
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. 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 2025. 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 ₹5,459.94 Cr and satisfied charges of ₹9,027.49 Cr on record. Court records list 727 cases involving the company, including 222 filed by the company and 392 filed against it; 175 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 10 peer companies in the Engineering industry (Engineering Procurement and Construction) are compared by revenue, 5 larger and 5 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.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSadbhav House Opp – Law Garden Police Chowki Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryEngineering, Procurement & Construction (EPC), Engineering
- 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
- One PDF report, delivered after checkout
Business Activity of Sadbhav Engineering Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | Locked |
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities | Locked |
| B | Mining and quarrying | B5 | Mining Support Services activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sadbhav Engineering Limited FY 2025-26 filings available
Sadbhav 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 |
Peer Comparison of Sadbhav Engineering Limited
Sadbhav Engineering Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Procurement and Construction). Net profit, margin and employee counts of each company are in the company report.
| 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 |
| B L Kashyap and Sons Limited Listed | ₹1,179.76 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| JSP Projects Private Limited | ₹1,165.1 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Delhi, India |
| Sushee Infra & Mining Limited | ₹1,129.62 Cr (FY 2024) | •••• | •••• | 107.0% | •••• | Hyderabad, Telangana, India |
| Soma Enterprise Limited | ₹1,119.75 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Pune, Maharashtra, India |
| Vascon Engineers Limited Listed | ₹1,089.91 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Pune, Maharashtra, India |
| Zuari Industries Limited Listed | ₹1,082.48 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Goa, India |
| Macawber Beekay Private Limited | ₹1,078.65 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Noida, Uttar Pradesh, India |
| Sadbhav Engineering Limited this company | ₹972.73 Cr (FY 2026) | •••• | •••• | -6.1% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Sadbhav Engineering by revenue in the Engineering industry (Engineering Procurement and Construction), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sadbhav Engineering Limited
Sadbhav Engineering Limited is audited by Dhirubhai Shah & Co LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Dhirubhai Shah & Co LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sadbhav Engineering Limited
Sadbhav Engineering has 5 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 7 Months | Current |
| Siddharth Bhupendrabhai Vyas Also directs: Sadbhav Infrastructure Project Limited, Samal Investments Pvt Ltd | Director | 04 Sep 2025 | 1 Years 1 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 |
| 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 |
Shareholding Pattern of Sadbhav Engineering Limited
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 of Sadbhav Engineering Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2026 | Idbi Trusteeship Services Limited | ₹713.25 Cr | Open |
| 25 Mar 2026 | Idbi Trusteeship Services Limited | ₹713.25 Cr | Open |
| 09 Aug 2024 | Others | ₹283 Cr | Open |
| 23 Jun 2022 | Others | ₹12.7 Cr | Open |
| 17 Jun 2022 | Others | ₹10 Cr | Open |
Total charge records: 447 View all charges
Deals & Funding of Sadbhav Engineering Limited
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 |
Full deal history
All 112 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Sadbhav Engineering Limited
Sadbhav Engineering Limited has 727 court cases on record: 222 filed by Sadbhav Engineering, 392 filed against it, 113 where it is another party. 175 cases are pending and 552 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 365 | 257 | 63 |
| High courts | 311 | 100 | 96 |
| NCLAT | 43 | 32 | 15 |
| Supreme Court | 8 | 3 | 1 |
Cases on record (5 of 727)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Suwarna Buildcon Private Limited | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Suwarna Buildcon Private Limited | Pending |
| High Court of Gujarat | Appeal | Filed against the company by Sardar Sarovar Narmada Nigam Limited | Pending |
| Patna High Court | Commercial matter | Filed against the company by Bihar State Road Development Corporation Limited | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by Suwarna Buildcon Private Limited | Pending |
Full case history
All 727 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Sadbhav Engineering Limited
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 |
Employees and EPFO Compliance at Sadbhav Engineering Limited
Sadbhav Engineering Limited has a workforce of 240 employees as of Oct 17, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Sadbhav Engineering Limited
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 | - |
Showing major subsidiaries. Total: 18.
CIN History of Sadbhav Engineering Limited
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 |
News related to Sadbhav Engineering Limited
Recent Activity on Sadbhav Engineering Limited
Sadbhav Engineering Limited has 52 board changes on record since 1988: 29 appointments and 23 cessations. The latest: Jatin Thakkar ceased to be Director on 12 Nov 2025.
853 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sadbhav Engineering Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sadbhav Engineering Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sadbhav Engineering Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sadbhav Engineering Limited
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 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sadbhav Engineering Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sadbhav Engineering Limited
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 5 current directors:
- Shashin Vishnubhai Patel - Managing Director
- Tarang Madhukar Desai - Director
- Siddharth Bhupendrabhai Vyas - Director
- Ambalal Chhitabhai Patel - Director
- Shefali Manojbhai Patel - Director
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 listed on both BSE (code: 532710) and NSE (symbol: SADBHAV).
Sadbhav Engineering has 727 court cases on record: 222 filed by the company and 392 filed against it. 175 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, B L Kashyap and Sons Limited, JSP Projects Private Limited and 5 more, all in the Engineering industry (Engineering Procurement and Construction).
Jatin Thakkar ceased to be Director on 12 Nov 2025. Siddharth Bhupendrabhai Vyas was appointed as Director on 04 Sep 2025. Ambalal Chhitabhai Patel was appointed as Director on 31 Jul 2024. Sadbhav Engineering has 52 board changes on record in total.