Sanghvi Movers Limited
NSE: SANGHVIMOVDiversified Commercial Services
Share price
₹389.20
-5.22% close of 8 Oct 2026
Business score
How strong the business is, in one number. The parts behind it are in Pro.
67
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹3,503 Cr
P/E ratio
17.2
P/B ratio
2.6
ROCE
15.6%
ROE
13.9%
Dividend yield
0.5%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Sales grew 30.0% over the past year, and 4.7% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 44.4% to 36.5% over the last four years.
Whether it grew faster than its sector
It grew 4.7% a year against a sector median of 9.8% — 5.1 percentage points slower.
Room to re-rate, or risk of de-rating
At 17.2× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 21.6×, across 5 companies. It is against its own five-year median of 19.5×, the 31st percentile of its own range.
Whether growth justifies the valuation
Priced at 0.9 times its growth rate, on earnings growth of 20%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Sanghvi Movers Limited — this one | 20%/yr | 17.2× | ₹0.86 |
| International Gemmological Institute (India) Limited | 43%/yr | 21.6× | ₹0.50 |
| WeWork India Management Limited | 36%/yr | 100.7× | ₹2.8 |
| Indiabulls Limited | 50%/yr | 16.1× | ₹0.32 |
| Nesco Limited | 11%/yr | 17.3× | ₹1.6 |
| Leap India Limited | 81%/yr | 117.6× | ₹1.5 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Diversified Commercial Services), it ranks 14 of 40 on returns, 25 of 36 on growth, 17 of 40 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A narrow advantage: it earns 15.6% on capital, ahead of 65% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
No — Over the 4 years of cash statements on file it made ₹827 crore of cash from the business but spent ₹900 crore on plant and equipment, ₹73 crore more than it made; the gap was mostly borrowed — borrowings rose from ₹167 crore to ₹674 crore.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
6 of 9 checks clear · 67%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Revenue up 39% and the Saudi arm turned cash-profitable a quarter earlier than promised
Announced 31 Jul 2026 · Consolidated · Unaudited
Revenue
₹380 Cr
Revenue vs last year
+38.9%
Revenue vs last quarter
+8.0%
Net profit
₹65 Cr
Profit vs last year
+30.5%
Profit vs last quarter
-5.4%
Net margin
17.2%
EPS
₹7.54
Earnings call transcript · 3 Aug 2026
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹3,503 Cr
- Prev close
- ₹389.20
- 52w High
- ₹528
- 52w Low
- ₹224
- Enterprise value
- ₹3,961 Cr
- Beta
- 1.5
- Price CAGR 1y
- 1.0%
- Price CAGR 3y
- 6.0%
- Price CAGR 5y
- 32.0%
- Price CAGR 10y
- 12.0%
Ratios
- Return on assets
- 7.9%
- PEG ratio
- 0.8
- P/E ratio
- 17.2
- P/B ratio
- 2.6
- EV / EBITDA
- 9.3
- Industry P/E
- 16.8
- ROCE
- 15.6%
- ROCE 5y average
- 15.5%
- ROE
- 13.9%
- Debt / Equity
- 0.5
- Interest coverage
- 7.8
- Dividend yield
- 0.5%
- ROE 3y average
- —
- ROE last year
- 14.0%
Annual P&L
- Annual revenue
- ₹1,070 Cr
- Annual profit
- ₹184 Cr
- Operating margin
- 37.0%
- Net profit margin
- 17.2%
- EBITDA margin
- 37.4%
- Sales growth 3y
- 47.3%
- Sales growth 5y
- 37.0%
- Profit growth 3y
- 20.0%
- Profit growth 5y
- 57.0%
- EPS
- ₹21.3
- Sales growth TTM
- 30.0%
- Profit growth TTM
- 23.0%
- Dividend payout
- 9.0%
Quarter P&L
- Sales latest quarter
- ₹380 Cr
- Profit latest quarter
- ₹65 Cr
- YoY quarterly sales growth
- 38.9%
- YoY quarterly profit growth
- 30.0%
- OPM latest quarter
- 33.0%
Balance Sheet
- Book Value
- ₹146
- Face Value
- ₹1.0
- Total debt
- ₹674 Cr
- Total cash
- ₹129 Cr
- Borrowings
- ₹674 Cr
- Reserves / Equity
- 144.7
Cash Flow
- Operating cash flow
- ₹278 Cr
- Free cash flow
- -₹130 Cr
- FCF yield
- -4.8%
- Net cash flow
- ₹42 Cr
Shareholding
- Promoter holding
- 47.3%
- FII holding
- 1.8%
- DII holding
- 1.4%
- Public holding
- 49.5%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| International Gemological Instit | 307.55 | 21.8 | 13,291 | 0.80 | 165.7 | 31.0 | 370.8 | 23.2 | 69.3 |
| Wework India | 655.85 | 105.3 | 9,108 | 0.00 | -4.6 | 68.7 | 680.2 | 27.4 | 20.6 |
| Indiabulls | 35.00 | 16.9 | 8,163 | 0.00 | 141.0 | 35647.5 | 359.5 | 292.3 | 16.2 |
| NESCO | 1,023.40 | 17.3 | 7,211 | 0.68 | 100.0 | 4.0 | 211.8 | 9.6 | 18.5 |
| NDR INVIT Trust | 151.50 | 69.7 | 6,939 | 1.73 | 36.0 | -5.4 | 124.0 | 22.1 | 5.1 |
| Leap India | 142.85 | 107.9 | 6,293 | 0.00 | 24.7 | 30.2 | 203.4 | 19.1 | 8.3 |
| Nirlon | 621.00 | 15.7 | 5,596 | 4.84 | 69.4 | 18.8 | 168.3 | 3.3 | 30.8 |
| Sanghvi Movers | 389.20 | 16.5 | 3,370 | 0.48 | 65.3 | 29.8 | 379.7 | 38.9 | 15.6 |
| Median | 151.50 | 17.1 | 386 | 0.00 | 8.4 | 38.7 | 77.7 | 15.1 | 14.8 |
Competes with: CMS Info Systems Limited, Indiabulls Limited, Inox Green Energy Services Limited, International Gemmological Institute (India) Limited, Leap India Limited, Nesco Limited, Nirlon Limited, Smartworks Coworking Spaces Limited, WeWork India Management Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 127 | 146 | 140 | 167 | 151 | 156 | 208 | 267 | 273 | 210 | 236 | 351 | 380 |
| Expenses | 50 | 58 | 54 | 52 | 76 | 83 | 132 | 161 | 174 | 129 | 150 | 217 | 254 |
| Material Cost | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Change in Inventories | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Purchases of Stock-in-Trade | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Employee Cost | 14 | 18 | 22 | 25 | 29 | 32 | |||||||
| Other Expenses | 147 | 156 | 107 | 125 | 189 | 222 | |||||||
| Operating Profit | 77 | 88 | 86 | 115 | 74 | 73 | 76 | 107 | 100 | 81 | 85 | 134 | 125 |
| OPM % | 60 | 60 | 62 | 69 | 49 | 47 | 37 | 40 | 36 | 38 | 36 | 38 | 33 |
| Other Income | 5 | 6 | 5 | 6 | 20 | 8 | 6 | 7 | 7 | 8 | -3 | 9 | 13 |
| Exceptional items (within Other Income) | 0 | 0 | 0 | -8.39 | 0.50 | 0 | |||||||
| Interest | 5 | 5 | 7 | 7 | 6 | 6 | 6 | 7 | 7 | 7 | 9 | 13 | 13 |
| Depreciation | 31 | 33 | 34 | 32 | 33 | 33 | 31 | 31 | 31 | 31 | 33 | 36 | 39 |
| Profit before tax | 46 | 56 | 50 | 82 | 56 | 42 | 45 | 75 | 68 | 50 | 40 | 95 | 88 |
| Tax % | 26 | 26 | 26 | 25 | 27 | 30 | 26 | 28 | 26 | 27 | 28 | 27 | 26 |
| Net Profit | 34 | 42 | 37 | 61 | 40 | 29 | 33 | 54 | 50 | 36 | 29 | 69 | 65 |
| EPS in Rs | 3.92 | 4.83 | 4.30 | 7.08 | 4.68 | 3.36 | 3.82 | 6.22 | 5.81 | 4.19 | 3.35 | 7.95 | 7.54 |
| Diluted EPS in Rs | 6.22 | 5.80 | 4.19 | 3.35 | 7.95 | 7.54 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|
| Sales | 224 | 335 | 456 | 782 | 1,070 | 1,177 |
| Expenses | 137 | 197 | 199 | 452 | 671 | 751 |
| Material Cost | 0 | 0 | ||||
| Change in Inventories | 0 | 0 | ||||
| Purchases of Stock-in-Trade | 0 | 0 | ||||
| Employee Cost | 46 | 94 | ||||
| Other Expenses | 405 | 577 | ||||
| Operating Profit | 87 | 138 | 257 | 330 | 400 | 426 |
| OPM % | 39 | 41 | 56 | 42 | 37 | 36 |
| Other Income | 29 | 37 | 30 | 41 | 21 | 27 |
| Exceptional items (within Other Income) | 0 | -7.88 | ||||
| Interest | 26 | 17 | 17 | 26 | 37 | 42 |
| Depreciation | 122 | 118 | 121 | 129 | 132 | 139 |
| Profit before tax | -32 | 39 | 149 | 217 | 253 | 272 |
| Tax % | -30 | 26 | 25 | 28 | 27 | |
| Net Profit | -22 | 29 | 112 | 157 | 184 | 199 |
| EPS in Rs | -2.59 | 3.39 | 13 | 18 | 21 | 23 |
| Diluted EPS in Rs | 18 | 21 | ||||
| Dividend Payout % | 0 | 15 | 15 | 11 | 9 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- 37%
- 3 years
- 47%
- TTM
- 30%
Compounded profit growth
- 10 years
- —
- 5 years
- 57%
- 3 years
- 20%
- TTM
- 23%
Stock price CAGR
- 10 years
- 12%
- 5 years
- 32%
- 3 years
- 6%
- 1 year
- 1%
Return on equity
- 10 years
- —
- 5 years
- —
- 3 years
- —
- Last year
- 14%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | |
| Reserves | 725 | 833 | 1,134 | 1,302 | |
| Borrowings | 167 | 183 | 438 | 674 | |
| Other Liabilities | 64 | 96 | 185 | 359 | |
| Minority Interest | 0 | ||||
| Total Liabilities | 964 | 1,121 | 1,765 | 2,343 | |
| Fixed Assets | 769 | 858 | 1,116 | 1,428 | |
| CWIP | 0 | 7 | 18 | 9 | |
| Investments | 30 | 35 | 150 | 87 | |
| Other Assets | 165 | 220 | 482 | 819 | |
| Total Assets | 964 | 1,121 | 1,765 | 2,343 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Cash from Operating Activity | 130 | 257 | 162 | 278 | |
| Cash from Investing Activity | -76 | -237 | -286 | -418 | |
| Cash from Financing Activity | -48 | -15 | 89 | 182 | |
| Net Cash Flow | 6 | 5 | -36 | 42 | |
| Free Cash Flow | 80 | 52 | -75 | -130 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Debtor Days | 86 | 79 | 110 | 92 | |
| Cash Conversion Cycle | 86 | 79 | 110 | 92 | |
| Working Capital Days | 49 | 16 | 21 | 51 | |
| ROCE % | 15 | 16 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
company capacity utilisation %
86.00pct
2026-06-30
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
458inr_cr
2026-03-31
order book, Rs crore
1,250inr_cr
2026-06-30
guarantees / comfort given for promoter, promoter group, directors and KMP
105cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
22.77cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
FY revenue / permanent employees + workers, same basis (calc)
1,52,72,274inr
2026-03-31
News
News and filings about Sanghvi Movers Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Depends on the price of
- diesel
Sells to
- Adani Renewables · crane rental & wind-project heavy lifting
- Ambuja Cements · crane rental & heavy-lifting services
- Bharat Heavy Electricals · crane rental & heavy-lifting services
- Bharat Petroleum Corporation · crane rental & heavy-lifting services
- GE (Wind/Energy) · crane rental & wind-turbine erection services
- Indian Oil Corporation · crane rental & heavy-lifting services
- JSW Steel · crane rental & heavy-lifting services
- Larsen & Toubro · crane rental, heavy lifting & project EPC services
- Reliance Industries · crane rental & heavy-lifting services
- Shree Cement · crane rental & heavy-lifting services
- Suzlon Energy Limited · crane rental & wind-turbine erection services
- UltraTech Cement · crane rental & heavy-lifting services
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Services
- Industry
- Diversified Commercial Services
- Classification
- Services › Diversified Commercial Services
- ISIN
- INE989A01032
Business segments
- Crane hiring and other ancillary services · 69%
- Wind EPC · 28%
- Project EPC · 4%
News impact
Big market events that reach Sanghvi Movers Limited, and how the effect spreads.
No recent market events reach this company.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 14 Aug 2026 | unspecified | ₹2 |
|---|---|---|
| 12 Sep 2025 | unspecified | ₹2 |
| 27 Sep 2024 | split | ₹0 |
| 20 Aug 2024 | unspecified | ₹6 |
| 4 Aug 2023 | unspecified | ₹4 |
| 10 Aug 2022 | unspecified | ₹1 |
| 24 Jul 2017 | unspecified | ₹4 |
| 22 Mar 2016 | interim | ₹3 |
Splits, bonuses & buybacks
- daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016
Insider trades
| Disclosed | Who | Type | Shares | Value ₹ Cr |
|---|---|---|---|---|
| 23 Sep 2026 | Gaurang Desai · KMP | BUY | 500 | 0.00 |
| 17 Sep 2026 | Maithili Rishi Sanghvi · Promoter Group | BUY | 1,05,53,614 | — |
| 17 Sep 2026 | Rishi Sanghvi · Promoter | SELL | 1,05,53,614 | — |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Earnings call · Q1FY273 Aug 2026
- Annual report · 2025-263 Aug 2026
- Results presentation30 Jun 2026
- Earnings call · Q4FY2622 May 2026
- Earnings call · Q3FY269 Feb 2026
- Earnings call · Q2FY2610 Nov 2025
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.