Sarda Energy & Minerals Limited has informed the Exchange that Board of Directors at its meeting held on May 23, 2026, recommended Final Dividend of Rs. 2 per equity share.
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Sarda Energy & Minerals reported strong FY26 results with standalone revenue growing 24% to ₹4,334 crore and PAT jumping 56% to ₹949 crore compared to FY25. Consolidated revenue stood at ₹5,690 crore with PAT of ₹1,109 crore, up 58% YoY. The board recommended a dividend of ₹2 per share (200% on ₹1 face value) subject to shareholder approval. The auditors issued an unmodified (clean) opinion. The company also announced plans to expand pellet manufacturing capacity by 1.1 million tonnes with an investment of ₹500 crore. This expansion, along with the recent acquisition of SKS Power Generation (completed August 2024), positions the company for continued growth in its power and metals segments.
Strong profitability growth and cash generation support the dividend payout. The ₹500 crore pellet capacity expansion signals confidence in demand outlook but will require capital deployment. Clean audit results reduce risk concerns for investors.