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 ₹ 1,701 Cr.
- Current Price ₹ 380
- High / Low ₹ 444 / 230
- Stock P/E 42.4
- Book Value ₹ 73.2
- Dividend Yield 0.00 %
- ROCE 12.5 %
- ROE 11.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Debtor days have improved from 224 to 163 days.
- Promoter holding has increased by 2.45% over last quarter.
Cons
- Stock is trading at 5.19 times its book value
- The company has delivered a poor sales growth of 9.49% over past five years.
- Company has a low return on equity of 4.05% over last 3 years.
- Company has high debtors of 163 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 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
50 | 122 | 141 | 78 | 124 | 222 | 194 | 273 | 229 | 260 | 110 | 305 | 371 | |
54 | 124 | 146 | 101 | 140 | 182 | 161 | 207 | 173 | 194 | 129 | 263 | 310 | |
Operating Profit | -4 | -2 | -6 | -24 | -16 | 41 | 33 | 67 | 55 | 66 | -19 | 42 | 61 |
OPM % | -9% | -2% | -4% | -30% | -13% | 18% | 17% | 24% | 24% | 25% | -17% | 14% | 16% |
6 | 2 | 6 | 27 | 21 | -7 | 1 | -3 | -7 | 3 | -1 | 6 | 5 | |
Interest | 3 | 9 | 9 | 11 | 8 | 6 | 6 | 3 | 1 | 1 | 2 | 2 | 3 |
Depreciation | 9 | 14 | 18 | 18 | 15 | 17 | 19 | 20 | 23 | 28 | 22 | 17 | 17 |
Profit before tax | -10 | -23 | -27 | -25 | -18 | 10 | 9 | 41 | 25 | 41 | -45 | 29 | 46 |
Tax % | -1% | 0% | 0% | 7% | 1% | 2% | 1% | 28% | 8% | 5% | -0% | 11% | |
-10 | -23 | -27 | -27 | -18 | 10 | 9 | 29 | 23 | 39 | -44 | 26 | 39 | |
EPS in Rs | -6.71 | -10.50 | -12.10 | -12.12 | -6.98 | 2.71 | 2.39 | 7.68 | 5.93 | 10.19 | -11.65 | 6.22 | 9.43 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 9% |
3 Years: | 10% |
TTM: | 149% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 19% |
3 Years: | -7% |
TTM: | 312% |
Stock Price CAGR | |
---|---|
10 Years: | 26% |
5 Years: | 30% |
3 Years: | 40% |
1 Year: | 48% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 9% |
3 Years: | 4% |
Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 15 | 22 | 22 | 22 | 26 | 38 | 38 | 38 | 38 | 38 | 38 | 41 | 45 |
Reserves | 57 | 43 | 15 | -12 | 56 | 102 | 114 | 144 | 166 | 204 | 162 | 237 | 283 |
27 | 47 | 70 | 110 | 83 | 28 | 10 | 0 | 4 | 8 | 21 | 22 | 12 | |
21 | 61 | 43 | 50 | 45 | 84 | 56 | 126 | 140 | 88 | 76 | 84 | 98 | |
Total Liabilities | 120 | 173 | 150 | 171 | 209 | 252 | 218 | 308 | 348 | 338 | 297 | 384 | 438 |
38 | 117 | 106 | 95 | 83 | 100 | 87 | 90 | 132 | 112 | 96 | 112 | 106 | |
CWIP | 4 | 8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 |
Investments | 6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 20 | 12 | 32 |
72 | 48 | 44 | 75 | 126 | 152 | 132 | 218 | 216 | 220 | 181 | 259 | 299 | |
Total Assets | 120 | 173 | 150 | 171 | 209 | 252 | 218 | 308 | 348 | 338 | 297 | 384 | 438 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-11 | 15 | -8 | -1 | -18 | 27 | 27 | 89 | -7 | 48 | -3 | -50 | |
-3 | -45 | -12 | -2 | -4 | -29 | -19 | -11 | -33 | -49 | -18 | -9 | |
5 | 30 | 18 | 9 | 42 | -17 | -15 | -17 | 1 | 6 | 10 | 50 | |
Net Cash Flow | -9 | -0 | -2 | 5 | 20 | -19 | -7 | 61 | -39 | 5 | -11 | -9 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 112 | 33 | 49 | 202 | 81 | 101 | 112 | 118 | 199 | 156 | 354 | 163 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 112 | 33 | 49 | 202 | 81 | 101 | 112 | 118 | 199 | 156 | 354 | 163 |
Working Capital Days | 219 | 33 | -31 | -208 | 20 | 34 | 58 | -21 | 64 | 103 | 204 | 119 |
ROCE % | -7% | -12% | -16% | -11% | -19% | 16% | 10% | 29% | 19% | 18% | -15% | 13% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
6 Dec - Disclosure of postal ballot notice and e-voting information.
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
5 Dec - Postal ballot notice for related party transactions approval.
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Additional Details Required For Corporate Announcement Filed Under Regulation 30 Of SEBI (LODR) Regulations, 2015.
5 Dec - Resignation of COO Mr. Gaurav Srivastava effective 13th July 2024.
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Revised Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Resignation Of Mr. Gaurav Srivastava.
3 Dec - Resignation of COO Mr. Gaurav Srivastava effective July 13, 2024.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 26 Nov
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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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
from bse
Concalls
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Nov 2024Transcript PPT
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Aug 2024TranscriptNotesPPT
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Jun 2024TranscriptNotesPPT
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Jan 2024TranscriptNotesPPT
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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 2019TranscriptNotesPPT
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Oct 2019TranscriptPPT
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Aug 2019TranscriptNotesPPT
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Jul 2019TranscriptNotesPPT
Holding Company
Oilmax Energy is the holding company with a ~58% stake as of Jun 24. It is an Integrated Oil & Gas company with a balanced portfolio ranging the upstream value chain from Exploration and Production to O&M and hydrocarbon marketing. It has 4 oilfields, 3 in Assam and 1 in Gujarat. [1] [2]