Sarda Energy & Minerals reports Q1 FY27 results, achieving 9.4% YoY growth in EBITDA

Sarda Energy & Minerals reports Q1 FY27 results, achieving 9.4% YoY growth in EBITDA​

Sarda Energy & Minerals Ltd. delivered consolidated results for the first quarter of fiscal year 2027 (Q1 FY27), reporting a 9.4% year-over-year growth in Earnings Before Interest, Depreciation, and Amortization (EBITDA) to Rs. 762 crore. The company also posted a Profit After Tax (PAT) of Rs. 478 crore, mirroring the 9.4% YoY increase.

The performance highlights demonstrated the resilience of Sarda’s integrated business model. The energy segment was noted as the primary driver of growth, contributing nearly 70% to the consolidated EBITDA for Q1 FY27. The quarterly net profit benefited from a one-time net gain worth Rs. 110 crore, which related to the regulatory approval of the final project cost for the 113 MW Sikkim Hydropower Plant.

Operational and Financial Highlights​

In the mining segment, operations continued to support captive requirements, strengthening integration and operational efficiency. Mine development remains on schedule, supporting planned increases in production capacity.

The energy vertical reported strong performance metrics across its diverse portfolio. The company generated 6,37,411 Million kWh (Mn KwH) of power during the quarter. Notably, thermal power generation reached 1,391 Mn KwH, contributing to a Cash Profit of Rs. 712 crore, marking an 11.0% YoY increase.

The metals business saw higher Iron Ore Pellet production compared to the previous quarter (QoQ), supporting its operating performance. However, steel production was temporarily impacted by a shutdown of a 30 MW captive turbine, which is expected to resume in August 2026. Steel realizations remained steady on a sequential basis.

Segment Focus and Outlook​

Mr. Pankaj Sarda, Managing Director, commented that Q1 FY27 demonstrated the resilience of the company’s integrated model despite temporary operational disruptions from planned maintenance activities, unplanned outages, and seasonal factors. He noted that, backed by a net debt-free balance sheet and prudent capital allocation, the company is confident in its ability to scale operations significantly.

The management expressed intent to quadruple mining capacity and double energy generation capacity over the medium term. With current operational disruptions addressed, the company expects to return to its normal operating trajectory starting from Q2 FY27 while maintaining a focus on operational excellence. The diversification across energy, metals, and mining assets is intended to create a more resilient business model with reduced commodity cyclicality.

The consolidated financial results show steady earnings momentum despite internal challenges related to plant maintenance and outages during the quarter.

SARDAEN Stock Price Movement​

Sarda Energy & Minerals Limited shares rallied on Friday, settling at ₹516.60 after the equity gained 1.40%, or ₹7.15 per share. The stock traded within a range defined by its previous close of ₹511.8 and reached a daily high of ₹520, accompanied by trading volume totaling 263,897 shares.