SARDAENBSESarda Energy & Minerals Ltd-$MediumNeutral
Announced Sat, 23 May · 19:23 IST

Press Release

Analyst Day Multiyear TargetsPromoter Disclosed Acquisition PlansInvestor Communications View source PDF

SARDAEN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-6.3%1-day move
₹570.00
prior close
₹572.00
base price
After-mkt
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AI summary

Sarda Energy & Minerals reported strong FY26 results with total income of Rs 5,928 crore (up 23% YoY) and EBITDA crossing Rs 2,000 crore for the first time. Full-year PAT grew 58% to Rs 1,109 crore, driven by record production across Sponge Iron, Iron Ore Pellets, HB Wires, and coal, along with highest-ever thermal and hydro power generation. The energy segment contributed two-thirds of FY26 EBITDA. For Q4 FY26, revenue was Rs 1,258 crore, EBITDA Rs 352 crore (up 11% YoY), and PAT Rs 155 crore (up 53% YoY). The Hon'ble Supreme Court upheld the company's resolution plan for SKS Power Generation (Chhattisgarh), clearing the path to double capacity by FY30. The company announced its highest-ever dividend of 200%. The MD highlighted a 5x energy capacity expansion and 3x PAT growth over five years, with plans to scale further via a new 66 MW hydropower project in Arunachal Pradesh.

Likely market impact

The company delivered exceptional full-year growth with strong margin expansion and is now debt-free, positioning it well for the planned capacity expansion. The Supreme Court ruling on SKS Power removes a key legal uncertainty, making the FY30 doubling-of-capacity target more credible.