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Asian Energy delivered explosive FY26 revenue growth of 70% and 44% Adj. PAT growth, driven by the Kuiper acquisition and strong project execution despite geopolitical supply-chain headwinds.
Asian Energy Services was empanelled by Oil India Ltd for seismic data services over three years. This qualifies the company to bid for OIL's future onshore tenders.
Asian Energy Services Limited filed its Annual Secretarial Compliance Report for FY26. The auditor noted minor procedural deviations regarding meeting intimations and XBRL filing timelines.
Asian Energy reported strong FY26 revenue growth of 70% YoY, transforming into an integrated energy platform via Kuiper and Oilmax mergers.
Asian Energy Services Limited issued a postal ballot notice for re-appointing its Managing Director and granting stock options. E-voting concludes on June 24, 2026.
Asian Energy delivered 70% YoY revenue growth in FY26, pivoting from domestic service to an integrated international energy platform. Despite strong numbers, West Asia conflict disruptions caused a Q4 guidance miss, deferring revenue to FY27.
Asian Energy Services recommended a final dividend of 12.5% for the 2026 fiscal year. Shareholder approval and record date determination are pending.
Asian Energy Services re-appointed Mr. Kapil Garg as Managing Director for a three-year term. This ensures leadership continuity for the company's long-term strategic execution.
Asian Energy (AESL) delivered record FY26 consolidated revenue of ₹791.1cr, up 70.1% YoY, driven by Kuiper acquisition and integrated service contracts. The company is transitioning toward a high-margin, asset-light upstream platform.
Asian Energy reported FY26 revenue of ₹791.1 Crore, a 70.1% YoY increase. Net profit surged 43.6% to ₹60.6 Crore, driven by strong execution momentum.
Asian Energy Services Ltd reported revenue from operations of ₹338.2 Cr (+57.0% YoY) and net profit of ₹32.7 Cr (+44.7% YoY) for Q4 FY26.
Asian Energy Services reported ₹799.94 Crore annual consolidated income and recommended a ₹1.25 dividend per share. The company also re-appointed Dr. Kapil Garg as Managing Director.
Asian Energy delivered a massive Q3 FY26 with PAT up 117% YoY, driven by the first full quarter of Kuiper consolidation and strong execution in core services.
Asian Energy Services scheduled a board meeting for May 19, 2026. Directors will consider FY26 audited financial results and a potential final dividend recommendation.
Asian Energy Services Limited will hold an NCLT-convened meeting on June 12, 2026, to approve its merger with Oilmax Energy. Shareholders can vote remotely starting June 9.
Asian Energy Services announced an NCLT-convened meeting on June 12, 2026. Shareholders will vote on merging Oilmax Energy Private Limited into the company.
Asian Energy Services Limited allotted 36,62,702 equity shares following the conversion of convertible equity warrants. This exercise increased the company's paid-up share capital from 44,94,82,980 to 48,61,10,000, reflecting an expansion in the equity base.
Asian Energy Services Limited completed the conversion of 36.63 lakh warrants, raising ₹92.03 Crore. This final exercise follows a 2024 preferential allotment, bringing total funds raised to ₹131.03 Crore. Proceeds will fund growth across oil, gas, and coal material handling verticals, strengthening the company's equity base and balance sheet.
Asian Energy Services Ltd allotted 36,62,702 equity shares following the conversion of warrants, receiving ₹92.03 Crore in exercise proceeds. Concurrently, 10,37,298 warrants lapsed due to non-exercise within the 18-month period. This conversion increases the company's paid-up equity capital to ₹48.61 Crore.
Asian Energy Services Limited announced that CRISIL Ratings has enhanced its rated bank loan facilities to ₹317.5 Crore. The agency maintained its 'Crisil BBB+/Watch Developing' and 'Crisil A2/Watch Developing' ratings for long-term and short-term facilities, respectively. The 'Watch Developing' status continues due to ongoing implications.
Asian Energy Services Limited announced that India Ratings & Research has withdrawn the ratings for its ₹125.0 Crore bank loan facilities. This voluntary withdrawal follows a no-objection certificate from lenders. The company's ratings from CRISIL Ratings Limited remain in force as per previous intimations.
Asian Energy Services Ltd reported net profit of ₹17.5 Cr (+113.4% YoY) for Q3 FY26.