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Asian Energy Services (ASIANENE) had a P/E of 31.8× on 6 Nov 2026, above the industry P/E of 28.7×, and the shares are 29% below their 52-week high. It earns ROCE of 13% and ROE of 15%, and sales grew 93% a year over 3 years. Its dividend yield is 0.3%, and debt is 0.26× equity. It is a small-cap company with a market cap of ₹1,955 Cr, ranked 3rd of 12 Oil & Gas Equipment & Services companies by market cap; the shares rose 17% 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
₹399.95
Day high
₹403.30
Day low
₹390.35
Prev. close
₹400.30
Volume
1.2 L

Health check

1 good · 4 fair · 1 to check
  • ReturnsIn line

    +16.5% over a year, better than 4 of 7 peers.

  • Price tagIn line

    P/E 31.8 vs industry 28.7.

  • GrowthStrong

    Sales +93.4% a year over 3 years.

  • ProfitabilityAverage

    ROCE 13.3% vs peer median 13.3%.

  • Balance sheetFair

    Debt 0.26× equity, interest covered 9.6×, Piotroski 5 of 9.

  • Red flags1 to check

    Promoter stake down from 61.0% to 56.1%.

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

₹1,955 Cr, #3 of 12 in its industry by size.

Moves with the market

Beta 0.91 vs the NIFTY 50: tracks the market closely.

Key metrics

Last 12 months to Jun 2026: sales ₹1,112 Cr · profit ₹78 Cr
Market cap
₹1,955 Cr
Small cap
P/E
31.8
Industry 28.7
Price to book
3.14
Peers 6.15
Dividend yield
0.31%
ROE
15.0%
Peers 17.7%
ROCE
13.3%
Peers 13.3%
Debt to equity
0.26
Debt ₹162 Cr
EPS (TTM)
₹12.62
Face value ₹10
OPM (TTM)
9.1%
Net margin 7.0%
Sales growth
+135.1%
Latest quarter vs a year ago
Profit growth
+115.3%
Latest quarter vs a year ago
Price to sales
1.76
EV/EBITDA 15.6

Strengths and risks

Strengths

  • Quarterly profit up 115.3% on a year ago.
  • Quarterly sales up 135.1% on a year ago.

Risks to check

  • Promoter stake down from 61.0% to 56.1%.

Derived automatically from reported figures. Not a recommendation.

About Asian Energy Services

Asian Energy Services Limited provides services to the energy, mineral, coal, and power sectors primarily in India and internationally. The company operates through Oil and Gas, and Mineral and Other Energy Sectors segments. It offers seismic services, including a national seismic program, carpet 3D, seismic WORK, 2D/3D land seismic acquisition, transition zone acquisition, on-site data processing, borehole and multiclient seismic, seismic consulting and…

Headquarters
Mumbai
Employees
434
Sector
Energy
ISIN
INE276G01015

Price range

52 weeks

₹230.00₹565.70

Today

₹390.35₹403.30
Avg volume (3M)
4.8 L
1-year return
plus 16.5%
From 52-week high
minus 29.0%

Peers · Oil & Gas Equipment & Services

Capital-heavy industry columns

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%
TRISHAKTTrishakti Industries289.05minus 4.71%48833.127.111.6%29.6%1.9113.4%plus 113.0%
Median of 7 peers–−2.47%83533.127.113.3%23.6%0.3923.8%7.2%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
115102235338271
10998.6212296254
6.83.423.742.616.8
5.9%3.3%10.1%12.6%6.2%
2.62.24.43.34.1
1.51.74.13.43.8
–−6.5−0.1−2.8–
7.8−2.723.939.717.1
28.2%−48.4%26.8%17.8%25.4%
5.6−3.817.43212
1.23-0.873.927.082.49

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+93.4%
ROE
15.0%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
109305464788
–+179.5%+52.4%+69.8%
129263399695
−19.741.865.492.4
−18.1%13.7%14.1%11.7%
37.78.27.7
12.11.88
221717.718.9
−4.9−1.72−4.4
−44.628.756.268.8
0.3%10.9%24.9%24.7%
−44.425.542.151.2
––+65.4%+21.4%
-11.776.489.7711.34

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
37.740.744.744.9
162237354449
21.122.424.1159
76.184.2170266
297384592918
95.7113118160
–1.22.646.1
6.26.212.5–
30.41238.3109
164252421603
297384592918

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−2.6−44.1−33.153
−19.2−12.4−33.3−159
9.949.178.2124
−11.9−7.411.917.1
−1.3−28.6−19−60.6
−3.9−72.7−52.1−7.7
–––−4.4

Shareholding pattern

Source: NSE filings
56.1%
promoters
  • Promoters56.10%
  • Public43.90%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202656.10%43.90%minus 0.04
30 Jun 202656.14%43.86%minus 0.02
5 May 202656.16%43.80%minus 4.59
31 Mar 202660.75%39.21%minus 0.22
31 Dec 202560.97%38.97%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you