SHYAMMETL

Shyam Metalics and Energy Limited disclosed an independently assigned ESG rating of '46' by ESG Risk Assessments and Insights Limited, a SEBI-registered provider. The company clarified that it did not engage the rating agency for this assessment.

Shyam Metalics and Energy Limited officials met with investors, analysts, and fund managers at the '360 ONE Capital 16th Annual Investor Conference - TRINITY INDIA 2026' on May 28, 2026. Discussions focused solely on publicly available information, and no unpublished price sensitive information was exchanged.

Shyam Metalics and Energy Limited announced an institutional investor meeting on May 28, 2026, at 10:00 AM, during the 360 ONE Capital 16th Annual Investor Conference - TRINITY INDIA 2026. Discussions will be based on publicly available information, and no unpublished price-sensitive information is intended to be discussed.

Management guided for FY27 profit growth near 30%, propelled by new capacities including 0.5 million tonne DRI facility, expanded billet manufacturing, Galvalume line, and aluminum plant. A new capex of INR2,700 crores for a long/specialty wire/bar mill (INR900 Cr) and stainless steel expansion (INR1,800 Cr) is approved, aiming for March 2029 commissioning. Total capex of INR10,000 crores over 3-4 years (INR2,900 Cr in FY27, INR3,000 Cr in FY28) will be primarily internal-accrual funded, maintaining a debt-to-equity ratio below 0.5x. CRM and Aluminum EBITDA are projected at INR10,000-11,000/tonne and INR35,000-40,000/tonne respectively. Stainless steel run rate is expected to reach INR300 crores/month within three years.

Shyam Metalics and Energy Limited announced on May 12, 2026, the availability of the audio recording for its Investors' Conference Call regarding the financial results for the Fourth Quarter and Financial Year Ended March 31, 2026. The recording is accessible on the company's website.

Consolidated Revenue ₹5,240Cr vs ₹4,139Cr (▲27% YoY), EBITDA ₹756Cr vs ₹569Cr (▲33% YoY), PAT ₹312Cr vs ₹220Cr (▲42% YoY). EBITDA Margin 14.4% vs 13.8% (▲60bps). Board approved strategic Capex of ₹2,700Cr for future growth.

Shyam Metalics and Energy Limited's Board Meeting on May 11, 2026, approved the Audited Financial Results for the Fourth Quarter and Financial Year Ended March 31, 2026, with an unmodified audit opinion. A final dividend of ₹2.70 per equity share (27% of face value) for FY 2025-26 was recommended. The Board also approved a significant fresh Capex of ₹2,700 crore for new projects: ₹900 Cr for a Wire Rod & Bar Mill in Kharagpur (by March 2029) and ₹1,800 Cr for Stainless Steel expansion in Sambalpur (by March 2029). Ernst & Young LLP and BSS & Associates were appointed as Internal and Cost Auditors for FY 2026-27, respectively.

The Board approved Q4 and FY26 financial results with an unmodified opinion and recommended a final dividend of ₹2.70 per equity share for FY26. A significant Capex of ₹2,700 crore was approved for expansion projects: ₹900 crore for a new Wire Road and Bar Mill (8,00,000 TPA by March 2029) and ₹1,800 crore for Stainless Steel expansion (6,00,000 TPA by March 2029). These investments aim to boost capacity, efficiency, and profitability. Ernst & Young LLP and BSS & Associates were appointed as Internal and Cost Auditors for FY27.

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Consolidated Revenue ₹5,240.36Cr vs ₹4,147.85Cr (▲26.34% YoY), EBITDA ₹756.10Cr vs ₹569.41Cr (▲32.78% YoY), PAT ₹311.54Cr vs ₹220.15Cr (▲41.51% YoY). EBITDA Margin 14.43% vs 13.73% (▲70bps). The company also recommended a final dividend of ₹2.70 per equity share and announced fresh Capex of ₹2,700 crore for expansion projects. Auditors noted a provisional attachment order by the Directorate of Enforcement on a subsidiary on April 15, 2026, as an emphasis of matter.

Shyam Metalics reported a mixed sales performance for April 2026 YoY. Stainless Steel, Aluminium Foil, Pellet, and CR Coil/CR Sheets showed strong growth in both sales volumes (e.g., CR Coil/CR Sheets up 41.35%) and average realizations. Conversely, Speciality Alloys, Carbon Steel, HR Tube/Pipe, and Sponge Iron experienced declines in sales volumes (Sponge Iron down 29.33%) but saw increases in average realizations across all segments. The HR Tube/Pipe unit commenced commercial sales on April 25, 2026.