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On 6 Nov 2026, Sarda Energy and Minerals was priced at ₹436.10, or 13.8× trailing earnings, against an industry P/E of 19.9×, and the shares are 30% below their 52-week high. It earns ROCE of 16% and ROE of 15%, and sales and net profit grew 10% and 22% a year over 3 years. Its dividend yield is 0.5%, and debt is 0.30× equity. It is a small-cap company with a market cap of ₹15,367 Cr, ranked 14th of 150 Steel companies by market cap; the shares fell 16% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹445.65
Day high
₹446.10
Day low
₹431.25
Prev. close
₹449.00
Volume
3.3 L

Health check

2 good · 2 fair · 2 to check
  • ReturnsBehind

    −16.2% over a year, better than 0 of 7 peers.

  • Price tagCheaper

    P/E 13.8 vs industry 19.9.

  • GrowthSteady

    Sales +10.4%, profit +22.5% a year over 3 years.

  • ProfitabilityAverage

    ROCE 16.1% vs peer median 18.7%.

  • Balance sheetSolid

    Debt 0.30× equity, interest covered 7.5×, Piotroski 9 of 9.

  • Red flags2 to check

    Quarterly sales down 6.2% on a year ago.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Steel

149 listed peers. Screen the industry

Small cap

₹15,367 Cr, #14 of 150 in its industry by size.

Defensive

Beta 0.56 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹5,641 Cr · profit ₹1,112 Cr
Market cap
₹15,367 Cr
Small cap
P/E
13.8
Industry 19.9
Price to book
1.90
Peers 2.28
Dividend yield
0.46%
ROE
14.9%
Peers 23.4%
ROCE
16.1%
Peers 18.7%
Debt to equity
0.30
Debt ₹2,456 Cr
EPS (TTM)
₹31.56
Face value ₹1
OPM (TTM)
33.2%
Net margin 19.7%
Sales growth
−6.2%
Latest quarter vs a year ago
Profit growth
−5.3%
Latest quarter vs a year ago
Price to sales
2.72
EV/EBITDA 8.2

Strengths and risks

Strengths

  • P/E of 13.8 against an industry P/E of 19.9.
  • Positive operating cash flow in each of the last 4 years.

Risks to check

  • Quarterly sales down 6.2% on a year ago.
  • 30% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Sarda Energy and Minerals

Sarda Energy & Minerals Limited produces and sells steel products in India and internationally. The company product portfolio includes pellets, sponge iron, steel billets and wire rods, ferro alloys, eco-bricks, and HB wires. It is also involved in coal and iron ore mining, as well as operation of hydro, thermal, and solar power plants. Sarda Energy & Minerals Limited was incorporated in 1973 and is headquartered in Raipur, India.

Headquarters
Raipur
Employees
1,942
Sector
Basic Materials
ISIN
INE385C01021
Website
seml.co.in

Price range

52 weeks

₹424.05₹624.00

Today

₹431.25₹446.10
Avg volume (3M)
7.7 L
1-year return
minus 16.2%
From 52-week high
minus 30.1%

Peers · Steel

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
JSWSTEELJSW Steel1,357.10plus 0.11%3,31,26511.712.218.7%17.7%0.623.6%plus 14.7%
TATASTEELTata Steel186.30plus 2.36%2,32,39721.19.111.3%15.2%0.89−1.6%plus 1.5%
JINDALSTELJindal Steel1,165.00plus 1.31%1,18,59441.514.97.5%15.9%0.42−13.1%plus 6.4%
LLOYDSMELloyds Metals And Energy1,785.50minus 1.38%1,00,48219.118.819.4%37.4%1.2371.3%plus 37.4%
SAILSteel Authority of India171.60minus 0.41%70,88012.68.17.2%12.9%0.502.0%plus 24.7%
NMDCNMDC70.40minus 0.01%61,8948.36.228.4%30.0%0.1922.0%minus 5.2%
APLAPOLLOAPL Apollo Tubes2,185.30minus 0.41%60,67746.332.728.0%8.2%0.1712.6%plus 23.3%
SARDAENSarda Energy and Minerals436.10minus 2.87%15,36713.88.716.1%32.6%0.3010.4%minus 16.2%
Median of 7 peers–−0.01%1,00,48219.112.218.7%15.9%0.503.6%14.7%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrSep 25Dec 25Mar 26Jun 26Sep 26
1,5171,2611,2401,5891,423
1,005946893936911
512316348653513
33.7%25.0%28.0%41.1%36.0%
68.379.84.810851.7
64.164.353.558.457.1
85.286.288.388.892.2
–10.2–––
431255210615415
26.8%27.9%32.9%24.7%26.8%
323190158458306
9.175.404.4813.008.68

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+10.4%
Profit CAGR 3Y
+22.5%
EPS CAGR 3Y
+22.7%
ROE
14.9%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
4,1893,8234,6055,644
–minus 8.7%+20.5%+22.6%
3,1383,0363,3783,857
1,0527871,2271,786
25.1%20.6%26.6%31.7%
69101142122
110115205223
178183272340
−25.378.725.3104
8076679181,449
25.0%23.8%25.8%26.6%
6025237001,106
–minus 13.1%+33.8%+58.0%
16.9914.8419.8631.38

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
35.235.235.235.2
3,3753,8536,2517,335
1,4331,3662,8612,632
6387479771,369
5,4816,00210,12511,371
2,9873,0826,5596,540
192331814546
39.853.962.546.8
7241,3251,2562,379
1,5391,2101,4331,860
5,4816,00210,12511,371

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
7017428861,735
−431−423−2,132−1,166
−479−2231,200−519
−20896.2−46.249.8
−217−266−490−338
4854773951,397
−27−52.9−35.2−52.9

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 2.8% (Yahoo estimate).

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you