Akash Infraprojects Ltd
Incorporated in 1999, Akash Infra-Projects
Ltd is in the business of civil construction
and trading in Lubricants
- Market Cap ₹ 56.2 Cr.
- Current Price ₹ 33.3
- High / Low ₹ 50.6 / 28.7
- Stock P/E
- Book Value ₹ 48.8
- Dividend Yield 0.00 %
- ROCE 2.98 %
- ROE 0.27 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.68 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 -8.44% over past five years.
- Company has a low return on equity of 1.58% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.2.04 Cr.
- Company has high debtors of 938 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
210.26 | 152.25 | 102.30 | 87.55 | 112.11 | 159.83 | 92.31 | 72.60 | 67.15 | 78.83 | 61.72 | 59.39 | 44.40 | |
198.18 | 136.36 | 91.57 | 82.07 | 103.39 | 155.83 | 88.58 | 67.28 | 62.54 | 88.69 | 55.53 | 56.14 | 41.30 | |
Operating Profit | 12.08 | 15.89 | 10.73 | 5.48 | 8.72 | 4.00 | 3.73 | 5.32 | 4.61 | -9.86 | 6.19 | 3.25 | 3.10 |
OPM % | 5.75% | 10.44% | 10.49% | 6.26% | 7.78% | 2.50% | 4.04% | 7.33% | 6.87% | -12.51% | 10.03% | 5.47% | 6.98% |
1.43 | 0.97 | 1.13 | 3.26 | 1.21 | 4.73 | 4.52 | 0.77 | 1.79 | 16.87 | 1.06 | 2.50 | 2.04 | |
Interest | 3.28 | 4.01 | 2.63 | 1.98 | 1.81 | 2.84 | 3.21 | 2.92 | 3.58 | 3.40 | 4.46 | 4.15 | 4.18 |
Depreciation | 2.13 | 2.32 | 3.82 | 2.31 | 2.48 | 3.19 | 3.14 | 2.40 | 1.55 | 1.26 | 1.06 | 1.00 | 1.16 |
Profit before tax | 8.10 | 10.53 | 5.41 | 4.45 | 5.64 | 2.70 | 1.90 | 0.77 | 1.27 | 2.35 | 1.73 | 0.60 | -0.20 |
Tax % | 7.53% | 7.12% | -0.37% | 17.30% | 20.04% | 24.44% | 10.00% | 18.18% | 12.60% | -0.85% | 19.65% | 68.33% | |
7.49 | 9.77 | 5.43 | 3.68 | 4.51 | 2.03 | 1.72 | 0.62 | 1.15 | 2.32 | 1.38 | 0.23 | -0.55 | |
EPS in Rs | 7.88 | 10.28 | 5.72 | 3.87 | 2.97 | 1.34 | 1.02 | 0.37 | 0.68 | 1.38 | 0.82 | 0.14 | -0.33 |
Dividend Payout % | 6.19% | 4.75% | 8.55% | 12.88% | 16.83% | 18.69% | 0.00% | 0.00% | 14.66% | 7.27% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -9% |
5 Years: | -8% |
3 Years: | -4% |
TTM: | -34% |
Compounded Profit Growth | |
---|---|
10 Years: | -31% |
5 Years: | -33% |
3 Years: | -41% |
TTM: | -12% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -12% |
3 Years: | -43% |
1 Year: | -7% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 1% |
3 Years: | 2% |
Last Year: | 0% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 4.64 | 4.64 | 4.64 | 4.74 | 7.59 | 7.59 | 16.86 | 16.86 | 16.86 | 16.86 | 16.86 | 16.86 | 16.86 |
Reserves | 29.20 | 38.41 | 42.96 | 42.86 | 60.35 | 61.39 | 62.26 | 61.92 | 63.06 | 65.39 | 66.66 | 66.93 | 65.39 |
27.60 | 24.34 | 26.59 | 10.66 | 5.87 | 26.15 | 24.28 | 20.26 | 23.91 | 22.71 | 60.56 | 90.79 | 86.45 | |
30.42 | 21.79 | 13.97 | 11.86 | 22.28 | 37.94 | 45.11 | 27.48 | 33.70 | 44.89 | 48.06 | 35.11 | 36.69 | |
Total Liabilities | 91.86 | 89.18 | 88.16 | 70.12 | 96.09 | 133.07 | 148.51 | 126.52 | 137.53 | 149.85 | 192.14 | 209.69 | 205.39 |
13.83 | 16.09 | 12.21 | 10.44 | 12.04 | 13.56 | 11.21 | 8.97 | 6.12 | 5.74 | 5.15 | 8.93 | 8.22 | |
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 | 0.25 | 0.25 | 0.25 | 0.40 | 5.40 | 0.40 | 3.33 | 3.32 | 3.36 | 3.29 | 3.28 | 3.33 | 3.34 |
77.78 | 72.84 | 75.70 | 59.28 | 78.65 | 119.11 | 133.97 | 114.23 | 127.82 | 140.82 | 183.71 | 197.43 | 193.83 | |
Total Assets | 91.86 | 89.18 | 88.16 | 70.12 | 96.09 | 133.07 | 148.51 | 126.52 | 137.53 | 149.85 | 192.14 | 209.69 | 205.39 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.49 | 13.45 | -5.81 | 14.09 | 10.49 | -25.20 | -1.24 | 2.02 | -2.37 | -1.26 | -33.48 | -22.68 | |
-0.06 | -6.36 | 2.12 | 2.91 | -13.71 | 5.75 | 2.96 | 1.69 | 0.14 | 5.18 | 0.51 | -1.03 | |
5.54 | -5.24 | -0.90 | -16.28 | 10.47 | 18.63 | 1.44 | -6.85 | 2.03 | -3.89 | 33.37 | 23.51 | |
Net Cash Flow | 5.97 | 1.85 | -4.58 | 0.72 | 7.26 | -0.83 | 3.17 | -3.14 | -0.21 | 0.03 | 0.40 | -0.20 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 78.92 | 91.24 | 149.57 | 136.87 | 101.06 | 161.55 | 316.25 | 265.86 | 356.14 | 495.90 | 729.17 | 938.47 |
Inventory Days | 18.41 | 18.62 | 48.50 | 50.87 | 87.69 | 61.43 | 168.67 | 323.61 | 302.96 | 147.08 | 535.23 | 282.84 |
Days Payable | 74.81 | 55.11 | 27.82 | 11.96 | 84.48 | 104.37 | 311.98 | 198.53 | 211.41 | 396.62 | 483.92 | 200.05 |
Cash Conversion Cycle | 22.51 | 54.75 | 170.24 | 175.78 | 104.27 | 118.61 | 172.94 | 390.93 | 447.69 | 246.35 | 780.48 | 1,021.26 |
Working Capital Days | 48.36 | 71.06 | 163.05 | 155.42 | 112.32 | 151.64 | 291.65 | 419.95 | 490.83 | 461.91 | 820.24 | 1,017.19 |
ROCE % | 20.15% | 22.05% | 11.12% | 6.49% | 11.09% | 6.44% | 5.10% | 3.65% | 4.74% | 5.49% | 4.97% | 2.98% |
Documents
Announcements
-
General Updates
27 November 2024 - Akash Infra Projects Limited has informed about Receipt of Work Order
-
Financial Result Updates
14 November 2024 - Akash Infra Projects Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
-
Board Meeting Intimation
11 November 2024 - AKASH INFRA PROJECTS LIMITED has informed about Board Meeting to be held on 14-Nov-2024 to inter-alia consider and approve the Unaudited Financial results of the …
-
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
25 October 2024 - Akash Infra Projects Limited has informed about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
-
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
24 October 2024 - Akash Infra Projects Limited has informed about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
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