asian energy services has announced the initiation of a postal ballot process to be conducted exclusively through a remote e-voting facility. The company has informed the stock exchanges that the notice for the postal ballot will be dispatched electronically to members whose email IDs are registered with the company or depository participants.

The eligibility of members to receive the postal ballot notice and participate in the voting process will be determined based on the Register of Members or List of Beneficial Owners as of Friday, May 22, 2026. Shareholders holding shares in physical mode who have not updated their email addresses are requested to do so by writing to the company at secretarial@asianenergy.com , providing specific documents including a self-attested copy of their PAN card and address proof.

For shareholders holding shares in dematerialized form, the company has advised registering or updating email addresses with the relevant Depository Participants. The login credentials required for casting votes through the e-voting system will be made available to shareholders via email only after the successful registration of their email addresses.

The detailed procedure for casting votes and the postal ballot notice will be made available on the company's website at www.asianenergy.com . Additionally, the notice will be accessible on the websites of the BSE and NSE. The company stated that the remote e-voting mechanism is being implemented in compliance with the provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Dates for Shareholders

Asian Energy Services Limited has announced its audited financial results for the quarter and year ended 31 March 2026. The company reported a consolidated net profit of INR 51.84 crore for the financial year 2025-26, marking a 23% increase from the previous year. Revenue from operations for the year surged to INR 791.1 crore from INR 465.0 crore in FY25. The board has recommended a final dividend of INR 1.25 per equity share for FY26, subject to shareholder approval.

For the quarter ended 31 March 2026, the net profit stood at INR 32.65 crore, compared to INR 22.55 crore in the corresponding quarter of the previous year. Quarterly revenue from operations rose to INR 338.2 crore. The statutory auditors issued an unmodified opinion on the financial results. The adjusted PAT for FY26 is after adjusting for exceptional items of INR 9.4 crore, which includes one-time acquisition costs and write-offs.

Financial Performance

The company's financial performance reflects strong execution momentum and improved operational efficiencies.

Business Highlights and Management Commentary

The company noted that the Kuiper acquisition materially expanded its international platform. The Oilmax merger is expected to be completed by September or October 2026, subject to regulatory clearances. Advanced execution of the Vedanta integrated field development contract delivered significant cost savings.

Dr. Kapil Garg, Managing Director, highlighted that FY26 was a landmark year driven by the Kuiper acquisition and the initiation of the Oilmax merger. He stated that the company moves into FY27 with a healthy order book and strong balance sheet. The order book as of 31 March 2026 stood at approximately INR 1,750 crore on a standalone basis.

Mr. Sumit Maheshwari, Group CFO, mentioned that while standalone Q4FY26 revenue was impacted by supply chain disruptions and client-oriented delays, the company remains a net zero-debt company. He expressed confidence in growing the standalone India services business by 30-40% in FY27 with improved margins.

Regulatory Disclosures

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has informed that the audio recording of the Earnings Conference Call pertaining to Financial Results for Q4 & FY26, held on 20 May 2026, has been uploaded on its website. The recording is accessible under the Investors relations section.