Sadbhav Engineering Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: June 29, 2025, 4:12 pm

Market Cap	219 Cr.
Current Price	12.8
High / Low	38.7/10.5
Stock P/E
Book Value	14.1
Dividend Yield	0.00 %
ROCE	10.2 %
ROE	%
Face Value	1.00
PEG Ratio	0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Sadbhav Engineering Ltd

Competitors of Sadbhav Engineering Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Techindia Nirman Ltd	20.1 Cr.	14.0	56.0/13.8		7.62	0.00 %	0.70 %	7.32 %	10.0
Tarmat Ltd	131 Cr.	54.5	104/45.0	69.8	72.0	0.00 %	1.55 %	1.23 %	10.0
Tantia Constructions Ltd	833 Cr.	53.8	61.2/29.6		16.0	0.00 %	1.06 %	5.61 %	1.00
Supreme Infrastructure India Ltd	273 Cr.	110	162/61.6		2,142	0.00 %	%	%	10.0
SPML Infra Ltd – a Multi-sector Infrastructure Player	1,797 Cr.	251	306/136	37.5	108	0.00 %	8.92 %	7.79 %	2.00
Industry Average	6,838.19 Cr	213.60		86.87	183.91	0.11%	6.66%	9.05%	6.61

All Competitor Stocks of Sadbhav Engineering Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	657	500	418	432	426	711	438	301	473	301	206	240	290
Expenses	1,352	412	274	401	641	558	332	245	707	202	105	114	198
Operating Profit	-696	88	144	31	-216	153	107	56	-234	99	101	126	91
OPM %	-106%	18%	35%	7%	-51%	22%	24%	19%	-50%	33%	49%	52%	32%
Other Income	533	-19	-266	76	240	19	-225	-70	87	15	87	40	-67
Interest	300	261	221	258	-79	143	151	140	126	108	104	140	105
Depreciation	49	36	36	25	34	33	32	32	31	32	31	32	32
Profit before tax	-512	-228	-378	-176	69	-4	-302	-186	-305	-26	53	-7	-113
Tax %	2%	4%	-1%	-2%	-15%	333%	-3%	-2%	-5%	17%	12%	149%	47%
Net Profit	-522	-238	-373	-173	79	-16	-293	-183	-288	-31	47	-16	-165
EPS in Rs	-33.62	-10.05	-15.12	-7.70	-1.47	-0.60	-12.25	-8.57	-15.32	-2.08	1.60	-1.56	-9.01

Last Updated: May 31, 2025, 7:55 am

Below is a detailed analysis of the quarterly data for Sadbhav Engineering Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 290.00 Cr.. The value appears strong and on an upward trend. It has increased from 240.00 Cr. (Dec 2024) to 290.00 Cr., marking an increase of 50.00 Cr..
For Expenses, as of Mar 2025, the value is 198.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 114.00 Cr. (Dec 2024) to 198.00 Cr., marking an increase of 84.00 Cr..
For Operating Profit, as of Mar 2025, the value is 91.00 Cr.. The value appears to be declining and may need further review. It has decreased from 126.00 Cr. (Dec 2024) to 91.00 Cr., marking a decrease of 35.00 Cr..
For OPM %, as of Mar 2025, the value is 32.00%. The value appears to be declining and may need further review. It has decreased from 52.00% (Dec 2024) to 32.00%, marking a decrease of 20.00%.
For Other Income, as of Mar 2025, the value is -67.00 Cr.. The value appears to be declining and may need further review. It has decreased from 40.00 Cr. (Dec 2024) to -67.00 Cr., marking a decrease of 107.00 Cr..
For Interest, as of Mar 2025, the value is 105.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 140.00 Cr. (Dec 2024) to 105.00 Cr., marking a decrease of 35.00 Cr..
For Depreciation, as of Mar 2025, the value is 32.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 32.00 Cr..
For Profit before tax, as of Mar 2025, the value is -113.00 Cr.. The value appears to be declining and may need further review. It has decreased from -7.00 Cr. (Dec 2024) to -113.00 Cr., marking a decrease of 106.00 Cr..
For Tax %, as of Mar 2025, the value is 47.00%. The value appears to be improving (decreasing) as expected. It has decreased from 149.00% (Dec 2024) to 47.00%, marking a decrease of 102.00%.
For Net Profit, as of Mar 2025, the value is -165.00 Cr.. The value appears to be declining and may need further review. It has decreased from -16.00 Cr. (Dec 2024) to -165.00 Cr., marking a decrease of 149.00 Cr..
For EPS in Rs, as of Mar 2025, the value is -9.01. The value appears to be declining and may need further review. It has decreased from -1.56 (Dec 2024) to -9.01, marking a decrease of 7.45.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: June 16, 2025, 4:16 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	2,733	3,447	4,066	4,498	4,975	5,240	3,487	2,243	1,908	1,777	1,923	1,036
Expenses	2,290	2,861	3,064	3,302	3,493	3,759	2,342	1,645	2,255	1,729	1,842	619
Operating Profit	443	586	1,002	1,196	1,481	1,481	1,145	598	-348	48	81	417
OPM %	16%	17%	25%	27%	30%	28%	33%	27%	-18%	3%	4%	40%
Other Income	152	56	107	154	114	319	1,873	377	755	31	-189	75
Interest	452	617	1,075	1,191	1,313	1,329	1,411	1,003	975	661	560	457
Depreciation	130	223	233	321	358	392	401	211	167	131	127	127
Profit before tax	12	-198	-199	-162	-76	79	1,206	-239	-735	-713	-795	-92
Tax %	-118%	17%	11%	6%	50%	168%	8%	-1%	-1%	-2%	-2%	79%
Net Profit	26	-235	-221	-172	-114	-54	1,106	-237	-728	-699	-780	-166
EPS in Rs	2.93	-10.23	-6.02	-3.15	-0.18	1.23	46.21	-9.03	-42.18	-34.34	-36.72	-11.04
Dividend Payout %	24%	-7%	-12%	-24%	-555%	81%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-1003.85%	5.96%	22.17%	33.72%	52.63%	2148.15%	-121.43%	-207.17%	3.98%	-11.59%	78.72%
Change in YoY Net Profit Growth (%)	0.00%	1009.80%	16.21%	11.55%	18.91%	2095.52%	-2269.58%	-85.74%	211.16%	-15.57%	90.31%

Sadbhav Engineering Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	-11%
5 Years:	-22%
3 Years:	-18%
TTM:	-46%

Compounded Profit Growth
10 Years:	2%
5 Years:	4%
3 Years:	20%
TTM:	56%

Stock Price CAGR
10 Years:	-27%
5 Years:	-22%
3 Years:	-6%
1 Year:	-55%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	%

Last Updated: Unknown

Balance Sheet

Last Updated: June 16, 2025, 11:25 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	15	17	17	17	17	17	17	17	17	17	17	17
Reserves	1,258	1,520	992	889	874	818	1,584	1,428	784	158	-143	-258
Borrowings	5,572	6,963	9,001	10,080	10,056	11,143	6,768	7,103	6,159	5,151	4,133	3,778
Other Liabilities	1,026	3,433	2,748	2,804	3,913	4,024	3,839	3,842	3,968	4,377	3,012	3,140
Total Liabilities	7,871	11,933	12,759	13,790	14,860	16,002	12,207	12,390	10,928	9,704	7,020	6,676
Fixed Assets	5,292	7,721	8,730	10,057	9,792	9,727	4,461	4,234	411	318	198	137
CWIP	775	2,010	1,579	190	291	96	99	100	4	4	4	4
Investments	128	31	33	60	48	105	730	730	177	122	1	1
Other Assets	1,675	2,171	2,418	3,484	4,727	6,074	6,917	7,327	10,336	9,260	6,817	6,534
Total Assets	7,871	11,933	12,759	13,790	14,860	16,002	12,207	12,390	10,928	9,704	7,020	6,676

Below is a detailed analysis of the balance sheet data for Sadbhav Engineering Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 17.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 17.00 Cr..
For Reserves, as of Mar 2025, the value is -258.00 Cr.. The value appears to be worsening (becoming more negative). It has deteriorated from -143.00 Cr. (Mar 2024) to -258.00 Cr., marking a decline of 115.00 Cr..
For Borrowings, as of Mar 2025, the value is 3,778.00 Cr.. The value appears to be improving (decreasing). However, Reserves are negative, which is a major warning sign. It has decreased from 4,133.00 Cr. (Mar 2024) to 3,778.00 Cr., marking a decrease of 355.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 3,140.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,012.00 Cr. (Mar 2024) to 3,140.00 Cr., marking an increase of 128.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 6,676.00 Cr.. The value appears to be improving (decreasing). It has decreased from 7,020.00 Cr. (Mar 2024) to 6,676.00 Cr., marking a decrease of 344.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 137.00 Cr.. The value appears to be declining and may need further review. It has decreased from 198.00 Cr. (Mar 2024) to 137.00 Cr., marking a decrease of 61.00 Cr..
For CWIP, as of Mar 2025, the value is 4.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 4.00 Cr..
For Investments, as of Mar 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 1.00 Cr..
For Other Assets, as of Mar 2025, the value is 6,534.00 Cr.. The value appears to be declining and may need further review. It has decreased from 6,817.00 Cr. (Mar 2024) to 6,534.00 Cr., marking a decrease of 283.00 Cr..
For Total Assets, as of Mar 2025, the value is 6,676.00 Cr.. The value appears to be declining and may need further review. It has decreased from 7,020.00 Cr. (Mar 2024) to 6,676.00 Cr., marking a decrease of 344.00 Cr..

However, the Borrowings (3,778.00 Cr.) are higher than the Reserves (₹-258.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Month		Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity +	786	385	787	366	1,274	245	597	1,184	-3,095	1,780	1,154	300
Cash from Investing Activity +	-1,441	-1,357	-1,676	-220	-94	-4	1,311	118	5,252	32	72	32
Cash from Financing Activity +	706	1,037	810	-186	-1,126	-226	-1,947	-1,288	-2,107	-1,870	-1,283	-330
Net Cash Flow	52	64	-79	-41	53	15	-38	14	49	-58	-57	2

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	438.00	580.00	-8.00	-9.00	-9.00	-10.00	-5.00	591.00	-354.00	43.00	77.00	414.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	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	120	77	72	73	129	102	76	13	27	62	79	52
Inventory Days	139	158	106	54	53	55	85	142	148	187	98
Days Payable	481	375	235	150	243	236	283	703	946	1,170	2,018
Cash Conversion Cycle	-222	-140	-57	-23	-60	-79	-122	-549	-772	-922	-1,841	52
Working Capital Days	103	42	58	29	84	106	41	123	241	484	521	468
ROCE %	5%	5%	5%	9%	9%	11%	12%	11%	8%	5%	5%	2%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	44.86%	44.86%	44.63%	40.57%	38.57%	37.69%	37.69%	37.69%	37.69%	37.79%	36.22%	36.22%
FIIs	4.39%	4.23%	3.37%	2.92%	0.96%	0.15%	0.10%	0.10%	0.10%	0.10%	0.30%	0.38%
DIIs	15.60%	14.73%	14.50%	13.84%	12.96%	10.95%	10.88%	10.88%	10.82%	9.20%	8.92%	8.92%
Public	35.16%	36.18%	37.51%	42.67%	47.52%	51.22%	51.32%	51.31%	51.39%	52.90%	54.57%	54.48%
No. of Shareholders	62,633	65,562	66,405	70,545	71,064	72,137	70,649	68,542	66,609	61,442	64,398	64,283

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
HDFC Small Cap Fund - Regular Plan	9,392,742	0.08	20.52	9,392,742	2025-04-22 15:56:53	0%
HDFC Hybrid Equity Fund - Regular Plan	5,291,784	0.05	11.56	5,291,784	2025-04-22 05:57:46	0%
Aditya Birla Sun Life Infrastructure Fund	477,045	0.13	1.04	477,045	2025-04-22 15:56:53	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	-11.04	-36.72	-34.34	-42.18	-9.03
Diluted EPS (Rs.)	-11.04	-36.72	-34.34	-42.18	-9.03
Cash EPS (Rs.)	-2.25	-38.03	-33.13	-32.73	-1.54
Book Value[Excl.RevalReserv]/Share (Rs.)	-14.06	-6.70	19.56	61.89	104.00
Book Value[Incl.RevalReserv]/Share (Rs.)	-14.06	-6.70	19.56	61.89	104.00
Revenue From Operations / Share (Rs.)	60.41	112.08	103.57	111.19	130.75
PBDIT / Share (Rs.)	29.90	13.13	26.08	33.37	55.49
PBIT / Share (Rs.)	22.50	5.70	18.45	23.64	43.20
PBT / Share (Rs.)	-5.38	-46.36	-41.58	-42.84	-13.92
Net Profit / Share (Rs.)	-9.66	-45.45	-40.76	-42.45	-13.84
NP After MI And SOA / Share (Rs.)	-11.04	-36.72	-34.34	-42.18	-9.03
PBDIT Margin (%)	49.50	11.71	25.18	30.01	42.44
PBIT Margin (%)	37.24	5.08	17.81	21.26	33.03
PBT Margin (%)	-8.91	-41.36	-40.14	-38.52	-10.64
Net Profit Margin (%)	-15.98	-40.55	-39.35	-38.18	-10.58
NP After MI And SOA Margin (%)	-18.28	-32.76	-33.15	-37.93	-6.90
Return on Networth / Equity (%)	0.00	0.00	-336.18	-90.28	-10.71
Return on Capital Employeed (%)	67.21	9.71	13.97	9.72	8.69
Return On Assets (%)	-2.83	-8.93	-6.03	-6.64	-1.24
Long Term Debt / Equity (X)	-3.09	-7.62	10.17	3.72	3.71
Total Debt / Equity (X)	-15.66	-29.78	27.13	7.18	4.24
Asset Turnover Ratio (%)	0.15	0.22	0.17	0.15	0.19
Current Ratio (X)	0.87	0.95	0.97	0.98	0.96
Quick Ratio (X)	0.87	0.95	0.97	0.97	0.93
Inventory Turnover Ratio (X)	0.77	1.24	1.75	1.70	2.39
Interest Coverage Ratio (X)	1.12	0.40	0.67	0.58	0.94
Interest Coverage Ratio (Post Tax) (X)	0.68	0.20	0.49	0.42	0.73
Enterprise Value (Cr.)	3932.33	4180.43	4944.22	6259.74	7418.18
EV / Net Operating Revenue (X)	3.79	2.17	2.78	3.28	3.31
EV / EBITDA (X)	7.66	18.56	11.05	10.93	7.79
MarketCap / Net Operating Revenue (X)	0.17	0.25	0.08	0.23	0.47
Price / BV (X)	-0.76	-3.92	0.84	0.56	0.73
Price / Net Operating Revenue (X)	0.17	0.25	0.08	0.23	0.47
EarningsYield	-1.02	-1.28	-3.97	-1.60	-0.14

After reviewing the key financial ratios for Sadbhav Engineering Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
For Basic EPS (Rs.), as of Mar 25, the value is -11.04. This value is below the healthy minimum of 5. It has increased from -36.72 (Mar 24) to -11.04, marking an increase of 25.68.
For Diluted EPS (Rs.), as of Mar 25, the value is -11.04. This value is below the healthy minimum of 5. It has increased from -36.72 (Mar 24) to -11.04, marking an increase of 25.68.
For Cash EPS (Rs.), as of Mar 25, the value is -2.25. This value is below the healthy minimum of 3. It has increased from -38.03 (Mar 24) to -2.25, marking an increase of 35.78.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is -14.06. It has decreased from -6.70 (Mar 24) to -14.06, marking a decrease of 7.36.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is -14.06. It has decreased from -6.70 (Mar 24) to -14.06, marking a decrease of 7.36.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 60.41. It has decreased from 112.08 (Mar 24) to 60.41, marking a decrease of 51.67.
For PBDIT / Share (Rs.), as of Mar 25, the value is 29.90. This value is within the healthy range. It has increased from 13.13 (Mar 24) to 29.90, marking an increase of 16.77.
For PBIT / Share (Rs.), as of Mar 25, the value is 22.50. This value is within the healthy range. It has increased from 5.70 (Mar 24) to 22.50, marking an increase of 16.80.
For PBT / Share (Rs.), as of Mar 25, the value is -5.38. This value is below the healthy minimum of 0. It has increased from -46.36 (Mar 24) to -5.38, marking an increase of 40.98.
For Net Profit / Share (Rs.), as of Mar 25, the value is -9.66. This value is below the healthy minimum of 2. It has increased from -45.45 (Mar 24) to -9.66, marking an increase of 35.79.
For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is -11.04. This value is below the healthy minimum of 2. It has increased from -36.72 (Mar 24) to -11.04, marking an increase of 25.68.
For PBDIT Margin (%), as of Mar 25, the value is 49.50. This value is within the healthy range. It has increased from 11.71 (Mar 24) to 49.50, marking an increase of 37.79.
For PBIT Margin (%), as of Mar 25, the value is 37.24. This value exceeds the healthy maximum of 20. It has increased from 5.08 (Mar 24) to 37.24, marking an increase of 32.16.
For PBT Margin (%), as of Mar 25, the value is -8.91. This value is below the healthy minimum of 10. It has increased from -41.36 (Mar 24) to -8.91, marking an increase of 32.45.
For Net Profit Margin (%), as of Mar 25, the value is -15.98. This value is below the healthy minimum of 5. It has increased from -40.55 (Mar 24) to -15.98, marking an increase of 24.57.
For NP After MI And SOA Margin (%), as of Mar 25, the value is -18.28. This value is below the healthy minimum of 8. It has increased from -32.76 (Mar 24) to -18.28, marking an increase of 14.48.
For Return on Networth / Equity (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 15. There is no change compared to the previous period (Mar 24) which recorded 0.00.
For Return on Capital Employeed (%), as of Mar 25, the value is 67.21. This value is within the healthy range. It has increased from 9.71 (Mar 24) to 67.21, marking an increase of 57.50.
For Return On Assets (%), as of Mar 25, the value is -2.83. This value is below the healthy minimum of 5. It has increased from -8.93 (Mar 24) to -2.83, marking an increase of 6.10.
For Long Term Debt / Equity (X), as of Mar 25, the value is -3.09. This value is below the healthy minimum of 0.2. It has increased from -7.62 (Mar 24) to -3.09, marking an increase of 4.53.
For Total Debt / Equity (X), as of Mar 25, the value is -15.66. This value is within the healthy range. It has increased from -29.78 (Mar 24) to -15.66, marking an increase of 14.12.
For Asset Turnover Ratio (%), as of Mar 25, the value is 0.15. It has decreased from 0.22 (Mar 24) to 0.15, marking a decrease of 0.07.
For Current Ratio (X), as of Mar 25, the value is 0.87. This value is below the healthy minimum of 1.5. It has decreased from 0.95 (Mar 24) to 0.87, marking a decrease of 0.08.
For Quick Ratio (X), as of Mar 25, the value is 0.87. This value is below the healthy minimum of 1. It has decreased from 0.95 (Mar 24) to 0.87, marking a decrease of 0.08.
For Inventory Turnover Ratio (X), as of Mar 25, the value is 0.77. This value is below the healthy minimum of 4. It has decreased from 1.24 (Mar 24) to 0.77, marking a decrease of 0.47.
For Interest Coverage Ratio (X), as of Mar 25, the value is 1.12. This value is below the healthy minimum of 3. It has increased from 0.40 (Mar 24) to 1.12, marking an increase of 0.72.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 0.68. This value is below the healthy minimum of 3. It has increased from 0.20 (Mar 24) to 0.68, marking an increase of 0.48.
For Enterprise Value (Cr.), as of Mar 25, the value is 3,932.33. It has decreased from 4,180.43 (Mar 24) to 3,932.33, marking a decrease of 248.10.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 3.79. This value exceeds the healthy maximum of 3. It has increased from 2.17 (Mar 24) to 3.79, marking an increase of 1.62.
For EV / EBITDA (X), as of Mar 25, the value is 7.66. This value is within the healthy range. It has decreased from 18.56 (Mar 24) to 7.66, marking a decrease of 10.90.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.17. This value is below the healthy minimum of 1. It has decreased from 0.25 (Mar 24) to 0.17, marking a decrease of 0.08.
For Price / BV (X), as of Mar 25, the value is -0.76. This value is below the healthy minimum of 1. It has increased from -3.92 (Mar 24) to -0.76, marking an increase of 3.16.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.17. This value is below the healthy minimum of 1. It has decreased from 0.25 (Mar 24) to 0.17, marking a decrease of 0.08.
For EarningsYield, as of Mar 25, the value is -1.02. This value is below the healthy minimum of 5. It has increased from -1.28 (Mar 24) to -1.02, marking an increase of 0.26.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Sadbhav Engineering Ltd as of June 30, 2025 is: 25.89

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 30, 2025, Sadbhav Engineering Ltd is Undervalued by 102.27% compared to the current share price 12.80

Default values used*: Default value of 15 for Stock P/E is used, Default value of 15% for ROE is used

Intrinsic Value of Sadbhav Engineering Ltd as of June 30, 2025 is: 20.77

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 30, 2025, Sadbhav Engineering Ltd is Undervalued by 62.27% compared to the current share price 12.80

Default values used*: Default value of 15 for Stock P/E is used, Default value of 15% for ROE is used

Last 5 Year EPS CAGR: -19.78%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Cash Conversion Cycle of -241.25, which is a positive sign.	The stock has a low average ROCE of 7.25%, which may not be favorable. The stock has a high average Working Capital Days of 191.67, which may not be favorable. The company has higher borrowings (7,158.92) compared to reserves (825.33), which may suggest financial risk. The company has not shown consistent growth in sales (2.58) and profit (-259.75).

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Sadbhav Engineering Ltd:
1. Net Profit Margin: -15.98%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 67.21% (Industry Average ROCE: 6.66%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 0% (Industry Average ROE: 9.05%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 0.68
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.87
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 0 (Industry average Stock P/E: 86.87)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: -15.66
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Sadbhav Engineering Ltd. is a Public Limited Listed company incorporated on 03/10/1988 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L45400GJ1988PLC011322 and registration number is 011322. Currently Company is involved in the business activities of Construction and maintenance of water main and line connection, water reservoirs including irrigation system (canal). Company's Total Operating Revenue is Rs. 210.53 Cr. and Equity Capital is Rs. 17.16 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Construction, Contracting & Engineering	Sadbhav House, Opp. Law Garden Police Chowki, Ahmedabad Gujarat 380006	investor@sadbhav.co.in http://www.sadbhaveng.com

Management
Name	Position Held
Mr. Shashin V Patel	Chairman & Managing Director
Mr. Jatin J Thakkar	Non Executive Director
Mrs. Shefali M Patel	Independent Director
Mr. Ambalal C Patel	Independent Director
Dr. Tarang M Desai	Independent Director

FAQ

What is the intrinsic value of Sadbhav Engineering Ltd?

Sadbhav Engineering Ltd's intrinsic value (as of 30 June 2025) is 25.89 — 102.27% higher the current market price of 12.80, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 219 Cr. market cap, FY2025-2026 high/low of 38.7/10.5, reserves of -258 Cr, and liabilities of 6,676 Cr.

What is the Market Cap of Sadbhav Engineering Ltd?

The Market Cap of Sadbhav Engineering Ltd is 219 Cr..

What is the current Stock Price of Sadbhav Engineering Ltd as on 30 June 2025?

The current stock price of Sadbhav Engineering Ltd as on 30 June 2025 is 12.8.

What is the High / Low of Sadbhav Engineering Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Sadbhav Engineering Ltd stocks is ₹38.7/10.5.

What is the Stock P/E of Sadbhav Engineering Ltd?

The Stock P/E of Sadbhav Engineering Ltd is .

What is the Book Value of Sadbhav Engineering Ltd?

The Book Value of Sadbhav Engineering Ltd is 14.1.

What is the Dividend Yield of Sadbhav Engineering Ltd?

The Dividend Yield of Sadbhav Engineering Ltd is 0.00 %.

What is the ROCE of Sadbhav Engineering Ltd?

The ROCE of Sadbhav Engineering Ltd is 10.2 %.

What is the ROE of Sadbhav Engineering Ltd?

The ROE of Sadbhav Engineering Ltd is %.

What is the Face Value of Sadbhav Engineering Ltd?

The Face Value of Sadbhav Engineering Ltd is 1.00.