Sandur Manganese & Iron Ores (SANDUMA)₹176.78−1.35%Iron & Steel
In the Jun 2026 quarter (consolidated), Sandur Manganese & Iron Ores reported sales of ₹1,371 Cr, up 21.2% from Jun 2025, and net profit of ₹228 Cr, up 36.5% year on year. For the year to Mar 2026, sales were ₹5,071 Cr and net profit ₹660 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 184 | 152 | 550 | 601 | 259 | 949 | 1,316 | 1,132 | 1,229 | 1,206 | 1,506 | 1,371 |
| Expenses | 147 | 136 | 344 | 411 | 223 | 712 | 1,006 | 837 | 960 | 959 | 1,126 | 1,031 |
| Operating Profit | 37.09 | 17.03 | 208 | 191 | 38.08 | 240 | 317 | 300 | 273 | 251 | 388 | 344 |
| OPM % | 20.0% | 11.0% | 38.0% | 32.0% | 14.0% | 25.0% | 24.0% | 25.9% | 22.0% | 20.9% | 25.9% | 25.0% |
| Other Income | 17.99 | 15.01 | 31.01 | 23.02 | 25.02 | 20.01 | 9.01 | 15.01 | 12.01 | −4.01 | 20.02 | 14.99 |
| Interest | 5.01 | 5.01 | 4.01 | 4.01 | 4.99 | 40.97 | 67.04 | 53.98 | 57.02 | 46.02 | 55.03 | 26.01 |
| Depreciation | 14.03 | 15.02 | 15.04 | 14.03 | 14.04 | 38.06 | 54.09 | 51.08 | 53.14 | 54.12 | 54.17 | 51.13 |
| Profit before tax | 36.02 | 13.01 | 219 | 196 | 42.99 | 180 | 204 | 209 | 175 | 147 | 297 | 281 |
| Tax % | 26.0% | 25.0% | 26.0% | 25.0% | 26.0% | 23.0% | 23.0% | 20.0% | 21.0% | 21.0% | 20.0% | 19.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −23.97 | 0.00 | 0.00 |
| Net Profit | 27.06 | 9.01 | 164 | 144 | 32.05 | 137 | 156 | 167 | 139 | 116 | 237 | 228 |
| EPS (Rs) | 0.55 | 0.20 | 3.36 | 2.96 | 0.67 | 2.82 | 3.22 | 3.44 | 2.84 | 2.39 | 4.86 | 4.68 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 350 | 268 | 433 | 606 | 700 | 2,244 | 2,122 | 1,248 | 3,124 | 5,071 | 5,313 |
| Expenses | 308 | 266 | 335 | 434 | 477 | 1,275 | 1,732 | 933 | 2,356 | 3,884 | 4,076 |
| Operating Profit | 42.05 | 3.01 | 99.19 | 174 | 225 | 975 | 393 | 321 | 783 | 1,210 | 1,256 |
| OPM % | 12.0% | 1.0% | 22.9% | 29.0% | 31.9% | 43.0% | 17.9% | 26.0% | 25.0% | 23.9% | 23.6% |
| Other Income | 3.99 | 23.01 | 10.01 | 13.01 | 17.99 | 35.03 | 59.04 | 83.02 | 80.07 | 44.04 | 43.01 |
| Interest | 2.01 | 0.00 | 6.99 | 5.01 | 6.01 | 37.97 | 27.98 | 20.01 | 117 | 212 | 184 |
| Depreciation | 10.02 | 9.03 | 12.03 | 12.02 | 13.03 | 56.16 | 64.19 | 58.17 | 121 | 213 | 213 |
| Profit before tax | 35.02 | 16.01 | 90.04 | 169 | 224 | 916 | 360 | 325 | 624 | 827 | 900 |
| Tax % | 20.0% | 57.0% | 33.0% | 34.0% | 34.0% | 26.0% | 25.0% | 27.0% | 24.0% | 20.0% | — |
| Exceptional items | −0.99 | 8.99 | 0.00 | 0.00 | 2.99 | 0.00 | 5.99 | 10.99 | 41.93 | −18.99 | −23.97 |
| Net Profit | 25.05 | 7.01 | 61.16 | 111 | 147 | 677 | 272 | 240 | 472 | 660 | 721 |
| EPS (Rs) | 0.53 | 0.17 | 1.28 | 2.32 | 3.10 | 13.88 | 5.58 | 4.92 | 9.68 | 13.52 | 14.77 |
| Dividend payout % | 10.0% | 36.0% | 4.0% | 6.0% | 4.0% | 1.0% | 5.0% | 7.0% | 4.0% | 4.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.03 | 9.03 | 9.04 | 9.02 | 9.02 | 27.07 | 162 | 163 | 488 |
| Reserves | 352 | 356 | 421 | 523 | 662 | 1,907 | 1,997 | 2,455 | 2,774 |
| Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 206 | 133 | 1,891 | 999 |
| Other Liabilities | 174 | 145 | 166 | 155 | 190 | 390 | 301 | 1,146 | 1,265 |
| Total Liabilities | 533 | 508 | 596 | 687 | 861 | 2,531 | 2,593 | 5,653 | 5,526 |
| Fixed Assets | 226 | 225 | 226 | 263 | 261 | 880 | 888 | 3,121 | 3,306 |
| CWIP | 3.99 | 2.99 | 3.99 | 11.96 | 201 | 66.80 | 116 | 372 | 142 |
| Investments | 57.96 | 47.98 | 119 | 175 | 64.94 | 469 | 483 | 227 | 281 |
| Other Assets | 245 | 234 | 247 | 237 | 334 | 1,115 | 1,104 | 1,934 | 1,797 |
| Inventories | 82.87 | 59.92 | 88.77 | 86.78 | 64.91 | 292 | 387 | 951 | 870 |
| Trade receivables | 6.01 | 8.01 | 6.01 | 4.01 | 21.03 | 144 | 34.03 | 374 | 439 |
| Cash & equivalents | 29.12 | 27.09 | 29.10 | 38.15 | 69.21 | 515 | 60.24 | 45.18 | 88.31 |
| Total Assets | 533 | 508 | 596 | 687 | 861 | 2,531 | 2,593 | 5,653 | 5,526 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 36.13 | −7.02 | 85.32 | 128 | 170 | — | 876 | 142 | 154 | 844 | 1,146 |
| Cash from investing activity | −24.11 | 4.01 | −71.31 | −106 | −148 | — | −796 | −11.05 | −66.24 | −1,561 | 20.07 |
| Cash from financing activity | −3.01 | −3.01 | −13.02 | −13.02 | −12.02 | — | −106 | −129 | −107 | 705 | −1,126 |
| Net cash flow | 8.98 | −6.98 | 0.99 | 8.98 | 9.98 | — | −25.96 | 1.99 | −19.95 | −8.99 | 38.94 |
| Capex | 17.05 | 7.03 | 15.06 | 27.09 | 254 | 60.15 | 78.30 | 188 | 103 | 88.26 | 156 |
| Free cash flow | 19.96 | −13.98 | 69.83 | 101 | −70.87 | — | 793 | −43.94 | 49.90 | 751 | 986 |
| CFO / OP % | 143.0% | 30.0% | 109.0% | 108.0% | 110.0% | — | 112.0% | 58.0% | 78.0% | 124.0% | 106.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 6 | 10 | 5 | 3 | 11 | 25 | 10 | 44 | 31 |
| Inventory days | — | 256 | 440 | 238 | 180 | 92 | 794 | 312 | 149 |
| Days payable | — | 108 | 147 | 129 | 208 | 80 | 276 | 246 | 147 |
| Cash conversion cycle | 7 | 160 | 300 | 114 | −15 | 38 | 530 | 112 | 36 |
| Working capital days | −23 | −2 | −11 | −4 | −17 | 13 | 188 | 6 | −3 |
| ROCE % | 10.0% | −1.0% | 23.0% | 34.0% | 36.0% | — | 15.0% | 21.0% | 24.0% |
For the Jun 2026 quarter, Sandur Manganese & Iron Ores reported sales of ₹1,371 Cr, up 21.2% year on year and net profit of ₹228 Cr, up 36.5% year on year. The operating margin was 25.0%.
Sandur Manganese & Iron Ores' sales for the year to Mar 2026 were ₹5,071 Cr; over the last twelve months they were ₹5,313 Cr.
Net profit for the year to Mar 2026 was ₹660 Cr, and ₹721 Cr over the last twelve months. Earnings per share over the same trailing period were ₹14.77.
Sandur Manganese & Iron Ores reported borrowings of ₹999 Cr at Mar 2026, against cash and equivalents of ₹88.31 Cr.
Cash from operations was ₹1,146 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹986 Cr.