Shyam Metalics And Energy Limited has informed the Exchange regarding Monthly Business Updates for the month of March 2026
SHYAMMETL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shyam Metalics reported strong Q4 FY26 and March 2026 sales across most segments. Stainless Steel volumes rose 58.91% YoY (11.49% full year) with realizations up 19.01% YoY. Pellets saw 44.31% YoY volume growth and 39.90% full year increase. CR Coil/CR Sheets showed exceptional 715.96% volume growth full year after starting colour-coated production in Nov 2024. Aluminium Foil volumes grew 3.99% annually with 10.40% higher realizations. Pig Iron volumes surged 245.37% YoY (596.56% full year). However, Sponge Iron volumes declined 10.86% for full year with QoQ down 14.83%, and HR Tube/Pipe volumes dropped 35.93% YoY. The company maintains a diversified product mix across carbon steel, stainless steel, special alloys, and aluminium foil.
Strong volume and realization growth across stainless steel, pellets, aluminium foil and CR coils signals healthy demand. The sponge iron volume decline warrants monitoring as it could indicate sector-specific challenges. Overall positive monthly and quarterly performance suggests continued profitability, though investors should watch the sponge iron segment weakness.