Sarda Energy & Minerals Ltd reported a strong performance for the financial year ended March 31, 2026, with a consolidated net profit of ₹1,063.30 crore. The Board has recommended a dividend of ₹2 per share (200%). Additionally, the company announced a strategic ₹500 crore investment to expand its pellet manufacturing capacity by 1.1 MnT, aimed at meeting growing consumer demand and achieving greater economies of scale.
Financial Performance Overview
For the financial year ended March 31, 2026, Sarda Energy & Minerals Ltd achieved a consolidated revenue from operations of ₹5,690.45 crore. The company’s profit before tax stood at ₹1,449.49 crore. On a standalone basis, the company reported a net profit of ₹948.71 crore for the same period. The audit reports for these results were issued with an unmodified opinion by the Statutory Auditors.
Strategic Pellet Capacity Expansion
The company has approved a significant capital expenditure of approximately ₹500 crore to increase its pellet manufacturing capacity by 1.1 MnT. This project is expected to be completed within 30 months from the start of work or placement of orders. The expansion will be financed through a combination of internal accruals and debt. The rationale behind this investment is to address the rising consumer demand and leverage economies of scale in its core operations.
Dividend Recommendation
Reflecting its strong financial health, the Board of Directors has recommended a dividend of ₹2/- per equity share (representing a 200% payout) for the financial year 2025-26. This recommendation is subject to the approval of shareholders at the upcoming Annual General Meeting.
Segment Performance
The company continues to operate across key segments, including Steel, Ferro Alloys, and Power. The power segment has seen notable developments, including the acquisition of SKS Power Generation (Chhattisgarh) Limited on August 21, 2024, and the commissioning of the 24.9 MW Rehar Power Project in July 2025, which have contributed to the evolving scale of the company’s operations.
Source: BSE