Asian Energy Services Limited (ASIANENE) AI Stock Analysis

• Market Cap: ₹15.04B
• Dividend Yield: 0.3%
• Average Volume (3M): 29.64K
• Price to Earnings (P/E): 31.6
• Beta (1Y): 1.37
• Revenue Growth: 62.96%
• EPS Growth: 29.03%
• Country: IN
• Employees: 307
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): 1.24
• Shares Outstanding: 44,774,445
• 10 Day Avg. Volume: 15,351
• 30 Day Avg. Volume: 29,637
• 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: ₹356.00
• Price Target Upside: 6.02% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 62 Neutral
• Price Target: ₹356.00 ▲(6.02% Upside)

Asian Energy Services Limited shows strong financial management and revenue growth, which are significant positives. However, the stock's valuation appears high, and technical indicators suggest a bearish trend. The lack of positive cash flow and operational efficiency improvements are areas of concern. Overall, the stock is moderately positioned within its industry, with potential for improvement if cash flow issues are addressed.

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

Asian Energy Services Limited generates revenue through a diversified portfolio of services within the energy sector. Its primary revenue streams include seismic data acquisition, which involves the collection and analysis of subsurface data for oil and gas exploration, and integrated project management services that oversee various aspects of energy projects from planning to execution. The company also provides drilling services, which are crucial in the exploration and extraction of oil and gas. Additionally, strategic partnerships with major oil and gas companies and government contracts play a significant role in sustaining and enhancing its revenue. By leveraging its expertise in project management and technical services, the company is able to secure long-term contracts, ensuring a steady flow of income.

Asian Energy Services Limited Financial Statement Overview

Summary

Asian Energy Services Limited exhibits 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 slightly dampen the overall financial performance.

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	691.65M	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: Positive
• Last Price: 335.80
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• 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 Positive. The current price of 335.8 is below the 20-day moving average (MA) of 351.05, below the 50-day MA of 343.59, and above the 200-day MA of 314.91, indicating a neutral trend. The MACD of -3.87 indicates Positive momentum. The RSI at 45.23 is Neutral, neither overbought nor oversold. The STOCH value of 13.14 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
SELAN	73 Outperform	₹8.26B	12.32	15.75%	―	22.05%	46.02%
SEAMECLTD	69 Neutral	₹23.17B	20.06	8.89%	―	-13.53%	-19.71%
SOUTHWEST	68 Neutral	₹3.93B	21.96	9.63%	0.57%	35.81%	71.41%
TNPETRO	64 Neutral	₹9.79B	12.46	6.40%	1.11%	8.83%	58.08%
ASIANENE	62 Neutral	₹15.04B	31.64	―	0.30%	62.96%	29.03%
INDOSOLAR	57 Neutral	₹23.22B	13.15	135.55%	―	―	―
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%

Asian Energy Services Limited Corporate Events

Asian Energy Secures Rs 865 Crore Contract with Vedanta

Asian Energy Services Limited has secured an Integrated Service Contract worth approximately Rs 865 crores from Vedanta Limited, to be executed over 57 months. This contract highlights AESL’s strong focus on operational excellence and its reputation as a preferred partner in the energy sector, reaffirming confidence in their ability to manage critical infrastructure safely and efficiently.