Quarterly Result19 May 2026, 08:11 pm
Asian Energy FY26 Profit Surges 43.6% to ₹60.6 Cr
AI Summary
Asian Energy Services Ltd reported a strong Q4 and FY26, with FY26 net profit surging 43.6% YoY to ₹60.6 crore. FY26 revenue reached ₹791.1 crore (+70.1% YoY), EBITDA at ₹98.9 crore (+36.6% YoY). Q4FY26 revenue was ₹338.2 crore (+57.0% YoY), EBITDA at ₹49.4 crore (+46.6% YoY), and Adj. PAT at ₹34.6 crore (+53.8% YoY). The company anticipates completing its merger with Oilmax by September/October 2026 and is targeting a 30-40% growth in its standalone India services business for FY27.
Key Highlights
- FY26 revenue at ₹791.1 crore, a 70.1% increase YoY.
- FY26 Adj. PAT rose 43.6% YoY to ₹60.6 crore.
- Oilmax merger expected to complete by September/October 2026.
- Order book stands at ~₹1,750 crore (excluding Kuiper).
- Company targets 30-40% growth in India services for FY27.
Price Impact
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