Sanghvi Movers Ltd, India’s leading crane rental service provider, is aiming for 25–30% top-line growth in FY26, backed by a strong order book and expansion into the wind EPC segment.
Strategic Growth and Market Expansion
The company expects its core crane rental business to grow by 10–15%, while its wind EPC segment is projected to double in revenue, with an EBITDA margin of 10–12%. Additionally, Sanghvi Movers plans to double its project EPC business, targeting an EBITDA margin of 8–10%.
Q4 FY25 Performance and Market Trends
Despite a year-on-year contraction in net profit and EBITDA in Q4 FY25, the company reported a profit after tax of ₹53.83 crore, 79% capacity utilization, and a 2% blended average yield. Managing Director Rishi Sanghvi highlighted that economic recovery post-general elections and improved government spending will drive growth in the coming fiscal year.
International Expansion and Saudi Arabia Market Entry
Sanghvi Movers is also expanding its crane operations internationally, particularly in Saudi Arabia, where large-scale infrastructure projects are creating new revenue opportunities. The company is bullish on growth prospects in the region, aiming to replicate its success from India in the Saudi market.
