Sanghvi Movers Limited has announced its financial results for the fourth quarter and full financial year ended March 31, 2026, reporting strong revenue growth, improved operational performance and continued progress in its domestic and international expansion strategy. The Pune-headquartered company, recognized as the world’s fifth largest and India’s largest crane rental enterprise, delivered its highest-ever annual total income during FY26 despite a challenging global operating environment marked by geopolitical tensions, supply chain disruptions and delays in infrastructure project execution.
For the fourth quarter of FY26, revenue from operations rose to ₹351 crore compared with ₹267 crore in the corresponding quarter of the previous year, reflecting year-on-year growth of 31.5 percent. EBITDA for the quarter increased 26.5 percent to ₹143 crore, while profit after tax climbed 27.8 percent to ₹69 crore. EBITDA margin stood at 40.1 percent, while PAT margin reached 19.7 percent during the quarter.
For the full financial year FY26, consolidated revenue from operations increased 36.8 percent year-on-year to ₹1,070 crore compared with ₹782 crore in FY25. EBITDA grew 15.6 percent to ₹429 crore, while profit after tax rose 17.2 percent to ₹184 crore. EBITDA and PAT margins for the year stood at 40.1 percent and 17.2 percent respectively.
The company also highlighted several operational milestones achieved during the year. Sanghvi Movers successfully commissioned all crane deployments in Botswana according to schedule, reinforcing its execution capabilities and operational reliability in international markets. The company further strengthened its safety credentials by receiving multiple client awards for excellence in health, safety and environmental performance. Operational efficiency improvements across India also contributed to stronger performance, with crane utilization levels reaching 79 percent and yield improving to 2.12 percent during FY26.
Commenting on the results, Managing Director Rishi Sanghvi said the company demonstrated resilience and agility despite global uncertainties affecting industrial and infrastructure sectors. He noted that Sanghvi Movers continued to benefit from a diversified order book and a strong business pipeline that provides visibility for future growth.
The company is advancing its long-term “ELEVATE 2030” transformation strategy with a focus on expanding internationally, strengthening customer partnerships and improving service offerings. Sanghvi Movers is also increasing its presence across Saudi Arabia and the broader Middle East and North Africa region, which management views as a key growth market over the coming years.
Sanghvi Movers operates a fleet of more than 500 cranes with lifting capacities ranging from 20 metric tonnes to 1,600 metric tonnes. The company provides integrated heavy-lift, project logistics and material handling solutions across sectors including renewable energy, infrastructure, power, petrochemicals, steel, cement and construction.
