Sarda Energy & Minerals Limited share price
NSE: SARDAEN · ISIN INE385C01021
Key numbers
- Market cap
- ₹ 17,378 Cr
- Current price
- ₹ 493.15
- 52-week high / low
- ₹ 624 / 453
- Stock P/E
- 15.4
- Book value
- ₹ 209.0
- Dividend yield
- 0.41%
- ROCE
- 17.5%
- ROE
- 16.2%
- Debt to equity
- 0.36
- Sales growth (3 yrs)
- 10.4%
- Profit growth (3 yrs)
- 22.5%
- 1-year return
- -15.7%
About Sarda Energy & Minerals Limited
Sarda Energy & Minerals Limited produces and sells steel products in India and internationally. The company product portfolio includes pellets, sponge iron, steel billets and wire rods, ferro alloys, eco-bricks, and HB wires. It is also involved in coal and iron ore mining, as well as operation of hydro, thermal, and solar power plants. Sarda Energy & Minerals Limited was incorporated in 1973 and is headquartered in Raipur, India.
Quarterly results
Consolidated figures in ₹ crores
| Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 1,626 | 1,517 | 1,261 | 1,240 | 1,589 |
| Operating profit | 617 | 513 | 316 | 348 | 653 |
| Net profit | 434 | 323 | 190 | 158 | 458 |
| EPS (₹) | 12.33 | 9.17 | 5.40 | 4.48 | 13.00 |
Concall summary (2026-08-10)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- We have secured medium and long-term power supply agreements for over 380 megawatts out of the total 710 -megawatt sal eable power capacity, which meaningfully improves revenue visibility and earnings stability for our power business going forward.
- We now expect commissioning before the end of the next quarter.
Growth & demand
- Q1 total income stood at INR 1,717 crores, EBITDA at INR 762 crores and PAT at INR 478 crores, a growth of 9.4% Y-o-Y.
- Our energy business remained the key growth driver, contributing nearly 70% of consolidated EBITDA and providing stability to overall earnings.
Margins & costs
- Net profit included a onetime net benefit worth INR 110 crores, mainly relating to the regulatory approval of final project cost for 113-megawatt Sikkim hydropower plant.
- On the realization front, the steel prices remained largely range bound with a mild negative bias during the quarter, while ferro alloys prices saw a modest improvement, the price realization from sale of power was lower Y-o-Y.
Capex & expansion
- Sarda Energy & Minerals Limited August 03, 2026 During the quarter, generation at the 600-megawatt thermal power plant continued to be steady during the quarter with an average PLF of 85.9%.
- Moving on to the updates on our ongoing capacity expansion.
Risks & challenges
- Delayed monsoon conditions weighed on hydropower with small hydropower generation declining roughly 30% year-on-year and large hydropower generation declining 7%.
- Domestic crude steel production grew over 7.5%, even as China and several other major producers saw declines.
Peers in Steel
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