SHYAM METALICS AND ENGY L

Operates an integrated iron, steel and aluminium value chain with total installed metal capacity of 16.93 MTPA. In FY26, the company sold 4.94 million tonnes of metal products (up 26% YoY) and posted revenue of INR 18,552 cr at an EBITDA margin of 13.67%. Products span pig iron, sponge iron, iron ore pellets, hot rolled and cold rolled coils, stainless steel, colour-coated steel, structural products, aluminium foil and aluminium flat rolled products, sold to infrastructure, construction, automotive, packaging and industrial customers. Recent capacity additions include a 1.5 MTPA iron ore beneficiation plant at Sambalpur commissioned in July 2026 at INR 150 cr cost, an 18,000 TPA aluminium foil line in Odisha, a colour-coated plant (April 2026) that lifted cold rolling capacity 60% to 0.4 MT, and an 8.90 MWp captive solar project at Jamuria. Forward projects include a specialty wire/bar mill at Kharagpur (INR 900 cr) and a stainless steel downstream facility at Sambalpur (INR 1,800 cr), both due March 2029, plus a 60,000 TPA aluminium flat rolled line targeted for September 2026. Q1 FY27 revenue rose 23% YoY to INR 5,455 cr with EBITDA margin expanding to 14.9%, and the business is shifting from commodity steel toward value-added metals under a Vision 2031 roadmap. Raw materials are the largest cost at 73.7% of revenue.