Sarda Energy & Minerals Limited
Incorporated in 1973, Sarda Energy & Minerals Limited (SEML) is the flagship company of Sarda Group and is engaged in the production of steel, ferro alloys and power.
What Sarda files
- Others50
- Investor Meet34
- Updates28
- Important18
- Board Meeting13
- PPTs9
Sarda Energy & Minerals' wholly-owned subsidiary, Sarda Metals Alloys, had its ₹50 Cr bank loan facilities affirmed with an 'IND A1' credit rating by India Ratings. This highlights stable financial health.
Sarda Energy & Minerals completed its TG 1 replacement. The new unit is operational, achieving plant stability and enhanced operational reliability. This upgrade supports consistent output moving forward.
Sarda Energy & Minerals' wholly-owned subsidiary, Sarda Metals & Alloys, has been upgraded to a Four Star Export House. This enhancement in status improves export benefits and market access, positioning the company for potential growth in its international business.
Sarda Energy & Minerals achieved record Q1 PAT of 478 Cr (includes 110 Cr one-time gain) and 762 Cr EBITDA, up 9.4% YoY, despite temporary disruptions. Energy business contributed 70% of EBITDA. The company plans to quadruple mining and double energy generation capacity.
Sarda Energy's subsidiary approved a ₹300 Cr capex for a waste heat recovery power plant and mineral wool facility expansion at Vizianagaram. This green initiative aims to boost capacity and efficiency.