Akash Infra-Projects Limited engages in the civil construction business in India.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹233.45|
|52 Week High||₹146.00|
|52 Week Low||₹281.00|
|1 Month Change||26.84%|
|3 Month Change||9.27%|
|1 Year Change||-6.28%|
|3 Year Change||326.98%|
|5 Year Change||n/a|
|Change since IPO||465.77%|
Recent News & Updates
Capital Allocation Trends At Akash Infra-Projects (NSE:AKASH) Aren't Ideal
If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Here's Why Akash Infra-Projects (NSE:AKASH) Can Manage Its Debt Responsibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
These 4 Measures Indicate That Akash Infra-Projects (NSE:AKASH) Is Using Debt Extensively
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
|AKASH||IN Construction||IN Market|
Return vs Industry: AKASH underperformed the Indian Construction industry which returned 88.6% over the past year.
Return vs Market: AKASH underperformed the Indian Market which returned 63.7% over the past year.
Stable Share Price: AKASH is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: AKASH's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
Akash Infra-Projects Limited engages in the civil construction business in India. It undertakes various government contracts for the construction, resurfacing, widening, and repair of roads and bridges. The company is also involved in the construction of buildings, culverts, dams, godowns, etc.; and mining business.
Akash Infra-Projects Fundamentals Summary
|AKASH fundamental statistics|
Is AKASH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AKASH income statement (TTM)|
|Cost of Revenue||₹443.38m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.01|
|Net Profit Margin||2.60%|
How did AKASH perform over the long term?See historical performance and comparison
0.04%Current Dividend Yield
Is Akash Infra-Projects undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AKASH (₹233.45) is trading above our estimate of fair value (₹0.76)
Significantly Below Fair Value: AKASH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AKASH is poor value based on its PE Ratio (230.7x) compared to the Indian Construction industry average (19.4x).
PE vs Market: AKASH is poor value based on its PE Ratio (230.7x) compared to the Indian market (21.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AKASH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AKASH is overvalued based on its PB Ratio (4.9x) compared to the IN Construction industry average (1.1x).
How is Akash Infra-Projects forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Akash Infra-Projects has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Akash Infra-Projects performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AKASH has a large one-off loss of ₹6.6M impacting its September 30 2021 financial results.
Growing Profit Margin: AKASH became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: AKASH's earnings have declined by 34.1% per year over the past 5 years.
Accelerating Growth: AKASH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AKASH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (11.2%).
Return on Equity
High ROE: AKASH's Return on Equity (2.1%) is considered low.
How is Akash Infra-Projects's financial position?
Financial Position Analysis
Short Term Liabilities: AKASH's short term assets (₹1.3B) exceed its short term liabilities (₹419.5M).
Long Term Liabilities: AKASH's short term assets (₹1.3B) exceed its long term liabilities (₹166.3M).
Debt to Equity History and Analysis
Debt Level: AKASH's debt to equity ratio (30.7%) is considered satisfactory.
Reducing Debt: AKASH's debt to equity ratio has increased from 14% to 30.7% over the past 5 years.
Debt Coverage: AKASH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AKASH's interest payments on its debt are not well covered by EBIT (2.7x coverage).
What is Akash Infra-Projects's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AKASH's dividend (0.042%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: AKASH's dividend (0.042%) is low compared to the top 25% of dividend payers in the Indian market (1.38%).
Stability and Growth of Payments
Stable Dividend: AKASH is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: AKASH is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: AKASH is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AKASH's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ambusinh Gol (55 yo)
Mr. Ambusinh Punjaji Gol has been Managing Director of Akash Infra-Projects Limited since January 18, 2017 and also has been its Executive Non-Independent Director since August 15, 2001. Mr. Gol is Chairma...
CEO Compensation Analysis
Compensation vs Market: Ambusinh's total compensation ($USD46.10K) is about average for companies of similar size in the Indian market ($USD38.82K).
Compensation vs Earnings: Ambusinh's compensation has been consistent with company performance over the past year.
Experienced Management: AKASH's management team is considered experienced (4.8 years average tenure).
Experienced Board: AKASH's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Akash Infra-Projects Limited's employee growth, exchange listings and data sources
- Name: Akash Infra-Projects Limited
- Ticker: AKASH
- Exchange: NSEI
- Founded: 1997
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: ₹3.937b
- Shares outstanding: 16.86m
- Website: https://www.akashinfra.com
Number of Employees
- Akash Infra-Projects Limited
- Abhishek Complex
- 2, Ground Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:19|
|End of Day Share Price||2021/10/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.