The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Akash Infra-Projects Limited is an India-based company, which is engaged in the business of civil construction. The Company is engaged in the business of civil construction and undertakes various government contracts for the construction, resurfacing, widening and repair of…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak, stagnant business, fully valued — but flagged on governance.
Akash Infra-Projects is scored on the general / industrial framework. It keeps a thin 0.8% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -2.32×) — worth a closer look. Free cash flow is worth about -0.8% of its market value.
Over the last 3 years revenue compounded at 10%/yr and profit at -22%/yr. Book value has been broadly flat (0.7%/yr). Return on equity is a weak 1.0%. In the latest quarter profit fell 70% versus the prior quarter.
At 64× earnings, the stock sits at the 60th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price already implies ~25%/yr earnings growth sustained for a decade — a demanding bar. The forensic screen raises 2 red flags: Only ₹-15.23 of cash per ₹1 profit over 4 years — earnings not converting to cash; 79% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 63.95 | 22.25 | worse |
| P/B | 0.49 | 2.6 | better |
| EV/EBITDA | 17.09 | 30.35 | better |
| ROE | 1.04 | 6.19 | worse |
| ROCE | 3.49 | — | — |
| ROA | 0.3 | — | — |
| Quick Ratio | 1.43 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Larsen & Toubro | 27.1 | 5.0 | 15.8% |
| RVNL | 44.7 | 4.1 | 8.9% |
| ACME Solar Holdings | 36.9 | 3.3 | 9.1% |
10% CAGR — growing but slowly. Growth is accelerating — latest year outpaced the prior year's rate.
Revenue is outpacing profit (10% vs -22%) — costs are rising faster than the top line.
Operating margin has compressed from 3% to 1% — costs or competition are eating into profitability.
ROE at 1% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -23% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
3 of 4 years had negative operating cash flow — profitability on paper may not translate to cash.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Wide quarterly swings (71% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 228% above earlier ones.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit fell 70% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly net margins are expanding (-9% → 0%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 74.6% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.