Aakash Explor.

Why is Aakash Exploration Services Ltd falling/rising?

As of 18-Jul, Aakash Exploration Services Ltd's stock price is declining at 8.95, with a significant drop in delivery volume and a year-to-date return of -13.02%. Despite a recent profit increase, the stock's long-term fundamentals and investor sentiment remain weak, contributing to its downward trend.

As of 18-Jul, Aakash Exploration Services Ltd's stock price is falling, currently at 8.95, reflecting a change of -0.12 (-1.32%). The stock has underperformed its sector by 3.01% today, indicating a decline in investor interest. This is further supported by a significant drop in delivery volume, which fell by 69.25% compared to the 5-day average, suggesting reduced trading activity and interest among investors.<BR><BR>Over the past year, the stock has generated a return of -13.02%, which is notably worse than the broader market's decline of -0.67%. Additionally, the company has shown weak long-term fundamental strength, with a compound annual growth rate (CAGR) of -4.32% in operating profits over the last five years. Despite a significant increase in profits by 89.2% over the past year, the stock's performance has not translated into positive returns for investors, leading to a perception of weakness.<BR><BR>The stock is currently trading at a discount compared to its peers' average historical valuations, but this has not been enough to counteract the negative sentiment surrounding its long-term growth prospects and profitability, as indicated by an average Return on Equity (ROE) of only 7.85%. Overall, these factors contribute to the stock's current downward trend.

Which are the latest news on Aakash Explor.?

Should I buy, sell or hold Aakash Exploration Services Ltd?

What does Aakash Explor. do?

Aakash Exploration Services Ltd is a micro-cap company in the oil industry, reporting net sales of 33 Cr and a net profit of 2 Cr for March 2026. It has a market cap of INR 100 Cr and key metrics include a P/E of 20.00 and a debt-equity ratio of 0.16.

Overview: <BR>Aakash Exploration Services Ltd operates in the oil industry and is categorized as a micro-cap company.<BR><BR>History: <BR>The company was originally incorporated as Aakash Exploration Services Private Limited on January 17, 2007, and later converted into a Joint Stock Company from the Partnership Firm M/s. Aakash Roadlines. The latest quarterly results reported net sales and profit for March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 33 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 2 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 100 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 20.00 <BR>Industry P/E: 12 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.16 <BR>Return on Equity: 8.49% <BR>Price to Book: 1.67 <BR><BR>Contact Details: <BR>Address: 424-426 4th Floor Shukan Mall, Nr. Visat Petrol Pump Sabarmati Ahmedabad Gujarat : 380005 <BR>Tel: 91-79-48006633/65423366 <BR>Email: hemang@aakashexploration.com <BR>Website: http://www.aakashexploration.com

How big is Aakash Explor.?

As of 10th June, Aakash Exploration Services Ltd has a market capitalization of 100.00 Cr, with recent Net Sales of 103.30 Cr and a Net Profit of 5.08 Cr. The balance sheet for March 2024 shows Shareholder's Funds of 58.52 Cr and Total Assets of 93.76 Cr.

As of 10th June, Aakash Exploration Services Ltd has a market capitalization of 100.00 Cr, classified as a Micro Cap.<BR><BR>In the latest four quarters, the company reported Net Sales of 103.30 Cr and a Net Profit of 5.08 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 58.52 Cr and Total Assets of 93.76 Cr.

Who are in the management team of Aakash Explor.?

The management team of Aakash Explor includes Hemang Navin Haria (Chairman & Managing Director), Krunal Pravin Haria (Whole Time Director), Vipul Navin Haria (Executive Director and CFO), and three Independent Non-Executive Directors: Divyang Rameshchandra Patel, Piyush Vasanji Savla, and Ami Nirav Shah. They oversee the company's strategic direction and operations.

The management team of Aakash Explor includes the following individuals:<BR><BR>1. **Hemang Navin Haria** - Chairman & Managing Director<BR>2. **Krunal Pravin Haria** - Whole Time Director & Executive Director<BR>3. **Vipul Navin Haria** - Executive Director, Whole Time Director, Chief Financial Officer, and Promoter<BR>4. **Divyang Rameshchandra Patel** - Independent Non-Executive Director<BR>5. **Piyush Vasanji Savla** - Independent Non-Executive Director<BR>6. **Ami Nirav Shah** - Independent Non-Executive Director<BR><BR>This team is responsible for guiding the company's strategic direction and operations.

Who are the peers of the Aakash Explor.?

Aakash Explor.'s peers include Oil Country, GP Petroleums, Alphageo (India), Aban Offshore, Arabian Petrol., Resgen, Cont. Petroleums, DHP India, Greenhitech Ven., and Sanmit Infra. Aakash Explor. has the highest 1-year return at 16.96%, while Alphageo (India) has the lowest at -30.03%.

Peers: The peers of Aakash Explor. are Oil Country, GP Petroleums, Alphageo (India), Aban Offshore, Arabian Petrol., Resgen, Cont. Petroleums, DHP India, Greenhitech Ven., and Sanmit Infra.<BR><BR>Quality Snapshot: Excellent management risk is observed at GP Petroleums, Arabian Petrol., DHP India, and Cont. Petroleums, while Average management risk is found at Resgen and Sanmit Infra. Below Average management risk is noted for Oil Country, Alphageo (India), Aakash Explor., and Greenhitech Ven., and Aban Offshore does not qualify. Growth is Excellent at Resgen, Average at Arabian Petrol. and Sanmit Infra, Below Average at Oil Country, GP Petroleums, Alphageo (India), Aakash Explor., Greenhitech Ven., and the rest. Capital Structure is Excellent at GP Petroleums and DHP India, Good at Alphageo (India), Aakash Explor., and Cont. Petroleums, while Below Average is seen at Oil Country and Greenhitech Ven., and Aban Offshore does not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Aakash Explor. at 16.96%, while the peer with the lowest is Alphageo (India) at -30.03%. Aakash Explor.'s return is significantly higher than that of Alphageo (India). Additionally, peers with negative six-month returns include Oil Country, Arabian Petrol., and Greenhitech Ven.

Is Aakash Explor. overvalued or undervalued?

As of November 7, 2025, Aakash Exploration is considered overvalued with a PE ratio of 17.88 and an EV to EBITDA of 6.95, underperforming compared to peers like Reliance Industries and the Sensex.

As of 7 November 2025, Aakash Exploration has moved from a very attractive to an expensive valuation grade. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 17.88, an EV to EBITDA of 6.95, and a ROE of 8.49%. <BR><BR>In comparison to its peers, Reliance Industries has a higher PE ratio of 24.07 and a more favorable EV to EBITDA of 5.69, indicating that Aakash Exploration is lagging behind in valuation attractiveness. Additionally, ONGC is categorized as very expensive with a PE of 8.77, further emphasizing Aakash's relative overvaluation. The stock has underperformed compared to the Sensex, with a year-to-date return of -12.06% versus the Sensex's 7.81%, reinforcing the notion that Aakash Exploration is currently overvalued.

How has been the historical performance of Aakash Explor.?

Aakash Explor. experienced a slight decline in net sales and operating income for the fiscal year ending March 2024, but showed growth in profitability metrics, with an increase in operating profit, profit before tax, and earnings per share. Total liabilities rose while cash flow from operating activities decreased.

Answer:<BR>The historical performance of Aakash Explor. shows a mixed trend in its financial metrics from March 2023 to March 2024.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2024, Aakash Explor. reported net sales of 92.23 Cr, slightly down from 92.58 Cr in the previous year. The total operating income also decreased marginally to 92.23 Cr from 92.58 Cr. The company's total expenditure, excluding depreciation, fell to 75.12 Cr from 79.23 Cr, primarily due to a reduction in raw material costs, which decreased from 12.21 Cr to 10.62 Cr, and a decline in other expenses from 40.40 Cr to 35.34 Cr. Operating profit (PBDIT) increased to 17.70 Cr from 14.84 Cr, reflecting an improved operating profit margin of 18.55%, up from 14.42%. Profit before tax rose to 8.38 Cr from 6.14 Cr, leading to a profit after tax of 6.21 Cr compared to 4.54 Cr the previous year. The earnings per share (EPS) improved to 0.61 from 0.45, and the profit after tax margin increased to 6.73% from 4.9%. On the balance sheet, total liabilities rose to 93.76 Cr from 83.33 Cr, while shareholder's funds increased to 58.52 Cr from 52.30 Cr. The cash flow from operating activities decreased to 10.00 Cr from 18.00 Cr, while cash flow from investing activities improved to -10.00 Cr from -24.00 Cr. Overall, Aakash Explor. demonstrated growth in profitability metrics despite a slight decline in sales and operating income.

Who are the top shareholders of the Aakash Explor.?

The top shareholder of Aakash Explor is Vipul Navinchandra Haria, who holds 36.64% of the shares. Individual investors collectively own 30.6%, with no pledged promoter holdings or mutual funds/foreign institutional investors involved.

The top shareholders of Aakash Explor include the promoters, with Vipul Navinchandra Haria holding the largest share at 36.64%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. Additionally, individual investors collectively hold 30.6% of the company's shares.

What is the technical trend for Aakash Explor.?

As of June 5, 2025, Aakash Explor's technical trend is mildly bearish, supported by daily moving averages and the monthly MACD, despite a mildly bullish weekly MACD and KST.

As of 5 June 2025, the technical trend for Aakash Explor has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The daily moving averages are mildly bearish, and the Bollinger Bands on a weekly basis also show a mildly bearish trend. The KST is mildly bullish on the weekly chart but mildly bearish on the monthly. Dow Theory confirms a mildly bearish outlook in both weekly and monthly time frames. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the monthly MACD.

When is the next results date for Aakash Explor.?

No Upcoming Board Meetings

What is the bonus history of the Aakash Explor.?

Aakash Exploration Services Ltd issued a 1:2 bonus on March 26, 2020, allowing shareholders to receive one additional share for every two shares held as of the record date, March 27, 2020.

Aakash Exploration Services Ltd has a bonus history that includes a 1:2 bonus issue announced with an ex-date of March 26, 2020. The record date for this bonus was March 27, 2020. This means that shareholders received one additional share for every two shares they held as of the record date.

Has Aakash Explor. declared dividend?

No Dividend History Available