Is Sanghvi Movers a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sanghvi Movers Ltd is a average quality company .

Is Sanghvi Movers undervalued or overvalued?

The key valuation ratios of Sanghvi Movers Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Sanghvi Movers share price return in the past 10 years?

Sanghvi Movers Ltd share price has appreciated 12.7% annually (CAGR) over the past ten years.

Is Sanghvi Movers a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sanghvi Movers Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Sanghvi Movers Ltd - Stock Valuation and Financial Performance

Name: Sanghvi Movers
Brand: Sanghvi Movers

BSE: 530073 | NSE: SANGHVIMOV | Construction Vehicles | Small Cap

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Sanghvi Movers Share Price

₹310.40 1.75 0.57%
as on 26-Dec'24 15:15

10 Year X-Ray of Sanghvi Movers:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	6.3%	19.4%	16.4%	-2.4%	-3.1%	1.8%	-0.6%	6.3%	17.2%	23.8%	-
Value Creation Index ⓘ	-0.6	0.4	0.2	-1.2	-1.2	-0.9	-1.0	-0.6	0.2	0.8	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	308	531	553	228	282	323	224	335	456	619	612
Sales YoY Gr.	-	72.2%	4.2%	-58.7%	23.6%	14.3%	-30.7%	49.8%	36%	35.7%	-
Adj EPS ⓘ	0.5	13	12.3	-8.1	-7.7	-1	-3.5	3.1	12	20.5	20.3
YoY Gr.	-	2661.7%	-5.4%	-166%	NA	NA	NA	NA	284.9%	70.8%	-
BVPS (₹) ⓘ	75.6	87.3	99.5	91.1	84.7	83.9	81.9	84.8	97.2	116.9	122
Adj Net Profit ⓘ	4.1	112	106	-70.2	-66.2	-8.8	-30	26.9	104	177	176
Cash Flow from Ops. ⓘ	208	258	311	126	128	163	119	130	257	304	-
Debt/CF from Ops. ⓘ	1.6	2.3	1.7	4.3	3.5	1.9	1.7	1.3	0.7	1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	8.1%	17%	40.4%	35.7%
Adj EPS ⓘ	52.1%	NA	NA	70.8%
BVPSⓘ	5%	6.7%	12.6%	20.3%
Share Price	12.7%	51.8%	42.7%	-24.8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	0.6	15.9	13.2	-8.5	-8.7	-1.2	-4.2	3.7	13.2	19.1	17
Op. Profit Mgn % ⓘ	57.9	63.3	66.3	36.6	31.6	48.5	41.7	41.4	57.7	61.6	57.2
Net Profit Mgn % ⓘ	1.3	21.2	19.2	-30.8	-23.5	-2.7	-13.4	8	22.7	28.6	28.7
Debt to Equity ⓘ	0.5	0.8	0.6	0.7	0.6	0.4	0.3	0.2	0.2	0.3	0.2
Working Cap Days ⓘ	207	132	153	335	205	144	192	145	140	127	129
Cash Conv. Cycle ⓘ	156	82	91	234	128	65	103	92	84	72	60

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 17.00%

Sales growth is growing at healthy rate in last 3 years 40.35%

Sales growth is good in last 4 quarters at 15.91%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Sanghvi Movers Ltd.

	Standalone	Consolidated
TTM EPS (₹)	20.3	20.1
TTM Sales (₹ Cr.)	612	580
BVPS (₹.) ⓘ	122	121.9
Reserves (₹ Cr.) ⓘ	1,047	1,047
P/BV ⓘ	2.53	2.53
PE ⓘ	15.22	15.34

From the Market
52 Week Low / High (₹)	301.45 / 741.50
All Time Low / High (₹)	0.38 / 741.50
Market Cap (₹ Cr.)	2,672
Equity (₹ Cr.)	8.7
Face Value (₹)	1
Industry PE ⓘ	35.6

Management X-Ray of Sanghvi Movers:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Sanghvi Movers

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Sanghvi Movers

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	308	531	553	228	282	323	224	335	456	619
Operating Expenses ⓘ	130	202	187	145	193	166	137	197	199	238
Manufacturing Costs	82	124	130	84	114	111	87	126	133	159
Material Costs	0	0	0	0	0	0	0	0	0	0
Employee Cost	16	22	22	15	19	20	20	25	32	41
Other Costs ⓘ	31	56	35	46	60	35	29	47	34	38
Operating Profit ⓘ	178	329	366	84	89	157	87	138	257	381
Operating Profit Margin (%)	57.9%	61.9%	66.3%	36.6%	31.6%	48.5%	39.0%	41.1%	56.4%	61.6%
Other Income ⓘ	7	25	10	20	13	3	29	37	30	28
Interest ⓘ	43	55	65	55	48	41	26	17	17	25
Depreciation ⓘ	120	126	150	137	141	140	122	118	121	132
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	23	172	161	-88	-86	-21	-32	39	149	252
Tax ⓘ	15	65	52	-30	-28	-15	-10	10	37	64
Profit After Tax	8	107	109	-57	-58	-7	-22	29	112	188
PAT Margin (%)	2.6%	20.1%	19.7%	-25.2%	-20.6%	-2.0%	-10.0%	8.8%	24.6%	30.4%
Adjusted EPS (₹)	0.9	12.4	12.6	-6.6	-6.7	-0.8	-2.6	3.4	12.9	21.7
Dividend Payout Ratio (%)	27%	12%	16%	0%	0%	0%	0%	15%	15%	14%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	654	755	861	789	733	726	709	734	842	1,012
Share Capital ⓘ	9	9	9	9	9	9	9	9	9	9
Reserves ⓘ	646	747	853	780	725	718	700	725	833	1,003
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	271	463	454	471	354	219	154	120	163	257
Long Term Debt	271	462	410	459	328	208	149	120	94	161
Short Term Debt	0	1	44	12	26	11	5	0	70	96
Trade Payables	11	20	18	17	17	21	16	21	17	29
Others Liabilities ⓘ	164	257	210	168	140	127	78	90	98	126
Total Liabilities ⓘ	1,100	1,496	1,543	1,445	1,244	1,092	958	964	1,121	1,424
Fixed Assets
Gross Block	1,717	1,377	1,514	1,570	1,558	1,531	1,517	1,563	1,759	1,998
Accumulated Depreciation	826	126	240	332	450	570	685	797	904	985
Net Fixed Assetsⓘ	891	1,251	1,274	1,238	1,108	961	833	766	855	1,012
CWIP ⓘ	18	5	0	4	0	0	0	0	7	15
Investmentsⓘ	7	8	15	0	0	0	12	30	36	71
Inventories	10	11	14	12	12	11	7	5	4	6
Trade Receivables	124	155	166	135	73	62	81	121	140	179
Cash Equivalents	28	4	3	3	4	3	2	10	21	81
Others Assetsⓘ	23	63	71	54	46	55	23	32	57	60
Total Assets ⓘ	1,100	1,496	1,543	1,445	1,244	1,092	958	964	1,121	1,424

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	208	258	311	126	128	163	119	130	257	304
PBT ⓘ	23	172	161	-88	-86	-21	-32	39	149	252
Adjustment ⓘ	160	188	207	173	177	178	131	120	115	133
Changes in Working Capital ⓘ	24	-40	-12	51	43	5	12	-30	-6	-18
Tax Paid ⓘ	1	-62	-45	-10	-5	2	8	0	-1	-62
Cash Flow From Investing Activity ⓘ	-34	-487	-189	-44	19	9	21	-76	-237	-346
Capex	-49	-491	-171	-60	19	9	-1	-58	-205	-287
Net Investments	14	2	-21	15	0	0	22	-18	-33	-62
Others ⓘ	1	1	4	0	0	0	0	0	1	3
Cash Flow From Financing Activityⓘ	-151	205	-123	-82	-145	-174	-141	-48	-15	68
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-44	-47	-61	-61	-49	-41	-26	-16	-18	-14
Dividend Paid ⓘ	0	-15	0	-17	0	0	0	0	-4	-17
Others ⓘ	-107	267	-62	-4	-96	-133	-116	-32	7	100
Net Cash Flow ⓘ	23	-24	-1	0	2	-1	-2	6	5	27

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	1.24	15.17	13.51	-6.97	-7.63	-0.9	-3.12	4.08	14.22	20.28
ROCE (%)	6.27	19.37	16.41	-2.43	-3.09	1.78	-0.58	6.29	17.2	23.82
Asset Turnover Ratio	0.27	0.41	0.36	0.15	0.21	0.28	0.22	0.35	0.44	0.49
PAT to CFO Conversion(x)	26	2.41	2.85	N/A	N/A	N/A	N/A	4.48	2.29	1.62
Working Capital Days
Receivable Days	161	96	106	240	134	77	117	110	105	94
Inventory Days	12	7	8	21	16	13	14	6	4	3
Payable Days	0	0	0	0	0	0	0	0	0	0

Sanghvi Movers Ltd Stock News

Sanghvi Movers Ltd FAQs

What is the share price of Sanghvi Movers?

Company share prices are keep on changing according to the market conditions. The closing price of Sanghvi Movers on 26-Dec-2024 15:15 is ₹310.4.

What is the market cap of Sanghvi Movers?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 26-Dec-2024 15:15 the market cap of Sanghvi Movers stood at ₹2,672.2.

What is the P/E ratio of Sanghvi Movers?

The latest P/E ratio of Sanghvi Movers as of 26-Dec-2024 15:15 is 15.22.

What is the P/B ratio of Sanghvi Movers?

The latest P/B ratio of Sanghvi Movers as of 26-Dec-2024 15:15 is 2.53.

What is the 52-week high and low of Sanghvi Movers?

The 52-week high of Sanghvi Movers is ₹741.5 and the 52-week low is ₹301.4.

What is the TTM revenue of Sanghvi Movers?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sanghvi Movers is ₹611.7 ( Cr.) .

About Sanghvi Movers Ltd

Sanghvi Movers Limited (SML) is the largest crane rental company in India and Asia, and the fifth-largest in the world as ranked by International Cranes (June 2021). Headquartered in Pune, SML was incorporated in 1989 and went through an Initial Public Offering in 1994. The shares of the company are traded on the Bombay Stock Exchange and National Stock Exchange.

SML is an ISO 9001:2015, ISO 14001:2015 & ISO 45001:2018 certified company. The company has a fleet of many medium to large-sized heavy-duty telescopic and crawler cranes ranging from 20 to 1000 MT across various operational job sites in India.

The company’s fleet is primarily catered for the construction of various industrial plants like Power, Steel, Cement, Fertilizers, Petrochemicals & Refineries, Metros (underground as well as elevated) and Windmill sector. The company also has many High Bed Trailers and lots of multi-axle lines which are being used for the movement of its crane and crane parts from one location to another.

Business area of the company

The company is engaged in the business of providing hydraulic and crawler cranes to various industries in the infrastructure sector.

Milestones

1989: Established by Chandrakant P. Sanghvi.
1995: SML was listed on the BSE and raised Rs 17.50 crore.
1997-98: Deployed a capex of Rs 55 crore to meet requirement of projects: Reliance Petroleum Refinery at Jamnagar and ONGC-Oil field project.
2007: Raised Rs 72 crore of equity on preferential share allotment basis to a well-known Goldpeak Ltd., investment arm of CLSA Private Equity Firm. Fund were deployed towards capex and initiation of debt reduction.
2008: Focused on Wind Energy.
2011: Awarded 7th largest crane company in the world by International Crane Magazine.
2015-18: SML added Rs 815 crore worth of crane fleet in form of growth Capex.
2019: Awarded 6th largest ranking in the world by International Crane Magazine.
2020: Awarded 5th largest ranking in the world by International Crane Magazine.
2021: Awarded 5th largest ranking in the world by International Crane Magazine.
2021: maintained average utilization of 56% despite Covid-19 scenario and significantly reduced its debt by Rs 345 crore in last 3 years.