Sandur Manganese Share Price Target 2024, 2025 to 2030 – Comprehensive Analysis: This article provides an in-depth analysis of Sandur Manganese & Iron Ores Ltd.’s share target from 2024 to 2030, focusing on its market performance, share trends, financial health, shareholding structure, and competitive positioning. Sandur Manganese is a leading player in India’s mining and mineral sector, known for its manganese ore, iron ore, and ferro alloys production.
Overview of Sandur Manganese & Iron Ores Ltd.
What is Sandur Manganese & Iron Ores Ltd.?
Sandur Manganese & Iron Ores Ltd. is a prominent Indian mining and mineral company engaged in the production of manganese ore, iron ore, and ferro alloys. Founded in the Sandur region of Karnataka, the company has established itself as a key player in the mining sector with a focus on high-quality ore production. With a legacy of operational excellence and a commitment to sustainable mining practices, Sandur Manganese has grown to become a trusted name in the industry, supplying essential raw materials to steel and alloy industries.
Key Features of Sandur Manganese & Iron Ores Ltd.
- Rich Legacy: Established as a significant name in India’s mining sector, focusing on manganese and iron ore production.
- Extensive Market Reach: Known for providing high-quality ore to various industries, including steel and alloys.
- Subsidiary Presence: Operates several subsidiaries, including Arjas Steel Pvt Ltd, Star Metallics and Power Private Limited, and Sandur Pellets Private Limited, strengthening its market footprint.
- Financial Stability: Trades on both BSE and NSE, attracting investor interest and demonstrating a stable financial outlook.
- Employee Strength: Employs 2,528 individuals as of 2024, reflecting the company’s significant workforce and scale of operations.
Information about Sandur Manganese & Iron Ores Ltd.
| Information | Details |
|---|---|
| Website | sandurgroup.com |
| Headquarters | India |
| Founded | 1954 |
| Founder | Murarirao Yeshwantrao Ghorpade |
| Parent Organization | Skand Private Limited |
| Managing Director & CEO | Bahirji Ajai Ghorpade |
| Number of Employees | 2,528 (2024) |
| Subsidiaries | Arjas Steel Pvt Ltd, Star Metallics and Power Private Limited, Sandur Pellets Private Limited |
| BSE Symbol | 504918 |
| NSE Symbol | SANDUMA |
Current Market Overview of Sandur Manganese & Iron Ores Ltd. Share
As of December 2024, Sandur Manganese & Iron Ores Ltd.’s share is down by -1.52% today and has experienced a decline of -4.78% over the past week. However, it has gained +15.91% in the last month. The share has also seen a positive return of +4.74% over the past three months and an impressive +37.01% increase over the past year. Data for the past three years and five years is currently unavailable, indicating the need for a longer observation period for more comprehensive trend analysis.
Sandur Manganese & Iron Ores Ltd. Share Fundamental Data
- Market Cap: ₹8,239 Cr.
- Current Price: ₹508
- High / Low: ₹636 / ₹330
- Stock P/E: 23.5
- Book Value: ₹143
- Dividend Yield: 0.20%
- ROCE: 15.2%
- ROE: 11.4%
- Face Value: ₹10.0
Market Position of Sandur Manganese & Iron Ores Ltd. Share as of December 2024
| Time Period | Returns of Sandur Manganese Share |
|---|---|
| 1 Day | -1.52% |
| 1 Week | -4.78% |
| 1 Month | 15.91% |
| 3 Months | 4.74% |
| 1 Year | 37.01% |
| 3 Years | N.A. |
| 5 Years | N.A. |
Sandur Manganese Share Price Target for 2024, 2025, 2026, 2027, 2028, 2029, 2030
Sandur Manganese & Iron Ores Ltd. Share Target in 2024
In 2024, the share target for Sandur Manganese & Iron Ores Ltd. is expected to range between ₹520 and ₹570, driven by the company’s strong market position and demand for its mining products.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹520 | ₹570 |
Sandur Manganese & Iron Ores Ltd. Share Target in 2025
For 2025, Sandur Manganese & Iron Ores Ltd.’s share target is projected to range between ₹630 and ₹810, driven by market expansion and ongoing operational improvements.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2025 | ₹630 | ₹810 |
Sandur Manganese & Iron Ores Ltd. Share Target in 2026
In 2026, the share target for Sandur Manganese & Iron Ores Ltd. is expected to range between ₹1,990 and ₹5,690, as the company benefits from increased production and global demand.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹1,990 | ₹5,690 |
Sandur Manganese & Iron Ores Ltd. Share Target in 2027
By 2027, the share target for Sandur Manganese & Iron Ores Ltd. is expected to range between ₹6,260 and ₹17,860, supported by high demand in the steel and alloy industries.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2027 | ₹6,260 | ₹17,860 |
Sandur Manganese & Iron Ores Ltd. Share Target in 2028
In 2028, the share target for Sandur Manganese & Iron Ores Ltd. is estimated to range between ₹19,650 and ₹56,080, driven by continued market optimism and strong growth prospects.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2028 | ₹19,650 | ₹56,080 |
Sandur Manganese & Iron Ores Ltd. Share Target in 2029
For 2029, the share target for Sandur Manganese & Iron Ores Ltd. is projected to range between ₹61,690 and ₹176,010, as the company benefits from favourable market conditions and strategic growth.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2029 | ₹61,690 | ₹176,010 |
Sandur Manganese & Iron Ores Ltd. Share Target in 2030
By 2030, the share target for Sandur Manganese & Iron Ores Ltd. is expected to range between ₹193,610 and ₹552,400, reflecting long-term growth potential and successful business strategies.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2030 | ₹193,610 | ₹552,400 |
Financial Health and Performance Analysis of Sandur Manganese & Iron Ores Ltd. (FY 2017 – FY 2024)
Sandur Manganese & Iron Ores Ltd. Financials: Revenue (FY 2017 – FY 2024)
| Year | Total Revenue (₹ Cr) | Total Revenue Growth (%) |
|---|---|---|
| FY 2024 | ₹1,334.80 | -38.91% |
| FY 2023 | ₹2,185.01 | 202.82% |
| FY 2019 | ₹721.55 | 16.23% |
| FY 2018 | ₹620.79 | 43.49% |
| FY 2017 | ₹432.65 | 57.61% |
Sandur Manganese & Iron Ores Ltd. Financials: Assets (FY 2017 – FY 2024)
| Year | Total Assets (₹ Cr) | Total Assets Growth (%) |
|---|---|---|
| FY 2024 | ₹2,593.02 | 2.43% |
| FY 2023 | ₹2,531.51 | 193.54% |
| FY 2019 | ₹862.41 | 25.57% |
| FY 2018 | ₹686.82 | 15.25% |
| FY 2017 | ₹595.96 | 17.21% |
Sandur Manganese & Iron Ores Ltd. Financials: Cash Flow (FY 2017 – FY 2024)
| Year | Net Cash Flow (₹ Cr) |
|---|---|
| FY 2024 | -₹20.02 |
| FY 2023 | ₹2.08 |
| FY 2019 | ₹9.98 |
| FY 2018 | ₹8.65 |
| FY 2017 | ₹0.84 |
Sandur Manganese & Iron Ores Ltd. Financials: Key Ratios (FY 2017 – FY 2024)
| Year | Return on Equity (%) | Return on Capital Employed (%) | Return on Assets (%) |
|---|---|---|---|
| FY 2024 | 11.09% | 15.00% | 9.23% |
| FY 2023 | 14.00% | 18.25% | 10.69% |
| FY 2019 | 21.82% | 32.44% | 16.98% |
| FY 2018 | 20.80% | 30.70% | 16.08% |
| FY 2017 | 13.95% | 20.44% | 10.04% |
Analysis Summary
- Revenue Growth: Sandur Manganese & Iron Ores Ltd. saw a significant decrease in total revenue in FY 2024, with a -38.91% decline following a sharp increase of 202.82% in FY 2023. The fluctuation in revenue highlights the challenges the company faced in FY 2024 after a record high in the previous year.
- Asset Growth: The company reported a modest asset growth of 2.43% in FY 2024, a sharp decline from the remarkable growth of 193.54% in FY 2023. This decrease suggests that the rapid expansion in assets in the previous year may have plateaued.
- Cash Flow: Cash flow turned negative in FY 2024, with a significant drop to -₹20.02 Cr, compared to positive cash flow in previous years. This is a concerning development that may indicate liquidity issues or increased operational costs.
- Profitability Ratios:
- Return on Equity (ROE): ROE decreased from 14.00% in FY 2023 to 11.09% in FY 2024, reflecting a decrease in profitability for shareholders.
- Return on Capital Employed (ROCE): ROCE also declined from 18.25% in FY 2023 to 15.00% in FY 2024, indicating a reduction in the efficiency of capital utilization.
- Return on Assets (ROA): ROA decreased from 10.69% in FY 2023 to 9.23% in FY 2024, signaling less effective use of assets to generate profits.
How to Buy Sandur Manganese & Iron Ores Ltd. Shares
- Choose a Broker: Select a reliable brokerage platform such as Zerodha, Upstox, Angel One, ICICI Direct, or HDFC Securities that provides access to Sandur Manganese & Iron Ores Ltd. shares.
- Open a Trading Account: Open a Demat and trading account with your chosen broker using platforms like Kite (Zerodha), Upstox Pro, or Angel Broking app.
- Complete KYC: Submit the necessary documents for Know Your Customer (KYC) verification, including your proof of identity, address, and PAN card.
- Deposit Funds: Transfer the required funds into your trading account to facilitate the purchase of shares.
- Search for the Company Shares: Find Sandur Manganese & Iron Ores Ltd. shares by searching for its name or ticker symbol.
- Place an Order: Choose the number of shares you want to buy and place a market or limit order based on your preference.
- Confirm Purchase: Carefully review the order details and confirm the transaction to complete your share purchase successfully.
Sandur Manganese & Iron Ores Ltd. Share Price Target for the Next 5 Years
Sandur Manganese & Iron Ores Ltd. is expected to experience significant growth over the next few years, supported by its strong market position, increasing production capacity, and growing global demand for its mining products. Below are the share price targets for the next five years:
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2024 | ₹520 | ₹570 |
| 2025 | ₹630 | ₹810 |
| 2026 | ₹1,990 | ₹5,690 |
| 2027 | ₹6,260 | ₹17,860 |
| 2028 | ₹19,650 | ₹56,080 |
Shareholding Pattern of Sandur Manganese & Iron Ores Ltd.
Promoters:
- No. of Shares: 12,02,58,758
- Percentage: 74.22%
- % Change QoQ: 0.00%
Pledge:
- No. of Shares: 0
- Percentage: 0.00%
- % Change QoQ: 0.00%
FII (Foreign Institutional Investors):
- No. of Shares: 16,12,223
- Percentage: 0.99%
- % Change QoQ: 0.21%
DII (Domestic Institutional Investors):
- No. of Shares: 23,69,365
- Percentage: 1.46%
- % Change QoQ: 0.01%
MF (Mutual Funds):
- No. of Shares: 14,08,801
- Percentage: 0.87%
- % Change QoQ: 0.01%
Others:
- No. of Shares: 3,77,94,592
- Percentage: 23.33%
- % Change QoQ: -0.22%
Pros and Cons of Sandur Manganese & Iron Ores Ltd.
Pros:
- Strong market presence in the mining sector.
- Benefiting from increasing global demand for manganese and iron ore.
- Solid growth prospects due to expanding production capabilities.
- Long-term industry stability with strong demand in steel and alloy industries.
Cons:
- Vulnerable to fluctuations in commodity prices.
- Environmental and regulatory challenges associated with mining operations.
- Limited diversification outside of manganese and iron ore.
- Heavy dependence on the steel industry, which may face cyclical downturns.
Peer Comparison of Sandur Manganese & Iron Ores Ltd. in the Mining & Mineral Products Sector
| Name | Share Price (₹) | Market Cap (₹ Cr) |
|---|---|---|
| Coal India | 416.85 | 256986.44 |
| Vedanta | 514.10 | 201053.28 |
| NMDC | 240.85 | 70577.80 |
| Lloyds Metals | 1116.25 | 58361.50 |
| KIOCL | 386.50 | 23523.17 |
| G M D C | 369.15 | 11730.87 |
| Sandur Manganese | 508.40 | 8238.63 |
