What we do Sanghvi Movers Ltd is a leading crane rental company, providing heavy-duty hydraulic and crawler cranes for infrastructure, energy, and construction sectors across India and globally. |
Founded in 1,989 |
Market share Dominates Indian crane rental market with 40-45% overall share and 60-65% in >400 MT segment; 5th largest globally. |
Problem solved Solves heavy lifting and logistics challenges in large infrastructure, power, oil & gas, and renewable energy projects with reliable crane and lifting solutions. |
Top clients or who we serve B2B clients in infrastructure, power generation, oil & gas, wind energy, construction, and large industrial installations across India and Middle East. |
Key management Mr. Rishi C. Sanghvi, Managing Director, holds MBA from Cornell and leads growth, strategy, and global expansion efforts. |
Our journey and innovations From 1989 start, expanded fleet to 485+ cranes; diversified into wind power EPC; global expansion with subsidiaries in Vietnam, KSA, and Africa. |
Where we operate Primarily India, growing presence in Saudi Arabia, Botswana, Qatar, and Vietnam with 15 depots nationwide. |
Top products or what we offer Heavy-duty crane rentals (40-1600 MT), wind EPC turnkey solutions, project EPC services, and specialized logistics for heavy equipment. |
Top brands Flagship is Sanghvi Movers crane fleet; subsidiaries include Sangreen Renewables, Sangreen Logistics, Sanghvi Movers Middle East. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mostly recurring through rental contracts; large projects create cyclical demand peaks. |
Our industry position Market leader in India, among top five globally; strong safety and operational excellence reputation. |
Financial highlights FY25 consolidated revenue ₹822.86 Cr, PAT ₹156.52 Cr; 73% fleet utilization; robust cash generation and strategic capex investments. |
Geographical revenue split Majority from India; growing contributions from Middle East and Africa operations. |
Order book Strong order book of ₹1860 Cr in FY26 with 85% billed and ongoing projects fueling growth. |
Whats driving growth Infrastructure boom, energy projects, renewable installations, and geographic expansion drive demand. |
Our future plans Expanding crane fleet, entering new markets in Africa and Middle East, enhancing EPC and logistics services. |
Our green promise Committed to sustainability with wind power generation and ESG-aligned operations. |
Our people and values Over 650 employees focusing on safety, training, and performance-driven culture. |
Key challenges ahead Site clearances, monsoon delays, and managing capex while maintaining safety and profitability. |
Interesting facts 5th largest crane rental globally; first Indian company with over 400 cranes exceeding 400 MT capacity. |
Risks and strategy Mitigates risks via diversified portfolio, strict safety norms, continuous fleet modernization, and expanding service offerings. |
