Sarda Energy & Minerals Ltd. has announced strong financial results for the financial year ended March 31, 2026, reporting a consolidated net profit of ₹1,063.30 crore. Reflecting this growth, the Board of Directors has recommended a dividend of ₹2/- per equity share (200%). Additionally, the company unveiled a major strategic initiative to expand its pellet manufacturing capacity by 1.1 MnT with an estimated investment of ₹500 crore.
Financial Performance Highlights
For the fiscal year ending March 31, 2026, Sarda Energy & Minerals reported significant growth. On a consolidated basis, the company achieved total revenue from operations of ₹5,690.45 crore. The net profit after tax reached ₹1,063.30 crore, demonstrating a strong operational performance for the year. Shareholders are set to benefit from the company’s success, with a recommended dividend of ₹2 per share (200%), pending approval at the upcoming Annual General Meeting.
Segment Contributions
The company’s diverse portfolio in Steel, Ferro Alloys, and Power continues to drive its financial health. The Power segment, bolstered by recent acquisitions including SKS Power Generation (Chhattisgarh) Limited, has become a significant revenue driver. The consolidated segment revenue for the year stood at ₹6,443.44 crore, showcasing the impact of the company’s strategic expansion in the energy sector.
Strategic Growth Initiative: Pellet Capacity Expansion
In a move to capitalize on growing market demand and achieve greater economies of scale, the company has approved the expansion of its pellet manufacturing capacity. The plan includes adding 1.1 MnT to the existing 0.90 MnT capacity. This project is expected to be completed within 30 months from the start of work or order placement, requiring an approximate investment of ₹500 crore, which will be funded through a mix of internal accruals and debt.
Operational Outlook
With an existing capacity utilization of 92%, the expansion is timely. The company continues to prioritize operational efficiency and growth, as evidenced by the unmodified opinion issued by its Statutory Auditors, M/s. Singhi & Co., regarding the financial results. The management remains committed to sustaining this growth trajectory while navigating the evolving business landscape.
Source: BSE
