Sarda Energy & Minerals Limited · NSE:SARDAEN
Sarda Energy & Minerals — H1 FY27 Earnings Presentation
36 slides from Sarda Energy & Minerals's earnings presentation, November 2026
Slide 1: From Momentum to Multiplication
From Momentum to Multiplication Investor Presentation Q2 & H1 FY27 November 2026 Real Images of SEML Assets
Slide 2: 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 3: Q2 & H1 FY27 Highlights, Strategic Direction, Business Overview, Annexures
Q2 & H1 FY27 Highlights Strategic Direction IMAGES TO BE REPLACED WITH ACTUALS Business Overview Annexures Real Images of SEML Assets
Slide 4: Q2 & H1 FY27 Highlights
Q2 & H1 FY27 Highlights QSARDA eee
Slide 5: Performance Highlights | Resilient Operations
Performance Highlights | Resilient Operations Q2FY27 Consolidated Highlights* Total Income EBITDA Profit After Tax Cash Profit Rs. 1,505 Cr Rs. 564 Cr Rs. 320 Cr Rs. 512 Cr -5.7% YoY Growth -2.7% YoY Growth -2.2% YoY Growth -0.6% YoY Growth Highest-ever half-yearly EBITDA of ₹1,326 crore, despite pl
Slide 6: A New Milestone | Mining Expansion into Manganese Ore
A New Milestone | Mining Expansion into Manganese Ore Sarda Metals & Alloys Limited (100% subsidiary of SEML) declared preferred bidder for Avagudem Expired Manganese ore Mining Lease Block. Particulars Details Location Avagudem, Vizianagaram district, Andhra Pradesh Estimated reserves 0.70 MT of ma
Slide 7: Management Commentary
Management Commentary Mr. Pankaj Sarda Managing Director ‘‘ Despite the planned operational shutdowns at some of our facilities, we delivered a resilient performance during H1 FY27 achieving our highest-ever half-yearly EBITDA. This reflects the inherent strength of our underlying businesses, the st
Slide 8: Q2 & H1 FY27 Consolidated Financial Snapshot
Q2 & H1 FY27 Consolidated Financial Snapshot Steady earnings momentum despite operational shutdowns reflects strength of the diversified business portfolio Income from Operations (Rs. Cr) EBIT (Rs. Cr) PAT (Rs. Cr) Cash PAT (Rs. Cr) 516 1,528 1453 474 500 512 328 16% 10% 320 Q2 FY27* 27% 25% 13% 14%
Slide 9: Production Trend
Production Trend Production (MT & Mn kWh) Q2 FY27 Q2 FY26 YoY % Q1FY27 QoQ % H1 FY27 H1 FY26 YoY % Iron Ore Pellet 2,04,962 1,94,607 5% 2,24,097 -9% 4,29,059 4,24,982 1% Sponge Iron 79,546 86,529 -8% 76,712 4% 1,56,258 1,70,788 -9% Steel Billet 29,458 57,137 -48% 19,079 54% 48,537 1,11,234 -56% Wire
Slide 10: Sales Trend
Sales Trend Sales (MT & Mn kWh) Q2 FY27 Q2 FY26 YoY % Q1FY27 QoQ % H1 FY27 H1 FY26 YoY % Iron Ore Pellet 1,05,831 1,14,569 -8% 1,16,983 -10% 2,22,815 2,54,219 -12% Sponge Iron 50,352 32,944 53% 63,701 -21% 1,14,054 64,642 76% Steel Billet 4,280 11,882 -64% 6,040 -29% 10,320 22,832 -55% Wire Rod (M.S
Slide 11: Consolidated P&L Highlights
Consolidated P&L Highlights Particulars (Rs. Cr) Q2 FY27 Q2 FY26 YoY % QoQ % H1 FY27 H1 FY26 YoY % Revenue from Operations 1453 1,528 1,608 3061 3,161 Other Income 52 68 108 160 148 Total Income 1,505 1,596 -5.7% 1,717 -12.3% 3,221 3,309 -2.6% Raw Material 666 758 669 1336 1,546 Employee Expenses 57
Slide 12: Standalone P&L Highlights
Standalone P&L Highlights Q2 FY27 Q2 FY26 YoY % Q1FY27 QoQ % H1 FY27 H1 FY26 YoY % Revenue from Operations 1057 1,092 1,163 2220 2,399 Other Income 35 68 70 105 139 Total Income 1,093 1,161 -5.9% 1,233 -11.4% 2,325 2,538 -8.4% Raw Material 588 578 551 1138 1,194 Employee Expenses 42 39 44 86 78 Othe
Slide 13: Financial Prowess Marks a Promising Outlook for Growth
Financial Prowess Marks a Promising Outlook for Growth Strong financial position reinforced by CRISIL rating upgrades to AA/Stable for SEML and AA−/Stable for SMAL Standalone Debt (Rs. Cr) Consolidated Debt (Rs. Cr) Consolidated TOL/NW (x) Gross Debt Net Debt Gross Debt Net Debt TOL/NW Net Debt/EBIT
Slide 14: Strategic Direction
Strategic Direction QSARDA eee
Slide 15: Building Scale: Accelerating Capacity Expansion
Building Scale: Accelerating Capacity Expansion Plans to double energy capacity and quadruple mining capacity by FY30 2021 vs 2030 Target 9.0x 7.0x FY30E Capacity Energy Capacity Coal Mining Capacity FY26 FY21 Base Thermal 162 MW 5X Thermal 762 MW 2X Thermal 1,362 MW Renewable 30 MW 6X Renewable 168
Slide 16: 2X EBITDA Road Map
2X EBITDA ROAD MAP Target to double EBITDA* over the medium term through disciplined execution, operational excellence and a diversified, future-ready portfolio Capacity Expansion Operational Excellence Experienced Management Capital Optimisation • Scale-up consolidated power • Enhance low-cost and
Slide 17: Sector Tailwinds Fueling SEML's Next Phase
Sector Tailwinds Fueling SEML’s Next Phase Manufacturing & Energy Security & Semiconductor Push Import Substitution • India’s vision of Viksit Bharat 2047 is anchored in a • Geopolitical tensions and structural energy supply risks strong push towards domestic manufacturing led by have increased Indi
Slide 18: Business Overview
Business Overview SARDA es
Slide 19: Sarda Energy: A Diversified & Integrated Business Built for Sustainable Growth
Sarda Energy: A Diversified & Integrated Business Built for Sustainable Growth Integrated Value Chain Energy Minerals Metals Thermal Power Iron Ore Mine Steel Products Hydro Power Coal Mines Ferro Alloy Solar Energy Manganese Mine Value-Added Key Highlights Key Highlights Key Highlights • Contribute
Slide 20: Geographical Footprint
Geographical Footprint Strategically Located Across Resource-Rich Belts Well-Placed Manufacturing Network Across High-Demand Markets Diversified Capacity Base (Sep’26) Integrated Steel & Downstream Ferro Alloys ~1 MTPA 147 MVA Thermal Power Hydro Power 761.5 MW 168 MW Solar Power* Iron Ore Mine 50 M
Slide 21: Energy - The Core Vertical - Thermal Power Assets of 761.5 MW
Energy - The Core Vertical - Thermal Power Assets of 761.5 MW (1/2) IPP (Commercial) CPP (Captive) Add plant photograph Upcoming Capacity Plans to double capacity at IPP Binjkot to 4x300 MW; approval Location Binjkot, Chhattisgarh Siltara, Chhattisgarh Visakhapatnam process underway Dismissal of rev
Slide 22: Energy - The Core Vertical - Hydro Power Assets of ~167 MW
Energy - The Core Vertical - Hydro Power Assets of ~167 MW (2/2) Parvatiya Power Chhattisgarh Hydro Madhya Bharat Power Upcoming Capacity Subsidiary Limited Power LLP Corporation Limited 24.9 MW- Kotaiveera, Chhattisgarh Project on IB river, land acquisition in progress 24.0 MW - Mand, Chhattisgarh
Slide 23: Minerals Assets - Next Lever For Growth
Minerals Assets - Next Lever For Growth Iron Ore Mine Coal Mines Coal Washery Upcoming Capacity Manganese ore Mine Avagudem, Andhra Pradesh – Manganese Block Iron ore Mine Surjagad, Maharashtra - Block 1 PT. Tigadaya Minerx, Composite license executed Rajnandgaon, Gare Palma IV/7, Raigarh, Location
Slide 24: Metals: Well-Established, Vertically Integrated Business
Metals: Well-Established, Vertically Integrated Business Pellets Sponge Iron Billets Wire Rods HB Wires Ferro Alloys Location Chhattisgarh Chhattisgarh Visakhapatnam Semi finished steel HB Wires- Wire Produced from Produced from Hot rolled product product, produced rods are cold Ferro manganese and
Slide 25: Strong Governance with Experienced Board
Strong Governance with Experienced Board Pankaj Sarda Padam Kumar Jain Anant Sarda Amal Kumar Debnath Managing Director Director & CFO Non-Independent Non- Independent Non-Executive Executive Director Director M.S. in Industrial Engineering CA, CS with experience of 39 Former CMD, Central Mine with
Slide 26: Corporate Social Responsibility
Corporate Social Responsibility
Slide 27: 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 • Zero Incident Rate Achieved in H1 FY27 • Support to NGOs like “Pariwar”, Best Company in the Entire Eastern Region • Conducting trainings on safet
Slide 28: Social Initiatives
Social Initiatives Education & Sports Women’s Empowerment Community Development & Health Aurobindo School inauguration, 12 August 2026 Sewing training for women and girls Community hall construction at Mandhar Aurobindo School, Kachna, inaugurated by the 250 girls enrolled in self-defence training a
Slide 29: Historical Performance
Historical Performance QSARDA eee
Slide 30: SEML's Transformation Journey
SEML’s Transformation Journey Our Goal Building scale, diversifying capabilities and creating long-term value SIGNIFICANT VALUE CREATION 2x jump in Revenue from Rs. 2,343 cr in FY21 to Rs 5,928 cr in FY26; CAGR of 20% FY21 FY22-25 FY26 3x jump in EBITDA from Rs. 664 cr in FY21 to Rs 2,025 cr in FY26
Slide 31: Consolidated P&L – Driving Profitable Growth with Long-Term Sustainability
Consolidated P&L – Driving Profitable Growth with Long-Term Sustainability Particular (Rs. Cr) FY23 FY24 FY25 FY26 H1 FY27 Revenue from Operations 4,212 3,868 4,643 5,690 3,061 Other Income 49 184 172 237 160 Total Income 4,261 4,052 4,815 5,928 3,221 Raw Material 2,495 2,407 2,573 2,918 1,336 Emplo
Slide 32: Consolidated BS & Cash Flow – Prudent Capital Deployment and Strong Liquidity Profile
Consolidated BS & Cash Flow – Prudent Capital Deployment and Strong Liquidity Profile Particular (Rs. Cr) Mar-23 Mar-24 Mar-25 Mar-26 Sep-26 Share Capital 35 35 35 35 35 Tangible Networth 3,375 3,853 6,251 7,335 8,036 Minority Interest 100 106 106 106 141 Long Term Borrowings 1,063 1,058 2,342 2,134
Slide 33: Energy | Generation and Sales
Energy | Generation and Sales Highest Ever Annual Generation and Sales in FY26 Thermal Power (Mn KwH) Hydro Power (Mn KwH) 5,458 661 643 532 494 505 482 473 3,833 452 458 450 3,482 2,619 2,096 1,908 1,083 1,262 71 81 FY23 FY24 FY25^ FY26 H1 FY27 FY23 FY24 FY25 FY26 H1 FY27 Generation Sales Generatio
Slide 34: Metals | Production and Sales
Metals | Production and Sales Highest Ever Annual Production of Iron Ore Pellets, Sponge Iron, H.B. Wire in FY26 Iron Ore Pellets Sponge Iron Steel Billet 345 228 229 800 810 819 826 316 319 205 205 290 522 517 501 443 429 156 143 103 118 114 223 82 48 33 31 31 39 10 FY23 FY24 FY25 FY26 H1 FY27 FY23
Slide 35: Share Price Information
Share Price Information Sarda Energy & Minerals BSE 150 MidCap NSE 150 Midcap Price chart base to 100 140 130 120 110 100 90 80 70 60 50 40 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 Jul-26 Aug-26 Sep-26 Capital Market Information (as on 29-Oct-2026) Highest Ever Dividend in FY26
Slide 36: Thank You
Thank You Mr. Nilay Joshi (Executive Director) Akshay Hirani [email protected] [email protected] 125 B-Wing Mittal Court, Nariman Point, Mumbai 400 021 City Hall, Oasis Complex, Kamala Mills Compound, Pandurang www.seml.co.in Budhkar Marg, Lower Parel West, Mum-13 www.adfactorspr.com
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