Asian Energy Services Limited · NSE:ASIANENE
Asian Energy Services — Q2 FY26 Earnings Presentation
20 slides from Asian Energy Services's earnings presentation, Nov 14, 2025
Slide 1: Exchange filing cover letter
Date: 14th November, 2025 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: 530
Slide 2: Investor Presentation November 2025
INVESTOR PRESENTATION November-2025 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: Q2 & H1FY26 Performance Highlights
Q2 & H1FY26 Performance Highlights ASIAN ENERGY SERVICES LIMITED (AESL) 3
Slide 5: Management Commentary
Management Commentary ASIAN ENERGY SERVICES LTD (AESL) Kapil Garg MANAGING DIRECTOR ‘‘ We are pleased to share that the first half of this financial year has been a strategically important period for AESL, marked by the successful completion of the Kuiper Group acquisition an important milestone in
Slide 6: Key Business Highlights
Key Business Highlights ASIAN ENERGY SERVICES LTD (AESL) The company secured ~ Rs 459 crores contract (including taxes) for Coal Handling Plant from Mahanadi Coalfields in Odisha and will be 01 executed over a span of seven years The total order book stands at ~ Rs 2,005 crore* (as on 14th November
Slide 7: Financial Highlights
Financial Highlights ASIAN ENERGY SERVICES LIMITED (AESL) 6
Slide 8: Vertical Performance – Q2 & H1FY26
Vertical Performance – Q2 & H1FY26* ASIAN ENERGY SERVICES LTD (AESL) (Rs in Crore) OIL AND GAS MINERAL AND OTHER ENERGY SERVICES 167.2 108.3 72.6 Revenue Oil & Gas segment : 74.9 50.2 o Q2FY26 revenue includes ~ Rs 41 crores contributed by Kuiper Group 49.6 27.1 25.1 o Q2FY26 operating profit includ
Slide 9: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement# ASIAN ENERGY SERVICES LTD (AESL) (Rs in Crore) Particulars (Rs. Crores) Q2FY26 Q2FY25 Y-o-Y Q1FY26 Q-o-Q H1FY26 H1FY25 Y-o-Y FY25 Revenue from Operations 102.0 97.7 4% 115.4 -12% 217.4 157.9 38% 465.0 Project Related Expenses 81.2 74.7 92.7 174.0 120.2 368.7 T
Slide 10: Consolidated Balance Sheet Statement
Consolidated Balance Sheet Statement ASIAN ENERGY SERVICES LTD (AESL) (Rs in Crore) Assets Sep-25 Mar-25 Liabilities Sep-25 Mar-25 Non Current assets Equity Property, Plant and Equipment 106.7 114.9 Equity Share capital 44.7 44.7 Capital work-in-progress 2.6 2.6 Intangible assets 0.2 0.0 Other Equit
Slide 11: Summary of Cash Flow Statement
Summary of Cash Flow Statement ASIAN ENERGY SERVICES LTD (AESL) (Rs in Crore) PARTI CULARS Sep-25 Sep-24 Cash Flow From Operating Activities -72.8 -2.0 Cash Flow From Investing Activities 42.5 -20.0 Cash Flow From Financing Activities 79.8 27.6 Net Cash Flow 49.5 5.7 INVESTOR PRESENTATION Cash at th
Slide 12: Clientele and Orderbook
Clientele and Orderbook ASIAN ENERGY SERVICES LIMITED (AESL) 11
Slide 13: Serving the Industry Majors
Serving the ASIAN ENERGY SERVICES LTD (AESL) Industry Majors INVESTOR PRESENTATION 12 *Brand names and logos mentioned are the property of their respective owners and are for identification purposes only
Slide 14: Diverse Order Book Spanning Verticals and Clients
Diverse Order Book Spanning Verticals and Clients ASIAN ENERGY SERVICES LTD (AESL) INFRA/CHP O&M Seismic 33.2% Order Book 62.4% Order Book 4.4% Order Book ~Rs 667 Crs Order Value ~Rs 1,251 Crs Order ~Rs 88 Crs Order Value Value o Gevra, Chhattisgarh (HEC) o Suvali, Gujarat (Vedanta) o Gujarat (Sun P
Slide 15: Kuiper Acquisition
Kuiper Acquisition ASIAN ENERGY SERVICES LIMITED (AESL) 14
Slide 16: AESL - Kuiper Group
AESL- Kuiper Group ASIAN ENERGY SERVICES LTD (AESL) About The Acquisition Operational Performance AESL completed the acquisition of a 100% stake in Kuiper Group, UAE, Kuiper’s financials consolidated from 1st September 2025; September from Gulf Capital (a marquee PE fund) in August 2025 for a total
Slide 17: Oilmax Merger Summary
Oilmax Merger Summary ASIAN ENERGY SERVICES LIMITED (AESL) 16
Slide 18: Key Rationale
Key Rationale ASIAN ENERGY SERVICES LTD (AESL) Strategic Fit & Business OverviewSynergies Growth & Market Leadership • Integration of strengths across oil & gas, minerals, and upstream • Creation of a leading Indian energy & mineral company with global services footprint • Asian’s O&M & EPC expertis
Slide 19: Oilmax Asset Overview
Oilmax Asset Overview ASIAN ENERGY SERVICES LTD (AESL) Peak Production Participating Peak Production Timeline for Peak Asset Current Status Interest (BOE) Production Overview Gas (MMSCFD) Oil (BOPD) Financial Snapshot Oil & Gas Assets Amguri 50% Producing 15 500 3000 FY 26-27 Assam ON Indrora 60%* P
Slide 20: 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
Asian Energy Services — Q2 FY26 Earnings Presentation on 6ix