Aakash Exploration Services share price & results
- Dec 2024
- Jun 2026
Ahmedabad-based oilfield services provider operating a fleet of work-over rigs, pumping, heating and steaming units for production-stage oil recovery enhancement in India.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 23.4 | +7.1% YoY | Quarterly, as filed | Quarter to Dec 2024 | Revenue from operations as filed. |
| Operating margin | 9.4 | −3.4 pts YoY | Operating profit / revenue | Quarter to Dec 2024 | For the quarter; a change is in percentage points. |
| Net profit | 0.26 | −36.6% YoY | Quarterly, as filed | Quarter to Dec 2024 | Profit after tax as filed. |
| Return on equity | +1.2 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | +13.6 pts | Fiscal year | FY · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Revenue growth (YoY) | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Price
Performance −12.0% 1Y
1Y: ₹9.16 on 24 Oct 2025 → ₹8.06. High ₹11.9 (5 Mar 2026), low ₹7.68 (19 Feb 2026).
- Previous close
- ₹7.81
- Market cap
- ₹85 Cr
- 52-week range
- ₹7.68 – ₹11.9
- One year
- −10.94%
Overview
- Symbol
- NSE:AAKASH
- Industry
- Energy
- Exchange
- NSE
- Currency
- INR
What Aakash Exploration Services Limited does
Based on the company's own presentations, annual report and earnings calls.
Aakash Exploration Services Limited provides oilfield services at the production stage — after land survey and drilling are complete — supporting oil recovery and transfer of produced oil to refineries. It operates a fleet of specialized field equipment including mobile work-over rigs, hot oil circulation and heating units, sucker rod pumping units, steaming units, high- and low-pressure pumping units, acid pumping units and insulated/FRAC tanks. The company traces its roots to Aakash Roadlines, a transportation-hire and technical-services partnership formed in 2006, which was incorporated as Aakash Exploration Services Private Limited in 2007 and later converted into a public company in 2017.
Segments
- Oilfield production-stage services
- Permanent employees
- ~1,297
- Major field-equipment categories operated
- 12 (work-over rigs, heating/steaming units, compressors, pumping units, acid units, FRAC tanks, etc.)
- Work-over rig capacity
- 50 Ton
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 2 fiscal years held (Mar 2023 to Mar 2024).
Financials
What the filings say
Net profit, year on year: −37% (quarter to dec 2024 against dec 2023).
| Line item | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Sales | 20 | 18 | 21 | 22 | 31 | 26 | 23 | 23 |
| Expenses | 16 | 15 | 17 | 19 | 24 | 23 | 21 | 21 |
| Operating profit | 4 | 3 | 4 | 3 | 7 | 3 | 2 | 2 |
| Operating margin | 19.4% | 19.0% | 18.4% | 12.8% | 22.5% | 12.8% | 8.8% | 9.4% |
| Other income | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 1 | 1 | 2 | 1 | 5 | 2 | 0 | 0 |
| Tax rate | 28.9% | 25.4% | 25.6% | 24.1% | 26.4% | 26.5% | 38.9% | 28.9% |
| Net profit | 1 | 1 | 1 | 0 | 4 | 1 | 0 | 0 |
| EPS (₹ per share) | 0.10 | 0.10 | 0.12 | 0.04 | 0.35 | 0.12 | 0.01 | 0.03 |
| Line item | Mar 2024 |
|---|---|
| Sales | 92 |
| Expenses | 75 |
| Operating profit | 17 |
| Other income | 1 |
| Interest | 2 |
| Depreciation | 8 |
| Profit before tax | 8 |
| Net profit | 6 |
| Line item | Mar 2023 | Mar 2024 | Sept 2024 |
|---|---|---|---|
| Equity capital | 10 | 10 | 10 |
| Reserves | 42 | 48 | 50 |
| Borrowings | 24 | 26 | 14 |
| Other liabilities | 7 | 10 | 13 |
| Total liabilities | 83 | 94 | 87 |
| Fixed assets | 63 | 59 | 56 |
| Capital work in progress | 0 | 0 | 0 |
| Investments | 0 | 7 | 3 |
| Other assets | 20 | 28 | 27 |
| Total assets | 83 | 94 | 87 |
| Line item | Mar 2023 | Mar 2024 |
|---|---|---|
| Cash from operations | 18 | 10 |
| Cash from investing | -24 | -10 |
| Cash from financing | 6 | 0 |
| Net cash flow | 1 | 0 |
| Free cash flow | -6 | 7 |
| Line item | Mar 2023 | Mar 2024 |
|---|---|---|
| Debtor days | 61 | 97 |
| Inventory days | 0 | 0 |
| Cash conversion cycle | 61 | 97 |
| Working capital days | -32 | -8 |
| Return on capital employed | — | 13.0% |
| Dividend payout | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 66.54% as of Jun 2026; institutions added 0.02 pts since Mar 2026.
- Promoters 66.54%
- Foreign institutions 0.02%
- Public 33.44%
Who is on the register
Named in the Jun 2026 filing
Every holder of Aakash Exploration Services Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| 36.64% | unchanged | |
| 21.74% | unchanged | |
| 7.19% | unchanged | |
| 0.97% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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