Financials Aakash Exploration Services Limited

Equities

AAKASH

INE087Z01024

Oil Related Services and Equipment

Delayed NSE India S.E. 05:16:17 01/07/2024 BST 5-day change 1st Jan Change
14.16 INR +9.94% Intraday chart for Aakash Exploration Services Limited +16.16% +23.13%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023
Capitalization 1 121.5 335.6 1,316 2,516 602.4
Enterprise Value (EV) 1 385.7 567.4 1,458 2,676 834.3
P/E ratio 3.67 x 6.91 x 31.8 x 41.1 x 13.3 x
Yield - - - - -
Capitalization / Revenue 0.24 x 0.5 x 2.2 x 3.26 x 0.65 x
EV / Revenue 0.75 x 0.84 x 2.44 x 3.47 x 0.9 x
EV / EBITDA 4.98 x 3.67 x 11.4 x 17.2 x 6.22 x
EV / FCF -2.07 x 34.3 x 18.6 x -51.4 x -10.9 x
FCF Yield -48.4% 2.92% 5.38% -1.95% -9.18%
Price to Book 0.37 x 0.89 x 3.17 x 5.27 x 1.15 x
Nbr of stocks (in thousands) 101,250 101,250 101,250 101,250 101,250
Reference price 2 1.200 3.315 13.00 24.85 5.950
Announcement Date 05/09/19 28/08/20 12/08/21 26/08/22 25/08/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 409.6 516.7 674.8 597.7 771.4 925.8
EBITDA 1 76.78 77.46 154.4 127.6 155.8 134.2
EBIT 1 43.57 38.16 91.98 68.41 93.27 64.09
Operating Margin 10.64% 7.39% 13.63% 11.44% 12.09% 6.92%
Earnings before Tax (EBT) 1 32.52 48.27 67.69 55.5 82.09 61.37
Net income 1 23.35 33.12 48.63 41.36 61.21 45.36
Net margin 5.7% 6.41% 7.21% 6.92% 7.94% 4.9%
EPS 2 0.3147 0.3271 0.4800 0.4085 0.6046 0.4480
Free Cash Flow 1 -74.69 -186.7 16.55 78.47 -52.09 -76.57
FCF margin -18.23% -36.13% 2.45% 13.13% -6.75% -8.27%
FCF Conversion (EBITDA) - - 10.72% 61.5% - -
FCF Conversion (Net income) - - 34.04% 189.72% - -
Dividend per Share - - - - - -
Announcement Date 05/09/18 05/09/19 28/08/20 12/08/21 26/08/22 25/08/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 195 264 232 141 160 232
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.537 x 3.411 x 1.5 x 1.108 x 1.025 x 1.728 x
Free Cash Flow 1 -74.7 -187 16.6 78.5 -52.1 -76.6
ROE (net income / shareholders' equity) 12.9% 12.7% 13.8% 10.5% 13.7% 9.07%
ROA (Net income/ Total Assets) 6.95% 4.43% 8.76% 6.46% 8.54% 5.2%
Assets 1 336.2 747.5 555.3 640.3 716.9 873
Book Value Per Share 2 2.600 3.230 3.710 4.100 4.720 5.170
Cash Flow per Share 2 0.1200 0.0600 0.0500 0.1200 0.0300 0.1200
Capex 1 20.2 250 125 32 103 241
Capex / Sales 4.94% 48.33% 18.52% 5.36% 13.4% 26.05%
Announcement Date 05/09/18 05/09/19 28/08/20 12/08/21 26/08/22 25/08/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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