Aakash Exploration Services Limited

NSE AAKASH.NS

Aakash Exploration Services Limited Interest Coverage Ratio for the year ending March 31, 2024: 5.71

Aakash Exploration Services Limited Interest Coverage Ratio is 5.71 for the year ending March 31, 2024, a 22.56% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Aakash Exploration Services Limited Interest Coverage Ratio for the year ending March 31, 2023 was 4.66, a -33.49% change year over year.
Aakash Exploration Services Limited Interest Coverage Ratio for the year ending March 31, 2022 was 7.00, a 75.73% change year over year.
Aakash Exploration Services Limited Interest Coverage Ratio for the year ending March 31, 2021 was 3.98, a 9.19% change year over year.
Aakash Exploration Services Limited Interest Coverage Ratio for the year ending March 31, 2020 was 3.65, a -26.70% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

NSE: AAKASH.NS

Aakash Exploration Services Limited

CEO	Mr. Vipul Navinchandra Haria
IPO Date	May 15, 2018
Location	India
Headquarters	Shukan Mall
Employees	1,252
Sector	Utilities
Industries Utilities Drilling Fracking Gas Oil Extraction Oil & Gas Pipeline Transport Pollution Treatment

Description

Aakash Exploration Services Limited provides support services for oil and gas extraction in India. It offers services using machineries, such as mobile work over rigs, hot oil circulation units, heating units, indirect bath heaters, mobile sucker rod pumping units, utility services for return lines, mobile steaming units, mobile high pressure air compressors, mobile high and low pressure pumping units, and FRAC/ insulated tanks. The company was incorporated in 2007 and is headquartered in Ahmedabad, India.

Key trends

Past 5 years