Sanghvi Movers FY26 PAT rises 17.7% to ₹184 Cr
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.

*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?
























