Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 21.24 | 21.80 | 30.89 | 26.01 | 23.05 | 23.35 | 25.77 | 23.86 | 24.81 | 31.15 | 32.65 | 27.89 |
| Expenses | 17.34 | 19.01 | 23.95 | 22.67 | 21.02 | 21.15 | 23.22 | 20.98 | 21.89 | 27.19 | 27.33 | 25.65 |
| Operating Profit | 3.90 | 2.79 | 6.94 | 3.34 | 2.03 | 2.20 | 2.55 | 2.88 | 2.92 | 3.96 | 5.32 | 2.24 |
| OPM % | 18.36% | 12.80% | 22.47% | 12.84% | 8.81% | 9.42% | 9.90% | 12.07% | 11.77% | 12.71% | 16.29% | 8.03% |
| Other Income | 0.10 | 0.05 | 0.39 | 0.53 | 0.37 | 0.31 | 0.37 | 0.29 | 0.18 | 0.22 | 0.59 | 1.48 |
| Interest | 0.48 | 0.35 | 0.60 | 0.54 | 0.48 | 0.35 | 0.60 | 0.58 | 0.51 | 0.45 | 0.37 | 0.49 |
| Depreciation | 1.84 | 1.95 | 1.96 | 1.71 | 1.74 | 1.78 | 1.94 | 1.88 | 2.22 | 2.65 | 2.87 | 2.52 |
| Profit before tax | 1.68 | 0.54 | 4.77 | 1.62 | 0.18 | 0.38 | 0.38 | 0.71 | 0.37 | 1.08 | 2.67 | 0.71 |
| Tax % | 25.60% | 24.07% | 26.42% | 26.54% | 38.89% | 28.95% | 28.95% | 25.35% | 24.32% | 25.93% | 29.59% | 26.76% |
| Net Profit | 1.26 | 0.41 | 3.51 | 1.20 | 0.11 | 0.26 | 0.28 | 0.54 | 0.28 | 0.80 | 1.88 | 0.52 |
| EPS in Rs | 0.12 | 0.04 | 0.35 | 0.12 | 0.01 | 0.03 | 0.03 | 0.05 | 0.03 | 0.08 | 0.19 | 0.05 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 25 | 34 | 41 | 52 | 67 | 60 | 77 | 93 | 92 | 98 | 112 | 116 |
| Expenses | 21 | 27 | 33 | 44 | 52 | 47 | 62 | 79 | 75 | 88 | 97 | 102 |
| Operating Profit | 4 | 7 | 8 | 8 | 15 | 13 | 15 | 13 | 17 | 10 | 15 | 14 |
| OPM % | 17% | 20% | 19% | 15% | 23% | 21% | 20% | 14% | 19% | 10% | 13% | 12% |
| Other Income | 1 | 0 | 0 | 2 | 0 | 1 | 1 | 1 | 1 | 2 | 1 | 2 |
| Interest | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 3 | 4 | 3 | 4 | 6 | 6 | 6 | 7 | 8 | 7 | 10 | 10 |
| Profit before tax | 1 | 2 | 3 | 5 | 7 | 6 | 8 | 6 | 8 | 3 | 5 | 5 |
| Tax % | 37% | 34% | 28% | 31% | 28% | 25% | 25% | 26% | 26% | 28% | 28% | |
| Net Profit | 0 | 1 | 2 | 3 | 5 | 4 | 6 | 5 | 6 | 2 | 4 | 3 |
| EPS in Rs | 0.06 | 0.15 | 0.31 | 0.33 | 0.48 | 0.41 | 0.60 | 0.45 | 0.61 | 0.18 | 0.35 | 0.35 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 16% | 13% | 7% | 21% | ||
| Compounded Profit Growth | 23% | -4% | -10% | 192% | ||
| Stock Price CAGR | % | -17% | 15% | -9% | ||
| Return on Equity | 9% | 8% | 6% | 5% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 5 | 5 | 5 | 7 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 5 | 11 | 12 | 14 | 26 | 27 | 31 | 38 | 42 | 48 | 50 | 54 |
| Borrowings | 13 | 13 | 15 | 20 | 27 | 24 | 18 | 16 | 24 | 26 | 23 | 27 |
| Other Liabilities | 6 | 2 | 2 | 5 | 3 | 6 | 6 | 7 | 7 | 10 | 13 | 16 |
| Total Liabilities | 25 | 31 | 34 | 45 | 63 | 67 | 66 | 71 | 83 | 94 | 96 | 106 |
| Fixed Assets | 13 | 17 | 19 | 18 | 39 | 45 | 42 | 46 | 63 | 59 | 61 | 71 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 7 | 3 | 0 |
| Other Assets | 13 | 14 | 15 | 27 | 24 | 22 | 21 | 25 | 20 | 28 | 32 | 35 |
| Total Assets | 25 | 31 | 34 | 45 | 63 | 67 | 66 | 71 | 83 | 94 | 96 | 106 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 5 | -0 | 14 | 18 | 14 | 10 | 18 | 10 | 8 | 14 | ||
| Cash from Investing Activity | -6 | -2 | -15 | -12 | -6 | -7 | -24 | -10 | -4 | -16 | ||
| Cash from Financing Activity | -1 | 0 | 0 | -6 | -7 | -3 | 6 | -0 | -4 | 1 | ||
| Net Cash Flow | -1 | -2 | -0 | -0 | 1 | -1 | 1 | -0 | -0 | -0 | ||
| Free Cash Flow | -1 | -2 | -11 | 6 | 11 | -1 | -6 | 7 | -1 | -5 | ||
| CFO/OP | 92% | -1% | 184% | 127% | 121% | 71% | 155% | 61% | 101% | 97% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 140 | 95 | 96 | 167 | 130 | 94 | 91 | 101 | 61 | 97 | 80 | 80 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 140 | 95 | 96 | 167 | 130 | 94 | 91 | 101 | 61 | 97 | 80 | 80 |
| Working Capital Days | -47 | 9 | 24 | 122 | 84 | 17 | 5 | 21 | -32 | -8 | -24 | -19 |
| ROCE % | 7% | 10% | 13% | 12% | 16% | 12% | 15% | 11% | 13% | 5% | 8% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 66.67% | 66.67% | 66.67% | 66.67% | 66.67% | 66.67% | 66.54% | 66.54% | 66.54% | 66.54% | 66.54% | 66.54% |
| FIIs | 0.00% | 0.06% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% |
| Public | 33.33% | 33.27% | 33.30% | 33.32% | 33.33% | 33.33% | 33.46% | 33.46% | 33.46% | 33.46% | 33.46% | 33.44% |
| No. of Shareholders | 27,510 | 33,216 | 37,338 | 41,861 | 46,171 | 47,419 | 47,267 | 50,474 | 49,016 | 48,165 | 53,014 | 50,417 |
Fundamentals
Market Cap₹ 87.0 Cr.
Current Price₹ 8.59
Stock P/E25.0
Book Value₹ 6.31
ROCE7.63 %
ROE5.46 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)21%
Compounded Profit Growth (TTM)192%
Standalone figures.
Valuation
Market capRs 84 Cr
Enterprise valueRs 111 Cr
P/E (TTM)24.27x
Price to book1.32x
Price to sales0.72x
EV / EBITDA6.56x
EV / EBIT16.67x
EV / sales0.95x
Price to cash flow5.85x
Earnings yield4.12%
P/E, 3-year average26.30x
P/B, 3-year average1.36x
P/E, 5-year average26.66x
P/B, 5-year average2.10x
Profitability
Operating margin (excl. other income)13.40%
Operating margin (incl. other income)14.55%
EBITDA margin14.52%
Pre-tax margin4.15%
Net profit margin2.99%
Net margin, latest quarter1.86%
ROE5.63%
ROCE7.74%
ROA3.46%
ROE, 3-year average6.64%
ROCE, 3-year average8.59%
ROA, 3-year average4.13%
ROE, 5-year average8.54%
ROCE, 5-year average10.48%
ROA, 5-year average5.45%
ROIC (approx.)5.32%
Tax rate27.74%
Other income / net worth2.02%
Growth
Sales growth (latest year)14.53%
Profit growth (latest year)90.22%
Sales CAGR, 3 years6.70%
Sales CAGR, 5 years13.48%
Profit CAGR, 3 years-8.31%
Profit CAGR, 5 years-3.30%
Sales growth QoQ-14.58%
Profit growth QoQ-72.34%
Sales growth YoY (latest quarter)16.89%
Profit growth YoY (latest quarter)-3.70%
Per share
EPS (TTM)Rs 0.34
EPS (latest year)Rs 0.35
EPS (latest quarter)Rs 0.05
EPS, 3-year averageRs 0.38
EPS, 5-year averageRs 0.44
Book value per shareRs 6.31
Sales per shareRs 11.51
Cash flow per shareRs 1.43
Free cash flow per shareRs -0.49
Efficiency
Asset turnover1.06x
Fixed asset turnover1.58x
Debtor days80 days
Debtors turnover4.54x
Cash conversion cycle80 days
Working capital days-19 days
Leverage
Total debtRs 27 Cr
Cash and bankRs 0 Cr
Net debtRs 26 Cr
Debt to equity0.42x
Net debt / EBITDA1.56x
Interest coverage3.65x
Owners' fund to total sources60.20%
Debt to assets24.99%
Cash flow
Cash from Operating Activity (latest year)Rs 14 Cr
Cash from Investing Activity (latest year)Rs -16 Cr
Cash from Financing Activity (latest year)Rs 1 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -5 Cr
FCFE (approx.: FCF + change in debt)Rs -2 Cr
Cash from ops / profit, 5 years2.61x
Sales to cash flow7.79x
Statement figures
Net sales (TTM)Rs 116 Cr
Net sales (latest year)Rs 112 Cr
Sales (latest quarter)Rs 28 Cr
Operating profit excl. other income (latest year)Rs 15 Cr
Operating profit (latest quarter)Rs 2 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 17 Cr
PBDT (TTM)Rs 15 Cr
Profit before tax (TTM)Rs 5 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 4 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 10 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 41 Cr
Total expenditure (latest year)Rs 97 Cr
Total income (latest year)Rs 114 Cr
Share capitalRs 10 Cr
ReservesRs 54 Cr
Shareholders' fundsRs 64 Cr
Total assetsRs 106 Cr
Net blockRs 71 Cr
ReceivablesRs 25 Cr
Other liabilitiesRs 16 Cr
Shares outstanding (crore)10.12
Ownership
Promoter holding66.54% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 24.3 is at the 61th percentile of its own 8.5-year range
(median 19.7, low 4.2, high 87.6).
P/B 1.32 is at the 23th percentile (median 1.52).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | AAKASH | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -8.3% | -2.8% | -5.5 pts |
| 1 month | -3.9% | -6.8% | +2.9 pts |
| 3 months | -6.9% | -7.6% | +0.7 pts |
| 6 months | +5.4% | +0.4% | +5.0 pts |
| 1 year | -15.8% | -9.9% | -5.9 pts |
| 2 years | -31.6% | -13.6% | -18.1 pts |
| 3 years | +42.6% | +14.2% | +28.4 pts |
| 5 years | -62.4% | +27.9% | -90.3 pts |
Red flags
F-score 7 of 8No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹28 Cr +16.9% vs Jun 2025.
Net profit ₹1 Cr -3.7%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Dolphin Offshore Enterprises (India) Ltd | 2,605 | 36.2 | 14.9 % |
| Jindal Drilling & Industries Ltd | 1,737 | 8.92 | 13.7 % |
| Alphageo (India) Ltd | 163 | -7.20 % | |
| Aban Offshore Ltd | 84 | % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2022-02-03 | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share | 0.1000 |
| Date | Type | What it says |
|---|---|---|
| 2026-09-30 | Shareholder meeting | Voting results. |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Aakash Exploration Services Ltd?
Aakash Exploration Services Ltd (AAKASH) has a market capitalisation of Rs 87.0 Cr. at the 2026-10-01 close.
What is the P/E ratio of Aakash Exploration Services Ltd?
Aakash Exploration Services Ltd trades at a P/E of 25.0 on trailing twelve-month profit, at the 2026-10-01 close.
What were Aakash Exploration Services Ltd's latest quarterly results?
In the Jun 2026 quarter, Aakash Exploration Services Ltd sales was Rs 28 Cr (+16.9% vs Jun 2025) and net profit was Rs 1 Cr.
What is the 52-week high and low of Aakash Exploration Services Ltd?
The 52-week high is Rs 13.40 and the 52-week low is Rs 7.21.