Sadbhav Infrastructure Projects Ltd

₹ 7.35 3.52%

26 Apr - close price

sadbhavinfra.co.in BSE: 539346 NSE - BE : SADBHIN

About

Incorporated in 2007, Sadbhav Infrastructure Project Ltd deals in Build Operat and Transfer (BOT)/ Annuity Projects and its related
activities^[1]

Key Points

Business Overview:^[1]^[2]
SIPL is a subsidiary of SEL and an asset holding company for road and other Infrastructure BOT projects. It does development, operation and maintenance of road infrastructure assets. SIPL undertakes infrastructure development projects through Special Purpose Vehicles (SPVs) as per concession agreements

Website BSE NSE - BE

Market Cap ₹ 259 Cr.
Current Price ₹ 7.35
High / Low ₹ 9.31 / 3.50
Stock P/E
Book Value ₹ 25.4
Dividend Yield 0.00 %
ROCE 2.14 %
ROE -2.78 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Company has reduced debt.
Stock is trading at 0.29 times its book value

Cons

Company has low interest coverage ratio.
The company has delivered a poor sales growth of -23.3% over past five years.
Company has a low return on equity of -2.11% over last 3 years.
Contingent liabilities of Rs.383 Cr.
Promoters have pledged 98.2% of their holding.
Company has high debtors of 450 days.
Company's cost of borrowing seems high

* 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: Infrastructure Developers & Operators Industry: Construction

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
	45	60	33	59	64	49	24	30	22	13	13	8	2
	19	47	19	53	48	54	18	31	18	12	16	10	7
Operating Profit	26	13	13	6	16	-5	6	-1	4	1	-3	-3	-5
OPM %	58%	21%	41%	10%	25%	-11%	24%	-2%	17%	11%	-26%	-33%	-293%
	9	44	-55	2	5	-66	-114	-179	4	10	-72	-242	-79
Interest	33	40	41	34	34	33	33	32	31	32	29	29	29
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	2	17	-82	-26	-14	-104	-141	-212	-23	-21	-105	-274	-113
Tax %	26%	20%	22%	30%	23%	6%	0%	6%	20%	110%	0%	0%	0%
	1	13	-64	-18	-10	-98	-141	-200	-19	2	-105	-274	-113
EPS in Rs	0.04	0.38	-1.83	-0.52	-0.30	-2.79	-4.01	-5.68	-0.53	0.06	-2.99	-7.77	-3.22
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	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
	74	90	91	70	86	285	338	295	182	193	204	89	36
	52	78	60	65	47	131	116	84	226	91	174	79	45
Operating Profit	21	11	31	6	39	155	221	211	-44	102	30	10	-9
OPM %	29%	13%	35%	8%	46%	54%	66%	71%	-24%	53%	15%	11%	-26%
	22	27	25	37	102	28	47	58	696	54	-114	-279	-384
Interest	4	21	53	104	146	130	163	175	213	128	143	128	120
Depreciation	0	0	0	0	0	1	0	0	0	0	0	0	0
Profit before tax	39	17	3	-61	-5	53	105	94	439	29	-227	-397	-513
Tax %	33%	30%	76%	-4%	-4%	22%	35%	40%	14%	24%	15%	10%
	26	12	1	-63	-5	41	68	57	377	22	-192	-358	-490
EPS in Rs	10.74	4.47	0.31	-2.03	-0.14	1.17	1.92	1.61	10.69	0.62	-5.44	-10.15	-13.92
Dividend Payout %	0%	0%	0%	0%	0%	0%	26%	31%	0%	0%	0%	0%

Compounded Sales Growth
10 Years:	0%
5 Years:	-23%
3 Years:	-21%
TTM:	-71%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	21%
TTM:	-41%

Stock Price CAGR
10 Years:	%
5 Years:	-39%
3 Years:	-28%
1 Year:	99%

Return on Equity
10 Years:	-2%
5 Years:	-3%
3 Years:	-2%
Last Year:	-3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	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	24	26	26	311	352	352	352	352	352	352	352	352	352
Reserves	666	801	801	533	944	990	1,050	1,085	1,449	1,471	1,279	922	543
Preference Capital	2	2	2	0	0	0	0	0	0	0	0	0
	125	348	671	1,258	1,083	1,287	1,366	1,635	824	1,024	822	760	647
	71	55	92	103	116	147	345	345	406	247	239	275	279
Total Liabilities	886	1,229	1,590	2,204	2,495	2,777	3,112	3,418	3,031	3,094	2,693	2,309	1,821
	2	2	1	1	0	1	0	0	0	0	0	0	0
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments	194	211	313	414	2,134	2,257	2,423	2,621	2,595	2,719	2,194	1,701	1,489
	689	1,017	1,276	1,788	361	519	688	796	437	375	498	608	332
Total Assets	886	1,229	1,590	2,204	2,495	2,777	3,112	3,418	3,031	3,094	2,693	2,309	1,821

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
	8	-37	19	20	23	132	236	120	89	71	12	21
	-131	-290	-310	-557	-198	-246	-250	-210	977	-25	353	81
	123	326	292	537	178	113	12	89	-1,064	-67	-312	-152
Net Cash Flow	0	-0	1	0	3	-1	-2	-1	2	-21	53	-51

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	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	38	46	239	213	158	86	130	182	274	289	209	450
Inventory Days						0
Days Payable
Cash Conversion Cycle	38	46	239	213	158	86	130	182	274	289	209	450
Working Capital Days	223	470	452	1,277	1,097	506	316	487	248	72	135	157
ROCE %	6%	4%	4%	2%	4%	7%	10%	10%	1%	4%	2%	2%

Shareholding Pattern

Numbers in percentages

	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
	70.34%	70.34%	70.34%	70.34%	70.34%	70.34%	70.34%	70.34%	70.34%	70.34%	70.34%	70.34%
	2.29%	0.25%	0.27%	0.30%	0.30%	0.11%	0.11%	0.06%	0.06%	0.06%	0.06%	0.06%
	8.23%	3.06%	2.99%	2.70%	2.49%	1.93%	1.08%	0.66%	0.66%	0.66%	0.66%	0.66%
	19.14%	26.35%	26.41%	26.66%	26.87%	27.63%	28.47%	28.94%	28.93%	28.93%	28.93%	28.93%
No. of Shareholders	23,021	36,227	37,574	40,649	41,267	43,409	44,617	43,994	42,979	42,227	42,111	45,496

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	69.28%	69.35%	69.63%	70.08%	70.34%	70.34%	70.34%	70.34%
	6.48%	10.96%	11.38%	2.61%	2.53%	0.30%	0.06%	0.06%
	5.02%	6.21%	5.69%	9.19%	8.23%	2.70%	0.66%	0.66%
	0.00%	0.00%	0.00%	0.00%	0.01%	0.00%	0.00%	0.00%
	19.22%	13.49%	13.30%	18.12%	18.89%	26.66%	28.94%	28.93%
No. of Shareholders	7,077	9,287	7,928	9,995	16,539	40,649	43,994	45,496

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

All

Annual reports

DRHP

Credit ratings

Concalls

Jul 2021
Transcript
PPT
Feb 2021
Transcript
PPT
Sep 2020
Transcript
PPT
Jul 2020
Transcript
PPT
Aug 2019
Transcript
PPT
Feb 2019
Transcript
PPT
Nov 2018
Transcript
PPT
Aug 2018
Transcript
PPT
May 2018
Transcript
PPT
Nov 2017
Transcript
PPT
Aug 2017
Transcript
PPT
Feb 2017
Transcript
PPT
Nov 2016
Transcript
PPT
Sep 2016
Transcript
PPT
Apr 2016
Transcript
PPT