SANGHVIMOVServices

Sanghvi Movers Limited

Diversified Commercial Services · ISIN INE989A01032 · BSE 530073 · NSE EQ · FV ₹1
Last price
₹345
+7.13%today
What this company does

Sanghvi Movers Limited operates in Diversified Commercial Services, part of the Services sector. It booked ₹277 cr of revenue in its latest quarter (Q2 FY27) and kept 14.6% of sales as profit.

“SANGHVI Key strengths Presence SML’s nationwide footprint ensures optimal service delivery, reaching clients from metropolitan hubs to remote industrial sites. This expansive reach underscores our commitment to being exactly where Strength Outcome our clients need us—delivering reliability, consistency, and scale across India.”
In the report:
60out of 100
Equitytale Health Score
Mixed

Healthier than 60% of companies in Services, on all six measures of filed financials. Each measure is ranked against the 34–117 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
36

At close. Not part of the score.

Profitability & returns58

How much profit it earns on the money it employs

Balance sheet36

How much it owes, and whether earnings cover the interest

Cash quality58

Whether reported profit actually arrives as cash

Growth & consistency96

Whether sales and profit have grown, and how steadily

Valuation33

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 32% vs last year
✓ Profit up 11% vs last year
✓ Promoters hold 47%
✓ No promoter shares pledged
✓ Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in SANGHVIMOV?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹345▲ +7.13%
latest close · 2026-11-04
52-wk low ₹29774 sessions so far52-wk high ₹528
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio18.5Average
LowAverageHigh
P/B ratio2.13Moderate
Below bookModerateHigh
EV / EBITDA8.7Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity11.5%Fair
WeakFairStrong ▸15%
Return on capital13.3%Fair
WeakFairStrong
Net margin14.6%Decent
ThinDecentStrong
EBITDA margin38.3%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.55Moderate
LowModerateHigh ▸1
Interest cover4.7×Okay
RiskyOkayStrong ▸5×
Current ratio1.78Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹2,985 cr
Book value
₹162
EPS
₹4.66
latest quarter
Net debt
₹705 cr
owes more than its cash
Enterprise value
₹3,691 cr
EBITDA
₹424 cr
annualised
EBIT
₹275 cr
annualised
Operating margin
24.9%
Return on assets
6.4%
Earnings yield
5.41%
P/S
2.69
Sales / share
₹128.0
Tax rate
25.4%
Face value
₹1
Shares
8.7 cr
Working capital
₹361 cr
Current assets
₹824 cr
Current liabilities
₹463 cr
Delivery %
43.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹184 vs market price ₹345 — price is 87% above it
Safety cushion-87.1%(target ≥ +20%)
Models span ₹157–₹212, midpoint ₹184
Model ₹184
Price ₹345
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹277 cr
Other Income₹19 cr
Total Income₹296 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹31 cr
Finance Costs₹15 cr
Depreciation & Amortisation₹37 cr
Other Expenses₹160 cr
Total Expenses₹242 cr
Profit before Tax₹54 cr
Tax Expense₹14 cr
Net Profit₹40 cr
Net margin on total income13.6%
Where the money goes · Q2 FY27
% of total income
Employee benefit expense₹31 cr10.4%
Finance costs₹15 cr5.0%
Depreciation & amortisation₹37 cr12.5%
Other expenses₹160 cr53.9%
Tax expense₹14 cr4.6%
Profit for the period₹40 cr13.6%
Total income ₹296 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue351 cr380 cr277 cr
Total income360 cr393 cr296 cr
Expenses266 cr305 cr242 cr
Profit before tax95 cr88 cr54 cr
Tax26 cr22 cr14 cr
Net profit (owners' share)69 cr65 cr40 cr
Net margin (owners' share, on revenue)19.6%17.2%14.6%
EPS (₹)7.957.544.66
YoY (latest quarter): total income +36.1% · net profit +11.2%
Balance sheet & cash flow · as of Sep 2026
Moderate debt
Total assets
₹2,532 cr
Shareholder equity
₹1,398 cr
parent shareholders
Total debt
₹769 cr
Cash
₹64 cr
Cash flow · H1 FY27
Operating
₹231 cr
Investing
₹-258 cr
Financing
₹50 cr
Peer comparison
Diversified Commercial Services · by market value
CompanyPriceMarket capP/E
International Gemological Institute Limited₹408₹17,626 cr23.7
WeWork India Management Limited₹663₹9,213 cr113.6
Bluspring Enterprises Limited₹143₹7,552 cr—
Nesco Limited₹1,037₹7,305 cr17.4
Indiabulls Limited₹30₹6,751 cr11.8
Smartworks Coworking Spaces Limited₹484₹5,540 cr54.1
LEAP India Limited₹113₹4,975 cr65.7
Quess Corp Limited₹319₹4,762 cr15.8
Inox Green Energy Services Limited₹115₹4,610 cr28.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.58%
trailing 12 months
Dividend / share (TTM)
₹2
Last dividend
₹2
ex 14 Aug 2026
ActionDetailEx-date
Dividend₹2 / share14 Aug 2026
Dividend₹2 / share12 Sep 2025
Stock splitStock Split From Rs.2/- to Rs.1/-27 Sep 2024
Dividend₹6 / share20 Aug 2024
Dividend₹4 / share4 Aug 2023
Dividend₹1 / share10 Aug 2022
Who owns it · 2026-09-30
No pledge
Promoter
47.3%
FII / Foreign
2.3%
DII / Domestic
1.5%
Retail / others
49.0%
Smart-money activity
Insider trades
BoughtGaurang Desai · KMP500 · ₹42821 Sep 26
SoldRishi Sanghvi · Promoter1.06 cr10 Sep 26
BoughtMaithili Rishi Sanghvi · Promoter Group1.06 cr10 Sep 26
Bulk / block deals
short— · NSE113 Sep 26
short— · NSE1,63010 Aug 26
short— · NSE2502 Jul 26
Stake changes
SoldMr. Rishi Sanghvi · promoter→ 16.63% · 1.06 cr10 Sep 26
BoughtMaithili Rishi Sanghvi · promoter→ 13.19% · 1.06 cr10 Sep 26
BoughtMaithili Rishi Sanghvi · promoter→ 13.19% · 1.06 cr10 Sep 26
Promoter pledges
ReleasedDena Bank6.00 L · 1.39% held14 Dec 15
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 24 Aug 2026
See the official result
1
1 - To receive, consider and adopt the Audited Standalone and Consolidated financial statements of the Company for the Financial Year ended March 31, 2026 together with Report of the Board of Directors and Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
85.26 L votes for, 165 against · 0% of mutual funds and other big investors said no
2
2 - To declare Final Dividend on equity shares for the Financial Year 2025-26.
Backed by 100% of shareholders other than promotersneeded 50%
85.39 L votes for, 28 against · 0% of mutual funds and other big investors said no
3
3 - Appointment of M/s MSKA & Associates LLP as the Statutory Auditors of the Company
Backed by 100% of shareholders other than promotersneeded 50%
85.39 L votes for, 167 against · 0% of mutual funds and other big investors said no
4
4 - To appoint a Director in place of Mr. Rishi C. Sanghvi (DIN: 08220906), who retires by rotation and being eligible, offers himself for re- appointment.
Backed by 100% of shareholders other than promotersneeded 50%
85.39 L votes for, 165 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 5 named members
owning 47.3% between them · as of 2026-09-30
Rishi Chandrakant Sanghvi16.63%
Maithili Rishi Sanghvi13.19%
Mina Chandrakant Sanghvi11.60%
Niyoshi Chandrakant Sanghvi5.78%
Jethi Builders And Traders Pvt. Ltd.0.06%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.