Sanghvi Movers Ltd

Sanghvi Movers Ltd

₹ 328 -6.37%
21 May - close price
About

Sanghvi Movers provides medium to heavy duty cranes on rental basis to various private and public sector undertakings. SML’s crane fleet consists of medium to large size hydraulic truck mounted telescopic and lattice boom cranes and crawler lattice boom cranes having a lifting capacity ranging from 20 MT to 1000 MT.[1]

Key Points

Largest Crane Hiring Company[1]
Company is Asia’s largest crane rental operator with 346 cranes as of FY24. The company has 17 strategically placed depots (13 operational) across the country.

  • Market Cap 2,838 Cr.
  • Current Price 328
  • High / Low 604 / 205
  • Stock P/E 18.1
  • Book Value 132
  • Dividend Yield 0.92 %
  • ROCE %
  • ROE %
  • Face Value 1.00

Pros

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Jun 2024 Sep 2024 Dec 2024 Mar 2025
79 109 97 109 122 127 146 140 167 151 156 208 267
44 74 49 52 47 50 58 54 52 76 83 132 161
Operating Profit 36 36 48 57 75 77 88 86 115 74 73 76 107
OPM % 45% 33% 49% 52% 61% 60% 60% 62% 69% 49% 47% 37% 40%
8 22 4 15 6 5 6 5 6 20 8 6 7
Interest 5 4 3 4 4 5 5 7 7 6 6 6 7
Depreciation 29 29 29 31 31 31 33 34 32 33 33 31 31
Profit before tax 10 25 19 38 46 46 56 50 82 56 42 45 75
Tax % 11% 25% 25% 23% 25% 26% 26% 26% 25% 27% 30% 26% 28%
9 19 14 29 35 34 42 37 61 40 29 33 54
EPS in Rs 1.02 2.15 1.67 3.34 4.01 3.92 4.83 4.30 7.08 4.68 3.36 3.82 6.22
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2025
224 335 456 782
137 197 199 452
Operating Profit 87 138 257 330
OPM % 39% 41% 56% 42%
29 37 30 41
Interest 26 17 17 26
Depreciation 122 118 121 129
Profit before tax -32 39 149 217
Tax % -30% 26% 25% 28%
-22 29 112 157
EPS in Rs -2.59 3.39 12.94 18.08
Dividend Payout % 0% 15% 15% 11%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 33%
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 84%
TTM: %
Stock Price CAGR
10 Years: 7%
5 Years: 66%
3 Years: 56%
1 Year: -42%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2025
Equity Capital 9 9 9
Reserves 725 833 1,134
167 183 438
64 96 185
Total Liabilities 964 1,121 1,765
769 858 1,116
CWIP 0 7 18
Investments 30 35 150
165 220 482
Total Assets 964 1,121 1,765

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2025
130 257 162
-76 -237 -286
-48 -15 89
Net Cash Flow 6 5 -36

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2025
Debtor Days 86 79 110
Inventory Days
Days Payable
Cash Conversion Cycle 86 79 110
Working Capital Days 100 87 188
ROCE % 15%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
47.25% 47.25% 47.25% 47.25% 47.25% 47.25% 47.25% 47.25% 47.25% 47.25% 47.25% 47.25%
0.28% 1.03% 1.35% 1.47% 1.64% 1.99% 2.12% 2.49% 2.41% 2.95% 2.94% 2.11%
1.08% 1.58% 2.06% 1.68% 1.73% 1.77% 1.62% 2.59% 3.34% 3.65% 3.89% 3.25%
51.39% 50.14% 49.36% 49.61% 49.39% 49.00% 49.01% 47.67% 47.01% 46.16% 45.91% 47.38%
No. of Shareholders 27,14527,32425,28627,05331,71539,44244,90249,31066,37165,94867,46368,155

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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