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 ₹ 1,058 Cr.
- Current Price ₹ 271
- High / Low ₹ 344 / 89.9
- Stock P/E 196
- Book Value ₹ 58.9
- Dividend Yield 0.00 %
- ROCE -15.3 %
- ROE -17.4 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
Cons
- Stock is trading at 4.61 times its book value
- Promoter holding has decreased over last quarter: -1.69%
- The company has delivered a poor sales growth of -13.1% over past five years.
- Company has a low return on equity of 5.42% over last 3 years.
- Earnings include an other income of Rs.8.03 Cr.
- Company has high debtors of 354 days.
- Company's cost of borrowing seems high
- Working capital days have increased from 125 days to 208 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
41 | 50 | 122 | 141 | 78 | 124 | 222 | 194 | 273 | 229 | 260 | 110 | 215 | |
48 | 54 | 124 | 146 | 101 | 140 | 182 | 161 | 207 | 173 | 194 | 129 | 201 | |
Operating Profit | -6 | -4 | -2 | -6 | -24 | -16 | 41 | 33 | 67 | 55 | 66 | -19 | 14 |
OPM % | -15% | -9% | -2% | -4% | -30% | -13% | 18% | 17% | 24% | 24% | 25% | -17% | 7% |
4 | 6 | 2 | 6 | 27 | 21 | -7 | 1 | -3 | -7 | 3 | -1 | 8 | |
Interest | 2 | 3 | 9 | 9 | 11 | 8 | 6 | 6 | 3 | 1 | 1 | 2 | 2 |
Depreciation | 9 | 9 | 14 | 18 | 18 | 15 | 17 | 19 | 20 | 23 | 28 | 22 | 17 |
Profit before tax | -13 | -10 | -23 | -27 | -25 | -18 | 10 | 9 | 41 | 25 | 41 | -45 | 3 |
Tax % | 32% | 1% | -0% | -0% | -7% | -1% | 2% | 1% | 28% | 8% | 5% | 0% | |
-9 | -10 | -23 | -27 | -27 | -18 | 10 | 9 | 29 | 23 | 39 | -44 | 5 | |
EPS in Rs | -5.90 | -6.71 | -10.50 | -12.10 | -12.12 | -6.98 | 2.71 | 2.39 | 7.68 | 5.93 | 10.19 | -11.65 | 1.31 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | -13% |
3 Years: | -26% |
TTM: | 50% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 124% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 33% |
3 Years: | 43% |
1 Year: | 158% |
Return on Equity | |
---|---|
10 Years: | -1% |
5 Years: | 8% |
3 Years: | 5% |
Last Year: | -17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 15 | 15 | 22 | 22 | 22 | 26 | 38 | 38 | 38 | 38 | 38 | 38 | 39 |
Reserves | 67 | 57 | 43 | 15 | -12 | 8 | 102 | 114 | 144 | 166 | 204 | 162 | 191 |
20 | 27 | 47 | 70 | 110 | 83 | 28 | 10 | 0 | 4 | 8 | 21 | 7 | |
12 | 21 | 61 | 43 | 50 | 93 | 84 | 56 | 126 | 140 | 88 | 76 | 58 | |
Total Liabilities | 114 | 120 | 173 | 150 | 171 | 209 | 252 | 218 | 308 | 348 | 338 | 297 | 295 |
39 | 38 | 117 | 106 | 95 | 83 | 100 | 87 | 90 | 132 | 112 | 96 | 106 | |
CWIP | 0 | 4 | 8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 11 | 6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 20 | 27 |
64 | 72 | 48 | 44 | 75 | 126 | 152 | 132 | 218 | 216 | 220 | 181 | 162 | |
Total Assets | 114 | 120 | 173 | 150 | 171 | 209 | 252 | 218 | 308 | 348 | 338 | 297 | 295 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-6 | -11 | 15 | -8 | -1 | -18 | 27 | 27 | 89 | -7 | 48 | -3 | |
-13 | -3 | -45 | -12 | -2 | -4 | -29 | -19 | -11 | -33 | -49 | -18 | |
10 | 5 | 30 | 18 | 9 | 42 | -17 | -15 | -17 | 1 | 6 | 10 | |
Net Cash Flow | -9 | -9 | -0 | -2 | 5 | 20 | -19 | -7 | 61 | -39 | 5 | -11 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 164 | 112 | 33 | 49 | 202 | 81 | 101 | 112 | 118 | 199 | 156 | 354 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 164 | 112 | 33 | 49 | 202 | 81 | 101 | 112 | 118 | 199 | 156 | 354 |
Working Capital Days | 182 | 219 | 33 | -31 | -208 | 20 | 34 | 58 | -21 | 64 | 103 | 208 |
ROCE % | -10% | -7% | -12% | -16% | -11% | -23% | 19% | 10% | 29% | 19% | 18% | -15% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 19 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 15 Mar
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
14 Mar - Press Release titled "Asian Energy Services Ltd secures Letter of Intent from Hardy Exploration & Production (India) Inc."
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
9 Mar - Press Release titled "Strategic and Long-Term Direction".
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
9 Mar - Press Release titled "Strategic and Long-Term Direction".
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Concalls
-
Jan 2024TranscriptNotesPPT
-
Aug 2022Transcript PPT
-
May 2022TranscriptNotesPPT
-
Feb 2022TranscriptNotesPPT
-
Jun 2021TranscriptNotesPPT
-
Jul 2020TranscriptNotesPPT
-
Mar 2020Transcript PPT
-
Dec 2019TranscriptNotesPPT
-
Nov 2019TranscriptNotesPPT
-
Oct 2019TranscriptPPT
-
Aug 2019TranscriptNotesPPT
-
Jul 2019TranscriptNotesPPT
Business Areas
1. Seismic Services - The co. is a leading service provider of 2D and 3D Seismic services with extensive industry experience of over 25 years.