Sarda Energy & Minerals Limited (SARDAEN) - Net Assets

Latest as of September 2025: Rs71.09 Billion INR ≈ $768.76 Million USD

Based on the latest financial reports, Sarda Energy & Minerals Limited (SARDAEN) has net assets worth Rs71.09 Billion INR (≈ $768.76 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs110.12 Billion ≈ $1.19 Billion USD) and total liabilities (Rs39.04 Billion ≈ $422.18 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 Sarda Energy & Minerals Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs71.09 Billion
% of Total Assets	64.55%
Annual Growth Rate	26.2%
5-Year Change	175.28%
10-Year Change	396.45%
Growth Volatility	43.5

Sarda Energy & Minerals Limited - Net Assets Trend (2005–2025)

This chart illustrates how Sarda Energy & Minerals Limited's net assets have evolved over time, based on quarterly financial data. Also explore Sarda Energy & Minerals Limited (SARDAEN) total assets for the complete picture of this company's asset base.

Annual Net Assets for Sarda Energy & Minerals Limited (2005–2025)

The table below shows the annual net assets of Sarda Energy & Minerals Limited from 2005 to 2025. For live valuation and market cap data, see Sarda Energy & Minerals Limited (SARDAEN) market capitalisation.

Year	Net Assets	Change
2025-03-31	Rs63.92 Billion ≈ $691.30 Million	+60.04%
2024-03-31	Rs39.94 Billion ≈ $431.95 Million	+13.78%
2023-03-31	Rs35.10 Billion ≈ $379.63 Million	+12.96%
2022-03-31	Rs31.08 Billion ≈ $336.07 Million	+33.82%
2021-03-31	Rs23.22 Billion ≈ $251.13 Million	+18.00%
2020-03-31	Rs19.68 Billion ≈ $212.82 Million	+5.82%
2019-03-31	Rs18.60 Billion ≈ $201.11 Million	+11.69%
2018-03-31	Rs16.65 Billion ≈ $180.06 Million	+15.57%
2017-03-31	Rs14.41 Billion ≈ $155.80 Million	+11.89%
2016-03-31	Rs12.88 Billion ≈ $139.25 Million	+0.57%
2015-03-31	Rs12.80 Billion ≈ $138.45 Million	+5.33%
2014-03-31	Rs12.15 Billion ≈ $131.44 Million	+8.81%
2013-03-31	Rs11.17 Billion ≈ $120.80 Million	+16.67%
2012-03-31	Rs9.57 Billion ≈ $103.54 Million	+14.75%
2011-03-31	Rs8.34 Billion ≈ $90.23 Million	+23.20%
2010-03-31	Rs6.77 Billion ≈ $73.24 Million	+29.03%
2009-03-31	Rs5.25 Billion ≈ $56.76 Million	+30.30%
2008-03-31	Rs4.03 Billion ≈ $43.56 Million	+93.50%
2007-03-31	Rs2.08 Billion ≈ $22.51 Million	+197.76%
2006-03-31	Rs699.08 Million ≈ $7.56 Million	+14.84%
2005-03-31	Rs608.73 Million ≈ $6.58 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Sarda Energy & Minerals Limited'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 grown by 8869.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs42.87 Billion	68.19%
Common Stock	Rs352.40 Million	0.56%
Other Comprehensive Income	Rs17.70 Billion	28.16%
Other Components	Rs1.94 Billion	3.09%
Total Equity	Rs62.86 Billion	100.00%

Sarda Energy & Minerals Limited Competitors by Market Cap

The table below lists competitors of Sarda Energy & Minerals Limited ranked by their market capitalization.

Company	Market Cap
Shandong Iron and Steel Co Ltd SHG:600022	$2.25 Billion
Gansu Jingyuan Coal Industry and Electricity Power Co Ltd SHE:000552	$2.26 Billion
Talos Energy NYSE:TALO	$2.26 Billion
Hefei Chipmore Technology Co. Ltd. A SHG:688352	$2.26 Billion
BB Biotech AG SW:BION	$2.25 Billion
Wuhan PS Information Tech SHE:300184	$2.25 Billion
BW LPG Limited F:BW9	$2.25 Billion
Archi Indonesia Tbk PT JK:ARCI	$2.25 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sarda Energy & Minerals Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 38,886,400,000 to 62,864,300,000, a change of 23,977,900,000 (61.7%).
Net income of 6,998,200,000 contributed positively to equity growth.
Dividend payments of 352,400,000 reduced retained earnings.
Other comprehensive income increased equity by 17,122,200,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs7.00 Billion	+11.13%
Dividends Paid	Rs352.40 Million	-0.56%
Other Comprehensive Income	Rs17.12 Billion	+27.24%
Other Changes	Rs209.90 Million	+0.33%
Total Change	Rs-	61.66%

Book Value vs Market Value Analysis

This analysis compares Sarda Energy & Minerals Limited'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: 3.31x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 127.06x to 3.31x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-03-31	Rs4.65	Rs591.30	x
2006-03-31	Rs5.34	Rs591.30	x
2007-03-31	Rs7.04	Rs591.30	x
2008-03-31	Rs12.32	Rs591.30	x
2009-03-31	Rs15.42	Rs591.30	x
2010-03-31	Rs19.13	Rs591.30	x
2011-03-31	Rs23.39	Rs591.30	x
2012-03-31	Rs25.09	Rs591.30	x
2013-03-31	Rs29.38	Rs591.30	x
2014-03-31	Rs32.03	Rs591.30	x
2015-03-31	Rs33.63	Rs591.30	x
2016-03-31	Rs33.57	Rs591.30	x
2017-03-31	Rs37.70	Rs591.30	x
2018-03-31	Rs43.73	Rs591.30	x
2019-03-31	Rs49.32	Rs591.30	x
2020-03-31	Rs51.87	Rs591.30	x
2021-03-31	Rs61.70	Rs591.30	x
2022-03-31	Rs83.44	Rs591.30	x
2023-03-31	Rs96.25	Rs591.30	x
2024-03-31	Rs110.35	Rs591.30	x
2025-03-31	Rs178.40	Rs591.30	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sarda Energy & Minerals Limited 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): 11.13%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 15.00%
• Asset Turnover: 0.46x
• Equity Multiplier: 1.61x
Recent ROE (11.13%) is below the historical average (15.20%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	29.79%	7.98%	1.40x	2.67x	Rs120.47 Million
2006	17.19%	5.57%	1.11x	2.79x	Rs50.27 Million
2007	20.45%	11.69%	0.75x	2.34x	Rs217.50 Million
2008	30.24%	19.49%	0.72x	2.16x	Rs815.20 Million
2009	25.24%	13.96%	0.70x	2.59x	Rs799.74 Million
2010	22.16%	27.36%	0.37x	2.19x	Rs792.37 Million
2011	8.92%	8.17%	0.50x	2.19x	Rs-86.83 Million
2012	9.80%	7.95%	0.47x	2.60x	Rs-18.15 Million
2013	15.34%	11.49%	0.50x	2.65x	Rs562.05 Million
2014	7.93%	5.72%	0.49x	2.83x	Rs-237.85 Million
2015	4.54%	3.12%	0.58x	2.52x	Rs-660.50 Million
2016	1.04%	0.85%	0.52x	2.33x	Rs-1.09 Billion
2017	9.71%	9.20%	0.46x	2.29x	Rs-38.80 Million
2018	12.84%	9.32%	0.64x	2.16x	Rs448.45 Million
2019	11.43%	8.74%	0.63x	2.06x	Rs253.79 Million
2020	6.77%	6.32%	0.49x	2.20x	Rs-603.99 Million
2021	16.88%	17.05%	0.49x	2.04x	Rs1.53 Billion
2022	26.77%	20.52%	0.74x	1.76x	Rs5.04 Billion
2023	17.66%	14.28%	0.77x	1.61x	Rs2.61 Billion
2024	13.45%	13.47%	0.65x	1.54x	Rs1.34 Billion
2025	11.13%	15.00%	0.46x	1.61x	Rs711.77 Million

Industry Comparison

This section compares Sarda Energy & Minerals Limited's net assets metrics with peer companies in the Steel industry.

Industry Context

Industry: Steel
Average net assets among peers: $6,487,210,470
Average return on equity (ROE) among peers: 8.48%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sarda Energy & Minerals Limited (SARDAEN)	Rs71.09 Billion	29.79%	0.55x	$2.25 Billion
Ankit Metal & Power Limited (ANKITMETAL)	$-100.86 Million	0.00%	0.00x	$2.53 Million
APL Apollo Tubes Limited (APLAPOLLO)	$42.09 Billion	17.99%	0.80x	$5.62 Billion
Bansal Wire Industries Ltd (BANSALWIRE)	$12.69 Billion	11.40%	0.71x	$479.82 Million
Bedmutha Industries Limited (BEDMUTHA)	$1.27 Billion	-6.80%	3.37x	$36.99 Million
Bharat Wire Ropes Limited (BHARATWIRE)	$1.38 Billion	0.97%	2.02x	$173.92 Million
Electrotherm (India) Limited (ELECTHERM)	$352.75 Million	38.28%	3.46x	$111.00 Million
Grand Foundry Limited (GFSTEELS)	$-57.50 Million	0.00%	0.00x	$4.07 Million
Goodluck India Limited (GOODLUCK)	$2.55 Billion	8.60%	2.18x	$467.44 Million
Godawari Power And Ispat limited (GPIL)	$4.56 Billion	13.49%	0.95x	$2.14 Billion
Hariom Pipe Industries Limited (HARIOMPIPE)	$134.72 Million	0.90%	2.02x	$108.47 Million

About Sarda Energy & Minerals Limited

NSE:SARDAEN India Steel

Market Cap

$2.25 Billion

Rs208.36 Billion INR

Market Cap Rank

#5842 Global

#255 in India

Share Price

Rs591.30

Change (1 day)

-0.04%

52-Week Range

Rs418.05 - Rs626.15

All Time High

Rs626.15