Sadbhav Engineering Ltd.

•

sadbhav.co.inBSE: 532710NSE: SADBHAV

Market Cap₹ 136 Cr.

Current Price

High / Low₹ 15 / 6

Stock P/E4.5

Book Value₹ -6

Price to Book-0.77

Dividend Yield0.00 %

ROCE9.2 %

ROE0.0 %

Face Value₹ 1

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2017 • Construction & Engineering: 77.2% • BOT (Toll & Annuity): 22.8%

AI Sector View

AI GENERATED

Construction

Buy

Construction fundamentals are strong, led by government and infrastructure spending. Capital expenditure was up 66% YoY (2026-06), cement output grew 13.1% YoY (2026-07), and the sector also benefits from improving housing and GFCF conditions. FPI flows turned supportive with INR 1720 crore net inflow over 3 months to 2026-08-31 from INR -9439 crore in the prior 3 months, reinforcing the positive view.

Confidence

80%

View full sector analysis →

PROS

Company is almost debt free
Latest quarter profit grew 47.8% YoY, showing strong momentum
Operating margins have improved to 40.2% from 30.0%
Working capital cycle has improved - days down from -50 to -297
Company generates healthy free cash flow

CONS

Net worth is negative - accumulated losses have eroded equity
Company is loss-making at the operating / net level
Company has a low return on equity of -1206.5% over last 3 years
Company has a low return on capital employed of 1.1%
Promoter holding has decreased over last 2 years: -10.7pp
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -1.96x)

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

ConstructionInfrastructureEngineering - Construction

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	LT	3915.00	32.47	538651.57	0.97	4988.03	15.51	67941.74	6.69	15.98	12.00
2.	RVNL	205.00	47.52	42742.91	0.35	159.52	18.73	4321.23	10.55	10.81	4.41
3.	KPIL	1435.05	21.56	24506.71	0.77	311.53	45.85	6407.97	3.84	18.95	8.77
4.	IRB	19.64	24.86	23721.19	1.32	3062.70	1412.58	21372.72	918.25	7.72	53.93
5.	CEMPRO	1244.10	35.53	21372.09	0.24	140.83	2.64	2720.92	7.02	33.53	10.09
6.	ENGINERSIN	269.20	19.30	15130.18	1.86	157.94	141.49	819.84	-5.80	30.94	20.61
7.	TECHNOE	972.50	26.24	11310.13	0.72	93.33	-31.44	630.34	19.84	14.86	15.79
8.	WELENT	782.75	35.45	10834.34	0.38	56.36	-44.29	773.72	-8.44	16.44	19.49
9.	KEC	406.45	19.54	10819.70	1.35	72.62	-41.72	5023.54	0.01	16.35	5.79
10.	IRCON	113.20	20.33	10646.64	1.68	92.03	-43.92	1955.83	9.49	10.15	9.81
11.	AFCONS	253.95	64.55	9339.89	0.79	30.30	-77.95	2671.00	-20.75	12.88	9.42
12.	SADBHAV	7.90	4.55	135.54	0.00	46.10	47.82	204.04	-8.09	9.19	74.91

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	711	438	301	473	301	206	240	290	222	250	230	271	204
	558	332	245	707	202	105	114	198	75	103	64	200	154
Operating Profit	153	107	56	-234	99	101	126	91	147	147	166	71	50
OPM %	21.50%	24.31%	18.59%	-49.59%	32.93%	49.07%	52.31%	31.54%	66.14%	58.94%	72.16%	26.33%	24.41%
	19	-225	-70	87	15	87	40	-67	24	60	-83	199	32
Interest	143	151	140	126	108	104	140	105	94	140	110	70	66
Depreciation	33	32	32	31	32	31	32	32	34	32	34	39	37
Profit before Tax	-4	-302	-186	-305	-26	53	-7	-113	43	35	-61	161	60
Tax %	-333.51%	2.90%	1.62%	5.37%	-17.41%	12.10%	-148.56%	-46.56%	27.30%	23.32%	-39.54%	24.19%	23.09%
Net Profit	0	0	0	0	-31	47	-16	-165	31	27	-86	122	46
	-0.60	-12.25	-8.57	-15.32	-1.82	1.60	-1.56	-9.01	0.71	0.33	-4.23	4.73	0.91

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	4,066	4,498	4,975	5,240	3,487	2,243	1,908	1,777	1,923	1,036	955
	3,066	3,305	3,498	3,758	2,344	1,644	2,255	1,729	1,842	619	520
Operating Profit	1,000	1,193	1,477	1,482	1,143	599	-347	48	81	417	434
OPM %	24.60%	26.53%	29.68%	28.29%	32.79%	26.72%	-18.21%	2.71%	4.22%	40.24%	45.49%
	109	156	119	319	1,876	377	755	31	-189	75	208
Interest	1,075	1,191	1,313	1,330	1,412	1,005	976	661	561	457	387
Depreciation	233	321	358	392	401	211	167	131	127	127	142
Profit before Tax	-199	-162	-76	79	1,206	-239	-735	-713	-795	-92	195
Tax %	-11.01%	-5.82%	-49.96%	168.39%	8.30%	0.60%	0.89%	1.96%	1.96%	-79.38%	43.77%
Net Profit	-221	-172	-114	-54	1,106	-237	-728	-699	-780	-166	110
EPS	0.00	0.00	0.00	0.00	0.00	-9.03	-42.18	-34.34	-36.73	-8.67	—
Dividend Payout %	-11.63%	-23.82%	-555.68%	81.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	—

COMPOUNDED SALES GROWTH

10 Years:: -11%
5 Years:: -22%
3 Years:: -18%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

10 Years:: -30%
5 Years:: -31%
3 Years:: -14%
1 Year:: -44%

RETURN ON EQUITY

10 Years:: -366%
5 Years:: -740%
3 Years:: -1207%
Last Year:: 0%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	17	17	17	17	17	17	17	17	17	17
Minority Interest	430	348	230	133	423	339	260	160	11	34
	992	889	874	818	1,584	1,428	784	158	-143	-258
	9,975	11,146	11,392	12,615	7,663	7,813	5,794	4,833	3,627	3,368
Trade Payables	391	561	706	599	729	889	674	680	410	436
	933	908	1,608	1,993	1,989	2,081	3,386	3,820	3,026	3,009
Total Liabilities	12,738	13,869	14,828	16,175	12,404	12,567	10,916	9,668	6,948	6,606
	8,730	10,055	9,790	9,725	4,460	4,233	410	317	197	136
Capital Work in Progress	0	7	2	3	4	4	4	4	4	4
	33	62	51	107	731	730	177	122	1	1
	141	123	164	179	147	139	107	33	6	4
	0	0	0	0	0	0	0	0	276	135
Cash & Bank	106	76	125	158	204	112	212	117	55	64
	3,728	3,546	4,696	6,002	6,857	7,349	10,005	9,074	6,409	6,262
Total Assets	12,738	13,869	14,828	16,175	12,404	12,567	10,916	9,668	6,948	6,606

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	1,407	401	1,460	498	695	1,201	-3,197	1,762	1,154	290
Cash from Investing	-1,376	-220	-94	-4	1,311	118	5,252	32	72	42
Cash from Financing	-21	-186	-1,126	-226	-1,947	-1,284	-2,107	-1,870	-1,283	-330
	-70	-41	53	15	-38	14	49	-58	-57	2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	36.22	36.22	36.22	36.22	36.22	25.52	25.52	25.52	25.52
	0.38	1.95	0.54	0.42	0.19	0.50	0.33	0.32	0.20
	8.92	3.40	2.13	0.36	0.36	0.00	0.00	0.00	0.00
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	54.49	58.44	61.11	63.01	63.23	73.97	74.14	74.15	74.28

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-08

Copy of Newspaper Publication

2026-09-08 - Sadbhav Engineering Limited has informed the Exchange about Copy of Newspaper Publication for Notice of 37th Annual General Meeting, E-Voting Information and Book Closure of the Company

2026-09-07

Shareholders meeting

2026-09-07 - Sadbhav Engineering Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026

2026-09-05

Copy of Newspaper Publication

2026-09-05 - Sadbhav Engineering Limited has informed the Exchange about Copy of Newspaper Publication for Notice of Annual General Meeting published on September 4, 2026

2026-09-01

Shareholders meeting

2026-09-01 - Sadbhav Engineering Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026

2026-09-01

Issue of Securities

2026-09-01 - Sadbhav Engineering Limited has informed the Exchange about Issuance of equity shares on preferential basis to Lenders and Promoters

2026-09-01

Outcome of Board Meeting

2026-09-01 - Sadbhav Engineering Limited has informed the Exchange regarding Outcome of Board Meeting held on September 01, 2026.

2026-08-25

Allotment of Securities

2026-08-25 - Sadbhav Engineering Limited has informed the Exchange regarding allotment of 16786 securities pursuant to Non Convertible Securities at its meeting held on August 25, 2026

2026-08-25

General Updates

2026-08-25 - Sadbhav Engineering Limited has informed the Exchange about General Updates regarding signing of the Deed Accession to the master Restructuring Agreement

2026-08-25

Corporate Debt Restructuring

2026-08-25 - Sadbhav Engineering Limited has informed the Exchange about Corporate Debt Restructuring- update as to the signing of Deed of Accession to Master Restructuring Agreement

News

Recent coverage and analyst commentary for SADBHAV

Loading news…

🤖

AI Stock Analyst

Sadbhav Engineering Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account