AKASH

Akash Infra-Projects Limited

Listed company · ISIN INE737W01013 · NSE EQ · FV ₹10
Last price
₹24
+0.33%today
What this company does

Akash Infra-Projects Limited is a listed company. It booked ₹39 cr of revenue in its latest quarter (Q1 FY27) and kept 0.5% of sales as profit.

In the report:
34out of 100
Equitytale Health Score
Strained

Healthier than 34% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 1,201–2,858 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
39

At close. Not part of the score.

Profitability & returns16

How much profit it earns on the money it employs

Balance sheet20

How much it owes, and whether earnings cover the interest

Cash quality14

Whether reported profit actually arrives as cash

Growth & consistency48

Whether sales and profit have grown, and how steadily

Valuation48

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
A mixed picture
Strengths
Makes a profit
Sales up 84% vs last year
Profit up 21% vs last year
Promoters hold 75%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 0.5% net margin
! Low 1.0% return on equity
! Carries high debt (D/E 1.1)

What if I invest in AKASH?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹24 +0.33%
latest close · 2026-09-17
1-year return
-84.4%
52-wk low ₹2452-wk high ₹267
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio55.1High
LowAverageHigh
P/B ratio0.48Below book
Below bookModerateHigh
EV / EBITDA20.8High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity1.0%Weak
WeakFairStrong ▸15%
Return on capital5.2%Weak
WeakFairStrong
Net margin0.5%Thin
ThinDecentStrong
EBITDA margin4.0%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.06High
LowModerateHigh ▸1
Interest cover1.4×Risky
RiskyOkayStrong ▸5×
Current ratio1.73Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹41 cr
Book value
₹51
EPS
₹0.11
latest quarter
Net debt
₹89 cr
owes more than its cash
Enterprise value
₹130 cr
EBITDA
₹6 cr
annualised
EBIT
₹5 cr
annualised
Operating margin
3.3%
Return on assets
0.4%
Earnings yield
1.81%
P/S
0.26
Sales / share
₹92.8
Tax rate
46.9%
Face value
₹10
Shares
1.7 cr
Working capital
₹87 cr
Current assets
₹208 cr
Current liabilities
₹120 cr
Delivery %
80.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹21₹21, midpoint ₹21

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹39 cr
Other Income₹13.6 L
Total Income₹39 cr
Cost of Materials₹34 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-3 cr
Employee Benefit Expense₹2 cr
Finance Costs₹94.3 L
Depreciation & Amortisation₹26.5 L
Other Expenses₹5 cr
Total Expenses₹39 cr
Profit before Tax₹35.7 L
Tax Expense₹16.8 L
Share of JV / Associates₹0.15 L
Net Profit₹19.1 L
Net margin on total income0.5%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹31 cr80.1%
Employee benefit expense₹2 cr4.0%
Finance costs₹94.3 L2.4%
Depreciation & amortisation₹26.5 L0.7%
Other expenses₹5 cr12.0%
Tax expense₹16.8 L0.4%
Profit for the period₹19.1 L0.5%
Total income ₹39 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue11 cr38 cr39 cr
Total income11 cr38 cr39 cr
Expenses10 cr37 cr39 cr
Profit before tax93 L62.9 L35.7 L
Tax1.1 L-0.57 L16.8 L
Net profit (owners' share)91.5 L64.7 L21.1 L
Net margin (owners' share, on revenue)8.4%1.7%0.5%
EPS (₹)0.540.380.11
YoY (latest quarter): total income +83.2% · net profit +21.0%
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹220 cr
Shareholder equity
₹85 cr
parent shareholders
Total debt
₹90 cr
Cash
₹94.1 L
Cash flow · H1 FY26
Operating
₹2 cr
Investing
₹69.9 L
Financing
₹-2 cr
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.1
ex 15 Sep 2022
ActionDetailEx-date
Dividend₹0.1 / share15 Sep 2022
Dividend₹0.1 / share8 Sep 2021
Who owns it · 2026-06-30
No pledge
Promoter
74.6%
Public
25.4%
Smart-money activity
Insider trades
BoughtDAXRAJ A. GOL · Promoter Group1.25 L · ₹1.0 cr12 Jun 18
BoughtAKASH Y. PATEL · Promoter Group50,000 · ₹41.5 L12 Jun 18
BoughtAMBUSINH P. GOL · Promoters1.06 L · ₹88.4 L12 Jun 18
Bulk / block deals
SoldSWARNA KODI · NSE2.69 L @ ₹33.19 Jan 26
BoughtSWARNA KODI · NSE2.69 L @ ₹33.179 Jan 26
SoldNK SECURITIES RESEARCH PRIVATE LIMITED · NSE1.12 L @ ₹33.329 Jan 26
Stake changes
BoughtYoginkumar Patel alongwith PAC · promoter→ 74.59% · 62.89 L26 Mar 19
BoughtYoginkumar H. Patel alongwith PAC · promoter→ 74.58% · 8.13 L13 Jun 18
BoughtDaxraj A. Gol alongwith PAC · promoter→ 74.58% · 8.13 L13 Jun 18
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Special shareholder meeting · 16 Mar 2026
See the official result
1
INCREASE THE AUTHORIZED SHARE CAPITAL OF THE COMPANY AND CONSEQUENT ALTERATION OF CAPITAL CLAUSE OF THE MEMORANDUM OF ASSOCIATION.
Backed by 100% of shareholders other than promotersneeded 50%
3.79 L votes for, 0 against
2
APPROVE THE PREFERENTIAL ISSUE OF UPTO 40,00,000 WARRANTS CONVERTIBLE INTO 40,00,000 EQUITY SHARES TO THE PERSONS BELONGING TO THE PROMOTER/ PROMOTER GROUP AND PUBLIC CATEGORY.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
3.79 L votes for, 0 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 22 named members
owning 74.6% between them · as of 2026-06-30
AMBUSINH P GOL23.25%
YOGINKUMAR H PATEL22.77%
PREMALSINH PUNJAJI GOL5.93%
DINESHBHAI HARIBHAI PATEL4.74%
AKASH YOGINBHAI PATEL2.66%
SONALBAHEN PREMALSINH GOL2.27%
BHAVANA AMBUSINH GOL1.88%
HIMANI YOGINBHAI PATEL1.66%
Business done with them
FY2025 · 2 of the group
The company paid ₹3 cr to companies in the promoter group last year — about 5.1% of its ₹58 cr revenue and received ₹1 cr back from them.
Ambusinh P. Gol
Contribution made to them · Unsecured Loan/Lease Rent
also owns 23.25% of the company
₹2 cr
company paid
Ambusinh P. Gol
Contribution received from them · Unsecured Loan/Lease Rent
also owns 23.25% of the company
₹1 cr
company received
AKASH RESIDENCY AND HOSPITALITY PRIVATE LIMITED
Contribution made to them · Unsecured Loan Paid
also owns 1.58% of the company
₹52.4 L
company paid
Ambusinh P. Gol
Leases As Lessee · Unsecured Loan/Lease Rent
also owns 23.25% of the company
₹4.8 L
company received

The company also transacted with 8 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹4 cr raised in Apr 2026 by selling shares to selected investors

As of Jun 2026, the company says it has spent 25% of what it set aside.

To utilize the proceeds from the issue of share warrants towards meeting working capital requirement i.e. for procurement of raw materials primarily bitumen, grit/kapachi, cement and other raw materials, for execution of newly received road infrastructure work orders and those expected to be received during the balance period of financial year 2025–26 and subsequent years.
25%
of what was set aside

The rupee amounts in this company’s own breakdown don’t add up to the amount it says it raised — a common filing slip, where a table meant to be read in lakhs is entered as whole rupees. Rather than guess which is right, we show only the percentages, which are unaffected.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.