Aban Offshore FY26 results: Disclaimer of opinion, company under CIRP
ABAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Aban Offshore reported FY26 total income of Rs 1,285.74 million, down sharply from Rs 3,095.46 million in FY25. PAT fell to Rs 316.83 million from Rs 1,678.20 million. Auditor issued a disclaimer of opinion citing non-receipt of bank confirmations and material uncertainty about going concern. The company has been under CIRP since September 2025. Net worth is negative at Rs 9,627.95 million, current liabilities exceed current assets by Rs 11,697.79 million, and operating cash flow was negative.
Stock under insolvency resolution. Net worth fully eroded, large debt, and going concern doubts raise serious risk for shareholders.