BSE:530355

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Asian Oilfield Services

Executive Summary

Asian Oilfield Services Limited, an oilfield service and reservoir imaging company, provides a suite of geophysical services related to land and well seismic services in India and internationally.


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

How has Asian Oilfield Services's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 530355's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.9%

530355

-1.1%

IN Energy Services

1.3%

IN Market


1 Year Return

11.5%

530355

-22.1%

IN Energy Services

-8.7%

IN Market

Return vs Industry: 530355 exceeded the Indian Energy Services industry which returned -22.1% over the past year.

Return vs Market: 530355 exceeded the Indian Market which returned -8.7% over the past year.


Shareholder returns

530355IndustryMarket
7 Day5.9%-1.1%1.3%
30 Day4.9%13.6%6.6%
90 Day39.3%34.2%30.2%
1 Year11.5%11.5%-21.1%-22.1%-7.0%-8.7%
3 Year-52.4%-52.4%-41.5%-43.1%1.7%-3.0%
5 Year160.6%160.6%14.1%10.8%27.6%17.9%

Price Volatility Vs. Market

How volatile is Asian Oilfield Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Asian Oilfield Services undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 530355 (₹96.15) is trading below our estimate of fair value (₹564.9)

Significantly Below Fair Value: 530355 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 530355 is poor value based on its PE Ratio (12.5x) compared to the Energy Services industry average (6.5x).

PE vs Market: 530355 is good value based on its PE Ratio (12.5x) compared to the Indian market (12.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 530355's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 530355 is overvalued based on its PB Ratio (2x) compared to the IN Energy Services industry average (0.8x).


Next Steps

Future Growth

How is Asian Oilfield Services forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

25.4%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 530355's forecast earnings growth is above the savings rate (7.2%).

Earnings vs Market: Insufficient data to determine if 530355's earnings are forecast to grow faster than the Indian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 530355's revenue (25.4% per year) is forecast to grow faster than the Indian market (7.2% per year).

High Growth Revenue: 530355's revenue (25.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 530355's Return on Equity is forecast to be high in 3 years time (28.8%)


Next Steps

Past Performance

How has Asian Oilfield Services performed over the past 5 years?

65.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 530355 has high quality earnings.

Growing Profit Margin: 530355's current net profit margins (10.7%) are higher than last year (4.7%).


Past Earnings Growth Analysis

Earnings Trend: 530355 has become profitable over the past 5 years, growing earnings by 65% per year.

Accelerating Growth: 530355's earnings growth over the past year (225%) exceeds its 5-year average (65% per year).

Earnings vs Industry: 530355 earnings growth over the past year (225%) exceeded the Energy Services industry 62.3%.


Return on Equity

High ROE: 530355's Return on Equity (16.1%) is considered low.


Next Steps

Financial Health

How is Asian Oilfield Services's financial position?


Financial Position Analysis

Short Term Liabilities: 530355's short term assets (₹1.9B) exceed its short term liabilities (₹1.2B).

Long Term Liabilities: 530355's short term assets (₹1.9B) exceed its long term liabilities (₹29.2M).


Debt to Equity History and Analysis

Debt Level: 530355 is debt free.

Reducing Debt: 530355 has no debt compared to 5 years ago when its debt to equity ratio was 187.1%.

Debt Coverage: 530355 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 530355 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Asian Oilfield Services's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 530355's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 530355's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 530355's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 530355's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 530355's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.4yrs

Average management tenure


CEO

Ashutosh Kumar (56yo)

3.42yrs

Tenure

₹13,054,000

Compensation

Mr. Ashutosh Kumar has been the Chief Executive Officer of Asian Oilfield Services Limited since March 1, 2017 and has been its Whole-time Director since March 1, 2017. He is an Electronics Engineer from R ...


CEO Compensation Analysis

Compensation vs Market: Ashutosh's total compensation ($USD174.90K) is above average for companies of similar size in the Indian market ($USD49.57K).

Compensation vs Earnings: Ashutosh's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Ashutosh Kumar
CEO & Whole-time Director3.42yrs₹13.05mno data
Archana Nadgouda
Company Secretary & Compliance Officer1.92yrs₹1.57mno data
Anil Davadkar
Manager of Secretarial Services10.42yrsno datano data

3.4yrs

Average Tenure

Experienced Management: 530355's management team is considered experienced (3.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ashutosh Kumar
CEO & Whole-time Director3.42yrs₹13.05mno data
Nayan Borah
Independent Chairman1.33yrsno datano data
Kadayam Bharat
Additional Independent Director2.5yrs₹190.00kno data
Rabi Narayan Bastia
Non-Executive Directorno data₹100.00k0.18% 6.5m
Anusha Mehta
Independent Director3.67yrs₹140.00kno data
Devesh Bhargava
Independent Director1.17yrsno data0.0026% 96.3k
Mukesh Jain
Non-Executive Director1.17yrsno datano data

1.9yrs

Average Tenure

57yo

Average Age

Experienced Board: 530355's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Asian Oilfield Services Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Asian Oilfield Services Limited
  • Ticker: 530355
  • Exchange: BSE
  • Founded: 1992
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: ₹3.661b
  • Shares outstanding: 38.07m
  • Website: https://www.asianoilfield.com

Location

  • Asian Oilfield Services Limited
  • 3B, Omkar Esquare
  • 3rd Floor
  • Mumbai
  • Maharashtra
  • 400022
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
530355BSE (Mumbai Stock Exchange)YesEquity SharesININRJun 2005

Biography

Asian Oilfield Services Limited, an oilfield service and reservoir imaging company, provides a suite of geophysical services related to land and well seismic services 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 incorporated in 1992 and is based in Mumbai, India. Asian Oilfield Services Limited is a subsidiary of Oilmax Energy Private Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/05 12:44
End of Day Share Price2020/07/03 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.