Sadbhav Infrastructure Project Limited - infrastructure and utilities in Ahmedabad, Gujarat, India. FY 2026 financials and 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
Revenue · FY 2026
₹774.56 Cr
▲ 10.03% YoY
EBITDA · FY 2026
₹546.11 Cr
▲ 11.62% YoY
Net profit · FY 2026
₹45.06 Cr
▲ 231.55% YoY
Authorised capital
₹403 Cr
Registered with MCA
Paid-up capital
₹352.23 Cr
Issued & subscribed
Open charges
₹3,955.73 Cr
Satisfied ₹13,663 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
60
Latest available

About Sadbhav Infrastructure Project Limited

Data last updated: 17 December 2025

Sadbhav Infrastructure Project Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Sadbhav Engineering Limited. It specialises in road and bridge construction, a part of the broader infrastructure and utilities sector. Incorporated on 18 January 2007, the company has been in operation for over 19 years.

Registered with ROC Ahmedabad under CIN L45202GJ2007PLC049808. Listed on BSE: 539346 and NSE: SADBHIN.

Capital: an authorised share capital of ₹403 Cr and a paid-up capital of ₹352.23 Cr. It is led by directors including Tarang Madhukar Desai and Ambalal Chhitabhai Patel.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Sadbhav House Opp.Law Garden Police Chowki Ellisbridge Ahmedabad, Gujarat, India – 380006.

As per the financials filed for FY 2024, the company reported a revenue of ₹877.32 Cr, a decline of 20% compared to the previous year.

The company has a workforce of approximately 60 employees as per the latest available data. It operates as a subsidiary of Sadbhav Engineering Limited. 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 ₹3,955.73 Cr and satisfied charges of ₹13,663 Cr on record.

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 of Sadbhav Infrastructure Project Limited
CIN L45202GJ2007PLC049808
Registration Number 049808
Incorporation Date 18 January 2007
ROC Ahmedabad
Listing Status Listed (BSE: 539346, NSE: SADBHIN)
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Sadbhav Engineering Limited
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
    **************
  • Registered Address
    Sadbhav House Opp.Law Garden Police Chowki Ellisbridge Ahmedabad, Gujarat, India – 380006
  • Industry
    Infrastructure and Utilities, Road & Bridge Construction
Company report
Sadbhav Infrastructure Project Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Sadbhav Infrastructure Project Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Sadbhav Infrastructure Project Limited

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

CIN Status
L45202GJ2007PLC049808 Current
U45202GJ2007PLC049808 Previous

Associated Brands with Sadbhav Infrastructure Project Limited

Sadbhav Infrastructure Project Limited operates one associated brand: Sadbhav Infrastructure. These brands represent Sadbhav Infrastructure Project Limited's diversified market presence and brand portfolio.

Brand Description Website
Road and highway infrastructure development services are provided in India. sadbhavinfra.co.in

Competitors & Alternatives of Sadbhav Infrastructure Project Limited

Brands and companies operating in the same space as Sadbhav Infrastructure Project Limited include Construction Partners, Transurban, Highway Concessions One Private and 6 more.

Competitor Description Location Founded
Construction Partners Construction Partners Provider of construction services Dothan, United States, United States 2001
Transurban Transurban Road infrastructure development and management services are provided internationally. Melbourne, Australia, Australia 1995
Highway Concessions One Private Highway Concessions One Private Highway concessions are invested in, operated, and managed across India. Mumbai, India, India 2010
G R Infraprojects G R Infraprojects EPC provider for infrastructure projects and manufacturer of related materials Udaipur, India, India 1995
IL&FS Transportation IL&FS Transportation Developer and operator of transportation infrastructure projects, including highways and tunnels Mumbai, India, India 2000
Colas Colas Road infrastructure development services are provided worldwide. Paris, France, France 1929
SMEC SMEC Provider of road infrastructure development services Brisbane, Australia, Australia 1970
American Track American Track Railroad infrastructure development services are provided by American Track. Fort Worth, United States, United States 2021
FCC Construccion FCC Construccion Developer of highways infrastructure Madrid, Spain, Spain 1900

Business Activity of Sadbhav Infrastructure Project Limited

Sadbhav Infrastructure Project Limited is engaged in the principal business activity of construction, with detailed activities including roads, railways, utility projects.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
F Construction F2 Roads, railways, Utility projects *********

Auditor Details of Sadbhav Infrastructure Project Limited

Sadbhav Infrastructure Project Limited is audited by S G D G & Associates LLP (ICAI peer reviewed, certificate valid till 2026-10-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
S G D G & Associates LLP (ICAI peer reviewed, certificate valid till 2026-10-31) FY 2026 Statement on impact of audit qualification

Board of Directors of Sadbhav Infrastructure Project Limited

Sadbhav Infrastructure Project Limited is currently managed by 8 directors, with 29 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Tarang Madhukar Desai Director 12 Aug 2024 1 Years 10 Months Current
Ambalal Chhitabhai Patel Director 30 Sep 2024 1 Years 9 Months Current
Siddharth Bhupendrabhai Vyas Director 04 Sep 2025 0 Years 10 Months Current
Jatin Thakkar Cfo 17 Dec 2022 3 Years 6 Months Current
Shefali Manojbhai Patel Director 06 Jul 2024 2 Years 0 Months Current
Shashin Vishnubhai Patel Whole-Time Director 18 Jan 2007 19 Years 5 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Sadbhav Infrastructure Project Limited FY 2026 filings available

Sadbhav Infrastructure Project Limited reported revenue of ₹774.56 Cr (up 10.03% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹774.56 Cr ▲ 10.03%
Profit · FY 2026
₹45.06 Cr ▲ 231.55%
EBITDA · FY 2026
₹546.11 Cr ▲ 11.62%
Revenue₹ Cr · Consolidated01,0002,0003,000FY 2020: ₹2,270 Cr2,270FY 2020FY 2021: ₹1,281 Cr · -43.6% YoY1,281-43.6%FY 2021FY 2022: ₹962 Cr · -24.9% YoY962-24.9%FY 2022FY 2023: ₹825 Cr · -14.3% YoY825-14.3%FY 2023FY 2024: ₹779 Cr · -5.6% YoY779-5.6%FY 2024FY 2025: ₹704 Cr · -9.6% YoY704-9.6%FY 2025FY 2026: ₹775 Cr · +10% YoY775+10%FY 2026
Net Profit₹ Cr · Consolidated-1,000-50005001,0001,500FY 2020: ₹1,029 Cr1,029FY 2020FY 2021: ₹278 Cr (loss) · -127% YoY-278FY 2021FY 2022: ₹21 Cr (loss) · +92.4% YoY-21.3FY 2022FY 2023: ₹365 Cr (loss) · -1614.8% YoY-365FY 2023FY 2024: ₹533 Cr (loss) · -46.1% YoY-533FY 2024FY 2025: ₹34 Cr (loss) · +93.6% YoY-34.3FY 2025FY 2026: ₹45 Cr · +231.5% YoY45.1+231.5%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0100200300Q1'25: ₹167 Cr · -30.5% YoY167-30.5%Q1'25Q2'25: ₹163 Cr · +1.7% YoY163+1.7%Q2'25Q3'25: ₹174 Cr · -14.6% YoY174-14.6%Q3'25Q4'25: ₹200 Cr · +14.6% YoY200+14.6%Q4'25Q1'26: ₹186 Cr · +11.7% YoY186+11.7%Q1'26Q2'26: ₹181 Cr · +10.8% YoY181+10.8%Q2'26Q3'26: ₹206 Cr · +18.2% YoY206+18.2%Q3'26Q4'26: ₹202 Cr · +1% YoY202+1%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹774.56 Cr ₹703.96 Cr ₹778.89 Cr ₹824.73 Cr ₹962.33 Cr ₹1,280.79 Cr ₹2,270.4 Cr
Other Income ₹52.88 Cr ₹55.76 Cr ₹98.43 Cr ₹268.36 Cr ₹874.77 Cr ₹328.66 Cr ₹312.36 Cr
Total Income ₹827.43 Cr ₹759.71 Cr ₹877.32 Cr ₹1,093.09 Cr ₹1,837.1 Cr ₹1,609.45 Cr ₹2,582.76 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹2.7 Lakh
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹26.45 Cr ₹29.44 Cr ₹31 Cr ₹28.98 Cr ₹31.05 Cr ₹30.73 Cr ₹49.24 Cr
Finance Costs ₹263.5 Cr ₹335.39 Cr ₹428.75 Cr ₹546.56 Cr ₹850.4 Cr ₹877.11 Cr ₹1,275.86 Cr
Depreciation & Amortisation ₹135.58 Cr ₹117.63 Cr ₹101.38 Cr ₹86.5 Cr ₹97.68 Cr ₹116.81 Cr ₹292.73 Cr
Other Expenses ₹254.88 Cr ₹241.02 Cr ₹415.31 Cr ₹417.13 Cr ₹744.01 Cr ₹868.09 Cr ₹1,364.91 Cr
Total Expenses ₹680.41 Cr ₹723.47 Cr ₹976.44 Cr ₹1,079.17 Cr ₹1,723.14 Cr ₹1,892.73 Cr ₹2,982.76 Cr
Profit Before Exceptional Items & Tax ₹147.03 Cr ₹36.24 Cr -₹99.12 Cr ₹13.92 Cr ₹113.96 Cr -₹283.29 Cr -₹400 Cr
Exceptional Items -₹84.62 Cr -₹46.47 Cr -₹459.05 Cr -₹399.47 Cr -₹151.52 Cr ₹43.05 Cr ₹1,502.85 Cr
Profit Before Tax ₹62.41 Cr -₹10.22 Cr -₹558.17 Cr -₹385.55 Cr -₹37.57 Cr -₹240.24 Cr ₹1,102.85 Cr
Total Tax Expense ₹15.91 Cr ₹24.03 Cr -₹24.92 Cr -₹20.63 Cr -₹16.29 Cr ₹38.06 Cr ₹73.49 Cr
Net Profit ₹45.06 Cr -₹34.26 Cr -₹533.25 Cr -₹364.92 Cr -₹21.28 Cr -₹278.3 Cr ₹1,029.36 Cr
  attributable to Owners -₹19.91 Cr -₹74.98 Cr -₹543.12 Cr -₹375.13 Cr -₹21.02 Cr -₹278.27 Cr ₹1,033.68 Cr
  attributable to NCI ₹64.97 Cr ₹40.73 Cr ₹9.87 Cr ₹10.21 Cr -₹25.5 Lakh ₹0 -₹4.29 Cr
Other Comprehensive Income -₹1.2 Cr -₹12.7 Lakh -₹49.8 Lakh ₹10.7 Lakh ₹51.1 Lakh ₹2.8 Lakh ₹2.2 Lakh
Total Comprehensive Income ₹43.87 Cr -₹34.38 Cr -₹533.75 Cr -₹364.81 Cr -₹20.77 Cr -₹278.27 Cr ₹1,029.38 Cr
EBITDA (computed) ₹546.11 Cr ₹489.26 Cr ₹431.01 Cr ₹646.97 Cr ₹1,062.03 Cr ₹710.63 Cr ₹1,168.59 Cr
Basic EPS ₹-0.57 ₹-2.13 ₹-15.42 ₹-10.65 ₹-0.58 ₹-7.90 ₹29.35
Diluted EPS ₹-0.57 ₹-2.13 ₹-15.42 ₹-10.65 ₹-0.58 ₹-7.90 ₹29.35
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹4,341.84 Cr ₹5,240.01 Cr ₹5,518.91 Cr ₹7,699.33 Cr
Non-current Assets ₹113.05 Cr ₹947.58 Cr ₹983.16 Cr ₹2,088.04 Cr
Current Assets ₹2,904.84 Cr ₹2,930.87 Cr ₹3,151.93 Cr ₹3,395.17 Cr
Property, Plant & Equipment ₹37.8 Lakh ₹26.1 Lakh ₹1.23 Cr ₹1.75 Cr
Inventories ₹0 ₹0 ₹0 ₹0
Trade Receivables ₹81.51 Cr ₹45.12 Cr ₹38.23 Cr ₹384.25 Cr
Cash & Equivalents ₹51.54 Cr ₹28.38 Cr ₹36.65 Cr ₹46.21 Cr
Equity (Net Worth) -₹574.64 Cr -₹567.22 Cr -₹629.46 Cr -₹237.52 Cr
Equity Share Capital ₹352.23 Cr ₹352.23 Cr ₹352.23 Cr ₹352.23 Cr
Borrowings (Non-current) ₹0 ₹641.97 Cr ₹929.72 Cr ₹1,731.1 Cr
Borrowings (Current) ₹2,592.18 Cr ₹2,563.78 Cr ₹2,361.43 Cr ₹2,337.78 Cr
Total Debt (computed) ₹2,592.18 Cr ₹3,205.75 Cr ₹3,291.15 Cr ₹4,068.88 Cr
Current Liabilities ₹3,822.57 Cr ₹3,882.57 Cr ₹3,653.86 Cr ₹3,991.08 Cr
Total Liabilities ₹4,916.48 Cr ₹5,807.23 Cr ₹6,148.36 Cr ₹7,936.85 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹980.75 Cr ₹606.03 Cr ₹1,265.43 Cr ₹1,643.36 Cr -₹725.19 Cr
Investing Cash Flow -₹100.02 Cr -₹299.04 Cr -₹28.96 Cr -₹190.85 Cr ₹2,142.03 Cr
Financing Cash Flow -₹857.57 Cr -₹315.27 Cr -₹1,246.03 Cr -₹1,527.52 Cr -₹1,393.64 Cr
Capital Expenditure ₹0 ₹0 ₹0 ₹0 ₹0
Free Cash Flow (computed) ₹980.75 Cr ₹606.03 Cr ₹1,265.43 Cr ₹1,643.36 Cr -₹725.19 Cr
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash ₹23.16 Cr -₹8.27 Cr -₹9.56 Cr -₹75 Cr ₹23.21 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹201.68 Cr ₹205.54 Cr ₹181.06 Cr ₹186.28 Cr ₹199.74 Cr ₹173.91 Cr ₹163.48 Cr ₹166.82 Cr ₹174.33 Cr ₹203.6 Cr ₹160.78 Cr ₹240.18 Cr
Other Income -₹26.52 Cr ₹27.03 Cr ₹25.1 Cr ₹27.27 Cr ₹13.95 Cr ₹30.39 Cr ₹6.54 Cr ₹4.88 Cr ₹21.13 Cr ₹6.7 Cr ₹34.46 Cr ₹36.14 Cr
Total Income ₹175.16 Cr ₹232.56 Cr ₹206.16 Cr ₹213.55 Cr ₹213.69 Cr ₹204.3 Cr ₹170.02 Cr ₹171.7 Cr ₹195.46 Cr ₹210.3 Cr ₹195.24 Cr ₹276.32 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹6.28 Cr ₹7.02 Cr ₹6.45 Cr ₹6.7 Cr ₹7.53 Cr ₹7.17 Cr ₹7.65 Cr ₹7.08 Cr ₹8.98 Cr ₹7.8 Cr ₹6.84 Cr ₹7.38 Cr
Finance Costs ₹10.49 Cr ₹74.13 Cr ₹90.23 Cr ₹88.66 Cr ₹69.98 Cr ₹103.16 Cr ₹79.74 Cr ₹82.51 Cr ₹95.99 Cr ₹101.14 Cr ₹120.94 Cr ₹110.68 Cr
Depreciation & Amortisation ₹38.62 Cr ₹33.32 Cr ₹31.27 Cr ₹32.36 Cr ₹29.74 Cr ₹30.07 Cr ₹28.59 Cr ₹29.23 Cr ₹25.68 Cr ₹25.67 Cr ₹24.87 Cr ₹25.17 Cr
Other Expenses ₹111.38 Cr ₹50.03 Cr ₹43.24 Cr ₹50.22 Cr ₹68.78 Cr ₹50.46 Cr ₹55.06 Cr ₹66.71 Cr ₹104.97 Cr ₹115.56 Cr ₹67.41 Cr ₹127.37 Cr
Total Expenses ₹166.77 Cr ₹164.5 Cr ₹171.2 Cr ₹177.94 Cr ₹176.03 Cr ₹190.85 Cr ₹171.05 Cr ₹185.54 Cr ₹235.62 Cr ₹250.17 Cr ₹220.06 Cr ₹270.6 Cr
Profit Before Exceptional Items & Tax ₹8.4 Cr ₹68.06 Cr ₹34.96 Cr ₹35.61 Cr ₹37.65 Cr ₹13.45 Cr -₹1.02 Cr -₹13.83 Cr -₹40.15 Cr -₹39.87 Cr -₹24.82 Cr ₹5.72 Cr
Exceptional Items ₹55.21 Cr -₹139.83 Cr ₹0 ₹0 -₹96.7 Cr ₹0 ₹50.23 Cr ₹0 -₹67.06 Cr -₹86.65 Cr -₹284.53 Cr -₹20.81 Cr
Profit Before Tax ₹63.6 Cr -₹71.77 Cr ₹34.96 Cr ₹35.61 Cr -₹59.05 Cr ₹13.45 Cr ₹49.21 Cr -₹13.83 Cr -₹107.22 Cr -₹126.51 Cr -₹309.35 Cr -₹15.09 Cr
Total Tax Expense -₹23.43 Cr ₹19.94 Cr ₹9.65 Cr ₹9.75 Cr ₹12.73 Cr ₹6.72 Cr ₹2.49 Cr ₹2.1 Cr -₹13.71 Cr -₹3.7 Cr -₹13.52 Cr ₹6.01 Cr
Net Profit ₹85.9 Cr -₹92.01 Cr ₹25.31 Cr ₹25.86 Cr -₹71.77 Cr ₹6.73 Cr ₹46.72 Cr -₹15.93 Cr -₹93.5 Cr -₹122.82 Cr -₹295.84 Cr -₹21.1 Cr
  attributable to Owners ₹66.77 Cr -₹109.12 Cr ₹10.47 Cr ₹11.98 Cr -₹86 Cr -₹3.74 Cr ₹35.57 Cr - -₹95.4 Cr -₹124.34 Cr -₹300.1 Cr -₹23.28 Cr
  attributable to NCI ₹19.13 Cr ₹17.11 Cr ₹14.84 Cr ₹13.88 Cr ₹14.23 Cr ₹10.46 Cr ₹11.15 Cr - ₹1.89 Cr ₹1.52 Cr ₹4.26 Cr ₹2.19 Cr
Other Comprehensive Income -₹1.03 Cr -₹16.4 Lakh ₹0 ₹0 -₹12.7 Lakh ₹0 ₹0 ₹0 -₹49.8 Lakh ₹0 ₹0 ₹0
Total Comprehensive Income ₹84.87 Cr -₹92.17 Cr ₹25.31 Cr ₹25.86 Cr -₹71.9 Cr ₹6.73 Cr ₹46.72 Cr -₹15.93 Cr -₹94 Cr -₹122.82 Cr -₹295.84 Cr -₹21.1 Cr
EBITDA (computed) ₹57.51 Cr ₹175.51 Cr ₹156.46 Cr ₹156.63 Cr ₹137.37 Cr ₹146.67 Cr ₹107.31 Cr ₹97.9 Cr ₹81.52 Cr ₹86.94 Cr ₹120.99 Cr ₹141.57 Cr
Basic EPS ₹1.90 ₹-3.10 ₹0.30 ₹0.34 ₹-2.44 ₹-0.11 ₹1.08 ₹-0.59 ₹-2.72 ₹-3.53 ₹-8.52 ₹-0.66
Diluted EPS ₹1.90 ₹-3.10 ₹0.30 ₹0.34 ₹-2.44 ₹-0.11 ₹1.08 ₹0.00 ₹-2.72 ₹-3.53 ₹-8.52 ₹-0.66
Latest 12 quarters shown of 24 on record.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹0 ₹0 ₹22.5 Cr ₹89.41 Cr ₹204.21 Cr ₹192.76 Cr ₹181.77 Cr
Other Income ₹19.02 Cr ₹11.69 Cr ₹20.7 Cr ₹37.95 Cr ₹30.24 Cr ₹11.25 Cr ₹76.65 Cr
Total Income ₹19.02 Cr ₹11.69 Cr ₹43.2 Cr ₹127.36 Cr ₹234.45 Cr ₹204 Cr ₹258.42 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹2.7 Lakh
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹6.61 Cr ₹8.11 Cr ₹10.2 Cr ₹4.75 Cr ₹5.21 Cr ₹3.59 Cr ₹3.34 Cr
Finance Costs ₹73.4 Cr ₹70.42 Cr ₹115.43 Cr ₹127.74 Cr ₹142.79 Cr ₹127.64 Cr ₹213.29 Cr
Depreciation & Amortisation ₹1 Lakh ₹1.8 Lakh ₹3.7 Lakh ₹7 Lakh ₹5.4 Lakh ₹2.4 Lakh ₹5.9 Lakh
Other Expenses ₹35.83 Cr ₹22.37 Cr ₹28.88 Cr ₹74.45 Cr ₹168.73 Cr ₹87.05 Cr ₹222.7 Cr
Total Expenses ₹115.85 Cr ₹100.91 Cr ₹154.55 Cr ₹207.02 Cr ₹316.78 Cr ₹218.31 Cr ₹439.42 Cr
Profit Before Exceptional Items & Tax -₹96.83 Cr -₹89.22 Cr -₹111.35 Cr -₹79.65 Cr -₹82.33 Cr -₹14.31 Cr -₹181 Cr
Exceptional Items ₹115.42 Cr -₹48.87 Cr -₹450.95 Cr -₹317.35 Cr -₹144.42 Cr ₹43.05 Cr ₹619.81 Cr
Profit Before Tax ₹18.59 Cr -₹138.09 Cr -₹562.3 Cr -₹397.01 Cr -₹226.75 Cr ₹28.74 Cr ₹438.81 Cr
Total Tax Expense -₹80,000 ₹0 -₹18.3 Lakh -₹39.46 Cr -₹35.11 Cr ₹6.85 Cr ₹62.19 Cr
Net Profit ₹18.59 Cr -₹138.09 Cr -₹562.11 Cr -₹357.55 Cr -₹191.65 Cr ₹21.89 Cr ₹376.62 Cr
Other Comprehensive Income ₹22.7 Lakh -₹1.1 Lakh -₹28.9 Lakh ₹3.8 Lakh ₹25.7 Lakh -₹12.7 Lakh ₹3.6 Lakh
Total Comprehensive Income ₹18.82 Cr -₹138.1 Cr -₹562.4 Cr -₹357.51 Cr -₹191.39 Cr ₹21.77 Cr ₹376.65 Cr
EBITDA (computed) -₹23.42 Cr -₹18.79 Cr ₹4.12 Cr ₹48.16 Cr ₹60.51 Cr ₹113.36 Cr ₹32.35 Cr
Basic EPS ₹0.53 ₹-3.92 ₹-15.96 ₹-10.15 ₹-5.43 ₹0.62 ₹10.69
Diluted EPS ₹0.53 ₹-3.92 ₹-15.96 ₹-10.15 ₹-5.43 ₹0.62 ₹10.69
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹1,128.4 Cr ₹1,327.15 Cr ₹1,579.74 Cr ₹2,309.29 Cr
Non-current Assets ₹916.18 Cr ₹1,069.63 Cr ₹1,297.33 Cr ₹1,765.91 Cr
Current Assets ₹81.49 Cr ₹126.8 Cr ₹151.69 Cr ₹237.65 Cr
Property, Plant & Equipment ₹4 Lakh ₹5.8 Lakh ₹7.7 Lakh ₹13.7 Lakh
Inventories ₹0 ₹0 ₹0 ₹0
Trade Receivables ₹5.73 Cr ₹25.25 Cr ₹38.01 Cr ₹110.16 Cr
Cash & Equivalents ₹2.72 Cr ₹3.2 Cr ₹17 Cr ₹3.4 Cr
Equity (Net Worth) ₹655.75 Cr ₹615.97 Cr ₹711.78 Cr ₹1,274.17 Cr
Equity Share Capital ₹352.23 Cr ₹352.23 Cr ₹352.23 Cr ₹352.23 Cr
Borrowings (Non-current) ₹59.15 Cr ₹191.2 Cr ₹338.6 Cr ₹482.04 Cr
Borrowings (Current) ₹306.81 Cr ₹411.5 Cr ₹236.49 Cr ₹278.23 Cr
Total Debt (computed) ₹365.96 Cr ₹602.7 Cr ₹575.08 Cr ₹760.27 Cr
Current Liabilities ₹412.81 Cr ₹519.21 Cr ₹393.18 Cr ₹472.48 Cr
Total Liabilities ₹472.65 Cr ₹711.18 Cr ₹867.96 Cr ₹1,035.11 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹13.29 Cr -₹155.95 Cr -₹42.17 Cr ₹21.11 Cr ₹12.38 Cr
Investing Cash Flow ₹41.69 Cr ₹184.84 Cr ₹308.09 Cr ₹80.55 Cr ₹352.72 Cr
Financing Cash Flow -₹55.46 Cr -₹42.69 Cr -₹252.31 Cr -₹152.33 Cr -₹311.64 Cr
Capital Expenditure ₹0 ₹0 ₹0 ₹0 ₹14.4 Lakh
Free Cash Flow (computed) ₹13.29 Cr -₹155.95 Cr -₹42.17 Cr ₹21.11 Cr ₹12.24 Cr
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash -₹48.1 Lakh -₹13.8 Cr ₹13.61 Cr -₹50.67 Cr ₹53.46 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹6.6 Lakh ₹1.67 Cr ₹7.77 Cr ₹13 Cr
Other Income ₹8.97 Cr ₹2.85 Cr ₹2.84 Cr ₹4.36 Cr ₹2.79 Cr ₹3.03 Cr ₹2.89 Cr ₹2.97 Cr ₹6.23 Cr ₹2.85 Cr ₹3.92 Cr ₹7.7 Cr
Total Income ₹8.97 Cr ₹2.85 Cr ₹2.84 Cr ₹4.36 Cr ₹2.79 Cr ₹3.03 Cr ₹2.89 Cr ₹2.97 Cr ₹6.3 Cr ₹4.52 Cr ₹11.69 Cr ₹20.7 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹1.63 Cr ₹1.41 Cr ₹1.78 Cr ₹1.79 Cr ₹1.81 Cr ₹2.01 Cr ₹2.14 Cr ₹2.15 Cr ₹2.47 Cr ₹3.24 Cr ₹2.31 Cr ₹2.18 Cr
Finance Costs ₹13.66 Cr ₹20.26 Cr ₹20.34 Cr ₹19.14 Cr ₹18.29 Cr ₹15.87 Cr ₹9.54 Cr ₹26.72 Cr ₹27.32 Cr ₹29.21 Cr ₹29.48 Cr ₹29.43 Cr
Depreciation & Amortisation ₹20,000 ₹20,000 ₹20,000 ₹20,000 ₹40,000 ₹50,000 ₹50,000 ₹50,000 ₹90,000 ₹90,000 ₹90,000 ₹90,000
Other Expenses ₹33.58 Cr ₹1.15 Cr ₹58.1 Lakh ₹52.7 Lakh ₹13.44 Cr ₹3.46 Cr ₹3.46 Cr ₹2.01 Cr ₹3.41 Cr ₹3.33 Cr ₹8 Cr ₹14.15 Cr
Total Expenses ₹48.87 Cr ₹22.82 Cr ₹22.7 Cr ₹21.46 Cr ₹33.54 Cr ₹21.35 Cr ₹15.14 Cr ₹30.89 Cr ₹33.21 Cr ₹35.78 Cr ₹39.8 Cr ₹45.76 Cr
Profit Before Exceptional Items & Tax -₹39.9 Cr -₹19.97 Cr -₹19.86 Cr -₹17.1 Cr -₹30.74 Cr -₹18.32 Cr -₹12.25 Cr -₹27.91 Cr -₹26.91 Cr -₹31.27 Cr -₹28.11 Cr -₹25.07 Cr
Exceptional Items ₹215.42 Cr -₹100 Cr ₹0 ₹0 -₹100 Cr ₹90.1 Lakh ₹50.23 Cr ₹0 -₹43.16 Cr -₹82.11 Cr -₹245.49 Cr -₹80.2 Cr
Profit Before Tax ₹175.52 Cr -₹119.97 Cr -₹19.86 Cr -₹17.1 Cr -₹130.74 Cr -₹17.42 Cr ₹37.98 Cr -₹27.91 Cr -₹70.07 Cr -₹113.38 Cr -₹273.59 Cr -₹105.26 Cr
Total Tax Expense -₹80,000 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 -₹18.3 Lakh ₹0 ₹0 ₹0
Net Profit ₹175.52 Cr -₹119.97 Cr -₹19.86 Cr -₹17.1 Cr -₹130.74 Cr -₹17.42 Cr ₹37.98 Cr -₹27.91 Cr -₹69.88 Cr -₹113.38 Cr -₹273.59 Cr -₹105.26 Cr
Other Comprehensive Income ₹22.7 Lakh ₹0 ₹0 ₹0 -₹1.1 Lakh ₹0 ₹0 ₹0 -₹28.9 Lakh ₹0 ₹0 ₹0
Total Comprehensive Income ₹175.75 Cr -₹119.97 Cr -₹19.86 Cr -₹17.1 Cr -₹130.76 Cr -₹17.42 Cr ₹37.98 Cr -₹27.91 Cr -₹70.17 Cr -₹113.38 Cr -₹273.59 Cr -₹105.26 Cr
EBITDA (computed) -₹26.23 Cr ₹29.3 Lakh ₹48.2 Lakh ₹2.04 Cr -₹12.45 Cr -₹2.44 Cr -₹2.71 Cr -₹1.19 Cr ₹41.6 Lakh -₹2.05 Cr ₹1.38 Cr ₹4.37 Cr
Basic EPS ₹4.98 ₹-3.41 ₹-0.56 ₹-0.49 ₹-3.71 ₹-0.49 ₹1.08 ₹-0.79 ₹-1.98 ₹-3.22 ₹-7.77 ₹-2.99
Diluted EPS ₹4.98 ₹-3.41 ₹-0.56 ₹-0.49 ₹-3.71 ₹-0.49 ₹1.08 ₹0.00 ₹-1.98 ₹-3.22 ₹-7.77 ₹-2.99
Latest 12 quarters shown of 24 on record.
Want more history and ratios?
You're viewing the latest exchange-filed financials for Sadbhav Infrastructure Project Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Shareholding Pattern of Sadbhav Infrastructure Project Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 70.25%, foreign institutional investors hold 0.00%, retail and other public shareholders hold 29.75% of Sadbhav Infrastructure Project Limited. The company had 53,215 shareholders on record.

Promoters: 70.25%Retail & Others: 29.75%
Mar 2026
QUARTER
70.25% Promoters
29.75% Retail & Others
Promoter holding - history
Now 70.25% · Mar 2026High 70.34% · Mar 2021Low 68.95% · Dec 2015
67%68.3%69.5%70.8%72%Dec 2015Jun 2018Dec 2020Jun 2023Dec 2025Dec 2015: 68.95%Mar 2016: 68.98%Jun 2016: 68.98%Sep 2016: 68.98%Dec 2016: 69.28%Mar 2017: 69.28%Jun 2017: 69.28%Sep 2017: 69.28%Dec 2017: 69.35%Mar 2018: 69.35%Jun 2018: 69.48%Sep 2018: 69.61%Dec 2018: 69.63%Mar 2019: 69.63%Jun 2019: 69.63%Sep 2019: 69.63%Dec 2019: 69.63%Mar 2020: 70.08%Jun 2020: 70.28%Sep 2020: 70.28%Dec 2020: 70.31%Mar 2021: 70.34%Jun 2021: 70.34%Sep 2021: 70.34%Dec 2021: 70.34%Mar 2022: 70.34%Jun 2022: 70.34%Sep 2022: 70.34%Dec 2022: 70.34%Mar 2023: 70.34%Jun 2023: 70.34%Sep 2023: 70.34%Dec 2023: 70.34%Mar 2024: 70.34%Jun 2024: 70.31%Sep 2024: 69.74%Dec 2024: 70.25%Mar 2025: 70.25%Jun 2025: 70.25%Sep 2025: 70.25%Dec 2025: 70.25%Mar 2026: 70.25%70.34%68.95%70.25%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters70.25%70.25%70.25%70.25%70.25%70.25%
Public29.75%29.75%29.75%29.75%29.75%29.75%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters70.25%70.25%70.34%70.34%70.34%70.34%70.08%69.63%69.35%69.28%68.98%
Public29.75%29.75%29.66%29.66%29.66%29.66%29.92%30.37%30.65%30.72%31.02%
Promoter change (YoY, %pts)+0.00-0.09+0.00+0.00+0.00+0.26+0.45+0.28+0.07+0.30-

Board & Governance of Sadbhav Infrastructure Project Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Sadbhav Infrastructure Project Limited has 5 directors - 3 independent and 1 executive. The board is chaired by SHASHIN VISHNUBHAI PATEL.

DirectorPositionOn board sinceListed boards
SHASHIN VISHNUBHAI PATEL Executive Director · Chairperson 2007-01-18 2
Siddharth Bhupendrabhai Vyas Non-Executive - Non Independent Director 2025-09-04 2
SHEFALI MANOJBHAI PATEL Non-Executive - Independent Director 2024-07-06 2
TARANG MADHUKAR DESAI Non-Executive - Independent Director 2024-08-12 2
AMBALAL CHHITABHAI PATEL Non-Executive - Independent Director 2024-09-30 5
Board Committees
CommitteeMembers
Audit Committee SHASHIN VISHNUBHAI PATEL, SHEFALI MANOJBHAI PATEL (Chairperson), TARANG MADHUKAR DESAI
Nomination and remuneration committee SHEFALI MANOJBHAI PATEL (Chairperson), TARANG MADHUKAR DESAI, AMBALAL CHHITABHAI PATEL
Stakeholders Relationship Committee SHEFALI MANOJBHAI PATEL (Chairperson), TARANG MADHUKAR DESAI, SHASHIN VISHNUBHAI PATEL
Risk Management Committee SHASHIN VISHNUBHAI PATEL, SHEFALI MANOJBHAI PATEL, TARANG MADHUKAR DESAI (Chairperson)
Corporate Social Responsibility Committee SHASHIN VISHNUBHAI PATEL, SHEFALI MANOJBHAI PATEL, TARANG MADHUKAR DESAI (Chairperson)

Group Structure of Sadbhav Infrastructure Project Limited

Sadbhav Infrastructure Project Limited has 16 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Sadbhav Infrastructure Project Limited's business expansion strategy and organizational complexity.

16
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
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 -
Sadbhav Rudrapur Highway Limited U45203GJ2016PLC091774 -

Showing major subsidiaries. Total: 16.

Charges & Borrowings of Sadbhav Infrastructure Project Limited

Open charges
₹3,955.73 Cr
Satisfied charges
₹13,663 Cr
Breakdown by lending institutions
Others₹2,419.33 Cr
Idbi Trusteeship Services Limited₹952.40 Cr
Sbicap Trustee Company Limited₹484.00 Cr
Idbi Bank Limited₹100.00 Cr
Latest charge details
DateLenderAmountStatus
10 Sep 2024 Others ₹283 Cr Open
09 Aug 2024 Others ₹345 Cr Open
02 Feb 2022 Others ₹16 Lakh Open
21 May 2021 Others ₹249.77 Cr Open
09 Apr 2021 Others ₹199.8 Cr Open

Total charge records: 48 View all charges

Employees and EPFO Compliance at Sadbhav Infrastructure Project Limited

Sadbhav Infrastructure Project Limited has a workforce of 60 employees as of Apr 03, 2024.

Employee count
60
Active EPFO establishments
1
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Sadbhav Infrastructure Project Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Sadbhav Infrastructure Project Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Sadbhav Infrastructure Project Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Sadbhav Infrastructure Project Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Sadbhav Infrastructure Project Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Sadbhav Infrastructure Project Limited

MSME Payment Delays by Sadbhav Infrastructure Project Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Sadbhav Infrastructure Project Limited

Subsidiaries & Group Companies of Sadbhav Infrastructure Project Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Sadbhav Infrastructure Project Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Sadbhav Infrastructure Project Limited

MCA Filings & Documents of Sadbhav Infrastructure Project Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Sadbhav Infrastructure Project Limited

Directors
04 Sep 2025
Siddharth Bhupendrabhai Vyas was appointed as a Director on 04 Sep 2025 & has been associated with this company since 10 months 4 days.
Activity
30 Sep 2024
Sadbhav Infrastructure Project Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Directors
30 Sep 2024
Ambalal Chhitabhai Patel was appointed as a Director on 30 Sep 2024 & has been associated with this company since 1 year 9 months.
Charges
11 Sep 2024
A charge with Others of Rs. 345.00 Cr registered on 09 Aug 2024 with Charge ID 100962780 was modified on 11 Sep 2024.
Charges
10 Sep 2024
A charge with Others amounted to Rs. 283.00 Cr with Charge ID 100971935 was registered on 10 Sep 2024.
Directors
12 Aug 2024
Tarang Madhukar Desai was appointed as a Director on 12 Aug 2024 & has been associated with this company since 1 year 10 months.

Frequently Asked Questions about Sadbhav Infrastructure Project Limited

Sadbhav Infrastructure Project Limited is an active public limited company in the infrastructure and utilities sector based in Ahmedabad, Gujarat, India. It was incorporated on 18 January 2007 (19+ years old) and is registered under CIN L45202GJ2007PLC049808. Listed on BSE: 539346 and NSE: SADBHIN. The company has 60 employees.

Sadbhav Infrastructure Project Limited reported revenue of ₹877.32 Cr for FY 2024 (down 20.00% YoY).

The current directors of Sadbhav Infrastructure Project Limited are:

The primary industry of Sadbhav Infrastructure Project Limited is infrastructure and utilities. The company specifically operates in road and bridge construction. The company is currently active in this sector.

Yes. Sadbhav Infrastructure Project Limited is listed on both BSE (code: 539346) and NSE (symbol: SADBHIN).

Sadbhav Infrastructure Project Limited can be reached at the registered office: Sadbhav House Opp.Law Garden Police Chowki Ellisbridge Ahmedabad, Gujarat, India – 380006, or through the website sadbhav.co.in.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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