Sandur Manganese & Iron Ores Ltd
Sandur Manganese & Iron Ores Q1 FY26: Revenue ₹1,150 Cr, PAT ₹167 Cr
Q1 FY26 investor presentation: what the company reported on revenue, margins and projects.
Based on Sandur Manganese & Iron Ores Ltd's Q1 FY26 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.
The short version
Q1FY26 Revenue & Sales Volume: - Consolidated Total Income: ₹1,150 crore (+84% YoY, -14% QoQ) - Standalone Total Income: ₹435 crore (-30% YoY, -28% QoQ) - Mining segment production (Q1FY26 YoY change): - Manganese Ore: 0.49 lakh tonnes (27% decrease YoY) - Iron Ore: 0.95 lakh tonnes (flattish QoQ, 2% decrease YoY) - Ferroalloys production: 11,026 tonnes (34% increase YoY) - Steel (Arjas Steel, consolidated Nov 2024): 0.97 lakh tonnes (-2% QoQ) - Coke production: 0.869 lakh tonnes (-87% YoY, -90% QoQ) (excluding contract manufacturing) - Outlook: - Mining segment: Strong production ramp-up post MPAP expansion; slower manganese ore sales ramp-up but ongoing efforts to expand. Consolidated Q1FY26 Financials - EBITDA: ₹314 crore (up 47% YoY) - PAT: ₹167 crore (up 16% YoY) - Operating margin (EBITDA margin): 27% - Standalone Q1FY26 Financials - EBITDA: ₹219 crore (up 2% YoY) - PAT: ₹129 crore (down 12% YoY) - Operating margin (EBITDA margin): 50% - Margin Outlook - No explicit future margin outlook is stated in the presentation.
From Sandur Manganese & Iron Ores Ltd's Q1 FY26 earnings-call transcript · updated 25 Sept 2026.
Revenue & Sales Performance
- Q1FY26 Revenue & Sales Volume:
- Consolidated Total Income: ₹1,150 crore (+84% YoY, -14% QoQ)
- Standalone Total Income: ₹435 crore (-30% YoY, -28% QoQ)
- Mining segment production (Q1FY26 YoY change):
- Manganese Ore: 0.49 lakh tonnes (27% decrease YoY)
- Iron Ore: 0.95 lakh tonnes (flattish QoQ, 2% decrease YoY)
- Ferroalloys production: 11,026 tonnes (34% increase YoY)
- Steel (Arjas Steel, consolidated Nov 2024): 0.97 lakh tonnes (-2% QoQ)
- Coke production: 0.869 lakh tonnes (-87% YoY, -90% QoQ) (excluding contract manufacturing)
- Outlook:
- Mining segment: Strong production ramp-up post MPAP expansion; slower manganese ore sales ramp-up but ongoing efforts to expand.
- Coke & Energy: Capacity utilization to increase as coking coal markets stabilize.
- Ferroalloys: Aim to maximize operational furnace capacity and increase captive manganese ore consumption.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Sandur Manganese & Iron Ores Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Mining Expansion:
- Manganese ore MPAP increased from 0.28 MTPA to 0.599 MTPA; iron ore MPAP increased to 4.45 MTPA.
- Additional Consent for Operations for incidental iron ore handling: 0.164 MTPA in FY26 and 0.163 MTPA in FY27.
- All expansions comply with environmental norms and Supreme Court parameters.
- Steel Segment:
- Strategic acquisition of Arjas Steel completed on 11 Nov 2024.
- Steel manufacturing capacity at 0.585 MTPA with dual manufacturing routes (BOF and EAF).
- Commissioned Garret Coiler facility (trial production) at Tadipatri plant in Feb 2025.
- Coke and Energy:
- Coke Oven plant commissioned fully on 18 Jan 2021; expansion started in March 2018 for 0.5 MTPA capacity.
- Waste Heat Recovery Boilers capacity 32 MW operational.
- Hybrid renewable energy project of 42.9 MW commissioned June 2023.
- Arjas Solar capacity 20.4 MW; gas-recovery based 21 MW capacity operational.
- Recent Approvals:
2 more points management made on capital expenditure plans
Top-ranked in Ferrous Metals
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Sandur Manganese & Iron Ores Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
2 more points management made on order book & pipeline
Sandur Manganese & Iron Ores Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹1.5K Cr, net profit ₹236 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Sandur Manganese & Iron Ores Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Sandur Manganese & Iron Ores Ltd Q1 FY26 results?
Q1FY26 Revenue & Sales Volume: - Consolidated Total Income: ₹1,150 crore (+84% YoY, -14% QoQ) - Standalone Total Income: ₹435 crore (-30% YoY, -28% QoQ) - Mining segment production (Q1FY26 YoY change): - Manganese Ore: 0.49 lakh tonnes (27% decrease YoY) - Iron Ore: 0.95 lakh tonnes (flattish QoQ, 2% decrease YoY) - Ferroalloys production: 11,026 tonnes (34% increase YoY) - Steel (Arjas Steel, consolidated Nov 2024): 0.97 lakh tonnes (-2% QoQ) - Coke production: 0.869 lakh tonnes (-87% YoY, -90% QoQ) (excluding contract manufacturing) - Outlook: - Mining segment: Strong production ramp-up post MPAP expansion; slower manganese ore sales ramp-up but ongoing efforts to expand. Consolidated Q1FY26 Financials - EBITDA: ₹314 crore (up 47% YoY) - PAT: ₹167 crore (up 16% YoY) - Operating margin (EBITDA margin): 27% - Standalone Q1FY26 Financials - EBITDA: ₹219 crore (up 2% YoY) - PAT: ₹129 crore (down 12% YoY) - Operating margin (EBITDA margin): 50% - Margin Outlook - No explicit future margin outlook is stated in the presentation.
What is Sandur Manganese & Iron Ores Ltd share price analysis?
Sandur Manganese & Iron Ores Ltd currently shows a neutral. The stock trades at a P/E of 12.2 with a market cap of ₹9,012 Cr. Investors should review the full earnings analysis for detailed insights.
Is Sandur Manganese & Iron Ores Ltd planning capital expenditure?
Mining Expansion: - Manganese ore MPAP increased from 0.28 MTPA to 0.599 MTPA; iron ore MPAP increased to 4.45 MTPA.
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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.