Financial Results (Consolidated) – Q1 FY27

| Particulars (₹ Cr) | Q1 FY27 | Q4 FY26 | Q1 FY26 | YoY (%) |

| Revenue from Operations | 380 | 351 | 273 | 39% |

| EBITDA | 139 | 143 | 107 | 30% |

| PAT | 65 | 69 | 50 | 30% |

| PAT Margin | 17% | 20% | 18% | |

Performance Analysis

Revenue Growth: Revenue from operations was ₹380 Cr for Q1 FY27 compared to ₹273 Cr in Q1 FY26, representing a 39% year-on-year increase.

Profitability Metrics:

  • EBITDA stood at ₹139 Cr for Q1 FY27 compared to ₹107 Cr in Q1 FY26, up by 30% YoY
  • PAT stood at ₹65 Cr for Q1 FY27 compared to ₹50 Cr in Q1 FY26, an increase of 30% YoY
  • EBITDA margin stood at 37% and PAT Margin stood at 17% respectively

Key Business Highlights

Order Book Strength: Order book increased 19% to ₹1,253 Cr as on 24 July 2026 from ₹1,053 Cr on 14 May 2026 (over 10 weeks), driven by strong contributions from SML and SFRPL.

International Operations:

  • Botswana: Achieved successful commissioning of all Botswana cranes on schedule with seamless execution and repatriated $1.1 Mn to India
  • KSA: Delivered cumulative EBITDA-Positive Performance Across KSA Operations

Infrastructure: Modernized Corporate Headquarters successfully revamped to create a modern, collaborative, and efficient workplace.

Capital Expenditure: Deployed ₹92 crore of the planned ₹652 crore FY27 capex across India and Saudi Arabia to enhance fleet capacity and support future growth.

Management Commentary

Mr. Rishi Sanghvi, Managing Director, stated: "FY26 marked a pivotal year in Sanghvi Movers' transformation journey. Q1 FY27 delivered total income of ₹393 crore, reflecting a robust 40% year-on-year growth. The quarter closed with a strong order book of ₹1,253 crore, providing healthy revenue visibility. We secured new orders in Qatar, progressed execution activities in Botswana. Our international operations are gaining traction across Saudi Arabia and the broader MENA region, while Sangreen Future Renewables continues to strengthen its presence across the renewable energy value chain."

Corporate Overview

Sanghvi Movers Limited is the world's 3rd largest and India's largest crane rental company, providing heavy-lift, material handling, and project logistics solutions across sectors including renewable wind energy, infrastructure, power, steel, cement, petrochemicals, and construction. The company operates a fleet of 500+ cranes (including KSA) with capacities ranging from 20 MT to 1,600 MT. Headquartered in Pune, the company has operations in India, Saudi Arabia, and Botswana. The Sanghvi Group derives a significant portion of its revenue from the renewables segment through Sangreen Future Renewable Private Limited and Sangreen Logistics Private Limited.