Sadbhav Engineering Ltd
Incorporated in 1988, Sadbhav Engineering
Ltd is an EPC contractor of road construction, mining and irrigation[1]
- Market Cap ₹ 496 Cr.
- Current Price ₹ 29.1
- High / Low ₹ 40.4 / 10.0
- Stock P/E
- Book Value ₹ 58.4
- Dividend Yield 0.00 %
- ROCE -3.63 %
- ROE -24.2 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.50 times its book value
- Debtor days have improved from 180 to 137 days.
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -1.57%
- The company has delivered a poor sales growth of -22.2% over past five years.
- Promoter holding is low: 36.2%
- Company has a low return on equity of -31.3% over last 3 years.
- Promoters have pledged 80.4% of their holding.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Construction Industry: Construction
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,811 | 2,358 | 2,970 | 3,186 | 3,320 | 3,505 | 3,549 | 2,252 | 1,624 | 1,226 | 889 | 1,013 | |
1,654 | 2,104 | 2,659 | 2,850 | 2,962 | 3,089 | 3,121 | 1,969 | 1,412 | 1,762 | 1,164 | 1,129 | |
Operating Profit | 157 | 254 | 311 | 337 | 358 | 417 | 428 | 282 | 211 | -535 | -275 | -116 |
OPM % | 9% | 11% | 10% | 11% | 11% | 12% | 12% | 13% | 13% | -44% | -31% | -11% |
71 | -5 | 57 | 76 | 85 | 88 | 101 | 130 | 74 | 83 | 140 | 51 | |
Interest | 85 | 119 | 140 | 151 | 153 | 191 | 175 | 194 | 190 | 188 | 165 | 171 |
Depreciation | 32 | 47 | 82 | 97 | 100 | 98 | 96 | 108 | 94 | 69 | 44 | 26 |
Profit before tax | 111 | 82 | 146 | 165 | 190 | 216 | 258 | 110 | 2 | -710 | -344 | -262 |
Tax % | 33% | -30% | 22% | 20% | 1% | -2% | 28% | 22% | -2,548% | -1% | -1% | -1% |
74 | 106 | 114 | 132 | 188 | 221 | 187 | 85 | 41 | -716 | -346 | -265 | |
EPS in Rs | 4.91 | 7.00 | 6.63 | 7.70 | 10.95 | 12.86 | 10.89 | 4.96 | 2.39 | -41.75 | -20.19 | -15.43 |
Dividend Payout % | 12% | 10% | 11% | 9% | 7% | 8% | 9% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -8% |
5 Years: | -22% |
3 Years: | -15% |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 22% |
Stock Price CAGR | |
---|---|
10 Years: | -18% |
5 Years: | -34% |
3 Years: | -31% |
1 Year: | 166% |
Return on Equity | |
---|---|
10 Years: | -2% |
5 Years: | -14% |
3 Years: | -31% |
Last Year: | -24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 15 | 15 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
Reserves | 817 | 919 | 1,335 | 1,472 | 1,644 | 1,850 | 2,017 | 2,087 | 2,128 | 1,411 | 1,065 | 984 |
763 | 1,026 | 1,098 | 1,221 | 1,777 | 1,485 | 1,587 | 1,273 | 1,332 | 1,146 | 1,145 | 1,053 | |
895 | 1,066 | 1,075 | 785 | 582 | 1,019 | 977 | 1,259 | 1,103 | 1,244 | 1,131 | 750 | |
Total Liabilities | 2,491 | 3,025 | 3,525 | 3,495 | 4,020 | 4,371 | 4,598 | 4,636 | 4,581 | 3,818 | 3,358 | 2,804 |
330 | 498 | 536 | 593 | 516 | 500 | 494 | 430 | 292 | 193 | 129 | 44 | |
CWIP | 0 | 0 | 0 | 0 | 7 | 2 | 3 | 4 | 4 | 4 | 4 | 4 |
Investments | 538 | 521 | 531 | 563 | 569 | 577 | 609 | 558 | 567 | 559 | 576 | 591 |
1,622 | 2,006 | 2,458 | 2,339 | 2,928 | 3,290 | 3,491 | 3,644 | 3,718 | 3,062 | 2,650 | 2,165 | |
Total Assets | 2,491 | 3,025 | 3,525 | 3,495 | 4,020 | 4,371 | 4,598 | 4,636 | 4,581 | 3,818 | 3,358 | 2,804 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
66 | 462 | -36 | 162 | -51 | 653 | 200 | 143 | 197 | 183 | 21 | -28 | |
-332 | -568 | -252 | -102 | 81 | -155 | -92 | 423 | -74 | 201 | 134 | 106 | |
218 | 157 | 237 | -59 | -35 | -499 | -92 | -575 | -128 | -375 | -166 | -79 | |
Net Cash Flow | -48 | 51 | -52 | 1 | -5 | -1 | 16 | -8 | -5 | 9 | -11 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 148 | 113 | 111 | 114 | 183 | 166 | 160 | 41 | 93 | 178 | 223 | 137 |
Inventory Days | 139 | 158 | 105 | 54 | 55 | 56 | 85 | 142 | 148 | 187 | 98 | 3 |
Days Payable | 448 | 361 | 225 | 142 | 184 | 203 | 207 | 533 | 542 | 897 | 1,283 | 129 |
Cash Conversion Cycle | -160 | -89 | -8 | 26 | 54 | 19 | 38 | -350 | -301 | -532 | -962 | 12 |
Working Capital Days | 108 | 52 | 81 | 146 | 212 | 200 | 134 | 278 | 461 | 416 | 504 | 375 |
ROCE % | 10% | 14% | 13% | 12% | 11% | 12% | 12% | 8% | 6% | -17% | -6% |
Documents
Announcements
- Board Meeting Intimation for Intimation Of Board Meeting Of Sadbhav Engineering Limited (''The Company'') To Be Held On Saturday, 6Th July, 2024. 22h
- Intimation Of Non-Subscription Of Securities By Proposed Subscribers Pursuant To The In-Principle Approval Received From Stock Exchanges Dated 4Th June, 2024 1d
- Closure of Trading Window 29 Jun
- Closure of Trading Window 29 Jun
- In -Principal Approval Under Regulation 28(1) Of SEBI (LODR) Regulations, 2015. 4 Jun
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Jul 2021TranscriptPPT
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Feb 2021TranscriptPPT
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Sep 2020TranscriptPPT
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Jul 2020TranscriptPPT
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Apr 2020Transcript PPT
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Feb 2018TranscriptPPT
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Nov 2017TranscriptPPT
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Aug 2017TranscriptPPT
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May 2017TranscriptPPT
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Nov 2016TranscriptPPT
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Sep 2016TranscriptPPT
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Apr 2016TranscriptPPT
Business Overview:[1]
SEL, part of the Sadhbhav Group in Ahmedabad, focuses on infrastructure development. Their services span canals, irrigation, roads, bridges, and mining, covering civil, electrical, and mechanical contracting. They operate on BOT, BOLT, and BOOT models and undertake EPC contracts with subsidiaries