SHYAMMETL

Shyam Metalics and Energy Limited

NSE
Last Traded Price
₹1104.4 62 (5.95%)
Open
₹1050
High
₹1111
Low
₹1039.6
Prev Close
₹1042.4
Industry
Iron & Steel Products
Market Cap
30827.32 Cr

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Filing History

Recent corporate announcements and filings for SHYAMMETL

Governance Positive
2026-08-27 11:49
- All resolutions at the 24th Annual General Meeting on August 25, 2026, were approved by shareholders. This includes the adoption of FY26 financial statements, confirmation of interim (₹1.80/share) and final (₹2.70/share) dividends, and a special resolution for raising ₹4500 Crores.
Routine Neutral
2026-08-07 10:59
New Filing detected. See link for details.
Business Update Positive
2026-08-06 15:10
- Reported consolidated sales release for July 2026. - Witnessed strong YoY volume growth in HR Tube/Pipe (▲460.18%), Pellet (▲87.61%), and Pig Iron (▲65.07%). - Credit rating upgraded to CRISIL AA+ (Stable) for Long Term and CRISIL A1+ for Short Term Bank Facilities.
Governance Neutral
2026-08-03 19:24
- The 24th Annual General Meeting (AGM) will be held on Tuesday, August 25, 2026, at 3:00 p.m. (IST) via Video Conferencing. - The Annual Report for FY 2025-26 is available on the company's website. - The record date for the Final Dividend is Friday, August 7, 2026. - E-voting will be open from August 21, 2026, 9:00 A.M IST to August 24, 2026, 5:00 P.M IST.
Governance Positive
2026-08-03 18:54
- Notice convening the 24th Annual General Meeting (AGM) on August 25, 2026, at 3:00 P.M. via VC/OAVM. - Agenda includes adoption of FY2025-26 financial statements and declaration of a final dividend of ₹2.70 per equity share. - Seeking approval to raise funds up to ₹4,500 crore through public issue, preferential allotment, or Qualified Institutional Placement (QIP).
Business Update Positive
2026-07-29 16:39
- Shyam Metalics and Energy Limited commissioned a new 1.5 MTPA Beneficiation Plant at Sambalpur, Odisha. - Commercial production commenced on July 29, 2026. - The plant involved a capital investment of ₹150 Crore. - Strategic objectives include margin expansion, resource efficiency, and producing high-grade feedstock.
Business Update Positive
2026-07-29 08:56
- Shyam Metalics and Energy Limited (SMEL) commissioned a new 1.5 MTPA Beneficiation Plant in Sambalpur, Odisha, with a capital investment of ₹150 Crore. - The plant will upgrade low-grade ore, enhancing profitability, reducing production costs, and expanding operating margins.
Business Update Positive
2026-07-28 08:43
- Shyam Sel and Power Limited, a wholly owned subsidiary of Shyam Metalics and Energy Limited, has commissioned an 8.90 MWp Captive Solar Power Project at its manufacturing plant in Jamuria, West Bengal. - The project, comprising 4.60 MWp CAPEX and 4.30 MWp OPEX models, aims to optimize operational power costs, support green energy integration, and reduce carbon emissions.
Business Update Positive
2026-07-24 13:41
- Management reported a strong Q1 FY27 with revenue up 23% YoY, EBITDA up 28% YoY, and PAT up 21% YoY. EBITDA margin expanded by 100 bps YoY to 14.9%. - Declared an interim dividend of ₹1.8 per share. - Unveiled Vision 2031 roadmap to transform into a diversified value-added metal conglomerate with resilient earnings. - Commissioned additional aluminium foil facility in Odisha and a color-coated plant in April 2026, increasing cold rolling capacity by 60%. - Key projects like HR coil, specialty steel, aluminium, and special bar plants are under construction, with aluminium flat roll projects on track for Q2 commissioning. - Acquired 26% stake in Emerge Green Power Private Limited for sustainable energy and improved operational efficiency, shifting to an opex model for solar projects. - Incurred ₹575 crores capex in Q1, with a balance of ~₹9,580 crores planned over the next 3-4 years, to be funded via internal accruals. - Aims for 600-700 bps improvement in ROE/ROCE by 2031, driven by higher utilization and value-added products. - Expects over 20% growth in terms of numbers (EBITDA/revenue) for FY27. - Stainless steel business run rate expected to grow from current ₹130-140 crores to ₹600-700 crores post new plant commissioning.
Financials Positive
2026-07-23 15:09
- Board of Directors declared an Interim Dividend of ₹1.80 per Equity Share of ₹10/- each for FY 2026-27 on July 20, 2026. - The record date for determining eligible shareholders for the dividend is July 24, 2026. - The dividend will be paid on or before August 19, 2026, subject to applicable Tax Deduction at Source (TDS).
Governance Positive
2026-07-22 16:11
- The Register of Members and Share Transfer Books will be closed from August 19, 2026 to August 25, 2026, for the 24th Annual General Meeting (AGM). - The Record Date for the Final Dividend for FY 2025-26 is Friday, August 07, 2026.
Business Update Neutral
2026-07-21 18:40
- Audio recording of the Investors' Conference Call on the financial results for the First Quarter Ended June 30, 2026, is available on the Company's website at: https://shyammetalics.com/investor-analyst.
Financials Positive
2026-07-20 13:34
- Consolidated Revenue ₹5,455 Cr vs ₹4,423 Cr (▲23.3% YoY) - EBITDA ₹812 Cr vs ₹633 Cr (▲28.3% YoY) - PAT ₹351 Cr vs ₹291 Cr (▲20.6% YoY) - EBITDA Margin 14.9% vs 14.3% (▲60bps) - Declared interim dividend of Rs. 1.80 per equity share
Financials Positive
2026-07-20 12:57
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹5,455.09 Cr vs ₹4,422.99 Cr (▲23.33% YoY) - EBITDA ₹812.38 Cr vs ₹633.23 Cr (▲28.29% YoY) - PAT ₹350.73 Cr vs ₹290.67 Cr (▲20.66% YoY) - EBITDA Margin 14.91% vs 14.32% (▲59bps) - Declared 1st Interim Dividend of ₹1.80 per Equity Share for FY 2026-27. - Board approved fund raising up to ₹4,500 Cr via equity/equity-linked instruments.
Financials Negative
2026-07-20 12:51
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹5,455.09 Cr vs ₹4,422.99 Cr (▲23.33% YoY) - EBITDA ₹812.38 Cr vs ₹633.23 Cr (▲28.29% YoY) - PAT ₹350.73 Cr vs ₹290.67 Cr (▲20.66% YoY) - EBITDA Margin 14.89% vs 14.32% (▲57bps) - Board declared 1st Interim Dividend of ₹1.80 per Equity Share for FY 2026-27. - Board approved fund-raising up to ₹4,500 crore via various equity/debt-linked instruments. - The Directorate of Enforcement (ED) issued a Provisional Attachment Order of ₹152.48 crore on a subsidiary, Shyam SEL and Power Limited, regarding alleged illegal coal purchases; management refutes allegations and expects no operational impact.
Financials Negative
2026-07-20 12:48
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹5,455.09 Cr vs ₹4,422.99 Cr (▲23% YoY) - EBITDA ₹812.38 Cr vs ₹633.23 Cr (▲28% YoY) - PAT ₹345.07 Cr vs ₹292.15 Cr (▲18% YoY) - EBITDA Margin 14.90% vs 14.32% (▲58bps) - Declared 1st Interim Dividend of ₹1.80 per Equity Share for FY27. Record Date: July 24, 2026. - Board approved fund-raising up to ₹4,500 Cr via issuance of equity shares, convertibles, QIP, FPO, or preferential issue. - Directorate of Enforcement (ED) issued a Provisional Attachment Order of ₹152.48 Cr on a subsidiary related to alleged illegal coal mining; company refutes allegations and expects no operational or financial impact.
Financials Neutral
2026-07-20 12:44
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹5,455.09 Cr vs ₹4,422.99 Cr (▲23.3% YoY) - EBITDA ₹812.38 Cr vs ₹633.23 Cr (▲28.3% YoY) - PAT ₹350.73 Cr vs ₹290.67 Cr (▲20.7% YoY) - EBITDA Margin 14.89% vs 14.32% (▲57bps) - Board approved a 1st Interim Dividend of ₹1.80 per equity share for FY 2026-27, with Record Date: July 24, 2026. - Approved fund raising of up to ₹4,500 crore via issuance of equity or equity-linked instruments. - 24th Annual General Meeting (AGM) scheduled for August 25, 2026. - Directorate of Enforcement (ED) issued a Provisional Attachment Order on a subsidiary concerning alleged coal mining/pilferage investigation, though the company refutes allegations and expects no operational impact.
Financials Negative
2026-07-20 12:40
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹5,455.09 Cr vs ₹4,422.99 Cr (▲23.3% YoY) - EBITDA ₹812.38 Cr vs ₹633.23 Cr (▲28.3% YoY) - PAT ₹350.73 Cr vs ₹290.67 Cr (▲20.7% YoY) - EBITDA Margin 14.89% vs 14.32% (▲57bps) - Board approved 1st Interim Dividend of ₹1.80 per Equity Share (18%) for FY 2026-27, with July 24, 2026, as the Record Date. - Approved fund-raising up to ₹4,500 crore via issuance of equity shares or equity-linked instruments. - Directorate of Enforcement (ED) issued a Provisional Attachment Order of ₹152.48 crores on a subsidiary, Shyam SEL and Power Limited, related to alleged illegal coal mining and PMLA charges. The Company refutes the allegations and expects no operational impact. - The 24th Annual General Meeting (AGM) is scheduled for August 25, 2026.
Routine Neutral
2026-07-20 12:38
New Filing detected. See link for details.
Financials Positive
2026-07-20 12:36
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹5,455.09 Cr vs ₹4,422.99 Cr (▲23.33% YoY) - EBITDA ₹812.38 Cr vs ₹633.23 Cr (▲28.29% YoY) - PAT ₹350.73 Cr vs ₹290.67 Cr (▲20.66% YoY) - EBITDA Margin 14.90% vs 14.32% (▲58bps) - Declared 1st Interim Dividend of ₹1.80/- per Equity Share for FY 2026-27, with July 24, 2026, as the record date. - Approved fund-raising of up to ₹4,500 crore through issuance of various equity/equity-linked instruments. - A subsidiary received a Provisional Attachment Order from the Directorate of Enforcement regarding alleged coal purchase irregularities; management anticipates no operational impact. - The 24th Annual General Meeting (AGM) is scheduled for August 25, 2026.
Business Update Positive
2026-07-17 13:49
- SMEL subsidiary commenced commercial production of Aluminium Foil facility in Sambalpur, Odisha on July 16, 2026. - Capacity: 18,000 TPA. Project expects 40-50% margin enhancement and 2.0x-2.5x revenue growth.
Business Update Positive
2026-07-16 10:41
- Shyam Metalics commissioned its 18,000 TPA Aluminium Foil facility in Sambalpur, Odisha. - The Aluminium Flat Rolled Products (FRP) plant (60,000 TPA) is on track for a September 2026 launch. - Total investment in these aluminium facilities is around ₹800 crore. - These initiatives are expected to enhance operating margins by 40-50% and expand the company's topline by 2x-2.5x.
Business Update Neutral
2026-07-15 15:01
- Concall Schedule - Concall Date: 21st July 2026 - Concall Time: 4:00 p.m. (IST)
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.

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