Sadbhav Engineering Ltd
Incorporated in 1988, Sadbhav Engineering
Ltd is an EPC contractor of road construction, mining and irrigation[1]
- Market Cap ₹ 241 Cr.
- Current Price ₹ 14.1
- High / Low ₹ 38.7 / 10.5
- Stock P/E
- Book Value ₹ -14.1
- Dividend Yield 0.00 %
- ROCE 10.2 %
- ROE %
- Face Value ₹ 1.00
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -21.6% over past five years.
- Promoter holding is low: 36.2%
- Contingent liabilities of Rs.741 Cr.
- Promoters have pledged or encumbered 80.4% of their holding.
- Promoter holding has decreased over last 3 years: -4.35%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2,733 | 3,447 | 4,066 | 4,498 | 4,975 | 5,240 | 3,487 | 2,243 | 1,908 | 1,777 | 1,923 | 1,036 | 958 | |
2,290 | 2,861 | 3,064 | 3,302 | 3,493 | 3,759 | 2,342 | 1,645 | 2,255 | 1,729 | 1,842 | 619 | 493 | |
Operating Profit | 443 | 586 | 1,002 | 1,196 | 1,481 | 1,481 | 1,145 | 598 | -348 | 48 | 81 | 417 | 465 |
OPM % | 16% | 17% | 25% | 27% | 30% | 28% | 33% | 27% | -18% | 3% | 4% | 40% | 49% |
152 | 56 | 107 | 154 | 114 | 319 | 1,873 | 377 | 755 | 31 | -189 | 75 | 84 | |
Interest | 452 | 617 | 1,075 | 1,191 | 1,313 | 1,329 | 1,411 | 1,003 | 975 | 661 | 560 | 457 | 443 |
Depreciation | 130 | 223 | 233 | 321 | 358 | 392 | 401 | 211 | 167 | 131 | 127 | 127 | 129 |
Profit before tax | 12 | -198 | -199 | -162 | -76 | 79 | 1,206 | -239 | -735 | -713 | -795 | -92 | -23 |
Tax % | -118% | 17% | 11% | 6% | 50% | 168% | 8% | -1% | -1% | -2% | -2% | 79% | |
26 | -235 | -221 | -172 | -114 | -54 | 1,106 | -237 | -728 | -699 | -780 | -166 | -104 | |
EPS in Rs | 2.93 | -10.23 | -6.02 | -3.15 | -0.18 | 1.23 | 46.21 | -9.03 | -42.18 | -34.34 | -36.72 | -11.04 | -8.26 |
Dividend Payout % | 24% | -7% | -12% | -24% | -555% | 81% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -11% |
5 Years: | -22% |
3 Years: | -18% |
TTM: | -37% |
Compounded Profit Growth | |
---|---|
10 Years: | 0% |
5 Years: | 2% |
3 Years: | 19% |
TTM: | 71% |
Stock Price CAGR | |
---|---|
10 Years: | -26% |
5 Years: | -23% |
3 Years: | -2% |
1 Year: | -62% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 15 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
Reserves | 1,258 | 1,520 | 992 | 889 | 874 | 818 | 1,584 | 1,428 | 784 | 158 | -143 | -258 |
5,572 | 6,963 | 9,001 | 10,080 | 10,056 | 11,143 | 6,768 | 7,103 | 6,159 | 5,151 | 4,133 | 3,778 | |
1,026 | 3,433 | 2,748 | 2,804 | 3,913 | 4,024 | 3,839 | 3,842 | 3,968 | 4,377 | 3,012 | 3,140 | |
Total Liabilities | 7,871 | 11,933 | 12,759 | 13,790 | 14,860 | 16,002 | 12,207 | 12,390 | 10,928 | 9,704 | 7,020 | 6,676 |
5,292 | 7,721 | 8,730 | 10,057 | 9,792 | 9,727 | 4,461 | 4,234 | 411 | 318 | 198 | 137 | |
CWIP | 775 | 2,010 | 1,579 | 190 | 291 | 96 | 99 | 100 | 4 | 4 | 4 | 4 |
Investments | 128 | 31 | 33 | 60 | 48 | 105 | 730 | 730 | 177 | 122 | 1 | 1 |
1,675 | 2,171 | 2,418 | 3,484 | 4,727 | 6,074 | 6,917 | 7,327 | 10,336 | 9,260 | 6,817 | 6,534 | |
Total Assets | 7,871 | 11,933 | 12,759 | 13,790 | 14,860 | 16,002 | 12,207 | 12,390 | 10,928 | 9,704 | 7,020 | 6,676 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
786 | 385 | 1,327 | 366 | 1,274 | 245 | 597 | 1,184 | -3,095 | 1,780 | 1,154 | 300 | |
-1,441 | -1,357 | -1,376 | -220 | -94 | -4 | 1,311 | 118 | 5,252 | 32 | 72 | 32 | |
706 | 1,037 | -21 | -186 | -1,126 | -226 | -1,947 | -1,288 | -2,107 | -1,870 | -1,283 | -330 | |
Net Cash Flow | 52 | 64 | -70 | -41 | 53 | 15 | -38 | 14 | 49 | -58 | -57 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 77 | 72 | 73 | 129 | 102 | 76 | 13 | 27 | 62 | 79 | 52 | 68 |
Inventory Days | 158 | 106 | 54 | 53 | 55 | 85 | 142 | 148 | 187 | 98 | 3 | |
Days Payable | 375 | 235 | 150 | 243 | 236 | 283 | 703 | 946 | 1,170 | 2,018 | 358 | |
Cash Conversion Cycle | -140 | -57 | -23 | -60 | -79 | -122 | -549 | -772 | -922 | -1,841 | 52 | -286 |
Working Capital Days | -20 | 15 | -25 | -17 | 26 | -11 | 47 | -41 | -47 | -89 | -60 | -288 |
ROCE % | 5% | 5% | 9% | 9% | 11% | 12% | 11% | 8% | 5% | 5% | 2% | 10% |
Documents
Announcements
- Approval Of Notice Of Annual General Meeting (AGM) Of The Company To Be Held On Tuesday, 30Th September, 2025 15h
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Announcement under Regulation 30 (LODR)-Change in Directorate
15h - Appointed Siddharth Bhupendrabhai Vyas as Non-Executive Director w.e.f. 04/09/2025; AGM on 30/09/2025.
-
Intimation Under Regulation 30 Of SEBI LODR Towards Circular Resolution Passed By The Board Of The Company On 4Th September, 2025
15h - Appointed Siddharth Bhupendrabhai Vyas as Non-Executive Director w.e.f. 04-09-2025; AGM set for 30-09-2025.
-
Board Meeting Outcome for Outcome Of Meeting Of Board Of Sadbhav Engineering Limited (The Company) Held On 2Nd September, 2025
2d - Board approved reappointment of auditors; approved unsecured borrowings up to Rs.300 Crore convertible to equity; AGM on 30 Sep 2025.
-
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
2d - Board approved up to Rs.300 Crore convertible unsecured loans; AGM on 30 Sept 2025; auditors reappointment for five years.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Concalls
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Jul 2021TranscriptPPT
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Feb 2021TranscriptPPT
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Sep 2020TranscriptPPT
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Jul 2020TranscriptPPT
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Apr 2020Transcript PPT
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Feb 2018TranscriptPPT
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Nov 2017TranscriptPPT
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Aug 2017TranscriptPPT
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May 2017TranscriptPPT
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Nov 2016TranscriptPPT
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Sep 2016TranscriptPPT
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Apr 2016TranscriptPPT
Business Overview:[1]
SEL, part of the Sadhbhav Group in Ahmedabad, focuses on infrastructure development. Their services span canals, irrigation, roads, bridges, and mining, covering civil, electrical, and mechanical contracting. They operate on BOT, BOLT, and BOOT models and undertake EPC contracts with subsidiaries