Shyam Metalics And Energy Limited has informed the Exchange regarding a press release dated May 11, 2026, titled "Press Release - Shyam Metalics delivers stellar and robust Q4 & FY26 performance".
SHYAMMETL · price
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Shyam Metalics and Energy reported strong Q4 FY26 results with revenue of Rs 5,240 crore (up 27% YoY), EBITDA of Rs 756 crore (up 33% YoY), and PAT of Rs 312 crore (up 42% YoY). Full year FY26 revenue stood at Rs 18,552 crore with PAT of Rs 1,061 crore. Volume grew 22% YoY in Q4 with significant jumps in Pig Iron (202% YoY) and CR Coil/Sheet (200% YoY). EBITDA margins improved to 14.4% in Q4 FY26. The Board has approved a strategic capex of Rs 2,700 crore focused on value-added specialty steel segments and stainless steel downstream capabilities. Phase 2 operations at CRM complex in Jamuria have commenced, and an aluminium plant project in Odisha is ready for commercial production. Market cap stands at Rs 24,329 crore.
The company delivered robust all-round growth with margin expansion and strong profitability improvement. The Rs 2,700 crore capex investment signals commitment to premiumization and downstream integration, which could drive future margin improvement. The significant volume growth across key products indicates strong operational execution and market share gains.