Outcome of Board Meeting
SARDAEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sarda Energy & Minerals reported strong FY2026 results with standalone revenue growing 24.4% to ₹4,334 crore and net profit up 56% to ₹949 crore. Consolidated revenue rose 22.6% to ₹5,690 crore with net profit of ₹1,063 crore. The company acquired SKS Power Generation (Aug 2024) making power segment results non-comparable; power revenue surged from ₹1,339 crore to ₹2,272 crore in standalone. Auditors Singhi & Co. issued unmodified (clean) opinion. Board recommended ₹2 per share dividend (200%) and approved ₹500 crore investment to expand pellet manufacturing capacity by 1.1 MnT. EPS standalone stood at ₹26.92 vs ₹17.26 previous year.
Strong growth trajectory with 56% PAT growth well above 25% threshold, margin expansion, and clean audit signal positive momentum. The ₹500 crore pellet expansion indicates bullish outlook on steel demand. Dividend provides near-term shareholder return.