About the Company - Aakash Exploration Services Ltd
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. 76.88 Cr. and Equity Capital is Rs. 10.13 Cr. for the Year ended 31/03/2022.
| Management |
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| Name | Position Held |
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| Mr. Vipul Navin Haria | Chairman & 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 |
Aakash Exploration Services Ltd. Share Price Update |
|---|
| Share Price | Value |
|---|
| Today | ₹10.65 |
| Previous Day | ₹8.90 |
Basic Stock Data of Aakash Exploration Services Ltd
| Market Cap | 70.4 Cr. |
|---|
| Current Price | 6.95 |
|---|
| High / Low | 8.70/5.70 |
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| Stock P/E | 16.2 |
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| Book Value | 5.39 |
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| Dividend Yield | 0.00 % |
|---|
| ROCE | 11.2 % |
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| ROE | 9.19 % |
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| Face Value | 1.00 |
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Aakash Exploration Services Ltd Quarterly Results
| Month | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
|---|
| Sales | 16.21 | 13.25 | 17.78 | 15.51 | 18.04 | 21.97 | 21.37 | 19.47 | 26.52 | 26.88 | 19.71 | 18.30 | 21.24 |
| Expenses | 13.28 | 10.75 | 13.61 | 11.64 | 14.52 | 18.41 | 17.01 | 16.28 | 22.91 | 24.15 | 15.89 | 14.83 | 17.34 |
| Operating Profit | 2.93 | 2.50 | 4.17 | 3.87 | 3.52 | 3.56 | 4.36 | 3.19 | 3.61 | 2.73 | 3.82 | 3.47 | 3.90 |
| OPM % | 18.08% | 18.87% | 23.45% | 24.95% | 19.51% | 16.20% | 20.40% | 16.38% | 13.61% | 10.16% | 19.38% | 18.96% | 18.36% |
| Other Income | 0.04 | 0.17 | 0.30 | 0.09 | 0.16 | 0.12 | 0.14 | 0.29 | 0.23 | 0.81 | 0.15 | 0.06 | 0.10 |
| Interest | 0.44 | 0.48 | 0.23 | 0.45 | 0.30 | 0.33 | 0.28 | 0.38 | 0.39 | 0.43 | 0.48 | 0.35 | 0.48 |
| Depreciation | 1.41 | 1.52 | 1.54 | 1.43 | 1.58 | 1.64 | 1.61 | 1.48 | 1.72 | 1.82 | 2.00 | 1.80 | 1.84 |
| Profit before tax | 1.12 | 0.67 | 2.70 | 2.08 | 1.80 | 1.71 | 2.61 | 1.62 | 1.73 | 1.29 | 1.49 | 1.38 | 1.68 |
| Tax % | 27.68% | 26.87% | 23.33% | 25.00% | 25.00% | 25.15% | 26.82% | 24.69% | 25.43% | 25.58% | 28.86% | 25.36% | 25.60% |
| Net Profit | 0.81 | 0.49 | 2.08 | 1.57 | 1.36 | 1.28 | 1.91 | 1.22 | 1.29 | 0.97 | 1.06 | 1.04 | 1.26 |
| EPS in Rs | 0.08 | 0.05 | 0.21 | 0.15 | 0.13 | 0.13 | 0.19 | 0.12 | 0.13 | 0.10 | 0.10 | 0.10 | 0.12 |
Aakash Exploration Services Ltd Quarterly Chart
Aakash Exploration Services Ltd Profit & Loss
| Month | Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|
| Sales | 17.01 | 11.80 | 23.05 | 24.91 | 33.58 | 40.96 | 51.67 | 67.48 | 59.77 | 76.88 | 92.58 | 86.13 |
| Expenses | 14.81 | 10.63 | 18.99 | 20.62 | 26.97 | 33.29 | 43.85 | 52.15 | 47.00 | 61.55 | 79.16 | 72.21 |
| Operating Profit | 2.20 | 1.17 | 4.06 | 4.29 | 6.61 | 7.67 | 7.82 | 15.33 | 12.77 | 15.33 | 13.42 | 13.92 |
| OPM % | 12.93% | 9.92% | 17.61% | 17.22% | 19.68% | 18.73% | 15.13% | 22.72% | 21.37% | 19.94% | 14.50% | 16.16% |
| Other Income | 0.32 | 0.22 | 0.40 | 0.73 | 0.22 | 0.27 | 2.17 | 0.23 | 0.57 | 0.51 | 1.41 | 1.12 |
| Interest | 0.14 | 0.07 | 0.79 | 0.95 | 1.30 | 1.37 | 1.23 | 2.57 | 1.86 | 1.37 | 1.68 | 1.74 |
| Depreciation | 1.26 | 0.94 | 2.15 | 3.36 | 3.87 | 3.32 | 3.93 | 6.25 | 5.93 | 6.26 | 7.02 | 7.46 |
| Profit before tax | 1.12 | 0.38 | 1.52 | 0.71 | 1.66 | 3.25 | 4.83 | 6.74 | 5.55 | 8.21 | 6.13 | 5.84 |
| Tax % | 26.79% | 34.21% | 32.89% | 36.62% | 34.34% | 28.31% | 31.26% | 28.04% | 25.41% | 25.46% | 26.10% | |
| Net Profit | 0.81 | 0.26 | 1.01 | 0.44 | 1.09 | 2.34 | 3.31 | 4.84 | 4.14 | 6.12 | 4.54 | 4.33 |
| 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 | 0.42 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
Aakash Exploration Services Ltd Profit & Loss Yearly Chart
Aakash Exploration Services Ltd Growth
|
| Compounded Sales Growth |
|---|
| 10 Years:: | % |
| 5 Years:: | 18% |
| 3 Years:: | 11% |
| TTM:: | -4% |
Aakash Exploration Services Ltd Growth
|
| Compounded Profit Growth |
|---|
| 10 Years:: | % |
| 5 Years:: | 14% |
| 3 Years:: | -3% |
| TTM:: | -24% |
Aakash Exploration Services Ltd Growth
|
| Stock Price CAGR |
|---|
| 10 Years:: | % |
| 5 Years:: | 41% |
| 3 Years:: | 25% |
| 1 Year:: | 50% |
Aakash Exploration Services Ltd Growth
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| Return on Equity |
|---|
| 10 Years:: | % |
| 5 Years:: | 12% |
| 3 Years:: | 11% |
| Last Year:: | 9% |
No data available for the Balance Sheet data table.
Aakash Exploration Services Ltd Reserves and Borrowings Chart
Aakash Exploration Services Ltd 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 |
|---|
| Cash from Operating Activity | 0.00 | 0.00 | | | 5.38 | -0.09 | 14.42 | 17.88 | 14.03 | 9.73 | 18.50 |
| Cash from Investing Activity | 0.00 | 0.00 | | | -5.91 | -2.02 | -14.75 | -12.06 | -5.94 | -7.13 | -24.03 |
| Cash from Financing Activity | 0.00 | 0.00 | | | -0.59 | 0.00 | 0.00 | -5.93 | -7.36 | -3.49 | 6.45 |
| Net Cash Flow | 0.00 | 0.00 | | | -1.13 | -2.11 | -0.32 | -0.11 | 0.73 | -0.89 | 0.92 |
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Aakash Exploration Services Ltd 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 |
|---|
| Debtor Days | 75.75 | 54.75 | 140.46 | 94.51 | 96.20 | 167.26 | 130.40 | 93.74 | 91.23 | 100.79 | 60.75 |
| Inventory Days | 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 |
| 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 |
| ROCE % | | 6.74% | | 6.76% | 9.76% | 12.97% | 12.21% | 16.02% | 12.13% | 15.41% | 11.25% |
Aakash Exploration Services Ltd Financial Efficiency Indicators Chart
No valid data available for the Shareholding
Aakash Exploration Services Ltd Shareholding Pattern Chart
No. of Aakash Exploration Services Ltd Shareholders
This stock is not held by any mutual fund
Aakash Exploration Services Ltd ROCE Trend
Aakash Exploration Services Ltd EPS Trend
Aakash Exploration Services Ltd Key Financial Ratios
| Month | Mar 23 | Mar 22 | Mar 21 | Mar 20 | Mar 19 |
|---|
| FaceValue | 1.00 | 1.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 0.45 | 0.60 | 4.00 | 5.00 | 4.91 |
| Diluted EPS (Rs.) | 0.45 | 0.60 | 4.00 | 5.00 | 4.91 |
| Cash EPS (Rs.) | 1.14 | 1.22 | 9.94 | 10.96 | 10.73 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 5.17 | 4.72 | 40.97 | 36.88 | 48.45 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 5.17 | 4.72 | 40.97 | 36.88 | 48.45 |
| Revenue From Operations / Share (Rs.) | 9.14 | 7.59 | 59.03 | 66.65 | 76.55 |
| PBDIT / Share (Rs.) | 1.46 | 1.56 | 13.17 | 15.36 | 14.77 |
| PBIT / Share (Rs.) | 0.77 | 0.94 | 7.32 | 9.18 | 8.95 |
| PBT / Share (Rs.) | 0.60 | 0.81 | 5.48 | 6.65 | 7.15 |
| Net Profit / Share (Rs.) | 0.44 | 0.60 | 4.08 | 4.78 | 4.91 |
| PBDIT Margin (%) | 16.02 | 20.59 | 22.31 | 23.04 | 19.29 |
| PBIT Margin (%) | 8.44 | 12.45 | 12.39 | 13.78 | 11.68 |
| PBT Margin (%) | 6.62 | 10.67 | 9.28 | 9.97 | 9.34 |
| Net Profit Margin (%) | 4.89 | 7.96 | 6.91 | 7.17 | 6.40 |
| Return on Networth / Equity (%) | 8.67 | 12.82 | 9.97 | 12.96 | 10.12 |
| Return on Capital Employeed (%) | 13.24 | 18.41 | 14.76 | 18.19 | 11.09 |
| Return On Assets (%) | 5.44 | 8.63 | 6.29 | 7.26 | 5.24 |
| Long Term Debt / Equity (X) | 0.09 | 0.06 | 0.19 | 0.35 | 0.66 |
| Total Debt / Equity (X) | 0.34 | 0.20 | 0.31 | 0.46 | 0.70 |
| Asset Turnover Ratio (%) | 1.20 | 1.13 | 0.90 | 1.04 | 0.95 |
| Current Ratio (X) | 0.71 | 1.25 | 1.33 | 1.23 | 2.44 |
| Quick Ratio (X) | 0.71 | 1.25 | 1.33 | 1.23 | 2.44 |
| Interest Coverage Ratio (%) | 8.84 | 11.58 | 7.17 | 6.06 | 8.22 |
| Interest Coverage Ratio (Post Tax) (%) | 3.70 | 5.48 | 3.22 | 2.89 | 3.73 |
| Enterprise Value (Cr.) | 77.25 | 260.89 | 143.55 | 50.37 | 34.55 |
| EV / Net Operating Revenue (X) | 0.83 | 3.39 | 2.40 | 0.74 | 0.66 |
| EV / EBITDA (X) | 5.21 | 16.48 | 10.76 | 3.24 | 3.46 |
| MarketCap / Net Operating Revenue (X) | 0.65 | 3.27 | 2.20 | 0.49 | 0.23 |
| Price / BV (X) | 1.15 | 5.27 | 3.17 | 0.89 | 0.37 |
| Price / Net Operating Revenue (X) | 0.65 | 3.27 | 2.20 | 0.49 | 0.23 |
| EarningsYield | 0.07 | 0.02 | 0.03 | 0.14 | 0.27 |
Aakash Exploration Services Ltd Profitability Ratios (%)
Aakash Exploration Services Ltd Liquidity Ratios
Aakash Exploration Services Ltd Liquidity Ratios (%)
Aakash Exploration Services Ltd Interest Coverage Ratios (%)
Aakash Exploration Services Ltd Valuation Ratios
Fair Value of Aakash Exploration Services Ltd Stock
Fair Value: ₹8.19
The stock is undervalued by 17.77% compared to the current price ₹6.95
*Investments are subject to market risks
Strength and Weakness of Aakash Exploration Services Ltd Stock
Unable to fetch valid data for stock valuation.
