Sarda Energy & Minerals Limited — PPTs, 04-08-2025: Investor Presentation

**1. Financial Highlights:**

SEML's Q1FY26 was robust: Revenue surged 76% YoY to Rs 1,633 Cr. PAT jumped 120% to Rs 437 Cr, and EBITDA rose 108% to Rs 697 Cr. Margins were strong (EBITDA 40.7%, PAT 25.5%). The Energy segment was a key driver (49% revenue, 67% EBITDA), with liquidity at ~Rs 1,700 Cr as of June 2025.

**2. Strategic Initiatives & Growth Drivers:**

Energy sector expansion is paramount. The SKS Power acquisition offers potential to double its capacity. Two small hydro projects (48.9 MW) are pending approval, alongside a 50 MW captive solar plant. The minerals business is also targeted as a major growth engine with planned new capacities.

**3. Business Developments:**

The SKS Power acquisition signifies a strategic pivot to an integrated energy business. Its IPP Binjkot plant achieved a high 90% PLF and strong realization. The 24.9 MW Rehar Hydropower project is now operational, contributing to record quarterly production for Iron Ore Pellets and captive thermal power.

**4. Market Position & Competitive Advantage:**

The energy segment is rapidly establishing SEML as an energy powerhouse. Vertical integration, like SKS Power's coal linkage, enhances efficiency. A well-established, integrated metals business provides a diversified and stable operational base.

**5. Investor Implications:**

Q1's strong performance, driven by energy sector strength, points to significant positive growth potential. Strategic acquisitions and ongoing expansions in energy and minerals are poised to diversify revenue. Improved liquidity and stable credit ratings reinforce a strong financial outlook.