Whalesbook
Sanghvi Movers Ltd. posted a significant 27.8% year-on-year jump in consolidated net profit for the fourth quarter ended March 2026, reaching ₹68.8 crore. This marks a notable increase from ₹53.8 crore in the same period last year.
Strong Revenue Growth
Revenue from operations surged by 27.7% to ₹351.4 crore during the quarter, up from ₹267.4 crore a year ago. This growth was primarily fueled by consistent demand for crane rental services and significant traction in wind energy projects. The company's top-line performance reflects its strategic positioning in key infrastructure sectors.
EBITDA and Margin Performance
Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) saw a year-on-year increase of 16.2%, totaling ₹124.2 crore compared to ₹106.9 crore in the prior year's corresponding quarter. However, the EBITDA margin experienced a slight compression, narrowing to 36.4% from 40% in the previous year's Q4. This suggests increased operational costs or pricing pressures despite higher sales.
Dividend Recommendation
The Board of Directors at Sanghvi Movers has proposed a final dividend of ₹2 per equity share. This recommendation, based on a face value of ₹1 per share for the fiscal year 2026, is subject to shareholder approval at the upcoming Annual General Meeting. This dividend payout underscores the company's positive financial outlook and commitment to shareholder returns.
Previous Quarter Performance
In the third quarter, Sanghvi Movers had reported a 12.4% year-on-year decline in net profit, although revenue showed double-digit growth. Net profit for Q3 stood at ₹28.9 crore, a decrease from ₹33 crore in the prior year's quarter. Revenue from operations in Q3 increased by 13.4% year-on-year to ₹235.7 crore.
Stock Performance
Shares of Sanghvi Movers Ltd. closed at ₹322.90 on the NSE on Wednesday, May 20, marking a 0.78% increase from the previous trading day. This uptick occurred ahead of the Q4 results announcement.