Sanghvi Movers FY26 PAT rises 17.7% to ₹184 Cr

2 min read     Updated on 27 May 2026, 11:37 AM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Sanghvi Movers reported a FY26 PAT of ₹184 crore, a 17.7% YoY increase, with Q4 PAT at ₹69 crore. Revenue grew 36.9% to ₹1,070 crore.

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Sanghvi Movers has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a consolidated net profit of ₹184 crore for the full fiscal year FY26, compared to ₹157 crore in the previous year, marking a 17.7% year-on-year increase. For the fourth quarter, net profit stood at ₹69 crore, up from ₹54 crore in the same period last year. Revenue from operations for Q4 FY26 reached ₹351 crore, a 31.4% increase from ₹267 crore in Q4 FY25. The Board of Directors approved the results in a meeting held on May 20, 2026. Following the announcement, the company held an earnings conference call on May 22, 2026, the audio recording of which is now available at the company's website.

Q4 & FY26 Financial Performance

The company's performance reflects growth across key financial metrics. The table below summarises the consolidated results for the quarter and full year:

Particulars (₹ Cr) Q4 FY26 Q4 FY25 YoY (%) FY26 FY25 YoY (%)
Revenue from Operations 351 267 31.4% 1,070 782 36.9%
EBITDA 143 113 25.7% 429 371 15.6%
PAT 69 54 27.8% 184 157 17.7%
PAT Margin 19.6% 20.1% 17.2% 20.0%

For the full fiscal year, total income reached ₹1,100 crore, a growth of 33.6% on a year-on-year basis. The EBITDA margin for FY26 stood at 40.1%, while the PAT margin was recorded at 17.2%.

Strategic Updates

Sanghvi Movers highlighted a secured order book for FY27 of ₹1,053 crore as of May 14, 2026, demonstrating progress toward annual targets. The company successfully commissioned all cranes in Botswana on schedule, showcasing execution excellence. Additionally, it received multiple client safety excellence awards for outstanding HSE performance. Operational efficiency in India improved, reaching 79% utilization and a 2.12% yield in FY26.

Management Commentary

Commenting on the performance, Mr. Rishi Sanghvi, Managing Director, noted that FY26 was a year of resilient performance amid a challenging global landscape. He stated that the company delivered its highest ever total income and is advancing its long-term transformation under ELEVATE 2030. The focus remains on international expansion, specifically in Saudi Arabia and the broader MENA corridor, alongside cost optimization and prudent capital allocation.

Board Decisions

The Board of Directors recommended a final dividend of ₹2.00 per equity share of face value ₹1 each for the financial year ended March 31, 2026. This dividend is subject to the approval of shareholders at the ensuing Annual General Meeting. Additionally, the Board approved the re-appointment of MSKA & Associates LLP as Statutory Auditors for a second term of five consecutive years, effective from the conclusion of the 37th AGM until the conclusion of the 42nd AGM to be held in the Financial Year 2030-31.

Historical Stock Returns for Sanghvi Movers

1 Day5 Days1 Month6 Months1 Year5 Years
-1.34%+3.34%+9.64%+23.01%+25.12%+316.82%

What specific revenue contribution is expected from the planned expansion into Saudi Arabia and the MENA corridor in FY27?

How will the company sustain EBITDA margins given the dip in PAT margins despite strong revenue growth?

What are the capital expenditure requirements for the ELEVATE 2030 transformation strategy over the next two years?

Sanghvi Movers Launches Second Phase of 100-Day Saksham Niveshak Campaign for KYC Updates and Dividend Claims

2 min read     Updated on 17 Apr 2026, 12:36 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Sanghvi Movers Limited has launched the second phase of its "Saksham Niveshak - 100 Days Campaign" from April 01 to July 09, 2026, following Ministry of Corporate Affairs directions. The campaign encourages shareholders to update KYC details and claim unclaimed dividends before IEPF transfer. Shareholders must submit required forms through MUFG Intime India Private Limited via post, email, or online platforms to ensure compliance with SEBI regulations and avoid folio freezing.

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Sanghvi movers Limited has announced the launch of the second phase of its "Saksham Niveshak - 100 Days Campaign" to help shareholders update their KYC details and claim unclaimed dividends. The campaign, running from April 01, 2026 to July 09, 2026, follows directions from the Ministry of Corporate Affairs dated March 27, 2026.

Campaign Objectives and Timeline

The 100-day initiative aims to create awareness among shareholders and facilitate resolution of pending issues before dividends and shares are transferred to the Investor Education and Protection Fund (IEPF). The campaign addresses critical shareholder requirements mandated by regulatory authorities.

Parameter: Details
Campaign Duration: April 01, 2026 to July 09, 2026
Campaign Name: Saksham Niveshak - 100 Days Campaign
Phase: Second Phase
Regulatory Authority: Ministry of Corporate Affairs (MCA)

Key Focus Areas

The campaign encourages shareholders to take action on several critical areas:

  • KYC Updates: Mandatory updating of PAN, KYC, nomination, bank details, and contact information
  • Unclaimed Dividends: Filing claims for unpaid or unclaimed dividends before IEPF transfer
  • Share Claims: Recovery of shares already transferred to IEPF
  • Demat Account Linking: Ensuring proper linkage where applicable

Regulatory Compliance Requirements

Pursuant to SEBI circulars dated May 17, 2023 and December 16, 2021, it is mandatory for all investors to update their details to avoid freezing of folios and ensure seamless processing of corporate benefits. The company has emphasized that dividends are payable only in electronic mode, requiring direct bank account credits.

Required Documentation and Process

Shareholders must submit specific forms through the Registrar and Share Transfer Agent - MUFG Intime India Private Limited:

Form Type: Purpose
Form ISR-1: KYC document updates with self-attested documents
Form ISR-2: Bank detail updates with banker's attestation
Form SH-13: Adding nominee details
Form ISR-3: Opting out of nomination

Submission Methods

Shareholders can submit required documents through multiple channels:

  • Physical Submission: Post self-attested copies to MUFG Intime India Private Limited, Pune office
  • Email Submission: Send digitally signed documents from registered email ID to pune@in.mpms.mufg.com
  • Online Upload: Use the website www.mpms.mufg.com for document submission

Additional Resources

Shareholders can access detailed information about unclaimed dividends and shares transferred to IEPF on the company's website at www.sanghvicranes.com under the Investor Information section. For IEPF claim procedures, shareholders are directed to visit www.iepf.gov.in . Those holding dematerialized shares should contact their Depository Participants for detail updates.

Historical Stock Returns for Sanghvi Movers

1 Day5 Days1 Month6 Months1 Year5 Years
-1.34%+3.34%+9.64%+23.01%+25.12%+316.82%

How might the success rate of this second phase campaign compare to the first phase in terms of shareholder participation and KYC compliance?

What potential impact could widespread non-compliance with KYC updates have on Sanghvi Movers' dividend distribution costs and administrative burden?

Will other listed companies likely adopt similar structured campaigns following Sanghvi's approach to address SEBI's mandatory compliance requirements?

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1 Year Returns:+25.12%