Sanghvi Brands Ltd.

Sanghvi Brands Ltd.

BBSE:SBRANDS
12.33
INR
+0.58
(+4.94%)
93.74MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
6.66
12.02
18.98
34.25
30.62
30.16
28.88
3.39
5.14
7.99
8.76
11.71
14.03
- -
Basic EPS, GAAP
-0.12
0.11
-1.11
0.15
-2.62
-1.34
-8.74
-5.52
-2.69
-0.21
0.48
0.97
1.52
- -
Free Cash Flow per Basic Share
-0.25
-1.92
-2.96
-7.24
-6.25
-10.43
-8.22
-2.86
4.29
3
0.01
0.69
2.18
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
8.56
8.64
7.8
7.89
21.79
20.39
11.63
6.1
4.03
3.84
4.33
5.31
6.83
6.83
Tangible Book Value per Share
8.56
8.62
7.78
7.87
21.71
17.49
11.57
6.05
4
3.84
4.33
5.3
6.83
6.83
Basic Weighted Avg Shares
8
8
8
8
9
10
10
10
10
10
10
10
10
10
Sales/Revenue/Turnover
51
93
146
264
265
314
301
35
54
83
91
122
146
- -
Operating Margin (%)
-2.6
-6.83
-7.59
0.88
-9.04
-6.7
-21.99
-120.15
-87.62
0.6
- -
5.29
12.4
- -
Depreciation Expense
1
2
1
2
3
9
15
2
1
1
1
- -
- -
- -
Net Income, GAAP
-1
1
-9
1
-23
-14
-91
-58
-28
-2
5
10
16
- -
Effective Tax Rate (%)
- -
- -
- -
57.11
- -
- -
- -
- -
- -
166.29
16.34
6.18
16.67
- -
Profit Margin (%)
-1.87
0.89
-5.87
0.44
-8.56
-4.43
-30.27
-162.96
-52.34
-2.66
5.51
8.3
10.84
- -
Working Capital
83
81
67
62
199
146
89
34
26
30
38
48
44
44
LT Debt
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
89
90
81
82
227
212
121
63
42
40
45
55
71
71
Return on Invested Capital (%)
- -
- -
- -
1.44
- -
- -
- -
- -
- -
3.31
-3.99
9.84
21.35
- -
Return on Capital (%)
- -
- -
- -
1.76
- -
- -
- -
- -
- -
-5.44
11.84
20.17
25.49
- -
Return on Common Equity (%)
- -
0.93
-10.04
1.42
-14.65
-6.33
-54.58
-62.28
-53.16
-5.4
11.82
20.17
25.07
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
10
Market Capitalization
107
151
94

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
73
67
78
Cash, Cash Equivalents & STI
50
44
54
Accounts Receivable, Net
15
15
15
Inventories
6
6
6
Total Current Liabilities
25
22
33
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.57%
5.07%
28.67%
Free Cash Flow
656.73%
1,282.3%
217.74%
Net Income, GAAP
-199.44%
-62.58%
56.42%
Sales/Revenue/Turnover
17.71%
34.06%
19.8%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
91
2025
- -
- -
122
2026
- -
- -
146

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.48
2025
- -
- -
0.97
2026
- -
- -
1.52

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Vijay Aggarwal
Full Time Employees
11
Sector
Consumer services
Industry
Other consumer services
Address
Sanghvi House, 105/2 Pune MA India 411005
IPO Date
Nov 22, 2017
Business
Sanghvi Brands Limited (SBRANDS.BO) operates as a master franchise holder and manager of international lifestyle wellness brands, primarily focusing on spas, salons, and gyms across South Asia and select international markets. The company provides luxury spa and salon services through brands including Spa L’OCCITANE, ELLE Spa & Salon, Warren Tricomi Salon & Spa, and Holyfield Gyms; it manages over 70 operational or developing locations, emphasizing professional management techniques for client retention and market expansion in beauty, grooming, and fitness segments. Founded in 2010 and headquartered in Pune, India, Sanghvi Brands serves premium customers via partnerships with leading real estate developers such as Lodha Developers, IREO, and K Raheja Corp; operations span India, the Middle East, Indian Ocean regions (Maldives, Mauritius, Seychelles, Sri Lanka), and the United States through a wholly owned subsidiary established for international growth. Recent developments include strong financial recovery with consolidated sales reaching Rs 12.20 crore and net profit of Rs 1.01 crore for the fiscal year ended March 2025, reflecting compounded sales growth of 34% TTM and profit growth of 102% TTM; the company held its 15th annual general meeting in September 2025, adopting financials and reappointing directors while maintaining a near debt-free status with ROCE at 21.9%.