Aakash Exploration Services Ltd
Incorporated in 2007, Aakash Exploration Services Limited provides services to Oil and Gas Field[1]
- Market Cap ₹ 85.6 Cr.
- Current Price ₹ 8.45
- High / Low ₹ 13.4 / 7.21
- Stock P/E 24.6
- Book Value ₹ 6.31
- Dividend Yield 0.00 %
- ROCE 7.63 %
- ROE 5.46 %
- Face Value ₹ 1.00
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 5.98% 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23 | 25 | 34 | 41 | 52 | 67 | 60 | 77 | 93 | 92 | 98 | 112 | 116 | |
| 19 | 21 | 27 | 33 | 44 | 52 | 47 | 62 | 79 | 75 | 88 | 97 | 102 | |
| Operating Profit | 4 | 4 | 7 | 8 | 8 | 15 | 13 | 15 | 13 | 17 | 10 | 15 | 14 |
| OPM % | 18% | 17% | 20% | 19% | 15% | 23% | 21% | 20% | 14% | 19% | 10% | 13% | 12% |
| 0 | 1 | 0 | 0 | 2 | 0 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | |
| Interest | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 2 | 3 | 4 | 3 | 4 | 6 | 6 | 6 | 7 | 8 | 7 | 10 | 10 |
| Profit before tax | 2 | 1 | 2 | 3 | 5 | 7 | 6 | 8 | 6 | 8 | 3 | 5 | 5 |
| Tax % | 33% | 37% | 34% | 28% | 31% | 28% | 25% | 25% | 26% | 26% | 28% | 28% | |
| 1 | 0 | 1 | 2 | 3 | 5 | 4 | 6 | 5 | 6 | 2 | 4 | 3 | |
| EPS in Rs | 0.34 | 0.06 | 0.15 | 0.31 | 0.33 | 0.48 | 0.41 | 0.60 | 0.45 | 0.61 | 0.18 | 0.35 | 0.35 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 13% |
| 3 Years: | 7% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | -4% |
| 3 Years: | -10% |
| TTM: | 192% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -18% |
| 3 Years: | 13% |
| 1 Year: | -12% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 8% |
| 3 Years: | 6% |
| Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 5 | 5 | 5 | 7 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 5 | 11 | 12 | 14 | 26 | 27 | 31 | 38 | 42 | 48 | 50 | 54 |
| 13 | 13 | 15 | 20 | 27 | 24 | 18 | 16 | 24 | 26 | 23 | 27 | |
| 6 | 2 | 2 | 5 | 3 | 6 | 6 | 7 | 7 | 10 | 13 | 16 | |
| Total Liabilities | 25 | 31 | 34 | 45 | 63 | 67 | 66 | 71 | 83 | 94 | 96 | 106 |
| 13 | 17 | 19 | 18 | 39 | 45 | 42 | 46 | 63 | 59 | 61 | 71 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 7 | 3 | 0 |
| 13 | 14 | 15 | 27 | 24 | 22 | 21 | 25 | 20 | 28 | 32 | 35 | |
| Total Assets | 25 | 31 | 34 | 45 | 63 | 67 | 66 | 71 | 83 | 94 | 96 | 106 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 | -0 | 14 | 18 | 14 | 10 | 18 | 10 | 8 | 14 | |||
| -6 | -2 | -15 | -12 | -6 | -7 | -24 | -10 | -4 | -16 | |||
| -1 | 0 | 0 | -6 | -7 | -3 | 6 | -0 | -4 | 1 | |||
| Net Cash Flow | -1 | -2 | -0 | -0 | 1 | -1 | 1 | -0 | -0 | -0 | ||
| Free Cash Flow | -1 | -2 | -11 | 6 | 11 | -1 | -6 | 7 | -1 | -5 | ||
| CFO/OP | 92% | -1% | 184% | 127% | 121% | 71% | 155% | 61% | 101% | 97% |
Ratios
Standalone / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 140 | 95 | 96 | 167 | 130 | 94 | 91 | 101 | 61 | 97 | 80 | 80 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 140 | 95 | 96 | 167 | 130 | 94 | 91 | 101 | 61 | 97 | 80 | 80 |
| Working Capital Days | -47 | 9 | 24 | 122 | 84 | 17 | 5 | 21 | -32 | -8 | -24 | -19 |
| ROCE % | 7% | 10% | 13% | 12% | 16% | 12% | 15% | 11% | 13% | 5% | 8% |
Insights
In beta| Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Number of Mobile Pumping Units (MPUs) units |
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| Number of Mobile Steaming Units (MSUs) units |
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| Number of Workover Rigs units |
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| Number of Sucker Rod Pumping (SRP) Units units |
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| Revenue Mix - Rigs as % of Total Operating Income % |
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| Asset Utilization - Other Equipment % |
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| Asset Utilization - Rigs % |
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| Customer Concentration - ONGC % |
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| Order Book Value ₹ crore |
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Extracted by Screener AI
Documents
Announcements
-
Shareholders meeting
- Submitted 20th AGM voting results and scrutinizer report; all four resolutions passed on 29 September 2026.
-
Shareholders meeting
- Aakash Exploration held its 20th AGM on September 29, 2026, transacted ordinary and director appointment resolutions.
-
Trading Window
- Trading window closes from October 1, 2026 until 48 hours after Q2 FY26 results.
-
Disclosure under SEBI Takeover Regulations
- Vihan Vipul Haria to receive 72,77,950 shares (7.19%) from promoter Navinchandra Haria as gift.
-
Disclosure under SEBI Takeover Regulations
- Navinchandra Haria acquires 72,77,950 shares from Pravin Haria via gift; promoter control unchanged.
Annual reports
-
Annual Report 2026
from nse
-
Annual Report 2025
from nse
-
Annual Report 2024
from nse
-
Annual Report 2023
from nse
-
Annual Report 2022
from nse
-
Annual Report 2021
from nse
Business Overview:[1][2]
AESL is an ISO 9001 14001 and OHSAS 18001-certified company that provides Oil and Gas Field Exploration Services. The company provides oilfield services at the production stage, when the survey of land and drilling processes are completed. For smooth and efficient production, AESL uses various equipment such as air compressors, Coil Tubing Unit, Work Over Rig, SRP Unit, etc. Once the oil is produced, it is transferred to refineries and further processed