profit from every ₹100 of sales.

The Sandur Manganese & Iron Ores
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay ₹13.62 for every ₹1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What The Sandur Manganese & Iron Ores sold, what it kept, and what it did with the cash.
Sales went from ₹21.1 billion in 2023 to ₹50.9 billion in 2026, with ₹6.57 billion of profit last year.
The Sandur Manganese & Iron Ores handed back 2% of the cash it generated last year.
The Sandur Manganese & Iron Ores vs. similar companies
The Sandur Manganese & Iron Ores grows the fastest of these 5 and is the cheapest for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
The Sandur Manganese & Iron Ores | 13.6× · Cheap | ||
Nucor | 32.5× · Expensive | ||
ArcelorMittal | 15.0× · Cheap | ||
JSW Steel | 14.8× · Cheap | ||
Steel Dynamics | 27.5× · Fair price |
AI analysis
An AI analyst reads The Sandur Manganese & Iron Ores's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 21,128 | 12,378 | 31,351 | 50,884 | |
| 7,809 | 7,717 | 20,230 | 29,550 | |
| 3,579 | 2,623 | 6,640 | 9,974 | |
| 4,516 | 3,977 | 8,619 | 12,516 | |
| 2,708 | 2,395 | 4,702 | 6,566 | |
| 5.62 | 4.93 | 9.67 | – | |
| 37.0% | 62.3% | 64.5% | 58.1% | |
| 16.9% | 21.2% | 21.2% | 19.6% | |
| 12.8% | 19.3% | 15.0% | 12.9% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 25,315 | 25,930 | 56,482 | 55,271 |
| Cash | 432 | 232 | 140 | 530 |
| Total debt | 2,061 | 1,329 | 18,898 | 9,994 |
| Total liabilities | 5,978 | 4,348 | 30,209 | 22,573 |
| 19,337 | 21,583 | 26,127 | 32,537 | |
| 482 | 486 | 486 | – | |
| 13.6% | 11.1% | 12.3% | 18.3% | |
| 14.0% | 11.1% | 18.0% | 20.2% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 1,424 | 1,531 | 8,406 | 11,427 | |
| 1,874 | 1,028 | 875 | 1,550 | |
| -450 | 503 | 7,530 | 9,877 | |
| Dividends paid | 136 | 135 | 162 | 203 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 13.6×
- –
- –
- 3.1×
- 1.8×
- 9.1×
- 7.9×
- 11.0%
- 7.3%
- 0.2%
Profitability
- 58.1%
- 19.6%
- 12.9%
- –
- 18.3%
- 13.8%
- –
- –
- –
- –
Growth
- +34.0%
- –
- –
- –
- +0.2%
Financial health
- 0.8×
- 0.31
- –
- 4.9×
- 1.16
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
3.1% of its profit
Room to growStretchedMore than it earns: 2.1%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
6/7Passes 6 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about The Sandur Manganese & Iron Ores
Is The Sandur Manganese & Iron Ores a good stock to buy?
A solid business, and the price looks low. 6 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the The Sandur Manganese & Iron Ores AI analysis
What does The Sandur Manganese & Iron Ores do?
The Sandur Manganese & Iron Ores Limited, together with its subsidiary, engages in the mining of manganese and iron ores in Deogiri village of Ballari District, Karnataka. It operates through three segments: Mining, Ferroalloys, and Coke and Energy. It is in Steel, based in Bengaluru, India.
Does The Sandur Manganese & Iron Ores pay a dividend?
Yes. At today's price the dividend is 0.2% a year, about 3% of its yearly profit. In 2026 it paid out ₹203 million in dividends.
Is The Sandur Manganese & Iron Ores stock halal?
Yes. The Sandur Manganese & Iron Ores passes our halal screen: its business is permitted and its debt is 11% of its market value, under the 30% limit. How we check
How has The Sandur Manganese & Iron Ores stock done over the past year?
Down 9.9% over the past twelve months, to ₹184.00. It traded between ₹156.58 and ₹264.71 and is 30.5% below its high.
Who are The Sandur Manganese & Iron Ores's competitors?
The largest listed companies in the same industry are Nucor, ArcelorMittal, JSW Steel and Steel Dynamics. The peers table on this page compares their profit, growth and price with The Sandur Manganese & Iron Ores's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



