Aakash Exploration Services Ltd

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

Aakash Exploration Services Ltd

₹ 10.2 -1.16%
24 Dec - 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 ₹ 104 Cr.
  • Current Price ₹ 10.2
  • 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
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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.
  • 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
26.88 19.71 18.30 21.24 21.80 30.89 26.01 23.05
24.15 15.89 14.83 17.34 19.01 23.95 22.67 21.02
Operating Profit 2.73 3.82 3.47 3.90 2.79 6.94 3.34 2.03
OPM % 10.16% 19.38% 18.96% 18.36% 12.80% 22.47% 12.84% 8.81%
0.81 0.15 0.06 0.10 0.05 0.39 0.53 0.37
Interest 0.43 0.48 0.35 0.48 0.35 0.60 0.54 0.48
Depreciation 1.82 2.00 1.80 1.84 1.95 1.96 1.71 1.74
Profit before tax 1.29 1.49 1.38 1.68 0.54 4.77 1.62 0.18
Tax % 25.58% 28.86% 25.36% 25.60% 24.07% 26.42% 26.54% 38.89%
0.97 1.06 1.04 1.26 0.41 3.51 1.20 0.11
EPS in Rs 0.10 0.10 0.10 0.12 0.04 0.35 0.12 0.01
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 TTM
93 92 102
79 75 87
Operating Profit 13 17 15
OPM % 14% 19% 15%
1 1 1
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 0.52
Dividend Payout % 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 18%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 21%
Stock Price CAGR
10 Years: %
5 Years: 12%
3 Years: -26%
1 Year: 3%
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

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
Debtor Days 61 97
Inventory Days 0 0
Days Payable
Cash Conversion Cycle 61 97
Working Capital Days 19 40
ROCE % 13%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
71.54% 69.25% 66.77% 66.67% 66.67% 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% 0.06% 0.03% 0.00% 0.00%
28.47% 30.75% 33.23% 33.33% 33.32% 33.33% 33.33% 33.33% 33.27% 33.30% 33.32% 33.33%
No. of Shareholders 2,2025,5877,4069,71819,47723,86024,15327,51033,21637,33841,86146,171

* 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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