Asian Energy Services Limited (ASIANENE) AI Stock Analysis

• Market Cap: ₹15.69B
• Dividend Yield: 0.28%
• Average Volume (3M): 11.90K
• Price to Earnings (P/E): 34.5
• Beta (1Y): 1.42
• 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: 5,498
• 30 Day Avg. Volume: 11,898
• 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

• Rating: 62 Neutral
• Price Target: ₹364.00 ▲(7.42% Upside)

Asian Energy Services Limited scores moderately due to strong financial performance, despite challenges in cash flow and operational efficiency. Technical indicators suggest a neutral to slightly bearish outlook, and the stock's valuation appears high relative to industry norms.

Asian Energy Services Limited Business Overview & Revenue Model

Company Description

Asian Energy Services Limited (ASIANENE) is a leading provider of integrated energy solutions, primarily focused on the oil and gas sector. The company specializes in offering a range of services including engineering, procurement, construction, and project management, aimed at enhancing operational efficiency and sustainability in energy production. ASIANENE operates across various segments of the energy industry, including upstream exploration, drilling services, and downstream refining operations.

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 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: 338.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 338.85 is above the 20-day moving average (MA) of 338.49, below the 50-day MA of 347.87, and above the 200-day MA of 312.19, indicating a bullish trend. The MACD of -0.53 indicates Negative momentum. The RSI at 55.20 is Neutral, neither overbought nor oversold. The STOCH value of 58.16 is Neutral, 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	₹17.93B	11.57	―	―	22.05%	46.02%
SOUTHWEST	72 Outperform	₹4.03B	23.08	―	0.56%	35.81%	71.41%
TNPETRO	70 Outperform	₹9.67B	12.16	―	1.07%	8.83%	58.08%
SEAMECLTD	69 Neutral	₹21.96B	18.84	―	―	-13.53%	-19.71%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
ASIANENE	62 Neutral	₹15.69B	34.47	―	0.28%	62.96%	29.03%
INDOSOLAR	60 Neutral	₹28.13B	13.18	―	―	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.

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.