7.96
+2.45%
Close of 9 Nov 2026, in INR
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About Aakash Exploration Services
Its shares trade on NSE under the ticker AAKASH.NS. It has been listed since 27 April 2018. In the fiscal year to 31 March 2025, it reported revenue of ₹981.9m and net income of ₹18.4m. At that date it held total assets of ₹964.3m and shareholders' equity of ₹603.6m.
Aakash Exploration Services Ltd. provides services for oil and gas exploration. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2018-04-27. The firm provides its services to M/S Oil & Natural Gas Corporation Ltd, Ahmedabad, Mehsana and Hazira Projects and also provides similar services to private oil field operators namely GSPCL, Cairn, Essar, Great Eastern Energy, Indian Oil Corporation (IOC), Niko, Oil India Limited (OIL), Price Petroleum and others. The firm is engaged in various projects, including Hindustan Oil Exploration Company Ltd, Oil and Natural Gas Corporation Limited (ONGC), Reliance, Vedanta and Oil India. Its services include oil enhance recovery, well head maintenance, well head greasing, hot oil circulation unit, mold guide on sucker rod, drilling rig, chemical dosing pump, acid pumping unit, sucker rod pumping unit (SRP), flush by unit, workover rig, mobile air compressor, mobile pumping unit and mobile steaming unit.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Energy
- Industry
- Energy Equipment & Services
- Listed since
- 27 Apr 2018
- Employees
- 1,228
- Website
- aakashexploration.com ↗
Leadership
Pay as last reported
- Mr. Vipul HariaChairman of the Board, Managing Director, since 2007₹4.2m
- Mr. Hemang HariaChief Financial Officer, Whole Time Director, since 2007₹2.4m
- Mrs. Nisha AgrawalCompliance Officer, Company Secretary₹240,000
- Mr. Krunal HariaWhole Time Director, since 2007₹2.4m
- Mr. Divyang PatelNon-Executive Independent Director
- Mr. Piyush SavlaNon-Executive Independent Director
- Mrs. Ami ShahNon-Executive Independent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Provides oil and gas exploration services to major clients including ONGC and Reliance.
- Offers a diverse range of services such as well head maintenance and drilling rig operations.
- Has a workforce of 1,228 full-time employees based in Ahmedabad.
Weaknesses
- Relies on a limited number of clients including ONGC and private operators.
- Services are specific to oil and gas exploration with no mention of diversification.
- No information provided on financial performance or market share.
Opportunities
- Potential to expand services to new clients in the energy sector.
- Growing demand for oil and gas exploration services in India.
- Possibility to leverage existing client relationships for additional projects.
Threats
- Dependence on a few key clients may lead to revenue volatility.
- Competition from other exploration service providers in the energy sector.
- Regulatory changes in the oil and gas industry could impact operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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