Sandur Manganese

Why is Sandur Manganese & Iron Ores Ltd falling/rising?

As of 20-Jul, Sandur Manganese & Iron Ores Ltd's stock price is declining at 193.90, down 0.95%, with a total decline of 3.02% over the last three days. Despite strong fundamentals, the stock is underperforming and trading below its moving averages, reflecting negative market sentiment.

As of 20-Jul, Sandur Manganese & Iron Ores Ltd is experiencing a decline in its stock price, currently at 193.90, which reflects a change of -1.85 (-0.95%). The stock has underperformed its sector by -1.43% today and has been on a consecutive downward trend for the last three days, resulting in a total decline of -3.02% during this period.<BR><BR>The stock's performance over various time frames shows a negative trend, with a 1-week decline of -4.53% and a 1-month decline of -8.36%. Year-to-date, the stock has fallen by -20.16%, although it has shown a positive return of +22.95% over the past year. This recent downturn contrasts with its strong historical performance, as evidenced by a remarkable increase of +188.42% over the last three years and +428.59% over the last five years.<BR><BR>The stock is currently trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Additionally, while there has been a rise in investor participation, with a 26.1% increase in delivery volume on July 17 compared to the 5-day average, the overall market sentiment appears to be negative.<BR><BR>Despite the company's strong fundamentals, such as a low Debt to EBITDA ratio of 0.83 times and significant growth in net sales and operating profit, the stock's recent performance reflects broader market challenges and a lack of investor confidence in the short term.

Which are the latest news on Sandur Manganese?

How big is Sandur Manganese?

As of 10th June, Sandur Manganese & Iron Ores Ltd has a market capitalization of 10,347.00 Cr, with net sales of 5,088.42 Cr and net profit of 656.64 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Sandur Manganese & Iron Ores Ltd has a market capitalization of 10,347.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 5,088.42 Cr, while the sum of Net Profit for the same period is 656.64 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 2,612.69 Cr, and Total Assets amount to 5,648.21 Cr.

Who are in the management team of Sandur Manganese?

The management team of Sandur Manganese includes S Y Ghorpade (Chairman Emeritus), T. R. Raghunandan (Non-Executive Chairman), Bahirji A Ghorpade (Managing Director), and several independent directors, including G P Kundargi, Latha Pillai, Jagadish Rao Kote, and H L Shah, along with Mohammed Abdul Saleem (Executive Director and Company Secretary). This team combines executive leadership with independent oversight.

The management team of Sandur Manganese includes the following key members:<BR><BR>1. **S Y Ghorpade** - Chairman Emeritus<BR>2. **T. R. Raghunandan** - Chairman (Non-Executive) & Director (Non-Independent)<BR>3. **Bahirji A Ghorpade** - Executive Director & Managing Director<BR>4. **G P Kundargi** - Independent Non-Executive Director<BR>5. **Latha Pillai** - Independent Director<BR>6. **Jagadish Rao Kote** - Independent Non-Executive Director<BR>7. **H L Shah** - Independent Non-Executive Director<BR>8. **Mohammed Abdul Saleem** - Executive Director & Whole-time Director, and also serves as Company Secretary & Compliance Officer.<BR><BR>This team brings a mix of executive leadership and independent oversight to the company.

Should I buy, sell or hold Sandur Manganese & Iron Ores Ltd?

Who are the peers of the Sandur Manganese?

Peers of Sandur Manganese include Doms Industries, Midwest Gold, Knowledge Marine, and others. Sandur Manganese has average management risk, excellent growth, and a 1-year return of 31.42%, significantly lower than Midwest Gold's 451.74%.

Peers: The peers of Sandur Manganese are Doms Industries, Midwest Gold, Knowledge Marine, Crizac, Navneet Educat., Dredging Corpn., Flair Writing, Ramco Inds., Creative Newtech, and Tembo Global.<BR><BR>Quality Snapshot: Excellent management risk is observed at Doms Industries, Crizac, and the rest. Average management risk is found at Sandur Manganese, Knowledge Marine, Navneet Educat., Dredging Corpn., Flair Writing, Ramco Inds., Creative Newtech, and Tembo Global. Good growth is seen at Crizac, Knowledge Marine, and the rest, while Sandur Manganese shows excellent growth, and Doms Industries, Midwest Gold, Dredging Corpn., Flair Writing, and Ramco Inds. exhibit below-average growth. Excellent capital structure is noted at Doms Industries, Sandur Manganese, Crizac, Navneet Educat., and the rest, while below-average capital structure is found at Midwest Gold, Dredging Corpn., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Midwest Gold at 451.74%, while the lowest is Crizac, which has an N/A return. Sandur Manganese's 1-year return is 31.42%, which is significantly lower than Midwest Gold's. Additionally, Crizac and Flair Writing are among the peers with negative six-month returns.

What does Sandur Manganese do?

Sandur Manganese & Iron Ores Ltd is a small-cap company engaged in the mining of manganese and iron ores, with a market cap of INR 10,347 Cr and reported net sales of 1,511 Cr and net profit of 236 Cr for the quarter ending March 2026. The company has a P/E ratio of 15.00 and a dividend yield of 0.18%.

Overview:<BR>Sandur Manganese & Iron Ores Ltd is engaged in the mining of manganese and iron ores and operates within the miscellaneous industry as a small-cap company.<BR><BR>History:<BR>The company was incorporated in 1954 as a Private Limited Company and became a Public Limited Company on 29 July 1964. It reported net sales and net profit for the quarter ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1,511 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 236 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 10,347 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 15.00<BR>- Industry P/E: 11<BR>- Dividend Yield: 0.18%<BR>- Debt-Equity: 0.23<BR>- Return on Equity: 20.97%<BR>- Price to Book: 3.27<BR><BR>Contact Details:<BR>Address: Lakshmipur, Bellary Dist Sandur Karnataka : 583119<BR>Tel: 91-8395260301<BR>Fax: +91-8395260473<BR>Website: http://www.sandurgroup.com

Are Sandur Manganese & Iron Ores Ltd latest results good or bad?

Sandur Manganese & Iron Ores Ltd's latest Q4 FY26 results are strong, with record net sales of ₹1,511.39 crores and a net profit of ₹235.78 crores, reflecting significant growth and improved margins. Overall, the performance indicates a positive outlook for the company.

Sandur Manganese & Iron Ores Ltd's latest results for Q4 FY26 are quite impressive. The company reported record net sales of ₹1,511.39 crores, reflecting a significant quarter-on-quarter growth of 24.98% and a year-on-year increase of 14.39%. This strong performance is further underscored by a remarkable net profit of ₹235.78 crores, which is up 103.77% from the previous quarter.<BR><BR>Additionally, the operating margin improved substantially, reaching 25.57%, which is an increase of 484 basis points compared to the previous quarter. The profit after tax (PAT) margin also saw a notable rise to 15.65%, up from 9.62% in the prior quarter.<BR><BR>Overall, the company has demonstrated strong operational efficiency and effective management strategies, translating top-line growth into bottom-line expansion. Given these results, it can be concluded that Sandur Manganese & Iron Ores Ltd has delivered a strong performance in its latest results, indicating a positive outlook for the company.

When is the next results date for Sandur Manganese & Iron Ores Ltd?

The next results date for Sandur Manganese & Iron Ores Ltd is 07 May 2026.

The next results date for Sandur Manganese & Iron Ores Ltd is scheduled for 07 May 2026.

Is Sandur Manganese technically bullish or bearish?

As of December 1, 2025, Sandur Manganese shows a mildly bullish trend with positive MACD and moving averages, but caution is advised due to a bearish monthly RSI and mixed signals from other indicators.

As of 1 December 2025, the technical trend for Sandur Manganese has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on both weekly and monthly time frames, alongside daily moving averages indicating bullish momentum. However, the monthly RSI is bearish, which suggests some caution. The Bollinger Bands are mildly bullish on both weekly and monthly charts, reinforcing the positive outlook, while the KST shows a bullish weekly signal but is mildly bearish monthly. Overall, the mixed signals from the indicators suggest a cautious but positive sentiment in the short term.

How has been the historical performance of Sandur Manganese?

Sandur Manganese has experienced significant fluctuations in financial performance, with net sales rising from INR 702.15 crore in March 2019 to INR 3,135.06 crore in March 2025, despite a dip in March 2024. Key metrics show growth in profit and total assets, but volatility in profit margins and cash flow dynamics persists.

Answer:<BR>The historical performance of Sandur Manganese shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Sandur Manganese's net sales have seen a remarkable increase from INR 702.15 crore in March 2019 to INR 3,135.06 crore in March 2025, with a notable dip in March 2024 at INR 1,252.13 crore. Total operating income followed a similar trend, peaking at INR 3,135.06 crore in March 2025. The raw material cost surged to INR 1,128.50 crore in March 2025, compared to INR 283.00 crore in March 2024, reflecting the company's increased operational scale. Operating profit (PBDIT) reached INR 861.86 crore in March 2025, although it was lower than the INR 1,009.35 crore recorded in March 2022. Profit after tax also increased to INR 474.61 crore in March 2025, up from INR 238.64 crore in March 2024, but down from INR 675.11 crore in March 2022. The company's total assets grew significantly to INR 5,648.21 crore in March 2025 from INR 2,531.51 crore in March 2023, while total liabilities also increased to INR 5,648.21 crore in March 2025 from INR 2,593.02 crore in March 2024. Cash flow from operating activities improved to INR 840.00 crore in March 2025, compared to INR 153.00 crore in March 2024, although cash flow from investing activities showed a negative trend at -INR 1,553.00 crore in March 2025. Overall, the financial metrics indicate a company experiencing growth in sales and profit, despite some volatility in profit margins and cash flow dynamics.

Is Sandur Manganese overvalued or undervalued?

As of November 10, 2025, Sandur Manganese is considered undervalued with a PE ratio of 16.88 and an attractive valuation compared to peers, having significantly outperformed the Sensex with a 3-year return of 410.67%.

As of 10 November 2025, the valuation grade for Sandur Manganese has moved from very expensive to very attractive, indicating a significant shift in its perceived value. The company is currently assessed as undervalued. Key financial ratios include a PE ratio of 16.88, an EV to EBITDA of 13.14, and a PEG ratio of 0.23, all suggesting that the stock is trading at a favorable valuation compared to its earnings growth potential.<BR><BR>In comparison to its peers, Sandur Manganese's PE ratio is notably higher than Coal India, which stands at 7.53, and NMDC at 9.38, while being lower than GMDC's 28.66 and MOIL's 26.6, indicating a competitive position within the industry. Additionally, Sandur Manganese has outperformed the Sensex significantly over the long term, with a 3-year return of 410.67% compared to the Sensex's 37.82%, reinforcing the attractiveness of its current valuation.

What is the bonus history of Sandur Manganese?

Sandur Manganese has a history of issuing bonuses, with the most recent being a 2:1 bonus announced on September 22, 2025, following a 5:1 bonus issued on February 2, 2024. This demonstrates the company's commitment to rewarding its shareholders.

Sandur Manganese has a notable bonus history. The most recent bonus issue was a 2:1 bonus announced with an ex-date of September 22, 2025. Prior to that, the company issued a 5:1 bonus on February 2, 2024, with the same date serving as the record date. This reflects the company's approach to rewarding its shareholders through bonus shares. If you have any more questions about Sandur Manganese or need further details, feel free to ask!

Who are the top shareholders of the Sandur Manganese?

The top shareholder of Sandur Manganese is Skand Private Limited, holding 52.37%, followed by individual investor Anand Shankar Mall with 2%. Public shareholders collectively own 20.54%, while foreign institutional investors hold 1.13% and mutual funds account for 0.82%.

The top shareholders of Sandur Manganese include Skand Private Limited, which holds the highest stake at 52.37%. The company is primarily controlled by its promoters, who are the majority shareholders. In terms of public shareholders, Anand Shankar Mall is the largest individual investor, holding 2%. Additionally, individual investors collectively own 20.54% of the shares. There are also 66 foreign institutional investors (FIIs) with a combined holding of 1.13%, and two mutual fund schemes that hold 0.82% of the shares.

Has Sandur Manganese declared dividend?

Yes, Sandur Manganese & Iron Ores Ltd has declared a 10% dividend, amounting to ₹1 per share, with an ex-date of September 11, 2024. The current dividend yield is 0.21%, and while recent short-term returns have been negative, the company has shown significant gains over longer periods.

Sandur Manganese & Iron Ores Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: 11 Sep 24<BR><BR>Dividend Yield: 0.21%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -11.77%, with a dividend return of 0%, resulting in a total return of -11.77%.<BR><BR>Over the past year, the price return was -11.95%, with a dividend return of 0.19%, leading to a total return of -11.76%.<BR><BR>In the 2-year period, the price return was 127.71%, the dividend return was 2.80%, culminating in a total return of 130.51%.<BR><BR>For the last 3 years, the price return was 174.96%, with a dividend return of 8.80%, resulting in a total return of 183.76%.<BR><BR>In the 4-year period, the price return was 412.45%, the dividend return was 18.66%, which resulted in a total return of 431.11%.<BR><BR>Over the last 5 years, the price return was 1448.65%, with a dividend return of 65.02%, leading to a total return of 1513.67%.<BR><BR>Overall, while Sandur Manganese has declared a dividend, the recent total returns reflect a mix of performance, with significant gains over longer periods despite negative returns in the short term. The dividend yield remains modest, indicating a cautious approach to shareholder returns in the near term.