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Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Sanghvi Movers Ltd

About the Company - Sanghvi Movers Ltd

Sanghvi Movers Ltd. is a Public Limited Listed company incorporated on 03/11/1989 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L29150PN1989PLC054143 and registration number is 054143. Currently Company is involved in the business activities of Renting and leasing of other machinery, equipment and tangible goods. Company’s Total Operating Revenue is Rs. 335.26 Cr. and Equity Capital is Rs. 8.66 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Engineering - HeavySurvey No. 92, Pune Maharashtra 411033cs@sanghvicranes.com
http://www.sanghvicranes.com
Management
NamePosition Held
Mr. Rishi C SanghviManaging Director
Mr. Sham KajaleJoint Managing Director & CFO
Mrs. Maithili R SanghviNon Exe.Non Ind.Director
Mrs. Madhu DubhashiIndependent Director
Mr. Dara DamaniaIndependent Director
Mr. S PadmanabhanIndependent Director
Mr. Pradeep RathiIndependent Director
Mr. Dinesh MunotIndependent Director
Mr. Madhukar KotwalIndependent Director

Sanghvi Movers Ltd. Share Price Update

Share PriceValue
Today₹1,150.75
Previous Day₹1,150.75

Basic Stock Data of Sanghvi Movers Ltd

Market Cap 5,053 Cr.
Current Price 1,167
High / Low1,232/305
Stock P/E29.0
Book Value 209
Dividend Yield0.35 %
ROCE15.2 %
ROE12.4 %
Face Value 2.00

Data Source: screener.in

Competitors of Sanghvi Movers Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Suzlon Energy Ltd 60,091 Cr. 44.650.7/6.95121 2.530.00 %20.8 %% 2.00
Texmaco Rail & Engineering Ltd 6,988 Cr. 182232/40.583.9 35.90.08 %6.63 %1.47 % 1.00
The Anup Engineering Ltd 2,793 Cr. 2,8183,176/95037.9 4680.53 %16.8 %12.4 % 10.0
Windsor Machines Ltd 600 Cr. 92.4105/34.666.3 42.11.08 %6.77 %1.65 % 2.00
Bharat Dynamics Ltd 31,376 Cr. 1,7121,939/87865.9 1840.55 %15.6 %11.3 % 10.0
Industry Average139.8 Cr64.475146.510.45%13.32%5.36%5

Texmaco Rail & Engineering Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales51558176717910997109122127146140
Expenses30434145354474495247505854
Operating Profit21114031363636485775778886
OPM %41%21%49%41%51%45%33%49%52%61%60%60%61%
Other Income1158068224156565
Interest7654454344557
Depreciation31313230302929293131313334
Profit before tax-6-2112-381025193846465650
Tax %29%37%35%25%44%11%25%25%23%25%26%26%26%
Net Profit-4-138-35919142935344237
EPS in Rs-1.00-3.011.80-0.581.052.044.303.356.688.027.849.648.59

Sanghvi Movers Ltd Quarterly Chart

Texmaco Rail & Engineering Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales450339244308531553228282323224335456535
Expenses154107108130176187145193166137197199209
Operating Profit297232136178355366848915787138257326
OPM %66%68%56%58%67%66%37%32%49%39%41%56%61%
Other Income41857-1102013329373022
Interest77634643556555484126171721
Depreciation111118119120126150137141140122118121129
Profit before tax15058-2323172162-88-86-21-3240149198
Tax %32%30%37%65%38%32%35%33%69%30%25%25%
Net Profit10241-148107109-57-58-7-2229112148
EPS in Rs23.519.46-3.351.8624.7125.22-13.28-13.41-1.52-5.186.8025.8834.09
Dividend Payout %13%11%0%27%12%16%0%0%0%0%15%15%

Sanghvi Movers Ltd Profit & Loss Yearly Chart

Sanghvi Movers Ltd Growth

Compounded Sales Growth
10 Years:3%
5 Years:15%
3 Years:12%
TTM:32%
Compounded Profit Growth
10 Years:10%
5 Years:27%
3 Years:129%
TTM:80%
Stock Price CAGR
10 Years:38%
5 Years:65%
3 Years:120%
1 Year:207%
Return on Equity
10 Years:2%
5 Years:0%
3 Years:4%
Last Year:12%

Texmaco Rail & Engineering Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital9999999999999
Reserves619655640646747853780725718700725833895
Borrowings700592465334602538539445312197167183336
Other Liabilities1331211031121391441176654526496105
Total Liabilities1,4611,3761,2171,1001,4961,5431,4451,2441,0929589641,1211,344
Fixed Assets1,1861,0901,0058911,2511,2911,2541,1089618337698581,023
CWIP1400185040000712
Investments000781500012303651
Other Assets261285212185233237188136131113165220259
Total Assets1,4611,3761,2171,1001,4961,5431,4451,2441,0929589641,1211,344

Sanghvi Movers Ltd Reserves and Borrowings Chart

Sanghvi Movers Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 217202208208258311126128163119130257
Cash from Investing Activity -188-0-18-34-487-189-4419921-76-237
Cash from Financing Activity -28-189-204-151205-123-82-145-174-141-48-15
Net Cash Flow112-1423-24-102-1-265

Texmaco Rail & Engineering Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days1662412221461071092159570928679
Inventory Days
Days Payable
Cash Conversion Cycle1662412221461071092159570928679
Working Capital Days-12211-7063104272-16-278910087
ROCE %17%9%2%6%20%16%-4%-4%1%-2%6%15%

Sanghvi Movers Ltd Financial Efficiency Indicators Chart

Texmaco Rail & Engineering Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters47.25%47.25%47.25%47.25%47.25%47.25%47.25%47.25%47.25%47.25%47.25%47.25%
FIIs0.00%0.00%0.05%0.07%0.10%0.30%0.28%1.03%1.35%1.47%1.64%1.99%
DIIs3.65%3.21%1.07%1.28%1.23%1.20%1.08%1.58%2.06%1.68%1.73%1.77%
Public49.10%49.54%51.63%51.40%51.42%51.25%51.39%50.14%49.36%49.61%49.39%49.00%
No. of Shareholders14,11113,48118,42019,36021,27926,50827,14527,32425,28627,05331,71539,442

Sanghvi Movers Ltd Shareholding Pattern Chart

No. of Sanghvi Movers Ltd Shareholders

Sanghvi Movers Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Mahindra Manulife Equity Savings Fund350000.672.86

Sanghvi Movers Ltd ROCE Trend

Sanghvi Movers Ltd EPS Trend

Sanghvi Movers Ltd Key Financial Ratios

MonthMar 23Mar 22
FaceValue2.002.00
Basic EPS (Rs.)25.896.79
Diluted EPS (Rs.)25.896.79
Cash EPS (Rs.)53.8534.08
Book Value[Excl.RevalReserv]/Share (Rs.)194.45169.55
Book Value[Incl.RevalReserv]/Share (Rs.)194.45169.55
Revenue From Operations / Share (Rs.)105.2977.45
PBDIT / Share (Rs.)66.2140.40
PBIT / Share (Rs.)38.2513.12
PBT / Share (Rs.)34.409.12
Net Profit / Share (Rs.)25.896.79
NP After MI And SOA / Share (Rs.)25.896.79
PBDIT Margin (%)62.8852.16
PBIT Margin (%)36.3216.93
PBT Margin (%)32.6711.77
Net Profit Margin (%)24.588.77
NP After MI And SOA Margin (%)24.588.77
Return on Networth / Equity (%)13.314.00
Return on Capital Employeed (%)16.856.51
Return On Assets (%)9.993.04
Long Term Debt / Equity (X)0.110.16
Total Debt / Equity (X)0.210.22
Asset Turnover Ratio (%)0.430.00
Current Ratio (X)1.551.91
Quick Ratio (X)1.521.86
Dividend Payout Ratio (NP) (%)3.860.00
Dividend Payout Ratio (CP) (%)1.850.00
Earning Retention Ratio (%)96.140.00
Cash Earning Retention Ratio (%)98.150.00
Interest Coverage Ratio (X)17.2110.10
Interest Coverage Ratio (Post Tax) (X)7.732.70
Enterprise Value (Cr.)1675.35955.34
EV / Net Operating Revenue (X)3.682.85
EV / EBITDA (X)5.845.46
MarketCap / Net Operating Revenue (X)3.322.38
Retention Ratios (%)96.130.00
Price / BV (X)1.801.09
Price / Net Operating Revenue (X)3.322.38
EarningsYield0.070.03

Sanghvi Movers Ltd Profitability Ratios (%)

Sanghvi Movers Ltd Liquidity Ratios

Sanghvi Movers Ltd Liquidity Ratios (%)

Sanghvi Movers Ltd Interest Coverage Ratios (X)

Sanghvi Movers Ltd Valuation Ratios

Fair Value / Intrinsic Value of Sanghvi Movers Ltd

Fair Value: ₹754.19

The stock is overvalued by 35.37% compared to the current price ₹1167

*Investments are subject to market risks

Strength and Weakness of Sanghvi Movers Ltd

StrengthWeakness
  1. The stock has a low average Working Capital Days of 19.92, which is a positive sign.
  2. The company has higher reserves (733.54 cr) compared to borrowings (416.15 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (369.85 cr) and profit (54.00 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 25.69 and average Dividend Yield of 26.63%.
  2. The stock has a low average ROCE of 6.83%, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 135.67, which may not be favorable.

Should I Buy Sanghvi Movers Ltd Share Now?

  • Based on the analysis of various financial indicators, it may be worth considering investment in Sanghvi Movers Ltd:
    1. Net Profit Margin: 24.58% (Higher values are generally favorable)
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 16.85% (Industry Average ROCE: 15.04%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): 7.73 (Higher values, preferably > 2, are recommended)
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 1.52 (Higher values, preferably > 1, are recommended)
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✓ Stock P/E: 28.5 (Industry average Stock P/E: 36.82)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✓ Total Debt / Equity: 0.21 (Lower values, preferably < 1, are preferred)
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    While these metrics suggest potential opportunity, it's essential to conduct thorough research or seek advice from financial experts before making any investment decisions.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Sanghvi Movers Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE