Shyam Metalics And Energy Limited has informed the Exchange regarding Monthly Business Updates for the month of April 2025
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Shyam Metalics reported its April 2025 sales performance across its product portfolio. Carbon Steel sales volume rose 4% YoY to 1,36,372 MT, though it dipped 9.9% versus March 2025. Pellet sales volumes more than doubled YoY, jumping 106% to 1,04,148 MT, with a 41% MoM increase. Pig Iron sales reached 41,866 MT, up 53.3% MoM, supported by the new 7.7 lakh tonne blast furnace at Jamuria commissioned in November 2024. Speciality Alloys volumes grew 32.6% YoY to 19,945 MT, though realisations fell 5.8%. Aluminium Foil volumes rose 18% YoY but slipped 21% MoM, while realisations gained 19% YoY. New products like CR Coil/Sheets (+33% MoM) and HR Tube/Pipe (+39% MoM) are scaling up from the recently commissioned color-coated plant.
The new blast furnace and color-coated plant ramp-ups are driving strong MoM growth in Pig Iron and coated product volumes, which is positive for future revenue and margins. However, the 9.9% MoM decline in the core Carbon Steel segment and a 21% MoM drop in Aluminium Foil volumes may raise near-term concerns despite overall YoY growth.