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 ₹ 9.96
- High / Low ₹ 17.2 / 8.25
- Stock P/E 19.8
- 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
- Company has a low return on equity of 11.2% over last 3 years.
- Promoter holding has decreased over last 3 years: -6.66%
* 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: Oil Drill/Allied Industry: Oil Drilling / Allied Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
17 | 12 | 23 | 25 | 34 | 41 | 52 | 67 | 60 | 77 | 93 | 92 | 103 | |
15 | 11 | 19 | 21 | 27 | 33 | 44 | 52 | 47 | 62 | 79 | 75 | 89 | |
Operating Profit | 2 | 1 | 4 | 4 | 7 | 8 | 8 | 15 | 13 | 15 | 13 | 17 | 15 |
OPM % | 13% | 10% | 18% | 17% | 20% | 19% | 15% | 23% | 21% | 20% | 14% | 19% | 14% |
0 | 0 | 0 | 1 | 0 | 0 | 2 | 0 | 1 | 1 | 1 | 1 | 2 | |
Interest | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 2 | 2 | 2 |
Depreciation | 1 | 1 | 2 | 3 | 4 | 3 | 4 | 6 | 6 | 6 | 7 | 8 | 7 |
Profit before tax | 1 | 0 | 2 | 1 | 2 | 3 | 5 | 7 | 6 | 8 | 6 | 8 | 7 |
Tax % | 27% | 34% | 33% | 37% | 34% | 28% | 31% | 28% | 25% | 25% | 26% | 26% | |
1 | 0 | 1 | 0 | 1 | 2 | 3 | 5 | 4 | 6 | 5 | 6 | 5 | |
EPS in Rs | 0.27 | 0.09 | 0.34 | 0.06 | 0.15 | 0.31 | 0.33 | 0.48 | 0.41 | 0.60 | 0.45 | 0.61 | 0.51 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 16% |
TTM: | 27% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 15% |
TTM: | 35% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | -27% |
1 Year: | 8% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 11% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2 | 2 | 2 | 5 | 5 | 5 | 7 | 10 | 10 | 10 | 10 | 10 | 10 |
Reserves | 3 | 3 | 5 | 11 | 12 | 14 | 26 | 27 | 31 | 38 | 42 | 48 | 50 |
3 | 1 | 13 | 13 | 15 | 20 | 27 | 24 | 18 | 16 | 24 | 26 | 14 | |
4 | 2 | 6 | 2 | 2 | 5 | 3 | 6 | 6 | 7 | 7 | 10 | 13 | |
Total Liabilities | 11 | 7 | 25 | 31 | 34 | 45 | 63 | 67 | 66 | 71 | 83 | 94 | 87 |
4 | 3 | 13 | 17 | 19 | 18 | 39 | 45 | 42 | 46 | 63 | 59 | 56 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 7 | 3 |
8 | 4 | 13 | 14 | 15 | 27 | 24 | 22 | 21 | 25 | 20 | 28 | 27 | |
Total Assets | 11 | 7 | 25 | 31 | 34 | 45 | 63 | 67 | 66 | 71 | 83 | 94 | 87 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 5 | -0 | 14 | 18 | 14 | 10 | 18 | 10 | |||
0 | 0 | -6 | -2 | -15 | -12 | -6 | -7 | -24 | -10 | |||
0 | 0 | -1 | 0 | 0 | -6 | -7 | -3 | 6 | -0 | |||
Net Cash Flow | 0 | 0 | -1 | -2 | -0 | -0 | 1 | -1 | 1 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 76 | 55 | 140 | 95 | 96 | 167 | 130 | 94 | 91 | 101 | 61 | 97 |
Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Days Payable | ||||||||||||
Cash Conversion Cycle | 76 | 55 | 140 | 95 | 96 | 167 | 130 | 94 | 91 | 101 | 61 | 97 |
Working Capital Days | 14 | 25 | 91 | 46 | 55 | 149 | 93 | 39 | 37 | 51 | 19 | 40 |
ROCE % | 7% | 7% | 10% | 13% | 12% | 16% | 12% | 15% | 11% | 13% |
Documents
Announcements
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Integrated Filing- Governance
30 January 2025 - Integrated Filing (Governance) for the quarter ended 31st December, 2024
-
Copy of Newspaper Publication
25 January 2025 - Aakash Exploration Services Limited has informed about Copy of Newspaper Publication - Publication of Unaudited Financial Result for the Quarter ended December 31, 2024
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Integrated Filing- Financial
24 January 2025 - Integrated Filing (Financial) for the quarter and nine months ended 31st December, 2024
-
Outcome of Board Meeting
24 January 2025 - Aakash Exploration Services Limited has informed regarding Board meeting held on January 24, 2025.
-
Financial Result Updates
24 January 2025 - Aakash Exploration Services Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
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