Shyam Metalics and Energy

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• DebtHigh safetyRated AA+ by CRISIL.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 23% and profit rose 21% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 75% of the company, about the same as in Jun 2025.
• ValuationExpensive vs its pastThe share trades at 28.4 times its yearly earnings (P/E), pricier than 96% of the time in the last 5 years. Its usual P/E is about 18.

Shyam Metalics and Energy against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)28.4 against a typical 18.9: pricier than most peers (1st = cheapest).95th of 146
• Sales growth+23.4% against a typical +13.1% from a year earlier.41st of 117
• Profit growth+20.6% against a typical +26.2% from a year earlier.58th of 105
• Share price, 3 months+10.7% against a typical −3.8%.24th of 135
• Size₹ 31,569.8 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).2nd of 135

Exchange filings and their impact on the company.

• 22 Oct 2026Amalgamation/MergerLow impactPositivePrice +0.4% that day
  NCLT approved merger of tiny foil subsidiary into WOS; no change to consolidated scale.

  Shyam Metalics said NCLT Kolkata on 16 Oct 2026 approved the merger of Shree Venkateshwara Electrocast, an aluminium-foil maker with Rs 91.75 cr FY25 turnover, into its wholly-owned subsidiary Shyam Sel and Power from appointed date 1 Apr 2024. No shares will be issued as it is a wholly-owned subsidiary merger, and it becomes effective after filing with the ROC. As both companies are already consolidated, there is no material change to group revenue or debt, only a simpler structure and small cost and tax benefits.

  Full analysisFiling
• 13 Oct 2026Press ReleaseMedium impactPositivePrice +0.8% that day
  170 MT captive coal block secures long-term fuel but adds only 3 months of savings in the next 12 months.

  Shyam Metalics Group has secured mining rights for the Phutamura Coal Block in Raigarh, Chhattisgarh through its investment in Alom Solar Private Limited, the declared successful bidder. The block spans about 7.324 sq km with estimated reserves of about 170 million tonnes, with coal production expected from July 2027. The coal will be used captively for its power plants and steel operations, strengthening long-term fuel security and backward integration.

  Full analysisFiling
• 6 Oct 2026Monthly Business UpdatesHigh impactVery positivePrice +3.3% that day
  September and Q2 sales show strong double-digit volume and price growth, pointing to ~15-20% higher revenue over the next year.

  Shyam Metalics reported strong September 2026 and Q2 FY27 sales volumes with higher realizations across most products. Stainless steel volumes rose 35% YoY, carbon flat steel 164% YoY, metallics 55% YoY and speciality alloys 16% YoY, while realizations were up 3% to 26% YoY. The quarter shows accelerating sales versus last year and last quarter, supporting higher revenue and profitability over the next 12 months.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Brij Bhushan Agarwal

Executive Chairman of the Board, Managing Director

Deepak Kumar Agarwal

Chief Financial Officer, Whole-Time Director

Birendra Kumar Jain

Compliance Officer, Company Secretary

Sanjay Kumar Agarwal

Joint Managing Director, Executive Director

Sheetij Agarwal

Whole-Time Director

Dev Kumar Tiwari

Whole-Time Director