Shyam Metalics and Energy share price
NSE: SHYAMMETLBSE: 543299Industrial ProductsSmall Cap
Share price at the NSE close on 29 Oct 2026. Previous close ₹1,144.70.
29 Oct: open ₹1,140.00, high ₹1,164.90, low ₹1,134.70
- Next results date: the board meets on 31 Oct 2026 to consider: financial results and other business matters. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹31,866 Cr312th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- Owners' profit not stated
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.77
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.39%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 11.8%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.08
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 2,29,18073.6% delivered
About Shyam Metalics and Energy
Shyam Metalics and Energy Limited is a Kolkata-based integrated metal producer making carbon steel, stainless steel, ferro alloys and aluminium foil for infrastructure, construction, engineering, transportation, packaging and export markets.12 Its plants in West Bengal, Odisha, Madhya Pradesh and Jharkhand sit under one ownership from ore processing and captive power to finished products, with captive railway sidings for raw materials and dispatch.3
It sells intermediate products, finished steel, cold-rolled coils and sheets, ferro alloys, stainless steel and aluminium foil.4 Its customer-facing brand SEL Tiger covers TMT bars, structural steel, roofing sheets (sold as Royale, Elite, Azure and Alfa) and aluminium foil, and its TMT bars are also sold as Gopala.567 It sells in 25 Indian states and union territories and in 40 countries.8
It was incorporated in 2002, began with sponge iron production at Mangalpur and listed on NSE and BSE in 2021.2910 It entered stainless steel by acquiring Mittal Corp, completed in October 2023, whose plant at Pithampur in Madhya Pradesh makes stainless billets, bright bars and wire rods.1112 Its promoters, including founder Mahabir Prasad Agarwal and Chairman and Managing Director Brij Bhushan Agarwal, held 74.59% of the shares at the end of Mar 2026.1314 Its wholly owned subsidiary Shyam SEL and Power Limited is classed as a material subsidiary under the listing rules.15
Shyam Metalics and Energy key points
Results
- In the quarter to Jun 2026, consolidated revenue from operations was ₹5,455 crore, up 23.3% from a year earlier, and EBITDA (earnings before interest, tax, depreciation and amortisation) was ₹812 crore, up 28.3%.16
- Profit after tax for the quarter to Jun 2026 was ₹351 crore, up 20.6% from a year earlier.17
- In the year to Mar 2026, consolidated revenue from operations was ₹18,552 crore, up 22% from ₹15,138 crore, and EBITDA was ₹2,537 crore against ₹2,097 crore.18
- Consolidated profit after tax for the year to Mar 2026 was ₹1,060.17 crore, up 16.60% from ₹909.26 crore.19
Balance sheet and credit rating
- At the end of Mar 2026 the company had net cash of ₹378 crore (cash and investments above debt), gross debt of ₹957 crore and a debt-to-equity ratio of 0.08, under its own cap of 0.5.20
- On 6 Nov 2025 CRISIL upgraded its long-term credit rating (an agency's view of its ability to repay debt) from AA (Positive) to AA+ (Stable).2122
Revenue mix
- Revenue by business, year to Mar 202623
Item year to Mar 2026 Carbon steel ₹12,760 crore, 70% Speciality alloys ₹2,097 crore, 11% Stainless steel ₹1,322 crore, 7% Cold-rolled and coated steel ₹1,242 crore, 7% Aluminium ₹821 crore, 5%
Plants and capacity
- Its aggregate installed metal capacity is 16.93 million tonnes a year (MTPA), with 467 MW of captive power plants.24
- Installed capacity by product, year to Mar 2026 (MTPA)25
Item year to Mar 2026 Iron ore pellets 6.00 Sponge iron 3.05 TMT bars, structural steel, wire rods and pipes 2.07 Billets 2.01 Pig iron 1.22 Speciality alloys 0.22 Stainless steel finished products 0.15 - Captive plants supplied 79% of its power in the quarter to Jun 2026, at ₹2.65 per kWh against an average of ₹3.30 including grid power.26
- A second phase of the cold rolling mill at Jamuria, commissioned in April 2026, raised cold-rolling capacity by 60%, from 0.25 to 0.4 MTPA.2728
Expansion and capital spending
- By Jun 2026 the company had spent ₹9,205 crore on projects since listing, 49% of the ₹18,785 crore planned; ₹6,286 crore of it was capitalised (in use).29
- On its earnings call of 21 Jul 2026, the company said the remaining ₹9,580 crore or so of announced capital spending is expected over 3 to 4 years, funded mainly from its own cash.30
- The company stated in its annual report for the year to Mar 2026 that a 0.8 MTPA special bar quality steel mill at Kharagpur (₹900 crore) and 0.6 MTPA of stainless steel at Sambalpur (₹1,800 crore) are due from the year to Mar 2029.31
- The company stated in its annual report for the year to Mar 2026 that it is building a 1.58 MTPA hot strip mill and a ₹200 crore plant for 4,800 railway wagons a year.3233
What the company expects
- The company stated in its annual report for the year to Mar 2026 that it targets revenue above ₹42,500 crore and operating EBITDA (excluding other income) above ₹6,200 crore, from ₹2,333 crore, by the year to Mar 2031.34
- The company stated in its annual report for the year to Mar 2026 that it expects value-added products to reach 88% of revenue by the year to Mar 2031, from 56% in the year to Mar 2026.35
- The company stated in its annual report for the year to Mar 2026 that its revenue targets for the year to Mar 2027 are ₹1,500 to 2,000 crore from stainless steel, ₹2,000 to 2,500 crore from colour-coated steel, ₹3,000 to 3,500 crore from pig iron.36
Recent events
- On 16 Oct 2026 the National Company Law Tribunal approved the merger of Shree Venkateshwara Electrocast into subsidiary Shyam SEL and Power, effective from 1 Apr 2024.37
- On 1 Oct 2026 the company signed a non-binding memorandum of understanding (a statement of intent) with the Government of Maharashtra for a proposed ₹50,000 crore, 9 MTPA integrated steel plant at Chandrapur.3839
- On 29 Jul 2026 the company commissioned a 1.5 MTPA beneficiation plant (which upgrades low-grade iron ore into usable feed) at Sambalpur, built for ₹150 crore.40
- On 16 Jul 2026 a subsidiary began commercial production at an 18,000 tonne-a-year aluminium foil plant at Sambalpur and set a 60,000 tonne flat rolled products line for the end of Sep 2026; the company's documents give no outcome.41
Litigation and regulatory matters
- On 15 Apr 2026 the Directorate of Enforcement provisionally attached ₹159.48 crore of investments of subsidiary Shyam SEL and Power for 180 days, in a money-laundering probe into alleged illegal coal mining. The company's documents give no outcome.4243
- In a filing of 13 Apr 2026, the company said the Central Pollution Control Board had ordered 3 Rengali units closed over pollution lapses, then granted relief with 3 months to comply.44
Last updated
All 44 sources, each with its page
- 1. Annual report, 3 Aug 2026, page 45
- 2. Annual report, 3 Aug 2026, page 156
- 3. Annual report, 3 Aug 2026, page 14
- 4. Annual report, 3 Aug 2026, page 28
- 5. Annual report, 3 Aug 2026, page 32
- 6. Investor presentation, 20 Jul 2026, page 59
- 7. Annual report, 3 Aug 2026, page 31
- 8. Annual report, 3 Aug 2026, page 74
- 9. Investor presentation, 20 Jul 2026, page 8
- 10. Exchange filing, 29 Jul 2026, page 2
- 11. Investor presentation, 20 Jul 2026, page 20
- 12. Annual report, 3 Aug 2026, page 16
- 13. Annual report, 3 Aug 2026, page 106
- 14. Annual report, 3 Aug 2026, page 38
- 15. Annual report, 3 Aug 2026, page 60
- 16. Earnings call, 21 Jul 2026, page 6
- 17. Earnings call, 21 Jul 2026, page 6
- 18. Annual report, 3 Aug 2026, page 46
- 19. Annual report, 3 Aug 2026, page 59
- 20. Annual report, 3 Aug 2026, page 13
- 21. Annual report, 3 Aug 2026, page 106
- 22. Annual report, 3 Aug 2026, page 13
- 23. Investor presentation, 20 Jul 2026, page 50
- 24. Exchange filing, 23 Oct 2026, page 3
- 25. Annual report, 3 Aug 2026, page 45
- 26. Investor presentation, 20 Jul 2026, page 36
- 27. Earnings call, 21 Jul 2026, page 6
- 28. Annual report, 3 Aug 2026, page 12
- 29. Investor presentation, 20 Jul 2026, page 38
- 30. Earnings call, 21 Jul 2026, page 7
- 31. Annual report, 3 Aug 2026, page 47
- 32. Annual report, 3 Aug 2026, page 7
- 33. Annual report, 3 Aug 2026, page 8
- 34. Annual report, 3 Aug 2026, page 9
- 35. Annual report, 3 Aug 2026, page 7
- 36. Annual report, 3 Aug 2026, page 13
- 37. Exchange filing, 23 Oct 2026, page 2
- 38. Exchange filing, 2 Oct 2026, page 1
- 39. Exchange filing, 2 Oct 2026, page 2
- 40. Exchange filing, 29 Jul 2026, page 2
- 41. Exchange filing, 16 Jul 2026, page 2
- 42. Annual report, 3 Aug 2026, page 148
- 43. Annual report, 3 Aug 2026, page 70
- 44. Exchange filing, 13 Apr 2026, page 1
Results
Consolidated; ₹ crore.Shyam Metalics and Energy quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +22.8%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- –
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹5,455 Crup 4.10%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹351 Crup 12.58%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 6.4%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,634 | 3,753 | 4,139 | 4,419 | 4,457 | 4,421 | 5,240 | 5,455 |
| Net profit | 216 | 197 | 220 | 291 | 260 | 198 | 312 | 351 |
| Net margin | 5.9% | 5.3% | 5.3% | 6.6% | 5.8% | 4.5% | 5.9% | 6.4% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹18,552 Crup 22.56%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,060 Crup 16.60%
- Net margin
- 5.7%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Revenue | 6,297 | 10,394 | 12,610 | 13,195 | 15,138 | 18,552 |
| Net profit | 844 | 1,724 | 848 | 1,029 | 909 | 1,060 |
| Net margin | 13.4% | 16.6% | 6.7% | 7.8% | 6.0% | 5.7% |
Business segments
In the year to Mar 2026 the company reports one business segment, Steel and allied products, which carries all its revenue.
Valuation
Today, against the company's own history. Not shown, P/E: a quarter's profit for shareholders does not agree with its own earnings per share.Shyam Metalics and Energy PE ratio and valuation
At or below today's level on 99% of 1,153 trading days since Nov 2021.
At or below today's level on 27% of 1,239 trading days over the last 5 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −9.0% | +16.5% | −22.4% | 0.6% |
| 3 years | +43.7% | +4.6% | +36.8% | 0.5% |
Mutual fund holdings
56 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 45 of the 46 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 56 funds holding Shyam Metalics and Energy
- AddedAdded. Funds that held more shares than at the end of the month before.
- 16
- CutCut. Funds that held fewer shares than at the end of the month before.
- 30
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 10
| Fund | |||
|---|---|---|---|
| 29,11,246 | 1.61% | ₹310.0 Cr | |
| 5,75,900 | 0.58% | ₹61.3 Cr | |
| 2,57,658 | 0.50% | ₹27.4 Cr | |
| 2,28,093 | 2.01% | ₹24.3 Cr | |
| 1,63,910 | 1.03% | ₹17.5 Cr | |
| 1,08,815 | 0.34% | ₹11.6 Cr | |
| 1,07,661 | 1.19% | ₹11.5 Cr | |
| 85,389 | 0.34% | ₹9.09 Cr | |
| 85,000 | 0.96% | ₹9.05 Cr | |
| 58,207 | 0.66% | ₹6.20 Cr |
Promoter and insider buying and selling
Trades made since 30 Oct 2025.Shyam Metalics and Energy insider trading
- Others0 purchases, 1 saleNo purchase₹0.55 CrNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.−₹0.55 Cr3 pledge filings of unclear kind · 2 off-market moves
- Promoters and promoter group: no market trade
- Directors and key managers: no market trade · 2 off-market moves
- Employees: no market trade · 9 off-market moves
Shyam Metalics and Energy competitors and peers
Iron & Steel Products, 145 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Shyam Metalics and Energy in market cap.Capital goods stocks
Shyam Metalics and Energy is not on the chart: it has no P/E or return on equity today
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 65,924 | 27.84 | 6.20 | +13.6% | +9.5% | 25.2% | 17.8% | 0.20% | |
| 60,946 | 46.53 | 10.62 | +15.8% | +24.9% | 25.3% | 26.0% | 0.39% | |
| 16,317 | 37.69 | 3.97 | −16.3% | −24.1% | 11.2% | 13.2% | 0.43% | |
| 15,195 | 27.70 | 1.20 | −0.7% | −60.1% | 4.4% | 6.7% | 0.84% | |
| 14,076 | 27.76 | 4.26 | +8.5% | +25.4% | 16.8% | 18.8% | 0.81% | |
| 13,801 | 33.87 | 3.96 | +5.5% | −17.3% | 12.4% | 12.3% | 0.35% | |
| 13,102 | 16.24 | 2.26 | +8.4% | +8.9% | 15.1% | 17.2% | 0.51% | |
| 8,717 | 12.66 | 2.63 | +18.3% | +82.8% | 23.4% | 25.3% | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Shyam Metalics and Energy dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 7 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹2.70 |
| 24 Jul 2026 | Interim | ₹1.80 |
| 19 Aug 2025 | Final | ₹2.25 |
| 28 Jul 2025 | Interim | ₹1.80 |
| 7 Feb 2025 | Interim | ₹2.25 |
| 30 Aug 2024 | Final | ₹2.70 |
Latest announcements
Routine notices left out.Shyam Metalics and Energy announcements
Oct 2026
28 Oct · Analysts
22 Oct · Business
6 Oct · Monthly Business Updates
Shyam Metalics and Energy share price by year
Each calendar year to 2025.Shyam Metalics and Energy share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 847.65 | +16.2% | 992.15 | 692.80 |
| 2024 | 729.40 | +16.2% | 942.40 | 544.30 |
| 2023 | 627.80 | +100.2% | 627.80 | 255.40 |
| 2022 | 313.60 | −8.5% | 378.10 | 276.45 |
| 2021 | 342.85 | – | 445.00 | 308.25 |
Recent sessions
The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 28 Oct 2026 | 1,146.00 | 1,155.00 | 1,140.10 | 1,144.70 | 1,146.24 | 47,791 | 53.9% |
| 27 Oct 2026 | 1,130.70 | 1,160.00 | 1,120.50 | 1,153.80 | 1,147.85 | 82,245 | 39.6% |
| 26 Oct 2026 | 1,098.70 | 1,143.00 | 1,098.70 | 1,126.20 | 1,123.41 | 2,39,876 | 53.9% |
| 23 Oct 2026 | 1,193.10 | 1,193.10 | 1,130.00 | 1,131.30 | 1,144.47 | 2,85,045 | 44.3% |
| 22 Oct 2026 | 1,179.40 | 1,210.30 | 1,161.10 | 1,200.00 | 1,187.15 | 3,69,233 | 56.5% |
| 21 Oct 2026 | 1,230.10 | 1,235.00 | 1,169.60 | 1,195.60 | 1,198.09 | 10,27,702 | 44.1% |
| 19 Oct 2026 | 1,200.20 | 1,240.50 | 1,178.50 | 1,226.60 | 1,225.13 | 7,65,369 | 47.1% |
| 16 Oct 2026 | 1,156.00 | 1,223.00 | 1,146.10 | 1,198.50 | 1,195.24 | 9,63,477 | 44.7% |
| 15 Oct 2026 | 1,141.60 | 1,166.00 | 1,128.00 | 1,157.00 | 1,155.18 | 5,45,252 | 47.3% |
Company details
- NSE symbol
- SHYAMMETL
- BSE code
- 543299
- ISIN
- INE810G01011
- Industry
- Industrial Products
- Website
- www.shyammetalics.com
- CIN
- L40101WB2002PLC095491
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2002
- Registered office
- 83, Trinity Tower, 7th Floor, Topsia Road, Kolkata 700046, West Bengal
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments