Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Sadbhav Infrastructure Projects Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 157 | 240 | 161 | 204 | 174 | 167 | 163 | 174 | 200 | 186 | 181 | 206 | 202 |
| Expenses + | 64 | 135 | 74 | 123 | 114 | 74 | 63 | 58 | 76 | 57 | 50 | 57 | 118 |
| Operating Profit | 93 | 105 | 87 | 80 | 60 | 93 | 101 | 116 | 123 | 129 | 131 | 148 | 84 |
| OPM % | 59% | 44% | 54% | 39% | 35% | 56% | 62% | 67% | 62% | 69% | 73% | 72% | 42% |
| Other Income + | 151 | 15 | -250 | -80 | -46 | 5 | 57 | 30 | -83 | 27 | 25 | -113 | 29 |
| Interest | -109 | 111 | 121 | 101 | 96 | 83 | 80 | 103 | 70 | 89 | 90 | 74 | 10 |
| Depreciation | 24 | 25 | 25 | 26 | 26 | 29 | 29 | 30 | 30 | 32 | 31 | 33 | 39 |
| Profit before tax | 329 | -15 | -309 | -127 | -107 | -14 | 49 | 13 | -59 | 36 | 35 | -72 | 64 |
| Tax % | -5% | 40% | -4% | -3% | -13% | 15% | 5% | 50% | 22% | 27% | 28% | 28% | -35% |
| Net Profit + | 345 | -21 | -296 | -123 | -94 | -16 | 47 | 7 | -72 | 26 | 25 | -92 | 86 |
| EPS in Rs | 9.71 | -0.66 | -8.52 | -3.53 | -2.71 | -0.59 | 1.01 | -0.11 | -2.44 | 0.34 | 0.30 | -3.10 | 1.90 |
Financials of Sadbhav Infrastructure Projects Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 511 | 1,971 | 1,348 | 2,262 | 3,548 | 2,270 | 1,281 | 962 | 825 | 779 | 704 | 775 |
| Expenses + | 227 | 1,320 | 479 | 1,218 | 2,500 | 1,414 | 899 | 775 | 446 | 446 | 270 | 281 |
| Operating Profit | 284 | 651 | 869 | 1,044 | 1,048 | 856 | 382 | 187 | 379 | 333 | 434 | 493 |
| OPM % | 56% | 33% | 64% | 46% | 30% | 38% | 30% | 19% | 46% | 43% | 62% | 64% |
| Other Income + | 40 | 99 | 56 | 60 | 236 | 1,815 | 372 | 723 | -131 | -361 | 9 | -32 |
| Interest | 526 | 977 | 1,056 | 1,141 | 1,175 | 1,276 | 877 | 850 | 547 | 429 | 335 | 264 |
| Depreciation | 142 | 136 | 221 | 261 | 296 | 293 | 117 | 98 | 86 | 101 | 118 | 136 |
| Profit before tax | -343 | -363 | -352 | -297 | -187 | 1,103 | -240 | -38 | -386 | -558 | -10 | 62 |
| Tax % | 1% | -3% | 2% | 14% | 32% | 7% | 16% | -43% | -5% | -4% | 235% | 28% |
| Net Profit + | -346 | -353 | -360 | -338 | -248 | 1,029 | -278 | -21 | -365 | -533 | -34 | 45 |
| EPS in Rs | -11.04 | -9.67 | -10.03 | -9.34 | -6.96 | 29.35 | -7.90 | -0.60 | -10.65 | -15.42 | -2.13 | -0.56 |
| Dividend Payout % | 0% | 0% | 0% | -5% | -7% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of Sadbhav Infrastructure Projects Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 311 | 352 | 352 | 352 | 352 | 352 | 352 | 352 | 352 | 352 | 352 | 352 |
| Reserves | 470 | 103 | -281 | -618 | -901 | 114 | -165 | -123 | -517 | -919 | -898 | -971 |
| Borrowings + | 6,342 | 8,022 | 8,320 | 8,719 | 9,853 | 5,912 | 6,303 | 5,150 | 4,072 | 3,293 | 3,208 | 2,592 |
| Other Liabilities + | 2,765 | 1,760 | 2,043 | 3,112 | 3,673 | 2,919 | 3,253 | 3,538 | 3,793 | 2,793 | 2,578 | 2,368 |
| Total Liabilities | 9,888 | 10,237 | 10,435 | 11,566 | 12,978 | 9,297 | 9,743 | 8,918 | 7,699 | 5,519 | 5,240 | 4,342 |
| Fixed Assets + | 7,185 | 8,137 | 9,541 | 9,292 | 9,233 | 4,031 | 3,942 | 219 | 189 | 154 | 114 | 69 |
| CWIP | 1,938 | 1,579 | 183 | 289 | 93 | 96 | 96 | 0 | 0 | 0 | 0 | 0 |
| Investments | 8 | 26 | 56 | 42 | 98 | 724 | 726 | 176 | 122 | 41 | 41 | 41 |
| Other Assets + | 756 | 495 | 655 | 1,943 | 3,553 | 4,446 | 4,979 | 8,523 | 7,388 | 5,324 | 5,085 | 4,232 |
| Total Assets | 9,888 | 10,237 | 10,435 | 11,566 | 12,978 | 9,297 | 9,743 | 8,918 | 7,699 | 5,519 | 5,240 | 4,342 |
Financials of Sadbhav Infrastructure Projects Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 264 | 749 | 777 | 603 | 192 | 285 | 769 | -195 | 1,643 | 1,265 | 606 | |
| Cash from Investing Activity + | -1,096 | -1,145 | -258 | -98 | -201 | 253 | 85 | 1,087 | -191 | -29 | -299 | |
| Cash from Financing Activity + | 947 | 315 | -556 | -500 | 25 | -554 | -813 | -869 | -1,528 | -1,246 | -315 | |
| Net Cash Flow | 116 | -80 | -37 | 5 | 17 | -16 | 42 | 23 | -75 | -10 | -8 | |
| Free Cash Flow | -760 | -432 | 550 | 489 | 88 | 272 | 741 | 1,255 | 1,586 | 1,264 | 606 | |
| CFO/OP | 95% | 116% | 89% | 60% | 23% | 36% | 205% | -101% | 443% | 388% | 150% |
Financials of Sadbhav Infrastructure Projects Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 10 | 1 | 0 | 0 | 3 | 5 | 11 | 5 | 12 | 18 | 23 | 38 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 10 | 1 | 0 | 0 | 3 | 5 | 11 | 5 | 12 | 18 | 23 | 38 |
| Working Capital Days | -602 | -175 | -207 | -86 | -150 | -59 | -347 | -316 | -287 | -255 | -517 | -438 |
| ROCE % | 2% | 7% | 8% | 10% | 10% | 11% | 9% | 16% | 12% | 10% | 14% | 18% |