Reported Earnings • Jun 03
Full year 2026 earnings released: EPS: ₹0.39 (vs ₹0.53 in FY 2025) Full year 2026 results: EPS: ₹0.39 (down from ₹0.53 in FY 2025). Revenue: ₹828.1m (up 43% from FY 2025). Net income: ₹6.49m (down 27% from FY 2025). Profit margin: 0.8% (down from 1.5% in FY 2025). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • May 27
Akash Infra-Projects Limited to Report Q4, 2026 Results on May 30, 2026 Akash Infra-Projects Limited announced that they will report Q4, 2026 results on May 30, 2026 Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹27.82, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 16x in the Construction industry in India. Negligible returns to shareholders over past three years. Reported Earnings • Feb 17
Third quarter 2026 earnings released: EPS: ₹0.54 (vs ₹0.03 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.54 (up from ₹0.03 in 3Q 2025). Revenue: ₹112.5m (down 19% from 3Q 2025). Net income: ₹9.15m (up ₹8.55m from 3Q 2025). Profit margin: 8.1% (up from 0.4% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Feb 11
Akash Infra-Projects Limited to Report Q3, 2026 Results on Feb 14, 2026 Akash Infra-Projects Limited announced that they will report Q3, 2026 results at 9:08 AM, Indian Standard Time on Feb 14, 2026 Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to ₹34.09, the stock trades at a trailing P/E ratio of 37.5x. Average trailing P/E is 17x in the Construction industry in India. Total returns to shareholders of 20% over the past three years. New Risk • Jan 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Market cap is less than US$10m (₹488.2m market cap, or US$5.43m). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). Reported Earnings • Nov 17
Second quarter 2026 earnings released: ₹0.65 loss per share (vs ₹1.13 loss in 2Q 2025) Second quarter 2026 results: ₹0.65 loss per share (improved from ₹1.13 loss in 2Q 2025). Revenue: ₹122.6m (up 33% from 2Q 2025). Net loss: ₹10.9m (loss narrowed 43% from 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Sep 09
Akash Infra-Projects Limited, Annual General Meeting, Sep 30, 2025 Akash Infra-Projects Limited, Annual General Meeting, Sep 30, 2025, at 16:00 Indian Standard Time. New Risk • Sep 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 3.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 4.5% per year over the past 5 years. Market cap is less than US$10m (₹443.8m market cap, or US$5.04m). Minor Risks Share price has been volatile over the past 3 months (3.9% average weekly change). Profit margins are more than 30% lower than last year (1.1% net profit margin). Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹31.58, the stock trades at a trailing P/E ratio of 73.9x. Average trailing P/E is 21x in the Construction industry in India. Total loss to shareholders of 30% over the past three years. New Risk • Aug 15
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.1% Last year net profit margin: 3.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 4.5% per year over the past 5 years. Market cap is less than US$10m (₹436.9m market cap, or US$4.99m). Minor Risk Profit margins are more than 30% lower than last year (1.1% net profit margin). Reported Earnings • Jun 04
Full year 2025 earnings released: EPS: ₹0.18 (vs ₹0.13 in FY 2024) Full year 2025 results: EPS: ₹0.18 (up from ₹0.13 in FY 2024). Revenue: ₹581.7m (down 2.3% from FY 2024). Net income: ₹8.89m (up 294% from FY 2024). Profit margin: 1.5% (up from 0.4% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: ₹0.03 (vs ₹1.26 loss in 3Q 2024) Third quarter 2025 results: EPS: ₹0.03 (up from ₹1.26 loss in 3Q 2024). Revenue: ₹140.9m (up 167% from 3Q 2024). Net income: ₹593.0k (up ₹22.0m from 3Q 2024). Profit margin: 0.4% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year whereas the company’s share price has fallen by 49% per year. Reported Earnings • Nov 16
Second quarter 2025 earnings released: ₹1.13 loss per share (vs ₹0.27 profit in 2Q 2024) Second quarter 2025 results: ₹1.13 loss per share (down from ₹0.27 profit in 2Q 2024). Revenue: ₹94.4m (down 36% from 2Q 2024). Net loss: ₹19.0m (down ₹23.5m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 42% per year, which means it has not declined as severely as earnings. New Risk • Sep 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Share price has been highly volatile over the past 3 months (9.3% average weekly change). Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (₹671.5m market cap, or US$8.04m). Reported Earnings • Aug 16
First quarter 2025 earnings released: EPS: ₹0.20 (vs ₹0.72 loss in 1Q 2024) First quarter 2025 results: EPS: ₹0.20 (up from ₹0.72 loss in 1Q 2024). Revenue: ₹148.7m (down 39% from 1Q 2024). Net income: ₹3.48m (up ₹15.6m from 1Q 2024). Profit margin: 2.3% (up from net loss in 1Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 38% per year, which means it has not declined as severely as earnings. New Risk • Aug 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.5x net interest cover). Earnings have declined by 17% per year over the past 5 years. Market cap is less than US$10m (₹701.3m market cap, or US$8.35m). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin). New Risk • May 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.1x net interest cover). Earnings have declined by 8.4% per year over the past 5 years. Market cap is less than US$10m (₹584.3m market cap, or US$7.02m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.8% average weekly change). Reported Earnings • Feb 16
Third quarter 2024 earnings released: EPS: ₹1.26 (vs ₹0.22 in 3Q 2023) Third quarter 2024 results: EPS: ₹1.26. Revenue: ₹54.2m (down 64% from 3Q 2023). Net loss: ₹21.4m (down ₹24.1m from profit in 3Q 2023). New Risk • Dec 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.7x net interest cover). Market cap is less than US$10m (₹645.8m market cap, or US$7.75m). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: ₹0.27 (vs ₹0.14 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.27 (up from ₹0.14 in 2Q 2023). Revenue: ₹154.7m (up 256% from 2Q 2023). Net income: ₹4.46m (up 105% from 2Q 2023). Profit margin: 2.9% (down from 5.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings. Announcement • Sep 08
Akash Infra-Projects Limited, Annual General Meeting, Sep 29, 2023 Akash Infra-Projects Limited, Annual General Meeting, Sep 29, 2023, at 16:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements including Balance Sheet as at March 31, 2023, Statement of Profit and Loss and Cash Flow for the year ended on March 31, 2023, together with the Reports of the Auditors'and the Board of Directors' thereon; to appoint a director in place of Shri Yoginkumar Haribhai Patel , who retires by rotation and being eligible, offers himself for re-appointment; to appoint a director in place of Shri Dineshbhai Haribhai Patel, who retires by rotation and being eligible, offers himself for re-appointment; and to consider other matters. Reported Earnings • Aug 14
First quarter 2024 earnings released: ₹0.72 loss per share (vs ₹0.48 profit in 1Q 2023) First quarter 2024 results: ₹0.72 loss per share (down from ₹0.48 profit in 1Q 2023). Revenue: ₹244.3m (down 17% from 1Q 2023). Net loss: ₹12.1m (down 251% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹28.40, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 19x in the Construction industry in India. Total loss to shareholders of 68% over the past three years. Reported Earnings • May 20
Full year 2023 earnings released: EPS: ₹0.86 (vs ₹1.38 in FY 2022) Full year 2023 results: EPS: ₹0.86 (down from ₹1.38 in FY 2022). Revenue: ₹628.4m (down 20% from FY 2022). Net income: ₹13.8m (down 41% from FY 2022). Profit margin: 2.2% (down from 2.9% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹23.10, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 18x in the Construction industry in India. Total loss to shareholders of 75% over the past three years. Reported Earnings • Feb 16
Third quarter 2023 earnings released: EPS: ₹0.22 (vs ₹0.82 loss in 3Q 2022) Third quarter 2023 results: EPS: ₹0.22 (up from ₹0.82 loss in 3Q 2022). Revenue: ₹149.8m (up 31% from 3Q 2022). Net income: ₹2.65m (up ₹16.5m from 3Q 2022). Profit margin: 1.8% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹30.05, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 19x in the Construction industry in India. Total loss to shareholders of 68% over the past three years. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. Additional Independent Director Ghanshyambhai Patel was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improved over the past week After last week's 18% share price gain to ₹38.35, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 19x in the Construction industry in India. Total loss to shareholders of 34% over the past three years. Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹39.00, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 20x in the Construction industry in India. Total loss to shareholders of 33% over the past three years. Upcoming Dividend • Sep 08
Upcoming dividend of ₹0.10 per share Eligible shareholders must have bought the stock before 15 September 2022. Payment date: 27 October 2022. Payout ratio is a comfortable 6.6% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (1.2%). Announcement • Sep 07
Akash Infra-Projects Limited, Annual General Meeting, Sep 27, 2022 Akash Infra-Projects Limited, Annual General Meeting, Sep 27, 2022, at 17:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements including Balance Sheet as at March 31, 2022, Statement of Profit and Loss and Cash Flow for the year ended on March 31, 2022, together with the Reports of the Auditors' and the Board of Directors thereon; to approve and declare dividend of INR 0.10 per equity share (i.e. @ 1% per share) of face value of INR 10 each for the financial year ended on 31st March, 2022; to appoint a Director in place of Shri Ambusinh P. Gol (DIN: 00463376), who retires by rotation and being eligible offers himself for re-appointment; and to discuss other matters. Board Change • Sep 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. Additional Independent Director Ghanshyambhai Patel was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 08
First quarter 2023 earnings released: EPS: ₹0.48 (vs ₹0.30 in 1Q 2022) First quarter 2023 results: EPS: ₹0.48 (up from ₹0.30 in 1Q 2022). Revenue: ₹293.7m (up 125% from 1Q 2022). Net income: ₹8.04m (up 60% from 1Q 2022). Profit margin: 2.7% (down from 3.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improved over the past week After last week's 27% share price gain to ₹32.80, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 18x in the Construction industry in India. Total loss to shareholders of 46% over the past three years. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹26.80, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 16x in the Construction industry in India. Total loss to shareholders of 55% over the past three years. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹30.55, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 17x in the Construction industry in India. Total loss to shareholders of 46% over the past three years. Reported Earnings • May 25
Full year 2022 earnings released: EPS: ₹1.35 (vs ₹0.68 in FY 2021) Full year 2022 results: EPS: ₹1.35 (up from ₹0.68 in FY 2021). Revenue: ₹957.2m (up 43% from FY 2021). Net income: ₹23.2m (up 101% from FY 2021). Profit margin: 2.4% (up from 1.7% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 10% per year. Valuation Update With 7 Day Price Move • May 09
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹39.30, the stock trades at a trailing P/E ratio of 44.6x. Average trailing P/E is 18x in the Construction industry in India. Total loss to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹62.70, the stock trades at a trailing P/E ratio of 71.1x. Average trailing P/E is 19x in the Construction industry in India. Total returns to shareholders of 21% over the past three years. Reported Earnings • Feb 01
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹0.82 loss per share (down from ₹0.69 loss in 3Q 2021). Revenue: ₹114.8m (down 11% from 3Q 2021). Net loss: ₹13.9m (loss widened 19% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Oct 17
Second quarter 2022 earnings released: EPS ₹0.25 (vs ₹0.14 in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: ₹136.6m (down 14% from 2Q 2021). Net income: ₹4.23m (up 80% from 2Q 2021). Profit margin: 3.1% (up from 1.5% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 64% per year, which means it is well ahead of earnings. Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹0.30 (vs ₹0.09 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹130.4m (up 8.9% from 1Q 2021). Net income: ₹5.03m (up 266% from 1Q 2021). Profit margin: 3.9% (up from 1.1% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 63% per year, which means it is well ahead of earnings. Reported Earnings • Jul 04
Full year 2021 earnings released: EPS ₹0.67 (vs ₹0.40 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹690.3m (down 4.9% from FY 2020). Net income: ₹11.5m (up 82% from FY 2020). Profit margin: 1.7% (up from 0.9% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 102% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 11
New 90-day low: ₹215 The company is down 13% from its price of ₹248 on 11 December 2020. The Indian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 29% over the same period. Is New 90 Day High Low • Nov 07
New 90-day high: ₹259 The company is up 48% from its price of ₹175 on 07 August 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 5.0% over the same period. Is New 90 Day High Low • Oct 08
New 90-day high: ₹250 The company is up 112% from its price of ₹118 on 10 July 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 2.0% over the same period. Announcement • Aug 08
Akash Infra-Projects Limited to Report Q4, 2020 Results on Jul 31, 2020 Akash Infra-Projects Limited announced that they will report Q4, 2020 results on Jul 31, 2020