Asian Energy Services Limited · NSE:ASIANENE
Asian Energy Services — Q1 FY2025 Earnings Presentation
45 slides from Asian Energy Services's earnings presentation, Aug 12, 2024
Slide 1: Investor Presentation cover letter to stock exchanges
Date: 12th August, 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: 53035
Slide 2: Investor Presentation August 2024
INVESTOR PRESENTATION A u g u s t 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: Q1 FY25 Performance Highlights
Q1 FY25 Performance 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 During the quarter that went by, we saw a mechanized coal handling facilities within revenue growth of ~31% y-o-y. However, a the next five years. These initiatives align sequential decline in revenue occurred with t
Slide 6: Key Highlights – Q1FY25
Key Highlights – Q1FY25 ASIAN ENERGY SERVICES LTD (AESL) Total Revenue EBITDA PAT Rs. 60.2 Cr Rs. 6.2 Cr Rs. 2.1 Cr Revenue in Q1FY25 was impacted by expected seasonality and the postponement of one of our offshore projects due to a 01 delay in vessel delivery. The deferred revenue of ~Rs 35 crores
Slide 7: Financial Performance – Q1FY25
Financial Performance – Q1FY25 ASIAN ENERGY SERVICES LTD (AESL) (₹ IN CRORES) REVENUE FROM OPERATIONS EBITDA NET PROFIT 60.2 -2.9% 10.4% 2.1 6.2 46.0 -1.3 -3.0 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Vertical Performance OIL AND GAS MINERAL AND OTHER ENERGY SERVICES 24.5 35.7 INVESTOR PRESENTATION
Slide 8: Summary of Profit and Loss Statement
Summary of Profit and Loss Statement ASIAN ENERGY SERVICES LTD (AESL) (₹ IN CRORES) Particulars (Rs. Crores) Q1FY25 Q1FY24 FY24 Revenue from Operations 60.2 46.0 305.1 EBITDA 6.2 -1.3 41.8 EBITDA Margin (%) 10.4% -2.9% 13.7% Other Income 1.3 2.7 6.2 Depreciation 4.3 4.3 17.0 Finance Cost 1.0 0.4 2.1
Slide 9: About The Company
About The Company ASI AN ENERG Y SERVICES LIM IT ED (AE SL) 8
Slide 10: 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 11: 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 12: 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 13: About Oilmax Energy
About Oilmax Energy ASI AN ENERG Y SERVICES LIM IT ED (AE SL) 12
Slide 14: 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 013
Slide 15: 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 16: Opportunity Landscape
Opportunity Landscape ASI AN ENERG Y SERVICES LIM IT ED (AE SL) 15
Slide 17: Oil & Gas Opportunity Landscape
Oil & Gas Opportunity Landscape ASIAN ENERGY SERVICES LTD (AESL) Import and Domestic Oil Production in India Government Initiatives (MBPD) 100% FDI in Exploration and Production projects 6.0 4.1 4.3 4.4 4.5 4.5 4.0 4.2 4.7 4.7 + Policies: OALP and DSF + Marketing Freedom 0.7 0.7 0.6 0.7 0.6 0.6 0.6
Slide 18: First Mile Connectivity Opportunity Landscape in Coal
First Mile Connectivity (FMC) Opportunity Landscape in Coal ASIAN ENERGY SERVICES LTD (AESL) Domestic Coal Production Scenario In India (In MT) 1511 ▪ Domestic coal production is going to increase in India with every rising demand of electricity and coal 1,080 being primary source for electricity ge
Slide 19: Minerals Opportunity Landscape
Minerals Opportunity Landscape ASIAN ENERGY SERVICES LTD (AESL) Minerals Production in MMT (FY23-24) Government Initiatives 1,704 Opening of mining sector for private sector 242 206 9 + Incentive for higher production + Marketing Freedom 20,264 Mineral Industry Growth Metrices 32,870 Mineral product
Slide 20: Business Verticals & Outlook
Business Verticals & Outlook ASI AN ENERG Y SERVICES LIM IT ED (AE SL) 19
Slide 21: 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 22: 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 23: 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 24: 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 25: 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 26: 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 27: 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 28: 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 29: 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 30: 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 31: 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 32: Clientele and Orderbook
Clientele and Orderbook ASI AN ENERG Y SERVICES LIM IT ED (AE SL) 31
Slide 33: 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 32
Slide 34: Diverse Order Book Spanning Verticals and Clients
Diverse Order Book Spanning Verticals and Clients ASIAN ENERGY SERVICES LTD (AESL) INFRA/CHP O&M Seismic 61% Order Book 34 % Order Book 5 % Order Book ~₹ 628 Crs Order Value ~₹ 347 Crs Order Value ~₹ 48 Crs Order Value o Suvali, Gujarat (Vedanta) o Gevra, Chhattisgarh (HEC) o Gujarat (Sunpetrochemic
Slide 35: Management Team
Management Team ASI AN ENERG Y SERVICES LIM IT ED (AE SL) 34
Slide 36: Core Leadership Team
Giving Strategic Direction to the Vision: Core Leadership Team ASIAN ENERGY SERVICES LTD (AESL) Mr. Kapil Garg Dr. Rabi Narayan Bastia MANAGING DIRECTOR 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 ▪ Graduated from IIT Roorkee and completed his masters there ▪ With a vast experie
Slide 37: 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 38: CSR Initiatives
CSR Initiatives ASI AN ENERG Y SERVICES LIM IT ED (AE SL) 37
Slide 39: 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 40: 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 41: Historical Financials
Historical Financials ASI AN ENERG Y SERVICES LIM IT ED (AE SL) 40
Slide 42: 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 43: 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 44: 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 45: 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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