Sanghvi Movers Limited
Sanghvi Movers Limited is India's largest crane rental services company, providing medium-to-large hydraulic telescopic and crawler cranes for heavy lift and project logistics across construction, infrastructure, and wind energy projects, supplemented by Wind Balance of Plant services via subsidiary Sangreen Future Renewable and international operations through Botswana.
- Company typePublic
- Founded1990
- HeadquartersPune, India
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Sanghvi Movers Limited does
Sanghvi Movers Limited is an Indian publicly listed company (BSE: 530073, NSE: SANGHVIMOV) operating as what the company describes as India's largest crane rental services business, headquartered in Pune. Its core offering is the rental of medium-to-large hydraulic telescopic and crawler cranes for heavy lift and project logistics engagements in construction, infrastructure, and industrial projects, with the firm reporting 79% utilization in India for FY26. The company runs a diversified fleet including crawler and truck-mounted cranes and, through a strategic partnership with Action Construction Equipment (ACE) signed in December 2025, is expanding its access to indigenously manufactured heavy slew cranes under the Indian government's Make in India initiative.
Sanghvi Movers monetizes cranes primarily through project-based and usage-based rental contracts with enterprise clients, supplemented by turnkey Wind Balance of Plant services delivered through wholly owned subsidiary Sangreen Future Renewable, which secured Rs 292 crore of orders from Independent Power Producers (IPPs) in 2025 for WTG foundation construction, transportation, installation, and related infrastructure work. FY26 consolidated revenue reached Rs 10,700 million, up 36.8% year-on-year, with 40.1% EBITDA margin and Rs 1,840 million in profit after tax, alongside 17.74% YoY PAT growth. International operations are anchored by Sanghvi Movers Botswana Proprietary Limited, a wholly owned subsidiary incorporated in January 2026, and the firm's ELEVATE 2030 plan targets further expansion into Saudi Arabia and the MENA corridor.
The customer base is concentrated in three enterprise verticals - wind energy IPPs, infrastructure and construction companies, and the power generation sector - served through direct enterprise sales with multi-month project lifecycles that lock in utilization for the term of the engagement. The business is highly capital-intensive, with fleet investment forming the primary barrier to scale, and the company's strategic priorities are geographic diversification (India core, Botswana and MENA growth), product deepening via the ACE partnership, and cost optimization under ELEVATE 2030.
Sanghvi Movers Limited firmographics
Firmographics- Name
- Sanghvi Movers Limited
- Legal name
- Sanghvi Movers Limited
- Website
- https://sanghvicranes.com
- Company type
- Public
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Sanghvi Movers Limited is India's largest crane rental services company, providing medium-to-large hydraulic telescopic and crawler cranes for heavy lift and project logistics across construction, infrastructure, and wind energy projects, supplemented by Wind Balance of Plant services via subsidiary Sangreen Future Renewable and international operations through Botswana.
- Ownership category
- akta.pro rank
Sanghvi Movers Limited industry classification
Industry- Product category
- Crane Rental Services
- NAICS
- Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing (53241)
- SIC
- Services-Miscellaneous Equipment Rental & Leasing (7350), Construction Machinery & Equip (3531)
- akta.pro primary industry
- Lifting & Hoisting Rental & Leasing (IMAHAJAN)
- akta.pro secondary industries
- Cranes & Heavy Lifting Equipment Rental/Leasing (TLABAFAD), Mobile & Crawler Cranes (IMAHAJAA)
Keywords
Where Sanghvi Movers Limited is headquartered
LocationHeadquarters
- HQ city
- Pune
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Sanghvi Movers Limited business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Supply Chain, Personnel, Others
Revenue model
- Crane Rental Services: Revenue from renting cranes and heavy lift equipment to construction, infrastructure, and wind energy companies. Primary revenue driver with FY26 revenue of Rs 10,700 million representing 36.8% year-on-year increase.
- Wind Energy Project Services: Wind Balance of Plant services including WTG foundation construction, transportation, installation, and infrastructure development through subsidiary Sangreen Future Renewable. Secured Rs 292 crore orders from Independent Power Producers.
- Heavy Lift and Material Handling: Services for heavy lift and material handling operations in infrastructure projects, supporting improved demand conditions and high utilization rates.
Go-to-market motion2 records
Sanghvi Movers Limited product offering
Product offeringCore offering
Sanghvi Movers Limited is India's largest crane rental company, operating a fleet of medium to large-sized heavy duty hydraulic telescopic and crawler cranes for construction, infrastructure, and industrial projects. The company provides heavy lift and material handling services, along with Wind Balance of Plant services (WTG foundation construction, transportation, and installation) through its subsidiary Sangreen Future Renewable. It also operates international crane rental operations in Africa through its Botswana subsidiary.
Product overview
Sanghvi Movers Limited operates as India’s largest crane rental company offering a unified portfolio of heavy lift and project logistics services. The core business provides crane rental services for construction and infrastructure projects, supported by subsidiary Sangreen Future Renewable which offers Wind Balance of Plant services including WTG foundation construction, transportation, and installation for renewable energy projects. The company operates the ELEVATE 2030 transformation plan to expand internationally into Saudi Arabia and the MENA corridor.
Differentiator
Problem solved
Functional benefit
Products and services
- Crane Rental Services Rental of medium to large-sized heavy duty hydraulic telescopic and crawler cranes to construction, infrastructure, and industrial clients across India, with 79% fleet utilization rates.
- Wind Balance of Plant Services Turnkey wind energy infrastructure services including WTG (wind turbine generator) foundation construction, transportation, installation, and related infrastructure development, delivered through subsidiary Sangreen Future Renewable to Independent Power Producers.
- International Crane Rental Operations Crane rental services offered outside India through the Botswana subsidiary, with planned expansion into Saudi Arabia and the MENA corridor under the ELEVATE 2030 transformation plan.
Quantifiable outcome
- 36.8% year-on-year revenue increase to Rs 10,700 million in FY26
- +3 more outcomes
Companies that use Sanghvi Movers Limited
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Sanghvi Movers Limited technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Sanghvi Movers Limited partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor and core.
- HPCL (Hindustan Petroleum Corporation Limited)minorHPCL signed a 10-year LNG procurement agreement with Abu Dhabi Gas Liquefaction Company valued at $4.3 million for Sanghvi Movers Botswana operations, providing energy supply for the company's African subsidiary.
- Action Construction Equipment Ltd (ACE)coreACE and Sanghvi Movers entered a strategic partnership under which a significant share of ACE's large-crane production over two years will be deployed with Sanghvi Movers, including both crawler and truck-mounted cranes. The partnership supports India's Atmanirbhar Bharat (self-reliant India) vision and Make in India initiative, promoting domestic manufacturing of heavy construction equipment. Sanghvi Movers will expand its fleet with ACE's indigenously manufactured cranes to reduce import dependency and strengthen national capabilities.
- Action Construction Equipment Ltd (ACE)coreACE and Sanghvi Movers Ltd signed a Memorandum of Understanding to boost deployment of indigenously manufactured Heavy Slew Cranes in India, supporting the government's Aatmanirbhar Bharat vision under the Make in India initiative.
Scale indicators9 records
Recent moves8 records
Expansion highlights6 records
Sanghvi Movers Limited competitors and assessment
Company assessmentEmerging players
- Action Construction Equipment Ltd (ACE): Indian construction equipment and crane manufacturer, strategic partner of Sanghvi Movers for indigenously manufactured heavy slew cranes. Adjacent player in the value chain with overlap in mobile cranes in India.
Direct peers
- Sarens: Belgium-headquartered global leader in heavy lifting and engineered transport, operating one of the world's largest crane rental fleets. Direct peer to Sanghvi Movers in heavy-lift crane rental services for infrastructure, energy, and industrial projects.
- All Erection & Crane Rental Corp: US crawler, hydraulic, and tower crane rental specialist serving industrial, commercial, and infrastructure customers. Directly comparable as a regional crane rental pure-play.
- Bigge Crane and Rigging: US-based crane rental and rigging services company operating crawler, hydraulic, and tower crane fleets for construction and industrial projects. Direct peer in dedicated crane rental business model.
- Mammoet: Dutch heavy lifting and transport specialist with a global crawler and mobile crane fleet serving oil & gas, energy, mining, and civil infrastructure. Closely comparable business model and customer base to Sanghvi Movers' heavy-lift crane rental operations.
- Maxim Crane Works: One of the largest crane rental companies in North America operating a diverse fleet of hydraulic, crawler, and tower cranes. Direct comparable in fleet scale and end-market exposure to construction and infrastructure.
Broad incumbents
- Liebherr: Global manufacturer of mobile, crawler, and tower cranes plus a broad construction and mining equipment portfolio. Indirect comparable as the dominant global OEM supplying to crane rental operators worldwide.
- Terex Corporation: Diversified US equipment manufacturer with aerial work platforms, materials processing, and a cranes segment that supplies mobile and rough-terrain cranes. Broad incumbent player serving the same end markets in India and globally.
- Manitowoc Cranes: Global manufacturer of crawler, mobile, and tower cranes under the Grove, Potain, and Manitowoc brands. Comparable as a major global crane OEM whose products Sanghvi Movers' fleet is benchmarked against.
- Kobelco Construction Machinery: Japanese manufacturer of crawler and mini excavators plus a global crane business. Comparable as a multinational construction equipment and crane supplier with active India presence competing in mobile crane segments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Sanghvi Movers Limited social profiles
Digital presenceSanghvi Movers Limited financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sanghvi Movers Limited leadership team
Management profileNumber of profiles
Profiles2 records
Sanghvi Movers Limited subsidiaries and ownership
Company hierarchySubsidiaries2 records
Sanghvi Movers Limited funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sanghvi Movers Limited M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sanghvi Movers Limited
What does Sanghvi Movers Limited do?
Sanghvi Movers Limited is India's largest crane rental company, operating a fleet of medium to large-sized heavy duty hydraulic telescopic and crawler cranes for construction, infrastructure, and industrial projects. The company provides heavy lift and material handling services, along with Wind Balance of Plant services (WTG foundation construction, transportation, and installation) through its subsidiary Sangreen Future Renewable. It also operates international crane rental operations in Africa through its Botswana subsidiary.
Is Sanghvi Movers Limited a public or private company?
Sanghvi Movers Limited is a public company. It is classified as public and is currently operating.
When was Sanghvi Movers Limited founded?
Sanghvi Movers Limited was founded in 1990. It employs 501 to 1,000 people.
Where is Sanghvi Movers Limited based?
Sanghvi Movers Limited is headquartered in Pune, India, in the Asia region.
How does Sanghvi Movers Limited make money?
Three revenue lines are on record. Crane Rental Services are the primary driver. The others are wind Energy Project Services and heavy Lift and Material Handling.
Who are Sanghvi Movers Limited's main competitors?
Action Construction Equipment Ltd (ACE) is listed as an emerging player. Direct peers are Sarens, All Erection & Crane Rental Corp, Bigge Crane and Rigging, Mammoet and Maxim Crane Works. Broad incumbents are Liebherr, Terex Corporation, Manitowoc Cranes and Kobelco Construction Machinery.
Does Sanghvi Movers Limited have an API?
No public API is recorded for Sanghvi Movers Limited.
What industry is Sanghvi Movers Limited in?
Sanghvi Movers Limited's product category is Crane Rental Services. Its primary akta.pro industry code is IMAHAJAN, Lifting & Hoisting Rental & Leasing, with a secondary code of TLABAFAD, Cranes & Heavy Lifting Equipment Rental/Leasing. Its NAICS code is 53241 and its SIC code is 7350.