- Total income
- ₹4,842 Cr
- Profit
- ₹700 Cr

About Sarda Energy & Minerals Limited
Data last updated:
Sarda Energy & Minerals Limited is a public limited company based in Nagpur, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 23 June 1973 and has been in existence for over 53 years.
Sarda Energy and Minerals is ranked #481 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Kamal Kishore Sarda is #463 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN L27100MH1973PLC016617. Its GSTIN is 27AAACR6149L2ZZ (Maharashtra). The company holds 7 GST registrations, of which 5 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 504614 and NSE: SARDAEN.
The company has an authorised share capital of ₹2,555.01 Cr and a paid-up capital of ₹35.24 Cr. It was formerly known as Raipur Alloys and Steel Limited and Raipur Wires & Steel Limited. It is led by directors including Pankaj Sarda (Managing Director) and Padam Kumar Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 24 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 73 A Central Avenue, Nagpur, Maharashtra, India – 440018.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹5,690.45 Cr, a growth of 22.6% compared to the previous year. For the same year it recorded a net profit of ₹1,029.19 Cr (net margin 18.1%) and EBITDA of ₹1,787.43 Cr (EBITDA margin 31.4%). The net worth stands at ₹7,370 Cr (up 17.2% YoY). Total assets are valued at ₹10,462 Cr (up 9.4% YoY).
The company has about 2,051 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries and 2 joint ventures.
The company is associated with 1 brand: Sarda Energy and Minerals. As per MCA filings, the company has open charges of ₹4,325.12 Cr and satisfied charges of ₹3,128.01 Cr on record. Court records list 280 cases involving the company, including 160 filed by the company and 120 filed against it; 70 cases are pending. The company has 33 deals on record (32 market trades, 1 funding round), with disclosed funding of ₹85.86 Cr; the latest was in April 2025. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website seml.co.in.
Company details
Name history
Sarda Energy & Minerals has undergone 2 name changes throughout its history. The company was previously known as Raipur Alloys And Steel Limited, and Raipur Wires & Steel Limited. The current legal name is Sarda Energy & Minerals Limited.
| Company Name | Status |
|---|---|
| Sarda Energy & Minerals Limited | Current |
| Raipur Alloys And Steel Limited | Previous |
| Raipur Wires & Steel Limited | Previous |
CIN history
Sarda Energy & Minerals has one previous CIN (Corporate Identification Number): L27100MH1973PTC016617. The current CIN is L27100MH1973PLC016617, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27100MH1973PLC016617 | Current |
| L27100MH1973PTC016617 | Previous |
Recognitions & Rankings of Sarda Energy & Minerals
- Valuation
- ₹17,030 Cr
- #463 Kamal Kishore Sarda ₹7,600 Cr
Contact details
Sarda Energy & Minerals Limited's registered office is in Nagpur, Maharashtra. Its website is seml.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address73 A Central Avenue, Nagpur, Maharashtra, India – 440018
- IndustryMetals and Minerals, Steel Manufacturing & Processing, Mining & Mineral Extraction
To see the full contact details of Sarda Energy & Minerals Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Sarda Energy & Minerals operates one associated brand: Sarda Energy and Minerals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mining, solar and thermal power generation company | seml.co.in |
Business activity
The main business activity of Sarda Energy & Minerals is manufacturing. In detail, this covers manufacture of basic metals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 24 | Manufacture of basic metals |
To see the full business activity and turnover split of Sarda Energy & Minerals Limited, buy the company report.
Financials of Sarda Energy & Minerals Limited
FY 2025-26 filings availableSarda Energy & Minerals Limited reported revenue of ₹5,690.45 Cr (up 22.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5,690 | 4,643 | 3,868 | 4,212 | 3,914 | 2,199 | 2,000 |
| Revenue growth | +22.6% | +20.0% | -8.2% | +7.6% | +78.0% | +9.9% | - |
| EBITDA | 1,787 | 1,237 | 795 | 1,060 | 1,348 | 505 | 356 |
| EBITDA margin | +31.4% | +26.6% | +20.6% | +25.2% | +34.4% | +23.0% | +17.8% |
| Profit before tax | 1,449 | 918 | 667 | 807 | 1,108 | 495 | 179 |
| Net profit | 1,029 | 672 | 515 | 599 | 806 | 374 | 129 |
| Net profit margin | +18.1% | +14.5% | +13.3% | +14.2% | +20.6% | +17.0% | +6.4% |
| EPS (₹) | 31.38 | 19.86 | 14.84 | 170.86 | 223.07 | 103.99 | 35.05 |
| Balance sheet | |||||||
| Total assets | 10,462 | 9,560 | 5,425 | 4,973 | 4,732 | 4,049 | 3,701 |
| Net worth | 7,370 | 6,286 | 3,889 | 3,410 | 3,004 | 2,218 | 1,870 |
| Total debt | 2,632 | 2,861 | 1,366 | 1,407 | 1,581 | 1,714 | 1,694 |
| Cash & bank | 864 | 608 | 768 | 372 | 282 | 96.57 | 165 |
| Net working capital | 2,384 | 1,955 | 1,594 | 1,486 | 1,237 | 901 | 825 |
| Cash flow | |||||||
| Cash from operations | 1,735 | 886 | 742 | 701 | 917 | 188 | 336 |
| Cash from investing | (1,166) | (2,132) | (423) | (431) | (466) | (186) | (415) |
| Cash from financing | (519) | 1,200 | (223) | (479) | (331) | (69.68) | 199 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,453 | 1,608 | 1,254 | 1,276 | 1,528 | 1,633 | 1,239 | 1,319 |
| Revenue growth (YoY) | -4.9% | -1.5% | +1.2% | -3.3% | +31.9% | +76.3% | - | - |
| Other income | 51.73 | 108 | 4.75 | 94.70 | 68.31 | 79.57 | 46.80 | (0.40) |
| EBITDA | 513 | 653 | 348 | 311 | 512 | 617 | 270 | 369 |
| EBITDA margin | +36.0% | +41.1% | +28.0% | +24.6% | +33.7% | +38.0% | +22.0% | +28.2% |
| Depreciation | 92.24 | 88.77 | 88.29 | 86.24 | 85.20 | 81.08 | 86.62 | 78.23 |
| Interest | 57.09 | 58.44 | 53.53 | 64.34 | 64.10 | 62.49 | 70.03 | 64.20 |
| Profit before tax | 415 | 615 | 210 | 255 | 431 | 553 | 160 | 226 |
| Tax | 111 | 152 | 69.33 | 71.11 | 116 | 130 | 65.86 | 37.90 |
| Net profit | 304 | 463 | 141 | 184 | 315 | 423 | 94.53 | 188 |
| EPS (₹) | 8.68 | 13.00 | 4.48 | 5.40 | 9.17 | 12.33 | 3.07 | 5.60 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 4,334 | 3,484 | 2,733 | 3,020 | 2,642 | 1,595 | 1,424 |
| Revenue growth | +24.4% | +27.5% | -9.5% | +14.3% | +65.6% | +12.0% | - |
| EBITDA | 1,370 | 956 | 514 | 841 | 878 | 357 | 240 |
| EBITDA margin | +31.6% | +27.4% | +18.8% | +27.9% | +33.2% | +22.4% | +16.9% |
| Profit before tax | 1,263 | 829 | 617 | 847 | 877 | 382 | 214 |
| Net profit | 914 | 595 | 455 | 637 | 659 | 307 | 182 |
| Net profit margin | +21.1% | +17.1% | +16.7% | +21.1% | +24.9% | +19.3% | +12.8% |
| EPS (₹) | 26.92 | 17.25 | 13.22 | 181.16 | 183.02 | 82.26 | 50.57 |
| Balance sheet | |||||||
| Total assets | 8,429 | 7,623 | 3,685 | 3,276 | 2,847 | 2,286 | 2,127 |
| Net worth | 6,713 | 5,819 | 3,516 | 3,103 | 2,643 | 2,011 | 1,731 |
| Total debt | 1,416 | 1,537 | 134 | 139 | 171 | 270 | 391 |
| Cash & bank | 665 | 489 | 623 | 241 | 23.43 | 3.41 | 3.95 |
| Net working capital | 2,165 | 1,969 | 1,614 | 1,333 | 825 | 696 | 723 |
| Cash flow | |||||||
| Cash from operations | 1,319 | 550 | 877 | 380 | 585 | 199 | 152 |
| Cash from investing | (992) | (1,834) | (723) | (165) | (418) | (25.95) | (191) |
| Cash from financing | (298) | 1,232 | (80.77) | (227) | (156) | (173) | 41.18 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,057 | 1,163 | 1,017 | 918 | 1,092 | 1,307 | 1,013 | 1,047 |
| Revenue growth (YoY) | -3.2% | -11.1% | +0.4% | -12.3% | +43.2% | +97.5% | - | - |
| Other income | 35.17 | 70.01 | (3.33) | 99.85 | 68.49 | 70.38 | 15.29 | 6.56 |
| Total expenses | 774 | 721 | 713 | 709 | 760 | 781 | 751 | 740 |
| EBITDA | 283 | 442 | 304 | 208 | 332 | 526 | 262 | 306 |
| EBITDA margin | +26.8% | +38.0% | +30.0% | +22.7% | +30.5% | +40.3% | +26.0% | +29.3% |
| Depreciation | 58.19 | 55.27 | 55.41 | 52.43 | 51.82 | 50.71 | 56.49 | 47.65 |
| Interest | 31.20 | 32.54 | 28.90 | 34.36 | 34.10 | 35.02 | 40.36 | 34.09 |
| Profit before tax | 229 | 424 | 216 | 221 | 315 | 511 | 181 | 231 |
| Tax | 53.69 | 106 | 56.49 | 58.12 | 75.27 | 124 | 65.52 | 42.04 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,453 | 1,608 | 1,254 | 1,276 | 1,528 | 1,633 | 1,239 | 1,319 |
| Revenue growth (YoY) | -4.9% | -1.5% | +1.2% | -3.3% | +31.9% | +76.3% | - | - |
| Other income | 51.73 | 108 | 4.75 | 94.70 | 68.31 | 79.57 | 46.80 | (0.40) |
| EBITDA | 513 | 653 | 348 | 311 | 512 | 617 | 270 | 369 |
| EBITDA margin | +36.0% | +41.1% | +28.0% | +24.6% | +33.7% | +38.0% | +22.0% | +28.2% |
| Depreciation | 92.24 | 88.77 | 88.29 | 86.24 | 85.20 | 81.08 | 86.62 | 78.23 |
| Interest | 57.09 | 58.44 | 53.53 | 64.34 | 64.10 | 62.49 | 70.03 | 64.20 |
| Profit before tax | 415 | 615 | 210 | 255 | 431 | 553 | 160 | 226 |
| Tax | 111 | 152 | 69.33 | 71.11 | 116 | 130 | 65.86 | 37.90 |
| Net profit | 304 | 463 | 141 | 184 | 315 | 423 | 94.53 | 188 |
| EPS (₹) | 8.68 | 13.00 | 4.48 | 5.40 | 9.17 | 12.33 | 3.07 | 5.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 5,690 | 4,643 | 3,868 | 4,212 | 3,914 | 2,199 | 2,000 |
| Revenue growth | +22.6% | +20.0% | -8.2% | +7.6% | +78.0% | +9.9% | - |
| Other income | 247 | 172 | 184 | 49.39 | 50.32 | 144 | (16.93) |
| Total expenses | 3,903 | 3,406 | 3,073 | 3,152 | 2,566 | 1,694 | 1,644 |
| Employee cost | 222 | 176 | 142 | 127 | 113 | 88.67 | 87.79 |
| EBITDA | 1,787 | 1,237 | 795 | 1,060 | 1,348 | 505 | 356 |
| EBITDA margin | +31.4% | +26.6% | +20.6% | +25.2% | +34.4% | +23.0% | +17.8% |
| Depreciation | 341 | 271 | 183 | 178 | 143 | 75.05 | 77.92 |
| Interest | 244 | 220 | 128 | 124 | 147 | 79.10 | 82.48 |
| Profit before tax | 1,449 | 918 | 667 | 807 | 1,108 | 495 | 179 |
| Tax | 386 | 237 | 159 | 202 | 300 | 115 | 43.35 |
| Net profit | 1,029 | 672 | 515 | 599 | 806 | 374 | 129 |
| Net profit margin | +18.1% | +14.5% | +13.3% | +14.2% | +20.6% | +17.0% | +6.4% |
| EPS (₹) | 31.38 | 19.86 | 14.84 | 170.86 | 223.07 | 103.99 | 35.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 35.24 | 35.24 | 35.24 | 35.24 | 36.05 | 36.05 | 36.05 |
| Reserves & surplus | 7,335 | 6,251 | 3,853 | 3,375 | 2,968 | 2,182 | 1,834 |
| Shareholders' funds (net worth) | 7,370 | 6,286 | 3,889 | 3,410 | 3,004 | 2,218 | 1,870 |
| Minority interest | 106 | 106 | 106 | 100 | 104 | 101 | 100 |
| Secured loans | 2,570 | 2,797 | 1,366 | 1,227 | 1,292 | 1,714 | 1,694 |
| Unsecured loans | 62.28 | 64.07 | 0.00 | 180 | 289 | 0.00 | 0.09 |
| Total debt | 2,632 | 2,861 | 1,366 | 1,407 | 1,581 | 1,714 | 1,694 |
| Total liabilities | 10,462 | 9,560 | 5,425 | 4,973 | 4,732 | 4,049 | 3,701 |
| Assets | |||||||
| Gross block | 7,631 | 7,040 | 3,780 | 3,652 | 3,422 | 1,720 | 1,686 |
| Net block | 6,100 | 5,845 | 2,853 | 2,907 | 2,853 | 1,287 | 1,323 |
| Capital work in progress | 472 | 728 | 251 | 132 | 133 | 1,616 | 1,374 |
| Investments | 1,645 | 792 | 659 | 422 | 500 | 266 | 191 |
| Inventories | 794 | 809 | 528 | 726 | 613 | 579 | 501 |
| Sundry debtors | 276 | 221 | 101 | 182 | 169 | 138 | 124 |
| Cash & bank balances | 864 | 608 | 768 | 372 | 282 | 96.57 | 165 |
| Loans & advances | 967 | 860 | 669 | 612 | 616 | 471 | 376 |
| Total current assets | 2,902 | 2,498 | 2,067 | 1,892 | 1,679 | 1,284 | 1,165 |
| Total current liabilities | 518 | 543 | 472 | 407 | 442 | 384 | 340 |
| Net working capital | 2,384 | 1,955 | 1,594 | 1,486 | 1,237 | 901 | 825 |
| Total assets | 10,462 | 9,560 | 5,425 | 4,973 | 4,732 | 4,049 | 3,701 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 57.82 | 104 | 7.86 | 216 | 95.85 | 164 | 43.49 |
| Net cash from operating activities | 1,735 | 886 | 742 | 701 | 917 | 188 | 336 |
| Net cash from investing activities | (1,166) | (2,132) | (423) | (431) | (466) | (186) | (415) |
| Net cash from financing activities | (519) | 1,200 | (223) | (479) | (331) | (69.68) | 199 |
| Net change in cash | 49.76 | (46.23) | 96.19 | (208) | 120 | (68.07) | 120 |
| Closing cash | 864 | 608 | 768 | 372 | 282 | 96.57 | 165 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +22.6% | +20.0% | -8.2% | +7.6% | +78.0% | +9.9% | - |
| EBITDA growth | +44.5% | +55.6% | -25.0% | -21.4% | +166.9% | +41.8% | - |
| PBT growth | +57.9% | +37.5% | -17.3% | -27.2% | +123.7% | +176.9% | -44.7% |
| Net income growth | +53.1% | +30.6% | -14.1% | -25.6% | +115.3% | +190.8% | - |
| Revenue CAGR (3Y) | +10.6% | +5.9% | +20.7% | +28.2% | +19.0% | +0.4% | +11.7% |
| EBITDA CAGR (3Y) | +19.0% | -2.8% | +16.3% | +43.8% | +40.9% | +8.7% | +18.0% |
| Profitability & leverage | |||||||
| Net income margin | +18.7% | +14.7% | +13.2% | +14.4% | +20.7% | +17.3% | +6.8% |
| Return on capital employed | +17.1% | +15.4% | +15.6% | +19.6% | +29.3% | +15.2% | +7.7% |
| Return on net worth | +15.6% | +13.4% | +13.9% | +18.9% | +31.0% | +18.6% | +7.5% |
| Debt / equity | 0.40 | 0.42 | 0.38 | 0.47 | 0.63 | 0.83 | 0.86 |
| Long-term debt / equity | 0.33 | 0.34 | 0.29 | 0.35 | 0.51 | 0.71 | 0.68 |
| Interest cover | 16.90 | 22.81 | 21.00 | 14.11 | 12.21 | 18.40 | 29.64 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.78 | 0.86 | 1.04 | 1.19 | 1.52 | 1.29 | 1.20 |
| Inventory turnover | 7.10 | 6.94 | 6.17 | 6.29 | 6.57 | 4.07 | 4.25 |
| Debtors turnover | 22.89 | 28.82 | 27.32 | 24.02 | 25.50 | 16.78 | 18.48 |
| EPS (₹) | 31.38 | 19.86 | 14.84 | 170.86 | 223.07 | 103.99 | 35.05 |
| Dividend per share (₹) | 2.00 | 1.50 | 1.00 | 15.00 | 7.50 | 7.50 | 5.00 |
| Book value per share (₹) | 209.14 | 178.39 | 110.35 | 967.67 | 833.21 | 615.30 | 518.64 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,057 | 1,163 | 1,017 | 918 | 1,092 | 1,307 | 1,013 | 1,047 |
| Revenue growth (YoY) | -3.2% | -11.1% | +0.4% | -12.3% | +43.2% | +97.5% | - | - |
| Other income | 35.17 | 70.01 | (3.33) | 99.85 | 68.49 | 70.38 | 15.29 | 6.56 |
| Total expenses | 774 | 721 | 713 | 709 | 760 | 781 | 751 | 740 |
| EBITDA | 283 | 442 | 304 | 208 | 332 | 526 | 262 | 306 |
| EBITDA margin | +26.8% | +38.0% | +30.0% | +22.7% | +30.5% | +40.3% | +26.0% | +29.3% |
| Depreciation | 58.19 | 55.27 | 55.41 | 52.43 | 51.82 | 50.71 | 56.49 | 47.65 |
| Interest | 31.20 | 32.54 | 28.90 | 34.36 | 34.10 | 35.02 | 40.36 | 34.09 |
| Profit before tax | 229 | 424 | 216 | 221 | 315 | 511 | 181 | 231 |
| Tax | 53.69 | 106 | 56.49 | 58.12 | 75.27 | 124 | 65.52 | 42.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 4,334 | 3,484 | 2,733 | 3,020 | 2,642 | 1,595 | 1,424 |
| Revenue growth | +24.4% | +27.5% | -9.5% | +14.3% | +65.6% | +12.0% | - |
| Other income | 235 | 120 | 185 | 87.24 | 74.86 | 107 | 60.74 |
| Total expenses | 2,963 | 2,528 | 2,219 | 2,179 | 1,764 | 1,238 | 1,184 |
| Employee cost | 166 | 135 | 106 | 94.69 | 81.95 | 67.70 | 67.97 |
| EBITDA | 1,370 | 956 | 514 | 841 | 878 | 357 | 240 |
| EBITDA margin | +31.6% | +27.4% | +18.8% | +27.9% | +33.2% | +22.4% | +16.9% |
| Depreciation | 210 | 150 | 64.48 | 65.89 | 53.57 | 48.16 | 51.35 |
| Interest | 132 | 97.14 | 18.24 | 15.95 | 22.42 | 34.49 | 35.70 |
| Profit before tax | 1,263 | 829 | 617 | 847 | 877 | 382 | 214 |
| Tax | 314 | 221 | 151 | 208 | 217 | 85.35 | 31.51 |
| Net profit | 914 | 595 | 455 | 637 | 659 | 307 | 182 |
| Net profit margin | +21.1% | +17.1% | +16.7% | +21.1% | +24.9% | +19.3% | +12.8% |
| EPS (₹) | 26.92 | 17.25 | 13.22 | 181.16 | 183.02 | 82.26 | 50.57 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 35.24 | 35.24 | 35.24 | 35.24 | 36.05 | 36.05 | 36.05 |
| Reserves & surplus | 6,678 | 5,784 | 3,481 | 3,067 | 2,607 | 1,975 | 1,695 |
| Shareholders' funds (net worth) | 6,713 | 5,819 | 3,516 | 3,103 | 2,643 | 2,011 | 1,731 |
| Secured loans | 1,328 | 1,448 | 84.15 | 139 | 171 | 270 | 391 |
| Unsecured loans | 88.14 | 88.77 | 49.87 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 1,416 | 1,537 | 134 | 139 | 171 | 270 | 391 |
| Total liabilities | - | - | 3,685 | 3,276 | 2,847 | 2,286 | 2,127 |
| Assets | |||||||
| Gross block | 4,427 | 4,271 | 1,047 | 997 | 926 | 815 | 785 |
| Net block | 3,609 | 3,660 | 582 | 595 | 589 | 528 | 543 |
| Capital work in progress | 444 | 319 | 46.39 | 27.64 | 67.90 | 65.68 | 34.66 |
| Investments | 2,289 | 1,429 | 1,401 | 1,102 | 1,161 | 913 | 849 |
| Inventories | 589 | 592 | 347 | 549 | 429 | 439 | 370 |
| Sundry debtors | 190 | 172 | 41.48 | 90.44 | 92.83 | 78.09 | 62.20 |
| Cash & bank balances | 665 | 489 | 623 | 241 | 23.43 | 3.41 | 3.95 |
| Loans & advances | 921 | 919 | 769 | 642 | 560 | 432 | 500 |
| Total current assets | 2,364 | 2,172 | 1,781 | 1,522 | 1,105 | 953 | 936 |
| Total current liabilities | 200 | 203 | 166 | 189 | 281 | 256 | 212 |
| Net working capital | 2,165 | 1,969 | 1,614 | 1,333 | 825 | 696 | 723 |
| Total assets | 8,429 | 7,623 | 3,685 | 3,276 | 2,847 | 2,286 | 2,127 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 23.81 | 76.11 | 2.32 | 14.58 | 2.69 | 3.24 | 1.18 |
| Net cash from operating activities | 1,319 | 550 | 877 | 380 | 585 | 199 | 152 |
| Net cash from investing activities | (992) | (1,834) | (723) | (165) | (418) | (25.95) | (191) |
| Net cash from financing activities | (298) | 1,232 | (80.77) | (227) | (156) | (173) | 41.18 |
| Net change in cash | 30.03 | (52.30) | 73.79 | (12.26) | 11.89 | (0.55) | 2.06 |
| Closing cash | 665 | 489 | 623 | 241 | 23.43 | 3.41 | 3.95 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +24.4% | +27.5% | -9.5% | +14.3% | +65.6% | +12.0% | - |
| EBITDA growth | +43.3% | +85.9% | -38.9% | -4.1% | +145.6% | +48.8% | - |
| PBT growth | +52.4% | +34.4% | -27.2% | -3.4% | +129.5% | +78.6% | -33.5% |
| Net income growth | +53.7% | +30.7% | -28.5% | -3.4% | +114.3% | +68.9% | - |
| Revenue CAGR (3Y) | +12.8% | +9.7% | +19.7% | +28.5% | +16.9% | +2.6% | +11.6% |
| EBITDA CAGR (3Y) | +17.7% | +2.9% | +12.9% | +51.9% | +32.8% | +6.9% | +12.0% |
| Profitability & leverage | |||||||
| Net income margin | +21.9% | +17.5% | +17.0% | +21.1% | +25.0% | +18.6% | +12.8% |
| Return on capital employed | +17.4% | +16.4% | +18.3% | +28.2% | +35.0% | +18.9% | +12.5% |
| Return on net worth | +15.1% | +13.0% | +14.1% | +22.2% | +28.4% | +15.9% | +11.1% |
| Debt / equity | 0.24 | 0.18 | 0.04 | 0.05 | 0.09 | 0.18 | 0.21 |
| Long-term debt / equity | 0.21 | 0.15 | 0.02 | 0.04 | 0.08 | 0.13 | 0.11 |
| Interest cover | 11.41 | 12.05 | 4.05 | 2.06 | 2.72 | 11.15 | 18.91 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.00 | 1.31 | 2.68 | 3.14 | 3.03 | 1.99 | 1.84 |
| Inventory turnover | 7.34 | 7.42 | 6.10 | 6.18 | 6.08 | 3.94 | 4.25 |
| Debtors turnover | 23.95 | 32.59 | 41.44 | 32.96 | 30.91 | 22.74 | 28.13 |
| EPS (₹) | 26.92 | 17.25 | 13.22 | 181.16 | 183.02 | 82.26 | 50.57 |
| Dividend per share (₹) | 2.00 | 1.50 | 1.00 | 15.00 | 7.50 | 7.50 | 5.00 |
| Book value per share (₹) | 190.50 | 165.13 | 99.78 | 880.45 | 733.08 | 557.82 | 480.30 |
To see the full year-wise statements and ratios of Sarda Energy & Minerals Limited, buy the company report.
Board of directors of Sarda Energy & Minerals Limited
Sarda Energy & Minerals has 9 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padam Kumar Jain | Whole-Time Director | 01 Jun 2016 | 10 Years 5 Months | Current |
| Kamal Kishore Sarda Also directs: Sarda Hydro Power LLP, Madhya Bharat Power Corporation Limited, Sarda Hydro Power Private Limited and 4 more | Whole-Time Director | 01 Apr 2010 | 16 Years 7 Months | Current |
| Pankaj Sarda Also directs: Sarda Hydro Power LLP, Sarda Hydro Power Private Limited, Sarda Energy Limited and 5 more | Managing Director | 31 Oct 2007 | 19 Years 0 Months | Current |
| Tripti Sinha | Director | 20 Oct 2020 | 6 Years 0 Months | Current |
| Anant Sarda Also directs: Chhatisgarh Investments Limited, Comienzo Agri Science Limited, Kalyani Coal Mining Private Limited and 3 more | Director | 01 Apr 2025 | 1 Years 7 Months | Current |
| Upendra Prasad Singh | Director | 20 Mar 2024 | 2 Years 7 Months | Current |
Auditor
Sarda Energy & Minerals Limited is audited by Singhi & Co. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhi & Co. | FY 2025 | 302049E |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 73.20%, foreign institutional investors hold 3.50%, domestic institutional investors hold 3.50% and retail and other public shareholders hold 19.80%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 73.20% | 73.20% | 73.20% | 73.20% |
| Public | 26.80% | 26.80% | 26.80% | 26.80% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2026 | 101362042 | Idbi Bank Limited | ₹100 Cr | Open | |
| 04 May 2026 | 101287503 | Others | ₹100 Cr | Open | |
| 17 Aug 2024 | 100969779 | Axis Bank Limited | ₹1,445 Cr | Open | |
| 17 Aug 2024 | 100972400 | Others | ₹150 Cr | Open | |
| 25 Jan 2023 | 100677000 | Yes Bank Limited | ₹49 Cr | Open |
To see the full charge records of Sarda Energy & Minerals Limited, buy the company report.
Total charge records: 106 View all charges
Deals & funding
Sarda Energy & Minerals Limited has 33 deals on record (32 market trades, 1 funding round), with disclosed funding of ₹85.86 Cr; the latest was in April 2025.
Deals on record (5 of 33)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2025 | Market trade | ₹92.05 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jul 2024 | Market trade | ₹41.85 Cr | Buyer: Johnson Dye Works Pvt Ltd , New Era Fabrics Limited Seller: Fortune Couriers Limited |
| Oct 2016 | Market trade | ₹4.84 Cr | Buyer: Millennium Stock Broking Private Limited Seller: Millennium Stock Broking Private Limited |
| Apr 2010 | Market trade | ₹12.49 Cr | Buyer: Opg Securities Private Limited Seller: Opg Securities Private Limited |
| Oct 2007 | Market trade | ₹3.72 Cr | Seller: Minix Holdings Private Limited |
To see the full deal history of Sarda Energy & Minerals Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sarda Energy & Minerals Limited has 280 court cases on record: 160 filed by Sarda Energy & Minerals, 120 filed against it. 70 cases are pending and 210 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 169 | 57 | 34 |
| District courts | 53 | 15 | 7 |
| NCLAT | 33 | 28 | 20 |
| Supreme Court | 25 | 20 | 9 |
Cases on record (5 of 280)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Chhattisgarh State Power Distribution Co. Ltd | Disposed |
| Supreme Court | Court case (2401-Indirect Taxation : Customs Act, Customs Tariff Act, Export, Import and Anti-Dumping duty) | Filed by the company against Principal Commissioner of Customs | Pending |
| Supreme Court | Court case (2401-Indirect Taxation : Customs Act, Customs Tariff Act, Export, Import and Anti-Dumping duty) | Filed by the company against Principal Commissioner of Customs | Pending |
| Supreme Court | Court case (2501-Insolvency Laws and Insolvency and Bankruptcy Code, 2016 : Insolvency Laws and Insolvency and Bankruptcy Code, 2016) | Filed against the company by Vantage Point Asset Management Pte. Ltd. | Disposed |
| District court, Nagpur, Maharashtra | Court case (Cri.Rev.App.) | Filed against the company by M/S. Mining and Consultancy Pvt. Ltd. | Pending |
To see the full case history of Sarda Energy & Minerals Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Sarda Energy & Minerals Limited was last rated by Crisil on 01 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 01 Sep 2020 |
To see the full credit ratings and regulatory alerts of Sarda Energy & Minerals Limited, buy the company report.
MSME payment delays
Sarda Energy & Minerals Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Smith Therm Private Limited |
To see the full MSME payment records of Sarda Energy & Minerals Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Sarda Energy & Minerals has 5 subsidiary companies and 2 joint ventures. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Natural Resources Energy Private Limited | U40101CT2007PTC020163 | |
| Parvatiya Power Limited | U40101UR1994PLC017151 | |
| Sarda Energy Limited | U40102CT2008PLC000406 | |
| Sarda Metals & Alloys Limited | U51420MH2008PLC187689 | |
| Madhya Bharat Power Corporation Limited | U74899DL1994PLC061349 |
To see the full group structure of Sarda Energy & Minerals Limited, buy the company report.
Employees & EPFO
Sarda Energy & Minerals Limited has a workforce of 2,051 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 2,051 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Sarda Energy & Minerals Limited, buy the company report.
GST
Sarda Energy & Minerals has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR6149L2ZZ | Maharashtra | Active | 01 Jul 2017 |
| 22AAACR6149L1ZA | Chhattisgarh | Active | 01 Jul 2017 |
| 37AAACR6149L1ZZ | Andhra Pradesh | Active | 01 Jul 2017 |
| 23AAACR6149L1Z8 | Madhya Pradesh | Active | 19 Jul 2021 |
To see the full GST registrations and return filing status of Sarda Energy & Minerals Limited, buy the company report.
Recent activity
Sarda Energy & Minerals Limited has 18 board changes on record since 2007: 9 appointments and 9 cessations. The latest: Anant Sarda was appointed as Director on 01 Apr 2025.
245 earlier events are in the company report.
News
Frequently asked questions
Sarda Energy & Minerals is an active public limited company based in Nagpur, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 23 June 1973 (53+ years old) and is registered under CIN L27100MH1973PLC016617. Listed on BSE: 504614 and NSE: SARDAEN.
Sarda Energy & Minerals reported revenue of ₹5,690.45 Cr for FY 2025-26 (up 22.6% YoY) based on consolidated financials.
Sarda Energy & Minerals has 9 current directors:
- Pankaj Sarda - Managing Director
- Padam Kumar Jain - Whole-Time Director
- Kamal Kishore Sarda - Whole-Time Director
- Tripti Sinha - Director
- Anant Sarda - Director
- Upendra Prasad Singh - Director
- Rajeev Sharma - Director
- Amal Kumar Debnath - Director
- Binoy Sandip Parikh - Director
The latest financial statements of Sarda Energy & Minerals on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Sarda Energy & Minerals is 27AAACR6149L2ZZ, registered in Maharashtra. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 22AAACR6149L1ZA (Chhattisgarh), 37AAACR6149L1ZZ (Andhra Pradesh), 23AAACR6149L1Z8 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Sarda Energy & Minerals is L27100MH1973PLC016617. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Sarda Energy & Minerals is a listed company as per MCA records. Its shares are listed on both BSE (code: 504614) and NSE (symbol: SARDAEN).
Sarda Energy & Minerals has 280 court cases on record: 160 filed by the company and 120 filed against it. 70 are pending. Most are in the high courts.
Sarda Energy & Minerals was incorporated on 23 June 1973, making it 53+ years old. It is registered with the Registrar of Companies, Nagpur.
Sarda Energy & Minerals has 33 deals on record (32 market trades, 1 funding round), with disclosed funding of ₹85.86 Cr; the latest was in April 2025.
Anant Sarda was appointed as Director on 01 Apr 2025. Asitkumar Basu ceased to be Director on 01 Apr 2024. Rakesh Mehra ceased to be Director on 01 Apr 2024. Sarda Energy & Minerals has 18 board changes on record in total.

