Sanghvi Movers Limited has informed the Exchange that Board of Directors at its meeting held on May 20, 2026, recommended Final Dividend of Rs. 2 per equity share.
SANGHVIMOV · price
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Sanghvi Movers Limited reported strong FY26 results. Standalone revenue from operations grew 24.5% to Rs. 67,350.73 lakhs while consolidated revenue rose 36.9% to Rs. 1,07,044.78 lakhs. Standalone profit after tax increased 24.3% to Rs. 15,863.65 lakhs and consolidated PAT grew 17.7% to Rs. 18,428.60 lakhs. EPS (standalone, continuing operations) stood at Rs. 18.32 vs Rs. 14.74 in the prior year. The Board recommended a final dividend of Rs. 2 per equity share (200% on face value of Rs. 1), subject to shareholder approval at the ensuing AGM. Exceptional items included a crane damage loss of Rs. 377.96 lakhs and labour code impact of Rs. 329.99 lakhs.
Strong financial growth and a maintained dividend are positive signals. However, without the current stock price, the dividend yield cannot be confirmed above 3%. No corporate action signals (split, bonus, buyback) detected.