Sandur Manganese & Iron Ores logo

Sandur Manganese & Iron Ores share price

NSE: SANDUMABSE: 504918Ferrous MetalsSmall Cap

Last close ₹156.58down ₹5.50 (3.39%)BSE ₹156.65

Share price at the NSE close on 23 Oct 2026. Previous close ₹162.08.

52-week range of traded prices to 23 Oct 2026
₹153.30Low, 23 Oct 2026₹273.00High, 5 Jan 2026
Market cap
₹7,611 Cr546th largest listed
P/E
10.6
P/B
2.3
Dividend yield
0.32%
ROE
24.5%
ROCE
24.4%
Debt to equity
0.30
Volume, NSE
7,21,33742.1% delivered

Share price

Daily closes since Jul 2022, BSE closes Jan 2007 to Sep 2023, adjusted for splits and bonuses. Earlier closes are left out: on 26 Jul 2022 the price changed in a way no corporate action on record explains.

−26.4%over a year · Nifty Microcap 250 +0.4% · Nifty 500 −9.8%

ResultsDividend20-session average 4,30,909 shares a day, 44.6% delivered

Results

Standalone, as consolidated accounts are on record for only 7 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 6 Aug

Revenue
₹540 Crdown 19.14%
Net profit
₹161 Crdown 17.87%
Net margin
29.8%

Revenue by year

Peak revenue ₹2,249 Cr, year to Mar 2022

Net profit by year, a loss in red

₹ croreSep 2024Filed 14 NovDec 2024Filed 15 FebMar 2025Filed 16 JunJun 2025Filed 8 AugSep 2025Filed 7 NovDec 2025Filed 4 FebMar 2026Filed 7 MayJun 2026Filed 6 Aug
Revenue260482595423436483668540
Net profit32127139129110108196161
Net margin12.3%26.3%23.4%30.5%25.3%22.3%29.4%29.8%
Standalone. The last eight quarters. The latest is shaded.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Steel₹3,141 Crup 159.06%59.1%
  • Mining₹1,657 Crup 2.59%31.2%
  • Ferroalloys₹377 Crup 205.25%7.1%
  • Coke and energy₹142 Crdown 39.76%2.7%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 49% of 2,154 trading days since Jun 2017.

LowestHighest
Its median11.1Industry median16.4
Price to book

At or below today's level on 60% of 1,880 trading days since Nov 2018.

LowestHighest
Its median1.8Industry median2.0
EV to EBITDA6.8

At or below today's level on 45% of 1,880 trading days since Nov 2018.

LowestHighest
Its median7.6Industry median8.9
Dividend yield

At or below today's level on 99% of 2,421 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.60%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+17.5%+22.2%−4.1%0.3%
3 years+44.7%+25.7%+14.9%0.3%
Longer windows are left empty: a corporate action or price step on 2022-07-26 that cannot be sized sits inside this window.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters74.22%
  • Foreign institutions1.97%
  • Indian institutions0.58%
  • Individuals and others23.23%
Holder
SKAND PRIVATE LIMITEDPromoter52.41%
LOHAGIRI INDUSTRIALS PRIVATE LIMITEDPromoter18.19%
BAHIRJI AJAI GHORPADEPromoter3.15%
ANAND SHANKAR MALLResident individuals, over ₹2 lakh at face value1.57%
AJAI MURAR RAO GHORPADEPromoter0.26%
S Y GHORPADEPromoter0.16%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

7 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 6 of the 6 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.

Added
1
Cut
5
Held unchanged
1
Fund
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty Microcap 250 Index FundMotilal Oswal Mutual Fund3,39,0590.26%₹6.18 Cr
Groww Mutual Fund logoGroww Nifty Total Market Index FundGroww Mutual Fund2,2160.01%₹0.04 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund3720.01%₹68,000
Angel One Mutual Fund logoAngel One Nifty Total Market Index FundAngel One Mutual Fund3690.01%₹67,220
Mirae Asset Mutual Fund logoMirae Asset Nifty Total Market Index FundMirae Asset Mutual Fund3040.01%₹55,000
Bandhan Mutual Fund logoBandhan Nifty Total Market Index FundBandhan Mutual Fund2640.01%₹48,000
Angel One Mutual Fund logoAngel One Nifty Total Market ETFAngel One Mutual Fund2580.01%₹47,000
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Iron & Steel, 15 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Sandur Manganese & Iron Ores in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Jindal Stainless logoJindal StainlessJSL56,67117.02.710.6+11.7%+20.6%17.0%16.0%0.58%
Sarda Energy & Minerals logoSarda Energy & MineralsSARDAEN15,64413.82.19.5+5.9%+20.8%16.5%14.6%0.45%
NMDC Steel logoNMDC SteelNSLNISP11,007131.60.89.8+41.6%–0.6%2.7%0.00%
Vedanta Iron and Steel logoVedanta Iron and SteelVISL10,253–––––––0.00%
Jai Balaji Industries logoJai Balaji IndustriesJAIBALAJI5,78840.02.616.6+2.0%−65.5%6.6%9.1%0.00%
Prakash Industries logoPrakash IndustriesPRAKASH1,9996.40.64.4−10.6%−12.2%9.1%8.6%1.61%
Manaksia Steels logoManaksia SteelsMANAKSTEEL67412.02.18.2+80.8%+283.9%18.2%18.4%0.00%
Scan Steels logoScan SteelsSCANSTL27911.30.66.5+9.7%+41.0%5.7%7.2%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.50 a share, year to Mar 2026.
Ex-dateTypePer share
12 Aug 2026Final₹0.50
10 Sep 2025Final₹1.25
11 Sep 2024Final₹1.00
13 Sep 2023Final₹5.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Sandur Manganese & Iron Ores share price by year

Each calendar year to 2025.Sandur Manganese & Iron Ores share price history

YearClose at year endChangeHighest closeLowest close
2025242.79+76.3%242.79115.17
2024137.75−14.7%201.97115.32
2023BSE close161.40+257.0%161.4046.42
2022BSE close45.21–65.7636.89
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2022 is from its first session, 26 Jul 2022.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026160.20160.83153.30156.58156.037,21,33742.1%
22 Oct 2026166.95166.95161.52162.08163.165,69,84143.6%
21 Oct 2026172.81173.24165.50166.62168.176,12,79646.7%
19 Oct 2026175.75175.77172.90173.37174.032,02,08746.8%
16 Oct 2026175.80176.15173.34174.85174.993,43,71246.9%
15 Oct 2026178.48178.48174.71175.21176.193,12,14846.2%
14 Oct 2026179.00179.43177.05177.91178.252,14,15948.8%
13 Oct 2026178.00179.38175.70178.55177.272,54,26937.2%
12 Oct 2026177.80180.11176.30178.17177.722,83,91739.2%
9 Oct 2026177.20180.00175.01177.68176.655,19,66845.4%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
22 Sep 2025Bonus0.3333Holders received 2 bonus shares for every 1 held.
2 Feb 2024Bonus0.1667Holders received 5 bonus shares for every 1 held.
26 Jul 2022Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

Legal name
Sandur Manganese & Iron Ores Limited
NSE symbol
SANDUMA
BSE code
504918
ISIN
INE149K01016
Industry
Ferrous Metals
Listed
Jun 1966 on BSE, Sep 2023 on NSE
Face value
₹10
CIN
L85110KA1954PLC000759
Corporate identity number, the registrar of companies' code for it