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Earnings Call Transcript

Sarda Energy & Minerals Earnings Call Transcript: Key Takeaways

Q1FY27 results were bolstered by a massive ₹110 Cr one-time regulatory benefit from the Sikkim hydro plant, masking operational headwinds in metal segments due to planned and unplanned plant outages.

Guidance and delivery
Management target Revenue 100.0% FY31
Highlights
Revenue growthTotal income ₹1,717 Cr; supported by ₹110 Cr one-time regulatory benefit.
MarginsEBITDA at ₹762 Cr; energy segment provides high-margin stability.
Demand visibilityStrong domestic infrastructure and energy security demand driven by government initiatives.
Management confidenceBalanced; optimistic on long-term expansion but defensive regarding Q1 outages.

Growth

PAT grew 9.4% YoY to ₹478 Cr; however, removing one-time gains reveals underlying operational pressure.

Outlook

Management aims to double energy capacity and quadruple mining capacity by FY31.

Risks

Planned and unplanned outages in Raipur and Vizag impacted steel and ferroalloy volumes.

Last quarter's promises, checked

Delivered

  • Guided EBITDA >₹2,000 Cr → delivered ₹2,025 Cr (= BEAT)
  • Guided Gare Palma IV/7 expansion to 1.8 MTPA → delivered 1.8 MTPA (= BEAT)
  • Guided Net Debt reduction → delivered 85% reduction to ₹215 Cr (= BEAT)

Partly delivered

  • Guided 30MW Raipur turbine restart by end of June → delivered mid-month trial (= PARTIAL)
Source

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

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Sarda Energy & Minerals Ltd: key numbers

Share price
₹493.15
Market cap
₹17,378 Cr
Revenue (annual)
₹5,690 Cr
Net profit (annual)
₹1,106 Cr
P/E (TTM)
15.4×Sector 19.0×
Promoter holding
73.16%+0.00% QoQ
FII holding
3.51%Current quarter

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

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Sarda Energy & Minerals Earnings Call: Key Takeaways

Sarda Energy reported a 23% YoY revenue increase to ₹5,928 cr and a 58% PAT jump to ₹1,109 cr in FY26, driven by a strategic shift towards integrated energy and mining.