Sadbhav Engineering
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Sadbhav Engineering's board approved a preferential issue of up to 22.035 crore equity shares under the company's RBI resolution plan. The lender portion comprised up to 14.479 crore shares at ₹9.34 each against ₹135.24 crore of coupon payable to Axis Bank, Bank of India, ICICI Bank, IDBI Bank, Karur Vysya Bank, Punjab National Bank, State Bank of India and Union Bank of India. A further 7.556 crore shares at ₹9 each were proposed against up to ₹68 crore of an unsecured loan from promoter-group member Shashin Patel. The issue remained subject to statutory, regulatory and shareholder approvals, and the annual general meeting was scheduled for September 30, 2026. Sadbhav's restructuring plan involved ₹713 crore of NCD issuance against ₹830 crore required, alongside promoter and lender equity conversions. Consolidated revenue stood at about ₹973 crore in financial year 2026.
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Sadbhav Engineering's board approved a preferential issue of up to 22.035 crore equity shares under the company's RBI resolution plan. The lender portion comprised up to 14.479 crore shares at ₹9.34 each against ₹135.24 crore of coupon payable to Axis Bank, Bank of India, ICICI Bank, IDBI Bank, Karur Vysya Bank, Punjab National Bank, State Bank of India and Union Bank of India. A further 7.556 crore shares at ₹9 each were proposed against up to ₹68 crore of an unsecured loan from promoter-group member Shashin Patel. The issue remained subject to statutory, regulatory and shareholder approvals, and the annual general meeting was scheduled for September 30, 2026. Sadbhav's restructuring plan involved ₹713 crore of NCD issuance against ₹830 crore required, alongside promoter and lender equity conversions. Consolidated revenue stood at about ₹973 crore in financial year 2026.
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Sadbhav Engineering's board approved a preferential issue of up to 22.04 crore equity shares to convert ₹203.24 crore of lender coupon and a promoter-group unsecured loan under its resolution plan. Eight lenders were allocated up to 14.48 crore shares at ₹9.34 each, while Shashin Patel was allocated up to 7.56 crore shares at ₹9 a share, subject to shareholder and regulatory approvals. The company had issued ₹713 crore of the ₹830 crore NCD requirement under its lender-backed restructuring, with further debt-to-equity conversions pending. Consolidated revenue was about ₹973 crore in FY26, while construction contracts accounted for roughly ₹151 crore as the business mix shifted toward concession, toll and annuity income.
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Sadbhav Engineering's board approved a preferential issue of up to 22.04 crore equity shares to convert ₹203.24 crore of lender coupon and a promoter-group unsecured loan under its resolution plan. Eight lenders were allocated up to 14.48 crore shares at ₹9.34 each, while Shashin Patel was allocated up to 7.56 crore shares at ₹9 a share, subject to shareholder and regulatory approvals. The company had issued ₹713 crore of the ₹830 crore NCD requirement under its lender-backed restructuring, with further debt-to-equity conversions pending. Consolidated revenue was about ₹973 crore in FY26, while construction contracts accounted for roughly ₹151 crore as the business mix shifted toward concession, toll and annuity income.
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Sadbhav Engineering entered into a deed of accession to its master restructuring agreement with SBI and ICICI Bank on 25 August, making the two lenders assenting parties to its debt-resolution plan. The deed covered ₹194.93 crore of existing debt, including ₹167.86 crore of fund-based exposure and ₹27.07 crore of non-fund-based limits, with the fund-based portion to be restructured into non-convertible debentures. The restructuring plan had been implemented after lenders representing 77.83% by value approved it, and ₹713 crore of the ₹906 crore required non-convertible debentures had been issued by March. Consolidated revenue was ₹973 crore in FY26, while standalone revenue in the June quarter was ₹20 crore alongside a ₹9.7 crore loss.
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Sadbhav Engineering entered into a deed of accession to its master restructuring agreement with SBI and ICICI Bank on 25 August, making the two lenders assenting parties to its debt-resolution plan. The deed covered ₹194.93 crore of existing debt, including ₹167.86 crore of fund-based exposure and ₹27.07 crore of non-fund-based limits, with the fund-based portion to be restructured into non-convertible debentures. The restructuring plan had been implemented after lenders representing 77.83% by value approved it, and ₹713 crore of the ₹906 crore required non-convertible debentures had been issued by March. Consolidated revenue was ₹973 crore in FY26, while standalone revenue in the June quarter was ₹20 crore alongside a ₹9.7 crore loss.
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Aug 25 (Reuters) - Sadbhav Engineering Ltd SADE.NS:
SBI AND ICICI BANK JOIN SADBHAV ENGINEERING DEBT RESTRUCTURING PLAN
Source text: ID:nNSE7Vqfrl
Further company coverage: SADE.NS
(([email protected];))
Aug 25 (Reuters) - Sadbhav Engineering Ltd SADE.NS:
SBI AND ICICI BANK JOIN SADBHAV ENGINEERING DEBT RESTRUCTURING PLAN
Source text: ID:nNSE7Vqfrl
Further company coverage: SADE.NS
(([email protected];))
Aug 14 (Reuters) - Sadbhav Engineering Ltd SADE.NS:
SADBHAV ENGINEERING LTD - RE-APPOINTS SHASHIN PATEL AS CHAIRMAN AND MANAGING DIRECTOR
Source text: ID:nBSE2RTcBY
Further company coverage: SADE.NS
(([email protected];))
Aug 14 (Reuters) - Sadbhav Engineering Ltd SADE.NS:
SADBHAV ENGINEERING LTD - RE-APPOINTS SHASHIN PATEL AS CHAIRMAN AND MANAGING DIRECTOR
Source text: ID:nBSE2RTcBY
Further company coverage: SADE.NS
(([email protected];))
MUMBAI, Aug 20 (Reuters) - India's Ahmedabad Ring Road Infrastructure plans to raise 6.79 billion rupees ($80.97 million) through the sale of bonds maturing in one year as well as in two years, three bankers said on Tuesday.
It has invited coupon and commitment bids for the issues on Wednesday, they said.
Here is the list of deals reported so far on Aug. 20
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Ahmedabad Ring Road Infra | 1 year | To be decided | 3.34 | Aug 21 | NA |
Ahmedabad Ring Road Infra | 2 years | To be decided | 3.45 | Aug 21 | NA |
Cholamandalam Investment | perpetual | 9.50 | 3+7 | Aug 21 | AA (India Ratings, Icra) |
*Size includes base plus greenshoe for some issues
($1 = 83.8600 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala)
MUMBAI, Aug 20 (Reuters) - India's Ahmedabad Ring Road Infrastructure plans to raise 6.79 billion rupees ($80.97 million) through the sale of bonds maturing in one year as well as in two years, three bankers said on Tuesday.
It has invited coupon and commitment bids for the issues on Wednesday, they said.
Here is the list of deals reported so far on Aug. 20
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Ahmedabad Ring Road Infra | 1 year | To be decided | 3.34 | Aug 21 | NA |
Ahmedabad Ring Road Infra | 2 years | To be decided | 3.45 | Aug 21 | NA |
Cholamandalam Investment | perpetual | 9.50 | 3+7 | Aug 21 | AA (India Ratings, Icra) |
*Size includes base plus greenshoe for some issues
($1 = 83.8600 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala)
June 4 (Reuters) - Sadbhav Engineering Ltd SADE.NS:
APPROVED ISSUANCE OF 9 MILLION SHARES
Source text for Eikon: ID:nNSE6Fmsbc
Further company coverage: SADE.NS
(([email protected];;))
June 4 (Reuters) - Sadbhav Engineering Ltd SADE.NS:
APPROVED ISSUANCE OF 9 MILLION SHARES
Source text for Eikon: ID:nNSE6Fmsbc
Further company coverage: SADE.NS
(([email protected];;))
April 25 (Reuters) - Sadbhav Engineering Ltd SADE.NS:
TO CONSIDER RAISING OF FUNDS
Source text for Eikon: ID:nBSENYs9j
Further company coverage: SADE.NS
(([email protected];;))
April 25 (Reuters) - Sadbhav Engineering Ltd SADE.NS:
TO CONSIDER RAISING OF FUNDS
Source text for Eikon: ID:nBSENYs9j
Further company coverage: SADE.NS
(([email protected];;))
April 8 (Reuters) - Sadbhav Engineering Ltd SADE.NS:
DWIGESH B. JOSHI RESIGNS AS CFO
Source text for Eikon: ID:nBSEFxxW5
Further company coverage: SADE.NS
(([email protected];))
April 8 (Reuters) - Sadbhav Engineering Ltd SADE.NS:
DWIGESH B. JOSHI RESIGNS AS CFO
Source text for Eikon: ID:nBSEFxxW5
Further company coverage: SADE.NS
(([email protected];))
Jan 31 (Reuters) - Sadbhav Engineering Ltd SADE.NS:
RECEIVED NOTICE FROM MAMLATDAR ALIEN RECOVERY BRANCH IN MATTER OF PENDING PAYMENT OF ROYALTY
CO ADVISED TO PAY 1.39 BILLION RUPEES
CO WILL PURSUE ALL LEGAL REMEDIES TO CHALLENGE DEMAND
Source text for Eikon: ID:nBSE6sFWyW
Further company coverage: SADE.NS
(([email protected];))
Jan 31 (Reuters) - Sadbhav Engineering Ltd SADE.NS:
RECEIVED NOTICE FROM MAMLATDAR ALIEN RECOVERY BRANCH IN MATTER OF PENDING PAYMENT OF ROYALTY
CO ADVISED TO PAY 1.39 BILLION RUPEES
CO WILL PURSUE ALL LEGAL REMEDIES TO CHALLENGE DEMAND
Source text for Eikon: ID:nBSE6sFWyW
Further company coverage: SADE.NS
(([email protected];))
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Popular questions
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What does Sadbhav Engineering do?
Sadbhav Engineering Limited is a prominent infrastructure company in India, known for executing projects of national importance including roads, highways, bridges, mining, and irrigation infrastructure.
Who are the competitors of Sadbhav Engineering?
Sadbhav Engineering major competitors are Tarmat, Udayshivakumar Infra, Noida Toll Bridge Co, IL&FS Trans &Network, Rachana Infrastruct., RKEC Projects, Gayatri Projects. Market Cap of Sadbhav Engineering is ₹131 Crs. While the median market cap of its peers are ₹75 Crs.
Is Sadbhav Engineering financially stable compared to its competitors?
Sadbhav Engineering seems to be less financially stable compared to its competitors. Altman Z score of Sadbhav Engineering is 0.33 and is ranked 6 out of its 8 competitors.
Does Sadbhav Engineering pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Sadbhav Engineering latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Sadbhav Engineering allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Sadbhav Engineering balance sheet?
Sadbhav Engineering balance sheet is weak and might have solvency issues
Is the profitablity of Sadbhav Engineering improving?
Yes, profit is increasing. The profit of Sadbhav Engineering is ₹110 Crs for TTM, -₹148.75 Crs for Mar 2025 and -₹630.1 Crs for Mar 2024.
Is the debt of Sadbhav Engineering increasing or decreasing?
The net debt of Sadbhav Engineering is decreasing. Latest net debt of Sadbhav Engineering is ₹3,140 Crs as of Mar-26. This is less than Mar-25 when it was ₹4,048 Crs.
Is Sadbhav Engineering stock expensive?
Sadbhav Engineering is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Sadbhav Engineering is 4.39, while 3 year average PE is 0.52. Also latest EV/EBITDA of Sadbhav Engineering is 6.09 while 3yr average is 40.22.
Has the share price of Sadbhav Engineering grown faster than its competition?
Sadbhav Engineering has given better returns compared to its competitors. Sadbhav Engineering has grown at ~-13.95% over the last 3yrs while peers have grown at a median rate of -16.81%
Is the promoter bullish about Sadbhav Engineering?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Sadbhav Engineering is 25.52% and last quarter promoter holding is 25.52%.
Are mutual funds buying/selling Sadbhav Engineering?
There is Insufficient data to gauge this.