MoneyWorks4Me

Sanghvi Movers Ltd (SANGHVIMOV)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530073 NSE: SANGHVIMOV Construction Vehicles | Small Cap | Sanghvi Movers Share Price

₹430.45 10.85 (2.59%)

As on 18-Sep'26 16:59

Sanghvi Movers Ltd (SANGHVIMOV)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530073 NSE: SANGHVIMOV Construction Vehicles | Small Cap | Sanghvi Movers Share Price

₹430.45 10.85 (2.59%)

As on 18-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹3,727 Cr.
Current Price
₹430.5
52-Week Low / High
₹221 / 532
TTM EPS
₹23
TTM Sales
₹1,177 Cr.
Book Value per Share
₹158.9
P/E Ratio
18.70
Lower than its 5-year historical median
Industry PE
45.7
Price to Book (P/B)
2.71
Higher than its 5-year historical median
Price to Sales (P/S)
3.17
Lower than its 5-year historical median
EV/EBITDA
9.27
Higher than its 5-year historical median
Dividend Yield
0.46%
Profitability Efficiency
Return on Equity (ROE)
15.03%
Outperforms industry median
Return on Capital Employed (ROCE)
16.24%
In line with industry median
Return on Assets (ROA)
8.76%
Operating Profit Margin
37.4%
Net Profit Margin
17.22%
Gross Profit Margin
36.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
24.51%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
21.04%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
17.74%
Asset Quality
Promoter Holding
47.25%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹1,367 Cr.
Equity
₹8.7 Cr.
Face Value
₹1
All Time Low / High
₹0.38 / 741.50

Sanghvi Movers stock performance

Key Ratios
mw4me loader

Check Before You Invest

Valuation

Somewhat Overvalued

Price Trend

Weak
Q.1 Is Sanghvi Movers Ltd a good quality company?
Sanghvi Movers Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Sanghvi Movers Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Sanghvi Movers Ltd vs industry peers?
Sanghvi Movers Ltd revenue CAGR is 47.25%, compared to the industry median CAGR of 14.95%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Sanghvi Movers Ltd?
Promoters hold 47.25% of the Sanghvi Movers Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Sanghvi Movers Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 13.8% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Sanghvi Movers Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 16.4%-2.4%-3.1%1.8%-0.6%6.3%17.2%23.7%14.3%14.5%-
Value Creation
Index
0.2-1.2-1.2-0.9-1.0-0.60.20.80.00.0-

Growth Parameters

Sales 553228282323224335456619541674717
Sales YoY Gr.--58.7%23.6%14.3%-30.7%49.8%36%35.7%-12.5%24.5%-
Adj EPS 12.3-8.1-7.7-1-3.53.11220.512.917.318.3
YoY Gr.--166%NANANANA284.9%70.8%-37%34.3%-
BVPS (₹) 99.591.184.783.981.984.897.2116.9129.1145.5150.2
Adj Net
Profit
106-70.2-66.2-8.8-3026.9104177112150158
Cash Flow from Ops. 311126128163119130257304145256-
Debt/CF from Ops. 1.74.33.51.91.71.30.7132.3-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 2.2%24.7%13.9%24.5%
Adj EPS 3.9%NA13.1%34.3%
BVPS4.3%12.2%14.4%12.7%
Share Price 13.7% 37.7% 7.9% 14.2%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
13.2-8.5-8.7-1.2-4.23.713.219.110.512.612.3
Op. Profit
Mgn %
66.336.631.648.541.741.457.761.653.148.946
Net Profit
Mgn %
19.2-30.8-23.5-2.7-13.4822.728.620.622.222
Debt to
Equity
0.60.70.60.40.30.20.20.30.40.5-
Working Cap
Days
153335205144192145140127231251159
Cash Conv.
Cycle
91234128651039284721049868

Valuation of Sanghvi Movers - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'22Mar'23Mar'25Mar'26
Sales3354567821,070
Operating Expenses + 197199452671
Manufacturing Costs126133340504
Material Costs0000
Employee Cost 25324694
Other Costs 47346572
Operating Profit 138257330400
Operating Profit Margin (%) 41.1%56.4%42.2%37.4%
Other Income + 37304129
Exceptional Items 000-8
Interest 17172637
Depreciation 118121129132
Profit Before Tax 39149217253
Tax 10376069
Profit After Tax 29112157184
PAT Margin (%) 8.8%24.6%20.0%17.2%
Adjusted EPS (₹)3.412.918.121.3
Dividend Payout Ratio (%)14.70%15.50%11.10%9.40%
PARTICULARSMar'22Mar'23Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 7348421,1431,310
Share Capital 9999
Reserves 7258331,1341,302
Debt +12094367582
Long Term Debt12094232495
Short Term Debt0113588
Minority Interest0000
Trade Payables211782130
Others Liabilities 90173223370
Total Liabilities 9641,1271,8142,393

Fixed Assets

Net Fixed Assets +7668551,1141,426
Gross Block1,5631,7592,2092,610
Accumulated Depreciation7979041,0951,184
CWIP 07189
Investments 303515087
Inventories5466
Trade Receivables121140308424
Cash Equivalents 102154129
Others Assets 3263166312
Total Assets 9641,1271,8142,393
PARTICULARSMar'22Mar'23Mar'25Mar'26
Cash Flow From Operating Activity + 130257162278
PBT 39149217253
Adjustment 120115121150
Changes in Working Capital -30-6-124-64
Tax Paid 0-1-52-61
Cash Flow From Investing Activity + -76-237-286-418
Capex -50-205-201-376
Net Investments -26-33-90-49
Others 0157
Cash Flow From Financing Activity + -48-1589182
Net Proceeds from Shares 0000
Net Proceeds from Borrowing 0000
Interest Paid -17-18-17-26
Dividend Paid 0-4-26-17
Others -327132226
Net Cash Flow 65-3642
PARTICULARSMar'22Mar'23Mar'25Mar'26
Ratios
ROE (%)4.0114.2215.7815.03
ROCE (%)6.317.218.6316.24
Asset Turnover Ratio0.350.440.530.51
PAT to CFO Conversion(x)4.482.291.031.51
Working Capital Days
Receivable Days131.90104.70104.50124.80
Inventory Days5.303.702.402.10
Payable Days0000

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Sanghvi Movers Ltd FAQs

The current trading price of Sanghvi Movers on 18-Sep-2026 16:59 is ₹430.4.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 17-Sep-2026 the market cap of Sanghvi Movers stood at ₹3,726.7 Cr

The latest P/E ratio of Sanghvi Movers as of 17-Sep-2026 is 23.58.

The latest P/B ratio of Sanghvi Movers as of 17-Sep-2026 is 2.87.

The 52-week high of Sanghvi Movers is ₹532.4 and the 52-week low is ₹221.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sanghvi Movers is ₹717 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Sanghvi Movers Ltd is a below average quality company.

The key valuation ratios of Sanghvi Movers Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sanghvi Movers Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Sanghvi Movers Ltd

Sanghvi Movers Limited (SML) is the largest crane rental company in India and Asia, and the fifth-largest in the world as ranked by International Cranes (June 2021). Headquartered in Pune, SML was incorporated in 1989 and went through an Initial Public Offering in 1994. The shares of the company are traded on the Bombay Stock Exchange and National Stock Exchange.

 SML is an ISO 9001:2015, ISO 14001:2015 & ISO 45001:2018 certified company. The company has a fleet of many medium to large-sized heavy-duty telescopic and crawler cranes ranging from 20 to 1000 MT across various operational job sites in India.

The company’s fleet is primarily catered for the construction of various industrial plants like Power, Steel, Cement, Fertilizers, Petrochemicals & Refineries, Metros (underground as well as elevated) and Windmill sector. The company also has many High Bed Trailers and lots of multi-axle lines which are being used for the movement of its crane and crane parts from one location to another.

Business area of the company

The company is engaged in the business of providing hydraulic and crawler cranes to various industries in the infrastructure sector.

Milestones

  • 1989: Established by Chandrakant P. Sanghvi.
  • 1995: SML was listed on the BSE and raised Rs 17.50 crore.
  • 1997-98: Deployed a capex of Rs 55 crore to meet requirement of projects: Reliance Petroleum Refinery at Jamnagar and ONGC-Oil field project.
  • 2007: Raised Rs 72 crore of equity on preferential share allotment basis to a well-known Goldpeak Ltd., investment arm of CLSA Private Equity Firm. Fund were deployed towards capex and initiation of debt reduction.
  • 2008: Focused on Wind Energy.
  • 2011: Awarded 7th largest crane company in the world by International Crane Magazine.
  • 2015-18: SML added Rs 815 crore worth of crane fleet in form of growth Capex.
  • 2019: Awarded 6th largest ranking in the world by International Crane Magazine.
  • 2020: Awarded 5th largest ranking in the world by International Crane Magazine.
  • 2021: Awarded 5th largest ranking in the world by International Crane Magazine.
  • 2021: maintained average utilization of 56% despite Covid-19 scenario and significantly reduced its debt by Rs 345 crore in last 3 years.
You have 46 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now