Akash Infraprojects Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Akash Infraprojects Ltd?

Akash Infraprojects Ltd is trading at 25.00 as of 15 April 2026, with a FY2026-2027 high of 36.0 and low of 22.8. The stock is currently near its 52-week low. Market cap stands at 42.1 Cr..

Q: How does Akash Infraprojects Ltd's P/E ratio compare to its industry?

Akash Infraprojects Ltd has a P/E ratio of 53.3, which is above the industry average of 51.11. The premium over industry average may reflect growth expectations.

Q: Is Akash Infraprojects Ltd financially healthy?

Key indicators: ROCE of 3.32 % is on the lower side. Dividend yield is 0.00 %.

Q: Is Akash Infraprojects Ltd profitable and how is the profit trend?

Akash Infraprojects Ltd reported a net profit of 1 Cr in Mar 2025 on revenue of 57 Cr. Compared to 2 Cr in Mar 2022, the net profit shows a declining trend.

Fair Value

₹21.36Overvalued by 14.56%vs CMP ₹25.00

P/E (53.3) × ROE (1.0%) × BV (₹49.60) × DY (2.00%)

₹23.31Fairly Valued by 6.76%vs CMP ₹25.00

MoS: -7.3% (Negative)Confidence: 37/100 (Low)Models: 3 Under, 1 Fair, 3 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹17.14	30%	Over (-31.4%)
Graham Number	Earnings	₹22.66	22%	Fair (-9.4%)
Net Asset Value	Assets	₹49.71	10%	Under (+98.8%)
EV/EBITDA	Enterprise	₹1.32	12%	Over (-94.7%)
Earnings Yield	Earnings	₹4.60	10%	Over (-81.6%)
ROCE Capital	Returns	₹42.97	10%	Under (+71.9%)
Revenue Multiple	Revenue	₹51.19	7%	Under (+104.8%)
Consensus (7 models)		₹23.31	100%	Fairly Valued

Key Drivers: EPS CAGR -19.7% drags value — could be higher if earnings stabilize. | ROE 1.0% is below cost of equity.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -19.7%

*Investments are subject to market risks

Investment Snapshot

Akash Infraprojects Ltd scores 54/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health54/100 · Moderate

ROCE 3.3% WeakROE 1.0% WeakD/E 0.29 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money50/100 · Moderate

Promoter holding at 74.6% Stable

Earnings Quality55/100 · Moderate

OPM expanding (-1% → 8%) ImprovingWorking capital: 491 days Capital intensive

Quarterly Momentum80/100 · Strong

Revenue (4Q): +52% YoY AcceleratingOPM: 2.2% (up 11.8% YoY) Margin expansion

Industry Rank20/100 · Weak

P/E 53.3 vs industry 60.1 In-lineROCE 3.3% vs industry 9.8% Below peersROE 1.0% vs industry 14.4% Below peers3Y sales CAGR: -10% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 2:34 am

Market Cap	42.1 Cr.
Current Price	25.0
Intrinsic Value	₹23.31
High / Low	36.0/22.8
Stock P/E	53.3
Book Value	49.6
Dividend Yield	0.00 %
ROCE	3.32 %
ROE	0.99 %
Face Value	10.0
PEG Ratio	-2.70

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Akash Infraprojects Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Akash Infraprojects Ltd	42.1 Cr.	25.0	36.0/22.8	53.3	49.6	0.00 %	3.32 %	0.99 %	10.0
Genus Prime Infra Ltd	32.7 Cr.	21.9	35.4/16.3	54.5	157	0.00 %	0.06 %	0.09 %	2.00
Gayatri Highways Ltd	50.3 Cr.	2.10	4.76/0.97	40.6	26.3	0.00 %	2.97 %	%	2.00
Rudrabhishek Enterprises Ltd	126 Cr.	69.3	238/60.0	32.0	85.1	0.00 %	14.9 %	9.87 %	10.0
Kridhan Infra Ltd	19.5 Cr.	1.96	5.39/1.81	23.0	29.6	0.00 %	%	%	2.00
Industry Average	1,557.11 Cr	105.15		60.13	90.10	0.22%	9.84%	14.41%	8.15

All Competitor Stocks of Akash Infraprojects Ltd

Quarterly Result

Metric	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	4.35	14.88	13.29	24.31	14.71	5.28	15.23	14.69	9.20	13.87	20.23	21.21	12.06
Expenses	3.65	13.23	11.40	24.51	13.79	6.51	11.49	13.22	10.08	12.72	15.81	19.89	11.79
Operating Profit	0.70	1.65	1.89	-0.20	0.92	-1.23	3.74	1.47	-0.88	1.15	4.42	1.32	0.27
OPM %	16.09%	11.09%	14.22%	-0.82%	6.25%	-23.30%	24.56%	10.01%	-9.57%	8.29%	21.85%	6.22%	2.24%
Other Income	0.70	0.10	0.15	0.12	0.76	0.14	1.48	0.18	0.24	0.21	0.17	0.23	0.20
Interest	0.94	1.03	1.67	0.92	1.02	0.85	1.34	1.00	0.99	0.96	1.80	1.00	1.08
Depreciation	0.26	0.28	0.27	0.21	0.22	0.22	0.35	0.30	0.29	0.29	0.28	0.29	0.29
Profit before tax	0.20	0.44	0.10	-1.21	0.44	-2.16	3.53	0.35	-1.92	0.11	2.51	0.26	-0.90
Tax %	0.00%	18.18%	100.00%	0.00%	2.27%	0.46%	10.76%	2.86%	-0.52%	45.45%	3.59%	26.92%	21.11%
Net Profit	0.22	0.35	0.01	-1.21	0.45	-2.14	3.14	0.35	-1.90	0.06	2.39	0.17	-1.09
EPS in Rs	0.13	0.15	0.01	-0.72	0.27	-1.27	1.86	0.21	-1.13	0.04	0.47	0.10	-0.65

Last Updated: January 2, 2026, 2:03 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 18, 2026, 6:01 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	152.25	102.30	87.55	112.11	159.83	92.31	72.60	67.15	78.83	61.72	59.39	57.47	64.38
Expenses	136.36	91.57	82.07	103.39	155.83	88.58	67.28	62.54	88.69	55.53	56.14	51.26	56.59
Operating Profit	15.89	10.73	5.48	8.72	4.00	3.73	5.32	4.61	-9.86	6.19	3.25	6.21	7.79
OPM %	10.44%	10.49%	6.26%	7.78%	2.50%	4.04%	7.33%	6.87%	-12.51%	10.03%	5.47%	10.81%	12.10%
Other Income	0.97	1.13	3.26	1.21	4.73	4.52	0.77	1.79	16.87	1.06	2.50	0.75	0.96
Interest	4.01	2.63	1.98	1.81	2.84	3.21	2.92	3.58	3.40	4.46	4.15	4.75	4.79
Depreciation	2.32	3.82	2.31	2.48	3.19	3.14	2.40	1.55	1.26	1.06	1.00	1.16	1.16
Profit before tax	10.53	5.41	4.45	5.64	2.70	1.90	0.77	1.27	2.35	1.73	0.60	1.05	2.80
Tax %	7.12%	-0.37%	17.30%	20.04%	24.44%	10.00%	18.18%	12.60%	-0.85%	19.65%	68.33%	13.33%
Net Profit	9.77	5.43	3.68	4.51	2.03	1.72	0.62	1.15	2.32	1.38	0.23	0.89	2.38
EPS in Rs	10.28	5.72	3.87	2.97	1.34	1.02	0.37	0.68	1.38	0.82	0.14	0.53	0.46
Dividend Payout %	4.75%	8.55%	12.88%	16.83%	18.69%	0.00%	0.00%	14.66%	7.27%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-44.42%	-32.23%	22.55%	-54.99%	-15.27%	-63.95%	85.48%	101.74%	-40.52%	-83.33%	286.96%
Change in YoY Net Profit Growth (%)	0.00%	12.19%	54.78%	-77.54%	39.72%	-48.68%	149.44%	16.26%	-142.26%	-42.82%	370.29%

Akash Infraprojects Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	-6%
5 Years:	-4%
3 Years:	-10%
TTM:	29%

Compounded Profit Growth
10 Years:	-20%
5 Years:	-2%
3 Years:	-38%
TTM:	-148%

Stock Price CAGR
10 Years:	%
5 Years:	-35%
3 Years:	-17%
1 Year:	-34%

Return on Equity
10 Years:	2%
5 Years:	1%
3 Years:	1%
Last Year:	1%

Last Updated: September 4, 2025, 10:30 pm

Balance Sheet

Last Updated: December 4, 2025, 12:55 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	4.64	4.64	4.74	7.59	7.59	16.86	16.86	16.86	16.86	16.86	16.86	16.86	16.86
Reserves	38.41	42.96	42.86	60.35	61.39	62.26	61.92	63.06	65.39	66.66	66.93	67.80	66.86
Borrowings	24.34	26.59	10.66	5.87	26.15	24.28	20.26	23.91	22.71	60.56	90.79	86.23	86.22
Other Liabilities	21.79	13.97	11.86	22.28	37.94	45.11	27.48	33.70	44.89	48.06	35.11	37.40	36.68
Total Liabilities	89.18	88.16	70.12	96.09	133.07	148.51	126.52	137.53	149.85	192.14	209.69	208.29	206.62
Fixed Assets	16.09	12.21	10.44	12.04	13.56	11.21	8.97	6.12	5.74	5.15	8.93	7.99	7.69
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.23	0.00	0.00	0.00	0.00	0.00
Investments	0.25	0.25	0.40	5.40	0.40	3.33	3.32	3.36	3.29	3.28	3.33	3.30	3.29
Other Assets	72.84	75.70	59.28	78.65	119.11	133.97	114.23	127.82	140.82	183.71	197.43	197.00	195.64
Total Assets	89.18	88.16	70.12	96.09	133.07	148.51	126.52	137.53	149.85	192.14	209.69	208.29	206.62

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	13.45	-5.81	14.09	10.49	-25.20	-1.24	2.02	-2.37	-1.26	-33.48	-22.68	9.55
Cash from Investing Activity +	-6.36	2.12	2.91	-13.71	5.75	2.96	1.69	0.14	5.18	0.51	-0.91	0.40
Cash from Financing Activity +	-5.24	-0.90	-16.28	10.47	18.63	1.44	-6.85	2.03	-3.89	33.37	23.39	-9.33
Net Cash Flow	1.85	-4.58	0.72	7.26	-0.83	3.17	-3.14	-0.21	0.03	0.40	-0.20	0.62
Free Cash Flow	8.92	-6.03	13.53	6.46	-29.44	-1.26	1.88	-1.89	-1.79	-33.87	-24.80	9.50
CFO/OP	89%	-49%	274%	133%	-606%	-33%	38%	-49%	13%	-534%	-689%	156%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-8.45	-15.86	-5.18	2.85	-22.15	-20.55	-14.94	-19.30	-32.57	-54.37	-87.54	-80.02

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	91.24	149.57	136.87	101.06	161.55	316.25	265.86	356.14	495.90	729.17	938.47	940.00
Inventory Days	18.62	48.50	50.87	87.69	61.43	168.67	323.61	302.96	147.08	535.23	282.84	335.61
Days Payable	55.11	27.82	11.96	84.48	104.37	311.98	198.53	211.41	396.62	483.92	200.05	224.22
Cash Conversion Cycle	54.75	170.24	175.78	104.27	118.61	172.94	390.93	447.69	246.35	780.48	1,021.26	1,051.40
Working Capital Days	71.06	163.05	112.02	98.84	99.41	205.33	321.26	378.92	374.03	476.83	478.70	491.37
ROCE %	22.05%	11.12%	6.49%	11.09%	6.44%	5.10%	3.65%	4.74%	5.49%	4.97%	2.98%	3.33%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	74.59%	74.59%	74.59%	74.59%	74.59%	74.59%	74.59%	74.59%	74.59%	74.59%	74.59%	74.59%
Public	25.41%	25.41%	25.41%	25.41%	25.41%	25.41%	25.41%	25.41%	25.41%	25.41%	25.41%	25.41%
No. of Shareholders	8,366	8,180	8,261	8,525	9,579	9,368	9,933	10,056	9,790	9,750	9,925	9,750

Shareholding Pattern Chart

No. of Shareholders

Akash Infraprojects Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	0.50	0.15	0.86	1.35	0.67
Diluted EPS (Rs.)	0.50	0.15	0.86	1.35	0.67
Cash EPS (Rs.)	1.23	0.70	1.46	2.16	1.58
Book Value[Excl.RevalReserv]/Share (Rs.)	50.21	49.69	49.58	47.34	47.43
Book Value[Incl.RevalReserv]/Share (Rs.)	50.21	49.69	49.58	47.34	47.43
Revenue From Operations / Share (Rs.)	34.39	35.30	36.64	46.76	39.86
PBDIT / Share (Rs.)	4.10	3.40	4.29	4.15	3.79
PBIT / Share (Rs.)	3.41	2.80	3.66	3.40	2.87
PBT / Share (Rs.)	0.62	0.35	1.02	1.39	0.75
Net Profit / Share (Rs.)	0.54	0.10	0.82	1.41	0.66
NP After MI And SOA / Share (Rs.)	0.52	0.13	0.81	1.38	0.68
PBDIT Margin (%)	11.91	9.62	11.71	8.87	9.50
PBIT Margin (%)	9.92	7.94	9.99	7.27	7.20
PBT Margin (%)	1.82	0.99	2.79	2.97	1.89
Net Profit Margin (%)	1.57	0.31	2.25	3.01	1.66
NP After MI And SOA Margin (%)	1.53	0.37	2.23	2.94	1.71
Return on Networth / Equity (%)	1.05	0.26	1.65	2.92	1.44
Return on Capital Employeed (%)	5.83	4.78	6.29	5.93	5.11
Return On Assets (%)	0.42	0.10	0.71	1.57	0.83
Long Term Debt / Equity (X)	0.01	0.01	0.02	0.04	0.04
Total Debt / Equity (X)	0.99	1.05	0.72	0.28	0.29
Asset Turnover Ratio (%)	0.27	0.29	0.36	0.55	0.51
Current Ratio (X)	1.77	1.75	1.92	2.72	2.90
Quick Ratio (X)	1.45	1.47	1.51	2.50	2.20
Inventory Turnover Ratio (X)	1.75	1.72	0.00	1.35	1.31
Interest Coverage Ratio (X)	1.47	1.39	1.63	2.07	1.79
Interest Coverage Ratio (Post Tax) (X)	1.19	1.04	1.31	1.70	1.31
Enterprise Value (Cr.)	120.08	135.41	94.66	122.00	366.95
EV / Net Operating Revenue (X)	2.07	2.27	1.53	1.55	5.46
EV / EBITDA (X)	17.37	23.63	13.08	17.43	57.41
MarketCap / Net Operating Revenue (X)	0.72	0.88	0.64	1.34	5.28
Price / BV (X)	0.49	0.62	0.47	1.33	4.44
Price / Net Operating Revenue (X)	0.72	0.88	0.64	1.34	5.28
EarningsYield	0.02	0.00	0.03	0.02	0.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

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. 26.51 Cr. and Equity Capital is Rs. 16.86 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Infrastructure - General	No.2, Ground Floor, Abhishek Complex, Gandhinagar Gujarat 382011	Contact not found

Management
Name	Position Held
Mr. Ambusinh P Gol	Chairman & Managing Director
Mr. Yoginkumar H Patel	Managing Director
Mr. Dineshbhai Pate	Whole Time Director
Mr. Premalsinh Gol	Whole Time Director
Mr. Ashwinkumar B Jani	Independent Director
Mrs. Monika Shekhawat	Independent Director
Mr. Ghanshyambhai Patel	Independent Director
Mrs. Varsha Thakkar	Independent Director

FAQ

What is the intrinsic value of Akash Infraprojects Ltd and is it undervalued?

As of 15 April 2026, Akash Infraprojects Ltd's intrinsic value is ₹23.31, which is 6.76% lower than the current market price of ₹25.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (0.99 %), book value (₹49.6), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Akash Infraprojects Ltd?

Akash Infraprojects Ltd is trading at ₹25.00 as of 15 April 2026, with a FY2026-2027 high of ₹36.0 and low of ₹22.8. The stock is currently near its 52-week low. Market cap stands at ₹42.1 Cr..

How does Akash Infraprojects Ltd's P/E ratio compare to its industry?

Akash Infraprojects Ltd has a P/E ratio of 53.3, which is below the industry average of 60.13. This is broadly in line with or below the industry average.

Is Akash Infraprojects Ltd financially healthy?

Key indicators for Akash Infraprojects Ltd: ROCE of 3.32 % is on the lower side compared to the industry average of 9.84%; ROE of 0.99 % is below ideal levels (industry average: 14.41%). Dividend yield is 0.00 %.

Is Akash Infraprojects Ltd profitable and how is the profit trend?

Akash Infraprojects Ltd reported a net profit of ₹1 Cr in Mar 2025 on revenue of ₹57 Cr. Compared to ₹2 Cr in Mar 2022, the net profit shows a declining trend.

Does Akash Infraprojects Ltd pay dividends?

Akash Infraprojects Ltd has a dividend yield of 0.00 % at the current price of ₹25.00. The company is currently not paying meaningful dividends.