Sarda Energy and Minerals Ltd.

NSE: SARDAEN · Metals & Mining

₹436.10-2.87%06 Nov 2026

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Instant answers about Sarda Energy and Minerals Ltd. — computed from its filings, no language model

Market cap₹15,368 cr

Current price₹436.10

High / Low₹613 / ₹429

P/E13.8

P/B1.90

Book value₹229.0

ROE13.8%

ROCE16.5%

Debt / equity0.30

Dividend yield0.34%

EPS (TTM)₹31.57

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 8 periods

	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	2,324	2,000	2,199	3,914	4,212	3,868	4,643	5,690
EBITDA	482	356	520	1,355	1,060	798	1,237	1,787
Operating margin	20.8%	17.8%	23.6%	34.6%	25.2%	20.6%	26.7%	31.4%
Interest	99	82	79	147	124	128	220	244
Depreciation	76	78	75	143	178	183	271	341
Profit before tax	324	179	495	1,108	807	667	918	1,449
Tax	116	43	115	300	202	159	237	386
Net profit	203	126	375	804	602	523	700	1,106
EPS ₹	56.36	35.05	104.00	223.07	169.94	14.84	19.86	31.38
Operating cash flow	—	—	—	923	701	752	886	1,735
Capex	—	—	—	288	217	266	490	338
Dividend paid	—	—	—	27	27	53	35	53
Total assets	3,682	4,102	4,518	5,298	5,481	6,002	10,125	11,371
Equity	1,743	1,870	2,218	3,004	3,410	3,889	6,286	7,370

Quarterly performance

last 31 quarters · ₹ crore

showing latest 8 of 31 periods

	SEP '18	DEC '18	MAR '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	SEP '22	DEC '22	MAR '23	JUN '23	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	591	614	496	550	456	438	347	548	604	699	832	1,025	999	1,058	967	908	1,076	1,052	1,001	925	889	926	1,159	1,319	1,239	1,633	1,528	1,276	1,254	1,608	1,453
Operating profit	118	146	81	88	82	77	54	132	149	184	272	411	321	352	281	196	214	215	242	188	152	261	337	369	271	617	512	311	348	653	513
Operating margin	20.0%	23.8%	16.3%	16.0%	17.9%	17.6%	15.6%	24.1%	24.6%	26.4%	32.7%	40.1%	32.1%	33.2%	29.1%	21.5%	19.9%	20.4%	24.2%	20.3%	17.1%	28.1%	29.1%	28.0%	21.8%	37.8%	33.5%	24.4%	27.7%	40.6%	35.3%
Other income	-3	8	25	11	15	-54	38	26	38	42	-2	31	-13	34	21	44	24	83	24	37	43	75	56	-0	47	80	68	84	5	108	52
Interest	26	24	25	18	21	21	20	20	17	22	15	43	45	45	32	33	28	35	35	34	28	36	55	64	70	62	64	64	54	58	57
Depreciation	19	19	19	20	20	19	19	19	19	19	19	39	39	46	44	45	45	45	46	46	46	45	62	78	87	81	85	86	88	89	92
Profit before tax	70	112	61	62	56	-17	48	116	151	180	235	360	222	291	226	161	165	218	186	143	121	255	276	226	160	553	431	255	210	615	415
Tax	31	34	16	-10	13	12	9	30	34	42	66	96	53	86	41	30	49	44	35	36	44	60	72	38	66	130	116	71	69	152	111
Net profit	34	77	47	69	42	-32	35	84	0	139	168	256	167	213	181	130	121	171	141	117	94	199	195	197	108	434	323	190	158	458	306
EPS ₹	9.47	21.44	12.96	19.12	11.72	-8.95	9.84	23.41	32.06	38.68	46.62	70.90	46.34	59.20	51.28	36.99	34.41	48.48	3.99	3.32	2.68	5.64	5.55	5.60	3.07	12.33	9.17	5.40	4.48	13.00	8.68
Revenue YoY	—	—	—	-6.8%	-25.7%	-11.6%	—	-0.4%	32.3%	59.6%	139.5%	86.9%	65.4%	51.3%	-5.7%	-9.1%	1.7%	—	3.6%	1.9%	-17.4%	-12.0%	15.7%	42.5%	39.3%	76.3%	31.9%	-3.3%	1.2%	-1.5%	-4.9%
Profit YoY	—	—	—	101.8%	-45.3%	-169.1%	—	22.4%	-99.2%	—	373.8%	202.8%	49038.2%	53.0%	-29.3%	-22.0%	-43.2%	—	-22.2%	-10.1%	-22.2%	16.3%	38.9%	68.5%	14.7%	118.5%	65.4%	-3.5%	45.9%	5.5%	-5.3%

Earlier results (standalone, Sep '07 – Jun '18)

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

Sarda Energy and Minerals Ltd. 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 10 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†
Revenue	954	523	875	1,092	1,384	1,271	1,379	1,035	1,026	1,515
Operating profit	220	77	118	208	272	226	296	123	170	301
Operating margin	23.0%	14.7%	13.5%	19.0%	19.7%	17.8%	21.5%	11.9%	16.6%	19.8%
Other income	9	7	20	48	15	35	39	39	37	60
Interest	51	23	29	52	63	63	59	55	42	36
Depreciation	28	39	58	63	64	63	68	50	47	49
Profit before tax	149	77	71	104	160	134	82	57	162	269
Tax	26	14	22	-10	35	59	27	20	30	81
Net profit	123	63	50	114	125	75	56	38	131	188

Quarters

showing latest 8 of 44 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	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†
Revenue	133	163	216	257	344	217	137	93	102	154	174	217	200	214	245	254	251	285	302	341	353	372	317	309	279	312	370	365	355	331	329	310	258	221	246	285	254	257	230	421	347	355	392	442
Operating profit	32	53	58	98	82	25	15	5	6	31	35	50	16	20	31	37	36	62	73	58	72	71	71	55	39	44	88	83	89	71	53	47	26	24	26	50	30	54	36	73	64	69	95	125
Operating margin	24.1%	32.7%	26.7%	38.1%	23.9%	11.3%	11.0%	5.0%	6.0%	20.3%	19.9%	23.0%	8.1%	9.6%	12.8%	14.4%	14.3%	21.7%	24.3%	17.0%	20.4%	19.2%	22.3%	17.9%	13.8%	14.1%	23.8%	22.7%	25.1%	21.5%	16.2%	15.3%	10.2%	10.6%	10.4%	17.7%	11.6%	21.1%	15.6%	17.3%	18.3%	19.6%	24.2%	28.2%
Other income	3	1	0	0	5	1	2	0	2	1	4	1	12	3	4	2	4	3	39	7	3	4	2	21	5	8	2	6	19	7	7	16	5	3	15	10	11	6	9	39	12	0	9	-16
Interest	3	3	5	9	22	12	7	12	3	4	5	16	6	2	5	7	5	6	34	19	18	18	8	16	16	15	15	13	15	16	14	15	14	13	13	11	9	9	12	11	8	8	8	9
Depreciation	5	6	6	6	7	6	9	8	11	8	12	14	14	14	17	14	15	17	17	16	16	16	16	16	16	16	15	16	17	17	17	14	13	12	11	12	12	12	12	12	13	12	12	13
Profit before tax	27	46	47	84	58	6	2	8	1	41	27	21	25	9	17	16	-14	41	61	30	41	40	49	44	11	20	59	59	-32	45	10	35	4	1	17	102	20	19	21	88	55	50	76	87
Tax	3	9	4	15	11	-1	1	2	-0	7	6	7	7	3	5	5	-4	13	-24	9	14	13	-1	14	4	7	34	19	-13	17	4	11	2	0	6	13	8	8	2	27	17	15	21	35
Net profit	24	37	44	69	47	7	1	6	2	34	21	14	18	6	12	11	-10	28	86	20	28	27	50	30	7	14	25	40	-18	28	6	24	2	1	11	89	13	11	18	61	38	34	55	52
EPS ₹	7.70	11.06	13.12	20.16	13.70	2.14	0.19	1.76	0.46	10.05	6.30	4.04	5.18	1.86	3.33	3.06	-2.75	7.76	23.86	5.65	7.69	7.50	13.90	8.34	1.86	3.78	7.04	11.17	-5.11	7.82	1.72	6.73	0.52	0.19	2.99	24.75	3.49	3.12	4.87	16.89	10.40	9.53	15.30	14.40
Revenue YoY	—	—	—	—	157.9%	33.2%	-36.6%	-63.7%	-70.3%	-29.3%	27.3%	132.8%	96.3%	38.9%	40.5%	17.2%	25.5%	33.4%	23.5%	34.4%	40.5%	30.8%	5.0%	-9.4%	-21.0%	-16.2%	16.8%	18.0%	27.1%	6.0%	-11.1%	-15.1%	-27.2%	-33.0%	-25.3%	-8.0%	-1.6%	16.2%	-6.7%	47.8%	36.8%	38.0%	70.6%	5.1%
Profit YoY	—	—	—	—	93.8%	-80.1%	-98.5%	-91.3%	-96.7%	368.6%	3148.5%	129.5%	1036.8%	-81.5%	-44.3%	-20.2%	-156.0%	338.6%	616.3%	84.3%	—	-3.3%	-41.8%	47.7%	-75.8%	-49.6%	-49.3%	33.9%	-374.7%	106.3%	-75.6%	-39.6%	—	-97.5%	74.6%	268.0%	567.0%	1502.9%	70.7%	-31.6%	199.4%	206.6%	199.1%	-14.8%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 22 periods

	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '23	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
ROE	6.1%	6.9%	4.7%	11.7%	17.7%	25.4%	32.9%	26.8%	17.7%	15.3%	15.0%	13.4%	14.2%	10.2%	11.6%	11.1%	14.9%	15.2%	15.1%	15.0%	15.3%	13.8%
ROCE	6.5%	8.2%	10.8%	14.6%	19.2%	26.0%	28.5%	27.4%	18.6%	17.6%	17.2%	15.2%	15.9%	10.8%	12.0%	12.5%	16.1%	16.9%	17.2%	17.0%	17.6%	16.5%
Net margin	6.4%	7.3%	4.5%	11.8%	14.6%	17.8%	20.5%	20.5%	15.1%	13.9%	13.6%	13.5%	14.7%	15.5%	16.0%	15.1%	17.5%	18.6%	18.6%	19.4%	19.9%	19.9%
EBITDA margin	16.8%	19.3%	21.3%	23.6%	27.5%	32.1%	33.4%	34.6%	22.6%	21.5%	21.2%	20.6%	22.5%	24.1%	26.1%	26.7%	29.8%	30.9%	30.1%	31.4%	32.2%	32.6%
Debt / equity	0.87	0.87	0.87	0.77	0.77	0.77	0.77	0.53	0.41	0.33	0.33	0.35	0.35	0.48	0.48	0.45	0.45	0.38	0.38	0.35	0.35	0.30
Interest coverage	2.88	3.49	4.80	7.26	10.23	10.58	9.04	8.53	7.03	6.60	6.41	6.08	6.33	6.22	5.82	5.08	5.84	6.25	6.36	6.93	7.29	7.41
Asset turnover	0.44	0.44	0.47	0.49	0.59	0.70	0.79	0.74	0.73	0.70	0.70	0.64	0.62	0.38	0.42	0.46	0.53	0.52	0.52	0.50	0.50	0.46

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 17 periods

	MAR '15‡	MAR '16‡	MAR '17‡	MAR '18‡	MAR '19‡	MAR '20‡	MAR '21‡	MAR '22‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	36	36	36	36	36	36	36	36	35	35	35	35	35	35	35	35	35
Other equity / reserves	1,103	1,187	1,322	1,540	1,707	1,834	2,182	2,968	3,126	3,375	3,634	3,853	5,893	6,251	6,964	7,335	8,036
Total equity	1,139	1,223	1,358	1,576	1,743	1,870	2,218	3,004	3,161	3,410	3,669	3,889	5,928	6,286	6,999	7,370	8,071
Borrowings	1,294	1,132	1,272	1,310	1,332	1,624	1,714	1,581	1,379	1,407	1,220	1,366	2,875	2,823	2,642	2,595	2,418
Current liabilities	818	—	—	—	—	—	—	—	799	751	871	780	1,572	1,028	1,028	982	936
Non-current liabilities	946	—	—	—	—	—	—	—	1,282	1,220	1,138	1,227	2,616	2,704	2,876	2,913	3,026
Total assets	3,044	2,827	3,115	3,413	3,682	4,102	4,518	5,298	5,350	5,481	5,788	6,002	10,227	10,125	11,012	11,371	12,174
Property, plant & equipment	1,284	—	—	—	—	—	—	—	2,683	2,758	2,743	2,715	5,748	5,711	5,960	5,889	5,872
Capital work-in-progress	434	579	788	775	1,054	1,365	1,616	132	202	130	160	250	514	613	400	463	506
Investments	279	161	226	241	213	139	215	452	399	422	703	659	601	792	1,820	1,645	2,006
Inventories	428	222	343	411	440	501	579	613	696	727	646	528	797	809	685	794	803
Receivables	97	125	106	131	93	124	138	169	221	182	269	101	330	221	306	276	432
Cash & equivalents	11	—	—	—	—	—	—	—	288	8	69	104	605	58	39	108	68

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 12 periods

	FY15‡	FY16‡	FY17‡	FY18‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	-36	469	177	300	480	336	188	923	701	752	886	1,735
Cash from investing	330	-148	-241	-156	-399	-415	-186	-408	-431	-434	-2,132	-1,166
Cash from financing	-385	-383	63	-86	-106	199	-70	-331	-479	-222	1,200	-519
Capex	—	—	—	—	—	—	—	288	217	266	490	338
Free cash flow	—	—	—	—	—	—	—	635	485	487	395	1,397
Dividends paid	—	—	—	—	—	—	—	27	27	53	35	53

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹5,872 cr48%

CWIP

₹506 cr4%

Investments

₹2,006 cr16%

Inventories

₹803 cr7%

Receivables

₹432 cr4%

Cash & equivalents

₹68 cr1%

Other assets

₹2,486 cr20%

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%
Sarda Energy and Minerals Ltd.	15,368	436.10	13.8	1.90	13.8%

StoxGud checklist: Bearish setup · 3/10

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-12.7%

6 months-26.6%

1 year-22.0%

3Y CAGR+27.5%

5Y CAGR+37.5%

10Y CAGR+32.5%

50-day avg₹487.10

200-day avg₹515.61

RSI (14)29

Compare Sarda Energy and Minerals Ltd. with

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FAQs

What is the share price of Sarda Energy and Minerals Ltd.?

Sarda Energy and Minerals Ltd. (SARDAEN) closed at ₹436.10 on NSE on 06 Nov 2026.

What is the market cap of Sarda Energy and Minerals Ltd.?

₹15,368 crore at the latest close.

What is the P/E ratio of Sarda Energy and Minerals Ltd.?

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

How fast is Sarda Energy and Minerals Ltd. growing?

Sarda Energy and Minerals Ltd.: revenue has compounded at 10.5% a year over three years; net profit at 22.5% a year. Latest-quarter revenue is down 4.9% year on year, profit down 5.3%.

How profitable is Sarda Energy and Minerals Ltd.?

On a trailing-twelve-month basis return on equity is 13.8%, return on capital employed 16.5%, operating margin 32.6%, net margin 19.9%.

How much debt does Sarda Energy and Minerals Ltd. have?

Sarda Energy and Minerals Ltd. is lightly geared: debt to equity is 0.30 with borrowings of ₹2,418 cr against cash of ₹68 cr (balance sheet of 2026-09-30). Operating profit covers interest 7.4 times.

Financials parsed from Sarda Energy and Minerals Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from SEP '18, annual from FY19, balance sheet from Mar '15. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.