Sanghvi Movers Limited has informed the Exchange about Investor Presentation
SANGHVI
Date: 07 August 2023
SANGHVI MOVERS LIMITED Regd. Office : Survey No. 92, Tathawade, Taluka - Mulshi, Pune, Maharashtra - 411033, INDIA : 8669674701/2/3/4, 020-27400700 Tel. : sanghvi@sanghvicranes.com E-mail Web. : www.sanghvicranes.com CIN No. : L29150PN1989PLC054143
REF: SML/SEC/SE/23-24/35
By Online filing
BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001 Kind Attn.: Ms. Pooja Sanghvi - Relationship Manager Ref: Code No. 530073
National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra East, Mumbai - 400051 Kind Attn.: Mr. K. Hari - Asst. Vice President Symbol: SANGHVIMOV
Sub.:
Investor Presentation
Dear Sir/Madam,
Pursuant to the requirements of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Investor Presentation on Financial Results for the quarter ended on 30 June 2023.
You are requested to take the same on your records and further place the same on your website for the information of shareholders, investors, analysts and public at large. The Investor Presentation is also uploaded on the company's website, i.e. www.sanghvicranes.com.
Thanks & Regards, For Sanghvi Movers Limited
Rajesh P. Likhite Company Secretary & Chief Compliance Officer
Encl.: As above
INVESTORS PRESENTATION
Q1 - FY 2023-24
1
Financial Performance For Q1 2023-24
Total Turnover ₹ 152.10 Crores
Profit after Tax ₹ 41.74 Crores
Average CU 84%
Avg. Blended Yield 2.21% Per Month
2
Financial Performance as on 30 June 2023
Total Debt
₹ 297 Crores
Debt: Equity Ratio 0.34:1
Avg. Cost of Borrowing 9.13%
Net Worth
₹ 883 Crores
3
Capex For FY 2023-24
Till 31st July 2023, Company has completed Capex of Rs. 242 Crores for purchase of cranes & multi-axle lines
Details of cranes & multi-axle purchased is as under
No. of Cranes imported in FY 2023-24
Crane Model / OEM Sany (Brand New) Multi-Axle Line
Capex completed
Particulars
Capex for Cranes
Capex for Multi- Axle line
Total
110 Ton 6 -
160 Ton 9 -
750 Ton 8 -
Total 23 30
Rs. In Crores 237
5
242
4
Sector-wise Revenue for Q1 - FY 2023-24
48%
41%
60%
50%
40%
30%
20%
10%
0%
9%
6%
8%
9%
8%
9%
11%
9%
Q1FY24
Q1FY23
24%
13%
3%
0.0%
2%
0.0%
Wind Mill
Power
Refinery & Gas
Steel & Metal
Cement
Wind EPC
Project EPC
Other Sectors
Order-book Position
Particulars
Order Book as on 1st August 2023 to be executed during the period 1st April 2023 to 31 March 2024
Order Book as on 1st August 2022 during the period 1st April 2022 to 31 March 2023
Rs. In crores
Rs. 450 Crores
Rs. 320 Crores
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Particulars
a)
Income from Operations
b) Other Income
c)
d)
e)
Total Income (a) + (b)
Total Expenditure
PBIDIT c) – d)
f) % of PBIDT to Total Income
g)
Interest
h) Depreciation
i)
j)
Profit Before Tax
Tax expense (current tax + DTL)
k) Profit After Tax
l) % of PAT to Total Income
m) Total Cash Accruals (PAT + Dep.)
n) Net Worth
o) Total Loans (Secured + Unsecured)
p) Debt : Equity Ratio
q)
Average Capacity Utilisation
Sanghvi Movers Ltd. Financial Performance Report (Q3/FY22)
Avg. Gross Yield for the period
r)
Financial Performance
Rs. In crores
Q1FY24
FY 2022-23
Q1FY23
146.07
6.03
152.10
58.00
94.11
62%
5.47
32.56
56.07
14.33
41.74
27%
74.30
883.45
297.26
0.34
84%
2.21%
455.79
29.76
485.55
198.93
286.62
59%
16.64
121.06
148.92
36.87
112.05
23%
233.11
841.71
160.88
0.19
83%
1.97%
97.24
3.68
100.92
49.29
51.63
51%
3.43
28.83
19.37
4.88
14.49
14%
43.32
748.42
240.09
0.32
84% 7 1.71%
Summarized Profitability Statement
(Rs. in Crores)
Q1 FY 2024 152 58 94
FY 23 Full Year 486 199 287
Q1 FY 2023 101 49 52
600
500
400
300
200
100
-
Total Income Total Expenditure (#) PBIDT
250
200
150
100
50
-
Net Profit & Cash Profit
233
(Rs. in Crores)
112
74
42
43
14
30.06.2023
31.3.2023
30.06.2022
Net Profit / (Loss)
Cash Profit
9
Operational Parameters
Average Capacity Utilisation
Average Blended Yield - per month
84%
84%
83%
85%
84%
83%
82%
81%
80%
2.21%
1.97%
1.71%
2.50%
2.00%
1.50%
1.00%
0.50%
0.00%
Q1FY 24
FY23 - Full Year
Q1FY 23
Q1FY 24
FY23 - Full Year
Q1FY 23
10
Total Borrowings of the company
297
161
Rs. in Crores
240
350
300
250
200
150
100
50
-
30.06.2023
31.03.2023
30.06.2022
11
Debt : Equity Ratio of the company
0.34
0.32
0.19
0.40
0.35
0.30
0.25
0.20
0.15
0.10
0.05
-
30.06.2023
31.03.2023
30.06.2022
12
Age-Wise Debtors Analysis
Particulars
Rs. in Crores
Debtors Less than 90 Days
Debtors between 91 Days to 180 Days Debtors between 181 Days to 360 Days Debtors between 361 Days and Above (Net of Provision of Doubtful debts) Reported Sundry debtors as per Financials Average receivable Days (Net of GST Amount included in Debtors)
135.64
9.84 4.26
Nil 149.76 83 Days
13
Fleet of the Cranes as on 30th June 2023
Particulars
Count of SML Crane fleet as on 30th June 2023
Amount of Gross block of Cranes
Count of SML Crane Fleet having capacity more than 100MT as on 30th June 2023
% of Gross Block by ‘Crane Fleet having capacity more than 100MT’ as on 30th June 2023
Details
403
2500 Crores
268
94%
14
Updates on wholly owned subsidiary of the Company in Vietnam
The Board of Directors of the Company in their meeting held on 07 August 2023, approved voluntary winding up of Sanghvi Movers Vietnam Company Limited, a wholly owned subsidiary of the Company in Vietnam, as per the applicable laws of Vietnam.
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SANGHVI
Disclaimer
This presentation contains certain forward looking statements concerning Sanghvi Movers Limited’s future business
prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could
materially differ from those in such forward looking statements. The risks and uncertainties relating to these statements
include, but not limited to, risks and uncertainties, regarding fluctuations in earnings, our ability to manage growth,
competition and economic growth in India. The company does not undertake to make any announcement in case any of
these forward looking statements become materially incorrect in future or update any forward looking statements made
from time to time by or on behalf of the company. No part of this presentation shall be reproduced, copied, forwarded to
any third party either in print of in electronic form without prior express consent of the company.
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