Sarda Energy & Minerals Limited has informed the Exchange regarding Outcome of Board Meeting held on May 23, 2026.
SARDAEN · price
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Sarda Energy & Minerals Limited reported strong FY2026 results with consolidated revenue growing 22.6% to ₹5,690 crore from ₹4,643 crore. Profit after tax surged 56% to ₹1,063 crore (standalone ₹949 crore) from ₹681 crore. EBITDA expanded significantly with operating cash flow more than doubling to ₹1,735 crore. The Board approved an unmodified audit opinion from Singhi & Co., recommended a 200% dividend (₹2 per share), and sanctioned a ₹500 crore expansion of pellet manufacturing capacity by 1.1 million tonnes. Power segment revenue jumped to ₹2,846 crore from ₹1,884 crore largely due to the SKS Power acquisition completed in August 2024. EPS improved to ₹31.38 from ₹19.86.
The robust profit growth, strong cash generation, and capacity expansion signal solid operational performance and bullish outlook. Shareholders can expect dividend income while the pellet expansion supports long-term revenue growth prospects.