Sadbhav Engineering Ltd
Sadbhav Engineering Limited is engaged in the business of development of infrastructure facilities in areas of canals, irrigations projects, roads, bridges etc. [1]
- Market Cap ₹ 490 Cr.
- Current Price ₹ 28.6
- High / Low ₹ 34.3 / 8.50
- Stock P/E
- Book Value ₹ 7.34
- Dividend Yield 0.00 %
- ROCE 4.85 %
- ROE -60.2 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 3.87 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -18.6% over past five years.
- Promoter holding is low: 37.8%
- Company has a low return on equity of -32.8% over last 3 years.
- Contingent liabilities of Rs.169 Cr.
- Promoters have pledged 81.3% of their holding.
- Debtor days have increased from 55.9 to 79.2 days.
- Promoter holding has decreased over last 3 years: -8.95%
* 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
Sector: Construction Industry: Construction
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2,866 | 2,160 | 2,733 | 3,447 | 4,066 | 4,498 | 4,975 | 5,240 | 3,487 | 2,243 | 1,908 | 1,777 | 1,876 | |
2,450 | 1,829 | 2,290 | 2,861 | 3,064 | 3,302 | 3,493 | 3,759 | 2,342 | 1,645 | 2,255 | 1,729 | 1,776 | |
Operating Profit | 417 | 331 | 443 | 586 | 1,002 | 1,196 | 1,481 | 1,481 | 1,145 | 598 | -348 | 48 | 100 |
OPM % | 15% | 15% | 16% | 17% | 25% | 27% | 30% | 28% | 33% | 27% | -18% | 3% | 5% |
26 | 163 | 152 | 56 | 107 | 154 | 114 | 319 | 1,873 | 377 | 755 | 31 | -36 | |
Interest | 156 | 304 | 452 | 617 | 1,075 | 1,191 | 1,313 | 1,329 | 1,411 | 1,003 | 975 | 661 | 356 |
Depreciation | 86 | 171 | 130 | 223 | 233 | 321 | 358 | 392 | 401 | 211 | 167 | 131 | 130 |
Profit before tax | 200 | 18 | 12 | -198 | -199 | -162 | -76 | 79 | 1,206 | -239 | -735 | -713 | -422 |
Tax % | 40% | 237% | -118% | -17% | -11% | -6% | -50% | 168% | 8% | 1% | 1% | 2% | |
117 | -30 | 26 | -235 | -221 | -172 | -114 | -54 | 1,106 | -237 | -728 | -699 | -413 | |
EPS in Rs | 8.13 | 0.50 | 2.93 | -10.23 | -6.02 | -3.15 | -0.18 | 1.23 | 46.21 | -9.03 | -42.18 | -34.34 | -22.87 |
Dividend Payout % | 7% | 121% | 24% | -7% | -12% | -24% | -555% | 81% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -2% |
5 Years: | -19% |
3 Years: | -20% |
TTM: | -7% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -17% |
TTM: | 87% |
Stock Price CAGR | |
---|---|
10 Years: | -12% |
5 Years: | -36% |
3 Years: | -24% |
1 Year: | 207% |
Return on Equity | |
---|---|
10 Years: | -15% |
5 Years: | -24% |
3 Years: | -33% |
Last Year: | -60% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 15 | 15 | 15 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
Reserves | 1,158 | 1,195 | 1,235 | 1,520 | 992 | 889 | 874 | 818 | 1,584 | 1,428 | 784 | 158 | 109 |
3,487 | 4,564 | 5,572 | 6,963 | 9,001 | 10,080 | 10,056 | 11,143 | 6,768 | 7,103 | 6,159 | 5,151 | 4,507 | |
912 | 872 | 1,049 | 3,433 | 2,748 | 2,804 | 3,913 | 4,024 | 3,839 | 3,842 | 3,968 | 4,377 | 3,842 | |
Total Liabilities | 5,573 | 6,646 | 7,871 | 11,933 | 12,759 | 13,790 | 14,860 | 16,002 | 12,207 | 12,390 | 10,928 | 9,704 | 8,475 |
1,252 | 3,204 | 5,292 | 7,721 | 8,730 | 10,057 | 9,792 | 9,727 | 4,461 | 4,234 | 411 | 318 | 254 | |
CWIP | 2,611 | 1,636 | 775 | 2,010 | 1,579 | 190 | 291 | 96 | 99 | 100 | 4 | 4 | 4 |
Investments | 40 | 33 | 128 | 31 | 33 | 60 | 48 | 105 | 730 | 730 | 177 | 122 | 1 |
1,670 | 1,774 | 1,675 | 2,171 | 2,418 | 3,484 | 4,727 | 6,074 | 6,917 | 7,327 | 10,336 | 9,260 | 8,215 | |
Total Assets | 5,573 | 6,646 | 7,871 | 11,933 | 12,759 | 13,790 | 14,860 | 16,002 | 12,207 | 12,390 | 10,928 | 9,704 | 8,475 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
605 | 212 | 786 | 385 | 787 | 366 | 1,274 | 245 | 597 | 1,184 | -3,095 | 1,788 | |
-2,031 | -1,097 | -1,441 | -1,357 | -1,676 | -220 | -94 | -4 | 1,311 | 118 | 5,252 | 32 | |
1,483 | 753 | 706 | 1,037 | 810 | -186 | -1,126 | -226 | -1,947 | -1,288 | -2,107 | -1,870 | |
Net Cash Flow | 56 | -132 | 52 | 64 | -79 | -41 | 53 | 15 | -38 | 14 | 49 | -50 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 88 | 120 | 77 | 72 | 73 | 129 | 102 | 76 | 13 | 27 | 62 | 79 |
Inventory Days | 98 | 139 | 158 | 106 | 54 | 53 | 55 | 85 | 142 | 148 | 187 | 98 |
Days Payable | 368 | 481 | 375 | 235 | 150 | 243 | 236 | 283 | 703 | 946 | 1,170 | 2,018 |
Cash Conversion Cycle | -182 | -222 | -140 | -57 | -23 | -60 | -79 | -122 | -549 | -772 | -922 | -1,841 |
Working Capital Days | 62 | 103 | 42 | 58 | 29 | 84 | 106 | 41 | 123 | 241 | 484 | 521 |
ROCE % | 9% | 5% | 5% | 5% | 9% | 9% | 11% | 12% | 11% | 8% | 5% | 5% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Feb - Newspaper Publication of Financial Results for the quarter and nine months ended 31-12-2023 as per Regulation 47 of SEBI (LODR) Regulations, 2015.
- Intimation Of Comments Made By Board On Non-Compliance With The Requirements Pertaining To Waiver Of Fines Levied Pursuant To SEBI Circular SEBI/HO/DDHS/DDHS_Div1/P/CIR/2022/0000000103 Dated July 29, 2022. (Erstwhile SEBI Circular SEBI/HO/DDHS_Div2/P/CIR/2021/699 Dated December 29, 2021). 9 Feb
- A. Standalone And Consolidated Unaudited Financial Results Of The Company For Quarter And Nine Months Ended On 31St December, 2023. B. Standalone Limited Review Report With Modified Opinion And Consolidated Limited Review Report With Disclaimer Opinion For Unaudited Financial Results Of The Company For The Quarter And Nine Months Ended On 31St December, 2023. 9 Feb
- Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Sadbhav Engineering Limited ('The Company') Held On 09Th February, 2024. 9 Feb
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015.
3 Feb - Disclosure under Regulation 30 of the SEBI (LODR) Regulations. 2015-Filing of Revision application with the office of the Joint Director Department of Mining and Geology,Tumkur.
Annual reports
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Financial Year 2023
from bse
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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
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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
Services
The Co is engaged in the business of development of infrastructure facilities.
It also establishes, maintains, operates, leases or transfers the above infrastructure facilities on BOT, BOLT and BOOT basis. It is also engaged in the business of energy generation through the Wind Power Project. [1][2]