
About Sadbhav Engineering Limited
Data last updated:
Sadbhav Engineering Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 03 October 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L45400GJ1988PLC011322. Its GSTIN is 24AADCS0852Q1Z2 (Gujarat). The company holds 19 GST registrations, of which 15 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532710 and NSE: SADBHAV.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹17.16 Cr. It was formerly known as Sadbhav Engineering Private Limited. It is led by directors including Shashin Vishnubhai Patel (Managing Director) and Tarang Madhukar Desai.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Sadbhav House Opp – Law Garden Police Chowki Ellisbridge, Ahmedabad, Gujarat, India – 380006.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹972.73 Cr, a decline of 6.1% compared to the previous year. For the same year it recorded a net loss of ₹30.56 Cr (net margin -3.1%) and EBITDA of ₹531.36 Cr (EBITDA margin 54.6%). Total assets are valued at ₹4,747.53 Cr (down 9.5% YoY).
The company has about 240 employees on its provident fund (EPFO) records. Its group structure includes 18 subsidiaries.
The company is associated with 1 brand: Sadbhav Infrastructure. As per MCA filings, the company has open charges of ₹5,795.66 Cr and satisfied charges of ₹9,027.49 Cr on record. Court records list 786 cases involving the company, including 234 filed by the company and 555 filed against it; 192 cases are pending. The company has 112 deals on record (104 market trades, 3 funding rounds, 2 qips), with disclosed funding of ₹171.76 Cr; the latest was in January 2025. Its 5 peer companies in the Engineering industry (Engineering Procurement and Construction), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 3 larger and 2 smaller; the largest is Gaja Engineering Private Limited with revenue of ₹1,305.88 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sadbhaveng.com.
Company details
CIN history
Sadbhav Engineering has one previous CIN (Corporate Identification Number): L29199GJ1988PLC011322. The current CIN is L45400GJ1988PLC011322, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45400GJ1988PLC011322 | Current |
| L29199GJ1988PLC011322 | Previous |
Contact details
Sadbhav Engineering Limited's registered office is in Ahmedabad, Gujarat. Its website is sadbhaveng.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSadbhav House Opp – Law Garden Police Chowki Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Sadbhav Engineering Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Sadbhav Engineering operates one associated brand: Sadbhav Infrastructure. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Road and highway infrastructure development services are provided in India. | sadbhavinfra.co.in |
Business activity
The main business activities of Sadbhav Engineering are construction and mining and quarrying. In detail, this covers roads, railways, utility projects, other mining & quarrying activities and mining support services activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | |
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities | |
| B | Mining and quarrying | B5 | Mining Support Services activities |
To see the full business activity and turnover split of Sadbhav Engineering Limited, buy the company report.
Financials of Sadbhav Engineering Limited
FY 2025-26 filings availableSadbhav Engineering Limited reported revenue of ₹972.73 Cr (down 6.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 973 | 1,036 | 1,923 | 1,777 | 1,908 | 2,243 | 3,487 |
| Revenue growth | -6.2% | -46.1% | +8.2% | -6.9% | -15.0% | -35.7% | - |
| EBITDA | 531 | 396 | (252) | (330) | (513) | 598 | 1,142 |
| EBITDA margin | +54.6% | +38.2% | -13.1% | -18.5% | -26.9% | +26.7% | +32.8% |
| Profit before tax | 178 | (92.37) | (795) | (713) | (735) | (239) | 1,206 |
| Net profit | (30.56) | (182) | (305) | (239) | (564) | (179) | (600) |
| Net profit margin | -3.1% | -17.6% | -15.9% | -13.5% | -29.5% | -8.0% | -17.2% |
| EPS (₹) | 1.53 | (11.04) | (36.72) | (34.34) | (42.18) | (9.03) | 46.21 |
| Balance sheet | |||||||
| Total assets | 4,748 | 5,247 | 5,567 | 7,644 | 8,728 | 10,161 | 10,096 |
| Net worth | (111) | (241) | (125) | 175 | 802 | 1,445 | 1,601 |
| Total debt | 3,662 | 4,176 | 4,133 | 5,151 | 6,159 | 7,103 | 6,768 |
| Cash & bank | 124 | 63.80 | 54.88 | 117 | 212 | 112 | 204 |
| Net working capital | 2,897 | 2,588 | 2,916 | 3,052 | 3,142 | 1,595 | 1,791 |
| Cash flow | |||||||
| Cash from operations | 749 | 290 | 1,154 | 1,780 | (3,095) | 1,184 | 597 |
| Cash from investing | (70.42) | 41.72 | 71.75 | 31.83 | 5,252 | 118 | 1,311 |
| Cash from financing | (642) | (330) | (1,283) | (1,870) | (2,107) | (1,288) | (1,947) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 204 | 271 | 230 | 250 | 222 | 290 | 240 | 206 |
| Revenue growth (YoY) | -8.1% | -6.5% | -4.2% | +21.4% | -26.2% | - | - | - |
| Other income | 20.96 | 199 | 45.64 | 60.46 | 23.82 | 30.57 | 40.12 | 87.14 |
| EBITDA | 142 | 71.33 | 37.40 | 147 | 147 | (6.16) | 126 | 101 |
| EBITDA margin | +69.6% | +26.3% | +16.3% | +58.9% | +66.1% | -2.1% | +52.3% | +49.1% |
| Depreciation | 37.11 | 38.99 | 33.94 | 32.28 | 33.97 | 31.81 | 32.30 | 30.89 |
| Interest | 65.93 | 69.85 | 110 | 140 | 93.76 | 105 | 140 | 104 |
| Profit before tax | 59.94 | 161 | (61.38) | 35.04 | 42.90 | (113) | (6.60) | 53.22 |
| Tax | 13.84 | 39.02 | 24.27 | 8.17 | 11.71 | 52.52 | 9.82 | 6.43 |
| Net profit | 46.10 | 122 | (85.65) | 26.87 | 31.19 | (165) | (16.42) | 46.79 |
| EPS (₹) | 0.91 | 4.73 | (4.23) | 0.33 | 0.71 | (9.01) | (1.56) | 1.60 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 168 | 211 | 1,013 | 889 | 1,226 | 1,624 | 2,252 |
| Revenue growth | -20.3% | -79.2% | +14.0% | -27.5% | -24.5% | -27.9% | - |
| EBITDA | 19.89 | (16.83) | (129) | (304) | (549) | 192 | 279 |
| EBITDA margin | +11.9% | -8.0% | -12.7% | -34.2% | -44.8% | +11.8% | +12.4% |
| Profit before tax | 66.88 | (112) | (262) | (344) | (710) | 1.54 | 110 |
| Net profit | (117) | (179) | (252) | (322) | (703) | 57.21 | 74.28 |
| Net profit margin | -70.0% | -85.0% | -24.8% | -36.2% | -57.4% | +3.5% | +3.3% |
| EPS (₹) | 0.78 | (8.95) | (15.43) | (20.19) | (41.75) | 2.39 | 4.96 |
| Balance sheet | |||||||
| Total assets | 2,090 | 2,049 | 2,054 | 2,227 | 2,574 | 3,478 | 3,393 |
| Net worth | 1,038 | 848 | 1,001 | 1,082 | 1,429 | 2,145 | 2,104 |
| Total debt | 1,052 | 1,202 | 1,053 | 1,145 | 1,146 | 1,332 | 1,273 |
| Cash & bank | 26.17 | 5.33 | 11.21 | 16.16 | 37.19 | 9.57 | 123 |
| Net working capital | 1,202 | 1,081 | 1,053 | 1,244 | 1,433 | 2,060 | 2,012 |
| Cash flow | |||||||
| Cash from operations | 123 | (30.15) | (27.50) | 20.63 | 183 | 197 | 143 |
| Cash from investing | 42.19 | 27.55 | 106 | 134 | 201 | (73.72) | 423 |
| Cash from financing | (146) | 2.52 | (78.98) | (166) | (375) | (128) | (575) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20.34 | 58.83 | 34.51 | 41.48 | 33.02 | 36.78 | 29.61 | 30.98 |
| Revenue growth (YoY) | -38.4% | +60.0% | +16.6% | +33.9% | -70.8% | - | - | - |
| Other income | 9.18 | 169 | 22.57 | 14.90 | 21.40 | 18.10 | 8.94 | 29.81 |
| Total expenses | 16.56 | 76.92 | 22.33 | 33.24 | 15.46 | 69.52 | 20.40 | 30.52 |
| EBITDA | 3.78 | (18.09) | 12.18 | 8.24 | 17.56 | (32.74) | 9.21 | 0.46 |
| EBITDA margin | +18.6% | -30.7% | +35.3% | +19.9% | +53.2% | -89.0% | +31.1% | +1.5% |
| Depreciation | 0.36 | 0.36 | 0.62 | 1.01 | 1.61 | 2.08 | 2.23 | 2.30 |
| Interest | 22.55 | 62.04 | 38.85 | 38.73 | 37.77 | 42.37 | 40.81 | 33.77 |
| Profit before tax | (9.95) | 88.64 | (4.72) | (16.60) | (0.42) | (59.09) | (24.89) | (5.80) |
| Tax | (0.21) | 59.19 | 0.00 | (5.69) | 0.00 | 38.45 | 1.83 | 1.35 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 204 | 271 | 230 | 250 | 222 | 290 | 240 | 206 |
| Revenue growth (YoY) | -8.1% | -6.5% | -4.2% | +21.4% | -26.2% | - | - | - |
| Other income | 20.96 | 199 | 45.64 | 60.46 | 23.82 | 30.57 | 40.12 | 87.14 |
| EBITDA | 142 | 71.33 | 37.40 | 147 | 147 | (6.16) | 126 | 101 |
| EBITDA margin | +69.6% | +26.3% | +16.3% | +58.9% | +66.1% | -2.1% | +52.3% | +49.1% |
| Depreciation | 37.11 | 38.99 | 33.94 | 32.28 | 33.97 | 31.81 | 32.30 | 30.89 |
| Interest | 65.93 | 69.85 | 110 | 140 | 93.76 | 105 | 140 | 104 |
| Profit before tax | 59.94 | 161 | (61.38) | 35.04 | 42.90 | (113) | (6.60) | 53.22 |
| Tax | 13.84 | 39.02 | 24.27 | 8.17 | 11.71 | 52.52 | 9.82 | 6.43 |
| Net profit | 46.10 | 122 | (85.65) | 26.87 | 31.19 | (165) | (16.42) | 46.79 |
| EPS (₹) | 0.91 | 4.73 | (4.23) | 0.33 | 0.71 | (9.01) | (1.56) | 1.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 973 | 1,036 | 1,923 | 1,777 | 1,908 | 2,243 | 3,487 |
| Revenue growth | -6.2% | -46.1% | +8.2% | -6.9% | -15.0% | -35.7% | - |
| Other income | 200 | 96.06 | 144 | 408 | 920 | 377 | 1,876 |
| Total expenses | 441 | 640 | 2,175 | 2,106 | 2,420 | 1,645 | 2,345 |
| Employee cost | 0.00 | 47.49 | 60.30 | 65.86 | 113 | 153 | 190 |
| EBITDA | 531 | 396 | (252) | (330) | (513) | 598 | 1,142 |
| EBITDA margin | +54.6% | +38.2% | -13.1% | -18.5% | -26.9% | +26.7% | +32.8% |
| Depreciation | 139 | 127 | 127 | 131 | 167 | 211 | 401 |
| Interest | 415 | 457 | 560 | 661 | 975 | 1,003 | 1,411 |
| Profit before tax | 178 | (92.37) | (795) | (713) | (735) | (239) | 1,206 |
| Tax | 83.18 | 73.32 | (15.60) | (13.95) | (6.56) | (1.42) | 100 |
| Net profit | (30.56) | (182) | (305) | (239) | (564) | (179) | (600) |
| Net profit margin | -3.1% | -17.6% | -15.9% | -13.5% | -29.5% | -8.0% | -17.2% |
| EPS (₹) | 1.53 | (11.04) | (36.72) | (34.34) | (42.18) | (9.03) | 46.21 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 17.16 | 17.16 | 17.16 | 17.16 | 17.16 | 17.16 | 17.16 |
| Reserves & surplus | (419) | (413) | (320) | 158 | 784 | 1,428 | 1,584 |
| Shareholders' funds (net worth) | (111) | (241) | (125) | 175 | 802 | 1,445 | 1,601 |
| Minority interest | 102 | 34.23 | 10.50 | 160 | 260 | 339 | 423 |
| Secured loans | 3,233 | 3,656 | 3,590 | 4,538 | 5,686 | 6,561 | 6,193 |
| Unsecured loans | 429 | 520 | 543 | 614 | 473 | 543 | 575 |
| Total debt | 3,662 | 4,176 | 4,133 | 5,151 | 6,159 | 7,103 | 6,768 |
| Total liabilities | 4,748 | 5,247 | 5,567 | 7,644 | 8,728 | 10,161 | 10,096 |
| Assets | |||||||
| Gross block | 532 | 567 | 672 | 998 | 1,083 | 5,166 | 5,233 |
| Net block | 91.17 | 137 | 198 | 318 | 411 | 4,234 | 4,461 |
| Capital work in progress | 0.00 | 4.27 | 4.23 | 3.77 | 3.77 | 100 | 99.30 |
| Investments | 1.20 | 1.21 | 1.19 | 122 | 177 | 730 | 730 |
| Inventories | 1.11 | 3.64 | 6.25 | 33.04 | 108 | 139 | 147 |
| Sundry debtors | 280 | 135 | 276 | 386 | 323 | 164 | 121 |
| Cash & bank balances | 124 | 63.80 | 54.88 | 117 | 212 | 112 | 204 |
| Loans & advances | 3,571 | 3,775 | 4,032 | 4,576 | 4,699 | 3,409 | 3,429 |
| Total current assets | 3,976 | 3,978 | 4,369 | 5,113 | 5,342 | 3,824 | 3,901 |
| Total current liabilities | 1,079 | 1,389 | 1,453 | 2,060 | 2,200 | 2,229 | 2,111 |
| Net working capital | 2,897 | 2,588 | 2,916 | 3,052 | 3,142 | 1,595 | 1,791 |
| Total assets | 4,748 | 5,247 | 5,567 | 7,644 | 8,728 | 10,161 | 10,096 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 43.10 | 41.26 | 98.63 | 157 | 107 | 93.34 | 132 |
| Net cash from operating activities | 749 | 290 | 1,154 | 1,780 | (3,095) | 1,184 | 597 |
| Net cash from investing activities | (70.42) | 41.72 | 71.75 | 31.83 | 5,252 | 118 | 1,311 |
| Net cash from financing activities | (642) | (330) | (1,283) | (1,870) | (2,107) | (1,288) | (1,947) |
| Net change in cash | 36.57 | 1.84 | (57.37) | (58.13) | 49.30 | 14.12 | (38.45) |
| Closing cash | 124 | 63.80 | 54.88 | 117 | 212 | 112 | 204 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -6.2% | -46.1% | +8.2% | -6.9% | -15.0% | -35.7% | - |
| EBITDA growth | +34.2% | +257.3% | +23.6% | +35.7% | -185.7% | -47.6% | - |
| PBT growth | +9998.0% | +88.4% | -11.5% | +2.9% | -207.7% | - | +1425.8% |
| Net income growth | +83.2% | +40.2% | -27.6% | +57.6% | -215.6% | +70.2% | - |
| Revenue CAGR (3Y) | -18.2% | -18.4% | -5.0% | -20.1% | -28.6% | -23.3% | -8.1% |
| EBITDA CAGR (3Y) | - | - | - | - | - | -26.0% | -1.4% |
| Profitability & leverage | |||||||
| Net income margin | +9.7% | -16.0% | -40.6% | -39.4% | -38.2% | -10.6% | +31.7% |
| Return on capital employed | - | 0.0% | 0.0% | 0.0% | 0.0% | +7.8% | +9.4% |
| Return on net worth | - | 0.0% | 0.0% | 0.0% | 0.0% | -15.6% | -23.5% |
| Debt / equity | - | 0.00 | 186.29 | 11.58 | 5.90 | 4.55 | 7.35 |
| Long-term debt / equity | - | 0.00 | 54.96 | 4.88 | 3.72 | 3.61 | 6.29 |
| Interest cover | 105.70 | 170.06 | -147.80 | -143.56 | -143.54 | 259.21 | 190.39 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 1.67 | 2.30 | 1.71 | 0.61 | 0.43 | 0.42 |
| Inventory turnover | - | 209.60 | 97.88 | 25.29 | 15.47 | 15.67 | 21.37 |
| Debtors turnover | - | 5.05 | 5.81 | 5.01 | 7.83 | 15.75 | 5.72 |
| EPS (₹) | 1.53 | (11.04) | (36.72) | (34.34) | (42.18) | (9.03) | 46.21 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | (23.06) | (17.64) | 10.21 | 46.72 | 84.24 | 93.30 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20.34 | 58.83 | 34.51 | 41.48 | 33.02 | 36.78 | 29.61 | 30.98 |
| Revenue growth (YoY) | -38.4% | +60.0% | +16.6% | +33.9% | -70.8% | - | - | - |
| Other income | 9.18 | 169 | 22.57 | 14.90 | 21.40 | 18.10 | 8.94 | 29.81 |
| Total expenses | 16.56 | 76.92 | 22.33 | 33.24 | 15.46 | 69.52 | 20.40 | 30.52 |
| EBITDA | 3.78 | (18.09) | 12.18 | 8.24 | 17.56 | (32.74) | 9.21 | 0.46 |
| EBITDA margin | +18.6% | -30.7% | +35.3% | +19.9% | +53.2% | -89.0% | +31.1% | +1.5% |
| Depreciation | 0.36 | 0.36 | 0.62 | 1.01 | 1.61 | 2.08 | 2.23 | 2.30 |
| Interest | 22.55 | 62.04 | 38.85 | 38.73 | 37.77 | 42.37 | 40.81 | 33.77 |
| Profit before tax | (9.95) | 88.64 | (4.72) | (16.60) | (0.42) | (59.09) | (24.89) | (5.80) |
| Tax | (0.21) | 59.19 | 0.00 | (5.69) | 0.00 | 38.45 | 1.83 | 1.35 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 168 | 211 | 1,013 | 889 | 1,226 | 1,624 | 2,252 |
| Revenue growth | -20.3% | -79.2% | +14.0% | -27.5% | -24.5% | -27.9% | - |
| Other income | 228 | 70.91 | 64.03 | 170 | 96.34 | 93.48 | 133 |
| Total expenses | 148 | 227 | 1,142 | 1,194 | 1,775 | 1,432 | 1,972 |
| Employee cost | 0.00 | 18.05 | 29.31 | 36.87 | 82.03 | 122 | 141 |
| EBITDA | 19.89 | (16.83) | (129) | (304) | (549) | 192 | 279 |
| EBITDA margin | +11.9% | -8.0% | -12.7% | -34.2% | -44.8% | +11.8% | +12.4% |
| Depreciation | 3.61 | 9.39 | 26.01 | 44.47 | 69.20 | 94.21 | 108 |
| Interest | 177 | 157 | 171 | 165 | 188 | 190 | 194 |
| Profit before tax | 66.88 | (112) | (262) | (344) | (710) | 1.54 | 110 |
| Tax | 53.50 | 41.63 | 3.07 | 2.62 | 6.59 | (39.49) | 24.60 |
| Net profit | (117) | (179) | (252) | (322) | (703) | 57.21 | 74.28 |
| Net profit margin | -70.0% | -85.0% | -24.8% | -36.2% | -57.4% | +3.5% | +3.3% |
| EPS (₹) | 0.78 | (8.95) | (15.43) | (20.19) | (41.75) | 2.39 | 4.96 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 17.16 | 17.16 | 17.16 | 17.16 | 17.16 | 17.16 | 17.16 |
| Reserves & surplus | 708 | 647 | 801 | 1,065 | 1,411 | 2,128 | 2,087 |
| Shareholders' funds (net worth) | 1,038 | 848 | 1,001 | 1,082 | 1,429 | 2,145 | 2,104 |
| Secured loans | 215 | 823 | 751 | 897 | 1,020 | 1,035 | 1,195 |
| Unsecured loans | 837 | 379 | 302 | 247 | 126 | 298 | 78.28 |
| Total debt | 1,052 | 1,202 | 1,053 | 1,145 | 1,146 | 1,332 | 1,273 |
| Total liabilities | 2,090 | 2,049 | 2,054 | 2,227 | 2,574 | 3,478 | 3,393 |
| Assets | |||||||
| Gross block | 60.56 | 95.07 | 192 | 519 | 608 | 705 | 773 |
| Net block | 22.38 | 22.79 | 44.39 | 129 | 193 | 292 | 430 |
| Capital work in progress | 0.00 | 4.27 | 4.23 | 3.77 | 3.77 | 3.77 | 3.77 |
| Investments | 637 | 614 | 591 | 576 | 559 | 567 | 558 |
| Inventories | 1.11 | 3.64 | 6.25 | 33.04 | 108 | 139 | 147 |
| Sundry debtors | 268 | 290 | 381 | 544 | 599 | 415 | 253 |
| Cash & bank balances | 26.17 | 5.33 | 11.21 | 16.16 | 37.19 | 9.57 | 123 |
| Loans & advances | 1,237 | 1,432 | 1,439 | 1,782 | 1,933 | 2,599 | 2,732 |
| Total current assets | 1,532 | 1,731 | 1,838 | 2,376 | 2,677 | 3,163 | 3,255 |
| Total current liabilities | 330 | 650 | 784 | 1,131 | 1,244 | 1,103 | 1,243 |
| Net working capital | 1,202 | 1,081 | 1,053 | 1,244 | 1,433 | 2,060 | 2,012 |
| Total assets | 2,090 | 2,049 | 2,054 | 2,227 | 2,574 | 3,478 | 3,393 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2.10 | 2.18 | 3.15 | 14.35 | 5.19 | 9.88 | 17.98 |
| Net cash from operating activities | 123 | (30.15) | (27.50) | 20.63 | 183 | 197 | 143 |
| Net cash from investing activities | 42.19 | 27.55 | 106 | 134 | 201 | (73.72) | 423 |
| Net cash from financing activities | (146) | 2.52 | (78.98) | (166) | (375) | (128) | (575) |
| Net change in cash | 19.47 | (0.08) | (0.97) | (11.20) | 9.16 | (4.69) | (8.09) |
| Closing cash | 26.17 | 5.33 | 11.21 | 16.16 | 37.19 | 9.57 | 123 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -20.3% | -79.2% | +14.0% | -27.5% | -24.5% | -27.9% | - |
| EBITDA growth | +218.2% | +86.9% | +57.7% | +44.6% | -386.3% | -31.4% | - |
| PBT growth | +9998.0% | +57.2% | +23.9% | +51.6% | - | -98.6% | -57.5% |
| Net income growth | +34.4% | +28.9% | +21.8% | +54.3% | -1329.3% | -23.0% | - |
| Revenue CAGR (3Y) | -42.6% | -44.4% | -14.5% | -26.6% | -29.8% | -22.6% | -12.1% |
| EBITDA CAGR (3Y) | - | -68.7% | - | - | - | -22.7% | -7.7% |
| Profitability & leverage | |||||||
| Net income margin | +8.0% | -72.9% | -26.1% | -39.0% | -58.4% | +2.5% | +3.8% |
| Return on capital employed | - | 0.0% | 0.0% | -7.5% | -17.3% | +6.0% | +8.2% |
| Return on net worth | - | 0.0% | 0.0% | -27.6% | -40.1% | +2.7% | +3.6% |
| Debt / equity | - | 1.22 | 1.05 | 0.91 | 0.69 | 0.61 | 0.69 |
| Long-term debt / equity | - | 0.24 | 0.13 | 0.14 | 0.19 | 0.18 | 0.25 |
| Interest cover | 1,089.68 | -597.25 | -110.20 | -47.27 | -30.39 | 194.23 | 113.52 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 1.47 | 2.85 | 1.58 | 1.87 | 2.20 | 2.87 |
| Inventory turnover | - | 42.57 | 51.59 | 12.65 | 9.94 | 11.34 | 13.80 |
| Debtors turnover | - | 0.63 | 2.19 | 1.56 | 2.42 | 4.86 | 2.49 |
| EPS (₹) | 0.78 | (8.95) | (15.43) | (20.19) | (41.75) | 2.39 | 4.96 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 38.71 | 47.66 | 63.08 | 83.26 | 125.04 | 122.63 |
To see the full year-wise statements and ratios of Sadbhav Engineering Limited, buy the company report.
Board of directors of Sadbhav Engineering Limited
Sadbhav Engineering has 7 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashin Vishnubhai Patel | Managing Director | 01 Jul 2009 | 17 Years 3 Months | Current |
| Tarang Madhukar Desai | Director | 14 Feb 2020 | 6 Years 8 Months | Current |
| Siddharth Bhupendrabhai Vyas Also directs: Sadbhav Infrastructure Project Limited, Samal Investments Pvt Ltd | Director | 04 Sep 2025 | 1 Years 1 Months | Current |
| Shefali Manojbhai Patel Also directs: Sadbhav Infrastructure Project Limited, Sadbhav Gadag Highway Private Limited, Sadbhav Nainital Highway Limited and 3 more | Director | 06 Jul 2024 | 2 Years 3 Months | Current |
| Ambalal Chhitabhai Patel Also directs: Sadbhav Infrastructure Project Limited, Shree Rama Newsprint Limited, Shah Alloys Limited and 2 more | Director | 31 Jul 2024 | 2 Years 2 Months | Current |
| Ankit Kishorbhai Shah | Additional Director | 13 Aug 2026 | 0 Years 2 Months | Current |
Peer comparison
Sadbhav Engineering Limited is compared with the 5 companies closest to it by revenue in the Engineering industry (Engineering Procurement and Construction), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gaja Engineering Private Limited | ₹1,305.88 Cr (FY 2025) | -23.0% | Hyderabad, Telangana, India | |||
| J Infratech Limited | ₹1,265.74 Cr (FY 2025) | 60.0% | Gurgaon, Haryana, India | |||
| Vishnu Prakash R Punglia Limited | ₹1,246.2 Cr (FY 2025) | -16.0% | Mumbai, Maharashtra, India | |||
| Soma Enterprise Limited | ₹1,119.75 Cr (FY 2025) | 21.0% | Pune, Maharashtra, India | |||
| Macawber Beekay Private Limited | ₹1,078.65 Cr (FY 2025) | 21.0% | Noida, Uttar Pradesh, India | |||
| Sadbhav Engineering Limitedthis company | ₹972.73 Cr (FY 2026) | -₹30.56 Cr | -3.1% | -6.1% | 240 | Ahmedabad, Gujarat, India |
To see the full peer comparison of Sadbhav Engineering Limited, buy the company report.
Auditor
Sadbhav Engineering Limited is audited by Dhirubhai Shah & Co LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dhirubhai Shah & Co LLP | FY 2022 | 102511W/W100298 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 25.50%, foreign institutional investors hold 0.20%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 74.30%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 25.50% | 25.50% | 25.50% | 25.50% |
| Public | 74.50% | 74.50% | 74.50% | 74.50% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2026 | 101261085 | Idbi Trusteeship Services Limited | ₹881.11 Cr | Open | |
| 25 Mar 2026 | 101261081 | Idbi Trusteeship Services Limited | ₹881.11 Cr | Open | |
| 09 Aug 2024 | 100967181 | Others | ₹283 Cr | Open | |
| 23 Jun 2022 | 100593314 | Others | ₹12.7 Cr | Open | |
| 17 Jun 2022 | 100581841 | Others | ₹10 Cr | Open |
To see the full charge records of Sadbhav Engineering Limited, buy the company report.
Total charge records: 447 View all charges
Deals & funding
Sadbhav Engineering Limited has 112 deals on record (104 market trades, 3 funding rounds, 2 qips), with disclosed funding of ₹171.76 Cr; the latest was in January 2025.
Deals on record (5 of 112)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Market trade | ₹1.75 Cr | Buyer: Crony Vyapar Private Limited Seller: Crony Vyapar Private Limited |
| Jan 2025 | Market trade | ₹2.5 Cr | Buyer: Crony Vyapar Private Limited Seller: Crony Vyapar Private Limited |
| Jan 2025 | Market trade | ₹3.31 Cr | Buyer: Crony Vyapar Private Limited Seller: Crony Vyapar Private Limited |
| Oct 2024 | Market trade | ₹3.87 Cr | Buyer: Sahastraa Advisors Private Limited Seller: Sahastraa Advisors Private Limited |
| Oct 2024 | Market trade | ₹5.21 Cr | Buyer: Setu Securities Private Limited Seller: Setu Securities Private Limited |
To see the full deal history of Sadbhav Engineering Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sadbhav Engineering Limited has 786 court cases on record: 234 filed by Sadbhav Engineering, 555 filed against it. 192 cases are pending and 594 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 378 | 334 | 71 |
| High courts | 318 | 154 | 101 |
| NCLAT | 44 | 34 | 15 |
| NCLT | 27 | 22 | 3 |
| Supreme Court | 19 | 11 | 2 |
Cases on record (5 of 786)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by M/S Suwarna Buildcon Pvt. Ltd | Pending |
| District court, South East, Delhi | Commercial suit | Filed against the company by SB Movers and Lifters Pvt Ltd | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Suwarna Buildcon Private Limited | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by Suwarna Buildcon Pvt Ltd Through Manojkumar Prannath Abrol | Pending |
| Patna High Court | Commercial matter | Filed against the company by Bihar State Road Development Corporation Limited | Pending |
To see the full case history of Sadbhav Engineering Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Sadbhav Engineering Limited was last rated by Care on 02 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 02 Jun 2022 |
To see the full credit ratings and regulatory alerts of Sadbhav Engineering Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sadbhav Engineering Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sadbhav Engineering has 18 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sadbhav Infrastructure Project Limited | L45202GJ2007PLC049808 | |
| Maharashtra Border Check Post Network Limited | U45201GJ2009PLC056327 | |
| Rohtak-Panipat Tollway Private Limited | U45202GJ2010PTC059322 | |
| Sadbhav Bangalore Highway Private Limited | U45202GJ2016PTC094257 | |
| Ahmedabad Ring Road Infrastructure Limited | U45203GJ2006PLC048981 | |
| Rohtak-Hissar Tollway Private Limited | U45203GJ2013PTC074446 |
To see the full group structure of Sadbhav Engineering Limited, buy the company report.
Employees & EPFO
Sadbhav Engineering Limited has a workforce of 240 employees on its EPFO records as of Oct 17, 2024, across 1 active EPFO establishment.
GST
Sadbhav Engineering has 19 GST registrations: 15 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS0852Q1Z2 | Gujarat | Active | 01 Jul 2017 |
| 24AADCS0852Q2Z1 | Gujarat | Active | 22 Jun 2018 |
| 05AADCS0852Q1Z2 | Uttarakhand | Active | 01 Jul 2017 |
| 06AADCS0852Q1Z0 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sadbhav Engineering Limited, buy the company report.
Recent activity
Sadbhav Engineering Limited has 54 board changes on record since 1988: 31 appointments and 23 cessations. The latest: Ankit Kishorbhai Shah was appointed as Additional Director on 13 Aug 2026.
857 earlier events are in the company report.
News
Frequently asked questions
Sadbhav Engineering is an active public limited company based in Ahmedabad, Gujarat, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 03 October 1988 (38+ years old) and is registered under CIN L45400GJ1988PLC011322. Listed on BSE: 532710 and NSE: SADBHAV.
Sadbhav Engineering reported revenue of ₹972.73 Cr for FY 2025-26 (down 6.1% YoY) based on consolidated financials.
Sadbhav Engineering has 7 current directors:
- Shashin Vishnubhai Patel - Managing Director
- Tarang Madhukar Desai - Director
- Siddharth Bhupendrabhai Vyas - Director
- Shefali Manojbhai Patel - Director
- Ambalal Chhitabhai Patel - Director
- Ankit Kishorbhai Shah - Additional Director
- Jaldeep Prakash Patel - Additional Director
The latest financial statements of Sadbhav Engineering on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sadbhav Engineering is 24AADCS0852Q1Z2, registered in Gujarat. The company has 19 GST registrations in all, of which 15 are active and 4 are cancelled or inactive. Other active GSTINs include 24AADCS0852Q2Z1 (Gujarat), 05AADCS0852Q1Z2 (Uttarakhand), 06AADCS0852Q1Z0 (Haryana).
The CIN (Corporate Identification Number) of Sadbhav Engineering is L45400GJ1988PLC011322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Sadbhav Engineering is a listed company as per MCA records. Its shares are listed on both BSE (code: 532710) and NSE (symbol: SADBHAV).
Sadbhav Engineering has 786 court cases on record: 234 filed by the company and 555 filed against it. 192 are pending. Most are in the district courts.
Sadbhav Engineering was incorporated on 03 October 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sadbhav Engineering has 112 deals on record (104 market trades, 3 funding rounds, 2 qips), with disclosed funding of ₹171.76 Cr; the latest was in January 2025.
The peers of Sadbhav Engineering by revenue are Gaja Engineering Private Limited, J Infratech Limited, Vishnu Prakash R Punglia Limited, Soma Enterprise Limited, Macawber Beekay Private Limited, all in the Engineering industry (Engineering Procurement and Construction), with the same principal business activity (roads, railways, utility projects).