Sadbhav Engineering Ltd.

NSE: SADBHAV | BSE: 532710 | ISIN: INE226H01026 | Industry: Construction & Engineering
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ICICI Securities Limited
Sadbhav Engineering (SEL) continued to report disappointing numbers in H1FY21 with revenue falling 54.2% YoY to | 641.9 crore, largely marred by disruptions caused by Covid-19 pandemic. Operating margin fell 162 bps YoY to 10.8% for H1. At net level, the company reported loss of | 21.3 crore during H1FY21 on account of lower operational revenue and higher costs. SEL's standalone net debt (including loans) at the end of September 2020 was at | 1,095 crore. However, the company expects the potential realisation of arbitration awards, SPV debtors, GST refunds, and proceeds from transfer...
Sadbhav Engineering Ltd. is trading above its 100 day SMA of 13.1
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