Shyam Metalics And Energy Limited has informed the Exchange about Transcript

Shyam Metalics posted a strong FY26 with full-year revenue of INR 18,552 crores (up 22% YoY) and PAT of INR 1,061 crores (up 17%). Q4 was the strongest quarter on record with revenue of INR 5,240 crores (up 27%) and EBITDA of INR 756 crores (up 33%), with EBITDA margin expanding to 14.4%. The company approved a new INR 2,700 crore capex — split between an 8 lakh tonne long and specialty wire/bar mill at Kharagpur (INR 900 crores) and a stainless steel expansion to 6 million tonnes at Sambalpur with full downstream capability (INR 1,800 crores) — both targeted for March 2029 commissioning. Management guided for ~30% operating profit growth in FY27 driven by full-year contribution from CRM Phase 2 commissioning and the aluminum foil plant ramp-up. EBITDA per tonne guidance was provided at INR 10,000-11,000 for CRM and INR 35,000-40,000 for aluminum. The company is net cash with ~INR 2,000 crores operating cash flow and targets debt below 0.5x equity. The company remains optimistic about West Bengal's improved policy environment supporting faster growth.