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Abans Holdings Limited (IN:AFSL)
:AFSL
India Market
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Abans Holdings Limited (AFSL) AI Stock Analysis

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IN:AFSL

Abans Holdings Limited

(AFSL)

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Neutral 55 (OpenAI - 5.2)
Rating:55Neutral
Price Target:
₹206.00
▲(2.49% Upside)
Action:Reiterated
Date:05/21/26
The score is driven mainly by mixed financial performance: revenue growth and improving leverage are offset by sharp margin compression and volatile cash-flow generation. Technical signals are mildly weak (below key moving averages with negative MACD), while valuation is supportive due to a low P/E.
Positive Factors
Revenue Scaling
Sharp revenue scaling in FY2026 indicates expanding client traction or product adoption, creating durable top-line momentum. Sustained revenue growth supports operational leverage, funds reinvestment and diversification, and gives management optionality to invest in higher-margin initiatives over the medium term.
Negative Factors
Margin Compression
Very thin gross and net margins materially weaken earnings power and provide little buffer against cost increases or revenue setbacks. Persistent low margins compress free cash flow potential, limit reinvestment capacity and make long-term profitability highly sensitive to small shocks.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Scaling
Sharp revenue scaling in FY2026 indicates expanding client traction or product adoption, creating durable top-line momentum. Sustained revenue growth supports operational leverage, funds reinvestment and diversification, and gives management optionality to invest in higher-margin initiatives over the medium term.
Read all positive factors

Abans Holdings Limited (AFSL) vs. iShares MSCI India ETF (INDA)

Abans Holdings Limited Business Overview & Revenue Model

Company Description
Abans Financial Services Limited operates as an Indian non-banking finance company with a presence both domestically and internationally. Its operations are divided into three core segments: Fee Based Investment Services, Principal Investment & Tr...
How the Company Makes Money
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Abans Holdings Limited Financial Statement Overview

Summary
Strong FY2026 revenue scaling and improving leverage are positives, but profitability compressed sharply (very thin ~0.4% net margin) and cash-flow conversion has been inconsistent year-to-year (FY2025 negative OCF/FCF despite positive net income).
Income Statement
54
Neutral
Balance Sheet
63
Positive
Cash Flow
48
Neutral
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue78.80B238.79B13.80B11.51B5.53B11.72B
Gross Profit1.09B2.85B2.32B991.54M119.50M-186.82M
EBITDA1.02B1.23B1.38B864.19M188.52M614.58M
Net Income731.41M963.19M892.43M702.94M618.40M418.98M
Balance Sheet
Total Assets36.26B29.07B28.97B18.63B11.69B11.82B
Cash, Cash Equivalents and Short-Term Investments31.78B13.05B11.09B10.86B780.91M1.55B
Total Debt7.35B7.54B9.29B4.41B860.59M2.68B
Total Liabilities23.48B15.55B18.85B9.59B4.33B5.21B
Stockholders Equity11.82B12.50B9.31B8.27B6.31B5.62B
Cash Flow
Free Cash Flow-103.51M4.89B437.98M2.53B-115.54M621.30M
Operating Cash Flow-71.53M4.92B445.77M2.53B-115.17M622.33M
Investing Cash Flow3.22B-2.79B-4.47B-4.63B-378.60M-30.60M
Financing Cash Flow-2.94B6.32M4.03B4.18B-205.66M660.06M

Abans Holdings Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
63
Neutral
₹56.14B9.780.31%32.04%249.98%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
61
Neutral
₹170.73B48.550.37%73.17%176.39%
55
Neutral
₹10.21B11.08629.00%-5.74%
55
Neutral
₹27.90B24.6484.05%18.64%
44
Neutral
₹145.06M8.26-11.77%
41
Neutral
₹266.28M-18.2457.34%53.39%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:AFSL
Abans Holdings Limited
201.00
-26.35
-11.59%
IN:GOENKA
Goenka Diamond & Jewels Ltd.
0.84
-0.11
-11.58%
IN:LYPSAGEMS
Lypsa Gems & Jewellery Ltd.
4.92
-3.50
-41.57%
IN:RAJESHEXPO
Rajesh Exports Limited
94.50
-107.85
-53.30%
IN:SENCO
Senco Gold Limited
342.65
-22.60
-6.19%
IN:THANGAMAYL
Thangamayil Jewellery Ltd.
5,492.95
3,597.21
189.75%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 21, 2026