Final Dividend
SHYAMMETL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.2 pts less than Nifty Smallcap 250 and 3.0 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Shyam Metalics and Energy Ltd board has recommended a final dividend of Rs 2.70 per equity share (27% of face value Rs 10) for FY2025-26, pending shareholder approval at the ensuing AGM. The company reported strong audited consolidated results with revenue from operations of Rs 18,552 crore for FY2026, up from Rs 15,159 crore in FY2025. Profit after tax for the year stood at Rs 1,060 crore. The board also approved major capex plans worth Rs 2,700 crore for expanding steel manufacturing capacity at Kharagpur and Sambalpur plants, expected to commission by March 2029. The statutory auditors issued an unmodified opinion on the financial results.
The dividend recommendation signals consistent shareholder returns and reflects the company's profitability. Without the current stock price, the exact yield cannot be confirmed, but the maintained dividend payout indicates financial stability despite the Rs 2,700 crore expansion capex plans.