Thirty-Seventh Annual Report for the Financial Year 2025-2026, along with the Notice of the Annual General Meeting

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/26-27/28 August 3, 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: Submission of Annual Report Dear Sir/Madam, Pursuant to Regulation 30 and 34 read with Schedule V of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Thirty-Seventh Annual Report for the Financial Year 2025-2026, along with the Notice of the Annual General Meeting. The Notice and Annual Report are available on BSE Limited www.bseindia.com, National Stock Exchange of India Limited www.nseindia.com and on Company’s website www.sanghvicranes.com. You are requested to take the same on record. Thanking you, Yours sincerely, For Sanghvi Movers Limited Vinav Agarwal Company Secretary & Chief Compliance Officer ACS: 40751 Encl.: as above Sanghvi Movers Limited Annual Report 2025-26 Evolving for the Next Chapter. SCALE. DEPTH. DIVERSITY. INTRODUCTION Across the Pages Evolving for the Next 01-56 57-164 Chapter. Corporate Overview Statutory Reports 2 The Year in Numbers 57 Notice 4 About the Company 69 Director’s Report Scale. Depth. Diversity. 8 Journey 94 Management Discussion and Analysis 10 Strengths 104 Report on Corporate Governance A deliberate shift is underway at Sanghvi Movers; 12 Offerings 125 Business Responsibility & Sustainability Report one that redefines how growth is pursued and sustained. 16 Operating Environment With the launch of Elevate 2030, the Company is aligning 22 Message from the MD its scale with structure, and its ambition with a clear 26 Message from the CEO 165-316 execution roadmap. 30 Message from the CFO Financial Statements 34 Elevate 2030 During the year, this shift translated into 36 New Developments clear outcomes. International expansion 38 Key Performance Indicators 165 Standalone into Saudi Arabia extended market access. The carve-out of the renewables 40 Awards and Accolades 245 Consolidated business enabled sharper strategic 42 ESG Performance focus. Concurrently, enhancements in leadership and governance frameworks 44 Environment strengthened execution capability. These 46 Social actions are interconnected, collectively driving a more resilient and 52 Governance institutionalised operating model. 54 Board of Directors Scan this QR code to 55 Leadership Team access the Investor Scale 56 Corporate Information Relations page continues to support complex, multi-sector project execution across geographies. Depth reinforces this through engineering Disclaimer: expertise, process discipline, and safety focus. This document contains statements about expected future events and financials of Sanghvi Movers Limited (‘The Company’), which are forward-looking. By their nature, forward-looking statements require the Company to make assumptions and are subject to inherent risks and Diversity uncertainties. There is a significant risk that the assumptions, predictions, and other forward-looking statements may not prove to be accurate. Readers broadens the business mix across are cautioned not to place undue reliance on forward-looking statements as several factors could cause assumptions, actual future results and events sectors, clients, and emerging to differ materially from those expressed in the forward-looking statements. Accordingly, this document is subject to the disclaimer and qualified in its opportunities. entirety by the assumptions, qualifications and risk factors referred to in the Management Discussion and Analysis section of this Annual Report. Together, they signal a transition towards more structured, sustainable, and future-ready growth. EVOLVING FOR THE NEXT CHAPTER: SCALE. DEPTH. DIVERSITY. Corporate Overview THE YEAR IN NUMBERS Financial KPIs Non-financial KPIs 79.02 ₹1,100 crore % Total Income Average Capacity Utilisation of the Crane Fleet ₹184 crore Profit After Tax (PAT) Total Cranes ₹21.29 2.12 Average Blended Yield per Month ₹1,310 crore ₹3.72 crore Net Worth Total CSR Spend 0.47 Debt-to-Equity Ratio Permanent Employees ₹474 crore Capex 2 Annual Report 2025-26 Sanghvi Movers Limited 3 EVOLVING FOR THE NEXT CHAPTER: SCALE. DEPTH. DIVERSITY. Corporate Overview ABOUT THE COMPANY Asia’s largest World’s 3rd largest crane rental, engineering and heavy lifting solutions provider. Established in 1989, Sanghvi Movers Limited (‘SML’ or ‘the Company’) supports infrastructure and industrial projects across India and international markets, including the Middle East, through its crane rental, engineering and heavy-lift capabilities. The Company delivers integrated lifting and project execution services, enabled by in-house engineering and project planning, Vision Values allowing it to undertake complex assignments across sectors such as renewables, logistics and core industries. Delight the world through sustainable and scalable engineering solutions. Human Dignity Ethics Mission 500 200 Accelerate infrastructure Clients Served Specialised Transport Equipment Agility Trust development by delivering simple, technology-driven and innovative solutions to create maximum value for + our stakeholders. Courage Ownership Cranes in Fleet 44 Annual Report 2025-26 Sanghvi Movers Limited 55 EVOLVING FOR THE NEXT CHAPTER: SCALE. DEPTH. DIVERSITY. Corporate Overview Business Verticals and Subsidiaries Presence The Group operates through distinct yet integrated verticals, enabling SML’s presence across key domestic regions, complemented by subsidiaries in end-to-end heavy-lift, EPC, and logistics solutions across domestic Saudi Arabia and Botswana, strengthens execution capabilities and enables reliable, and international markets. scalable delivery across both Indian and international markets. 15 12 Crane Rental and Logistics for Depots across India States Turnkey Solutions in Heavy Lift Solutions Cranes and Heavy Wind EPC 175 10 (Core Vertical) Machinery Acres + Diverse Sectors of Freehold Land for Crane Parking Presence in the Construction and Energy Sectors The Company’s primary business A focussed vertical driving growth in An integrated logistics vertical vertical, focussed on delivering the renewable energy segment enabling seamless movement of high-capacity crane rentals and through end-to-end EPC execution. heavy equipment and customised heavy lifting solutions industrial machinery. across industries. Gaborone (Botswana) Ghaziabad Parent Company Indian Subsidiary Indian Subsidiary Jamshedpur Delhi Sangreen Future Renewables Sanghvi Movers Sangreen Logistics Private Limited Limited (SML) Private Limited Pali Mundra Global Jamnagar Subsidiaries Bharuch Raigarh Riyadh Pune Cuttack (Saudi Arabia) Vadgaon Nagpur Mumbai Hyderabad Sate Sanghvi Movers Middle Jaora East Limited Satara Anantpur Nellore Gadag Head Office (HO) Regional Office Sanghvi Movers Botswana Proprietary Limited Kaythar Regional Depot Disclaimer: This map is a generalised illustration only for the ease of the reader to understand the locations, and it is not intended to be used for reference purposes. The representation of political boundaries and the names of geographical features/states do not necessarily reflect the actual position. The Company or any of its Directors, officers or employees cannot be held responsible for any misuse or misinterpretation of any information or design thereof. The Company does not warrant or represent any kind of connection with its accuracy or completeness. 6 Annual Report 2025-26 Sanghvi Movers Limited 7 EEVVOOLLVVIINNGG FFOORR TTHHEE NNEEXXTT CCHHAAPPTTEERR:: SSCCAALLEE.. DDEEPPTTHH.. DDIIVVEERRSSIITTYY.. Corporate Overview JOURNEY Journey 1989 1995 1998 across Launched IPO and listed on BSE and NSE Secured first mega order fo [Showing first 8,000 characters — download PDF for full document]