Abans Financial Services Reports 35% YoY Net Profit Growth, AUM Reaches ₹3,500 Crore Milestone
Abans Financial Services Limited (AFSL) reported robust financial results with significant growth across key metrics. The company's net profit increased by 35% year-on-year, and it achieved a milestone of ₹3,500 crore in Assets Under Management. AFSL's revenue reached ₹1,895 crore, with EBITDA at ₹52.80 crore. The company demonstrated strong performance across various business segments, including asset management, investment advisory, broking, lending, and treasury operations. Fee-based investment services generated ₹165 crore in revenue. AFSL is pursuing growth through strategic initiatives, including partnerships, new asset management vehicles, and expansion into merchant banking. The management anticipates doubling AUMs every 12-18 months and expects improved operational leverage as new initiatives contribute to revenues.
07Aug 25
Abans Financial Services Approves Revised Insider Trading Code and Announces Amalgamation of Subsidiaries
Abans Financial Services Limited (AFSL) has approved a revised insider trading code and announced plans to amalgamate its subsidiaries. The new code enhances compliance with SEBI regulations. The amalgamation involves merging Abans Capital Private Limited and three step-down subsidiaries into Abans Broking Services Private Limited. Shareholders of Abans Capital will receive 1,253 shares in Abans Broking for each share held. The move aims to streamline operations, reduce costs, and improve profitability. AFSL's shareholding pattern remains unchanged.
15Apr 25
Abans Financial Services Expands Investment Portfolio and Amends Corporate Structure
Abans Financial Services Limited (AFSL) approved key decisions on April 15, 2025, including a Rs. 4,218.30 crore investment in subsidiary Abans Capital Private Limited, expansion of business activities to include asset management and merchant banking, and amendments to allow flexible leadership structure.