Sarda Energy & Minerals · tone and specificity signals across the available quarters.
Language signals
We are net debt-free on both a standalone and consolidated basis with a strong balance sheet and healthy liquidity of more than rupees 2,500 crores as of 30th June 2026, giving us significant flexibility to execute our long-term growth plans.
Maximum sellable quantity is 540 megawatt. Now it's a call we have to take to what extent we have to commit. As the solar is increasing at the same time this DISCOMS is also coming up and there will be certain policy changes at the government level.
It stated we don't give any forward-looking profitability because it depends on a variety of factors rainfall data power demand supply there are multiple and in case of steel also prices are volatile because of geopolitical developments. So giving any specific number will be very difficult but we have already stated on the operational front it should be better.
The company has exceeded the last whole year's profit in the first half itself. We remain confident of delivering record results for financial year '26 despite sectoral challenges in the steel sector.
When we find an opportunity instead of using the captive power for production we sell power so as to maintain our margins instead of producing we divert the captive power for sale into the market that also rescues our margins.
We have also participated in few of the other acquisition opportunities and that's ongoing process. So whenever something gets clicked that will be additional opportunity and as we told we hardly have any loan our gearing is very very low. So that growth opportunity if we find we have sufficient capability to acquire and go ahead.
Our integrated model helped absorb the impact while maintaining stability across businesses.
Steel prices which had touched multi-year lows earlier in the year recovered sharply towards the end of December and have strengthened by around 10 to 15% reflecting improving sentiment and tighter domestic supply conditions.
We are open for the opportunities and whenever these mine blocks come we do study them as well. So if any opportunity comes knocking regarding these [nuclear, critical minerals, battery storage] we'll have a positive outlook.