AAKASH
Aakash Exploration Services financials
- Market cap
- ₹93 Cr
- Sector
- Oil, Gas & Consumable Fuels
What Aakash Exploration Services Limited does
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
Quarterly results
Q3 FY25: revenue up 7.1%, net profit down 36.6% against the same quarter last year.
| Line item | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20 | 18 | 21 | 22 | 31 +57% | 26 +42% | 23 +9% | 23 +7% |
| EBITDA | 4 | 3 | 4 | 3 | 7 +82% | 3 −4% | 2 −48% | 2 −21% |
| Net profit | 1 | 1 | 1 | 0 | 4 +231% | 1 +15% | 0 −91% | 0 −37% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −10.3% 1Y
1Y: ₹10.14 on 10 Sept 2025 → ₹9.1. High ₹11.9 (5 Mar 2026), low ₹7.68 (19 Feb 2026).
Financials, as filed
| Year ending | FY24 |
|---|---|
| Revenue | ₹92 Cr |
| Operating profit | ₹17 Cr |
| Operating margin | 18.5% |
| Interest | ₹2 Cr |
| Depreciation | ₹8 Cr |
| Net profit | ₹6 Cr |
| Net margin | 6.7% |
| Cash from operations | ₹10 Cr |
| Free cash flow | ₹7 Cr |
| ROCE | 13.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY23 | FY24 |
|---|---|---|
| Equity capital | ₹10 Cr | ₹10 Cr |
| Reserves | ₹42 Cr | ₹50 Cr |
| Borrowings | ₹24 Cr | ₹14 Cr |
| Other liabilities | ₹7 Cr | ₹13 Cr |
| Total liabilities | ₹83 Cr | ₹87 Cr |
| Fixed assets | ₹63 Cr | ₹56 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹3 Cr |
| Other assets | ₹20 Cr | ₹27 Cr |
| Total assets | ₹83 Cr | ₹87 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025.
- Promoters
- 66.5%
- FIIs
- 0.0%
- Public
- 33.4%
Since Jun 2025
- FIIs +0.02 pp
- Public −0.02 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 66.7%, Public 33.3%.Dec '23: Promoters 66.7%, FIIs 0.1%, Public 33.3%.Mar '24: Promoters 66.7%, FIIs 0.0%, Public 33.3%.Jun '24: Promoters 66.7%, Public 33.3%.Sep '24: Promoters 66.7%, Public 33.3%.Dec '24: Promoters 66.7%, Public 33.3%.Mar '25: Promoters 66.5%, Public 33.5%.Jun '25: Promoters 66.5%, Public 33.5%.Sep '25: Promoters 66.5%, Public 33.5%.Dec '25: Promoters 66.5%, Public 33.5%.Mar '26: Promoters 66.5%, Public 33.5%.Jun '26: Promoters 66.5%, FIIs 0.0%, Public 33.4%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Deval Energy Resources Private Limited newly disclosed 0.00% held
- Shree Sai Oil Field Services Private Limited newly disclosed 0.00% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
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 |
|---|---|---|
| Vipul Navinchandra Haria | 36.64% | unchanged |
| Hemang Navinbhai Haria | 21.74% | unchanged |
| Krunal Pravin Haria | 7.19% | unchanged |
| Bijal Vipul Haria | 0.97% | unchanged |
| Himanshu Navinchandra Haria | 0.00% | unchanged |
| Chaitali Jitendra Soni | 0.00% | unchanged |
| Krutika Pragnesh Shah | 0.00% | unchanged |
| Vihan Vipul Haria | 0.00% | unchanged |
| Kahaan Hemang Haria | 0.00% | unchanged |
| Ekaansh Krunal Haria | 0.00% | unchanged |
| Devni Hemang Haria | 0.00% | unchanged |
| Neha Himanshu Haria | 0.00% | 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.
Learn to analyse Aakash Exploration Services Limited
Guides on how to read this kind of business and the numbers that matter.