SANDUR MANGANESE AND IRON ORES LTD (SANDUMA) - Net Assets
Based on the latest financial reports, SANDUR MANGANESE AND IRON ORES LTD (SANDUMA) has net assets worth Rs32.70 Billion INR (≈ $353.62 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs55.27 Billion ≈ $597.73 Million USD) and total liabilities (Rs22.57 Billion ≈ $244.12 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check SANDUR MANGANESE AND IRON ORES LTD tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs32.70 Billion |
| % of Total Assets | 59.16% |
| Annual Growth Rate | N/A |
| 5-Year Change | 97.07% |
| 10-Year Change | 610.42% |
| Growth Volatility | 76.8 |
SANDUR MANGANESE AND IRON ORES LTD - Net Assets Trend (2004–2025)
This chart illustrates how SANDUR MANGANESE AND IRON ORES LTD's net assets have evolved over time, based on quarterly financial data. See SANDUMA days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for SANDUR MANGANESE AND IRON ORES LTD (2004–2025)
The table below shows the annual net assets of SANDUR MANGANESE AND IRON ORES LTD from 2004 to 2025. For live valuation and market cap data, see SANDUMA stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rs32.70 Billion ≈ $353.62 Million |
+24.45% |
| 2024-12-31 | Rs26.27 Billion ≈ $284.14 Million |
+21.73% |
| 2023-12-31 | Rs21.58 Billion ≈ $233.41 Million |
+11.61% |
| 2022-12-31 | Rs19.34 Billion ≈ $209.12 Million |
+16.54% |
| 2021-12-31 | Rs16.59 Billion ≈ $179.44 Million |
+67.07% |
| 2020-12-31 | Rs9.93 Billion ≈ $107.40 Million |
+18.27% |
| 2019-12-31 | Rs8.40 Billion ≈ $90.81 Million |
+19.27% |
| 2018-12-31 | Rs7.04 Billion ≈ $76.14 Million |
+25.06% |
| 2017-12-31 | Rs5.63 Billion ≈ $60.88 Million |
+22.31% |
| 2016-12-31 | Rs4.60 Billion ≈ $49.78 Million |
+14.63% |
| 2015-12-31 | Rs4.02 Billion ≈ $43.42 Million |
+3.31% |
| 2014-12-31 | Rs3.89 Billion ≈ $42.03 Million |
+6.72% |
| 2013-12-31 | Rs3.64 Billion ≈ $39.38 Million |
+10.06% |
| 2012-12-31 | Rs3.31 Billion ≈ $35.78 Million |
+7.50% |
| 2011-12-31 | Rs3.08 Billion ≈ $33.29 Million |
+7.49% |
| 2010-12-31 | Rs2.86 Billion ≈ $30.97 Million |
+38.66% |
| 2009-12-31 | Rs2.07 Billion ≈ $22.33 Million |
+11.06% |
| 2008-12-31 | Rs1.86 Billion ≈ $20.11 Million |
+321.94% |
| 2007-12-31 | Rs440.69 Million ≈ $4.77 Million |
+126.82% |
| 2006-12-31 | Rs194.29 Million ≈ $2.10 Million |
+185.43% |
| 2005-12-31 | Rs68.07 Million ≈ $736.12K |
+540.73% |
| 2004-12-31 | Rs-15.44 Million ≈ $-167.02K |
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Equity Component Analysis
This analysis shows how different components contribute to SANDUR MANGANESE AND IRON ORES LTD's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs4.86 Billion | 14.94% |
| Other Components | Rs27.68 Billion | 85.06% |
| Total Equity | Rs32.54 Billion | 100.00% |
SANDUR MANGANESE AND IRON ORES LTD Competitors by Market Cap
The table below lists competitors of SANDUR MANGANESE AND IRON ORES LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Norconsult ASA
OL:NORCO
|
$1.13 Billion |
|
Primax Electronics Ltd
TW:4915
|
$1.13 Billion |
|
Jiangxi GETO New Materials Corporation Limited
SHE:300986
|
$1.13 Billion |
|
Beijing China Sciences Runyu Environmental Technology Co. Ltd.
SHE:301175
|
$1.13 Billion |
|
No Va Land Investment Group Corp
VN:NVL
|
$1.13 Billion |
|
Anhui Water Resources Development Co Ltd
SHG:600502
|
$1.13 Billion |
|
NeoGenomics Inc
NASDAQ:NEO
|
$1.13 Billion |
|
CHINA EAST ED HLDGS LTD
F:ZX3
|
$1.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SANDUR MANGANESE AND IRON ORES LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 26,126,900,000 to 32,536,800,000, a change of 6,409,900,000 (24.5%).
- Net income of 6,566,400,000 contributed positively to equity growth.
- Dividend payments of 202,700,000 reduced retained earnings.
- Other comprehensive income decreased equity by 65,800,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs6.57 Billion | +20.18% |
| Dividends Paid | Rs202.70 Million | -0.62% |
| Other Comprehensive Income | Rs-65.80 Million | -0.2% |
| Other Changes | Rs112.00 Million | +0.34% |
| Total Change | Rs- | 24.53% |
Book Value vs Market Value Analysis
This analysis compares SANDUR MANGANESE AND IRON ORES LTD's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.21x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | Rs-0.18 | Rs214.58 | x |
| 2005-12-31 | Rs0.80 | Rs214.58 | x |
| 2006-12-31 | Rs1.71 | Rs214.58 | x |
| 2007-12-31 | Rs2.82 | Rs214.58 | x |
| 2008-12-31 | Rs10.41 | Rs214.58 | x |
| 2009-12-31 | Rs11.80 | Rs214.58 | x |
| 2010-12-31 | Rs17.03 | Rs214.58 | x |
| 2011-12-31 | Rs17.80 | Rs214.58 | x |
| 2012-12-31 | Rs19.40 | Rs214.58 | x |
| 2013-12-31 | Rs21.55 | Rs214.58 | x |
| 2014-12-31 | Rs22.96 | Rs214.58 | x |
| 2015-12-31 | Rs23.81 | Rs214.58 | x |
| 2016-12-31 | Rs27.42 | Rs214.58 | x |
| 2017-12-31 | Rs33.93 | Rs214.58 | x |
| 2018-12-31 | Rs44.99 | Rs214.58 | x |
| 2019-12-31 | Rs52.15 | Rs214.58 | x |
| 2020-12-31 | Rs61.68 | Rs214.58 | x |
| 2021-12-31 | Rs103.06 | Rs214.58 | x |
| 2022-12-31 | Rs120.47 | Rs214.58 | x |
| 2023-12-31 | Rs133.20 | Rs214.58 | x |
| 2024-12-31 | Rs161.15 | Rs214.58 | x |
| 2025-12-31 | Rs66.94 | Rs214.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SANDUR MANGANESE AND IRON ORES LTD utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.18%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.90%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 1.70x
- Recent ROE (20.18%) is below the historical average (22.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 0.00% | 267.46% | 1.16x | 0.00x | Rs2.61 Billion |
| 2005 | 122.69% | 9.10% | 1.19x | 11.29x | Rs76.70 Million |
| 2006 | -102.44% | -16.24% | 0.71x | 8.87x | Rs-218.46 Million |
| 2007 | 130.39% | 21.31% | 1.92x | 3.19x | Rs530.53 Million |
| 2008 | 89.40% | 33.50% | 1.12x | 2.38x | Rs1.29 Billion |
| 2009 | 12.80% | 8.03% | 0.72x | 2.23x | Rs51.64 Million |
| 2010 | 31.87% | 23.65% | 0.71x | 1.89x | Rs582.84 Million |
| 2011 | -2.77% | -3.77% | 0.44x | 1.69x | Rs-355.93 Million |
| 2012 | 8.21% | 11.38% | 0.47x | 1.54x | Rs-54.29 Million |
| 2013 | 10.91% | 10.61% | 0.68x | 1.52x | Rs30.84 Million |
| 2014 | 7.09% | 7.27% | 0.66x | 1.48x | Rs-104.53 Million |
| 2015 | 1.98% | 2.75% | 0.52x | 1.39x | Rs-298.71 Million |
| 2016 | 13.96% | 14.49% | 0.69x | 1.39x | Rs169.77 Million |
| 2017 | 20.81% | 18.39% | 0.87x | 1.29x | Rs573.77 Million |
| 2018 | 20.93% | 21.30% | 0.80x | 1.22x | Rs769.58 Million |
| 2019 | 17.55% | 25.38% | 0.40x | 1.74x | Rs634.16 Million |
| 2020 | 15.50% | 20.60% | 0.43x | 1.74x | Rs546.17 Million |
| 2021 | 40.69% | 30.02% | 0.83x | 1.63x | Rs5.09 Billion |
| 2022 | 14.00% | 12.74% | 0.84x | 1.31x | Rs774.20 Million |
| 2023 | 11.09% | 19.34% | 0.48x | 1.20x | Rs236.33 Million |
| 2024 | 18.00% | 15.00% | 0.56x | 2.16x | Rs2.09 Billion |
| 2025 | 20.18% | 12.90% | 0.92x | 1.70x | Rs3.31 Billion |
Industry Comparison
This section compares SANDUR MANGANESE AND IRON ORES LTD's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $4,962,007,503
- Average return on equity (ROE) among peers: 3.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SANDUR MANGANESE AND IRON ORES LTD (SANDUMA) | Rs32.70 Billion | 0.00% | 0.69x | $1.13 Billion |
| Ankit Metal & Power Limited (ANKITMETAL) | $1.20 Billion | 5.37% | 2.25x | $2.37 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $4.72 Billion | 13.50% | 1.73x | $5.59 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $12.69 Billion | 11.40% | 0.71x | $514.95 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $987.90 Million | -40.30% | 5.23x | $39.02 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $6.61 Billion | 14.56% | 0.24x | $158.98 Million |
| Electrotherm (India) Limited (ELECTHERM) | $587.16 Million | 32.01% | 5.36x | $149.04 Million |
| Grand Foundry Limited (GFSTEELS) | $-56.35 Million | 0.00% | 0.00x | $4.48 Million |
| Goodluck India Limited (GOODLUCK) | $13.47 Billion | 12.24% | 0.88x | $487.00 Million |
| Godawari Power And Ispat limited (GPIL) | $9.28 Billion | -9.55% | 2.75x | $1.90 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $133.55 Million | 0.35% | 1.68x | $138.11 Million |
About SANDUR MANGANESE AND IRON ORES LTD
The Sandur Manganese & Iron Ores Limited, together with its subsidiary, engages in the mining of manganese and iron ores in Deogiri village of Ballari District, Karnataka. It operates through three segments: Mining, Ferroalloys, and Coke and Energy. The company also manufactures and sells ferroalloys and coke. In addition, it generates power through a 32-megawatt thermal power plant. The company … Read more