Asian Energy Services Ltd

NSE: ASIANENE BSE: 530355

₹398.75

-3.30 (0.82%)

Sun, 25 Oct 2026, 03:09 pm

MTF 5xInvest in Asian Energy Services Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)1963.48

PE Ratio31.68

Dividend0.31

Energy Minerals

Oil & Gas Production

24.5K

Asian Energy Services Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2006	Mar 2007	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-2.27M	-4.99M	-8.16M	-64.99K	-2.67M	-16.79M	-25.04M	-91.78M	-94.53M	-107.90M	-76.54M	-63.37M	-57.21M	-28.52M	-6.13M	-8.06M	-24.64M	-19.96M	-32.91M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	-23.00K	0	0	0	0	—	—	—
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	6.11M	15.71M	61.87M
Total assets	115.32M	287.79M	813.18M	1.16B	1.22B	1.14B	1.24B	1.73B	1.50B	1.71B	2.09B	2.52B	2.18B	3.08B	3.48B	3.40B	2.97B	3.84B	5.96B
Total current assets	80.07M	220.33M	253.65M	354.18M	720.28M	740.40M	764.04M	453.95M	315.38M	644.95M	881.79M	1.38B	1.18B	1.90B	2.04B	2.12B	1.77B	2.23B	4.49B
Cash and short term investments	8.86M	22.08M	42.13M	79.85M	320.27M	377.73M	241.89M	93.55M	29.97M	96.58M	291.43M	245.74M	251.94M	819.76M	238.91M	502.20M	400.66M	423.17M	960.74M
Cash & equivalents	2.79M	16.45M	8.67M	12.66M	38.97M	2.99M	44.14M	93.55M	29.97M	96.57M	291.43M	245.74M	29.71M	619.57M	227.42M	279.55M	172.66M	85.88M	199.30M
Short term investments	6.07M	5.63M	33.46M	67.19M	281.30M	374.74M	197.75M	0	0	13.16K	0	0	222.22M	200.19M	11.48M	222.66M	227.99M	337.28M	761.45M
Total receivables, net	67.96M	187.93M	181.23M	212.47M	282.57M	241.58M	408.95M	239.63M	202.40M	472.96M	539.98M	898.39M	699.17M	920.41M	1.56B	1.38B	1.18B	1.64B	3.11B
Accounts receivable - trade, net	63.07M	183.54M	152.26M	98.39M	270.16M	185.85M	152.87M	109.80M	50.22M	455.26M	520.20M	787.47M	676.26M	896.84M	1.56B	1.33B	1.07B	1.62B	3.10B
Other receivables	4.89M	4.39M	28.97M	114.08M	12.41M	55.72M	256.08M	129.84M	152.18M	17.69M	19.78M	110.93M	22.90M	23.58M	952.00K	46.12M	117.18M	28.05M	1.36M
Total inventory	50.34K	932.00K	1.03M	0	23.20M	39.71M	104.10M	106.68M	55.98M	68.10M	29.38M	138.60M	133.98M	53.20M	0	0	0	32.49M	108.48M
Other current assets, total	360.99K	507.49K	1.69M	20.41M	51.39M	76.27M	0	764.48K	1.10M	1.84M	11.21M	72.30M	93.43M	89.59M	162.15M	165.42M	73.15M	104.21M	272.40M
Total non-current assets	35.25M	67.46M	559.53M	803.55M	497.97M	398.18M	478.23M	1.27B	1.18B	1.06B	1.21B	1.14B	1.00B	1.18B	1.44B	1.28B	1.19B	1.62B	1.46B
Long term investments	1.06M	65.45K	343.41M	397.21M	40.02M	0	0	22.87M	0	48.63M	328.51M	87.28M	0	116.88M	48.81M	106.91M	132.54M	349.38M	207.30M
Note receivable - long term	—	—	—	—	—	—	—	0	0	—	467.00K	443.00K	—	116.88M	876.00K	732.00K	1.19M	4.29M	—
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	6.11M	21.82M	83.69M
Other investments	1.06M	65.45K	343.41M	397.21M	40.02M	0	0	22.87M	0	48.63M	328.05M	86.83M	0	0	47.94M	106.18M	125.24M	327.56M	123.61M
Net property/plant/equipment	33.95M	67.40M	211.10M	406.34M	457.96M	391.70M	416.56M	1.24B	1.05B	945.58M	795.29M	968.15M	839.20M	882.29M	1.31B	1.11B	956.74M	1.13B	1.18B
Gross property/plant/equipment	69.68M	85.45M	248.48M	508.38M	645.82M	663.99M	747.67M	1.69B	1.63B	1.71B	906.91M	1.24B	1.29B	1.51B	2.14B	2.21B	2.71B	3.04B	3.24B
Deferred tax assets	—	—	0	6.98M	—	—	38.02M	—	—	—	—	—	—	—	—	18.51M	—	—	34.56M
Net intangible assets	0	0	0	0	0	0	3.27M	9.71M	10.22M	8.49M	38.72M	32.82M	25.92M	19.32M	12.88M	6.84M	667.00K	2.38M	2.38M
Goodwill, net	—	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	—	—	—	0	0	0	3.27M	9.71M	10.22M	8.49M	38.72M	32.82M	25.92M	19.32M	12.88M	6.84M	667.00K	2.38M	2.38M
Other long term assets, total	0	0	0	0	0	6.47M	20.38M	0	121.87M	58.40M	46.96M	54.46M	139.04M	159.82M	65.19M	31.76M	98.92M	129.70M	33.77M
Short term debt	10.12M	0	1.31M	0	4.20M	174.35M	272.87M	465.68M	403.99M	922.87M	737.33M	115.88M	99.64M	11.55M	15.40M	53.99M	175.12M	211.00M	177.26M
Current portion of LT debt and capital leases	—	—	—	—	4.20M	42.00M	26.95M	1.10M	178.99M	487.43M	72.94M	70.94M	55.64M	11.55M	15.40M	13.87M	19.30M	30.80M	19.17M
Short term debt excl. current portion of LT debt	10.12M	0	1.31M	0	0	132.35M	245.92M	464.58M	225.00M	435.45M	664.39M	44.93M	44.00M	0	0	40.12M	155.82M	180.19M	158.09M
Accounts payable	5.68M	43.10M	45.08M	56.37M	85.77M	84.77M	158.21M	184.73M	114.50M	273.31M	354.28M	546.19M	446.63M	632.31M	922.39M	713.88M	440.69M	727.81M	1.42B
Income tax payable	3.62M	24.57M	28.60M	0	0	12.33K	13.11K	3.55M	2.35M	—	1.29M	3.53M	808.00K	103.46M	117.87M	121.56M	133.93M	792.00K	14.73M
Long term debt	6.97M	37.52M	29.60M	65.96K	105.96M	26.00M	1.88M	778.99K	0	178.74M	89.15M	143.16M	0	17.37M	26.18M	26.77M	36.38M	12.67M	63.36M
Long term debt excl. lease liabilities	6.97M	37.52M	29.36M	0	105.96M	26.00M	-127	0	0	178.74M	89.15M	143.16M	0	17.37M	26.18M	26.77M	36.38M	12.67M	52.69M
Total equity	74.51M	153.25M	668.01M	1.00B	915.00M	823.03M	722.42M	650.08M	371.92M	100.67M	817.92M	1.41B	1.52B	1.81B	2.03B	2.42B	1.99B	2.78B	3.99B
Shareholders' equity	74.51M	153.25M	668.01M	1.00B	915.00M	823.03M	722.42M	650.08M	371.92M	100.67M	817.92M	1.41B	1.52B	1.81B	2.03B	2.42B	1.99B	2.78B	3.99B
Common equity, total	74.51M	153.25M	668.01M	1.00B	915.00M	823.03M	722.42M	650.08M	371.92M	100.67M	817.92M	1.41B	1.52B	1.81B	2.03B	2.42B	1.99B	2.78B	3.99B
Other common equity	20.94M	83.18M	213.79M	260.77M	171.56M	79.59M	-21.01M	57.44M	39.11M	38.42M	539.61M	64.30M	87.59M	110.86M	94.67M	97.58M	110.07M	265.39M	544.65M
Total debt	17.09M	37.52M	30.91M	65.96K	110.16M	200.35M	274.75M	466.46M	403.99M	1.10B	826.49M	259.03M	99.64M	28.92M	41.58M	80.76M	211.50M	223.67M	240.62M
Net debt	8.23M	—	—	—	-210.11M	-177.38M	32.86M	372.91M	374.02M	1.01B	535.05M	13.29M	-152.29M	-790.84M	-197.32M	-421.45M	-189.16M	-199.50M	-720.12M
Change in accounts receivable	-19.84M	-126.16M	-13.18M	66.03M	-168.87M	34.35M	-148.47M	36.72M	-119.54M	-299.59M	-211.95M	-365.14M	4.57M	-298.44M	-490.56M	221.40M	210.36M	-445.62M	-888.34M
Change in taxes payable	0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	7.25M	73.92M	4.79M	-63.86M	37.92M	—	67.11M	29.05M	44.73M	212.36M	270.62M	286.83M	-88.21M	201.07M	371.59M	-208.16M	-262.16M	287.61M	704.01M
Change in other assets/liabilities	0	0	0	0	0	-44.46M	0	72.83M	9.97M	55.90M	-530.02M	-26.76M	183.52M	276.73M	-527.64M	6.30M	80.39M	-542.52M	-503.98M
Sale of fixed assets & businesses	71.70K	33.11M	2.10M	6.01M	1.10M	335.00K	41.31M	124.26M	71.43M	0	115.86M	0	1.52M	2.83M	0	106.00K	0	0	0
Purchase/sale of investments, net	1.43M	—	-349.39M	-59.92M	343.43M	-68.86M	45.78M	145.00M	0	-11.67M	3.83M	0	-58.75M	0	0	-61.00M	-130.00M	47.47M	-162.03M
Sale/maturity of investments	1.43M	—	0	722.37M	383.48M	376.91M	48.39M	145.00M	0	0	3.83M	0	0	0	0	0	10.00M	567.53M	862.97M
Purchase of investments	0	—	-349.39M	-782.29M	-40.05M	-445.77M	-2.61M	0	0	-11.67M	0	0	-58.75M	0	0	-61.00M	-140.00M	-520.05M	-1.02B
Other investing cash flow items, total	0	0	0	0	0	0	22.84M	338.15M	-169.72M	-11.67M	0	0	0	0	0	-20.00M	-66.72M	96.11M	0
Issuance/retirement of debt, net	6.33M	20.42M	-6.61M	-79.70K	110.09M	-42.16M	74.31M	191.71M	231.04M	141.94M	-275.13M	-567.45M	-144.09M	-55.64M	24.79M	48.45M	118.07M	21.08M	31.23M
Issuance/retirement of long term debt	6.33M	20.42M	-6.61M	-79.70K	110.09M	-42.16M	74.31M	191.71M	0	141.94M	-504.07M	52.00M	-143.16M	-55.64M	24.79M	8.45M	2.47M	-3.21M	53.32M
Issuance/retirement of short term debt	0	—	0	0	0	—	—	—	231.04M	0	228.94M	-619.46M	-934.00K	0	0	40.00M	115.60M	24.29M	-22.10M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other financing cash flow items, total	0	0	0	0	0	0	0	0	0	0	0	0	0	-44.00M	0	0	0	0	0

Particulars	Mar 2006	Mar 2007	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-2.27M	-4.99M	-8.16M	-64.99K	-2.67M	-16.79M	-25.04M	-91.78M	-94.53M	-107.90M	-76.54M	-63.37M	-57.21M	-28.52M	-6.13M	-8.06M	-24.64M	-19.96M	-32.91M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	-23.00K	0	0	0	0	—	—	—
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	6.11M	15.71M	61.87M
Total assets	115.32M	287.79M	813.18M	1.16B	1.22B	1.14B	1.24B	1.73B	1.50B	1.71B	2.09B	2.52B	2.18B	3.08B	3.48B	3.40B	2.97B	3.84B	5.96B
Total current assets	80.07M	220.33M	253.65M	354.18M	720.28M	740.40M	764.04M	453.95M	315.38M	644.95M	881.79M	1.38B	1.18B	1.90B	2.04B	2.12B	1.77B	2.23B	4.49B
Cash and short term investments	8.86M	22.08M	42.13M	79.85M	320.27M	377.73M	241.89M	93.55M	29.97M	96.58M	291.43M	245.74M	251.94M	819.76M	238.91M	502.20M	400.66M	423.17M	960.74M
Cash & equivalents	2.79M	16.45M	8.67M	12.66M	38.97M	2.99M	44.14M	93.55M	29.97M	96.57M	291.43M	245.74M	29.71M	619.57M	227.42M	279.55M	172.66M	85.88M	199.30M
Short term investments	6.07M	5.63M	33.46M	67.19M	281.30M	374.74M	197.75M	0	0	13.16K	0	0	222.22M	200.19M	11.48M	222.66M	227.99M	337.28M	761.45M
Total receivables, net	67.96M	187.93M	181.23M	212.47M	282.57M	241.58M	408.95M	239.63M	202.40M	472.96M	539.98M	898.39M	699.17M	920.41M	1.56B	1.38B	1.18B	1.64B	3.11B
Accounts receivable - trade, net	63.07M	183.54M	152.26M	98.39M	270.16M	185.85M	152.87M	109.80M	50.22M	455.26M	520.20M	787.47M	676.26M	896.84M	1.56B	1.33B	1.07B	1.62B	3.10B
Other receivables	4.89M	4.39M	28.97M	114.08M	12.41M	55.72M	256.08M	129.84M	152.18M	17.69M	19.78M	110.93M	22.90M	23.58M	952.00K	46.12M	117.18M	28.05M	1.36M
Total inventory	50.34K	932.00K	1.03M	0	23.20M	39.71M	104.10M	106.68M	55.98M	68.10M	29.38M	138.60M	133.98M	53.20M	0	0	0	32.49M	108.48M
Other current assets, total	360.99K	507.49K	1.69M	20.41M	51.39M	76.27M	0	764.48K	1.10M	1.84M	11.21M	72.30M	93.43M	89.59M	162.15M	165.42M	73.15M	104.21M	272.40M
Total non-current assets	35.25M	67.46M	559.53M	803.55M	497.97M	398.18M	478.23M	1.27B	1.18B	1.06B	1.21B	1.14B	1.00B	1.18B	1.44B	1.28B	1.19B	1.62B	1.46B
Long term investments	1.06M	65.45K	343.41M	397.21M	40.02M	0	0	22.87M	0	48.63M	328.51M	87.28M	0	116.88M	48.81M	106.91M	132.54M	349.38M	207.30M
Note receivable - long term	—	—	—	—	—	—	—	0	0	—	467.00K	443.00K	—	116.88M	876.00K	732.00K	1.19M	4.29M	—
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	6.11M	21.82M	83.69M
Other investments	1.06M	65.45K	343.41M	397.21M	40.02M	0	0	22.87M	0	48.63M	328.05M	86.83M	0	0	47.94M	106.18M	125.24M	327.56M	123.61M
Net property/plant/equipment	33.95M	67.40M	211.10M	406.34M	457.96M	391.70M	416.56M	1.24B	1.05B	945.58M	795.29M	968.15M	839.20M	882.29M	1.31B	1.11B	956.74M	1.13B	1.18B
Gross property/plant/equipment	69.68M	85.45M	248.48M	508.38M	645.82M	663.99M	747.67M	1.69B	1.63B	1.71B	906.91M	1.24B	1.29B	1.51B	2.14B	2.21B	2.71B	3.04B	3.24B
Deferred tax assets	—	—	0	6.98M	—	—	38.02M	—	—	—	—	—	—	—	—	18.51M	—	—	34.56M
Net intangible assets	0	0	0	0	0	0	3.27M	9.71M	10.22M	8.49M	38.72M	32.82M	25.92M	19.32M	12.88M	6.84M	667.00K	2.38M	2.38M
Goodwill, net	—	—	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	—	—	—	0	0	0	3.27M	9.71M	10.22M	8.49M	38.72M	32.82M	25.92M	19.32M	12.88M	6.84M	667.00K	2.38M	2.38M
Other long term assets, total	0	0	0	0	0	6.47M	20.38M	0	121.87M	58.40M	46.96M	54.46M	139.04M	159.82M	65.19M	31.76M	98.92M	129.70M	33.77M
Short term debt	10.12M	0	1.31M	0	4.20M	174.35M	272.87M	465.68M	403.99M	922.87M	737.33M	115.88M	99.64M	11.55M	15.40M	53.99M	175.12M	211.00M	177.26M
Current portion of LT debt and capital leases	—	—	—	—	4.20M	42.00M	26.95M	1.10M	178.99M	487.43M	72.94M	70.94M	55.64M	11.55M	15.40M	13.87M	19.30M	30.80M	19.17M
Short term debt excl. current portion of LT debt	10.12M	0	1.31M	0	0	132.35M	245.92M	464.58M	225.00M	435.45M	664.39M	44.93M	44.00M	0	0	40.12M	155.82M	180.19M	158.09M
Accounts payable	5.68M	43.10M	45.08M	56.37M	85.77M	84.77M	158.21M	184.73M	114.50M	273.31M	354.28M	546.19M	446.63M	632.31M	922.39M	713.88M	440.69M	727.81M	1.42B
Income tax payable	3.62M	24.57M	28.60M	0	0	12.33K	13.11K	3.55M	2.35M	—	1.29M	3.53M	808.00K	103.46M	117.87M	121.56M	133.93M	792.00K	14.73M
Long term debt	6.97M	37.52M	29.60M	65.96K	105.96M	26.00M	1.88M	778.99K	0	178.74M	89.15M	143.16M	0	17.37M	26.18M	26.77M	36.38M	12.67M	63.36M
Long term debt excl. lease liabilities	6.97M	37.52M	29.36M	0	105.96M	26.00M	-127	0	0	178.74M	89.15M	143.16M	0	17.37M	26.18M	26.77M	36.38M	12.67M	52.69M
Total equity	74.51M	153.25M	668.01M	1.00B	915.00M	823.03M	722.42M	650.08M	371.92M	100.67M	817.92M	1.41B	1.52B	1.81B	2.03B	2.42B	1.99B	2.78B	3.99B
Shareholders' equity	74.51M	153.25M	668.01M	1.00B	915.00M	823.03M	722.42M	650.08M	371.92M	100.67M	817.92M	1.41B	1.52B	1.81B	2.03B	2.42B	1.99B	2.78B	3.99B
Common equity, total	74.51M	153.25M	668.01M	1.00B	915.00M	823.03M	722.42M	650.08M	371.92M	100.67M	817.92M	1.41B	1.52B	1.81B	2.03B	2.42B	1.99B	2.78B	3.99B
Other common equity	20.94M	83.18M	213.79M	260.77M	171.56M	79.59M	-21.01M	57.44M	39.11M	38.42M	539.61M	64.30M	87.59M	110.86M	94.67M	97.58M	110.07M	265.39M	544.65M
Total debt	17.09M	37.52M	30.91M	65.96K	110.16M	200.35M	274.75M	466.46M	403.99M	1.10B	826.49M	259.03M	99.64M	28.92M	41.58M	80.76M	211.50M	223.67M	240.62M
Net debt	8.23M	—	—	—	-210.11M	-177.38M	32.86M	372.91M	374.02M	1.01B	535.05M	13.29M	-152.29M	-790.84M	-197.32M	-421.45M	-189.16M	-199.50M	-720.12M
Change in accounts receivable	-19.84M	-126.16M	-13.18M	66.03M	-168.87M	34.35M	-148.47M	36.72M	-119.54M	-299.59M	-211.95M	-365.14M	4.57M	-298.44M	-490.56M	221.40M	210.36M	-445.62M	-888.34M
Change in taxes payable	0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	7.25M	73.92M	4.79M	-63.86M	37.92M	—	67.11M	29.05M	44.73M	212.36M	270.62M	286.83M	-88.21M	201.07M	371.59M	-208.16M	-262.16M	287.61M	704.01M
Change in other assets/liabilities	0	0	0	0	0	-44.46M	0	72.83M	9.97M	55.90M	-530.02M	-26.76M	183.52M	276.73M	-527.64M	6.30M	80.39M	-542.52M	-503.98M
Sale of fixed assets & businesses	71.70K	33.11M	2.10M	6.01M	1.10M	335.00K	41.31M	124.26M	71.43M	0	115.86M	0	1.52M	2.83M	0	106.00K	0	0	0
Purchase/sale of investments, net	1.43M	—	-349.39M	-59.92M	343.43M	-68.86M	45.78M	145.00M	0	-11.67M	3.83M	0	-58.75M	0	0	-61.00M	-130.00M	47.47M	-162.03M
Sale/maturity of investments	1.43M	—	0	722.37M	383.48M	376.91M	48.39M	145.00M	0	0	3.83M	0	0	0	0	0	10.00M	567.53M	862.97M
Purchase of investments	0	—	-349.39M	-782.29M	-40.05M	-445.77M	-2.61M	0	0	-11.67M	0	0	-58.75M	0	0	-61.00M	-140.00M	-520.05M	-1.02B
Other investing cash flow items, total	0	0	0	0	0	0	22.84M	338.15M	-169.72M	-11.67M	0	0	0	0	0	-20.00M	-66.72M	96.11M	0
Issuance/retirement of debt, net	6.33M	20.42M	-6.61M	-79.70K	110.09M	-42.16M	74.31M	191.71M	231.04M	141.94M	-275.13M	-567.45M	-144.09M	-55.64M	24.79M	48.45M	118.07M	21.08M	31.23M
Issuance/retirement of long term debt	6.33M	20.42M	-6.61M	-79.70K	110.09M	-42.16M	74.31M	191.71M	0	141.94M	-504.07M	52.00M	-143.16M	-55.64M	24.79M	8.45M	2.47M	-3.21M	53.32M
Issuance/retirement of short term debt	0	—	0	0	0	—	—	—	231.04M	0	228.94M	-619.46M	-934.00K	0	0	40.00M	115.60M	24.29M	-22.10M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other financing cash flow items, total	0	0	0	0	0	0	0	0	0	0	0	0	0	-44.00M	0	0	0	0	0