# SHYAMMETL (SHYAMMETL) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/shyammetl

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,099.7
- Change: +2.11%
- As of: 2026-09-18
- 1D return: +2.14%
- 5D return: +1.28%
- 1M return: +10.35%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 17, 2026, SHYAMMETL is trading at ₹1077.0. The daily and weekly timeframes indicate a bullish technical stance, with prices above key moving averages and the Supertrend indicator. However, the monthly timeframe presents a conflicting bearish signal, with the price below the monthly Supertrend. This suggests a potential short-term uptrend within a longer-term uncertain or consolidating trend. The stock is currently positioned in the upper range of its recent price action across multiple periods. The annualized volatility stands at 30%, with a current drawdown of -2% and a maximum historical drawdown of -23%.

Key support is observed around ₹1067.87, representing the nearest high-level support. Resistance is noted at ₹1087.73, approximately 1% above the current price. A break above this resistance could signal further upward momentum, while a move below the ₹1067.87 support level may indicate increasing downside pressure, especially given the conflicting monthly trend signals.

- Daily and weekly timeframes show bullish price action, with prices above key moving averages and the Supertrend.
- The monthly timeframe shows a bearish signal, with the price below the monthly Supertrend.
- Nearest support is identified at ₹1067.87.
- Nearest resistance is identified at ₹1087.73.
- Annualized volatility is 30%, with a current drawdown of -2%.

- Inside Bar
- Doji
- Morning Star
- Bearish Engulfing Reversal
- Outside Bar

### News Context

During the week ending September 18, 2026, the steel sector saw commentary from Motilal Oswal regarding firm steel prices, lean inventories, and resilient demand. The brokerage anticipates stronger realisations for domestic steelmakers due to pricing and cost-led earnings growth. Motilal Oswal highlighted JSW Steel and Tata Steel as its top picks, favouring companies with cost advantages and raw-material access. Separately, A-One Steels India announced its Initial Public Offering (IPO) with a price band of ₹385-₹405, aiming to raise ₹405 crore. The IPO was scheduled to open on September 24, 2026.

- Motilal Oswal expects firm steel prices and resilient demand to support earnings growth for domestic steelmakers, according to a report on September 18, 2026.
- The brokerage favours companies with cost advantages and raw-material access, naming JSW Steel and Tata Steel as top picks.
- A-One Steels India set its IPO price band at ₹385-₹405, with the offering to open on September 24, 2026, as reported on September 17, 2026.
- A-One Steels India's IPO aims to raise ₹405 crore.

- Motilal Oswal sees surging steel prices to offset cost inflation for metal majors. Here are its top stock picks
- A-One Steels India sets price band at Rs 385-405; Rs 405-crore IPO to open on September 24

### What Changed

Shyam Metalics and Energy, trading on the NSE, experienced a price increase from ₹1048.0 to ₹1077.0 between the observation date of 2026-09-17 and the report date of 2026-09-18. Recent news highlights a brokerage's view that firm steel prices, coupled with lean inventories and resilient demand, are expected to support earnings growth for domestic steelmakers. This outlook suggests stronger realisations ahead, favoring companies with cost advantages and raw-material access. However, the provided evidence does not detail specific impacts on Shyam Metalics and Energy from these broader market trends or any new corporate filings.

- Shyam Metalics and Energy's stock price rose to ₹1077.0 on 2026-09-17 from ₹1048.0 on 2026-09-18.
- A brokerage report from Motilal Oswal anticipates firm steel prices and resilient demand to benefit domestic steelmakers.
- The brokerage's outlook suggests stronger realisations for companies with cost advantages and raw-material access.
- No new corporate filings for Shyam Metalics and Energy were reported as of 2026-09-18.

- Motilal Oswal sees surging steel prices to offset cost inflation for metal majors. Here are its top stock picks

### Official Filings

Shyam Metalics and Energy Limited's recent disclosures highlight operational updates and corporate governance actions. The company reported a significant year-over-year increase in Carbon Steel (Flat) sales volumes for August 2026, up 114.14%, with a 13.87% rise in realizations. This period also saw the successful commissioning and stable operations of its new aluminium foil plant in Sambalpur. The company's 24th Annual General Meeting (AGM) on August 25, 2026, saw shareholders approve all resolutions, including the adoption of financial statements for the fiscal year ending March 31, 2026, and the declaration of dividends totaling ₹4.50 per share (₹1.80 interim and ₹2.70 final). Additionally, shareholders approved a special resolution for potential fund-raising up to ₹4,500 crore. In terms of employee incentives, the Nomination and Remuneration Committee granted stock options to eligible employees, with specific vesting schedules and exercise prices detailed. The company also received ESG ratings from CRISIL ESG Ratings and Analytics Limited (53) and ESG Risk Assessments and Insights Limited (48), the latter being an unsolicited assessment.

- On August 25, 2026, shareholders approved dividends of ₹1.80 (interim) and ₹2.70 (final) per share for the fiscal year ended March 31, 2026.
- Shareholders also approved a special resolution on August 25, 2026, to raise funds up to ₹4,500 crore.
- For August 2026, Carbon Steel (Flat) sales volumes increased by 114.14% year-over-year, with realizations up 13.87%.
- The company's new aluminium foil plant at Sambalpur achieved stable operations following its July 2026 launch.
- On September 5, 2026, 11,000 stock options were granted to one employee at an exercise price of ₹798.98 per share, vesting over four years.
- On August 29, 2026, 20,900 stock options vested for employees, representing the first anniversary of their grant date.

- Shyam Metalics And Energy Limited has informed the Exchange about General Updates on ESG Rating "53" to the Company by CRISIL ESG Ratings and Analytics Limited |SUBJECT: General Updates
- Shyam Metalics And Energy Limited has informed the Exchange regarding Monthly Business Updates for the month of August 2026 |SUBJECT: Monthly Business Updates
- Shyam Metalics And Energy Limited has informed the Exchange about Grant of Options to 1 Eligible Employee under ESIP - 2023 |SUBJECT: General Updates
- Shyam Metalics And Energy Limited has informed the Exchange about General Updates regarding the ESG Rating provided to the Company by ESG Risk Assessments and Insights Limited. |SUBJECT: General Updates
- Shyam Metalics And Energy Limited has informed the Exchange about General Updates regarding Vesting of Options on Completion of 1 year of Grant |SUBJECT: General Updates
- Shyam Metalics And Energy Limited has submitted the Exchange a copy Srutinizers report of undefined held on August 25, 2026. Further, the company has informed the Exchange regarding voting results. |SUBJECT: Shareholders meeting
- Shyam Metalics And Energy Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 25, 2026 |SUBJECT: Shareholders meeting

### Fundamentals

Shyam Metalics and Energy reported revenue from operations of ₹5,455.09 crore for Q1 FY2026-27. This follows a significant increase in revenue to ₹18,552.21 crore in Q4 FY2025-26 from ₹4,421.46 crore in Q3 FY2025-26. Profit Before Tax (PBT) for Q1 FY2026-27 stood at ₹469.21 crore, an increase from ₹270.04 crore in Q3 FY2025-26, but lower than the ₹1,462.27 crore reported in Q4 FY2025-26. The company's Profit Loss For Period followed a similar trend, reaching ₹350.73 crore in Q1 FY2026-27, compared to ₹197.51 crore in Q3 FY2025-26 and ₹1,060.17 crore in Q4 FY2025-26. Other Comprehensive Income showed a notable increase to ₹105.91 crore in Q1 FY2026-27 from ₹10.12 crore in Q3 FY2025-26 and ₹1.34 crore in Q4 FY2025-26. Tax expenses were ₹118.50 crore in Q1 FY2026-27, ₹402.20 crore in Q4 FY2025-26, and ₹72.53 crore in Q3 FY2025-26.

Operating expenses generally moved in line with revenue, with expenses at ₹5,032.97 crore in Q1 FY2026-27, ₹17,293.55 crore in Q4 FY2025-26, and ₹4,203.11 crore in Q3 FY2025-26. The company's ability to translate revenue into profit appears to have moderated in Q1 FY2026-27 compared to the preceding quarter, though it remains above the Q3 FY2025-26 levels. Key monitoring areas include the sustainability of revenue levels and the company's ability to manage operating expenses to maintain profitability margins.

- Revenue from operations was ₹5,455.09 crore in Q1 FY2026-27.
- Profit Loss For Period was ₹350.73 crore in Q1 FY2026-27.
- Other Comprehensive Income increased to ₹105.91 crore in Q1 FY2026-27.
- Expenses for Q1 FY2026-27 were ₹5,032.97 crore.

### Bull Case

Shyam Metalics and Energy's technical indicators show a constructive setup across multiple timeframes. The daily and weekly trends are both exhibiting bullish signals, with positive slopes on moving averages and the Supertrend indicator in a bullish direction. This suggests upward momentum is present in the shorter to medium term. The stock has also demonstrated positive returns over various periods, including a 39% return in the last six months and a 28% year-to-date return, indicating recent performance strength. While the monthly trend shows a bearish Supertrend direction, the daily and weekly bullishness, coupled with positive recent returns, presents a favorable technical picture.

- The daily trend analysis shows a bullish Supertrend direction with an ADX of 22.68 and a positive EMA 20 slope of 6.4.
- The weekly trend analysis also indicates a bullish Supertrend direction, with an ADX of 22.73 and a positive EMA 20 slope of 43.4.
- The company has achieved a 39% return over the past six months and a 28% year-to-date return as of 2026-09-17.
- Nearest support levels are observed around ₹1067.87, while resistance is noted near ₹1087.73.

- Motilal Oswal sees surging steel prices to offset cost inflation for metal majors. Here are its top stock picks
- A-One Steels India sets price band at Rs 385-405; Rs 405-crore IPO to open on September 24

### Bear Case

The company's technical indicators present a mixed picture, with a bullish trend observed on daily and weekly timeframes, indicated by positive Exponential Moving Average (EMA) slopes and Supertrend direction. However, the monthly trend analysis shows a bearish Supertrend direction, suggesting potential headwinds over a longer period. The stock is trading near its nearest resistance levels, with the closest at ₹1087.73, representing a 1.0% increase from the current price. The company has experienced a maximum drawdown of -23% and a current drawdown of -2%, indicating past and present volatility.

- Monthly trend analysis shows a bearish Supertrend direction.
- The stock is trading near its nearest resistance level of ₹1087.73.
- The company has experienced a maximum drawdown of -23% and a current drawdown of -2%.

- Motilal Oswal sees surging steel prices to offset cost inflation for metal majors. Here are its top stock picks
- A-One Steels India sets price band at Rs 385-405; Rs 405-crore IPO to open on September 24

### FAQs

**What were Shyam Metalics and Energy's recent business performance highlights for August 2026?**

For August 2026, Shyam Metalics and Energy reported an 114.14% year-over-year increase in Carbon Steel (Flat) sales volumes and a 13.87% rise in realizations. The company also noted that its new aluminium foil plant in Sambalpur, launched in July 2026, achieved stable operations. Significant volume growth was also observed across Stainless Steel, Speciality Alloys, and Metallics segments compared to the previous year.

**What is the company's current technical trend based on recent data?**

As of September 17, 2026, the daily trend for Shyam Metalics and Energy is indicated as bullish, with the closing price of ₹1077.0 above the 20-day and 50-day Exponential Moving Averages (EMAs) and Simple Moving Averages (SMAs). The Supertrend indicator is also showing a bullish signal. However, the monthly trend is indicated as bearish, with the closing price below the monthly Supertrend level of ₹1174.65.

**What recent ESG ratings has Shyam Metalics and Energy received?**

Shyam Metalics and Energy announced on September 16, 2026, that CRISIL ESG Ratings and Analytics Limited assigned the company an ESG rating of '53'. Additionally, on September 3, 2026, the company disclosed an ESG rating of '48' from ESG Risk Assessments and Insights Limited, which was voluntarily assigned based on publicly available data.

**How has Shyam Metalics and Energy's stock performed over different periods?**

As of September 17, 2026, Shyam Metalics and Energy's stock has shown positive returns over several periods. It returned 3% in the last day, 9% in the last month, 13% in the last three months, and 18% in the last year. Year-to-date, the return is 28%, and since the start of trading, it has returned 44%. The stock has also seen a 39% return in the last six months.

- Motilal Oswal sees surging steel prices to offset cost inflation for metal majors. Here are its top stock picks
- A-One Steels India sets price band at Rs 385-405; Rs 405-crore IPO to open on September 24
- Shyam Metalics And Energy Limited has informed the Exchange about General Updates on ESG Rating "53" to the Company by CRISIL ESG Ratings and Analytics Limited |SUBJECT: General Updates
- Shyam Metalics And Energy Limited has informed the Exchange regarding Monthly Business Updates for the month of August 2026 |SUBJECT: Monthly Business Updates
- Shyam Metalics And Energy Limited has informed the Exchange about Grant of Options to 1 Eligible Employee under ESIP - 2023 |SUBJECT: General Updates
- Shyam Metalics And Energy Limited has informed the Exchange about General Updates regarding the ESG Rating provided to the Company by ESG Risk Assessments and Insights Limited. |SUBJECT: General Updates
- Shyam Metalics And Energy Limited has informed the Exchange about General Updates regarding Vesting of Options on Completion of 1 year of Grant |SUBJECT: General Updates
## Technical analytics

- As of: 2026-09-18
- Daily trend: Strong Uptrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹1,072.1
- Risk regime: Price Risk Currently Contained

### Support levels
- 875.23828125
- 829.35
- 776.4

### Resistance levels
- 1111
- 1120.6000000000001
- 1147.3000000000002

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +2.14% |
| return_10 | +2.19% |
| return_1m | +11.04% |
| return_1y | +20.19% |
| return_20 | +10.35% |
| return_3m | +12.81% |
| return_5 | +1.28% |
| return_6m | +39.85% |
| return_since_start | +47.47% |
| return_ytd | +30.66% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | contained_risk |
| label | Price risk currently contained |
| summary | Recent drawdown and price variability remain within the producer's contained-risk thresholds. |
| maximum_drawdown | -23.25% |
| annualized_volatility | +30.10% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue and Profit Grow Year-over-Year, But Sequential Decline Follows an Exceptionally High Prior Quarter

In Q1 FY2026‑27, Shyam Metalics and Energy reported revenue of ₹5,455 crore and net profit of ₹351 crore, representing a 23.5% increase in revenue and a 20.7% increase in net profit compared with the same quarter last year. These figures were, however, substantially lower than the immediately preceding quarter, which had an unusually large revenue and profit base. The current‑quarter results are in line with the first three quarters of the previous fiscal year, making the sequential comparison less indicative of an underlying trend.

## Revenue and Expenses

Revenue from operations was ₹5,455.09 crore, up 23.45% from ₹4,418.84 crore in Q1 FY2025‑26. Total expenses rose 23.25% to ₹5,032.97 crore, from ₹4,083.54 crore a year earlier. The expense‑to‑revenue ratio remained essentially stable at 92.3%, compared with 92.4% in the year‑ago quarter.

The sequential decline from Q4 FY2025‑26 was sharp: revenue fell 70.6% from ₹18,552.21 crore, and expenses fell 70.9% from ₹17,293.55 crore. The Q4 figures were far above the other quarters of the previous fiscal year, so the quarter‑on‑quarter drops do not signal a new downtrend.

## Profitability

Profit before tax (PBT) stood at ₹469.21 crore, a 20.64% rise from ₹388.94 crore in Q1 FY2025‑26. Net profit was ₹350.73 crore, up 20.66% from ₹290.67 crore.

The PBT margin edged down to 8.6% from 8.8% a year ago, while the net profit margin slipped to 6.4% from 6.6%. Although the expense‑to‑revenue ratio was virtually flat, the small margin declines reflect factors beyond the core expense structure, including the contribution of other income.

Tax expense was ₹118.50 crore, resulting in an effective tax rate of 25.3%—unchanged from the 25.3% rate in Q1 FY2025‑26 (₹98.27 crore on ₹388.94 crore of PBT).

## Expense Composition

In the quarter, the largest cost was materials consumed, at ₹4,214.49 crore, accounting for 83.7% of total expenses. Employee benefit expense was ₹135.62 crore (2.7% of expenses), depreciation and amortisation was ₹264.87 crore (5.3%), and finance costs were ₹78.30 crore (1.6%).

Finance costs nearly doubled year‑on‑year from ₹39.78 crore to ₹78.30 crore, a 96.8% increase. While the absolute amount remains small relative to revenue, the jump is a notable shift in the cost structure.

## Other Comprehensive Income

Other income in the quarter was ₹47.09 crore. Other comprehensive income (OCI) surged to ₹105.91 crore, compared with ₹40.15 crore in Q1 FY2025‑26 and just ₹1.34 crore in the preceding quarter. OCI captures items such as revaluation gains or losses that do not flow through the profit‑and‑loss statement. Combined with net profit, total comprehensive income for the quarter reached ₹456.64 crore, well above the net profit figure.

## Key Takeaway

Shyam Metalics and Energy delivered solid year‑on‑year growth in revenue and net profit, and the cost‑to‑revenue ratio remained consistent. The steep sequential fall is a function of an exceptionally large Q4 FY2025‑26 and does not represent a weakening trend when viewed against the prior‑year quarterly pattern. The doubling of finance costs and a large contribution from other comprehensive income were standout features of the quarter.

### Ratios

## Official filings

- 2026-09-16 — Generic Announcement: Shyam Metalics and Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_16092026104232_SEIntimationESGRating16092026.pdf)
- 2026-09-07 — Generic Announcement: Shyam Metalics and Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_07092026124515_SalesRelease07092026.pdf)
- 2026-09-05 — Generic Announcement: Shyam Metalics and Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_05092026122630_IntimationofGrant05092026.pdf)
- 2026-09-03 — Generic Announcement: Shyam Metalics and Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_03092026171254_SMELIntimationofESG03092026.pdf)
- 2026-08-31 — Generic Announcement: Shyam Metalics and Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_31082026112847_SMELIntimationofVesting31082026F.pdf)
- 2026-08-27 — Generic Announcement: Shyam Metalics and Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_27082026114727_SignedScrutinsersReportVotingResult.pdf)
- 2026-08-25 — Generic Announcement: Shyam Metalics and Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_25082026165631_Proceedingsofagm.pdf)
- 2026-08-07 — Generic Announcement: Shyam Metalics and Energy Limited has issued a clarification regarding a typographical error in the Record Date for its Annual General Meeting. The incorrect Record Date mentioned was August 18, 2026, while the correct Record Date is August 7, 2026. The company has submitted a corrected notice and confirmed that the correct date is already reflected on the exchange portals. — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_07082026105846_SmelAnnualReportFY202526.pdf)
- 2026-08-06 — Generic Announcement: Shyam Metalics and Energy Limited reported sales for the month ended July 31, 2026, showing a 12.92% year-over-year increase in sales volume and a 36.13% increase in realization for Stainless Steel. Aluminium Foil sales volume increased 8.24% YoY with a 36.33% realization increase. Pellet sales volume increased 87.61% YoY with a 0.05% realization increase. Speciality Alloys saw a 20.27% decrease in sales volume but a 20.47% increase in realization YoY. Carbon Steel sales volume increased 10.8% YoY with a 1.13% realization increase. CR Coil/CR Sheets sales volume increased 53.10% YoY with a 17.59% realization increase. HR Tube/Pipe sales volume increased 460.18% YoY with an 11.16% realization increase. Sponge Iron sales volume decreased 47.54% YoY with a 1.66% realization decrease. Pig Iron sales volume increased 65.07% YoY with a 21.47% realization increase. — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_06082026150628_SMELSalesRelease06082026.pdf)
- 2026-08-04 — Generic Announcement: Shyam Metalics and Energy Limited published a notice on August 4, 2026, in Financial Express, Arthik Lipi, and Jansatta regarding the 24th Annual General Meeting and e-voting information, in compliance with SEBI regulations. The notice is also available on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_04082026173120_postdispatchnewspaperpublication.pdf)
- 2026-08-03 — Generic Announcement: Shyam Metalics and Energy Limited is providing shareholders whose email addresses are not registered with the company with a weblink to access the Annual Report for FY 2025-26, as per SEBI Listing Regulations. The 24th Annual General Meeting is scheduled for August 25, 2026, via Video Conferencing. Key dates include the record date for final dividend on August 7, 2026, and e-voting from August 21 to August 24, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_03082026192335_SMELWeblinkLetter03082026.pdf)
- 2026-08-03 — Generic Announcement: Shyam Metalics and Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_19311_WebXMLFile_20260803_191438275.xml)
- 2026-08-03 — Management Change: Shyam Metalics and Energy Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_19311_WebXMLFile_20260803_191840464.xml)
- 2026-08-03 — Generic Announcement: Shyam Metalics and Energy Limited will hold its 24th Annual General Meeting on August 25, 2026, at 3:00 PM IST via Video Conferencing. The meeting will include adopting financial statements for FY 2025-26, confirming an interim dividend of H1.80 per share, and declaring a final dividend of H2.70 per share. Additionally, the company seeks approval to raise funds up to ₹4,500 crore through various instruments and to ratify the remuneration of its Cost Auditor for FY 2026-27 at H55,000 plus applicable taxes. — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_03082026185257_SMELNoticeofAGM2026.pdf)
- 2026-07-31 — Generic Announcement: Shyam Metalics and Energy Limited published a notice on July 31, 2026, regarding its 24th Annual General Meeting scheduled for August 25, 2026. The meeting will be conducted via Video Conference/Other Audio Visual Means. The company also announced a recommended final dividend of ₹2.70 per equity share (27%) for the period ending August 24, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_31072026133106_SMELNewspaperPublication31072026.pdf)
- 2026-07-29 — Press Release: Shyam Metalics and Energy Limited announced the commissioning of its new 1.5 MTPA Beneficiation Plant in Sambalpur, Odisha, on July 29, 2026. This facility, representing a capital investment of ₹150 Crore, will upgrade low-grade ore into high-quality feedstock, aiming to optimize raw materials, reduce reliance on external feedstock, and enhance operating margins. The plant is now fully operational and incorporates eco-efficient technology. — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_29072026085602_SMELPressRelease29072026.pdf)
- 2026-07-29 — Generic Announcement: Shyam Metalics and Energy Limited commissioned a 1.5 MTPA Beneficiation Plant in Sambalpur, Odisha, on July 29, 2026. The project involved a capital investment of ₹150 Crore and aims to process low-grade ore, enhance resource efficiency, expand margins by reducing reliance on external feedstock, and ensure premium-grade input using eco-efficient technology. — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_29072026163655_SMELReg30Disclosure29072026.pdf)
- 2026-07-28 — Press Release: Shyam Metalics and Energy Limited announced the commissioning of an 8.90 MWp captive solar power project at its Jamuria, West Bengal plant on July 28, 2026. The project utilizes a combination of 4.60 MWp under a CAPEX model and 4.30 MWp under an OPEX model for captive consumption, aiming to optimize operational power costs and reduce its carbon footprint. — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_28072026084150_SMELPressRelease28072026.pdf)
- 2026-07-24 — Generic Announcement: Shyam Metalics and Energy Limited reported Q1 FY27 results with revenue growth of 23.3% year-on-year to INR 5,455 crores. EBITDA increased by 28.3% to INR 812 crores, and Profit After Tax grew by 20.6% to INR 351 crores. The company declared an interim dividend of INR 1.8 per share. Key developments include the commissioning of an aluminum foil facility and an investment in Emerge Green Power Private Limited. Capital expenditure for the quarter was INR 575 crores, with approximately INR 9,580 crores planned over the next 3-4 years. — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_24072026133935_SMELTranscriptFinal.pdf)
- 2026-07-23 — Generic Announcement: Shyam Metalics and Energy Limited declared an interim dividend of ₹1.80 per equity share on July 20, 2026, payable by August 19, 2026. The company is required to deduct tax at source (TDS) from dividend payments to shareholders, with rates varying based on residency status and PAN/Aadhaar linkage. Shareholders must submit necessary declarations by July 24, 2026, to ensure correct TDS application. — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_23072026150757_SMELTDSIntimation23072026.pdf)
- 2026-07-22 — Generic Announcement: Shyam Metalics and Energy Limited clarified that the closure of its Register of Members and Share Transfer Books from August 19, 2026, to August 25, 2026, is solely for the 24th Annual General Meeting. The record date for determining eligibility for the final dividend for FY 2025-26, if approved at the AGM, is August 7, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_22072026161021_ClarificationonOutcomeF.pdf)
- 2026-07-21 — Generic Announcement: Shyam Metalics and Energy Limited has made available the audio recording of its Investors’ Conference Call concerning the financial results for the first quarter ended June 30, 2026. This disclosure, made on July 21, 2026, is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the recording can be accessed on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_21072026183704_SmelOutcomeofConCal21072026.pdf)
- 2026-07-21 — Generic Announcement: Shyam Metalics and Energy Limited published its un-audited standalone and consolidated financial results for the quarter ended June 30, 2026, on July 21, 2026. The results were advertised in the Financial Express, Business Standard, Arthik Lipi, and Jansatta newspapers. — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_21072026110446_SmelNewspaper21072026F.pdf)
- 2026-07-20 — Press Release: Shyam Metalics and Energy Limited announced its financial results for the quarter ended June 30, 2026, reporting revenue of Rs. 5,455 crore and operating EBITDA of Rs. 765 crore, a 32% year-over-year increase. The company also declared an interim dividend of Rs. 1.80 per equity share and commenced commercial production at its Aluminium Foil Facility in Odisha. The company's Chairman & Managing Director highlighted the unveiling of the Vision 2031 roadmap aimed at transforming the company into a diversified, value-added metals enterprise. — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_20072026133239_SMELPressRelease20072026.pdf)
- 2026-07-20 — Generic Announcement: Shyam Metalics and Energy Limited's Board of Directors approved the unaudited financial results for the first quarter ended June 30, 2026, and declared a first interim dividend of ₹1.80 per equity share for FY 2026-27, with a record date of July 24, 2026. The board also approved raising funds up to ₹4,500 crore through various equity and equity-linked instruments, subject to regulatory and shareholder approvals. The 24th Annual General Meeting is scheduled for August 25, 2026, with the register of members closing from August 19 to August 25, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/SHYAMMETL_20072026124547_finaloutcomeofBM.pdf)

## News and market events

- 2026-09-18 — Economic Times: **Motilal Oswal sees surging steel prices to offset cost inflation for metal majors. Here are its top stock picks** — Motilal Oswal expects firm steel prices, lean inventories and resilient demand to support a shift toward pricing- and cost-led earnings growth for domestic steelmakers. The brokerage sees stronger realisations ahead and favours companies with cost advantages and raw-material access, naming JSW Steel and Tata Steel as its top picks. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/motilal-oswal-sees-surging-steel-prices-to-offset-cost-inflation-for-metal-majors-here-are-its-top-stock-picks/articleshow/134327119.cms)
- 2026-09-17 — MONEYCONTROL: **A-One Steels India sets price band at Rs 385-405; Rs 405-crore IPO to open on September 24** — A-One Steels India IPO news,A-One Steels India IPO details,A-One Steels India IPO date,A-One Steels India IPO price band,A-One Steels India IPO size,A-One Steels India IPO opening date — [Source](https://www.moneycontrol.com/news/business/ipo/a-one-steels-india-sets-price-band-at-rs-385-405-rs-405-crore-ipo-to-open-on-september-24-14031716.html)
- 2026-09-07 — BUSINESSTODAY: **Shyam Metalics shares rise 2% as August sales data signal strong growth** — Shyam Metalics, Shyam Metalics shares, Shyam Metalics stock, Shyam Metalics sales, Shyam Metalics August sales, Shyam Metalics share price, Shyam Metalics sales volumes, Shyam Metalics stainless steel, Shyam Metalics carbon steel, Shyam Metalics aluminium foil — [Source](https://www.businesstoday.in/markets/stocks/story/shyam-metalics-shares-rise-as-august-sales-data-signal-strong-growth-553666-2026-09-07)
- 2026-09-07 — CNBC-TV18: **Shyam Metalics August stainless steel volumes rise 16%, carbon steel flat sales double** — Shyam Metalics reported a 16.44% year-on-year rise in stainless steel sales in August, while average realisations jumped 45.51%. Carbon steel flat volumes more than doubled. — [Source](https://www.cnbctv18.com/market/shyam-metalics-august-sales-stainless-steel-volumes-rise-16-pc-carbon-steel-flat-sales-double-19985566.htm)
- 2026-08-27 — BUSINESS: **Volumes spurt at The Bombay Burmah Trading Corporation Ltd counter** — The Bombay Burmah Trading Corporation Ltd registered volume of 3.91 lakh shares by 10:45 IST on BSE, a 195.21 fold spurt over two-week average daily volume of 2003 shares — [Source](https://www.business-standard.com/markets/capital-market-news/volumes-spurt-at-the-bombay-burmah-trading-corporation-ltd-counter-126082700279_1.html)
- 2026-08-06 — CNBC-TV18: **Q1 Results LIVE Updates: Lloyds Engineering profit doubles; Shyam Metalics sales volumes rise** — Q1 Results LIVE Updates; Trent, Britannia, Lupin, Samvardhana Motherson, Apollo Tyres, Blue Star, Premier Energies, HCC, NCC, PG Electroplast, Emcure Pharma, Firstsource Solutions are some of the many companies that will be reporting their results during the course of Thursday's trading session on Dalal Street. Result reactions today come from PB Fintech, Aurobindo Pharma, Cummins India, GE Vernova T&D, ION Exchange and many others. Watch this space for all the LIVE Q1 result updates, management and brokerage commentary along with stock moves. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-cummins-ge-vernova-td-pb-fintech-trent-britannia-hero-lupin-samil-pgel-apollo-tyres-sci-ncc-hcc-premier-energies-share-price-liveblog-19962840.htm)
- 2026-08-06 — CNBC-TV18: **Sensex Today | Stock Market Highlights: Benchmarks end higher; Sensex gains 374 points, Nifty closes above 24,600** — Sensex Today | Stock Market Highlights: The Sensex rose 374 points to close at 78,955, while the Nifty gained 11 points to end at 24,636. The Nifty Bank outperformed, advancing 324 points to 58,064, whereas the Nifty Midcap index slipped 278 points to 63,227. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-hdfc-bank-aurobindo-cummins-biocon-pb-fintech-lic-trent-share-price-liveblog-19962846.htm)
- 2026-07-29 — The Hindu: **Sensex today | Stock Market Live: Sensex, Nifty set for positive open on strong IIP data, US Fed in focus** — Sensex, Nifty, Share Prices Live:  Strong industrial growth and healthy corporate earnings have improved market sentiment, but investors remain cautious ahead of the US Fed policy decision as geopolitical tensions and higher crude oil prices continue to influence trading expectations. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-29-july-2026/article71276758.ece)
- 2026-07-23 — Economic Times: **Shyam Metalics plans to double revenue by 2031 on the back of Rs 10,000-cr capex** — Shyam Metalics and Energy anticipates improved margins and earnings by shifting to direct customer sales. The company plans significant investments to expand its capacity across various business segments. Revenue is targeted to more than double by 2031, continuing strong annual growth. Stainless steel revenue is projected to increase substantially after expansion completion by 2028. Future demergers are not currently planned as integration remains the focus. — [Source](https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/shyam-metalics-plans-to-double-revenue-by-2031-on-the-back-of-rs-10000-cr-capex/articleshow/132575783.cms)
- 2026-07-21 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty falls below 24,200; Bajaj Fin rises to highest point in 2026** — Sensex Today | Stock Market LIVE Updates: The markets are moving with extreme caution, and the Nifty is trading around 24,250 with limited movement. The Nifty Bank is also relatively flat with a positive bias and has touched the 58,000 mark. Tech Mahindra, IndiGo and Ultratech are the top gainers. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-expiry-today-hdfc-bank-bajaj-auto-paytm-ather-midcaps-share-price-liveblog-19950047.htm)
- 2026-07-21 — CNBC-TV18: **Q1 Results LIVE Updates: CMPDI shares gain nearly 6% post earnings; Bajaj Auto, TVS, M&M Fin report today** — Q1 Results LIVE Updates: Nifty 50 company Bajaj Auto is reporting its earnings today. TVS Motor, M&M Financial, Aavas Financiers, Indian Hotels, AB Sunlife AMC, Adani Energy, Arvind Fashions, Bandhan Bank, Adani Total, Canara Robeco AMC, Cyient DLM, Crisil, Gabriel India, Hatsun Agro, Granules India, Indiamart, Mastek, JSW Infra, Mastek, NIIT, Medplus Health, Sagility, Sunteck Realty, Welspun Specialty, Trident, are among the other incoming results today. Paytm, Canara HSBC Life among others react to their results as well. Watch this space for all the LIVE Q1 updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-bajaj-auto-paytm-tvs-mm-fin-bandhan-indian-hotels-adani-rallis-indiamart-cyient-dlm-share-price-liveblog-19950068.htm)
- 2026-07-21 — Mint: **Stock recommendations for 21 July from MarketSmith India** — MarketSmith India reveals its top stock recommendations for today, 21 July. Get expert insights into the best-performing stocks to guide your investment decisions. — [Source](https://www.livemint.com/market/stock-market-news/stock-recommendations-for-21-july-from-marketsmith-india-11784549369816.html)
- 2026-07-20 — The Hindu: **Q1 Results Today Highlights: UltraTech profit rises; IOB, KVB and Sobha post strong Q1 growth; Mahindra Logistics, Dynamic Cables, Jaiprakash Power, Shyam Metalics surge** — Q1 Results Today, 20th July 2026 Highlights: — [Source](https://www.thehindubusinessline.com/markets/q1-results-today-highlights-cement-paytm-iob-karur-vysya-bank-shyam-metalics-sobha-jp-power-bluestone-hdfc-bank-kotak-icici-yes-bank-axis-bank-ril-results-20-july-2026/article71241085.ece)
- 2026-07-20 — CNBC-TV18: **Shyam Metalics Q1 Results: Stock extends gains after strong operating performance, fund raise approval** — The board of Shyam Metalics has also approved raising funds to the tune of ₹4,500 crore, through the issue of equity-linked instruments, equity shares, convertible or non-convertible preference shares, or fully or partly convertible debentures. The fund raising would be done in one or more tranches. — [Source](https://www.cnbctv18.com/market/shyam-metalics-q1-results-revenue-margin-ebitda-dividend-fund-raise-4500-crore-record-date-share-price-19949490.htm)
- 2026-07-20 — The Hindu: **Sensex today | Stock Market Live: Sensex down 700 pts, Nifty near 24,150 in choppy trade; Axis, HDFC Bank lead losers** — Sensex, Nifty, Share Prices Live Updates: At around 12.05 pm, Sensex traded 621.88 pts or 0.80% lower at 77,529.57; and Nifty 50 declined 151.05 pts  or 0.62% to 24,183.25. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-20th-july-2026/article71241122.ece)
- 2026-07-20 — The Hindu: **Q1 Results Today Live: Dynamic Cables, Shyam Metalics & Swaraj Engines Q1 profit up, UltraTech, Paytm, IOB, KVB, Sobha, JP Power, Bluestone to announce Q1 results, HDFC Bank, Kotak Mahindra, Axis Bank shares decline** — Q1 Results Today, 20th July 2026 Live Updates: — [Source](https://www.thehindubusinessline.com/markets/q1-results-today-live-updates-ultratech-cement-paytm-iob-karur-vysya-bank-shyam-metalics-sobha-jp-power-bluestone-hdfc-bank-kotak-icici-yes-bank-axis-bank-ril-results-20-july-2026/article71241085.ece)
- 2026-07-20 — CNBC-TV18: **Q1 Results LIVE Updates: Shyam Metalics profit rises 18%; Axis Bank shares decline 5.5%** — Q1 Results LIVE Updates | While UltraTech Cement is the only Nifty 50 company reporting its Q1 results today, the markets are reacting to a slew of important earnings that came in over the weekend from Reliance Industries, HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, Yes Bank, Tata Tech, among others. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-ril-hdfc-icici-yes-kotak-axis-bank-pnb-paytm-ultratech-rbl-iob-cmpdi-share-price-liveblog-19949043.htm)
- 2026-07-17 — The Hindu: **Sensex today | Stock Market Live: Sensex jumps over 800 points, Nifty tops 24,280 as IT stocks rally** — Sensex, Nifty, Share Prices LIVE: Indian equities rallied on Friday, with IT stocks lifting the Sensex over 800 points and the Nifty above 24,280 as investors awaited earnings from Reliance Industries, HDFC Bank and ICICI Bank for fresh market direction. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-17th-july-2026/article71229818.ece)

## Business profile

**Strategic vision:** Integrated producer of carbon steel, stainless steel, ferro alloys, and aluminium foil.

### Business segments
- **Iron and Steel:** This segment produces a range of iron and steel products, including sponge iron, pellets, carbon steel, stainless steel, and long steel products such as TMT bars and wire rods.
- **Ferro Alloys:** Shyam Metalics produces ferro alloys, which are critical inputs in the steelmaking process, contributing to specific properties in the final steel products.
- **Aluminium Foil:** The company has expanded its offerings to include aluminium foils, notably for food-grade applications, diversifying its presence in the metals sector.

### Competitive strengths
- Fully integrated ore-to-metal manufacturing model.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/shyammetl
Markdown representation: https://faxioms.com/stocks/shyammetl?render=md