Sanghvi Movers Limited Announces Q2 & H1 FY26 Results

Sanghvi Movers Limited (SANGHVIMOV), World's fifth largest and India's largest crane rental companies and the key player in the heavy lift and material handling segment, today announced its financial performance for the first quarter and half year ended September 30, 2025.

Key Result Highlights

- Revenue from operations was ₹210 Cr for Q2 FY26 compared to ₹156 Cr in Q2 FY25, an increase of 35% YoY

- EBITDA stood at ₹88 Cr for Q2 FY26 compared to ₹81 Cr in Q2 FY25, up by 9% YoY

- PAT stood at ₹36 Cr for Q2 FY26 compared to ₹29 Cr in Q2 FY25, up by 24% YoY

- EBITDA margin for the quarter grew to 42% & PAT margin stood at 17%.

Key Business Highlights

- Company has commenced operations in the Kingdom of Saudi Arabia and started generating revenue this quarter. Additionally, we have successfully collected our first dollar of revenue.

- Sangreen Future Renewables, subsidiary is gaining significant traction, showing strong potential for growth.

Commenting on Q2 FY26 performance, Mr. Rishi Sanghvi, Managing Director, Sanghvi Movers Limited (SML) said, "We are pleased to report a strong performance with a 57% YoY increase in revenue during H1 FY26, supported by favourable market tailwinds and sustained demand across key sectors.

SML is advancing its five-year strategic roadmap, ELEVATE 2030, to better serve our customers by expanding its global footprint, diversifying its portfolio, and strengthening customer-centric value creation.

Our company has secured an order book of over ₹1250+ crore across the core Crane Rental and renewables business, marking a major milestone. We expect strong growth to continue in both areas, driven by increasing demand and operational strength. Additionally, our KSA business is witnessing a surge in customer enquiries and growing confidence, indicating promising expansion opportunities.

The global infrastructure and renewable energy sectors are undergoing unprecedented growth and transformation, driven by the pursuit of sustainability. In alignment with India's clean energy vision, our renewable offerings have evolved from innovative concepts into a proven, scalable business model. With well-defined strategic solutions, we are poised to become a one-stop destination for customers, reinforcing our value proposition and leadership in the industry.

With a 36-year legacy of resilience, we are leveraging our expertise, strategic partnerships, and digital capabilities to capture opportunities across the Kingdom of Saudi Arabia and the wider MENA region.

Source : Equity Bulls

Keywords

SanghviMovers Q2FY26 H1FY26 ResultUpdate