ASIANENE
Asian Energy Services Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
ASIANENE
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹399 today
BEAR
₹222
-44%
14.9% a year · 17x exit
BASE
₹384
-4%
25.7% a year · 26.9x exit
BULL
₹622
+56%
35% a year · 40.5x exit
Where the market has priced it
12x35x today46x
- the guided figure reached earnings through a low-confidence bridge
- multiple band rests on only 4 filed years
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹11.38 (screener) |
|---|---|
| Guided growth | 25.7% a year, said on the call of 26-May-2026 · transcript |
| Read across as | operating: unlabelled growth figure, read as revenue — low confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 17x / 26.86x / 40.52x, this company’s own p20 / median / p80 across 4 filed years |
| Arithmetic | base EPS × (1 + guided growth × delivery)1 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from NSE earnings-call filings · extracted, not interpreted
generic growth 30%ebitda margin 1–2%
So as we told you, FY '26, we had a Kuiper only for the 7 months for the stand-alone basis for FY '27 we hope to grow between 30% to 40%.
Call 26-May-2026 · bridge confidence low · transcript PDF