Sarda Energy & Minerals Approves Expansion and Releases FY 2026 Financial Results
Sarda Energy & Minerals Limited announced the outcomes of its Board of Directors meeting held on May 23, 2026. During the meeting, the Board approved the audited standalone and consolidated financial statements, along with segment-wise results, for the financial year ended March 31, 2026.The company also recommended a dividend and approved a significant expansion plan for its pellet manufacturing capacity.
The statutory auditors, M/s. Singhi & Co., Chartered Accountants, issued an unmodified opinion on both the standalone and consolidated results for the financial year ended March 31, 2026.
Financial Performance Highlights
The Board of Directors recommended a dividend of ₹ 2/- (or 200%) per equity share of ₹ 1/- each for the financial year 2025-26, subject to the approval of the members at the ensuing Annual General Meeting.The Company also approved the expansion of its Pellet manufacturing capacity by 1.1 MnT, requiring an approximate investment of ₹ 500 crore.
Standalone and Consolidated Financial Results
The financial statements provide a comparative look at the company’s performance across various segments. The following table summarizes the total income and profit figures:| Metric (₹ in Crore) | Year Ended 31.03.26 | Year Ended 31.03.25 |
|---|---|---|
| Consolidated Revenue from Operations | 5,690.45 | 4,642.85 |
| Consolidated Total Income | 5,927.54 | 4,815.25 |
| Total Profit After Tax | 1,109.44 | 918.12 |
Key Standalone Financial Metrics
The key standalone financial results show the following figures (₹ in Crore):| Particulars | Quarter Ended 31.03.26 (Unaudited) | Quarter Ended 31.03.25 (Unaudited) | Year Ended 31.03.26 (Audited) | Year Ended 31.03.25 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 1,016.74 | 1,013.09 | 4,333.69 | 3,484.17 |
| Profit/(Loss) before Tax | 216.38 | 180.77 | 1,263.08 | 828.76 |
| Profit/(Loss) after Tax | 159.89 | 115.25 | 948.71 | 608.06 |
Segment-Wise Performance (Consolidated)
The segment-wise analysis of net sales/income from operations highlights the contribution of key vertical segments.| Segment | Revenue from Operations (₹ Cr) | Profit Before Tax (₹ Cr) |
|---|---|---|
| Steel | 5,690.45 | 318.10 |
| Ferro Alloys | 4,642.85 | 263.34 |
| Power | 1,253.58 | 1,095.02 |
| Unallocated | 20.48 | 17.35 |
Asset and Liability Positions
The company's balance sheet summary shows the following total assets (₹ in Crore):| Metric | 31.03.26 (Audited) | 31.03.25 (Audited) |
|---|---|---|
| Total Assets | 11,337.69 | 10,091.57 |
| Total Equity | 7,334.76 | 6,251.19 |
| Total Liabilities | 3,894.41 | 3,732.30 |
Cash Flow Generation
In the financial year ended March 31, 2026, the consolidated cash flow statement indicated significant operating cash generation.| Activity | Year Ended 31.03.26 (₹ Cr) | Year Ended 31.03.25 (₹ Cr) |
|---|---|---|
| Cash Flow from Operating Activities | 1,734.84 | 885.70 |
| Cash Flow from Investing Activities | (1,165.79) | (347.90) |
| Cash Flow from Financing Activities | (519.30) | 1,201.43 |
| Net Cash in Closing Balance | 107.58 | 57.82 |
Corporate Governance and Operations
The Board confirmed the re-appointment of M/s. S.N. & Company, Cost & Management Accountants, as the Cost Auditors for the financial year 2026-27, contingent upon ratification of their remuneration by the shareholders.The company also approved the incorporation of the expansion plan, detailing that the proposed Pellet manufacturing capacity addition of 1.1 MnT is targeted to be added within 30 Months from the start of work on the project or placement of the order, with an investment requirement of approximately ₹ 500 crore. The financing mode for this expansion will combine internal accruals and debt.
SARDAEN Stock Price Movement
On Friday, Sarda Energy & Minerals Limited shares gained 1.41% to close at ₹568.35, posting an increase of ₹7.95 for the session. The stock recorded a trading volume of 287,178 shares throughout the day, reflecting steady investor interest.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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