Sandur Manganese Q4 Net Profit Jumps 41% to ₹196 Cr; Revenue Up 12% YoY

Synopsis: The Sandur Manganese & Iron Ores Limited reported a strong Q4FY26 performance with revenue rising around 12 percent year on year to Rs. 668.17 crore, while net profit increased nearly 41 percent to Rs. 196.26 crore. Strong ore sales, improved operating leverage  and controlled raw material costs supported profitability during the quarter.

Sandur Manganese & Iron Ores has a total market capitalization of Rs. 12,060.75 crore, according to data on the NSE. The stock was listed on the exchanges on September 07, 2023. Sandur Manganeseshares were trading at Rs. 248.97 apiece on the National Stock Exchange, up by 15 percent; the stock has gained around 18.28 percent over the last five sessions, while it has surged about 28.18 percent in the 30 days.

Over a six month period, the stock has given a return of 19.15 percent, whereas on a year on year basis it has surged nearly 48.37 percent, reflecting good overall performance. The stock’s 52 week high was Rs. 273 and 52 week low was Rs. 141.37.

The Sandur Manganese & Iron Ores Limited reported a strong set of standalone results for the quarter ended March 31, 2026, supported by higher mining volumes and improved operational performance. The company posted revenue from operations of Rs. 668.17 crore in Q4FY26 compared to Rs. 594.95 crore in Q4FY25, reflecting a growth of around 12.3 percent year on year. Sequentially, revenue also improved sharply from Rs. 483.37 crore reported in Q3FY26.

Total income for the quarter stood at Rs. 686.53 crore compared to Rs. 603.01 crore in the corresponding quarter last year, indicating healthy growth momentum driven by stronger iron ore and manganese ore operations.

On the profitability front, the company reported a net profit of Rs. 196.26 crore in Q4FY26 compared to Rs. 139.30 crore in Q4FY25, reflecting a strong growth of around 40.9 percent year on year. Sequentially, profit also increased significantly from Rs. 107.86 crore reported in Q3FY26. The sharp improvement in profitability was supported by higher operating income and better cost absorption.

Profit before tax stood at Rs. 257.91 crore in Q4FY26 compared to Rs. 188.69 crore in Q4FY25, registering a strong growth of around 36.7 percent year on year. Sequentially, PBT improved sharply from Rs. 139.10 crore in the previous quarter, reflecting improved operational efficiency and stronger mining activity.

Margins improved during the quarter as revenue growth outpaced expense growth. Total expenses stood at Rs. 428.62 crore in Q4FY26 compared to Rs. 414.32 crore in Q4FY25, reflecting an increase of only around 3.4 percent despite strong revenue growth. This resulted in meaningful margin expansion during the quarter.

For the full financial year FY26, the company reported revenue from operations of Rs. 2,010.62 crore compared to Rs. 1,938.54 crore in FY25, reflecting a growth of around 3.7 percent. Net profit for FY26 stood at Rs. 543.08 crore compared to Rs. 444.52 crore in FY25, registering a strong growth of around 22.2 percent. Profit before tax for FY26 increased significantly to Rs. 717.22 crore compared to Rs. 596.78 crore in FY25. Earnings per share (EPS) for FY26 improved to Rs. 11.17 compared to Rs. 9.14 in the previous year, reflecting stronger shareholder returns.

The Sandur Manganese & Iron Ores Limited, incorporated in 1954, is the flagship company of the Karnataka based Sandur Group and is involved in the mining of low phosphorus manganese and iron ore in the Hosapete Ballari region of Karnataka. The company also manufactures ferro alloys such as silico manganese and ferro manganese along with coke production at its plant near Hospet. SMIORE is currently the third largest manganese ore miner in India.

From an industry perspective, the mining and metals sector continues to benefit from strong domestic steel demand, infrastructure spending, rising industrial activity and stable commodity demand. Iron ore and manganese remain critical raw materials for steel manufacturing, while ferro alloy demand has also remained healthy due to infrastructure and construction growth.

The company’s strong profitability growth indicates improved operating leverage and efficiency   and execution despite fluctuations in commodity prices. Lower raw material costs and controlled operating expenses also supported margin expansion during the quarter.

Overall, the Q4FY26 results indicate strong operational momentum for Sandur Manganese & Iron Ores supported by healthy mining activity, improved realizations  and efficient cost management. Going forward, the company’s performance will depend on iron ore and manganese price trends, mining volumes, export demand  and overall steel sector growth.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own  and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Sandur Manganese Q4 Net Profit Jumps 41% to ₹196 Cr; Revenue Up 12% YoY appeared first on Trade Brains.