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Alphageo (India) Ltd

ALPHAGEO
NSE
220.28
1.95%
Last Updated:
29 Apr '26, 4:00 PM
Company Overview
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Alphageo (India) Ltd

ALPHAGEO
NSE
220.28
1.95%
29 Apr '26, 4:00 PM
Company Overview
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6M
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Quick Ratios

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Mkt Cap
Market Capitalization
140Cr
Close
Close Price
220.28
Industry
Industry
Miscellaneous
PE
Price To Earnings
PS
Price To Sales
1.05
Revenue
Revenue
133Cr
Rev Gr TTM
Revenue Growth TTM
24.71%
PAT Gr TTM
PAT Growth TTM
-906.11%
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ALPHAGEO
VS

Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue
RevenueCr
145239522519117141517
Growth YoY
Revenue Growth YoY%
-75.5-88.889.7747.5267.5390.5682.0-71.636.061.7-72.250.9
Expenses
ExpensesCr
138636372217187138923
Operating Profit
Operating ProfitCr
1-3-441532-7-12-4-6
OPM
OPM%
7.6-63.7-165.79.128.411.48.1-62.7-0.85.8-78.5-33.7
Other Income
Other IncomeCr
1334-44411312
Interest Expense
Interest ExpenseCr
000000000000
Depreciation
DepreciationCr
434333334444
PBT
PBTCr
-1-3-45742-10-41-8-8
Tax
TaxCr
0000300-200-2-2
PAT
PATCr
-1-3-45442-8-41-6-6
Growth YoY
PAT Growth YoY%
-115.2-147.6-12.7-58.8495.1224.1138.5-274.6-187.0-81.6-443.725.0
NPM
NPM%
-7.3-62.9-181.611.67.815.98.9-71.3-5.01.8-110.4-35.5
EPS
EPS
-1.6-5.1-6.86.26.25.92.8-12.3-5.91.3-9.0-9.3

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue
RevenueCr
73903064294052681431556699126133
Growth
Revenue Growth%
-22.923.3241.540.4-5.7-34.0-46.58.2-57.449.627.46.2
Expenses
ExpensesCr
47622043073032481281225988129141
Operating Profit
Operating ProfitCr
2628102123102191633711-3-8
OPM
OPM%
35.731.033.228.625.37.210.921.410.311.2-2.5-5.9
Other Income
Other IncomeCr
112254235247107
Interest Expense
Interest ExpenseCr
114633210000
Depreciation
DepreciationCr
111224343228272013141417
PBT
PBTCr
1516768572-8918185-8-18
Tax
TaxCr
1425312713554-2-4
PAT
PATCr
1412515445-9612131-6-15
Growth
PAT Growth%
-45.3-19.7334.47.8-16.6-119.3173.589.26.6-92.0-656.3-149.4
NPM
NPM%
19.913.016.512.711.2-3.34.57.919.71.1-4.6-10.9
EPS
EPS
25.720.687.386.071.3-13.810.119.220.40.6-9.6-22.9

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
Equity CapitalCr
666666666666
Reserves
ReservesCr
7891168227269251257265277272262253
Current Liabilities
Current LiabilitiesCr
7481621391236945376144229
Non Current Liabilities
Non Current LiabilitiesCr
0315111111111
Total Liabilities
Total LiabilitiesCr
92156350374400327309310291295312290
Current Assets
Current AssetsCr
2666203250296225211227211222203186
Non Current Assets
Non Current AssetsCr
659014712410310298838073109105
Total Assets
Total AssetsCr
92156350374400327309310291295312290

Cash Flow

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow
Operating Cash FlowCr
2715195910933079131-10
Investing Cash Flow
Investing Cash FlowCr
-22-25-61-600-23-16-24-681021
Financing Cash Flow
Financing Cash FlowCr
-510611-28-16-28-6-6-5-5
Net Cash Flow
Net Cash FlowCr
0018082-36-1450-6166
Free Cash Flow
Free Cash FlowCr
9-5-397101-2267417-15-38
CFO To PAT
CFO To PAT%
187.9128.937.0108.3240.1-39.4468.1651.697.3102.7164.1
CFO To EBITDA
CFO To EBITDA%
105.054.018.448.0106.518.0193.9239.2186.99.7305.5

Ratios

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
21829154747730679113197128208139
Price To Earnings
Price To Earnings
15.325.610.88.86.80.017.516.29.8553.60.0
Price To Sales
Price To Sales
3.03.31.81.10.80.30.81.31.92.11.1
Price To Book
Price To Book
2.63.03.22.01.10.30.40.70.50.80.5
EV To EBITDA
EV To EBITDA
8.310.15.54.02.10.93.12.53.37.3-12.2
Profitability Ratios
Profitability Ratios
GPM
GPM%
99.9100.0100.0100.0100.0100.0100.0100.0100.0100.0100.0
OPM
OPM%
35.731.033.228.625.37.210.921.410.311.2-2.5
NPM
NPM%
19.913.016.512.711.2-3.34.57.919.71.1-4.6
ROCE
ROCE%
18.916.636.132.524.9-1.84.16.96.51.7-2.9
ROE
ROE%
17.312.129.123.416.5-3.42.54.54.60.4-2.2
ROA
ROA%
15.87.414.414.611.4-2.72.13.94.50.3-1.9
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Overview** Alphageo (India) Limited is the **leading private-sector onshore integrated seismic services provider in India**, with over **three decades of operational experience** and a proven track record of executing **more than 100 projects** across geologically complex terrains in India and internationally. Headquartered in Hyderabad, Telangana, the company is listed on both the **BSE and the National Stock Exchange (NSE)**, underscoring its transparency and credibility in the capital markets. Alphageo delivers **end-to-end geophysical solutions**, including **2D, 3D, and 3C seismic data acquisition, processing, interpretation, airborne surveys, gravity, and magnetic mapping**, serving key sectors such as **oil & gas, mineral exploration**, and **government geological agencies**. --- ### **Core Business & Services** The company provides a **fully integrated suite of geophysical services**, reducing dependence on any single revenue stream and enhancing resilience: - **Seismic Data Acquisition**: 2D, 3D, and 3C surveys across onshore terrains. - **Data Processing & Interpretation**: Advanced analytics for subsurface imaging. - **Airborne Geophysical Surveys**: Gravity, magnetic, and resistivity mapping for mineral exploration. - **Geophysical Mapping**: Ground-based and aerial surveys for resource identification. Its **technical specialization** and **operational agility** enable it to operate effectively in **challenging and remote terrains**, including ecologically sensitive, politically volatile, and climatically harsh environments. --- ### **Market Position & Competitive Edge** As of 2025, Alphageo reinforces its position as **India’s largest private-sector onshore seismic services provider**, distinguished by: - **Extensive experience in 17+ Indian sedimentary basins** and multi-state operations. - **Global leadership as one of the lowest-cost seismic service providers**, enhancing competitiveness. - Demonstrated success in delivering **complex projects on time**, even under adverse conditions (e.g., pandemic disruptions, difficult terrains). - Deep expertise in **sub-surface exploration** for hydrocarbons and minerals. The company differentiates itself through **technical excellence, cost efficiency, and operational reliability**, allowing it to maintain strong client trust despite increasing competition from MSMEs entering the sector due to liberalized government policies. --- ### **Client Base & Geographic Reach** Alphageo serves **premier public and private sector clients**, including: - **ONGC** - **Oil India Limited** - **GAIL** - **Geological Survey of India (GSI)** - **Mineral Exploration Corporation Limited (MECL)** - **Petronas Carigali Myanmar Inc.** The company operates across **20 Indian states** and has an international presence, supported by its **100%-owned Dubai-based subsidiary, Alphageo International Limited**, registered in Jebel Ali Free Zone. Despite a broad operational footprint, **100% of external revenue is currently generated from Indian clients**, with non-current assets spread across India (₹6,001.74 lakhs as of FY23) and overseas (₹1,163.25 lakhs). --- ### **Recent Performance & Project Highlights (FY2023–2025)** - **FY2024–25**: Delivered **four mineral survey projects**, operating in four Indian states and covering over **57,000 sq. km** cumulatively across its project portfolio. - Notable execution of 2D/3D seismic surveys in **Vindhyan, Mahanadi, A&AA, Kutch-Rajasthan**, and **Himalayan Foreland basins** for ONGC and Oil India. - In FY22, acquired **1,194 LKM and 4,561 LKM of 2D seismic data** and **70 sq. km of 3D data**, affirming technical capability in remote and high-difficulty zones. - Despite revenue volatility in previous years (e.g., 33.96% drop in FY20 due to contract closures), the company maintained profitability via **robust cost management and operational discipline**. --- ### **Leadership & Innovation** - **Mr. Sashank Alla**, with a background in Electrical & Computer Engineering and Business Management from Carnegie Mellon University, has driven digital planning and process innovation since joining in 2017, particularly supporting entry into mineral exploration. - Emphasis on **rapid deployment, full-field infrastructure readiness**, and **accurate sub-surface interpretation** continues to strengthen client confidence. ---