Sanghvi Movers Limited Earnings Summary — Q1 FY2027
Sanghvi Movers Records 39% Consolidated Revenue Growth Driven by Wind E&C Expansion
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue has increased for 4 consecutive quarters.
- Revenue of ₹380 Cr is 38.9% higher year-on-year.
- Revenue has compounded at 44.0% annualised over the last 10 quarters.
- Revenue is at its highest level in 10 quarters.
- Net profit of ₹65 Cr is 29.8% above the same quarter last year.
- Profit growth is trailing revenue growth this quarter.
- Net profit has compounded at 2.8% annualised across the period.
- Operating margin stands at 33.0% in Q1 FY2027.
- Operating margin compressed by 337 bps year-on-year.
- Over the last two years operating margin has contracted by 1630 bps.
- PBT margin is 23.1%.
- Expenses grew 46.3% against revenue growth of 38.9%.
- Operating profit of ₹125 Cr is 26.0% higher year-on-year.
- Operating leverage has been under pressure recently.
- 6 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 63/100 (Healthy) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q3 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Accelerating | 380 | 351 | 236 | 210 | 273 | 267 | 208 | 156 | 151 | 167 |
| Expenses | Strong Uptrend | 254 | 217 | 150 | 129 | 174 | 161 | 132 | 83 | 76 | 52 |
| Operating Profit | Accelerating | 125 | 134 | 85 | 81 | 100 | 107 | 76 | 73 | 74 | 115 |
| Operating Margin | Softening | 33.0% | 38.2% | 36.2% | 38.5% | 36.4% | 40.0% | 36.5% | 46.9% | 49.4% | 68.7% |
| Other Income | Volatile | 13 | 9 | -3 | 8 | 7 | 7 | 6 | 8 | 20 | 6 |
| Interest | Accelerating | 13 | 13 | 9 | 7 | 7 | 7 | 6 | 6 | 6 | 7 |
| Depreciation | Stable | 39 | 36 | 33 | 31 | 31 | 31 | 31 | 33 | 33 | 32 |
| Profit Before Tax | Volatile | 88 | 95 | 40 | 50 | 68 | 75 | 45 | 42 | 56 | 82 |
| Tax | Volatile | 22 | 26 | 11 | 14 | 18 | 21 | 12 | 13 | 15 | 21 |
| Net Profit | Volatile | 65 | 69 | 29 | 36 | 50 | 54 | 33 | 29 | 40 | 61 |
| Net Margin | Softening | 17.2% | 19.6% | 12.3% | 17.3% | 18.4% | 20.1% | 15.9% | 18.6% | 26.9% | 36.7% |
Key Takeaways
- Consolidated revenue surged 39% YoY to ₹379.67 Cr, indicating strong demand in heavy lifting and infrastructure sectors.
- The Wind E&C segment has become a major growth engine, contributing ₹140.29 Cr to revenue during the quarter.
- Standalone Crane Hiring revenue grew 26% YoY to ₹192.06 Cr, maintaining its position as the core business foundation.
- Profitability showed strong YoY growth of 30%, although margins slightly compressed compared to the immediate prior quarter (Q4 FY26).
- Operating expenses rose significantly to ₹222.07 Cr, up from ₹155.53 Cr in the same quarter last year, reflecting increased scale and mobilization.
- The group maintains a robust presence in international markets including Middle East and Africa through its wholly-owned subsidiaries.
Management Guidance
Management is pivoting towards high-capacity logistics and EPC enabling for the wind sector to transition from a cyclical service provider to a high-capacity enabler.
Sentiment Shift
Stable
Year-on-year performance remains exceptionally strong across both core crane rental and the new Wind E&C segment, despite a slight sequential dip in PAT.
Outlook
The outlook remains positive backed by aggressive 5-year revenue CAGR and recovery in core sectors like wind energy, oil & gas, and infrastructure.
From the Annual Report (Key Quotes)
“The Group has identified Crane hiring, Wind E&C, and Project EPC as its primary operating segments.”
“Revenue from operations includes Crane rental services including mobilisation and demobilisation.”
Official Quarterly Documents
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This summary is AI-generated from Sanghvi Movers Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.