SANDUMA · Sandur Manganese & Iron Ores Ltd · Metal Mining
SANDUMA · Sandur Manganese & Iron Ores Ltd · Metal Mining
As of 05 Nov close
52-week range
34.6% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹1,375 Cr
Revenue YoY
PAT YoY
+36.3%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
3.1
P/S (TTM)
1.7
Sector P/E
17.3
Dividend yield
+0.3%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| SANDUMA (this stock) | 13.8 | 3.1 | +13.5% | +22.0% | 0.31 | +0.3% |
| Hindustan Zinc | 13.2 | 10.5 | +36.5% | +75.4% | 0.39 | +1.9% |
| Hindalco Industries | 14.7 | 2.2 | +4.9% | +9.8% | 0.73 | +0.5% |
| Vedanta | 11.2 | 2 | +18.6% | +39.6% | 0.56 | +11.0% |
Promoter
stable
FII
rising 3q
MF
0.07% (-0.04pp)
stable
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 29 Jun 2026 | Skand Private Limited | BUY | 2,26,218 | ₹4.7 Cr |
| 29 Jun 2026 | Ekambar Ajai Ghorpade | SELL | 2,26,218 | ₹4.69 Cr |
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: The investor presentation for Sandur Manganese & Iron Ores Limited for the quarter ended June 30, 2026, reported significant operational achievements, including a 24% increase in manganese ore production and a 27% rise in iron ore production year-over-year. The presentation highlighted the completion of the Downhill Conveyor System project, which is set to enhance ore transportation efficiency. Additionally, a beneficiation project was initiated to improve ore quality, with a capital expenditure of ₹285 crore. The Ferroalloys segment showed a recovery with a 5% sequential improvement in realizations. The steel segment, integrated through the acquisition of Arjas Steel, reported a 10% increase in production and a 6% rise in sales realizations. The company adopted a new brand architecture under the 'Royal Sandur' name, aiming to unify its business segments and explore new opportunities. Management emphasized a strong start to the year with robust mining volumes and healthy realizations across segments.
Management emphasized strong operational performance and strategic initiatives.
Sourced from an exchange-filed presentation, dated 06 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation for Sandur Manganese & Iron Ores Limited for the quarter and year ended March 31, 2026, reported significant operational achievements, including all-time high production and sales volumes for both manganese and iron ore. Manganese ore production increased by 15% year-over-year, with sales volumes rising by 93%. Iron ore production grew by 14%, while sales saw a marginal increase of 2%. The presentation highlighted the company's strategic initiatives, including the establishment of a Downhill Pipe Conveyor System for ore transportation, aimed at enhancing operational efficiency. Management noted that the ferroalloys segment showed sequential improvement, and Arjas Steel experienced notable growth in production and sales. The company achieved a net debt-free status as of March 31, 2026, and proposed a final dividend of ₹0.5 per equity share, subject to shareholder approval. Overall, the presentation emphasized strong operational execution and a solid foundation for future performance.
Management emphasized strong operational performance and strategic growth initiatives.
Sourced from an exchange-filed presentation, dated 07 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation for Sandur Manganese & Iron Ores Limited for the quarter and nine months ended December 31, 2025, reported a strong performance across key segments, with manganese ore production ramping up and achieving record sales. Management highlighted that iron ore operations remained robust, aligning with annual MPAP limits, while coke and energy segments sustained production levels. The ferroalloys segment maintained operational stability, and Arjas Steel's production and sales were steady. The presentation noted a significant milestone with the Board's approval to prepay outstanding Non-Convertible Debentures, reflecting strong cash flow generation and disciplined balance sheet management. The document emphasized the company's commitment to environmental stewardship and community development, alongside its strategic growth initiatives in the mining and steel sectors.
Management emphasized strong performance and strategic growth initiatives.
Sourced from an exchange-filed presentation, dated 04 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedSandur Manganese & Iron Ores Limited (SANDUMA) reported strong financial performance in FY2025-26, with Total Income of ₹5,163 crore and EBITDA of ₹923 crore, reflecting operational and financial strength. The company has a debt-to-equity ratio of 0.11 times, indicating robust liquidity. Key developments include the full-year contribution from Arjas Steel and a turnaround in ferroalloys and coke & energy segments. The Board has approved the appointment of T. R. Raghunandan as an Independent Director for five years, and the voluntary liquidation of Sandur Pellets Private Limited (SPPL) was approved. The company also disclosed some outstanding statutory dues, including Employees’ Provident Fund (EPF) payments, though these are below ₹1 crore. The auditor’s report noted that the company’s internal financial controls were adequate and effective, and the consolidated financial statements were prepared in accordance with Indian Accounting Standards.
- FY2025-26 saw Total Income of ₹5,163 crore and EBITDA of ₹923 crore, indicating strong performance.
- Debt-to-equity ratio of 0.11 times highlights strong liquidity and financial health.
- Arjas Steel's full-year contribution and a turnaround in ferroalloys and coke & energy segments were key business developments.
- Board approved T. R. Raghunandan as an Independent Director for five years, and SPPL's voluntary liquidation was approved.
- Outstanding statutory dues, including EPF payments, were disclosed, though below ₹1 crore.
Key takeaway: SANDUMA demonstrated strong financial performance in FY2025-26 with robust income and liquidity, supported by business expansion and operational efficiency, though some statutory dues and ongoing litigations remain as risks.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (2 items); Default / Covenant Breach (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
2 occurrencesRecent (last 12 months)
The company was fined ₹10,000 by BSE for delayed submission of notice of Record Date for NCD interest payment in November 2024, and ₹10,000 each by BSE and NSE for delayed prior intimation of a Board meeting on 7 November 2025.
Earlier (1-3 years ago)
The company was fined by BSE Limited for a delay in intimation of the record date for payment of interest for NCDs in November 2024, which was unintentional and due to genuine time constraints.
Default / Covenant Breach
2 occurrencesRecent (last 12 months)
The company has not paid undisputed statutory dues under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 for the periods March 2025 to August 2025, with due dates from 15 April 2025 to 15 September 2025. The dues are not paid, and the reason cited is that KYC information is not updated by employees in the PF portal.
Earlier (1-3 years ago)
The company has statutory dues in arrears for more than six months, including Employees’ Provident Fund, with amounts unpaid as of 31 March 2025, due to KYC issues and disputes.
Routine disclosures
Contingent Liability
2 occurrencesRecent (last 12 months)
The company has contingent liabilities related to income tax disallowance of expenses as of 31 March 2026 and 2025.
Earlier (1-3 years ago)
The company has contingent liabilities related to income tax and indirect tax, including service tax on transportation freight charges and goods and services tax.
Related-Party Transaction
1 occurrenceEarlier (1-3 years ago)
The company has disclosed transactions with related parties Karnataka Seva Sangha and Shivapur Shikshana Samiti under Ind AS 24 for CSR activities.