Press Release - Shyam Metalics delivers stellar and robust Q4 & FY26 Performance
SHYAMMETL · price
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On the reaction day the stock moved 0.6 pts more than Nifty Smallcap 250 and 0.3 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 reported strong Q4 FY26 results with revenue of Rs. 5,240 crore (up 27% YoY), EBITDA of Rs. 756 crore (up 33% YoY), and PAT of Rs. 312 crore (up 42% YoY). Full year FY26 revenue stood at Rs. 18,552 crore with 22% growth. Operating EBITDA margins expanded to 13.9% in Q4 from 12.4% a year ago. The Board has approved a strategic capex of Rs. 2,700 crore focused on value-added and specialty steel segments, stainless steel downstream capabilities, and a richer product mix. Key projects including CRM complex Phase 2 at Jamuria and aluminium plant expansion are progressing well.
Strong operational performance with margin expansion signals execution strength. The Rs. 2,700 crore capex announcement indicates management confidence in long-term growth through premiumization, though it may pressure near-term free cash flow. The stock is likely to react positively given beat on profitability metrics.