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Akash Infra-Projects

NSEI:AKASH
Snowflake Description

Flawless balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AKASH
NSEI
₹869M
Market Cap
  1. Home
  2. IN
  3. Capital Goods
Company description

Akash Infra-Projects Limited engages in the civil construction business in India. The last earnings update was 196 days ago. More info.


Add to Portfolio Compare Print
  • Akash Infra-Projects has significant price volatility in the past 3 months.
AKASH Share Price and Events
7 Day Returns
0%
NSEI:AKASH
-0.4%
IN Construction
-0.1%
IN Market
1 Year Returns
63%
NSEI:AKASH
-12.2%
IN Construction
-3.7%
IN Market
AKASH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Akash Infra-Projects (AKASH) 0% 9% 50.7% 63% - -
IN Construction -0.4% -4.1% 9.7% -12.2% 37.8% 26.1%
IN Market -0.1% -5% 5.7% -3.7% 34.5% 38.6%
1 Year Return vs Industry and Market
  • AKASH outperformed the Construction industry which returned -12.2% over the past year.
  • AKASH outperformed the Market in India which returned -3.7% over the past year.
Price Volatility
AKASH
Industry
5yr Volatility vs Market
Related Companies

AKASH Value

 Is Akash Infra-Projects undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Akash Infra-Projects to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Akash Infra-Projects.

NSEI:AKASH Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2018-09-30) in INR ₹ .250000
Payout Ratio Company Filings (2018-09-30) 1288.6%
Discount Rate (Cost of Equity) See below 18.5%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:AKASH
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Construction Unlevered Beta Simply Wall St/ S&P Global 0.98
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.983 (1 + (1- 35%) (32.47%))
1.279
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.28
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.279 * 8.6%)
18.55%

Discounted Cash Flow Calculation for NSEI:AKASH using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Akash Infra-Projects is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

NSEI:AKASH Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= ₹0.25 / (18.55% - 7.55%)
₹2.09
NSEI:AKASH Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹2.09
Current discount Discount to share price of ₹57.25
= -1 x (₹57.25 - ₹2.09) / ₹2.09
-2643.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Akash Infra-Projects is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Akash Infra-Projects's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Akash Infra-Projects's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:AKASH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in INR ₹1.21
NSEI:AKASH Share Price ** NSEI (2019-05-07) in INR ₹57.25
India Construction Industry PE Ratio Median Figure of 90 Publicly-Listed Construction Companies 13.97x
India Market PE Ratio Median Figure of 2,759 Publicly-Listed Companies 15.1x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Akash Infra-Projects.

NSEI:AKASH PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NSEI:AKASH Share Price ÷ EPS (both in INR)

= 57.25 ÷ 1.21

47.28x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Akash Infra-Projects is overvalued based on earnings compared to the IN Construction industry average.
  • Akash Infra-Projects is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Akash Infra-Projects's expected growth come at a high price?
Raw Data
NSEI:AKASH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 47.28x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
26.6%per year
India Construction Industry PEG Ratio Median Figure of 27 Publicly-Listed Construction Companies 0.85x
India Market PEG Ratio Median Figure of 558 Publicly-Listed Companies 1.25x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Akash Infra-Projects, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Akash Infra-Projects's assets?
Raw Data
NSEI:AKASH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in INR ₹45.30
NSEI:AKASH Share Price * NSEI (2019-05-07) in INR ₹57.25
India Construction Industry PB Ratio Median Figure of 121 Publicly-Listed Construction Companies 0.94x
India Market PB Ratio Median Figure of 3,638 Publicly-Listed Companies 1.02x
NSEI:AKASH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEI:AKASH Share Price ÷ Book Value per Share (both in INR)

= 57.25 ÷ 45.30

1.26x

* Primary Listing of Akash Infra-Projects.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Akash Infra-Projects is overvalued based on assets compared to the IN Construction industry average.
X
Value checks
We assess Akash Infra-Projects's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Construction industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Construction industry average (and greater than 0)? (1 check)
  5. Akash Infra-Projects has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

AKASH Future Performance

 How is Akash Infra-Projects expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Akash Infra-Projects, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
26.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Akash Infra-Projects expected to grow at an attractive rate?
  • Akash Infra-Projects's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Akash Infra-Projects's earnings growth is expected to exceed the India market average.
  • Unable to compare Akash Infra-Projects's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:AKASH Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:AKASH Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 26.6%
India Construction Industry Earnings Growth Rate Market Cap Weighted Average 14.5%
India Construction Industry Revenue Growth Rate Market Cap Weighted Average 11.2%
India Market Earnings Growth Rate Market Cap Weighted Average 16.9%
India Market Revenue Growth Rate Market Cap Weighted Average 10.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:AKASH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:AKASH Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-09-30 1,281 19
2018-06-30 1,441 19
2018-03-31 1,601 651 20
2017-03-31 1,123 105 44
2016-03-31 877 141 36

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Akash Infra-Projects's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Akash Infra-Projects is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:AKASH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Akash Infra-Projects Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:AKASH Past Financials Data
Date (Data in INR Millions) EPS *
2018-09-30 1.21
2018-06-30 1.25
2018-03-31 1.29
2017-03-31 2.93
2016-03-31 2.82

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Akash Infra-Projects will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Akash Infra-Projects's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Akash Infra-Projects has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

AKASH Past Performance

  How has Akash Infra-Projects performed over the past 5 years?

  • Akash Infra-Projects's last earnings update was 196 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Akash Infra-Projects's growth in the last year to its industry (Construction).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Akash Infra-Projects's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Akash Infra-Projects's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Akash Infra-Projects's 1-year earnings growth is negative, it can't be compared to the IN Construction industry average.
Earnings and Revenue History
Akash Infra-Projects's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Akash Infra-Projects Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:AKASH Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 1,281.38 19.41 59.84
2018-06-30 1,441.13 19.49 66.11
2018-03-31 1,600.88 19.57 72.38
2017-03-31 1,123.08 44.42 76.03
2016-03-31 877.02 35.71 57.28
2015-03-31 1,022.98 54.26 230.47
2014-03-31 1,522.56 97.75 494.46
2013-03-31 2,102.72 74.90 705.20

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Akash Infra-Projects has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Akash Infra-Projects used its assets less efficiently than the IN Construction industry average last year based on Return on Assets.
  • Akash Infra-Projects's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Akash Infra-Projects's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Construction industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Akash Infra-Projects has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

AKASH Health

 How is Akash Infra-Projects's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Akash Infra-Projects's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Akash Infra-Projects is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Akash Infra-Projects's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Akash Infra-Projects's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Akash Infra-Projects Company Filings, last reported 7 months ago.

NSEI:AKASH Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 774.33 282.16 138.67
2018-06-30 774.33 282.16 138.67
2018-03-31 699.56 261.47 152.71
2017-03-31 688.36 58.71 210.96
2016-03-31 484.51 106.64 88.40
2015-03-31 491.85 265.97 113.94
2014-03-31 445.41 255.48 159.78
2013-03-31 352.86 307.19 141.27
  • Akash Infra-Projects's level of debt (36.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (70.4% vs 36.4% today).
  • Debt is well covered by operating cash flow (230.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.1x coverage).
X
Financial health checks
We assess Akash Infra-Projects's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Akash Infra-Projects has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

AKASH Dividends

 What is Akash Infra-Projects's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.44%
Current annual income from Akash Infra-Projects dividends.
If you bought ₹2,000 of Akash Infra-Projects shares you are expected to receive ₹9 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Akash Infra-Projects's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.55%).
  • Akash Infra-Projects's dividend is below the markets top 25% of dividend payers in India (2.09%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:AKASH Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Construction Industry Average Dividend Yield Market Cap Weighted Average of 50 Stocks 1.3%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:AKASH Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-08-20 0.250 0.580
2018-05-31 0.250 0.735
2017-10-11 0.500 1.313

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Akash Infra-Projects has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Akash Infra-Projects has only been paying a dividend for 2 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Akash Infra-Projects's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.8x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Akash Infra-Projects's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Akash Infra-Projects afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Akash Infra-Projects has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

AKASH Management

 What is the CEO of Akash Infra-Projects's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Yoginkumar Patel
COMPENSATION ₹9,600,000
AGE 54
TENURE AS CEO 2.3 years
CEO Bio

Mr. Yoginkumar Haribhai Patel has been Managing Director of Akash Infra-Projects Limited since January 18, 2017 and serves as its Chairman. Mr. Patel has 29 Years of Experience in the field of Civil Engineering Sector. He is looking after day to day affairs of the Akash Infra-Projects Limited including Finance, Administration and Operations. Mr. Patel has been Executive Non-Independent Director of Akash Infra-Projects Limited since May 14, 1999. Mr. Patel serves as a Director of Aadhyashakti Minings Private Limited, Akash Petroleum Private Limited and Akash Residency And Hospitality Private Limited. He holds Bachelor of Civil Engineering (B.E. Civil) from Saurashtra University.

CEO Compensation
  • Yoginkumar's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Yoginkumar's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Akash Infra-Projects management team in years:

2.3
Average Tenure
48
Average Age
  • The tenure for the Akash Infra-Projects management team is about average.
Management Team

Yoginkumar Patel

TITLE
Chairman & MD
COMPENSATION
₹10M
AGE
54
TENURE
2.3 yrs

Ambusinh Gol

TITLE
MD & Executive Non-Independent Director
COMPENSATION
₹10M
AGE
52
TENURE
2.3 yrs

Dineshkumar Patel

TITLE
Whole Time Director
COMPENSATION
₹4M
AGE
51

Premalsinh Gol

TITLE
Whole Time Director
COMPENSATION
₹4M
AGE
45

Sujitkumar Padhi

TITLE
Chief Financial Officer
COMPENSATION
₹315K
AGE
39
TENURE
2.3 yrs

Upasna Patel

TITLE
Company Secretary & Compliance Officer
AGE
27
TENURE
2.3 yrs
Board of Directors Tenure

Average tenure and age of the Akash Infra-Projects board of directors in years:

17.8
Average Tenure
51.5
Average Age
  • The average tenure for the Akash Infra-Projects board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Yoginkumar Patel

TITLE
Chairman & MD
COMPENSATION
₹10M
AGE
54

Ambusinh Gol

TITLE
MD & Executive Non-Independent Director
COMPENSATION
₹10M
AGE
52
TENURE
17.8 yrs

Dineshkumar Patel

TITLE
Whole Time Director
COMPENSATION
₹4M
AGE
51
TENURE
17.8 yrs

Premalsinh Gol

TITLE
Whole Time Director
COMPENSATION
₹4M
AGE
45
TENURE
17.8 yrs

Monika Sankhla

TITLE
Additional Non-Executive Independent Director
COMPENSATION
₹50K
AGE
28
TENURE
2.3 yrs

Bhanuchandra Bhavsar

TITLE
Additional Non-Executive Independent Director
COMPENSATION
₹50K
AGE
60
TENURE
2.3 yrs

Bhavanaben Gol

TITLE
Non-Executive Non-Independent Director
COMPENSATION
₹60K
AGE
49
TENURE
17.8 yrs

Ashwinkumar Jani

TITLE
Additional Non-Executive Independent Director
COMPENSATION
₹50K
AGE
65
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
16. Jun 18 Buy Ranu Patel Individual 12. Jun 18 12. Jun 18 100,000 ₹41.50 ₹4,149,996
16. Jun 18 Buy Sonalben Gol Individual 12. Jun 18 12. Jun 18 100,000 ₹41.50 ₹4,149,996
16. Jun 18 Buy Priyal Patel Individual 12. Jun 18 12. Jun 18 100,000 ₹41.50 ₹4,149,996
16. Jun 18 Buy Nikhilkumar Patel Individual 12. Jun 18 12. Jun 18 100,000 ₹41.50 ₹4,149,996
16. Jun 18 Buy Daxraj Gol Individual 12. Jun 18 12. Jun 18 250,000 ₹41.50 ₹10,374,990
16. Jun 18 Buy Bhavanaben Gol Individual 12. Jun 18 12. Jun 18 50,000 ₹41.50 ₹2,074,998
16. Jun 18 Buy Premalsinh Gol Individual 12. Jun 18 12. Jun 18 200,000 ₹41.50 ₹8,299,992
16. Jun 18 Buy Himani Patel Individual 12. Jun 18 12. Jun 18 200,000 ₹41.50 ₹8,299,992
16. Jun 18 Buy Ambusinh Gol Individual 12. Jun 18 12. Jun 18 213,000 ₹41.50 ₹8,839,491
16. Jun 18 Buy Yoginkumar Patel Individual 12. Jun 18 12. Jun 18 100,000 ₹41.50 ₹4,149,996
X
Management checks
We assess Akash Infra-Projects's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Akash Infra-Projects has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

AKASH News

Simply Wall St News

Does Akash Infra-Projects Limited (NSE:AKASH) Have A Volatile Share Price?

Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … View our latest analysis for Akash Infra-Projects What we can learn from AKASH's beta value Given that it has a beta of 0.86, we can surmise that the Akash Infra-Projects share price has not been strongly impacted by broader market volatility (over the last 5 years).

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Based On Its ROE, Is Akash Infra-Projects Limited (NSE:AKASH) A High Quality Stock?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … One way to conceptualize this, is that for each ₹1 of shareholders' equity it has, the company made ₹0.026 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Should You Be Tempted To Sell Akash Infra-Projects Limited (NSE:AKASH) Because Of Its P/E Ratio?

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … Akash Infra-Projects has a price to earnings ratio of 42.12, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

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How Many Insiders Bought Akash Infra-Projects Limited (NSE:AKASH) Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in Akash Infra-Projects Limited (NSE:AKASH). … The Last 12 Months Of Insider Transactions At Akash Infra-Projects. … In the last twelve months there was more buying than selling by Akash Infra-Projects insiders

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Should You Worry About Akash Infra-Projects Limited’s (NSE:AKASH) ROCE?

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Return On Capital Employed (ROCE): What is it? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

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Don't Sell Akash Infra-Projects Limited (NSE:AKASH) Before You Read This

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … We'll look at Akash Infra-Projects Limited's (NSE:AKASH) P/E ratio and reflect on what it tells us about the company's share price. … Akash Infra-Projects has a price to earnings ratio of 35.89, based on the last twelve months.

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Need To Know: Akash Infra-Projects Limited (NSE:AKASH) Insiders Have Been Buying Shares

So we'll take a look at whether insiders have been buying or selling shares in Akash Infra-Projects Limited (NSE:AKASH). … Akash Infra-Projects Insider Transactions Over The Last Year. … We don't deny that it is nice to see insiders buying stock in the company

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How Financially Strong Is Akash Infra-Projects Limited (NSE:AKASH)?

While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is. … Here are few basic financial health checks you should consider before taking the plunge.

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Will Akash Infra-Projects Limited (NSE:AKASH) Continue To Underperform Its Industry?

By way of learning-by-doing, we'll look at ROE to gain a better understanding Akash Infra-Projects Limited (NSE:AKASH). … One way to conceptualize this, is that for each ₹1 of shareholders' equity it has, the company made ₹0.029 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Akash Infra-Projects Limited (NSE:AKASH): A Look At Return On Capital

and want to better understand how you can grow your money by investing in Akash Infra-Projects Limited (NSE:AKASH). … Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … To understand Akash Infra-Projects’s capital returns we will look at a useful metric called return on capital employed.

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AKASH Company Info

Description

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. In addition, it operates and manages hotel under the Pathikashram name; and provides finance and real estate services. The company was founded in 1997 and is based in Gandhinagar, India.

Details
Name: Akash Infra-Projects Limited
AKASH
Exchange: NSEI
Founded: 1997
₹868,856,571
15,176,534
Website: http://www.akashinfra.com
Address: Akash Infra-Projects Limited
Abhishek Complex,
2, Ground Floor,
Gandhinagar,
Gujarat, 382011,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEI AKASH Equity Shares National Stock Exchange of India IN INR 14. Mar 2017
Number of employees
Current staff
Staff numbers
0
Akash Infra-Projects employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 13:05
End of day share price update: 2019/05/07 00:00
Last earnings filing: 2018/11/05
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.