Aakash Exploration Services Limited (AAKASH) - Net Assets
Based on the latest financial reports, Aakash Exploration Services Limited (AAKASH) has net assets worth Rs611.77 Million INR (≈ $6.62 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.07 Billion ≈ $11.52 Million USD) and total liabilities (Rs453.44 Million ≈ $4.90 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Aakash Exploration Services Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs611.77 Million |
| % of Total Assets | 57.43% |
| Annual Growth Rate | 22.53% |
| 5-Year Change | 45.52% |
| 10-Year Change | 279.15% |
| Growth Volatility | 36.6 |
Aakash Exploration Services Limited - Net Assets Trend (2012–2024)
This chart illustrates how Aakash Exploration Services Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is Aakash Exploration Services Limited's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Aakash Exploration Services Limited (2012–2024)
The table below shows the annual net assets of Aakash Exploration Services Limited from 2012 to 2024. For live valuation and market cap data, see market cap of Aakash Exploration Services Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rs603.62 Million ≈ $6.53 Million |
+3.14% |
| 2023-12-31 | Rs585.23 Million ≈ $6.33 Million |
+11.89% |
| 2022-12-31 | Rs523.02 Million ≈ $5.66 Million |
+9.55% |
| 2021-12-31 | Rs477.43 Million ≈ $5.16 Million |
+15.10% |
| 2020-12-31 | Rs414.80 Million ≈ $4.49 Million |
+11.08% |
| 2019-12-31 | Rs373.42 Million ≈ $4.04 Million |
+14.18% |
| 2018-12-31 | Rs327.04 Million ≈ $3.54 Million |
+69.34% |
| 2017-12-31 | Rs193.13 Million ≈ $2.09 Million |
+13.80% |
| 2016-12-31 | Rs169.71 Million ≈ $1.84 Million |
+6.60% |
| 2015-12-31 | Rs159.20 Million ≈ $1.72 Million |
+134.86% |
| 2014-12-31 | Rs67.79 Million ≈ $733.08K |
+17.60% |
| 2013-12-31 | Rs57.64 Million ≈ $623.37K |
+9.37% |
| 2012-12-31 | Rs52.70 Million ≈ $569.97K |
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Equity Component Analysis
This analysis shows how different components contribute to Aakash Exploration Services Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1001.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs360.02 Million | 59.64% |
| Common Stock | Rs101.25 Million | 16.77% |
| Other Comprehensive Income | Rs2.56 Million | 0.42% |
| Other Components | Rs139.79 Million | 23.16% |
| Total Equity | Rs603.62 Million | 100.00% |
Aakash Exploration Services Limited Competitors by Market Cap
The table below lists competitors of Aakash Exploration Services Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chromocell Therapeutics Corporation
NYSE MKT:CHRO
|
$8.90 Million |
|
Ancom Logistics Bhd
KLSE:0048
|
$8.91 Million |
|
Prakash Steelage Limited
NSE:PRAKASHSTL
|
$8.91 Million |
|
Daesang Holdings Co Ltd Pref
KO:084695
|
$8.91 Million |
|
Substrate AI S.A.
MC:SAI
|
$8.90 Million |
|
Visionary Gold Corp
V:VIZ
|
$8.90 Million |
|
TechnoDex Bhd
KLSE:0132
|
$8.90 Million |
|
Advanced Blockchain AG
XETRA:BWQ
|
$8.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aakash Exploration Services Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 585,226,440 to 603,615,230, a change of 18,388,790 (3.1%).
- Net income of 18,408,290 contributed positively to equity growth.
- Other comprehensive income decreased equity by 40,064.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs18.41 Million | +3.05% |
| Other Comprehensive Income | Rs-40.06K | -0.01% |
| Other Changes | Rs20.56K | +0.0% |
| Total Change | Rs- | 3.14% |
Book Value vs Market Value Analysis
This analysis compares Aakash Exploration Services Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.36x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 15.62x to 1.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Rs0.52 | Rs8.13 | x |
| 2013-12-31 | Rs0.57 | Rs8.13 | x |
| 2014-12-31 | Rs0.67 | Rs8.13 | x |
| 2015-12-31 | Rs1.57 | Rs8.13 | x |
| 2016-12-31 | Rs1.68 | Rs8.13 | x |
| 2017-12-31 | Rs1.91 | Rs8.13 | x |
| 2018-12-31 | Rs4.85 | Rs8.13 | x |
| 2019-12-31 | Rs3.69 | Rs8.13 | x |
| 2020-12-31 | Rs4.10 | Rs8.13 | x |
| 2021-12-31 | Rs4.72 | Rs8.13 | x |
| 2022-12-31 | Rs5.17 | Rs8.13 | x |
| 2023-12-31 | Rs5.78 | Rs8.13 | x |
| 2024-12-31 | Rs5.96 | Rs8.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aakash Exploration Services Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.87%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 1.60x
- Recent ROE (3.05%) is below the historical average (8.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 2.73% | 1.60% | 0.85x | 2.00x | Rs-3.83 Million |
| 2013 | 8.57% | 3.56% | 1.00x | 2.42x | Rs-826.10K |
| 2014 | 14.96% | 4.40% | 0.90x | 3.76x | Rs3.37 Million |
| 2015 | 2.78% | 1.78% | 0.80x | 1.97x | Rs-11.49 Million |
| 2016 | 6.40% | 3.23% | 0.99x | 1.99x | Rs-6.12 Million |
| 2017 | 12.09% | 5.70% | 0.92x | 2.31x | Rs4.04 Million |
| 2018 | 10.13% | 6.41% | 0.82x | 1.93x | Rs412.57K |
| 2019 | 12.97% | 7.18% | 1.01x | 1.79x | Rs11.09 Million |
| 2020 | 9.97% | 6.92% | 0.91x | 1.58x | Rs-119.81K |
| 2021 | 12.82% | 7.96% | 1.09x | 1.48x | Rs13.47 Million |
| 2022 | 8.67% | 4.90% | 1.11x | 1.59x | Rs-6.94 Million |
| 2023 | 10.60% | 6.73% | 0.98x | 1.60x | Rs3.51 Million |
| 2024 | 3.05% | 1.87% | 1.02x | 1.60x | Rs-41.95 Million |
Industry Comparison
This section compares Aakash Exploration Services Limited's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $1,364,122,898
- Average return on equity (ROE) among peers: 23.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aakash Exploration Services Limited (AAKASH) | Rs611.77 Million | 2.73% | 0.74x | $8.90 Million |
| Asian Energy Services Limited (ASIANENE) | $1.81 Billion | 16.11% | 0.70x | $153.78 Million |
| Jindal Drilling And Industries Limited (JINDRILL) | $529.16 Million | 13.18% | 2.25x | $169.03 Million |
| Likhitha Infrastructure Limited (LIKHITHA) | $1.93 Billion | 23.86% | 0.12x | $91.11 Million |
| Oil Country Tubular Limited (OILCOUNTUB) | $1.32 Billion | 49.08% | 1.13x | $35.35 Million |
| South West Pinnacle Exploration Limited (SOUTHWEST) | $195.23 Million | 14.90% | 3.05x | $77.61 Million |
| United Drilling Tools Limited (UNIDT) | $2.40 Billion | 20.89% | 0.17x | $44.63 Million |
About Aakash Exploration Services Limited
Aakash Exploration Services Limited provides oil and gas field services in India. It offers services using machineries, such as mobile work over rigs, hot oil circulation units, heating units, indirect bath heaters, mobile sucker rod pumping units, utility services for return lines, mobile steaming units, mobile high pressure air compressors, mobile high- and low-pressure pumping units, FRAC/ ins… Read more