Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Aakash Exploration Services Limited (AAKASH)
Small CapPower stocks · Small cap · NSE
Aakash Exploration Services Limited operates in Oilfield Services, within the Power sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹8.14
-0.07 · -0.85%
Market cap ₹85.4 Cr
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 12:55 am IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Power P/E 16.8 (n=92)
Technical timing lens
Trend score and candlestick chart
18Strong Bearfull bear SMA stack · SMA20 -3.0% / mo · MACD − · near 52W low
Stock trend: 18
Sector RS: —
Power FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
AAKASHD candles · FIT view+0.9%Latest close ₹8.14 on 2026-10-19
Bar
-2.0%
RSI
36
MACD hist
-0.02
52W pos
20%
2026-10-19O ₹8.31H ₹8.40L ₹8.02C ₹8.14Vol 42,368 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
AAKASHNifty PowerNifty 500
- AAKASH
- -9.4%
- Nifty 500
- -5.6%
- Nifty Power
- -13.0%
- Vs Nifty 500
- -3.8 pp
Chart stats
19 Oct 2026- From 52W high
- -39.3%
- 52W range position
- 20%
- ATR (14)
- 5.3%
- Volume vs 20D
- 0.46x
- Avg traded value
- ₹0.1 Cr
- 20D price channel
- ₹6.9 - ₹9.5
₹13.4
₹6.9 - ₹13.4
₹0.4
Latest completed session
20-session average
20.8% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · OVERVALUED21
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue +16.9% · PAT -3.7% YoY
Technical
Strong Bear18
Price trend and sector-relative-strength timing.
Valuation
Legacy model-486.8%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence69
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100PAT -4% YoY · margin compression · Rev +17% YoY
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹27.9 Cr | +16.9% | -14.6% |
| EBITDA | ₹2.2 Cr | -22.2% | -57.9% |
| Operating margin | 8.0% | -404 bps | -826 bps |
| PAT | ₹0.5 Cr | -3.7% | -72.3% |
| PAT margin | 1.9% | -40 bps | -390 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 16.80
- P/B
- 1.43
- EV/EBITDA
- 4.52
- Market Cap
- 85.40Cr
Profitability
- ROE
- 11.20%
- ROCE
- 12.60%
- ROA
- 5.75%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- -17.00%
- EPS 5Y
- -17.00%
- Revenue 3Y
- 13.00%
- EPS 3Y
- 13.00%
Balance Sheet
- Debt/Equity
- 0.23
- Interest Coverage
- 7.50×
- Altman Z
- 4.70
- Book Value
- 5.91
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 0/5
- OCF
- 10.00 Cr
- EPS TTM
- 0.51
Shareholding
- Promoter Hold
- 66.54%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 20%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 27.9-14.6% vs prev
Net Profit
₹ CrLatest: 0.5-72.3% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 36.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- Recent death cross (SMA50 crossed below SMA200).
- SMA20 falling (~3.1% over last month) — short-term momentum negative.
- RSI(14) at 36 — falling, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 39% off 52W high · 19% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
52
RS percentile
Stage 4 Downtrend
1M return
-8.3%
3M return
-9.4%
6M return
+0.2%
1Y return
-10.1%
RS 1D
0
RS 20D
+3
Sector rank
#11
Industry rank
#2
Stage evidence
- Price is 6.8% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -1.4%.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 86.56+0.17%
RS vs Nifty 50087
Valuation & peers
U-Score 21 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 21 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation9/30
Growth2/25
Quality2/20
Balance Sheet10/15
Cash Flow1/10
Piotroski
8/9 (+5)
Penalties
-8
Raw sum
21
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
21/100 · legacy band OVERVALUED
Positive drivers
- Piotroski is strong at 8/9.
- Balance sheet contributes 10/15 to the score.
- Valuation contributes 9/30 to the score.
Main drags
- Penalty bucket subtracts 8 points.
- Fair-value margin of safety is negative at -486.8%.
- Growth is weaker at 2/25; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
16.8
PB
1.4
EV/EBITDA
4.5
ROE
11.2%
ROCE
12.6%
FCF Yield
—
Debt/Equity
0.2
MoS
-486.8%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
21
Previous: 21
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-486.8%
Previous: -486.8%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
21
21
21
21
20
21
20
21
21
21
21
21
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹8.24
+1.2% MoS
Growth-justified P/E
2.7
Growth-justified Value
₹1.39
-486.8% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Power — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
ASIANENE
Small
Asian Energy Services Limited
Oil & Gas
match 149
35
34.6
12.8%
-10%
WATCHLIST
DEEPINDS
Small
Deep Industries Limited
Oil & Gas
match 147
63
11.5
19.2%
+14%
UNDERVALUED
ALPHAGEO
Small
Alphageo (India) Limited
Oil & Gas
match 131
23
—
-5.5%
—
OVERVALUED
ARABIAN
SME
Arabian Petroleum Ltd.
Oil & Gas
match 128
53
10.1
17.6%
+61%
FAIR VALUE
BHARATCOAL
Small
Bharat Coking Coal Limited
Oil & Gas
match 122
20
—
1.9%
—
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Aakash Exploration Services Limited operates in Oilfield Services, within the Power sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
69Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 59th percentile of the scored universe and 71st percentile within Power. Main check: cash conversion is weak at 43/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
59th percentile
overall median 67 · Power: 71st pctile, median 65 · Small: 63rd pctile, median 66
Evidence depth
Financial-only
0 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
43
weak · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
74
acceptable · quarterly consistency
Trust positives
- ▸Promoter holding is 66.5%.
- ▸Promoter pledge is zero.
- ▸4/4 latest quarters had positive YoY revenue growth.
- ▸3/4 latest quarters had positive YoY PAT growth.
Trust risks
- ▸Only 0 years of positive FCF.
- ▸4 older quarters in the 8-quarter window had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Aakash Exploration Services Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.