Sanghvi Movers Ltd

Sanghvi Movers Limited announced that shareholders approved the reappointment of M/s M S K A & Associates LLP as the company's statutory auditors for a second term of 5 years, effective from the conclusion of the 37th Annual General Meeting held on August 24, 2025, until the conclusion of the 42nd Annual General Meeting in the financial year 2030-31.

The company has established a comprehensive framework for responsible business practices, encompassing ethical conduct, product quality, stakeholder engagement, human rights, legal compliance, environmental protection, and inclusive growth. Policies and procedures are in place to address issues ranging from anti-corruption and product safety to forced labor prevention and tax compliance. The company prioritizes stakeholder engagement, including employees, suppliers, and communities, with a focus on initiatives like rehabilitation programs and preferential procurement from marginalized groups. Furthermore, the organization is committed to transparency, disclosing data on job creation and CSR spending, particularly within India, where its crane rental services business operates.

Sanghvi Movers Limited will hold its Annual General Meeting on May 20, 2026, and shareholders are asked to approve two special resolutions requiring a 75% voting threshold. One resolution seeks to amend the company’s Articles of Association to align the definition of “Equity Shares” with its new capital structure following a stock split, while the other requests ratification of Managing Director Rishi C. Sanghvi’s remuneration, which exceeded regulatory limits due to performance-linked incentives. Shareholders who hold shares in demat form are urged to update their email addresses and mobile numbers with their Depository Participant to participate in e-voting and a virtual meeting, requiring registration at least five days prior to the AGM by emailing sml.cs@sanghviglobal.com. E-voting will be conducted through the CDSL e-Voting platform, and those attending the virtual meeting can also vote during the session, with electronic votes taking precedence.

Sanghvi Movers Ltd share price declined by 0.73% to Rs 433.95 after the company's net profit slipped by 5.15% to Rs 65.25 crore, while revenue from operations improved marginally 8.04% to Rs 379.67 crore in Q2FY26 over Q1FY26. The market capitalization of Diversified Commercial Services industry group stocks on BSE stood at Rs 92476.69 crore, easing 7.89%. It has eased by 1.26% over last one week and climbed by 8.38% in last one month while the market capitalization of Sanghvi Movers Ltd has softened by 5.27% and 35.55% in the same period respectively. Profit before tax (PBT) of Sanghvi Movers Ltd stood at Rs 87.64 crore in Q2 FY26, rallying 28.41% year-on-year, and declining 7.52% quarter-on-quarter. EBITDA came in at Rs 112 crore, jumping 21.59% YoY and dropping 10.95% sequentially. Total expenses increased by 15.78% to Rs 292.79 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 32.12 crore, expanding by 11.92% YoY. For the TTM ended FY26, revenue from operations witnessed a strong growth of 71.60% to Rs 782.12 crore, while net profit saw a strong growth of 39.68% to Rs 156.52 crore, compared to previous TTM. EBITDA surged by 23353% to Rs 289.61 crore, and PBT jumped 45.54% to Rs 216.72 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 161.7 crore in FY26, as against Rs 257.34 crore in FY25. Sanghvi Movers Ltd rallied 68.59% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 4.36% during the same period.

Sanghvi Movers Limited announced its financial performance for the first quarter ended June 30, 2026, reporting revenue from operations of Rs 380 crore, a 39% year-over-year increase compared to Rs 273 crore in the same quarter of the previous year. The company's consolidated EBITDA stood at Rs 139 crore, up 30% year-over-year from Rs 107 crore, with a profit after tax of Rs 65 crore, also a 30% increase from Rs 50 crore in Q1 FY26; the order book increased 19% to Rs 1,253 crore as of July 24, 2026, and the company deployed Rs 92 crore of its planned Rs 652 crore FY27 capital expenditure across India and Saudi Arabia.

Net profit of Sanghvi Movers rose 29.82% to Rs 65.25 crore in the quarter ended June 2026 as against Rs 50.26 crore during the previous quarter ended June 2025. Sales rose 38.89% to Rs 379.67 crore in the quarter ended June 2026 as against Rs 273.36 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales379.67273.36 39 OPM %33.0536.41 - PBDT126.2399.63 27 PBT87.6468.25 28 NP65.2550.26 30 Powered by Capital Market - Live

Sanghvi Movers will hold a meeting of the Board of Directors of the Company on 31 July 2026.

Sanghvi Movers announced that the Board of Directors of the Company at its meeting held on 20 May 2026, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 200%) , subject to the approval of the shareholders.

Net profit of Sanghvi Movers rose 27.79% to Rs 68.79 crore in the quarter ended March 2026 as against Rs 53.83 crore during the previous quarter ended March 2025. Sales rose 31.41% to Rs 351.41 crore in the quarter ended March 2026 as against Rs 267.42 crore during the previous quarter ended March 2025. For the full year,net profit rose 17.74% to Rs 184.29 crore in the year ended March 2026 as against Rs 156.52 crore during the previous year ended March 2025. Sales rose 36.87% to Rs 1070.45 crore in the year ended March 2026 as against Rs 782.12 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales351.41267.42 31 1070.45782.12 37 OPM %38.1839.98 -37.3542.24 - PBDT129.92105.97 23 392.43345.23 14 PBT94.2774.66 26 260.76216.72 20 NP68.7953.83 28 184.29156.52 18 Powered by Capital Market - Live

Sanghvi Movers will hold a meeting of the Board of Directors of the Company on 20 May 2026.