Sanghvi Movers Limited (SANGHVIMOV) AI Stock Analysis

• Market Cap: ₹33.01B
• Dividend Yield: 0.52%
• Average Volume (3M): 103.80K
• Price to Earnings (P/E): 19.6
• Beta (1Y): 2.04
• Revenue Growth: 45.23%
• EPS Growth: -10.94%
• Country: IN
• Employees: 330
• Sector: Industrials
• Sector Strength: 72
• Industry: Rental & Leasing Services
• EPS (TTM): 5.80
• Shares Outstanding: 86,576,000
• 10 Day Avg. Volume: 156,615
• 30 Day Avg. Volume: 103,797
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹400.00
• Price Target Upside: 4.90% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 72 Outperform
• Price Target: ₹400.00 ▲(4.90% Upside)

Sanghvi Movers Limited benefits from strong technical momentum and robust revenue growth, which are the most significant factors driving the score. However, increased leverage and negative free cash flow present risks. The valuation is moderate, with a reasonable P/E ratio but low dividend yield.

Sanghvi Movers Limited Business Overview & Revenue Model

Company Description

Sanghvi Movers Limited operates as a crane rental company in India. The company provides heavy lift, plant erection, and maintenance services to various large-scale projects. It operates a fleet of 387 medium to large size hydraulic truck mounted telescopic and lattice boom cranes, and crawler cranes. The company's equipment includes crawler mounted cranes with lattice boom; truck mounted cranes with telescopic boom; truck mounted cranes with lattice boom; hydraulic multi axle modular trailers; and forklifts and carries. Its cranes are used in the erection of power plants, refineries and petro-chemicals, windmills, steel and cement plants, fertilizer plants, windmill erections, and metro projects, as well as construction applications, such as heavy lifting and maintenance services. Sanghvi Movers Limited was incorporated in 1989 and is headquartered in Pune, India.

How the Company Makes Money

Sanghvi Movers Limited generates revenue primarily through the rental of its extensive fleet of cranes to various industries. The company's key revenue streams include long-term and short-term rental contracts, which are often project-specific and tailored to the complex requirements of its clients. Additionally, the company may offer value-added services such as logistics planning, site assessment, and operational support to enhance its service offerings. Significant partnerships with construction firms, renewable energy companies, and infrastructure developers also contribute to the company's earnings by securing ongoing and large-scale projects. The company's financial performance is closely tied to the demand for infrastructure development and industrial expansion in India, which drives the need for heavy-lift and logistics solutions.

Sanghvi Movers Limited Financial Statement Overview

Summary

Sanghvi Movers Limited demonstrates strong revenue growth and improved operational margins, indicating a robust business model. However, the balance sheet shows increased leverage, and cash flows reflect a strategic investment phase that could challenge liquidity if not managed prudently.

Income Statement

Sanghvi Movers Limited has shown strong revenue growth over the past few years. The revenue grew from 45.58 billion INR in 2023 to 82.29 billion INR in 2025, indicating a positive trajectory. The gross profit margin and EBIT margin have also improved significantly, reflecting enhanced operational efficiency. However, the net profit margin has seen fluctuations, with a slight decline in the most recent year, which may suggest cost pressures or other financial challenges impacting net profitability.

Balance Sheet

The company's balance sheet reflects a stable financial position with a healthy equity ratio and improving return on equity. The debt-to-equity ratio remains manageable, although there has been a noticeable increase in total debt over the years. The growth in stockholders' equity indicates the company's ability to reinvest and grow its asset base. However, the increase in debt could pose a risk if not managed carefully.

Cash Flow

Sanghvi Movers has demonstrated variability in its cash flow generation. The operating cash flow remains strong, but the free cash flow has been negative in recent years primarily due to significant capital expenditures. This suggests an aggressive investment strategy, which could lead to future growth but also demands careful cash management to ensure liquidity.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2023	Dec 2021	Dec 2020
Income Statement
Total Revenue	7.82B	8.23B	4.56B	6.19B	3.35B	3.22B
Gross Profit	5.70B	3.71B	1.70B	2.87B	2.95B	504.18M
EBITDA	3.66B	3.71B	2.87B	4.09B	1.75B	1.58B
Net Income	1.57B	1.57B	1.12B	1.88B	294.05M	-66.03M
Balance Sheet
Total Assets	17.65B	17.65B	11.21B	14.24B	9.64B	10.92B
Cash, Cash Equivalents and Short-Term Investments	2.04B	2.04B	711.57M	1.52B	399.15M	33.59M
Total Debt	4.38B	4.38B	1.83B	2.92B	1.67B	3.12B
Total Liabilities	6.23B	6.23B	2.79B	4.12B	2.30B	3.66B
Stockholders Equity	11.43B	11.43B	8.42B	10.12B	7.34B	7.26B
Cash Flow
Free Cash Flow	0.00	-753.27M	251.86M	-199.35M	720.27M	1.62B
Operating Cash Flow	0.00	1.62B	2.57B	3.04B	1.30B	1.63B
Investing Cash Flow	0.00	-2.86B	-2.37B	-3.46B	-755.18M	93.57M
Financing Cash Flow	0.00	890.69M	-151.86M	681.13M	-483.13M	-1.74B

Sanghvi Movers Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 381.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SANGHVIMOV, the sentiment is Positive. The current price of 381.3 is above the 20-day moving average (MA) of 348.72, above the 50-day MA of 311.74, and above the 200-day MA of 285.81, indicating a bullish trend. The MACD of 19.83 indicates Negative momentum. The RSI at 68.99 is Neutral, neither overbought nor oversold. The STOCH value of 77.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SANGHVIMOV.

Sanghvi Movers Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ACE	76 Outperform	136.61B	32.30	25.34%	0.17%	8.29%	22.68%
KNRCON	74 Outperform	59.02B	6.02	22.06%	0.12%	-2.17%	17.20%
SANGHVIMOV	72 Outperform	₹33.01B	19.63		0.52%	45.23%	-10.94%
KEC	69 Neutral	230.52B	37.78	10.67%	0.63%	10.78%	50.46%
SIMPLEXINF	53 Neutral	24.47B	71.04	2.21%	―	-20.46%	-63.50%
HCC	50 Neutral	52.11B	30.98	12.44%	―	-29.25%	-66.38%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Sanghvi Movers Limited Corporate Events

Sanghvi Movers Limited Announces Q2 Financial Results and Key Management Changes

Sanghvi Movers Limited announced its financial results for the quarter ended June 30, 2025, and revealed significant management changes. The company appointed Mr. Pradeep Mehta as the new Chief Financial Officer and Mr. Vinav Agarwal as the Company Secretary and Chief Compliance Officer, following the resignations of their predecessors. Additionally, Mr. Mohammed Almanaseer was appointed as Managing Director of Sanghvi Movers Middle East Limited, a wholly-owned subsidiary. These changes are expected to impact the company’s strategic direction and operations, potentially influencing its market positioning and stakeholder relations.

Sanghvi Movers Limited Announces Key Management Changes and Financial Results

Sanghvi Movers Limited announced key management changes, including the appointment of Mr. Pradeep Mehta as the Chief Financial Officer and Mr. Vinav Agarwal as the Company Secretary and Chief Compliance Officer. Additionally, Mr. Mohammed Almanaseer was appointed as Managing Director of Sanghvi Movers Middle East Limited, a wholly-owned subsidiary. These changes, along with the approval of the company’s financial results for the quarter ended June 30, 2025, are expected to strengthen the company’s leadership and operational focus, potentially impacting its market positioning positively.

Sanghvi Movers Limited Announces Key Leadership Changes

Sanghvi Movers Limited announced significant leadership changes, including the appointment of Mr. Mohammed Almanaseer as Managing Director of its Middle East subsidiary. The company also reported the resignation of key personnel and subsequent appointments, with Mr. Pradeep Mehta as the new CFO and Mr. Vinav Agarwal as the Company Secretary and Chief Compliance Officer. These changes are part of the company’s strategic efforts to strengthen its management team and enhance its operational efficiency.