Key Metrics of Abil Propcon LLP
About Abil Propcon LLP
Company details
Company summary
Entity details
Compliance
Industry classification
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
Sign in to continue See plans & pricingFiling compliance
Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
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Credit ratings
Rating history
Rating actions
| Date | Agency | Action | Long term | Short term | Outlook | Rated amount | Rationale |
|---|---|---|---|---|---|---|---|
| 18 Jun 2026 | ICRA | Assigned | BBB+ | — | Stable | ₹85.0 Cr | View |
| 15 Jul 2022 | CARE | Other | — | — | — | ₹0 | View |
| 06 Jun 2022 | CARE | Watch | BBB- | — | Negative | ₹150 Cr | View |
| 04 Apr 2022 | CARE | Assigned | BBB- | — | Stable | ₹300 Cr | View |
Credit strengths (ICRA, Jun 2026)
+ Adequate leasing; strong debt protection metrics
The asset, ABIL Boulevard, has achieved occupancy levels of ~78% as of March 2026, supporting stable rental inflows.
+ Favourable project location
ABIL Boulevard is situated on North Main Road, Koregaon Park Annex, Pune.
+ Established track record of sponsor in managing commercial real estate assets
The firm is a part of the ABIL Group, which has an established track record in the commercial real estate segment for over four decades.
Credit challenges
− Exposure to tenant concentration risk
The firm is exposed to tenant concentration risk in the asset with top five tenants accounting for more than 80% of the total income.
− Exposure to residual market risk
The asset is susceptible to market risk for the 22% of the remaining unleased area.
− Geographical and asset concentration risks
The firm is vulnerable to high geographical and asset concentration risks, with revenues dependent on a single commercial asset.
Could lead to an upgrade
The rating can be upgraded in case of a material improvement in occupancy and rentals while maintaining strong debt protection metrics on a sustained basis.
Could lead to a downgrade
Pressure on the rating could arise if there is any material decline in occupancy levels or significant increase in indebtedness resulting in weakening of debt coverage and leverage metrics on a sustained basis. Any non -adherence to debt structure may also lead to a rating downgrade. www.icra.in Sensitivity Label : Public Page |2
Agency-reported financials (ICRA, 18 Jun 2026)
| Metric | FY2025 | FY2026 |
|---|---|---|
| Operating income | ₹88.90 Cr | ₹11.90 Cr |
| PAT | ₹2.10 Cr | ₹-26.70 Cr |
| OPBDIT/OI | 3.3% | 50.4% |
| PAT/OI | 2.4% | -223.5% |
| Total outside liabilities/Tangible net worth (times) | 0.30× | 0.60× |
| Total debt/OPBDIT (times) | 0.00× | 0.00× |
| Interest coverage (times) | 159.30× | 5.50× |
| Revenue growth (YoY) | — | −86.6% |
| EBITDA (margin × income) | ₹2.93 Cr | ₹6.00 Cr |
| Implied total debt (debt/EBITDA × EBITDA) | ₹0.00 Cr | ₹0.00 Cr |
| Implied interest cost (EBITDA ÷ coverage) | ₹0.02 Cr | ₹1.09 Cr |
Borrowings & rated debt
Rated limits over time
Facility mix
Rated facilities
| Facility | Type | Previous | Current | Change | Rating | Action | Agency |
|---|---|---|---|---|---|---|---|
| (CWN) Long Term Bank Credit (Under Credit watch Facilities with Implications) | Working capital & bank lines | — | ₹150 Cr | — | BBB- | Watch | CARE |
CARE ratings on record (checked 02 Nov 2026)
| Instrument | Amount | Rating |
|---|---|---|
| Term Loan | — | Withdrawn |
Credit assessment · Manufacturing
Rating Methodology – Manufacturing Companies (Mar 2025) · Standalone accounts · FY 2025-26
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | No default on record |
| Issuer cooperation | Cooperating |
| Credit enhancement | None – standalone rating |
| Next action stable or better (model) | 56% |
| Information on file | 44% · missing: Annual results history (3+ years), Debt obligations and repayment schedule, Capex / investment plans, Auditor details, Shareholding pattern |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
- Credit outlook model: 55% chance the next rating action is stable or better
- Current rating BBB+ (investment grade)
- Interest coverage 5.5×
Rated limits by facility
Timeline
From the report
The firm has cash and liquid investments of ~Rs. 92.9 crore as on March 31, 2026.
From the report
Liquidity: Adequate The liquidity of the company remains adequate as reflected by moderate booking status, satisfactory cash & bank balance of around Rs. 6.28 crore as on March 15, 2022.
From the report
Liquidity: Adequate The liquidity of the company remains adequate as reflected by moderate booking status, satisfactory cash & bank balance of around Rs. 6.28 crore as on March 15, 2022.
From the report
Hence, the firm has sufficient liquidity support in the form of customer advancesas against repayment obligation of Rs 150 crore, which is expected to repay in four equal quarterly instalmentscommencing from Q1FY27.
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
Principal business activities and related-party transactions are read from MGT-7 and AOC-4 filings.
Filings
No filings on record yet.