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Last Updated on: 19 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Akash Infraprojects Ltd

About the Company - Akash Infraprojects Ltd

Akash Infra-Projects Ltd. is a Public Limited Listed company incorporated on 14/05/1999 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L45209GJ1999PLC036003 and registration number is 036003. Currently Company is involved in the business activities of Construction and maintenance of motorways, streets, roads, other vehicular and pedestrian ways, highways, bridges, tunnels and subways. Company’s Total Operating Revenue is Rs. 78.84 Cr. and Equity Capital is Rs. 16.86 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Infrastructure - GeneralNo.2, Ground Floor, Gandhinagar Gujarat 382011cs@akashinfra.com
http://www.akashinfra.com
Management
NamePosition Held
Mr. Ambusinh P GolChairman & Managing Director
Mr. Yoginkumar H PatelManaging Director
Mr. Dineshkumar H PatelWhole Time Director
Mrs. Bhavanaben A GolNon Executive Director
Mr. Bhanuchadra K BhavsarIndependent Director
Mrs. Monika N SankhlaIndependent Director
Mr. Ghanshyambhai PatelIndependent Director
Mrs. Varsha ThakkarIndependent Director
Mr. Ashwinkumar B JaniIndependent Director

Basic Stock Data of Akash Infraprojects Ltd

Last Updated: July 18, 2024, 11:25 pm

Market Cap 57.9 Cr.
Current Price 34.3
High / Low50.6/25.3
Stock P/E252
Book Value 49.7
Dividend Yield0.00 %
ROCE2.97 %
ROE0.27 %
Face Value 10.0
PEG Ratio-26.14

Data Source: screener.in

Akash Infraprojects Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales12.8526.2513.0413.5411.4840.7929.274.3514.8813.2924.3114.715.28
Expenses12.7824.1111.4211.9911.8753.4327.323.6513.2311.4024.5113.796.51
Operating Profit0.072.141.621.55-0.39-12.641.950.701.651.89-0.200.92-1.23
OPM %0.54%8.15%12.42%11.45%-3.40%-30.99%6.66%16.09%11.09%14.22%-0.82%6.25%-23.30%
Other Income0.250.960.180.120.1316.450.100.700.100.150.120.760.14
Interest1.100.870.910.820.800.870.800.941.031.670.921.020.85
Depreciation0.450.170.300.320.310.330.260.260.280.270.210.220.22
Profit before tax-1.232.060.590.53-1.372.610.990.200.440.10-1.210.44-2.16
Tax %0.00%3.88%20.34%20.75%0.00%-9.58%18.18%0.00%18.18%100.00%0.00%2.27%-0.46%
Net Profit-1.171.950.500.42-1.392.740.800.220.350.01-1.210.45-2.14
EPS in Rs-0.691.160.300.25-0.821.620.470.130.150.01-0.720.27-1.27

Last Updated: July 10, 2024, 2:45 pm

Akash Infraprojects Ltd Quarterly Chart

Akash Infraprojects Ltd Profit & Loss

Last Updated: July 10, 2024, 2:45 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales64.59210.26152.25102.3087.55112.11159.8392.3172.6067.1578.8361.7267.19
Expenses59.94198.18136.3691.5782.07103.39155.8388.5867.2862.5488.6955.5362.93
Operating Profit4.6512.0815.8910.735.488.724.003.735.324.61-9.866.194.26
OPM %7.20%5.75%10.44%10.49%6.26%7.78%2.50%4.04%7.33%6.87%-12.51%10.03%6.34%
Other Income0.701.430.971.133.261.214.734.520.771.7916.871.061.13
Interest1.183.284.012.631.981.812.843.212.923.583.404.464.64
Depreciation1.342.132.323.822.312.483.193.142.401.551.261.060.98
Profit before tax2.838.1010.535.414.455.642.701.900.771.272.351.73-0.23
Tax %49.47%7.53%7.12%-0.37%17.30%20.04%24.44%10.00%18.18%12.60%-0.85%19.65%
Net Profit1.437.499.775.433.684.512.031.720.621.152.321.38-0.40
EPS in Rs1.517.8810.285.723.872.971.341.020.370.681.380.82-0.29
Dividend Payout %32.45%6.19%4.75%8.55%12.88%16.83%18.69%0.00%0.00%14.66%7.27%0.00%

Akash Infraprojects Ltd Profit & Loss Yearly Chart

Akash Infraprojects Ltd Growth

Compounded Sales Growth
10 Years:-9%
5 Years:-8%
3 Years:-4%
TTM:-4%
Compounded Profit Growth
10 Years:-31%
5 Years:-33%
3 Years:-41%
TTM:-83%
Stock Price CAGR
10 Years:%
5 Years:-11%
3 Years:-45%
1 Year:35%
Return on Equity
10 Years:3%
5 Years:1%
3 Years:2%
Last Year:0%

Last Updated: July 16, 2024, 6:00 pm

Akash Infraprojects Ltd Balance Sheet

Last Updated: July 10, 2024, 2:45 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital4.644.644.644.644.747.597.5916.8616.8616.8616.8616.8616.86
Reserves22.2629.2038.4142.9642.8660.3561.3962.2661.9263.0665.3966.6665.94
Borrowings20.2227.6024.3426.5910.665.8726.1524.2820.2623.9122.7160.5679.96
Other Liabilities11.8130.4221.7913.9711.8622.2837.9445.1127.4833.7044.8948.0641.58
Total Liabilities58.9391.8689.1888.1670.1296.09133.07148.51126.52137.53149.85192.14204.34
Fixed Assets14.0713.8316.0912.2110.4412.0413.5611.218.976.125.745.154.75
CWIP0.000.000.000.000.000.000.000.000.000.230.000.000.00
Investments0.250.250.250.250.405.400.403.333.323.363.293.283.31
Other Assets44.6177.7872.8475.7059.2878.65119.11133.97114.23127.82140.82183.71196.28
Total Assets58.9391.8689.1888.1670.1296.09133.07148.51126.52137.53149.85192.14204.34

Akash Infraprojects Ltd Reserves and Borrowings Chart

Akash Infraprojects Ltd Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 0.4913.45-5.8114.0910.49-25.20-1.242.02-2.37-1.26-33.48-22.68
Cash from Investing Activity -0.06-6.362.122.91-13.715.752.961.690.145.180.51-1.03
Cash from Financing Activity 5.54-5.24-0.90-16.2810.4718.631.44-6.852.03-3.8933.3723.51
Net Cash Flow5.971.85-4.580.727.26-0.833.17-3.14-0.210.030.40-0.20

Akash Infraprojects Ltd Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days78.9291.24149.57136.87101.06161.55316.25265.86356.14495.90729.17936.42
Inventory Days18.4118.6248.5050.8787.6961.43168.67323.61302.96147.08275.94279.42
Days Payable74.8155.1127.8211.9684.48104.37311.98198.53211.41396.62249.49197.62
Cash Conversion Cycle22.5154.75170.24175.78104.27118.61172.94390.93447.69246.35755.621,018.21
Working Capital Days48.3671.06163.05155.42112.32151.64291.65419.95490.83461.91820.241,014.97
ROCE %20.15%22.05%11.12%6.49%11.09%6.44%5.10%3.65%4.74%5.49%4.97%

Akash Infraprojects Ltd Financial Efficiency Indicators Chart

Akash Infraprojects Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters74.59%74.59%74.59%74.59%74.59%74.59%74.59%74.59%74.59%74.59%74.59%74.59%
Public25.41%25.41%25.41%25.41%25.41%25.41%25.41%25.41%25.41%25.41%25.41%25.41%
No. of Shareholders8309031,6711,5975,9207,3937,7947,9828,3668,1808,2618,525

Akash Infraprojects Ltd Shareholding Pattern Chart

No. of Akash Infraprojects Ltd Shareholders

This stock is not held by any mutual fund

Akash Infraprojects Ltd ROCE Trend

Akash Infraprojects Ltd EPS Trend

Akash Infraprojects Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)0.861.350.670.401.01
Diluted EPS (Rs.)0.861.350.670.401.01
Cash EPS (Rs.)1.462.161.581.802.71
Book Value[Excl.RevalReserv]/Share (Rs.)49.5847.3447.4346.7646.36
Book Value[Incl.RevalReserv]/Share (Rs.)49.5847.3447.4346.7646.36
Revenue From Operations / Share (Rs.)36.6446.7639.8643.0663.44
PBDIT / Share (Rs.)4.294.153.793.614.69
PBIT / Share (Rs.)3.663.402.872.192.99
PBT / Share (Rs.)1.021.390.750.451.12
Net Profit / Share (Rs.)0.821.410.660.371.01
NP After MI And SOA / Share (Rs.)0.811.380.680.361.01
PBDIT Margin (%)11.718.879.508.387.39
PBIT Margin (%)9.997.277.205.084.72
PBT Margin (%)2.792.971.891.061.77
Net Profit Margin (%)2.253.011.660.861.59
NP After MI And SOA Margin (%)2.232.941.710.851.59
Return on Networth / Equity (%)1.652.921.440.792.21
Return on Capital Employeed (%)6.295.935.114.105.55
Return On Assets (%)0.711.570.830.491.16
Long Term Debt / Equity (X)0.020.040.040.010.02
Total Debt / Equity (X)0.720.280.290.250.30
Asset Turnover Ratio (%)0.360.550.510.530.66
Current Ratio (X)1.922.722.903.052.24
Quick Ratio (X)1.512.502.202.351.92
Inventory Turnover Ratio (X)2.301.351.312.352.60
Dividend Payout Ratio (NP) (%)0.000.000.00135.1724.65
Dividend Payout Ratio (CP) (%)0.000.000.0027.889.22
Earning Retention Ratio (%)0.000.000.00-35.1775.35
Cash Earning Retention Ratio (%)0.000.000.0072.1290.78
Interest Coverage Ratio (X)1.632.071.792.092.51
Interest Coverage Ratio (Post Tax) (X)1.311.701.311.221.54
Enterprise Value (Cr.)94.66122.00366.95162.7794.68
EV / Net Operating Revenue (X)1.531.555.462.240.88
EV / EBITDA (X)13.0817.4357.4126.7211.97
MarketCap / Net Operating Revenue (X)0.641.345.282.110.80
Retention Ratios (%)0.000.000.00-35.1775.34
Price / BV (X)0.471.334.441.951.11
Price / Net Operating Revenue (X)0.641.345.282.110.80
EarningsYield0.030.020.000.000.01

Akash Infraprojects Ltd Profitability Ratios (%)

Akash Infraprojects Ltd Liquidity Ratios

Akash Infraprojects Ltd Liquidity Ratios (%)

Akash Infraprojects Ltd Interest Coverage Ratios (%)

Akash Infraprojects Ltd Valuation Ratios

Strength and Weakness of Akash Infraprojects Ltd Stock

StrengthWeakness
  1. The company has higher reserves (55.12 cr) compared to borrowings (30.31 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (102.21 cr) and profit (3.65 cr) over the years.
  1. The stock has a low average ROCE of 8.44%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 265.62, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 221.72, which may not be favorable.

FAQ

What is the latest fair value of Akash Infraprojects Ltd?

The latest fair value of Akash Infraprojects Ltd is ₹0.00.

What is the Market Cap of Akash Infraprojects Ltd?

The Market Cap of Akash Infraprojects Ltd is 57.9 Cr..

What is the current Stock Price of Akash Infraprojects Ltd as on 19 July 2024?

The current stock price of Akash Infraprojects Ltd as on 19 July 2024 is 34.3.

What is the High / Low of Akash Infraprojects Ltd stocks in FY 2024?

In FY 2024, the High / Low of Akash Infraprojects Ltd stocks is 50.6/25.3.

What is the Stock P/E of Akash Infraprojects Ltd?

The Stock P/E of Akash Infraprojects Ltd is 252.

What is the Book Value of Akash Infraprojects Ltd?

The Book Value of Akash Infraprojects Ltd is 49.7.

What is the Dividend Yield of Akash Infraprojects Ltd?

The Dividend Yield of Akash Infraprojects Ltd is 0.00 %.

What is the ROCE of Akash Infraprojects Ltd?

The ROCE of Akash Infraprojects Ltd is 2.97 %.

What is the ROE of Akash Infraprojects Ltd?

The ROE of Akash Infraprojects Ltd is 0.27 %.

What is the Face Value of Akash Infraprojects Ltd?

The Face Value of Akash Infraprojects Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Akash Infraprojects Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE