Sarda Energy & Minerals Limited — Investor Meet, 02-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Sarda Energy & Minerals posted Q4 revenue of Rs. 1,239 Cr, up 39% YoY but down 6% QoQ due to hydro seasonality and shutdowns. EBITDA rose 69% YoY to Rs. 273 Cr, PAT grew 14% YoY to Rs. 100 Cr. The 600MW thermal plant hit 73% PLF, boosting energy segment EBIT to ~50%. SKS plant PLF climbed to 80% in Q4 and 96% in April. Metals volumes steady, focus on energy/minerals growth. New Rs. 70 Cr mineral wool project launched; 50MW solar and 25MW hydro projects expected FY26. Management expects margin recovery from industry support and efficient plant ops. Acquisition opportunities are being explored. Confident tone on sustainable, disciplined growth in energy and minerals.