ASIAN ENERGY SERVICES LTD

BSE: ASIANENE530355ISIN INE276G01015

Energy
Oil Equipment & Services
BSE Energy

Share price

₹407.05+8.90 (+2.24%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹565.40
52W low: ₹230.35
Off 52W high: -28.01%
1M return: -11.21%
3M return: +1.06%
6M return: +36.80%
1Y return: +18.48%
20D avg volume: 25,940
50 DMA: ₹467.39
200 DMA: ₹359.41

Key ratios Consolidated

Market cap: ₹1,997 Cr
Current price: ₹407.05
52W high / low: ₹565.40 / ₹230.35
Face value: ₹10.00
P/E: 24.76
P/B: 3.19
EPS (TTM): ₹16.44
Book value / share: ₹127.46
ROE: —
ROCE: 13.10%
Operating margin: —
Net margin: —
Debt / equity: 0.32
Net debt: ₹49.37 Cr
Interest cover: 7.13
Dividend yield: 0.31%
Dividend / share (TTM): ₹1.25
Payout: 7.60%
Cash conversion cycle: 54.6 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	266.67	271.19	338.23	235.45	102.00	115.37	215.44	91.69	97.72	60.19	118.73	94.83
	1.79	3.32	1.59	4.08	1.23	1.99	1.70	1.57	0.85	1.30	0.83	0.58
	268.47	274.50	339.83	239.53	103.23	117.36	217.13	93.25	98.57	61.49	119.56	95.42
	243.48	258.19	298.98	215.83	100.30	110.10	190.22	83.74	87.24	59.27	98.98	84.67
	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	0.00	—	—	—	—	—
	20.08	18.38	13.60	14.84	7.02	14.80	8.60	8.12	9.66	8.06	6.63	7.06
	3.64	3.76	3.36	4.08	1.71	1.50	1.55	0.67	0.60	1.00	0.51	0.66
	4.51	4.38	5.13	4.33	4.70	4.70	4.71	4.45	4.25	4.29	4.33	4.22
	215.23	231.49	276.89	192.76	86.85	89.04	175.02	4.55	4.66	4.43	4.83	3.81
	24.98	16.32	40.85	23.70	2.93	7.25	26.92	9.51	11.33	2.23	20.57	10.74
	0.00	0.00	-2.79	-0.07	-5.61	0.00	0.00	0.00	0.00	0.00	-1.67	-0.18
	24.98	16.32	38.06	23.63	-2.68	7.25	26.92	9.51	11.33	2.23	18.90	10.56
	6.89	4.35	7.08	6.41	1.30	2.22	6.58	2.96	3.52	0.95	4.56	2.49
	17.07	12.76	32.65	17.53	-3.04	5.63	22.55	8.25	9.30	2.06	14.67	13.75
	3.41	2.53	7.14	3.92	-0.87	1.24	5.04	1.85	2.20	0.51	3.62	3.60
Key metrics
	33.13	24.46	46.55	32.04	3.73	13.45	33.18	14.63	16.18	7.52	23.74	15.44
	12.40%	9.00%	13.80%	13.60%	3.70%	11.70%	15.40%	16.00%	16.60%	12.50%	20.00%	16.30%
	6.40%	4.70%	9.70%	7.40%	-3.00%	4.90%	10.50%	9.00%	9.50%	3.40%	12.40%	14.50%
	4.10%	—	7.10%	—	-0.20%	—	6.90%	—	—	—	—	—
	161.40%	135.10%	57.00%	156.80%	4.40%	91.70%	81.50%	-3.30%	—	—	—	—
	661.50%	126.60%	44.80%	112.50%	-132.70%	173.30%	53.70%	-40.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,112	791.05	465.04	305.06	109.95	260.47
	10.78	8.89	5.41	6.22	4.10	2.83
	1,122	799.94	470.45	311.29	114.05	263.30
	1,016	725.21	420.46	282.33	153.16	222.63
	0.00	0.00	0.00	—	—	—
	0.00	0.00	0.00	—	—	—
	66.90	42.25	34.45	26.53	28.59	21.87
	14.84	10.65	3.83	2.06	2.46	0.81
	18.35	18.86	17.71	17.02	21.97	27.69
	916.37	653.55	364.37	16.01	18.91	19.71
	105.85	74.73	49.99	28.96	-39.11	40.67
	-2.86	-9.40	0.00	-1.85	-6.07	0.00
	102.99	65.33	49.99	27.11	-45.18	40.67
	24.73	17.00	14.01	3.13	0.12	1.86
	80.01	51.84	42.16	25.55	-44.44	38.81
	17.00	11.43	9.79	6.64	-11.77	10.25
Key metrics
	136.18	94.84	71.53	46.19	-20.75	69.17
	12.25%	12.00%	15.40%	15.10%	-18.90%	26.60%
	7.20%	6.60%	9.10%	8.40%	-40.40%	14.90%
	—	13.10%	13.00%	—	—	—
	111.92%	70.10%	52.40%	177.50%	-57.80%	—
	139.62%	23.00%	65.00%	157.50%	-214.50%	—
	—	-7.66	-29.75	—	—	—
	—	1.02	-0.25	—	—	—
	—	0.32	0.06	—	—	—
	—	49.37	3.79	—	—	—
	—	54.6	64.4	—	—	—
Balance sheet
	—	918.41	592.46	—	—	—
	—	715.10	363.49	—	—	—
	—	108.75	19.93	—	—	—
	—	347.73	224.42	—	—	—
	—	0.29	0.18	—	—	—
	—	51.71	35.12	—	—	—
	—	114.21	114.92	—	—	—
	—	229.58	142.44	—	—	—
	—	338.81	178.95	—	—	—
	—	158.12	23.72	—	—	—
	—	85.88	17.38	—	—	—
	—	72.24	6.34	—	—	—
	—	494.98	398.81	—	—	—
Cash flow
	—	52.98	-10.73	—	—	—
	—	-159.49	-58.48	—	—	—
	—	123.61	81.07	—	—	—
	—	60.64	19.02	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	129.55	149.28	207.13	108.23	61.04	115.37	214.48	91.69	97.72	60.19	118.73	94.83
	2.01	2.46	2.38	3.18	1.71	1.84	1.73	1.57	0.84	1.27	0.65	0.62
	131.56	151.74	209.51	111.41	62.75	117.21	216.21	93.26	98.56	61.47	119.37	95.46
	110.75	138.90	174.90	92.50	60.07	108.88	189.10	82.23	85.10	58.06	97.92	83.36
	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	0.00	—	—	—	—	—
	11.61	11.47	7.24	7.39	3.63	14.74	8.55	8.06	9.58	8.03	6.58	6.94
	1.78	1.82	1.84	2.20	1.07	1.33	1.38	0.50	0.43	0.84	0.38	0.51
	4.20	4.10	4.48	3.93	4.00	4.06	4.07	3.81	3.62	3.67	3.71	3.59
	93.15	121.34	161.35	79.17	51.35	88.68	174.76	—	4.33	4.06	4.55	3.40
	20.81	12.84	34.60	18.91	2.68	8.33	27.12	11.04	13.46	3.41	21.46	12.10
	0.00	0.00	-2.72	0.00	0.00	0.00	0.00	—	—	—	—	—
	20.81	12.84	31.89	18.91	2.68	8.33	27.12	11.04	13.46	3.41	21.46	12.10
	5.72	3.29	9.20	4.70	0.84	2.22	6.56	2.96	3.52	0.95	4.56	2.49
	15.09	9.55	22.69	14.21	1.84	6.11	20.56	8.07	9.95	2.46	16.90	14.59
	3.12	2.02	5.07	3.18	0.41	1.37	4.60	1.81	2.36	0.60	4.20	3.78
Key metrics
	26.79	18.76	38.21	25.04	7.75	13.72	32.57	15.35	17.51	7.92	25.55	16.20
	20.70%	12.60%	18.40%	23.10%	12.70%	11.90%	15.20%	16.70%	17.90%	13.20%	21.50%	17.10%
	11.60%	6.40%	11.00%	13.10%	3.00%	5.30%	9.60%	8.80%	10.20%	4.10%	14.20%	15.40%
	3.70%	—	7.00%	—	0.90%	—	6.90%	—	—	—	—	—
	112.20%	29.40%	-3.40%	18.00%	-37.50%	91.70%	80.60%	-3.30%	—	—	—	—
	720.10%	56.30%	10.40%	76.10%	-81.50%	148.40%	21.70%	-44.70%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	594.19	491.77	464.08	305.06	109.87	254.14
	10.03	9.12	5.42	4.56	3.85	13.95
	604.22	500.88	469.50	309.62	113.72	268.09
	517.05	436.35	414.48	277.82	141.09	203.45
	0.00	0.00	0.00	—	—	—
	0.00	0.00	0.00	—	—	—
	37.71	25.00	34.22	26.23	28.13	21.53
	7.64	6.45	3.16	1.78	2.48	0.81
	16.71	16.47	15.17	14.43	17.76	17.16
	455.01	388.56	361.82	14.75	17.73	18.93
	87.16	64.53	55.03	31.80	-27.36	64.64
	-2.72	-2.72	0.00	—	-2.08	—
	84.45	61.81	55.03	31.80	-29.45	64.64
	22.91	16.96	13.99	3.10	0.17	1.86
	61.54	44.85	41.04	28.70	-29.28	62.78
	13.39	10.02	9.54	7.48	-7.77	16.59
Key metrics
	108.80	84.73	73.36	48.01	-9.21	82.61
	18.31%	17.20%	15.80%	15.70%	-8.40%	32.50%
	10.36%	9.10%	8.80%	9.40%	-26.60%	24.70%
	—	14.20%	14.10%	—	—	—
	23.13%	6.00%	52.10%	177.70%	-56.80%	—
	68.23%	9.30%	43.00%	198.00%	-146.60%	—
	—	-30.33	-29.96	—	—	—
	—	0.58	-0.27	—	—	—
	—	0.14	0.06	—	—	—
	—	21.13	6.78	—	—	—
	—	48.5	68.7	—	—	—
Balance sheet
	—	700.64	580.36	—	—	—
	—	516.10	353.46	—	—	—
	—	41.56	16.93	—	—	—
	—	230.60	220.60	—	—	—
	—	0.29	0.18	—	—	—
	—	40.07	31.97	—	—	—
	—	111.80	114.39	—	—	—
	—	165.61	133.32	—	—	—
	—	220.92	168.98	—	—	—
	—	62.69	23.71	—	—	—
	—	38.98	17.37	—	—	—
	—	23.71	6.34	—	—	—
	—	447.58	396.68	—	—	—
Cash flow
	—	26.04	-10.94	—	—	—
	—	-30.36	-32.74	—	—	—
	—	28.95	53.03	—	—	—
	—	56.37	19.02	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +64.80%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +23.13%
Profit YoY (TTM): +68.23%

Consolidated

Sales CAGR 3Y: +93.05%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +111.92%
Profit YoY (TTM): +139.62%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 56.10%

Quarter	September 2026	June 2026
Promoter %	56.10%	56.14%

Holder	Type	Holding	Previous	Change
Oilmax Energy Private Limited	Promoter	55.97%	56.01%	-0.04%
Chartered Finance & Leasing Limited	Public	3.90%	3.91%	-0.01%
Anantroop Financial Advisory Services Private Limited	Public	1.54%	1.54%	0.00%
Titagarh Enterprises Limited	Public	1.35%	1.35%	0.00%
Ashish Agarwal	Public	1.18%	—	—
Ashish Kacholia	Public	1.18%	1.18%	0.00%
Harit Exports Pvt Ltd	Public	1.03%	1.03%	0.00%
Meenakshi Mohit Agrawal	Public	1.03%	1.03%	0.00%
Ritu Garg	Promoter	0.13%	0.13%	0.00%
Krishna Madhav Oil and Gas Private Limited	Promoter Group	0.00%	0.00%	0.00%
Optimum Oil & Gas Private Limited	Promoter Group	0.00%	0.00%	0.00%
Ivorene Oil Services Nigeria Limited	Promoter Group	0.00%	0.00%	0.00%
AOSL Energy Services Limited	Promoter Group	0.00%	0.00%	0.00%
Kuiper International Pte Ltd.	Promoter Group	0.00%	0.00%	0.00%
Energia Consultancy LLP	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Deep Industries Limited	4,153	648.90	17.71	6.90%	+40.67% TTM	+997.74% TTM	+30.72%
ASIAN ENERGY SERVICES LTD	1,997	407.05	24.76	13.10%	+111.92% TTM	+139.62% TTM	+18.48%
Oil Country Tubular Ltd. S	369	70.99	-5.67	-21.50%	-48.58% TTM	-110.72% TTM	+8.48%
DHP India Ltd. S	146	488.05	13.08	6.70%	+13.78% TTM	-84.13% TTM	-19.86%
Duke Offshore Ltd. S	110	111.95	-189.75	-14.40%	—	—	+647.33%

Filings & corporate actions

Recent announcements

Asian Energy Services Limited has informed the Exchange about the Audio recording of Earnings Conference Call pertaining to Financial Results for Q2 & H1 FY27.31 Oct 2026 · Company Update / Analyst / Investor Meet
Asian Energy Services Limited has informed the Exchange about the Newspaper Advertisement for un-audited Financial Results for the quarter and half year ended September 30, 202631 Oct 2026 · Company Update / Newspaper Publication
Asian Energy Services Limited has informed the Exchange about Monitoring Agency Report for the quarter ended September 30, 2026.30 Oct 2026 · Company Update / Monitoring Agency Report
Asian Energy Services Limited has informed the Exchange about investor presentation in respect of unaudited financial results for the quarter ended September 30, 2026.30 Oct 2026 · Company Update / Investor Presentation
Asian Energy Services Limited has submitted the Press Release in respect of Financial Results for the quarter and half year ended September 30, 2026.30 Oct 2026 · Company Update / Press Release / Media Release
Asian Energy Services Limited has informed the Exchange about the Outcome of the Board Meeting for approval of Standalone and Consolidated Financial Results for the quarter and half year ....30 Oct 2026 · Board Meeting / Outcome of Board Meeting
Asian Energy Services Limited has informed the Exchange about the Credit Rating updated by Crisil Ratings Limited ("CRISIL") on the Banking Facilities.28 Oct 2026 · Company Update / Credit Rating
Asian Energy Services Limited has informed the Exchange about Schedule of Earnings Conference Call on Friday, 30th October, 2026 at 6:00 PM (IST)27 Oct 2026 · Company Update / Analyst / Investor Meet
Asian Energy Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2026 ,inter alia, to consider and approve unaudited Financial Results ....26 Oct 2026 · Board Meeting / Board Meeting
Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 - Execution of Revenue Sharing Contract for Contract Area GK/OSDSF/GKOSN/2025 ....23 Oct 2026 · Company Update / General
Asian Energy Services Limited has informed the Exchange about Receipt of certified true copy of the final order by the Hon''ble National Company Law Tribunal, Mumbai Bench (''Hon''ble Tribunal'') ....15 Oct 2026 · Company Update / Scheme of Arrangement
Asian Energy Services Limited has informed the Exchange about the Compliance Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ....9 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Asian Energy Services Limited has informed the exchange about the Pronouncement of order by the Hon''ble National Company Law Tribunal, Mumbai Bench (''NCLT'' or ''Hon''ble Tribunal'') ....30 Sep 2026 · Company Update / Scheme of Arrangement
Asian Energy Services Limited has informed the exchange regarding the trading window closure for the quarter and half year ending on September 30, 2026 pursuant to SEBI (PIT) Regulations, 2015.29 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Asian Energy Services Limited has informed the Exchange regarding the voting result along with scrutinizer''s report for the 33rd Annual General Meeting pursuant to regulation 44 of SEBI ....25 Sep 2026 · AGM/EGM / AGM
Asian Energy Services Limited has informed the Exchange regarding the proceedings of 33rd Annual General Meeting held on September 24, 202624 Sep 2026 · AGM/EGM / AGM
Asian Energy Services Limited has informed the Exchange about Schedule of Analyst/Investor meeting on Monday, September 28, 2026.24 Sep 2026 · Company Update / Analyst / Investor Meet
Asian Energy Services Limited has informed the exchange about Receipt of Letter of Intent by Oilmax Energy Private Limited ("OEPL"- Holding/Amalgamating Company) for the Pakro Vanadium ....7 Sep 2026 · Company Update / General
Asian Energy Services Limited has informed the Exchange about Schedule of Analyst/Investor meet on Tuesday September 8, 2026.3 Sep 2026 · Company Update / Analyst / Investor Meet
Asian Energy Services Limited has informed the Exchange about Newspaper Publication of Notice of 33rd Annual General Meeting ("AGM") and remote e-voting information.3 Sep 2026 · Company Update / Newspaper Publication
Intimation of record date for the purpose of final dividend as per regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.2 Sep 2026 · Corp. Action / Record Date
Please find attached the intimation regarding Annual Report pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the Financial Year 2025-26.2 Sep 2026 · Others / Reg. 34 (1) Annual Report
Asian Energy Services Limited has informed the exchange regarding notice of 33rd Annual General Meeting to be held on Thursday, 24 September, 2026.2 Sep 2026 · AGM/EGM / AGM
Asian Energy Services Limited infromed the Exchange about Award of Hydrocarbon Contract Area to Oilmax Energy Private Limited (OEPL - Holding/ Amalgamating Company) under DSF Bid Round -IV1 Sep 2026 · Company Update / General
Intimaiton under Regulation 30 for Resignation of Senior Management Personnel of the Company31 Aug 2026 · Company Update / Change in Management
Public Announcement & Newspaper Publication of Infromation on 33rd Annual General Meeting to be held on Thursday, 24th September, 2026 through Video Conferencing (VC)/ Other Audio- Visual ....27 Aug 2026 · Company Update / Newspaper Publication
Intimation Under regulation 30 of SEBI Regulations, 2015 for sale of 26% Equity Shareholding in AOSL Energy Services Limited (AOSL).21 Aug 2026 · Company Update / General
Newspaper Advertisement for unaudited standalone and consolidated Financial Results of the company for the quarter ended 30th June, 2026.14 Aug 2026 · Company Update / Newspaper Publication
Monitoring Agency Report for the quarter ended 30th June, 2026 pursunat to Regulation 32(6) of the SEBI (LODR) , Regulations, 201513 Aug 2026 · Company Update / Monitoring Agency Report
Press Release titled "Asian Energy Delivers a strong start to FY27; Q1 profit surges by 129% to Rs. 12.8 Crores; Business growth momentum continues.13 Aug 2026 · Company Update / Press Release / Media Release
Investor Presentation in respect of unaudited financial results for the quarter ended 30th June, 202613 Aug 2026 · Company Update / Investor Presentation
Outcome of the Board meeting Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the approval of Standalone and Consolidated Financial ....13 Aug 2026 · Board Meeting / Outcome of Board Meeting
Asian Energy Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2026 ,inter alia, to consider and approve unaudited financial results ....5 Aug 2026 · Board Meeting / Board Meeting
Credit Rating update by Crisil Ratings Limited on the Banking facilities of Asian Energy Services Limited.30 Jul 2026 · Company Update / Credit Rating
Newspaper publication with regards to the Notice of hearing of the Company Scheme Petition on 7th August, 2026, pursuant to the directions of the Hon''ble National Company Law Tribunal, ....18 Jul 2026 · Company Update / Newspaper Publication
Confirmation Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th June, 2026.13 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Closure of Trading Window under SEBI (Prohibition of Insider Trading) Regulations, 201530 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Disclosure of Voting Results and Report of the Scrutinizer for Postal Ballot pursuant to Regulation 44 of the SEBI LODR Regulations, 2015.26 Jun 2026 · AGM/EGM / Postal Ballot
Press Release titled "Asian Energy Bags Rs. 187.6 Crore Gujarat Power EPC Contract, Expands Beyond Coal India".22 Jun 2026 · Company Update / Press Release / Media Release
Declaration of voting results and report of the scrutinizer in respect of resolution passed at the NCLT convened meeting of the Company held on Friday, 12th June, 2026.15 Jun 2026 · AGM/EGM / Court Convened Meeting

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.2500	17 Sep 2026	17 Sep 2026	—
Final Dividend - Rs. - 1.0000	19 Sep 2025	19 Sep 2025	—

Board meetings

30 Oct 2026 Board Meeting - Financial Results
13 Aug 2026 Board Meeting - Financial Results