Integrated Filing — IndAS



General information about company

Scrip Code 543712
NSE Symbol AFSL
MSEI Symbol NOTLISTED
ISIN INE00ZE01026
Name of company ABANS FINANCIAL SERVICES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 11-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 04-11-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Half Yearly
Reporting Quarter Half yearly
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 11-11-2025   16:15:00
End date and time of board meeting 11-11-2025   18:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 8,72,549.14 8,72,549.14
Other income 325.76 325.76
Total income 8,72,874.90 8,72,874.90
2 Expenses
(a) Cost of materials consumed 8,58,905.93 8,58,905.93
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (2,433.79) (2,433.79)
(d) Employee benefit expense 2,868.08 2,868.08
(e) Finance costs 2,077.58 2,077.58
(f) Depreciation, depletion and amortisation expense 68.37 68.37
(f) Other Expenses
1 Other Expenses 3,320.28 3,320.28
Total other expenses 3,320.28 3,320.28
Total expenses 8,64,806.45 8,64,806.45
3 Total profit before exceptional items and tax 8,068.45 8,068.45
4 Exceptional items 0.00 0.00
5 Total profit before tax 8,068.45 8,068.45
6 Tax expense
7 Current tax 1,902.38 1,902.38
8 Deferred tax (1,287.82) (1,287.82)
9 Total tax expenses 614.56 614.56
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 7,453.89 7,453.89
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 7,453.89 7,453.89
17 Other comprehensive income net of taxes 2,570.96 2,570.96
18 Total Comprehensive Income for the period 10,024.85 10,024.85
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 6,813.77 6,813.77
Total profit or loss, attributable to non-controlling interests 640.12 640.12
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 9,196.09 9,196.09
Total comprehensive income for the period attributable to owners of parent non-controlling interests 828.76 828.76
21 Details of equity share capital
Paid-up equity share capital 1,012.20 1,012.20
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 14.74 14.74
Diluted earnings (loss) per share from continuing operations 14.74 14.74
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 14.74 14.74
Diluted earnings (loss) per share from continuing and discontinued operations 14.74 14.74
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Abans Financial Services Limited (Formerly known as Abans Holdings Limited) Notes to the unaudited consolidated financial results for the quarter and half year ended September 30, 2025: 1. The above unaudited consolidated financial results have been prepared in accordance with regulation 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2. The above unaudited consolidated financial results are prepared to comply in all material respect in accordance with Indian Accounting Standard (Ind AS) notified under Section 133 of the Companies Act, 2013, read with relevant rules issued there under. These unaudited consolidated financial results were recommended by the Audit Committee and were approved in the Meeting of Board of Directors held on November 11, 2025. 3. During the period ended September 30, 2025, the company has allotted 33,867 equity shares (Face value of Rs. 2/- each) pursuant to the exercise of options granted under Employee Stock Option Scheme. 4. The Group’s operating segments are established on the basis of those components of the Group that are evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. These have been identified taking into account nature of activity, the differing risks and returns and the internal business reporting systems. 5. As on September 30, 2025, the company has thirteen subsidiaries (including step down subsidiaries). 6. During Q1 FY26, the Company subscribed to the rights issue of Abans Capital Private Limited and acquired 327 equity shares at Rs. 12,90,000 per share aggregating to Rs. 4,218.30 lakhs. 7. On August 6, 2025, the Board of Directors of Abans Broking Services Private Limited has approved Proposal of scheme of arrangement of merger of Abans Capital Private Limited (ACPL), subsidiary of the Company, Abans Commodities (I) Private Limited (‘ACIPL’), Abans Securities Private Limited (ASPL), Clamant Broking Services Private Limited (CBSPL), step-down subsidiaries of the Company (hereinafter collectively referred as “Transferor companies”), with Abans Broking Services Private Limited (ABSPL). The respective companies are in the process of obtaining requisite approval from relevant regulatory authorities. 8. The Group has the following principal operating and reporting segments; viz. Fee based investment services, Principal investment & Treasury and Lending & Credit solutions. The accounting policies adopted for segment reporting are in line with the accounting policy of the Company and the Statement on Segment Reporting is as per Ind AS – 108- Operating Segments. 9. The information contained in this statement shall also be available on Company’s Website www.abansfinserv.com and also on the website of the Stock Exchanges viz. BSE Limited -www.bseindia.com. and National Stock Exchange of India Limited - www.nseindia.com. 10. Figures are regrouped, rearranged and reclassified wherever necessary. Figures are rounded off to the nearest INR value in Lakhs.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 1,562.15
Capital work-in-progress 7.77
Investment property
Goodwill 567.08
Other intangible assets 117.12
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 2,286.88
Trade receivables, non-current
Loans, non-current 4.68
Other non-current financial assets 428.63
Total non-current financial assets 2,720.19
Deferred tax assets (net) 621.33
Other non-current assets 1.50
Total non-current assets 5,597.14
2 Current assets
Inventories 4,438.87
Current financial asset
Current investments 1,09,747.60
Trade receivables, current 13,264.66
Cash and cash equivalents 10,176.09
Bank balance other than cash and cash equivalents 33,061.75
Loans, current 20,347.62
Other current financial assets 1,64,793.11
Total current financial assets 3,51,390.83
Current tax assets (net) 160.60
Other current assets 1,002.77
Total current assets 3,56,993.07
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 3,62,590.21
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,012.20
Other equity 1,17,146.65
Total equity attributable to owners of parent 1,18,158.85
Non controlling interest 9,649.80
Total equity 1,27,808.65
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 2,620.89
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 60.04
Total non-current financial liabilities 2,680.93
Provisions, non-current 264.96
Deferred tax liabilities (net) 572.35
Deferred government grants, Non-current 0.00
Other non-current liabilities 0.00
Total non-current liabilities 3,518.24
Current liabilities
Current financial liabilities
Borrowings, current 70,853.34
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 11,459.90
Total Trade payable 11,459.90
Other current financial liabilities 1,33,330.55
Total current financial liabilities 2,15,643.79
Other current liabilities 13,078.35
Provisions, current 453.33
Current tax liabilities (Net) 2,087.85
Deferred government grants, Current
Total current liabilities 2,31,263.32
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 2,34,781.56
Total equity and liabilites 3,62,590.21
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Fee based investment services 9,602.57 9,602.57
2 Principal investment and treasury 8,62,151.68 8,62,151.68
3 Lending and credit solutions 1,065.27 1,065.27
4 Others/unallocable 0.0005538 0.0005538
Total Segment Revenue 8,72,874.90 8,72,874.90
Less: Inter segment revenue 0.00 0.00
Revenue from operations 8,72,874.90 8,72,874.90
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Fee based investment services 5,367.94 5,367.94
2 Principal investment and treasury 2,554.43 2,554.43
3 Lending and credit solutions 629.09 629.09
4 Others/unallocable 44.36 44.36
Total Profit before tax 8,595.82 8,595.82
i. Finance cost 527.37 527.37
ii. Other Unallocable Expenditure net off Unallocable income 0.00 0.00
Profit before tax 8,068.45 8,068.45
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Fee based investment services 0.00 0.00
2 Principal investment and treasury 0.00 0.00
3 Lending and credit solutions 0.00 0.00
4 Others/unallocable 0.00 0.00
Total Segment Asset 0.00 0.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 0.00 0.00
4 Segment Liabilities
Segment Liabilities
1 Fee based investment services 0.00 0.00
2 Principal investment and treasury 0.00 0.00
3 Lending and credit solutions 0.00 0.00
4 Others/unallocable 0.00 0.00
Total Segment Liabilities 0.00 0.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 0.00 0.00
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) Note:- Due to the dynamic nature of the business and the multiple operating segments the business has, the assets and liabilities are used interchangebly among all segments. Forced allocation of these asssets and liabilities is not practicable and will not result in any meaningful allocation and seggregation. Hence, the assets and liabilities have not been identified with regards to segment reporting.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Gain/(loss) on fair valuation of quoted investments in equity shares 72293000 72293000
2 Tax relating to items that will not be reclassified to profit or loss -14424000 -14424000
Total Amount of items that will not be reclassified to profit and loss 578.69
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
1 Exchange rate differences on translation of financial statements of foreign operations 266232000 266232000
2 Tax relating to items that will be reclassified to profit or loss -67005000 -67005000
Total Amount of items that will be reclassified to profit and loss 1,992.27
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 2,570.96 2,570.96



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0.00
Adjustments for decrease (increase) in inventories (5,173.94)
Adjustments for decrease (increase) in trade receivables, current (32,967.94)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 46,543.57
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 68.37
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (1.85)
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 2.68
Adjustments for interest income 375.30
Adjustments for share-based payments 860.77
Adjustments for fair value losses (gains) 4,832.56
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (2,808.27)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 402.34
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 11,377.63
Net cash flows from (used in) operations 19,446.08
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 846.27
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 18,599.81
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 10,119.09
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 138.27
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 2.68
Interest received 2,132.15
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (8,122.53)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.68
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.05
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 9,672.18
Payments of lease liabilities 0.00
Dividends paid 0.00
Interest paid 1,854.26
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (0.98)
Net cash flows from (used in) financing activities (11,526.69)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (1,049.41)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 236.81
Net increase (decrease) in cash and cash equivalents (812.60)
Cash and cash equivalents cash flow statement at beginning of period 10,988.69
Cash and cash equivalents cash flow statement at end of period 10,176.09