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Sandur Manganese & Iron Ores Ltd

Q4 FY24Ferrous Metals

Sandur Manganese & Iron Ores Q4 FY24: Revenue ₹582 Cr, PAT ₹162 Cr

Q4 FY24 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 Q4 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

Q4FY24 Total Income (Revenue): ₹582 Crore; YoY growth: -7% - Q4FY24 EBITDA: ₹238 Crore; YoY growth: -5% - Q4FY24 PAT: ₹162 Crore; YoY growth: -7% - Segment Sales Volume YoY changes: - Manganese Ore: Sales decreased 25% YoY - Ferroalloys: Sales decreased 19% YoY - Coke: Sales flat YoY - Iron Ore: Sales decreased 67% YoY - Production volumes in Q4FY24 saw increases in manganese ore and iron ore volumes compared to previous quarters, leveraging enhanced MPAP limits. Q4FY24 Financials: - EBITDA: ₹238 Crore (down 11% YoY) - Operating Margin (EBITDA Margin): 41% (slight contraction of 61 bps YoY) - PAT: ₹162 Crore (down 12% YoY) - Growth (YoY): - Total Income down 7% - EBITDA down 5% - PAT down 7% - Margins: - Overall EBITDA margin at 41% for Q4FY24 - Margins saw a minor YoY contraction of 61 basis points - Margin Outlook: - No explicit margin outlook or guidance is stated in the presentation.

From Sandur Manganese & Iron Ores Ltd's Q4 FY24 earnings-call transcript · updated 25 Sept 2026.

Revenue & Sales Performance

  • Q4FY24 Total Income (Revenue): ₹582 Crore; YoY growth: -7%
  • Q4FY24 EBITDA: ₹238 Crore; YoY growth: -5%
  • Q4FY24 PAT: ₹162 Crore; YoY growth: -7%
  • Segment Sales Volume YoY changes:
  • Manganese Ore: Sales decreased 25% YoY
  • Ferroalloys: Sales decreased 19% YoY
  • Coke: Sales flat YoY
  • Iron Ore: Sales decreased 67% YoY
  • Production volumes in Q4FY24 saw increases in manganese ore and iron ore volumes compared to previous quarters, leveraging enhanced MPAP limits.
  • Iron ore realisations improved in Q4FY24; manganese ore realisations remained flat but surged post-quarter.

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 increased from 1.60 to 3.81 MTPA (Feb 2024), further proposed to 4.36 MTPA.
  • Manganese ore MPAP increased from 0.28 to 0.46 MTPA, proposed to increase to 0.58 MTPA.
  • All expansions comply with Supreme Court parameters.
  • Clearances from Karnataka State Pollution Control Board in progress.
  • Full utilization of enhanced limits in FY24; steady volume strategy from Q1 FY25.
  • Strategic Acquisition:
  • Arjas Steel Private Limited acquisition for ~₹3,000 crore EV announced April 2024.
  • 80% stake acquisition via cash consideration.
  • Completion expected within 7 months, subject to Competition Commission of India approval.
  • Arjas has capacity ~5 LTPA, expanding to 1 MTPA planned.
  • Renewable Energy:
  • Commissioned 42.9 MW captive hybrid renewable energy project (June 2023).
  • Ferroalloys:

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 does not provide any specific details on order book, order inflow, or pending orders. It focuses primarily on: - Mining expansion activities and enhanced production capacities. - Financial performance highlights including revenue, EBITDA, PAT, and margins. - Strategic business acquisition of Arjas Steel Private Limited. - Operational metrics of mining, ferroalloys, coke, and energy segments.

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.

Full financials →

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Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

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Frequently Asked Questions

What were Sandur Manganese & Iron Ores Ltd Q4 FY24 results?

Q4FY24 Total Income (Revenue): ₹582 Crore; YoY growth: -7% - Q4FY24 EBITDA: ₹238 Crore; YoY growth: -5% - Q4FY24 PAT: ₹162 Crore; YoY growth: -7% - Segment Sales Volume YoY changes: - Manganese Ore: Sales decreased 25% YoY - Ferroalloys: Sales decreased 19% YoY - Coke: Sales flat YoY - Iron Ore: Sales decreased 67% YoY - Production volumes in Q4FY24 saw increases in manganese ore and iron ore volumes compared to previous quarters, leveraging enhanced MPAP limits. Q4FY24 Financials: - EBITDA: ₹238 Crore (down 11% YoY) - Operating Margin (EBITDA Margin): 41% (slight contraction of 61 bps YoY) - PAT: ₹162 Crore (down 12% YoY) - Growth (YoY): - Total Income down 7% - EBITDA down 5% - PAT down 7% - Margins: - Overall EBITDA margin at 41% for Q4FY24 - Margins saw a minor YoY contraction of 61 basis points - Margin Outlook: - No explicit margin outlook or guidance 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: - Iron ore MPAP increased from 1.60 to 3.81 MTPA (Feb 2024), further proposed to 4.36 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.