Sarda Energy & Minerals Ltd. has released its investor presentation for the second quarter and first half of fiscal year 2027. The presentation details the company’s financial performance, including consolidated highlights for EBITDA and profit after tax, alongside operational achievements in its Energy, Mining, and Metals segments. It also outlines the company’s strategic direction and business overview, emphasizing growth plans and resilient operations despite planned shutdowns.
Sarda Energy & Minerals Ltd. Investor Presentation: Q2 & H1 FY27
Sarda Energy & Minerals Ltd. (SEML) has released its investor presentation for the second quarter and first half of the fiscal year 2027, covering results up to September 30, 2026. The company highlighted a resilient performance despite planned operational shutdowns, underscored by its highest-ever half-yearly EBITDA of ₹1,326 crore, marking a 4% YoY growth. Total income for Q2 FY27 stood at ₹1,505 crore, with EBITDA at ₹564 crore and Profit After Tax at ₹320 crore.
Performance Highlights and Segmental Review
The Energy segment contributed over 70% of consolidated EBITDA, with strong financial performance in hydropower despite rainfall challenges. The Q2 performance for energy was impacted by a 47-day maintenance shutdown at its 600 MW Thermal power plant. In the Mining segment, SEML forayed into manganese mining with a preferred bid for the Avagudem mine in Andhra Pradesh, expected to enhance raw material security and integrated operations. The Metals segment saw the pellet plant achieve a record H1 production of 4,29,059 MT, though steel production was affected by turbine replacement.
Financial Snapshot
For Q2 FY27, revenue from operations was ₹1,453 crore, with EBITDA at ₹564 crore and PAT at ₹320 crore. The first half of FY27 (H1 FY27) saw revenue from operations of ₹3,061 crore, EBITDA of ₹1,326 crore, and PAT of ₹799 crore. The company noted that H1 FY27 revenue and EBITDA include a one-time prior-period tariff true-up income relating to the Sikkim hydropower plant.
Strategic Direction and Growth Initiatives
SEML’s strategic direction focuses on accelerating capacity expansion, with plans to double energy capacity and quadruple mining capacity by FY30. Upcoming manganese ore and iron ore mines, along with expansions in thermal and hydropower, are key growth drivers. The company is executing a ₹10,000+ crore growth capex focused on high-return energy and mining assets. A 2X EBITDA roadmap is in place, driven by capacity expansion, operational excellence, experienced management, and capital optimization.
Financial Prowess and Governance
The company’s financial position is reinforced by CRISIL rating upgrades to AA/Stable for SEML. SEML and its subsidiary SMAL have achieved strong long-term credit ratings. The presentation also details the company’s diversified business model across Energy, Minerals, and Metals, and its geographical footprint in India and Indonesia. Strong governance is maintained with an experienced board and focus on safety, health, and social responsibility initiatives.
Source: BSE
