Sandur Manganese & Iron Ores Ltd

Sandur Manganese & Iron Ores Ltd

156.55
INR
-5.53
(-3.41%)
14.77EPS
13.76P/E
98.61BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
7.39
7.47
5.72
8.8
12.8
14.73
12.02
15.22
46.29
43.88
25.46
63.83
103.5
109.49
Basic EPS, GAAP
0.78
0.54
0.16
1.28
2.35
3.14
3.05
3.19
13.98
5.62
4.93
9.67
13.51
14.75
Free Cash Flow per Basic Share
0.35
0.76
-0.15
1.81
2.73
3.6
-6.93
5.8
16.46
-0.93
1.03
15.49
20.32
- -
Dividend per Share
- -
0.06
0.06
0.09
0.15
0.1
0.19
0.09
0.19
0.28
0.28
0.33
0.42
- -
Book Value per Share
7.18
7.65
7.94
9.14
11.31
14.3
17.38
20.56
34.35
39.78
44.4
53.75
66.93
- -
Tangible Book Value per Share
7.15
7.62
7.84
9.06
11.23
14.23
17.36
20.55
34.34
39.77
44.39
45.77
59.08
- -
Basic Weighted Avg Shares
469
469
469
469
469
469
483
483
483
482
486
486
486
487
Sales/Revenue/Turnover
3,469
3,506
2,688
4,133
6,008
6,918
5,807
7,350
22,360
21,128
12,378
31,030
50,310
53,278
Operating Margin (%)
11.07
9.98
-2.09
21.41
27.03
31.55
31.67
34.11
41.08
17.08
21.21
21.41
19.98
19.55
Depreciation Expense
178
96
91
117
121
126
195
268
556
643
578
1,208
2,118
2,117
Net Income, GAAP
368
255
74
599
1,105
1,474
1,474
1,539
6,751
2,708
2,395
4,702
6,566
7,176
Effective Tax Rate (%)
35.02
19.61
57.15
32.67
34.25
34.23
15.68
38.31
26.24
24.6
26.58
23.96
20.39
19.86
Profit Margin (%)
10.61
7.27
2.75
14.49
18.39
21.3
25.38
20.94
30.19
12.82
19.34
15.15
13.05
13.47
Working Capital
586
663
813
1,364
2,074
1,034
2,007
3,759
9,616
10,307
11,505
2,502
2,500
- -
LT Debt
- -
- -
- -
- -
- -
- -
3,366
3,115
2,526
1,624
997
13,396
5,795
- -
Total Equity
3,642
3,887
4,015
4,603
5,630
7,040
8,397
9,931
16,592
19,337
21,583
26,273
32,698
- -
Return on Invested Capital (%)
7.9
7.08
1.57
11.38
18.5
21.01
14.77
11.37
40.55
13.19
8.7
14.86
17.61
- -
Return on Capital (%)
10.73
6.12
1.97
14.82
22.06
23.79
15.67
12.41
42.24
14.19
11.3
15.89
18.36
- -
Return on Common Equity (%)
11.49
7.32
2.02
14.94
23.01
24.51
19.51
16.8
50.91
15.07
11.7
19.71
22.39
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
4,199
- -
LT Borrowings
- -
5,782
- -
LT Finance Leases
- -
13
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
486
486
486
Market Capitalization
118,021
83,552
98,606

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
18,130
- -
Cash, Cash Equivalents & STI
- -
2,275
- -
Accounts Receivable, Net
- -
4,379
- -
Inventories
- -
8,725
- -
Total Current Liabilities
- -
15,630
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
4,199
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
24.09%
28.28%
24.45%
Free Cash Flow
-39.55%
258.92%
31.16%
Net Income, GAAP
123.61%
80.63%
39.66%
Sales/Revenue/Turnover
49.49%
74.02%
62.13%
Total Cash Common Dividend
33.63%
40.55%
24.97%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
6,017
2,603
9,519
13,213
31,030
2026
11,354
12,323
12,093
15,114
50,310
2027
13,748
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.97
0.66
2.83
3.21
9.67
2026
3.43
2.85
2.38
4.85
13.51
2027
4.67
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.33
2026
- -
- -
- -
- -
0.42
2027
- -
- -
- -
- -
- -

Company Description

CEO
Bahirji Ajai Ghorpade
Full Time Employees
2,716
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
Sandur House Bangalore KA India 560080
IPO Date
Jul 14, 2005
Business
The Sandur Manganese & Iron Ores Limited (SANDUMA.NS) engages in the mining and processing of manganese and iron ores, along with power generation and ferroalloys production. The company produces high-grade manganese ore, fines, sinters, and electrolytic manganese dioxide; iron ore fines and lumps; sponge iron through direct reduced iron processes; ferroalloys including high-carbon ferrochrome and ferro-manganese; and electricity from thermal and solar power plants. It operates primarily in the mining and metals industry, serving domestic steel manufacturers, exporters, and power consumers in India, with facilities located in Karnataka. Founded in 1956 and headquartered in Bengaluru, India, the company manages captive iron ore and manganese mines in the Sandur region, alongside integrated steel plants and a 175 MW thermal power facility supplemented by solar assets. Its business segments encompass mining, ferroalloys, energy, and sponge iron, targeting bulk consumers in the Indian steel and infrastructure sectors with a focus on sustainable resource extraction. In recent developments within the last two years, the company expanded its ferroalloys capacity through the commissioning of a new 20,000-tonne high-carbon ferrochrome furnace in 2024, enhancing production efficiency amid rising domestic steel demand. It formed a strategic partnership with a leading Japanese trading house for manganese ore exports in early 2025, bolstering its international footprint. Additionally, Sandur secured a INR 500 crore funding round from institutional investors in mid-2024 to support mine expansions and renewable energy integrations, marking a shift toward greener operations.