BSECompany Update4d ago · 31 Jul 2026, 03:48 pm
Press Release on the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026
Sanghvi Movers Ltd · 530073
✦ AI Summary▲ PositiveResults
Sanghvi Movers Ltd has announced its unaudited financial results for Q1 FY27, with revenue from operations at ₹380 Cr, a 39% YoY growth, and EBITDA at ₹139 Cr, a 30% YoY growth.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Sanghvi Movers Ltd - 530073 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Attachments (1)
📄pdf
Download →
bd7302b9-4367-407d-a326-02f4359c0720.pdf
View document text
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/26-27/24 July 31, 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 June 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 ended June 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
Q1 FY27 Press Release
Sanghvi Movers Limited Announces Q1 FY27 Results
Q1 FY27 Revenue from Operations at Rs. 380 Cr; 39% YoY growth
Pune, 31st July 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 first quarter ended June 30, 2026.
Financial Results (Consolidated) – Q1 FY27
Particulars (₹ Cr) Q1 FY27 Q4 FY26 Q1 FY26 YoY (%)
Revenue from Operations 380 351 273 39%
EBITDA 139 143 107 30%
PAT 65 69 50 30%
PAT Margin 17% 20% 18%
Key Result Highlights
Q1 FY27 (Consolidated)
• Revenue from operations was ₹380 Cr for Q1 FY27 compared to ₹273 Cr in Q1 FY26, an
increase of 39% YoY
• EBITDA stood at ₹139 Cr for Q1 FY27 compared to ₹107 Cr in Q1 FY26, up by 30% YoY
• PAT stood at ₹65 Cr for Q1 FY27 compared to ₹50 Cr in Q1 FY26, an increase of 30% YoY
• EBITDA margin and PAT Margin stood at 37% and 17% respectively.
Key Business Highlights
• Secured order book for Q1 FY27: Order book increased 19% to ₹1,253 Cr as on 24 Jul'26 from
₹1,053 Cr on 14 May’26 (over 10 weeks), driven by strong contributions from SML and SFRPL,
providing confidence in achieving annual targets.
• Boswana Execution excellence: Achieved successful commissioning of all Botswana cranes
on schedule with seamless execution and repatriated $1.1 Mn to India.
• KSA – EBITDA Positive: Delivered cumulative EBITDA-Positive Performance Across KSA
Operations
• Modernized Corporate Headquarters: Successfully revamped the Head Office to create a
modern, collaborative, and efficient workplace aligned with the Company’s growth ambitions.
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
Commenting on Q1 FY27 performance, Mr. Rishi Sanghvi, Managing Director, Sanghvi
Movers Limited (SML) said, “FY26 marked a pivotal year in Sanghvi Movers’ transformation journey,
driven by strong execution in the core crane rental business and expansion into new growth avenues.
We successfully operationalized our Middle East business, strengthened renewable energy execution
capabilities, and advanced key initiatives under our Elevate 2030 vision. Building on this momentum, Q1
FY27 delivered total income of ₹393 crore, reflecting a robust 40% year-on-year growth. The quarter
closed with a strong order book of ₹1,253 crore, providing healthy revenue visibility and reinforcing
confidence in our growth trajectory.
During Q1 FY27, we secured new orders in Qatar, progressed execution activities in Botswana, and
deployed ₹92 crore of the planned ₹652 crore FY27 capex across India and Saudi Arabia to enhance
fleet capacity and support future growth. As we continue our Elevate 2030 journey, our international
operations are gaining traction across Saudi Arabia and the broader MENA region, while Sangreen Future
Renewables continues to strengthen its presence across the renewable energy value chain. Supported
by a healthy order book, disciplined capital allocation, and operational excellence, we remain well-
positioned to deliver sustainable growth and create long-term shareholder value.”
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.