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Earnings Call

Sandur Manganese & Iron Ores Earnings Call: Key Takeaways

SMIORE delivered strong FY26 performance, integrating Arjas Steel and achieving record mining volumes. Consolidated revenue grew 61% to ₹5,163cr with EBITDA of ₹1,284cr.

Why this was an Alfa AlertNot a filter event. Reported 'highest ever' records but no explicit beat against prior management-guided numerical ranges.
Highlights
Revenue growthFY26 Consolidated: 61% YoY growth to ₹5,163 crore.
MarginsConsolidated EBITDA margin at 25%; Standalone margins expanded to 44%.
Demand visibilitySupportive operating environment for iron, steel, and automotive industries.
Management confidenceHigh; citing robust foundation for accelerated FY27 performance.

Growth

FY26 Consolidated Revenue up 61% YoY; PAT up 40% to ₹658cr. Manganese ore production +15%, Iron ore +14%.

Outlook

Guidance to fully utilize 4.45 MTPA iron ore MPAP in FY27; Downhill Conveyor System operational by H1FY27.

Risks

Muted realisations in FY26 due to price bottoming; dependency on automotive sector demand for specialty steel.

Source

Earnings Call filed with BSE, NSE: SANDUMA. Summary written with AI assistance from the document.

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Sandur Manganese & Iron Ores Ltd: key numbers

Share price
₹184.79
Market cap
₹8,983 Cr
Revenue (annual)
₹5,088 Cr
Net profit (annual)
₹656.6 Cr
P/E (TTM)
12.5×Sector 19.0×
Promoter holding
74.22%+0.00% QoQ
FII holding
1.73%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Sandur Manganese & Iron Ores Ltd

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12:02 IST BSE
Merger & Restructuring

Sandur Manganese & Iron Ores Merger & Restructuring Worth ₹1 Cr

The Sandur Manganese & Iron Ores Ltd incorporated a new wholly owned subsidiary, Royal Sandur MedTech Private Limited, for medical devices and consumables manufacturing.

Value
₹1.00 Cr
17:27 IST BSE
Merger & Restructuring

Sandur Manganese & Iron Ores Merger & Restructuring Worth ₹1 Cr

Sandur Manganese & Iron Ores approved the incorporation of a wholly-owned subsidiary, 'Royal Sandur MedTech Private Limited', with a capital investment of ₹1 Crore.

Value
₹1.00 Cr
17:24 IST BSE
Legal & Regulatory

Sandur Manganese & Iron Ores Legal & Regulatory

Sandur Manganese & Iron Ores Ltd's subsidiary, Royal Sandur Metals Private Limited, received a customs penalty order of ₹0.12 Crore.

Value
₹0.12 Cr
19:58 IST BSE
Financial Results

Sandur Manganese & Iron Ores Q4 FY26 Results: Net Profit ₹236.3 Cr, Up 51.0% YoY

Sandur Manganese & Iron Ores Ltd reported revenue from operations of ₹1,511 Cr (+14.4% YoY) and net profit of ₹236.3 Cr (+51.0% YoY) for Q4 FY26.

Key figure
Net profit ₹236.3 Cr · +51.0% YoY