Aakash Exploration Services Ltd
Incorporated in 2007, Aakash Exploration Services Limited provides services to Oil and Gas Field[1]
- Market Cap ₹ 88.6 Cr.
- Current Price ₹ 8.75
- High / Low ₹ 13.4 / 7.21
- Stock P/E 17.4
- Book Value ₹ 5.91
- Dividend Yield 0.00 %
- ROCE 12.6 %
- ROE 11.2 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 78.9 to 97.1 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
Energy Oil, Gas & Consumable Fuels Oil Offshore Support Solution Drilling
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|
| 93 | 92 | 103 | |
| 79 | 75 | 89 | |
| Operating Profit | 13 | 17 | 15 |
| OPM % | 14% | 19% | 14% |
| 1 | 1 | 2 | |
| Interest | 2 | 2 | 2 |
| Depreciation | 7 | 8 | 7 |
| Profit before tax | 6 | 8 | 7 |
| Tax % | 26% | 26% | |
| 5 | 6 | 5 | |
| EPS in Rs | 0.45 | 0.61 | 0.51 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 35% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -21% |
| 3 Years: | 11% |
| 1 Year: | -14% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|
| Equity Capital | 10 | 10 | 10 |
| Reserves | 42 | 48 | 50 |
| 24 | 26 | 14 | |
| 7 | 10 | 13 | |
| Total Liabilities | 83 | 94 | 87 |
| 63 | 59 | 56 | |
| CWIP | 0 | 0 | 0 |
| Investments | 0 | 7 | 3 |
| 20 | 28 | 27 | |
| Total Assets | 83 | 94 | 87 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| 18 | 10 | |
| -24 | -10 | |
| 6 | -0 | |
| Net Cash Flow | 1 | -0 |
| Free Cash Flow | -6 | 7 |
| CFO/OP | 155% | 61% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| Debtor Days | 61 | 97 |
| Inventory Days | 0 | 0 |
| Days Payable | ||
| Cash Conversion Cycle | 61 | 97 |
| Working Capital Days | -32 | -8 |
| ROCE % | 13% |
Insights
In beta| Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Number of Mobile Pumping Units (MPUs) units ・Standalone data |
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| Number of Mobile Steaming Units (MSUs) units ・Standalone data |
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| Number of Workover Rigs units ・Standalone data |
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| Number of Sucker Rod Pumping (SRP) Units units ・Standalone data |
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| Revenue Mix - Rigs as % of Total Operating Income % ・Standalone data |
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| Asset Utilization - Other Equipment % ・Standalone data |
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| Asset Utilization - Rigs % ・Standalone data |
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| Customer Concentration - ONGC % ・Standalone data |
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| Order Book Value ₹ crore ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Copy of Newspaper Publication
- Newspaper ads published on 2 Sep 2026 for 20th AGM via VC/OAVM and e-voting.
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Shareholders meeting
- 20th AGM on 29 Sep 2026; reappoint MD Vipul Haria and appoint Vihan Haria as WTD.
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Copy of Newspaper Publication
- Published AGM notice on August 31, 2026 for 20th AGM through VC/OAVM.
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Outcome of Board Meeting
- Board reappointed Vipul Haria as MD for three years from December 14, 2026, subject to approval.
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Appointment
- Board reappointed Vipul Haria as Managing Director for three years from 14 December 2026, subject to member approval.
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