Synopsis:
Akash Infra-Projects Limited secured a ₹13.73 crore work order for widening, resurfacing, and strengthening roads in Gandhinagar.
This Penny stock, engaged in civil construction, mainly government contracts for building, resurfacing, widening, and repairing roads, bridges, commercial complexes, and hospitals, jumped 2 percent after receiving an order worth Rs. 14 crore from the Government of Gujarat.
With a market capitalization of Rs. 44.31 crores, the share of Akash Infraprojects Limited has reached an intraday high of Rs. 26.91 per equity share, rising nearly 1.74 percent from its previous day’s close price of Rs. 26.45. Since then, the stock has retreated and is currently trading at Rs. 26.28 per equity share.
What is the news?
Akash Infra-Projects Limited has received a new work order dated 04th September 2025 from the Executive Engineer, Capital Planning Department, Gandhinagar. The order, valued at Rs. 13.73 crore, is for widening, resurfacing, and strengthening of Pashujaivik and GEB roads. This strengthens the company’s growing project portfolio.
Company Overview
Akash Infra-Projects Limited is a Gujarat-based company engaged in civil construction, specializing in roads, bridges, culverts, dams, godowns, and building construction. It is classified as an AA-class and SPL Category-1 (Road work) contractor approved by the Government of Gujarat, with significant experience in government civil infrastructure projects since its incorporation in 1999.
Akash Infra-Projects Limited is engaged in civil construction, including roads, bridges, and culverts, along with trading in lubricants, turnkey hospital projects, and the development of commercial complexes and buildings. The company has built a strong presence in Gujarat with material mix plants operating across seven locations in the state.
Over the years, Akash Infra-Projects Limited has successfully executed key projects for reputed government bodies such as AMC, AUDA, the R&B Department, and GUDA. With its diverse portfolio and proven track record, the company continues to strengthen its position as a reliable infrastructure and construction partner.
Recent quarter results
Coming into financial highlights, Akash Infraprojects Limited’s revenue has increased from Rs. 14.69 crore in Q1 FY25 to Rs. 21.21 crore in Q1 FY26, which has grown by 44.38 percent. The net profit has decreased by 51.43 percent from Rs. 0.35 crore in Q1 FY25 to Rs. 0.17 crore in Q1 FY26.
In terms of return ratios, the company’s ROCE and ROE stand at 3.33 percent and 0.65 percent, respectively. Akash Infraprojects Limited has an earnings per share (EPS) of Rs. 0.33, and its debt-to-equity ratio is 1.02x.
Written By – Nikhil Naik
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