Sanghvi Movers Ltd Share Price – NSE  / BSE

Miscellaneous, Small Cap

Sanghvi Movers has incorporated wholly owned step-down subsidiary in Qatar in the name and style of Sanghvi Mover Middle East Heavy Lift.

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Net profit of Sanghvi Movers rose 77.50% to Rs 32.66 crore in the quarter ended December 2025 as against Rs 18.40 crore during the previous quarter ended December 2024. Sales rose 44.96% to Rs 172.57 crore in the quarter ended December 2025 as against Rs 119.05 crore during the previous quarter ended December 2024.

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Sanghvi Movers will hold a meeting of the Board of Directors of the Company on 6 February 2026.

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According to an exchange filing, the order pertains to engineering, procurement and construction (EPC) services for wind balance of plant (BoP) works. The scope includes construction of wind turbine generator (WTG) civil foundations, civil re-engineering works, if required, leasing and development of temporary pathways, development of internal roads and external logistics roads, crane platforms and crane boom assembly areas.

It also covers inter-carting of WTGs from storage yards to their respective locations, installation of WTGs, mechanical completion, pre-commissioning activities, internal 33 kV line works, development of DP yards for the WTGs, and obtaining permits and approvals necessary for project commissioning.

The contract involves a total capacity of 270.6 MW. The project is scheduled to commence in the third quarter of FY 2025?26 and is expected to be completed by the first quarter of FY 2027?28.

The company also clarified that neither its promoters nor members of the promoter group have any interest in the awarding authority, and the transaction does not qualify as a related-party transaction under applicable regulatory norms.

Sanghvi Movers provides medium- to heavy-duty cranes on a rental basis to various private and public sector undertakings.

The company reported a 24.6% rise in consolidated net profit to Rs 36.27 crore, on an 34.4% increase in revenue from operations to Rs 209.90 crore in Q2 FY26 over Q2 FY25.

The counter jumped 5.20% to Rs 347.05 on the BSE.

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