The Sandur Manganese & Iron Ores Limited
NSE: SANDUMAMarket Closed • NSE
Day range
52 week range
The Sandur Manganese & Iron Ores Limited closed at INR177.68 (-0.82%) on volume 1.05x its 20-day average, trading 34.92% below its 52-week high.
2026-Q2
Q2 FY2026 Financial Results
PAT moved -3.4% QoQ
2026-08-12
DIVIDEND Announced
Dividend - Rs 0.50 Per Share
2025-09-22
BONUS Announced
Bonus 2:1
Revenue and PAT bars use independent scales to make their year-on-year direction readable.
Complete reported financial history · Values use the company's reporting currency
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A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.
Strengths
Strong Capital Efficiency: ROCE stands at 24.2%
Low Debt Profile: Debt-to-Equity is comfortable at 0.31x
High Cash Flow Conversion: CFO/PAT averaged 1.75x over last 3 years
Attractive Valuation: P/E of 12.0x trades below sector historical averages
Risks
Subject to cyclical raw material and macro industry pressures
Bull case
Market Leadership: Established operational scale in Steel.
Bear case
Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.
Flip condition
Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.
Ownership distribution
Category trends
Hover over a period for exact holdings
Complete dividend, bonus, split, rights and other action history
| Record date | Corporate action | Information | Announcement date | Ex-date |
|---|---|---|---|---|
| 12 Aug 2026 | Dividend | ₹0.50 / share | — | 12 Aug 2026 |
| 22 Sept 2025 | Bonus issue | 2:1 bonus ratio | — | 22 Sept 2025 |
| 10 Sept 2025 | Dividend | ₹1.25 / share | — | 10 Sept 2025 |
| 11 Sept 2024 | Dividend | ₹1.00 / share | — | 11 Sept 2024 |
| 02 Feb 2024 | Bonus issue | 5:1 bonus ratio | — | 02 Feb 2024 |
| 13 Sept 2023 | Dividend | ₹5.00 / share | — | 13 Sept 2023 |
| — | Annual General Meeting | Annual General Meeting | — | 13 Sept 2023 |
Traded volume and delivery percentage across the latest 20 sessions
Compare valuation, latest quarterly performance and year-on-year growth
| Company name | Market cap ₹ Cr | P/E ratio | Dividend yield % | Quarterly sales ₹ Cr | Profit after tax ₹ Cr | Sales growth % | Profit growth % |
|---|---|---|---|---|---|---|---|
UltraTech Cement LimitedULTRACEMCO Open analysis | ₹3.14L | 36.80 | 2.30% | ₹25,799.47 | ₹2,982.76 | +11.86% | +20.17% |
JSW Steel LimitedJSWSTEEL Open analysis | ₹2.85L | 11.52 | 0.60% | ₹47,364.00 | ₹4,651.00 | +11.55% | +112.96% |
Hindustan Zinc LimitedHINDZINC Open analysis | ₹2.30L | 13.46 | 2.07% | ₹13,687.00 | ₹5,425.00 | +77.22% | +146.14% |
Asian Paints LimitedASIANPAINT Open analysis | ₹2.24L | 47.08 | 1.19% | ₹10,541.94 | ₹1,539.25 | +17.94% | +39.96% |
Tata Steel LimitedTATASTEEL Open analysis | ₹2.17L | 19.64 | 2.33% | ₹60,794.00 | ₹2,385.00 | +14.32% | +18.83% |
Hindalco Industries LimitedHINDALCO Open analysis | ₹2.00L | 12.21 | 0.56% | ₹84,825.00 | ₹7,013.00 | +32.06% | +75.15% |
Grasim Industries LimitedGRASIM Open analysis | ₹1.96L | 34.47 | 0.35% | ₹11,794.71 | ₹246.65 | -70.60% | -82.61% |
Solar Industries India LimitedSOLARINDS Open analysis | ₹1.81L | 90.88 | 0.06% | ₹3,668.00 | ₹666.00 | +70.29% | +88.67% |
The Sandur Manganese & Iron Ores Limited (SMIORE), the flagship company of the Karnataka based Sandur Group, incorporated in 1954. Company is involved in mining of low phosphorous manganese and iron ore in the Hosapete Ballari region of Karnataka. In addition, Company manufactures ferro-alloys (silico-Manganese and ferro manganese) and coke at its plant in Vyasankare, near Hospet.[1] It is the 3rd Largest Manganese ore miner in India.[2]
IndiaBasic Materials
Is The Sandur Manganese & Iron Ores Limited Shariah compliant?
The Sandur Manganese & Iron Ores Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (11.57%) complies with AAOIFI threshold (≤ 33%).
What is The Sandur Manganese & Iron Ores Limited's current valuation relative to peers?
The Sandur Manganese & Iron Ores Limited trades at a P/E of 12.0x compared to the sector median of 21.4x, and a Price-to-Book of 2.7x.
Is the company financially healthy?
The company has a Debt-to-Equity ratio of 0.31x. Interest coverage is 4.7x.
What are the historical revenue and profit growth rates?
Over the past 5 years, revenue compounded at 32.7% while net profit growth averaged 22.4%.
Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.
Market data may be delayed. Quote date: 2026-10-09. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.

