Asian Energy Services Ltd
Asian Energy Services Ltd is an oilfield service and reservoir imaging company, offering a suite of geophysical services specializing in land and well seismic services and operation and maintenance services for oilfields.[1]
It is one of the few companies providing end-to-end services in the upstream oil segment.[2]
- Market Cap ₹ 1,420 Cr.
- Current Price ₹ 317
- High / Low ₹ 444 / 215
- Stock P/E 34.6
- Book Value ₹ 88.6
- Dividend Yield 0.00 %
- ROCE 16.0 %
- ROE 12.2 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company's median sales growth is 80.6% of last 10 years
Cons
- Stock is trading at 3.45 times its book value
- Company has a low return on equity of 5.46% over last 3 years.
- Dividend payout has been low at 3.63% of profits over last 3 years
- Company has high debtors of 174 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Crude Oil & Natural Gas Industry: Oil Drilling / Allied Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
18 | 1 | 9 | 43 | 96 | 157 | 64 | 141 | 254 | 110 | 305 | 464 | |
36 | 13 | 29 | 43 | 100 | 146 | 46 | 108 | 185 | 121 | 262 | 396 | |
Operating Profit | -18 | -11 | -20 | 0 | -4 | 11 | 18 | 33 | 69 | -11 | 43 | 68 |
OPM % | -99% | -820% | -214% | 0% | -4% | 7% | 28% | 24% | 27% | -10% | 14% | 15% |
8 | 7 | 4 | 11 | -3 | 5 | 3 | 3 | 14 | 2 | 5 | 5 | |
Interest | 7 | 6 | 5 | 5 | 6 | 5 | 3 | 1 | 1 | 2 | 2 | 3 |
Depreciation | 8 | 6 | 6 | 5 | 7 | 9 | 13 | 14 | 17 | 18 | 14 | 15 |
Profit before tax | -25 | -17 | -28 | 1 | -21 | 2 | 5 | 22 | 65 | -29 | 32 | 55 |
Tax % | 0% | 0% | 7% | 20% | 0% | 0% | 0% | 0% | 3% | -1% | 10% | 25% |
-25 | -17 | -29 | 1 | -21 | 2 | 5 | 22 | 63 | -29 | 29 | 41 | |
EPS in Rs | -11.20 | -7.51 | -13.17 | 0.31 | -5.43 | 0.43 | 1.23 | 5.68 | 16.49 | -7.69 | 7.01 | 9.17 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | 79% |
5 Years: | 48% |
3 Years: | 22% |
TTM: | 52% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | 26% |
3 Years: | -13% |
TTM: | 43% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 34% |
3 Years: | 50% |
1 Year: | 4% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 12% |
3 Years: | 5% |
Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 22 | 22 | 22 | 26 | 38 | 38 | 38 | 38 | 38 | 38 | 41 | 45 |
Reserves | 42 | 24 | -5 | 81 | 96 | 99 | 101 | 123 | 184 | 156 | 236 | 352 |
43 | 23 | 27 | 52 | 17 | 10 | 0 | 11 | 17 | 27 | 25 | 31 | |
11 | 11 | 36 | 14 | 78 | 38 | 29 | 75 | 32 | 32 | 75 | 153 | |
Total Liabilities | 118 | 80 | 80 | 174 | 229 | 184 | 168 | 247 | 271 | 252 | 377 | 580 |
25 | 18 | 25 | 33 | 60 | 53 | 68 | 109 | 103 | 90 | 109 | 115 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 |
Investments | 0 | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 13 | 26 | 16 | 31 |
92 | 56 | 49 | 134 | 163 | 125 | 93 | 131 | 156 | 136 | 250 | 431 | |
Total Assets | 118 | 80 | 80 | 174 | 229 | 184 | 168 | 247 | 271 | 252 | 377 | 580 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1 | -4 | -13 | -29 | 8 | 0 | 5 | 17 | 56 | 3 | -50 | -33 | |
-29 | 27 | 17 | -73 | -16 | 6 | 16 | -16 | -39 | -19 | -8 | -33 | |
27 | -23 | 3 | 102 | 5 | -8 | -18 | 1 | 4 | 6 | 48 | 76 | |
Net Cash Flow | -3 | -0 | 7 | -1 | -4 | -2 | 3 | 2 | 22 | -10 | -9 | 9 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 246 | 1,668 | 390 | 190 | 192 | 97 | 128 | 153 | 74 | 218 | 154 | 174 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 246 | 1,668 | 390 | 190 | 192 | 97 | 128 | 153 | 74 | 218 | 154 | 174 |
Working Capital Days | 1,481 | 8,169 | -285 | 615 | 171 | 92 | 104 | 94 | 92 | 203 | 120 | 173 |
ROCE % | -18% | -12% | -37% | -1% | -3% | 5% | 11% | 20% | 32% | -11% | 13% | 16% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
19 May - Audio recording of Q4 and FY2025 earnings call uploaded on company website.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
17 May - Publication of Financial Results in Newspaper under regulation 47 of SEBI(LODR) Regulations, 2015
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Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015
16 May - Revised Insider Trading Code approved and published on company website on 16 May 2025.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
16 May - FY25 revenue up 52% to Rs 465 Cr; acquired Kuiper Group for $9.25M; strong order book Rs 973 Cr.
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Announcement under Regulation 30 (LODR)-Investor Presentation
16 May - Investor presentation in respect of financial results for the quarter and year ended March 31, 2025.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
from bse
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Financial Year 2018
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Concalls
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May 2025TranscriptNotesPPT
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Feb 2025TranscriptNotesPPT
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Nov 2024Transcript PPT
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Aug 2024TranscriptNotesPPT
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Jun 2024TranscriptNotesPPT
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Jan 2024TranscriptNotesPPT
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Aug 2022Transcript PPT
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May 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Jun 2021TranscriptNotesPPT
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Jul 2020TranscriptNotesPPT
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Mar 2020Transcript PPT
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Dec 2019TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Oct 2019TranscriptPPT
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Aug 2019TranscriptNotesPPT
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Jul 2019TranscriptNotesPPT
Holding Company
Oilmax Energy is the holding company with a ~58% stake as of Jun 24. It is an Integrated Oil & Gas company with a balanced portfolio ranging the upstream value chain from Exploration and Production to O&M and hydrocarbon marketing. It has 4 oilfields, 3 in Assam and 1 in Gujarat. [1] [2]