Sandur Manganese & Iron Ores Limited

NSE: SANDUMA · Metals & Mining

₹177.73-0.40%06 Nov 2026

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Instant answers about Sandur Manganese & Iron Ores Limited — computed from its filings, no language model

Market cap₹8,639 cr

Current price₹177.73

High / Low₹265 / ₹157

P/E10.3

P/B2.33

Book value₹76.4

ROE22.6%

ROCE25.9%

Debt / equity0.24

Dividend yield0.23%

EPS (TTM)₹17.26

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY24	FY25	FY26
Revenue	1,252	3,135	5,088
EBITDA	320	785	1,209
Operating margin	25.6%	25.0%	23.8%
Interest	20	117	212
Depreciation	58	121	212
Profit before tax	325	624	827
Tax	86	150	169
Net profit	239	470	657
EPS ₹	14.78	29.02	13.51
Operating cash flow	153	841	1,143
Capex	103	88	155
Dividend paid	14	16	20
Total assets	2,593	5,648	5,527
Equity	2,158	2,613	3,254

Quarterly performance

last 13 quarters · ₹ crore

showing latest 8 of 13 periods

	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	185	153	552	602	260	952	1,321	1,135	1,232	1,209	1,511	1,375	1,506
Operating profit	37	17	208	191	38	240	316	299	273	251	387	343	378
Operating margin	20.3%	11.2%	37.6%	31.7%	14.4%	25.2%	23.9%	26.4%	22.1%	20.7%	25.6%	25.0%	25.1%
Other income	18	15	31	23	25	20	9	15	12	28	20	15	13
Interest	5	5	4	4	5	41	67	54	57	46	55	26	26
Depreciation	14	15	15	14	14	38	54	51	53	54	54	51	54
Profit before tax	36	13	219	196	43	180	204	209	175	147	297	281	320
Tax	9	3	57	49	11	42	47	42	36	30	60	52	59
Net profit	0	0	164	0	32	137	156	167	139	116	236	227	260
EPS ₹	10.02	0.56	10.10	8.92	1.98	8.48	9.64	10.28	2.85	2.38	4.85	4.67	5.35
Revenue YoY	—	—	—	—	40.8%	522.1%	139.5%	88.7%	373.5%	27.0%	14.4%	21.1%	22.2%
Profit YoY	—	—	—	—	—	—	-4.5%	—	331.0%	-15.7%	50.9%	36.3%	87.9%

Earlier results (standalone, Sep '07 – Jun '23)

₹ crore · from BSE, before the NSE XBRL filings begin

Sandur Manganese & Iron Ores Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 12 periods

	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†	FY20†	FY21†	FY22†	FY23†
Revenue	181	161	300	295	222	422	612	702	592	747	2,249	2,126
Operating profit	25	27	51	24	0	89	167	215	189	272	974	393
Operating margin	13.8%	16.9%	17.1%	8.3%	0.2%	21.1%	27.3%	30.7%	32.0%	36.4%	43.3%	18.5%
Other income	13	—	16	4	5	5	11	18	5	18	35	59
Interest	—	—	—	—	—	—	6	6	7	13	38	28
Depreciation	11	11	9	5	4	7	7	8	16	27	56	64
Profit before tax	27	36	58	21	-5	80	165	219	171	250	915	359
Tax	18	4	20	7	9	29	58	77	27	96	240	88
Net profit	8	33	38	14	-14	50	107	142	144	154	675	271

Quarters

showing latest 8 of 61 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	JUN '09†	SEP '09†	DEC '09†	JUN '10†	SEP '10†	DEC '10†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†	JUN '19†	SEP '19†	DEC '19†	MAR '20†	JUN '20†	SEP '20†	DEC '20†	MAR '21†	JUN '21†	SEP '21†	DEC '21†	MAR '22†	JUN '22†	SEP '22†	DEC '22†	MAR '23†	JUN '23†
Revenue	32	89	112	143	142	69	55	68	49	100	75	68	74	37	7	63	26	29	66	40	57	81	95	67	87	82	68	58	57	53	51	61	88	77	98	160	129	144	152	187	205	167	195	135	196	138	138	120	129	143	117	358	475	566	492	716	652	478	388	608	363
Operating profit	4	17	61	100	106	15	-5	9	9	43	26	26	12	-6	-17	36	-6	4	16	14	10	21	32	-13	31	20	2	-28	7	0	-4	-3	7	11	18	53	27	44	33	63	84	57	56	19	82	45	34	27	37	65	34	135	254	307	191	222	56	35	67	235	58
Operating margin	14.0%	18.9%	54.2%	70.2%	74.8%	21.5%	-9.5%	13.1%	17.6%	42.8%	34.6%	38.4%	16.1%	-17.4%	-253.3%	57.3%	-22.9%	14.2%	23.7%	34.2%	18.2%	26.4%	34.2%	-19.0%	36.0%	23.9%	2.7%	-48.1%	12.1%	0.2%	-7.2%	-4.9%	7.9%	14.7%	18.2%	33.1%	20.9%	30.7%	21.8%	33.6%	40.9%	34.0%	28.6%	14.1%	41.9%	32.8%	24.7%	22.9%	28.9%	45.6%	29.4%	37.7%	53.5%	54.3%	38.8%	31.0%	8.6%	7.3%	17.2%	38.7%	16.0%
Other income	0	1	0	0	0	0	1	6	6	2	3	2	4	3	1	5	—	0	0	22	0	2	1	13	2	1	0	1	1	2	1	1	2	2	0	1	3	3	3	2	2	3	3	10	1	3	3	-3	4	3	5	6	8	8	7	12	12	18	12	17	18
Interest	—	0	0	0	—	0	0	—	0	0	—	1	0	—	—	—	0	—	—	2	0	—	—	0	—	—	—	2	0	—	—	—	0	—	4	4	1	1	3	1	1	2	1	2	2	2	2	2	2	2	2	8	10	10	9	9	7	7	7	7	6
Depreciation	2	2	2	2	2	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	1	1	1	1	1	1	1	1	1	1	2	2	2	2	2	2	2	2	2	2	2	3	3	4	6	5	5	5	11	12	12	13	19	16	16	16	16	14
Profit before tax	2	15	58	98	104	12	-7	12	12	42	26	25	14	-6	-19	38	-9	2	13	30	8	20	31	-0	33	19	0	-31	7	1	-3	-9	8	11	13	48	27	44	32	62	83	56	56	25	79	43	32	17	34	61	33	121	240	293	176	207	45	30	56	229	56
Tax	1	-0	20	34	36	4	-3	4	4	13	8	9	5	-2	-7	22	0	0	2	1	3	7	10	-0	11	7	0	-11	2	0	-1	8	3	4	5	18	8	16	11	22	30	22	19	5	26	17	13	-29	11	20	14	50	91	111	67	-29	11	8	15	55	17
Net profit	2	15	38	64	68	8	-4	8	8	29	18	16	9	-4	-12	16	-9	2	11	29	5	13	20	-0	21	13	0	-20	4	1	-2	-17	5	7	8	31	19	28	21	39	52	34	36	20	53	26	19	46	23	41	19	71	149	182	109	236	34	22	41	174	40
EPS ₹	1.77	16.96	43.87	73.36	77.96	9.42	-4.83	8.95	9.63	32.88	20.75	17.83	9.82	-4.66	-13.61	18.16	-10.08	1.92	12.21	33.11	5.83	15.01	23.33	-0.31	24.53	14.54	0.31	-22.98	5.06	0.77	-2.65	-19.44	5.38	8.03	9.17	34.87	21.18	30.39	23.46	44.98	59.74	39.25	41.36	22.42	60.86	29.65	21.42	50.80	25.90	45.70	20.63	78.77	165.29	202.11	120.93	261.63	12.60	8.25	15.27	64.42	14.04
Revenue YoY	—	—	—	—	347.7%	-21.8%	-61.7%	-51.9%	-28.9%	82.1%	10.5%	38.5%	-25.5%	-51.0%	-90.4%	—	-64.4%	-20.9%	897.7%	-36.6%	114.4%	175.9%	44.6%	68.9%	52.8%	1.2%	-28.3%	-13.2%	-34.2%	-34.8%	-25.0%	4.8%	54.2%	44.6%	91.8%	160.7%	46.8%	86.9%	55.6%	17.4%	58.6%	16.4%	28.0%	-27.7%	-4.0%	-17.5%	-29.4%	-11.7%	-34.6%	3.8%	-14.9%	199.2%	269.5%	294.7%	320.1%	100.2%	37.2%	-15.4%	-21.1%	-15.2%	-44.4%
Profit YoY	—	—	—	—	4332.5%	-44.5%	-106.6%	-88.5%	2.3%	—	131.9%	85.1%	-70.1%	-122.5%	-176.3%	—	-202.7%	—	—	82.3%	—	681.5%	91.1%	-100.9%	320.8%	-3.1%	-98.7%	—	-79.4%	-94.7%	-959.3%	—	6.3%	947.8%	—	—	293.4%	300.4%	156.0%	29.0%	182.1%	22.2%	76.3%	-50.1%	1.9%	-24.5%	-48.2%	133.1%	-56.2%	58.6%	-0.9%	55.1%	538.3%	342.2%	486.2%	232.1%	-77.3%	-88.0%	-62.1%	-26.1%	17.8%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 10 periods

	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	7.6%	8.4%	14.4%	12.5%	18.8%	20.6%	19.9%	20.2%	22.0%	22.6%
ROCE	21.1%	18.9%	26.8%	16.5%	17.9%	20.8%	20.2%	24.5%	25.5%	25.9%
Net margin	11.0%	12.5%	14.1%	10.4%	13.4%	12.9%	11.8%	12.9%	13.5%	15.0%
EBITDA margin	30.4%	28.9%	28.6%	25.0%	24.3%	24.3%	23.2%	23.8%	23.5%	24.3%
Debt / equity	0.06	0.12	0.12	0.72	0.72	0.64	0.64	0.31	0.31	0.24
Interest coverage	26.00	26.81	12.65	6.34	4.83	4.52	4.29	4.90	5.87	7.82
Asset turnover	0.58	0.53	0.80	0.56	0.65	0.80	0.84	0.92	0.96	0.96

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 7 periods

	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	27	162	162	162	486	486	486
Other equity / reserves	1,958	1,996	2,156	2,451	2,416	2,768	3,230
Total equity	1,985	2,158	2,318	2,613	2,902	3,254	3,716
Borrowings	145	131	273	1,882	1,848	995	902
Current liabilities	241	293	421	1,556	1,557	1,563	1,438
Non-current liabilities	144	141	234	1,465	1,328	694	688
Total assets	2,370	2,593	2,974	5,648	5,802	5,527	5,859
Property, plant & equipment	827	841	846	2,673	2,823	2,878	2,862
Capital work-in-progress	85	116	129	373	253	142	120
Investments	455	484	898	227	267	281	370
Inventories	314	388	382	952	939	872	862
Receivables	22	34	10	374	403	438	571
Cash & equivalents	13	23	156	14	39	53	31

Cash flow

annual · ₹ crore · line = free cash flow

	FY24	FY25	FY26
Cash from operations	153	841	1,143
Cash from investing	-66	-1,554	20
Cash from financing	-107	704	-1,123
Capex	103	88	155
Free cash flow	50	753	988
Dividends paid	14	16	20

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹2,862 cr49%

CWIP

₹120 cr2%

Investments

₹370 cr6%

Inventories

₹862 cr15%

Receivables

₹571 cr10%

Cash & equivalents

₹31 cr1%

Other assets

₹1,044 cr18%

Peer comparison

largest in Metals & Mining · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Adani Enterprises Ltd.	3,71,671	2,745.80	64.8	3.79	5.9%
JSW Steel Ltd.	3,31,132	1,357.10	11.6	2.92	25.1%
Hindustan Zinc Ltd.	2,40,022	568.10	—	8.01	0.0%
Tata Steel Ltd.	2,32,398	186.30	21.1	2.27	10.8%
Hindalco Industries Ltd.	2,12,765	958.40	11.1	1.33	12.0%
Vedanta Aluminium Metal Ltd.	1,47,058	376.05	—	6.38	—
Jindal Steel Ltd.	1,18,597	1,165.00	41.5	2.26	5.5%
Vedanta Ltd.	1,02,344	261.75	4.8	8.02	168.7%
Lloyds Metals And Energy Ltd.	1,00,524	1,785.50	19.2	6.20	32.3%
Steel Authority of India Ltd.	70,880	171.60	12.6	1.13	9.0%
Sandur Manganese & Iron Ores Limited	8,639	177.73	10.3	2.33	22.6%

StoxGud checklist: Neutral setup · 6/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-1.9%

6 months-18.1%

1 year-19.2%

3Y CAGR-30.9%

5Y CAGR—

10Y CAGR—

50-day avg₹182.13

200-day avg₹201.83

RSI (14)52

FAQs

What is the share price of Sandur Manganese & Iron Ores Limited?

Sandur Manganese & Iron Ores Limited (SANDUMA) closed at ₹177.73 on NSE on 06 Nov 2026.

What is the market cap of Sandur Manganese & Iron Ores Limited?

₹8,639 crore at the latest close.

What is the P/E ratio of Sandur Manganese & Iron Ores Limited?

10.3, on trailing-twelve-month earnings from its filings.

How fast is Sandur Manganese & Iron Ores Limited growing?

Sandur Manganese & Iron Ores Limited: Latest-quarter revenue is up 22.2% year on year, profit up 87.9%.

How profitable is Sandur Manganese & Iron Ores Limited?

On a trailing-twelve-month basis return on equity is 22.6%, return on capital employed 25.9%, operating margin 24.3%, net margin 15.0%.

How much debt does Sandur Manganese & Iron Ores Limited have?

Sandur Manganese & Iron Ores Limited is lightly geared: debt to equity is 0.24 with borrowings of ₹902 cr against cash of ₹31 cr (balance sheet of 2026-09-30). Operating profit covers interest 7.8 times.

Financials parsed from Sandur Manganese & Iron Ores Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from SEP '23, annual from FY24, balance sheet from Sep '23. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.