Press Release

SANGHVI MOVERS LIMITED Regd. Office: Survey No. 92, Tathawade, Taluka - Mulshi, Pune, Maharashtra - 411033, INDIA. Tel. : 020-66744700, 020-27400700 E-mail : sanghvi@sanghvicranes.com Web : www.sanghvicranes.com CIN No.: L29150PN1989PLC054143 REF: SML/SEC/SE/26-27/51 November 02, 2026 To, To, The Manager, The Manager, Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Scrip Code: 530073 Symbol: SANGHVIMOV Subject: Press Release - Unaudited Financial Results (Standalone and Consolidated) for the quarter ended September 30, 2026 Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the press release on the unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended September 30, 2026. The above is for your information and record. Thanking you, Yours sincerely, For Sanghvi Movers Limited Vinav Agarwal Company Secretary & Chief Compliance Officer ACS: 40751 Encl: As above SANGHVI MOVERS LIMITED Regd. Office: Survey No. 92, Tathawade, Taluka - Mulshi, Pune, Maharashtra - 411033, INDIA. Tel. : 020-66744700, 020-27400700 E-mail : sanghvi@sanghvicranes.com Web : www.sanghvicranes.com CIN No.: L29150PN1989PLC054143 Q2 & H1 FY27 Press Release Sanghvi Movers Limited Announces Q2 & H1 FY27 Results Q2 FY27 Revenue from Operations at Rs. 277 Cr; 32% YoY growth Pune, 2nd November 2026: Sanghvi Movers Limited (SANGHVIMOV), World’s third largest and India’s largest crane rental company, and a leading integrated player across heavy lift, material handling, and E&C services, today announced its financial performance for the quarter and half year ended September 30, 2026. Financial Results (Consolidated) – Q2 & H1 FY27 Particulars (₹ Cr) Q2 FY27 Q2 FY26 YoY H1 FY27 H1 FY26 YoY Revenue from Operations 277 210 32% 657 483 36% EBITDA 106 88 20% 245 195 25% EBITDA Margin 36% 41% 36% 39% PAT 40 36 11% 106 87 22% PAT Margin 14% 17% 15% 17% Key Result Highlights Q2 FY27 (Consolidated) • Revenue from operations was ₹277 Cr for Q2 FY27 compared to ₹210 Cr in Q2 FY26, an increase of 32% YoY • EBITDA stood at ₹106 Cr for Q2 FY27 compared to ₹88 Cr in Q2 FY26, up by 20% YoY • PAT stood at ₹40 Cr for Q2 FY27 compared to ₹36 Cr in Q2 FY26, an increase of 11% YoY • EBITDA margin and PAT Margin stood at 36% and 14% respectively. H1 FY27 (Consolidated) • Revenue from operations was ₹657 Cr for H1 FY27 compared to ₹483 Cr in H1 FY26, an increase of 36% YoY • EBITDA stood at ₹245 Cr for H1 FY27 compared to ₹195 Cr in H1 FY26, up by 25% YoY • PAT stood at ₹106 Cr for H1 FY27 compared to ₹87 Cr in H1 FY26, an increase of 22% YoY • EBITDA margin for half year grew to 36% & PAT margin stood at 15%. Key Business Highlights • Secured order book for Q2 FY27: Order book increased 26% to ₹1,582 Cr as on 23 Oct'26 from ₹1,253 Cr on 24 July’26 (over 13 weeks), driven by strong contributions from SML and SFRPL, providing confidence in achieving annual targets. SANGHVI MOVERS LIMITED Regd. Office: Survey No. 92, Tathawade, Taluka - Mulshi, Pune, Maharashtra - 411033, INDIA. Tel. : 020-66744700, 020-27400700 E-mail : sanghvi@sanghvicranes.com Web : www.sanghvicranes.com CIN No.: L29150PN1989PLC054143 • Strategic Expansion into Africa: Currently evaluating opportunities across key African markets to develop next frontier markets for new growth opportunities. • KSA – Delay in Capex: Supply-chain disruptions may delay crane deployment; phased procurement and contracted-order prioritization mitigate the impact • Software Implementation: Salesforce (Customer Relationship Management), HRMS (Workforce Management), and NEXXS AI (AI Powered Automation for internal purposes). Commenting on Q2 & H1 FY27 performance, Mr. Rishi Sanghvi, Managing Director, Sanghvi Movers Limited (SML) said, “We delivered a strong quarter, with revenue growing 32% YoY to ₹277 crore and a robust EBITDA margin of 36%, reflecting strong execution, operational discipline, and customer focus. Our FY27 order book grew by 26% to ₹1,582 crore as of 23 October 2026, from ₹1,253 crore on 24 July 2026 (in 13 weeks), driven by healthy demand across all verticals. This provides strong revenue visibility and reinforces our confidence in achieving our annual targets. In the Middle East, geopolitical and shipping related disruptions have delayed planned capex deployment. Notwithstanding the same, our utilisation levels remain above our annual targets indicating that the impact is more timing-related rather than structural. Phased procurement aligned with order inflows, high fleet utilisation, positive quarterly EBITDA and a strong project pipeline provide meaningful mitigation against short-term disruptions. With a healthy demand outlook, growing order book, and disciplined capital allocation, we remain focused on executing our ELEVATE 2030 growth plans and creating sustainable value for all stakeholders.” About Sanghvi Movers Limited: Sanghvi Movers Limited (NSE: SANGHVIMOV) is the world’s 3rd largest and India’s largest crane rental company, providing heavy-lift, material handling, and project logistics solutions across sectors such as renewable wind energy, infrastructure, power, steel, cement, petrochemicals, and construction. The company operates a fleet of 500+ cranes (Including KSA) with capacities ranging from 20 MT to 1,600 MT and offers end-to-end lifting solutions, including erection, installation, and maintenance services. Headquartered in Pune, Sanghvi Movers has a strong domestic and international presence, with operations in India as well as overseas markets including Saudi Arabia and Botswana. The company is widely recognized for its strong focus on safety, reliability, and engineering excellence. In addition to crane rental, the Sanghvi Group derives a significant portion of its revenue from the renewables segment. Sangreen Future Renewable Private Limited and Sangreen Logistics Private Limited are key contributors to this segment and form an integral part of the Group’s renewable energy operations. For details please contact: Company Secretary Sanghvi Movers Limited E: sml.cs@sanghviglobal.com Disclaimer: This press release may contain certain forward-looking statements. Any forward-looking statement applies only on the date of this press release. By their nature, forward-looking statements are subject to a number of known and unknown risks and uncertainties that may or may not occur in the future and as a result of which the actual results and performance may differ substantially from the expected future results or performance expressed or implied in the forward-looking statements. No warranties or representations are made as to the accuracy, achievement, or reasonableness of such statements, estimates or projections, and Sanghvi Movers Limited has no obligation to update any such information or to correct any inaccuracies herein or omission here from which may become apparent.