Akash Infra-Projects Limited

NSE AKASH.NS

Akash Infra-Projects Limited Interest Coverage Ratio for the year ending March 31, 2024: 1.14

Akash Infra-Projects Limited Interest Coverage Ratio is 1.14 for the year ending March 31, 2024, a -10.96% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Akash Infra-Projects Limited Interest Coverage Ratio for the year ending March 31, 2023 was 1.28, a -39.25% change year over year.
Akash Infra-Projects Limited Interest Coverage Ratio for the year ending March 31, 2022 was 2.11, a 54.84% change year over year.
Akash Infra-Projects Limited Interest Coverage Ratio for the year ending March 31, 2021 was 1.37, a 7.67% change year over year.
Akash Infra-Projects Limited Interest Coverage Ratio for the year ending March 31, 2020 was 1.27, a -28.20% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

NSE: AKASH.NS

Akash Infra-Projects Limited

CEO	Mr. Ambusinh Punjaji Gol
IPO Date	March 16, 2017
Location	India
Headquarters	Abhishek Complex
Employees	32
Sector	Consumer Discretionary
Industries Hotels Banking & Lending Cement Construction Construction Materials Homebuilding Hospitality

Description

Akash Infra-Projects Limited engages in the civil construction business in India. It undertakes various government contracts for the construction, resurfacing, widening, and repair of roads and bridges. The company is also involved in the construction of buildings, culverts, dams, godowns, etc.; and mining business. In addition, it operates and manages hotel under the Pathikashram name; and provides finance and real estate services, as well as operates a retail petroleum outlet in Gujarat, India. The company was founded in 1997 and is based in Gandhinagar, India.

Key trends

Past 5 years