Sandur Manganese & Iron Ores Ltd.
Snapshot View

1790.75 -76.30 ▼-4.1%

05 August 2021, 04:00:00 P.M.
Volume: 20,112

Overview View Details

Sector Mining Compare with Sector peers
Industry Mining & Minerals Compare with Industry peers
Website http://www.sandurgroup.com
Financial Indicators
Market Cap 1,680.71 Cr.
Earnings per share (EPS) 171.00 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 10.92 Trailing Twelve Months Ending 2021-03
Industry PE 8.77 Trailing Twelve Months Ending 2021-03
Book Value / Share 1,103.23 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.69 Calculated using Price: 1,867.05
Dividend Yield 0.37 Period Ending 2020-03
No. of Shares Subscribed 0.90 Cr. 9,001,941 Shares
FaceValue 10
Company Profile

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 Master’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.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-4.09%
1 Week
-12.23%
1 Month
-15.44%
3 Month
+19.93%
6 Month
+61.89%
1 Year
+206.01%
2 Year
+164.40%
5 Year
+228.10%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 2.79 10.00 10.68 3.76 -3.75 13.89 22.16 23.89 19.10
Return on Capital Employed (%) 8.74 11.90 16.15 6.15 -1.30 23.05 35.25 37.36 21.08
Return on Assets (%) 1.89 7.50 6.83 2.05 -2.44 11.17 18.06 20.00 13.02

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 309 342 377 388 370 432 530 704 840
Non Curr. Liab. -5 -18 213 226 -4 -7 -16 -19 309
Curr. Liab. 130 110 100 98 88 119 123 152 277
Minority Int.
Equity & Liab. 434 433 689 713 455 543 636 837 1,426
Non Curr. Assets 286 299 520 552 289 298 325 582 948
Curr. Assets 148 135 170 160 166 245 311 255 478
Misc. Exp. not W/O
Total Assets 434 433 689 713 455 543 636 837 1,426

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 181 161 300 295 222 422 608 702 592
Other Income 13 23 16 4 5 9 11 19 30
Total Income 193 184 316 299 227 431 619 722 621
Total Expenditure -156 -134 -248 -270 -222 -331 -442 -478 -396
PBIDT 38 50 67 28 5 100 177 243 225
Interest 0 -2 0 -2 0 -7 -5 -6 -31
Depreciation -11 -11 -9 -5 -4 -7 -7 -13 -19
Taxation -18 -4 -20 -7 -9 -30 -58 -77 -27
Exceptional Items -6
PAT 8 33 38 14 -14 56 107 147 147

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 18 24 6 30 3 80 122 169 -13
Cash Fr. Inv. -20 -22 -6 -20 3 -68 -106 -147 -370
Cash Fr. Finan. -5 0 0 -3 -3 -12 -13 -12 378
Net Change -7 2 -1 6 3 0 3 10 -6
Cash & Cash Eqvt 6 8 7 13 16 16 19 40 34

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 72.45 72.46 72.47 73.24 73.24 73.24 73.24 73.22 73.22
Public 27.55 27.54 27.53 26.76 26.76 26.76 26.76 26.78 26.78
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 55.21 55.20 55.20 53.09 53.09 53.09 53.09 53.10 53.10

Announcements View Details

Thu, 05 Aug 2021
Board Meeting Intimation for Board Meeting Intimation Under Regulation 29 Of SEBI (LODR) Regulations 2015 - Intimation Of Meeting Of Board Of Directors For Considering And Approving The Un-Audited Standalone Financial Results Of The Company For The Quarter Ended 30 June 2021.
SANDUR MANGANESE & IRON ORES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2021 inter alia to consider and approve un-audited financial results for the quarter ended 30 June 2021 at 12:00 Noon.
Tue, 03 Aug 2021
Announcement Under Regulation 30 Of Securities & Exchange Board Of India (Listing Obligations & Disclosure Requirements) (LODR) Regulations 2015- Newspaper Publication On Transfer Of Shares To Investor Education And Protection Fund (IEPF)
Dear Sir/Madam

Pursuant to the provisions of Regulation 30 read with Regulation 47 of SEBI (LODR) Regulations 2015 and Section 124(6) of the Companies Act 2013 read with Investor Education and Protection Fund Authority (Accounting Audit Transfer and Refund) Rules 2016 as amended from time to time please find enclosed the copies of the newspaper advertisements published on 02 August 2021 in Financial Express (English) having nationwide circulation and in Sanjeevani (Kannada) having regional circulation respectively for transfer of equity shares of the Company to Investor Education and Protection Fund (IEPF) on which dividend has been remained unpaid and unclaimed for seven consecutive years or more.

We request you to take the same on record.
Tue, 27 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
In compliance with provisions of Regulation 39(3) of SEBI (LODR) Regulations 2015 we notify that Suresh Chawla Folio Number 2903 Shareholder of the Company has reported loss of share certificate(s) as detailed in the letter.
We request the Exchange to take note of the intimation by the shareholder regarding the loss of share certificate(s).

Technical Scans View Details

Wed, 04 Aug 2021
High Delivery Percentage High Delivery Percentage
Higher Delivery Quantity Higher Delivery Quantity
Higher Delivery Quantity and Percentage Higher Delivery Quantity and Percentage
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity

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