Sarda energy and minerals ltd

Sarda Energy

  • Focus on the Inflection pt here

Do check out the segmental results too. Power segment grew brilliantly 200%+ increase

Vision is to decouple from the cyclical steel industry and establish a smooth stream via Power sector. (mentioning this coz we should ideally be building the thesis for re rating using this mental model)

Guidance was 2000+cr of annual revenue from SKS power.

  • 11% rev CAGR for all segments till FY26
  • Full rev from SKS power will be visible in FY26

Contributions per segment

Steel - 34.52%
Ferro Alloys - 20.79%
Power - 44.3% (Contribution was 29% in Q2)
Misc - 0.4%

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