Sanghvi Movers Earnings Call Transcript: Key Takeaways
Q2 revenue rose 32% YoY to ₹277 Cr, but Q2 margin softened, Saudi ramp stalled, and FY27 guidance was reaffirmed, not raised.
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Q2 revenue rose 32% YoY to ₹277 Cr, but Q2 margin softened, Saudi ramp stalled, and FY27 guidance was reaffirmed, not raised.
Q2 revenue rose 32% YoY to ₹277 Cr with 36% EBITDA margin; H1 total income ₹689 Cr. Strategy is ELEVATE 2030, pivoting to a hybrid capital-allocator model.
Sanghvi Movers delivered strong Q1 FY27 growth, driven by massive demand in renewables and industrial sectors, alongside successful expansion into the Middle East with positive EBITDA performance in Saudi Arabia.
SML reported robust Q1 FY27 results with 40% YoY revenue growth to ₹393 Cr. Strategy focuses on 'Elevate 2030' through international expansion and renewable energy services.
SML reported robust FY26 performance with 36.9% revenue growth and strong crane utilization. Strategy focuses on diversifying into renewables (EPC) and Middle East expansion.
Sanghvi Movers delivered a robust FY26 with 37% revenue growth, driven by India's infrastructure boom and KSA expansion, though margins face dilution from the lower-margin EPC business.
Sanghvi Movers delivered record FY26 performance with ₹1,100cr revenue (36.9% growth) under its 'ELEVATE 2030' strategy, focusing on international expansion into Saudi Arabia and GCC markets.