Shyam Metalics And Energy Limited has informed the Exchange regarding Monthly Business Updates for the month of April 2026
SHYAMMETL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shyam Metalics reported mixed sales performance for April 2026, the first month of FY27. Pig Iron volumes surged 122.86% YoY to 93,345 MT due to the Jamuria blast furnace (7.7 lac tonnes per annum) ramping up since November 2024. CR Coil/CR Sheets also showed strong 41.35% YoY volume growth. However, Carbon Steel volumes declined 12.88% YoY to 118,809 MT and Sponge Iron volumes fell 29.33% YoY to 55,641 MT. Most product segments saw higher realizations (prices) YoY, particularly Stainless Steel (up 25.30%) and Aluminium Foil (up 22.29%). Month-on-month, most segments saw volume declines from March 2026, indicating typical seasonality or demand moderation.
The strong YoY growth in Pig Iron and CR Coil volumes, combined with higher realizations across most segments, suggests operational strength despite some volume softness. However, declining MoM volumes across key segments like Carbon Steel (-23.81%) and Stainless Steel (-24.63%) could be a concern for near-term quarterly revenue.