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Aakash Exploration Services Limited

Aakash Exploration Services Limited

AAKASH.NS
Aakash Exploration Services LimitedIN flagNational Stock Exchange of India
8.74
INR
-0.22
- -
884.93MMarket Cap
Aakash Exploration Services Limited
AAKASH.NS
(National Stock Exchange of India)

Recent

price

8.74

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
0.89
1.37
2.28
2.46
3.32
4.05
11.48
6.66
5.9
7.59
9.14
9.11
9.6
- -
10.16
Revenue per Share
0.01
0.05
0.1
0.04
0.11
0.23
0.74
0.48
0.41
0.6
0.45
0.61
0.18
- -
0.19
Basic EPS, GAAP
-0.26
-0.32
-0.52
-0.24
-0.07
-0.01
3.21
1.77
1.39
0.96
1.83
1.01
0.8
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.52
0.57
0.67
1.01
1.11
1.34
4.1
2.3
2.71
3.31
3.76
4.37
4.51
- -
4.77
Book Value per Share
0.52
0.57
0.67
1.57
1.68
1.91
7.21
3.69
4.1
4.72
5.17
5.78
5.9
- -
6.25
Tangible Book Value per Share
101
101
101
101
101
101
45
101
101
101
101
101
102
- -
97
Basic Weighted Avg Shares
90
139
230
249
336
410
517
675
598
769
926
922
982
1,125
982
Sales/Revenue/Turnover
0.05
8.95
8.24
3.75
8.16
10.64
7.59
13.95
11.51
11.87
7.11
10.42
2.99
4.85
2.99
Operating Margin (%)
12
15
22
34
39
33
39
63
59
63
70
76
72
96
- -
Depreciation Expense
1
5
10
4
11
23
33
48
41
61
45
62
18
35
18
Net Income, GAAP
35.77
37.58
33.05
37.67
34.44
28.19
31.39
28.06
25.48
25.43
26.09
25.94
27.98
27.64
28.02
Effective Tax Rate (%)
1.6
3.56
4.4
1.78
3.23
5.7
6.41
7.18
6.92
7.96
4.9
6.73
1.87
3.11
1.87
Profit Margin (%)
9
41
-24
48
53
146
32
36
52
47
-70
58
-31
-57
-31
Working Capital
17
45
44
87
95
163
131
136
82
35
54
63
3
34
3
LT Debt
53
58
68
159
170
193
324
373
415
477
523
585
604
639
604
Total Equity
- -
7.07
7.49
2.32
5.89
8.77
5.42
11.2
8.46
10.98
6.91
8.83
2.51
4.64
2.5
Return on Invested Capital (%)
- -
7.41
9.48
4.77
7.68
11.1
10.39
14.4
11.87
14.92
10.28
11.33
4.66
9.55
4.65
Return on Capital (%)
- -
8.95
16.18
5.21
10.1
18.76
20.66
23.21
16.31
20.08
12.67
15.07
4.07
12.44
4.07
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'25
ST Debt
77
- -
234
LT Borrowings
62
- -
1
LT Finance Leases
- -
- -
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
101
- -
101
Market Capitalization
1,224
1,003
722

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'25
Total Current Assets
250
- -
303
Cash, Cash Equivalents & STI
41
- -
33
Accounts Receivable, Net
196
- -
216
Inventories
- -
- -
- -
Total Current Liabilities
184
- -
334
Payables & Accruals
- -
- -
- -
ST Debt
77
- -
234
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16%
9.1%
5.82%
Free Cash Flow
-1,657.83%
14.13%
75.36%
Net Income, GAAP
41.22%
15.74%
90.13%
Sales/Revenue/Turnover
17.18%
13.93%
14.53%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
183
212
218
309
922
2025
260
231
234
258
982
2026
248
312
326
- -
1,125

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
0.12
0.04
- -
0.61
2025
0.12
0.01
0.03
0.03
0.18
2026
0.03
0.08
0.19
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Aakash Exploration Services Limited Aakash Exploration Services Limited (AAKASH.NS) provides oil and gas field services in India, specializing in well intervention and maintenance operations; its core offerings include mobile workover rigs of 40-ton and 50-ton capacities, hot oil circulation units, mobile air compressors, mobile steaming units (boilers), mobile pumping units, cranes, manpower services, sucker rod pumping (SRP) units supply and maintenance, coiled tubing units, and related equipment such as heating units. Headquartered in Ahmedabad, Gujarat, and founded in 2007 following the conversion of the partnership firm Aakash Roadlines established in 2006, the ISO 9001, 14001, and OHSAS 18001 certified company operates on a pan-India basis across more than seven states, serving major clients including Oil and Natural Gas Corporation Limited (ONGC) in Ahmedabad, Mehsana, Ankleshwar, and Hazira projects (accounting for around 52% of its order book), Gujarat State Petroleum Corporation Limited (GSPCL), Vedanta Limited, Reliance, Cairn India, Essar Oil, Great Eastern Energy, Indian Oil Corporation (IOC), Niko, and Oil India Limited (OIL). Recent developments include securing a ₹19.36 crore order in June 2025 to bolster its order book, alongside multiple letters of intent (LOIs) and contracts awarded in 2024-2025 such as three low-pressure mobile steaming units (LP-MSU) for five years and one high-pressure mobile steaming unit from ONGC Ahmedabad Asset, one hot oil circulation (HOC) unit for six months from ONGC Ankleshwar Asset, one LP-MSU for five years and one high-pressure MSU for five months from ONGC Mehsana Asset, two-year MSU contract from GSPCL, and various one-year assignments from Vedanta Limited for rod running units (RRU), blowout preventer (BOP) services, wellhead greasing and integrity checks, and offshore operations in Barmer, Rajasthan, with its order book concentrated 57% in rigs as of March 2024 and low debt levels supporting stable operations amid India's Hydrocarbon Exploration and Licensing Policy (HELP) initiatives.