Sarda Energy & Minerals Ltd. (SEML) has released an investor presentation showcasing its Q2 and H1 FY26 performance. The company’s energy segment is a core driver, with significant revenue contributions. Key highlights include strategic positioning in the energy sector and the integration of mining operations. Focus on sustainable growth and ESG initiatives are emphasized, with detailed financials provided for the reporting period.
Financial Performance Overview
Sarda Energy & Minerals Ltd. reported a strong performance in Q2 and H1 FY26, driven primarily by its energy segment. The company emphasized its strategic positioning and sustainable growth initiatives, providing detailed financial results in its investor presentation. The energy segment contributed Rs 1,505 Cr in Revenue (47% of consolidated Revenue) and Rs 759 Cr in EBIT (72% of consolidated EBIT) during H1FY26.
Key Highlights and Developments
Key strategic initiatives and operational highlights include:
- Sustainable Growth: Positioned to capitalize on emerging opportunities in the energy sector, including commercial thermal power and renewable energy.
- Integrated Mining: Focused on scaling up iron ore and coal mining to ensure cost-optimized raw material availability.
- Strong Financials: Achieved a cash profit of Rs 1,158 Cr and maintained strong liquidity at Rs 2,231 Cr. Net Debt/EBITDA ratio stood at 0.32x.
Energy Segment Performance
The energy segment continues to be a key driver for SEML, with strong revenue and profitability. IPP Binjkot (SKS Power) achieved an average PLF of 85%. The hydro power portfolio, including the newly commissioned Rehar plant, delivered a stable and high-margin revenue stream.
Production and Sales Trends
The company provided detailed production and sales data for various products, including Iron Ore Pellet, Sponge Iron, and Steel Billet. Thermal Power production reached 1130 Mn KwH in Q2FY26, a 422% increase YoY. Hydro Power generation was at 362 Mn KwH, up by 31% YoY.
Financial Highlights
Consolidated financial performance highlights include:
- Net Revenue: Increased by 32% to Rs 1,528 Cr in Q2FY26.
- EBIT: Increased by 49% to Rs 474 Cr in Q2FY26.
- PAT: Increased by 61% in Q2FY26.
- Cash PAT: Increased by 34% to Rs 516 Cr in Q2FY26.
Focus on Clean Energy
SEML is committed to clean energy, including hydro, waste heat, and solar power. A 50 MW solar plant is being installed in Chhattisgarh for captive consumption, and the company is transitioning to EV vehicles.
Source: BSE
