Aakash Exploration Services (AAKASH)₹7.96+3.65%Offshore Support Solution Drilling
In the Mar 2026 quarter (standalone), Aakash Exploration Services reported sales of ₹32.54 Cr, up 26.7% from Mar 2025, and net profit of ₹1.87 Cr, up 592.6% year on year. For the year to Mar 2026, sales were ₹112 Cr and net profit ₹3.98 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 18.25 | 21.17 | 21.73 | 30.79 | 25.94 | 22.99 | 23.27 | 25.68 | 23.80 | 24.74 | 31.03 | 32.54 |
| Expenses | 14.77 | 17.28 | 18.95 | 23.86 | 22.60 | 20.94 | 21.09 | 23.16 | 20.90 | 21.81 | 27.10 | 27.22 |
| Operating Profit | 3.48 | 3.91 | 2.80 | 6.95 | 3.35 | 2.04 | 2.21 | 2.56 | 2.89 | 2.93 | 3.97 | 5.33 |
| OPM % | 19.1% | 18.4% | 12.8% | 22.5% | 12.9% | 8.9% | 9.5% | 10.0% | 12.1% | 11.8% | 12.8% | 16.4% |
| Other Income | 0.07 | 0.11 | 0.06 | 0.40 | 0.54 | 0.38 | 0.32 | 0.38 | 0.30 | 0.19 | 0.23 | 0.60 |
| Interest | 0.34 | 0.47 | 0.34 | 0.59 | 0.53 | 0.47 | 0.34 | 0.59 | 0.57 | 0.50 | 0.44 | 0.36 |
| Depreciation | 1.79 | 1.83 | 1.94 | 1.95 | 1.70 | 1.73 | 1.77 | 1.93 | 1.87 | 2.21 | 2.64 | 2.86 |
| Profit before tax | 1.39 | 1.69 | 0.55 | 4.78 | 1.63 | 0.19 | 0.39 | 0.39 | 0.72 | 0.38 | 1.09 | 2.68 |
| Tax % | 25.3% | 25.5% | 24.0% | 26.3% | 26.4% | 38.8% | 28.9% | 28.9% | 25.3% | 24.3% | 25.9% | 29.5% |
| Net Profit | 1.03 | 1.25 | 0.40 | 3.50 | 1.19 | 0.10 | 0.25 | 0.27 | 0.53 | 0.27 | 0.79 | 1.87 |
| EPS (Rs) | 0.09 | 0.11 | 0.03 | 0.34 | 0.11 | 0.00 | 0.02 | 0.02 | 0.04 | 0.02 | 0.07 | 0.18 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 24.90 | 33.88 | 40.86 | 51.80 | 66.81 | 59.79 | 76.73 | 92.75 | 91.70 | 97.67 | 112 | 112 |
| Expenses | 20.92 | 26.93 | 32.87 | 43.83 | 51.80 | 46.87 | 61.77 | 78.66 | 74.73 | 87.76 | 96.60 | 97.03 |
| Operating Profit | 4.01 | 7.01 | 8.01 | 8.01 | 15.01 | 13.01 | 15.01 | 13.01 | 17.01 | 10.01 | 15.02 | 15.12 |
| OPM % | 17.0% | 20.1% | 19.0% | 15.1% | 23.1% | 21.1% | 20.0% | 14.1% | 19.1% | 10.1% | 13.1% | 13.5% |
| Other Income | 1.01 | 0.00 | 0.00 | 2.01 | 0.00 | 1.01 | 1.01 | 1.01 | 1.01 | 2.01 | 1.01 | 1.32 |
| Interest | 0.99 | 0.99 | 0.99 | 0.99 | 2.99 | 1.99 | 0.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.87 |
| Depreciation | 2.99 | 3.99 | 2.99 | 3.99 | 5.98 | 5.98 | 5.98 | 6.97 | 7.97 | 6.98 | 9.96 | 9.58 |
| Profit before tax | 1.01 | 2.01 | 3.01 | 5.01 | 7.01 | 6.01 | 8.01 | 6.01 | 8.02 | 3.01 | 5.01 | 4.87 |
| Tax % | 36.9% | 33.9% | 27.9% | 31.0% | 28.0% | 24.9% | 24.9% | 26.0% | 25.9% | 27.9% | 27.9% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 0.00 | 0.99 | 1.99 | 2.99 | 4.98 | 3.99 | 5.98 | 4.98 | 5.98 | 1.99 | 3.98 | 3.46 |
| EPS (Rs) | 0.05 | 0.14 | 0.30 | 0.32 | 0.47 | 0.40 | 0.59 | 0.44 | 0.60 | 0.17 | 0.34 | 0.31 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.99 | 5.00 | 5.00 | 5.00 | 7.00 | 10.00 | 9.99 | 10.01 | 10.01 | 10.00 | 9.99 | 9.98 |
| Reserves | 5.01 | 11.02 | 12.03 | 14.03 | 26.05 | 27.07 | 31.05 | 38.11 | 42.09 | 48.09 | 50.08 | 54.07 |
| Borrowings | 13.02 | 13.02 | 15.03 | 20.02 | 27.04 | 24.02 | 18.01 | 16.02 | 24.06 | 26.03 | 23.03 | 22.02 |
| Other Liabilities | 6.04 | 2.01 | 2.01 | 5.02 | 3.02 | 6.02 | 6.03 | 7.03 | 7.03 | 10.04 | 13.07 | 20.10 |
| Total Liabilities | 25.06 | 31.05 | 34.07 | 45.07 | 63.11 | 67.11 | 66.08 | 71.17 | 83.19 | 94.16 | 96.17 | 106 |
| Fixed Assets | 13.04 | 17.04 | 19.06 | 18.05 | 39.12 | 45.10 | 42.08 | 46.14 | 63.18 | 59.16 | 61.14 | 71.15 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.99 | 0.00 | 0.00 | 6.98 | 2.99 | 0.00 |
| Other Assets | 13.02 | 14.01 | 15.01 | 27.02 | 23.99 | 22.01 | 21.01 | 25.03 | 20.01 | 28.02 | 32.04 | 35.02 |
| Trade receivables | 8.84 | 6.43 | 8.82 | 18.70 | 18.39 | 17.28 | 14.87 | 21.15 | 15.36 | 24.45 | 21.55 | 24.71 |
| Cash & equivalents | 0.59 | 4.18 | 3.05 | 0.94 | 0.62 | 0.51 | 1.24 | 0.35 | 1.27 | 0.84 | 0.42 | 0.12 |
| Total Assets | 25.06 | 31.05 | 34.07 | 45.07 | 63.11 | 67.11 | 66.08 | 71.17 | 83.19 | 94.16 | 96.17 | 106 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 4.99 | 0.00 | 13.99 | 17.98 | 13.99 | 9.99 | 17.97 | 9.99 | 7.99 | 13.99 |
| Cash from investing activity | −6.01 | −2.01 | −15.01 | −12.01 | −6.01 | −7.01 | −24.02 | −10.01 | −4.01 | −16.01 |
| Cash from financing activity | −0.99 | 0.00 | 0.00 | −5.99 | −6.99 | −2.99 | 5.99 | 0.00 | −3.99 | 0.99 |
| Net cash flow | −1.01 | −2.01 | 0.00 | 0.00 | 1.01 | −1.01 | 1.01 | 0.00 | 0.00 | 0.00 |
| Capex | 6.06 | 2.03 | 25.04 | 12.27 | 3.21 | 10.35 | 24.16 | 3.53 | 9.11 | 19.33 |
| Free cash flow | −0.99 | −1.99 | −10.97 | 5.98 | 10.97 | −0.99 | −5.98 | 6.98 | −0.99 | −4.99 |
| CFO / OP % | 91.9% | −1.0% | 184.0% | 127.0% | 120.9% | 70.9% | 154.9% | 60.9% | 100.9% | 97.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 140 | 95 | 96 | 167 | 130 | 94 | 91 | 101 | 61 | 97 | 80 | 80 |
| Inventory days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash conversion cycle | 141 | 96 | 97 | 168 | 131 | 95 | 92 | 102 | 62 | 98 | 81 | 81 |
| Working capital days | −47 | 9 | 24 | 122 | 84 | 17 | 5 | 21 | −32 | −8 | −24 | −19 |
| ROCE % | — | 7.0% | 10.0% | 13.0% | 12.0% | 16.0% | 12.0% | 15.0% | 11.0% | 13.0% | 5.0% | 8.0% |
For the Mar 2026 quarter, Aakash Exploration Services reported sales of ₹32.54 Cr, up 26.7% year on year and net profit of ₹1.87 Cr, up 592.6% year on year. The operating margin was 16.4%.
Aakash Exploration Services' sales for the year to Mar 2026 were ₹112 Cr; over the last twelve months they were ₹112 Cr.
Net profit for the year to Mar 2026 was ₹3.98 Cr, and ₹3.46 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.31.
Aakash Exploration Services reported borrowings of ₹22.02 Cr at Mar 2026, against cash and equivalents of ₹0.12 Cr.
Cash from operations was ₹13.99 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹4.99 Cr.