Aakash Exploration Services Ltd
Incorporated in 2007, Aakash Exploration Services Limited provides services to Oil and Gas Field[1]
- Market Cap ₹ 85.0 Cr.
- Current Price ₹ 8.39
- High / Low ₹ 13.4 / 7.21
- Stock P/E 16.7
- 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: | -18% |
| 3 Years: | 13% |
| 1 Year: | -12% |
| 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 / 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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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.
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Trading Window
- Trading window closes from October 1, 2026 until 48 hours after Q2 FY26 results.
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Disclosure under SEBI Takeover Regulations
- Vihan Vipul Haria to receive 72,77,950 shares (7.19%) from promoter Navinchandra Haria as gift.
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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
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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