Sanghvi Movers Ltd

Sanghvi Movers Ltd

₹ 1,352 2.18%
28 Mar - close price
About

Sanghvi Movers is engaged in the business of providing hydraulic and crawler cranes to various industries in the infrastructure sector and has a fleet of medium to large-size hydraulic truck mounted telescopic and lattice boom cranes and crawler cranes with lifting capacity ranging from 20 tons to 800 tons.

Key Points

Largest Crane Hiring Company
SML is the largest crane hiring company in India & ranked 5th in the world by “Cranes International'' a Crane Journal. Company is engaged in the business of providing medium sized Heavy Duty Cranes on rental basis to various private & public sector undertakings. SML has a fleet of 387 Cranes as on 31st March 2022 having Lifting Capacity from 40 Tons to 800 Tons, all these cranes were imported from Germany, USA, UK, Japan, Singapore. SML also does Heavy Lift, Lift Planning & Plant Maintenance jobs. [1]

  • Market Cap 5,855 Cr.
  • Current Price 1,352
  • High / Low 1,400 / 334
  • Stock P/E 33.6
  • Book Value 209
  • Dividend Yield 0.30 %
  • ROCE 15.2 %
  • ROE 12.4 %
  • Face Value 2.00

Pros

  • Company is expected to give good quarter

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.

Peer comparison

Sector: Miscellaneous Industry: Miscellaneous

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
81 76 71 79 109 97 109 122 127 146 140 167
41 45 35 44 74 49 52 47 50 58 54 52
Operating Profit 40 31 36 36 36 48 57 75 77 88 86 115
OPM % 49% 41% 51% 45% 33% 49% 52% 61% 60% 60% 62% 69%
8 0 6 8 22 4 15 6 5 6 5 6
Interest 5 4 4 5 4 3 4 4 5 5 7 7
Depreciation 32 30 30 29 29 29 31 31 31 33 34 32
Profit before tax 12 -3 8 10 25 19 38 46 46 56 50 82
Tax % 35% 25% 44% 11% 25% 25% 23% 25% 26% 26% 26% 25%
8 -3 5 9 19 14 29 35 34 42 37 61
EPS in Rs 1.80 -0.58 1.05 2.04 4.29 3.35 6.67 8.03 7.84 9.65 8.59 14.16
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 TTM
224 335 456 580
137 197 199 214
Operating Profit 87 138 257 366
OPM % 39% 41% 56% 63%
29 37 30 21
Interest 26 17 17 24
Depreciation 122 118 121 129
Profit before tax -32 39 149 234
Tax % 30% 26% 25%
-22 29 112 174
EPS in Rs -5.18 6.79 25.89 40.24
Dividend Payout % 0% 15% 15%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 32%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 80%
Stock Price CAGR
10 Years: 35%
5 Years: 65%
3 Years: 137%
1 Year: 306%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Sep 2023
Equity Capital 9 9 9
Reserves 725 833 895
167 183 336
64 96 105
Total Liabilities 964 1,121 1,344
769 858 1,023
CWIP 0 7 12
Investments 30 35 50
165 220 259
Total Assets 964 1,121 1,344

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
130 257
-76 -237
-48 -15
Net Cash Flow 6 5

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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

Shareholding Pattern

Numbers in percentages

2 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
47.25% 47.25% 47.25% 47.25% 47.25% 47.25% 47.25% 47.25% 47.25% 47.25% 47.25% 47.25%
0.00% 0.05% 0.07% 0.10% 0.30% 0.28% 1.03% 1.35% 1.47% 1.64% 1.99% 2.12%
3.21% 1.07% 1.28% 1.23% 1.20% 1.08% 1.58% 2.06% 1.68% 1.73% 1.77% 1.62%
49.54% 51.63% 51.40% 51.42% 51.25% 51.39% 50.14% 49.36% 49.61% 49.39% 49.00% 49.01%
No. of Shareholders 13,48118,42019,36021,27926,50827,14527,32425,28627,05331,71539,44244,902

* 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

Concalls