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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Sarda Energy & Minerals Limited is an India-based company which is engaged in the metal, mining and power sectors. It operates integrated steel manufacturing facilities, ferro alloy manufacturing facilities, backed by a captive thermal power plant. Its segments include Steel,…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
An exceptional, fast-growing business, reasonably priced.
Sarda Energy & Minerals is scored on the commodity / cyclical framework. It keeps a healthy 17.9% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.63× reported profit. Free cash flow is worth about 3.7% of its market value.
Over the last 3 years revenue compounded at 12%/yr and profit at 21%/yr. Book value itself has compounded 29%/yr — the hallmark of a genuine compounder. Return on equity is a healthy 13.8%. In the latest quarter profit fell 34% versus the prior quarter.
At 14× earnings, the stock sits at the 22nd percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price asks for only ~3%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 13.44 | 20.39 | better |
| P/B | 1.9 | 2.07 | better |
| EV/EBITDA | 8.28 | 10.9 | better |
| ROE | 13.78 | 18.07 | worse |
| ROCE | 16.27 | 9.84 | better |
| ROA | 8.97 | 3.5 | better |
| Quick Ratio | 3.69 | 3.33 | better |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| JSW Steel | 10.5 | 2.9 | 11.9% |
| Tata Steel | 20.6 | 2.3 | 10.6% |
| Jindal Steel & Power | 41.5 | 2.3 | 6.2% |
12% CAGR over 3 years — steady double-digit compounder.
Profit is growing faster than revenue (21% vs 12%) — margin expansion is at work. The latest year saw a +56% swing — check if it's a one-off or structural.
Operating margin has expanded from 19% to 24% — the business is keeping more of each rupee earned.
ROE at 14% — a respectable return on shareholder capital. Low variance across years — a predictable business that earns steadily on its equity base.
EPS outpaced profit growth — possible buybacks are concentrating earnings into fewer shares. 23% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 1.6× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 12% QoQ — could be seasonality or a genuine slowdown. Run-rate stepping up — recent quarters average 23% above earlier ones.
Profit fell 34% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly net margins are expanding (14% → 20%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 73.2% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.