Sanghvi Movers Limited (SANGHVIMOV) AI Stock Analysis

Sanghvi Movers Limited

(NSE:SANGHVIMOV)

Select Model

Rating:53Neutral

Price Target:INR 372.00▲(1.57% Upside)

Action:reiterated

Date:10/23/26

The score is held back primarily by weak cash-flow profile (negative free cash flow for multiple years) and increasing leverage, plus a strong technical downtrend with bearish momentum. These are partially offset by solid revenue/profit turnaround and a moderate valuation (P/E ~14.7).

Positive Factors

Strong Revenue GrowthThe substantial multi-year revenue increase indicates expanding demand for the company’s crane rental and heavy-lifting services. Continued top-line growth can improve fleet economics, support reinvestment, and strengthen Sanghvi Movers’ position across infrastructure, energy, and industrial projects.

Negative Factors

Rising LeverageThe rapid increase in debt alongside the company’s growth plan raises financial risk over the next several quarters. Higher leverage can increase interest and refinancing sensitivity, while weaker profitability or crane utilization could make the expanded debt burden harder to support.

Sanghvi Movers Limited (SANGHVIMOV) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 36.35B
Dividend Yield: 0.55%
Average Volume (3M): 30.66K
Price to Earnings (P/E): 15.9
Beta (1Y): 1.69
Revenue Growth: 30.05%
EPS Growth: 19.84%
Country: India
Employees: 2,545
Sector: General
Sector Strength: 55
Industry: Rental & Leasing Services

Sanghvi Movers Limited Business Overview & Revenue Model

Company Description

Sanghvi Movers Limited, together with its subsidiaries, operates as a crane rental company in India. It operates through Crane Hiring and Ancillary Services; Wind EPC; and Project EPC segment. The Crane Hiring and Other Ancillary Services segment inc...

How the Company Makes Money

Sanghvi Movers Limited primarily makes money by renting out its fleet of high-capacity cranes and providing heavy lifting and specialized logistics services to customers executing large projects. Revenue is generally generated on a contract basis (pr...

Sanghvi Movers Limited Financial Statement Overview

Summary

Strong multi-year revenue growth and a clear rebound to sustained profitability support the score, but it is heavily offset by weak cash quality (operating cash flow trailing net income) and negative free cash flow for 2024–2026 alongside rising leverage.

Income Statement

72Positive

Balance Sheet

64Positive

Cash Flow

38Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	10.70B	10.70B	7.82B	6.19B	4.56B	3.35B
Gross Profit	8.87B	3.43B	2.68B	2.87B	1.70B	2.95B
EBITDA	4.12B	4.05B	3.71B	4.09B	2.85B	1.75B
Net Income	1.84B	1.84B	1.57B	1.88B	1.12B	294.05M
Balance Sheet
Total Assets	23.43B	23.43B	17.65B	14.24B	11.21B	9.64B
Cash, Cash Equivalents and Short-Term Investments	2.15B	2.15B	2.04B	1.57B	711.57M	376.60M
Total Debt	6.74B	6.74B	4.38B	2.92B	1.83B	1.67B
Total Liabilities	10.33B	10.33B	6.23B	4.12B	2.79B	2.30B
Stockholders Equity	13.10B	13.10B	11.43B	10.12B	8.42B	7.34B
Cash Flow
Free Cash Flow	103.50M	-1.49B	-753.27M	-199.35M	251.86M	720.27M
Operating Cash Flow	1.18B	2.59B	1.62B	3.04B	2.57B	1.30B
Investing Cash Flow	-1.32B	-4.25B	-2.86B	-3.46B	-2.37B	-755.18M
Financing Cash Flow	232.79M	2.08B	890.69M	681.13M	-151.86M	-483.13M

Sanghvi Movers Limited Technical Analysis

Technical Analysis SentimentNeutral

Last Price366.25

Price Trends

50DMA415.62Negative

100DMA428.78Negative

200DMA362.67Positive

Market Momentum

MACD-22.82Negative

RSI45.75Neutral

STOCH73.99Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SANGHVIMOV, the sentiment is Neutral. The current price of 366.25 is below the 20-day moving average (MA) of 367.60, below the 50-day MA of 415.62, and above the 200-day MA of 362.67, indicating a neutral trend. The MACD of -22.82 indicates Negative momentum. The RSI at 45.75 is Neutral, neither overbought nor oversold. The STOCH value of 73.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:SANGHVIMOV.

Sanghvi Movers Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:SANGHVIMOV against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:BALMLAWRIE	78Outperform	INR 26.58B	9.52	―	5.47%	8.87%	2.96%
IN:MAHLOG	65Neutral	INR 40.97B	54.42	―	0.61%	20.30%	―
IN:ALLCARGO	62Neutral	INR 13.85B	52.64	―	―	-86.94%	―
IN:GATEWAY	62Neutral	INR 21.44B	8.75	―	7.57%	17.72%	-36.14%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:SANGHVIMOV	53Neutral	INR 31.71B	15.90	―	0.55%	30.05%	19.84%
IN:JITFINFRA	41Neutral	INR 6.78B	-15.97	―	―	24.34%	-234.39%

* General Sector Average

Performance Comparison

IN:SANGHVIMOV and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:SANGHVIMOV	Sanghvi Movers Limited	366.25	-36.02	-8.95%
IN:ALLCARGO	Allcargo Logistics Limited	9.25	-3.68	-28.46%
IN:BALMLAWRIE	Balmer Lawrie & Co. Ltd.	155.45	-36.62	-19.07%
IN:GATEWAY	Gateway Distriparks Limited	42.91	-18.44	-30.06%
IN:JITFINFRA	JITF Infralogistics Ltd.	263.70	-40.10	-13.20%
IN:MAHLOG	Mahindra Logistics Ltd.	412.65	73.89	21.81%

Sanghvi Movers Limited Corporate Events

Sanghvi Movers Sets Q2 & H1 FY27 Earnings Call for Early November

Oct 27, 2026

Sanghvi Movers Limited has scheduled the announcement of its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, on November 02, 2026. The disclosure will be followed by a post-earnings conf...

Sanghvi Movers Schedules Analyst and Institutional Investor Meetings

Sep 17, 2026

Sanghvi Movers Limited has announced that its management will meet with analysts and institutional investors at an in-person conference hosted by Anand Rathi on September 22, 2026. The interaction will include both one-on-one and group meetings, refl...

Sanghvi Movers Reappoints M S K A & Associates as Statutory Auditor for Second Five-Year Term

Aug 26, 2026

Sanghvi Movers Limited has secured shareholder approval at its 37th Annual General Meeting to reappoint M S K A & Associates LLP as its statutory auditor for a second five-year term, spanning from the conclusion of this AGM through the 42nd AGM i...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 23, 2026

Sanghvi Movers Limited AI Stock Analysis