About
The 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.
Key Metrics
as of Sep 2026Market Cap9,621 Cr
P/E13.00
Div Yield0.25 %
Book Value₹66.90
52w High₹273.00
52w Low₹152.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,375.00 | 1,511.00 | 1,209.00 | 1,232.00 | 1,135.00 | 1,321.00 | 952.00 | 260.00 | 602.00 | 552.00 | 153.00 | 185.00 | 363.00 |
| Expenses | 1,031.00 | 1,125.00 | 959.00 | 960.00 | 836.00 | 1,005.00 | 712.00 | 223.00 | 411.00 | 344.00 | 136.00 | 147.00 | 305.00 |
| Operating Profit | 343.00 | 387.00 | 251.00 | 273.00 | 299.00 | 316.00 | 240.00 | 38.00 | 191.00 | 208.00 | 17.00 | 37.00 | 58.00 |
| OPM % | 25.00 | 26.00 | 21.00 | 22.00 | 26.00 | 24.00 | 25.00 | 14.00 | 32.00 | 38.00 | 11.00 | 20.00 | 16.00 |
| Other Income | 15.00 | 20.00 | -4.00 | 12.00 | 15.00 | 9.00 | 20.00 | 25.00 | 23.00 | 31.00 | 15.00 | 18.00 | 19.00 |
| Depreciation | 51.00 | 54.00 | 54.00 | 53.00 | 51.00 | 54.00 | 38.00 | 14.00 | 14.00 | 15.00 | 15.00 | 14.00 | 14.00 |
| Interest | 26.00 | 55.00 | 46.00 | 57.00 | 54.00 | 67.00 | 41.00 | 5.00 | 4.00 | 4.00 | 5.00 | 5.00 | 6.00 |
| Profit before tax | 281.00 | 297.00 | 147.00 | 175.00 | 209.00 | 204.00 | 180.00 | 43.00 | 196.00 | 219.00 | 13.00 | 36.00 | 57.00 |
| Tax % | 19.00 | 20.00 | 21.00 | 21.00 | 20.00 | 23.00 | 23.00 | 26.00 | 25.00 | 26.00 | 25.00 | 26.00 | 29.00 |
| Net Profit | 228.00 | 236.00 | 116.00 | 139.00 | 167.00 | 156.00 | 137.00 | 32.00 | 144.00 | 164.00 | 9.00 | 27.00 | 40.00 |
| EPS in Rs | 4.67 | 4.85 | 2.38 | 2.85 | 3.43 | 3.21 | 2.83 | 0.66 | 2.97 | 3.37 | 0.19 | 0.56 | 0.82 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,088.00 | 3,135.00 | 1,252.00 | 2,126.00 | 2,249.00 | 702.00 | 608.00 | 434.00 | 269.00 | 351.00 | 347.00 | 219.00 |
| Expenses | 3,880.00 | 2,353.00 | 932.00 | 1,733.00 | 1,275.00 | 477.00 | 434.00 | 335.00 | 266.00 | 308.00 | 291.00 | 193.00 |
| Operating Profit | 1,208.00 | 782.00 | 320.00 | 392.00 | 974.00 | 225.00 | 174.00 | 99.00 | 3.00 | 42.00 | 57.00 | 26.00 |
| OPM % | 24.00 | 25.00 | 26.00 | 18.00 | 43.00 | 32.00 | 29.00 | 23.00 | 1.00 | 12.00 | 16.00 | 12.00 |
| Other Income | 44.00 | 80.00 | 83.00 | 59.00 | 35.00 | 18.00 | 13.00 | 10.00 | 23.00 | 4.00 | 17.00 | 23.00 |
| Interest | 212.00 | 117.00 | 20.00 | 28.00 | 38.00 | 6.00 | 5.00 | 7.00 | 0.00 | 2.00 | 0.00 | 2.00 |
| Depreciation | 212.00 | 121.00 | 58.00 | 64.00 | 56.00 | 13.00 | 12.00 | 12.00 | 9.00 | 10.00 | 18.00 | 19.00 |
| Profit before tax | 827.00 | 624.00 | 325.00 | 360.00 | 915.00 | 224.00 | 169.00 | 90.00 | 16.00 | 35.00 | 56.00 | 27.00 |
| Tax % | 20.00 | 24.00 | 27.00 | 25.00 | 26.00 | 34.00 | 34.00 | 33.00 | 57.00 | 20.00 | 35.00 | 14.00 |
| Net Profit | 658.00 | 471.00 | 239.00 | 271.00 | 675.00 | 147.00 | 111.00 | 61.00 | 7.00 | 25.00 | 36.00 | 23.00 |
| EPS in Rs | 13.51 | 9.67 | 4.93 | 5.57 | 13.89 | 3.09 | 2.33 | 1.27 | 0.16 | 0.54 | 0.78 | 0.53 |
| Dividend Payout % | 4.00 | 4.00 | 7.00 | 5.00 | 1.00 | 4.00 | 6.00 | 4.00 | 36.00 | 10.00 | 7.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 486.00 | 162.00 | 162.00 | 27.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 |
| Reserves | 2,768.00 | 2,451.00 | 1,996.00 | 1,907.00 | 662.00 | 522.00 | 420.00 | 355.00 | 351.00 | 329.00 | 295.00 |
| Borrowings | 999.00 | 1,890.00 | 133.00 | 206.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 1,270.00 | 1,146.00 | 302.00 | 392.00 | 191.00 | 156.00 | 167.00 | 145.00 | 174.00 | 177.00 | 164.00 |
| Total Liabilities | 5,523.00 | 5,648.00 | 2,593.00 | 2,532.00 | 862.00 | 687.00 | 596.00 | 508.00 | 533.00 | 514.00 | 467.00 |
| Fixed Assets | 3,300.00 | 3,111.00 | 886.00 | 878.00 | 260.00 | 262.00 | 225.00 | 224.00 | 225.00 | 222.00 | 229.00 |
| CWIP | 142.00 | 373.00 | 116.00 | 67.00 | 202.00 | 12.00 | 4.00 | 3.00 | 4.00 | 5.00 | 28.00 |
| Investments | 281.00 | 227.00 | 484.00 | 469.00 | 65.00 | 175.00 | 119.00 | 48.00 | 58.00 | 45.00 | 40.00 |
| Other Assets | 1,800.00 | 1,937.00 | 1,106.00 | 1,118.00 | 335.00 | 238.00 | 248.00 | 234.00 | 245.00 | 242.00 | 170.00 |
| Total Assets | 5,523.00 | 5,648.00 | 2,593.00 | 2,532.00 | 862.00 | 687.00 | 596.00 | 508.00 | 533.00 | 514.00 | 467.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1,143.00 | 841.00 | 153.00 | 142.00 | 873.00 | 169.00 | 128.00 | 85.00 | -7.00 | 36.00 | 16.00 | 32.00 |
| Cash from Investing Activity | 20.00 | -1,554.00 | -66.00 | -11.00 | -793.00 | -147.00 | -106.00 | -71.00 | 4.00 | -24.00 | -9.00 | -28.00 |
| Cash from Financing Activity | -1,123.00 | 704.00 | -107.00 | -129.00 | -106.00 | -12.00 | -13.00 | -13.00 | -3.00 | -3.00 | 0.00 | 0.00 |
| Net Cash Flow | 39.00 | -9.00 | -20.00 | 2.00 | -26.00 | 10.00 | 9.00 | 1.00 | -7.00 | 9.00 | 8.00 | 4.00 |
| Free Cash Flow | 988.00 | 753.00 | 50.00 | -44.00 | 795.00 | -71.00 | 101.00 | 70.00 | -14.00 | 20.00 | 10.00 | 26.00 |
| CFO/OP % | 106.00 | 124.00 | 78.00 | 58.00 | 112.00 | 110.00 | 108.00 | 109.00 | 30.00 | 143.00 | 84.00 | 181.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 31.00 | 44.00 | 10.00 | 25.00 | 11.00 | 3.00 | 5.00 | 10.00 | 6.00 | 43.00 | 31.00 |
| Inventory Days | 149.00 | 312.00 | 794.00 | 92.00 | 180.00 | 238.00 | 440.00 | 256.00 | — | — | 574.00 |
| Days Payable | 146.00 | 245.00 | 275.00 | 79.00 | 207.00 | 128.00 | 146.00 | 107.00 | — | — | 346.00 |
| Cash Conversion Cycle | 35.00 | 111.00 | 529.00 | 37.00 | -16.00 | 113.00 | 299.00 | 159.00 | 6.00 | 43.00 | 259.00 |
| Working Capital Days | -2.00 | 7.00 | 189.00 | 14.00 | -16.00 | -3.00 | -10.00 | -1.00 | -22.00 | -8.00 | -70.00 |
| ROCE % | 24.00 | 21.00 | 15.00 | — | 36.00 | 34.00 | 23.00 | -1.00 | 10.00 | 16.00 | 9.00 |
Corporate Actions
26 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 12 Aug 2026 | 12 Aug 2026 | — | 0.50 | |
| Bonus | 22 Sep 2025 | 22 Sep 2025 | 2:1 | — | |
| Dividend | 10 Sep 2025 | 10 Sep 2025 | — | 1.25 | |
| Dividend | 11 Sep 2024 | 11 Sep 2024 | — | 1.00 | |
| Bonus | 02 Feb 2024 | 02 Feb 2024 | 5:1 | — | |
| Dividend | 13 Sep 2023 | 13 Sep 2023 | — | 5.00 | |
| Other | 13 Sep 2023 | — | — | — | Annual General Meeting |
| Dividend | 20 Sep 2022 | 21 Sep 2022 | — | 5.00 | |
| Other | 26 Jul 2022 | 27 Jul 2022 | — | — | Right Issue of Equity Shares |
| Dividend | 14 Sep 2021 | 15 Sep 2021 | — | 10.00 | |
| Dividend | 17 Mar 2020 | 18 Mar 2020 | — | 5.00 | |
| Dividend | 21 Nov 2019 | 22 Nov 2019 | — | 2.00 | |
| Dividend | 12 Sep 2019 | 14 Sep 2019 | — | 3.50 | |
| Dividend | 29 Nov 2018 | 30 Nov 2018 | — | 3.50 | |
| Dividend | 23 Aug 2018 | 25 Aug 2018 | — | 2.00 | |
| Dividend | 04 Jan 2018 | 05 Jan 2018 | — | 5.00 | |
| Dividend | 18 Sep 2017 | — | — | 2.00 | |
| Dividend | 12 Apr 2017 | 15 Apr 2017 | — | 1.00 | |
| Dividend | 24 Nov 2016 | 26 Nov 2016 | — | 2.00 | |
| Dividend | 06 Sep 2016 | — | — | 3.00 | |
| Dividend | 10 Sep 2015 | — | — | 3.00 | |
| Dividend | 18 Sep 2014 | — | — | 3.00 | |
| Dividend | 30 Aug 2011 | — | — | 5.00 | |
| Dividend | 20 Sep 2010 | — | — | 3.00 | |
| Dividend | 16 Sep 2009 | — | — | 1.50 | |
| Dividend | 06 Feb 2009 | 20 Feb 2009 | — | 1.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update2 Jun from crisil
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Rating update10 Apr from icra
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Rating update4 Mar 2025 from crisil
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Rating update7 Nov 2024 from crisil
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Rating update24 Sep 2024 from icra
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Rating update26 Aug 2024 from icra