Aakash Exploration Services Ltd
Incorporated in 2007, Aakash Exploration Services Limited provides services to Oil and Gas Field[1]
- Market Cap ₹ 101 Cr.
- Current Price ₹ 10.0
- High / Low ₹ 13.8 / 7.06
- Stock P/E 19.9
- 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: | 12% |
3 Years: | -15% |
1 Year: | -21% |
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 |
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% |
Documents
Announcements
-
Copy of Newspaper Publication
29 August 2025 - Aakash Exploration Services: newspaper notice of 19th AGM and e-voting published 29 Aug 2025.
-
Shareholders meeting
28 August 2025 - AGM 22 Sep 2025: re-appoint two whole-time directors from 8 Feb 2026 at up to INR 6,00,000/month; appoint secretarial auditor.
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Outcome of Board Meeting
26 August 2025 - Board reappointed Hemang and Krunal Haria as WTDs from 8 Feb 2026 for three years; AGM on 22 Sep 2025.
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Awarding of order(s)/contract(s)
13 August 2025 - Received 5-year ₹50 Cr contract from ONGC for 50 MT Workover Rig services.
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Copy of Newspaper Publication
31 July 2025 - Submission of newspaper clippings with QR code for Q1 FY2026 unaudited financial results.
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