Sandur Mang & Iron Ores L

NSE: SANDUMA · Iron & Steel · sector

₹157.01NSE close 2026-10-26

Key numbers

Market cap₹7,632 cr

Price₹157.01

52w high / low₹273 / ₹157

P/E10.7xSector median 16.4x

P/B2.3xSector median 2.1x

Book value₹66.9

Dividend yield0.27%Sector median 0.39%

ROE24.4%Sector median 9.1%

ROCE25.5%Sector median 10.1%

OPM22.9%Sector median 12.4%

Debt / equity0.31xSector median 0.35x

EV/EBITDA6.8xSector median 8.1x

Interest cover5.9x

Current ratio1.15x

Sales growth 3y–Sector median +1.5%

Profit growth 3y–Sector median +15.7%

PEG0.23x

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 14 companies in Iron & Steel (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹262 cr vs borrowings ₹995 cr (FY26): borrowings are higher by ₹732 cr.
Operating profit covered interest 5.9x in the last 12 months.
Operating cash flow was below net profit in 1 of the last 3 years (FY24).
Revenue was higher than a year earlier in 4 of the last 4 quarters.
Other income was 10% of net profit in the last 12 months.
Debtor days went from 10 (FY24) to 31 (FY26).
Dividend paid in 3 of the last 3 financial years.
Price ₹157.01 on 2026-10-26: -42.5% from the 52-week high, 0.0% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹531.85 · low ₹157.01

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	260	952	1,321	1,135	1,232	1,209	1,511	1,375
EBITDA	38	240	316	299	273	218	387	343
OPM %	14.4%	25.2%	23.9%	26.4%	22.1%	18.1%	25.6%	25.0%
Other income	25	20	9	15	12	28	20	15
Net profit	32	137	156	167	139	116	236	227
EPS (₹)	0.66	2.83	3.21	3.43	2.85	2.38	4.85	4.67
Revenue YoY					+373.5%	+27.0%	+14.4%	+21.1%
Profit YoY					+331.0%	-15.7%	+50.9%	+36.3%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY24	FY25	FY26	TTM
Revenue	1,252	3,135	5,088	5,328
EBITDA	320	785	1,177	1,221
Net profit	239	470	657	717
EPS (₹)	4.93	9.67	13.51	14.75
Revenue growth		+150.4%	+62.3%	+45.2%
Profit growth		+96.3%	+39.7%	+45.7%
Dividend / share (₹)	5.00	1.00	1.25

Compounded growth	3 years	5 years	Last 12 months
Sales	–	–	+45.2%
Net profit	–	–	+45.7%
EPS	–	–	–
Share price	–	+6.4% (2y)	-26.2%

Balance sheet

₹ cr	FY24	FY25	FY26
Shareholders' equity	2,158	2,613	3,254
Borrowings	131	1,882	995
Cash & equivalents	504	177	262
Total assets	2,593	5,648	5,527
Fixed assets	841	2,673	2,878
Capital work in progress	116	373	142
Investments	1	60	106
Receivables	34	374	438
Inventory	388	952	872
Payables	135	747	852

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY24	FY25	FY26
Cash from operations	153	841	1,143
Cash from investing	-66	-1,554	20
Cash from financing	-107	704	-1,123
Capex	103	88	155
Free cash flow	50	753	988

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY24	FY25	FY26
ROE %	11.1%	18.0%	20.2%
ROCE %	15.1%	16.5%	24.5%
Debtor days	10	44	31
Inventory days	794	312	149
Payable days	275	245	146
Cash conversion cycle (days)	529	111	34
Working capital days	335	28	17

Shareholding

Holder	% (2026-09-30)
Promoters	74.22%
FIIs	1.97%
DIIs	0.58%
of which Mutual funds	0.07%
of which Insurance	0.51%
Public (non-institutions)	23.23%

Quarter	Mar 2025	Jun 2025	Sep 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	74.22%	74.22%	74.22%	74.22%	74.22%	74.22%	74.22%	74.22%

Promoter group	%
Skand Private Limited	52.41%
Lohagiri Industrials Private Limited	18.19%
Bahirji Ajai Ghorpade	3.15%
Ajai Murar RAO Ghorpade	0.26%
S Y Ghorpade	0.16%
Yashodara Devi Shiva RAO Ghorpade	0.04%
Suryaprabha A Ghorpade	0.01%
Aditya Shivrao Ghorpade	0.01%
Ekambar Ajai Ghorpade	0.00%
Dhananjai Shivrao Ghorpade	0.00%
Mohammed Abdul Saleem	0.00%

Public holders above 1%	%
Anand Shankar Mall	1.57%

88,877 shareholders. Pledged: – of promoter shares.

Peers in Iron & Steel

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
JSWSTEEL	₹3,07,440 cr	12.4x	3.1x	27.6%	21.2%	25.8%	+3.8%	0.22%
TATASTEEL	₹2,11,990 cr	19.2x	2.1x	11.4%	12.1%	14.6%	-1.6%	2.12%
JINDALSTEL	₹1,05,841 cr	38.9x	2.1x	5.5%	7.4%	15.0%	+0.3%	0.20%
SAIL	₹70,136 cr	16.4x	1.2x	7.2%	8.0%	11.3%	+2.0%	0.94%
JSL	₹56,775 cr	17.0x	2.7x	17.0%	17.8%	12.4%	+6.4%	0.43%
SARDAEN	₹15,738 cr	13.9x	2.1x	16.6%	17.6%	32.4%	+10.6%	0.34%
NSLNISP	₹11,300 cr	124.4x	0.9x	0.6%	3.3%	10.8%	–	–
SANDUMA	₹7,632 cr	10.7x	2.3x	24.4%	25.5%	22.9%	–	0.27%
JAIBALAJI	₹5,738 cr	39.8x	2.5x	6.6%	10.1%	6.0%	-1.9%	–
VISL	₹5,238 cr	–	–	–	–	–	–	–

All 14 companies in Iron & Steel →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
Steel	₹3,141 cr	59.0%	₹202 cr	6.4%
Mining	₹1,657 cr	31.1%	₹863 cr	52.1%
Ferroalloys	₹377 cr	7.1%	₹10 cr	2.7%
Coke and energy	₹142 cr	2.7%	₹10 cr	7.3%
Unallocable	₹3 cr	0.1%	₹0 cr	0.0%

Dividends & corporate actions

Ex-date	Action	Detail
2026-08-12	Dividend	Dividend - Rs 0.50 Per Share
2025-09-22	Bonus	Bonus 2:1
2025-09-10	Dividend	Dividend - Rs 1.25 Per Share
2024-09-11	Dividend	Dividend - Re 1 Per Share
2024-02-02	Bonus	Bonus 5:1
2023-09-13	Dividend	Dividend - Rs 5 Per Share
2023-09-13	Other	Annual General Meeting

Documents

Links go to the original files on the exchange website.

About the company

Mining: Manganese and iron ore
Ferroalloys: Silicomanganese


Sector	Commodities
Industry	Iron & Steel
Sub-industry	Iron & Steel
Symbol	SANDUMA
BSE code	504918
ISIN	INE149K01016
Face value	₹10.0
Incorporated	1954-01-18
Website	www.sandurgroup.com
Plants (India / abroad)	1 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.