Sandur Manganese & Iron Ores Limited
Quick Take
- • Trading at 12.6× trailing earnings
- • Strong ROE at 22.0%
- • Low leverage (D/E 0.31)
- • Modest dividend yield of 0.27%
- • Operating margin 21.3% · Net margin 13.5%
- • Profit growth +34.20% YoY · Beta 0.81
Latest quarter · Jun 2026
| ₹ Cr | Jun 2026 | QoQ | YoY |
|---|---|---|---|
| Revenue | 1,375 | -9.00% | +21.15% |
| Operating Profit | 358 | -11.82% | +14.01% |
| Net Profit | 227 | -3.81% | +35.93% |
| EPS (₹) | 4.67 | -3.71% | +36.15% |
Shareholding Pattern
| Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 74.22% | 74.22% | 74.22% | 74.22% | 74.22% | 74.22% | 74.22% | 74.22% |
| FIIs▲0.10 | 1.07% | 1.13% | 1.01% | 1.03% | 1.00% | 1.20% | 1.64% | 1.74% |
| DIIs▼0.09 | 1.49% | 1.43% | 0.60% | 0.61% | 0.70% | 0.67% | 0.67% | 0.58% |
| Government | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public▼0.02 | 23.22% | 23.23% | 24.18% | 24.14% | 24.08% | 23.92% | 23.48% | 23.46% |
| No. of Shareholders | 55,636 | 55,408 | 55,747 | 62,416 | 62,156 | 81,705 | 85,207 | 87,803 |
* During the quarter ended 30 June 2026, Ekambar Ajai Ghorpade (Promoter) sold 2,26,218 shares and Skand Private Limited (Promoter) purchased 2,26,218 shares. There is no change in the total percentage of Promoter shareholding.
| Date | Party | Type | Side | Qty | Price |
|---|---|---|---|---|---|
| 15 Oct 25 | Graviton Research Capital Llp | Bulk deal | SELL | 26,69,296 | ₹227.96 |
| 15 Oct 25 | Graviton Research Capital Llp | Bulk deal | BUY | 26,69,296 | ₹227.76 |
| 15 Oct 25 | Hrti Private Limited | Bulk deal | SELL | 23,30,625 | ₹227.62 |
| 15 Oct 25 | Hrti Private Limited | Bulk deal | BUY | 28,70,798 | ₹228.04 |
| 6 Oct 25 | Graviton Research Capital Llp | Bulk deal | BUY | 25,35,138 | ₹206.49 |
| 6 Oct 25 | Graviton Research Capital Llp | Bulk deal | SELL | 25,35,138 | ₹206.57 |
About the company
From latest AR & concallThe Sandur Manganese & Iron Ores Limited, together with its subsidiary, engages in the mining of manganese and iron ores in Deogiri village of Ballari District, Karnataka. It operates through three segments: Mining, Ferroalloys, and Coke and Energy. The company also manufactures and sells steel, ferroalloys and coke. In addition, it generates power through a 32-megawatt of cleaner by-product energy. The company serves steel manufacturers and ferroalloy producers. It also exports its products. The company was incorporated in 1954 and is based in Bengaluru, India. The Sandur Manganese & Iron Ores Limited is a subsidiary of Skand Private Limited.
