Why is Sandur Manganese & Iron Ores Ltd ?
1
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 0.83 times
2
Healthy long term growth as Net Sales has grown by an annual rate of 33.77% and Operating profit at 44.85%
3
With a growth in Net Profit of 103.21%, the company declared Very Positive results in Mar 26
- The company has declared positive results for the last 9 consecutive quarters
- NET SALES(9M) At Rs 3,953.04 cr has Grown at 56.04%
- PAT(9M) At Rs 515.64 cr has Grown at 58.33%
- ROCE(HY) Highest at 25.21%
4
With ROCE of 25, it has a Fair valuation with a 2.9 Enterprise value to Capital Employed
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 31.37%, its profits have risen by 45.1% ; the PEG ratio of the company is 0.4
5
Market Beating Performance
- Even though the market (BSE500) has generated negative returns of -0.68% in the last 1 year, the stock has been able to generate 31.37% returns
How much should you buy?
- Overall Portfolio exposure to Sandur Manganese should be less than 10%
- Overall Portfolio exposure to Miscellaneous should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Miscellaneous)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Sandur Manganese for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Sandur Manganese
30.87%
0.59
53.22%
Sensex
-7.16%
-0.56
13.01%
Quality key factors
Factor
Value
Sales Growth (5y)
33.77%
EBIT Growth (5y)
44.85%
EBIT to Interest (avg)
11.68
Debt to EBITDA (avg)
0.96
Net Debt to Equity (avg)
0.23
Sales to Capital Employed (avg)
0.83
Tax Ratio
20.39%
Dividend Payout Ratio
4.31%
Pledged Shares
0
Institutional Holding
2.30%
ROCE (avg)
22.38%
ROE (avg)
25.65%
Valuation Key Factors 
Factor
Value
P/E Ratio
16
Industry P/E
11
Price to Book Value
3.38
EV to EBIT
11.76
EV to EBITDA
9.70
EV to Capital Employed
2.94
EV to Sales
2.30
PEG Ratio
0.35
Dividend Yield
0.18%
ROCE (Latest)
24.99%
ROE (Latest)
20.97%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bullish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
No Trend
Bullish
Technical Movement
25What is working for the Company
NET SALES(9M)
At Rs 3,953.04 cr has Grown at 56.04%
PAT(9M)
At Rs 515.64 cr has Grown at 58.33%
ROCE(HY)
Highest at 25.21%
OPERATING PROFIT TO INTEREST(Q)
Highest at 6.98 times
PBDIT(Q)
Highest at Rs 386.52 cr.
PBT LESS OI(Q)
Highest at Rs 277.39 cr.
EPS(Q)
Highest at Rs 4.85
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Sandur Manganese
Operating Profit to Interest - Quarterly
Highest at 6.98 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 277.39 cr has Grown at 57.8% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 175.81 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 235.78 cr has Grown at 56.5% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 150.67 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 1,511.39 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 1,511.39 cr has Grown at 23.4% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 1,224.58 CrMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 386.52 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 277.39 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 235.78 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 4.85
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)






