Shyam Metalics And Energy Limited has informed the Exchange regarding a press release dated January 24, 2026, titled "Pursuant to Regulation 30 of SEBI (LODR) Regulations 2015, we are pleased to inform you that a press release was issued titled SMEL reports strong Volume & Revenue growth in Q3 FY26 Volumes grew by 25% YoY, Revenues grew by 18% YoY the Board approved fresh CAPEX of Rs. 6,660 crores .".
SHYAMMETL · price
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Shyam Metalics and Energy Limited (SMEL) reported strong operational performance in Q3 FY26, with volumes growing 25% year-on-year and revenues growing 18% year-on-year. The company highlighted strong volume and revenue growth driven by its existing operations. Separately, the Board of Directors has approved a fresh capital expenditure (CAPEX) plan of Rs. 6,660 crores, signaling a major investment push. The announcement was made via a press release dated January 24, 2026, filed under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements. This is a significant capacity expansion move for the company alongside its reported quarterly growth.
The strong Q3 numbers indicate healthy business momentum, while the massive Rs. 6,660 crore CAPEX signals aggressive future growth plans, which could boost long-term production capacity but may also increase leverage in the near term.