Asian Energy Services Limited has informed the Exchange regarding a press release dated August 12, 2025, titled "Press Release in respect of Financial Results for the quarter ended 30th June, 2025".
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Awaiting price reaction for this filing.
Asian Energy Services reported a strong Q1FY26 with revenue surging 92% year-on-year to Rs 115.4 crores (up from Rs 60.2 crores), driven by 80% contribution from Oil & Gas services and 20% from Mineral & Other Energy Services. EBITDA rose 72% YoY to Rs 12.1 crores, while profit after tax jumped 173% YoY to Rs 5.6 crores, reflecting improved resource utilisation and operational efficiency. The order book stood robust at approximately Rs 1,688 crores as of August 12, 2025, led by O&M at 75.2%, followed by Infrastructure/CHP at 19.3% and Seismic at 5.5%. The company also secured two new contracts — a ~Rs 772 crore integrated service contract from Vedanta Limited (57 months) and a ~Rs 46 crore seismic data contract from Sun Petrochemicals — and is in final stages of acquiring Kuiper Group to expand its Middle East and Southeast Asia footprint.
The triple-digit PAT growth and strong order book visibility of ~Rs 1,688 crores signal strong business momentum and multi-year revenue assurance. New contract wins and the pending Kuiper Group acquisition could further boost future earnings, though execution and integration risks remain. Likely positive sentiment for the stock.