Karnataka miner of manganese & iron ore, integrated into ferroalloys, coke, power and SBQ steel.
Price
Market Cap
Sector
Commodities
Rank
| Line item | FY18 | FY19 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 9 | 9 | — | 27 | 162 | 162 | 486 | 486 |
| Reserves | 522 | 662 | — | 1.9k | 2.0k | 2.5k | 2.4k | 2.8k |
| Borrowings | 0 | 0 | — | 206 | 133 | 1.9k | 1.9k | 999 |
| Other Liabilities | 156 | 191 | — | 392 | 302 | 1.1k | 1.0k | 1.3k |
| Total Liabilities | 687 | 862 | — | 2.5k | 2.6k | 5.6k | 5.8k | 5.5k |
| AssetsFixed Assets | 262 | 260 | — | 878 | 886 | 3.1k | 3.3k | 3.3k |
| CWIP | 12 | 202 | — | 67 | 116 | 373 | 253 | 142 |
| Investments | 175 | 65 | — | 469 | 484 | 227 | 267 | 281 |
| Other Assets | 238 | 335 | — | 1.1k | 1.1k | 1.9k | 2.0k | 1.8k |
| Total Assets | 687 | 862 | — | 2.5k | 2.6k | 5.6k | 5.8k | 5.5k |
| Line item | FY17 | FY18 | FY19 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 85 | 128 | 169 | 873 | 142 | 153 | 841 | 1.1k |
| Cash from Investing | -71 | -106 | -147 | -793 | -11 | -66 | -1.6k | 20 |
| Cash from Financing | -13 | -13 | -12 | -106 | -129 | -107 | 704 | -1.1k |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 70 | 101 | -71 | 795 | -44 | 50 | 753 | 988 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
SANDUMA · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.