Aakash Exploration Services Limited share price
Aakash Exploration Services Limited provides oil and gas field services in India. It offers services using machinery, such as mobile work over rigs, hot oil circulation units, heating units, indirect bath heaters, mobile sucker rod pumping units, utility services for return lines, mobile steaming units. The company also provides mobile high pressure air compressors, mobile high- and low-pressure pumping units, FRAC/ insulated tanks, and acid pumping units. It also engages in manufacturing refined petroleum products. In addition, the company provides oil enhance recovery, well head maintenance, well head greasing, mold guide on sucker rod, drilling rig, chemical dosing pump, sucker rod pumpi…Read more
- Market Cap₹ 83 Cr.
- Current Price₹ 8.21
- High / Low₹ 13 / 7
- Stock P/E23.5
- Book Value₹ 6
- Dividend Yield0.00 %
- ROCE9.6 %
- ROE5.60 %
- Face Value₹ 1.0
More figures (10)
- EPS (TTM)₹ 0.35
- Price / Book1.27
- OPM8.1 %
- Debt / Equity0.42
- Sales growth (3Y)6.7 %
- Profit growth (3Y)-8.3 %
- Promoter holding—
- EV / EBITDA7.8
- Beta-0.16
- All-time high₹ 34
Price chart
| Returns | 1M | 3M | 6M | YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| AAKASH | -6.92% | -9.48% | -0.24% | -6.06% | -9.58% | +7.27% | -15.51% |
| Nifty 50 | -0.31% | -3.85% | -4.34% | -11.42% | -9.53% | +5.46% | +4.76% |
Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.
Quick take
- Aakash Exploration Services Limited is in the Oil & Gas Equipment & Services industry (Energy), with a market value of ₹83 crore.
- It trades at 23.5 times its last 12 months' earnings and 1.3 times book value.
- Revenue grew 6.7% a year over the last 3 years, profit -8.3% a year.
- Return on equity was 5.6% and return on capital employed 9.6% in the latest year.
- Debt was 0.42 times shareholders' equity.
- The share price is 38.7% below its 52-week high and down 9.6% over one year.
Pros
AI- Trades at 23.5 times earnings, below its 3-year median of 199.2.
- Promoters hold a large stake of 66.54%.
Cons
AI- Return on equity has been low: 6.6% on average over the last 3 years.
- Profit growth has been weak: -8.3% a year over the last 3 years.
- Other income makes up 51% of profit before tax.
- The company has not paid a dividend recently.
Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.
About Aakash Exploration Services Limited
Aakash Exploration Services Limited provides oil and gas field services in India. It offers services using machinery, such as mobile work over rigs, hot oil circulation units, heating units, indirect bath heaters, mobile sucker rod pumping units, utility services for return lines, mobile steaming units. The company also provides mobile high pressure air compressors, mobile high- and low-pressure pumping units, FRAC/ insulated tanks, and acid pumping units. It also engages in manufacturing refined petroleum products. In addition, the company provides oil enhance recovery, well head maintenance, well head greasing, mold guide on sucker rod, drilling rig, chemical dosing pump, sucker rod pumping unit, and flush by unit. Aakash Exploration Services Limited was incorporated in 2007 and is headquartered in Ahmedabad, India.
- Employees
- 1,487
- Head office
- Ahmedabad
Peer comparison
EnergyOil & Gas Equipment & Services
| S.No. | Company | CMP ₹ | P/E | Mar Cap ₹ Cr | Div Yld % | NP Qtr ₹ Cr | Qtr Profit Var % | Sales Qtr ₹ Cr | Qtr Sales Var % | ROCE % | ROE % | P/B | OPM % | Debt / Eq | Prom. Hold. % | Sales ₹ Cr | Sales Var 3Yrs % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Aakash Exploration Services | 8.21 | 23.5 | 83 | 0.00 | 1 | -2.40 | 28 | 16.93 | 9.6 | 5.6 | 1.27 | 8.1 | 0.42 | — | 112 | 6.7 |
| 2. | Aegis Vopak Terminals | 276.00 | 121.6 | 30,581 | 0.07 | 66 | -6.96 | 234 | 12.40 | 7.9 | 11.0 | 7.13 | 51.9 | 0.87 | 87.35 | 923 | 37.7 |
| 3. | Dolphin Offshore Enterprises (India) | 652.40 | 36.2 | 2,610 | 0.00 | 15 | 30.72 | 43 | 160.58 | 13.3 | 21.9 | 7.39 | 48.7 | 0.57 | 90.16 | 116 | — |
| 4. | Alphageo (India) | 255.00 | — | 162 | 1.95 | 15 | 1,901.68 | 82 | 101.09 | -7.4 | -5.3 | 0.64 | -21.2 | — | 52.66 | 112 | 19.4 |
| Median: 4 Co. | 265.50 | 36.2 | 1,386 | 0.04 | 15 | 14.16 | 62 | 59.01 | 8.8 | 8.3 | 4.20 | 28.4 | 0.57 | 87.35 | 114 | 19.4 |
Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.
Quarterly Results
Standalone figures in ₹ crore
Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Latest quarter on the right.
Profit & Loss
Standalone figures in ₹ crore
Projection — your assumptions
Starts from the last four reported quarters (TTM) and applies the figures you enter; growth is pre-filled with the company's own 3-year sales growth. This is a what-if calculator for illustration, not a forecast, estimate or recommendation.
Related party transactions
Related-party transactions are dealings with promoters, directors, subsidiaries and associates. Companies disclose them to the exchanges every half-year and in detail in the notes to their annual report.
- Related Party TransactionsAakash Exploration Services Limited has informed the Exchange about related Party Transactions12-Nov-2024
- Related Party TransactionsAakash Exploration Services Limited has informed the Exchange about related Party Transactions22-May-2024
- Related Party TransactionsAakash Exploration Services Limited has informed the Exchange about related Party Transactions07-Nov-2023
- Related Party TransactionsDisclosure of Related Party Transactions for the half year ended on March 31, 202329-May-2023
- Related Party TransactionAakash Exploration Services Limited has informed the Exchange about related party transaction for the period ended September 202222-Nov-2022
- Related Party TransactionAakash Exploration Services Limited has informed the Exchange about related party transaction for the period ended March 202209-May-2022
- Related Party TransactionsAakash Exploration Services Limited has informed the Exchange about related Party Transactions10-Nov-2021
- Related Party TransactionsAakash Exploration Services Limited has informed the Exchange about related Party Transactions05-Jul-2021
- Related Party TransactionsAakash Exploration Services Limited has informed the Exchange about related Party Transactions for the half year ended on 30.09.202012-Nov-2020
- Related Party TransactionsAakash Exploration Services Limited has informed the Exchange regarding Disclosure under Regulation 23 Sub-Regulation 9 of SEBI ( LODR) Regulations, 2015.29-May-2019
Full details: notes to the Financial Year 2026 annual report (related party disclosures).
| ₹ Cr | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|
| 77 | 93 | 92 | 98 | 112 | 116 | |
| YOY Sales Growth % | 20.42% | -0.37% | 6.46% | 14.53% | ||
| 62 | 79 | 75 | 88 | 97 | 102 | |
| Material Cost % | 9% | 13% | 12% | 14% | 15% | 17% |
| Employee Cost % | 31% | 29% | 32% | 33% | 35% | 35% |
| Other Expenses % | 40% | 44% | 38% | 42% | 37% | 36% |
| Operating Profit | 15 | 13 | 17 | 10 | 15 | 14 |
| OPM % | 20% | 14% | 19% | 10% | 13% | 12% |
| Other Income | 1 | 1 | 1 | 2 | 1 | 2 |
| Interest | 1 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 6 | 7 | 8 | 7 | 10 | 10 |
| Profit before tax | 8 | 6 | 8 | 3 | 5 | 5 |
| 25% | 26% | 26% | 28% | 28% | 28% | |
| Current tax | 2 | 1 | 2 | 0 | 1 | |
| Deferred tax | 0 | 1 | 0 | 0 | 0 | |
| 6 | 5 | 6 | 2 | 3 | 3 | |
| YOY Profit Growth % | -25.90% | 36.81% | -70.34% | 90.13% | ||
| EPS in Rs | 0.06 | 0.05 | 0.06 | 0.02 | 0.35 | 0.35 |
Compounded Sales Growth
- 3 Years:
- 7%
- TTM:
- 21%
Compounded Profit Growth
- 3 Years:
- -8%
- TTM:
- 195%
Stock Price CAGR
- 5 Years:
- -16%
- 3 Years:
- 7%
- 1 Year:
- -10%
Return on Equity
- 4 Years:
- 7%
- Last Year:
- 6%
Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.
Balance Sheet
Consolidated figures in ₹ crore, as at 31 March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 |
| Reserves | 42 | 48 | 50 | 54 |
| 24 | 26 | 24 | 27 | |
| Long term borrowings | 5 | 6 | 0 | 3 |
| Short term borrowings | 19 | 20 | 23 | 23 |
| 7 | 9 | 12 | 15 | |
| Trade payables | 4 | 3 | 7 | 8 |
| Current liabilities | 24 | 27 | 33 | 36 |
| Total Liabilities | 83 | 94 | 96 | 106 |
| 63 | 59 | 61 | 71 | |
| Gross block | 88 | 92 | 102 | 121 |
| Accumulated depreciation | 25 | 33 | 40 | 50 |
| Goodwill & intangibles | 0 | 0 | 0 | 0 |
| 20 | 35 | 35 | 35 | |
| Trade receivables | 15 | 25 | 22 | 25 |
| Cash & equivalents | 1 | 1 | 0 | 0 |
| Current assets | 17 | 33 | 30 | 30 |
| Total Assets | 83 | 94 | 96 | 106 |
Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.
Cash Flows
Consolidated figures in ₹ crore, financial years ending March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 18 | 10 | 8 | 14 | |
| Profit for the year | 5 | 6 | 2 | 3 |
| Working capital changes | 6 | -7 | -1 | -5 |
| Direct taxes paid | -2 | -0 | -2 | -0 |
| -24 | -10 | -4 | -16 | |
| Fixed assets purchased | -24 | -4 | -9 | -19 |
| 6 | -0 | -4 | 1 | |
| Interest paid | -2 | -2 | -2 | -2 |
| Net Cash Flow | 1 | -0 | -0 | -0 |
| Free Cash Flow | -6 | 7 | -1 | -5 |
Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.
Ratios
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| ROE | 8.7% | 11.2% | 3.1% | 5.6% |
| ROCE | 13.2% | 15.3% | 7.2% | 9.6% |
| Operating margin | 7.1% | 10.4% | 3.0% | 8.1% |
| Net margin | 4.9% | 6.7% | 1.9% | 3.1% |
| Debt / equity | 0.47 | 0.44 | 0.39 | 0.42 |
| Current ratio | 0.71 | 1.21 | 0.91 | 0.84 |
| Debtor days | 61 | 97 | 80 | 80 |
| Days payable | 76 | 62 | 122 | 101 |
| Working capital days | -28 | 23 | -11 | -18 |
Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.
Shareholding Pattern
Numbers in percentages · as filed with NSE each quarter
- Promoters 66.54%
- Public 33.46%
| % | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 66.67% | 66.67% | 66.67% | 66.67% | 66.67% | 66.54% | 66.54% | 66.54% | 66.54% | 66.54% | 66.54% | 66.54% |
| 0.06% | 0.03% | 0.02% | ||||||||||
| Foreign portfolio investors (Cat. I) | 0.06% | 0.03% | 0.02% | |||||||||
| 33.27% | 33.30% | 33.32% | 33.33% | 33.33% | 33.46% | 33.46% | 33.46% | 33.46% | 33.46% | 33.44% | 33.46% | |
| Retail (up to ₹2 lakh) | 29.25% | 28.88% | 29.10% | 29.74% | 30.15% | 29.93% | 29.98% | 29.31% | 28.67% | 28.84% | 28.56% | 27.78% |
| HNIs (above ₹2 lakh) | 0.83% | 0.56% | 1.17% | 0.67% | 0.44% | 0.67% | 0.25% | 0.32% | 0.79% | 0.71% | 0.88% | 1.27% |
| NRIs | 0.94% | 1.43% | 1.14% | 0.85% | 0.79% | 0.49% | 0.86% | 0.85% | 0.88% | 0.95% | 0.96% | 0.91% |
| Bodies corporate | 0.65% | 0.85% | 0.54% | 0.79% | 0.66% | 1.13% | 1.09% | 1.72% | 1.92% | 1.82% | 2.00% | 2.42% |
| No. of Shareholders | 33,216 | 37,338 | 41,861 | 46,171 | 47,419 | 47,267 | 50,474 | 49,016 | 48,165 | 53,014 | 50,417 | 48,847 |
Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.
Documents
Announcements
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Aakash Exploration Services Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 201807-Oct-2026
- Shareholders meetingAakash Exploration Services Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 29, 2026. Further, the company has informed th…30-Sep-2026
- Shareholders meetingAakash Exploration Services Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 29, 202629-Sep-2026
- Trading WindowAakash Exploration Services Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201528-Sep-2026
- Disclosure under SEBI Takeover RegulationsVihan Vipul Haria has Submitted to the Exchange a copy of Disclosure under Regulation 10(5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Ta…15-Sep-2026
- Disclosure under SEBI Takeover Regulations Navinchandra Vershibhai Haria has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance u…09-Sep-2026
- Copy of Newspaper PublicationAakash Exploration Services Limited has informed the Exchange about Copy of Newspaper Publication - 20th Annual General Meeting through Video Conferencing/ Other Audio-Visual Mean…02-Sep-2026
- Shareholders meetingAakash Exploration Services Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 29, 202631-Aug-2026
- Copy of Newspaper PublicationAakash Exploration Services Limited has informed the Exchange about Copy of Newspaper Publication - 20th Annual General Meeting through Video Conferencing/ Other Audio-Visual Means31-Aug-2026
- Outcome of Board MeetingOutcome of the Board meeting held on 26th August, 2026 under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.26-Aug-2026
- AppointmentAakash Exploration Services Limited has informed the Exchange regarding Appointment of Mr. Vipul Navinbhai Haria as Managing Director of the company w.e.f. December 14, 2026.26-Aug-2026
- Disclosure under SEBI Takeover RegulationsNavinchandra Vershibhai Haria has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of …21-Aug-2026
Annual reports
- Financial Year 202601-SEP-2026
- Financial Year 202528-AUG-2025
- Financial Year 202428-AUG-2024
- Financial Year 2023
- Financial Year 2022
- Financial Year 2021
Credit ratings
None filed recently.
Concalls & investor meets
None filed recently.
Filings made by the company with NSE; documents open on NSE's website.
Key dates
- Ex-dividend date
- 1 Jan 1970
- Latest quarter
- 30 Jun 2026
- Financial year end
- 31 Mar 2026
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Latest news
In the news
No recent coverage found.
From the company (NSE)
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Aakash Exploration Services Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018NSE filing · 07-Oct-2026
- Shareholders meetingAakash Exploration Services Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 29, 2026. Further, the company has informed th…NSE filing · 30-Sep-2026
- Shareholders meetingAakash Exploration Services Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 29, 2026NSE filing · 29-Sep-2026
- Trading WindowAakash Exploration Services Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015NSE filing · 28-Sep-2026
- Disclosure under SEBI Takeover RegulationsVihan Vipul Haria has Submitted to the Exchange a copy of Disclosure under Regulation 10(5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Ta…NSE filing · 15-Sep-2026
- Disclosure under SEBI Takeover Regulations Navinchandra Vershibhai Haria has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance u…NSE filing · 09-Sep-2026
- Copy of Newspaper PublicationAakash Exploration Services Limited has informed the Exchange about Copy of Newspaper Publication - 20th Annual General Meeting through Video Conferencing/ Other Audio-Visual Mean…NSE filing · 02-Sep-2026
- Shareholders meetingAakash Exploration Services Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 29, 2026NSE filing · 31-Aug-2026
Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.
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