Asian Energy Services Limited · NSE:ASIANENE
Asian Energy Services — Q3 FY24 Earnings Presentation
31 slides from Asian Energy Services's earnings presentation, Jan 30, 2024
Slide 1: Cover letter to stock exchanges
Ref: 2024/AES/SE/GEN/0077 30th January, 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
Slide 2: Investor Presentation Q3FY24
INVESTOR PRESENTATION Q3FY24 J A N U A R Y 2 0 2 4 ASIAN ENERGY SERVICES LTD (AESL)
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Asian Energy 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 se
Slide 4: Contents
ASIAN ENERGY SERVIC ES LTD (AESL) Contents About the Order Book Company Strategic Management Business Shift Team Business CSR & HSE Verticals Oil & Gas Way Forward INVESTOR PRESEN TATIO N Services Financial Mining Highlights Services 03
Slide 5: Servicing Excellence since Decades
Servicing Excellence ASIAN ENERGY SERVIC ES LTD (AESL) since 3 Decades • Founded in 1992, ASIAN Energy Services Limited (AESL) embark ed 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
Slide 6: Decoding our Corporate DNA
Decoding our Corporate DNA ASIAN ENERGY SERVIC ES LTD (AESL) C O R E VAL U E S OILMAX ENERGY PVT. LTD. P E R FO R M A N C E 62% TR U S T Q U A L I TY INVESTOR PRESEN TATIO N TE A M W O R K 05
Slide 7: The call for Diverse Strategies
The call for ASIAN ENERGY SERVIC ES 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 P
Slide 8: AESL's Diversified and Strategic Approach
AESL’s Diversified and ASIAN ENERGY SERVIC ES 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 STRA
Slide 9: Challenges Met, Horizons Expanded
Challenges Met, Since 2016, AESL has consistently evolved, ASIAN ENERGY SERVIC ES LTD (AESL) adapting to industry demands and exploring new Horizons Expanded avenues. We have successfully transformed into an integrated energy services provider with a presence across the value chain. CHARTING NEW TER
Slide 10: Capabilities to execute even in difficult terrains
Capabilities to ASIAN ENERGY SERVIC ES LTD (AESL) execute even in difficult terrains AESL has delivered projects in non-accessible Kurdist an & Rajastha n, Rough terrain challenges Indonesi a & North-E ast India, Thick Vegetatio n terrains with quality in a timely manner. It has led AESL to become t
Slide 11: Business Verticals
ASIAN ENERGY SERVIC ES LTD (AESL) Business Verticals Integrated Oil & Gas Mining INVESTOR PRESEN TATIO N Field Development Services S ERV I CES OFFE RI NG MATE RI AL HAND LI NG A CROS S E &P VAL UE CHA I N AESL has diversified offerings across the S YS TEMS energy spectrum, ensuring strategic positi
Slide 12: Comprehensive Solutions Across the Oil & Gas Spectrum
Comprehensive Solutions ASIAN ENERGY SERVIC ES LTD (AESL) Across the Oil & Gas Spectrum Seismic Production Facility Operations Production Services Construction & Maintenance Enhancement ONSHORE SEISMIC SIGNIFICANT EXPERTISE EXTENSIVE EXPERIENCE EXTENSION OF O&M SERVICES WITH AND FINANCIAL AND EXPERT
Slide 13: Industry outlook - O&G
Industry outlook - O&G As the demand for energy continues to surge, the ASIAN ENERGY SERVIC ES LTD (AESL) 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.
Slide 14: Leading Seismic Prowess
Leading Seismic Prowess ASIAN ENERGY SERVIC ES 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 Footpr
Slide 15: Business Outlook – Seismic Services
Business Outlook – ASIAN ENERGY SERVIC ES LTD (AESL) Seismic Services ONGOING PROJECTS AESL's Seismic Services are • Currently working on projects with ONGC, Vedanta and GAIL across Gujarat, poised for significant growth, Rajasthan and North-East India. anchored by ongoing projects and bolstered by
Slide 16: Business Outlook – Oil and Gas Production
Business Outlook – ASIAN ENERGY SERVIC ES LTD (AESL) DOMESTIC PRODUCTION BOOST Oil and Gas Production • INDROR A FIELD: Production ramp-up anticip at ed in the coming months. • CAMB AY & MEWAD FIELDS: Set to commence producti on nex t year. AESL is gearing up for a transformative phase in oil and •
Slide 17: Coal, Minerals and Beyond
Coal, Minerals Strategically diversifying our operations, AESL's ASIAN ENERGY SERVIC ES LTD (AESL) 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 ST
Slide 18: Industry Outlook Material Handling
Industry Outlook As the Indian coal industry sets ambitious growth ASIAN ENERGY SERVIC ES LTD (AESL) 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 19: Business Outlook – Mining Services
As Indian demand for energy continues to grow, the Business Outlook – ASIAN ENERGY SERVIC ES 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 Tail
Slide 20: Serving the Industry Majors
Serving the ASIAN ENERGY SERVIC ES LTD (AESL) Industry Majors INVESTOR PRESEN TATIO N *Brand names and logos mentione d are the property of their respectiv e owners and are for identifi cation purpos es only 19
Slide 21: Diverse Order Book Spanning Verticals and Clients
Diverse Order Book Spanning Verticals and Clients ASIAN ENERGY SERVIC ES LTD (AESL) o Well diversified order book with multiple clients and contracts MINING SERVICES OIL & GAS SERVICES o Strong credibility and relationship with marquee clients 41% Order Book 59% Order Book ₹337 CR Order Value o Expe
Slide 22: Core Leadership Team
Giving Strategic Direction to the Vision: Core Leadership Team ASIAN ENERGY SERVIC ES LTD (AESL) Mr. Kapil Garg Dr. Rabi Narayan Bastia MA NA GIN G DIRE CTO R NO N-EXE CUT IVE P RO FE SS IO NA L D IR EC TOR Graduated from IIT Roorkee and completed his With a vast experience of 3 decades he has p
Slide 23: Board of Directors
Giving Strategic Direction to the Vision: Board of Directors ASIAN ENERGY SERVIC ES LTD (AESL) Mr. N. M. Borah Mr. Brij Mohan Bansal NO N-EXE CUT IVE INDE P E NDE NT D IRE CTO R NO N-EXE CUT IVE INDE P E NDE NT D IREC TO R Served as the CMD of Oil India Ltd. (OIL) Mr. Bansal, possesses over 46 y
Slide 24: CSR Initiatives
CSR Initiatives ASIAN ENERGY SERVIC ES LTD (AESL) Installation of Ro Plant and upgrading of drinking Distributio n of School accessori es water supply. INVESTOR PRESEN TATIO N Installation of Ro Plant and upgrading of drinking Installation of Ro Plant and upgrading of drinking Distributio n of Schoo
Slide 25: Environment & Safety initiatives
Environment & Safety initiatives ASIAN ENERGY SERVIC ES LTD (AESL) W orld environment day celebrate d with plantation drive F r e e M e d i c a l C a mp s a n d C a mp a i g n p a r t n e r s h i p s wi t h local NGOs INVESTOR PRESEN TATIO N 5 0 t h n a t i o n a l s a f e t y d a y / we e k c a m p
Slide 26: Management Commentary: The Way Forward
Management Commentary: The Way Forward ASIAN ENERGY SERVIC ES LTD (AESL) Kapil Garg MANAGING DIRECTOR Our sustained efforts across the As a business, we see past few years have finally humongous opportunities lying started yielding good results. ahead of us with modernization From a pure seismic com
Slide 27: Vertical Performance - Revenue
Vertical Performance - Revenue ASIAN ENERGY SERVIC ES LTD (AESL) SEGMENT INTERGRATED OIL & GAS FIELD DEVELOPMENT MINING SERVICES Y-o-Y Y-o-Y 71.84 114.19 64.52 39% 16.7 61% 9MFY23 9MFY24 9MFY23 9MFY24 OVERALL REVENUE Y-o-Y INVESTOR PRESEN TATIO N 186.33 INTEGRATED OIL & GAS FIELD DEVELOPMENT 81.21 M
Slide 28: Profit and Loss Statement - Quarterly
Profit and Loss Statement - Quarterly ASIAN ENERGY SERVIC ES LTD (AESL) (₹ IN CRORES) PARTICULARS Q3FY24 Q2FY24 Q3FY23 Q-o-Q Y-o-Y TOTAL INCOME 95.42 47.56 29.63 109% 228% EBITDA 16.14 3.55 (2.94) 323% 611% EBITDA Margin (%) 16.91% 7.81% (10.18%) Finance cost 0.66 0.46 1.07 43% (38%) Depreciation an
Slide 29: Summary of Profit and Loss Statement - Annual
Summary of Profit and Loss Statement - Annual ASIAN ENERGY SERVIC ES LTD (AESL) (₹ IN CRORES) PARTICULARS FY19 FY20 FY21 FY22 FY23 9MFY24 TOTAL INCOME 197.83 276.62 234.21 263.30 114.04 191.73 EBITDA 34.35 63.15 48.56 69.17 (20.13) 23.69 EBITDA Margin (%) 17.36% 22.83% 20.73% 26.27% (17.66%) 12.36%
Slide 30: Summary of Balance Sheet
Summary of Balance Sheet ASIAN ENERGY SERVIC ES LTD (AESL) (₹ IN CRORES) PARTICULARS FY19 FY20 FY21 FY22 FY23 9MFY24 Shareholders' Funds 152.00 181.45 203.44 241.76 199.47 240.18 Non-Current Liabilities 0.08 2.92 0.74 1.94 2.43 2.04 Long Term Borrowings 0.00 0.00 2.18 2.52 2.59 1.96 Current Liabilit
Slide 31: Thank You
Thank You C O N TAC T U S For any further information, please contact REGISTERED OFFICE Asian Energy Services Limited 3B, 3rd Floor, Omkar Esquare, Chunabhatti Signal, Eastern Express Highway, Sion (East), Mumbai - 400 022, Maharashtra, India. COMPANY CONTACT investor.relations@asianenergy.com ASI A
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