Sandur Manganese & Iron Ores Ltd
Sandur Manganese & Iron Ores Q3 FY24: Revenue ₹168 Cr, PAT ₹10 Cr
Q3 FY24 investor presentation: what the company reported on revenue, margins and projects.
Based on Sandur Manganese & Iron Ores Ltd's Q3 FY24 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
Q3FY24 Financials: - Total Income: ₹168 Crore (down 58% YoY) - EBITDA: ₹32 Crore (down 59% YoY) - PAT: ₹10 Crore (down 77% YoY) - Shareholders Funds: ₹1,994 Crore - Segment Sales Volumes and YoY Changes (Q3FY24): - Manganese Ore: 0.40 Lakh Tonne sales (down 16% YoY) - Ferroalloys: 1.48 Lakh Tonne sales (down 64% YoY) - Coke: 4,363 Tonne sales (down 69% YoY) - Iron Ore: 6,174 Tonne sales (down 82% YoY) - Outlook: - Company commenced iron ore exports in Q4FY24, expecting better realizations. Q3FY24 Financial Highlights (Page 15): - EBITDA: ₹32 Crore, down 59% YoY - PAT: ₹10 Crore, down 77% YoY - Operating Margin (EBITDA Margin): 6%, contracted by 459 bps YoY - 9MFY24 Financial Highlights (Page 17): - EBITDA: ₹164 Crore, down 18% YoY - PAT: ₹76 Crore, down 22% YoY - Operating Margin: 10%, expanded by 387 bps YoY - No explicit forward-looking margin outlook or guidance is stated in the investor presentation.
From Sandur Manganese & Iron Ores Ltd's Q3 FY24 earnings-call transcript · updated 25 Sept 2026.
Revenue & Sales Performance
- Q3FY24 Financials:
- Total Income: ₹168 Crore (down 58% YoY)
- EBITDA: ₹32 Crore (down 59% YoY)
- PAT: ₹10 Crore (down 77% YoY)
- Shareholders Funds: ₹1,994 Crore
- Segment Sales Volumes and YoY Changes (Q3FY24):
- Manganese Ore: 0.40 Lakh Tonne sales (down 16% YoY)
- Ferroalloys: 1.48 Lakh Tonne sales (down 64% YoY)
- Coke: 4,363 Tonne sales (down 69% YoY)
- Iron Ore: 6,174 Tonne sales (down 82% YoY)
- Outlook:
- Company commenced iron ore exports in Q4FY24, expecting better realizations.
- Mining segment remains core profitability driver.
- Ferroalloys volumes recovering QoQ; hopeful for better demand in the coming financial year.
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 Capacity Enhancements:
- Manganese ore capacity increased from 0.28 MTPA to 0.46 MTPA, with a further proposed increase to 0.58 MTPA.
- Iron ore capacity increased from 1.60 MTPA to 3.81 MTPA, with a further proposed increase to 4.50 MTPA.
- All expansions comply with Hon’ble Supreme Court parameters.
- Environmental Clearance received on 25 April 2023; Consent For Operation (CFO) granted on 2 February 2024.
- Applications submitted to Supreme Court Monitoring Committee for maximum permissible annual production limits.
- New Plant/Projects:
- Setting up of a beneficiation plant along with Downhill Conveyor System (DCS) approved by Karnataka State Pollution Control Board (KSPCB).
- Hybrid renewable energy plant (42.9 MW) established to cater to ferroalloys operations.
- Coke oven plant (0.5 MTPA capacity) and 32 MW Waste Heat Recovery Boilers (WHRB) fully commissioned.
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
Frequently Asked Questions
What were Sandur Manganese & Iron Ores Ltd Q3 FY24 results?
Q3FY24 Financials: - Total Income: ₹168 Crore (down 58% YoY) - EBITDA: ₹32 Crore (down 59% YoY) - PAT: ₹10 Crore (down 77% YoY) - Shareholders Funds: ₹1,994 Crore - Segment Sales Volumes and YoY Changes (Q3FY24): - Manganese Ore: 0.40 Lakh Tonne sales (down 16% YoY) - Ferroalloys: 1.48 Lakh Tonne sales (down 64% YoY) - Coke: 4,363 Tonne sales (down 69% YoY) - Iron Ore: 6,174 Tonne sales (down 82% YoY) - Outlook: - Company commenced iron ore exports in Q4FY24, expecting better realizations. Q3FY24 Financial Highlights (Page 15): - EBITDA: ₹32 Crore, down 59% YoY - PAT: ₹10 Crore, down 77% YoY - Operating Margin (EBITDA Margin): 6%, contracted by 459 bps YoY - 9MFY24 Financial Highlights (Page 17): - EBITDA: ₹164 Crore, down 18% YoY - PAT: ₹76 Crore, down 22% YoY - Operating Margin: 10%, expanded by 387 bps YoY - No explicit forward-looking margin outlook or guidance is stated in the investor 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 Capacity Enhancements: - Manganese ore capacity increased from 0.28 MTPA to 0.46 MTPA, with a further proposed increase to 0.58 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.