Latest news with #SardaEnergy&Minerals
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Business Standard
06-08-2025
- Business
- Business Standard
Mukul Agrawal portfolio smallcap stock zooms 38% in 3 days post Q1 results
Sarda Energy & Minerals share price today Shares of Sarda Energy & Minerals hit an all-time high of Rs 607.45, as they rallied 12.5 per cent on the BSE in Wednesday's intra-day trade in an otherwise weak market. The stock price of the smallcap iron & steel products company surpassed its previous high of Rs 565.55, touched on March 19, 2025. In the past three trading days, the stock has zoomed 38 per cent after the company on Saturday announced its June 2025 (Q1FY26) quarter earnings. At 02:29 PM; Sarda Energy & Minerals was quoting 10 per cent higher at ₹591.70, as compared to 0.21 per cent decline in the BSE Sensex. The BSE Midcap and Smallcap index were down 1 per cent. Exchange seeks clarification on Sarda share price movement The BSE on Tuesday August 5, has sought clarification from Sarda Energy & Minerals Ltd, with reference to movement in volume. The reply is awaited. Q1 results - Sarda Energy & Minerals In the April to June 2025 quarter (Q1FY26) Sarda Energy & Minerals reported a consolidated profit after tax (PAT) of ₹437 crore. The company posted a PAT of ₹198 crore in a year ago and ₹ 100 crore in the previous quarter. The company's revenue from operations stood at ₹1,633 crore in Q1FY26, against ₹926 crore in Q1FY25 and ₹1,239 crore in Q4FY25. On August 21, 2024, Sarda Energy & Minerals completed acquisition of SKS Power Generation (Chhattisgarh) Limited (SKS) pursuant to the Resolution Plan (RP) as approved by the National Company Law Tribunal vide its order dated August 13, 2024, under Corporate Insolvency and Resolution Process (CIRP) of the Insolvency and Bankruptcy Code, 2016 (IBC). Pursuant to the RP, Sarda Energy & Minerals amalgamated the whole of the undertaking of SKS along with all the properties, assets, liabilities, permits, licenses, investments etc. with itself as a going concern w.e.f. appointed date of September 1, 2024. Results of the current and immediate previous quarter includes the numbers of SKS, hence not comparable with the first quarter of the previous periods, the company said in note of accounts. Energy segment emerges as the growth engine, transforming Sarda Energy & Minerals into an energy powerhouse. The segment contributed Rs 800 crore in revenue (49 per cent of consolidated revenue) and Rs 467 crore in earnings before interest, taxes, depreciation, and amortization (EBITDA) (67 per cent of consolidated EBITDA) in Q1FY26. Building blocks for sustainable growth Sarda Energy & Minerals is strategically positioned to capitalize on the emerging opportunities, particularly in the energy sector. The company forayed into commercial Thermal Power and expanding capacity for Renewable Power. It is strategically acquiring assets to expand the mineral portfolio. The company said it has scaled up products and capacities of the integrated metal business. The company in an investor presentation said that the existing infrastructure at IPP Binjkot (SKS Power) provides potential of doubling the capacity over time. Two small hydropower projects totaling 48.90 MW capacity are under different stages of approvals. Mukul Mahavir Agrawal held over 1 per cent holding in Sarda Energy & Minerals Investor Mukul Mahavir Agrawal held over 1 per cent holding in Sarda Energy & Minerals at the end of June 2025 quarter. As per shareholding pattern, Mukul Agrawal held 4 million equity shares or 1.14 per cent holding in Sarda Energy & Minerals. About Sarda Energy & Minerals Sarda Energy & Minerals is an energy and minerals company with operational iron ore and coal mines in Chhattisgarh and Thermal and Hydropower generation plants in different locations across India, with a growing portfolio of mineral and energy assets.
Business Standard
04-08-2025
- Business
- Business Standard
Sarda Energy rallies after Q1 profit surges 120% YoY
Sarda Energy & Minerals soared 14.75% to Rs 504.05 after the company delivered a blowout performance in the June quarter. The company's consolidated net profit soared 120% year-on-year (YoY) to Rs 437 crore, compared to Rs 198 crore in the same quarter last year. The sequential jump was even more striking, with profit after tax (PAT) rising 335% from Rs 100 crore in Q4FY25. Riding on strong operational momentum, revenue from operations stood at Rs 1,633 crore in Q1FY26, up 76% YoY and 32% quarter-on-quarter (QoQ) from Rs 926 crore and Rs 1,239 crore respectively. EBITDA for the quarter more than doubled YoY to Rs 697 crore, marking a robust 108% increase from Rs 336 crore in Q1FY25. On a sequential basis, EBITDA surged 120% from Rs 317 crore in the previous quarter. Cash profit, a key indicator of a companys internal accrual strength, leapt 161% YoY to Rs 642 crore and 154% QoQ. The energy segment emerged as the star of the quarter, contributing Rs 800 crore in revenue, accounting for 47% of consolidated revenue, and Rs 467 crore in EBITDA, which made up a hefty 67% of the companys total EBITDA. Sarda's iron ore pellet sales rose 22% QoQ and 9% YoY to 140,000 metric tonnes. Wire rod volumes jumped 80% sequentially and 5% YoY, while steel billet volumes, though lower by 5% QoQ, surged 120% YoY to 11,000 MT. Hydro power generation was a standout performer, growing 434% QoQ and 38% YoY to 112 million kWh. Captive thermal power also posted a 77% QoQ and 36% YoY increase, reaching 33 million kWh. Independent power production (IPP) stood at 1,067 million kWh, up 13% sequentially. However, the corresponding figure for Q1FY25 was not disclosed. Notably, domestic coal sales spiked 440% to 27,000 MT from just 5,000 MT in Q4FY25, though they were 89% lower than the 234,000 MT reported in Q1FY25. Sponge iron sales stood at 32,000 MT in Q1FY26, reflecting a 1% QoQ decline and 9% YoY drop. Ferro alloy sales came in at 48,000 MT, up 4% QoQ and up 5% YoY. Sarda Energy & Minerals is an energy and minerals company with operational iron ore and coal mines in Chhattisgarh and Thermal and Hydropower generation plants in different locations across India, with a growing portfolio of mineral and energy assets. It has a total operational Thermal Power capacity of 761.50 MW and Hydropower capacity of 167 MW. It is also an integrated steel producer of long steel products having steel manufacturing facility at Raipur, Chhattisgarh and a leading producer and exporter of ferro alloys with manufacturing facilities at Raipur & Vizag.
Mint
04-08-2025
- Business
- Mint
3000% rally in five years! This multibagger small-cap stock gains 20% as net profit doubles in Q1
Sarda Energy & Minerals saw its share price rise sharply by 20%, reaching a 5-month high of ₹ 527 apiece in Monday's trade on August 4. The rally came in reaction to the company's stellar June-quarter performance, which boosted investor sentiment. The company, on Saturday, reported a consolidated net profit of ₹ 437 crore, marking a 120% YoY and 335% QoQ jump. Revenue from operations came in at ₹ 1,633 crore compared to ₹ 926 crore in the June 2024 quarter, representing a 76% YoY growth. At the operating level, EBITDA stood at ₹ 617 crore versus ₹ 261 crore in the year-ago quarter, with margins expanding by 1,000 basis points YoY to 38%. The company stated that its energy segment emerged as the growth engine, contributing ₹ 800 crore in revenue (47% of consolidated revenue) and ₹ 467 crore in EBITDA (67% of consolidated EBITDA). The Metals segment also posted a steady performance despite lower realizations, supported by stable volume growth. It reported a strong operational performance in Q1FY26, with notable sequential improvements across most product categories. Iron ore pellet production rose to 230,000 MT, up 23% QoQ and 9% YoY. Sponge iron output increased 22% QoQ to 84,000 MT, marking a 4% YoY rise. Steel billet production grew 35% QoQ and 17% YoY to 54,000 MT, while wire rod output saw a sharp 54% QoQ and 6% YoY increase to 42,000 MT. H.B wire production edged up 7% QoQ and 9% YoY, reaching 10,000 MT. In ferro alloys, the company produced 51,000 MT, reflecting a 6% QoQ and 9% YoY increase. Captive thermal power generation improved 15% QoQ and 15% YoY to 355 Mn KWh, while thermal IPP power output rose 13% QoQ to 1,182 Mn KWh. Hydro powergeneration surged significantly by 431% QoQ and 37% YoY, totaling 120 Mn kWh, as per the company's earnings filing. Looking at the stock's performance, Sarda Energy & Minerals shares have maintained a steady upward trend since April 2020, breaking record highs without any major pullbacks, even during periods of sustained sell-offs in the Indian stock market. From the April lows of ₹ 11.35 apiece, the stock has jumped 4500% to trade at the current level of ₹ 522. In March, it recorded a fresh all-time high of ₹ 565.55, and at current levels, it is just 7.70% away from that record high. Over the last three years, the stock has delivered a 500% return, and in the last five years, it has soared by 3,000%. Sarda Energy & Minerals Limited (SEML), incorporated in 1973, is an energy and minerals company with operational iron ore and coal mines in Chhattisgarh and thermal and hydropower generation plants in different locations across India, with a growing portfolio of mineral and energy assets. The company said it has a total operational thermal power capacity of 761.50 MW and hydropower capacity of 167 MW and also an integrated steel producer of long steel products, having a steel manufacturing facility at Raipur, Chhattisgarh, and a leading producer and exporter of ferro alloys with manufacturing facilities at Raipur & Vizag. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Economic Times
04-08-2025
- Business
- Economic Times
Sarda Energy shares rally 20% after Q1 profit more than doubles
Sarda Energy shares: Sarda Energy posted a 118.5% year-on-year increase in consolidated net profit, reaching ₹434.36 crore for the quarter ended June 2025, compared to ₹198.76 crore in the same period last year. According to the company's exchange filing on Saturday, revenue from operations rose 76.3% to ₹1,633 crore, up from ₹926 crore a year ago. Tired of too many ads? Remove Ads Stock rallies amid bullish technical setup Tired of too many ads? Remove Ads Hydropower push Shares of Sarda Energy & Minerals jumped as much as 20% on Monday to Rs 527.10 on the BSE after the company posted a sharp rise in first-quarter earnings, with net profit more than doubling on the back of strong revenue growth and higher margins. Sarda Energy reported a 118.5% year-on-year rise in consolidated net profit to Rs 434.36 crore for the quarter ended June 2025, compared with Rs 198.76 crore in the same quarter last year. Revenue from operations climbed 76.3% to Rs 1,633 crore during the June 2025 quarter, up from Rs 926 crore a year earlier, according to the company's exchange filing on before interest, tax, depreciation and amortisation (Ebitda) rose to Rs 617 crore from Rs 261 crore, while operating margins improved to 37.8% from 28.1% in the year-ago stock has gained 16.5% over the past month and is up 94% in the last 12 months. So far in 2025, it has risen 4.6%. Monday's sharp rally pushed the stock above all its eight key simple moving averages, spanning from the 5-day to the 200-day SMA, signalling continued bullish momentum across short- to long-term Relative Strength Index (RSI) stood at 47.5, suggesting the stock is neither overbought nor oversold. Meanwhile, the Moving Average Convergence Divergence (MACD) remained above both its signal and center lines at 0.3, reinforcing the July, the company's subsidiary, Chhattisgarh Hydro Power LLP, received an in-principle approval from the Chhattisgarh State Power Distribution Company to procure electricity on a long-term basis from the Rehar-1 small hydro power project."The company has received in-principle approval from Chhattisgarh State Power Distribution Company Ltd. for procuring power from 3x 8.3 MW Rehar-1 small hydro power project on a long term basis; and has commenced commercial operation of Rehar-1 small hydro power project," Sarda Energy said in its exchange Energy & Minerals, originally established as Raipur Alloys and Steel in 1976, was acquired by the Sarda Group in 1979 and renamed in 1985. It adopted its current name in 2006. The company operates an integrated steel manufacturing facility with in-house sponge iron and ferro alloy production, supported by a captive thermal power plant. It also has a presence in the hydropower sector via special purpose vehicles.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
04-08-2025
- Business
- Time of India
Sarda Energy shares rally 20% after Q1 profit more than doubles
Sarda Energy shares: Sarda Energy posted a 118.5% year-on-year increase in consolidated net profit, reaching ₹434.36 crore for the quarter ended June 2025, compared to ₹198.76 crore in the same period last year. According to the company's exchange filing on Saturday, revenue from operations rose 76.3% to ₹1,633 crore, up from ₹926 crore a year ago. Tired of too many ads? Remove Ads Stock rallies amid bullish technical setup Tired of too many ads? Remove Ads Hydropower push Shares of Sarda Energy & Minerals jumped as much as 20% on Monday to Rs 527.10 on the BSE after the company posted a sharp rise in first-quarter earnings, with net profit more than doubling on the back of strong revenue growth and higher margins. Sarda Energy reported a 118.5% year-on-year rise in consolidated net profit to Rs 434.36 crore for the quarter ended June 2025, compared with Rs 198.76 crore in the same quarter last year. Revenue from operations climbed 76.3% to Rs 1,633 crore during the June 2025 quarter, up from Rs 926 crore a year earlier, according to the company's exchange filing on before interest, tax, depreciation and amortisation (Ebitda) rose to Rs 617 crore from Rs 261 crore, while operating margins improved to 37.8% from 28.1% in the year-ago stock has gained 16.5% over the past month and is up 94% in the last 12 months. So far in 2025, it has risen 4.6%. Monday's sharp rally pushed the stock above all its eight key simple moving averages, spanning from the 5-day to the 200-day SMA, signalling continued bullish momentum across short- to long-term Relative Strength Index (RSI) stood at 47.5, suggesting the stock is neither overbought nor oversold. Meanwhile, the Moving Average Convergence Divergence (MACD) remained above both its signal and center lines at 0.3, reinforcing the July, the company's subsidiary, Chhattisgarh Hydro Power LLP, received an in-principle approval from the Chhattisgarh State Power Distribution Company to procure electricity on a long-term basis from the Rehar-1 small hydro power project."The company has received in-principle approval from Chhattisgarh State Power Distribution Company Ltd. for procuring power from 3x 8.3 MW Rehar-1 small hydro power project on a long term basis; and has commenced commercial operation of Rehar-1 small hydro power project," Sarda Energy said in its exchange Energy & Minerals, originally established as Raipur Alloys and Steel in 1976, was acquired by the Sarda Group in 1979 and renamed in 1985. It adopted its current name in 2006. The company operates an integrated steel manufacturing facility with in-house sponge iron and ferro alloy production, supported by a captive thermal power plant. It also has a presence in the hydropower sector via special purpose vehicles.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
