Sarda Energy & Minerals Limited

300 MW

Historical Financials 3 Q4 & FY25 Highlights Key Business Highlights ❖ Thermal IPP, Binjkot - 2x300 MW (erstwhile SKS Power): • FY25 consolidated financials incorporate only seven months (from 22-Aug-

142 MW

ntenance from 25-Feb-25 to 23-Mar-25 o PLF has improved progressively thereafter ❖ Hydro Power (142 MW of Operational Assets): • Stable business, contributed Rs 330 Cr of Revenue in FY25 having 72% EBI

Rs 330

ressively thereafter ❖ Hydro Power (142 MW of Operational Assets): • Stable business, contributed Rs 330 Cr of Revenue in FY25 having 72% EBITDA Margin • Additionally upcoming 24.9 MW Rehar Plant commence

72%

(142 MW of Operational Assets): • Stable business, contributed Rs 330 Cr of Revenue in FY25 having 72% EBITDA Margin • Additionally upcoming 24.9 MW Rehar Plant commenced Trial Production on 10th Jan 2

24.9 MW

usiness, contributed Rs 330 Cr of Revenue in FY25 having 72% EBITDA Margin • Additionally upcoming 24.9 MW Rehar Plant commenced Trial Production on 10th Jan 2025, will contribute from FY26 onwards ❖ Met

59%

weak demand, global uncertainties and modification related shutdowns Segment-wise EBIT Mix (%) 59% 21% 20% FY24 34% 19% 47% FY25 Energy Ferro Alloys Steel Rising Share of Non-Cyclical bu

21%

demand, global uncertainties and modification related shutdowns Segment-wise EBIT Mix (%) 59% 21% 20% FY24 34% 19% 47% FY25 Energy Ferro Alloys Steel Rising Share of Non-Cyclical busines

20%

nd, global uncertainties and modification related shutdowns Segment-wise EBIT Mix (%) 59% 21% 20% FY24 34% 19% 47% FY25 Energy Ferro Alloys Steel Rising Share of Non-Cyclical business str

34%

uncertainties and modification related shutdowns Segment-wise EBIT Mix (%) 59% 21% 20% FY24 34% 19% 47% FY25 Energy Ferro Alloys Steel Rising Share of Non-Cyclical business streams (Therm

19%

tainties and modification related shutdowns Segment-wise EBIT Mix (%) 59% 21% 20% FY24 34% 19% 47% FY25 Energy Ferro Alloys Steel Rising Share of Non-Cyclical business streams (Thermal &

47%

ies and modification related shutdowns Segment-wise EBIT Mix (%) 59% 21% 20% FY24 34% 19% 47% FY25 Energy Ferro Alloys Steel Rising Share of Non-Cyclical business streams (Thermal & Hydro

Rs 1,239

ms (Thermal & Hydro Power) 5 Consolidated - Performance Highlights 5 2 Y F 4 Q 5 2 Y F Revenue Rs 1,239 Cr  39% YoY Rs 4,643 Cr  20% YoY EBITDA Rs 317 Cr (24.7% Margin)  62% YoY Rs 1,410 Cr (29.3

“Investor Presentation on the results for Q4 & FY25 With reference to the captioned subject, pursuant to Regulation 30 (6) read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, we are enclosing herewith the Investor Presentation on the Q4 & FY25 results of our Company.”

“No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.”

“81.5 MW (at Siltara Plant) 2x300 MW at Raigarh (erstwhile SKS Power) Visakhapatnam 80 MW 48.90 MW* *Includes 24.9 MW Rehar Project Uttarakhand 4.8 MW Sikkim 113 MW 50 MW* *Work In Progress, COD expected in FY26 Pellets (9 lac MT) Sponge Iron (3.6 lac MT) Billets (3 lac MT) Wire Rod (2.5 lac MT) H.B.”

“Solar Power • 50 MW plant being installed at Chhattisgarh for captive consumption, replacing costly grid power; Work in progress; Plant is likely to be operational in FY26.”

“Mineral Fibre Project • The Mineral Fibre Project has commenced production effective 28-Mar-25.”

“1.80 MTPA - 5.20 MTPA, Gare Palma IV/7 Expected capacity expansion to 1.80 MTPA in Q1FY26; Seeking approvals for further enhancement to 5.20 MTPA which will be carried out in phases.”

“Energy (Captive Use) - Meets 100% of in-house Power Requirement Thermal Power Operational Capacity 81.5 MW Solar Power Upcoming Capacity 2*300 MW 50 MW, Chhattisgarh Chhattisgarh Siltara Plant (60 MW coal and 21.5 MW Waste Heat, captive use) Work in progress; Plant is likely to be operational in FY26 80 MW Vizag Plant (captive use) The horizon of growth… We are developing a 50 MW Solar Power Plant in Chhattisgarh, for captive consumption.”

“This project will replace costly grid power, significantly reducing our energy expenses.”

“Energy (Commercial) - Operational Hydro Power Assets of ~167 MW Operational Capacity Upcoming Capacity 24.9 MW, Kotaiveera, Chhattisgarh Project is based on IB river and is in approval stage.”

“Metals | Stable, Fully-integrated Business Steel Ferro Alloys The horizon of growth… Cost reduction and carbon footprint mitigation initiatives like the Mineral Wool Project, utilization of Waste Heat, among others.”

Note

2

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1

Sub

Investor Presentation on the results for Q4 & FY25 With reference to the captioned subject, pursuant to Regulation 30 (6) read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, we are enclosing herewith the Investor Presentation on the Q4 & FY25 results of our Company. The said Investor Presentation is also being placed on the website of the Company - www.seml.co.in. The said presentation will also be shared with various Analysts / Investors. You are requested to take the same on records and disseminate it for the information of the investors. Please acknowledge receipt. Thanking you, Yours faithfully, For Sarda Energy & Minerals Ltd. Company Secretary Encl: As above Expanding Horizons of Growth Minerals | Energy | Metals Investor Presentation | Q4 & FY25 Safe Harbour Statement This presentation and the accompanying slides (the “Presentation”), which have been prepared by Sarda Energy & Minerals Ltd (the “Company”) solely for informa

Note

23 213 78 54 47 9 47 289 - 26 306 -4% -11% -26% -42% 3% 3% 6% NA -13% -31% 206 87 61 53 8 40 292 980 120 429 -9% -21% -35% -48% 6% 19% 5% 6% -81% -51% 819 319 205 169 35 183 1,244 2,238 508 1,680 810 316 229 193 38 200 1,262 - 482 1,440 1% 1% -10% -13% -9% -9% -1% NA 5% 17% 1) Temporary shutdown at our steel plant and one ferro alloy furnace for modifications in Q4FY25 2) IPP was acquired w.e.f. 22-08-2024. One unit of IPP was under shutdown from 1st Sept 2024 for periodical overhauling and was restarted on 12th October 2024. Thereafter, one unit of IPP was under shutdown from 25th Feb 2025 to 23rd Mar 2025 on account of maintenance due to a fire incident 3) Hydro Power Generation is seasonal, hence not comparable QoQ 4) Coal production was down in Q4FY25 due to the achievement of approved capacity of 1.68 million MT 7 Sales Trend Sales (‘000 MT) Iron Ore Pellet Sponge Iron Steel Billet Wire Rod H. B Wires Ferro Alloys Thermal Power, Captive (Mn KwH) Thermal Power, IPP (Mn KwH) Hydro P

Note

Q4FY25 Q4FY24 YoY % Q3FY25 QoQ % FY25 FY24 YoY % 115 128 32 11 18 9 46 19 943 21 5 30 6 39 9 46 16 - 24 285 -10% 8% 99% -54% 5% 1% 19% NA -12% -98% 126 26 7 44 9 43 14 881 113 7 -9% 22% 66% -58% 0% 7% 30% 7% -81% -32% 501 118 31 133 35 181 82 2,014 476 354 517 103 31 154 38 195 81 - 452 847 -3% 15% -1% -14% -7% -7% 1% NA 5% -58% 1) A part of all Production is captively consumed for production of downstream products; 2) Quantities of Traded goods not included; 3) Coal Sales reduced due to higher internal consumption 8 Realization Trend Steel Products’ Realization Trend 2,162 3,595 13,370 16,716 9,460 Q4FY24 2,786 3,994 15,125 18,028 9,634 Q1FY25 2,849 4,071 13,822 15,522 9,151 Q2FY25 2,530 3,414 14,424 16,053 9,142 Q3FY25 2,182 4,231 14,990 15,240 9,341 Q4FY25 Iron Ore Pellet Sponge Iron Steel Billets Wire Rod H.B. Wire Value Addition Realization Ferro Alloys’ Realization Trend The average domestic market realisation for Q4FY25 stood at Rs 69,777 per MT (up 5% QoQ) for Ferro Manganese a