Sadbhav Infrastructure Project Ltd
- P/E
- 0.9x
- 52-week range
- 2.06 – 4.79
- ROCE
- 18%
- Sector
- Construction
- Industry
- Civil Construction
- Listed on
- NSE, BSE
About
Sadbhav Infrastructure Project Limited is an India-based asset holding company for road and other infrastructure for operating and transfer build operate transfer (BOT) projects. The Company operates through two business verticals: BOT, and Hybrid Annuity Model (HAM). It is involved in the development, operation and maintenance of national and state highways and roads in several states in India including Maharashtra, Gujarat, Rajasthan, Karnataka, Haryana and Telangana and border check posts in the state of Maharashtra. The Company’s operational projects cover approximately 2,290 lane kilometers (kms) and the projects under development cover 1,448 lane kms. The Company’s projects include Ahmedabad Ring Road Infrastructure Limited, Maharashtra Border Check Post Network Limited, Shreenathji-Udaipur Tollway Private Limited, Nagpur-Seoni Express Way Limited, Bhilwara Rajsamand Tollway Private Limited, Hyderabad Yadgiri Tollway Private Limited, and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Civil Construction: 182 companies →Sadbhav Infrastructure Project Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)0.9 against a typical 14.4: cheaper than most peers (1st = cheapest).4th of 181
- Sales growth+7.5% against a typical +8.6% from a year earlier.77th of 147
- Profit growth+103.8% against a typical 0% from a year earlier.21st of 130
- Share price, 3 months−5.4% against a typical −13.1%.60th of 164
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated C by India Ratings- CARE lowered its rating on 12 Jun 2026.
- The company stopped sharing information with CARE.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| India Ratings | IND C(NCO); IND A4(NCO) | — | 24 Aug 2026 |
| CARE | CARE C / CARE A4; ISSUER NOT COOPERATING* | Stable | 12 Jun 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 24 Aug 2026 | Reaffirmed | IND C(NCO) | — | India Ratings | ₹ 300 Cr. | |
| 12 Jun 2026 | ▼ Downgrade | CARE C / CARE A4 | — | CARE | ₹ 200 Cr. | |
| 11 Sep 2025 | Rating action | IND C(NCO) | — | India Ratings | ₹ 300 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 2 Nov 2026Upcoming | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2026 and other business matters |
| 27 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 12 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 12 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 12 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
| 27 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
| 12 Feb 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2024 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 161 | 204 | 174 | 167 | 163 | 174 | 200 | 186 | 181 | 206 | 202 | 200 |
| Expenses | 74 | 123 | 114 | 74 | 63 | 58 | 76 | 57 | 50 | 57 | 118 | 53 |
| Operating Profit | 87 | 80 | 60 | 93 | 101 | 116 | 123 | 129 | 131 | 148 | 84 | 148 |
| OPM % | 54% | 39% | 35% | 56% | 62% | 67% | 62% | 69% | 73% | 72% | 42% | 74% |
| Other Income | −250 | −80 | −46 | 5 | 57 | 30 | −83 | 27 | 25 | −113 | 29 | 0 |
| Interest | 121 | 101 | 96 | 83 | 80 | 103 | 70 | 89 | 90 | 74 | 10 | 45 |
| Depreciation | 25 | 26 | 26 | 29 | 29 | 30 | 30 | 32 | 31 | 33 | 39 | 37 |
| Profit before tax | −309 | −127 | −107 | −14 | 49 | 13 | −59 | 36 | 35 | −72 | 64 | 66 |
| Tax % | −4% | −3% | −13% | 15% | 5% | 50% | 22% | 27% | 28% | 28% | −35% | 20% |
| Net Profit | −296 | −123 | −94 | −16 | 47 | 7 | −72 | 26 | 25 | −92 | 86 | 53 |
| EPS in Rs | −8.52 | −3.53 | −2.71 | −0.59 | 1.01 | −0.11 | −2.44 | 0.34 | 0.3 | −3.1 | 1.9 | 0.95 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −9%
- 5 Years
- −10%
- 3 Years
- −2%
- TTM
- 9%
- 10 Years
- 8%
- 5 Years
- 16%
- 3 Years
- −7%
- TTM
- 1,002%
- 10 Years
- −30%
- 5 Years
- −32%
- 3 Years
- −15%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Sadbhav Infrastructure Project Ltd | ₹ 2.27 | — | 0.9x | — | — | — |
| DLF | ₹ 653.55 | ₹ 1,61,774 Cr. | 37.7x | 3.5x | 0% | 0% |
| Lodha Developers | ₹ 963.00 | ₹ 1,01,441 Cr. | 31.7x | 4.8x | 0% | 0% |
| Indus Towers | ₹ 380.00 | ₹ 1,00,250 Cr. | 14.9x | 2.6x | 0% | 0% |
| Oberoi Realty | ₹ 1,587.20 | ₹ 57,846 Cr. | 25.1x | 3.5x | 0% | 0% |
| Godrej Properties | ₹ 1,497.90 | ₹ 45,121 Cr. | 138x | 2.8x | 0% | 0% |
Management
- Shashin Vishnubhai Patel
- Executive Chairman of the Board
- Kaivan Vora
- Chief Financial Officer
- Kedar Pandya
- Company Secretary and Compliance Officer
Prices are delayed and for information only. Nothing on this page is investment advice.