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NSE:SANDUMA

SANDUR MANG & IRON ORES L

Metals & Mining › Ferrous Metals·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
₹171.99
at close · 28 Oct 2026
▲ 8.84 (+5.42%)

Latest filings

Next results: Tue, 3 Nov · Financial Results/Other business matters
  1. Board to review September 2026 quarterly and half-year results · Results
  2. Subsidiary leases 6.2-acre medical devices site in Visakhapatnam · Compliance
  3. Newspaper notice on special window for dematerialising physical shares · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Mines iron ore and manganese ore, makes steel through its Arjas Steel subsidiary, and produces ferroalloys and coke. Steel is the largest revenue segment at 59.0% of FY26 segment revenue, contributing ₹3,141.09 crore against an EBIT of ₹202.33 crore after consolidation of Arjas Steel acquired in November 2024. The Mining segment, at 31.1% of segment revenue, generated ₹1,656.66 crore but contributed the bulk of segment profit with an EBIT of ₹862.74 crore. Ferroalloys (7.1% of segment revenue) and Coke and energy (2.7%) are smaller lines. Materials are the biggest cost line at 40.2% of revenue, followed by other operating expenses at 28.2%. The company became standalone net debt-free in March 2026 after prepaying ₹423 crore of NCDs ahead of maturity.

Revenue mix · reported segments
Steel59.0%
Mining31.1%
Ferroalloys7.1%
Coke and energy2.7%
Operating scale
Iron ore production
4.35 MTPAFY26
Manganese ore production
0.59 MTPAFY26
Total revenue
₹5,088.42 crFY26
Net profit
₹658.07 crFY26
EBITDA margin
24.6%FY26
Promoter holding
74.22%
Who pays it
Industrial steel buyers, steel mills (ore customers), ferroalloy and coke buyers — mostly B2B
Biggest cost
Raw materials at 40.2% of revenue
Kind of business
Cyclical, vertically integrated from iron and manganese ore mining to steel manufacturing
Where it sits
Iron and manganese ore miner with downstream steel making through the consolidated Arjas Steel subsidiary
Market Cap
₹8,360 Cr
P / E (TTM)
11.7×
EV / EBITDA
7.2×
Div Yield
0.24%
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
26.2%▲
ROCE (FY26)
ROE 20.1% · margin 24.6%
Leverage
0.30·
Debt / Equity · low
Net debt ₹942 Cr
Revenue FY19→FY26
7.2×▲
Margin −8.1 pts
₹702 Cr → ₹5,088 Cr
Cash conversion
1.39×▲
Operating cash ÷ profit · 4 yrs
₹2,279 Cr on ₹1,639 Cr
Moves on a normal day
1.65%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 10 Iron & Steel peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#4/11
P/B#9/11
ROCE#2/11
ROE#3/11
Debt / Equity#3/11
EBITDA margin#2/11
Revenue growth#2/11
Profit growth#5/11

Scorecard

Measured from the filed financials, judged against its Iron & Steel peers · as of FY26 — not investment advice

Strengths
Returns on capital 26.2%
#2 of 11 in Iron & Steel on the latest reported figures · down from 32.4% in FY19
Debt at 0.30× equity
lower than 80% of its 11 Iron & Steel peers
Over 4 years it reported ₹1,639 Cr of profit and ₹2,279 Cr of operating cash — 1.39×
Profit is converting into cash
Concerns
Customers are taking longer to pay — 11 → 31 days of receivables
FY19 → FY26

Charts

How has the market priced it — with filings on the timeline?

SANDUMA · price

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

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from SANDUR MANG & IRON ORES L's filed financials and exchange disclosures

What does SANDUR MANG & IRON ORES L do?

SANDUR MANG & IRON ORES L is a Ferrous Metals company listed on NSE and BSE, trading under the symbol SANDUMA.

Is SANDUR MANG & IRON ORES L profitable?

Yes. Over the trailing twelve months SANDUR MANG & IRON ORES L reported a net profit of ₹719 Cr on revenue of ₹5,328 Cr.

Does SANDUR MANG & IRON ORES L pay a dividend?

Yes. The dividend yield is 0.24% at the current price. It paid out 3% of its profit as dividend in FY26.

Is SANDUR MANG & IRON ORES L debt-free?

No. It reported borrowings of ₹995 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹942 Cr after cash. Debt stands at 0.30× equity. That is lower than 80% of its 11 Iron & Steel peers.

Is SANDUR MANG & IRON ORES L expensive compared with its peers?

On trailing P/E, SANDUR MANG & IRON ORES L ranks 4 of 11 in Iron & Steel — cheaper than 70% of them, against an industry median of 14.2×. This is a position, not a valuation judgement.

How much does the SANDUR MANG & IRON ORES L share price move in a day?

On a typical session SANDUR MANG & IRON ORES L moves 1.65% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are SANDUR MANG & IRON ORES L's next results?

Financial Results/Other business matters on Tue, 3 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track SANDUR MANG & IRON ORES L's announcements?

Every NSE and BSE filing by SANDUR MANG & IRON ORES L appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.