About
Aakash Exploration Services Limited provides oil and gas field services in India. It offers services using machineries, such as mobile work over rigs, hot oil circulation units, heating units, indirect bath heaters, mobile sucker rod pumping units, utility services for return lines, mobile steaming units, mobile high pressure air compressors, mobile high- and low-pressure pumping units, FRAC/ insulated tanks, and acid pumping units. The company also engages in manufacture of refined petroleum products. In addition, it provides oil enhance recovery, well head maintenance, well head greasing, mold guide on sucker rod, drilling rig, chemical dosing pump, sucker rod pumping unit, and flush by unit. Aakash Exploration Services Limited was incorporated in 2007 and is headquartered in Ahmedabad, India.
Key Metrics
as of Sep 2026Market Cap89 Cr
P/E17.40
Div Yield0.00 %
Book Value₹5.91
52w High₹13.40
52w Low₹7.21
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 27.89 | 32.65 | 31.15 | 24.81 | 23.86 | 25.77 | 23.35 | 23.05 | 26.01 | 30.89 | 21.80 | 21.24 | 18.30 | 19.71 | 26.88 |
| Expenses | 25.65 | 27.33 | 27.19 | 21.89 | 20.98 | 23.22 | 21.15 | 21.02 | 22.67 | 23.95 | 19.01 | 17.34 | 14.83 | 15.89 | 24.15 |
| Operating Profit | 2.24 | 5.32 | 3.96 | 2.92 | 2.88 | 2.55 | 2.20 | 2.03 | 3.34 | 6.94 | 2.79 | 3.90 | 3.47 | 3.82 | 2.73 |
| OPM % | 8.03 | 16.29 | 12.71 | 11.77 | 12.07 | 9.90 | 9.42 | 8.81 | 12.84 | 22.47 | 12.80 | 18.36 | 18.96 | 19.38 | 10.16 |
| Other Income | 1.48 | 0.59 | 0.22 | 0.18 | 0.29 | 0.37 | 0.31 | 0.37 | 0.53 | 0.39 | 0.05 | 0.10 | 0.06 | 0.15 | 0.81 |
| Depreciation | 2.52 | 2.87 | 2.65 | 2.22 | 1.88 | 1.94 | 1.78 | 1.74 | 1.71 | 1.96 | 1.95 | 1.84 | 1.80 | 2.00 | 1.82 |
| Interest | 0.49 | 0.37 | 0.45 | 0.51 | 0.58 | 0.60 | 0.35 | 0.48 | 0.54 | 0.60 | 0.35 | 0.48 | 0.35 | 0.48 | 0.43 |
| Profit before tax | 0.71 | 2.67 | 1.08 | 0.37 | 0.71 | 0.38 | 0.38 | 0.18 | 1.62 | 4.77 | 0.54 | 1.68 | 1.38 | 1.49 | 1.29 |
| Tax % | 26.76 | 29.59 | 25.93 | 24.32 | 25.35 | 28.95 | 28.95 | 38.89 | 26.54 | 26.42 | 24.07 | 25.60 | 25.36 | 28.86 | 25.58 |
| Net Profit | 0.52 | 1.88 | 0.80 | 0.28 | 0.54 | 0.28 | 0.26 | 0.11 | 1.20 | 3.51 | 0.41 | 1.26 | 1.04 | 1.06 | 0.97 |
| EPS in Rs | 0.05 | 0.19 | 0.08 | 0.03 | 0.05 | 0.03 | 0.03 | 0.01 | 0.12 | 0.35 | 0.04 | 0.12 | 0.10 | 0.10 | 0.10 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 112.00 | 98.00 | 92.00 | 93.00 | 77.00 | 60.00 | 67.00 | 52.00 | 41.00 | 34.00 | 25.00 | 23.00 |
| Expenses | 97.00 | 88.00 | 75.00 | 79.00 | 62.00 | 47.00 | 52.00 | 44.00 | 33.00 | 27.00 | 21.00 | 19.00 |
| Operating Profit | 15.00 | 10.00 | 17.00 | 13.00 | 15.00 | 13.00 | 15.00 | 8.00 | 8.00 | 7.00 | 4.00 | 4.00 |
| OPM % | 13.00 | 10.00 | 19.00 | 14.00 | 20.00 | 21.00 | 23.00 | 15.00 | 19.00 | 20.00 | 17.00 | 18.00 |
| Other Income | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 2.00 | 0.00 | 0.00 | 1.00 | 0.00 |
| Interest | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 2.00 | 3.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Depreciation | 10.00 | 7.00 | 8.00 | 7.00 | 6.00 | 6.00 | 6.00 | 4.00 | 3.00 | 4.00 | 3.00 | 2.00 |
| Profit before tax | 5.00 | 3.00 | 8.00 | 6.00 | 8.00 | 6.00 | 7.00 | 5.00 | 3.00 | 2.00 | 1.00 | 2.00 |
| Tax % | 28.00 | 28.00 | 26.00 | 26.00 | 25.00 | 25.00 | 28.00 | 31.00 | 28.00 | 34.00 | 37.00 | 33.00 |
| Net Profit | 4.00 | 2.00 | 6.00 | 5.00 | 6.00 | 4.00 | 5.00 | 3.00 | 2.00 | 1.00 | 0.00 | 1.00 |
| EPS in Rs | 0.35 | 0.18 | 0.61 | 0.45 | 0.60 | 0.41 | 0.48 | 0.33 | 0.31 | 0.15 | 0.06 | 0.34 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Sep 2024 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 7.00 | 5.00 | 5.00 | 5.00 | 2.00 |
| Reserves | 54.00 | 50.00 | 50.00 | 48.00 | 42.00 | 38.00 | 31.00 | 27.00 | 26.00 | 14.00 | 12.00 | 11.00 | 5.00 |
| Borrowings | 22.00 | 23.00 | 14.00 | 26.00 | 24.00 | 16.00 | 18.00 | 24.00 | 27.00 | 20.00 | 15.00 | 13.00 | 13.00 |
| Other Liabilities | 20.00 | 13.00 | 13.00 | 10.00 | 7.00 | 7.00 | 6.00 | 6.00 | 3.00 | 5.00 | 2.00 | 2.00 | 6.00 |
| Total Liabilities | 106.00 | 96.00 | 87.00 | 94.00 | 83.00 | 71.00 | 66.00 | 67.00 | 63.00 | 45.00 | 34.00 | 31.00 | 25.00 |
| Fixed Assets | 71.00 | 61.00 | 56.00 | 59.00 | 63.00 | 46.00 | 42.00 | 45.00 | 39.00 | 18.00 | 19.00 | 17.00 | 13.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 3.00 | 3.00 | 7.00 | 0.00 | 0.00 | 3.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 35.00 | 32.00 | 27.00 | 28.00 | 20.00 | 25.00 | 21.00 | 22.00 | 24.00 | 27.00 | 15.00 | 14.00 | 13.00 |
| Total Assets | 106.00 | 96.00 | 87.00 | 94.00 | 83.00 | 71.00 | 66.00 | 67.00 | 63.00 | 45.00 | 34.00 | 31.00 | 25.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 14.00 | 8.00 | 10.00 | 18.00 | 10.00 | 14.00 | 18.00 | 14.00 | 0.00 | 5.00 |
| Cash from Investing Activity | -16.00 | -4.00 | -10.00 | -24.00 | -7.00 | -6.00 | -12.00 | -15.00 | -2.00 | -6.00 |
| Cash from Financing Activity | 1.00 | -4.00 | 0.00 | 6.00 | -3.00 | -7.00 | -6.00 | 0.00 | 0.00 | -1.00 |
| Net Cash Flow | 0.00 | 0.00 | 0.00 | 1.00 | -1.00 | 1.00 | 0.00 | 0.00 | -2.00 | -1.00 |
| Free Cash Flow | -5.00 | -1.00 | 7.00 | -6.00 | -1.00 | 11.00 | 6.00 | -11.00 | -2.00 | -1.00 |
| CFO/OP % | 97.00 | 101.00 | 61.00 | 155.00 | 71.00 | 121.00 | 127.00 | 184.00 | -1.00 | 92.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 80.00 | 80.00 | 97.00 | 61.00 | 101.00 | 91.00 | 94.00 | 130.00 | 167.00 | 96.00 | 95.00 | 140.00 |
| Inventory Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash Conversion Cycle | 80.00 | 80.00 | 97.00 | 61.00 | 101.00 | 91.00 | 94.00 | 130.00 | 167.00 | 96.00 | 95.00 | 140.00 |
| Working Capital Days | -19.00 | -24.00 | -8.00 | -32.00 | 21.00 | 5.00 | 17.00 | 84.00 | 122.00 | 24.00 | 9.00 | -47.00 |
| ROCE % | 8.00 | 5.00 | 13.00 | 11.00 | 15.00 | 12.00 | 16.00 | 12.00 | 13.00 | 10.00 | 7.00 | — |
Corporate Actions
1 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Split | 03 Feb 2022 | 04 Feb 2022 | 10:1 | — |
Announcements
5 filingsAnnual Reports
Credit Ratings
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Rating update27 Jul from care
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Rating update2 Jun 2025 from care
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Rating update4 Jul 2024 from care