Sandur Manganese & Iron Ores Ltd (SANDUMA) AI Stock Analysis

• Market Cap: ₹106.82B
• Dividend Yield: 0.21%
• Average Volume (3M): 739.42K
• Price to Earnings (P/E): 21.7
• Beta (1Y): 1.82
• Revenue Growth: 196.22%
• EPS Growth: 71.39%
• Country: IN
• Employees: 2,528
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): 2.85
• Shares Outstanding: 486,104,830
• 10 Day Avg. Volume: 1,499,239
• 30 Day Avg. Volume: 739,418
• PEG Ratio: 0.05
• Price to Book (P/B): 0.90
• Price to Sales (P/S): 0.75
• P/FCF Ratio: 3.12
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: ₹219.00 ▲(8.15% Upside)

Sandur Manganese & Iron Ores Ltd has a strong financial performance, which is the most significant factor in its overall score. Technical analysis indicates mixed momentum, and the valuation suggests the stock is fairly priced. The absence of earnings call data and corporate events means these factors do not influence the score.

Sandur Manganese & Iron Ores Ltd Business Overview & Revenue Model

Company Description

The Sandur Manganese & Iron Ores Limited, together with its subsidiary, engages in the mining of manganese and iron ores in Deogiri village of Bellary District, Karnataka. It operates through Mining, Ferroalloys, and Coke and Energy segments. The company also manufactures and sells ferroalloys and coke. In addition, it generates power through a 32-megawatt thermal power plant. The Sandur Manganese & Iron Ores Limited was incorporated in 1954 and is based in Bengaluru, India. The Sandur Manganese & Iron Ores Limited is a subsidiary of Skand Private Limited.

How the Company Makes Money

Sandur Manganese & Iron Ores Ltd generates revenue primarily through the sale of manganese and iron ore products. The company benefits from a robust revenue model that includes direct sales to steel manufacturers, both domestically and internationally, capitalizing on favorable market conditions and demand for these minerals. Key revenue streams include bulk sales contracts with major steel producers, which provide stable income, along with spot sales that can yield higher margins during peak demand periods. Additionally, SANDUMA may engage in partnerships with other mining companies and stakeholders to expand its operational capacity and reach, further enhancing its earnings potential. Factors contributing to its financial success include efficient mining operations, cost management strategies, and the ability to adapt to market fluctuations in raw material prices.

Sandur Manganese & Iron Ores Ltd Financial Statement Overview

Summary

Sandur Manganese & Iron Ores Ltd presents a strong financial profile with impressive growth in revenue and profitability. The company maintains a healthy net profit margin and effective cost management. However, fluctuations in EBIT and EBITDA margins and moderate reliance on debt financing are areas to monitor.

Income Statement

Sandur Manganese & Iron Ores Ltd has shown impressive growth in revenue and profitability. The gross profit margin is strong, and the company has maintained a healthy net profit margin, indicating effective cost management. Revenue growth has been substantial, reflecting a strong market position and demand for its products. However, fluctuations in EBIT and EBITDA margins suggest some variability in operational efficiency.

Balance Sheet

The company's balance sheet is solid with a reasonable debt-to-equity ratio, indicating a balanced approach to leverage. The return on equity is commendable, showcasing effective utilization of shareholders' funds. However, the equity ratio suggests a moderate reliance on debt financing, which could pose risks if market conditions change unfavorably.

Cash Flow

Sandur Manganese & Iron Ores Ltd demonstrates strong cash flow generation, with positive free cash flow and a robust operating cash flow to net income ratio. The company has managed to improve its free cash flow significantly, highlighting effective capital management and operational efficiency. Despite this, the investing cash flow indicates substantial capital expenditures, which could impact future liquidity.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	36.69B	31.35B	12.38B	21.26B	22.49B	7.47B
Gross Profit	22.82B	20.23B	4.36B	7.94B	14.44B	4.25B
EBITDA	9.62B	8.62B	4.03B	4.52B	10.09B	2.89B
Net Income	4.92B	4.70B	2.39B	2.71B	6.75B	1.54B
Balance Sheet
Total Assets	0.00	56.48B	25.93B	25.32B	27.02B	17.24B
Cash, Cash Equivalents and Short-Term Investments	1.77B	4.21B	4.67B	4.81B	5.55B	3.57B
Total Debt	0.00	18.90B	1.33B	2.06B	3.10B	3.69B
Total Liabilities	-26.27B	30.21B	4.35B	5.98B	10.42B	7.31B
Stockholders Equity	26.27B	26.13B	21.58B	19.34B	16.59B	9.93B
Cash Flow
Free Cash Flow	0.00	7.53B	503.10M	-450.10M	7.95B	2.80B
Operating Cash Flow	0.00	8.41B	1.53B	1.42B	8.73B	3.40B
Investing Cash Flow	0.00	-15.61B	-664.10M	-112.20M	-7.93B	-2.49B
Financing Cash Flow	0.00	7.04B	-1.07B	-1.29B	-1.06B	-582.55M

Sandur Manganese & Iron Ores Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 202.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SANDUMA, the sentiment is Neutral. The current price of 202.5 is below the 20-day moving average (MA) of 213.95, above the 50-day MA of 195.81, and above the 200-day MA of 163.22, indicating a neutral trend. The MACD of 2.68 indicates Positive momentum. The RSI at 46.05 is Neutral, neither overbought nor oversold. The STOCH value of 20.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:SANDUMA.

Sandur Manganese & Iron Ores Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SANDUMA	69 Neutral	₹106.82B	21.70	―	0.21%	196.22%	71.39%
MAHSEAMLES	68 Neutral	₹76.83B	8.75	―	1.77%	0.81%	-7.11%
INDIAGLYCO	65 Neutral	₹62.85B	25.78	―	0.43%	5.61%	33.63%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MIDHANI	60 Neutral	₹71.23B	60.10	―	0.21%	-5.01%	21.97%
JAIBALAJI	55 Neutral	₹84.72B	20.17	―	―	-13.11%	-69.18%

Sandur Manganese & Iron Ores Ltd Corporate Events

Sandur Manganese Secures Approval for Forest Land Diversion

Sandur Manganese & Iron Ores Ltd has received final approval from the Ministry of Environment, Forest and Climate Change for the diversion of forest land to establish a Downhill Conveyor Pipe System. This approval marks a significant step for the company in enhancing its operational efficiency by facilitating the transportation of iron ore from the Kammathuru Iron Ore Mine to the PMBR siding, potentially strengthening its market position and operational capabilities.

Sandur Manganese Clarifies Market-Driven Share Volume Surge

Sandur Manganese & Iron Ores Ltd has experienced a significant increase in the volume of its shares traded on stock exchanges. The company clarified that this surge is market-driven and not due to any undisclosed material information or announcements. They have complied with all necessary disclosure regulations and have no additional information that might impact the share price or volume.

Sandur Manganese & Iron Ores Ltd Conducts 71st AGM Virtually

Sandur Manganese & Iron Ores Limited held its 71st Annual General Meeting on September 17, 2025, via video conferencing. The meeting was chaired by T. R. Raghunandan and attended by key directors from various locations. The AGM proceedings included discussions on company operations and compliance with regulatory requirements, with e-voting facilitated for shareholders. The meeting’s virtual format aligns with current corporate governance practices, ensuring stakeholder engagement and transparency.

Sandur Manganese & Iron Ores Ltd Announces 71st AGM Details

Sandur Manganese & Iron Ores Limited announced the completion of dispatching the notice for its 71st Annual General Meeting, which will be held through video conferencing on September 17, 2025. The announcement highlights the availability of e-voting facilities for shareholders, indicating the company’s commitment to ensuring shareholder participation and transparency in its operations.

Sandur Manganese & Iron Ores Ltd Releases Q1FY26 Investor Presentation

Sandur Manganese & Iron Ores Ltd has released its investor presentation for the quarter ended June 30, 2025, in compliance with regulatory requirements. This presentation is aimed at providing stakeholders with insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and stakeholder interests.