Aakash Exploration Services Ltd
Incorporated in 2007, Aakash Exploration Services Limited provides services to Oil and Gas Field[1]
- Market Cap ₹ 104 Cr.
- Current Price ₹ 10.3
- High / Low ₹ 14.8 / 7.06
- Stock P/E 20.6
- Book Value ₹ 5.91
- Dividend Yield 0.00 %
- ROCE 12.6 %
- ROE 11.2 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is expected to give good quarter
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: | 29% |
3 Years: | -11% |
1 Year: | -28% |
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 | 19 | 40 |
ROCE % | 13% |
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
9 July 2025 - Certificate confirming no physical share certificates received for dematerialization in Q2 2025.
-
Disclosure under SEBI Takeover Regulations
1 July 2025 - Promoters hold 66.54% shares with no encumbrance as of March 31, 2025.
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Trading Window-XBRL
25 June 2025 - AAKASH EXPLORATION SERVICES LIMITED has informed about Closure of Trading Window
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Trading Window
25 June 2025 - Trading window closed from July 1, 2025, till 48 hours after June quarter results announcement.
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Awarding of order(s)/contract(s)
23 June 2025 - Received ₹33.70 Cr 2-year service contract from Oil India for steam stimulation in Rajasthan.
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