Asian Energy Services Limited

rs,

Date: 14th November, 2025 To, The Listing Department, BSE Limited, Floor 25, P. J. Towers, Dalal Street, Mumbai 400 001 To, The Listing Department, National Stock Exchange of India Limite

Rs 459 crore

ith our strategy of diversification and international expansion. During the quarter, we secured a ~Rs 459 crore contract including taxes from Mahanadi Coalfields Limited in Odisha for a Coal Handling Plant, the

Rs 865 crore

, the largest CHP order ever received by AESL. We also secured an integrated services contract of ~Rs 865 crore including taxes from Vedanta Limited during Q1FY26. Together, these two wins form one of the stron

Rs 2,000 crore

one of the strongest H1FY26 order inflows in AESL’s history, taking our total order book to over ~ Rs 2,000 crore excluding taxes and providing strong visibility for future revenues. Our endeavor is to continuousl

Rs 102 crore

resulting into a challenging operating environment. Consolidated revenues for the quarter stood at Rs 102 crore, with EBITDA at Rs 9.1 crore, including the contribution from Kuiper’s operations. With operations

Rs 9.1 crore

operating environment. Consolidated revenues for the quarter stood at Rs 102 crore, with EBITDA at Rs 9.1 crore, including the contribution from Kuiper’s operations. With operations expected to normalize as gro

Rs 2,005 crore

elds in Odisha and will be executed over a span of seven years The total order book stands at ~ Rs 2,005 crore* (as on 14th November 2025), led by O&M at 62.4%, Infrastructure/CHP at 33.2%, and Seismic at 4.4

62.4%

years The total order book stands at ~ Rs 2,005 crore* (as on 14th November 2025), led by O&M at 62.4%, Infrastructure/CHP at 33.2%, and Seismic at 4.4% The company has filed a Merger by Absorption o

33.2%

stands at ~ Rs 2,005 crore* (as on 14th November 2025), led by O&M at 62.4%, Infrastructure/CHP at 33.2%, and Seismic at 4.4% The company has filed a Merger by Absorption of Oilmax Energy Pvt. Ltd. int

4.4%

ore* (as on 14th November 2025), led by O&M at 62.4%, Infrastructure/CHP at 33.2%, and Seismic at 4.4% The company has filed a Merger by Absorption of Oilmax Energy Pvt. Ltd. into AESL to create a unif

Rs 41 crore

26 Q2FY25 Q2FY26 H1FY25 H1FY26 28.0 26.9 19.2 Oil & Gas segment : o Q2FY26 revenue includes ~ Rs 41 crores contributed by Kuiper Group o Q2FY26 operating profit includes ~ Rs 3 crores contributed by Kui

Rs 3 crore

evenue includes ~ Rs 41 crores contributed by Kuiper Group o Q2FY26 operating profit includes ~ Rs 3 crores contributed by Kuiper Group Mineral and Other Energy Services: o Performance for the quarter w

“Expected production in FY26 South Rewa 6 CBM Chhattisgarh ON 100% Under development 15 - 4 27 78 500 1400 150 1600 3000 1400 800 6200 FY 26-27 FY 28-29 FY 29-30 FY 29-30 - 13000 FY 39-40 Quartzite Mine Uttarkashi (Uttarakhand) 100% Mineral Assets Under development 18 *Direct & Indirect For further information, please contact”

Mineral and Other Energy Services

1

Swap Ratio

1

Company

1

Contact Details

1

Investor Relation Advisors

1

Mineral and Other Energy Services

o Performance for the quarter was impacted on account of prolonged unseasonal rains 9.2 9.0 3.5 8.5 3.8 ) L S E A ( I D T L S E C V R E S Y G R E N E N A S A I I N O T A T N E S E R P R O T S E V N I 7 *Q2 FY25 is not directly comparable because Kuiper’s acquisition was integrated from 1st September 2025 Q2FY25 Q2FY26 H1FY25 H1FY26 Q2FY25 Q2FY26 H1FY25 H1FY26 ) L S E A ( I D T L S E C V R E S Y G R E N E N A S A I I N O T A T N E S E R P R O T S E V N I Consolidated Profit and Loss Statement# Particulars (Rs. Crores) Q2FY26 Q2FY25 Y-o-Y Q1FY26 Q-o-Q H1FY26 H1FY25 Y-o-Y Revenue from Operations Project Related Expenses Changes in inventories Employee Expenses Other Expenses Share of Profit/Loss from JV EBITDA* 102.0 81.2 0.0 7.0 5.6 0.9 9.1 97.7 74.7 -0.1 3.1 4.7 1.5 4% 115.4 -12% 92.7 0.1 6.8 4.3 0.6 16.8 -46% 12.1 -25% EBITDA Margin (%) 8.9% 17.2% 10.5% Other Income Depreciation Finance Cost Adjusted Profit Before Tax Exceptional Item Profit before Tax PBT Margin (%) Tax Profit After T

Swap Ratio

For every 10 shares of Oilmax Energy, 117 shares of Asian Energy ) L S E A ( I D T L S E C V R E S Y G R E N E N A S A I I N O T A T N E S E R P R O T S E V N I 17 The prospects of the combined entity’s capabilities allows to undertake large business opportunities ) L S E A ( I D T L S E C V R E S Y G R E N E N A S A I I N O T A T N E S E R P R O T S E V N I Oilmax Asset Overview Asset Participating Interest Overview Current Status Peak Production Gas (MMSCFD) Oil (BOPD) Oil & Gas Assets Peak Production (BOE) Financial Snapshot Timeline for Peak Production Amguri Assam ON Indrora Gujarat ON Tiphuk Assam ON Duarmara Assam ON 50% Producing 60%* Producing 80% 50% Discovered. Expected production in FY26 Discovered. Expected production in FY26 South Rewa 6 CBM Chhattisgarh ON 100% Under development 15 - 4 27 78 500 1400 150 1600 3000 1400 800 6200 FY 26-27 FY 28-29 FY 29-30 FY 29-30 - 13000 FY 39-40 Quartzite Mine Uttarkashi (Uttarakhand) 100% Mineral Assets Under development 18 *Direct & I

Investor Relation Advisors

Strategic Growth Advisors Pvt. Ltd. CIN - U74140MH2010PTC204285 Ms. Brinkle Shah Jariwala / Mr. Devraj Ghatge brinkle.shah@sgapl.net / devraj.ghatge@sgapl.net +91-9619385544 / +91- 9168723907 www.sgapl.net 19