Sarda Energy & Minerals logo

Sarda Energy & Minerals share price

NSE: SARDAENBSE: 504614Ferrous MetalsSmall Cap

Last close ₹443.95down ₹12.30 (2.70%)BSE ₹443.50

Share price at the NSE close on 23 Oct 2026. Previous close ₹456.25.

52-week range of traded prices to 23 Oct 2026
₹436.20Low, 23 Oct 2026₹624.00High, 28 Apr 2026
Market cap
₹15,644 Cr360th largest listed
P/E
13.8
P/B
2.1
Dividend yield
0.45%
ROE
16.5%
ROCE
14.6%
Debt to equity
0.35
Volume, NSE
5,28,74943.6% delivered

Share price

Daily closes since Jan 2007, BSE closes Jan 2007 to Dec 2009, adjusted for splits and bonuses

−17.0%over a year

Results20-session average 2,70,592 shares a day, 50.3% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 1 Aug

Revenue
₹1,608 Crup 28.28%
Net profit
₹478 Crup 208.17%
Net margin
29.7%

Revenue by year

Peak revenue ₹5,690 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 14 NovDec 2024Filed 8 FebMar 2025Filed 16 JunJun 2025Filed 2 AugSep 2025Filed 10 NovDec 2025Filed 7 FebMar 2026Filed 23 MayJun 2026Filed 1 Aug
Revenue1,1591,3191,2391,6331,5281,2761,2541,608
Net profit203200100437328190155478
Net margin17.6%15.2%8.1%26.7%21.5%14.9%12.4%29.7%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

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

  • Power₹2,846 Crup 51.04%44.3%
  • Steel₹1,921 Crdown 2.21%29.9%
  • Ferro Alloys₹1,656 Crup 13.51%25.8%
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 67% of 2,417 trading days over the last 10 years.

LowestHighest
Its median10.2Industry median16.4
Price to book

At or below today's level on 63% of 1,972 trading days since Nov 2018.

LowestHighest
Its median1.2Industry median2.0
EV to EBITDA9.5

At or below today's level on 62% of 1,972 trading days since Nov 2018.

LowestHighest
Its median7.3Industry median8.1
Dividend yield

At or below today's level on 30% of 2,456 trading days over the last 10 years.

LowestHighest
Its median0.81%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−0.2%+58.0%−37.1%0.4%
3 years+68.9%+22.7%+37.3%0.4%
5 years+65.6%+24.7%+32.2%0.6%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

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

Shareholding by group

  • Promoters73.16%
  • Foreign institutions3.62%
  • Indian institutions3.47%
  • Individuals and others19.76%
Holder
Chhattisgarh Investments Ltd.Promoter39.04%
Sarda Agriculture & Properties Pvt. Ltd.Promoter7.33%
Prachi Agriculture & Properties Pvt. Ltd.Promoter4.46%
Ghanshyam SardaPromoter3.76%
K.K. Sarda - Trustee to Uma Sarda Family TrustPromoter2.76%
Uma Sarda - Trustee to K K Sarda Family TrustPromoter2.76%
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

48 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 43 of the 43 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.Mutual fund holdings

Added
13
Cut
30
Held unchanged
5
Sold out
1
Fund
ICICI Prudential Mutual Fund logoICICI Prudential Small Cap FundICICI Prudential Mutual Fund4,68,8260.24%₹23.3 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Energy Opportunities FundICICI Prudential Mutual Fund2,91,7740.18%₹14.5 Cr
Mahindra Manulife Mutual Fund logoMahindra Manulife Business Cycle FundMahindra Manulife Mutual Fund2,20,0000.85%₹10.9 Cr
Nippon India Mutual Fund logoNippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund1,42,2150.20%₹7.07 Cr
HDFC Mutual Fund logoHDFC Nifty Smallcap 250 ETFHDFC Mutual Fund1,11,5970.20%₹5.55 Cr
SBI Mutual Fund logoSBI Nifty Smallcap 250 Index FundSBI Mutual Fund72,2410.20%₹3.59 Cr
Mirae Asset Mutual Fund logoMirae Asset Nifty Smallcap 250 Momentum Quality 100 ETFMirae Asset Mutual Fund61,3700.33%₹3.05 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty Smallcap 250 Index FundMotilal Oswal Mutual Fund51,2450.21%₹2.55 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Nifty Smallcap 250 Index FundICICI Prudential Mutual Fund32,3930.21%₹1.61 Cr
HDFC Mutual Fund logoHDFC Nifty Smallcap 250 Index FundHDFC Mutual Fund31,0660.20%₹1.54 Cr
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 Sarda Energy & Minerals 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
Tata Steel logoTata SteelTATASTEEL2,09,31119.02.08.1+10.5%+143.1%11.4%11.9%2.39%
Jindal Steel logoJindal SteelJINDALSTEL1,03,63138.12.013.0+16.5%−8.4%5.5%8.0%0.20%
Steel Authority of India logoSteel Authority of IndiaSAIL67,88115.91.17.4+6.4%+40.8%7.2%7.9%1.43%
Jindal Stainless logoJindal StainlessJSL56,67117.02.710.6+11.7%+20.6%17.0%16.0%0.58%
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%
Sandur Manganese & Iron Ores logoSandur Manganese & Iron OresSANDUMA7,61110.62.36.8+45.2%+45.7%24.5%24.4%0.32%
Jai Balaji Industries logoJai Balaji IndustriesJAIBALAJI5,78840.02.616.6+2.0%−65.5%6.6%9.1%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 ₹2.00 a share, year to Mar 2026.
Ex-dateTypePer share
14 Aug 2026Final₹2.00
22 Aug 2025Final₹1.50
30 Aug 2024Final₹1.00
8 Sep 2023Final₹0.75
8 Sep 2023Special₹0.75
5 May 2022Interim₹7.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Sarda Energy & Minerals share price by year

Each calendar year to 2025.Sarda Energy & Minerals share price history

YearClose at year endChangeHighest closeLowest close
2025520.55+7.9%626.15418.05
2024482.65+90.6%512.20183.25
2023253.25+143.1%259.85101.08
2022104.20+29.6%131.0271.35
202180.40+139.6%92.0831.24
202033.55+51.3%34.6010.42
201922.17−16.5%32.2514.16
201826.56−47.1%62.8023.23
201750.19+127.9%51.2222.95
201622.02+104.0%28.777.60
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

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

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026456.80463.20436.20443.95444.315,28,74943.6%
22 Oct 2026463.75465.00453.55456.25457.292,24,26342.9%
21 Oct 2026480.00482.40462.00464.15467.892,12,81351.6%
19 Oct 2026492.80492.80480.50481.00485.352,11,10752.8%
16 Oct 2026485.85491.95481.00488.85487.921,66,36453.9%
15 Oct 2026482.30489.40478.40484.35484.042,79,94048.9%
14 Oct 2026472.15484.40469.80482.50478.463,35,28949.9%
13 Oct 2026479.80485.00462.00471.90471.124,44,09252.1%
12 Oct 2026484.60494.00474.50479.65482.181,88,40546.2%
9 Oct 2026490.00495.00480.00481.15486.972,67,38242.7%
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.Stock split history

Ex-dateEventPrice factorWhat happened
4 Aug 2023Split0.1000Each share became 10.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

About Sarda Energy & Minerals

Sarda Energy & Minerals Limited is an integrated energy, mining and metals company. It operates across three principal businesses. Its energy portfolio comprises thermal, hydropower and solar. Its mining portfolio covers coal and iron ore. Its metals business spans iron ore pellets, sponge iron, billets, wire rods, H.B. wire and ferro alloys, supported by value-added products such as eco-bricks and mineral wool. The company serves domestic and international markets and is recognised as a Two-Star Export House by the Government of India.

The company and its subsidiaries have operations and projects across Chhattisgarh, Andhra Pradesh, Sikkim, Uttarakhand, Madhya Pradesh and other resource locations, with an international mining presence in Indonesia. Its principal manufacturing and power facilities are in and around Raipur, Raigarh and Vizianagaram. In hydropower, it has a 113 MW plant in Sikkim and a 24.9 MW project at Rehar in Chhattisgarh, and its installed hydropower capacity is 166.7 MW. Its thermal power portfolio includes a 600 MW asset that came with the acquisition of SKS Power. Coal is mined at the Gare Palma IV/7 block in Chhattisgarh.

The company was incorporated in 1973. Over five decades it has grown from a single steel unit into an integrated energy, mining and metals enterprise. It took its present form in 2007 following a merger. It later acquired SKS Power, whose 600 MW thermal asset it now owns.

It is the flagship company of the Sarda Group.

Legal name
Sarda Energy & Minerals Limited
NSE symbol
SARDAEN
BSE code
504614
ISIN
INE385C01021
Industry
Ferrous Metals
Listed
Mar 1974 on BSE, Dec 2009 on NSE
Face value
₹1
CIN
L27100MH1973PLC016617
Corporate identity number, the registrar of companies' code for it