Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 161 | 204 | 174 | 167 | 163 | 174 | 200 | 186 | 181 | 206 | 202 | 200 |
| Expenses | 74 | 123 | 114 | 74 | 63 | 58 | 76 | 57 | 50 | 57 | 118 | 53 |
| Operating Profit | 87 | 80 | 60 | 93 | 101 | 116 | 123 | 129 | 131 | 148 | 84 | 148 |
| OPM % | 54% | 39% | 35% | 56% | 62% | 67% | 62% | 69% | 73% | 72% | 42% | 74% |
| Other Income | -250 | -80 | -46 | 5 | 57 | 30 | -83 | 27 | 25 | -113 | 29 | -0 |
| Interest | 121 | 101 | 96 | 83 | 80 | 103 | 70 | 89 | 90 | 74 | 10 | 45 |
| Depreciation | 25 | 26 | 26 | 29 | 29 | 30 | 30 | 32 | 31 | 33 | 39 | 37 |
| Profit before tax | -309 | -127 | -107 | -14 | 49 | 13 | -59 | 36 | 35 | -72 | 64 | 66 |
| Tax % | -4% | -3% | -13% | 15% | 5% | 50% | 22% | 27% | 28% | 28% | -35% | 20% |
| Net Profit | -296 | -123 | -94 | -16 | 47 | 7 | -72 | 26 | 25 | -92 | 86 | 53 |
| EPS in Rs | -8.52 | -3.53 | -2.71 | -0.59 | 1.01 | -0.11 | -2.44 | 0.34 | 0.30 | -3.10 | 1.90 | 0.95 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,971 | 1,348 | 2,262 | 3,548 | 2,270 | 1,281 | 962 | 825 | 779 | 704 | 775 | 789 |
| Expenses | 1,320 | 479 | 1,218 | 2,500 | 1,414 | 899 | 775 | 446 | 446 | 271 | 281 | 277 |
| Operating Profit | 651 | 869 | 1,044 | 1,048 | 856 | 382 | 187 | 379 | 333 | 433 | 493 | 512 |
| OPM % | 33% | 64% | 46% | 30% | 38% | 30% | 19% | 46% | 43% | 62% | 64% | 65% |
| Other Income | 99 | 56 | 60 | 236 | 1,815 | 372 | 723 | -131 | -361 | 9 | -32 | -59 |
| Interest | 977 | 1,056 | 1,141 | 1,175 | 1,276 | 877 | 850 | 547 | 429 | 335 | 264 | 220 |
| Depreciation | 136 | 221 | 261 | 296 | 293 | 117 | 98 | 86 | 101 | 118 | 136 | 140 |
| Profit before tax | -363 | -352 | -297 | -187 | 1,103 | -240 | -38 | -386 | -558 | -10 | 62 | 93 |
| Tax % | -3% | 2% | 14% | 32% | 7% | 16% | -43% | -5% | -4% | 235% | 28% | |
| Net Profit | -353 | -360 | -338 | -248 | 1,029 | -278 | -21 | -365 | -533 | -34 | 45 | 72 |
| EPS in Rs | -9.67 | -10.03 | -9.34 | -6.96 | 29.35 | -7.90 | -0.60 | -10.65 | -15.42 | -2.13 | -0.56 | 0.05 |
| Dividend Payout % | 0% | 0% | -5% | -7% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -9% | -10% | -2% | 9% | ||
| Compounded Profit Growth | 8% | 16% | -5% | 1002% | ||
| Stock Price CAGR | -31% | -31% | -19% | -35% | ||
| Return on Equity | % | % | % | % |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 311 | 352 | 352 | 352 | 352 | 352 | 352 | 352 | 352 | 352 | 352 | 352 |
| Reserves | 470 | 103 | -281 | -618 | -901 | 114 | -165 | -123 | -517 | -919 | -898 | -971 |
| Borrowings | 6,342 | 8,022 | 8,320 | 8,719 | 9,853 | 5,912 | 6,303 | 5,150 | 4,072 | 3,293 | 3,208 | 2,594 |
| Other Liabilities | 2,765 | 1,760 | 2,043 | 3,112 | 3,673 | 2,919 | 3,253 | 3,538 | 3,793 | 2,793 | 2,578 | 2,367 |
| Total Liabilities | 9,888 | 10,237 | 10,435 | 11,566 | 12,978 | 9,297 | 9,743 | 8,918 | 7,699 | 5,519 | 5,240 | 4,342 |
| Fixed Assets | 7,185 | 8,137 | 9,541 | 9,292 | 9,233 | 4,031 | 3,942 | 219 | 189 | 154 | 114 | 69 |
| CWIP | 1,938 | 1,579 | 183 | 289 | 93 | 96 | 96 | 0 | 0 | 0 | 0 | 0 |
| Investments | 8 | 26 | 56 | 42 | 98 | 724 | 726 | 176 | 122 | 41 | 41 | 41 |
| Other Assets | 756 | 495 | 655 | 1,943 | 3,553 | 4,446 | 4,979 | 8,523 | 7,388 | 5,324 | 5,085 | 4,232 |
| Total Assets | 9,888 | 10,237 | 10,435 | 11,566 | 12,978 | 9,297 | 9,743 | 8,918 | 7,699 | 5,519 | 5,240 | 4,342 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 264 | 749 | 777 | 603 | 192 | 285 | 769 | -195 | 1,643 | 1,265 | 606 | 981 |
| Cash from Investing Activity | -1,096 | -1,145 | -258 | -98 | -201 | 253 | 85 | 1,087 | -191 | -29 | -299 | -100 |
| Cash from Financing Activity | 947 | 315 | -556 | -500 | 25 | -554 | -813 | -869 | -1,528 | -1,246 | -315 | -858 |
| Net Cash Flow | 116 | -80 | -37 | 5 | 17 | -16 | 42 | 23 | -75 | -10 | -8 | 23 |
| Free Cash Flow | -760 | -432 | 550 | 489 | 88 | 272 | 741 | 1,255 | 1,586 | 1,264 | 606 | 981 |
| CFO/OP | 95% | 116% | 89% | 60% | 23% | 36% | 205% | -101% | 443% | 388% | 150% | 206% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 10 | 1 | 0 | 0 | 3 | 5 | 11 | 5 | 12 | 18 | 23 | 38 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 10 | 1 | 0 | 0 | 3 | 5 | 11 | 5 | 12 | 18 | 23 | 38 |
| Working Capital Days | -602 | -175 | -207 | -86 | -150 | -59 | -347 | -316 | -287 | -255 | -517 | -439 |
| ROCE % | 2% | 7% | 8% | 10% | 10% | 11% | 9% | 16% | 12% | 10% | 14% | 18% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 70.34% | 70.34% | 70.34% | 70.31% | 69.75% | 70.26% | 70.26% | 70.26% | 70.26% | 70.26% | 70.26% | 70.26% |
| FIIs | 0.06% | 0.06% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| DIIs | 0.66% | 0.66% | 0.66% | 0.66% | 0.66% | 0.53% | 0.39% | 0.39% | 0.35% | 0.12% | 0.00% | 0.00% |
| Public | 28.93% | 28.93% | 28.93% | 29.03% | 29.59% | 29.23% | 29.37% | 29.36% | 29.39% | 29.63% | 29.75% | 29.75% |
| No. of Shareholders | 42,227 | 42,111 | 45,496 | 46,904 | 48,972 | 51,697 | 52,117 | 51,836 | 52,883 | 52,613 | 53,215 | 53,022 |
Fundamentals
Market Cap₹ 89.5 Cr.
Current Price₹ 2.54
Stock P/E1.05
Book Value₹ -17.6
ROCE17.6 %
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)9%
Compounded Profit Growth (TTM)1002%
Consolidated figures.
Valuation
Market capRs 92 Cr
Enterprise valueRs 2,614 Cr
P/E (TTM)60.71x
Price to book-0.15x
Price to sales0.12x
EV / EBITDA5.78x
EV / EBIT8.36x
EV / sales3.31x
Price to cash flow0.09x
Earnings yield1.65%
P/B, 3-year average-0.27x
P/B, 5-year average-0.02x
Profitability
Operating margin (excl. other income)63.68%
Operating margin (incl. other income)59.58%
EBITDA margin57.38%
Pre-tax margin11.74%
Net profit margin0.19%
Net margin, latest quarter16.66%
ROE3.41%
ROCE14.05%
ROA-0.41%
ROE, 3-year average55.09%
ROCE, 3-year average7.40%
ROA, 3-year average-3.34%
ROE, 5-year average-203.75%
ROCE, 5-year average7.87%
ROA, 5-year average-2.95%
ROIC (approx.)11.87%
Tax rate27.72%
Other income / net worth5.13%
Growth
Sales growth (latest year)10.03%
Sales CAGR, 3 years-2.07%
Sales CAGR, 5 years-9.57%
Sales growth QoQ-0.70%
Profit growth QoQ-50.07%
Sales growth YoY (latest quarter)7.50%
Profit growth YoY (latest quarter)178.46%
Per share
EPS (TTM)Rs 0.04
EPS (latest year)Rs -0.56
EPS (latest quarter)Rs 0.95
EPS, 3-year averageRs -6.04
EPS, 5-year averageRs -5.87
Book value per shareRs -17.56
Sales per shareRs 22.39
Cash flow per shareRs 27.84
Free cash flow per shareRs 27.85
Efficiency
Asset turnover0.18x
Fixed asset turnover11.26x
Debtor days38 days
Debtors turnover9.50x
Cash conversion cycle38 days
Working capital days-439 days
Leverage
Total debtRs 2,594 Cr
Cash and bankRs 72 Cr
Net debtRs 2,522 Cr
Debt to equity-4.19x
Net debt / EBITDA5.57x
Interest coverage1.42x
Owners' fund to total sources-14.24%
Debt to assets59.74%
Cash flow
Cash from Operating Activity (latest year)Rs 981 Cr
Cash from Investing Activity (latest year)Rs -100 Cr
Cash from Financing Activity (latest year)Rs -858 Cr
Net Cash Flow (latest year)Rs 23 Cr
Free cash flow (latest year)Rs 981 Cr
FCFE (approx.: FCF + change in debt)Rs 367 Cr
Sales to cash flow0.79x
Statement figures
Net sales (TTM)Rs 789 Cr
Net sales (latest year)Rs 775 Cr
Sales (latest quarter)Rs 200 Cr
Operating profit excl. other income (latest year)Rs 493 Cr
Operating profit (latest quarter)Rs 148 Cr
Other income (TTM)Rs -59 Cr
EBITDA (TTM)Rs 452 Cr
PBDT (TTM)Rs 233 Cr
Profit before tax (TTM)Rs 93 Cr
Tax (latest year)Rs 17 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs -20 Cr
Net profit (latest quarter)Rs 33 Cr
Depreciation (TTM)Rs 140 Cr
Depreciation (latest quarter)Rs 37 Cr
Interest (TTM)Rs 220 Cr
Cost of goods sold (latest year)Rs 172 Cr
Total expenditure (latest year)Rs 281 Cr
Total income (latest year)Rs 743 Cr
Share capitalRs 352 Cr
ReservesRs -971 Cr
Shareholders' fundsRs -618 Cr
Total assetsRs 4,342 Cr
Net blockRs 69 Cr
InvestmentsRs 41 Cr
ReceivablesRs 82 Cr
Other liabilitiesRs 2,367 Cr
Shares outstanding (crore)35.22
Ownership
Promoter holding70.26% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | SADBHIN | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +1.2% | -2.8% | +3.9 pts |
| 1 month | +1.6% | -6.8% | +8.3 pts |
| 3 months | -8.4% | -7.6% | -0.8 pts |
| 6 months | +21.9% | +0.4% | +21.5 pts |
| 1 year | -34.2% | -9.9% | -24.3 pts |
| 2 years | -62.4% | -13.6% | -48.8 pts |
| 3 years | -45.4% | +14.2% | -59.6 pts |
| 5 years | -83.7% | +27.9% | -111.6 pts |
Red flags
F-score 7 of 8| serious | Negative equity Shareholders' equity is negative |
| explain | Receivables outrunning sales Receivables grew 81% vs sales +10% in 2026 |
| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹200 Cr +7.5% vs Jun 2025.
Net profit ₹53 Cr +103.8%.
Against our estimate for Jun 2026: sales -2.0%, profit +86.9% in line. Our estimate for Sep 2026: sales Rs 189 Cr, profit Rs 38 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Larsen & Toubro Ltd | 515,837 | 29.3 | 14.6 % |
| Rail Vikas Nigam Ltd | 41,263 | 45.9 | 10.8 % |
| Kalpataru Projects International Ltd | 23,312 | 21.0 | 18.3 % |
| NBCC (India) Ltd | 21,063 | 30.8 | 29.3 % |
| Cemindia Projects Ltd | 21,015 | 34.9 | 32.8 % |
| IRB Infrastructure Developers Ltd | 20,508 | 20.8 | 7.47 % |
| Engineers India Ltd | 17,435 | 22.2 | 30.4 % |
| Central Mine Planning & Design Institute Ltd | 15,217 | 23.3 | 38.1 % |
| Techno Electric & Engineering Company Ltd | 11,748 | 22.8 | 15.2 % |
| Welspun Enterprises Ltd | 10,302 | 29.1 | 16.7 % |
| KEC International Ltd | 10,072 | 16.8 | 16.5 % |
| Ircon International Ltd | 9,637 | 18.4 | 9.27 % |
| Rites Ltd | 9,242 | 22.1 | 23.0 % |
| Afcons Infrastructure Ltd | 9,014 | 44.0 | 13.9 % |
| NCC Ltd | 8,053 | 11.2 | 16.8 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2024-09-23 | Annual General Meeting | |
| 2023-09-22 | Annual General Meeting | |
| 2022-09-22 | Annual General Meeting | |
| 2021-09-21 | Annual General Meeting | |
| 2020-09-21 | Annual General Meeting | |
| 2019-09-17 | Annual General Meeting/Dividend - Rs 0.30 Per Share | |
| 2018-11-26 | Interim Div - Re 0.20 Per Share | |
| 2018-09-18 | Annual General Meeting/Dividend Re 0.30 Per Share (Rate Revised) | |
| 2017-11-28 | Interim Dividend - Re 0.20 Per Share | |
| 2017-09-15 | Annual General Meeting | |
| 2016-09-20 | Annual General Meeting | |
| 2015-12-17 | Annual General Meeting |
| Date | Type | What it says |
|---|---|---|
| 2026-09-30 | Shareholder meeting | Proceedings of Annual General Meeting held on September 30, 2026 |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Sadbhav Infrastructure Projects Ltd?
Sadbhav Infrastructure Projects Ltd (SADBHIN) has a market capitalisation of Rs 89.5 Cr. at the 2026-10-01 close.
What is the P/E ratio of Sadbhav Infrastructure Projects Ltd?
Sadbhav Infrastructure Projects Ltd trades at a P/E of 1.05 on trailing twelve-month profit, at the 2026-10-01 close.
What were Sadbhav Infrastructure Projects Ltd's latest quarterly results?
In the Jun 2026 quarter, Sadbhav Infrastructure Projects Ltd sales was Rs 200 Cr (+7.5% vs Jun 2025) and net profit was Rs 53 Cr.
What is the 52-week high and low of Sadbhav Infrastructure Projects Ltd?
The 52-week high is Rs 4.79 and the 52-week low is Rs 2.06.