BSE:539346

Stock Analysis Report

Sadbhav Infrastructure Project

Executive Summary

Sadbhav Infrastructure Project Limited engages in the development, construction, operation, and maintenance of infrastructure projects, as well as provision of related consulting and advisory services in India.

Snowflake

Fundamentals

Imperfect balance sheet not a dividend payer.


Similar Companies

Share Price & News

How has Sadbhav Infrastructure Project's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 539346's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

7.4%

539346

1.0%

IN Infrastructure

0.5%

IN Market


1 Year Return

-57.5%

539346

-3.6%

IN Infrastructure

5.6%

IN Market

Return vs Industry: 539346 underperformed the Indian Infrastructure industry which returned -3.6% over the past year.

Return vs Market: 539346 underperformed the Indian Market which returned 5.6% over the past year.


Shareholder returns

539346IndustryMarket
7 Day7.4%1.0%0.5%
30 Day-8.7%-9.8%2.1%
90 Day-13.9%6.5%10.4%
1 Year-57.1%-57.5%-3.2%-3.6%7.6%5.6%
3 Year-50.8%-51.4%19.0%16.8%37.0%29.9%
5 Yearn/a13.6%9.8%39.6%27.0%

Price Volatility Vs. Market

How volatile is Sadbhav Infrastructure Project's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Sadbhav Infrastructure Project undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Below Fair Value: 539346 (₹43.05) is trading above our estimate of fair value (₹19.07)

Significantly Below Fair Value: 539346 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 539346 is unprofitable, so we can't compare its PE Ratio to the Infrastructure industry average.

PE vs Market: 539346 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 539346's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 539346 has negative assets, so we can't compare its PB Ratio to the IN Infrastructure industry average.


Next Steps

Future Growth

How is Sadbhav Infrastructure Project forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-15.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 539346 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 539346 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 539346 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: 539346's revenue is expected to decline over the next 3 years (-3% per year).

High Growth Revenue: 539346's revenue is forecast to decline over the next 3 years (-3% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 539346's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Sadbhav Infrastructure Project performed over the past 5 years?

5.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 539346 has large one-off items impacting its financial results.

Growing Profit Margin: 539346 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 539346 is unprofitable, but has reduced losses over the past 5 years at a rate of 5.6% per year.

Accelerating Growth: Unable to compare 539346's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 539346 is unprofitable, making it difficult to compare its past year earnings growth to the Infrastructure industry (17.7%).


Return on Equity

High ROE: 539346's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Sadbhav Infrastructure Project's financial position?


Financial Position Analysis

Short Term Liabilities: 539346 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 539346 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 539346 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 539346's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: 539346 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 539346 has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 539346 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 539346 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -41.1% per year.


Next Steps

Dividend

What is Sadbhav Infrastructure Project's current dividend yield, its reliability and sustainability?

1.16%

Current Dividend Yield


Dividend Yield vs Market

company1.2%marketbottom25%0.6%markettop25%2.5%industryaverage0.4%forecastin3Years1.2%

Current dividend yield vs market & industry

Notable Dividend: 539346's dividend (1.16%) is higher than the bottom 25% of dividend payers in the Indian market (0.59%).

High Dividend: 539346's dividend (1.16%) is low compared to the top 25% of dividend payers in the Indian market (2.46%).


Stability and Growth of Payments

Stable Dividend: 539346 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 539346's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: 539346 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Sadbhav Infrastructure Project's salary, the management and board of directors tenure and is there insider trading?

5.2yrs

Average management tenure


CEO

Vasistha Patel (46yo)

0yrs

Tenure

₹3,250,000

Compensation

Mr. Vasistha C. Patel serves as Managing Director of Sadbhav Infrastructure Projects Limited and has been its Executive Director since April 1, 2008. Mr. Patel has been an Executive Director at Sadbhav En ...


CEO Compensation Analysis

Compensation vs Market: Vasistha's total compensation ($USD45.29K) is below average for companies of similar size in the Indian market ($USD279.65K).

Compensation vs Earnings: Vasistha's compensation has been consistent with company performance over the past year.


Management Age and Tenure

5.2yrs

Average Tenure

Experienced Management: 539346's management team is seasoned and experienced (5.2 years average tenure).


Board Age and Tenure

5.1yrs

Average Tenure

48.5yo

Average Age

Experienced Board: 539346's board of directors are considered experienced (5.1 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Vasistha Patel (46yo)

    MD & Executive Director

    • Tenure: 0yrs
    • Compensation: ₹3.25m
  • Varun Mehta

    Chief Financial Officer

    • Tenure: 5.1yrs
    • Compensation: ₹3.93m
  • Rajkumar Dhoot

    Vice President of Finance

    • Tenure: 7yrs
    • Compensation: ₹2.59m
  • Darshan Bhatt

    Assistant General Manager of Accounts

    • Tenure: 5.3yrs
    • Compensation: ₹1.20m
  • Hardik Modi

    Compliance Officer & Company Secretary

    • Tenure: 3.3yrs
    • Compensation: ₹730.00k

Board Members

  • Vasistha Patel (46yo)

    MD & Executive Director

    • Tenure: 0yrs
    • Compensation: ₹3.25m
  • Shashin Patel (38yo)

    Chairman of the Board

    • Tenure: 2.7yrs
    • Compensation: ₹6.00k
  • Nitin Kumar Patel (51yo)

    Non-Independent & Non-Executive Director

    • Tenure: 9.2yrs
    • Compensation: ₹9.00k
  • Sandip Patel (42yo)

    Independent & Non-Executive Director

    • Tenure: 7.7yrs
    • Compensation: ₹7.50k
  • Daksha Shah (74yo)

    Independent & Non-Executive Director

    • Tenure: 4.7yrs
    • Compensation: ₹9.00k
  • Atul Ruparel (52yo)

    Independent & Non-Executive Director

    • Tenure: 5.1yrs
    • Compensation: ₹6.00k
  • Arun Patel (73yo)

    Independent & Non-Executive Director

    • Tenure: 5.1yrs
    • Compensation: ₹7.50k
  • Mirat Bhadlawala (45yo)

    Independent & Non-Executive Director

    • Tenure: 5.1yrs
    • Compensation: ₹4.50k

Company Information

Sadbhav Infrastructure Project Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sadbhav Infrastructure Project Limited
  • Ticker: 539346
  • Exchange: BSE
  • Founded: 2007
  • Industry: Highways and Railtracks
  • Sector: Transportation
  • Market Cap: ₹14.723b
  • Shares outstanding: 352.23m
  • Website: https://www.sadbhavinfra.co.in

Number of Employees


Location

  • Sadbhav Infrastructure Project Limited
  • Sadbhav
  • Near Havmor Restaurant
  • Ahmedabad
  • Gujarat
  • 380009
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
539346BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 2015
SADBHINNSEI (National Stock Exchange of India)YesEquity SharesININRSep 2015

Biography

Sadbhav Infrastructure Project Limited engages in the development, construction, operation, and maintenance of infrastructure projects, as well as provision of related consulting and advisory services in I ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/22 12:58
End of Day Share Price2019/11/22 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.