Sanghvi Movers' ₹1,582 Cr Order Book Jumps 26%: Is ₹1,500 Cr Revenue Within Reach? | Business News
ET Now · 03 Nov 2026 · 6 min
Management interview of Sanghvi Movers Ltd (SANGHVIMOV), with 6 key numbers discussed.
- Rishi Sanghvi, MD, Sanghvi Movers
Sanghvi Movers reported that change in revenue mix and monsoons impacted Q2 EBITDA margins, but full-year margins are expected to recover. The company expects FY27 topline growth of 30-40% and absolute EBITDA growth of 20-30%, hitting its annual revenue target of Rs 1,400-1,500 cr. Around Rs 80-90 cr of Saudi Arabia capex is postponed to next year due to delays, with Rs 250-260 cr to be deployed in KSA and Qatar in FY27. Strong demand in the renewable wind engineering and construction segment is expected to outpace targets and offset KSA revenue shortfalls.