Asian Energy Services Limited (ASIANENE) AI Stock Analysis

• Market Cap: ₹13.35B
• Dividend Yield: 0.33%
• Average Volume (3M): 5.89K
• Price to Earnings (P/E): 41.0
• Beta (1Y): 1.34
• Revenue Growth: 41.19%
• EPS Growth: -26.66%
• Country: IN
• Employees: 307
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): -0.85
• Shares Outstanding: 44,774,445
• 10 Day Avg. Volume: 5,090
• 30 Day Avg. Volume: 5,891
• PEG Ratio: 0.63
• Price to Book (P/B): 3.16
• Price to Sales (P/S): 2.71
• P/FCF Ratio: -24.18
• 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): 1,917.93
• Revenue Forecast (FY): ₹307.76B

• Rating: 55 Neutral
• Price Target: ₹307.00 ▲(2.93% Upside)

The overall stock score for Asian Energy Services Limited is primarily influenced by its strong financial performance, despite challenges in cash flow generation. Technical analysis indicates bearish momentum, and the valuation suggests the stock may be overvalued. The lack of earnings call and corporate events data limits further insights.

Positive Factors

Revenue Growth

The significant revenue growth indicates robust demand for the company's services, suggesting strong market positioning and potential for continued expansion.

Low Financial Leverage

Low financial leverage enhances the company's resilience to economic fluctuations and provides flexibility for future investments or downturns.

Strong Equity Position

A strong equity position indicates a stable financial foundation, enabling the company to fund operations and growth initiatives effectively.

Negative Factors

Negative Cash Flow

Challenges in generating positive cash flow may limit the company's ability to invest in growth opportunities and meet financial obligations without relying on external financing.

Operational Efficiency

Suboptimal operational efficiency could hinder profit maximization and competitiveness, necessitating strategic improvements in cost management and process optimization.

Cash Conversion Issues

Difficulty in converting net income into free cash flow may signal underlying inefficiencies, impacting the company's ability to fund operations and growth internally.

Asian Energy Services Limited Business Overview & Revenue Model

Company Description

Asian Energy Services Limited provides services to energy and minerals sector in India and internationally. It offers services, including 2D/3D land seismic acquisition, transition zone acquisition, on-site data processing, borehole and multiclient seismic, seismic consulting and interpretation, and wireless seismic and data acquisition in real time. The company also operates and maintains onshore and offshore oil and gas facilities; and provides design, drilling management, fracturing, and completion solutions for vertical or directionally drilled wells. In addition, it offers various facilities, such as floating oil production units; floating, production, storage, and offloading; mobile oil production units; and onshore oil and gas terminals. The company was formerly known as Asian Oilfield Services Limited and changed its name to Asian Energy Services Limited in October 2020. The company was incorporated in 1992 and is based in Mumbai, India. Asian Energy Services Limited is a subsidiary of Oilmax Energy Private Limited.

How the Company Makes Money

ASIANENE generates revenue through multiple streams, primarily by providing specialized engineering and project management services to oil and gas companies. Its revenue model is heavily reliant on contracts for large-scale projects, including design and construction of energy facilities, which often span several years. Additionally, the company earns income from maintenance and support services for existing infrastructure. Key partnerships with major energy firms and government contracts further bolster its revenue, as these collaborations often lead to long-term service agreements. The company's focus on innovation and sustainability also opens up new revenue opportunities in renewable energy projects and technologies, aligning with global shifts towards cleaner energy solutions.

Asian Energy Services Limited Financial Statement Overview

Summary

Asian Energy Services Limited demonstrates strong revenue growth and prudent financial management, with low leverage and solid equity ratios. However, challenges in generating positive cash flow and room for improvement in operational efficiency are noted.

Income Statement

Asian Energy Services Limited has shown a strong revenue growth rate of 52.7% in the latest year, driven by a significant increase in their total revenue from the previous year. The Gross Profit Margin stands at 21.7%, indicating a stable profitability in operations. The Net Profit Margin improved to 9.1%, reflecting effective cost management. However, the EBIT Margin at 10.4% and EBITDA Margin at 16.7% suggest room for improvement in operational efficiency.

Balance Sheet

The company maintains a conservative Debt-to-Equity Ratio of 0.06, indicating low financial leverage and potential resilience against economic fluctuations. The Return on Equity (ROE) is strong at 10.6%, showing effective use of equity capital. The Equity Ratio at 67.3% underscores a solid financial position with substantial equity backing total assets.

Cash Flow

Despite a challenging operating cash flow position, with negative cash flow observed in the latest year, Asian Energy Services has managed to maintain a Free Cash Flow to Net Income Ratio of -1.2. This indicates potential issues in converting net income into free cash flow. However, the company’s financing activities have provided a healthy inflow, reflecting strategic financial management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	5.20B	4.65B	3.05B	1.09B	2.58B	2.27B
Gross Profit	1.12B	1.01B	403.91M	57.60M	773.46M	579.30M
EBITDA	678.24M	777.09M	461.86M	-215.88M	687.97M	484.58M
Net Income	456.22M	421.23M	254.67M	-443.57M	388.11M	225.72M
Balance Sheet
Total Assets	0.00	5.92B	3.84B	2.97B	3.38B	3.48B
Cash, Cash Equivalents and Short-Term Investments	960.74M	960.74M	423.17M	400.66M	502.20M	238.91M
Total Debt	0.00	240.62M	223.67M	211.50M	80.76M	41.58M
Total Liabilities	-3.99B	1.94B	1.06B	972.45M	964.45M	1.45B
Stockholders Equity	3.99B	3.99B	2.78B	1.99B	2.42B	2.03B
Cash Flow
Free Cash Flow	0.00	-520.92M	-785.02M	-39.36M	57.43M	-434.54M
Operating Cash Flow	0.00	-330.76M	-499.35M	-26.41M	481.14M	-68.06M
Investing Cash Flow	0.00	-332.53M	-73.90M	-191.75M	-497.66M	-321.29M
Financing Cash Flow	0.00	781.84M	499.20M	99.45M	57.81M	5.70M

Asian Energy Services Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 298.25
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ASIANENE, the sentiment is Negative. The current price of 298.25 is below the 20-day moving average (MA) of 323.52, below the 50-day MA of 334.45, and below the 200-day MA of 309.09, indicating a bearish trend. The MACD of -9.93 indicates Positive momentum. The RSI at 32.17 is Neutral, neither overbought nor oversold. The STOCH value of 16.38 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ASIANENE.

Asian Energy Services Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SOUTHWEST	71 Outperform	₹5.65B	21.88	―	0.39%	56.33%	160.76%
TNPETRO	66 Neutral	₹10.86B	13.82	―	1.15%	8.27%	195.27%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
SELAN	65 Neutral	₹19.50B	12.58	―	―	0.34%	-12.23%
SEAMECLTD	60 Neutral	₹22.24B	25.29	―	―	-12.66%	-44.61%
ASIANENE	55 Neutral	₹13.35B	40.97	―	0.33%	41.19%	-26.66%
INDOSOLAR	50 Neutral	₹24.12B	11.30	―	―	2412.32%	―

Asian Energy Services Limited Corporate Events

Asian Energy Services Undergoes Credit Rating Review Amid Strategic Moves

Asian Energy Services Limited announced that CRISIL Ratings Limited has placed its long-term banking facilities on ‘Rating Watch with Developing Implications’ following the proposed merger of its parent company, Oilmax Energy Private Limited, into AESL. The company has also completed the acquisition of the Kuiper Group, which, despite being debt-funded, is expected to maintain a comfortable financial risk profile. The rating reflects AESL’s strong market presence and financial health, but also highlights challenges such as competition and regulatory pressures.