Sandur Manganese & Iron Ores Ltd (IN:SANDUMA)
:SANDUMA
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Sandur Manganese & Iron Ores Ltd
(SANDUMA)
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Rating:67Neutral
Price Target:
₹262.00
▼(-1.02% Downside)
Action:Downgraded
Date:05/10/26
The score is driven primarily by solid financial performance (healthy profitability and improved leverage), partially offset by uneven cash conversion and cyclicality. Technically, momentum is positive but near-term conditions look extended (high RSI). Valuation is a headwind due to a relatively high P/E and minimal dividend yield.
Positive Factors
Improved Leverage
A materially lower debt-to-equity (~0.31) indicates reduced financial risk and greater balance-sheet flexibility. Over months this supports capacity to absorb commodity cycles, fund maintenance capex, and pursue opportunistic investments without forcing distressed asset sales or urgent refinancing.
Negative Factors
Weak Operating Cash Conversion
Operating cash conversion below net income points to working-capital strain and volatile collections or inventory cycles. Over a multi-month horizon this can constrain liquidity, force reactive financing, and limit ability to consistently fund operations or smooth capital expenditures.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved Leverage
A materially lower debt-to-equity (~0.31) indicates reduced financial risk and greater balance-sheet flexibility. Over months this supports capacity to absorb commodity cycles, fund maintenance capex, and pursue opportunistic investments without forcing distressed asset sales or urgent refinancing.
Read all positive factors
Sandur Manganese & Iron Ores Ltd (SANDUMA) vs. iShares MSCI India ETF (INDA)
Market Cap
₹109.01B
Dividend Yield0.18%
Average Volume (3M)739.42K
Price to Earnings (P/E)12.7
Beta (1Y)1.71
Revenue Growth62.31%
EPS Growth39.66%
CountryIN
Employees2,528
SectorBasic Materials
Sector Strength58
IndustrySteel
Share Statistics
EPS (TTM)12.33
Shares Outstanding486,104,830
10 Day Avg. Volume1,499,239
30 Day Avg. Volume739,418
Financial Highlights & Ratios
PEG Ratio0.32
Price to Book (P/B)2.57
Price to Sales (P/S)1.64
P/FCF Ratio10.27
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 ...
How the Company Makes Money
Sandur Manganese & Iron Ores Ltd primarily makes money by extracting iron ore and manganese ore and selling these commodities to customers (typically steel producers, ferroalloy producers, and other industrial users). Revenue is generated from (1)...
Sandur Manganese & Iron Ores Ltd Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
79
Positive
Cash Flow
72
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 46.41B | 50.88B | 31.35B | 12.38B | 21.26B | 22.49B |
| Gross Profit | 27.45B | 24.31B | 20.23B | 4.36B | 7.94B | 14.44B |
| EBITDA | 11.84B | 12.09B | 8.62B | 4.03B | 4.52B | 10.09B |
| Net Income | 5.99B | 6.57B | 4.70B | 2.39B | 2.71B | 6.75B |
Balance Sheet | ||||||
| Total Assets | 58.02B | 55.27B | 56.48B | 25.93B | 25.32B | 27.02B |
| Cash, Cash Equivalents and Short-Term Investments | 5.07B | 2.62B | 4.21B | 4.67B | 4.81B | 5.55B |
| Total Debt | 18.54B | 9.99B | 18.90B | 1.33B | 2.06B | 3.10B |
| Total Liabilities | 28.85B | 22.57B | 30.21B | 4.35B | 5.98B | 10.42B |
| Stockholders Equity | 29.02B | 32.54B | 26.13B | 21.58B | 19.34B | 16.59B |
Cash Flow | ||||||
| Free Cash Flow | 2.24B | 8.14B | 7.53B | 503.10M | -450.10M | 7.95B |
| Operating Cash Flow | 3.40B | 9.69B | 8.41B | 1.53B | 1.42B | 8.73B |
| Investing Cash Flow | -1.48B | -114.50M | -15.61B | -664.10M | -112.20M | -7.93B |
| Financing Cash Flow | -1.67B | -9.18B | 7.04B | -1.07B | -1.29B | -1.06B |
Sandur Manganese & Iron Ores Ltd Technical Analysis
Positive
264.70
Price Trends
204.31
Positive
213.23
Positive
198.97
Positive
Market Momentum
5.95
Positive
56.58
Neutral
30.95
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SANDUMA, the sentiment is Positive. The current price of 264.7 is above the 20-day moving average (MA) of 220.58, above the 50-day MA of 204.31, and above the 200-day MA of 198.97, indicating a bullish trend. The MACD of 5.95 indicates Positive momentum. The RSI at 56.58 is Neutral, neither overbought nor oversold. The STOCH value of 30.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SANDUMA.
Sandur Manganese & Iron Ores Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ₹777.37B | 10.41 | ― | 4.05% | 18.56% | 6.55% | |
67 Neutral | ₹109.01B | 12.72 | ― | 0.18% | 62.31% | 39.66% | |
65 Neutral | ₹899.16B | 18.32 | ― | 0.07% | 157.33% | 151.60% | |
64 Neutral | ₹257.23B | 20.24 | ― | 0.77% | 22.46% | 16.97% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | ₹195.48B | 24.09 | ― | 0.28% | 32.20% | 53.99% | |
49 Neutral | ₹228.39B | 336.52 | ― | ― | -10.70% | 65.02% |
* Basic Materials Sector Average
IN:SANDUMA
Sandur Manganese & Iron Ores Ltd
226.85
54.15
31.35%
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.