Asian Energy Services Ltd
Asian Energy Services Ltd is an oilfield service and reservoir imaging company, offering a suite of geophysical services specializing in land and well seismic services and operation and maintenance services for oilfields.[1]
It is one of the few companies providing end-to-end services in the upstream oil segment.[2]
- Market Cap ₹ 415 Cr.
- Current Price ₹ 108
- High / Low ₹ 116 / 51.5
- Stock P/E
- Book Value ₹ 52.0
- Dividend Yield 0.00 %
- ROCE -15.3 %
- ROE -17.4 %
- Face Value ₹ 10.0
Pros
- Promoter holding has increased by 1.84% over last quarter.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -13.1% over past five years.
- Company has a low return on equity of 5.41% over last 3 years.
- Company has high debtors of 354 days.
- Working capital days have increased from 140 days to 251 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
Sector: Crude Oil & Natural Gas Industry: Oil Drilling / Allied Services
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
41 | 50 | 122 | 141 | 78 | 124 | 222 | 194 | 273 | 229 | 260 | 110 | |
48 | 54 | 124 | 146 | 101 | 140 | 182 | 161 | 207 | 173 | 194 | 129 | |
Operating Profit | -6 | -4 | -2 | -6 | -24 | -16 | 41 | 33 | 67 | 55 | 66 | -19 |
OPM % | -15% | -9% | -2% | -4% | -30% | -13% | 18% | 17% | 24% | 24% | 25% | -17% |
4 | 6 | 2 | 6 | 27 | 21 | -7 | 1 | -3 | -7 | 3 | -1 | |
Interest | 2 | 3 | 9 | 9 | 11 | 8 | 6 | 6 | 3 | 1 | 1 | 2 |
Depreciation | 9 | 9 | 14 | 18 | 18 | 15 | 17 | 19 | 20 | 23 | 28 | 22 |
Profit before tax | -13 | -10 | -23 | -27 | -25 | -18 | 10 | 9 | 41 | 25 | 41 | -45 |
Tax % | 32% | 1% | -0% | -0% | -7% | -1% | 2% | 1% | 28% | 8% | 5% | 0% |
Net Profit | -9 | -10 | -23 | -27 | -27 | -18 | 10 | 9 | 29 | 23 | 39 | -44 |
EPS in Rs | -5.90 | -6.71 | -10.50 | -12.10 | -12.12 | -6.98 | 2.71 | 2.39 | 7.68 | 5.93 | 10.11 | -11.57 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | -13% |
3 Years: | -26% |
TTM: | -58% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -199% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | -1% |
3 Years: | 9% |
1 Year: | 17% |
Return on Equity | |
---|---|
10 Years: | -1% |
5 Years: | 8% |
3 Years: | 5% |
Last Year: | -17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
15 | 15 | 22 | 22 | 22 | 26 | 38 | 38 | 38 | 38 | 38 | 38 | |
Reserves | 67 | 57 | 43 | 15 | -12 | 8 | 102 | 114 | 144 | 166 | 204 | 162 |
20 | 27 | 47 | 70 | 110 | 83 | 28 | 10 | 0 | 4 | 8 | 21 | |
12 | 21 | 61 | 43 | 50 | 93 | 84 | 56 | 126 | 140 | 88 | 76 | |
Total Liabilities | 114 | 120 | 173 | 150 | 171 | 209 | 252 | 218 | 308 | 348 | 338 | 297 |
39 | 38 | 117 | 106 | 95 | 83 | 100 | 87 | 90 | 132 | 112 | 96 | |
CWIP | 0 | 4 | 8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 11 | 6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 20 |
64 | 72 | 48 | 44 | 75 | 126 | 152 | 132 | 218 | 216 | 220 | 181 | |
Total Assets | 114 | 120 | 173 | 150 | 171 | 209 | 252 | 218 | 308 | 348 | 338 | 297 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-6 | -11 | 15 | -8 | -1 | -18 | 27 | 27 | 89 | -7 | 48 | -3 | |
-13 | -3 | -45 | -12 | -2 | -4 | -29 | -19 | -11 | -33 | -49 | -19 | |
10 | 5 | 30 | 18 | 9 | 42 | -17 | -15 | -17 | 1 | 6 | 10 | |
Net Cash Flow | -9 | -9 | -0 | -2 | 5 | 20 | -19 | -7 | 61 | -39 | 5 | -12 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 164 | 112 | 33 | 49 | 202 | 81 | 101 | 112 | 118 | 199 | 156 | 354 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 164 | 112 | 33 | 49 | 202 | 81 | 101 | 112 | 118 | 199 | 156 | 354 |
Working Capital Days | 182 | 219 | 33 | -31 | -208 | 20 | 34 | 58 | -21 | 64 | 105 | 251 |
ROCE % | -10% | -7% | -12% | -16% | -11% | -23% | 19% | 10% | 29% | 19% | 18% | -15% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 31 May
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 29 May
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Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Secretarial Compliance Report for the Financial Year ended March 31, 2023
- Announcement under Regulation 30 (LODR)-Newspaper Publication 26 May
- Audited Financial Results (Standalone & Consolidated) For The FY 2022-23 25 May
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Aug 2022Transcript PPT
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May 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Jun 2021TranscriptNotesPPT
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Jul 2020TranscriptNotesPPT
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Mar 2020Transcript PPT
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Dec 2019TranscriptNotesPPT
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Nov 2019Transcript PPT
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Aug 2019TranscriptNotesPPT
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Jul 2019TranscriptNotesPPT
Business Areas
1. Seismic Services - The co. is a leading service provider of 2D and 3D Seismic services with extensive industry experience of over 25 years.