Asian Energy Services Limited · NSE:ASIANENE
Asian Energy Services — Q2 FY2027 Earnings Presentation
26 slides from Asian Energy Services's earnings presentation, October 2026
Slide 1: Investor Presentation
INVESTOR PRESENTATION October 2026 ASIAN ENERGY SERVICES LIMITED (AESL) 1
Slide 2: 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 following restrictions. This presentation does not constitute or form part of any offer or invitatio
Slide 3: Management Outlook: Q2 & H1FY27 Performance
Management Outlook Q2 & H1FY27 Performance ASIAN ENERGY SERVICES LIMITED (AESL) 3
Slide 4: Management Outlook - Managing Director
Management Outlook ASIAN ENERGY SERVICES LTD (AESL) Kapil Garg MANAGING DIRECTOR ‘‘ We have delivered a strong performance in H1FY27, marked by focused execution across our business verticals, and we remain on track with the guidance provided for FY27. The execution of the Revenue Sharing Contract o
Slide 5: Management Outlook - Group CFO
Management Outlook ASIAN ENERGY SERVICES LTD (AESL) Sumit Maheshwari ‘‘ GROUP CFO Q2FY27 reflected continued progress across our businesses with a robust financial position. The business reported strong execution across all verticals despite a volatile global environment. Our Q2FY27 revenue has grow
Slide 6: Q2 & H1FY27 Key Business Highlights
Q2 & H1FY27 Key Business Highlights ASIAN ENERGY SERVICES LTD (AESL) OilMax Merger Update: Passed key regulatory milestones with the receipt of NCLT approval. In principle 01 approval from Ministry of Petroleum and Natural Gas (MoPNG) received, awaiting final approval for scheme implementation. H1FY
Slide 7: Performance Highlights (Consolidated) – Q2 & H1FY27
Performance Highlights (Consolidated) – Q2 & H1FY27 ASIAN ENERGY SERVICES LTD (AESL) (INR in Crore) Revenue EBITDA PAT 537.9 52.3 29.8 30.3 266.7 17.1 217.4 21.1 102 9.1 1.7 -4 H1 FY26 H1 FY27 Q2 FY26 Q2 FY27 H1FY26 H1FY27 Q2FY26 Q2FY27 H1 FY26 H1 FY27 Q2 FY26 Q2 FY27 • Revenue increased to INR 266.
Slide 8: Performance Highlights (Standalone) – Q2 & H1FY27
Performance Highlights (Standalone) – Q2 & H1FY27 ASIAN ENERGY SERVICES LTD (AESL) (INR in Crore) Revenue EBITDA PAT 41.1 278.8 24.6 176.4 24.8 15.1 129.6 17.9 7.9 61 6 1.8 H1FY26 H1FY27 Q2FY26 Q2FY27 H1FY26 H1FY27 Q2FY26 Q2FY27 H1FY26 H1FY27 Q2FY26 Q2FY27 • Revenue increased to INR 129.6 crore from
Slide 9: Performance Highlights – Q1 & Q2FY27
Performance Highlights – Q1 & Q2FY27 ASIAN ENERGY SERVICES LTD (AESL) (INR in Crore) CONSOLIDATED EBITDA Margin PAT Revenue EBITDA 271.2 266.7 30.3 11.4% 17.1 8.1% 12.8 21.9 Q1 FY27 Q2 FY27 Q1 FY27 Q2 FY27 Q1 FY27 Q2 FY27 Q1 FY27 Q2 FY27 STANDALONE EBITDA Margin PAT Revenue EBITDA 24.8 149.3 19.1% 1
Slide 10: Segmental Performance – Q2 & H1FY27
Segmental Performance – Q2 & H1FY27 ASIAN ENERGY SERVICES LTD (AESL) (INR in Crore) OIL AND GAS MINERAL AND OTHER ENERGY SERVICES Operational Update 53.3 484.5 50.2 Oil & Gas Segment: Revenue 27.1 26.9 • Kuiper’s operations normalised 239.8 during Q2FY27, following 167.2 disruptions earlier in the y
Slide 11: Consolidated Profit & Loss Statement – Q2 & H1FY27
Consolidated Profit & Loss Statement – Q2 & H1FY27 ASIAN ENERGY SERVICES LTD (AESL) Particulars (INR Crore) Q2FY27 Q2FY26* Y-o-Y Q1FY27 Q-o-Q H1FY27 H1FY26* Y-o-Y Revenue from Operations 266.7 102.0 161% 271.2 -2% 537.9 217.4 148% Project Related Expenses 202.0 81.2 219.1 421.1 174.0 Employee Expens
Slide 12: Consolidated Balance Sheet
Consolidated Balance Sheet (INR in Crore) ASIAN ENERGY SERVICES LTD (AESL) Assets Sep-26 Mar-26 Liabilities Sep-26 Mar-26 Non-Current Assets Equity Property, Plant and Equipment 153.4 113.5 Capital work-in-progress 9.5 46.1 Equity Share capital 48.7 44.9 Intangible assets 0.2 0.3 Other Equity 571.5
Slide 13: Consistent Growth Trajectory
Consistent Growth Trajectory INR in Crore ASIAN ENERGY SERVICES LTD (AESL) Standalone Revenue Split H1 vs H2 Average (FY23 – FY26) 3,000 Revenue CAGR (Consolidated) 465 791 93% 305 538 FY23 – FY26 CAGR 37% 110 (H1FY27) FY23 FY24 FY25 FY26 FY27 FY29/30 INR 110–791 crore Target 63% 700 EBITDA FY23 – F
Slide 14: INR 1,633 Crore Order Book: Strong Revenue Visibility
INR 1,633 Crore Order Book*: Strong Revenue Visibility ASIAN ENERGY SERVICES LTD (AESL) Mineral Services Integrated Oil & Gas Services 41% of Order Book 59% of Order Book ~INR 673 crore Order Value ~INR 960 crore Order Value INVESTOR PRESENTATION Total Order Book* worth ~INR 1,633 Substantial pipeli
Slide 15: Business Overview
Business Overview ASIAN ENERGY SERVICES LIMITED (AESL) 15
Slide 16: Atmanirbhar Bharat – Govt Initiatives and Policy Tailwinds
Atmanirbhar Bharat – Govt Initiatives and Policy Tailwinds ASIAN ENERGY SERVICES LTD (AESL) Multiple government initiatives and schemes to increase domestic production and reduce import dependency. Asian is well poised to take part in Mining and Oil & Gas capex super cycle. Samudra Manthan Discovere
Slide 17: Diversified Integrated Energy Platform
Diversified Integrated Energy Platform ASIAN ENERGY SERVICES LTD (AESL) Combining asset-light technical capabilities with owned energy assets and infrastructure to create an Integrated Energy Platform The Oilmax Merger O&G Services Spectrum Mineral Services The merger strengthens AESL’s AESL now off
Slide 18: One-Stop Upstream Solutions: End to End Coverage
One-Stop Upstream Solutions: End to End Coverage ASIAN ENERGY SERVICES LTD (AESL) Asian Energy operates as an integrated player, providing end-to-end solutions to E&P industry Exploration Development Production Abandonment • Geological Studies • Detailed Engineering • Production • S e i s mi c A c t
Slide 19: Integrated Upstream E&P Value Chain
Integrated Upstream E&P Value Chain ASIAN ENERGY SERVICES LTD (AESL) 01 02 03 04 05 Asset Identification Resource Field Development Production Value & Evaluation Assessment Planning Ramp-Up Creation • Identify prospective oil & • Evaluate reservoir • Optimize field development • Execute drilling and
Slide 20: Experienced Team Driving Execution
Experienced Team Driving Execution ASIAN ENERGY SERVICES LTD (AESL) AESL & Oilmax bring together end-to-end, in-house capabilities and multidisciplinary manpower across the entire upstream O&G value chain Why the Team Delivers SUB-SURFACE WELL & DRILLING FACILITIES & PROJECTS ❑ Industry-veteran lead
Slide 21: Material Handling & Logistics – A Structural Growth Runway
Material Handling & Logistics – A Structural Growth Runway ASIAN ENERGY SERVICES LTD (AESL) A structural shift towards mechanised coal handling, backed by Coal India Limited’s (CIL) project pipeline, supports sustained demand for AESL’s CHP solutions 139 92 46 ~95.5 MTY FMC* projects taken up CIL FM
Slide 22: Mewad Field: From Discovery to Production Ramp-Up
Mewad Field: From Discovery to Production Ramp-Up ASIAN ENERGY SERVICES LTD (AESL) 01 02 03 04 STEP 01 STEP 02 STEP 03 STEP 04 Achieved Oil Field Development Production Ramp- Financial Upside Discovery Strategy Up Indrora field NM1 well successfully Comprehensive, Block-level production development
Slide 23: Oilmax: Proven Track Record of Value Creation
Oilmax: Proven Track Record of Value Creation ASIAN ENERGY SERVICES LTD (AESL) Asset Value Creation Current Status OIL & GAS BLOCKS • Field shut in for more than 10 years Amguri • Restarted production in a record 50 days during COVID Producing Assam 1,850 BOE / day • 4-fold increase in reserves from
Slide 24: Oilmax-Asian and Kuiper: Presence across India & the World
Oilmax-Asian and Kuiper: Presence across India & the World ASIAN ENERGY SERVICES LTD (AESL) INVESTOR PRESENTATION 24 Note: The maps are for illustrative purposes only, is not drawn to scale, and does not represent the accuracy or authenticity of geographical or political boundaries
Slide 25: Integrated Business Model Driving Sustainable Growth
Asian Energy – Integrated Business Model Driving Sustainable Growth ASIAN ENERGY SERVICES LTD (AESL) A diversified, integrated energy platform — technical services, upstream production, and international scale 01 02 03 P I L L AR 0 1 P I L L AR 0 2 P I L L AR 0 3 Oilmax Energy Asian Energy Services
Slide 26: For further information, please contact
For further information, please contact Company: Investor Relations Advisors: Asian Energy Services Limited Adfactors PR Private Limited CIN – L23200MH1992PLC318353 Contact Details: Mr. Ashish Sahu investor.relations@asianenergy.com teamasianenergy@adfactorspr.com +91 22-42441100 +91 9867640148 www.
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