Sanghvi Movers Limited reported full-year revenue of ₹1,070 crore for FY26, marking a 36.9% year-on-year increase as the crane rental firm crossed the ₹1,000 crore revenue threshold for the first time.

The 37th Annual General Meeting (AGM) was held on August 24, 2026, where management outlined the company’s performance under its "Elevate 2030" strategic framework. The Board recommended a final dividend of ₹2.00 per equity share for the financial year ended March 31, 2026.

Financial Performance

Sanghvi Movers delivered strong top-line growth alongside robust profitability metrics during FY26. Profit after tax stood at ₹184 crore, reflecting a 17.7% increase from the previous year. The company recorded an EBITDA of ₹429 crore, translating to an EBITDA margin of 40.1%.

Operational Highlights

The domestic crane hiring business contributed significantly to the growth trajectory, recording a 35% expansion during the year. Fleet utilisation improved to 79%, up from 73% in the prior period, indicating better asset deployment efficiency.

Capital expenditure for the year totalled ₹474 crore, supporting investments in both India and Saudi Arabia. The Saudi Arabian subsidiary achieved monthly EBITDA profitability, signalling operational maturity in the international segment.

Balance Sheet and Order Book

The company maintained a conservative balance sheet with a net worth of ₹1,310 crore. The net debt-to-equity ratio stood at 0.47, reflecting disciplined leverage management amidst aggressive capital deployment.

Management highlighted a secured order book of approximately ₹1,250 crore, providing strong revenue visibility for the current financial year. The group continues to pursue a two-engine growth model comprising asset-heavy crane rental and asset-light renewable energy engineering businesses.

What the Numbers Show

The divergence between revenue growth (36.9%) and profit after tax growth (17.7%) suggests that while top-line expansion is robust, bottom-line accretion is moderating relative to sales volume. This may reflect the impact of higher capital expenditure (₹474 crore) and potential margin compression or increased operating costs associated with international expansion and fleet augmentation.

Sanghvi Movers will host a virtual meeting with Fidelity International on August 28, 2026. The session is scheduled as a one-on-one interaction to discuss the company's general business outlook.

The management team will engage with the institutional investor in a virtual format. This interaction is part of the company's regular engagement schedule with analysts and investors.

Meeting Details

The session is structured as a direct dialogue between the company's leadership and the investment firm. The specific agenda focuses on broader strategic directions and market positioning.

Regulatory Disclosure

The company made this disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates timely disclosure of material events to stock exchanges.

The filing explicitly states that no unpublished price-sensitive information (UPSI) will be shared during the interaction. All discussions will be based on information already available in the public domain.

Vinav Agarwal, Company Secretary and Chief Compliance Officer, signed the intimation letter dated August 24, 2026. The notice was filed with both the BSE Limited and the National Stock Exchange of India Limited.

The schedule remains subject to change due to exigencies on the part of either the investors or the company. Further details are available on the company's official website.