Sandur Manganese & Iron Ores Ltd.
•2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Steel: 61.7% • Mining: 29.1% • Ferroralloy & Power: 7.4% • Coke & Energy: 1.7% • Unallocable: 0.1%
PROS
- Company has delivered good profit growth of 42.7% CAGR over last 5 years
- Company has a healthy return on capital (ROCE) of 20.4%
- Company has consistently been profitable over the last 5 years
- Company has delivered good sales growth of 52.9% CAGR over last 5 years
- Latest quarter profit grew 36.4% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.56x)
CONS
- Though reporting repeated profits, the company pays out little dividend (3.7%)
- Growth is decelerating - 3Y profit CAGR (34.4%) trails the 5Y trend (42.7%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | COALINDIA | 400.00 | 7.90 | 246509.13 | 6.62 | 8849.81 | 1.32 | 46254.80 | 45.09 | 35.43 | 26.61 |
| 2. | NMDC | 83.24 | 9.81 | 73183.09 | 4.20 | 1976.23 | 0.43 | 6795.25 | 0.84 | 29.84 | 35.89 |
| 3. | KIOCL | 376.95 | 0.00 | 22909.18 | 0.00 | -15.48 | 59.04 | 158.01 | 73.79 | -10.27 | -16.83 |
| 4. | GMDCLTD | 557.70 | 18.54 | 17734.86 | 1.70 | 163.43 | -0.21 | 906.64 | 23.76 | 14.20 | 21.12 |
| 5. | SANDUMA | 196.45 | 13.32 | 9549.53 | 0.25 | 2278.50 | 1263.64 | 13747.80 | 1110.85 | 23.78 | 24.91 |
| 6. | ASHAPURMIN | 589.25 | 13.83 | 5628.88 | 0.34 | 108.31 | -4.91 | 1616.12 | 19.22 | 18.58 | 11.63 |
| 7. | MOIL | 252.75 | 69.44 | 5143.09 | 1.40 | 513.84 | — | 2677.04 | — | 19.12 | 28.40 |
| 8. | DECNGOLD | 233.35 | 0.00 | 4636.70 | 0.00 | -87.26 | -210.25 | 6.03 | 1462.18 | -20.83 | -826.53 |
| 9. | ORISSAMINE | 4632.55 | 0.00 | 2779.53 | 0.00 | -7.61 | 75.80 | 28.99 | 330.83 | -44.94 | -32.24 |
| 10. | 20MICRONS | 195.95 | 10.21 | 691.44 | 0.64 | 17.74 | 5.22 | 244.72 | -0.99 | 17.83 | 13.13 |
| 11. | ASOCSTONE | 24.78 | 0.00 | 223.21 | 1.61 | 7.97 | 2887.41 | 44.18 | -25.13 | 13.63 | 27.86 |
| 12. | OSWALMIN | 28.90 | 0.00 | 22.40 | 0.00 | — | — | — | — | 5.85 | — |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 363 | 185 | 153 | 552 | 602 | 260 | 952 | 1,321 | 1,135 | 1,232 | 1,209 | 1,511 | 13,748 | |
| 305 | 147 | 136 | 344 | 411 | 223 | 712 | 1,005 | 836 | 960 | 959 | 1,125 | 11,084 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 19 | 18 | 15 | 31 | 23 | 25 | 20 | 9 | 15 | 12 | 28 | 20 | 147 |
| Interest | 6 | 5 | 5 | 4 | 4 | 5 | 41 | 67 | 54 | 57 | 46 | 55 | 261 |
| Depreciation | 14 | 14 | 15 | 15 | 14 | 14 | 38 | 54 | 51 | 53 | 54 | 54 | 510 |
| 57 | 36 | 13 | 219 | 196 | 43 | 180 | 204 | 209 | 175 | 147 | 297 | 2,800 | |
| Tax % | 29.42% | 25.87% | 25.46% | 26.03% | 25.16% | 25.57% | 23.17% | 23.16% | 20.19% | 20.54% | 20.58% | 20.34% | 18.63% |
| Net Profit | 0 | 0 | 0 | 0 | 144 | 32 | 137 | 156 | 167 | 139 | 116 | 236 | 2,278 |
| 2 | 2 | 1 | 10 | 9 | 1 | 3 | 3 | 10 | 3 | 2 | 5 | 5 | |
| Equity Capital | 27 | 27 | 27 | 162 | 162 | 162 | 162 | 162 | 162 | 486 | 486 | 486 | 4,861 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 27 | 27 | 27 | 162 | 162 | 162 | 162 | 162 | 162 | 486 | 486 | 486 | 4,861 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
- 363
- 305
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 6
- Depreciation
- 14
- 57
- Tax %
- 29.42%
- Net Profit
- 0
- 2
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 185
- 147
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 5
- Depreciation
- 14
- 36
- Tax %
- 25.87%
- Net Profit
- 0
- 2
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 153
- 136
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 5
- Depreciation
- 15
- 13
- Tax %
- 25.46%
- Net Profit
- 0
- 1
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 27
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 552
- 344
- Operating Profit
- —
- OPM %
- —
- Other Income
- 31
- Interest
- 4
- Depreciation
- 15
- 219
- Tax %
- 26.03%
- Net Profit
- 0
- 10
- Equity Capital
- 162
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 162
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 602
- 411
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 4
- Depreciation
- 14
- 196
- Tax %
- 25.16%
- Net Profit
- 144
- 9
- Equity Capital
- 162
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 162
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 260
- 223
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 5
- Depreciation
- 14
- 43
- Tax %
- 25.57%
- Net Profit
- 32
- 1
- Equity Capital
- 162
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 162
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 952
- 712
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 41
- Depreciation
- 38
- 180
- Tax %
- 23.17%
- Net Profit
- 137
- 3
- Equity Capital
- 162
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 162
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 1,321
- 1,005
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 67
- Depreciation
- 54
- 204
- Tax %
- 23.16%
- Net Profit
- 156
- 3
- Equity Capital
- 162
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 162
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 1,135
- 836
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 54
- Depreciation
- 51
- 209
- Tax %
- 20.19%
- Net Profit
- 167
- 10
- Equity Capital
- 162
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 162
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 1,232
- 960
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 57
- Depreciation
- 53
- 175
- Tax %
- 20.54%
- Net Profit
- 139
- 3
- Equity Capital
- 486
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 486
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 1,209
- 959
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 46
- Depreciation
- 54
- 147
- Tax %
- 20.58%
- Net Profit
- 116
- 2
- Equity Capital
- 486
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 486
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 1,511
- 1,125
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 55
- Depreciation
- 54
- 297
- Tax %
- 20.34%
- Net Profit
- 236
- 5
- Equity Capital
- 486
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 486
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 13,748
- 11,084
- Operating Profit
- —
- OPM %
- —
- Other Income
- 147
- Interest
- 261
- Depreciation
- 510
- 2,800
- Tax %
- 18.63%
- Net Profit
- 2,278
- 5
- Equity Capital
- 4,861
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 4,861
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 347 | 351 | 269 | 422 | 608 | 702 | 2,126 | 1,252 | 3,135 | 5,088 | 5,328 | |
| 291 | 309 | 266 | 323 | 434 | 478 | 1,733 | 932 | 2,354 | 3,882 | 4,152 | |
| Operating Profit | 74 | 47 | 8 | 109 | 186 | 243 | 452 | 403 | 862 | 1,284 | — |
| OPM % | 21 | 13 | 3 | 26 | 31 | 35 | 21 | 32 | 27 | 25 | — |
| Other Income | 18 | 5 | 6 | 10 | 13 | 19 | 59 | 83 | 81 | 77 | 75 |
| Interest | 0 | 2 | 0 | 7 | 5 | 6 | 28 | 20 | 117 | 212 | 185 |
| Depreciation | 18 | 10 | 9 | 12 | 12 | 13 | 64 | 58 | 121 | 212 | 212 |
| 56 | 35 | 16 | 90 | 169 | 224 | 360 | 325 | 624 | 827 | 898 | |
| Tax % | 35 | 20 | 57 | 33 | 34 | 34 | 25 | 27 | 24 | 20 | 20 |
| Net Profit | 36 | 28 | 7 | 61 | 111 | 147 | 271 | 239 | 475 | 659 | 720 |
| EPS | 42 | 29 | 8 | 68 | 126 | 167 | 17 | 15 | 29 | 14 | — |
| Dividend Payout % | 7 | 10 | 36 | 7 | 6 | 4 | 5 | 7 | 4 | 4 | — |
| Minority Interest | 0 | -2 | 0 | -1 | -1 | -1 | 0 | 0 | -0 | -1 | 1 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 1 | -4 | -1 | -2 |
| Adjusted EPS | 1 | 1 | 0 | 1 | 2 | 3 | 6 | 5 | 10 | 14 | — |
| Minority Interest | 0 | -2 | 0 | -1 | -1 | -1 | 0 | 0 | -0 | -1 | 1 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 1 | -4 | -1 | -2 |
| Adjusted EPS | 1 | 1 | 0 | 1 | 2 | 3 | 6 | 5 | 10 | 14 | — |
- 347
- 291
- Operating Profit
- 74
- OPM %
- 21
- Other Income
- 18
- Interest
- 0
- Depreciation
- 18
- 56
- Tax %
- 35
- Net Profit
- 36
- EPS
- 42
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- 351
- 309
- Operating Profit
- 47
- OPM %
- 13
- Other Income
- 5
- Interest
- 2
- Depreciation
- 10
- 35
- Tax %
- 20
- Net Profit
- 28
- EPS
- 29
- Dividend Payout %
- 10
- Minority Interest
- -2
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- -2
- Share of Associates
- 0
- Adjusted EPS
- 1
- 269
- 266
- Operating Profit
- 8
- OPM %
- 3
- Other Income
- 6
- Interest
- 0
- Depreciation
- 9
- 16
- Tax %
- 57
- Net Profit
- 7
- EPS
- 8
- Dividend Payout %
- 36
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- 422
- 323
- Operating Profit
- 109
- OPM %
- 26
- Other Income
- 10
- Interest
- 7
- Depreciation
- 12
- 90
- Tax %
- 33
- Net Profit
- 61
- EPS
- 68
- Dividend Payout %
- 7
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 1
- 608
- 434
- Operating Profit
- 186
- OPM %
- 31
- Other Income
- 13
- Interest
- 5
- Depreciation
- 12
- 169
- Tax %
- 34
- Net Profit
- 111
- EPS
- 126
- Dividend Payout %
- 6
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 2
- 702
- 478
- Operating Profit
- 243
- OPM %
- 35
- Other Income
- 19
- Interest
- 6
- Depreciation
- 13
- 224
- Tax %
- 34
- Net Profit
- 147
- EPS
- 167
- Dividend Payout %
- 4
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 3
- 2,126
- 1,733
- Operating Profit
- 452
- OPM %
- 21
- Other Income
- 59
- Interest
- 28
- Depreciation
- 64
- 360
- Tax %
- 25
- Net Profit
- 271
- EPS
- 17
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- -0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- -0
- Adjusted EPS
- 6
- 1,252
- 932
- Operating Profit
- 403
- OPM %
- 32
- Other Income
- 83
- Interest
- 20
- Depreciation
- 58
- 325
- Tax %
- 27
- Net Profit
- 239
- EPS
- 15
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- 1
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 1
- Adjusted EPS
- 5
- 3,135
- 2,354
- Operating Profit
- 862
- OPM %
- 27
- Other Income
- 81
- Interest
- 117
- Depreciation
- 121
- 624
- Tax %
- 24
- Net Profit
- 475
- EPS
- 29
- Dividend Payout %
- 4
- Minority Interest
- -0
- Share of Associates
- -4
- Adjusted EPS
- 10
- Minority Interest
- -0
- Share of Associates
- -4
- Adjusted EPS
- 10
- 5,088
- 3,882
- Operating Profit
- 1,284
- OPM %
- 25
- Other Income
- 77
- Interest
- 212
- Depreciation
- 212
- 827
- Tax %
- 20
- Net Profit
- 659
- EPS
- 14
- Dividend Payout %
- 4
- Minority Interest
- -1
- Share of Associates
- -1
- Adjusted EPS
- 14
- Minority Interest
- -1
- Share of Associates
- -1
- Adjusted EPS
- 14
- 5,328
- 4,152
- Operating Profit
- —
- OPM %
- —
- Other Income
- 75
- Interest
- 185
- Depreciation
- 212
- 898
- Tax %
- 20
- Net Profit
- 720
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 1
- Share of Associates
- -2
- Adjusted EPS
- —
- Minority Interest
- 1
- Share of Associates
- -2
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 37%
- 5 Years:
- 53%
- 3 Years:
- 34%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 39%
- 5 Years:
- 43%
- 3 Years:
- 34%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- 27%
RETURN ON EQUITY
- 10 Years:
- 16%
- 5 Years:
- 20%
- 3 Years:
- 18%
- Last Year:
- 22%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 27 | 162 | 162 | 486 |
| 329 | 351 | 355 | 420 | 522 | 662 | 1,907 | 1,996 | 2,451 | 2,768 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 43 | 0 | 27 | 0 | |
| Trade Payables | 53 | 42 | 25 | 29 | 47 | 75 | 252 | 135 | 747 | 852 |
| 327 | 342 | 339 | 113 | 88 | 92 | 1,121 | 1,115 | 3,134 | 1,777 | |
| Total Liabilities | 717 | 743 | 728 | 571 | 666 | 837 | 3,349 | 3,408 | 6,521 | 5,883 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 222 | 225 | 224 | 211 | 213 | 211 | 835 | 844 | 3,068 | 3,260 | |
| Capital Work in Progress | 5 | 4 | 3 | 4 | 12 | 202 | 67 | 116 | 373 | 142 |
| 45 | 58 | 48 | 119 | 175 | 65 | 469 | 484 | 227 | 281 | |
| 59 | 83 | 60 | 89 | 87 | 65 | 292 | 388 | 952 | 872 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 34 | 374 | 438 | |
| Cash & Bank | 21 | 29 | 27 | 29 | 38 | 69 | 513 | 60 | 45 | 88 |
| 365 | 342 | 366 | 120 | 142 | 226 | 1,173 | 1,482 | 1,482 | 801 | |
| Total Assets | 717 | 743 | 728 | 571 | 666 | 837 | 3,349 | 3,408 | 6,521 | 5,883 |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 | 204 | 131 | 1,882 | 995 |
| Net Working Capital | 59 | 66 | 73 | 136 | 207 | 103 | 1,031 | 1,150 | 239 | 239 |
| Contingent Liabilities | 27 | 27 | 51 | 104 | 150 | 190 | 202 | 213 | 493 | 493 |
| Book Value per Share | 385.49 | 410.67 | 415.57 | 490.45 | 606.89 | 767.13 | 715.92 | 133.19 | 161.24 | 66.93 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 | 204 | 131 | 1,882 | 995 |
| Net Working Capital | 59 | 66 | 73 | 136 | 207 | 103 | 1,031 | 1,150 | 239 | 239 |
| Contingent Liabilities | 27 | 27 | 51 | 104 | 150 | 190 | 202 | 213 | 493 | 493 |
| Book Value per Share | 385.49 | 410.67 | 415.57 | 490.45 | 606.89 | 767.13 | 715.92 | 133.19 | 161.24 | 66.93 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
- Equity Capital
- 9
- 329
- 0
- Trade Payables
- 53
- 327
- Total Liabilities
- 717
- 222
- Capital Work in Progress
- 5
- 45
- 59
- 0
- Cash & Bank
- 21
- 365
- Total Assets
- 717
- Total Debt
- 0
- Net Working Capital
- 59
- Contingent Liabilities
- 27
- Book Value per Share
- 385.49
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 59
- Contingent Liabilities
- 27
- Book Value per Share
- 385.49
- Face Value
- 10.00
- Equity Capital
- 9
- 351
- 0
- Trade Payables
- 42
- 342
- Total Liabilities
- 743
- 225
- Capital Work in Progress
- 4
- 58
- 83
- 0
- Cash & Bank
- 29
- 342
- Total Assets
- 743
- Total Debt
- 0
- Net Working Capital
- 66
- Contingent Liabilities
- 27
- Book Value per Share
- 410.67
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 66
- Contingent Liabilities
- 27
- Book Value per Share
- 410.67
- Face Value
- 10.00
- Equity Capital
- 9
- 355
- 0
- Trade Payables
- 25
- 339
- Total Liabilities
- 728
- 224
- Capital Work in Progress
- 3
- 48
- 60
- 0
- Cash & Bank
- 27
- 366
- Total Assets
- 728
- Total Debt
- 0
- Net Working Capital
- 73
- Contingent Liabilities
- 51
- Book Value per Share
- 415.57
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 73
- Contingent Liabilities
- 51
- Book Value per Share
- 415.57
- Face Value
- 10.00
- Equity Capital
- 9
- 420
- 0
- Trade Payables
- 29
- 113
- Total Liabilities
- 571
- 211
- Capital Work in Progress
- 4
- 119
- 89
- 0
- Cash & Bank
- 29
- 120
- Total Assets
- 571
- Total Debt
- 0
- Net Working Capital
- 136
- Contingent Liabilities
- 104
- Book Value per Share
- 490.45
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 136
- Contingent Liabilities
- 104
- Book Value per Share
- 490.45
- Face Value
- 10.00
- Equity Capital
- 9
- 522
- 0
- Trade Payables
- 47
- 88
- Total Liabilities
- 666
- 213
- Capital Work in Progress
- 12
- 175
- 87
- 0
- Cash & Bank
- 38
- 142
- Total Assets
- 666
- Total Debt
- 0
- Net Working Capital
- 207
- Contingent Liabilities
- 150
- Book Value per Share
- 606.89
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 207
- Contingent Liabilities
- 150
- Book Value per Share
- 606.89
- Face Value
- 10.00
- Equity Capital
- 9
- 662
- 0
- Trade Payables
- 75
- 92
- Total Liabilities
- 837
- 211
- Capital Work in Progress
- 202
- 65
- 65
- 0
- Cash & Bank
- 69
- 226
- Total Assets
- 837
- Total Debt
- 0
- Net Working Capital
- 103
- Contingent Liabilities
- 190
- Book Value per Share
- 767.13
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 103
- Contingent Liabilities
- 190
- Book Value per Share
- 767.13
- Face Value
- 10.00
- Equity Capital
- 27
- 1,907
- 43
- Trade Payables
- 252
- 1,121
- Total Liabilities
- 3,349
- 835
- Capital Work in Progress
- 67
- 469
- 292
- 0
- Cash & Bank
- 513
- 1,173
- Total Assets
- 3,349
- Total Debt
- 204
- Net Working Capital
- 1,031
- Contingent Liabilities
- 202
- Book Value per Share
- 715.92
- Face Value
- 10.00
- Total Debt
- 204
- Net Working Capital
- 1,031
- Contingent Liabilities
- 202
- Book Value per Share
- 715.92
- Face Value
- 10.00
- Equity Capital
- 162
- 1,996
- 0
- Trade Payables
- 135
- 1,115
- Total Liabilities
- 3,408
- 844
- Capital Work in Progress
- 116
- 484
- 388
- 34
- Cash & Bank
- 60
- 1,482
- Total Assets
- 3,408
- Total Debt
- 131
- Net Working Capital
- 1,150
- Contingent Liabilities
- 213
- Book Value per Share
- 133.19
- Face Value
- 10.00
- Total Debt
- 131
- Net Working Capital
- 1,150
- Contingent Liabilities
- 213
- Book Value per Share
- 133.19
- Face Value
- 10.00
- Equity Capital
- 162
- 2,451
- 27
- Trade Payables
- 747
- 3,134
- Total Liabilities
- 6,521
- 3,068
- Capital Work in Progress
- 373
- 227
- 952
- 374
- Cash & Bank
- 45
- 1,482
- Total Assets
- 6,521
- Total Debt
- 1,882
- Net Working Capital
- 239
- Contingent Liabilities
- 493
- Book Value per Share
- 161.24
- Face Value
- 10.00
- Total Debt
- 1,882
- Net Working Capital
- 239
- Contingent Liabilities
- 493
- Book Value per Share
- 161.24
- Face Value
- 10.00
- Equity Capital
- 486
- 2,768
- 0
- Trade Payables
- 852
- 1,777
- Total Liabilities
- 5,883
- 3,260
- Capital Work in Progress
- 142
- 281
- 872
- 438
- Cash & Bank
- 88
- 801
- Total Assets
- 5,883
- Total Debt
- 995
- Net Working Capital
- 239
- Contingent Liabilities
- 493
- Book Value per Share
- 66.93
- Face Value
- 10.00
- Total Debt
- 995
- Net Working Capital
- 239
- Contingent Liabilities
- 493
- Book Value per Share
- 66.93
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 16 | 36 | -7 | 85 | 128 | 169 | 142 | 153 | 841 | 1,143 | |
| Cash from Investing | -9 | -24 | 4 | -71 | -106 | -147 | -11 | -66 | -1,561 | 20 |
| Cash from Financing | -0 | -3 | -3 | -13 | -13 | -12 | -129 | -107 | 704 | -1,123 |
| 8 | 9 | -7 | 1 | 9 | 10 | 2 | -20 | -16 | 39 | |
| Free Cash Flow | 16 | 36 | -12 | 85 | 106 | -29 | -502 | 37 | -1,746 | 980 |
| OCF / Net Profit | 0.45 | 1.28 | -1.02 | 1.40 | 1.15 | 1.15 | 0.53 | 0.64 | 1.77 | 1.73 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 232 | 186 | -351 | -302 | -2,133 | -1,259 |
| OCF / Net Profit | 0.45 | 1.28 | -1.02 | 1.40 | 1.15 | 1.15 | 0.53 | 0.64 | 1.77 | 1.73 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 232 | 186 | -351 | -302 | -2,133 | -1,259 |
- 16
- Cash from Investing
- -9
- Cash from Financing
- -0
- 8
- Free Cash Flow
- 16
- OCF / Net Profit
- 0.45
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.45
- Cumulative 5-Year FCF
- 0
- 36
- Cash from Investing
- -24
- Cash from Financing
- -3
- 9
- Free Cash Flow
- 36
- OCF / Net Profit
- 1.28
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.28
- Cumulative 5-Year FCF
- 0
- -7
- Cash from Investing
- 4
- Cash from Financing
- -3
- -7
- Free Cash Flow
- -12
- OCF / Net Profit
- -1.02
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.02
- Cumulative 5-Year FCF
- 0
- 85
- Cash from Investing
- -71
- Cash from Financing
- -13
- 1
- Free Cash Flow
- 85
- OCF / Net Profit
- 1.40
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.40
- Cumulative 5-Year FCF
- 0
- 128
- Cash from Investing
- -106
- Cash from Financing
- -13
- 9
- Free Cash Flow
- 106
- OCF / Net Profit
- 1.15
- Cumulative 5-Year FCF
- 232
- OCF / Net Profit
- 1.15
- Cumulative 5-Year FCF
- 232
- 169
- Cash from Investing
- -147
- Cash from Financing
- -12
- 10
- Free Cash Flow
- -29
- OCF / Net Profit
- 1.15
- Cumulative 5-Year FCF
- 186
- OCF / Net Profit
- 1.15
- Cumulative 5-Year FCF
- 186
- 142
- Cash from Investing
- -11
- Cash from Financing
- -129
- 2
- Free Cash Flow
- -502
- OCF / Net Profit
- 0.53
- Cumulative 5-Year FCF
- -351
- OCF / Net Profit
- 0.53
- Cumulative 5-Year FCF
- -351
- 153
- Cash from Investing
- -66
- Cash from Financing
- -107
- -20
- Free Cash Flow
- 37
- OCF / Net Profit
- 0.64
- Cumulative 5-Year FCF
- -302
- OCF / Net Profit
- 0.64
- Cumulative 5-Year FCF
- -302
- 841
- Cash from Investing
- -1,561
- Cash from Financing
- 704
- -16
- Free Cash Flow
- -1,746
- OCF / Net Profit
- 1.77
- Cumulative 5-Year FCF
- -2,133
- OCF / Net Profit
- 1.77
- Cumulative 5-Year FCF
- -2,133
- 1,143
- Cash from Investing
- 20
- Cash from Financing
- -1,123
- 39
- Free Cash Flow
- 980
- OCF / Net Profit
- 1.73
- Cumulative 5-Year FCF
- -1,259
- OCF / Net Profit
- 1.73
- Cumulative 5-Year FCF
- -1,259
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 42.07 | 29.12 | 8.44 | 68.45 | 126.26 | 167.41 | 100.26 | 14.78 | 29.02 | 13.51 |
| Book Value (₹) | 385.49 | 410.67 | 415.57 | 490.45 | 606.89 | 767.13 | 715.92 | 133.19 | 161.24 | 66.93 |
| Dividend per Share (₹) | 3.00 | 3.00 | 3.00 | 5.00 | 7.00 | 7.00 | 5.00 | 1.00 | 1.25 | 0.50 |
| Cash EPS (₹) | 1.15 | 0.80 | 0.34 | 1.54 | 2.63 | 3.41 | 6.90 | 6.10 | 12.25 | 17.91 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 20.84% | 12.93% | 3.07% | 25.19% | 30.43% | 34.62% | 21.24% | 25.57% | 24.91% | 23.71% |
| Net Margin % | 10.27% | 7.74% | 2.55% | 14.02% | 18.18% | 20.99% | 12.75% | 19.06% | 15.14% | 12.95% |
| ROE % | 11.35% | 8.02% | 1.93% | 15.34% | 23.19% | 24.51% | 20.81% | 11.66% | 19.90% | 22.46% |
| ROCE % | 17.47% | 10.65% | 4.59% | 24.61% | 36.30% | 38.34% | 27.58% | 15.59% | 21.85% | 23.78% |
| 6.29% | 3.83% | 0.95% | 9.36% | 18.00% | 19.60% | 12.95% | 7.06% | 9.56% | 10.62% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 31 | 24 | 9 | 6 | 3 | 7 | 14 | 26 | 24 | 29 |
| Inventory Days | 51 | 72 | 96 | 63 | 52 | 39 | 31 | 99 | 78 | 65 |
| Payable Days | 853 | 1241 | 141 | 133 | 105 | 169 | 51 | 395 | 145 | 137 |
| -771 | -1145 | -37 | -64 | -49 | -123 | -6 | -270 | -43 | -42 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.11x | 0.06x | 0.72x | 0.31x |
| Interest Coverage (x) | 3254.62x | 15.71x | 55.16x | 13.46x | 35.21x | 36.07x | 13.91x | 17.28x | 6.34x | 4.90x |
| 1.42x | 1.53x | 1.75x | 2.15x | 2.74x | 1.68x | 3.10x | 4.92x | 1.15x | 1.14x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 58.36% | 1.06% | -23.35% | 57.11% | 44.02% | 15.47% | 202.76% | -41.10% | 150.38% | 62.31% |
| Operating Profit Growth % | 51.60% | -36.70% | -82.00% | 1199.92% | 70.57% | 30.43% | 85.78% | -10.80% | 113.95% | 48.96% |
| Net Profit Growth % | 57.53% | -23.19% | -75.02% | 771.59% | 83.12% | 32.36% | 83.94% | -11.96% | 98.88% | 38.80% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -85.26% | 96.35% | -53.44% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 24.52x | 5.05x | 12.71x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.72x | 2.73x | 2.57x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.28% | 0.28% | 0.29% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 14.75x | 10.40x | 7.21x |
- EPS (₹)
- 42.07
- Book Value (₹)
- 385.49
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 1.15
- Operating Margin %
- 20.84%
- Net Margin %
- 10.27%
- ROE %
- 11.35%
- ROCE %
- 17.47%
- 6.29%
- Debtor Days
- 31
- Inventory Days
- 51
- Payable Days
- 853
- -771
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 3254.62x
- 1.42x
- Revenue Growth %
- 58.36%
- Operating Profit Growth %
- 51.60%
- Net Profit Growth %
- 57.53%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 29.12
- Book Value (₹)
- 410.67
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 0.80
- Operating Margin %
- 12.93%
- Net Margin %
- 7.74%
- ROE %
- 8.02%
- ROCE %
- 10.65%
- 3.83%
- Debtor Days
- 24
- Inventory Days
- 72
- Payable Days
- 1241
- -1145
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 15.71x
- 1.53x
- Revenue Growth %
- 1.06%
- Operating Profit Growth %
- -36.70%
- Net Profit Growth %
- -23.19%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 8.44
- Book Value (₹)
- 415.57
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 0.34
- Operating Margin %
- 3.07%
- Net Margin %
- 2.55%
- ROE %
- 1.93%
- ROCE %
- 4.59%
- 0.95%
- Debtor Days
- 9
- Inventory Days
- 96
- Payable Days
- 141
- -37
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 55.16x
- 1.75x
- Revenue Growth %
- -23.35%
- Operating Profit Growth %
- -82.00%
- Net Profit Growth %
- -75.02%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 68.45
- Book Value (₹)
- 490.45
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 1.54
- Operating Margin %
- 25.19%
- Net Margin %
- 14.02%
- ROE %
- 15.34%
- ROCE %
- 24.61%
- 9.36%
- Debtor Days
- 6
- Inventory Days
- 63
- Payable Days
- 133
- -64
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 13.46x
- 2.15x
- Revenue Growth %
- 57.11%
- Operating Profit Growth %
- 1199.92%
- Net Profit Growth %
- 771.59%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 126.26
- Book Value (₹)
- 606.89
- Dividend per Share (₹)
- 7.00
- Cash EPS (₹)
- 2.63
- Operating Margin %
- 30.43%
- Net Margin %
- 18.18%
- ROE %
- 23.19%
- ROCE %
- 36.30%
- 18.00%
- Debtor Days
- 3
- Inventory Days
- 52
- Payable Days
- 105
- -49
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 35.21x
- 2.74x
- Revenue Growth %
- 44.02%
- Operating Profit Growth %
- 70.57%
- Net Profit Growth %
- 83.12%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 167.41
- Book Value (₹)
- 767.13
- Dividend per Share (₹)
- 7.00
- Cash EPS (₹)
- 3.41
- Operating Margin %
- 34.62%
- Net Margin %
- 20.99%
- ROE %
- 24.51%
- ROCE %
- 38.34%
- 19.60%
- Debtor Days
- 7
- Inventory Days
- 39
- Payable Days
- 169
- -123
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 36.07x
- 1.68x
- Revenue Growth %
- 15.47%
- Operating Profit Growth %
- 30.43%
- Net Profit Growth %
- 32.36%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 100.26
- Book Value (₹)
- 715.92
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 6.90
- Operating Margin %
- 21.24%
- Net Margin %
- 12.75%
- ROE %
- 20.81%
- ROCE %
- 27.58%
- 12.95%
- Debtor Days
- 14
- Inventory Days
- 31
- Payable Days
- 51
- -6
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 13.91x
- 3.10x
- Revenue Growth %
- 202.76%
- Operating Profit Growth %
- 85.78%
- Net Profit Growth %
- 83.94%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 14.78
- Book Value (₹)
- 133.19
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 6.10
- Operating Margin %
- 25.57%
- Net Margin %
- 19.06%
- ROE %
- 11.66%
- ROCE %
- 15.59%
- 7.06%
- Debtor Days
- 26
- Inventory Days
- 99
- Payable Days
- 395
- -270
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 17.28x
- 4.92x
- Revenue Growth %
- -41.10%
- Operating Profit Growth %
- -10.80%
- Net Profit Growth %
- -11.96%
- -85.26%
- P/E (x)
- 24.52x
- P/B (x)
- 2.72x
- Dividend Yield %
- 0.28%
- 14.75x
- EPS (₹)
- 29.02
- Book Value (₹)
- 161.24
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 12.25
- Operating Margin %
- 24.91%
- Net Margin %
- 15.14%
- ROE %
- 19.90%
- ROCE %
- 21.85%
- 9.56%
- Debtor Days
- 24
- Inventory Days
- 78
- Payable Days
- 145
- -43
- Debt to Equity (x)
- 0.72x
- Interest Coverage (x)
- 6.34x
- 1.15x
- Revenue Growth %
- 150.38%
- Operating Profit Growth %
- 113.95%
- Net Profit Growth %
- 98.88%
- 96.35%
- P/E (x)
- 5.05x
- P/B (x)
- 2.73x
- Dividend Yield %
- 0.28%
- 10.40x
- EPS (₹)
- 13.51
- Book Value (₹)
- 66.93
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 17.91
- Operating Margin %
- 23.71%
- Net Margin %
- 12.95%
- ROE %
- 22.46%
- ROCE %
- 23.78%
- 10.62%
- Debtor Days
- 29
- Inventory Days
- 65
- Payable Days
- 137
- -42
- Debt to Equity (x)
- 0.31x
- Interest Coverage (x)
- 4.90x
- 1.14x
- Revenue Growth %
- 62.31%
- Operating Profit Growth %
- 48.96%
- Net Profit Growth %
- 38.80%
- -53.44%
- P/E (x)
- 12.71x
- P/B (x)
- 2.57x
- Dividend Yield %
- 0.29%
- 7.21x
Documents
Announcements
- Shareholders meeting
2026-08-19 - Sandur Manganese & Iron Ores Limited has informed the Exchange regarding Proceedings of 72nd Annual General Meeting held on August 19, 2026
- Acquisition
2026-08-14 - Sandur Manganese & Iron Ores Limited has informed the Exchange about incorporation of Royal Sandur Academy Private Limited, Wholly Owned Subsidiary of the Company
Annual Reports
Credit Ratings
- Credit Rating- Revision
2026-06-03 - Sandur Manganese & Iron Ores Limited has informed the Exchange about revision in Rating Outlook by Crisil Ratings from 'Crisil A+/Stable' to 'Crisil A+/Positive'

