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NSE:ASIANENE

ASIAN ENERGY SERVICES LTD

Oil Gas & Consumable Fuels › Oil
₹409.15
at close · 28 Oct 2026
▲ 11.05 (+2.78%)

Latest filings

Next results: Fri, 30 Oct · Financial Results
  1. CRISIL continues watch status on INR 317.5 crore bank facilities · Credit & Debt
  2. Earnings call set for 30 October 2026 to discuss FY27 performance · Board & Shareholder Meetings
  3. Board to approve September 2026 quarterly and half-year results · Results
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Provides energy services to the oil and gas industry and runs a smaller mineral and bulk-material handling business. The Oil and Gas segment (80% of FY26 segment revenue, INR632.68 crore) covers seismic data acquisition, drilling, integrated field development contracts and crude production, while the Mineral and other energy services segment (20%, INR158.37 crore) covers coal handling plant EPC, bulk material handling and critical mineral logistics. Operationally it runs an order book of about INR1,750 crore (excluding Kuiper), is producing from the Indrora and Mevad fields with a 1,000 BOPD target by FY27, and has secured a INR187.62 crore coal handling plant EPC contract from Gujarat State Electricity Corporation. Through the Kuiper acquisition it operates an international energy services platform, and the Oilmax Energy merger (SEBI-approved, NCLT hearing pending) is set to add producing assets at Tiphuk, Amguri and Duarmara. The cost base is dominated by other operating expenses (82.6% of FY26 revenue), reflecting a service-delivery model reliant on subcontracted field operations, with employee cost at 5.3% and depreciation at 2.4%.

Revenue mix · reported segments
Oil and Gas80.0%
Mineral and other energy services20.0%
Operating scale
Order book (excluding Kuiper)
INR1,750 croreFY26
Production target (Indrora/Mevad)
1,000 BOPDFY27
GSECL coal handling plant EPC contract
INR187.62 croreFY27
FY26 revenue
INR791 crore (+70% YoY)FY26
FY26 EBITDA
INR99 crore (12.5% margin)FY26
Kuiper FY27 revenue guidance
$60-65 millionFY27
Who pays it
Oil & gas PSUs and operators (ONGC, Oil India), Coal India and its subsidiaries, Gujarat State Electricity Corporation, Vedanta, and international clients via Kuiper
Biggest cost
Other operating expenses (82.6% of FY26 revenue) covering subcontracted field operations and service delivery
Kind of business
Project-based, service-delivery energy services company expanding into integrated field development and upstream production
Where it sits
Indian-listed oil and gas services company building an integrated energy services platform domestically and internationally via the Kuiper acquisition, with the Oilmax merger adding producing assets
Market Cap
₹1,990 Cr
P / E (TTM)
32.2×
EV / EBITDA
19.1×
Div Yield
0.22%
Growth
28.2%▲
Revenue 5y CAGR
PAT +18.1% · EBITDA +14.3%
Quality
13.0%▲
ROCE (5y median)
ROE 10.5% (5y median) · margin 12.0%
Leverage
0.32·
Debt / Equity · low
Net debt ₹49 Cr
Revenue FY21→FY26
3.5×▲
Margin −3.3 pts
₹229 Cr → ₹791 Cr
Cash conversion
0.33×▼
Operating cash ÷ profit · 5 yrs
₹38 Cr on ₹114 Cr
Moves on a normal day
1.67%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 16 Oil peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#10/15
P/B#10/15
ROCE#4/17
ROE#7/16
Debt / Equity#11/16
EBITDA margin#15/15
Revenue growth#4/15
Profit growth#5/16

Scorecard

Measured from the filed financials, judged against its Oil peers · as of FY26 — not investment advice

Strengths
Revenue compounding 28% a year over 5 years
Profit compounding 18% a year over 5 years
Concerns
Over 5 years it reported ₹114 Cr of profit and ₹38 Cr of operating cash — 0.33×
Less than 60p of every ₹1 of profit arrived as cash

Charts

How has the market priced it — with filings on the timeline?

ASIANENE · price

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

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from ASIAN ENERGY SERVICES LTD's filed financials and exchange disclosures

What does ASIAN ENERGY SERVICES LTD do?

ASIAN ENERGY SERVICES LTD is a Oil company listed on NSE and BSE, trading under the symbol ASIANENE.

Is ASIAN ENERGY SERVICES LTD profitable?

Yes. Over the trailing twelve months ASIAN ENERGY SERVICES LTD reported a net profit of ₹60 Cr on revenue of ₹947 Cr.

Does ASIAN ENERGY SERVICES LTD pay a dividend?

Yes. The dividend yield is 0.22% at the current price. It paid out 9% of its profit as dividend in FY26.

Is ASIAN ENERGY SERVICES LTD debt-free?

No. It reported borrowings of ₹158 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹49 Cr after cash. Debt stands at 0.32× equity. That is higher than 67% of its 16 Oil peers.

Is ASIAN ENERGY SERVICES LTD expensive compared with its peers?

On trailing P/E, ASIAN ENERGY SERVICES LTD ranks 10 of 15 in Oil — cheaper than 36% of them, against an industry median of 21.8×. This is a position, not a valuation judgement.

How much does the ASIAN ENERGY SERVICES LTD share price move in a day?

On a typical session ASIAN ENERGY SERVICES LTD moves 1.67% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

When are ASIAN ENERGY SERVICES LTD's next results?

Financial Results on Fri, 30 Oct. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track ASIAN ENERGY SERVICES LTD's announcements?

Every NSE and BSE filing by ASIAN ENERGY SERVICES LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.