Q2 PAT rises 96%; FY31 revenue target above Rs 42,500 crore
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 2.5 pts more than Nifty Smallcap 250 and 3.0 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Q2 FY27 revenue rose 33.4% year on year to Rs 5,960 crore, EBITDA rose 40.9% to Rs 857 crore and PAT rose 96.2% to Rs 511 crore. H1 revenue was Rs 11,415 crore and PAT Rs 862 crore. Management targets FY31 revenue above Rs 42,500 crore, EBITDA above Rs 6,600 crore, a 16% EBITDA margin, 27 MTPA capacity and net cash. Expansion is internally funded as the mix shifts toward higher-value steel; results also reflect straight-line depreciation.
Profit growth and higher-value products support sentiment, but the depreciation change and large self-funded capex program create execution risk.