SADBHINIndustrials

Sadbhav Infrastructure Project Limited

Civil Construction · ISIN INE764L01010 · BSE 539346 · NSE EQ · FV ₹10
Last price
₹2
-2.75%today
What this company does

Sadbhav Infrastructure Project Limited operates in Civil Construction, part of the Industrials sector. It booked ₹200 cr of revenue in its latest quarter (Q1 FY27) and kept 16.7% of sales as profit.

In the report:
67out of 100
Equitytale Health Score
Solid

Healthier than 67% of companies in Industrials, on the 5 of 6 measures we could read for it. Each measure is ranked against the 60–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
44

At close. Not part of the score.

Profitability & returns96

How much profit it earns on the money it employs

Balance sheet61

How much it owes, and whether earnings cover the interest

Cash quality80

Whether reported profit actually arrives as cash

Growth & consistency24

Whether sales and profit have grown, and how steadily

Governance & risk51

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: valuation. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 17% net margin
Sales up 8% vs last year
Profit up 179% vs last year
Promoters hold 70%
Virtually debt-free
Turns profit into real cash
Watch-outs
! 55.5% of promoter stake pledged

What if I invest in SADBHIN?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹2 -2.75%
latest close · 2026-09-17
1-year return
-85.0%
52-wk low ₹252-wk high ₹18
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio0.7Low
LowAverageHigh
EV / EBITDA4.5Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on capital76.7%Strong
WeakFairStrong
Net margin16.7%Strong
ThinDecentStrong
EBITDA margin73.7%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover2.5×Okay
RiskyOkayStrong ▸5×
Current ratio0.77Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹87 cr
Book value
₹-18
EPS
₹0.95
latest quarter
Net debt
₹2,541 cr
owes more than its cash
Enterprise value
₹2,628 cr
EBITDA
₹591 cr
annualised
EBIT
₹443 cr
annualised
Operating margin
55.4%
Return on assets
3.1%
Earnings yield
153.23%
P/S
0.11
Sales / share
₹22.7
Tax rate
19.5%
Face value
₹10
Shares
35.2 cr
Working capital
₹-859 cr
Current assets
₹2,905 cr
Current liabilities
₹3,763 cr
Delivery %
72.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹111₹111, midpoint ₹111

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹200 cr
Other Income₹11 cr
Total Income₹211 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹7 cr
Finance Costs₹45 cr
Depreciation & Amortisation₹37 cr
Other Expenses₹45 cr
Total Expenses₹134 cr
Exceptional Items₹-11 cr
Profit before Tax₹66 cr
Tax Expense₹13 cr
Net Profit₹53 cr
Net margin on total income25.1%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹7 cr3.6%
Finance costs₹45 cr22.5%
Depreciation & amortisation₹37 cr18.4%
Other expenses₹45 cr22.7%
Tax expense₹13 cr6.4%
Profit for the period₹53 cr26.4%
Total income ₹211 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue206 cr202 cr200 cr
Total income233 cr175 cr211 cr
Expenses165 cr167 cr134 cr
Profit before tax-72 cr64 cr66 cr
Tax20 cr-23 cr13 cr
Net profit (owners' share)-109 cr67 cr33 cr
Net margin (owners' share, on revenue)-53.1%33.1%16.7%
EPS (₹)-3.1010.900.95
YoY (latest quarter): total income -1.2% · net profit +178.5%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹4,342 cr
Shareholder equity
₹-618 cr
parent shareholders
Total debt
₹2,592 cr
Cash
₹52 cr
Cash flow · H1 FY26
Operating
₹411 cr
Investing
₹-149 cr
Financing
₹-270 cr
Peer comparison
Civil Construction · by market value
CompanyPriceMarket capP/E
Larsen & Toubro Limited₹3,836₹5.28 L cr32.0
Rail Vikas Nigam Limited₹202₹42,055 cr66.3
Kalpataru Projects International Limited₹1,399₹23,900 cr19.3
IRB Infrastructure Developers Limited₹19₹22,767 cr18.9
NBCC (India) Limited₹82₹22,175 cr36.0
Cemindia Projects Limited₹1,255₹21,563 cr38.3
Engineers India Limited₹264₹14,824 cr23.5
Techno Electric & Engineering Company Limited₹985₹11,452 cr30.7
KEC International Limited₹402₹10,700 cr36.8
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.3
ex 17 Sep 2019
ActionDetailEx-date
Dividend₹0.3 / share17 Sep 2019
Dividend₹0.2 / share26 Nov 2018
Dividend₹0.3 / share18 Sep 2018
Dividend₹0.2 / share28 Nov 2017
Who owns it · 2026-06-30
55.5% pledged
Promoter
70.3%
FII / Foreign
0.0%
DII / Domestic
Retail / others
29.8%
Promoter stake down 0.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtSADBHAV ENGINEERING LIMITED · Promoters1.13 cr · ₹4.7 cr17 Sep 25
BoughtSADBHAV ENGINEERING LIMITED · Promoters18.00 L4 Dec 24
BoughtSHASHIN PATEL · Promoters12.13 L · ₹81.4 L5 Nov 24
Bulk / block deals
BoughtALPHA LEON ENTERPRISES LLP · NSE19.05 L @ ₹23.1517 Aug 21
SoldALPHA LEON ENTERPRISES LLP · NSE14.75 L @ ₹23.4117 Aug 21
BoughtVALLABH REALTORS PRIVATE LIMITED · NSE21.07 L @ ₹36.1730 Jun 21
Stake changes
SoldCatalyst Trusteeship Limited→ 0.00% · 2.80 cr30 Jan 26
BoughtSADBHAV ENGINEERING LIMITED · promoter→ 69.68% · 18.00 L4 Dec 24
BoughtShashin V. Patel · promoter→ 0.57% · 12.13 L5 Nov 24
Promoter pledges
PledgedSadbhav Engineering Limited3.82 cr · 58.92% held20 Jan 22
PledgedICD Lender Adani Properties Pvt. Ltd. Trustee IDBI Trusteeship Services Limited1.13 cr · 55.70% held7 Jul 21
ReleasedClix Finance India Pvt Ltd1.35 L · 55.74% held18 Nov 20
What shareholders were asked to approve
1 proposal passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Sep 2025
See the official result
1
1 - To consider and Adopt (a) the audited Standalone financial statement of the Company for the financial year ended 31st March, 2025, the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the financial year ended 31st March, 2025 and the report of Auditors thereon.
Backed by 88% of shareholders other than promotersneeded 50%
23.26 L votes for, 3.09 L against · 0% of mutual funds and other big investors said no
2
2 - To Appoint a Director in Place of Mr. Jatin Thakkar (DIN: 09312406), who retires by rotation and being Eligible, offers himself for reappointment.
Backed by 54% of shareholders other than promotersneeded 50%
14.30 L votes for, 12.05 L against · 0% of mutual funds and other big investors said no
3
3 - Ratification of Remuneration to Cost Auditor
Backed by 88% of shareholders other than promotersneeded 50%
23.26 L votes for, 3.09 L against · 0% of mutual funds and other big investors said no
4
4 - Appointment of Secretarial Auditors
Backed by 92% of shareholders other than promotersneeded 50%
24.22 L votes for, 2.13 L against · 0% of mutual funds and other big investors said no
5
5 - To Re-appoint Mr. Shashin Patel (din: 00048328) as an Executive Chairman and Whole Time Director of the Company
⚑ Passed only because promoters voted yes
Backed by 40% of shareholders other than promotersneeded 75%
10.60 L votes for, 15.75 L against · 100% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 2 named members
owning 70.3% between them · as of 2026-06-30
Sadbhav Engineering Limited69.68%
Shashin Vishnubhai Patel0.58%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.