---
title: "Sadbhav Engineering Ltd (SADBHAV) — Share Price, Financials & Analysis"
symbol: "SADBHAV"
company: "Sadbhav Engineering Ltd"
canonical: "https://tapetide.com/stocks/SADBHAV"
isin: "INE226H01026"
nse_symbol: "SADBHAV"
bse_code: "532710"
sector: "Industrials"
industry: "Construction"
market_cap_cr: 136.57
generated_at: "2026-09-13T18:51:10.401Z"
---

# Sadbhav Engineering Ltd (SADBHAV)

Canonical page: https://tapetide.com/stocks/SADBHAV

## Company

- **NSE Symbol:** SADBHAV
- **BSE Code:** 532710
- **ISIN:** INE226H01026
- **Sector:** Industrials
- **Industry:** Construction
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-01
- **CEO:** Mr. Shashin Vishnubhai Patel MBA
- **Employees:** 164
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** sadbhav.co.in

## About

Incorporated in 1988, Sadbhav Engineering 
Ltd is an EPC contractor of road construction, mining and irrigation[1]

## Latest Price

- **Price:** ₹7.87
- **Change:** -0.19 (-2.36%)
- **Open:** ₹8.06
- **Day High:** ₹8.06
- **Day Low:** ₹7.71
- **Previous Close:** ₹8.06
- **Volume:** 468955
- **As Of:** 2026-09-11T09:59:59+00:00

## Key Fundamentals

Observed at 2026-09-11T04:50:34.853245Z.

- **Market Cap:** ₹136.57 Cr
- **Classification:** Microcap
- **P/E (reported):** 1.3
- **P/E (TTM):** 4.52
- **EPS (TTM):** ₹1.74
- **Book Value:** ₹-6.46
- **Price to Book:** -1.25
- **Dividend Yield:** 0%
- **ROE:** 80.06%
- **ROCE:** 19.77%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹972.73 Cr
- **Net Income:** ₹151.87 Cr
- **EBITDA:** ₹531.36 Cr
- **52-Week High:** ₹14.7
- **52-Week Low:** ₹6.05
- **RSI (14):** 45.37

## Tapetide Score

- **Score:** 59 / 100
- **Score date:** 2026-09-04
- **Archetype:** Out of Favour
- **What it means:** Financially sound, yet the market is not rewarding it. Cases like this usually need a specific reason the pessimism is misplaced, and patience for that reason to play out.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Falling
- **Percentile:** 84.7 (of 4473 scored stocks)
- **Confidence:** 93%
- **Data coverage:** 86%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 28.08 | 9% |
| growth | 35.27 | 9% |
| momentum | 46.67 | 12% |
| ownership | 47.93 | 24% |
| quality | 80.74 | 22% |
| valuation | 81.62 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -15.4% over past five years.
- Promoter holding is low: 25.5%
- Contingent liabilities of Rs.174 Cr.
- Earnings include an other income of Rs.187 Cr.
- Debtor days have increased from 68.3 to 105 days.
- Promoter holding has decreased over last 3 years: -12.2%
- Working capital days have increased from -103 days to 68.8 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -74.84% | -83.7% | -75.49% |
| ebitda margin growth | -39.67% | 0% | 315.98% | 123.7% |
| net income growth | -62.31% | -191.65% | 27% | 16% |
| revenue growth | -52.11% | -14.11% | -18% | -15% |
| roce | -45.55% | -303.6% | — | 4.42% |
| roe | -62.31% | -88.21% | 183.47% | -701.5% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | 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 | 438 | 301 | 473 | 301 | 206 | 240 | 290 | 222 | 250 | 230 | 271 | 204 |
| Expenses | 332 | 245 | 707 | 202 | 105 | 114 | 198 | 75 | 103 | 64 | 200 | 51 |
| Operating Profit | 107 | 56 | -234 | 99 | 101 | 126 | 91 | 147 | 147 | 166 | 71 | 153 |
| OPM % | 24 | 19 | -50 | 33 | 49 | 52 | 32 | 66 | 59 | 72 | 26 | 75 |
| Other Income | -225 | -70 | 87 | 15 | 87 | 40 | -67 | 24 | 60 | -83 | 199 | 10 |
| Interest | 151 | 140 | 126 | 108 | 104 | 140 | 105 | 94 | 140 | 110 | 70 | 66 |
| Depreciation | 32 | 32 | 31 | 32 | 31 | 32 | 32 | 34 | 32 | 34 | 39 | 37 |
| Profit before tax | -302 | -186 | -305 | -26 | 53 | -7 | -113 | 43 | 35 | -61 | 161 | 60 |
| Tax % | -3 | -2 | -5 | 17 | 12 | 149 | 47 | 27 | 23 | 40 | 24 | 23 |
| Net Profit | -293 | -183 | -288 | -31 | 47 | -16 | -165 | 31 | 27 | -86 | 122 | 46 |
| EPS in Rs | -12.25 | -8.57 | -15.32 | -2.08 | 1.6 | -1.56 | -9.01 | 0.71 | 0.33 | -4.23 | 4.73 | 0.91 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 4975 | 5240 | 3487 | 2243 | 1908 | 1777 | 1923 | 1036 | 973 | 955 |
| Expenses | 3493 | 3759 | 2342 | 1645 | 2255 | 1729 | 1842 | 607 | 441 | 417 |
| Operating Profit | 1481 | 1481 | 1145 | 598 | -348 | 48 | 81 | 429 | 531 | 537 |
| OPM % | 30 | 28 | 33 | 27 | -18 | 2.7 | 4.2 | 41 | 55 | 56 |
| Other Income | 114 | 319 | 1873 | 377 | 755 | 31 | -189 | 63 | 200 | 187 |
| Interest | 1313 | 1329 | 1411 | 1003 | 975 | 661 | 560 | 457 | 415 | 387 |
| Depreciation | 358 | 392 | 401 | 211 | 167 | 131 | 127 | 127 | 139 | 142 |
| Profit before tax | -76 | 79 | 1206 | -239 | -735 | -713 | -795 | -92 | 178 | 195 |
| Tax % | 50 | 168 | 8 | -1 | -1 | -2 | -2 | 79 | 47 | — |
| Net Profit | -114 | -54 | 1106 | -237 | -728 | -699 | -780 | -166 | 95 | 110 |
| EPS in Rs | -0.18 | 1.23 | 46.21 | -9.03 | -42.18 | -34.34 | -36.72 | -11.04 | 1.53 | 1.74 |
| Dividend Payout % | -555 | 81 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 889 | 874 | 818 | 1584 | 1428 | 784 | 158 | -143 | -258 | -128 |
| Borrowings | 10080 | 10056 | 11143 | 6768 | 7103 | 6159 | 5151 | 4133 | 4176 | 3264 |
| Other Liabilities | 2804 | 3913 | 4024 | 3839 | 3842 | 3968 | 4377 | 3012 | 2701 | 2707 |
| Total Liabilities | 13790 | 14860 | 16002 | 12207 | 12390 | 10928 | 9704 | 7020 | 6636 | 5860 |
| Fixed Assets | 10057 | 9792 | 9727 | 4461 | 4234 | 411 | 318 | 198 | 137 | 91 |
| CWIP | 190 | 291 | 96 | 99 | 100 | 4 | 4 | 4 | 4 | 0 |
| Investments | 60 | 48 | 105 | 730 | 730 | 177 | 122 | 1 | 1 | 1 |
| Other Assets | 3484 | 4727 | 6074 | 6917 | 7327 | 10336 | 9260 | 6817 | 6493 | 5768 |
| Total Assets | 13790 | 14860 | 16002 | 12207 | 12390 | 10928 | 9704 | 7020 | 6636 | 5860 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 366 | 1274 | 245 | 597 | 1184 | -3095 | 1780 | 1154 | 290 | 749 |
| Cash from Investing Activity | -220 | -94 | -4 | 1311 | 118 | 5252 | 32 | 72 | 42 | -70 |
| Cash from Financing Activity | -186 | -1126 | -226 | -1947 | -1288 | -2107 | -1870 | -1283 | -330 | -642 |
| Net Cash Flow | -41 | 53 | 15 | -38 | 14 | 49 | -58 | -57 | 2 | 37 |
| Free Cash Flow | 108 | 1078 | 113 | 597 | 1199 | 657 | 1737 | 1199 | 319 | 677 |
| CFO/OP | 29 | 93 | 25 | 56 | 201 | 920 | 3674 | 1715 | 73 | 143 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 129 | 102 | 76 | 13 | 27 | 62 | 79 | 52 | 48 | 105 |
| Inventory Days | 53 | 55 | 85 | 142 | 148 | 187 | 98 | — | — | 2 |
| Days Payable | 243 | 236 | 283 | 703 | 946 | 1170 | 2018 | — | — | 424 |
| Cash Conversion Cycle | -60 | -79 | -122 | -549 | -772 | -922 | -1841 | 52 | 48 | -317 |
| Working Capital Days | -17 | 26 | -11 | 47 | -41 | -47 | -89 | -60 | -319 | 69 |
| ROCE % | 9 | 11 | 12 | 11 | 8 | 5 | 5 | 2 | 10 | 13 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 37.7% | 37.79% | 36.22% | 36.22% | 36.22% | 36.22% | 36.22% | 36.22% | 25.52% | 25.52% | 25.52% | 25.52% |
| FIIs | 0.1% | 0.1% | 0.3% | 0.38% | 1.95% | 0.54% | 0.42% | 0.19% | 0.5% | 0.33% | 0.32% | 0.2% |
| DIIs | 10.82% | 9.2% | 8.92% | 8.92% | 3.41% | 2.14% | 0.37% | 0.37% | 0.01% | 0.01% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 42.79% | 39.59% | 39.68% | 40.99% | 44.24% | 46.08% | 48.42% | 48.84% | 49.65% | 50.58% | 52.1% | 52.32% |
| Others | 8.6% | 13.32% | 14.89% | 13.5% | 14.19% | 15.02% | 14.57% | 14.38% | 24.31% | 23.56% | 22.05% | 21.96% |
| No. of Shareholders | 66609 | 61442 | 64398 | 64283 | 65371 | 66939 | 67391 | 66304 | 66694 | 65987 | 64857 | 63739 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 8.1 | Sell |
| EMA (10) | 8.1 | Sell |
| SMA (20) | 8.15 | Sell |
| EMA (20) | 8.21 | Sell |
| SMA (50) | 8.4 | Sell |
| EMA (50) | 8.43 | Sell |
| SMA (100) | 8.81 | Sell |
| EMA (100) | 8.69 | Sell |
| SMA (200) | 8.96 | Sell |
| EMA (200) | 9.36 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 42.32 | Neutral |
| MACD (12,26,9) | -0.14 | Sell |
| Stochastic (14,3,3) | 20.93 | Neutral |
| ADX (14) | 10.77 | Neutral |
| Williams %R (14) | -89.61 | Buy |
| ATR (14) | 0.42 | High Volatility |
| ROC (12) | -2.48 | Sell |
| Stoch RSI (14) | 1.64 | Buy |
| UO (7,14,28) | 47.78 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ae8068c3-8fe2-4184-b4a2-8fd966244158.pdf) |
| 2026-09-07 | [Notice Of 37Th Annual General Meeting Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3b56867b-7509-42eb-87c7-2a57762ace84.pdf) |
| 2026-09-07 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f3376d42-bfba-41ab-bf26-aade65c28bf5.pdf) |
| 2026-09-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=33a97541-39d3-41b6-8a73-031663f9ec95.pdf) |
| 2026-09-01 | [Board Meeting Outcome for Enclosed Outcome Of Meeting Of Board Of Directors Held Today I.E. On 1St September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ad79fab3-9290-42a5-bfb0-be1452b00852.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Issue of Securities](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e571b191-f27e-49df-9fc2-3995869999a2.pdf) |
| 2026-09-01 | [Enclosed Herewith The Board Approval For Notice Of Annual General Meeting To Be Held On Wednesday 30Th September 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fc8f44ef-5434-4187-8246-150c1e01d6de.pdf) |
| 2026-08-27 | [Board Meeting Intimation for Issuance Of Equity Shares And Warrants.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5c73610d-491e-40d0-bbd6-a37fb0024960.pdf) |
| 2026-08-27 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=91005812-9157-4103-8cf9-0aa6af25b113.pdf) |
| 2026-08-25 | [Announcement under Regulation 30 (LODR)-Corporate Debt Restructuring](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=304a483e-20e2-4acd-8e98-d180c2d41eb6.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Results - Financial Results For Quarter Ended On June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fa207951-d08e-4d88-88d5-74a2c9dcbcac.pdf) |
| 2026-05-31 | [Results - Audited Financial Results For Quarter And Year Ended On March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7b17750d-a4ad-4700-ba10-371af03c0d6c.pdf) |
| 2026-02-14 | [Please Find Attached Herewith Unaudited Financial Results For The Quarter And Nine Months Ended On 31-12-2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=24e6964b-6c4f-4a5d-811f-2a6d47da4f21.pdf) |
| 2025-11-14 | [Please Find Attached Herewith The Unaudited Financial Results Of The Company For The Quarter And Half Year Ended On 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=992bf4b5-66fa-413e-ada6-e7d989d7c029.pdf) |
| 2025-08-14 | [Unaudited Standalone And Consolidated Financial Results For The Quarter Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8d2cd3c5-a041-4390-9524-12e86ffd789b.pdf) |
| 2025-05-29 | [Please Find Attached Herewith The Audited Consolidated And Standalone Financial Results Of The Company For The Quarter And Year Ended On 31.03.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9e89e4d4-edc8-4bba-aaba-9aa938046d63.pdf) |
| 2025-02-14 | [Financial Results Of Sadbhav Engineering Limited For The Quarter And Nine Month Ended On 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a92e32e6-db7e-411c-8434-084fe80e2f82.pdf) |
| 2024-11-14 | [Standalone And Consolidated Unaudited Financial Results Of The Company For The Quarter And Half Year Ended On 30Th September, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=15f8c21f-8245-4ab1-aef4-5a796ddd88b3.pdf) |
| 2024-08-14 | [Financial Results For The Quarter Ended 30-06-2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dfe7077d-85ff-4bac-81e1-cbdc334959b1.pdf) |
| 2024-05-22 | [Audited Results-31-03-2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0778ade7-4ceb-40a0-add5-03dc432cfc5c.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6h - Allotment of NCDs totaling Rs713.25 crore on 25 Mar 2026; tenors to 2031 and 2034; debt restructuring. | [Announcement under Regulation 30 (LODR)-Allotment 6h - Allotment of NCDs totaling Rs713.25 crore on 25 Mar 2026; tenors to 2031 and 2034; debt restructuring.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/f380ceee-7bc8-4dc2-b017-bb141572d7bb.pdf) |
| 5 Feb - Board meeting Feb 14, 2026 to approve Q3 and nine-month results; trading window closed from Jan 1. | [Board Meeting Intimation for Please Find Attached The Intimation For Board Meeting Of The Company To Be Held On 14Th February, 2026 5 Feb - Board meeting Feb 14, 2026 to approve Q3 and nine-month results; trading window closed from Jan 1.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0127e568-1e12-48a1-8240-8fad3340c342.pdf) |
| 29 Apr - Sadbhav Engineering says SEBI large corporate disclosure norms are not applicable as of March 31, 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 29 Apr - Sadbhav Engineering says SEBI large corporate disclosure norms are not applicable as of March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/72ae4b20-fe8f-4433-80c2-dc76702070c0.pdf) |
| 29 Apr - Sadbhav Engineering says SEBI large corporate disclosure norms are not applicable as of March 31, 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 29 Apr - Sadbhav Engineering says SEBI large corporate disclosure norms are not applicable as of March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/72ae4b20-fe8f-4433-80c2-dc76702070c0.pdf) |
| 26 Mar - MRA signed 25-Mar-2026 to restructure Rs1,516.71 Crore debt; part to convert into equity. | [Announcement under Regulation 30 (LODR)-Corporate Debt Restructuring 26 Mar - MRA signed 25-Mar-2026 to restructure Rs1,516.71 Crore debt; part to convert into equity.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3fe6a386-ab2e-40a7-8f4b-0d5035cbbaae.pdf) |
| 26 Mar - MRA signed 25 Mar 2026 to restructure Rs.1,516.71 Crore debt; convert debts to debentures/equity; lender nominee rights. | [Please Find Enclosed Announcement For Signing Of Master Restructuring Agreement By Sadbhav Engineering Limited With Majority Consortium Lenders. 26 Mar - MRA signed 25 Mar 2026 to restructure Rs.1,516.71 Crore debt; convert debts to debentures/equity; lender nominee rights.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4ab54563-da2f-4c03-b51e-76df849ae3f5.pdf) |
| 2 Apr - Company Secretary and Compliance Officer Hardik Modi resigned effective 1 April 2026 for personal reasons. | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 2 Apr - Company Secretary and Compliance Officer Hardik Modi resigned effective 1 April 2026 for personal reasons.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2359ff41-6eed-4d4c-9aa8-68743c4ccb91.pdf) |
| 16 Feb - Copy of newspaper publication of extract of Unaudited financial statements of the company for the quarter and nine month ended 31st December, 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Feb - Copy of newspaper publication of extract of Unaudited financial statements of the company for the quarter and nine month ended 31st December, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/41430608-be60-4eab-a59b-ff59341643b4.pdf) |
| 14 Feb - Approved Q3/9M results; qualified review; NPA/defaults, restructuring sanctioned; Rs.108,054.50 lakh arbitration award. | [Please Find Attached Herewith Unaudited Financial Results For The Quarter And Nine Months Ended On 31-12-2025 14 Feb - Approved Q3/9M results; qualified review; NPA/defaults, restructuring sanctioned; Rs.108,054.50 lakh arbitration award.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/24e6964b-6c4f-4a5d-811f-2a6d47da4f21.pdf) |
| 14 Feb - Approved Q3/9M Dec‑31,2025 results; standalone 9M loss Rs1,606.24 lakh; auditor qualified; defaults, restructuring, insolvency risks. | [Board Meeting Outcome for Outcome Of The Meeting Of The Board Of The Company Held On Saturday, 14Th February, 2026 14 Feb - Approved Q3/9M Dec‑31,2025 results; standalone 9M loss Rs1,606.24 lakh; auditor qualified; defaults, restructuring, insolvency risks.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cc59c431-24d0-4e20-b22e-d51ea3f94654.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2012 from nse](https://archives.nseindia.com/annual_reports/AR_SADBHAV_2011_2012_18092012112203.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4d720e99-8251-41b0-ba83-f29c2470333e.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/56bbb456-1c46-4326-850d-138e09974b5b.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2abf3636-2616-4ef9-98ef-b0e449fc0fb7.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532710/77086532710.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532710/71862532710.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532710/66685532710.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532710/5327100319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532710/5327100318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532710/5327100317.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2016 | [Concall - Sep 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2AF0361B_3C24_445D_A026_D91D3E27EC1D_125151.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:51:10.401Z.