Sanghvi Movers Limited — Important, 07-08-2025: Updates

Sanghvi Movers reported strong Q1 FY26 results with Turnover at ₹ 273 Cr and Profit After Tax at ₹ 50 Cr, driven by 81% average capacity utilization. The company secured a robust order book of ₹ 767 Cr, with ₹ 494 Cr to be executed in the remaining FY26. Strategic expansion into Saudi Arabia is underway via a new wholly-owned subsidiary, with Q1 capex of ₹ 26 Cr for 12 cranes and more planned. An ambitious Capex of ₹ 321 Cr for 76 new cranes in India is set for FY26. Additionally, ₹ 131 Cr has been strategically invested for future growth and diversification.