Sadbhav Infrastructure Project Ltd. (SADBHIN) AI Stock Analysis

• Market Cap: ₹1.26B
• Dividend Yield: N/A
• Average Volume (3M): 34.82K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.12
• Revenue Growth: 2.53%
• EPS Growth: 92.21%
• Country: IN
• Employees: 53
• Sector: Services
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): 0.34
• Shares Outstanding: 352,225,220
• 10 Day Avg. Volume: 51,722
• 30 Day Avg. Volume: 34,823
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹4.00
• Price Target Upside: 12.04% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 41 Neutral
• Price Target: ₹4.00 ▲(12.04% Upside)

The overall stock score is driven primarily by significant financial challenges, including consistent net losses and high leverage, which greatly impact the company's stability. Technical analysis further supports a bearish outlook, with indicators pointing to oversold conditions but no immediate recovery signs. Valuation metrics reflect the company's unprofitability, reinforcing the negative sentiment.

Sadbhav Infrastructure Project Ltd. Business Overview & Revenue Model

Company Description

Sadbhav Infrastructure Project Ltd. (SADBHIN) is an Indian-based company primarily engaged in the development, construction, and operation of infrastructure projects. The company focuses on sectors such as roads and highways, mining, irrigation, and urban infrastructure. SADBHIN undertakes engineering, procurement, and construction (EPC) contracts and operates on a build-operate-transfer (BOT) model, contributing to the nation’s infrastructure development by building critical transportation networks and other essential projects.

How the Company Makes Money

Sadbhav Infrastructure Project Ltd. generates revenue primarily through two key models: Engineering, Procurement, and Construction (EPC) and Build-Operate-Transfer (BOT). In the EPC model, SADBHIN undertakes contracts for the construction of infrastructure projects where it is paid by the client upon achieving specific project milestones. The BOT model allows the company to build infrastructure projects, operate them for a specified period, and collect tolls or user fees, providing a steady stream of income over the operational phase. SADBHIN also benefits from government contracts and public-private partnerships, which are significant contributors to its revenue. The company’s diversified portfolio across various infrastructure sectors helps stabilize its earnings and mitigate risks associated with individual projects.

Sadbhav Infrastructure Project Ltd. Financial Statement Overview

Summary

Sadbhav Infrastructure Project Ltd. faces significant financial challenges with declining revenues, consistent net losses, high leverage, and negative equity. Positive trends in gross profit margins and free cash flow provide some hope, but the financial health remains precarious.

Income Statement

The company's income statement reflects significant challenges, with declining revenue from 2020 to 2025 and persistent negative net income. Gross profit margin has improved in recent years, suggesting some efficiency gains, but the net loss trend is concerning. The EBIT and EBITDA margins show mixed results, indicating inconsistent operational performance.

Balance Sheet

The balance sheet is distressing with negative stockholders' equity, indicating financial instability. The debt-to-equity ratio cannot be calculated meaningfully due to negative equity, implying high leverage risk. While total assets have decreased, the liabilities remain high, contributing to the weak equity position.

Cash Flow

Cash flow statements show some improvement in free cash flow in recent years, but the operating cash flow has been erratic. The positive free cash flow in 2025 implies some operational efficiency, but the volatility in cash flows suggests ongoing financial management challenges.

Breakdown	Mar 2025	Mar 2023	Mar 2024	Mar 2022	Mar 2021
Income Statement
Total Revenue	7.04B	8.25B	7.79B	9.60B	12.68B
Gross Profit	3.86B	4.42B	2.93B	3.50B	4.41B
EBITDA	4.43B	3.79B	-410.90M	8.98B	7.54B
Net Income	-749.83M	-3.75B	-5.43B	-210.24M	-2.78B
Balance Sheet
Total Assets	52.40B	76.99B	55.19B	89.18B	97.43B
Cash, Cash Equivalents and Short-Term Investments	458.47M	24.60B	412.38M	1.67B	383.12M
Total Debt	32.06B	40.69B	32.91B	34.47B	63.01B
Total Liabilities	58.07B	79.37B	61.48B	87.71B	95.56B
Stockholders Equity	-5.45B	-1.65B	-5.67B	2.29B	1.87B
Cash Flow
Free Cash Flow	1.84B	15.86B	12.64B	-16.44B	3.16B
Operating Cash Flow	3.81B	16.43B	12.65B	-1.95B	3.44B
Investing Cash Flow	-3.04B	-1.91B	-289.59M	10.87B	896.31M
Financing Cash Flow	-854.04M	-15.28B	-12.46B	-8.69B	-3.88B

Sadbhav Infrastructure Project Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.57
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SADBHIN, the sentiment is Negative. The current price of 3.57 is below the 20-day moving average (MA) of 4.39, below the 50-day MA of 4.82, and below the 200-day MA of 5.47, indicating a bearish trend. The MACD of -0.28 indicates Positive momentum. The RSI at 24.27 is Positive, neither overbought nor oversold. The STOCH value of 19.41 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SADBHIN.

Sadbhav Infrastructure Project Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RKEC	59 Neutral	₹1.65B	8.22		―	19.60%	0.37%
Sector *	54 Neutral	C$45.05M	57.91	15.08%	4.51%	1.39%	-26.37%
BRNL	49 Neutral	₹1.61B	0.94		―	-27.77%	―
SADBHIN	41 Neutral	₹1.26B	―		―	2.53%	92.21%