On 6 Nov 2026, Sanghvi Movers was priced at ₹373.35, or 15.9× trailing earnings, against an industry P/E of 15.9×, and the shares are 29% below their 52-week high. It earns ROCE of 15% and ROE of 15%, and sales and net profit grew 33% and 18% a year over 3 years. Its dividend yield is 0.6%, and debt is 0.51× equity. It is a small-cap company with a market cap of ₹3,232 Cr, ranked 2nd of 8 Rental & Leasing Services companies by market cap; the shares fell 4.2% over the past year.
- ₹370.00
- ₹383.50
- ₹355.30
- ₹378.85
- 7.2 L
Health check
- ReturnsAhead
−4.2% over a year, better than 5 of 7 peers.
- Price tagIn line
P/E 15.9 vs industry 15.9.
- GrowthSteady
Sales +32.9%, profit +18.0% a year over 3 years.
- ProfitabilityAverage
ROCE 15.2% vs peer median 17.9%.
- Balance sheetFair
Debt 0.51× equity, interest covered 12.7×.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹3,232 Cr
- Small cap
- P/E
- 15.9
- Industry 15.9
- Price to book
- 2.47
- Peers 2.61
- Dividend yield
- 0.63%
- ROE
- 15.0%
- Peers 16.7%
- ROCE
- 15.2%
- Peers 17.9%
- Debt to equity
- 0.51
- Debt ₹674 Cr
- EPS (TTM)
- ₹23.50
- Face value ₹1
- OPM (TTM)
- 34.7%
- Net margin 16.9%
- Sales growth
- +31.9%
- Latest quarter vs a year ago
- Profit growth
- +11.2%
- Latest quarter vs a year ago
- Price to sales
- 2.75
- EV/EBITDA 7.7
Strengths and risks
Strengths
- Quarterly sales up 31.9% on a year ago.
- Positive operating cash flow in each of the last 4 years.
About Sanghvi Movers
Sanghvi Movers Limited, together with its subsidiaries, operates as a crane rental company in India. It operates through Crane Hiring and Ancillary Services; Wind EPC; and Project EPC segment. The Crane Hiring and Other Ancillary Services segment includes crane rental services, including mobilization and demobilization. The Wind EPC segment includes logistics, intercarting, installation, and commissioning of wind turbine components. The Project EPC…
- Headquarters
- Pune
- Employees
- 441
- Sector
- Industrials
- ISIN
- INE989A01032
- Website
- sanghvicranes.com
Price range
- Avg volume (3M)
- 5.5 L
- 1-year return
- minus 4.2%
- From 52-week high
- minus 29.3%
Peers · Rental & Leasing Services
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| RENTOMOJORentomojo | 579.35 | minus 1.20% | 6,032 | 57.8 | 37.6 | 21.1% | 22.6% | 0.79 | 45.4% | plus 9.8% |
| SANGHVIMOVSanghvi Movers | 373.35 | minus 1.45% | 3,232 | 15.9 | – | – | 36.2% | 0.51 | – | minus 4.2% |
| AWFISAwfis Space Solutions | 280.95 | plus 3.81% | 2,011 | 23.8 | 6.1 | 13.4% | 37.0% | 2.72 | 39.9% | minus 54.5% |
| ECOSMOBLTYEcos (India) Mobility & Hospitality | 115.78 | minus 2.28% | 695 | 11.8 | 6.0 | 27.7% | 11.2% | 0.03 | 24.2% | minus 42.2% |
| CROWNCrown Lifters | 108.97 | minus 0.69% | 126 | 14.9 | 7.6 | 12.4% | 53.3% | 0.75 | 27.2% | minus 22.9% |
| AUTOINTAutoriders International | 242.00 | minus 1.93% | 84 | 10.1 | 4.0 | 17.9% | 27.3% | 0.57 | 12.5% | minus 70.9% |
| STARLOGStarlog Enterprises | 40.49 | minus 0.98% | 61 | – | – | −12.9% | −57.5% | 0.01 | −40.5% | minus 22.5% |
| SEEMAXSeemax Resources | 119.53 | plus 5.00% | 53 | 30.1 | 18.4 | 28.1% | −11.8% | 1.64 | 6.8% | plus 6.2% |
| Median of 7 peers | – | −0.98% | 126 | 19.4 | 6.9 | 17.9% | 22.6% | 0.75 | 24.2% | −22.9% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 210 | 236 | 351 | 380 | 277 | |
| 129 | 150 | 217 | 254 | 190 | |
| 80.8 | 85.3 | 134 | 125 | 86.8 | |
| 38.5% | 36.2% | 38.2% | 33.0% | 31.3% | |
| 5.4 | 4.9 | 8.4 | 9.2 | 19.2 | |
| 7.4 | 9.3 | 12.6 | 12.7 | 14.8 | |
| 31.3 | 33.3 | 35.7 | 38.6 | 37.2 | |
| 2.2 | −7.5 | 0.5 | 4.3 | – | |
| 49.8 | 40.1 | 94.8 | 87.6 | 54.1 | |
| 27.2% | 27.7% | 27.4% | 25.5% | 25.4% | |
| 36.3 | 29 | 68.8 | 65.3 | 40.3 | |
| 4.19 | 3.35 | 7.95 | 7.54 | 4.66 |
Profit & loss
- Sales CAGR 3Y
- +32.9%
- Profit CAGR 3Y
- +18.0%
- EPS CAGR 3Y
- +18.0%
- ROE
- 15.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 456 | 619 | 782 | 1,070 | |
| – | +35.7% | +26.4% | +36.9% | |
| 185 | 230 | 448 | 667 | |
| 271 | 389 | 334 | 403 | |
| 59.5% | 62.9% | 42.7% | 37.7% | |
| −7 | 2.9 | 3 | 5.5 | |
| 14.5 | 23 | 23.9 | 31.8 | |
| 121 | 132 | 129 | 132 | |
| 20.3 | 15.5 | 31.9 | 7.8 | |
| 149 | 252 | 217 | 253 | |
| 24.8% | 25.5% | 27.8% | 27.1% | |
| 112 | 188 | 157 | 184 | |
| – | +67.7% | minus 16.7% | +17.7% | |
| 12.94 | 21.71 | 18.08 | 21.29 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 8.7 | 8.7 | 8.7 | 8.7 | |
| 833 | 1,003 | 1,134 | 1,302 | |
| 183 | 292 | 438 | 674 | |
| 96.2 | 120 | 185 | 359 | |
| 1,121 | 1,424 | 1,765 | 2,343 | |
| 867 | 1,024 | 1,136 | 1,434 | |
| 12.1 | 17.5 | 27.1 | 12.7 | |
| 1.4 | 7.7 | 23 | 41.3 | |
| 71.2 | 122 | 217 | 295 | |
| 169 | 253 | 362 | 560 | |
| 1,121 | 1,424 | 1,765 | 2,343 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 257 | 304 | 162 | 278 | |
| −237 | −346 | −286 | −418 | |
| −15.2 | 68.1 | 89.1 | 182 | |
| 5.1 | 27.1 | −35.6 | 42 | |
| −232 | −324 | −237 | −408 | |
| 25.2 | −19.9 | −75.3 | −129 | |
| −4.3 | −17.3 | −26 | −17.3 |
Shareholding pattern
- Promoters47.25%
- Public52.75%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 47.25% | 52.75% | 0.00 | |
| 30 Jun 2026 | 47.25% | 52.75% | 0.00 | |
| 31 Mar 2026 | 47.25% | 52.75% | 0.00 | |
| 31 Dec 2025 | 47.25% | 52.75% | 0.00 | |
| 30 Sep 2025 | 47.25% | 52.75% | – |
Major shareholders
Filings & events
News
No recent news coverage found.