Skip to content
thestock.space

As of 6 Nov 2026, Aakash Exploration Services trades at 22.2× trailing earnings, below the industry P/E of 28.7×, and the shares are 42% below their 52-week high. Sales grew 6.7% a year over 3 years while net profit fell 8.3%, with ROCE of 9.6% and ROE of 5.6%. Debt is 0.42× equity. It is a small-cap company with a market cap of ₹79 Cr, ranked 12th of 12 Oil & Gas Equipment & Services companies by market cap; the shares fell 14% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹7.65
Day high
₹7.80
Day low
₹7.57
Prev. close
₹7.77
Volume
22.5K

Health check

1 good · 1 fair · 4 to check
  • ReturnsBehind

    −14.0% over a year, better than 0 of 7 peers.

  • Price tagCheaper

    P/E 22.2 vs industry 28.7.

  • GrowthSlow

    Sales +6.7%, profit −8.3% a year over 3 years.

  • ProfitabilityWeak

    ROCE 9.6% vs peer median 13.3%.

  • Balance sheetFair

    Debt 0.42× equity, interest covered 3.5×, Piotroski 6 of 9.

  • Red flags2 to check

    Return on equity is low at 5.6%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Oil & Gas Equipment & Services

11 listed peers. Screen the industry

Small cap

₹79 Cr, #12 of 12 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹116 Cr · profit ₹3 Cr
Market cap
₹79 Cr
Small cap
P/E
22.2
Industry 28.7
Price to book
1.23
Peers 3.14
Dividend yield
0.00%
ROE
5.6%
Peers 15.0%
ROCE
9.6%
Peers 13.3%
Debt to equity
0.42
Debt ₹27 Cr
EPS (TTM)
₹0.35
Face value ₹1
OPM (TTM)
3.9%
Net margin 3.0%
Sales growth
+16.9%
Latest quarter vs a year ago
Profit growth
0.0%
Latest quarter vs a year ago
Price to sales
0.68
EV/EBITDA 7.4

Strengths and risks

Strengths

  • Quarterly sales up 16.9% on a year ago.
  • Positive operating cash flow in each of the last 4 years.

Risks to check

  • Return on equity is low at 5.6%.
  • 42% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Aakash Exploration Services

Aakash Exploration Services Limited provides oil and gas field services in India. It offers services using machinery, 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. The company also provides mobile high pressure air compressors, mobile high- and low-pressure pumping units, FRAC/ insulated tanks, and acid pumping…

Headquarters
Ahmedabad
Employees
1,487
Sector
Energy
ISIN
INE087Z01024
Website
aakashexploration.com

Price range

52 weeks

₹6.71₹13.40

Today

₹7.57₹7.80
Avg volume (3M)
1.1 L
1-year return
minus 14.0%
From 52-week high
minus 42.0%

Peers · Oil & Gas Equipment & Services

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
AEGISVOPAKAegis Vopak Terminals246.50plus 4.17%27,31296.344.77.9%52.6%0.9037.7%minus 13.7%
DOLPHINDolphin Offshore Enterprises (India)636.85minus 2.60%2,54833.937.413.3%44.7%0.42–plus 58.6%
ASIANENEAsian Energy Services401.65plus 0.34%1,95531.821.713.3%9.1%0.2693.4%plus 16.5%
JINDRILLJindal Drilling And Industries515.30minus 0.64%1,4937.83.813.3%21.8%0.0524.8%minus 11.3%
LIKHITHALikhitha Infrastructure211.45minus 2.47%83525.513.8–11.0%0.007.8%minus 8.8%
SOUTHWESTSouth West Pinnacle Exploration176.40minus 8.42%57613.510.822.7%20.8%0.3925.0%plus 7.2%
CRYOGENICCryogenic OGS374.45plus 4.99%53546.145.021.5%23.6%0.1422.8%plus 64.4%
AAKASHAakash Exploration Services7.770.00%7922.25.69.6%3.9%0.426.7%minus 14.0%
Median of 7 peers–−0.64%1,49331.821.713.3%21.8%0.2624.9%7.2%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrMar 25Sep 25Dec 25Mar 26Jun 26
25.823.931.232.627.9
25.222.929.830.228.2
0.611.32.5−0.3
2.4%4.2%4.2%7.5%−1.0%
0.40.30.20.61.5
0.60.60.40.40.5
0.40.71.12.70.7
28.3%25.0%25.4%29.6%26.2%
0.30.50.81.90.5
0.030.050.080.190.05

Jun 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+6.7%
Profit CAGR 3Y
−8.3%
ROE
5.6%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
92.692.298.2112
–minus 0.4%+6.5%+14.5%
7975.188.193.7
13.617.210.118.7
14.7%18.6%10.3%16.7%
1.50.60.91.2
1.71.821.9
77.67.29.6
−0.2−00.7−3.6
6.18.42.64.8
26.1%25.9%28.0%27.6%
4.56.21.83.5
–+36.8%minus 70.3%+90.1%
0.450.01––

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
10.110.110.110.1
42.248.450.253.8
24.42623.726.8
6.69.312.315.5
83.393.896.4106
635961.471
0000.1
1.37.83.30.1
1926.831.734.9
83.393.896.4106

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
18.510.28.214.4
−24−10.4−4.4−15.9
6.5−0.2−4.21.1
0.9−0.4−0.4−0.3
−24.1−3.5−9.1−19.3
−5.66.7−0.9−4.9

Shareholding pattern

Source: NSE filings
66.5%
promoters
  • Promoters66.54%
  • Public33.46%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202666.54%33.46%0.00
30 Jun 202666.54%33.46%0.00
31 Mar 202666.54%33.46%0.00
31 Dec 202566.54%33.46%0.00
30 Sep 202566.54%33.46%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you