Aakash Exploration Services Ltd. (AAKASH) AI Stock Analysis

• Market Cap: ₹364.50M
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): ―
• Beta (1Y): N/A
• Revenue Growth: -3.89%
• EPS Growth: -74.11%
• Country: IN
• Employees: 1,252
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): 0.03
• Shares Outstanding: 101,250,000
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: -0.61
• Price to Book (P/B): 1.31
• Price to Sales (P/S): 0.80
• P/FCF Ratio: -91.48
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: ―

The score is driven primarily by weakened recent financial performance—declining revenue, sharply compressed margins, and a return to negative free cash flow—partly offset by a comparatively stable balance sheet with moderate leverage. Technical and valuation inputs were not available in the provided data, limiting their impact.

Positive Factors

Balance Sheet Health

A stable balance sheet with manageable leverage indicates financial stability, allowing the company to withstand economic fluctuations and invest in growth opportunities.

Equity Growth

Growing equity suggests a strengthening financial position, providing a cushion against potential downturns and supporting future investment and expansion.

Positive EBITDA Margin

Maintaining a positive EBITDA margin indicates operational efficiency and the ability to generate earnings before non-operating expenses, supporting long-term profitability.

Negative Factors

Revenue Decline

A decline in revenue suggests challenges in maintaining market share or demand, potentially impacting long-term growth prospects and competitive positioning.

Margin Compression

Margin compression indicates cost pressures or pricing challenges, which can erode profitability and reduce the company's ability to reinvest in its business.

Negative Free Cash Flow

Negative free cash flow suggests cash management issues, limiting the ability to fund operations, pay down debt, or invest in growth, potentially impacting financial flexibility.

Aakash Exploration Services Ltd. Business Overview & Revenue Model

Company Description

Aakash Exploration Services Limited provides support services for oil and gas extraction in India. It offers services using machineries, 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, mobile high pressure air compressors, mobile high and low pressure pumping units, and FRAC/ insulated tanks. The company was incorporated in 2007 and is headquartered in Ahmedabad, India.

How the Company Makes Money

Aakash Exploration Services Ltd. generates revenue through several key streams. Primarily, the company earns income from contract-based exploration services, which include geological surveys, drilling operations, and resource assessment projects for clients in the oil, gas, and mining sectors. Additionally, AAKASH offers consulting services that provide expert guidance on resource management and regulatory compliance, further diversifying its revenue sources. The company has established strategic partnerships with industry leaders and government agencies, enabling it to secure lucrative contracts and expand its market reach. Furthermore, AAKASH's investment in research and development leads to innovative service offerings, which enhances its competitive edge and contributes to its overall profitability.

Aakash Exploration Services Ltd. Financial Statement Overview

Summary

Aakash Exploration Services Ltd. is facing challenges in revenue growth and profitability, as evidenced by declining margins and negative revenue growth. While the balance sheet shows improved leverage and a strong equity position, cash flow issues, particularly negative free cash flow, pose a risk. The company needs to focus on improving operational efficiency and cash flow management to enhance its financial health.

Income Statement

The company has experienced a decline in revenue growth with a negative growth rate of -4.95% in the latest year. Gross profit margin has decreased from 46.44% to 40.05%, and net profit margin has also dropped significantly from 6.73% to 1.87%. These declines indicate challenges in maintaining profitability. However, the company still maintains a positive EBIT and EBITDA margin, suggesting some operational efficiency.

Balance Sheet

The company's debt-to-equity ratio has improved to 0.39, indicating a reduction in leverage compared to previous years. Return on equity has decreased to 3.05%, reflecting lower profitability. The equity ratio stands at 62.62%, showing a strong equity position relative to total assets, which is a positive indicator of financial stability.

Cash Flow

The company has faced challenges with its cash flow, as indicated by a negative free cash flow and a free cash flow to net income ratio of -10.46%. Operating cash flow to net income ratio is 24.66%, showing some ability to generate cash from operations, but the negative free cash flow growth is a concern.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	981.89M	981.89M	922.33M	925.77M	768.77M	597.73M
Gross Profit	316.99M	393.26M	428.31M	367.14M	362.27M	300.43M
EBITDA	62.42M	117.03M	177.09M	148.31M	158.35M	133.37M
Net Income	18.41M	18.41M	62.04M	45.36M	61.21M	41.36M
Balance Sheet
Total Assets	964.32M	964.32M	937.56M	833.35M	708.52M	656.94M
Cash, Cash Equivalents and Short-Term Investments	33.18M	33.18M	78.37M	12.56M	3.38M	42.90M
Total Debt	237.28M	237.28M	259.78M	244.43M	163.07M	184.25M
Total Liabilities	360.70M	360.70M	352.33M	310.33M	231.09M	242.14M
Stockholders Equity	603.62M	603.62M	585.23M	523.02M	477.43M	414.80M
Cash Flow
Free Cash Flow	0.00	-8.61M	66.82M	-56.14M	-6.04M	108.25M
Operating Cash Flow	0.00	82.29M	102.07M	184.98M	97.30M	140.27M
Investing Cash Flow	0.00	-44.20M	-103.89M	-240.34M	-71.33M	-59.38M
Financing Cash Flow	0.00	-42.25M	-2.37M	64.54M	-34.89M	-73.56M

Aakash Exploration Services Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DOLPHIN	69 Neutral	₹18.11B	34.20	―	―	212.48%	135.64%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
SELAN	65 Neutral	₹12.82B	10.92	―	―	0.34%	-12.23%
ZODIAC	57 Neutral	₹4.31B	20.97	―	0.25%	64.71%	48.65%
ASIANENE	55 Neutral	₹11.89B	36.49	―	0.34%	41.19%	-26.66%
GEPIL	52 Neutral	₹20.82B	-85.87	―	―	-23.00%	-195.78%
AAKASH	45 Neutral	₹364.50M	―	―	―	-3.89%	-74.11%