Sarda Energy & Minerals Limited (SARDAEN) AI Stock Analysis

Sarda Energy & Minerals Limited

(NSE:SARDAEN)

Select Model

Rating:74Outperform

Price Target:INR 494.00▲(15.11% Upside)

Action:reiterated

Date:08/24/26

Strong financial performance from revenue growth and cash flow improvements is the main positive driver, with fair valuation adding support; mixed technical signals provide a neutral offset.

Positive Factors

Stronger Equity BaseThe substantial expansion of the equity base strengthens balance-sheet resilience and provides a larger capital cushion against commodity-cycle volatility. It can also support continued investment in integrated operations while reducing reliance on external financing during weaker market conditions.

Negative Factors

Severe Revenue CyclicalityThe sharp FY2026 revenue contraction and lower operating profit demonstrate meaningful sensitivity to steel and alloy demand and pricing cycles. Such volatility can weaken earnings visibility, reduce operating leverage, and make sustained profitability harder during unfavorable industry conditions.

Sarda Energy & Minerals Limited (SARDAEN) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 179.61B
Dividend Yield: 0.45%
Average Volume (3M): 53.54K
Price to Earnings (P/E): 13.8
Beta (1Y): 0.72
Revenue Growth: 5.90%
EPS Growth: 20.78%
Country: India
Employees: 1,507
Sector: General
Sector Strength: 55
Industry: Steel

Sarda Energy & Minerals Limited Business Overview & Revenue Model

Company Description

Sarda Energy & Minerals Limited (SEM) is an Indian industrial conglomerate primarily engaged in the manufacturing and distribution of steel products. Its diverse operations are structured across three key segments: Steel, Ferroalloys, and Power. The...

How the Company Makes Money

SARDAEN primarily makes money by producing and selling metal products and related industrial outputs across multiple, vertically connected business lines. A key revenue stream comes from the sale of steel and downstream steel products manufactured at...

Sarda Energy & Minerals Limited Financial Statement Overview

Summary

Robust revenue and net income growth, reduced leverage with declining debt-to-equity, and strong positive operating cash flows support solid financial health despite minor fluctuations.

Income Statement

85Very Positive

Balance Sheet

80Positive

Cash Flow

82Very Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	56.54B	56.90B	46.65B	38.82B	42.16B	39.19B
Gross Profit	24.14B	22.10B	20.35B	14.40B	16.85B	18.06B
EBITDA	20.05B	20.81B	12.49B	8.01B	10.56B	13.45B
Net Income	11.30B	11.06B	7.00B	5.23B	6.02B	8.04B
Balance Sheet
Total Assets	0	113.71B	101.25B	60.02B	54.81B	52.98B
Cash, Cash Equivalents and Short-Term Investments	23.80B	23.80B	12.57B	13.26B	7.97B	7.33B
Total Debt	0	26.32B	28.61B	13.66B	14.07B	15.81B
Total Liabilities	-74.76B	38.94B	37.32B	20.08B	19.71B	21.90B
Stockholders Equity	74.76B	73.70B	62.86B	38.89B	34.10B	30.04B
Cash Flow
Free Cash Flow	10.35B	12.78B	3.95B	4.87B	4.85B	6.35B
Operating Cash Flow	12.73B	16.16B	8.86B	7.52B	7.01B	9.17B
Investing Cash Flow	-9.35B	-12.85B	-21.32B	-4.34B	-4.31B	-4.01B
Financing Cash Flow	-3.57B	-2.81B	12.00B	-2.22B	-4.79B	-3.31B

Sarda Energy & Minerals Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price429.15

Price Trends

50DMA494.29Negative

100DMA500.92Negative

200DMA515.51Negative

Market Momentum

MACD-13.90Positive

RSI31.18Neutral

STOCH25.74Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SARDAEN, the sentiment is Negative. The current price of 429.15 is below the 20-day moving average (MA) of 473.94, below the 50-day MA of 494.29, and below the 200-day MA of 515.51, indicating a bearish trend. The MACD of -13.90 indicates Positive momentum. The RSI at 31.18 is Neutral, neither overbought nor oversold. The STOCH value of 25.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SARDAEN.

Sarda Energy & Minerals Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:SARDAEN against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:SANDUMA	74Outperform	INR 78.75B	10.96	―	0.31%	45.22%	45.66%
IN:SARDAEN	74Outperform	INR 155.36B	13.76	―	0.45%	5.90%	20.78%
IN:GPIL	60Neutral	INR 129.90B	14.71	―	0.52%	8.43%	13.22%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:IMFA	54Neutral	INR 58.87B	11.23	―	1.14%	23.64%	46.48%
IN:KIOCL	53Neutral	INR 197.73B	498.77	―	―	27.42%	―
IN:SHYAMMETL	52Neutral	INR 324.85B	28.86	―	0.38%	22.76%	21.47%

* General Sector Average

Performance Comparison

IN:SARDAEN and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:SARDAEN	Sarda Energy & Minerals Limited	440.90	-103.27	-18.98%
IN:GPIL	Godawari Power & Ispat Ltd.	192.95	-88.69	-31.49%
IN:IMFA	Indian Metals & Ferro Alloys Ltd.	1091.10	-106.25	-8.87%
IN:KIOCL	KIOCL Ltd	325.35	-107.10	-24.77%
IN:SANDUMA	Sandur Manganese & Iron Ores Ltd	162.00	-63.10	-28.03%
IN:SHYAMMETL	Shyam Metalics & Energy Ltd.	1163.80	264.96	29.48%

Sarda Energy & Minerals Limited Corporate Events

Sarda Energy & Minerals Holds 53rd AGM, Approves FY26 Accounts and Dividend

Sep 24, 2026

Sarda Energy & Minerals Limited held its 53rd Annual General Meeting on September 24, 2026, via video conferencing, with Chairman Kamal Kishore Sarda presiding and confirming the presence of the full board, statutory and secretarial auditors, and...

Sarda Energy & Minerals Says Share Volume Surge Is Market-Driven, Affirms Compliance

Aug 14, 2026

Sarda Energy & Minerals Limited, a certified producer in the steel and minerals space, operates under ISO 9001, ISO 14001 and ISO 45001 standards. Listed on the National Stock Exchange of India as SARDAEN, the company stresses its commitment to t...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 24, 2026

Sarda Energy & Minerals Limited AI Stock Analysis