Incorporated in 2009, Abans Financial Services Ltd (AFSL) is a Non-Banking Financial Company (NBFC) registered with the RBI. It primarily focused on lending to private traders and other small and medium businesses involved in the commodities trading market. While initially a commodities trading company, AFSL has successfully diversified into a multi-asset and multinational financial services company, primarily segmented into Agency Business, Finance Business, and Capital Business.
Together with its subsidiaries, Abans Financial Services Limited operates in India and internationally, offering services such as Institutional Broking, Asset Management, Financial Lending, Treasury operations, and Remittance Services.
The company's comprehensive service portfolio spans multiple financial verticals.
- Wealth and Asset Management: This includes financial asset distribution, broking, lending, credit, investment solutions, asset and portfolio management, treasury operations, and allied activities.
- Lending Services: Primarily focused on providing credit to private traders and other small and medium businesses engaged in the commodities trading market.
- Institutional Trading and Brokerage: Offers client-based institutional trading, wealth management, and private client brokerage services across equity, commodities, and foreign exchange markets.
- Commodity Operations: Engages in investments in physical and exchange-traded commodities and other instruments, and provides warehousing services to commodity market participants.
Abans Financial Services is a registered stock and commodity exchange broker, holding memberships across major Indian stock exchanges including BSE, NSE, MSEI, MCX, NCDEX, ICEX, and IIEL. Furthermore, it boasts memberships in various international exchanges such as DGCX (Dubai), LME (London), INE (Shanghai), and DCE (China), highlighting its global reach.
As of May 15, 2025, Abans Financial Services Ltd has a market capitalization of ₹1,026 Crore. The company's 52-week high share price is ₹625.00, and its 52-week low share price is ₹166.00. Over the last year, Abans Financial Services Ltd has given a return of -53.95%.
The stock's valuation metrics reflect its position within the Financials sector, specifically the Asset Management sub-sector. The P/E (price-to-earnings) ratio of AFSL is 11.20, and the P/B (price-to-book) ratio is 0.90.
- Revenue: ₹1,064.37 Crore, a significant jump of 321.62% year-over-year.
- Net Profit: ₹28.35 Crore, an increase of 45.46% year-over-year.
- Earnings Per Share (EPS): ₹4.2 during Q4 FY25.
- Revenue: ₹3,281 Crore for the full year ended March 2025.
- Profit: ₹109 Crore for the full year ended March 2025.
- TTM (Trailing Twelve Months) Profit after Tax: ₹93 Crore.
For the quarter ending September 30, 2024, Abans Financial Services reported revenue of INR 6.42 Billion, demonstrating a 75.47% growth. This contributed to the company's revenue in the last twelve months reaching INR 16.98 Billion, an increase of 16.32% year-over-year.
- Market Capitalization: ₹1,026 Crore (as of 15-May-2025)
- P/E Ratio: 11.20
- P/B Ratio: 0.90
- Q4 FY25 Revenue: ₹1,064.37 Crore
- Q4 FY25 Net Profit: ₹28.35 Crore
- FY25 Annual Revenue: ₹3,281 Crore
- FY25 Annual Profit: ₹109 Crore
- 52-Week High: ₹625.00
- 52-Week Low: ₹166.00
- Promoter Holding: 70.58% (as of Mar 2025)
The promoter, chairman, and managing director of Abans Financial Services Ltd is Abhishek P Bansal. Abhishek P Bansal holds a significant stake, owning 70.58% of the total equity as of March 2025. Promoter holding in Abans Financial Services Ltd saw a slight decrease to 71.48% as of March 2025 from 72.09% as of June 2024.
The company has shown operational improvements in certain areas, with debtor days improving from 57.8 to 36.9 days. However, the company has a low return on equity (ROE) of 9.52% over the last 3 years. Despite reporting repeated profits, the company has not been paying out dividends.
In its Q2 FY2024-25 earnings call, Abans Financial Services showcased robust financial growth, with consolidated revenues soaring 76% year-on-year. This growth was primarily driven by a strategic expansion in its lending business, particularly targeting small loans for capital market traders. The firm maintained operational resilience, achieving a 17% increase in assets under management (AUM) and a 25% rise in lending profits, despite a volatile market and cautious sentiment among foreign portfolio investors.
The company has demonstrated adaptability in challenging market conditions. The agency business thrived amid increased trading activity, with significant growth in performance and portfolio management services, underscoring the company's ability to adapt. However, challenges such as declining EBITDA margins in the treasury segment highlight the need for careful portfolio management.
Abans Financial Services Ltd represents a diversified financial services platform with strong growth potential in India's expanding financial services sector. The company's multi-faceted approach to financial services, combined with its strategic positioning across domestic and international markets, positions it well for continued expansion in the evolving financial landscape.
