Sarda Energy & Minerals Limited — Investor Meet, 16-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Sarda Energy & Minerals reported Q3 FY26 revenue of ₹1,360 Cr, EBITDA of ₹395 Cr, and PAT of ₹190 Cr, with 9-month PAT up 59% to ₹954 Cr. Net debt significantly reduced to below ₹500 Cr. Q3 was impacted by planned power plant shutdowns and subdued prices. Management expects a stronger Q4 and positive FY27, citing a 10-15% steel price recovery and improving power prices. Key operational updates include 28% YoY growth in 9-month hydropower generation, imminent coal mine capacity expansion, and new solar plant commissioning next quarter. The company is actively pursuing organic and inorganic growth in energy and minerals, maintaining a confident outlook.