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Shyam Metalics reported robust FY26 results with Revenue of ₹18,552 Cr and PAT of ₹1,061 Cr, focusing on value-added products and significant backward integration.
Shyam Metalics re-appointed BSS & Associates as Cost Auditors and Ernst & Young LLP as Internal Auditors. Both appointments are for a 12-month term starting April 2026.
Shyam Metalics and Energy recommended a final dividend of ₹2.7 per equity share for FY 2025-26. This reflects the company's commitment to returning capital to shareholders.
Shyam Metalics reported Q4 FY26 revenue of ₹5,240 Crore and approved ₹2,700 Crore strategic Capex. Strong performance reflects robust volume growth and operational excellence.
Shyam Metalics and Energy Ltd reported revenue from operations of ₹5,240 Cr (+26.3% YoY) and net profit of ₹311.5 Cr (+41.5% YoY) for Q4 FY26.
Shyam Metalics reported its FY26 results and recommended a ₹2.70 per share dividend. The board also approved a ₹2,700 Crore capacity expansion in Kharagpur and Sambalpur.
Shyam Metalics and Energy Ltd released April 2026 sales data. Stainless steel volumes rose 10.89% YoY, while Aluminium Foil volumes increased 19.63%. Despite YoY volume growth in several segments, most products saw Month-on-Month volume declines. Realizations across key categories like Stainless Steel and Aluminium Foil improved on both YoY and MoM bases.
Shyam Metalics and Energy Ltd unveiled a ₹2,700 Crore expansion plan to enter premium specialty steel and enhance stainless steel capacity. Funded through internal accruals, the projects target commissioning by 2029. This strategic shift towards high-margin products aims to drive long-term earnings quality and reduce import dependence in critical sectors.
Shyam Metalics and Energy Limited has scheduled a Board Meeting for May 11, 2026. The meeting will consider audited standalone and consolidated financial results for the year ended March 2026 and a final dividend recommendation. The trading window remains closed until May 13, 2026.
Shyam Metalics and Energy Limited has scheduled a board meeting on May 11, 2026. The board will consider audited standalone and consolidated financial results for FY26, recommend a final dividend for FY25-26, and discuss future capital expenditure plans.
Shyam Metalics' subsidiary is launching an aluminium manufacturing facility in Odisha with 60,000 TPA FRP and 18,000 TPA foil capacity. The project aims to improve operating margins by 40-50% and double revenue over the medium term. This expansion strengthens the company's downstream metal capabilities and aligns with the 'Make in India' initiative.
Shyam Metalics and Energy Ltd has commenced commercial production from two new annealing furnaces (25 MT and 30 MT) at its Pakuria facility. Additionally, it commissioned a 2300 mm Vertical Foil Separator to produce specialized ultra-light gauge foils. These upgrades enhance manufacturing efficiency and expand the company's value-added product portfolio.
Shyam Metalics and Energy Limited's subsidiary, SSPL, received a provisional attachment order of ₹159.51 Crore from the Directorate of Enforcement. The attachment relates to an investigation into alleged illegal coal mining by third parties. The company clarifies that no linkage was found with its operations and is pursuing legal recourse.
Shyam Metalics and Energy Ltd commissioned Phase II of its CRM facility at Jamuria, scaling capacity to 0.40 MTPA. The plant commenced commercial production on April 16, 2026, targeting high-growth sectors like solar and automotive. This expansion aligns with India's PLI Scheme and aims to reduce import dependency for precision-engineered steel.
Shyam Metalics and Energy Ltd's subsidiary, SSPL, commenced commercial production of Phase II at its Jamuria facility on April 16, 2026. This adds 0.15 MTPA capacity, bringing total capacity to 0.40 MTPA. The expansion strengthens the company's value-added steel segment and market competitiveness.
Shyam Metalics and Energy Ltd reported net profit of ₹198 Cr (+0.5% YoY) for Q3 FY26.
Shyam Metalics and Energy Ltd clarified that the CPCB has granted relief from closure directions for specific units at its Rengali Plant. Operations are resuming after the company undertook remedial measures. The CPCB provided three months to achieve full compliance. Stakeholders are advised to ignore unverified social media information.
Shyam Metalics and Energy Limited submitted an annual declaration from its promoters for the financial year ended March 31, 2026. The promoters confirmed that no new encumbrances, direct or indirect, were made on their equity shares during the year, maintaining transparency in shareholding stability.