| Scrip Code | 504614 |
|---|---|
| NSE Symbol | SARDAEN |
| MSEI Symbol | NOTLISTED |
| ISIN | INE385C01021 |
| Name of company | Sarda Energy & Minerals Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 07-02-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 19-01-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Third quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 07-02-2026 11:30:00 |
| End date and time of board meeting | 07-02-2026 15:00:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 1,27,599.00 | 4,43,688.00 | |
| Other income | 8,446.00 | 23,234.00 | |
| Total income | 1,36,045.00 | 4,66,922.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 72,029.00 | 2,18,623.00 |
| (b) | Purchases of stock-in-trade | 1,147.00 | 6,760.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (702.00) | 1,724.00 |
| (d) | Employee benefit expense | 5,992.00 | 16,168.00 |
| (e) | Finance costs | 6,434.00 | 19,093.00 |
| (f) | Depreciation, depletion and amortisation expense | 8,624.00 | 25,252.00 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 18,050.00 | 56,425.00 |
| Total other expenses | 18,050.00 | 56,425.00 | |
| Total expenses | 1,11,574.00 | 3,44,045.00 | |
| 3 | Total profit before exceptional items and tax | 24,471.00 | 1,22,877.00 |
| 4 | Exceptional items | 1,024.00 | 1,024.00 |
| 5 | Total profit before tax | 25,495.00 | 1,23,901.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 973.00 | 2,794.00 |
| 8 | Deferred tax | 6,138.00 | 28,891.00 |
| 9 | Total tax expenses | 7,111.00 | 31,685.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 18,384.00 | 92,216.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 604.00 | 3,215.00 |
| 16 | Total profit (loss) for period | 18,988.00 | 95,431.00 |
| 17 | Other comprehensive income net of taxes | 173.00 | (603.00) |
| 18 | Total Comprehensive Income for the period | 19,161.00 | 94,828.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 19,037.00 | 94,791.00 | |
| Total profit or loss, attributable to non-controlling interests | (49.00) | 640.00 | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 19,258.00 | 94,549.00 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | (97.00) | 279.00 | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 3,524.00 | 3,534.00 | |
| Face value of equity share capital | 1 | 1 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 5.4 | 26.9 | |
| Diluted earnings (loss) per share from continuing operations | 5.4 | 26.9 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 5.4 | 26.9 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 5.4 | 26.9 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | NOTES :- 1) The above results have been reviewed by the Audit committee and approved by the Board of Directors of the company in its meeting held on 7th February 2026. 2)These results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules 2015 (Ind AS) as prescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable. The above results are prepared after consolidating results of all subsidiaries and joint venture companies. 3) On August 21, 2024, the Group completed acquisition of SKS Power Generation (Chhattisgarh) Limited (‘SKS’) pursuant to the Resolution Plan (‘RP’) as approved by the National Company Law Tribunal vide its order dated August 13, 2024, under the Insolvency and Bankruptcy Code, 2016 (‘IBC’). Further, pursuant to the RP, the Group amalgamated SKS with itself w.e.f. Appointed Date of September 1, 2024. Approval of our Resolution Plan was challanged by unsuccessful resolution applicants in the hon'ble Supreme Court, following rejection of their appeal in the NCLAT. Supreme court has heard the appeals and reserved for order. Results of nine-month period are not comparable with the previous period. 4)With effect from November 21, 2025, the Government of India has consolidated multiple existing labour legislations into a unified framework comprising four Labour Codes collectively referred to as the 'New Labour Codes'. However, the corresponding Rules under these New Labour Codes are yet to be notified. The Group has estimated and recorded past service cost which is not material based on the best available information and in consultation with external experts. The Group continues to monitor the developments and will take this into consideration as and when further clarifications and rules are notified. 5)The other income includes effect of mark to market gain/(loss) on investment. 6)The other expenses are net of forex gain of Rs. 4.70 Crore in the quarter and Rs. 6.62 Crore in the nine month ended 31.12.2025. 7)Exceptional item includes power cost incentive received during the current quarter. 8)The figures for the corresponding previous periods have been restated / regrouped, wherever necessary, to make them comparable. 9)The above results are also available on the Group's website - www.seml.co.in and also on the website of BSE and NSE. The key standalone financial results are given below: Particulars Quarter Ended Nine month Ended Year Ended 31.12.2025 30.09.2025 31.12.2024 31.12.2025 31.12.2024 31.03.2025 Unaudited Unaudited Audited Revenue from operations 917.62 1092.25 1046.58 3316.96 2471.07 3484.17 Profit/(Loss) before tax 221.21 314.95 231.26 1046.70 647.99 828.76 Profit/(Loss) after tax 163.09 239.68 189.22 788.82 492.82 608.06 |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-10-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Steel | 44,900.00 | 1,47,711.00 | ||||
| 2 | Ferro Alloys | 45,369.00 | 1,23,835.00 | ||||
| 3 | Power | 55,964.00 | 2,29,679.00 | ||||
| 4 | Unallocated | 0.00446 | 1,345.00 | ||||
| Total Segment Revenue | 1,46,679.00 | 5,02,570.00 | |||||
| Less: Inter segment revenue | 19,080.00 | 58,882.00 | |||||
| Revenue from operations | 1,27,599.00 | 4,43,688.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Steel | 5,892.00 | 23,130.00 | ||||
| 2 | Ferro Alloys | 7,014.00 | 19,156.00 | ||||
| 3 | Power | 16,808.00 | 92,711.00 | ||||
| 4 | Unallocated | 0.00 | 0.00 | ||||
| Total Profit before tax | 29,714.00 | 1,34,997.00 | |||||
| i. Finance cost | 5,964.00 | 18,431.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | (1,745.00) | (7,335.00) | |||||
| Profit before tax | 25,495.00 | 1,23,901.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Steel | 1,11,150.00 | 1,11,150.00 | ||||
| 2 | Ferro Alloys | 86,609.00 | 86,609.00 | ||||
| 3 | Power | 6,54,848.00 | 6,54,848.00 | ||||
| 4 | Unallocated | 0.00 | 0.00 | ||||
| Total Segment Asset | 8,52,607.00 | 8,52,607.00 | |||||
| Un-allocable Assets | 2,58,902.00 | 2,58,902.00 | |||||
| Net Segment Asset | 11,11,509.00 | 11,11,509.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Steel | 16,438.00 | 16,438.00 | ||||
| 2 | Ferro Alloys | 21,106.00 | 21,106.00 | ||||
| 3 | Power | 3,09,624.00 | 3,09,624.00 | ||||
| 4 | Unallocated | 0.00 | 0.00 | ||||
| Total Segment Liabilities | 3,47,168.00 | 3,47,168.00 | |||||
| Un-allocable Liabilities | 37,227.00 | 37,227.00 | |||||
| Net Segment Liabilities | 3,84,395.00 | 3,84,395.00 | |||||
| Disclosure of notes on segments | Textual Information(2) | ||||||
| Textual Information(2) | Notes:- 1) The figures for the previous periods have been restated / regrouped, wherever necessary, to make them comparable. 2) Hydropower business is seasonal as such results are not comparable quarter on quarter. |
|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Items that will not be reclassified to profit and loss | 295.00 | (593.00) |
| Total Amount of items that will not be reclassified to profit and loss | 295.00 | (593.00) | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 122.00 | 10.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 173.00 | (603.00) |