BSEMediumNeutral
Announced Tue, 8 Apr · 17:27 IST

Sales Release for the Month, Quarter and Year Ended 31st March, 2025

Business Updates View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shyam Metalics reported consolidated sales performance for March 2025, Q4 FY25, and full year FY25 across its product segments. For FY25, Stainless Steel volumes surged 66% with realizations up 17%, Carbon Steel volumes grew 12% (though realizations fell 5%), Aluminium Foil volumes rose 27% with realizations up 6%, and Speciality Alloys volumes increased 13%. New capacities ramped up well: the Jamuria color coated plant (commissioned Nov 2024) saw Q4 volumes jump 338%, the new HR Tube/Pipe unit saw March volumes rise 633% MoM, and the new 7.7 lakh tonne blast furnace for Pig Iron drove Q4 volumes up 146%. On the weaker side, Pellet volumes fell 19% for FY25 due to tepid market conditions and lower capacity utilization, while Sponge Iron realizations declined 5%. Management expects Aluminium Foil EBITDA margins to improve meaningfully this year following recent import duties, and a Parallel Flange Beams line is expected to start production later this year.

Likely market impact

Net positive — strong volume growth and better product mix in stainless steel, carbon steel, and aluminium foil, plus successful ramp-up of new plants, outweigh weakness in pellets. The aluminium foil duty tailwind and upcoming beam capacity could support earnings growth in FY26.