Sarda Energy & Minerals Ltd has delivered a strong performance for FY26, reporting a 20% CAGR in revenue to ₹5,928 crore. The company has successfully transformed into a diversified energy and mining player, achieving a 3x jump in both EBITDA and Profit After Tax (PAT) compared to FY21. With major capacity additions in energy and mining, the company maintains a strong liquidity position and a record-high dividend payout of 200% for the fiscal year.
FY26 Financial Highlights
The company demonstrated strong financial growth in FY26, with consolidated revenue reaching ₹5,928 crore. EBITDA stood at ₹2,025 crore, reflecting a 25% CAGR over the last five years. PAT saw an impressive increase to ₹1,109 crore. This growth was driven by the successful integration of thermal power assets and a strategic shift toward a diversified business model with steady cash flows.
Strategic Transformation and Operational Success
Sarda Energy & Minerals has transitioned from a mid-sized metal player to a robust energy and mining powerhouse. A key milestone in this journey was the successful acquisition and integration of SKS Power, which has significantly bolstered the company’s energy generation capacity. Total energy capacity has expanded ~5x to 929 MW in FY26, with plans to reach 1,720.5 MW by FY30.
Record-Breaking Production Levels
FY26 marked a year of operational excellence, with the company achieving highest-ever annual production across several key categories. This includes 5,458 MU of thermal power, 661.37 MU of hydro power, 17.99 lakh MT of coal, and 8.26 lakh MT of iron ore pellets. These figures reflect the company’s commitment to optimizing its captive resources and enhancing efficiency in its integrated value chain.
Future Growth Outlook
Looking ahead, the company is focused on its ‘Expanding Horizons of Growth’ strategy. By quadrupling its mining capacity and doubling energy capacity by FY30, the company aims to capitalize on national trends in manufacturing, energy security, and coal gasification. With a net debt-free balance sheet on a standalone basis and an AA- credit rating, the company is well-positioned for sustained long-term value creation for its shareholders.
Source: BSE
