Fee-Based Business Drives Strategic Growth; AUM Crosses ₹3,210 Cr
Mumbai, 30-05-2025 – Abans Financial Services Limited (Formerly known as Abans Holdings Limited) announced its audited financial results for the year ended March 31, 2025, underscoring its sharp focus on building a fee-led, globally integrated financial services platform. The company delivered strong performance across key metrics, driven by its asset management and agency businesses.
Strategic Shift Toward Scalable Fee Income
AFSL’s results reflect a business evolving in the right direction—with sustainability at the core. The agency business, comprising fund advisory, portfolio services, and brokerage, has become the backbone of AFSL’s profitability engine. In FY25, this segment contributed nearly 70% of total EBIT, continuing its steady climb from 25.1% in FY23.
“This upward trend in fee income reflects our intent to build a business that is not just growing—but growing right,” said Mr. Nirbhay Vassa, Executive Director & Group CFO. “As the mix of revenue shifts toward more annuity-led income, the quality of earnings improves, making us more predictable, scalable, and globally relevant.”
Global Asset Management Growth
With total Assets Under Management at ₹3,210 Cr, AFSL is reinforcing its stature as a rising global asset manager. The flagship Global Arbitrage Fund (GAF) has become a cornerstone of this growth, now managing over ₹831 Cr. The fund continues to draw strong interest from international investors looking for consistent, risk-adjusted returns across asset classes and geographies.
Well-Positioned for FY26 and Beyond
AFSL enters FY26 with a clear ambition:
To scale as a global financial services platform, built on
✔️ fee-based income,
✔️ strategic distribution, and
✔️ world-class asset management practices.
Quote from Abhishek Bansal (Promoter and Chairman)
“At Abans, we’ve always believed that in the world of finance, trust is the only lasting currency. Everything else—capital, risk, opportunity—flows around it. FY25 has reaffirmed this belief. As we scaled up operations, attracted new capital, and grew our global investor base, what stood out most was the trust placed in us—by partners, clients, and teams across geographies.
This was a year of transformation. We crossed ₹3,200 Cr in assets under management, witnessed a structural shift in our earnings mix—with nearly 70% of our EBIT now driven by fee-based income, and mobilized over ₹1,000 Cr through our distribution networks. These are not just numbers—they represent a business model that is becoming more stable, predictable, and globally respected.
But what gives me greater confidence is how we’ve achieved this growth—without over-leveraging, without compromising our risk framework, and without deviating from our long-term strategy. We have stayed true to our core: building a financial services platform that is capital-light, globally scalable, and rooted in governance.
FY25 was about proving the strength of our foundation. FY26 will be about building on it—with conviction, with discipline, and most importantly, with trust at the centre of everything we do.”
