Annuncio • Aug 04
Aakash Exploration Services Limited to Report Q1, 2027 Results on Aug 11, 2026 Aakash Exploration Services Limited announced that they will report Q1, 2027 results on Aug 11, 2026 Buy Or Sell Opportunity • Jun 29
Now 21% undervalued Over the last 90 days, the stock has risen 10% to ₹8.71. The fair value is estimated to be ₹10.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has declined by 28%. New Risk • May 31
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 15% per year over the past 5 years. Market cap is less than US$10m (₹897.1m market cap, or US$9.45m). Reported Earnings • May 15
Full year 2026 earnings released: EPS: ₹0.35 (vs ₹0.18 in FY 2025) Full year 2026 results: EPS: ₹0.35 (up from ₹0.18 in FY 2025). Revenue: ₹1.14b (up 16% from FY 2025). Net income: ₹35.0m (up 90% from FY 2025). Profit margin: 3.1% (up from 1.9% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Annuncio • May 01
Aakash Exploration Services Limited to Report Q4, 2026 Results on May 12, 2026 Aakash Exploration Services Limited announced that they will report Q4, 2026 results on May 12, 2026 New Risk • Mar 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Share price has been highly volatile over the past 3 months (9.2% average weekly change). Earnings have declined by 13% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin). Market cap is less than US$100m (₹1.20b market cap, or US$13.1m). Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹9.92, the stock trades at a trailing P/E ratio of 52.9x. Average trailing P/E is 20x in the Energy Services industry in India. Total returns to shareholders of 44% over the past three years. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹0.08 (vs ₹0.025 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.08 (up from ₹0.025 in 3Q 2025). Revenue: ₹313.7m (up 34% from 3Q 2025). Net income: ₹8.05m (up 213% from 3Q 2025). Profit margin: 2.6% (up from 1.1% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Annuncio • Feb 05
Aakash Exploration Services Limited to Report Q3, 2026 Results on Feb 12, 2026 Aakash Exploration Services Limited announced that they will report Q3, 2026 results on Feb 12, 2026 New Risk • Nov 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹889.0m (US$9.97m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings have declined by 9.1% per year over the past 5 years. High level of non-cash earnings (22% accrual ratio). Market cap is less than US$10m (₹889.0m market cap, or US$9.97m). Minor Risk Profit margins are more than 30% lower than last year (1.4% net profit margin). New Risk • Nov 19
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings have declined by 9.1% per year over the past 5 years. High level of non-cash earnings (22% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.4% net profit margin). Market cap is less than US$100m (₹908.2m market cap, or US$10.3m). New Risk • Sep 26
New major risk - Revenue and earnings growth Earnings have declined by 5.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.0% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (₹1.00b market cap, or US$11.3m). Annuncio • Aug 28
Aakash Exploration Services Limited, Annual General Meeting, Sep 22, 2025 Aakash Exploration Services Limited, Annual General Meeting, Sep 22, 2025, at 11:00 Indian Standard Time. Location: posh urban, 1st floor,dev, business hub, near government, engineering college,visat, gandhinagar rd,ahmedabad - 380005, ahmedabad India New Risk • Aug 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.2% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Market cap is less than US$100m (₹1.03b market cap, or US$11.8m). New Risk • Jun 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 7.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.5% average weekly change). Minor Risk Market cap is less than US$100m (₹982.1m market cap, or US$11.3m). Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 38% After last week's 38% share price gain to ₹11.64, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 22x in the Energy Services industry in India. Total loss to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹7.47, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 21x in the Energy Services industry in India. Total loss to shareholders of 71% over the past three years. New Risk • Feb 25
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹849.5m (US$9.74m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Jan 27
Third quarter 2025 earnings released: EPS: ₹0.025 (vs ₹0.04 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.025 (down from ₹0.04 in 3Q 2024). Revenue: ₹233.5m (up 7.1% from 3Q 2024). Net income: ₹2.58m (down 37% from 3Q 2024). Profit margin: 1.1% (down from 1.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Annuncio • Jan 24
Aakash Exploration Services Limited to Report Q3, 2025 Results on Jan 24, 2025 Aakash Exploration Services Limited announced that they will report Q3, 2025 results on Jan 24, 2025 Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹11.26, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 22x in the Energy Services industry in India. Total loss to shareholders of 56% over the past three years. Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: ₹0.011 (vs ₹0.12 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.011 (down from ₹0.12 in 2Q 2024). Revenue: ₹234.3m (up 10% from 2Q 2024). Net income: ₹1.09m (down 91% from 2Q 2024). Profit margin: 0.5% (down from 5.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Annuncio • Aug 30
Aakash Exploration Services Limited, Annual General Meeting, Sep 25, 2024 Aakash Exploration Services Limited, Annual General Meeting, Sep 25, 2024, at 10:30 Indian Standard Time. Location: posh urban, 1st floor,dev, business hub, near government, engineering college,visat, gandhinagar rd,ahmedabad - 380005, ahmedabad India Reported Earnings • Aug 07
First quarter 2025 earnings released: EPS: ₹0.12 (vs ₹0.10 in 1Q 2024) First quarter 2025 results: EPS: ₹0.12 (up from ₹0.10 in 1Q 2024). Revenue: ₹265.4m (up 45% from 1Q 2024). Net income: ₹12.0m (up 16% from 1Q 2024). Profit margin: 4.5% (down from 5.7% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹14.16, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 42x in the Energy Services industry in India. Total loss to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹12.66, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 40x in the Energy Services industry in India. Total loss to shareholders of 30% over the past three years. Valuation Update With 7 Day Price Move • May 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹12.15, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 46x in the Energy Services industry in India. Total loss to shareholders of 23% over the past three years. Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹9.95, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 27x in the Energy Services industry in India. Total loss to shareholders of 23% over the past three years. Reported Earnings • Feb 17
Third quarter 2024 earnings released: EPS: ₹0.04 (vs ₹0.095 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.04 (down from ₹0.095 in 3Q 2023). Revenue: ₹218.5m (down 21% from 3Q 2023). Net income: ₹4.07m (down 58% from 3Q 2023). Profit margin: 1.9% (down from 3.5% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹10.50, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 26x in the Energy Services industry in India. Total loss to shareholders of 1.6% over the past three years. New Risk • Dec 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (₹901.1m market cap, or US$10.8m). Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹8.10, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 27x in the Energy Services industry in India. Total returns to shareholders of 48% over the past three years. Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: ₹0.12 (vs ₹0.13 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.12 (down from ₹0.13 in 2Q 2023). Revenue: ₹213.3m (down 20% from 2Q 2023). Net income: ₹12.6m (down 2.8% from 2Q 2023). Profit margin: 5.9% (up from 4.8% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹6.75, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 20x in the Energy Services industry in India. Total returns to shareholders of 27% over the past three years. Reported Earnings • Aug 13
First quarter 2024 earnings released: EPS: ₹0.10 (vs ₹0.12 in 1Q 2023) First quarter 2024 results: EPS: ₹0.10 (down from ₹0.12 in 1Q 2023). Revenue: ₹183.6m (down 7.1% from 1Q 2023). Net income: ₹10.4m (down 15% from 1Q 2023). Profit margin: 5.6% (down from 6.2% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jun 13
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 44% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹622.7m market cap, or US$7.56m). Minor Risks High level of debt (44% net debt to equity). Profit margins are more than 30% lower than last year (4.8% net profit margin). Reported Earnings • May 31
Full year 2023 earnings released: EPS: ₹0.45 (vs ₹0.60 in FY 2022) Full year 2023 results: EPS: ₹0.45 (down from ₹0.60 in FY 2022). Revenue: ₹940.6m (up 22% from FY 2022). Net income: ₹45.4m (down 26% from FY 2022). Profit margin: 4.8% (down from 8.0% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to ₹8.35, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 15x in the Energy Services industry in India. Total returns to shareholders of 87% over the past three years. Reported Earnings • Feb 09
Third quarter 2023 earnings released: EPS: ₹0.10 (vs ₹0.13 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.10 (down from ₹0.13 in 3Q 2022). Revenue: ₹276.9m (up 26% from 3Q 2022). Net income: ₹9.69m (down 24% from 3Q 2022). Profit margin: 3.5% (down from 5.8% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 14% per year. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹8.10, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 18x in the Energy Services industry in India. Total returns to shareholders of 167% over the past three years. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹0.13 (vs ₹0.13 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.13 (down from ₹0.13 in 2Q 2022). Revenue: ₹267.5m (up 48% from 2Q 2022). Net income: ₹12.9m (down 4.8% from 2Q 2022). Profit margin: 4.8% (down from 7.5% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Divyang Rameshchandra Patel was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: ₹0.13 (vs ₹0.13 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.13 (down from ₹0.13 in 2Q 2022). Revenue: ₹267.5m (up 48% from 2Q 2022). Net income: ₹12.9m (down 4.8% from 2Q 2022). Profit margin: 4.8% (down from 7.5% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹10.95, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 21x in the Energy Services industry in India. Total returns to shareholders of 413% over the past three years. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹12.85, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 23x in the Energy Services industry in India. Total returns to shareholders of 995% over the past three years. Valuation Update With 7 Day Price Move • Sep 12
Investor sentiment improved over the past week After last week's 18% share price gain to ₹14.60, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 24x in the Energy Services industry in India. Total returns to shareholders of 1,144% over the past three years. Reported Earnings • Aug 09
First quarter 2023 earnings released: EPS: ₹0.12 (vs ₹0.15 in 1Q 2022) First quarter 2023 results: EPS: ₹0.12 (down from ₹0.15 in 1Q 2022). Revenue: ₹197.6m (up 27% from 1Q 2022). Net income: ₹12.2m (down 22% from 1Q 2022). Profit margin: 6.2% (down from 10% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 124% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Jul 03
Whole Time Director recently sold ₹3.1m worth of stock On the 29th of June, Krunal Haria sold around 200k shares on-market at roughly ₹15.74 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹8.6m. Insiders have been net sellers, collectively disposing of ₹160m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ₹16.85, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 14x in the Energy Services industry in India. Total returns to shareholders of 1,049% over the past three years. Recent Insider Transactions • Jun 09
CFO & Whole Time Director recently sold ₹1.9m worth of stock On the 3rd of June, Hemang Haria sold around 100k shares on-market at roughly ₹18.70 per share. In the last 3 months, they made an even bigger sale worth ₹5.6m. Hemang has been a seller over the last 12 months, reducing personal holdings by ₹69m. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improved over the past week After last week's 24% share price gain to ₹21.25, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 16x in the Energy Services industry in India. Total returns to shareholders of 1,286% over the past three years. Valuation Update With 7 Day Price Move • May 25
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹16.85, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 12x in the Energy Services industry in India. Total returns to shareholders of 999% over the past three years. Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹23.05, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 12x in the Energy Services industry in India. Total returns to shareholders of 1,403% over the past three years. Recent Insider Transactions • May 09
MD & Chairman recently sold ₹2.8m worth of stock On the 5th of May, Vipul Haria sold around 100k shares on-market at roughly ₹27.52 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹11m. Vipul has been a seller over the last 12 months, reducing personal holdings by ₹32m. Reported Earnings • May 02
Full year 2022 earnings released: EPS: ₹0.62 (vs ₹0.41 in FY 2021) Full year 2022 results: EPS: ₹0.62 (up from ₹0.41 in FY 2021). Revenue: ₹773.9m (up 30% from FY 2021). Net income: ₹61.2m (up 48% from FY 2021). Profit margin: 7.9% (up from 6.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 176% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Divyang Rameshchandra Patel was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 28
CFO & Whole Time Director recently sold ₹2.5m worth of stock On the 23rd of March, Hemang Haria sold around 100k shares on-market at roughly ₹25.00 per share. In the last 3 months, they made an even bigger sale worth ₹14m. Hemang has been a seller over the last 12 months, reducing personal holdings by ₹52m. Recent Insider Transactions • Mar 12
MD & Chairman recently sold ₹2.8m worth of stock On the 9th of March, Vipul Haria sold around 100k shares on-market at roughly ₹28.35 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹14m. Vipul has been a seller over the last 12 months, reducing personal holdings by ₹20m. Recent Insider Transactions • Mar 05
MD & Chairman recently sold ₹1.1m worth of stock On the 28th of February, Vipul Haria sold around 40k shares on-market at roughly ₹27.46 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹14m. Vipul has been a seller over the last 12 months, reducing personal holdings by ₹17m. Recent Insider Transactions • Feb 19
CFO & Whole Time Director recently sold ₹11m worth of stock On the 15th of February, Hemang Haria sold around 400k shares on-market at roughly ₹27.43 per share. In the last 3 months, they made an even bigger sale worth ₹14m. Hemang has been a seller over the last 12 months, reducing personal holdings by ₹43m. Buying Opportunity • Feb 02
Now 59% undervalued after recent price drop Over the last 90 days, the stock is down 86%. The fair value is estimated to be ₹68.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% per annum over the last 3 years. Earnings per share has grown by 13% per annum over the last 3 years. Reported Earnings • Jan 30
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹1.27 (up from ₹1.25 in 3Q 2021). Revenue: ₹220.9m (up 42% from 3Q 2021). Net income: ₹12.8m (flat on 3Q 2021). Profit margin: 5.8% (down from 8.3% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 174% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Dec 23
CFO & Whole Time Director recently sold ₹3.3m worth of stock On the 20th of December, Hemang Haria sold around 15k shares on-market at roughly ₹217 per share. This was the largest sale by an insider in the last 3 months. This was Hemang's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 15% share price gain to ₹246, the stock trades at a trailing P/E ratio of 45.3x. Average trailing P/E is 16x in the Energy Services industry in India. Total returns to shareholders of 1,373% over the past three years. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS ₹1.34 (vs ₹0.82 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹181.9m (up 12% from 2Q 2021). Net income: ₹13.6m (up 67% from 2Q 2021). Profit margin: 7.5% (up from 5.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 123% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 08
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹188, the stock trades at a trailing P/E ratio of 38.4x. Average trailing P/E is 24x in the Energy Services industry in India. Total returns to shareholders of 906% over the past three years. Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improved over the past week After last week's 17% share price gain to ₹286, the stock trades at a trailing P/E ratio of 58.7x. Average trailing P/E is 19x in the Energy Services industry in India. Total returns to shareholders of 1,164% over the past three years. Reported Earnings • Jun 30
Full year 2021 earnings released: EPS ₹4.08 (vs ₹4.80 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹603.6m (down 11% from FY 2020). Net income: ₹41.2m (down 15% from FY 2020). Profit margin: 6.8% (down from 7.2% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 108% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Feb 25
New 90-day high: ₹125 The company is up 134% from its price of ₹53.30 on 27 November 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 17% over the same period. Reported Earnings • Feb 06
Third quarter 2021 earnings released: EPS ₹0.58 (vs ₹1.43 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹134.3m (down 27% from 3Q 2020). Net income: ₹4.87m (down 66% from 3Q 2020). Profit margin: 3.6% (down from 7.9% in 3Q 2020). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improved over the past week After last week's 17% share price gain to ₹105, the stock is trading at a trailing P/E ratio of 23.7x, up from the previous P/E ratio of 20.3x. This compares to an average P/E of 17x in the Energy Services industry in India. Total returns to shareholders over the past year are 133%. Is New 90 Day High Low • Feb 01
New 90-day high: ₹93.95 The company is up 77% from its price of ₹53.05 on 03 November 2020. The Indian market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 7.0% over the same period. Annuncio • Jan 31
Aakash Exploration Services Limited to Report Q3, 2021 Results on Feb 05, 2021 Aakash Exploration Services Limited announced that they will report Q3, 2021 results on Feb 05, 2021 Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improved over the past week After last week's 16% share price gain to ₹92.30, the stock is trading at a trailing P/E ratio of 20.8x, up from the previous P/E ratio of 18x. This compares to an average P/E of 16x in the Energy Services industry in India. Total returns to shareholders over the past year are 98%. Is New 90 Day High Low • Dec 28
New 90-day high: ₹67.90 The company is up 34% from its price of ₹50.55 on 29 September 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 1.0% over the same period. Is New 90 Day High Low • Dec 12
New 90-day high: ₹57.70 The company is up 8.0% from its price of ₹53.50 on 09 September 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Energy Services industry, which is up 5.0% over the same period. Reported Earnings • Nov 08
Second quarter 2021 earnings released: EPS ₹0.82 The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: ₹162.4m (up 5.3% from 2Q 2020). Net income: ₹8.12m (down 18% from 2Q 2020). Profit margin: 5.0% (down from 6.4% in 2Q 2020). The decrease in margin was driven by higher expenses.