Sanghvi Movers

NSE: SANGHVIMOVBSE: 530073
Compare with peers
₹ 348.25▲ 19.8 (+6.03%)28 Oct, 03:29 pm IST
Market cap
₹ 2,799 Cr.
P/E
14.7x
P/B
2.17x
52-week range
223.8 – 528
ROE
14%
ROCE
16%
Dividend yield
0.6%
Debt / equity
0.51
Sector
Commercial Services & Supplies
Industry
Diversified Commercial Services
Listed on
NSE, BSE

About

Sanghvi Movers Limited is a crane rental company, which is engaged in the business of providing hydraulic and crawler cranes to various industries in the infrastructure sector. Its segments include Crane hiring and other ancillary services, Wind engineering, procurement, and construction (EPC), and Project EPC. Its Crane hiring and other ancillary services segment includes crane rental services including mobilization and demobilization. Its Wind EPC segment includes logistics, interacting, installation and commissioning of wind turbine components. Its Project EPC segment includes complete kiting and rigging for all heavy lifts, foundation preparation alignment, execution & planning of completion of heavy lifts. The Company has a fleet of medium -to large -size hydraulic truck mounted telescopic and lattice boom cranes and crawler cranes with lifting capacity ranging from 20 tons to 1600 tons. It caters various industrial plants, such as power, steel, cement, fertilizers, and others.

Quick check

The five things to look at first. Open one for more.

Sanghvi Movers against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)14.7 against a typical 20: cheaper than most peers (1st = cheapest).57th of 139
  • Sales growth+39.2% against a typical +14.1% from a year earlier.37th of 115
  • Profit growth+30% against a typical +3.4% from a year earlier.33rd of 85
  • Share price, 3 months−20.5% against a typical −8.9%.104th of 121
  • Size₹ 2,799 Cr. market value against a typical ₹ 68.8 Cr. (1st = largest).11th of 128

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Adequate safety

Rated A+ by ICRA
A+
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
ICRA[ICRA]A+Stable19 Sep 2025
Credit rating actions
RatingDetails
19 Sep 2025
Reaffirmed
[ICRA]A+—ICRA₹ 1,179.99 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
2 Nov 2026UpcomingFinancial ResultsTo consider and approve the financial results for the period ended September 30, 2026
31 Jul 2026Financial ResultsTo consider and approve the unaudited financial results for the period ended Jun 30, 2026
20 May 2026Financial Results/Dividendapproving the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026 and recommend dividend, if any, for the year ended March 31, 2026
6 Feb 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
7 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
6 Aug 2025Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2025
20 May 2025Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2025 and dividend

Share price

1Y change −7.87%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Jun 2023Sep 2023Dec 2023Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales146140167151156208267273210236351380
Expenses5854527683132161174129150217254
Operating Profit88861157473761071008185134125
OPM %60%62%69%49%47%37%40%36%38%36%38%33%
Other Income6562086778−3913
Interest57766677791313
Depreciation333432333331313131333639
Profit before tax565082564245756850409588
Tax %26%26%25%27%30%26%28%26%27%28%27%26%
Net Profit423761402933545036296965
EPS in Rs4.834.37.084.683.363.826.225.814.193.357.957.54

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
37%
3 Years
33%
TTM
30%
Compounded Profit Growth
10 Years
—
5 Years
57%
3 Years
20%
TTM
23%
Stock Price CAGR
10 Years
15%
5 Years
40%
3 Years
13%
TTM
—
Return on Equity
10 Years
—
5 Years
—
3 Years
—
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
47.25%
0 pts in a year
FIIs
1.81%
+0.41 pts in a year
DIIs
1.4%
−0.21 pts in a year
Public
49.53%
−0.21 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 14.7xEPS (12 months) ₹ 23.68Median P/E 23.7x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Sanghvi Movers₹ 348.25₹ 2,799 Cr.14.7x2.2x14%—
Knowledge Realty Trust₹ 111.04₹ 49,240 Cr.113.7x24.2x—8.5%
Mindspace Business Parks REIT₹ 488.45₹ 32,335 Cr.44.7x2.1x4.5%21.6%
Sri Lotus Developers and Realty₹ 224.25₹ 10,960 Cr.27.8x3.6x33.4%31.6%
Indiabulls₹ 31.95₹ 7,451 Cr.18.5x2.1x24.8%63.7%
ECOS (India) Mobility & Hospitality₹ 100.00₹ 600 Cr.13.8x3x23.7%7.1%

Management

Gaurang Desai
Chief Executive Officer
Vinav Agarwal
Compliance Officer, Company Secretary
Rishi Chandrakant Sanghvi
Managing Director, Executive Director

Prices are delayed and for information only. Nothing on this page is investment advice.