
Sandur Manganese and Iron Ores vs KIOCL: Share Price, Comparison and Key Differences
Sandur Manganese and Iron Ores MCap Rs 9,997 Cr, PE 13.90x, ROE 20.18%. KIOCL MCap Rs 23,754 Cr, PE 1447.59x (near-zero earnings, EPS Rs 0.27!), ROE 0.95%.
Updated: 12 Aug 2026 • 12:56 pm
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Sandur Manganese and Iron Ores vs KIOCL is a comparison mining sector investors look up when evaluating two listed Indian mining and minerals companies. Sandur Manganese and Iron Ores, a Karnataka-based company, mines and produces manganese ore, iron ore and ferroalloys (silico manganese) from its mines in Bellary-Hospet region. KIOCL (Kudremukh Iron Ore Company Limited), a Mangalore-based Government of India enterprise, produces iron ore pellets from imported iron ore fines and concentrates for the steel industry. Both Sandur vs KIOCL are listed Indian mineral companies, though KIOCL currently has near-zero earnings.
This Sandur Manganese and Iron Ores vs KIOCL article covers reach and market position, key products, latest declared results and stock valuation. All data is sourced from Groww and public company filings.
Reach and Market Position
In this Sandur Manganese and Iron Ores vs KIOCL comparison, Sandur Manganese mines manganese ore and iron ore from Karnataka and manufactures ferro alloys at its integrated facilities. Market capitalisation is Rs 9,997 Cr.
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KIOCL imports iron ore fines and manufactures iron ore pellets at its Mangalore facility for sale to Indian steel producers. Market capitalisation is Rs 23,754 Cr.
Key Products and Business Mix
For the Sandur Manganese and Iron Ores vs KIOCL product breakdown, Sandur Manganese and Iron Ores: Sandur earns from manganese ore, iron ore and ferro manganese/silico manganese alloys. EPS is Rs 14.79. PE is 13.90x, ROE 20.18 percent, D/E 0.31.
KIOCL: KIOCL earns from iron ore pellet manufacturing. EPS is Rs 0.27 (near-zero earnings!). PE is 1,447.59x – artificially high due to near-zero profits. ROE is 0.95 percent. KIOCL is essentially at breakeven. Investors should note KIOCL's near-zero profitability.
Latest Results and Financial Data
On the Sandur Manganese and Iron Ores vs KIOCL results front: Sandur Manganese has a market cap of Rs 9,997 Cr and PE of 13.90x. ROE is 20.18 percent – a strong mining company return. Sandur is profitable and capital-efficient.
KIOCL has a market cap of Rs 23,754 Cr but PE of 1,447x due to near-zero earnings (EPS only Rs 0.27). ROE is 0.95 percent. KIOCL is 2.4 times larger in market cap but generates only near-breakeven profits. Investors considering KIOCL must note its near-zero profitability.
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Stock Performance and Valuation
Investors tracking the Sandur Manganese and Iron Ores vs KIOCL comparison should verify current prices on NSE or BSE before trading. The Sandur Manganese and Iron Ores vs KIOCL stock data below reflects the latest available figures from Groww and public company filings.
Sandur vs KIOCL at current valuations: Sandur trades at Rs 9,997 Cr market cap, PE 13.90x, ROE 20.18 percent. KIOCL trades at Rs 23,754 Cr market cap, PE 1,447x (near-zero earnings). Sandur is the clear financial leader – profitable with good ROE. KIOCL is a larger but essentially breakeven PSU.
Sandur Manganese and Iron Ores vs KIOCL: Quick Comparison Table
The comparison table below summarises the key metrics side by side.
| Parameter | Sandur Manganese and Iron Ores | KIOCL |
|---|---|---|
| Sector | Manganese ore + iron ore + ferro alloys (Karnataka, privately owned) | Iron ore pellets (PSU, Mangalore, imports ore fines from overseas) |
| Market Cap | Rs 9,997 Cr | Rs 23,754 Cr |
| P/E Ratio | 13.90x | 1,447.59x (near-zero earnings!) |
| ROE | 20.18% | 0.95% (near-zero) |
| Profitability | Profitable | Near-zero earnings (EPS Rs 0.27) |
| Ownership | Promoter-owned (Karnataka) | Government of India (PSU) |
| Dividend Yield | 0.24% | None |
Conclusion
The Sandur Manganese and Iron Ores vs KIOCL comparison above covers reach, products, results and valuation. Sandur Manganese and Iron Ores vs KIOCL covers a privately owned profitable mining company versus a government-owned near-breakeven pellet company. Sandur is profitable, capital-efficient and attractively priced. KIOCL has a large government-backed market cap but near-zero earnings. Sandur vs KIOCL investors should track manganese prices, ferro alloy demand and KIOCL's pellet price realizations. Consult a SEBI-registered advisor for personalised guidance.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What does Sandur Manganese produce?
Ans. Sandur Manganese and Iron Ores mines manganese ore and iron ore in Karnataka's Bellary-Hospet belt. It also manufactures ferro manganese and silico manganese alloys (used in steel production to control composition) at its captive ferro alloy plant.
What does KIOCL do?
Ans. KIOCL (Kudremukh Iron Ore Company Limited) imports iron ore fines from overseas, processes them into iron ore pellets at its Mangalore pellet plant, and supplies these pellets to Indian steel producers (DRI/direct reduction plants).
Why is KIOCL PE so high?
Ans. KIOCL's PE of 1,447x reflects near-zero earnings (EPS only Rs 0.27). The company generates minimal profit despite its large asset base. PE ratios become extreme and meaningless when earnings are near zero.
What is ferro alloy?
Ans. Ferro alloys are iron alloys with high proportions of one or more other elements – manganese, silicon, chromium, etc. Ferro manganese and silico manganese are added to molten steel during steelmaking to control chemical composition.
Are Sandur and KIOCL in Nifty 50?
Ans. Neither is in Nifty 50. Both are tracked in smaller indices.
Which is larger by market cap?
Ans. KIOCL at Rs 23,754 Cr is approximately 2.4 times larger than Sandur Manganese at Rs 9,997 Cr by market cap.
Is KIOCL a PSU?
Ans. Yes. KIOCL is a Government of India enterprise under the Ministry of Steel. The government holds the majority stake in KIOCL.
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