BSEOthers2d ago · 2 Sept 2026, 04:52 pm
Please find attached the intimation regarding Annual Report pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the Financial Year 2025-26.
Asian Energy Services Ltd · 530355
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Asian Energy Services Ltd has announced the intimation regarding Annual Report pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the Financial Year 2025-26, along with the Notice of the 33rd Annual General Meeting.
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Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
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Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Asian Energy Services Ltd - 530355 - Reg. 34 (1) Annual Report.
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Date: 2nd September, 2026
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: 530355 Trading Symbol: ASIANENE
Dear Sir/Madam,
Subject: Annual Report Pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 for the Financial Year 2025-26.
The 33rd Annual General Meeting of the Company will be held on Thursday, 24th September, 2026 at 12:00
Noon (IST) through Video Conferencing (VC) /Other Audio Visual Means (“OAVM”).
Pursuant to Regulations 34(1) of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended, please find enclosed herewith the Annual
Report of the Company for Financial Year 2025-26 along with the Notice of the 33rd Annual General
Meeting and other Statutory Reports.
The said Annual Report is being sent through electronic mode to the Members whose email addresses are
registered with the Company/ MUFG Intime India Private Limited- Registrar and Transfer Agent / National
Securities Depository Limited and/or Central Depository Services (India) Limited.
The Annual Report is also available on the Company’s website at www.asianenergy.com .
You are requested to kindly take the same on record.
Thanking you,
Yours faithfully,
For Asian Energy Services Limited
Shweta Jain
Company Secretary & Comliance Officer
Membership No. 23368
Encl: as above
Asian Energy Services Limited
CIN: L23200MH1992PLC318353
3B, 3rd Floor, Omkar Esquare, Chunabhatti Signal, Eastern Express Highway, Sion (East), Mumbai - 400022
Phone +91 (22) 42441100 E-mail:secretarial@asianenergy.com Web: https://www.asianenergy.com
Source to Solutions
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01-15 67-232
CORPORATE OVERVIEW FINANCIAL STATEMENTS
About the Company 02 Standalone 68
Our Journey 03 Consolidated 147
Business Verticals 04
Mergers and Acquisitions 06
From the Managing Director 08
Financial Highlights 10
Strategy 11 NOTICE
ESG 12
Board of Director’s 14
16-66
STATUTORY REPORTS
Management Discussion and
Analysis 16
Board’s Report 22 Scan this QR Code to access
Report on Corporate Governance 44 the Investor Relations page
For more investor-related information, please visit
https://www.asianenergy.com/investor-relations.html#financial
Investor Information
Disclaimer
This document contains statements about expected
Market Capitalization ` 1,073 Crores
future events and financials of Asian Energy Services
(as of March 31, 2026)
Limited (‘The Company’), which are ‘forward-looking’.
CIN L23200MH1992PLC318353 By their nature, forward-looking statements require
the Company to make assumptions and are subject to
BSE Code 530355 inherent risks and uncertainties. There is a significant
risk that the assumptions, predictions, and other
NSE Symbol ASIANENE
forward-looking statements may not prove to be
accurate. Readers are cautioned not to place undue
Bloomberg Code ASO:IN
reliance on forward-looking statements as several
Dividend ` 1.25 per Share factors could cause assumptions, actual future results
recommended and events to differ materially from those expressed
in the forward-looking statements. Accordingly, this
AGM Date Thursday,
document is subject to the disclaimer and qualified in
September 24, 2026
its entirety by the assumptions, qualifications and risk
AGM Mode Video Conferencing (VC)/Other factors referred to in the Management Discussion
Audio-Visual Means (OAVM) and Analysis section of this Annual Report.
INTEGRATED.
DIVERSIFIED.
FUTURE READY.
Some years strengthen a business. Today, our strength lies not only in the
diversity of our business but also in how
Others redefine it. For Asian Energy,
seamlessly our capabilities come together.
2025-26 was the latter. Guided
From engineering and operations and
by a clear strategic vision, we maintenance to manpower solutions and
evolved from a domestic energy upstream oil & gas, our balanced portfolio is
supported by long-term contracts, recurring
services provider into an integrated
international revenues, and a robust order
international energy platform,
book. As we continue to integrate, diversify,
broadening our capabilities,
and invest for the future, we are building
expanding our reach, and creating a more resilient, agile, and future-ready
new pathways for sustainable enterprise, equipped to create enduring
value in an evolving energy landscape.
growth in a rapidly changing energy
space.
This transformation was shaped by a series of
defining milestones. The acquisition of Kuiper
Group extended our presence across the Middle
East and Southeast Asia, while the proposed
merger with Oilmax Energy laid the groundwork
for a more integrated position across the energy
value chain. We secured two of the largest
contracts in our history, achieved a successful oil
discovery at the Mewad field, maintained our net
zero-debt position, and delivered our strongest-
ever financial performance, reflecting disciplined
execution and strategic clarity.
About the Company
BUILDING THE ENERGY
PLATFORM OF TOMORROW
Asian Energy Services Limited (‘Asian Energy’, ‘The Company’ or ‘We’) is an integrated
energy and minerals services company with over three decades of experience across
the upstream oil & gas and mining value chains. Our capabilities include seismic surveys,
integrated field development, engineering, procurement and construction (EPC),
operations and maintenance (O&M), and enhanced oil recovery (EOR), enabling us to
support clients throughout the project lifecycle.
Backed by strong technical expertise, operational excellence, and a proven execution record, we have built long-standing
relationships with leading energy companies while consistently delivering complex, high-value projects.
Vision Core Values
Asian Energy Services Trust Our Stature
Limited aims to be
We strive to build close relationships with our
recognized and respected
customers, stakeholders, and employees and 34
for the quality of its
we rigorously try to uphold our commitments.
services, efficacy and
Years of Experience
reliability of its operations,
in the Industry
the satisfaction of its Quality
customers, and its resolute
We implement the latest and best industry- 50
integrity. We have the +
wide technology and practices to ensure the
utmost respect for our
utmost quality of services to our customers.
Projects Successfully
shareholders, customers,
Completed
and employees, and we
aim to always conduct our Performance
business while upholding 500
We guarantee reliability and efficiency in +
our core values.
meeting our customers’ deliverables by
Employees
employing a highly experienced team of industry
experts and implementing the latest technology,
systems and processes in the industry.
Teamwork
We leverage individual strengths to deliver
outstanding performance, while working in
collaboration with customers and service
providers.
2 ASIAN ENERGY SERVICES LIMITED
Corporate Overview
Statutory Reports
Financial Statements
Our Journey
CHARTING A
JOURNEY OF GROWTH
Secured the PY3 O&M contract
Commenced production facility
construction
Commenced production Received two more CHP
facility construction contracts (Singareni and Hura)
Controlling stake
acquired by Oilmax
Energy Private Limited
Management shifted Acquired Kuiper Group to
to the Oilmax Group expand global O&M footprint
First O&M contract Initiated the merger of
Forayed into the Energy
awarded to Asian Oilmax Energy with Asian
Infrastructure segment
Energy for the EBOK Energy
field in Nigeria for 3
years
2017 2020 2022 2024 2026
2016 2018 2021 2023 2025
Entered oil and gas
production enhancement
Expanded service portfolio Acquired a stake in Indrora
oilfield, Gujarat, contributing
Secured 5 new 2D seismic orders
to increased oil production
totaling 7,500 km for ONGC and Oil
India in India
Secured Suvali O&M and
Signed a s
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