Synopsis: The shares of this company, after many days of sideways momentum, surged today by 20 percent after it reported a work order worth Rs 21.53 crore in the district of Sabarkantha.
The shares of this company, which is engaged in civil constructions and undertakes various government contracts for construction, resurfacing, widening and repairs of roads and minor bridges, mainly from the State Government, are in focus after an order with a size of 50 percent of its market cap.
With a market capitalization of Rs 48.82 crores, Akash Infraprojects Ltd’s shares on Thursday made a day high of Rs 28.95 per share, up by 20 percent, hitting the upper-circuit from its previous day’s close price of Rs 24.13 per share. The shares trade at 0.59 times its book value.
Significant Order
Akash Infra-Projects Limited has received a work order dated January 7, 2026, from the Office of the Executive Engineer, Roads & Buildings Department, Sabarkantha Panchayat, Himmatnagar.
The contract is valued at Rs 21.53 crore and involves the widening, strengthening, and resurfacing of various roads under the Himmatnagar R&B Panchayat in Sabarkantha district. The work will be carried out as required, including on an emergency basis.
This will boost the company’s future revenue, which was Rs 12.25 crore as of Q2 FY26. The revenue break-up as of the second quarter stood as: the construction segment contributed Rs 4.76 crore, the fuel and grocery segment contributed about Rs 7.48 crore and the rest of Rs 0.01 crore was contributed by other segments
About the company
Incorporated in 1999, Akash Infra-Projects Ltd operates in the civil construction space and is also engaged in the trading of lubricants. The company is an AA-class and SPL Category-1 contractor for road works, approved by the Government of Gujarat.
It has a strong track record in building and upgrading infrastructure such as roads, buildings, minor bridges, culverts, dams and godowns. Akash Infra primarily executes government projects across Gujarat, undertaking construction, resurfacing, widening, and repair works for state departments, municipal bodies and local authorities, largely through competitive tender bidding.
Financial Highlights: revenue from operations grew by 31 percent to Rs 12.06 crore in Q2 FY26, corresponding to the same quarter in the last financial year. Accompanied by a loss of Rs 1.09 crore in Q2 FY26, translating into a weak ROCE of 3.32 percent and ROE of 1 percent.
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