Asian Energy Services Limited · NSE:ASIANENE
Asian Energy Services — Q4 FY24 Earnings Presentation
43 slides from Asian Energy Services's earnings presentation, Jun 18, 2024
Slide 1: Letter to stock exchanges: Investor Presentation
Date: 18th June, 2024 To, To, The Listing Department, The Listing Department, BSE Limited, National Stock Exchange of India Limited, Floor 25, P. J. Towers, Exchange Plaza, Plot No. C/1, G Block, Bandra Dalal Street, Mumbai 400 001 Kurla Complex, Bandra (East), Mumbai 400 051 BSE Scrip Code: 530355
Slide 2: Investor Presentation June 2024
INVESTOR PRESENTATION J U N E 2 0 2 4 ASIAN ENERGY SERVICES LIMITED (AESL)
Slide 3: Safe Harbor
Safe Harbor This presentation has been prepared by and is the sole responsibility of Asian Energy Services Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitation
Slide 4: Q4 & FY24 Financial Highlights
Q4 & FY24 Financial Highlights ASI AN ENERG Y SERVICES LIM IT ED (AE SL) 3
Slide 5: Management Commentary
Management Commentary ASIAN ENERGY SERVICES LTD (AESL) Kapil Garg MANAGING DIRECTOR Reflecting on the Q4 - FY24 The current orderbook gives us financial results, we are confidence to capitalize on this extremely proud that the momentum in coming quarters company has reached a and years. We see a vas
Slide 6: Financial Performance – Q4 & FY24
Financial Performance – Q4 & FY24 ASIAN ENERGY SERVICES LTD (AESL) (₹ IN CRORES) TOTAL INCOME EBITDA NET PROFIT 119.55 24.07 95.42 16.14 14.67 Q4FY24 12.72 30.27 Q4FY23 Q3FY24 Q4FY24 Q4FY23 Q3FY24 Q4FY24 -1.67 -6.7 Q4FY23 Q3FY24 Q4FY24 TOTAL INCOME EBITDA NET PROFIT 25.55 INVESTOR PRESENTATION 47.76
Slide 7: Q4FY24 Vertical Performance
Q4FY24 Vertical Performance ASIAN ENERGY SERVICES LTD (AESL) (₹ IN CRORES) EBIT REVENUE OIL AND GAS OIL AND GAS 430% Y - o - Y 15% Q - o - Q 6953% Y - o - Y 23% Q - o - Q 21.4 80.5 69.8 15.2 15.2 0.3 Q4FY23 Q3FY24 Q4FY24 Q4FY23 Q3FY24 Q4FY24 MINERAL AND OTHER ENERGY SERVICES MINERAL AND OTHER ENERGY
Slide 8: Summary of Profit and Loss Statement
Summary of Profit and Loss Statement ASIAN ENERGY SERVICES LTD (AESL) (₹ IN CRORES) PARTICULARS Q4FY24 Q4FY23 Q3FY24 FY24 FY23 Revenue from operations 118.7 28.7 94.8 305.1 110.0 Other Income 0.8 1.6 0.6 6.2 4.1 TOTAL INCOME 119.6 30.3 95.4 311.3 114.0 EBITDA 24.6 -3.2 15.0 41.8 -18.8 EBITDA Margin
Slide 9: Summary of Balance Sheet
Summary of Balance Sheet ASIAN ENERGY SERVICES LTD (AESL) (₹ IN CRORES) PARTI CULARS March 24 March 23 SHAREHOLDERS FUND 40.70 37.69 Non-Current Liabilities 4.68 5.02 Long Term Borrowings 0.94 2.59 Current Liabilities 101.79 92.23 Short Term Borrowings 20.31 16.54 TOTAL EQUITY AND LIABILITIES 384.45
Slide 10: Summary of Cash Flow Statement
Summary of Cash Flow Statement ASIAN ENERGY SERVICES LTD (AESL) (₹ IN CRORES) PARTI CULARS FY24 FY23 Cash Flow From Operating Activities (49.94) (2.64) Cash Flow From Investing Activities (7.39) (19.17) Cash Flow From Financing Activities 49.92 9.95 Net Cash Flow (7.40) (11.86) INVESTOR PRESENTATION
Slide 11: About The Company
About The Company ASI AN ENERG Y SERVICES LIM IT ED (AE SL) 10
Slide 12: Servicing Excellence since Decades
Servicing Excellence ASIAN ENERGY SERVICES LTD (AESL) since 3 Decades • Founded in 1992, ASIAN Energy Services Limited (AESL) embarked on a journey to offer seismic services to the Oil & Gas industry. • Over the span of three decades, our vision has expanded, encompassing a comprehensive range of se
Slide 13: Capabilities to execute even in difficult terrains
Capabilities to ASIAN ENERGY SERVICES LTD (AESL) execute even in difficult terrains AESL has delivered projects in non-accessible Kurdistan & Rajasthan, Rough terrain challenges Indonesia & North-East India, Thick Vegetation terrains with quality in a timely manner. It has led AESL to become the pre
Slide 14: Challenges Met, Horizons Expanded
Challenges Met, ASIAN ENERGY SERVICES LTD (AESL) Since 2016, AESL has consistently evolved, adapting Horizons Expanded to industry demands and exploring new avenues. We have successfully transformed into an integrated energy services provider with a presence across the value chain. CHARTING NEW TERR
Slide 15: About Oilmax Energy
About Oilmax Energy ASI AN ENERG Y SERVICES LIM IT ED (AE SL) 14
Slide 16: Decoding our Corporate DNA
Decoding our Corporate DNA ASIAN ENERGY SERVICES LTD (AESL) C O R E VAL U E S OILMAX ENERGY PVT. LTD. P E R F O R MA N C E 62% TR U S T Q U A L I TY INVESTOR PRESENTATION TE A MW O R K 015
Slide 17: Oilmax – Holdco Operating Company
Oilmax – Holdco Operating Company ASIAN ENERGY SERVICES LTD (AESL) • Integrated Oil & Gas company with a balanced portfolio ranging the upstream value chain from Exploration and Production to O&M and hydrocarbon marketing • Uses innovative technology to find undervalued assets and develops them at a
Slide 18: Business Verticals & Outlook
Business Verticals & Outlook ASI AN ENERG Y SERVICES LIM IT ED (AE SL) 17
Slide 19: Business Verticals
ASIAN ENERGY SERVICES LTD (AESL) Business Verticals Integrated Oil & Gas Mining INVESTOR PRESENTATION Field Development Services SERVI C ES O F F ER ING MAT ER I AL H AN D L I NG AC R O SS E&P VAL U E C H AI N AESL has diversified offerings across the SYST EMS energy spectrum, ensuring strategic pos
Slide 20: Comprehensive Solutions Across the Spectrum
Comprehensive Solutions ASIAN ENERGY SERVICES LTD (AESL) Across the Spectrum Seismic Operations Production Facility Production Services & Maintenance Construction Enhancement ONSHORE SEISMIC EXTENSIVE EXPERIENCE SIGNIFICANT EXPERTISE EXTENSION OF O&M SERVICES WITH AND EXPERTISE IN AND FINANCIAL OFFE
Slide 21: Business Outlook – Seismic Services
Business Outlook – ASIAN ENERGY SERVICES LTD (AESL) Seismic Services ONGOING PROJECTS AESL's Seismic Services are • Currently working on projects with Sunpetrochemicals and Baradih Coal Block poised for significant growth, anchored by ongoing projects and bolstered by upcoming opportunities. UPCOMIN
Slide 22: Leading Seismic Prowess
Leading Seismic Prowess ASIAN ENERGY SERVICES LTD (AESL) REDEFINING SEISMIC EXCELLENCE Pioneers Testament to in Technology Consistency THE FIRST INDIAN ENTITY TO LEVERAGE SUCCESSFULLY EXECUTED SEISMIC WIRELESS SEISMIC TECHNOLOGY CONTRACTS OVER 500CR SINCE 2016 AND COUNTING Diverse Unyielding Footpri
Slide 23: The call for Diverse Strategies
The call for ASIAN ENERGY SERVICES LTD (AESL) In an economy focused on attaining energy security, Diverse Strategies the seismic sector remains vital. Yet, its cyclical nature presented unique challenges for AESL. THE SEISMIC MARKET’S SOLE DEPENDENCY ON OIL SEISMIC BUSINESS, WHILE CYCLICAL NATURE PO
Slide 24: AESL's Diversified and Strategic Approach
AESL’s Diversified and ASIAN ENERGY SERVICES LTD (AESL) From a seismic company, we have strategically Strategic Approach diversified into a broader services spectrum, ensuring growth and stability. Post-Oilmax Era Visibility & Model Shift THE ACQUISITION BY OILMAX WAS ASSURING BETTER REVENUE A STRAT
Slide 25: Industry outlook - O&G
Industry outlook - O&G ASIAN ENERGY SERVICES LTD (AESL) As the demand for energy continues to surge, the oil & gas sector in India presents burgeoning opportunities. AESL’s integrated services offerings stand at the forefront, perfectly poised to capitalize and contribute to India's energy future. I
Slide 26: Business Outlook – Oil and Gas Production
Business Outlook – ASIAN ENERGY SERVICES LTD (AESL) DOMESTIC PRODUCTION BOOST Oil and Gas Production • INDRORA FIELD: Production ramp-up anticipated in the coming months. • CAMBAY & MEWAD FIELDS: Set to commence production next year. AESL is gearing up for a transformative phase in oil and • COLLABO
Slide 27: Coal, Minerals and Beyond
Coal, Minerals ASIAN ENERGY SERVICES LTD (AESL) Strategically diversifying our operations, AESL's recent ventures into the mining services sector and Beyond underscores our commitment to efficiency and adaptability within the Indian energy landscape. The Big Move in 2021 A Visionary Pivot AESL'S STR
Slide 28: Industry Outlook – Material Handling
Industry Outlook ASIAN ENERGY SERVICES LTD (AESL) As the Indian coal industry sets ambitious growth targets, AESL's Material Handling Division stands Material Handling on the brink of unparalleled opportunities, poised to leverage the surge and cement its position as a leading player in the segment.
Slide 29: Business Outlook – Mining Services
Business Outlook – As Indian demand for energy continues to grow, the ASIAN ENERGY SERVICES LTD (AESL) mining services sector stands at a pivotal juncture. Mining Services AESL is leading the charge with strategic material handling projects and keeping an eye on other mining services. Industry Tailw
Slide 30: Clientele and Orderbook
Clientele and Orderbook ASI AN ENERG Y SERVICES LIM IT ED (AE SL) 29
Slide 31: Serving the Industry Majors
Serving the ASIAN ENERGY SERVICES LTD (AESL) Industry Majors INVESTOR PRESENTATION * B r a n d n a m e s a n d l o g o s m e n t i o n e d a r e t h e p r o p e r t y o f t h e i r r e s p e c t i v e o wn e r s a n d a r e f o r i d e n t i f i c a t i o n p u r p o s e s o n l y 30
Slide 32: Diverse Order Book Spanning Verticals and Clients
Diverse Order Book Spanning Verticals and Clients ASIAN ENERGY SERVICES LTD (AESL) INFRA/CHP O&M Seismic 63% Order Book 33% Order Book 4% Order Book ~₹646 Crs Order Value ~₹345 Crs Order Value ~₹42 Crs Order Value o Suvali, Gujarat (Vedanta) o Gevra, Chhattisgarh (HEC) o Gujarat (Sunpetrochemicals)
Slide 33: Management Team
Management Team ASI AN ENERG Y SERVICES LIM IT ED (AE SL) 32
Slide 34: Core Leadership Team
Giving Strategic Direction to the Vision: Core Leadership Team ASIAN ENERGY SERVICES LTD (AESL) Dr. Rabi Narayan Bastia N O N - E XE C U T I V E P R O F E S S I O N A L D I R E C T O R ▪ With a vast experience of 3 decades, he has previously led the Exploration Group at Reliance for more than 16 yea
Slide 35: Board of Directors
Giving Strategic Direction to the Vision: Board of Directors ASIAN ENERGY SERVICES LTD (AESL) Mr. Brij Mohan Bansal N O N - E XE C U T I V E I N D E P E N D E N T D I R E C T O R ▪ Mr. Bansal, possesses over 46 years of experience in Oil and Gas sector in Business Development, R&D, Refining and Tech
Slide 36: CSR Initiatives
CSR Initiatives ASI AN ENERG Y SERVICES LIM IT ED (AE SL) 35
Slide 37: CSR Initiatives
CSR Initiatives ASIAN ENERGY SERVICES LTD (AESL) Installation of Ro Plant and upgrading of drinking Distribution of School accessories water supply. INVESTOR PRESENTATION Installation of Ro Plant and upgrading of drinking Installation of Ro Plant and upgrading of drinking Distribution of School acce
Slide 38: Environment & Safety initiatives
Environment & Safety initiatives ASIAN ENERGY SERVICES LTD (AESL) World environment day celebrated with plantation drive Free Medical Camps and Campaign partnerships with local NGOs INVESTOR PRESENTATION 5 0 th n a t i o n a l s a f e t y d a y / w e e k c a mp a i g n Outreach programs in the commu
Slide 39: Historical Financials
Historical Financials ASI AN ENERG Y SERVICES LIM IT ED (AE SL) 38
Slide 40: Summary of Profit and Loss Statement
Summary of Profit and Loss Statement ASIAN ENERGY SERVICES LTD (AESL) (₹ IN CRORES) PARTI CULARS FY24 FY23 FY22 FY21 FY20 FY19 Revenue from operations 305.06 109.95 260.47 228.79 273.15 193.86 Other Income 6.22 4.09 2.82 5.42 3.46 3.97 TOTAL INCOME 311.29 114.04 263.29 234.21 276.61 197.83 EBITDA 41
Slide 41: Summary of Balance Sheet
Summary of Balance Sheet ASIAN ENERGY SERVICES LTD (AESL) (₹ IN CRORES) PARTI CULARS March 24 March 23 March 22 March 21 March 20 March 19 SHAREHOLDERS FUND 40.7 37.69 37.69 37.69 37.69 38.07 Non-Current Liabilities 4.68 4.00 4.46 2.91 2.91 0.08 Long Term Borrowings 0.94 2.59 2.52 2.18 0.00 0.00 Cur
Slide 42: Summary of Cash Flow Statement
Summary of Cash Flow Statement ASIAN ENERGY SERVICES LTD (AESL) (₹ IN CRORES) PARTI CULARS FY24 FY23 FY22 FY21 FY20 FY19 Cash Flow From Operating Activities (49.94) (2.64) 48.11 (6.81) 89.06 26.93 Cash Flow From Investing Activities (7.39) (19.17) (49.76) (32.12) (11.46) (20.7) Cash Flow From Financ
Slide 43: For further information, please contact
For further information, please contact Company : Investor Relations Advisors : Asian Energy Services Limited Investor Relation Advisors: CIN – L23200MH1992PLC318353 Strategic Growth Advisors Pvt. Ltd. Contact Details : CIN - U74140MH2010PTC204285 Investor.relations@asianenergy.com Ms. Brinkle Shah
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