On 6 Nov 2026, Abate AS Industries was priced at ₹7.02, or 11.9× trailing earnings, against an industry P/E of 18.4×, and the shares are 65% below their 52-week high. Its ROCE of 6.6% is the lowest among the 7 largest Capital Markets peers. It carries very little debt. It is a small-cap company with a market cap of ₹111 Cr, ranked 82nd of 219 Capital Markets companies by market cap; the shares fell 59% over the past year.
- ₹7.20
- ₹7.20
- ₹6.99
- ₹7.04
- 8.8K
Health check
- ReturnsBehind
−59.0% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 11.9 vs industry 18.4.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityWeak
ROCE 6.6% vs peer median 22.1%.
- Balance sheetSolid
Practically debt-free, Piotroski 8 of 9.
- Red flags3 to check
Return on equity is low at 5.1%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹111 Cr
- Small cap
- P/E
- 11.9
- Industry 18.4
- Price to book
- 0.91
- Peers 4.53
- Dividend yield
- 0.00%
- ROE
- 5.1%
- Peers 18.9%
- ROCE
- 6.6%
- Peers 22.1%
- Debt to equity
- 0.05
- Debt ₹9.55 Cr
- EPS (TTM)
- ₹0.59
- OPM (TTM)
- 10.0%
- Net margin 8.7%
- Sales growth
- −44.4%
- Latest quarter vs a year ago
- Profit growth
- −0.1%
- Latest quarter vs a year ago
- Price to sales
- 0.78
- EV/EBITDA 16.4
Strengths and risks
Strengths
- Practically debt-free.
- P/E of 11.9 against an industry P/E of 18.4.
Risks to check
- Return on equity is low at 5.1%.
- Quarterly sales down 44.4% on a year ago.
- 65% below its 52-week high.
About Abate AS Industries
Abate AS Industries Limited provides eye healthcare services in India. The company offers eye care services through hospitals; and eyewear and vision solutions through optical outlet. It also provides professional courses in healthcare, architecture, and business through educational institutions. In addition, the company offers business advisory services comprising public listing support, such as BSE acquisition and compliance guidance; creative and…
- Headquarters
- Perinthalmanna
- Employees
- 1
- Sector
- Financial Services
- ISIN
- INE454E01013
- Website
- abateas.com
Price range
- Avg volume (3M)
- 27.2K
- 1-year return
- minus 59.0%
- From 52-week high
- minus 65.1%
Peers · Capital Markets
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GROWWBillionbrains Garage Ventures | 215.08 | minus 3.93% | 1,33,585 | 50.3 | 13.78 | 29.3% | 21.6% | 62.9% | – | – | 0.00% | plus 63.8% |
| MOTILALOFSMotilal Oswal Financial Services | 1,102.00 | plus 0.64% | 66,448 | 25.0 | 4.27 | 18.1% | 18.9% | 52.4% | 29.0% | 26.1% | 0.54% | plus 11.1% |
| AIILAuthum Investment & Infrastructure | 570.05 | plus 0.08% | 48,410 | 27.6 | 3.29 | 15.2% | 13.1% | 74.0% | 44.4% | −23.5% | 0.00% | minus 0.7% |
| ANGELONEAngel One | 331.00 | plus 1.49% | 30,290 | 26.8 | 4.53 | 26.9% | 18.4% | 39.7% | 20.3% | 0.9% | 1.95% | plus 29.5% |
| CDSLCentral Depository Services (India) | 1,331.40 | minus 0.19% | 27,826 | 55.1 | 14.03 | 29.7% | 26.4% | 51.3% | 27.3% | 18.2% | 0.96% | minus 13.3% |
| CHOICEINChoice International | 748.20 | minus 0.09% | 16,668 | 62.9 | 8.90 | 17.6% | 15.8% | 35.3% | 42.2% | 53.6% | 0.00% | minus 7.4% |
| IIFLCAPSIIFL Capital Services | 349.80 | plus 0.13% | 13,036 | 18.8 | 3.15 | 22.1% | 19.5% | 36.1% | 19.9% | 30.9% | 0.86% | plus 4.1% |
| ABATEASAbate AS Industries | 7.02 | minus 0.28% | 111 | 11.9 | 0.91 | 6.6% | 5.1% | 10.0% | – | – | 0.00% | minus 59.0% |
| Median of 7 peers | – | 0.08% | 30,290 | 27.6 | 4.53 | 22.1% | 18.9% | 51.3% | 28.2% | 22.2% | 0.54% | 4.1% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 41.1 | 42.1 | 42.7 | 33.9 | 22.8 | |
| 38.6 | 38.3 | 38.8 | 30.8 | 19.5 | |
| 2.5 | 3.9 | 3.9 | 3.1 | 3.3 | |
| 6.1% | 9.1% | 9.2% | 9.1% | 14.6% | |
| 0.5 | 1.1 | 0.1 | 0.5 | 0.3 | |
| 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | |
| 0.5 | 0.5 | 0.5 | 0.5 | 0.7 | |
| 2.4 | 4.3 | 3.3 | 3 | 2.7 | |
| 6.8% | 5.2% | 8.1% | 1.9% | 17.8% | |
| 2.2 | 4.1 | 2.1 | 2.1 | 2.2 | |
| 0.14 | 0.19 | 0.13 | 0.13 | 0.14 |
Profit & loss
- ROE
- 5.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| – | – | 14.1 | 159 | |
| – | – | 13.3 | 146 | |
| −0.4 | −0.8 | 0.7 | 13.2 | |
| – | – | 5.3% | 8.3% | |
| 0 | −0 | 1 | 2.2 | |
| 0 | 0 | 0.1 | 0.6 | |
| 0 | 0 | 0.6 | 2 | |
| – | −0.1 | – | −0 | |
| −0.4 | −0.9 | 1.1 | 12.7 | |
| – | – | −1.4% | 5.6% | |
| −0.4 | −0.9 | 0.7 | 8.6 | |
| -0.35 | -1.82 | 0.29 | 0.54 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 5 | 5 | 78.8 | 158 | |
| −5 | −5.9 | 85 | 15.8 | |
| 0.6 | 1.2 | 10.6 | 9.5 | |
| 0 | 0 | 31.3 | 40 | |
| 0.6 | 0.3 | 206 | 223 | |
| 0 | 0 | 16.9 | 19.5 | |
| – | – | 0 | – | |
| – | – | 14.7 | 15 | |
| 0.1 | 0.1 | 1.6 | 3.5 | |
| 0.5 | 0.2 | 172 | 185 | |
| 0.6 | 0.3 | 206 | 223 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.4 | −0.7 | −0.7 | 6.1 | |
| −0 | – | −164 | −3 | |
| 0.4 | 0.6 | 165 | −2.4 | |
| −0 | −0.1 | −0.5 | 0.7 | |
| −0 | – | −0 | −3 | |
| −0.4 | −0.7 | −0.8 | 3.1 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.