About
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.
Key Metrics
as of Sep 2026Market Cap17,906 Cr
P/E16.00
Div Yield0.39 %
Book Value₹209.00
52w High₹640.00
52w Low₹453.00
Face Value₹1.00
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 | 1,608.00 | 1,254.00 | 1,276.00 | 1,528.00 | 1,633.00 | 1,239.00 | 1,319.00 | 1,159.00 | 926.00 | 889.00 | 925.00 | 1,001.00 | 1,052.00 |
| Expenses | 955.00 | 906.00 | 965.00 | 1,016.00 | 1,016.00 | 968.00 | 950.00 | 821.00 | 666.00 | 737.00 | 737.00 | 759.00 | 837.00 |
| Operating Profit | 653.00 | 348.00 | 311.00 | 512.00 | 617.00 | 271.00 | 369.00 | 337.00 | 261.00 | 152.00 | 188.00 | 242.00 | 215.00 |
| OPM % | 41.00 | 28.00 | 24.00 | 34.00 | 38.00 | 22.00 | 28.00 | 29.00 | 28.00 | 17.00 | 20.00 | 24.00 | 20.00 |
| Other Income | 108.00 | 5.00 | 95.00 | 68.00 | 80.00 | 46.00 | 0.00 | 51.00 | 75.00 | 42.00 | 32.00 | 24.00 | 83.00 |
| Depreciation | 89.00 | 88.00 | 86.00 | 85.00 | 81.00 | 87.00 | 78.00 | 62.00 | 45.00 | 46.00 | 46.00 | 46.00 | 45.00 |
| Interest | 58.00 | 54.00 | 64.00 | 64.00 | 62.00 | 70.00 | 64.00 | 50.00 | 36.00 | 28.00 | 31.00 | 35.00 | 35.00 |
| Profit before tax | 615.00 | 210.00 | 255.00 | 431.00 | 553.00 | 160.00 | 226.00 | 276.00 | 255.00 | 121.00 | 143.00 | 186.00 | 218.00 |
| Tax % | 25.00 | 33.00 | 28.00 | 27.00 | 24.00 | 41.00 | 17.00 | 26.00 | 24.00 | 37.00 | 25.00 | 19.00 | 20.00 |
| Net Profit | 478.00 | 155.00 | 190.00 | 328.00 | 437.00 | 100.00 | 200.00 | 203.00 | 198.00 | 88.00 | 114.00 | 149.00 | 172.00 |
| EPS in Rs | 13.00 | 4.48 | 5.40 | 9.17 | 12.33 | 3.07 | 5.60 | 5.55 | 5.64 | 2.68 | 3.32 | 3.99 | 4.85 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,690.00 | 4,643.00 | 3,868.00 | 4,212.00 | 3,914.00 | 2,199.00 | 2,000.00 | 2,324.00 | 2,174.00 | 1,434.00 | 1,480.00 | 1,760.00 |
| Expenses | 3,903.00 | 3,406.00 | 3,070.00 | 3,152.00 | 2,559.00 | 1,679.00 | 1,644.00 | 1,842.00 | 1,772.00 | 1,217.00 | 1,289.00 | 1,383.00 |
| Operating Profit | 1,787.00 | 1,237.00 | 798.00 | 1,060.00 | 1,355.00 | 520.00 | 356.00 | 482.00 | 402.00 | 217.00 | 191.00 | 377.00 |
| OPM % | 31.00 | 27.00 | 21.00 | 25.00 | 35.00 | 24.00 | 18.00 | 21.00 | 18.00 | 15.00 | 13.00 | 21.00 |
| Other Income | 247.00 | 172.00 | 181.00 | 49.00 | 43.00 | 130.00 | -17.00 | 17.00 | 63.00 | 96.00 | 35.00 | -77.00 |
| Interest | 244.00 | 220.00 | 128.00 | 124.00 | 147.00 | 79.00 | 82.00 | 99.00 | 97.00 | 94.00 | 112.00 | 120.00 |
| Depreciation | 341.00 | 271.00 | 183.00 | 178.00 | 143.00 | 75.00 | 78.00 | 76.00 | 73.00 | 69.00 | 75.00 | 93.00 |
| Profit before tax | 1,449.00 | 918.00 | 667.00 | 807.00 | 1,108.00 | 495.00 | 179.00 | 324.00 | 294.00 | 150.00 | 39.00 | 87.00 |
| Tax % | 27.00 | 26.00 | 24.00 | 25.00 | 27.00 | 23.00 | 24.00 | 36.00 | 30.00 | 15.00 | 68.00 | 35.00 |
| Net Profit | 1,109.00 | 702.00 | 524.00 | 604.00 | 807.00 | 376.00 | 128.00 | 207.00 | 205.00 | 127.00 | 13.00 | 56.00 |
| EPS in Rs | 31.38 | 19.86 | 14.84 | 17.09 | 22.31 | 10.40 | 3.50 | 5.64 | 5.62 | 3.66 | 0.35 | 1.53 |
| Dividend Payout % | 6.00 | 8.00 | 7.00 | 9.00 | 3.00 | 7.00 | 14.00 | 9.00 | 9.00 | 11.00 | 143.00 | 20.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 35.00 | 35.00 | 35.00 | 35.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 |
| Reserves | 7,335.00 | 6,251.00 | 3,853.00 | 3,375.00 | 2,968.00 | 2,182.00 | 1,834.00 | 1,707.00 | 1,540.00 | 1,322.00 | 1,187.00 | 1,174.00 |
| Borrowings | 2,632.00 | 2,861.00 | 1,366.00 | 1,407.00 | 1,581.00 | 1,714.00 | 1,694.00 | 1,395.00 | 1,386.00 | 1,363.00 | 1,221.00 | 1,482.00 |
| Other Liabilities | 1,369.00 | 977.00 | 747.00 | 664.00 | 714.00 | 587.00 | 538.00 | 543.00 | 451.00 | 395.00 | 382.00 | 352.00 |
| Total Liabilities | 11,371.00 | 10,125.00 | 6,002.00 | 5,481.00 | 5,298.00 | 4,518.00 | 4,102.00 | 3,682.00 | 3,413.00 | 3,115.00 | 2,827.00 | 3,044.00 |
| Fixed Assets | 6,109.00 | 5,845.00 | 2,853.00 | 2,907.00 | 2,853.00 | 1,287.00 | 1,323.00 | 1,349.00 | 1,358.00 | 1,183.00 | 1,226.00 | 1,333.00 |
| CWIP | 463.00 | 621.00 | 251.00 | 132.00 | 133.00 | 1,616.00 | 1,374.00 | 1,063.00 | 783.00 | 799.00 | 594.00 | 441.00 |
| Investments | 1,645.00 | 792.00 | 659.00 | 422.00 | 500.00 | 266.00 | 191.00 | 213.00 | 241.00 | 226.00 | 205.00 | 279.00 |
| Other Assets | 3,154.00 | 2,867.00 | 2,239.00 | 2,020.00 | 1,812.00 | 1,349.00 | 1,214.00 | 1,057.00 | 1,030.00 | 907.00 | 803.00 | 991.00 |
| Total Assets | 11,371.00 | 10,125.00 | 6,002.00 | 5,481.00 | 5,298.00 | 4,518.00 | 4,102.00 | 3,682.00 | 3,413.00 | 3,115.00 | 2,827.00 | 3,044.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1,735.00 | 886.00 | 742.00 | 701.00 | 917.00 | 188.00 | 336.00 | 480.00 | 300.00 | 177.00 | 469.00 | -36.00 |
| Cash from Investing Activity | -1,166.00 | -2,132.00 | -423.00 | -431.00 | -466.00 | -186.00 | -415.00 | -399.00 | -156.00 | -241.00 | -148.00 | 330.00 |
| Cash from Financing Activity | -519.00 | 1,200.00 | -223.00 | -479.00 | -331.00 | -70.00 | 199.00 | -106.00 | -86.00 | 63.00 | -383.00 | -385.00 |
| Net Cash Flow | 50.00 | -46.00 | 96.00 | -208.00 | 120.00 | -68.00 | 120.00 | -24.00 | 58.00 | -1.00 | -61.00 | -91.00 |
| Free Cash Flow | 1,400.00 | 396.00 | 477.00 | 485.00 | 644.00 | -115.00 | -16.00 | 155.00 | 49.00 | -63.00 | 309.00 | -50.00 |
| CFO/OP % | 98.00 | 74.00 | 112.00 | 88.00 | 87.00 | 52.00 | 112.00 | 123.00 | 90.00 | 89.00 | 254.00 | -2.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 18.00 | 17.00 | 10.00 | 16.00 | 16.00 | 23.00 | 23.00 | 15.00 | 22.00 | 27.00 | 31.00 | 20.00 |
| Inventory Days | 99.00 | 115.00 | 80.00 | 106.00 | 107.00 | 157.00 | 141.00 | 107.00 | 102.00 | 133.00 | 84.00 | 177.00 |
| Days Payable | 22.00 | 28.00 | 26.00 | 24.00 | 46.00 | 67.00 | 72.00 | 46.00 | 39.00 | 59.00 | 42.00 | 29.00 |
| Cash Conversion Cycle | 96.00 | 105.00 | 64.00 | 98.00 | 77.00 | 113.00 | 92.00 | 76.00 | 85.00 | 101.00 | 72.00 | 168.00 |
| Working Capital Days | 165.00 | 68.00 | 49.00 | 67.00 | 53.00 | 97.00 | 120.00 | 96.00 | 99.00 | 154.00 | 117.00 | 7.00 |
| ROCE % | 17.00 | 15.00 | 15.00 | 19.00 | 29.00 | 15.00 | 8.00 | 13.00 | 14.00 | 8.00 | 6.00 | 12.00 |
Corporate Actions
22 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 14 Aug 2026 | 14 Aug 2026 | — | 2.00 | |
| Dividend | 22 Aug 2025 | 22 Aug 2025 | — | 1.50 | |
| Dividend | 30 Aug 2024 | 30 Aug 2024 | — | 1.00 | |
| Dividend | 08 Sep 2023 | 08 Sep 2023 | — | 0.75 | |
| Split | 04 Aug 2023 | 04 Aug 2023 | 10:1 | — | |
| Dividend | 05 May 2022 | 06 May 2022 | — | 7.50 | |
| Other | 05 May 2022 | 06 May 2022 | — | — | Buy Back of Shares |
| Other | 05 May 2022 | 06 May 2022 | — | — | Buy Back |
| Dividend | 18 Aug 2021 | — | — | 7.50 | |
| Dividend | 10 Sep 2020 | — | — | 5.00 | |
| Dividend | 14 Aug 2019 | — | — | 5.00 | |
| Dividend | 23 Aug 2018 | — | — | 5.00 | |
| Dividend | 16 Aug 2017 | — | — | 4.00 | |
| Dividend | 17 Mar 2016 | 19 Mar 2016 | — | 2.00 | |
| Dividend | 06 Aug 2015 | — | — | 3.00 | |
| Dividend | 27 Aug 2014 | — | — | 3.00 | |
| Dividend | 22 Aug 2013 | — | — | 3.00 | |
| Dividend | 28 Jun 2012 | — | — | 3.00 | |
| Dividend | 17 Aug 2011 | — | — | 3.00 | |
| Dividend | 28 May 2010 | — | — | 3.00 | |
| Dividend | 16 Jul 2009 | — | — | 3.00 | |
| Dividend | 13 Aug 2008 | — | — | 3.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update1d from fitch
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Rating update11 Nov 2025 from crisil
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Rating update14 Jan 2025 from crisil
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Rating update26 Aug 2024 from crisil
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Rating update17 Oct 2023 from crisil
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Rating update20 Jun 2023 from crisil
Conference Calls
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