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Sanghvi Movers Ltd. Stock Analysis

Small Cap
Evaluated by 734 users | BSE: 530073 | NSE: SANGHVIMOV |
Miscellaneous
Sanghvi Movers (SML) incorporated in 1989; is a flagship company of the Sanghvi Group. SML is one the largest crane hiring company in India, 3rd largest in Asia. The company is ranked 10th largest in the world by Cranes International.The company owns a fleet of 278 medium to large sized Heavy...

Analysis of Financial Track Record

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.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 10.69%11.25%6.4%1.63%3.23%12.88%11%-2.34%-2.63%1.79%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 361450339244308531553228282323
Y-o-Y Gr. Rt.-24.7%-24.7%-28%26.1%72.2%4.2%-58.7%23.6%14.3%
Adjusted EPS (Rs.) 18.2820.128.86-30.9525.9524.56-16.23-15.3-2.04
Y-o-Y Gr. Rt.-10.1%-56%-133.9%NA2631.6%-5.4%-166.1%NANA
Book Value per Share (Rs.) 124.94144.96153.26149.91151.17174.51198.98182.26169.37167.81
Adjusted Net Profit 79.187.138.3-134.1112106-70.2-66.2-8.9
Net Op. Cash Flow (Rs. Cr.) 207217202208208258311126128163
Debt to Cash Flow from Ops 3.093.232.922.241.62.331.734.273.481.91
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Sanghvi Movers Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -1.2%0.9%-16.4%14.3%
Adjusted EPS -178.4%-216.5%-143.6%NA
Book Value per Share 3.32.1-5.5-0.9
Share Price -0.8% -22.6% -10.7% 23.1%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 15.6614.915.94-1.980.6315.9413.15-8.51-8.7-1.21
Operating Profit Margin (%) 70.8170.0268.3257.2757.9163.3466.2536.5931.6248.54
Net Profit Margin (%) 21.919.3311.3-5.321.3321.1619.22-30.76-23.45-2.74
Debt to Equity 1.181.120.890.720.510.80.620.680.610.43
Working Capital Days 204182270335207132153335205146
Cash Conversion Cycle 119121221275156829123412865
Entity Percentage Holding
Promoters 47.25%
Institutions 3.65%
Non-Institutions 49.10%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Sanghvi Movers Ltd.'s performance infers:

Sanghvi Movers Ltd. earnings have declined by -216.5%, whereas share price has depreciated -22.6% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Sanghvi Movers Ltd. share prices over the last 10 years. Here is what we found out:

Sanghvi Movers Ltd. share price has depreciated -5.3% annually over the past ten years.

Sanghvi Movers (SML) incorporated in 1989; is a flagship company of the Sanghvi Group. SML is one the largest crane hiring company in India, 3rd largest in Asia.

The company is ranked 10th largest in the world by Cranes International.

The company owns a fleet of 278 medium to large sized Heavy Duty Hydraulic and crawler cranes with capacity ranging from 20 tons to 800 tons.

SMl

Sanghvi Movers (SML) incorporated in 1989; is a flagship company of the Sanghvi Group. SML is one the largest crane hiring company in India, 3rd largest in Asia.

The company is ranked 10th largest in the world by Cranes International.

The company owns a fleet of 278 medium to large sized Heavy Duty Hydraulic and crawler cranes with capacity ranging from 20 tons to 800 tons.

SMl has service network at various depots located in Pune, Vadgaon, Chakan, Nagpur, Jamnagar, Bharuch, Delhi, Cuttack, Bangalore, Chennai and others.

The company caters various sectors such as wind power, steel, power, refinery, cement, metals, construction and paper.

It is has clientele namely Suzlon, L & T ECC, Vedanta Group, Inox India, Hyundai, Shapoorji & Pallonji, Reliance, Welspun, Tata Chemicals, GE Power, Tata steel, ACC, Rolls Royce, ONGC, ISPAT are among others.

Achievements

The company was acknowledged as “Fastest Growing equipment- Rental Company” at Construction World-Nicmar Award 2007.

SML was awarded certificate for inclusion in International Cranes and Specialised Transport IC50 listing.

Outlook

The company is planning to invest Rs 500 crore over the next two years for acquiring cranes of various tonnages. In first year the company plans to increase the fleet size from 278 cranes to 329 cranes in crawler and hydraulic segments.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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