Asian Energy Services Limited has informed the Exchange about Chairman s speech at the 32nd Annual General Meeting held on September 26, 2025.
ASIANENE · price
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Asian Energy Services reported a strong FY25 with revenue from operations growing over 50% to Rs. 465 crore, EBITDA rising to Rs. 72 crore at 15.5% margins, and profit after tax surging 65% to Rs. 42 crore. The order book stood at nearly Rs. 1,688 crore as of August 2025, with 81% in Energy Services and 19% in Material Handling/CHP projects. The company has completed the acquisition of Kuiper Group UAE (a manpower and O&M services firm with USD 70 million FY24 revenue) for USD 9.25 million, effective September 1, 2025, and has initiated the process for a proposed merger with parent company Oilmax Energy. The Board raised Rs. 157 crore via preferential warrants, ended the year with Rs. 79 crore net cash and Rs. 399 crore net worth, and recommended a Rs. 1 per share dividend.
Strong financial growth, a robust order book, a completed international acquisition, and a proposed merger with the parent company signal significant expansion and revenue visibility for shareholders. The improving margins, net cash position, and dividend declaration are positive for retail investors, though the merger and acquisition integration will be key things to watch going forward.