Shyam Metalics and Energy Limited

Shyam Metalics and Energy Limited reported a mixed sales performance for the month ended October 31, 2026, according to a regulatory filing. The company saw a 20.40% year-over-year increase in stainless steel sales volume, alongside a 42.09% rise in average realization, while aluminium foil sales increased by 22.20% year-over-year with a 27.40% increase in average realization following the commissioning of a new facility in July 2026. Conversely, carbon steel (long) sales decreased by 15.85% year-over-year, and metallics sales rose by 6.61% year-over-year. The company, a leading multi-metal conglomerate, maintains a CRISIL credit rating of AA+ (Stable) for long-term bank facilities and A1+ for short-term facilities.

Shyam Metalics & Energy Ltd announced that CRISIL, India Ratings and Research, and CARE Ratings have reaffirmed their credit ratings on the company's various instruments. CRISIL has reaffirmed its ratings of "CRISIL AAA" on the Long Term Bank Loan of Rs 1,200 crore and "CRISIL A1+" on the Short Term Bank Loan of Rs 600 crore; India Ratings and Research has reaffirmed its ratings of "IND AAA" on the Long Term Bank Loan of Rs 1,200 crore and "IND A1+" on the Short Term Bank Loan of Rs 600 crore; and CARE Ratings has reaffirmed its ratings of "CARE AAA" on the Long Term Bank Loan of Rs 1,200 crore and "CARE A1+" on the Short Term Bank Loan of Rs 600 crore, with a stable outlook for all ratings, reflecting information regarding reaffirmation of credit rating, with no further details provided.

Shyam Metalics & Energy Ltd share price inched up 2.18% to Rs 1163.8 after the company's net profit jumped 45.69% to Rs 510.99 crore, while revenue from operations slightly gained 9.26% to Rs 5960.19 crore in Q3FY26 over Q2FY26. The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.34 lakh crore, gaining 5.33%. It has marginally improved by 1.37% over last one week and crept higher by 6.92% in last one month while the market capitalization of Shyam Metalics & Energy Ltd has improved by 3.21% and 14.10% in the same period respectively. Profit before tax (PBT) of Shyam Metalics & Energy Ltd stood at Rs 658.37 crore in Q3 FY26, surging by 89.68% year-on-year, and expanding by 40.31% quarter-on-quarter. EBITDA came in at Rs 789 crore, rallying 67.74% YoY and easing 9.84% sequentially. Total expenses posted a minor rise of 5.90% to Rs 5247.21 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 4400.56 crore, inching up 4.42% YoY, while employee benefits expense was at Rs 145.86 crore, improving by 7.55% YoY. For the TTM ended FY26, revenue from operations surged 22.39% to Rs 18552.21 crore, while net profit rose by 16.60% to Rs 1060.17 crore, compared to previous TTM. EBITDA soared by 180488% to Rs 2129.43 crore, and PBT expanded by 17.82% to Rs 1462.37 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 2023.56 crore in FY26, as against Rs 1964.15 crore in FY25. Shyam Metalics & Energy Ltd rallied 28.33% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 11.78% during the same period.

Shyam Metalics & Energy Ltd share price inched up 2.18% to Rs 1163.8 after the company's net profit surged by 45.69% to Rs 510.99 crore, while revenue from operations slightly gained 9.26% to Rs 5960.19 crore in Q3FY26 over Q2FY26. The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.26 lakh crore, rising 5.33%. It has marginally improved by 1.47% over last one week and climbed by 9.63% in last one month while the market capitalization of Shyam Metalics & Energy Ltd has improved by 2.80% and 12.74% in the same period respectively. Profit before tax (PBT) of Shyam Metalics & Energy Ltd stood at Rs 658.37 crore in Q3 FY26, surging by 89.68% year-on-year, and rallying 40.31% quarter-on-quarter. EBITDA came in at Rs 789 crore, jumping 67.74% YoY and easing 9.84% sequentially. Total expenses saw a slight increase of 5.90% to Rs 5247.21 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 4400.56 crore, inching up 4.42% YoY, while employee benefits expense was at Rs 145.86 crore, registering a growth of 7.55% YoY. For the TTM ended FY26, revenue from operations jumped by 22.39% to Rs 18552.21 crore, while net profit expanded by 16.60% to Rs 1060.17 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 180488% to Rs 2129.43 crore, and PBT improved 17.82% to Rs 1462.37 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 2023.56 crore in FY26, as against Rs 1964.15 crore in FY25. Shyam Metalics & Energy Ltd rallied 28.33% in last one year, significantly outperforming the benchmark BSE Sensex which has reduced by 11.78% during the same period.

Shyam Metalics and Energy Limited will hold a board meeting on Saturday, October 31, 2026, to consider and approve the unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2026. Trading in the company's securities will be closed from Thursday, October 1, 2026, and will reopen 48 hours after the financial results are declared.

Shyam Metalics and Energy Limited announced sales figures for the month ended September 30, 2026, and the second quarter of fiscal year 2027, disclosing varied performance across its product lines. Stainless steel sales volumes increased by 35.06% year-on-year, with realizations up 22.99%, while Aluminium foil sales decreased by 19.10% year-on-year, though realizations rose by 26.14%. Speciality alloy volumes increased 16.17% year-on-year with a 12.26% rise in realizations, while carbon steel (long) sales decreased 8.37% year-on-year but saw a 12.95% increase in average realization. Metallics sales increased 54.89% year-on-year, accompanied by a 2.82% rise in realizations. The company, which produces carbon steel, stainless steel, speciality alloys, and aluminium foil, maintains a CRISIL AA+ (Stable) rating for long-term bank facilities and A1+ for short-term facilities.

Shyam Metalics and Energy Limited announced it entered into a non-binding Memorandum of Understanding (MoU) with the Government of Maharashtra on October 1, 2026, to facilitate the establishment of a 9 million tonnes per annum (MTPA) Greenfield Integrated Steel Complex at Chandrapur, Vidarbha region, Maharashtra, involving an estimated investment of Rs 50,000 crore and creating approximately 30,000 jobs.

Shyam Metalics and Energy Limited will close its trading window for directors, key managerial personnel, designated persons, connected persons, promoters, and their immediate relatives from October 1, 2026, until 48 hours after the declaration of the unaudited standalone and consolidated financial results for the quarter ending September 30, 2026, according to a filing with the BSE Limited and National Stock Exchange of India Limited.

Coromandel International Ltd, Syngene International Ltd, Carborundum Universal Ltd, GAIL (India) Ltd are among the other stocks to see a surge in volumes on BSE today, 21 September 2026.Shyam Metalics & Energy Ltd notched up volume of 16.53 lakh shares by 10:48 IST on BSE, a 134.61 fold spurt over two-week average daily volume of 12277 shares. The stock slipped 1.71% to Rs.1,083.80. Volumes stood at 26663 shares in the last session.Coromandel International Ltd notched up volume of 2.01 lakh shares by 10:48 IST on BSE, a 34.64 fold spurt over two-week average daily volume of 5794 shares. The stock slipped 2.38% to Rs.1,950.50. Volumes stood at 15494 shares in the last session.Syngene International Ltd recorded volume of 6.42 lakh shares by 10:48 IST on BSE, a 18.89 times surge over two-week average daily volume of 33983 shares. The stock lost 2.03% to Rs.361.75. Volumes stood at 1.04 lakh shares in the last session.Carborundum Universal Ltd saw volume of 1.55 lakh shares by 10:48 IST on BSE, a 7.08 fold spurt over two-week average daily volume of 21831 shares. The stock increased 5.04% to Rs.1,182.35. Volumes stood at 33379 shares in the last session.GAIL (India) Ltd notched up volume of 12.7 lakh shares by 10:48 IST on BSE, a 5.98 fold spurt over two-week average daily volume of 2.12 lakh shares. The stock rose 0.87% to Rs.173.50. Volumes stood at 1.95 lakh shares in the last session.

Shyam Metalics and Energy Limited reported significant sales growth for the month ended August 31, 2026, according to a regulatory filing. The company saw a 16.44% year-over-year increase in stainless steel sales volume and a 45.51% rise in average realization, while aluminium foil sales volume increased by 27.41% with a 21.17% increase in average realization. Additionally, the company commissioned a new aluminium foil plant in Sambalpur with a capacity of 0.018 MTPA in July 2026, and metallics sales increased by 27.97% year-over-year. Shyam Metalics and Energy Limited is a leading multi-metal conglomerate with a focus on long steel products and ferro alloys, and holds credit ratings of CRISIL AA+ (Stable) for long-term bank facilities and CRISIL A1+ for short-term facilities.