Sadbhav Engineering Ltd (SADBHAV) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 532710 | NSE: SADBHAV | Engineering - Construction | Small Cap

Sadbhav Engineering Share Price

10.63 0.22 2.11%
as on 05-Dec'25 13:50

Sadbhav Engineering Ltd (SADBHAV) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 532710 | NSE: SADBHAV | Engineering - Construction | Small Cap

DeciZen - make an informed investing decision on Sadbhav Engineering

Based on:

Overall Rating
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality


Login to view analysis.

2. Valuation


Login to view analysis.

3. Price Trend


Login to view analysis.

Sadbhav Engineering stock performance -

Key Ratios
mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
178.6 Cr.
52-wk low:
10
52-wk high:
32.7

Is Sadbhav Engineering Ltd an attractive stock to invest in?


Login to view analysis.

10 Year X-Ray of Sadbhav Engineering: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Sadbhav Engineering Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 12.2%11.2%12%12.4%8.7%5.6%-17.3%-7.5%-4.3%2.2%-
Value Creation
Index
-0.1-0.2-0.1-0.1-0.4-0.6-2.2-1.5-1.3-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 3,1863,3203,5053,5492,2521,6241,2268891,013211141
Sales YoY Gr.-4.2%5.6%1.3%-36.6%-27.9%-24.5%-27.5%14%-79.2%-
Adj EPS 8.410.912.910.94.33.2-41.2-19.2-14.9-10-7.9
YoY Gr.-30.6%17.9%-15.6%-60.6%-25.5%-1391.5%NANANA-
BVPS (₹) 86.896.8108.8118.5122.612583.363.158.449.448.8
Adj Net
Profit
14318722118673.454.8-707-329-255-171-136
Cash Flow from Ops. 162-50.865320014319718320.6-27.5-30.2-
Debt/CF from Ops. 7.5-352.37.98.66.76.255.5-38.2-39.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -26.1%-37.8%-44.4%-79.2%
Adj EPS -202%-218.5%NANA
BVPS-6.1%-16.6%-16%-15.3%
Share Price -29.6% -30.8% -20.2% -64.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
10.111.912.59.63.62.6-39.6-26.2-24.5-18.5-16.1
Op. Profit
Mgn %
10.610.811.912.112.513-43.7-30.9-11.4-82.2
Net Profit
Mgn %
4.55.66.35.33.33.4-57.7-37-25.2-81.4-96.2
Debt to
Equity
0.81.10.80.80.60.60.81.11.11.40.3
Working Cap
Days
2772943183355658369991,1208323,5361,975
Cash Conv.
Cycle
7611212511983-261758123129

Recent Performance Summary

Login to view analysis.
Login to view analysis.

Latest Financials - Sadbhav Engineering Ltd.

Standalone Consolidated
TTM EPS (₹) -7.9 -9.5
TTM Sales (₹ Cr.) 141 1,002
BVPS (₹.) 48.8 -10.7
Reserves (₹ Cr.) 819 -200
P/BV 0.21 -0.98
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 10.00 / 32.74
All Time Low / High (₹) 8.52 / 438.85
Market Cap (₹ Cr.) 179
Equity (₹ Cr.) 17.2
Face Value (₹) 1
Industry PE 29.6

Management X-Ray of Sadbhav Engineering:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *84.6581.4781.2680.4580.4550.9180.4580.4580.4542.67
* Pledged shares as % of Promoter's holding (%)

Valuation of Sadbhav Engineering - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Event Update

Login/Register to view analysis.

Analyst's Notes

data not found
No data found!

Key Ratios of Sadbhav Engineering

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales3,1863,3203,5053,5492,2521,6241,2268891,013211
Operating Expenses 2,8512,9653,0903,1211,9721,4121,7621,1641,129227
Manufacturing Costs1,6291,8371,7352,0831,357893730635757153
Material Costs9528181,079769378343210123244
Employee Cost 11912915216114112282372918
Other Costs 152180125108975473936931952
Operating Profit 335356415428279211-535-275-116-17
Operating Profit Margin (%) 10.5%10.7%11.8%12.1%12.4%13.0%-43.7%-30.9%-11.4%-8.0%
Other Income 97889010011693961656445
Interest 151153191175194190188165171157
Depreciation 971009896108946944269
Exceptional Items -1900117-20-14-25-1325
Profit Before Tax 1651902162581102-710-344-262-112
Tax 332-47125-3973342
Profit After Tax 1321882211878541-716-346-265-154
PAT Margin (%) 4.1%5.7%6.3%5.3%3.8%2.5%-58.4%-39.0%-26.1%-72.9%
Adjusted EPS (₹)7.711.012.910.95.02.4-41.8-20.2-15.4-9.0
Dividend Payout Ratio (%)9%7%8%9%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 1,4891,6611,8672,0342,1042,1451,4291,0821,001848
Share Capital 17171717171717171717
Reserves 1,4721,6441,8502,0172,0872,1281,4111,065984831
Minority Interest0000000000
Debt1,0631,5181,3331,3701,0651,0541,0029089161,150
Long Term Debt49330628664038937929551211234
Short Term Debt5701,2121,046731676674708856706916
Trade Payables370412599435553509516432309284
Others Liabilities 6724604736591,036955768835511357
Total Liabilities 3,5944,0514,2714,4984,7584,6643,7163,2572,7372,639

Fixed Assets

Gross Block67466972879877370560851919295
Accumulated Depreciation8015322830434341241539014772
Net Fixed Assets 5935165004944302921931294423
CWIP 0723444444
Investments 563569577609558567559576591614
Inventories1411231641791471391073364
Trade Receivables9991,6651,5921,555253415599544381290
Cash Equivalents 17231360123103716115
Others Assets 1,2811,1471,4221,5973,2433,2372,2161,9551,7001,700
Total Assets 3,5944,0514,2714,4984,7584,6643,7163,2572,7372,639

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 162-5165320014319718321-27-30
PBT 1321882211871102-710-344-262-112
Adjustment 228180204275188234889430433110
Changes in Working Capital -132-442311-189-102-35-74-97-189-42
Tax Paid -6623-82-73-52-37832-1013
Cash Flow From Investing Activity -10281-155-92423-7420113410628
Capex -98-32-78-9642444254528
Net Investments 28-0-152-20-5-17000
Others -321137524424-9615010961-0
Cash Flow From Financing Activity -59-35-499-92-575-128-375-166-793
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -84-84-127418-29582-208-2430-74
Interest Paid -151-153-191-175-190-190-188-165-171-27
Dividend Paid -12-12-13-17-1700000
Others 187214-168-318-73-21212361103
Net Cash Flow 1-5-116-8-59-11-1-0

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)9.311.9312.519.584.121.93-40.09-27.6-25.4-16.61
ROCE (%)12.2211.1611.9912.438.735.61-17.29-7.46-4.252.18
Asset Turnover Ratio0.90.870.840.810.490.340.290.260.340.08
PAT to CFO Conversion(x)1.23-0.272.951.071.684.8N/AN/AN/AN/A
Working Capital Days
Receivable Days10914617016214775151235167581
Inventory Days201515182632372979
Payable Days1581751712454775668911,4085,5610

Sadbhav Engineering Ltd Stock News

Sadbhav Engineering Ltd FAQs

The current trading price of Sadbhav Engineering on 05-Dec-2025 13:50 is ₹10.63.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Dec-2025 the market cap of Sadbhav Engineering stood at ₹178.6.
The latest P/E ratio of Sadbhav Engineering as of 04-Dec-2025 is 0.00.
The latest P/B ratio of Sadbhav Engineering as of 04-Dec-2025 is 0.21.
The 52-week high of Sadbhav Engineering is ₹32.74 and the 52-week low is ₹10.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sadbhav Engineering is ₹140.9 ( Cr.) .

About Sadbhav Engineering Ltd

Sadbhav Engineering was incorporated in 1988 as a private company in the state of Gujarat, by Shri Vishnubhai M Patel, having rich experience in the construction field since 1968, The company took over the running business of Bhavna Construction Company with effect from October 1,1989.  Sadbhav focuses on the roads, mining and irrigation sector and aggressively participates in the BOT opportunity in the road sector. It has chosen to adopt an integrated approach of developing & constructing road projects.

In the past one year the company has been awarded three BOT projects in consortium. It has also been awarded the Certificate of Excellence in Productivity, Quality, and Innovation & Management by the Institute of Economic Studies, New Delhi.The company has been awarded one BOT project for Strengthening and Widening of Ahmedabad ring road through a consortium with Patel Infrastructure. The total project cost is Rs. 560 crore. The Ahmedabad Ringroad infrastructure limited, a Special purpose vehicle (SPV), has been incorporated for the execution of the said project.

Sadbhav Engineering mainly operates in three core businesses namely roads, mining and irrigation-

Roads Sadbhav forayed into the road sector in 1995 and has established a good reputation for itself in the industry. It has executed several projects for NHAI and the State Governments of Gujarat and Karnataka. It has also worked with many industry stalwarts like L&T, HCC, Punj Lloyd and Gammon. The scope of work largely encompasses constructing, widening and strengthening of roads and highways. Currently, around 85% of the company’s revenue comes from this sector.

Mining Sadbhav commenced mining operations in 1990 by executing rock excavation of copper at Madhya Pradesh for L&T . This was followed by several other projects which largely involved work for GIPCL. It executes projects involving excavation of overburden and lignite. At present, the operations are largely concentrated in the mines located in Gujarat.

Irrigation  Around 9-10% of the company’s revenues come from projects in the irrigation sector. Over the past 17 years, the company has successfully executed construction of earthen dams, canals, syphons, remodeling and improvement of canals. The  rich experience and execution capabilities of the company have enabled them to participate over various phases, in the execution of the NMC, which is the world's largest concrete lined canal, having a capacity of 40,000 cusecs.

Major clients of the company

  • National Highway Authority of India, New Delhi.
  • Executive Engineer State Road Project Dn.Kashi Vishwanath Plot Rajkot.
  • L & T, Kolkata.
  • Ahmedabad Urban Development Authority.
  • Majalgaon Right Canal Divn. No 4 Parli, Vaijnath.
  • Sardar Sarovar Narmada Nigam.
  • Grasim Industries, Haveri, Karnataka
  • Gujarat Industries Power Company Mangrol, Surat

Milestones Achieved   

  • 1989-90 - First main canal construction project (reach km 108 to km 127) worth Rs 55 crore received from Sardar Sarovar Narmada Nigam.
  • 1992-93 - Granted the status of ‘Deemed Public Company’ by the Registrar of Companies, Gujarat on the turnover criterion.
  • 1992-93 - Received first road project work order as a nominated Sub-contractor for strengthening and widening of Sambalpur-Rourkela Road to the tune of Rs 32.78 crore from Larsen & Toubro (ECC Construction Group).
  • 1994-95 - Received first Canal Syphon work order to the tune of Rs 55 crores for constructing canal syphon across river Vatrak on Narmada Main Canal.
  • 1994-95 - Received Sunsari Morang Irrigation Project work order to the tune of Rs 323 lakh from Larsen & Toubro for earthwork at outside India (Biratnagar-Nepal) and completed the same successfully.
  • 1995-96 - Received first mining excavation work order from Gujarat Industries Power Company, Baroda to the tune of Rs 8.84 crore
  • 1996-97 - Successfully completed construction of strengthening and widening of Sambalpur-Rourkela Road received independently by the company from L&T.
  • 1996-97 - Received first road project work order in the private sector from Reliance Industries, Jamnagar for constructing roads in their township and refinery site at Moti Khavdi, Jamnagar.
  • 1996-97 - Registered an increase of 74% in turnover (from Rs 3477 lakh to Rs 6068 lakh) coupled with increase of 86.31% in the net profits (from Rs131.99 lakh to Rs 245.91 lakh).
  • 1997-98 - Awarded first large mining contract for overburden removal at Vastan Lignite Mines (Dist. Surat) to the tune of Rs 138.08 crores from Gujarat Industries Power Company.
  • 1997-98 - Received first time independent roadwork order for widening to four lanes of NH-8A at Bhachau (Kutch) to the tune of Rs 31.61 crore from NHAI.
  • 1998-99 - Crossed the turnover of Rs 100 crore for the first time since incorporation.
  • 1999-00 - Received four work orders to the total tune of Rs 151 crore from Sardar Sarovar Narmada Nigam for construction of canal.
  • 2000-01 - Successful completion of rehabilitation of Kakrapar Left Bank Main Canal RS. 0.00 to 45.5(Ch. 0.0 to 13.87 km Package I & II) to the tune of Rs 18.25 crore in a record period of 75 days.
  • 2000-01 - The company has successfully executed the work to the tune of Rs 138 crore for removal of overburden/lignite excavation at Vastan Lignite Mines to the utmost satisfaction of GIPCL and on the basis of satisfactory execution of work, further contract has been granted for two years thereby the work has been increased to the tune of Rs 257.26 crore.
  • 2001-02 - Crossed the turnover of Rs 200 crore for the first time.
  • 2001-02 - Awarded independently work order for rehabilitation and upgrading of road project to the tune of Rs 95.90 crores (Package KU-1) from Kishangarh to Nasirabad in Rajasthan State from National Highways Authority of India.
  • 2001-02 - Completed first Canal Syphon across River Vatrak.
  • 2002-03 - Successfully completed construction of canal Syphon at ch.314.696km(Package 1/2) on River Pushapavati and Canal Syphon across the River Khari on Narmada Main Canal at 321.115km (Package 2/2) which was awarded by SSNNL
  • 2003-04 - Earned bonus from NHAI due to early satisfactory completion of work relating to rehabilitation and upgrading to 4/6 lane divided carriageway for Kishangarh – Nasirabad – Bhilwara – Chittorgarh – Udaipur Section of NH-8, NH-79 and NH-76 Package (KU-1) from Kishangarh (Km 363.0 of NH-8) to Nasirabad (Km 15.0 of NH-79) in Rajasthan State.
  • 2004-05 - Received four work orders from SSNNL to the total tune of Rs 255.84 crore for constructing one each for Narmada Main Canal, canal syphon, and two for canal earthwork
  • 2004-05 - Awarded East-West Corridor Project - Rehabilitation and Upgrading of Gagodhar-Radhanpur Road Section of NH-15 to the tune of Rs 284.04 crores in joint venture with Jillin Corporation, China.
  • 2005-06 - For the first time successfully received the award of concession for ‘Improvement, Operation and Maintenance of Rehabilitation of Strengthening of existing 2 lane road and widening to 4 lane divided carriageway from Km 539.500 to Km 440.000 (Vadape-Gonde Section) of NH-3 in Maharashtra on Build, Operate and Transfer (BOT) basis in Joint Venture with Gammon India and B.E. Billimoria & Co. The share of the company in the Joint Venture is 20%.
  • 2005-06 - Received ISO-9001-2000 certification.
  • 2005-06 - Awarded the Certificate of Excellence in Productivity, Quality, Innovation & Management by the Institute of Economic Studies, New Delhi.
  • 2010-11 - Awarded Multai-Chindwara-Seoni and Narsinghpur-Amarwara-Chindwara-Saoner - cash contract of Rs 14, 113 million


To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

© 2025 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.

×