Sadbhav Infrastructure Project Limited

BSE: 539346 NSE: SADBHIN
Sadbhav Infrastructure Project Limited - infrastructure and utilities in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L45202GJ2007PLC049808 Incorporated 18 January 2007 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - NSE: SADBHIN · BSE: 539346 Public Limited Company infrastructure and utilities
Data last updated
Market Cap
₹79.60 Cr
SADBHIN · NSE
Share Price
₹2.28
+0.88% today
Revenue
₹775 Cr
FY 2025-26 · +10.0% YoY
EBITDA
₹409 Cr
Margin 52.8%
Net Profit
₹31.62 Cr
FY 2025-26 · +2332.3% YoY
P/E (TTM)
1.1x
P/B -
Authorised capital
₹403 Cr
Registered with MCA
Paid-up capital
₹352.23 Cr
Issued & subscribed

About Sadbhav Infrastructure Project Limited

Data last updated:

Sadbhav Infrastructure Project Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Sadbhav Engineering Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 18 January 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L45202GJ2007PLC049808. Its GSTIN is 24AAKCS5538G1Z7 (Gujarat). The company holds 10 GST registrations, of which 8 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 539346 and NSE: SADBHIN.

The company has an authorised share capital of ₹403 Cr and a paid-up capital of ₹352.23 Cr. It is led by directors including Shashin Vishnubhai Patel (Whole-Time Director) and Siddharth Bhupendrabhai Vyas.

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 ₹774.56 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹31.62 Cr (net margin 4.1%) and EBITDA of ₹408.64 Cr (EBITDA margin 52.8%). Total assets are valued at ₹3,113.03 Cr (down 20.5% YoY).

The company has about 60 employees on its provident fund (EPFO) records. Its group structure includes 16 subsidiaries.

The company is associated with 1 brand: Sadbhav Infrastructure. As per MCA filings, the company has open charges of ₹3,706.73 Cr and satisfied charges of ₹14,291 Cr on record. Court records list 33 cases involving the company, including 9 filed by the company and 24 filed against it; 10 cases are pending. The company has 32 deals on record (17 market trades, 8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1,300.5 Cr; the latest was in August 2021. Its 6 peer companies in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 3 larger and 3 smaller; the largest is Irb Lalitpur Tollway Private Limited with revenue of ₹946.88 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 sadbhav.co.in.

Company details

CIN L45202GJ2007PLC049808
Registration Number 049808
Incorporation Date 18 January 2007
ROC Ahmedabad
Listing Status Listed - Listed on NSE (SADBHIN); Listed on BSE (539346)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Parent Company Sadbhav Engineering Limited
Compliance Status Active Compliant

CIN history

Sadbhav Infrastructure Project has one previous CIN (Corporate Identification Number): U45202GJ2007PLC049808. The current CIN is L45202GJ2007PLC049808, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L45202GJ2007PLC049808Current
U45202GJ2007PLC049808Previous
Key People
Shashin Vishnubhai Patel Whole-Time Director Siddharth Bhupendrabhai Vyas Director Tarang Madhukar Desai Director

Contact details

Sadbhav Infrastructure Project Limited's registered office is in Ahmedabad, Gujarat. Its website is sadbhav.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    sadbhav.co.in
  • Registered Address
    Sadbhav House Opp.Law Garden Police Chowki Ellisbridge Ahmedabad, Gujarat, India – 380006
  • Industry
    Infrastructure and Utilities, Road & Bridge Construction

To see the full contact details of Sadbhav Infrastructure Project Limited, buy the company report.

Comprehensive company report
Sadbhav Infrastructure Project Limited - one report that includes everything
  • 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
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Brands

Sadbhav Infrastructure Project operates one associated brand: Sadbhav Infrastructure. Each brand links to its own profile.

BrandDescriptionWebsite
Sadbhav Infrastructure
Road and highway infrastructure development services are provided in India.sadbhavinfra.co.in

Business activity

The main business activity of Sadbhav Infrastructure Project is construction. In detail, this covers roads, railways, utility projects.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF2Roads, railways, Utility projects

To see the full business activity and turnover split of Sadbhav Infrastructure Project Limited, buy the company report.

Financials of Sadbhav Infrastructure Project Limited

FY 2025-26 filings available

Sadbhav Infrastructure Project Limited reported revenue of ₹774.56 Cr (up 10% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹775 Cr
+10.0% YoY
EBITDA
₹409 Cr
+5.6% YoY
Profit After Tax
₹31.62 Cr
+2332.3% YoY
Net Worth
−₹618 Cr
-13.4% YoY
Total Assets
₹3,113 Cr
-20.5% YoY
Total Debt
₹2,594 Cr
-19.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue7757047798259621,2812,270
Revenue growth+10.0%-9.6%-5.6%-14.3%-24.9%-43.6%-
EBITDA409387(126)(20.85)35.74382856
EBITDA margin+52.8%+55.0%-16.2%-2.5%+3.7%+29.8%+37.7%
Profit before tax62.40(10.23)(558)(386)(37.57)(240)1,103
Net profit31.621.30(98.24)39.02140(322)(396)
Net profit margin+4.1%+0.2%-12.6%+4.7%+14.6%-25.1%-17.4%
EPS (₹)(0.56)(2.13)(15.42)(10.65)(0.60)(7.90)29.35
Balance sheet
Total assets3,1133,9134,2135,9916,8047,9317,910
Net worth(618)(545)(567)(165)229187466
Total debt2,5943,2083,2934,0725,1506,3035,912
Cash & bank72.1945.8541.2451.9916710281.29
Net working capital1,6761,6141,8621,7451,794150337
Cash flow
Cash from operations9816061,2651,643(195)769285
Cash from investing(100)(299)(28.96)(191)1,08785.10253
Cash from financing(858)(315)(1,246)(1,528)(869)(813)(554)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue200202206181186200174163
Revenue growth (YoY)+7.5%+1.0%+18.2%+10.8%+11.7%---
Other income10.8128.6927.0225.1027.2713.9530.3956.77
EBITDA13784.028.6613112926.73116101
EBITDA margin+68.3%+41.7%+4.2%+72.6%+69.4%+13.4%+66.9%+61.6%
Depreciation36.7638.6233.3231.2732.3629.7430.0728.59
Interest45.0710.4974.1390.2388.6669.9810379.74
Profit before tax65.8063.60(71.77)34.9635.61(59.04)13.4449.21
Tax12.85(22.34)20.249.659.7512.736.722.49
Net profit52.9585.94(92.01)25.3125.86(71.77)6.7246.72
EPS (₹)0.951.90(3.10)0.300.34(2.44)(0.11)1.01
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue0.000.0022.5089.41204193182
Revenue growth--100.0%-74.8%-56.2%+5.9%+6.1%-
EBITDA(42.44)(79.35)(468)(307)(114)102(44.30)
EBITDA margin---2077.9%-343.5%-55.9%+53.0%-24.4%
Profit before tax18.59(138)(562)(397)(227)28.75439
Net profit(96.82)(89.35)(112)(40.32)(52.16)(12.91)(175)
Net profit margin---495.6%-45.1%-25.5%-6.7%-96.3%
EPS (₹)0.53(3.92)(15.96)(10.15)(5.44)0.6210.69
Balance sheet
Total assets1,0221,2191,4232,1152,4892,8482,717
Net worth6566167121,2741,6321,8231,801
Total debt3666035757608221,024824
Cash & bank5.205.4721.594.9359.244.1431.08
Net working capital(24.50)19.10(5.01)49.85135187184
Cash flow
Cash from operations13.29(156)(42.17)21.1112.3870.6789.30
Cash from investing41.6918530880.55353(24.90)977
Cash from financing(55.46)(42.69)(252)(152)(312)(66.95)(1,064)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Other income35.022242.852.844.362.793.9453.12
Total expenses3.2635.211032.362.311155.475.59
EBITDA(3.26)(35.21)(103)(2.36)(2.31)(115)(5.47)(5.59)
Depreciation0.000.000.000.000.000.000.010.01
Interest14.1713.6620.2620.3419.1418.2915.879.54
Profit before tax17.59176(120)(19.86)(17.09)(131)(17.41)37.98
Tax0.00(0.01)0.000.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 01 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue200202206181186200174163
Revenue growth (YoY)+7.5%+1.0%+18.2%+10.8%+11.7%---
Other income10.8128.6927.0225.1027.2713.9530.3956.77
EBITDA13784.028.6613112926.73116101
EBITDA margin+68.3%+41.7%+4.2%+72.6%+69.4%+13.4%+66.9%+61.6%
Depreciation36.7638.6233.3231.2732.3629.7430.0728.59
Interest45.0710.4974.1390.2388.6669.9810379.74
Profit before tax65.8063.60(71.77)34.9635.61(59.04)13.4449.21
Tax12.85(22.34)20.249.659.7512.736.722.49
Net profit52.9585.94(92.01)25.3125.86(71.77)6.7246.72
EPS (₹)0.951.90(3.10)0.300.34(2.44)(0.11)1.01
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue7757047798259621,2812,270
Revenue growth+10.0%-9.6%-5.6%-14.3%-24.9%-43.6%-
Other income52.8455.7698.432688753721,815
Total expenses3663179058469278991,414
Employee cost0.0029.4431.0028.9831.0530.7349.24
EBITDA409387(126)(20.85)35.74382856
EBITDA margin+52.8%+55.0%-16.2%-2.5%+3.7%+29.8%+37.7%
Depreciation13611810186.5097.68117293
Interest2643354295478508771,276
Profit before tax62.40(10.23)(558)(386)(37.57)(240)1,103
Tax17.3024.03(24.92)(20.63)(16.28)38.0773.48
Net profit31.621.30(98.24)39.02140(322)(396)
Net profit margin+4.1%+0.2%-12.6%+4.7%+14.6%-25.1%-17.4%
EPS (₹)(0.56)(2.13)(15.42)(10.65)(0.60)(7.90)29.35
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital352352352352352352352
Reserves & surplus(1,045)(951)(972)(571)(176)(238)40.62
Shareholders' funds (net worth)(618)(545)(567)(165)229187466
Minority interest43.85(21.82)(62.49)(72.36)(82.57)0.000.00
Secured loans2,1432,7472,7283,4844,6135,6875,447
Unsecured loans450461566587538616465
Total debt2,5943,2083,2934,0725,1506,3035,912
Total liabilities3,1133,9134,2135,9916,8047,9317,910
Assets
Gross block4724724804794754,4614,460
Net block68.791141541892193,9424,031
Capital work in progress0.000.000.000.000.0096.4595.53
Investments40.9740.9740.96122176726724
Inventories0.000.000.000.000.000.000.00
Sundry debtors81.5145.1238.2326.8012.0139.3630.54
Cash & bank balances72.1945.8541.2451.9916710281.29
Loans & advances2,7512,8403,0723,3163,6421,7271,538
Total current assets2,9052,9313,1523,3953,8221,8681,649
Total current liabilities1,2291,3171,2901,6512,0271,7181,313
Net working capital1,6761,6141,8621,7451,794150337
Total assets3,1133,9134,2135,9916,8047,9317,910
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash28.3836.6546.2112198.0156.4272.52
Net cash from operating activities9816061,2651,643(195)769285
Net cash from investing activities(100)(299)(28.96)(191)1,08785.10253
Net cash from financing activities(858)(315)(1,246)(1,528)(869)(813)(554)
Net change in cash23.17(8.27)(9.56)(75.00)23.2141.59(16.10)
Closing cash72.1945.8541.2451.9916710281.29
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+10.0%-9.6%-5.6%-14.3%-24.9%-43.6%-
EBITDA growth+5.6%+406.0%-506.6%-158.3%-90.6%-55.4%-
PBT growth+9998.0%+98.2%-44.8%-926.2%+84.4%-+9998.0%
Net income growth+2332.3%+101.3%-351.8%-72.2%+143.6%+18.8%-
Revenue CAGR (3Y)-2.1%-9.9%-15.3%-28.7%-35.3%-17.3%+19.0%
EBITDA CAGR (3Y)-+121.2%---67.6%-28.5%-0.5%
Profitability & leverage
Net income margin+5.8%-4.9%-68.5%-44.3%-2.2%-21.7%+45.3%
Return on capital employed-0.0%0.0%0.0%0.0%0.0%+8.6%
Return on net worth-0.0%0.0%0.0%0.0%0.0%-88.5%
Debt / equity-0.000.00144.2727.5318.710.00
Long-term debt / equity-0.000.0069.1718.5715.810.00
Interest cover96.50124.50-188.17-509.14-1,372.94330.79226.42
Efficiency & per share
Fixed asset turnover-1.481.621.730.390.290.31
Inventory turnover-0.000.000.000.000.000.00
Debtors turnover-16.8923.9542.5037.4736.6572.55
EPS (₹)(0.56)(2.13)(15.42)(10.65)(0.60)(7.90)29.35
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.00(17.00)(17.61)(6.20)4.993.2311.15
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Other income35.022242.852.844.362.793.9453.12
Total expenses3.2635.211032.362.311155.475.59
EBITDA(3.26)(35.21)(103)(2.36)(2.31)(115)(5.47)(5.59)
Depreciation0.000.000.000.000.000.000.010.01
Interest14.1713.6620.2620.3419.1418.2915.879.54
Profit before tax17.59176(120)(19.86)(17.09)(131)(17.41)37.98
Tax0.00(0.01)0.000.000.000.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue0.000.0022.5089.41204193182
Revenue growth--100.0%-74.8%-56.2%+5.9%+6.1%-
Other income13411.6920.7037.9530.2454.30696
Total expenses42.4479.3549039731890.65226
Employee cost0.008.1110.204.755.213.593.34
EBITDA(42.44)(79.35)(468)(307)(114)102(44.30)
EBITDA margin---2077.9%-343.5%-55.9%+53.0%-24.4%
Depreciation0.010.020.040.070.050.020.06
Interest73.4070.42115128143128213
Profit before tax18.59(138)(562)(397)(227)28.75439
Tax(0.01)0.00(0.18)(39.47)(35.11)6.8562.19
Net profit(96.82)(89.35)(112)(40.32)(52.16)(12.91)(175)
Net profit margin---495.6%-45.1%-25.5%-6.7%-96.3%
EPS (₹)0.53(3.92)(15.96)(10.15)(5.44)0.6210.69
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital352352352352352352352
Reserves & surplus1871683068691,2261,4181,396
Shareholders' funds (net worth)6566167121,2741,6321,8231,801
Secured loans65.0681.18509701441350415
Unsecured loans30152265.6559.15380674409
Total debt3666035757608221,024824
Total liabilities1,0221,2191,4232,1152,4892,8482,717
Assets
Gross block0.940.950.951.411.411.271.24
Net block0.330.350.370.420.490.410.40
Capital work in progress0.000.000.000.000.000.000.00
Investments9141,0691,2961,7012,1942,7192,595
Inventories0.000.000.000.000.000.000.00
Sundry debtors5.7325.2538.01110117153136
Cash & bank balances5.205.4721.594.9359.244.1431.08
Loans & advances70.5696.1192.09132141213265
Total current assets81.49127152247317370433
Total current liabilities106108157197183182248
Net working capital(24.50)19.10(5.01)49.85135187184
Total assets1,0221,2191,4232,1152,4892,8482,717
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash3.2017.003.4054.060.6021.780.44
Net cash from operating activities13.29(156)(42.17)21.1112.3870.6789.30
Net cash from investing activities41.6918530880.55353(24.90)977
Net cash from financing activities(55.46)(42.69)(252)(152)(312)(66.95)(1,064)
Net change in cash(0.48)(13.80)13.61(50.67)53.46(21.17)2.25
Closing cash5.205.4721.594.9359.244.1431.08
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth--100.0%-74.8%-56.2%+5.9%+6.1%-
EBITDA growth+46.5%+83.0%-52.2%-169.1%-211.8%+330.5%-
PBT growth+9998.0%+75.4%-41.6%-75.1%--93.5%+369.1%
Net income growth-8.4%+19.9%-176.6%+22.7%-304.0%+92.6%-
Revenue CAGR (3Y)-100.0%-100.0%-51.1%-21.1%-11.5%-17.1%-14.0%
EBITDA CAGR (3Y)-48.3%-11.4%-+90.7%--22.8%-
Profitability & leverage
Net income margin---2498.3%-399.9%-93.8%+11.4%+207.2%
Return on capital employed-0.0%0.0%0.0%+2.3%+4.1%+1.1%
Return on net worth-0.0%0.0%0.0%-3.0%-0.7%-10.8%
Debt / equity-0.890.670.540.530.510.76
Long-term debt / equity-0.400.410.340.160.130.36
Interest cover-172.91-88.72-24.69-41.58-125.04125.03-480.82
Efficiency & per share
Fixed asset turnover-0.0019.0763.41152.40153.59147.18
Inventory turnover-0.000.000.000.000.000.00
Debtors turnover-0.000.300.791.511.331.28
EPS (₹)0.53(3.92)(15.96)(10.15)(5.44)0.6210.69
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0014.7818.7034.6644.8150.2549.63

To see the full year-wise statements and ratios of Sadbhav Infrastructure Project Limited, buy the company report.

Board of directors of Sadbhav Infrastructure Project Limited

Sadbhav Infrastructure Project has 5 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shashin Vishnubhai Patel
Also directs: Sadbhav Engineering Limited, Ahmedabad Ring Road Infrastructure Limited, Sadbhav Jodhpur Ring Road Private Limited and 5 more
Whole-Time Director18 Jan 200719 Years 9 MonthsCurrent
Siddharth Bhupendrabhai Vyas
Also directs: Sadbhav Engineering Limited, Samal Investments Pvt Ltd
Director04 Sep 20251 Years 1 MonthsCurrent
Tarang Madhukar Desai
Also directs: Sadbhav Engineering Limited, Madhukamal Infrastructure Private Limited, Sadbhav Bangalore Highway Private Limited and 4 more
Director12 Aug 20242 Years 2 MonthsCurrent
Shefali Manojbhai Patel
Also directs: Sadbhav Engineering Limited, Sadbhav Gadag Highway Private Limited, Sadbhav Nainital Highway Limited and 3 more
Director06 Jul 20242 Years 3 MonthsCurrent
Ambalal Chhitabhai Patel
Also directs: Sadbhav Engineering Limited, Shree Rama Newsprint Limited, Shah Alloys Limited and 2 more
Director30 Sep 20242 Years 1 MonthsCurrent
View all directors

Peer comparison

Sadbhav Infrastructure Project Limited is compared with the 6 companies closest to it by revenue in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Irb Lalitpur Tollway Private Limited₹946.88 Cr (FY 2025)2982.0%Mumbai, Maharashtra, India
R K Jain Infra Projects Private Limited₹937.74 Cr (FY 2024)27.0%Gurgaon, Haryana, India
RKD Construction Private Limited₹914.66 Cr (FY 2024)19.0%Bhubaneswar, Odisha, India
Shri S. M. Autade Private Limited₹867.41 Cr (FY 2025)-13.0%Pune, Maharashtra, India
Nandi Economic Corridor Enterprises Limited.₹838 Cr (FY 2024)31.0%Off M.G.Road, Bangalore, Karnataka, India
Ajwani Infrastructure Private Limited₹835.21 Cr (FY 2025)59.0%Pune, Maharashtra, India
Sadbhav Infrastructure Project Limitedthis company₹774.56 Cr (FY 2026)₹31.62 Cr4.1%10.0%60Ahmedabad, Gujarat, India

To see the full peer comparison of Sadbhav Infrastructure Project Limited, buy the company report.

Auditor

Sadbhav Infrastructure Project Limited is audited by S G D G & ASSOCIATES LLP for the financial year 2022.

Auditor firmFinancial yearFirm registration number
S G D G & ASSOCIATES LLPFY 2022W100188

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 70.20%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 29.80%.

Promoters: 70.20%Retail & Others: 29.80%
Sep 2026
QUARTER
70.20% Promoters
29.80% Retail & Others
Promoter holding - history
Now 70.20% · Sep 2026High 70.20% · Dec 2025Low 70.20% · Dec 2025
69%69.8%70.5%71.3%72%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 70.20%Mar 2026: 70.20%Jun 2026: 70.20%Sep 2026: 70.20%70.20%70.20%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters70.20%70.20%70.20%70.20%
Public29.80%29.80%29.80%29.80%

Charges & borrowings

Open charges
₹3,706.73 Cr
Satisfied charges
₹14,291 Cr
Breakdown by lending institutions
Others₹2,170.33 Cr
Idbi Trusteeship Services Limited₹952.40 Cr
Sbicap Trustee Company Limited₹484.00 Cr
Idbi Bank Limited₹100.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Aug 2026101375550Others₹125 CrOpen
10 Jul 2026101345354Others₹28 CrOpen
25 Feb 2026101244151Others₹226 CrOpen
02 Feb 2022100540646Others₹16 LakhOpen
21 May 2021100445424Others₹249.77 CrOpen

To see the full charge records of Sadbhav Infrastructure Project Limited, buy the company report.

Total charge records: 51 View all charges

Deals & funding

Sadbhav Infrastructure Project Limited has 32 deals on record (17 market trades, 8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1,300.5 Cr; the latest was in August 2021.

Total deals
32
Market trades
17
Secondary share transfers
8
Funding rounds
3
IPO
1
Disclosed funding
₹1,300.5 Cr

Deals on record (5 of 32)

WhenDealAmountParties
Aug 2021Market trade₹4.41 CrBuyer: Alpha Leon Enterprises LLP
Seller: Alpha Leon Enterprises LLP
Jun 2021Market trade₹7.62 CrBuyer: Vallabh Realtors Pvt Ltd
Mar 2016Market trade₹15.96 CrBuyer: Aarav Financial Services Private Limited
Seller: Lts Investment Fund Ltd
Jan 2016Market trade₹17.22 CrBuyer: Lts Investment Fund Ltd
Seller: Aarav Financial Services Private Limited
Oct 2012Funding round₹125 CrInvestors: Sadbhav Engineering Limited

To see the full deal history of Sadbhav Infrastructure Project Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Sadbhav Infrastructure Project Limited was last rated by Care on 02 Jun 2022.

Rating agencyRated onRating
Care02 Jun 2022

To see the full credit ratings and regulatory alerts of Sadbhav Infrastructure Project Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Sadbhav Infrastructure Project Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Sadbhav Infrastructure Project has 16 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

16
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Maharashtra Border Check Post Network LimitedU45201GJ2009PLC056327
Rohtak-Panipat Tollway Private LimitedU45202GJ2010PTC059322
Sadbhav Bangalore Highway Private LimitedU45202GJ2016PTC094257
Ahmedabad Ring Road Infrastructure LimitedU45203GJ2006PLC048981
Rohtak-Hissar Tollway Private LimitedU45203GJ2013PTC074446
Sadbhav Rudrapur Highway LimitedU45203GJ2016PLC091774

To see the full group structure of Sadbhav Infrastructure Project Limited, buy the company report.

Employees & EPFO

Sadbhav Infrastructure Project Limited has a workforce of 60 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.

Employee count
60
Active EPFO establishments
1

GST

Sadbhav Infrastructure Project has 10 GST registrations: 8 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
10
Active
8
Cancelled / inactive
2
GSTINStateStatusRegistered on
24AAKCS5538G1Z7GujaratActive01 Jul 2017
08AAKCS5538G1Z1RajasthanActive01 Jul 2017
09AAKCS5538G1ZZUttar PradeshActive01 Jul 2017
23AAKCS5538G1Z9Madhya PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Sadbhav Infrastructure Project Limited, buy the company report.

Recent activity

Sadbhav Infrastructure Project Limited has 51 board changes on record since 2007: 28 appointments and 23 cessations. The latest: Jatin Thakkar ceased to be CFO on 12 Nov 2025.

Charges
A charge with Others amounted to Rs. 125.00 Cr with Charge ID 101375550 was registered on 18 Aug 2026.
Charges
A charge with Others amounted to Rs. 28.00 Cr with Charge ID 101345354 was registered on 10 Jul 2026.
Filing
Sadbhav Infrastructure Project Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 226.00 Cr with Charge ID 101244151 was registered on 25 Feb 2026.
Charges
A charge registered on 10 Sep 2024 via Charge ID 100971935 with Others was fully satisfied on 11 Feb 2026.
Charges
A charge registered on 09 Aug 2024 via Charge ID 100962780 with Others was fully satisfied on 11 Feb 2026.
Ceased
Jatin Thakkar ceased to be CFO.
AGM
Sadbhav Infrastructure Project Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Siddharth Bhupendrabhai Vyas was appointed as Director.
Ceased
Daksha Niranjan Shah ceased to be Director.
Ceased
Hardik Jigneshkumar Modi ceased to be Company Secretary.
Ceased
Arunbhai Shankerlal Patel ceased to be Director.

162 earlier events are in the company report.

News

Frequently asked questions

Sadbhav Infrastructure Project is an active public limited company based in Ahmedabad, Gujarat, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 18 January 2007 (19+ years old) and is registered under CIN L45202GJ2007PLC049808. Listed on BSE: 539346 and NSE: SADBHIN.

Sadbhav Infrastructure Project reported revenue of ₹774.56 Cr for FY 2025-26 (up 10% YoY) based on consolidated financials.

Sadbhav Infrastructure Project has 5 current directors:

The latest financial statements of Sadbhav Infrastructure Project 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 Infrastructure Project is 24AAKCS5538G1Z7, registered in Gujarat. The company has 10 GST registrations in all, of which 8 are active and 2 are cancelled or inactive. Other active GSTINs include 08AAKCS5538G1Z1 (Rajasthan), 09AAKCS5538G1ZZ (Uttar Pradesh), 23AAKCS5538G1Z9 (Madhya Pradesh).

The CIN (Corporate Identification Number) of Sadbhav Infrastructure Project is L45202GJ2007PLC049808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Sadbhav Infrastructure Project is a listed company as per MCA records. Its shares are listed on both BSE (code: 539346) and NSE (symbol: SADBHIN).

Sadbhav Infrastructure Project has 33 court cases on record: 9 filed by the company and 24 filed against it. 10 are pending. Most are in the high courts.

Sadbhav Infrastructure Project was incorporated on 18 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Sadbhav Infrastructure Project has 32 deals on record (17 market trades, 8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1,300.5 Cr; the latest was in August 2021.

The peers of Sadbhav Infrastructure Project by revenue are Irb Lalitpur Tollway Private Limited, R K Jain Infra Projects Private Limited, RKD Construction Private Limited, Shri S. M. Autade Private Limited, Nandi Economic Corridor Enterprises Limited. and 1 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).