Sanghvi Movers LtdNSE:SANGHVIMOV
Current view Q4 2026
India's biggest crane-rental firm is riding the wind-power and infrastructure boom, growing ~30% yearly. Demand is solid, but watch the big management shake-up, thinner margins and reduced disclosure.
Latest exchange filings last 5 · 5 after Q4 2026
- 17 Sep ’26Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 17 Sep ↗
- 16 Sep ’26Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 16 Sep ↗
- 16 Sep ’26Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 16 Sep ↗
- 16 Sep ’26Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011 16 Sep ↗
- 16 Sep ’26Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 16 Sep ↗
Exchange filings, with the company's own one-line summary, read off the same page as the figures. Screener publishes only the most recent few, so this is the last 5 — not everything filed since your note, and a quiet-looking list is not proof of a quiet quarter. A filing is marked new when it is dated after the end of the quarter your note covers. Not scored, and not a judgement — a routine repayment notice and a takeover sit in the same list.
AI concall report · Q4 2026
The full earnings-call read behind this view — what management promised, what they delivered, and the earning trigger.
Growth Q4 2026
| Metric | This year vs lastYoY · vs Q4 2025 | vs the quarter beforeQoQ, sequential · vs Q3 2026 | 3-year yearly average3Y CAGR · compounded | 5-year yearly average5Y CAGR · compounded |
|---|---|---|---|---|
| Sales | ▲ +31.5% | +48.7% | +32.9% | +36.7% |
| Operating profit | ▲ +25.2% | +57.6% | +13.6% | +29.4% |
| EPS | ▲ +27.8% | +137.3% | +18.1% | +40.1% |
| PAT | ▲ +27.8% | +137.9% | — | — |
Tinted rows drive the Tier. Tier = the weaker of YoY Sales and YoY PAT growth. Here the weaker is PAT at +27.8%, which is ≥ 20% → Tier 1.
QoQ is sequential, not a trend. For most Indian companies the March quarter is seasonally the largest, so a June-quarter fall against it is a calendar effect. Only the YoY column feeds the Tier.
Multibagger potential
Strong78/100
Cheap, and growing fast. Profit per share grew 18% a year, while the price-tag on its earnings actually got smaller. That gap — real growth nobody has paid up for — is exactly what this score looks for.
₹444 → ₹889 needs the P/E at 25× — it is 21× today, and has ranged 12× to 51× over the last 5 years. The rest would come from earnings growing as they have.
What you pay for its profitlog scale · 5-year range
Tripling needs 38× — it has traded there — high was 51×.
At ₹492 the price-tag on its earnings reaches the 23× it is being projected toward — the point where being cheap against that yardstick is used up.
Earnings delivered, market hasn't paid yet. The pre-re-rate zone — read the concall.
How this is calculated
This is arithmetic, not a forecast — Return = ΔEPS × ΔMultiple. It says what would have to be true, not how likely it is, and "earnings keep growing at this rate for three more years" is the assumption doing the most work. This is a small-cap at ₹3,530 cr, so the odds of a re-rate are not fighting its own size.
Growth rate used: 18.1% — the weakest of EPS / Sales / Op-profit from 3-year EPS CAGR. Latest quarter reads 28%.
How it compares with its rivals Capital Goods · 6 of 64 listed
It earns 16% on its capital, fifth of 6, and it is the fifth most expensive of the 6 shown.
| Company | Price | P/E | Size | ROCE | Profitlast qtr | Saleslast qtr |
|---|---|---|---|---|---|---|
| Sanghvi Movers | ₹428 | 18.1× | ₹3,708 Cr | 15.6% | +29.8% | +38.9% |
| International Gemological Instit | ₹333 | 23.7× | ₹14,391 Cr | 69.3% | +31.0% | +23.2% |
| Wework India | ₹677 | 108.7× | ₹9,407 Cr | 20.6% | +68.7% | +27.4% |
| NESCO | ₹1,083 | 18.3× | ₹7,631 Cr | 18.5% | +4.0% | +9.6% |
| Indiabulls | ₹30 | 14.6× | ₹7,062 Cr | 16.2% | +35647.5% | +292.3% |
| Inox Green | ₹173 | 56.5× | ₹6,934 Cr | 8.4% | +84.8% | −23.0% |
Screener's own peer group, from the request already made for the industry P/E. It serves the industry's largest names by market cap, not companies of a similar size, so treat this as context rather than a like-for-like table; this company is always shown. On a phone the price, size and sales columns are dropped rather than pushed off the edge. Not part of the score.
Business quality to Jun 2026
| Are the margins widening? | no — margins have been squeezed | operating margin 60% → 33% over 3.3 years |
|---|---|---|
| Did the profit turn into cash? | most of it arrived as cash | 85% last year, 84% over three · free cash flow −₹130 cr, positive in 2 of 4 years |
| Is the growth borrowed? | borrowed about as much as it owns | ₹674 cr — 0.51× its own equity (was 0.38×) |
| Is it being collected? | customers are paying faster | 92 days to collect, down 18 in a year · cash cycle 92 days |
| Who has been buying? | the promoters have held steady | promoters 47.3%, 47.3% → 47.3% over 2.8 years · FIIs 1.8% (+0.4) · DIIs 1.4% (−0.2) · shareholders 39,442 → 57,904 |
| What does it earn on its capital? | earns a fair return on its capital | ROCE 15.6% · ROE 13.9% |
Fetched from the filings, not typed — and deliberately not part of the score. These are the questions the score cannot ask: it reads growth, price and trend, so a company can score well while its profit never becomes cash. Weigh these beside the note, not against the number.
Screener's own checklist not mine, not the score
In its favour
- Company is expected to give good quarter
- Company has delivered good profit growth of 57.2% CAGR over last 5 years
Against it
- Company might be capitalizing the interest cost
Generated by screener.in from a fixed checklist — not written by me and not an input to the score. It is here as a second machine opinion to weigh against the note; where it disagrees with the view above, the note is the considered one.