Sadbhav Engineering Ltd

Sadbhav Engineering Q1 FY26 Results: Mixed Performance Amid Financial Challenges 🏗️

- Standalone Q1 FY26 revenue: ₹3,301.52 lakhs (Net loss: ₹42.05 lakhs)

- Consolidated Q1 FY26 revenue: ₹22,198.48 lakhs (Net profit: ₹3,118.66 lakhs)

- Mr. Shashin Patel re-appointed as Chairman & MD (effective Dec 17, 2025, pending approval)

- Classified as NPA due to loan repayment defaults; restructuring plan submitted to lenders

- ₹20,776.80 lakhs outstanding from RPTPL with pending arbitration

- ₹35,019.32 lakhs contract assets under negotiation/arbitration (management asserts recoverability)

- No CFO appointed since April 2024 (violates Companies Act)

- Auditors flagged concerns over subsidiary loans & contract asset recoverability

- Material uncertainty about company's going concern status