Sadbhav Engineering Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Sadbhav Engineering reported FY26 standalone revenue of Rs 16,783.53L, down 20.3% from FY25's Rs 21,053.10L, though Q4 showed strong recovery at Rs 5,883.09L vs Rs 3,450.81L in Q4 FY25. The company swung to profit after tax of Rs 1,337.85L from a loss of Rs 15,354.76L, driven mainly by exceptional items of Rs 19,143.14L including Rs 15,638.89L from interest waiver under the Resolution Plan, Rs 7,848.69L from liability write-backs, and Rs 9,143.89L from receivables write-off. Excluding exceptional items, the company still reported a loss before tax of Rs 5,908.81L for the full year. The company's Resolution Plan was implemented in March 2026, converting debt to NCDs and equity shares, with borrowings now reclassified at Rs 78,043.25L in non-current liabilities. The auditors issued a qualified opinion citing four major issues: recoverability of Rs 54,864.44L investment and Rs 32,938.49L loan to subsidiary SIPL, Rs 20,178.30L from RPTPL under arbitration, and Rs 35,019.32L in contract assets. Additionally, corporate guarantees to SIPL triggered NCLT proceedings. The company also faced contingent liabilities of Rs 32,524.38L from mining royalty demands.