Is Sandur Manganese & Iron Ores a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sandur Manganese & Iron Ores Ltd is a good quality company .

Is Sandur Manganese & Iron Ores undervalued or overvalued?

The key valuation ratios of Sandur Manganese & Iron Ores Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Sandur Manganese & Iron Ores share price return in the past 10 years?

Sandur Manganese & Iron Ores Ltd share price has appreciated 29.7% annually (CAGR) over the past ten years.

Is Sandur Manganese & Iron Ores a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sandur Manganese & Iron Ores Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Sandur Manganese & Iron Ores?

The latest standalone P/E ratio of Sandur Manganese & Iron Ores as of 20-Dec-2024 is 18.87.

What is the P/B ratio of Sandur Manganese & Iron Ores?

The latest standalone P/B ratio of Sandur Manganese & Iron Ores as of 20-Dec-2024 is 2.85.

What is the 52-week high and low of Sandur Manganese & Iron Ores?

The 52-week high of Sandur Manganese & Iron Ores is Rs. 636.15 and the 52-week low is Rs. 330.60.

Sandur Manganese & Iron Ores Ltd - Stock Valuation and Financial Performance

Name: Sandur Manganese & Iron Ores
Brand: Sandur Manganese & Iron Ores

BSE: 504918 | NSE: SANDUMA | Mining & Minerals | Small Cap

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Sandur Manganese Share Price

₹407.90 -10.55 -2.52%
as on 20-Dec'24 16:59

10 Year X-Ray of Sandur Manganese:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	6.2%	-1.3%	23.1%	35.3%	37.4%	21.1%	22.4%	57.4%	18.9%	15.6%	-
Value Creation Index ⓘ	-0.6	-1.1	0.7	1.5	1.7	0.5	0.6	3.1	0.4	0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	295	222	422	608	702	592	747	2,249	2,126	1,252	1,567
Sales YoY Gr.	-	-24.5%	89.9%	44%	15.5%	-15.7%	26.2%	201.2%	-5.5%	-41.1%	-
Adj EPS ⓘ	1	-1	3.6	6.8	9.4	9.7	9.6	41.8	18	14.7	21.6
YoY Gr.	-	-198%	NA	91.3%	38%	3.1%	-1.3%	337.5%	-57%	-18.6%	-
BVPS (₹) ⓘ	24.8	23.7	27.6	33.9	45	53.6	61.7	103.1	119.3	133.1	143.1
Adj Net Profit ⓘ	15.5	-15.2	55.7	107	147	152	154	673	292	238	350
Cash Flow from Ops. ⓘ	29.9	3	80.3	122	169	-13.3	340	837	143	154	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	-30.4	1.1	0.4	1.4	0.9	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	17.4%	12.3%	18.8%	-41.1%
Adj EPS ⓘ	34.9%	9.3%	15.3%	-18.6%
BVPSⓘ	20.5%	24.2%	29.2%	11.6%
Share Price	29.7%	62.9%	47.7%	-5.4%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	4.1	-4	13.9	22.2	23.9	19.7	16.8	50.8	16.2	11.6	15.7
Op. Profit Mgn % ⓘ	8.9	0.2	21.5	27.3	32.8	34.1	36.5	43.3	19.9	25.6	29
Net Profit Mgn % ⓘ	5.3	-6.8	13.2	17.5	21	25.6	20.6	29.9	13.7	19	22.4
Debt to Equity ⓘ	0	0	0	0	0	0.5	0.4	0.2	0.1	0.1	0.1
Working Cap Days ⓘ	495	667	256	109	109	191	457	237	245	476	214
Cash Conv. Cycle ⓘ	69	72	33	7	-21	-8	-47	-67	-15	30	165

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 18.81%

Net Profit is growing at healthy rate in last 3 years 15.32%

Return on Equity has declined versus last 3 years average to 15.70%

Sales growth is not so good in last 4 quarters at 9.26%

Latest Financials - Sandur Manganese & Iron Ores Ltd.

	Standalone	Consolidated
TTM EPS (₹)	21.6	21.6
TTM Sales (₹ Cr.)	1,567	1,567
BVPS (₹.) ⓘ	143.1	143.1
Reserves (₹ Cr.) ⓘ	2,173	2,156
P/BV ⓘ	2.85	2.85
PE ⓘ	18.87	18.92

From the Market
52 Week Low / High (₹)	330.60 / 636.15
All Time Low / High (₹)	0.98 / 636.15
Market Cap (₹ Cr.)	6,609
Equity (₹ Cr.)	162
Face Value (₹)	10
Industry PE ⓘ	13.6

Management X-Ray of Sandur Manganese:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Sandur Manganese

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Sandur Manganese

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	295	222	422	608	702	592	747	2,249	2,126	1,252
Operating Expenses ⓘ	270	222	331	442	478	396	475	1,275	1,733	932
Manufacturing Costs	140	80	70	80	91	85	76	117	124	123
Material Costs	13	32	75	132	131	50	121	781	1,162	178
Employee Cost	57	55	65	83	82	92	102	113	128	171
Other Costs ⓘ	60	55	121	147	174	170	176	264	320	459
Operating Profit ⓘ	24	0	91	166	224	195	272	974	393	320
Operating Profit Margin (%)	8.3%	0.2%	21.5%	27.3%	31.9%	33.0%	36.4%	43.3%	18.5%	25.6%
Other Income ⓘ	4	5	9	11	19	29	46	36	59	82
Interest ⓘ	2	0	7	5	6	31	41	38	28	20
Depreciation ⓘ	5	4	7	7	13	19	27	56	64	58
Exceptional Items ⓘ	0	-6	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	21	-5	85	165	224	175	250	915	359	324
Tax ⓘ	7	9	30	58	77	27	96	240	88	86
Profit After Tax	14	-14	56	107	147	147	154	675	271	238
PAT Margin (%)	4.9%	-6.4%	13.2%	17.5%	21.0%	24.9%	20.6%	30.0%	12.7%	19.0%
Adjusted EPS (₹)	0.9	-0.9	3.6	6.8	9.4	9.4	9.6	41.9	16.7	14.7
Dividend Payout Ratio (%)	18%	-18%	8%	6%	4%	4%	6%	1%	5%	7%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	388	370	432	530	704	839	993	1,659	1,934	2,157
Share Capital ⓘ	9	9	9	9	9	9	9	9	27	162
Reserves ⓘ	379	362	423	521	695	831	984	1,650	1,907	1,995
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	400	364	308	204	131
Long Term Debt	0	0	0	0	0	331	308	252	161	98
Short Term Debt	0	0	0	0	0	69	56	56	43	33
Trade Payables	17	19	32	52	75	80	222	570	252	134
Others Liabilities ⓘ	308	306	79	55	59	107	1,225	894	960	984
Total Liabilities ⓘ	713	695	543	636	837	1,426	2,805	3,431	3,349	3,407
Fixed Assets
Gross Block	98	104	75	87	243	307	832	923	1,022	1,089
Accumulated Depreciation	24	27	7	13	32	50	73	128	188	245
Net Fixed Assetsⓘ	74	78	68	73	211	257	759	796	835	844
CWIP ⓘ	4	1	3	12	202	557	82	42	67	116
Investmentsⓘ	209	175	247	303	65	57	291	376	489	502
Inventories	65	60	89	87	65	162	157	311	292	388
Trade Receivables	3	8	6	4	21	31	76	203	144	34
Cash Equivalents	13	22	21	23	69	128	131	739	493	59
Others Assetsⓘ	344	350	110	135	205	235	1,308	963	1,029	1,462
Total Assets ⓘ	713	695	543	636	837	1,426	2,805	3,431	3,349	3,407

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	30	3	80	122	169	-13	340	837	143	154
PBT ⓘ	21	-5	85	165	224	175	250	915	359	324
Adjustment ⓘ	5	7	7	2	2	29	35	63	44	0
Changes in Working Capital ⓘ	28	9	12	15	22	-165	119	77	-175	-75
Tax Paid ⓘ	-25	-7	-24	-60	-78	-52	-63	-218	-86	-96
Cash Flow From Investing Activity ⓘ	-20	3	-68	-106	-147	-370	-249	-757	-30	-49
Capex	-12	-6	-15	-62	-240	-321	-60	-69	-187	-100
Net Investments	-13	12	-59	-48	116	4	-195	-698	177	-3
Others ⓘ	5	-3	5	4	-22	-54	6	11	-20	54
Cash Flow From Financing Activityⓘ	-3	-3	-12	-13	-12	378	-58	-106	-129	-107
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	18	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	331	33	-57	-106	-74
Interest Paid ⓘ	0	0	-7	-5	-6	-7	-13	-36	-26	-19
Dividend Paid ⓘ	-3	-3	-4	-7	-5	-9	-4	-9	-14	-14
Others ⓘ	0	-1	-1	-1	-1	62	-74	-3	-1	-1
Net Cash Flow ⓘ	6	3	0	3	10	-6	32	-26	-16	-2

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	3.76	-3.75	13.89	22.16	23.89	19.1	16.8	50.91	15.08	11.64
ROCE (%)	6.15	-1.3	23.05	35.25	37.36	21.08	22.35	57.37	18.87	15.55
Asset Turnover Ratio	0.44	0.32	0.7	1.04	0.95	0.52	0.35	0.72	0.63	0.37
PAT to CFO Conversion(x)	2.14	N/A	1.43	1.14	1.15	-0.09	2.21	1.24	0.53	0.65
Working Capital Days
Receivable Days	36	9	6	3	7	16	26	23	30	26
Inventory Days	59	100	63	52	39	70	78	38	52	99
Payable Days	486	204	125	116	176	564	458	185	129	395

Sandur Manganese & Iron Ores Ltd Stock News

Sandur Manganese & Iron Ores Ltd FAQs

What is the share price of Sandur Manganese?

Company share prices are keep on changing according to the market conditions. The closing price of Sandur Manganese on 20-Dec-2024 16:59 is ₹407.9.

What is the market cap of Sandur Manganese?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Sandur Manganese stood at ₹6,609.4.

What is the P/E ratio of Sandur Manganese?

The latest P/E ratio of Sandur Manganese as of 20-Dec-2024 16:59 is 18.87.

What is the P/B ratio of Sandur Manganese?

The latest P/B ratio of Sandur Manganese as of 20-Dec-2024 16:59 is 2.85.

What is the 52-week high and low of Sandur Manganese?

The 52-week high of Sandur Manganese is ₹636.1 and the 52-week low is ₹330.6.

What is the TTM revenue of Sandur Manganese?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sandur Manganese is ₹1,567 ( Cr.) .

About Sandur Manganese & Iron Ores Ltd

Sandur Manganese & Iron Ores (SMIORE), the flagship company of the Sandur Group, was founded by former ruler of the Princely State of Sandur, Yeshwanthrao Hindurao Ghorpade in 1954.

The major activities of SMIORE are mining of finest low grade, low phosphorous, manganese and iron ores, facility for production of ferroalloys and management of hydro-electric power generation.

The company also owns facilities to produce resistor networks and copper clad laminates. The company undertook the production of solar photo-voltaic modules for various applications and is capable of producing 30MW of solar panels. During the fiscal year ended March 31, 2008, the company produced 2,17,404 tonnes of manganese ores.

It is the first and among the largest electrometallurgy units and the second largest manganese ore company in the private sector after the public sector MOIL, Nagpur. SAIL was once its largest customer.

In 1998, the company started tottering due to 'an unviable power tariff' under dues of Rs 92 crore to Karnataka Power Transmission Corporation, most of it as interest. The company was declared sick in May 2000, it once had a liability of over Rs 350 crore.

Associated with the management of the company from its inception, the ex-Chairman & Managing Director, M Y Ghorpade, with a Masterâ€™s Degree in Economics from Cambridge, has nurtured and developed SMIORE into one of the finest professionally managed companies in India, doing business in the fields of manganese ore, ferroalloys and electronics.

The Group also owns facilities to produce resistor networks and copper clad laminates. Recently, the Company has undertaken production of solar photo-voltaic modules for various applications using the above facilities, which are one of their kinds in the world and are jointly capable of producing 30 MW of solar panels annually.

The company is engaged in the business of low phosphorous, manganese and iron ores mining.