sharesgurusharesguru
Account menu
sharesguru
SARDAEN

SARDAEN - Sarda Energy & Minerals Ltd Share Price

Ferrous Metals

534.95-21.60(-3.88%)
Market Closed as of Aug 8, 2025, 15:30 IST

Valuation

Market Cap15.37 kCr
Price/Earnings (Trailing)21.96
Price/Sales (Trailing)3.19
EV/EBITDA12.82
Price/Free Cashflow38.86
MarketCap/EBT16.74
Enterprise Value18.13 kCr

Fundamentals

Revenue (TTM)4.82 kCr
Rev. Growth (Yr)37.9%
Earnings (TTM)702.18 Cr
Earnings Growth (Yr)14.1%

Profitability

Operating Margin19%
EBT Margin19%
Return on Equity10.98%
Return on Assets6.94%
Free Cashflow Yield2.57%

Price to Sales Ratio

Latest reported: 3

Revenue (Last 12 mths)

Latest reported: 5 kCr

Net Income (Last 12 mths)

Latest reported: 702 Cr

Growth & Returns

Price Change 1W-1.6%
Price Change 1M-0.60%
Price Change 6M1.1%
Price Change 1Y59.5%
3Y Cumulative Return-21.5%
5Y Cumulative Return20.9%
7Y Cumulative Return1.1%
10Y Cumulative Return15.4%

Cash Flow & Liquidity

Cash Flow from Investing (TTM)-2.13 kCr
Cash Flow from Operations (TTM)885.71 Cr
Cash Flow from Financing (TTM)1.2 kCr
Cash & Equivalents57.82 Cr
Free Cash Flow (TTM)395.39 Cr
Free Cash Flow/Share (TTM)11.22

Balance Sheet

Total Assets10.12 kCr
Total Liabilities3.73 kCr
Shareholder Equity6.39 kCr
Current Assets3.15 kCr
Current Liabilities1.03 kCr
Net PPE5.71 kCr
Inventory808.78 Cr
Goodwill33 Cr

Capital Structure & Leverage

Debt Ratio0.28
Debt/Equity0.44
Interest Coverage3.08
Interest/Cashflow Ops4.94

Dividend & Shareholder Returns

Dividend/Share (TTM)2.5
Dividend Yield0.23%
Shares Dilution (1Y)0.00%
Shares Dilution (3Y)-2.2%

Risk & Volatility

Max Drawdown-73.8%
Drawdown Prob. (30d, 5Y)65%
Risk Level (5Y)62.5%
Pros

Balance Sheet: Strong Balance Sheet.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Insider Trading: There's significant insider buying recently.

Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.

Size: Market Cap wise it is among the top 20% companies of india.

Profitability: Recent profitability of 15% is a good sign.

Cons

Momentum: Stock has a weak negative price momentum.

Technicals: SharesGuru indicator is Bearish.

Past Returns: Underperforming stock! In past three years, the stock has provided -21.5% return compared to 14.6% by NIFTY 50.

The Good, Bad and Ugly
Growth
Measures how quickly a company is expanding through metrics like revenue growth, earnings growth, and cash flow growth over time. Strong growth can indicate future potential.
Profitability
Shows how efficiently a company turns business activities into profit, using metrics like profit margins, return on equity (ROE), and return on assets (ROA).
Size
Indicates the company's market presence through metrics like market capitalization, total assets, and revenue. Size can influence stability and market influence.
Dilution Rank
Tracks how much the company's shares have increased or decreased over time. Lower dilution means existing shareholders maintain stronger ownership stakes.
Balance Sheet
Evaluates the company's financial health by analyzing assets, debts, and equity. A strong balance sheet indicates financial stability and flexibility.
Momentum
Measures the strength and speed of price movements, showing whether the stock is gaining or losing market favor over different time periods.
Technicals
Analyzes price patterns, trading volumes, and other market indicators to identify potential trading opportunities and market trends.
Smart Money
Tracks the investment activities of institutional investors, hedge funds, and other large financial players who often have deep research capabilities.
Insider Trading
Monitors buying and selling of company shares by executives, directors, and other insiders who may have unique insights into the company's prospects.

Investor Care

Dividend Yield0.23%
Dividend/Share (TTM)2.5
Shares Dilution (1Y)0.00%
Earnings/Share (TTM)19.86

Financial Health

Current Ratio3.06
Debt/Equity0.44

Technical Indicators

RSI (14d)56.43
RSI (5d)36.18
RSI (21d)45.82
MACD SignalBuy
Stochastic Oscillator SignalHold
Grufity SignalSell
RSI SignalHold
RSI5 SignalHold
RSI21 SignalHold
SMA 5 SignalSell
SMA 10 SignalSell
SMA 20 SignalSell
SMA 50 SignalSell
SMA 100 SignalSell

Summary of Latest Earnings Report from Sarda Energy & Minerals

Summary of Sarda Energy & Minerals's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Last updated:

The management of Sarda Energy & Minerals Ltd. provided the following outlook and key points:

Outlook:

  1. Macro Environment: Global economic challenges persist, including China's slowdown (4.7% GDP growth) and geopolitical risks (Red Sea disruptions, Middle East conflicts). India's economy remains stable, supported by infrastructure spending, strong tax collections, and foreign capital inflows. Interest rates are expected to decline globally, aiding private capex and steel demand.
  2. Steel Sector: Domestic steel demand is stable (14% YoY consumption growth in Q1), but imports (via FTA routes) and Chinese dumping threaten prices. The government may impose safeguards to curb imports. Ferro alloys face volatility due to supply disruptions.
  3. Energy Projects: The 25MW Rehar hydropower plant is ahead of schedule (commissioning by Q2 FY25), and the 50MW solar project is on track for FY25 completion. These will reduce carbon footprint and enhance energy security.
  4. Coal Mines: Shahpur West mine to start post Stage 2 forest clearance (expected in FY25). Kalyani mine's mining plan approval delayed due to boundary issues (now resolved).

Major Points:

  • Financials: Consolidated PAT rose to INR199 crore in Q1 FY25 (vs. INR172 crore YoY). Net debt-free with INR1,300 crore liquidity. FY25 capex target ~INR700 crore (INR150 crore spent in Q1).
  • Operations: Reduced steel billet production to sell surplus power (higher margins). Hydropower generation fell 13% due to delayed monsoon.
  • SKS Power Acquisition: NCLT order awaited; resolution plan approval expected soon for the 600MW thermal plant.
  • Price Trends: Steel/Ferro alloy prices corrected 6-8% in June/July (vs. Q1 averages). Raw material costs (coal, iron ore) yet to adjust downward.
  • Growth Drivers: Coal mine expansions, renewable energy projects, and waste utilization initiatives to drive future revenue.

Risks: Chinese steel surplus, import pressures, and volatile raw material costs.

Last updated:

Question 1:
Sir, you mentioned that the prices have started to decline from June. Just wanted to understand what are the current prices with respect to 1Q averages? How much it is down?
Answer:
Prices of steel products (e.g., pellets, billets, wire rods) and ferroalloys corrected by 6"“8% compared to Q1 FY25 averages. Raw material costs (coal, iron ore) had not seen material corrections as of the call, with a lag expected in price adjustments during market downturns.

Question 2:
We spent INR150 crores in 1Q. I wanted to understand the overall FY'25 capex, how much is left for spending?
Answer:
FY25 total capex is INR700 crores, with INR150 crores spent in Q1. Remaining funds will focus on coal mine expansions (Shahpur West awaiting Stage 2 forest clearance), solar power projects (50 MW operational by FY25-end), and hydropower (25 MW Rehar plant commissioning this quarter).

Question 3:
Regarding our Raipur captive power plant, it's been shut down last quarter. When do you expect re-start production? What's the status of the 25 MW hydropower project?
Answer:
Raipur plant resumed operations post-statutory overhaul. The 25 MW Rehar hydropower project is ahead of schedule, with dry tests ongoing; commissioning is expected this quarter (vs. March 2025 target) pending forest department approvals for evacuation infrastructure.

Question 4:
Do you see more margin improvement in coming quarters?
Answer:
Margins face pressure due to recent steel price corrections and delayed raw material cost adjustments. Recovery depends on post-monsoon demand, global steel dynamics (China's export pressures), and government trade policies to curb imports.

Question 5:
What is the timeline for SKS Power acquisition and associated capex?
Answer:
NCLT reserved its order post-rehearing; approval is expected soon. SKS Power (2x300 MW operational plant) requires no immediate capex. Integration plans will follow acquisition, pending legal resolution.

Question 6:
How are ferroalloy margins impacted amid price fluctuations?
Answer:
Ferroalloy prices corrected but margins remain stable due to quality control orders (QCOs) limiting substandard imports. Moil reduced manganese ore prices by 10"“27%, balancing input costs. Export volumes rose to 32,500 MT in Q1 (vs. 27,000 MT last quarter).

Question 7:
What is the outlook for domestic steel demand and imports?
Answer:
Strong infrastructure spending and private capex may boost demand. However, rising imports via FTA routes (e.g., China, South Korea) pose risks. The steel ministry is evaluating safeguards, but policy delays could prolong import pressures.

Question 8:
Why did steel production volumes drop in Q1?
Answer:
Billet production was curtailed to sell surplus power on IEX during high-demand periods (elections, heatwaves). Operations will normalize in Q2, subject to power market opportunities during monsoon.

Question 9:
What drives the decision to sell power over producing steel?
Answer:
Margins from merchant power sales (opportunistic, high-price windows) exceeded steel margins in Q1. Strategy remains flexible based on real-time power pricing and seasonal demand shifts.

Question 10:
How will hydropower/solar projects impact carbon footprint?
Answer:
The 25 MW hydropower plant and 50 MW solar project (FY25 completion) will reduce reliance on thermal power. A 30 MW turbine replacement (BHEL order, 24"“28 months) aims to further cut emissions.

Revenue Breakdown

Analysis of Sarda Energy & Minerals's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.

Last Updated: Jun 30, 2025

DescriptionShareValue
Power51.8%939.5 Cr
Steel26.8%486 Cr
Ferro Alloys21.4%388.6 Cr
Total1.8 kCr

Share Holdings

Understand Sarda Energy & Minerals ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Share Holding Details

Shareholder NameHolding %
Chhattisgarh Investments Ltd.39.04%
Sarda Agriculture & Properties Pvt. Ltd.7.33%
Prachi Agriculture & Properties Pvt. Ltd.4.44%
Uma Sarda3.43%
Uma Sarda - Trustee to K K Sarda Family Trust2.76%
Anant Sarda2.23%
Manish J Sarda2.14%
Neeraj Sarda1.99%
Late Veenadevi Sarda1.94%
Pankaj Sarda1.91%
Ghanshyam Sarda1.82%
Kamal Kishore Sarda1.6%
Abakkus Emerging Opportunities Fund -11.45%
Vipula Sarda1.18%
Mukul Mahavir Agrawal1.14%
Chhattisgarh Investments Ltd. (Firm - CIL, SAPPL and PAPPL)0.41%
Aditya Ghanshyam Sarda0.32%
Raghav Sarda0.32%
Sonal Sarda0.16%
Jugal Kishore Sarda (HUF)0.06%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Is Sarda Energy & Minerals Better than it's peers?

Detailed comparison of Sarda Energy & Minerals against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker
Name
Mkt Cap
Revenue
Price %, 1M
Returns, 1Y
P/E
P/S
Rev 1-Yr
Inc 1-Yr
JSWSTEELJSW Steel2.51 LCr1.7 LCr+0.20%+17.40%51.761.48--
TATASTEELTATA STEEL2.02 LCr2.2 LCr+3.20%+2.60%58.920.92--
JINDALSTELJindal Steel & Power1.02 LCr49.93 kCr+8.70%+6.60%35.922.04--
SAILSteel Authority of India53.97 kCr1.05 LCr+1.90%-8.40%17.80.51--
MAITHANALLMaithan Alloys3.32 kCr2.53 kCr-7.20%-0.70%5.261.31--

Income Statement for Sarda Energy & Minerals

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

Balance Sheet for Sarda Energy & Minerals

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

Cash Flow for Sarda Energy & Minerals

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

What does Sarda Energy & Minerals Ltd do?

Sarda Energy & Minerals Limited produces and sells steel products in India. The company product portfolio includes sponge iron, billets and wire rods, ferro alloys, eco-bricks, and HB wires. It is also involved in the coal and iron ore mining, as well as operation of thermal and solar power plants; and offers iron ore pellets. In addition, the company exports its products. Sarda Energy & Minerals Limited was incorporated in 1973 and is headquartered in Raipur, India.

Industry Group:Ferrous Metals
Employees:1,507
Website:www.seml.co.in