Sanghvi Movers Limited — Investor Meet, 23-03-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Sanghvi Movers hosted an investor/analyst meeting discussing its operational overview. The company, world's 5th largest crane provider, showcased a strong financial turnaround (FY20-24) with significant debt reduction and ~900 Cr fleet reinvestment. Current financials for 9MFY26 show 740 Cr revenue and 286 Cr EBITDA (40% margin). It maintains a disciplined balance sheet, with Debt/Equity below 0.5x, and a robust opening order book ensuring revenue visibility. The 'Elevate 2030' strategy targets 1,800 Cr revenue by FY28, focusing on core crane rental growth, asset-light renewables, and GCC expansion. The outlook is positive, highlighting strategic expansion and operational efficiency.