| Revenue growth | Q2 -4.9% YoY; H1 -3.2% YoY |
|---|---|
| Margins | Q2 EBITDA margin 37.5% (36.3%); H1 41.2% (38.6%) |
| Demand visibility | Energy ~78% of H1 EBIT; 380+ MW PPAs secured |
| Management confidence | Mgmt: resilient performance, expansion on track |
Growth
Q2 revenue ₹1,453 Cr (-4.9% YoY); PAT ₹320 Cr (-2.2%). H1 revenue ₹3,061 Cr (-3.2%), PAT ₹799 Cr (+4.5%).
Outlook
Target to double EBITDA medium term (FY26 base); 400 MW renewables and 7+ MTPA coal by FY30; ₹10,000+ Cr capex.
Risks
Planned 47-day 600 MW thermal shutdown, 30 MW turbine replacement hit steel; weak rainfall; coal evacuation curbs domestic output.
Last quarter's promises, checked
Partly delivered
- Guided FY27 IPP gen above 415 cr units → Q2 hydro weak, no FY unit figure reported (= PARTIAL, unverified)
Missed
- Guided Q2 hydro 'definitely better' on good rains → Q2 cites weak rainfall (= MISS)
- Guided steel volumes up after 30 MW unit (ops by mid-Jul) → steel billet Q2 volume -48% (= MISS)
Investor Presentation filed with NSE, NSE: SARDAEN. Summary written with AI assistance from the document.
Sarda Energy & Minerals Ltd: key numbers
- Share price
- ₹449.00
- Market cap
- ₹15,822 Cr
- Revenue (annual)
- ₹5,690 Cr
- Net profit (annual)
- ₹1,106 Cr
- P/E (TTM)
- 14.2×Sector 17.2×
- Promoter holding
- 73.16%+0.00% QoQ
- FII holding
- 3.62%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Sarda Energy & Minerals Ltd
All →Sarda Energy & Minerals Earnings Call Transcript: Key Takeaways
Record H1 EBITDA ₹1,326 Cr (+4% YoY) and PAT ₹799 Cr (+5%), driven by energy. Management declined numeric forward guidance when asked about FY27 targets.
Sarda Energy & Minerals Results Update
Sarda Energy & Minerals reported Q2 and H1 FY27 results via press release, with H1 EBITDA at Rs 1,326 Cr (up 3.9%) and PAT at Rs 799 Cr. It also announced a manganese ore block win in Andhra Pradesh through a subsidiary.
Sarda Energy & Minerals Q2 FY27 Results: Net Profit ₹320.5 Cr, Down 2.2% YoY
Sarda Energy & Minerals Ltd reported revenue from operations of ₹1,453 Cr (-4.9% YoY) and net profit of ₹320.5 Cr (-2.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹320.5 Cr · -2.2% YoY
Sarda Energy & Minerals Other Announcement
Sarda Energy & Minerals re-filed its quarterly shareholding pattern for the quarter ended 30 September 2026. The filing shows promoter and promoter group holdings and public category breakdowns with no transaction or money involved.
Sarda Energy & Minerals Merger & Restructuring Worth ₹3 Cr
Sarda Energy & Minerals will incorporate a wholly owned subsidiary in Dubai for trading. The initial investment for this expansion is capped at ₹3 Crore.
- Value
- ₹3.00 Cr
- Execution
- 4-6 months
Sarda Energy & Minerals Board Meeting Date
Sarda Energy & Minerals has scheduled a board meeting on 31 Oct 2026 to consider unaudited Q1 FY27 results. No financial figures are disclosed in this advance intimation.