Sarda Energy & Minerals Limited · NSE:SARDAEN
Sarda Energy & Minerals — Q4 FY25 Earnings Presentation
40 slides from Sarda Energy & Minerals's earnings presentation, May 27, 2025
Slide 1: Exchange filing cover letter for Q4 & FY25 investor presentation
An ISO 9001, ISO 14001 & ISO 45001 Certified Company SARDA ENERGY & MINERALS LTD. 27th May 2025 BSE Ltd National Stock Exchange of India Ltd. The Department of Corporate Services Exchange Plaza, Bandra Kurla Complex Phiroze Jeejeebhoy Towers Bandra (E), Mumbai – 400051 Dalal Street – Mumbai 400 001
Slide 2: Expanding Horizons of Growth
Expanding Horizons of Growth Minerals | Energy | Metals Investor Presentation | Q4 & FY25
Slide 3: Safe Harbour Statement
Safe Harbour Statement This presentation and the accompanying slides (the “Presentation”), which have been prepared by Sarda Energy & Minerals Ltd (the “Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities
Slide 4: Table of Content
Table of Content Q4 & FY25 - Key Highlights SEML – Beyond Steel Sustainable Growth Strategy Corporate Social Responsibility Historical Financials 3
Slide 5: Q4 & FY25 Highlights
SARDA SARDA ENERGY & MINERALS LTD.
Slide 6: Key Business Highlights
Key Business Highlights Segment-wise EBIT Mix (%) ❖ Thermal IPP, Binjkot - 2x300 MW (erstwhile SKS Power): • FY25 consolidated financials incorporate only seven months (from 22-Aug-24) of performance • Notably, the financials exclude the first quarter which is traditionally the period with the highe
Slide 7: Consolidated - Performance Highlights
Consolidated - Performance Highlights Revenue EBITDA Profit After Tax Cash Profit* Q4FY25 Rs 1,239 Cr Rs 317 Cr Rs 100 Cr Rs 253 Cr (24.7% Margin) (7.8% Margin) 39% YoY 62% YoY 14% YoY 89% YoY Rs 4,643 Cr Rs 1,410 Cr Rs 702 Cr Rs 1199 Cr FY25 (29.3% Margin) (14.6% Margin) 20% YoY 44% YoY
Slide 8: Production Trend
Production Trend Production (‘000 MT) Q4FY25 Q4FY24 YoY % Q3FY25 QoQ % FY25 FY24 YoY % Iron Ore Pellet 187 195 -4% 206 -9% 819 810 1% Sponge Iron 69 78 -11% 87 -21% 319 316 1% Steel Billet 40 54 -26% 61 -35% 205 229 -10% Wire Rod 27 47 -42% 53 -48% 169 193 -13% H. B Wires 9 9 3% 8 6% 35 38 -9% Ferro
Slide 9: Sales Trend
Sales Trend Sales (‘000 MT) Q4FY25 Q4FY24 YoY % Q3FY25 QoQ % FY25 FY24 YoY % Iron Ore Pellet 115 128 -10% 126 -9% 501 517 -3% Sponge Iron 32 30 8% 26 22% 118 103 15% Steel Billet 11 6 99% 7 66% 31 31 -1% Wire Rod 18 39 -54% 44 -58% 133 154 -14% H. B Wires 9 9 5% 9 0% 35 38 -7% Ferro Alloys 46 46 1%
Slide 10: Realization Trend
Realization Trend Steel Products’ Realization Trend 2,786 2,162 3,994 2,849 2,530 2,182 3,595 4,071 3,414 4,231 15,125 13,370 13,822 14,424 14,990 Value Addition 16,716 18,028 16,053 15,522 15,240 9,460 9,634 9,151 9,142 9,341 Realization Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Iron Ore Pellet Sponge Iro
Slide 11: Consolidated P&L Highlights
Consolidated P&L Highlights Particulars (Rs Cr) Q4FY25 Q4FY24 YoY Q3FY25 QoQ FY25 FY24 YoY Revenue from Operations 1,239 889 39% 1,319 -6% 4,643 3,868 20% Other Income 47 43 0 172 184 Total Income 1,286 933 38% 1,319 -3% 4,815 4,052 19% Raw Material 731 571 727 2,573 2,407 Employee Expenses 51 34 47
Slide 12: Standalone P&L Highlights
Standalone P&L Highlights Particulars (Rs Cr) Q4FY25 Q4FY24 YoY Q3FY25 QoQ FY25 FY24 YoY Revenue from Operations 1,013 670 51% 1,047 -3% 3,484 2,733 27% Other Income 15 30 7 120 185 Total Income 1,028 700 47% 1,053 -2% 3,604 2,919 23% Raw Material 571 425 581 1,950 1,792 Employee Expenses 40 25 36 1
Slide 13: SEML | Beyond Steel
SARDA SARDA ENERGY & MINERALS LTD.
Slide 14: Our Remarkable Journey Spanning Five Decades
Our Remarkable Journey Spanning Five Decades ▪ Continued expansion of capacities across Steel and Ferro Products ▪ 4.8 MW Hydro power ▪ 113 MW Sikkim Hydro Power plant plant commissioned in commissioned in Jun-21 ▪ Company started 24 2008-09 ▪ Gare Palma IV/7 Coal Mine MW captive power commissioned
Slide 15: Building Blocks - for Sustainable Growth
Building Blocks - for Sustainable Growth ₹ Vertical Integration Diversification Financial Prowess Strong Focus on ESG For business sustainability To Reduce Input Costs and Marks a Promising Building a Legacy of and to capitalize on Ensure Consistent Supply Outlook For Growth Responsibility emerging
Slide 16: Vertical Integration – To Reduce Input Cost and Optimise Value Addition
Vertical Integration – To Reduce Input Cost and Optimise Value Addition Backward Integration Minerals Energy Metals • Iron Ore Mine • Captive Use • Steel Products • Coal Mines Waste Heat + Solar* + Thermal • Ferro Alloys • Commercial Use Thermal + Hydro Forward Integration Acquired SKS Power which h
Slide 17: Diversified Business Model with Strategically Located Assets
Diversified Business Model with Strategically Located Assets With a robust presence spanning Minerals, Energy and Metal, we are strategically positioned to capitalize on the emerging opportunities, particularly in Minerals and Energy Sectors Minerals Energy Metals Iron Ore Coal Thermal Hydro Solar S
Slide 18: Financial Prowess Marks a Promising Outlook for Growth
Financial Prowess Marks a Promising Outlook for Growth Standalone Debt (Rs Cr) Consolidated Debt (Rs Cr) Consolidated TOL/NW (x) Gross Debt Net Debt Gross Debt Net Debt 1499 2,823 0.99 Comfortable liquidity 655 0.73 supported by strong internal 134 1,566 0.58 0.59 1,366 0.52 cash generation and a ro
Slide 19: Strong Focus on ESG
Strong Focus on ESG Hydro Power • Existing Hydropower portfolio of ~142 MW and 24.9 MW Rehar Hydropower has been synchronized with the Grid and commenced trial production of power on 10th Jan 2025. • Few more small hydropower projects are under different stages of approval. Waste Heat Power • Existi
Slide 20: Well-Experienced and Strong Leadership Team at the Helm
Well-Experienced and Strong Leadership Team at the Helm Kamal Kishore Sarda Pankaj Sarda Padam Kumar Jain Manish Sarda Neeraj Sarda Chairman Managing Director Director & CFO DMD, SMAL DMD, SMAL Mechanical Engineer with 48 Mechanical Engineer with 21 CA, CS with a rich experience MBA in International
Slide 21: Sustainable Growth Strategy
Sustainable Growth Strategy
Slide 22: Minerals (Iron Ore) - Captive Use in Steel Manufacturing
1. Minerals (Iron Ore) - Captive Use in Steel Manufacturing; Continuing Expansion Operational Capacity Upcoming Capacity 1 Block 1 Block The horizon of growth… Rajnandgaon, Chhattisgarh Unexplored block at Surjagad-1, Maharashtra We achieved a significant milestone in our Meets ~35% of the captive r
Slide 23: Minerals (Coal) - Captive Use in Thermal Power Plants
1. Minerals (Coal) - Captive Use in Thermal Power Plants; Continuing Expansion Operational Capacity Upcoming Capacity 1.80 MTPA - 5.20 MTPA, Gare Palma IV/7 1.68 MTPA, Gare Palma IV/7 The horizon of growth… Expected capacity expansion to 1.80 MTPA Received consent to operate (CTO) for increase in Q1
Slide 24: Energy (Captive Use) - Meets 100% of in-house Power Requirement
2. Energy (Captive Use) - Meets 100% of in-house Power Requirement Thermal Power Solar Power Operational Capacity Upcoming 2*300 MW Capacity The horizon of growth… 81.5 MW 50 MW, Chhattisgarh Chhattisgarh We are developing a 50 MW Solar Power Plant in Siltara Plant (60 MW coal and 21.5 MW Work in pr
Slide 25: Energy (Commercial) - Acquired SKS Power having 2x300 MW
2. Energy (Commercial) - Acquired SKS Power having 2x300 MW of Thermal Capacity Operational Capacity 2x300 MW, Chhattisgarh The horizon of growth… 13-Aug-2024: NCLT approved the resolution plan of SEML for SKS Power Generation (Chhattisgarh) Ltd The acquisition of SKS Power marks a major (SKS) under
Slide 26: Energy (Commercial) - Operational Hydro Power Assets of ~167 MW
2. Energy (Commercial) - Operational Hydro Power Assets of ~167 MW Operational Capacity Upcoming Capacity 4.8 MW, Sarju, Uttarakhand 24.9 MW, Kotaiveera, Chhattisgarh The horizon of growth… 24 MW, Gullu, Chhattisgarh Project is based on IB river and is in approval stage. The 24.9 MW plant on the Reh
Slide 27: Metals | Stable, Fully-integrated Business
3. Metals | Stable, Fully-integrated Business Steel Ferro Alloys Pellets - 9 lac MT Vishakhapatnam (SMAL) - Exports The horizon of growth… 25-30% - Captive Consumption 2*33 MVA Cost reduction and carbon footprint mitigation 1*36 MVA Sponge Iron - 3.6 lac MT initiatives like the Mineral Wool Project,
Slide 28: Corporate Social Responsibility
Corporate Social Responsibility
Slide 29: Focus on Safety, Health & Social Responsibility
Focus on Safety, Health & Social Responsibility 01 02 03 Health & Safety No. of Incidents Social Responsibility • SEML awarded - Appreciation Award for • Incident rate has seen a declining trend • Adopted 50 single-teacher schools in the Best Company in the Entire Eastern Region over past few years
Slide 30: Education, Culture and Arts
Education, Culture and Arts ▪ Supported Parivaar Education Trust for Shiksha Kutir Project ▪ Renovated School Boundary Wall at Mandhar ▪ Supported R.K. Sarda Trust for Education development. ▪ Organized Fire Safety and First Aid Awareness session at 3 schools ▪ Teachers in government schools in Silt
Slide 31: Healthcare and Infrastructure
Healthcare and Infrastructure ▪ Donated a mobile van for the Netra Sahayta Program of Shri Ganesh Vinayak ▪ Supplied eco-friendly bricks to Kurra Panchayat for garden Foundation. development next to the school and to Siltara Panchayat for leveling ▪ Eye Camp with Shri Ganesh Vinayak Foundation at Ne
Slide 32: Livelihood, Environmental & Economic Sustainability
Livelihood, Environmental & Economic Sustainability ▪ Promoted mushroom cultivation for income generation of women SHG ▪ Supported marriage of girls from underprivileged families. ▪ Started costume jewellery training for women SHG at Siltara ▪ Organized Sewing Training of women SHG ▪ Awareness sessi
Slide 33: Historical Financials
SARDA SARDA ENERGY & MINERALS LTD.
Slide 34: Consolidated P&L – Consistent Growth with High Profit Margins
Consolidated P&L – Consistent Growth with High Profit Margins Particular (Rs Cr) FY21 FY22 FY23 FY24 FY25 Revenue from Operations 2,199 3,914 4,212 3,868 4,643 Other Income 144 50 49 184 172 Total Income 2,343 3,964 4,261 4,052 4,815 Raw Material 1,347 2,086 2,495 2,407 2,573 Employee Expenses 89 11
Slide 35: Consolidated BS & Cash Flow – Conservative Capital Structure
Consolidated BS & Cash Flow – Conservative Capital Structure and Strong Liquidity Profile Particular (Rs Cr) Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Share Capital 36 36 35 35 35 Tangible Networth 2,182 2,968 3,375 3,853 6,251 Minority Interest 101 104 100 106 106 Long Term Borrowings 1,493 1,196 1,063 1,
Slide 36: Metals | Production and Sales
Metals | Production and Sales Iron Ore Pellets Sponge Iron Steel Billet 228 229 800 810 819 316 319 192 205 741 291 294 290 177 619 488 522 517 501 426 131 121 118 82 103 26 26 33 31 31 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Wire Rod H. B. Wires Ferro Alloys 39 40
Slide 37: Energy | Generation and Sales
Energy | Generation and Sales Thermal Power (Mn KwH) Hydro Power (Mn KwH) 3,482 532 494 508 482 476 452 423 423 2,096 1,262 964 1,079 1,083 129 129 103 76 71 81 FY21 FY22 FY23 FY24 FY25^ FY21 FY22** FY23 FY24 FY25 Generation Sales Generation Sales* *Includes only the contractual power sales under lo
Slide 38: Details of Existing Hydropower Assets of ~167 MW
Details of Existing Hydropower Assets of ~167 MW Parvatiya Power Madhya Bharat Power Subsidiary Chhattisgarh Hydro Power LLP Annuity-like Revenue (Rs Cr) with Limited Corporation Limited high EBITDA Margin (%) Location Uttarakhand Chhattisgarh Sikkim Capacity 4.8 MW 24 MW 24.9 MW 113 MW 88% Name of
Slide 39: Share Price Information
Share Price Information BSE 150 MidCap Sarda Energy & Minerals NSE 150 Midcap Price chart base to 100 300 250 200 201 150 115 114 100 50 - May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Capital Market Information (as on 23-May-25) Consistently Increasing D
Slide 40: Thank You
THANK YOU Mr. Nilay Joshi (Executive Director) Ms. Pooja Sharma / Mr. Ankit Jain njoshi@sardagroup.co.in pooja.sharma@stellar-ir.com / ankit@stellar-ir.com 125 B-Wing Mittal Court, Nariman Point, Mumbai 400 021 A-405, Kanakia Wall Street, Andheri (East), Mumbai 400 093 www.seml.co.in www.stellar-ir.
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