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NSE:AKASH

AKASH INFRA-PROJECTS LTD

Construction › Construction
₹24.91
at close · 6 Nov 2026
▲ 0.22 (+0.89%)

Latest filings

Next results: Fri, 6 Nov · Financial Results
  1. Consolidated Sep 2026 quarter: revenue rose 86% and profit after tax fell 76%, both year on year · Results
  2. RTA confirms no share certificates dematerialised in Q2 FY26 · Compliance
  3. All 8 AGM resolutions passed with over 99 percent approval · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates two distinct businesses. The larger is Construction, contributing 63.8% of segment revenue at Rs 52.82 crore in FY26, with EBIT of Rs 5.71 crore. Filings show it takes government civil works contracts, including a Rs 4.99 crore order from the Panchayat R&B Department, District Panchayat Mehsana, Gujarat, for widening of Ankhol Vamaj Road under the MMGSY scheme, and has been involved in a long-running arbitration dispute with Ahmedabad Municipal Corporation. The second business is Fuel and Grocery, which made up 36.1% of segment revenue at Rs 29.91 crore and Rs 1.74 crore in EBIT. A residual Others segment added Rs 0.07 crore in revenue. Consolidated FY26 revenue stood at Rs 81.76 crore, with net profit of Rs 0.65 crore and an EBITDA margin of 9.17%. Materials are the dominant cost at 70.5% of revenue, followed by other operating expenses at 14.0% and employee costs at 6.7%. A material portion of working capital is locked in long-pending receivables — auditors flagged Rs 143.99 crore of trade receivables over 180 days old, largely tied up in legal disputes.

Revenue mix · reported segments
Construction63.8%
Fuel and Grocery36.1%
Others0.1%
Operating scale
FY26 consolidated revenue
Rs 81.76 croreFY26
Construction segment revenue
Rs 52.82 croreFY26 YTD
Fuel and Grocery segment revenue
Rs 29.91 croreFY26 YTD
Government road work order received
Rs 4.99 croreApril 2026
Trade receivables over 180 days old
Rs 143.99 croreFY26
Materials as % of revenue
70.5%FY26
Who pays it
Government departments and municipal bodies for construction; retail consumers for fuel and grocery.
Biggest cost
Materials at 70.5% of FY26 revenue.
Kind of business
Small-cap, two-track business mixing government civil construction with retail fuel and grocery.
Where it sits
Classified under Industrials / Construction / Civil Construction, with a parallel retail fuel-and-grocery operation.
Market Cap
₹42 Cr
P / E (TTM)
66.2×
EV / EBITDA
19.1×
Div Yield
—
Growth
4.0%▲
Revenue 5y CAGR
PAT -10.8% · EBITDA +8.9%
Quality
6.3%·
ROCE (FY26)
ROE 0.8% · margin 8.3%
Leverage
1.06·
Debt / Equity · moderate
Net debt ₹89 Cr
Revenue FY21→FY26
1.2×▲
Margin −0.9 pts
₹67 Cr → ₹82 Cr
Cash conversion
-9.03×▼
Operating cash ÷ profit · 5 yrs
₹-49 Cr on ₹5 Cr
Moves on a normal day
1.31%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 110 Civil Construction peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#94/102
P/B#11/85
ROCE#80/98
ROE#66/84
Debt / Equity#77/87
EBITDA margin#90/105
Revenue growth#10/86
Profit growth#44/83

Scorecard

Measured from the filed financials, judged against its Civil Construction peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Slow revenue growth — 4% a year over 5 years
Profit shrinking over 5 years (−11% a year)
Erratic profits — up in only 2 of the last 5 years
Returns on capital 6.3%
#80 of 98 in Civil Construction on the latest reported figures
Carries more debt than its peers — 1.06× equity
higher than 88% of its 87 Civil Construction peers
Over 5 years it reported ₹5.47 Cr of profit and an operating cash outflow of ₹49 Cr — -9.03×
Less than 60p of every ₹1 of profit arrived as cash
Heavy working capital — 769 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

AKASH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from AKASH INFRA-PROJECTS LTD's filed financials and exchange disclosures

What does AKASH INFRA-PROJECTS LTD do?

AKASH INFRA-PROJECTS LTD is a Construction company listed on NSE, trading under the symbol AKASH.

Is AKASH INFRA-PROJECTS LTD profitable?

Yes. Over the trailing twelve months AKASH INFRA-PROJECTS LTD reported a net profit of ₹0.67 Cr on revenue of ₹100 Cr.

Does AKASH INFRA-PROJECTS LTD pay a dividend?

Not in the latest reported year — AKASH INFRA-PROJECTS LTD's dividend payout for FY26 was nil.

Is AKASH INFRA-PROJECTS LTD debt-free?

No. It reported borrowings of ₹90 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹89 Cr after cash. Debt stands at 1.06× equity. That is higher than 88% of its 87 Civil Construction peers.

Is AKASH INFRA-PROJECTS LTD expensive compared with its peers?

On trailing P/E, AKASH INFRA-PROJECTS LTD ranks 94 of 102 in Civil Construction — cheaper than 8% of them, against an industry median of 13.5×. This is a position, not a valuation judgement.

How much does the AKASH INFRA-PROJECTS LTD share price move in a day?

On a typical session AKASH INFRA-PROJECTS LTD moves 1.31% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

When are AKASH INFRA-PROJECTS LTD's next results?

Financial Results on Fri, 6 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track AKASH INFRA-PROJECTS LTD's announcements?

Every NSE and BSE filing by AKASH INFRA-PROJECTS LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.