Akash Infra-Projects Ltd. (AKASH) AI Stock Analysis

• Market Cap: ₹443.82M
• Dividend Yield: N/A
• Average Volume (3M): 5.11K
• Price to Earnings (P/E): 29.8
• Beta (1Y): 0.75
• Revenue Growth: 29.28%
• EPS Growth: -148.22%
• Country: IN
• Employees: 32
• Sector: Services
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): 0.10
• Shares Outstanding: 16,862,534
• 10 Day Avg. Volume: 4,709
• 30 Day Avg. Volume: 5,114
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹33.00
• Price Target Upside: 4.50% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 60 Neutral
• Price Target: ₹33.00 ▲(4.50% Upside)

The overall stock score of 60 reflects moderate financial performance and positive technical momentum, offset by poor valuation metrics. The company's high leverage and negative P/E ratio are significant concerns, while the technical indicators suggest potential for short-term gains.

Akash Infra-Projects Ltd. Business Overview & Revenue Model

Company Description

Akash Infra-Projects Ltd. (AKASH) is an infrastructure development company based in India, primarily engaged in civil construction and engineering services. The company operates in the infrastructure sector, focusing on projects such as roads, bridges, airports, and other governmental construction initiatives. AKASH leverages its expertise in project management, engineering, and construction to deliver high-quality infrastructure solutions.

How the Company Makes Money

Akash Infra-Projects Ltd. generates revenue through its civil construction and infrastructure development services. The company primarily earns money by undertaking government and private sector contracts for infrastructure projects, including roads, bridges, and airports. Revenue streams are largely driven by project-based contracts where AKASH is paid for its services, which encompass planning, designing, and executing construction projects. The company may also form strategic partnerships or joint ventures with other construction firms to enhance its project capabilities and expand its market reach. The successful completion of projects on time and within budget is crucial to maintaining cash flow and profitability.

Akash Infra-Projects Ltd. Financial Statement Overview

Summary

Akash Infra-Projects Ltd. displays moderate financial health with stable gross profit margins and improved cash management. However, high leverage and fluctuating profitability metrics present potential risks.

Income Statement

Akash Infra-Projects Ltd. has shown moderate financial performance over the years. The gross profit margin has been relatively stable, but the net profit margin and EBIT margin have fluctuated, indicating some volatility in operational efficiency. The revenue growth rate from 2024 to 2025 was 8.68%, showing signs of recovery after a previous decline. However, the net income remains low, impacting profitability metrics.

Balance Sheet

The balance sheet indicates a high level of debt with a debt-to-equity ratio of approximately 1.02 in 2025, reflecting potential financial leverage risks. The equity ratio is around 40.64%, which is decent, but the high indebtedness could pose stability concerns. ROE is relatively low, suggesting the company is not efficiently utilizing equity to generate profits.

Cash Flow

The cash flow statement shows improvement in free cash flow from negative to positive in 2025, indicating better cash management. The operating cash flow to net income ratio is strong, suggesting operational activities are generating sufficient cash to cover net income. However, historical cash flow volatility could be a concern for investors.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	529.87M	579.96M	533.63M	617.80M	721.23M	670.57M
Gross Profit	147.30M	193.62M	125.20M	282.87M	113.58M	244.87M
EBITDA	76.00M	69.11M	57.35M	67.81M	70.09M	56.90M
Net Income	16.39M	5.52M	2.26M	13.79M	23.23M	11.53M
Balance Sheet
Total Assets	0.00	2.08B	2.10B	1.92B	1.50B	1.38B
Cash, Cash Equivalents and Short-Term Investments	66.79M	69.56M	56.95M	34.02M	36.81M	117.72M
Total Debt	0.00	862.29M	907.88M	605.64M	227.15M	239.57M
Total Liabilities	-823.19M	1.24B	1.26B	1.09B	675.32M	575.47M
Stockholders Equity	823.19M	846.65M	837.97M	835.27M	822.52M	799.21M
Cash Flow
Free Cash Flow	0.00	52.05M	-247.98M	-338.74M	-22.04M	-28.26M
Operating Cash Flow	0.00	54.33M	-226.81M	-334.83M	-12.63M	-23.71M
Investing Cash Flow	0.00	3.96M	-10.33M	5.15M	51.82M	1.36M
Financing Cash Flow	0.00	-93.28M	235.15M	333.73M	-38.92M	20.27M

Akash Infra-Projects Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 31.58
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AKASH, the sentiment is Positive. The current price of 31.58 is above the 20-day moving average (MA) of 26.69, above the 50-day MA of 27.42, and above the 200-day MA of 29.26, indicating a bullish trend. The MACD of 0.14 indicates Negative momentum. The RSI at 72.78 is Negative, neither overbought nor oversold. The STOCH value of 59.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:AKASH.

Akash Infra-Projects Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AKASH	60 Neutral	₹443.82M	29.75		―	29.28%	-148.22%
Sector *	56 Neutral	$13.56B	17.98	10.03%	0.93%	7.13%	-12.93%
KRIDHANINF	42 Neutral	₹371.53M	0.52		―	387.48%	―
MEP	―	₹277.00M	―		―	―	―
RPPINFRA	77 Outperform	₹7.14B	10.40		―	-0.58%	-12.30%
SADBHIN	47 Neutral	₹1.51B	―		―	2.53%	92.21%
SKIL	―	₹385.50M	2.30		―	―	―