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Can road builder Sadbhav beat revenue doldrums amid shrinking order book, debt woes?

By Aman Malik

  • 07 Nov 2019
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Can road builder Sadbhav beat revenue doldrums amid shrinking order book, debt woes?
Credit: Pexels

At first glance, highway developer Sadbhav Engineering Ltd seems to have a debt problem. The debt nearly doubled in five years to more than Rs 10,400 crore at the end of March and the firm has been in the red during the period. Moreover, the Ahmedabad-based company’s ratio of debt ......

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