Sarda Energy & Minerals Limited
456.30
INR
-8.20
(-1.77%)
ISIN
INE385C01021
Return %
Stock
S&P 500
1Y
-16.35
14.20
3Y
110.28
81.12
5Y
467.43
68.34
Capital Structure
INR
•
in mil. unless spec.Working Capital
INR
•
in mil. unless spec.Growth Rates
INR
•
in mil. unless spec.Quarterly Revenue
INR
•
in mil. unless spec.Quarterly Earnings Per Share
INR
•
in mil. unless spec.Quarterly Dividends Per Share
INR
•
in mil. unless spec.Company Description
- CEO
- Pankaj Sarda
- Full Time Employees
- 5,475
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- Industrial Growth Center Raipur CT India 493 111
- IPO Date
- Dec 3, 2009
- Website
- seml.co.in
- Similar Companies
- Business
- Sarda Energy & Minerals Limited, incorporated in 1973 and headquartered in Raipur, India, is the flagship company of the Sarda Group and a vertically integrated producer in the steel and energy sectors. The company manufactures and sells a range of steel products including sponge iron (direct reduced iron), billets, wire rods, and ferro alloys, alongside eco-bricks and HB wires. It operates captive iron ore mines and produces iron ore pellets, ensuring raw material security and cost efficiency. The company also has significant involvement in mining operations and power generation, operating thermal and solar power plants and hydroelectric projects through special purpose vehicles. Recent major developments include the strategic acquisition of SKS Power Generation (Chhattisgarh) Ltd, a coal-based thermal power plant with a capacity of 4x300 MW near their coal mines in Raigarh, which enhances the company’s power generation capacity and integration. Sarda Energy & Minerals has also commenced operations at the Rehar-1 Hydro Project (24.9 MW) and expanded coal mining with the allocation of the Senduri coal block and operationalization of the Gare Palma coal mine. The company plans to raise the capacity of its iron ore pellet plant and has made progress in securing licenses and approvals for new mining projects, including the Surjagarh-1 iron ore mine and a joint venture for the Bartunga Hill high-grade coal mine. These moves reinforce the company’s growth strategy in steel production supported by captive mining and power generation. The company operates through multiple business segments spanning steel production, ferro alloys manufacturing, and power generation, targeting industrial customers in India and export markets. It holds the status of a two-star export house recognized by the Ministry of Commerce & Industry, Government of India. Its vertically integrated model includes self-sufficient captive power generated from waste heat recovery and coal, strengthening its competitive position in cost and supply chain management. Sarda Energy & Minerals is listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) with promoters holding approximately 72.5% of the equity. The company’s product portfolio and strategic expansion in mining and power sectors position it as a significant player in India’s steel and energy industries. The latest operational and capacity expansions in mining, power, and steel product manufacturing highlight a robust growth trajectory and enhanced operational scale for the firm.