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 26.7
  • Book Value ₹ 5.78
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE 11.2 %
  • Face Value ₹ 1.00
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Pros

Cons

  • Stock is trading at 2.83 times its book value
  • 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%
  • Working capital days have increased from 43.2 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

Consolidated Figures in Rs. Crores / View Standalone

Dec 2022 Mar 2023 Sep 2023 Dec 2023 Mar 2024
26.88 19.71 21.24 21.80 30.89
24.15 15.89 17.34 19.01 23.95
Operating Profit 2.73 3.82 3.90 2.79 6.94
OPM % 10.16% 19.38% 18.36% 12.80% 22.47%
0.81 0.15 0.10 0.05 0.39
Interest 0.43 0.48 0.48 0.35 0.60
Depreciation 1.82 2.00 1.84 1.95 1.96
Profit before tax 1.29 1.49 1.68 0.54 4.77
Tax % 25.58% 28.86% 25.60% 24.07% 26.42%
0.97 1.06 1.26 0.41 3.51
EPS in Rs 0.10 0.10 0.12 0.04 0.35
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
92.58 92.23
79.24 75.11
Operating Profit 13.34 17.12
OPM % 14.41% 18.56%
1.49 0.59
Interest 1.68 1.78
Depreciation 7.02 7.55
Profit before tax 6.13 8.38
Tax % 26.10% 25.89%
4.54 6.20
EPS in Rs 0.45 0.61
Dividend Payout % 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 0%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 37%
Stock Price CAGR
10 Years: %
5 Years: 62%
3 Years: -7%
1 Year: 177%
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
Equity Capital 10.13 10.13
Reserves 42.18 48.40
18.26 18.11
12.76 17.12
Total Liabilities 83.33 93.76
63.04 59.03
CWIP 0.00 0.00
Investments 0.00 7.00
20.29 27.73
Total Assets 83.33 93.76

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
18.50 10.21
-24.03 -10.39
6.45 -0.24
Net Cash Flow 0.92 -0.42

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
Debtor Days 60.75 97.12
Inventory Days 0.00 0.00
Days Payable
Cash Conversion Cycle 60.75 97.12
Working Capital Days 19.04 67.40
ROCE %

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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