What we do Sandur Manganese & Iron Ores Ltd mines manganese and iron ores, produces ferroalloys, coke, energy, and manufactures specialty steel through its subsidiaries in India. |
Founded in 1,954 |
Market share Among India's top manganese ore miner, 3rd largest iron ore miner in Karnataka, and top 5 specialty steel manufacturer nationwide. |
Problem solved Provides critical raw materials and specialty steel products to the metals, manufacturing, and automotive sectors, ensuring supply chain reliability. |
Top clients or who we serve Serves B2B clients in steel, automotive, manufacturing sectors, with marquee customers in specialty steel and alloy industries. |
Key management Bahirji Ajai Ghorpade (Managing Director); experienced leadership driving strategic growth and integration. |
Our journey and innovations Founded in 1954; expanded from mining to ferroalloys, coke, energy, steel manufacturing; strategic acquisition of Arjas Steel in 2024. |
Where we operate Operations and mining in Karnataka; steel plants in Andhra Pradesh and Punjab; renewable energy projects in India. |
Top products or what we offer Manganese and iron ore mining, ferroalloys (silicomanganese, ferromanganese), coke, renewable energy, specialty SBQ steel products. |
Top brands Sandur Manganese & Iron Ores (mining), Arjas Steel (specialty steel), Renew Sandur Green Energy (renewable power); recognized for mining excellence. |
Raw materials needed Manganese ore, iron ore, coking coal, scrap metal (for steel), energy resources. |
Raw materials supplier Own mining operations and contract mining; external coal suppliers for coke production. |
Recurring vs cyclical contribution Revenue is a mix of recurring mining sales and cyclical manufacturing segments responding to steel market cycles. |
Our industry position Leaders in manganese and iron ore mining in India with growing presence in specialty steel manufacturing. |
Financial highlights FY25 consolidated revenue ₹3135 crore, net profit ₹470 crore; EBITDA margin ~23%; strong growth driven by mining and steel segments. |
Geographical revenue split India accounts for over 97% of revenue; remaining from exports and other operations globally. |
Order book - |
Whats driving growth Expansion of mining capacities, strategic steel acquisition, renewable energy projects, favorable steel market and government policies. |
Our future plans Focus on mining projects, integrated steel manufacturing, beneficiation facilities, renewable energy expansion, and operational efficiencies. |
Our green promise Committed to renewable energy (solar, wind), zero discharge in ferroalloy plants, large-scale afforestation, and environmental stewardship. |
Our people and values Employs over 4,000 employees; focuses on safety, community welfare, employee development, and inclusive practices. |
Key challenges ahead Market price volatility, regulatory approvals, raw material supply fluctuations, competitive steel markets, and integration risks. |
Interesting facts Only mine in South India awarded 7-Star Mines Rating; 10 consecutive years of 5-Star Mines Ratings; robust CSR and environmental awards. |
Risks and strategy Mitigates commodity cyclicality via diversification; maintains strong financial controls and pursues sustainable mining practices. |
