Asian Energy Services Limited has informed the Exchange about Transcript

Asian Energy Services reported FY26 revenue of INR791 crore (up 70% YoY) and EBITDA of INR99 crore with 12.5% margin. Q4 FY26 revenue was INR338 crore with 14.6% EBITDA margin. Management attributed a shortfall in meeting prior guidance to West Asia conflict-related supply chain disruptions and client-side execution delays in Q4, which it characterised as timing-related with deferred revenue expected to flow in FY27. The company guided 30-40% top-line growth for FY27 on a standalone basis and targets standalone EBITDA margin improvement of 100-200 bps. The order book stands at approximately INR1,750 crore (excluding Kuiper), covering ~90-95% of FY27 guidance. Consolidated FY27 EBITDA margin is guided at 12-13%. Kuiper is expected to contribute $60-65 million revenue in FY27 and target 11-12% EBITDA margin by FY29 ($100 million revenue). FY29 consolidated PAT guidance of INR450-500 crore remains intact. The Oilmax merger (SEBI-approved, NCLT meeting June 2026, expected completion Sep-Oct 2026) will add producing assets (Tiphuk, Amguri, Duarmara) with FY29-30 Oilmax revenue guidance of INR800-900 crore. The company is net debt-free with INR92 crore received from warrant conversion. Dividend of INR1.25 per share proposed.