+
Sanghvi Movers Posts FY26 Revenue Rise And Strong Margins
ECONOMY & POLICY

Sanghvi Movers Posts FY26 Revenue Rise And Strong Margins

Sanghvi Movers Limited reported consolidated financial results for the fourth quarter and year ended 31 March 2026, showing robust revenue growth. FY26 revenue was Rs 10,700 million (mn), up 36.8 per cent year on year, driven by demand across heavy lift and project logistics. The company is described as the world's fifth largest and India's largest crane rental company operating a fleet of 500+ cranes.

In Q4 FY26 revenue was Rs 3,510 mn, representing a 31.5 per cent increase versus Q4 FY25, while quarter on quarter revenue rose 48.7 per cent. EBITDA for the quarter was Rs 1,430 mn and for the year Rs 4,290 mn, delivering an annual EBITDA margin of 40.1 per cent. Profit after tax for Q4 stood at Rs 690 mn and annual PAT was Rs 1,840 mn, with a PAT margin of 17.2 per cent.

The company reported utilisation of 79 per cent and yield of 2.12 per cent for FY26, and it said all Botswana cranes were commissioned on schedule. Management noted a secured order book for FY27 and a robust pipeline supporting remaining growth, and the business received multiple client safety excellence awards. The company also reported enhanced operational efficiency in India through improved utilisation and yield.

Management said FY26 reflected resilient performance amid global challenges, citing supply chain disruptions and project delays but emphasising operational discipline and execution. The company outlined its ELEVATE 2030 transformation to expand internationally, broaden services and deepen partnerships across Saudi Arabia and the MENA corridor while focusing on cost optimisation and prudent capital allocation. Renewables operations contributed meaningfully to revenue and the group continues to leverage technical expertise and digital capabilities to capture market opportunities.

Sanghvi Movers Limited reported consolidated financial results for the fourth quarter and year ended 31 March 2026, showing robust revenue growth. FY26 revenue was Rs 10,700 million (mn), up 36.8 per cent year on year, driven by demand across heavy lift and project logistics. The company is described as the world's fifth largest and India's largest crane rental company operating a fleet of 500+ cranes. In Q4 FY26 revenue was Rs 3,510 mn, representing a 31.5 per cent increase versus Q4 FY25, while quarter on quarter revenue rose 48.7 per cent. EBITDA for the quarter was Rs 1,430 mn and for the year Rs 4,290 mn, delivering an annual EBITDA margin of 40.1 per cent. Profit after tax for Q4 stood at Rs 690 mn and annual PAT was Rs 1,840 mn, with a PAT margin of 17.2 per cent. The company reported utilisation of 79 per cent and yield of 2.12 per cent for FY26, and it said all Botswana cranes were commissioned on schedule. Management noted a secured order book for FY27 and a robust pipeline supporting remaining growth, and the business received multiple client safety excellence awards. The company also reported enhanced operational efficiency in India through improved utilisation and yield. Management said FY26 reflected resilient performance amid global challenges, citing supply chain disruptions and project delays but emphasising operational discipline and execution. The company outlined its ELEVATE 2030 transformation to expand internationally, broaden services and deepen partnerships across Saudi Arabia and the MENA corridor while focusing on cost optimisation and prudent capital allocation. Renewables operations contributed meaningfully to revenue and the group continues to leverage technical expertise and digital capabilities to capture market opportunities.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code