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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Asian Energy Services Limited is an India-based service provider to the energy and minerals sector. The Company provides services that include geophysical data acquisition, production facility, engineering procurement and construction (EPC), and operation and maintenance. The…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling business, fairly priced — but flagged on governance.
ASIAN ENERGY SERVICES LTD is scored on the commodity / cyclical framework. It keeps a slim 6.5% of every rupee of sales as net profit. Cash broadly tracks reported profit (CFO/PAT 1.02×). Free cash flow is worth about -5.4% of its market value.
Book value itself has compounded 35%/yr — the hallmark of a genuine compounder. Return on equity is a healthy 12.6%. In the latest quarter profit grew 34% versus the prior quarter.
At 40× earnings, the stock sits at the 57th percentile of its own 2.6-year range — the middle of where it has historically traded. Today's price implies ~12%/yr earnings growth for a decade. The forensic screen raises 2 red flags: Only ₹-0.36 of cash per ₹1 profit over 4 years — earnings not converting to cash; Share count up 37% over 4 years — heavy equity dilution.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 24.64 | — | — |
| P/B | 3.18 | 3.64 | better |
| EV/EBITDA | 14.58 | — | — |
| ROE | 12.56 | 7.15 | better |
| ROCE | 15.28 | 8.32 | better |
| ROA | 8.14 | — | — |
| Quick Ratio | 2.11 | 1.83 | better |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| ONGC | 5.8 | 0.7 | 12.3% |
| Oil India | 7.5 | 1.2 | 11.4% |
| Vedanta OIL AND GAS | 8.6 | 0.7 | 5.8% |
Revenue has grown every year across all 4 financial years shown. 91% CAGR over 3 years — high-growth territory. Growth is accelerating — latest year outpaced the prior year's rate.
1 of the 4 years shown had a loss — profitability is inconsistent.
Operating margin has expanded from -39% to 9% — the business is keeping more of each rupee earned. The gap between operating and net margin is widening — interest or tax costs are rising.
ROE at 10% — modest; the capital isn't working hard. Capital efficiency improving — ROE up 33pp across the window.
EPS has grown every year — each share earns more than the last, consistently. Profit grew faster than EPS (42% vs 23%) — share dilution is eroding per-share value. 23% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
3 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Investing outflows exceed operating cash — the company relies on external funding to finance expansion. Raising capital despite positive cash flow — could signal expansion plans or opportunistic fundraising.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating.
Profit jumped 34% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 2.6y median.
Promoter holding at 56.1% — majority control intact. Promoters reduced 4.6pp over 4 quarters — watch whether this is planned divestment or pledge invocations.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.