SHYAMMETL
Shyam Metalics and Energy Limited
NSELast Traded Price
₹1048
12.05 (1.16%)
Open
₹1035.95
High
₹1048
Low
₹1022
Prev Close
₹1035.95
Industry
Iron & Steel Products
Market Cap
29253.02 Cr
Filing History
Recent corporate announcements and filings for SHYAMMETL
Business Update
Neutral
2026-07-06 18:28
- Company officials of Shyam Metalics and Energy Limited met with investors, analysts, and fund managers on July 6, 2026, at a Virtual Group Meet.
- Discussions were confined to publicly available information, with no unpublished price sensitive information (UPSI) being discussed.
Business Update
Positive
2026-07-06 11:53
- Strong YoY sales performance for June 2026 with significant volume growth in Pig Iron (▲156%), Pellet (▲92%), and CR Coil/CR Sheets (▲53%).
- Realizations improved across most products.
- New Colour Coated Steel Plant and Blast Furnaces commissioned, stabilizing operations.
- Credit rating upgraded to CRISIL AA+ (Stable).
Business Update
Neutral
2026-06-30 11:22
- Investor Meet Schedule
- Meeting Date: Monday, July 6, 2026
- Meeting Time: 3:30 P.M. Onwards
- Type: Virtual Group Meet with Institutional Investors / Analysts
Routine
Neutral
2026-06-25 16:57
- Trading window closed from July 1, 2026, until 48 hours after Q1 FY27 financial results (quarter ended June 30, 2026) are declared.
- This is in compliance with SEBI insider trading regulations.
- Board meeting date for results will be intimated later.
Ownership
Neutral
2026-06-25 15:40
- On June 25, 2026, the Nomination and Remuneration Committee approved the exercise of 17,891 employee stock options under the SMEL Performance ESOP Scheme I - 2023.
- These options were exercised by 5 eligible employees, resulting in the allotment of 17,891 equity shares.
- The company realized ₹58,33,539.46 from this exercise.
Business Update
Neutral
2026-06-24 18:31
- Shyam Metalics and Energy Limited officials held a meeting with various investor groups in Singapore on June 24, 2026 (as per the intimation for the meeting).
- Discussions were restricted to publicly available information.
- No unpublished price sensitive information (UPSI) was disclosed during the interactions.
Business Update
Positive
2026-06-18 18:36
- Shyam Metalics and Energy Limited acquired a 26% equity stake in Emerge Green Power Private Limited for ₹75,01,260.
- This strategic investment aims to reduce energy costs, improve EBITDA margins through captive solar power, and align with ESG frameworks.
Business Update
Neutral
2026-06-18 17:22
- Meeting Schedule for Institutional Investors / Analysts
- Meeting Date: Tuesday, 23rd June, 2026 & Wednesday, 24th June, 2026
- Meeting Time: 10:00 A.M. Onwards
- Location: Singapore (Physical Meet)
Business Update
Neutral
2026-06-18 11:40
- Shyam Metalics and Energy Limited officials met with various groups of Investors at Grand Hyatt (Mumbai) on June 18, 2026.
- Discussions were limited to publicly available information, ensuring no unpublished price sensitive information (UPSI) was shared.
Ownership
Positive
2026-06-16 11:38
- The Nomination and Remuneration Committee approved the exercise and allotment of equity shares under the SMEL Employee Stock Incentive Plan - 2023 on June 16, 2026.
- 40,242 options were exercised by 10 employees from June 1-15, 2026, leading to the allotment of 40,242 equity shares and realizing ₹1.31 Crore.
Business Update
Neutral
2026-06-12 11:06
- Concall Schedule
- Concall Date: Wednesday, 17th June 2026
- Concall Time: 3:00 P.M.
- Type of Interaction: Physical Meet with Institutional Investors / Analysts
- Event Location: Grand Hyatt (Mumbai)
- Note: Discussions will be based on publicly available information; no unpublished price-sensitive information (UPSI) is intended to be discussed.
Business Update
Neutral
2026-06-11 16:45
- Company officials met virtually with various investor groups on June 11, 2026, as part of "InsightX 2026 - Choice Institutional Equities".
- Only publicly available information was discussed, with no unpublished price sensitive information shared.
Business Update
Neutral
2026-06-08 18:13
- Concall Schedule
- Concall Date: Thursday, 11th June 2026
- Concall Time: 2:00 P.M.
- Event: InsightX 2026 - Choice Institutional Equities, a virtual meeting with a group of investors.
Business Update
Neutral
2026-06-08 17:56
- Concall Schedule
- Concall Date: Thursday, 11th June 2026
- Concall Time: 2:00 P.M.
- Details: Virtual meeting with a Group of Investors for 'InsightX 2026 - Choice Institutional Equities'. No Unpublished Price Sensitive Information (UPSI) will be discussed.
Business Update
Positive
2026-06-05 11:15
- May 2026 sales show strong YoY volume growth for Pig Iron (▲135.53%) and CR Coil/CR Sheets (▲73.32%) driven by new capacity additions.
- All product categories recorded significant YoY realization increases, including Stainless Steel (▲32.09%) and Aluminium Foil (▲34.65%).
- Volumes declined in some segments (e.g., Sponge Iron ▼44.74%, Aluminium Foil ▼24.60%).
Ownership
Neutral
2026-06-01 12:35
Shyam Metalics and Energy Limited announced the exercise of 33,614 options by 12 eligible employees under the SMEL Performance ESOP Scheme I-2023 between May 20th and May 31st, 2026. This resulted in the allotment of 33,614 equity shares and realized ₹1,09,79,496.24 for the company, as approved by the Nomination and Remuneration Committee on June 1st, 2026.
Business Update
Neutral
2026-05-29 17:42
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.
Business Update
Neutral
2026-05-29 10:58
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.
Business Update
Neutral
2026-05-25 15:15
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.
Business Update
Negative
2026-05-16 13:29
CRITICAL RED FLAG DETECTED
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.
Business Update
Neutral
2026-05-12 18:47
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.
Financials
Positive
2026-05-11 17:46
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.
Financials
Positive
2026-05-11 13:29
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.
Business Update
Positive
2026-05-11 13:23
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.
Routine
Neutral
2026-05-11 13:18
New Filing detected. See link for details.
Financials
Neutral
2026-05-11 13:12
CRITICAL RED FLAG DETECTED
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.
Business Update
Positive
2026-05-06 10:43
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.