About
Sadbhav Engineering Limited engages in engineering, construction, and infrastructure development projects business in India. It undertakes infrastructure projects in the areas of canals, irrigation projects, roads, bridges, and dams that include civil, electrical and mechanical contractor, designer and engineers, structural contractor, and earthwork contractor for repairing, reconstruction, renovation, demolition, and construction. The company also undertakes roads and highway development projects; and establishes, maintains, operates, leases, and transfers infrastructure facilities on BOT, BOLT, and BOOT basis. In addition, it engages in mining activities on contract basis; maintenance of infrastructure projects; and consulting and advisory services. Sadbhav Engineering Limited was incorporated in 1988 and is based in Ahmedabad, India.
Key Metrics
as of Sep 2026Market Cap140 Cr
P/E—
Div Yield0.00 %
Book Value₹-6.46
52w High₹14.70
52w Low₹5.87
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 20.34 | 58.83 | 34.51 | 41.48 | 33.02 | 36.78 | 29.61 | 30.98 | 113.16 | 275.06 | 114.70 | 218.84 | 404.83 |
| Expenses | 16.56 | 76.93 | 22.33 | 33.25 | 15.46 | 68.67 | 20.41 | 30.52 | 107.76 | 420.24 | 139.76 | 200.87 | 368.35 |
| Operating Profit | 3.78 | -18.10 | 12.18 | 8.23 | 17.56 | -31.89 | 9.20 | 0.46 | 5.40 | -145.18 | -25.06 | 17.97 | 36.48 |
| OPM % | 18.58 | -30.77 | 35.29 | 19.84 | 53.18 | -86.70 | 31.07 | 1.48 | 4.77 | -52.78 | -21.85 | 8.21 | 9.01 |
| Other Income | 9.18 | 169.13 | 22.57 | 14.90 | 21.40 | 17.25 | 8.94 | 29.81 | 14.91 | -13.54 | 14.73 | 30.43 | 19.29 |
| Depreciation | 0.36 | 0.36 | 0.62 | 1.01 | 1.61 | 2.08 | 2.23 | 2.30 | 2.79 | 5.36 | 6.08 | 6.95 | 7.61 |
| Interest | 22.55 | 62.04 | 38.85 | 38.73 | 37.77 | 42.37 | 40.81 | 33.77 | 39.65 | 41.39 | 45.49 | 42.01 | 41.82 |
| Profit before tax | -9.95 | 88.63 | -4.72 | -16.61 | -0.42 | -59.09 | -24.90 | -5.80 | -22.13 | -205.47 | -61.90 | -0.56 | 6.34 |
| Tax % | -2.11 | 66.78 | 0.00 | -34.26 | 0.00 | 65.07 | 7.35 | 23.28 | 0.00 | -2.33 | -0.16 | 475.00 | 83.28 |
| Net Profit | -9.73 | 29.44 | -4.72 | -10.92 | -0.42 | -97.54 | -26.73 | -7.14 | -22.13 | -200.70 | -61.80 | -3.22 | 1.05 |
| EPS in Rs | -0.57 | 1.72 | -0.28 | -0.64 | -0.02 | -5.69 | -1.56 | -0.42 | -1.29 | -11.70 | -3.60 | -0.19 | 0.06 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 168.00 | 211.00 | 1,013.00 | 889.00 | 1,226.00 | 1,624.00 | 2,252.00 | 3,549.00 | 3,505.00 | 3,320.00 | 3,186.00 | 2,970.00 |
| Expenses | 148.00 | 227.00 | 1,129.00 | 1,164.00 | 1,762.00 | 1,412.00 | 1,969.00 | 3,121.00 | 3,089.00 | 2,962.00 | 2,850.00 | 2,659.00 |
| Operating Profit | 20.00 | -17.00 | -116.00 | -275.00 | -535.00 | 211.00 | 282.00 | 428.00 | 417.00 | 358.00 | 337.00 | 311.00 |
| OPM % | 12.00 | -8.00 | -11.00 | -31.00 | -44.00 | 13.00 | 13.00 | 12.00 | 12.00 | 11.00 | 11.00 | 10.00 |
| Other Income | 228.00 | 71.00 | 51.00 | 140.00 | 83.00 | 74.00 | 130.00 | 101.00 | 88.00 | 85.00 | 76.00 | 57.00 |
| Interest | 177.00 | 157.00 | 171.00 | 165.00 | 188.00 | 190.00 | 194.00 | 175.00 | 191.00 | 153.00 | 151.00 | 140.00 |
| Depreciation | 4.00 | 9.00 | 26.00 | 44.00 | 69.00 | 94.00 | 108.00 | 96.00 | 98.00 | 100.00 | 97.00 | 82.00 |
| Profit before tax | 67.00 | -112.00 | -262.00 | -344.00 | -710.00 | 2.00 | 110.00 | 258.00 | 216.00 | 190.00 | 165.00 | 146.00 |
| Tax % | 80.00 | 37.00 | 1.00 | 1.00 | 1.00 | -2,548.00 | 22.00 | 28.00 | -2.00 | 1.00 | 20.00 | 22.00 |
| Net Profit | 13.00 | -154.00 | -265.00 | -346.00 | -716.00 | 41.00 | 85.00 | 187.00 | 221.00 | 188.00 | 132.00 | 114.00 |
| EPS in Rs | 0.78 | -8.95 | -15.43 | -20.19 | -41.75 | 2.39 | 4.96 | 10.89 | 12.86 | 10.95 | 7.70 | 6.63 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.00 | 8.00 | 7.00 | 9.00 | 11.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 |
| Reserves | 1,021.00 | 831.00 | 984.00 | 1,065.00 | 1,411.00 | 2,128.00 | 2,087.00 | 2,017.00 | 1,850.00 | 1,644.00 | 1,472.00 | 1,335.00 |
| Borrowings | 1,052.00 | 1,202.00 | 1,053.00 | 1,145.00 | 1,146.00 | 1,332.00 | 1,273.00 | 1,587.00 | 1,485.00 | 1,777.00 | 1,221.00 | 1,098.00 |
| Other Liabilities | 330.00 | 650.00 | 784.00 | 1,131.00 | 1,244.00 | 1,103.00 | 1,259.00 | 977.00 | 1,019.00 | 582.00 | 785.00 | 1,075.00 |
| Total Liabilities | 2,419.00 | 2,700.00 | 2,839.00 | 3,358.00 | 3,818.00 | 4,581.00 | 4,636.00 | 4,598.00 | 4,371.00 | 4,020.00 | 3,495.00 | 3,525.00 |
| Fixed Assets | 22.00 | 23.00 | 44.00 | 129.00 | 193.00 | 292.00 | 430.00 | 494.00 | 500.00 | 516.00 | 593.00 | 536.00 |
| CWIP | 0.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 3.00 | 2.00 | 7.00 | 0.00 | 0.00 |
| Investments | 637.00 | 614.00 | 591.00 | 576.00 | 559.00 | 567.00 | 558.00 | 609.00 | 577.00 | 569.00 | 563.00 | 531.00 |
| Other Assets | 1,759.00 | 2,059.00 | 2,199.00 | 2,650.00 | 3,062.00 | 3,718.00 | 3,644.00 | 3,491.00 | 3,290.00 | 2,928.00 | 2,339.00 | 2,458.00 |
| Total Assets | 2,419.00 | 2,700.00 | 2,839.00 | 3,358.00 | 3,818.00 | 4,581.00 | 4,636.00 | 4,598.00 | 4,371.00 | 4,020.00 | 3,495.00 | 3,525.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 123.00 | -30.00 | -28.00 | 21.00 | 183.00 | 197.00 | 143.00 | 200.00 | 653.00 | -51.00 | 162.00 | -36.00 |
| Cash from Investing Activity | 42.00 | 28.00 | 106.00 | 134.00 | 201.00 | -74.00 | 423.00 | -92.00 | -155.00 | 81.00 | -102.00 | -252.00 |
| Cash from Financing Activity | -146.00 | 3.00 | -79.00 | -166.00 | -375.00 | -128.00 | -575.00 | -92.00 | -499.00 | -35.00 | -59.00 | 237.00 |
| Net Cash Flow | 19.00 | 0.00 | -1.00 | -11.00 | 9.00 | -5.00 | -8.00 | 16.00 | -1.00 | -5.00 | 1.00 | -52.00 |
| Free Cash Flow | 141.00 | -3.00 | 17.00 | 45.00 | 227.00 | 221.00 | 148.00 | 104.00 | 575.00 | -83.00 | 64.00 | -185.00 |
| CFO/OP % | 619.00 | 257.00 | 15.00 | 4.00 | -20.00 | 95.00 | 69.00 | 64.00 | 177.00 | -21.00 | 68.00 | 7.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 582.00 | 502.00 | 137.00 | 223.00 | 178.00 | 93.00 | 41.00 | 160.00 | 166.00 | 183.00 | 114.00 | 111.00 |
| Inventory Days | 5.00 | — | — | 98.00 | 187.00 | 148.00 | 142.00 | 85.00 | 56.00 | 55.00 | 54.00 | 105.00 |
| Days Payable | 954.00 | — | — | 1,283.00 | 897.00 | 542.00 | 533.00 | 207.00 | 203.00 | 184.00 | 142.00 | 225.00 |
| Cash Conversion Cycle | -367.00 | 502.00 | 137.00 | -962.00 | -532.00 | -301.00 | -350.00 | 38.00 | 19.00 | 54.00 | 26.00 | -8.00 |
| Working Capital Days | 1,967.00 | 187.00 | 72.00 | 55.00 | 162.00 | 247.00 | 163.00 | 59.00 | 91.00 | 79.00 | 81.00 | 34.00 |
| ROCE % | 3.00 | 1.00 | -4.00 | -6.00 | -17.00 | 6.00 | 8.00 | 12.00 | 12.00 | 11.00 | 12.00 | 13.00 |
Corporate Actions
24 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 23 Sep 2024 | — | — | — | Annual General Meeting |
| Other | 22 Sep 2023 | — | — | — | Annual General Meeting |
| Other | 22 Sep 2022 | — | — | — | Annual General Meeting |
| Other | 21 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 21 Sep 2020 | — | — | — | Annual General Meeting |
| Dividend | 17 Sep 2019 | — | — | 1.00 | |
| Dividend | 12 Sep 2018 | — | — | 1.00 | |
| Dividend | 14 Sep 2017 | — | — | 0.75 | |
| Dividend | 15 Sep 2016 | — | — | 0.70 | |
| Dividend | 03 Sep 2015 | — | — | 0.70 | |
| Dividend | 27 Aug 2014 | — | — | 0.70 | |
| Dividend | 12 Sep 2013 | — | — | 0.60 | |
| Dividend | 13 Sep 2012 | — | — | 0.60 | |
| Dividend | 08 Sep 2011 | — | — | 0.60 | |
| Split | 07 Dec 2010 | 08 Dec 2010 | 10:1 | — | |
| Dividend | 18 Aug 2010 | — | — | 4.00 | |
| Rights | 16 Jun 2010 | 17 Jun 2010 | 1:20 | — | |
| Other | 16 Jun 2010 | 17 Jun 2010 | — | — | Right Issue of Equity Shares with Warrants |
| Dividend | 10 Sep 2009 | — | — | 4.00 | |
| Dividend | 11 Sep 2008 | — | — | 4.00 | NSE/BSE dividend mismatch: NSE=0.4; BSE=4.0 |
| Dividend | 11 Sep 2008 | — | — | 0.40 | NSE/BSE dividend mismatch: NSE=0.4; BSE=4.0 |
| Dividend | 13 Sep 2007 | — | — | 3.50 | NSE/BSE dividend mismatch: NSE=0.35; BSE=3.5 |
| Dividend | 13 Sep 2007 | — | — | 0.35 | NSE/BSE dividend mismatch: NSE=0.35; BSE=3.5 |
| Dividend | 04 Sep 2006 | — | — | 0.20 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update17 Jul from fitch
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Rating update11 Aug 2025 from fitch
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Rating update10 Sep 2024 from fitch
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Rating update18 Sep 2023 from fitch
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Rating update12 Sep 2023 from fitch
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Rating update4 Jul 2023 from fitch