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Companies›Industrials›Construction›Construction
NSE:AKASH

AKASH INFRA-PROJECTS LTD

Construction › Construction
₹25.10
at close · 21 Sept 2026
▲ 0.81 (+3.33%)

Latest filings

  1. Newspaper publication of 27th AGM notice - September 30, 2026 · Compliance
  2. Akash Infra Projects 27th AGM notice, FY26 annual report attached · Board & Shareholder Meetings
  3. Akash Infra-Projects appoints two Independent Directors · Management Changes
  4. Akash Infra appoints two independent directors effective Jan 2027 · Management Changes
  5. Two Independent Directors appointed to Akash Infra board for five-year terms · Management Changes
  6. Newspaper publication of Q1 FY27 financial results · Compliance
  7. Akash Infra Q1 FY27: Revenue up 143% YoY, PAT jumps five-fold · Results
  8. SEBI order clears 4 directors, no penalty imposed · Regulatory & Legal
  9. Quarterly dematerialisation certificate filed with NSE for Q1 FY27 · Compliance
  10. Trading Window closed from July 1 ahead of Q1 results · Compliance
  11. Akash Infra Projects Limited has informed regarding Disclosure of material event under Regulation 30 of LODR · General
  12. Akash Infra Projects Limited has informed the Exchange about Newspaper Publication of Financial Results for quarter and year ended on 31st March, 2026 · Compliance
  13. Akash Infra Projects Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026. · Results
  14. Akash Infra Projects Limited has informed regarding Disclosure of material event under Regulation 30 of LODR · Regulatory & Legal
  15. Yoginkumar H. Patel has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. · Ownership Changes
  16. Akash Infra has informed about allotment of 40,00,000 Convertible Warrants on preferential basis as approved by its Board of Directors today at board meeting held on 07/04/2026 · Fund Raising
  17. Akash Infra Projects Limited has informed the Exchange regarding allotment of 40,00,000 Convertible Warrants pursuant to Preferential Issue at its Board meeting held on April 07, 2026 · Fund Raising
  18. Akash Infra Projects bags Rs 4.99 cr road widening work order · Business Updates
  19. Akash Infra Projects Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 · Compliance
  20. Akash Infra Projects Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 · Compliance
  21. Akash Infra Projects Limited has informed the Exchange about Clarification letter under Regulation 30 of SEBI (LODR) Regulations, 2015. · Fund Raising
  22. Akash Infra Projects Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on March 16, 2026. Further, the company has informed the Exchange regarding voting results. · Board & Shareholder Meetings
  23. Akash Infra Projects Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on March 16, 2026 · Board & Shareholder Meetings
  24. Akash Infra Projects Limited has informed the Exchange about General Updates · Compliance
  25. Akash Infra Projects Limited has informed the Exchange about Newspaper Advertisement published for Corrigendum to EGM notice · Compliance
  26. Akash Infra Projects Limited has informed the Exchange regarding Corrigendum to Notice of Extra Ordinary General Meeting to be held on March 16, 2026 · Board & Shareholder Meetings
  27. Akash Infra Projects Limited has informed the Exchange about General Updates · Regulatory & Legal
  28. Akash Infra Projects Limited has informed the Exchange regarding Corrigendum to Notice of Extra Ordinary General Meeting to be held on March 16, 2026 · Board & Shareholder Meetings
  29. Akash Infra Projects Limited has informed the Exchange about publication of advertisement issued for EGM to be convened on 16th March, 2026. · Compliance
  30. Akash Infra Projects Limited has informed the Exchange about Shareholders meeting · Board & Shareholder Meetings
  31. Akash Infra Projects Limited has informed the Exchange regarding Outcome of Board Meeting held on February 14, 2026. · Board & Shareholder Meetings
  32. Akash Infra Projects Limited has informed the Exchange about Newspaper publication of quarterly financial results of December 31, 2025. · Compliance
  33. Akash Infra Projects Limited has informed the Exchange regarding Outcome of Board Meeting held on February 16, 2026. · Board & Shareholder Meetings
  34. Board has approved issue of convertible warrants subject to approval of shareholders · Fund Raising
  35. Akash Infra Projects Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025. · Results
  36. Akash Infra Projects Limited has informed the Exchange about Receipt of Work Order · Business Updates
  37. Akash Infra Projects Limited has informed the Exchange about Receipt of Work Order · Business Updates
  38. Akash Infra Projects Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 · Compliance
  39. Akash Infra Projects Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 · Compliance
  40. Akash Infra Projects Limited has informed the Exchange about Receipt of Work Order · Business Updates
  41. Akash Infra Projects Limited has informed the Exchange about Receipt of Work Order · Business Updates
  42. Akash Infra Projects Limited has informed the Exchange about Receipt of Work Order · Business Updates
  43. Akash Infra Projects Limited has informed the Exchange about Newspaper Publication of Financial Results for quarter and half year ended on 30th September, 2025 · Compliance
  44. Akash Infra Projects Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025. · Results
  45. Akash Infra Projects Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 · Compliance
  46. Akash Infra Projects Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 30, 2025. Further, the company has informed the Exchange regarding voting results. · Board & Shareholder Meetings
  47. Akash Infra Projects Limited has informed the Exchange about Receipt of Work Order · Business Updates
  48. Akash Infra Projects Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 30, 2025 · Board & Shareholder Meetings
  49. Akash Infra Projects Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 · Compliance
  50. Akash Infra Projects Limited has informed the Exchange about Receipt of Work Order · Business Updates
All filings ↓
Ask Nexa about AKASH INFRA-PROJECTS LTD

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)
66.0×
EV / EBITDA
17.5×
Div Yield
—
Growth
4.0%▲
Revenue 5y CAGR
PAT -10.8% · EBITDA +3.2%
Quality
6.3%·
ROCE (5y median)
ROE 0.8% · margin 9.2%
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
1.34%·
Median daily move
Last 268 sessions · filing days run larger
Where it sits among 110 Civil Construction peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#101/108
P/B#9/87
ROCE#93/109
ROE#75/91
Debt / Equity#82/91
EBITDA margin#77/88
Revenue growth#6/86
Profit growth#35/84

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%
#93 of 109 in Civil Construction on the latest reported figures
Carries more debt than its peers — 1.06× equity
lower than 10% of its 91 Civil Construction peers
Over 5 years it reported ₹5 Cr of profit and ₹-49 Cr of operating cash — -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?

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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 ₹1 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. Debt stands at 1.06× equity, and it carries net debt of ₹89 Cr. That is lower than 10% of its 91 Civil Construction peers.

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

On trailing P/E, AKASH INFRA-PROJECTS LTD ranks 101 of 108 in Civil Construction — cheaper than 7% of them, against an industry median of 14.7×. 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 1.34% — that is the median absolute close-to-close move across its last 268 trading days. Announcement days are routinely larger.

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.