Compare Akita Drilling Ltd. with Similar Stocks
Dashboard
1
Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 2.95%
2
The company has declared positive results in Dec'2024 after 4 consecutive negative quarters
3
With ROE of 12.20%, it has a attractive valuation with a 0.42 Price to Book Value
4
Majority shareholders : FIIs
5
Market Beating Performance
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
1.5%
0%
1.5%
6 Months
-2.87%
0%
-2.87%
1 Year
25.31%
0%
25.31%
2 Years
30.13%
0%
30.13%
3 Years
1.5%
0%
1.5%
4 Years
84.55%
0%
84.55%
5 Years
238.33%
0%
238.33%
Akita Drilling Ltd. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
9.58%
EBIT Growth (5y)
22.68%
EBIT to Interest (avg)
-0.78
Debt to EBITDA (avg)
4.85
Net Debt to Equity (avg)
0.23
Sales to Capital Employed (avg)
0.94
Tax Ratio
34.79%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.06%
ROCE (avg)
2.95%
ROE (avg)
5.92%
Valuation key factors
Factor
Value
P/E Ratio
4
Industry P/E
Price to Book Value
0.44
EV to EBIT
7.93
EV to EBITDA
2.68
EV to Capital Employed
0.52
EV to Sales
0.49
PEG Ratio
0.01
Dividend Yield
NA
ROCE (Latest)
6.54%
ROE (Latest)
12.20%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bullish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
Shareholding Snapshot : Sep 2025
Shareholding Compare (%holding) 
Majority shareholders
Foreign Institutions
Domestic Funds
Held in 0 Schemes (0%)
Foreign Institutions
Held by 1 Foreign Institutions (0.06%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ
Jun'25
Mar'25
Change(%)
Net Sales
49.60
65.10
-23.81%
Operating Profit (PBDIT) excl Other Income
7.50
14.00
-46.43%
Interest
0.80
0.90
-11.11%
Exceptional Items
0.10
-0.10
200.00%
Consolidate Net Profit
2.30
8.60
-73.26%
Operating Profit Margin (Excl OI)
8.40%
109.00%
-10.06%
USD in Million.
Net Sales
QoQ Growth in quarter ended Jun 2025 is -23.81% vs 3.50% in Mar 2025
Consolidated Net Profit
QoQ Growth in quarter ended Jun 2025 is -73.26% vs -10.42% in Mar 2025
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
193.30
225.50
-14.28%
Operating Profit (PBDIT) excl Other Income
32.20
42.30
-23.88%
Interest
4.70
6.50
-27.69%
Exceptional Items
-0.30
0.10
-400.00%
Consolidate Net Profit
12.90
18.40
-29.89%
Operating Profit Margin (Excl OI)
24.00%
61.30%
-3.73%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is -14.28% vs 12.19% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -29.89% vs 327.91% in Dec 2023
About Akita Drilling Ltd. 
Akita Drilling Ltd.
Construction
AKITA Drilling Ltd. (AKITA) is engaged in providing contract drilling services, primarily to the oil and gas industry. The Company is involved in other forms of drilling, including potash mining and the development of storage caverns. The Company owns and operates approximately 31 drilling rigs in Canada. The Company manages its business through approximately two geographic regions, which include Canada and the United States. The Company specializes in the construction and retrofit of heavy oil pad drilling rigs associated with Steam Assisted Gravity Drainage (SAGD) operations. Its rigs are used in operations spanning Fort McMurray, the Alberta oil sands region. The Company also has shale gas operations in the Horn River Basin area of Northeast British Columbia. AKITA is involved in drilling horizontal shale gas wells, with a fleet of deep capacity triple rigs in the areas of Alberta and British Columbia, including the Montney, Duvernay and Horn River regions.
Company Coordinates 
Company Details
333 7 Ave SW Suite 1000 , CALGARY AB : T2P 2Z1
Registrar Details






