Asian Energy Services Limited · NSE:ASIANENE
Asian Energy Services — Asian Oilfield Services — Investor Presentation (July 2020)
31 slides from Asian Energy Services's investor presentation, July 2020
Slide 1: Asian Oilfield Services Ltd. Investor Presentation
Asian Oilfield Services Ltd. Investor Presentation July 2020 1
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Asian Oilfield Services Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any
Slide 3: Financial Performance
Financial Performance
Slide 4: Q4FY20 Consolidated Profit & Loss Statement
Q4FY20 Consolidated Profit & Loss Statement Particulars (in Rs. Crore) Q4FY20 Q4FY19 Y-o-Y Revenue from Operations 111.86 42.88 161% Updates on Q4 FY20 performance: Oilfield services related expense 79.99 29.20 Gross Profit 31.87 13.68 133% Ongoing execution of the Langley turnaround Gross Margi
Slide 5: Significant Improvement in Financial Performance post Oilmax takeover
Significant Improvement in Financial Performance post Oilmax takeover Rs. in Crs FY16 FY20 Revenue 78 273 MOVING IN THE RIGHT DIRECTION Profit After Tax - 27 29 Renewed focus post takeover by new Management Net Worth 10 181 Strong Balance Sheet Gross Debt 62 0 Healthy Order Pipeline Cash & Ban
Slide 6: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement New Management Previous Management Particulars (Rs. Crs) FY20 FY19 FY18 FY17 FY16 Revenue from Operations 273.04 193.9 222.2 124.3 77.7 Oilfield services related expense 181.81 127.7 124.2 56.6 66.0 Employee benefits expense 10.03 20.7 36.9 22.5 17.5 Other expens
Slide 7: Consolidated Balance Sheet
Consolidated Balance Sheet Previous Previous New Management New Management ASSETS (Rs. Crs) Management EQUITY AND LIABILITIES (Rs. Crs) Management Mar -20 Mar-19 Mar-18 Mar-17 Mar-16 Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Non-current assets 118 100 114 121 106 Equity 181 152 141 82 10 Property, plant an
Slide 8: Asian Oilfield Services moving in the right direction post Management change
Asian Oilfield Services moving in the right direction post Management change Balance Sheet cleanup Undertook Balance Sheet cleanup by settlement and repayment of old outstanding liabilities and writing-off non-recoverable amounts lying in debtors and advances Debt reduction The company has retired a
Slide 9: Order Book Details
Order Book Details Outstanding Order Book Details Domestic: • Client: Vedanta Limited Seismic o Scope of work: Acquisition of 2D and 3D seismic data of oil blocks located in Rajasthan and Gujarat Services o Order worth: ~Rs. 550 Cr o Duration: 3 years Client: Oilmax Energy Operations Scope of
Slide 10: Order Book Pipeline
Order Book Pipeline Oil & Gas - Seismic Services: • The company has already submitted bids for few projects for Oil India • In process of submitting bids for Oil India and ONGC tenders • Good visibility of upcoming work in next 2-3 years on Oil & Gas seismic work Coal - Seismic Services: • The c
Slide 11: Asian Oilfield Services – Oil & Gas Services Specialist
Asian Oilfield Services – Oil & Gas Services Specialist
Slide 12: Introduction
Introduction 4 Asian Oilfield Incorporated in 1992 Asian is an oil & gas industry service provider, offering end-to- 20 Projects Completed Ongoing Projects end services across the entire upstream value chain. Currently offering Geophysical data acquisition (seismic), Production Facility Construction
Slide 13: Advantage ASIAN
Advantage ASIAN Technology Driven Solutions Strong Balance Sheet & Asset Base Only Indian company to offer 3D wireless seismic Debt free Balance Sheet with Net Worth of technology Rs. 181 Cr Attractive option to potential customers who are Strong asset base of Seismic Survey looking to work in chall
Slide 14: Presence across the E&P Lifecycle
Presence across the E&P Lifecycle Appraisal & E&P Lifecycle Exploration Production Abandon Development Services Seismic* & Drilling^ Production Facility Production Decommissioning^ Offered by Construction* Facility O&M*, Turnaround ASIAN & Maintenance^, Drilling Services^ Turnkey EOR * Existing Serv
Slide 15: Comprehensive Service Offerings
Comprehensive Service Offerings Existing Service Offerings: Oil & Gas Future Service Offerings: Non Oil & Gas c c c Seismic for Coal and Seismic Services Production Facility Production Facility other minerals Infrastructure EPC Construction Operations & Maintenance ASIAN is a leading service ASIAN h
Slide 16: Marquee Clientele
Marquee Clientele Client List Pre-Qualified Clients The Brand Names mentioned are the property of their respective owners and are used here for identification purposes only 16
Slide 17: Strong Seismic Services Execution Capabilities
Strong Seismic Services Execution Capabilities Complete Equipment Base: • ~30,000 Wireless and Cabled channels • ~50 Mechanical & Rotary Rigs with compressors and engines ASIAN is the first Indian company to adopt wireless • Other equipment's like Geophones, Recording technology in seismic data Sy
Slide 18: Capabilities to EXECUTE in Difficult Terrains
Capabilities to EXECUTE in Difficult Terrains Kurdistan & Indonesia Rajasthan Thick Rough terrain Vegetation challenges Nigeria North East (Upgrade existing India offshore MOPU) Slope challenges 18
Slide 19: Production facility up-gradation contract at Nigeria
Production facility up-gradation contract at Nigeria Amni International is pursuing the development of petroleum exploration and production assets offshore in Nigeria AMNI has awarded ASIAN contract to upgrade existing Mobile Offshore Production Unit (MOPU) ASIAN to provide engineering, procur
Slide 20: Seismic Services Contract from a Vedanta Limited
Seismic Services Contract from a Vedanta Limited ASIAN has received contract from Vedanta Limited (a reputed Indian Oil & Gas Company) for acquisition of 2D and 3D seismic data of oil blocks located in Rajasthan and Gujarat State The duration of contract is two-three years. Company will perform
Slide 21: Focused Player in Oil-Gas Services
Focused Player in Oil-Gas Services
Slide 22: Our Journey – Evolving from Seismic to many more…
Our Journey – Evolving from Seismic to many more… Completed a large 3D seismic survey of 630 sq.km over the Taza Block Widened Services Commenced First Executed 2D in the Kurdistan Region Portfolio Shot-Hole Drilling Seismic Contract Won 1st International of Iraq over the spread of Incorporation of
Slide 23: Our Core Values
Our Core Values We strive to build close relationships We implement the latest & best industry with our customers, stakeholders wide technology & practices to ensure the and employees and we rigorously try to uphold our commitments Core utmost quality of services to customers We guarantee reliabilit
Slide 24: Our Promoters - Oilmax Energy Private Limited
Our Promoters - Oilmax Energy Private Limited About Oilmax Energy Oilmax Energy is an integrated Oil & Gas company with a balanced portfolio spreading from Exploration, Production, Engineering Procurement and Construction (EPC) and Operation & Maintenance (O&M) Management Promoted by Mr. Kapil Garg
Slide 25: Oilmax Energy Pvt. Ltd. – Complementing Asian Oilfield
Oilmax Energy Pvt. Ltd. – Complementing Asian Oilfield Strengths of Oilmax Recognized by global E&P companies Mr. Kapil Garg is a Director on the Board of Oilmax. He has recently joined Board of ASIAN also. Mr Garg has done his Masters from IIT Roorkee Highly talented and motivated multinational
Slide 26: Experienced Management Team
Experienced Management Team Mr. Ashutosh Kumar Mr. Sumit Maheshwari Mr. A. K. Singh CEO & Whole Time Director Vice President Commercial Sr Vice President Technical Mr. Kumar is an Electronics Mr. Maheshwari is a Chartered Mr. Singh has over 20 years of engineer from Ranchi Accountant (CA) and
Slide 27: Strong Board Driving Healthy Corporate Governance (1/2)
Strong Board Driving Healthy Corporate Governance (1/2) Mr. N. M. Borah Dr. Rabi Narayan Bastia Mr. Kadayam Ramnathan Bharat Non-Executive Independent Director Non-Executive Professional Director Non-Executive Independent Director Mr. Borah has served as the Chairman & Dr. Bastia has a vast expe
Slide 28: Strong Board Driving Healthy Corporate Governance (2/2)
Strong Board Driving Healthy Corporate Governance (2/2) Mr. Devesh Bhargava Mrs. Anusha Mehta Mr. Mukesh Jain Non-Executive Independent Director Non-Executive Independent Women Non-Executive Professional Director Mr. Bhargava led Lehman Brothers in India Director Mr. Jain is alma mater of Shri R
Slide 29: Key Takeaways
Key Takeaways
Slide 30: Scalable. Sustainable. Profitable
Key Takeaways Scalable. Sustainable. Profitable Prudent mix of Positive Order Experienced and Well funded Diversified the Services Offerings. Owned Assets and Large Executable outlook for Industry Strong Technical Balance Sheet, to Outsourced Assets Orderbook to on back of favorable Team with proven
Slide 31: Asian Oilfield Services Limited
Asian Oilfield Services Limited CIN: L23200MH1992PLC318353 Mr. Nirav Talati – Vice President Finance Email id – Nirav.talati@asianoilfield.com www.asianoilfield.com 31
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