Skip to main content
Swing Capital

Asian Energy Services Ltd

NSE: ASIANENE BSE: 530355Energy

Asian Energy Services Ltd is an oilfield service and reservoir imaging company, offering a suite of geophysical services specializing in land and well seismic services and operation and maintenance services for oilfields.[1] It is one of the few companies providing end-to-end services in the upstream oil segment.[2]

₹315
52W: ₹230 — ₹392
PE 35.9 · Book ₹90.8 · +247% vs book
Market Cap₹1,532 Cr
Stock P/E35.9Price to Earnings
ROCE16.1%Return on Capital
ROE12.2%Return on Equity
Div. Yield0.33%Face Value ₹10

Strengths

  • +Company is expected to give good quarter
  • +Company's median sales growth is 99.4% of last 10 years

Weaknesses

  • −Stock is trading at 3.49 times its book value
  • −Company has a low return on equity of 5.46% over last 3 years.
  • −Dividend payout has been low at 3.63% of profits over last 3 years
  • −Company has high debtors of 174 days.

Shareholding Pattern

Promoters56.16%
FIIs1.18%
DIIs0.75%
Public41.87%
CategorySep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026May 2026
Promoters60.97%60.97%60.97%60.97%60.97%60.97%60.75%▼0.256.16%▼4.6
FIIs2.24%2.26%▲0.02.35%▲0.12.33%▼0.00.94%▼1.41.09%▲0.21.34%▲0.31.18%▼0.2
DIIs0%0%0%0.25%▲0.30.39%▲0.10.52%▲0.10.81%▲0.30.75%▼0.1
Public36.36%36.57%▲0.236.51%▼0.136.38%▼0.137.62%▲1.237.34%▼0.337.05%▼0.341.87%▲4.8

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales459511960989221411561108
Expenses4179945481781841045586
Operating Profit41625717143112622
OPM %9%16%21%11%17%15%14%10%10%20%
Net Profit114172108216214
EPS ₹0.173.484.130.62.221.84.591.360.413.17

AI Insights

Revenue Trend

TTM revenue at ₹499Cr, up 7.5% YoY. OPM at 14%.

Debt Position

Borrowings at ₹47Cr. Debt-to-equity ratio: 0.13x. Healthy balance sheet.

Capex Cycle

CWIP at ₹3Cr (3% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 0.75% (+0.75pp change). FIIs: 1.18% (+1.13pp change). Promoters hold 56.16%.

Margin & Efficiency

ROCE improving from -18% (Mar 2014) to 16% (Mar 2025). Working capital days: 140.

Valuation

PE 35.9x with 16.1% ROCE. Price is 247% above book value of ₹90.8. Dividend yield: 0.33%.

Recent Announcements