Aakash Exploration Services Ltd
Incorporated in 2007, Aakash Exploration Services Limited provides services to Oil and Gas Field[1]
- Market Cap ₹ 87.1 Cr.
- Current Price ₹ 8.60
- High / Low ₹ 13.8 / 7.06
- Stock P/E 45.8
- Book Value ₹ 6.04
- Dividend Yield 0.00 %
- ROCE 4.60 %
- ROE 2.29 %
- Face Value ₹ 1.00
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 7.79% over past five years.
- Company has a low return on equity of 7.37% over last 3 years.
- Company might be capitalizing the interest cost
* 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
Energy Oil, Gas & Consumable Fuels Oil Offshore Support Solution Drilling
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12 | 23 | 25 | 34 | 41 | 52 | 67 | 60 | 77 | 93 | 92 | 98 | 106 | |
| 11 | 19 | 21 | 27 | 33 | 44 | 52 | 47 | 62 | 79 | 75 | 88 | 93 | |
| Operating Profit | 1 | 4 | 4 | 7 | 8 | 8 | 15 | 13 | 15 | 13 | 17 | 10 | 12 |
| OPM % | 10% | 18% | 17% | 20% | 19% | 15% | 23% | 21% | 20% | 14% | 19% | 10% | 12% |
| 0 | 0 | 1 | 0 | 0 | 2 | 0 | 1 | 1 | 1 | 1 | 2 | 1 | |
| Interest | 0 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 2 | 2 | 2 | 2 |
| Depreciation | 1 | 2 | 3 | 4 | 3 | 4 | 6 | 6 | 6 | 7 | 8 | 7 | 9 |
| Profit before tax | 0 | 2 | 1 | 2 | 3 | 5 | 7 | 6 | 8 | 6 | 8 | 3 | 3 |
| Tax % | 34% | 33% | 37% | 34% | 28% | 31% | 28% | 25% | 25% | 26% | 26% | 28% | |
| 0 | 1 | 0 | 1 | 2 | 3 | 5 | 4 | 6 | 5 | 6 | 2 | 2 | |
| EPS in Rs | 0.09 | 0.34 | 0.06 | 0.15 | 0.31 | 0.33 | 0.48 | 0.41 | 0.60 | 0.45 | 0.61 | 0.18 | 0.19 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 8% |
| 3 Years: | 9% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | -23% |
| 3 Years: | -39% |
| TTM: | -63% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -7% |
| 3 Years: | 7% |
| 1 Year: | -1% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 9% |
| 3 Years: | 7% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 5 | 5 | 5 | 7 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 3 | 5 | 11 | 12 | 14 | 26 | 27 | 31 | 38 | 42 | 48 | 50 | 51 |
| 1 | 13 | 13 | 15 | 20 | 27 | 24 | 18 | 16 | 24 | 26 | 23 | 26 | |
| 2 | 6 | 2 | 2 | 5 | 3 | 6 | 6 | 7 | 7 | 10 | 13 | 19 | |
| Total Liabilities | 7 | 25 | 31 | 34 | 45 | 63 | 67 | 66 | 71 | 83 | 94 | 96 | 107 |
| 3 | 13 | 17 | 19 | 18 | 39 | 45 | 42 | 46 | 63 | 59 | 61 | 69 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 7 | 3 | 0 |
| 4 | 13 | 14 | 15 | 27 | 24 | 22 | 21 | 25 | 20 | 28 | 32 | 37 | |
| Total Assets | 7 | 25 | 31 | 34 | 45 | 63 | 67 | 66 | 71 | 83 | 94 | 96 | 107 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 5 | -0 | 14 | 18 | 14 | 10 | 18 | 10 | 8 | |||
| 0 | -6 | -2 | -15 | -12 | -6 | -7 | -24 | -10 | -4 | |||
| 0 | -1 | 0 | 0 | -6 | -7 | -3 | 6 | -0 | -4 | |||
| Net Cash Flow | 0 | -1 | -2 | -0 | -0 | 1 | -1 | 1 | -0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 55 | 140 | 95 | 96 | 167 | 130 | 94 | 91 | 101 | 61 | 97 | 80 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 55 | 140 | 95 | 96 | 167 | 130 | 94 | 91 | 101 | 61 | 97 | 80 |
| Working Capital Days | 25 | -47 | 9 | 24 | 122 | 84 | 17 | 5 | 21 | -32 | -8 | -24 |
| ROCE % | 7% | 7% | 10% | 13% | 12% | 16% | 12% | 15% | 11% | 13% | 5% |
Documents
Announcements
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Copy of Newspaper Publication
13 February 2026 - Unaudited Q3/Dec31/2025: Vivanza consolidated revenue Rs45.33cr, Q3 PAT Rs0.20cr; 9M revenue Rs109.65cr.
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Outcome of Board Meeting
12 February 2026 - Board approved unaudited Q3 and nine-month results for period ended 31-Dec-2025; board met 12-Feb-2026.
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Outcome of Board Meeting
12 February 2026 - Board approved unaudited Q3 and nine-month results ended Dec 31, 2025; limited review concluded Feb 12, 2026.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
6 January 2026 - RTA certificate (03-Jan-2026) confirming no physical share certificates received for demat, quarter ended 31-Dec-2025.
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Trading Window
27 December 2025 - Trading window closed from Jan 1, 2026 until 48 hours after results for quarter/9M ended Dec 31, 2025.
Business Overview:[1][2]
AESL is an ISO 9001 14001 and OHSAS 18001 certified company which provides Oil and Gas Field Exploration Services. Company provides oilfield services at the production stage, when the survey of land and drilling processes are completed. For smooth and efficient production, AESL used various equipment such as Air Compressor, Coil Tubing Unit, Work Over Rig, SRP Unit, etc. Once the oil is produced it is transferred to refineries and further processed