Aakash Exploration Services Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 24, 2025, 10:05 pm

Market Cap	88.5 Cr.
Current Price	8.74
High / Low	17.2/7.30
Stock P/E	17.4
Book Value	5.91
Dividend Yield	0.00 %
ROCE	12.6 %
ROE	11.2 %
Face Value	1.00
PEG Ratio	3.90

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Aakash Exploration Services Ltd

Competitors of Aakash Exploration Services Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Gujarat Natural Resources Ltd	530 Cr.	41.3	42.0/9.92		8.53	0.00 %	1.12 %	3.49 %	10.0
Dolphin Offshore Enterprises (India) Ltd	1,494 Cr.	375	949/200	40.5	60.6	0.00 %	0.97 %	3.22 %	1.00
Deep Energy Resources Ltd	999 Cr.	312	348/153	694	121	0.00 %	0.39 %	0.35 %	10.0
Selan Explorations Technology Ltd	855 Cr.	563	1,100/497	12.2	286	0.00 %	12.3 %	8.70 %	10.0
Oil India Ltd	65,479 Cr.	403	768/322	8.88	324	2.61 %	17.7 %	18.0 %	10.0
Industry Average	33,252.33 Cr	450.37		80.97	544.76	0.94%	10.49%	9.47%	6.85

All Competitor Stocks of Aakash Exploration Services Ltd

Quarterly Result

Metric	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	15.51	18.04	21.97	21.37	19.47	26.52	26.88	19.71	18.30	21.24	21.80	30.89	26.01
Expenses	11.64	14.52	18.41	17.01	16.28	22.91	24.15	15.89	14.83	17.34	19.01	23.95	22.67
Operating Profit	3.87	3.52	3.56	4.36	3.19	3.61	2.73	3.82	3.47	3.90	2.79	6.94	3.34
OPM %	24.95%	19.51%	16.20%	20.40%	16.38%	13.61%	10.16%	19.38%	18.96%	18.36%	12.80%	22.47%	12.84%
Other Income	0.09	0.16	0.12	0.14	0.29	0.23	0.81	0.15	0.06	0.10	0.05	0.39	0.53
Interest	0.45	0.30	0.33	0.28	0.38	0.39	0.43	0.48	0.35	0.48	0.35	0.60	0.54
Depreciation	1.43	1.58	1.64	1.61	1.48	1.72	1.82	2.00	1.80	1.84	1.95	1.96	1.71
Profit before tax	2.08	1.80	1.71	2.61	1.62	1.73	1.29	1.49	1.38	1.68	0.54	4.77	1.62
Tax %	25.00%	25.00%	25.15%	26.82%	24.69%	25.43%	25.58%	28.86%	25.36%	25.60%	24.07%	26.42%	26.54%
Net Profit	1.57	1.36	1.28	1.91	1.22	1.29	0.97	1.06	1.04	1.26	0.41	3.51	1.20
EPS in Rs	0.15	0.13	0.13	0.19	0.12	0.13	0.10	0.10	0.10	0.12	0.04	0.35	0.12

Last Updated: Unknown

Below is a detailed analysis of the quarterly data for Aakash Exploration Services Ltd based on the most recent figures (Jun 2024) and their trends compared to the previous period:

For Sales, as of Jun 2024, the value is 26.01 Cr.. The value appears to be declining and may need further review. It has decreased from 30.89 Cr. (Mar 2024) to 26.01 Cr., marking a decrease of 4.88 Cr..
For Expenses, as of Jun 2024, the value is 22.67 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 23.95 Cr. (Mar 2024) to 22.67 Cr., marking a decrease of 1.28 Cr..
For Operating Profit, as of Jun 2024, the value is 3.34 Cr.. The value appears to be declining and may need further review. It has decreased from 6.94 Cr. (Mar 2024) to 3.34 Cr., marking a decrease of 3.60 Cr..
For OPM %, as of Jun 2024, the value is 12.84%. The value appears to be declining and may need further review. It has decreased from 22.47% (Mar 2024) to 12.84%, marking a decrease of 9.63%.
For Other Income, as of Jun 2024, the value is 0.53 Cr.. The value appears strong and on an upward trend. It has increased from 0.39 Cr. (Mar 2024) to 0.53 Cr., marking an increase of 0.14 Cr..
For Interest, as of Jun 2024, the value is 0.54 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.60 Cr. (Mar 2024) to 0.54 Cr., marking a decrease of 0.06 Cr..
For Depreciation, as of Jun 2024, the value is 1.71 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1.96 Cr. (Mar 2024) to 1.71 Cr., marking a decrease of 0.25 Cr..
For Profit before tax, as of Jun 2024, the value is 1.62 Cr.. The value appears to be declining and may need further review. It has decreased from 4.77 Cr. (Mar 2024) to 1.62 Cr., marking a decrease of 3.15 Cr..
For Tax %, as of Jun 2024, the value is 26.54%. The value appears to be increasing, which may not be favorable. It has increased from 26.42% (Mar 2024) to 26.54%, marking an increase of 0.12%.
For Net Profit, as of Jun 2024, the value is 1.20 Cr.. The value appears to be declining and may need further review. It has decreased from 3.51 Cr. (Mar 2024) to 1.20 Cr., marking a decrease of 2.31 Cr..
For EPS in Rs, as of Jun 2024, the value is 0.12. The value appears to be declining and may need further review. It has decreased from 0.35 (Mar 2024) to 0.12, marking a decrease of 0.23.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 9:25 pm

Metric	Mar 2011	Mar 2012	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	17	12	23	25	34	41	52	67	60	77	93	92	103
Expenses	15	11	19	21	27	33	44	52	47	62	79	75	89
Operating Profit	2	1	4	4	7	8	8	15	13	15	13	17	15
OPM %	13%	10%	18%	17%	20%	19%	15%	23%	21%	20%	14%	19%	14%
Other Income	0	0	0	1	0	0	2	0	1	1	1	1	2
Interest	0	0	1	1	1	1	1	3	2	1	2	2	2
Depreciation	1	1	2	3	4	3	4	6	6	6	7	8	7
Profit before tax	1	0	2	1	2	3	5	7	6	8	6	8	7
Tax %	27%	34%	33%	37%	34%	28%	31%	28%	25%	25%	26%	26%
Net Profit	1	0	1	0	1	2	3	5	4	6	5	6	5
EPS in Rs	0.27	0.09	0.34	0.06	0.15	0.31	0.33	0.48	0.41	0.60	0.45	0.61	0.51
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2011-2012	2015-2016	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-100.00%	-100.00%	100.00%	50.00%	66.67%	-20.00%	50.00%	-16.67%	20.00%
Change in YoY Net Profit Growth (%)	0.00%	0.00%	200.00%	-50.00%	16.67%	-86.67%	70.00%	-66.67%	36.67%

Aakash Exploration Services Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2011-2012 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	12%
3 Years:	16%
TTM:	27%

Compounded Profit Growth
10 Years:	%
5 Years:	13%
3 Years:	15%
TTM:	35%

Stock Price CAGR
10 Years:	%
5 Years:	32%
3 Years:	-34%
1 Year:	-24%

Return on Equity
10 Years:	%
5 Years:	12%
3 Years:	11%
Last Year:	11%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:48 am

Month	Mar 2011	Mar 2012	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	2	2	2	5	5	5	7	10	10	10	10	10	10
Reserves	3	3	5	11	12	14	26	27	31	38	42	48	50
Borrowings	3	1	13	13	15	20	27	24	18	16	24	26	14
Other Liabilities	4	2	6	2	2	5	3	6	6	7	7	10	13
Total Liabilities	11	7	25	31	34	45	63	67	66	71	83	94	87
Fixed Assets	4	3	13	17	19	18	39	45	42	46	63	59	56
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments	0	0	0	0	0	0	0	0	3	0	0	7	3
Other Assets	8	4	13	14	15	27	24	22	21	25	20	28	27
Total Assets	11	7	25	31	34	45	63	67	66	71	83	94	87

Below is a detailed analysis of the balance sheet data for Aakash Exploration Services Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹10.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 10.00 Cr..
For Reserves, as of Sep 2024, the value is ₹50.00 Cr.. The value appears strong and on an upward trend. It has increased from 48.00 Cr. (Mar 2024) to ₹50.00 Cr., marking an increase of 2.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹14.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 26.00 Cr. (Mar 2024) to ₹14.00 Cr., marking a decrease of 12.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹13.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 10.00 Cr. (Mar 2024) to ₹13.00 Cr., marking an increase of 3.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹87.00 Cr.. The value appears to be improving (decreasing). It has decreased from 94.00 Cr. (Mar 2024) to ₹87.00 Cr., marking a decrease of 7.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹56.00 Cr.. The value appears to be declining and may need further review. It has decreased from 59.00 Cr. (Mar 2024) to ₹56.00 Cr., marking a decrease of 3.00 Cr..
For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Investments, as of Sep 2024, the value is ₹3.00 Cr.. The value appears to be declining and may need further review. It has decreased from 7.00 Cr. (Mar 2024) to ₹3.00 Cr., marking a decrease of 4.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹27.00 Cr.. The value appears to be declining and may need further review. It has decreased from 28.00 Cr. (Mar 2024) to ₹27.00 Cr., marking a decrease of 1.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹87.00 Cr.. The value appears to be declining and may need further review. It has decreased from 94.00 Cr. (Mar 2024) to ₹87.00 Cr., marking a decrease of 7.00 Cr..

Notably, the Reserves (50.00 Cr.) exceed the Borrowings (14.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2011	Mar 2012	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	0	0	5	-0	14	18	14	10	18	10
Cash from Investing Activity +	0	0	-6	-2	-15	-12	-6	-7	-24	-10
Cash from Financing Activity +	0	0	-1	0	0	-6	-7	-3	6	-0
Net Cash Flow	0	0	-1	-2	-0	-0	1	-1	1	-0

Free Cash Flow

Month	Mar 2011	Mar 2012	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-1.00	0.00	-9.00	-9.00	-8.00	-12.00	-19.00	-9.00	-5.00	-1.00	-11.00	-9.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2011	Mar 2012	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	75.75	54.75	140.46	94.51	96.20	167.26	130.40	93.74	91.23	100.79	60.75	97.12
Inventory Days	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable
Cash Conversion Cycle	75.75	54.75	140.46	94.51	96.20	167.26	130.40	93.74	91.23	100.79	60.75	97.12
Working Capital Days	13.95	25.36	90.74	46.01	54.78	148.91	92.54	38.57	37.31	51.32	19.04	39.69
ROCE %		6.74%		6.76%	9.76%	12.97%	12.21%	16.02%	12.13%	15.41%	11.25%	12.63%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	73.33%	71.54%	69.25%	66.77%	66.67%	66.67%	66.67%	66.67%	66.67%	66.67%	66.67%	66.67%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.06%	0.03%	0.00%
Public	26.67%	28.47%	30.75%	33.23%	33.33%	33.32%	33.33%	33.33%	33.33%	33.27%	33.30%	33.32%
No. of Shareholders	2,246	2,202	5,587	7,406	9,718	19,477	23,860	24,153	27,510	33,216	37,338	41,861

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23
FaceValue	1.00	1.00
Basic EPS (Rs.)	0.61	0.45
Diluted EPS (Rs.)	0.61	0.45
Cash EPS (Rs.)	1.36	1.14
Book Value[Excl.RevalReserv]/Share (Rs.)	5.78	5.17
Book Value[Incl.RevalReserv]/Share (Rs.)	5.78	5.17
Revenue From Operations / Share (Rs.)	9.11	9.14
PBDIT / Share (Rs.)	1.75	1.46
PBIT / Share (Rs.)	1.00	0.77
PBT / Share (Rs.)	0.82	0.60
Net Profit / Share (Rs.)	0.61	0.44
NP After MI And SOA / Share (Rs.)	0.61	0.44
PBDIT Margin (%)	19.20	16.02
PBIT Margin (%)	11.01	8.44
PBT Margin (%)	9.08	6.62
Net Profit Margin (%)	6.72	4.89
NP After MI And SOA Margin (%)	6.72	4.89
Return on Networth / Equity (%)	10.60	8.67
Return on Capital Employeed (%)	15.26	13.24
Return On Assets (%)	6.61	5.44
Long Term Debt / Equity (X)	0.10	0.09
Total Debt / Equity (X)	0.30	0.34
Current Ratio (X)	1.21	0.71
Quick Ratio (X)	1.21	0.71
Interest Coverage Ratio (X)	9.95	8.84
Interest Coverage Ratio (Post Tax) (X)	4.49	3.70
Enterprise Value (Cr.)	109.92	77.25
EV / Net Operating Revenue (X)	1.19	0.83
EV / EBITDA (X)	6.21	5.21
MarketCap / Net Operating Revenue (X)	1.00	0.65
Price / BV (X)	1.58	1.15
Price / Net Operating Revenue (X)	1.00	0.65
EarningsYield	0.06	0.07

After reviewing the key financial ratios for Aakash Exploration Services Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.00.
For Basic EPS (Rs.), as of Mar 24, the value is 0.61. This value is below the healthy minimum of 5. It has increased from 0.45 (Mar 23) to 0.61, marking an increase of 0.16.
For Diluted EPS (Rs.), as of Mar 24, the value is 0.61. This value is below the healthy minimum of 5. It has increased from 0.45 (Mar 23) to 0.61, marking an increase of 0.16.
For Cash EPS (Rs.), as of Mar 24, the value is 1.36. This value is below the healthy minimum of 3. It has increased from 1.14 (Mar 23) to 1.36, marking an increase of 0.22.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 5.78. It has increased from 5.17 (Mar 23) to 5.78, marking an increase of 0.61.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 5.78. It has increased from 5.17 (Mar 23) to 5.78, marking an increase of 0.61.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 9.11. It has decreased from 9.14 (Mar 23) to 9.11, marking a decrease of 0.03.
For PBDIT / Share (Rs.), as of Mar 24, the value is 1.75. This value is below the healthy minimum of 2. It has increased from 1.46 (Mar 23) to 1.75, marking an increase of 0.29.
For PBIT / Share (Rs.), as of Mar 24, the value is 1.00. This value is within the healthy range. It has increased from 0.77 (Mar 23) to 1.00, marking an increase of 0.23.
For PBT / Share (Rs.), as of Mar 24, the value is 0.82. This value is within the healthy range. It has increased from 0.60 (Mar 23) to 0.82, marking an increase of 0.22.
For Net Profit / Share (Rs.), as of Mar 24, the value is 0.61. This value is below the healthy minimum of 2. It has increased from 0.44 (Mar 23) to 0.61, marking an increase of 0.17.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 0.61. This value is below the healthy minimum of 2. It has increased from 0.44 (Mar 23) to 0.61, marking an increase of 0.17.
For PBDIT Margin (%), as of Mar 24, the value is 19.20. This value is within the healthy range. It has increased from 16.02 (Mar 23) to 19.20, marking an increase of 3.18.
For PBIT Margin (%), as of Mar 24, the value is 11.01. This value is within the healthy range. It has increased from 8.44 (Mar 23) to 11.01, marking an increase of 2.57.
For PBT Margin (%), as of Mar 24, the value is 9.08. This value is below the healthy minimum of 10. It has increased from 6.62 (Mar 23) to 9.08, marking an increase of 2.46.
For Net Profit Margin (%), as of Mar 24, the value is 6.72. This value is within the healthy range. It has increased from 4.89 (Mar 23) to 6.72, marking an increase of 1.83.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 6.72. This value is below the healthy minimum of 8. It has increased from 4.89 (Mar 23) to 6.72, marking an increase of 1.83.
For Return on Networth / Equity (%), as of Mar 24, the value is 10.60. This value is below the healthy minimum of 15. It has increased from 8.67 (Mar 23) to 10.60, marking an increase of 1.93.
For Return on Capital Employeed (%), as of Mar 24, the value is 15.26. This value is within the healthy range. It has increased from 13.24 (Mar 23) to 15.26, marking an increase of 2.02.
For Return On Assets (%), as of Mar 24, the value is 6.61. This value is within the healthy range. It has increased from 5.44 (Mar 23) to 6.61, marking an increase of 1.17.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.10. This value is below the healthy minimum of 0.2. It has increased from 0.09 (Mar 23) to 0.10, marking an increase of 0.01.
For Total Debt / Equity (X), as of Mar 24, the value is 0.30. This value is within the healthy range. It has decreased from 0.34 (Mar 23) to 0.30, marking a decrease of 0.04.
For Current Ratio (X), as of Mar 24, the value is 1.21. This value is below the healthy minimum of 1.5. It has increased from 0.71 (Mar 23) to 1.21, marking an increase of 0.50.
For Quick Ratio (X), as of Mar 24, the value is 1.21. This value is within the healthy range. It has increased from 0.71 (Mar 23) to 1.21, marking an increase of 0.50.
For Interest Coverage Ratio (X), as of Mar 24, the value is 9.95. This value is within the healthy range. It has increased from 8.84 (Mar 23) to 9.95, marking an increase of 1.11.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 4.49. This value is within the healthy range. It has increased from 3.70 (Mar 23) to 4.49, marking an increase of 0.79.
For Enterprise Value (Cr.), as of Mar 24, the value is 109.92. It has increased from 77.25 (Mar 23) to 109.92, marking an increase of 32.67.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.19. This value is within the healthy range. It has increased from 0.83 (Mar 23) to 1.19, marking an increase of 0.36.
For EV / EBITDA (X), as of Mar 24, the value is 6.21. This value is within the healthy range. It has increased from 5.21 (Mar 23) to 6.21, marking an increase of 1.00.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.00. This value is within the healthy range. It has increased from 0.65 (Mar 23) to 1.00, marking an increase of 0.35.
For Price / BV (X), as of Mar 24, the value is 1.58. This value is within the healthy range. It has increased from 1.15 (Mar 23) to 1.58, marking an increase of 0.43.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.00. This value is within the healthy range. It has increased from 0.65 (Mar 23) to 1.00, marking an increase of 0.35.
For EarningsYield, as of Mar 24, the value is 0.06. This value is below the healthy minimum of 5. It has decreased from 0.07 (Mar 23) to 0.06, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Aakash Exploration Services Ltd as of April 25, 2025 is: 9.40

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 25, 2025, Aakash Exploration Services Ltd is Undervalued by 7.55% compared to the current share price 8.74

Intrinsic Value of Aakash Exploration Services Ltd as of April 25, 2025 is: 9.82

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 25, 2025, Aakash Exploration Services Ltd is Undervalued by 12.36% compared to the current share price 8.74

Last 5 Year EPS CAGR: 4.46%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock is trading at a low valuation with an average P/B ratio of 0.89 and average Dividend Yield of 9.73%. The company has higher reserves (23.85 cr) compared to borrowings (16.46 cr), indicating strong financial stability. The company has shown consistent growth in sales (53.54 cr) and profit (4.31 cr) over the years.	The stock has a low average ROCE of 9.66%, which may not be favorable. The stock has a high average Working Capital Days of 54.85, which may not be favorable. The stock has a high average Cash Conversion Cycle of 100.25, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Aakash Exploration Services Ltd:
1. Net Profit Margin: 6.72%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 15.26% (Industry Average ROCE: 10.49%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 10.6% (Industry Average ROE: 9.47%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 4.49
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.21
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 17.4 (Industry average Stock P/E: 80.97)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.3
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Aakash Exploration Services Ltd. is a Public Limited Listed company incorporated on 17/01/2007 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L23209GJ2007PLC049792 and registration number is 049792. Currently Company is involved in the business activities of Manufacture of refined petroleum products. Company's Total Operating Revenue is Rs. 92.23 Cr. and Equity Capital is Rs. 10.13 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Oil Drilling And Exploration	No. 424-426, 4th Floor, Shukan Mall, Ahmedabad Gujarat 380005	cs@aakashexploration.com http://www.aakashexploration.com

Management
Name	Position Held
Mr. Vipul Navin Haria	Managing Director
Mr. Hemang Navin Haria	WholeTime Director & CFO
Mr. Krunal Pravin Haria	Whole Time Director
Mrs. Ami Nirav Shah	Independent Director
Mr. Piyush Vasanji Savla	Independent Director
Mr. Divyang Rameshchandra Patel	Independent Director

FAQ

What is the intrinsic value of Aakash Exploration Services Ltd?

Aakash Exploration Services Ltd's intrinsic value (as of 24 April 2025) is ₹9.40 — 7.55% higher the current market price of 8.74, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 88.5 Cr. market cap, FY2025-2026 high/low of ₹17.2/7.30, reserves of 50 Cr, and liabilities of 87 Cr.

What is the Market Cap of Aakash Exploration Services Ltd?

The Market Cap of Aakash Exploration Services Ltd is 88.5 Cr..

What is the current Stock Price of Aakash Exploration Services Ltd as on 24 April 2025?

The current stock price of Aakash Exploration Services Ltd as on 24 April 2025 is 8.74.

What is the High / Low of Aakash Exploration Services Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Aakash Exploration Services Ltd stocks is ₹17.2/7.30.

What is the Stock P/E of Aakash Exploration Services Ltd?

The Stock P/E of Aakash Exploration Services Ltd is 17.4.

What is the Book Value of Aakash Exploration Services Ltd?

The Book Value of Aakash Exploration Services Ltd is 5.91.

What is the Dividend Yield of Aakash Exploration Services Ltd?

The Dividend Yield of Aakash Exploration Services Ltd is 0.00 %.

What is the ROCE of Aakash Exploration Services Ltd?

The ROCE of Aakash Exploration Services Ltd is 12.6 %.

What is the ROE of Aakash Exploration Services Ltd?

The ROE of Aakash Exploration Services Ltd is 11.2 %.

What is the Face Value of Aakash Exploration Services Ltd?

The Face Value of Aakash Exploration Services Ltd is 1.00.