Akash Infraprojects Ltd

Akash InfraProj. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Akash Infraprojects Ltd

₹ 25.7 -2.02%
13 Mar - close price
Company website NSE: AKASH
About

Incorporated in 1999, Akash Infra-Projects
Ltd is in the business of civil construction
and trading in Lubricants

Key Points

Business Overview:[1]
Company is a AA-class and SPL Category-1 (Road work) approved contractor in Govt of Gujarat. Built up of Roads, Construction of Building, Minor bridges, Culverts, Dams, Godowns etc. Company does civil constructions and undertakes various government contracts for construction, resurfacing, widening and repairs of roads and minor bridges mainly from State Government, Departments and Municipal and Local Bodies through tender bidding in Gujarat

Website NSE
  • Market Cap ₹ 43.4 Cr.
  • Current Price ₹ 25.7
  • High / Low ₹ 48.4 / 24.0
  • Stock P/E 24.9
  • Book Value ₹ 47.4
  • Dividend Yield 0.00 %
  • ROCE 3.11 %
  • ROE 0.42 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Stock is trading at 0.54 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -10.4% over past five years.
  • Company has a low return on equity of 1.72% over last 3 years.
  • Contingent liabilities of Rs.25.0 Cr.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.1.91 Cr.
  • Company has high debtors of 1,046 days.
  • Working capital days have increased from 801 days to 1,123 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Infrastructure Developers & Operators Industry: Construction

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
11.48 40.79 29.27 4.35 14.88 13.29 24.31 14.71 4.84 9.50 5.92 1.35 5.99
11.87 53.41 27.33 3.65 13.23 11.37 24.50 13.67 5.86 6.18 4.64 2.40 5.06
Operating Profit -0.39 -12.62 1.94 0.70 1.65 1.92 -0.19 1.04 -1.02 3.32 1.28 -1.05 0.93
OPM % -3.40% -30.94% 6.63% 16.09% 11.09% 14.45% -0.78% 7.07% -21.07% 34.95% 21.62% -77.78% 15.53%
0.11 16.43 0.09 0.68 0.09 0.14 0.10 0.75 0.12 1.45 0.13 0.18 0.15
Interest 0.80 0.87 0.80 0.94 1.03 1.67 0.92 1.02 0.85 1.19 0.80 0.81 0.77
Depreciation 0.31 0.32 0.25 0.25 0.27 0.26 0.20 0.21 0.21 0.21 0.15 0.14 0.14
Profit before tax -1.39 2.62 0.98 0.19 0.44 0.13 -1.21 0.56 -1.96 3.37 0.46 -1.82 0.17
Tax % 0.00% -9.54% 18.37% 0.00% 18.18% 76.92% 0.00% 3.57% 0.51% 11.28% 2.17% -0.55% 29.41%
-1.38 2.87 0.81 0.20 0.37 0.03 -1.22 0.53 -1.97 2.99 0.45 -1.82 0.12
EPS in Rs -0.82 1.70 0.48 0.12 0.22 0.02 -0.72 0.31 -1.17 1.77 0.27 -1.08 0.07
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
206.06 140.82 85.76 72.89 92.48 140.11 92.32 72.61 67.16 78.84 61.72 53.24 22.76
193.71 125.06 75.19 67.74 83.93 136.30 88.56 67.26 62.52 88.67 55.48 50.09 18.28
Operating Profit 12.35 15.76 10.57 5.15 8.55 3.81 3.76 5.35 4.64 -9.83 6.24 3.15 4.48
OPM % 5.99% 11.19% 12.33% 7.07% 9.25% 2.72% 4.07% 7.37% 6.91% -12.47% 10.11% 5.92% 19.68%
1.03 0.92 1.04 3.31 1.15 4.63 4.47 0.72 1.73 16.81 0.99 2.43 1.91
Interest 3.25 3.96 2.58 1.91 1.77 2.76 3.21 2.92 3.58 3.40 4.46 4.00 3.57
Depreciation 2.02 2.26 3.77 2.25 2.38 3.11 3.10 2.36 1.51 1.22 1.02 0.83 0.64
Profit before tax 8.11 10.46 5.26 4.30 5.55 2.57 1.92 0.79 1.28 2.36 1.75 0.75 2.18
Tax % 13.44% 6.88% 1.71% 16.74% 19.82% 24.12% 9.90% 17.72% 11.72% -0.85% 19.43% 54.67%
7.02 9.74 5.17 3.57 4.44 1.96 1.73 0.64 1.12 2.38 1.41 0.34 1.74
EPS in Rs 7.39 10.25 5.44 3.76 2.92 1.29 1.03 0.38 0.66 1.41 0.84 0.20 1.03
Dividend Payout % 6.75% 4.87% 9.17% 13.28% 17.09% 19.36% 48.73% 0.00% 15.05% 7.08% 0.00% 0.00%
Compounded Sales Growth
10 Years: -9%
5 Years: -10%
3 Years: -7%
TTM: -60%
Compounded Profit Growth
10 Years: -28%
5 Years: -28%
3 Years: -32%
TTM: 166%
Stock Price CAGR
10 Years: %
5 Years: -23%
3 Years: -37%
1 Year: -21%
Return on Equity
10 Years: 3%
5 Years: 1%
3 Years: 2%
Last Year: 0%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 4.74 4.74 4.74 4.74 7.59 7.59 16.86 16.86 16.86 16.86 16.86 16.86 16.86
Reserves 28.74 37.92 42.31 42.27 59.70 60.75 59.55 59.22 60.32 62.70 63.99 64.35 62.99
26.35 20.07 23.04 9.62 4.99 24.99 23.53 19.49 23.27 22.06 59.84 83.93 79.79
28.61 19.91 12.29 10.91 21.08 36.48 44.71 27.05 33.32 44.82 47.97 35.03 36.46
Total Liabilities 88.44 82.64 82.38 67.54 93.36 129.81 144.65 122.62 133.77 146.44 188.66 200.17 196.10
12.31 14.38 10.52 8.70 10.36 12.01 10.34 8.12 5.29 4.93 4.28 3.49 3.04
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.23 0.00 0.00 0.00 0.00
Investments 0.33 0.33 0.33 0.33 5.33 0.33 0.33 0.33 0.33 0.33 0.75 0.75 0.75
75.80 67.93 71.53 58.51 77.67 117.47 133.98 114.17 127.92 141.18 183.63 195.93 192.31
Total Assets 88.44 82.64 82.38 67.54 93.36 129.81 144.65 122.62 133.77 146.44 188.66 200.17 196.10

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1.02 13.33 -6.73 13.73 -0.94 -0.28 -1.20 2.04 -2.33 -1.29 -33.80 -21.14
-1.42 -7.25 2.55 2.51 -7.90 0.54 2.91 1.63 0.09 5.18 0.51 1.05
6.43 -8.23 -0.15 -15.71 15.84 -0.91 1.44 -6.85 2.14 -3.89 33.23 20.17
Net Cash Flow 6.03 -2.15 -4.33 0.53 7.00 -0.65 3.16 -3.17 -0.10 0.00 -0.06 0.08

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 80.52 97.59 177.27 163.50 121.44 182.51 316.21 265.82 356.09 495.83 728.99 1,046.39
Inventory Days 18.91 21.80 69.40 70.38 159.85 76.50 168.67 323.61 302.96 147.08 535.23 310.47
Days Payable 78.83 70.20 40.46 16.93 156.31 131.74 311.98 198.53 211.41 396.62 483.79 226.82
Cash Conversion Cycle 20.60 49.19 206.21 216.94 124.98 127.28 172.91 390.89 447.64 246.29 780.44 1,130.05
Working Capital Days 48.16 75.19 193.18 186.18 139.16 171.31 291.54 419.74 490.65 460.32 820.07 1,122.97
ROCE % 21.63% 23.52% 11.81% 6.42% 11.31% 6.39% 5.29% 3.81% 4.92% 5.68% 5.13% 3.11%

Shareholding Pattern

Numbers in percentages

Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
74.59% 74.59% 74.59% 74.59% 74.59% 74.59% 74.59% 74.59% 74.59% 74.59% 74.59% 74.59%
25.41% 25.41% 25.41% 25.41% 25.41% 25.41% 25.41% 25.41% 25.41% 25.41% 25.41% 25.41%
No. of Shareholders 5,9207,3937,7947,9828,3668,1808,2618,5259,5799,3689,93310,056

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