Aban Offshore Limited - environment in Chennai, Tamil Nadu, India. FY 2026 financials and compliance.
CIN L01119TN1986PLC013473 Incorporated 25 September 1986 ROC Chennai HQ Chennai, Tamil Nadu, India
Under Insolvency Listed - NSE: ABAN · BSE: 523204 Public Limited Company environment
Data last updated
Revenue · FY 2024
₹399.67 Cr
▲ 0.74% YoY
Computed EBITDA · FY 2024
-₹153.91 Cr
▼ 4673.97% YoY
Net profit · FY 2024
-₹1,317.84 Cr
▼ 20.82% YoY
Authorised capital
₹1,500 Cr
Registered with MCA
Paid-up capital
₹292.67 Cr
Issued & subscribed
Open charges
₹16,366 Cr
Satisfied ₹13,786 Cr
Company age
40 yrs
Est. 1986
Last financials
Mar 2024
Balance sheet date

About Aban Offshore Limited

Data last updated: 28 November 2025

Aban Offshore Limited is a public limited company based in Chennai, Tamil Nadu, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in wind energy solutions, a part of the broader environmental services sector. Incorporated on 25 September 1986, the company has been in operation for over 40 years.

Registered with ROC Chennai under CIN L01119TN1986PLC013473. Listed on BSE: 523204 and NSE: ABAN.

Capital: an authorised share capital of ₹1,500 Cr and a paid-up capital of ₹292.67 Cr. Formerly known as Aban Loyd Chiles Offshore Limited. It is led by directors including Subhashini and Reji Abraham.

Last AGM: 12 September 2024. Financial statements filed for year ended 31 March 2024. Office: 'Janpriya Crest'96 Pantheon Road Egmore, Chennai, Tamil Nadu, India – 600008.

As per NSE-filed consolidated financials for FY 2024, the company reported a revenue of ₹399.67 Cr, a growth of 0.74% compared to the previous year. Total assets are valued at ₹1,515.04 Cr (down 12.93% YoY).

Its group structure includes 1 subsidiary.

The company is associated with 1 brand - Aban Offshore. As per MCA filings, the company has open charges of ₹16,366 Cr and satisfied charges of ₹13,786 Cr on record.

The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is abanoffshore.com.

Company Details of Aban Offshore Limited
CIN L01119TN1986PLC013473
Registration Number 013473
Incorporation Date 25 September 1986
ROC Chennai
Listing Status Listed (BSE: 523204, NSE: ABAN)
Company Status Under CIRP
Date of Last AGM 12 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    'Janpriya Crest'96 Pantheon Road Egmore, Chennai, Tamil Nadu, India – 600008
  • Industry
    Environment, Wind Energy Solutions
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Financials, compliance, directors, charges, ownership and filings for Aban Offshore Limited in one report.

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CIN History of Aban Offshore Limited

Aban Offshore Limited has one previous CIN (Corporate Identification Number): U01119TN1986PLC013473. The current CIN is L01119TN1986PLC013473, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L01119TN1986PLC013473 Current
U01119TN1986PLC013473 Previous

Associated Brands with Aban Offshore Limited

Aban Offshore Limited operates one associated brand: Aban Offshore. These brands represent Aban Offshore Limited's diversified market presence and brand portfolio.

Brand Description Website
Offshore drilling services provided to oil and gas industry. abanoffshore.com

Business Activity of Aban Offshore Limited

Aban Offshore Limited is engaged in the principal business activity of mining and quarrying, with detailed activities including extraction of crude petroleum & natural gas.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
B Mining and quarrying B2 Extraction of Crude Petroleum & Natural gas Locked
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Auditor Details of Aban Offshore Limited

Aban Offshore Limited is audited by Ford Rhodes Parks & Co. LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Ford Rhodes Parks & Co. LLP Locked Locked Locked
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Complete auditor history for Aban Offshore Limited

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Board of Directors and KMP of Aban Offshore Limited

Aban Offshore Limited currently reports 5 directors and 2 key managerial personnel. 9 former directors have served the organization.

Directors and KMP (as last reported)
Name Designation Appointment Date Tenure Status
Subhashini Director 19 Sep 2014 11 Years 11 Months As last reported
Reji Abraham Managing Director 09 Feb 1994 32 Years 6 Months As last reported
Chakkungal Pathayapura Gopalkrishnan Director 01 Aug 2001 25 Years 0 Months As last reported
Parasuraman Iyer Venkateswaran Director 01 Aug 2001 25 Years 0 Months As last reported
Balaji Company Secretary 19 Sep 2014 11 Years 11 Months As last reported
Narayan Venkat Ramanan Cfo 21 Apr 2025 1 Years 3 Months As last reported
Showing 6 of 7 current directors and KMP. View all directors and KMP

Financials of Aban Offshore Limited FY 2024 filings available

Aban Offshore Limited reported revenue of ₹399.67 Cr (up 0.74% YoY) for FY 2024.

Revenue · FY 2024
₹399.67 Cr ▲ 0.74%
Profit · FY 2024
-₹1,317.84 Cr ▼ 20.82%
Computed EBITDA · FY 2024
-₹153.91 Cr ▼ 4673.97%
Revenue₹ Cr · Consolidated05001,0001,500FY 2020: ₹974 Cr974FY 2020FY 2021: ₹1,069 Cr · +9.8% YoY1,069+9.8%FY 2021FY 2022: ₹598 Cr · -44.1% YoY598-44.1%FY 2022FY 2023: ₹397 Cr · -33.7% YoY397-33.7%FY 2023FY 2024: ₹400 Cr · +0.7% YoY400+0.7%FY 2024
Net Profit₹ Cr · Consolidated-10,000-5,00005,000FY 2020: ₹8,973 Cr (loss)-8,973FY 2020FY 2021: ₹1,973 Cr (loss) · +78% YoY-1,973FY 2021FY 2022: ₹2,177 Cr (loss) · -10.4% YoY-2,177FY 2022FY 2023: ₹1,091 Cr (loss) · +49.9% YoY-1,091FY 2023FY 2024: ₹1,318 Cr (loss) · -20.8% YoY-1,318FY 2024
Metrics FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹399.67 Cr ₹396.73 Cr ₹598.34 Cr ₹1,069.47 Cr ₹974.04 Cr
Other Income ₹48.08 Cr ₹134.33 Cr ₹14.95 Cr ₹223.58 Cr ₹13.13 Cr
Total Income ₹447.74 Cr ₹531.06 Cr ₹613.29 Cr ₹1,293.04 Cr ₹987.17 Cr
Cost of Materials Consumed ₹46.57 Cr ₹84 Cr ₹88.6 Cr ₹167.9 Cr ₹147.39 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹90.42 Cr ₹106.02 Cr ₹160.99 Cr ₹232.5 Cr ₹211.04 Cr
Finance Costs ₹1,092.08 Cr ₹1,109.58 Cr ₹1,096.63 Cr ₹1,105.71 Cr ₹1,202.96 Cr
Depreciation & Amortisation ₹49.58 Cr ₹47.11 Cr ₹144.86 Cr ₹194.99 Cr ₹844.86 Cr
Other Expenses ₹464.67 Cr ₹337.67 Cr ₹1,329.29 Cr ₹1,617.74 Cr ₹7,980.8 Cr
Total Expenses ₹1,743.31 Cr ₹1,684.38 Cr ₹2,820.38 Cr ₹3,318.85 Cr ₹10,387 Cr
Profit Before Exceptional Items & Tax -₹1,295.57 Cr -₹1,153.32 Cr -₹2,207.09 Cr -₹2,025.8 Cr -₹9,399.88 Cr
Exceptional Items ₹0 ₹93.31 Cr ₹54.11 Cr ₹33.26 Cr ₹0
Profit Before Tax -₹1,295.57 Cr -₹1,060.01 Cr -₹2,152.98 Cr -₹1,992.54 Cr -₹9,399.88 Cr
Total Tax Expense ₹20.69 Cr ₹28.24 Cr ₹23 Cr -₹19.7 Cr -₹428.11 Cr
Net Profit -₹1,317.84 Cr -₹1,090.75 Cr -₹2,177.08 Cr -₹1,972.53 Cr -₹8,972.61 Cr
  attributable to Owners ₹0 ₹0 - ₹0 ₹0
  attributable to NCI ₹0 ₹0 - ₹0 ₹0
Other Comprehensive Income -₹257.31 Cr -₹1,693.55 Cr -₹512.65 Cr ₹470.47 Cr -₹1,039.45 Cr
Total Comprehensive Income -₹1,575.15 Cr -₹2,784.3 Cr -₹2,689.73 Cr -₹1,502.06 Cr -₹10,012 Cr
EBITDA (computed) -₹153.91 Cr ₹3.37 Cr -₹965.59 Cr -₹725.1 Cr -₹7,352.06 Cr
Basic EPS ₹-225.81 ₹-186.50 ₹-373.04 ₹-337.99 ₹-1,537.46
Diluted EPS ₹-225.81 ₹-0.40 ₹-373.04 ₹-337.99 ₹-1,537.46
Metrics FY 2024 FY 2023
Total Assets ₹1,515.04 Cr ₹1,740.12 Cr
Non-current Assets ₹949.03 Cr ₹981.75 Cr
Current Assets ₹566.01 Cr ₹758.37 Cr
Property, Plant & Equipment ₹299.26 Cr ₹327.45 Cr
Inventories ₹112.07 Cr ₹96.61 Cr
Trade Receivables ₹138.64 Cr ₹326.81 Cr
Cash & Equivalents ₹43.51 Cr ₹148.5 Cr
Equity (Net Worth) -₹23,872 Cr -₹22,297 Cr
Equity Share Capital ₹11.67 Cr ₹11.67 Cr
Borrowings (Non-current) ₹0 ₹0
Borrowings (Current) ₹15,308 Cr ₹15,135 Cr
Total Debt (computed) ₹15,308 Cr ₹15,135 Cr
Current Liabilities ₹25,386 Cr ₹24,036 Cr
Total Liabilities ₹25,387 Cr ₹24,037 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2024 FY 2023 FY 2022
Operating Cash Flow -₹66.94 Cr ₹127.96 Cr -₹433.71 Cr
Investing Cash Flow -₹16.44 Cr ₹1,402.15 Cr ₹206.44 Cr
Financing Cash Flow -₹21.61 Cr -₹1,469.51 Cr ₹253.45 Cr
Capital Expenditure ₹17.07 Cr ₹52 Lakh ₹89 Lakh
Free Cash Flow (computed) -₹84.01 Cr ₹127.44 Cr -₹434.6 Cr
Dividends Paid ₹0 ₹0 ₹0
Net Change in Cash -₹105 Cr ₹60.6 Cr ₹26.18 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹90.2 Cr ₹75.99 Cr ₹82.07 Cr ₹155.93 Cr ₹238.81 Cr
Other Income ₹10.22 Cr ₹14.9 Cr ₹14.19 Cr ₹33.11 Cr ₹11.61 Cr
Total Income ₹100.42 Cr ₹90.9 Cr ₹96.26 Cr ₹189.04 Cr ₹250.41 Cr
Cost of Materials Consumed ₹50.9 Lakh ₹3.1 Cr ₹2.75 Cr ₹14.24 Cr ₹33.67 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹9.48 Cr ₹9.17 Cr ₹10.69 Cr ₹29.34 Cr ₹40.56 Cr
Finance Costs ₹63.94 Cr ₹69.15 Cr ₹79.33 Cr ₹81.51 Cr ₹95.85 Cr
Depreciation & Amortisation ₹38.56 Cr ₹38.16 Cr ₹40.53 Cr ₹60.79 Cr ₹160.72 Cr
Other Expenses ₹267.15 Cr ₹165.77 Cr ₹73.21 Cr ₹290.46 Cr ₹4,798.43 Cr
Total Expenses ₹379.64 Cr ₹285.35 Cr ₹206.5 Cr ₹476.34 Cr ₹5,129.22 Cr
Profit Before Exceptional Items & Tax -₹279.22 Cr -₹194.45 Cr -₹110.24 Cr -₹287.3 Cr -₹4,878.81 Cr
Exceptional Items ₹0 ₹93.31 Cr ₹9.88 Cr ₹33.26 Cr ₹0
Profit Before Tax -₹279.22 Cr -₹101.14 Cr -₹100.36 Cr -₹254.03 Cr -₹4,878.81 Cr
Total Tax Expense ₹3.76 Cr ₹11.5 Cr ₹5.38 Cr -₹22.73 Cr -₹421.42 Cr
Net Profit -₹282.98 Cr -₹114.99 Cr -₹105.74 Cr -₹231.3 Cr -₹4,457.39 Cr
Other Comprehensive Income -₹3.9 Lakh -₹75.7 Lakh ₹36.1 Lakh -₹74.2 Lakh ₹44 Lakh
Total Comprehensive Income -₹283.02 Cr -₹115.75 Cr -₹105.38 Cr -₹232.04 Cr -₹4,456.95 Cr
EBITDA (computed) -₹176.71 Cr -₹87.14 Cr ₹9.61 Cr -₹145 Cr -₹4,622.24 Cr
Basic EPS ₹-48.49 ₹-19.31 ₹-18.12 ₹-39.63 ₹-763.77
Diluted EPS ₹-48.49 ₹-0.40 ₹-18.12 ₹-39.63 ₹-763.77
Metrics FY 2024 FY 2023
Total Assets ₹443.95 Cr ₹683.99 Cr
Non-current Assets ₹236.95 Cr ₹269.13 Cr
Current Assets ₹207.01 Cr ₹414.86 Cr
Property, Plant & Equipment ₹35.82 Cr ₹73.95 Cr
Inventories ₹43.98 Cr ₹42.83 Cr
Trade Receivables ₹84.52 Cr ₹288.59 Cr
Cash & Equivalents ₹1.8 Cr ₹1.55 Cr
Equity (Net Worth) -₹1,163.64 Cr -₹880.62 Cr
Equity Share Capital ₹11.67 Cr ₹11.67 Cr
Borrowings (Non-current) ₹0 ₹0
Borrowings (Current) ₹677.42 Cr ₹673.72 Cr
Total Debt (computed) ₹677.42 Cr ₹673.72 Cr
Current Liabilities ₹1,607.59 Cr ₹1,564.61 Cr
Total Liabilities ₹1,607.59 Cr ₹1,564.61 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2024 FY 2023 FY 2022
Operating Cash Flow -₹26.5 Lakh ₹27.23 Cr ₹19.72 Cr
Investing Cash Flow -₹33.8 Lakh ₹54.59 Cr -₹73.6 Lakh
Financing Cash Flow ₹85.9 Lakh -₹83.1 Cr -₹7.42 Cr
Capital Expenditure ₹78.3 Lakh ₹52 Lakh ₹76.7 Lakh
Free Cash Flow (computed) -₹1.05 Cr ₹26.71 Cr ₹18.96 Cr
Dividends Paid ₹0 ₹0 ₹0
Net Change in Cash ₹25.4 Lakh -₹1.29 Cr ₹11.56 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
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You're viewing the latest exchange-filed financials for Aban Offshore Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
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Ownership and Shareholding of Aban Offshore Limited

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Group Structure of Aban Offshore Limited

Aban Offshore Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Aban Offshore Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Aban Energies Limited U31300TN1997PLC038108 -

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Aban Offshore Limited

Open charges
₹16,366 Cr
Satisfied charges
₹13,786 Cr
Breakdown by lending institutions
Bank of Baroda₹13,100.00 Cr
Others₹2,679.74 Cr
Sbicap Trustee Company Limited₹586.00 Cr
Latest charge details
DateLenderAmountStatus
08 May 2015 Sbicap Trustee Company Limited ₹100 Cr Open
04 Dec 2014 Sbicap Trustee Company Limited ₹486 Cr Open
17 Sep 2014 Bank of Baroda ₹13,100 Cr Open
14 Mar 2014 Others ₹2,679.74 Cr Open
29 Sep 2016 Others ₹15 Cr Satisfied

Total charge records: 106 View all charges

Employees and EPFO Compliance at Aban Offshore Limited

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GST Compliance of Aban Offshore Limited

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Credit Ratings, Litigation & Regulatory Alerts for Aban Offshore Limited

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MSME Payment Delays by Aban Offshore Limited

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Subsidiaries & Group Companies of Aban Offshore Limited

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MCA Filings & Documents of Aban Offshore Limited

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MCA filings and documents for Aban Offshore Limited

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Recent Activity on Aban Offshore Limited

Directors
21 Apr 2025
Narayan Venkat Ramanan was appointed as a CFO on 21 Apr 2025 & has been associated with this company since 1 year 4 months.
Directors
19 Sep 2024
Krishnamurthy Vijayan was appointed as a Director on 19 Sep 2024 & has been associated with this company since 1 year 11 months.
Activity
12 Sep 2024
Aban Offshore Limited last Annual general meeting of members was held on 12 Sep 2024 as per latest MCA records.
Charges
17 May 2024
A charge with Sbicap Trustee Company Limited of Rs. 100.00 Cr registered on 08 May 2015 with Charge ID 10567633 was modified on 17 May 2024.
Charges
17 May 2024
A charge registered on 08 Jul 2014 via Charge ID 10521173 with Sbicap Trustee Company Limited was fully satisfied on 17 May 2024.
Activity
31 Mar 2024
Aban Offshore Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

Frequently Asked Questions about Aban Offshore Limited

Aban Offshore Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.

Aban Offshore Limited is a company under insolvency, formerly operating as a public limited company in the environment sector based in Chennai, Tamil Nadu, India. It was incorporated on 25 September 1986 and is registered under CIN L01119TN1986PLC013473. Listed on BSE: 523204 and NSE: ABAN. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Aban Offshore Limited reported revenue of ₹399.67 Cr for FY 2024 (up 0.74% YoY) based on consolidated NSE filings.

The current directors and KMP of Aban Offshore Limited are:

The CIN (Corporate Identification Number) of Aban Offshore Limited is L01119TN1986PLC013473. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Aban Offshore Limited is listed on both BSE (code: 523204) and NSE (symbol: ABAN).

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