Sanghvi Movers Limited , the world's fifth-largest crane rental company, has reported a robust financial performance for the half-year ended September 30, 2025. The company's consolidated revenue surged by 57% to ₹483.00 crores, up from ₹307.00 crores in the previous year, showcasing strong growth in its core business.

Financial Highlights

The company achieved a profit after tax of ₹87.00 crores, representing a 24% increase from ₹70.00 crores in H1 FY25. EBITDA stood at ₹195.00 crores with a margin of 40%, indicating strong operational efficiency.

Operational Performance

Sanghvi Movers has shown significant improvements in its operational metrics:

• Average Utilization: Improved to 75%
• Average Yield: 2.08% per month
• Debt-to-Equity Ratio: Maintained at 0.36:1

Strategic Expansion and Investments

The company has made strategic moves to strengthen its market position:

1. Saudi Arabia Expansion: Sanghvi Movers has expanded its operations to Saudi Arabia through a subsidiary, marking its entry into the Middle Eastern market.

2. Capital Expenditure: Planned CapEx of ₹629.00 crores for FY26, with ₹140.00 crores already incurred, indicating growth plans.

3. Order Book: Order book of ₹1,239.00 crores as of October 31, 2025, providing visibility for future revenue.

4. Fleet Strength: Operates with a fleet of over 400 cranes across 40-1600 MT capacities.

5. Investments: ₹192.00 crores invested in mutual fund schemes, generating 7-7.10% returns annually, showcasing cash management.

Market Position and Future Outlook

Sanghvi Movers' position as the world's fifth-largest crane rental company underscores its significant market presence. The company's expansion into Saudi Arabia aligns with its global growth strategy, potentially tapping into the region's construction and infrastructure sectors.

The improved utilization rates and strong order book suggest a positive outlook for the company. However, the capital-intensive nature of the business, as evidenced by the substantial planned CapEx, may impact short-term profitability metrics.

As Sanghvi Movers continues to leverage its market position and expand geographically, it appears well-positioned to capitalize on infrastructure development opportunities both in India and internationally. The company's focus on operational efficiency and strategic investments could drive growth in the coming quarters.

Note: Investors are advised to conduct their own research and consider market risks before making investment decisions.

Sanghvi Movers , a prominent player in the crane rental industry, has reported a robust financial performance for the second quarter of the fiscal year. The company's consolidated results show significant growth in both revenue and profitability, despite a slight decline in margins.

Financial Highlights

Key Takeaways

1. Profit Growth: Sanghvi Movers' consolidated net profit for Q2 FY2026 rose to 363.00 million rupees, marking a significant 24.7% increase from 291.00 million rupees in the same quarter of the previous year.

2. Revenue Surge: The company's revenue showed impressive growth, climbing to 2,090.00 million rupees from 1,560.00 million rupees year-on-year, representing a 33.9% increase.

3. EBITDA Performance: Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) improved to 808.00 million rupees, up from 731.00 million rupees in the previous year, indicating a 10.5% rise.

4. Margin Pressure: Despite the overall growth, the EBITDA margin experienced a decline, dropping to 38.49% from 46.81% in the corresponding quarter last year. This 8.32 percentage point decrease suggests increased operational costs or pricing pressures.

Market Implications

The robust growth in revenue and profit may be viewed positively by investors, potentially reflecting increased demand for Sanghvi Movers' crane rental services. However, the decline in EBITDA margin warrants attention and may prompt questions about cost management and pricing strategies in future investor communications.

Conclusion

Sanghvi Movers' Q2 FY2026 results paint a picture of strong growth, with substantial improvements in revenue and profitability. While the company faces some margin pressure, its overall financial performance demonstrates resilience and effective business expansion in the crane rental sector. Investors and analysts will likely keep a close eye on how the company manages to balance growth with profitability in the coming quarters.

Note: The financial results discussed in this article are based on the consolidated figures for the quarter ended September 30, 2025, as reported by Sanghvi Movers Limited.