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Sandur Manganese & Iron Ores Ltd

Q3 FY26Ferrous Metals

Sandur Manganese & Iron Ores Q3 FY26: Revenue ₹507 Cr

Q3 FY26 investor presentation: what the company reported on revenue, margins and projects.

Price₹183
Market cap₹9.0K Cr
P/E12.2
Updated25 Sept 2026
Read5 min read

Based on Sandur Manganese & Iron Ores Ltd's Q3 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

Q3FY26 Financials (Standalone): - Total Income: ₹507 crore (2% YoY growth) - EBITDA: ₹202 crore (3% YoY decline) - PAT: ₹108 crore (15% YoY decline)* - Q3FY26 Financials (Consolidated): - Total Income: ₹1,237 crore (27% YoY growth) - EBITDA: ₹279 crore (7% YoY growth) - PAT: ₹116 crore (16% YoY decline)* - Q3FY26 Operational Sales Volumes & YoY Changes: - Manganese Ore Sales: 0.88 lakh tonnes (+101% YoY) - Iron Ore Sales: 9.57 lakh tonnes (+15% YoY) - Ferroalloys Sales: 17,574 tonnes (+5,681% YoY) - Steel Sales (Arjas Steel): 0.99 lakh tonnes (+15% YoY) - Coke: 0 tonnes (significant YoY decrease due to contract manufacturing) - Outlook: - Production ramp-up in manganese ore expected to continue with potential increased captive consumption. Q3FY26 EBITDA: - Standalone: ₹202 crore (YoY +27%) - Consolidated: ₹279 crore (YoY +7%) - Operating Margin (EBITDA Margin): - Standalone: 40% (YoY contraction of 2.2%) - Conso

From Sandur Manganese & Iron Ores Ltd's Q3 FY26 earnings-call transcript · updated 25 Sept 2026.

Revenue & Sales Performance

  • Q3FY26 Financials (Standalone):
  • Total Income: ₹507 crore (2% YoY growth)
  • EBITDA: ₹202 crore (3% YoY decline)
  • PAT: ₹108 crore (15% YoY decline)*
  • Q3FY26 Financials (Consolidated):
  • Total Income: ₹1,237 crore (27% YoY growth)
  • EBITDA: ₹279 crore (7% YoY growth)
  • PAT: ₹116 crore (16% YoY decline)*
  • Q3FY26 Operational Sales Volumes & YoY Changes:
  • Manganese Ore Sales: 0.88 lakh tonnes (+101% YoY)
  • Iron Ore Sales: 9.57 lakh tonnes (+15% YoY)
  • Ferroalloys Sales: 17,574 tonnes (+5,681% YoY)
  • Steel Sales (Arjas Steel): 0.99 lakh tonnes (+15% YoY)
  • Coke: 0 tonnes (significant YoY decrease due to contract manufacturing)
  • Outlook:
  • Production ramp-up in manganese ore expected to continue with potential increased captive consumption.
  • Iron ore operations aligned with annual MPAP limits, balance volumes targeted for Q4.

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

  • Manganese ore production capacity increased from 0.28 MTPA to 0.599 MTPA (progressive enhancements up to FY25).
  • Iron ore production capacity expanded from 1.60 MTPA to 4.45 MTPA with environmental clearance received (April 2023) and expansions approved through 2025.
  • Commissioned 42.9 MW captive hybrid renewable energy project (June 2023).
  • Arjas Steel commissioned new Ingot Casting Facility at Tadipatri (December 2025).
  • Commissioned Garret Coiler facility (trial production) at Arjas Steel Tadipatri plant (February 2025).
  • Strategic business acquisition of Arjas Steel Private Limited completed in November 2024, integrating 0.585 MTPA steel manufacturing capacity.
  • Received approvals to enhance iron ore Permissible Annual Production limit to 4.36 MTPA (January and May 2025).

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
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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 does not specifically report any details regarding order book, order inflow, or pending orders. It focuses primarily on operational and financial performance across business segments such as mining, coke and energy, ferroalloys, and steel, along with strategic updates and financial highlights. There is no mention of order backlog, new orders received, or pending order quantities in the entire document.

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.

Full financials →

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Frequently Asked Questions

What were Sandur Manganese & Iron Ores Ltd Q3 FY26 results?

Q3FY26 Financials (Standalone): - Total Income: ₹507 crore (2% YoY growth) - EBITDA: ₹202 crore (3% YoY decline) - PAT: ₹108 crore (15% YoY decline)* - Q3FY26 Financials (Consolidated): - Total Income: ₹1,237 crore (27% YoY growth) - EBITDA: ₹279 crore (7% YoY growth) - PAT: ₹116 crore (16% YoY decline)* - Q3FY26 Operational Sales Volumes & YoY Changes: - Manganese Ore Sales: 0.88 lakh tonnes (+101% YoY) - Iron Ore Sales: 9.57 lakh tonnes (+15% YoY) - Ferroalloys Sales: 17,574 tonnes (+5,681% YoY) - Steel Sales (Arjas Steel): 0.99 lakh tonnes (+15% YoY) - Coke: 0 tonnes (significant YoY decrease due to contract manufacturing) - Outlook: - Production ramp-up in manganese ore expected to continue with potential increased captive consumption. Q3FY26 EBITDA: - Standalone: ₹202 crore (YoY +27%) - Consolidated: ₹279 crore (YoY +7%) - Operating Margin (EBITDA Margin): - Standalone: 40% (YoY contraction of 2.2%) - Conso

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?

Manganese ore production capacity increased from 0.28 MTPA to 0.599 MTPA (progressive enhancements up to FY25).

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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.