Firstly the 50 litre spec is just marketing hype, little more.
Next, is this air displacement or free air delivery? I suspect it is the former which may bear little resemblance to the real (true) capacity of the machine.
As an aside, don’t use sand. Use the proper grit abrasives. The fine dust from sand is carcinogenic (it can, at least, cause serious respiratory illness if not cancer).
Of course you can get away with it, but your run time (feeding abrasive) will likely be seriously restricted and/or your compressor motor may exceed its run factor, the pump may well overheat and generally shorten the useful life of the compressor – particularly if the machine is a cheap budget machine.
Depends a lot, too, on the size on the cabinet and hence the nozzle diameter – details of which we are not privy to.
Overall, I think you are simply hoping replies to justify an under-sized machine. That is not coming from me, I’m afraid.