Asian Energy Services Ltd
Asian Energy Services Q3 FY24: Revenue ₹95.42 Cr, PAT ₹13.75 Cr
Q3 FY24 investor presentation: what the company reported on revenue, margins and projects.
Based on Asian Energy Services Ltd's Q3 FY24 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.
The short version
Quarterly total income for Q3FY24 was ₹95.42 crores, up 228% year-on-year (from ₹29.63 crores in Q3FY23). Q3FY24 EBITDA: ₹16.14 crores, a 611% year-on-year increase from ₹(2.94) crores in Q3FY23 - Q3FY24 EBITDA Margin: 16.91%, up from (10.18%) in Q3FY23 - Q3FY24 Profit after Tax (PAT): ₹13.75 crores, a 232% year-on-year increase from ₹(10.41) crores in Q3FY23 - Operating margin outlook: The presentation does not explicitly state any specific forward-looking EBITDA or operating margin targets.
From Asian Energy Services Ltd's Q3 FY24 earnings-call transcript · updated 24 Sept 2026.
Revenue & Sales Performance
- Quarterly total income for Q3FY24 was ₹95.42 crores, up 228% year-on-year (from ₹29.63 crores in Q3FY23).
- Total income grew 109% quarter-on-quarter (from ₹47.56 crores in Q2FY24).
- EBITDA for Q3FY24 was ₹16.14 crores, a 611% YoY increase and 323% QoQ increase.
- Profit after tax increased by 232% YoY to ₹13.75 crores in Q3FY24.
- Vertical revenue for 9MFY24 shows:
- Integrated Oil & Gas Field Development: ₹114.19 crores (up from ₹64.52 crores in 9MFY23)
- Mining Services: ₹71.84 crores (up from ₹16.7 crores in 9MFY23)
- Overall revenue: ₹186.33 crores (up from ₹81.21 crores in 9MFY23)
2 more points management made on revenue & sales performance
Profitability & Margins
See what Asian Energy Services Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- AESL’s strategic entry into the energy infrastructure domain was marked by a ₹236 crore contract at EVRA, Chhattisgarh in 2021, indicating capacity expansion in mining services (Page 16).
- Production ramp-up expected in Indrora oilfield in coming months (Page 15).
- Cambay and Mewad oilfields set to commence production next year (Page 15).
- Ongoing execution of existing mining projects progressing as per schedule; focus on efficient delivery (Page 18).
- Exploring acquisition of O&M projects and production enhancement contracts internationally (Page 15).
2 more points management made on capital expenditure plans
Top-ranked in Oil
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Asian Energy Services Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Total order book value is ₹832 crores as indicated by the combined order values for Mining Services (₹337 crores) and Oil & Gas Services (₹495 crores).
- Mining Services constitute 41% of the order book, with notable projects at Gevra (Chhattisgarh), Hura (Jharkhand), Singreni (Telangana), and Plough Feeder (ECL).
- Oil & Gas Services form 59% of the order book, with projects in Cambay, Mehsana, Suvali (Gujarat), Baramura (Tripura), Amguri (Assam), and offshore East Coast.
2 more points management made on order book & pipeline
Asian Energy Services Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹338 Cr, net profit ₹33 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Asian Energy Services Ltd's management said in earlier quarters
Frequently Asked Questions
What were Asian Energy Services Ltd Q3 FY24 results?
Quarterly total income for Q3FY24 was ₹95.42 crores, up 228% year-on-year (from ₹29.63 crores in Q3FY23). Q3FY24 EBITDA: ₹16.14 crores, a 611% year-on-year increase from ₹(2.94) crores in Q3FY23 - Q3FY24 EBITDA Margin: 16.91%, up from (10.18%) in Q3FY23 - Q3FY24 Profit after Tax (PAT): ₹13.75 crores, a 232% year-on-year increase from ₹(10.41) crores in Q3FY23 - Operating margin outlook: The presentation does not explicitly state any specific forward-looking EBITDA or operating margin targets.
What is Asian Energy Services Ltd share price analysis?
Asian Energy Services Ltd currently shows a neutral. The stock trades at a P/E of 37.1 with a market cap of ₹2,395 Cr. Investors should review the full earnings analysis for detailed insights.
Is Asian Energy Services Ltd planning capital expenditure?
AESL’s strategic entry into the energy infrastructure domain was marked by a ₹236 crore contract at EVRA, Chhattisgarh in 2021, indicating capacity expansion in mining services (Page 16).
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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.