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Sandur Manganese & Iron Ores Ltd

Q2 FY25Ferrous Metals

Sandur Manganese & Iron Ores Q2 FY25: Revenue ₹285 Cr, PAT ₹32 Cr

Q2 FY25 investor presentation: what the company reported on revenue, margins and projects.

Price₹183
Market cap₹9.0K Cr
P/E12.2
Updated25 Sept 2026
Read4 min read

Based on Sandur Manganese & Iron Ores Ltd's Q2 FY25 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

Q2FY25 Financial Highlights (Page 20): - Total Income: ₹285 crore (41% YoY growth) - EBITDA: ₹62 crore (13% YoY growth) - PAT: ₹32 crore (22% YoY growth) - Segment Operational Performance (Pages Q2FY25 Financial Highlights (Page 20): - EBITDA: ₹62 crore (13% YoY growth) - Operating Margin (EBITDA margin): 22% (532 bps contraction YoY) - PAT: ₹32 crore (22% YoY growth) - Quarter-over-quarter changes: - EBITDA and PAT declined significantly QoQ by 71% and 78% respectively (Page 20).

From Sandur Manganese & Iron Ores Ltd's Q2 FY25 earnings-call transcript · updated 25 Sept 2026.

Revenue & Sales Performance

  • Q2FY25 Financial Highlights (Page 20):
  • Total Income: ₹285 crore (41% YoY growth)
  • EBITDA: ₹62 crore (13% YoY growth)
  • PAT: ₹32 crore (22% YoY growth)
  • Segment Operational Performance (Pages 18-19):
  • Manganese Ore: Production 0.81 Lakh Tonne (64% YoY increase), Sales 0.19 Lakh Tonne (72% YoY decrease), Realization ₹7,107/tonne (17% YoY decrease)
  • Ferroalloys: Production 10.91 Lakh Tonne, Sales 6.06 Lakh Tonne (-44% QoQ), Realization ₹2,997/tonne (-19% YoY)
  • Coke: Production 7,055 Tonne, Sales 5,944 Tonne, Realization ₹66,380/tonne (-5% YoY)
  • Iron Ore: Production 27,544 Tonne, Sales 6,794 Tonne, Realization ₹29,947/tonne (flat YoY)
  • Outlook (Page 22):
  • Expectation to normalize volumes affected by heavy rains

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:
  • Iron ore MPAP capacity increased from 1.60 MTPA to 3.81 MTPA (Feb 2024).
  • Further proposed increase of iron ore capacity to 4.36 MTPA (timeline not specified).
  • Manganese ore production capacity enhanced from 0.28 MTPA to 0.46 MTPA, then to 0.58 MTPA.
  • Consent for Operation for manganese ore mine No.2678 increased from 0.43 MTPA to 0.55 MTPA (Sep 2024).
  • Environmental Clearance for Ramghad mines enhanced for 0.216 MTPA iron ore (Sep 2024).
  • Strategic Business Acquisition:
  • Arjas Steel Private Limited acquired (~₹3,000 Crore Enterprise Value, transaction closed Nov 11, 2024).
  • Arjas Steel is expanding manufacturing capacity (~5 LTPA, with potential up to 1 MTPA).
  • Power & Energy:

2 more points management made on capital expenditure plans

Top-ranked in Ferrous Metals

Ranked on what management guided this quarter

5x potential
Rev 1Mar 1
2Indian Metals
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 3Mar 1
5
Rev 3Mar 2
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

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

The investor presentation of The Sandur Manganese & Iron Ores Limited does not report or mention any details about order book, order inflow, or pending orders. The presentation primarily covers: - Financial performance and operational highlights for Q2FY25 and H1FY25. - Details about mining expansion and production capacities. - Strategic business acquisition of Arjas Steel Private Limited.

2 more points management made on order book & pipeline

Sandur Manganese & Iron Ores Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

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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Frequently Asked Questions

What were Sandur Manganese & Iron Ores Ltd Q2 FY25 results?

Q2FY25 Financial Highlights (Page 20): - Total Income: ₹285 crore (41% YoY growth) - EBITDA: ₹62 crore (13% YoY growth) - PAT: ₹32 crore (22% YoY growth) - Segment Operational Performance (Pages Q2FY25 Financial Highlights (Page 20): - EBITDA: ₹62 crore (13% YoY growth) - Operating Margin (EBITDA margin): 22% (532 bps contraction YoY) - PAT: ₹32 crore (22% YoY growth) - Quarter-over-quarter changes: - EBITDA and PAT declined significantly QoQ by 71% and 78% respectively (Page 20).

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: - Iron ore MPAP capacity increased from 1.60 MTPA to 3.81 MTPA (Feb 2024).

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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.