Aakash Exploration Services Ltd

Aakash Explor. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Aakash Exploration Services Ltd

₹ 16.3 4.95%
03 Jul - close price
aakashexploration.com NSE: AAKASH
About

Incorporated in 2007, Aakash Exploration Services Limited provides services to Oil and Gas Field[1]

Key Points

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

Website NSE
  • Market Cap ₹ 165 Cr.
  • Current Price ₹ 16.3
  • High / Low ₹ 16.3 / 5.70
  • Stock P/E 26.6
  • Book Value ₹ 5.78
  • Dividend Yield 0.00 %
  • ROCE 13.3 %
  • ROE 11.2 %
  • Face Value ₹ 1.00
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Pros

  • Company has reduced debt.

Cons

  • Stock is trading at 2.83 times its book value
  • 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%
  • Working capital days have increased from 45.9 days to 67.4 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: Oil Drill/Allied Industry: Oil Drilling / Allied Services

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
17.78 15.51 18.04 21.97 21.37 19.47 26.52 26.88 19.71 18.30 21.24 21.80 30.89
13.61 11.64 14.52 18.41 17.01 16.28 22.91 24.15 15.89 14.83 17.34 19.01 23.95
Operating Profit 4.17 3.87 3.52 3.56 4.36 3.19 3.61 2.73 3.82 3.47 3.90 2.79 6.94
OPM % 23.45% 24.95% 19.51% 16.20% 20.40% 16.38% 13.61% 10.16% 19.38% 18.96% 18.36% 12.80% 22.47%
0.30 0.09 0.16 0.12 0.14 0.29 0.23 0.81 0.15 0.06 0.10 0.05 0.39
Interest 0.23 0.45 0.30 0.33 0.28 0.38 0.39 0.43 0.48 0.35 0.48 0.35 0.60
Depreciation 1.54 1.43 1.58 1.64 1.61 1.48 1.72 1.82 2.00 1.80 1.84 1.95 1.96
Profit before tax 2.70 2.08 1.80 1.71 2.61 1.62 1.73 1.29 1.49 1.38 1.68 0.54 4.77
Tax % 23.33% 25.00% 25.00% 25.15% 26.82% 24.69% 25.43% 25.58% 28.86% 25.36% 25.60% 24.07% 26.42%
2.08 1.57 1.36 1.28 1.91 1.22 1.29 0.97 1.06 1.04 1.26 0.41 3.51
EPS in Rs 0.21 0.15 0.13 0.13 0.19 0.12 0.13 0.10 0.10 0.10 0.12 0.04 0.35
Raw PDF

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
17.01 11.80 23.05 24.91 33.58 40.96 51.67 67.48 59.77 76.88 92.58 92.23
14.81 10.63 18.99 20.62 26.97 33.29 43.85 52.15 47.00 61.55 79.16 75.11
Operating Profit 2.20 1.17 4.06 4.29 6.61 7.67 7.82 15.33 12.77 15.33 13.42 17.12
OPM % 12.93% 9.92% 17.61% 17.22% 19.68% 18.73% 15.13% 22.72% 21.37% 19.94% 14.50% 18.56%
0.32 0.22 0.40 0.73 0.22 0.27 2.17 0.23 0.57 0.51 1.41 0.59
Interest 0.14 0.07 0.79 0.95 1.30 1.37 1.23 2.57 1.86 1.37 1.68 1.78
Depreciation 1.26 0.94 2.15 3.36 3.87 3.32 3.93 6.25 5.93 6.26 7.02 7.55
Profit before tax 1.12 0.38 1.52 0.71 1.66 3.25 4.83 6.74 5.55 8.21 6.13 8.38
Tax % 26.79% 34.21% 32.89% 36.62% 34.34% 28.31% 31.26% 28.04% 25.41% 25.46% 26.10% 25.89%
0.81 0.26 1.01 0.44 1.09 2.34 3.31 4.84 4.14 6.12 4.54 6.21
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
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 12%
3 Years: 16%
TTM: 0%
Compounded Profit Growth
10 Years: %
5 Years: 13%
3 Years: 15%
TTM: 35%
Stock Price CAGR
10 Years: %
5 Years: 62%
3 Years: -7%
1 Year: 175%
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
Equity Capital 2.00 2.00 2.00 5.00 4.95 4.95 6.75 10.13 10.13 10.13 10.13 10.13
Reserves 2.87 3.13 4.78 10.92 12.03 14.36 25.95 27.22 31.36 37.62 42.18 48.40
2.81 0.54 13.14 13.26 14.52 20.41 27.03 23.67 18.17 16.05 24.18 18.11
3.52 1.72 5.57 2.13 2.32 4.86 3.35 5.66 6.03 7.05 6.85 17.12
Total Liabilities 11.20 7.39 25.49 31.31 33.82 44.58 63.08 66.68 65.69 70.85 83.34 93.76
3.69 3.00 12.51 17.05 19.21 17.92 38.81 44.68 41.95 46.02 63.04 59.03
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.06 0.00 0.00 7.01
7.51 4.39 12.98 14.26 14.61 26.66 24.27 22.00 20.68 24.83 20.30 27.72
Total Assets 11.20 7.39 25.49 31.31 33.82 44.58 63.08 66.68 65.69 70.85 83.34 93.76

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
0.00 0.00 5.38 -0.09 14.42 17.88 14.03 9.73 18.50 10.21
0.00 0.00 -5.91 -2.02 -14.75 -12.06 -5.94 -7.13 -24.03 -10.39
0.00 0.00 -0.59 0.00 0.00 -5.93 -7.36 -3.49 6.45 -0.25
Net Cash Flow 0.00 0.00 -1.13 -2.11 -0.32 -0.11 0.73 -0.89 0.92 -0.42

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 75.75 54.75 140.46 94.51 96.20 167.26 130.40 93.74 91.23 100.79 60.75 97.12
Inventory Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable
Cash Conversion Cycle 75.75 54.75 140.46 94.51 96.20 167.26 130.40 93.74 91.23 100.79 60.75 97.12
Working Capital Days 13.95 25.36 90.74 46.01 54.78 148.91 92.54 38.57 37.31 51.32 19.04 67.44
ROCE % 6.74% 6.76% 9.76% 12.97% 12.21% 16.02% 12.13% 15.41% 11.25%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
73.33% 73.33% 71.54% 69.25% 66.77% 66.67% 66.67% 66.67% 66.67% 66.67% 66.67% 66.67%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.06% 0.03%
26.67% 26.67% 28.47% 30.75% 33.23% 33.33% 33.32% 33.33% 33.33% 33.33% 33.27% 33.30%
No. of Shareholders 1,2692,2462,2025,5877,4069,71819,47723,86024,15327,51033,21637,338

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

Annual reports

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