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Sanghvi Movers Ltd

Q2 FY27Commercial Services & Supplies

Sanghvi Movers Q2 Results 2026 (FY27): Revenue ₹277 Cr, PAT ₹40 Cr

Q2 FY27 investor presentation: what the company reported on revenue, margins and capex.

Price₹316
Market cap₹2.7K Cr
P/E13.4
Updated2 Nov 2026
Read5 min read

Based on Sanghvi Movers Ltd's Q2 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.

The short version

Q2 FY27 Revenue from Operations: ₹277 Cr, up 32% YoY from ₹210 Cr in Q2 FY26 (Page 41). Quarterly EBITDA: ₹106 Cr, up 20% YoY from ₹88 Cr in Q2 FY26 - EBITDA Margin: 36% in Q2 FY27, compared to 41% in Q2 FY26 (a decline of 5 percentage points YoY) - Profit After Tax (PAT): ₹40 Cr, up 11% YoY from ₹36 Cr in Q2 FY26 - PAT Margin: 14% in Q2 FY27, compared to 17% in Q2 FY26 - Operating Margin (PBT before exceptional items): ₹54 Cr, up 9% YoY from ₹50 Cr, with PBT margin at 18% in Q2 FY27 vs 23% in Q2 FY26 - Explicit Margin Outlook: The presentation notes a structurally intact EBITDA margin at 46% for H1 FY27 (down from 53% in FY26) with declines attributed to seasonality, revenue mix shift to ancillary equipment, a one-time incentive, project EPC losses, and other operating costs.

From Sanghvi Movers Ltd's Q2 FY27 earnings-call transcript · updated 2 Nov 2026.

Revenue & Sales Performance

  • Q2 FY27 Revenue from Operations: ₹277 Cr, up 32% YoY from ₹210 Cr in Q2 FY26 (Page 41).
  • Total Income for Q2 FY27: ₹296 Cr, a 36% YoY increase from ₹218 Cr in Q2 FY26 (Page 41).
  • H1 FY27 Revenue from Operations: ₹657 Cr, 36% YoY growth from ₹483 Cr in H1 FY26 (Page 41).
  • Order Book as of 23 Oct 2026: ₹1,582 Cr, a 26% increase from ₹1,253 Cr on 24 July 2026, indicating 4–5 months of revenue visibility (Pages 24, 26).
  • Fleet Utilisation: 86% in Q2 FY27 for GCC region and 78% overall in H1 FY27 (Pages 27, 37).

2 more points from Sanghvi Movers Ltd's call on revenue

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Profitability & Margins

See what Sanghvi Movers Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • FY27 Capex Plan: ₹583 Cr total (including ₹167 Cr carryover from FY26)
  • SML India: ₹337 Cr available; ₹112 Cr capitalized in H1 FY27; ₹225 Cr pending for H2 FY27
  • SMMEL KSA: ₹246 Cr available; ₹70 Cr capitalized in H1 FY27; ₹176 Cr pending for H2 FY27
  • Note: ₹80 Cr of SMMEL capex deferred from FY27 to FY28 due to shipping and port disruptions
  • Capex Deployment Status:
  • 31% of pool capitalized in H1 FY27; 69% pending for H2 FY27
  • 96% of capex is revenue-generating assets
  • Growth & Expansion:
  • Fleet expanding; gross block increased 45%+ since FY22 to ₹3,391 Cr in H1 FY27
  • Phased procurement due to supply chain and shipping disruptions
  • Strategic expansion into Africa under evaluation (new growth opportunity)
  • SMMEL (KSA) capex deployment delayed to FY28 due to logistical issues
  • Project Updates:

2 more points from Sanghvi Movers Ltd's call on capex

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Top-ranked in Commercial Services & Supplies

Ranked on what management guided this quarter

Guidance-ranked
1Bluspring Enter.
Rev 1Mar 1
2Happy Square
Rev 1Mar 1
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 2Mar 1
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

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Order Book & Pipeline

  • The investor presentation reports an order book of ₹1,582 crore as of 23 October 2026.
  • This represents a 26% increase over the ₹1,253 crore order book on 24 July 2026 (a 13-week period).
  • The growth in the order book was driven by strong contributions from Sanghvi Movers Limited (SML) and Sangreen Future Renewables Private Limited (SFRPL).
  • The strong order book provides confidence in achieving annual targets.

2 more points from Sanghvi Movers Ltd's call on order book

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Sanghvi Movers Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹277 Cr, net profit ₹40 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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What Sanghvi Movers's management said in earlier quarters

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    776.92 lakhs (~68.2% growth). Key results statement takeaways from Transwind Infrastructures Ltd's Q2 FY27 results statement — and how it ranks against sector p

  • Tridhya Tech (Q2 FY27)

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  • Eleganz Interior (Q2 FY27)

    Revenue (Net Sales) for H1FY27: INR 2,000.6 Mn, up 80.2% YoY from INR 1,110.1 Mn in H1FY26 (Page 7). Key investor presentation takeaways from Eleganz Interiors

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Frequently Asked Questions

What were Sanghvi Movers Ltd Q2 FY27 results?

Q2 FY27 Revenue from Operations: ₹277 Cr, up 32% YoY from ₹210 Cr in Q2 FY26 (Page 41). Quarterly EBITDA: ₹106 Cr, up 20% YoY from ₹88 Cr in Q2 FY26 - EBITDA Margin: 36% in Q2 FY27, compared to 41% in Q2 FY26 (a decline of 5 percentage points YoY) - Profit After Tax (PAT): ₹40 Cr, up 11% YoY from ₹36 Cr in Q2 FY26 - PAT Margin: 14% in Q2 FY27, compared to 17% in Q2 FY26 - Operating Margin (PBT before exceptional items): ₹54 Cr, up 9% YoY from ₹50 Cr, with PBT margin at 18% in Q2 FY27 vs 23% in Q2 FY26 - Explicit Margin Outlook: The presentation notes a structurally intact EBITDA margin at 46% for H1 FY27 (down from 53% in FY26) with declines attributed to seasonality, revenue mix shift to ancillary equipment, a one-time incentive, project EPC losses, and other operating costs.

What is Sanghvi Movers Ltd share price analysis?

Sanghvi Movers Ltd currently shows a neutral. The stock trades at a P/E of 13.3 with a market cap of ₹2,736 Cr. Investors should review the full earnings analysis for detailed insights.

Is Sanghvi Movers Ltd planning capital expenditure?

FY27 Capex Plan: ₹583 Cr total (including ₹167 Cr carryover from FY26) - SML India: ₹337 Cr available; ₹112 Cr capitalized in H1 FY27; ₹225 Cr pending for H2 FY27 - SMMEL KSA: ₹246 Cr available; ₹

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.