Sarda Energy & Minerals , through its wholly owned subsidiary Sarda Metals & Alloys Limited, has launched RHINO, a groundbreaking rock mineral wool insulation product, at the 23rd Green Building Congress in Mumbai. This innovative product marks a significant milestone in India's sustainable building materials industry, promising substantial energy savings and environmental benefits.

Key Features of RHINO

Sustainable Innovation

RHINO represents a leap forward in sustainable construction materials. By eliminating the use of fossil fuels in its manufacturing process, Sarda Group has positioned RHINO as India's greenest rock mineral wool insulation solution. This aligns with the growing global emphasis on reducing carbon footprints in the construction industry.

Energy Efficiency and Safety

The product's promise of 45-50% annual energy savings is a significant selling point for both residential and commercial applications. This level of efficiency can lead to substantial cost reductions for building owners and operators while contributing to overall energy conservation efforts.

RHINO's fire resistance capability, withstanding temperatures up to 1000 degrees Celsius, adds a crucial safety dimension to its profile. This feature is particularly valuable in high-rise buildings and industrial settings where fire safety is paramount.

Environmental Impact

With up to 65% lower CO2 emissions compared to conventional alternatives, RHINO addresses the pressing need for reducing the construction industry's environmental impact. Buildings are significant contributors to global CO2 emissions, and products like RHINO can play a vital role in mitigating this environmental challenge.

Market Implications

The launch of RHINO at the Green Building Congress, a premier event for sustainable construction in Asia, signals Sarda Group's commitment to leading the green building revolution in India. This move could potentially reshape the insulation market, encouraging other manufacturers to invest in more sustainable production methods.

For investors in Sarda Energy & Minerals, this product launch represents a strategic expansion into high-value, environmentally conscious building materials. It could open up new revenue streams and enhance the company's position in the sustainable construction sector.

Conclusion

The introduction of RHINO by Sarda Metals & Alloys Limited marks a significant step towards more sustainable and energy-efficient construction practices in India. As the building industry continues to seek ways to reduce its environmental footprint, products like RHINO are likely to see increasing demand. This launch not only positions Sarda Group at the forefront of green innovation but also contributes to the broader goal of creating more sustainable urban environments.

Sarda Energy & Minerals Limited has reported a robust financial performance for the second quarter of fiscal year 2026, with significant growth in revenue and profitability. The company's strategic investments in diverse energy sectors are paying off, as evidenced by record-breaking production levels across multiple segments.

Financial Highlights

Sarda Energy posted consolidated revenue of INR 1,528.00 crores for Q2 FY26, marking a substantial 32% year-on-year increase. The company's EBITDA rose to INR 580.00 crores, while profit after tax grew by an impressive 61% to INR 328.00 crores.

Operational Achievements

The company achieved its highest-ever half-yearly production across several key areas:

• Iron ore pellets
• Captive power generation
• Hydropower generation
• Coal operations in Indonesia

Power Segment Performance

The Independent Power Producer (IPP) thermal power plant showed remarkable improvement, ranking 11th in all-India capacity utilization for the half-year, a significant jump from its 125th position in the previous year. The plant achieved a power load factor of 85.27% in Q2, compared to 56.13% in the same quarter last year.

Hydropower generation saw a 32% year-on-year increase, reaching 482 million units in the first half of FY26, supported by above-average monsoon conditions.

New Projects and Expansions

• The 25-megawatt Rehar Hydropower project was successfully commissioned in July 2025, achieving a power load factor of 110% during the quarter.
• Sarda Energy secured the allocation for the Senduri coal block in Madhya Pradesh's Shahdol district, expanding its coal mining portfolio.
• The company is progressing with a 50-megawatt captive solar power plant, expected to be commissioned by the end of the current financial year.

Strategic Outlook

Padam Kumar Jain, Director and CFO, stated, "We remain confident of delivering record results for financial year '26 despite sectoral challenges in the steel sector. Our strategy of reinvesting surplus cash into diversified future-ready projects provides visibility on the growth perspective."

The company is pursuing a balanced approach in its power sales strategy, aiming for:

• 50% of capacity tied up in medium or long-term contracts
• 20% for short to medium-term agreements
• 25% for open market sales

This strategy is designed to optimize realizations across different market conditions.

Upcoming Developments

• Expansion of the Gare Palma IV/7 coal mine from 1.68 million tons to 1.80 million tons per annum is expected in the current quarter.
• The company is in the process of seeking approvals for the expansion of its existing 600-megawatt IPP thermal power project.
• Three small hydropower projects of 25 megawatts each are in various stages of approval.

Sarda Energy & Minerals Limited's diversified portfolio and strategic investments in the energy sector position it well for sustained growth, despite cyclical challenges in the steel industry. The company's focus on renewable energy sources and efficient power generation is likely to contribute significantly to its future performance.