AFSL

Abans Financial Services Limited

Diversified financial services entity with broking, NBFC and agri-commodities businesses

Financial Services›Financial Services›Finance›Holding Company

abansfinserv.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-19

Stock price
₹201.08
Market cap
1,021 Cr
Stock P/E
8.0
P/B
0.81
ROE (FY26)
7.1%
ROCE (FY26)
7.7%
Operating margin (FY26)
0.7%
Debt / equity (FY26)
0.59

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Abans Financial Services is a diversified Indian financial group that sells broking, asset management, lending and international money-remittance services, and also trades commodities and securities for its own account.

Company snapshot

10thBy market cap

Ranked among 13 companies in Holding Company.

Segment mix

Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.

Largest segment: 95.5% of revenue

SegmentRevenue shareRevenuePBTAssets
Agency business
3.7%
47 Cr30 Cr0 Cr
Internal treasury operations
95.5%
1,223 Cr3 Cr0 Cr
Lending activities
0.8%
10 Cr7 Cr0 Cr
Others / un allocable
0.0%
0.23 Cr0.03 Cr0 Cr

What we see

Positives
  • ✓Cash flow from operations is higher than reported profit — earnings quality looks solid.
Concerns
  • ✗Net margin is very thin at 0.4% — little room for error if costs rise.

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales359 Cr501 Cr252 Cr296 Cr641 Cr1,280 Cr1,063 Cr1,894 Cr6,832 Cr6,495 Cr8,708 Cr3,713 Cr
Operating expenses (approx.)327 Cr468 Cr215 Cr252 Cr595 Cr1,228 Cr1,016 Cr1,842 Cr6,784 Cr6,451 Cr8,693 Cr3,613 Cr
EBITDA33 Cr33 Cr37 Cr44 Cr46 Cr52 Cr48 Cr51 Cr48 Cr44 Cr16 Cr100 Cr
OPM %9.1%6.7%14.6%14.8%7.2%4.1%4.5%2.7%0.7%0.7%0.2%2.7%
Other income6 Cr6 Cr0.12 Cr0.25 Cr0.66 Cr0.35 Cr1 Cr2 Cr2 Cr1 Cr0.93 Cr0.60 Cr
Interest14 Cr13 Cr12 Cr15 Cr12 Cr17 Cr15 Cr12 Cr9 Cr9 Cr12 Cr13 Cr
Depreciation0.16 Cr0.15 Cr0.16 Cr0.16 Cr0.36 Cr0.31 Cr0.33 Cr0.30 Cr0.38 Cr0.44 Cr0.70 Cr1 Cr
Profit before tax25 Cr26 Cr25 Cr29 Cr35 Cr35 Cr33 Cr41 Cr40 Cr36 Cr4 Cr86 Cr
Tax %5.8%7.7%16.2%16.3%21.9%23.6%9.4%20.5%-5.8%4.2%188.3%23.8%
Net profit23 Cr24 Cr21 Cr24 Cr27 Cr27 Cr30 Cr33 Cr42 Cr34 Cr-4 Cr66 Cr
EPS (₹)₹4.66₹4.76₹4.22₹4.83₹5.46₹5.36₹5.96₹6.46₹8.27₹6.78₹-0.73₹12.20

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,765 Cr1,326 Cr639 Cr1,151 Cr1,378 Cr3,281 Cr23,874 CrSign in free for the trailing twelve months
Operating expenses (approx.)2,675 Cr1,250 Cr554 Cr1,078 Cr1,228 Cr3,091 Cr23,715 CrSign in free for the trailing twelve months
EBITDA90 Cr76 Cr84 Cr73 Cr150 Cr189 Cr158 CrSign in free for the trailing twelve months
OPM %3.3%5.7%13.2%6.4%10.9%5.8%0.7%Sign in free for the trailing twelve months
Other income7 Cr6 Cr8 Cr13 Cr2 Cr2 Cr6 CrSign in free for the trailing twelve months
Interest53 Cr31 Cr26 Cr10 Cr51 Cr58 Cr41 CrSign in free for the trailing twelve months
Depreciation1 Cr1 Cr0.72 Cr0.65 Cr0.63 Cr1 Cr2 CrSign in free for the trailing twelve months
Profit before tax42 Cr49 Cr66 Cr76 Cr100 Cr132 Cr121 CrSign in free for the trailing twelve months
Tax %7.4%6.7%6.5%7.5%10.8%18.0%12.9%Sign in free for the trailing twelve months
Net profit39 Cr46 Cr62 Cr70 Cr89 Cr109 Cr105 CrSign in free for the trailing twelve months
EPS (₹)₹8.46₹9.88₹13.37₹14.84₹17.80₹21.56₹20.78Sign in free for the trailing twelve months
Dividend payout %———0.0%0.0%0.0%0.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital3 Cr9 Cr9 Cr10 Cr10 Cr10 Cr10 Cr
Reserves496 Cr553 Cr622 Cr817 Cr921 Cr1,064 Cr1,240 Cr
Borrowings319 Cr267 Cr86 Cr441 Cr929 Cr834 Cr743 Cr
Other liabilities304 Cr254 Cr347 Cr517 Cr956 Cr1,061 Cr812 Cr
Total liabilities1,213 Cr1,182 Cr1,169 Cr1,863 Cr2,897 Cr3,060 Cr2,907 Cr
Fixed assets (net)14 Cr14 Cr13 Cr13 Cr14 Cr15 Cr27 Cr
CWIP———————
Investments47 Cr60 Cr97 Cr570 Cr1,007 Cr974 Cr0.59 Cr
Loans & advances———168 Cr347 Cr266 Cr114 Cr
Inventories29 Cr23 Cr60 Cr61 Cr56 Cr20 Cr0.12 Cr
Trade receivables433 Cr343 Cr298 Cr249 Cr221 Cr331 Cr37 Cr
Cash & bank77 Cr153 Cr69 Cr232 Cr233 Cr110 Cr333 Cr
Other assets611 Cr589 Cr631 Cr570 Cr1,019 Cr1,343 Cr2,396 Cr
Total assets1,213 Cr1,182 Cr1,169 Cr1,863 Cr2,897 Cr3,060 Cr2,907 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity18 Cr62 Cr-12 Cr253 Cr45 Cr-119 Cr505 Cr
Cash from investing-14 Cr-3 Cr-38 Cr-463 Cr-447 Cr210 Cr-278 Cr
Cash from financing22 Cr66 Cr-21 Cr418 Cr403 Cr-205 Cr-13 Cr
Net cash flow26 Cr125 Cr-70 Cr209 Cr1 Cr-112 Cr223 Cr
Free cash flow (OCF − Capex)13 Cr62 Cr-12 Cr253 Cr43 Cr-121 Cr502 Cr

Ratios

MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %10.5%8.7%11.2%6.4%7.8%9.5%7.7%
ROE %5.9%6.3%7.7%7.2%8.1%8.8%7.1%
Debtor days57941707959371
Inventory days4634191520
Days payable291561253861
Cash conversion cycle3286143733533-0
Debt / equity0.640.480.140.531.000.780.59
Current ratio2.573.482.681.901.601.621.95
Net debt / EBITDA2.681.510.202.854.643.822.60