Sanghvi Movers Ltd

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NSEBSE

1167.35-29.00 (-2.42%)

12:00 AM,2nd Mar 2024

1170.15-32.00 (-2.66%)

12:00 AM,2nd Mar 2024

BSE : 530073

NSE : SANGHVIMOV

Sector : Others

ISIN Code : INE989A01024

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Last Updated: Mar 02 2024 | 12:00 AM IST

Market Cap (₹ Cr)

5054

Turnover (₹ Cr)

1.08

Volume (Shares)

92440

Face Value

2

52-WK High

1254.00

52-WK High Date

01 Mar 2024

52-WK Low

305.10

52-WK Low Date

28 Mar 2023

All Time High

1254.00

All Time High Date

01 Mar 2024

All Time Low

35.50

All Time Low Date

22 Aug 2013

Sanghvi Movers Ltd

Sanghvi Movers Ltd a flagship company of the Sanghvi Group is one of the largest cranes hiring Company in India third largest in Asia and ranked tenth largest in the world. The company's main business is operation of cranes. They are engaged in the business of providing hydraulic and crawler cranes to various industries in the infrastructure areas with a fleet of 426 medium-to large-size hydraulic trucks mounted telescopic and lattice boom cranes and crawler cranes with lifting capacity ranging from 20 tons to 800 tons. The company's service network includes various depots located at Pune Vadgaon Chakan Nagpur Jamnagar Bharuch Delhi Cuttack Bangalore Chennai and others. The sectors serviced by the company include wind power steel power refinery cement metals construction and paper. The company also has operations in power generation wind mills of 5.05 megawatts installed in states of Rajasthan and Karnataka.Sanghvi Movers Ltd was incorporated in the year 1989 and converted into a public limited in the year 1994. The company was promoted by C P Sanghvi and A P Sanghvi. In the year 1995 the company came out with a public issue at a premium of Rs 75 to part finance the acquisition of equipment and assets to expand its activities.During the year 1997-98 the company imported 28 cranes worth Rs 26 crore from Singapore for meeting the requirements of Reliance Petroleum Ltd for their Refinery at Jamnagar and Oil & Natural Gas Corporation Ltd for their Oil Field Project. In March 1998 the company took over the entire Cranes Division of a group company namely Maharashtra Erectors Ltd along with all their assets and liabilities on the going concern basis.During the year 1999-2000 the company completed the erection jobs for refinery at Reliance Petroleum Ltd Jamnagar. During the year 2000-01 the company set up depot/ workshop at Baruch and Chennai for reducing mobilization cost and ensures timely deployment of cranes in these regions.During the year 2003-04 the company diversified their business activities and ventured in the Business of Power Generation by commissioning 5.05 MW Wind Mills of Rs 21.90 crore in Jaisalmer Rajasthan and Chitradurga Karnataka. Power Generation from Wind Mills commenced on September 30 2003. The company purchased additional cranes of Rs 21.61 crore as expansion programme. The company completed expansion in cranes of Rs 81 crore during the year 2004-05 Rs 170 crore during the year 2005-06 and Rs 180 crore during the year 2006-07. During the year 2007-08 the company imported 34 Nos cranes and some attachments aggregating Rs 22048.43 lakh. Also they purchases two lands at Jamnagar and Gadag (Karnataka) for depot purposes.The Business of Power Generation from Windmills was commissioned in Jaisalmer Rajasthan and Chitradurga Karnataka in 2009-10. During FY 2021-22 the Company incorporated its wholly owned subsidiary namely Sanghvi Movers Vietnam Company Limited at Vietnam on 16 September 2021. It focused on optimum crane utilisation of its crane fleet and resulting to this the average capacity utilisation of crane fleet improved to 76% in Financial Year 2021-22.

Sanghvi Movers Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

5054

EPS - TTM (₹) [S]

40.22

P/E Ratio (X) [S]

5.60

Face Value (₹) 2
Latest Dividend (%)200.00
Latest Dividend Date 04 Aug 2023
Dividend Yield (%) 0.34
Book Value Share (₹) [S]208.62
P/B Ratio (₹) [S]5.60
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
ITI Flexi Cap Fund - Regular (G) 7.03 91109 1.16
ITI Flexi Cap Fund - Regular (IDCW) 7.03 91109 1.16
ITI Flexi Cap Fund - Direct (G) 7.03 91109 1.16
ITI Flexi Cap Fund - Direct (IDCW) 7.03 91109 1.16
Mahindra Manulife Equity Savings Fund (G) 2.70 35000 0.61
Mahindra Manulife Equity Savings Fund (IDCW) 2.70 35000 0.61
Mahindra Manulife Equity Savings Fund - Dir (G) 2.70 35000 0.61
Mahindra Manulife Equity Savings Fund - Dir (IDCW) 2.70 35000 0.61

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

1151.25

1243.00

Week Low/High

1091.05

1254.00

Month Low/High

785.00

1254.00

Year Low/High

305.10

1254.00

All time Low/High

0.76

1254.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week0.01%-0.01%0.910.75%
1 Month42.97%43.35%2.392.40%
3 Month51.07%51.16%9.3710.41%
6 Month57.26%56.85%12.8815.14%
1 Year233.67%234.01%25.2929.19%
3 Year1039.99%1035.00%46.7450.00%

Company Info

Company Information

Chairman & Independent Directo : S Padmanabhan

Non-Exec. & Independent Dir. : Pradeep R Rathi

Non-Exec. & Independent Dir. : Dara N Damania

Joint Managing Director & CFO : Sham D Kajale

Non-Exec. & Independent Dir. : Dinesh H Munot

Company Sec. & Compli. Officer : Rajesh Likhite

Non-Exec. & Independent Dir. : Madhukar V Kotwal

Managing Director : Rishi C Sanghvi

Non-Exec & Non-Independent Dir : Maithili Sanghvi

Non-Exec. & Independent Dir. : Madhu Dubhashi

Registered Office: Survey No 92, Tathawade Taluka Mulshi,Pune,Maharashtra-411033 Ph: 91-20-66744700

Email:cs@sanghvicranes.com

URL:http://www.sanghvicranes.com