Revenue and profit surge; merger receives court approval

Revenue growth above 20%EBITDA margin expansionNegative operating cash flowResults View source PDF Explain this filing

ASIANENE · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-3.2%Reaction day

₹413.00

prior close

₹414.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.4%-4.7% vs market

Oil peers, median of 15sector · industry level+1.7%-4.9% vs sector

On the reaction day the stock moved 4.7 pts less than Nifty Microcap 250 and 4.9 pts less than its Oil peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-4.1

10m

-5.3

15m

-4.9

30m

-4.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.2+1.4-4.7+1.7-4.9

Next day

-3.5+1.7-5.2+1.7-5.2

-1.4+3.9-5.3+2.0-3.4

-3.3+5.1-8.4+3.0-6.4

-2.4pendingpending+2.2-4.7

—————

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Oil peers, median of 15Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The board approved September 2026 unaudited results. Consolidated half-year revenue rose to Rs 53,785.98 lakh from Rs 21,736.49 lakh, while net profit increased to Rs 2,982.74 lakh from Rs 165.91 lakh. The National Company Law Tribunal sanctioned the merger of Oilmax Energy into AESL, pending government approval. Operating cash outflow widened to Rs 9,423.83 lakh. The board also appointed an independent director and changed senior management.

Likely market impact

Revenue and profit growth support sentiment, but the operating cash outflow and pending merger approvals could weigh on near-term share performance.

By the numbersConsolidated · Q2 FY27 vs Q2 FY26

	Q2 FY27	Q2 FY26	Change
Revenue	₹266.7 Cr	₹102.0 Cr	+161.5%
Operating profit	₹23.19 Cr	₹1.70 Cr	+1,264.5%
Profit after tax	₹17.07 Cr	−₹3.03 Cr	turned positive
EBITDA margin	11.8%	2.5%	+9.3 pp

From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.