Investor presentationJun 2026
Jun 2026 · PPT
Source: Nse
Akanksha Power and Infrastructure Ltd. (AKANKSHA)
SME CapPower stocks · SME cap · NSE
Akanksha Power & Infrastructure Ltd. (APIL) is an end-to-end power quality and smart energy solutions provider. It manufactures advanced capacitor technologies, protection and measurement solutions, smart metering systems, and integrated energy analytics platforms, serving utilities and industries.
Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am ISTDetails
Quote21 Oct, 04:45 am IST
Base fundamentals16 Oct 2026 · screener
Latest result12 Jun, 01:15 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Power P/E 16.8 (n=92)
Technical timing lens
Trend score and candlestick chart
65BullishSMA20 +30.9% / mo · MACD − · near 52W high
Stock trend: 65
Sector RS: —
Power FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
AKANKSHAD candles · FIT view+116.8%Latest close ₹170.20 on 2026-10-19
Bar
-4.9%
RSI
55
MACD hist
-1.58
52W pos
80%
2026-10-19O ₹179.00H ₹179.00L ₹170.20C ₹170.20Vol 15,000 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
AKANKSHANifty PowerNifty 500
- AKANKSHA
- +87.0%
- Nifty 500
- -5.6%
- Nifty Power
- -13.0%
- Vs Nifty 500
- +92.6 pp
Chart stats
19 Oct 2026- From 52W high
- -14.4%
- 52W range position
- 80%
- ATR (14)
- 5.3%
- Volume vs 20D
- 0.18x
- Avg traded value
- ₹1.4 Cr
- 20D price channel
- ₹140 - ₹198.9
₹198.9
₹57 - ₹198.9
₹9.1
Latest completed session
20-session average
57.7% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, while price trend supports entry. This looks more like momentum/speculation than a clean fundamental investment setup.
Weak U-Score but strong trend: momentum may be ahead of fundamentals.
Suggested next step
Momentum only
Trend is strong but fundamentals do not support a clean investment thesis.
U-Score
Legacy · OVERVALUED23
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent100
Revenue +37.6% · PAT +72.5% YoY
Technical
Bullish65
Price trend and sector-relative-strength timing.
Valuation
Legacy model-127.3%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence63
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Excellent · 100/100Rev +38% YoY · PAT +73% YoY · margin expansion · +13% QoQ · operating leverage
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹46 Cr | +37.6% | +13.4% |
| EBITDA | ₹6.3 Cr | NDF | +26.5% |
| Operating margin | 13.6% | NDF | +141 bps |
| PAT | ₹3.3 Cr | +72.5% | +39.9% |
| PAT margin | 7.2% | NDF | +137 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 60.50
- P/B
- 4.89
- EV/EBITDA
- 30.91
- Market Cap
- 351.00Cr
Profitability
- ROE
- 8.41%
- ROCE
- 11.00%
- ROA
- 4.14%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 25.74%
- EPS 5Y
- 27.24%
- Revenue 3Y
- 26.00%
- EPS 3Y
- 26.00%
Balance Sheet
- Debt/Equity
- 0.60
- Interest Coverage
- 3.13×
- Altman Z
- 4.64
- Book Value
- 36.60
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 0/5
- OCF
- 10.18 Cr
- EPS TTM
- 2.98
Shareholding
- Promoter Hold
- 57.51%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 86%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 86.5+11.3% vs prev
Net Profit
₹ CrLatest: 5.7+33.1% vs prev
Return on Equity
%Latest: 8.0+22.5% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 55. Wait for confirmation.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 rising (~23.6% over last month) — short-term momentum positive.
- RSI(14) at 55 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 14% off 52W high · 199% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
96
RS percentile
Stage 2 UptrendEstablished S2
1M return
+21.9%
3M return
+89.7%
6M return
+129.8%
1Y return
+86.6%
RS 1D
0
RS 20D
+3
Sector rank
#11
Industry rank
-
Stage evidence
- Price is 64.7% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +14.2%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
10 Jul 2026
S2 age
69 trading sessions
Sector
neutral
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
249 observations
19 Oct 2026Value 196.19-4.01%
RS vs Nifty 500196
Valuation & peers
U-Score 23 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 23 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation0/30
Growth16/25
Quality0/20
Balance Sheet5/15
Cash Flow1/10
Piotroski
8/9 (+5)
Penalties
-4
Raw sum
23
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
23/100 · legacy band OVERVALUED
Positive drivers
- Piotroski is strong at 8/9.
- Growth contributes 16/25 to the score.
- Balance sheet contributes 5/15 to the score.
Main drags
- Penalty bucket subtracts 4 points.
- Fair-value margin of safety is negative at -127.3%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
Sector valuation model
Execution business valuation: EV/EBITDA plus order and working-capital risk
Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
60.5
PB
4.9
EV/EBITDA
30.9
ROE
8.4%
ROCE
11.0%
FCF Yield
—
Debt/Equity
0.6
MoS
-127.3%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
23
Previous: 23
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-127.3%
Previous: -127.3%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
23
23
23
23
23
23
23
23
23
23
23
23
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹49.54
-243.6% MoS
Growth-justified P/E
25.1
Growth-justified Value
₹74.89
-127.3% MoS
PEG
2.26
Comparable companies
Peers
Business-comparable peers in Power — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
JAINIK
SME
Jainik Power Cables Ltd.
Electrical Equipment
match 88
58
17.5
25.6%
+30%
FAIR VALUE
SHERA
SME
Shera Energy Ltd.
Metals & Mining
match 88
61
13.4
16.9%
+49%
UNDERVALUED
GOLDSTAR
SME
Goldstar Power Ltd.
Power
match 87
77
6.1
29.8%
+75%
DEEP VALUE
GVKPIL
Small
GVK Power & Infrastructure Limited
Power Generation
match 87
23
—
—
—
OVERVALUED
LAKSHYA
SME
Lakshya Powertech Ltd.
Electrical Equipment
match 87
21
9.8
9.8%
-29%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis intactReviewed 2026-07-14T07:47:07.361Z
Management commentary snapshot
APIL reported strong FY26 performance with 16.36% revenue growth, 38.40% operating profit growth, and 33.56% net profit growth, driven by improved operating efficiency and initial contributions from a newly commissioned capacitor manufacturing facility.
APIL's FY26 results show robust profitability growth exceeding revenue, indicating improved efficiency. The significant fixed asset expansion and new TDK facility, though contributing minimally this year, are expected to drive future growth and ROCE improvement, supporting the long-term thesis.
Growth engines
New Capacitor Manufacturing Facility
Successful acquisition, commissioning, and commercialization of the Medium Voltage APP Capacitor Manufacturing Facility along with advanced technology from TDK.
Expanded Product Portfolio
Expanded its product portfolio through the introduction of advanced capacitor technologies, protection and measurement solutions, smart metering systems, and integrated energy analytics platforms.
Growing Order Book
Resulted in significant order inflows and a robust order book, providing strong visibility for sustained growth in the years ahead.
Global Customer Additions
Successfully secured business from several reputed global organizations, including GE Vernova, National Electrical Industries Company (NEI), and EPKOM.
Capacity and execution
TDK Capacitor Manufacturing Facility
World Class Capacitor manufacturing Plant installed, commissioned and commercialized. The plant commenced operations towards the end of the financial year.
Future Capacity Utilization
Expect the plant to achieve higher capacity utilization in FY 2026-27, which is anticipated to drive a meaningful increase in production volumes.
Tailwinds
Government Focus on Power Infrastructure
Aligned with the Government's focus on strengthening power infrastructure and evolving global market requirements.
Improved Operating Efficiency
Operating Profit growth of 38.40%, significantly higher than revenue growth, indicating improved operating efficiency.
Strong Customer Relationships
Despite challenges, the Company delivered a strong 16% growth in sales, reflecting resilient demand and strong customer relationships.
Headwinds
TDK Facility Relocation & Commissioning
Industry-wide challenges and supply-side constraints associated with the relocation and commissioning of the TDK Capacitor Manufacturing Facility.
Temporary Capacitor Availability Constraints
The relocation and transfer of the facility led to temporary constraints in capacitor availability, a key input for PQS systems, impacting operations during FY 2025-26.
Risk radar
Capacity Underutilization
A considerable portion of the newly created capacity has not yet contributed fully to current-year sales.
ROCE Dilution from Capex
ROCE moderated from 13.13% in Mar-24 to 11.00% in Mar-26... primarily attributable to the substantial CAPEX incurred for acquisition and commissioning of the TDK Capacitor Manufacturing Line.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare YOY
The document explicitly provides annual financial results for FY2025-26 compared to FY2024-25, making year-over-year comparison the most relevant for assessing annual performance and strategic milestones.
Sector KPIs management disclosed
Sales Growth
Sales increased by 16.36% from X78.74 Cr to X91.62 Cr.
Operating Profit Margin
OPM improved from 10.45% to 12.43% (up by 1.98 percentage points).
Fixed Asset Growth
Fixed Asset Growth during FY 2025-26: 153.94%.
Cash Conversion Cycle
The Cash Conversion Cycle improved significantly from 210.95 days in Mar-25 to 126.94 days in Mar-26, a reduction of approximately 84 days (40%).
Management forward view
Future Benefits of TDK Investment
The full financial benefits of this investment are expected to materialize over the coming years.
Strategic Focus Areas
Focus on: Scaling manufacturing operations, expanding domestic and international market presence, strengthening our technology leadership in power quality and smart energy solutions.
FY27 Outlook
Well positioned to achieve accelerated revenue growth, improved profitability, and enhanced returns on capital employed in FY 2026-27.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Capacity Utilization of TDK Facility | Limited contribution to revenue during FY 2025-26. | Higher capacity utilization in FY 2026-27. |
| Order Book Growth | Robust order book, providing strong visibility for sustained growth. | Continued growth in order inflows and execution of marquee projects. |
| ROCE Improvement | ROCE moderated from 13.13% to 11.00% due to CAPEX. | Improved asset utilization, higher turnover, and a corresponding improvement in ROCE. |
| New Product Commercialization | Trial products are under testing. | Successful launch and revenue contribution from new products like PDU, PDMU, and IoT Gateway. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust Score
63Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 38th percentile of the scored universe and 41st percentile within Power. Main check: cash conversion is weak at 43/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
4 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
38th percentile
overall median 67 · Power: 41st pctile, median 65 · SME: 45th pctile, median 64
Evidence depth
Financial-only
4 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
43
weak · profit to cash conversion
Balance sheet
73
acceptable · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
55
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 57.5%.
- ▸Promoter pledge is zero.
Trust risks
- ▸Promoter holding fell 3.3%.
- ▸Only 0 years of positive FCF.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Akanksha Power and Infrastructure Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportMar 2026
Sep 2026 · Shareholders meeting 8 Sep - 18th AGM on 30 September 2026; FY26 annual report and audited statements shared.
Source: Nse
Investor presentationSep 2025
Sep 2025 · PPT
Source: Nse
Investor presentationJun 2025
Jun 2025 · PPT
Source: Nse
Annual report
Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.