Shyam Metalics and Energy Limited

BSE: SHYAMMETL543299ISIN INE810G01011

Industrials
Iron & Steel Products
BSE 500

Share price

₹1,231.00+13.40 (+1.10%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹1,256.90
52W low: ₹745.65
Off 52W high: -2.06%
1M return: +20.72%
3M return: +19.76%
6M return: +37.60%
1Y return: +38.81%
20D avg volume: 21,321
50 DMA: ₹1,100.87
200 DMA: ₹952.79

Key ratios Consolidated

Market cap: ₹34,361 Cr
Current price: ₹1,231.00
52W high / low: ₹1,256.90 / ₹745.65
Face value: ₹10.00
P/E: 25.07
P/B: 2.78
EPS (TTM): ₹49.11
Book value / share: ₹443.57
ROE: —
ROCE: 12.90%
Operating margin: —
Net margin: —
Debt / equity: 0.08
Net debt: ₹884.20 Cr
Interest cover: 8.61
Dividend yield: 0.37%
Dividend / share (TTM): ₹4.50
Payout: 9.16%
Cash conversion cycle: 10.7 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	5,960	5,455	5,240	4,421	4,457	4,419	—	3,753	3,634	3,612	3,606	3,315
	34.15	47.09	29.22	51.65	69.13	53.61	—	50.93	74.59	50.87	51.04	39.92
	5,994	5,502	5,270	4,473	4,526	4,472	—	3,803	3,709	3,662	3,657	3,355
	5,336	5,033	4,813	4,203	4,179	4,084	—	3,540	3,402	3,288	3,325	3,130
	4,401	4,214	3,849	3,251	3,290	3,290	—	3,045	2,591	2,778	2,496	2,505
	10.36	0.03	33.12	57.07	52.54	3.45	—	—	—	26.13	27.04	0.02
	145.86	135.62	134.34	125.52	124.12	123.00	—	109.87	106.93	108.04	99.32	102.84
	88.67	78.30	51.31	50.84	50.30	39.78	—	41.17	30.47	28.65	21.55	39.58
	110.04	264.87	248.51	217.92	211.18	204.54	—	202.71	143.97	135.86	139.36	182.09
	761.32	644.68	725.18	566.45	526.26	527.19	—	470.37	465.58	442.94	468.38	417.19
	658.46	469.21	456.28	270.00	347.08	388.91	—	263.08	306.75	374.09	331.82	225.61
	0.00	0.00	0.00	0.04	0.01	0.03	—	0.00	0.00	0.00	0.03	0.00
	658.46	469.21	456.28	270.04	347.09	388.94	—	263.08	306.75	374.09	331.85	225.61
	147.38	118.50	144.76	72.53	86.64	98.27	—	65.78	91.12	98.01	111.91	99.84
	510.99	350.73	311.54	197.51	260.45	290.67	—	197.31	215.68	276.12	219.94	125.80
	18.39	12.60	11.20	7.10	9.36	10.45	—	7.10	7.76	9.93	7.94	4.93
Key metrics
	857.17	812.38	756.10	538.80	608.57	633.26	—	506.96	481.19	538.60	492.76	447.28
	14.40%	14.90%	14.40%	12.20%	13.70%	14.30%	—	13.50%	13.20%	14.90%	13.70%	13.50%
	8.60%	6.40%	5.90%	4.50%	5.80%	6.60%	—	5.30%	5.90%	7.60%	6.10%	3.80%
	5.50%	—	4.00%	—	3.20%	—	—	—	—	—	—	—
	33.70%	23.50%	—	17.80%	22.60%	22.40%	—	13.20%	—	—	—	—
	96.20%	20.70%	—	0.10%	20.80%	5.30%	—	56.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21
Income statement
	21,077	18,552	15,138	13,195	12,610	10,394	6,297
	162.11	203.61	230.63	158.98	112.01	60.00	23.72
	21,239	18,756	15,368	13,354	12,722	10,454	6,321
	19,385	17,294	14,127	12,415	11,680	8,090	5,266
	15,715	13,680	11,337	9,594	8,916	6,461	3,717
	100.58	146.18	5.88	31.23	292.56	32.54	67.58
	541.34	506.98	434.26	368.52	345.15	246.57	188.14
	269.12	192.23	143.92	133.28	93.13	23.17	62.46
	841.34	882.15	711.17	656.04	463.08	272.40	300.36
	2,698	2,360	1,896	1,778	1,813	1,235	881.83
	1,854	1,462	1,241	939.68	1,042	2,364	1,055
	0.04	0.00	0.00	0.12	0.14	0.14	0.27
	1,854	1,462	1,241	939.80	1,042	2,364	1,055
	483.17	402.20	331.93	89.20	193.42	640.17	211.40
	1,371	1,060	909.26	1,029	848.41	1,724	843.56
	49.29	38.10	32.70	39.54	33.26	68.91	36.10
Key metrics
	2,964	2,537	2,096	1,729	1,598	2,660	1,418
	14.06%	13.70%	13.80%	13.10%	12.70%	25.60%	22.50%
	6.50%	5.70%	6.00%	7.80%	6.70%	16.60%	13.40%
	—	12.90%	11.80%	—	—	—	—
	—	22.60%	14.70%	4.60%	21.30%	65.10%	—
	—	16.60%	-11.60%	21.30%	-50.80%	104.40%	—
	—	-613.68	-184.17	—	—	—	—
	—	1.91	2.16	—	—	—	—
	—	0.08	0.07	—	—	—	—
	—	884.20	716.33	—	—	—	—
	—	10.7	20.8	—	—	—	—
Balance sheet
	—	20,061	16,316	—	—	—	—
	—	7,256	5,530	—	—	—	—
	—	97.12	63.13	—	—	—	—
	—	904.59	792.51	—	—	—	—
	—	4,501	2,985	—	—	—	—
	—	1,269	805.42	—	—	—	—
	—	8,075	6,268	—	—	—	—
	—	4,865	2,917	—	—	—	—
	—	7,280	4,604	—	—	—	—
	—	981.32	779.46	—	—	—	—
	—	884.28	624.25	—	—	—	—
	—	97.04	155.21	—	—	—	—
	—	12,357	11,278	—	—	—	—
Cash flow
	—	2,024	1,964	—	—	—	—
	—	-1,939	-1,904	—	—	—	—
	—	-50.31	-35.99	—	—	—	—
	—	2,637	2,148	—	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,895	1,590	1,808	1,757	1,671	1,752	1,599	1,621	1,694	1,559	1,759	1,764
	24.40	33.08	19.97	29.95	30.28	30.57	29.62	28.06	43.24	44.22	36.69	23.51
	1,919	1,623	1,828	1,787	1,702	1,783	1,629	1,649	1,738	1,603	1,796	1,788
	1,655	1,438	1,621	1,654	1,522	1,558	1,497	1,493	1,590	1,379	1,647	1,676
	1,221	1,075	1,227	1,159	1,064	1,182	1,051	1,145	1,079	1,107	1,198	1,089
	130.94	35.09	68.48	223.55	180.00	71.65	30.49	104.56	167.65	38.87	130.74	318.56
	57.07	49.29	51.17	45.82	50.65	50.71	48.53	50.21	47.75	51.70	49.66	55.01
	21.89	20.93	23.05	8.89	7.94	10.67	12.77	10.58	13.32	13.21	9.89	17.60
	31.69	71.37	77.56	54.69	54.31	53.02	55.23	53.86	53.46	48.45	55.15	59.07
	222.96	196.32	189.72	190.16	148.55	184.53	204.14	202.62	184.88	183.34	181.00	184.15
	264.04	184.81	207.11	132.78	179.17	224.73	132.12	156.77	147.20	224.37	148.63	111.52
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	264.04	184.81	207.11	132.78	179.17	224.73	132.12	156.77	147.20	224.37	148.63	111.52
	65.91	45.85	55.95	34.34	43.56	57.09	32.59	37.90	38.84	61.51	38.32	31.48
	198.13	138.96	151.16	98.44	135.61	167.64	99.53	118.87	108.36	162.86	110.31	80.04
	7.35	4.96	5.43	3.54	4.87	6.03	3.58	4.28	3.90	5.86	3.98	3.14
Key metrics
	317.62	277.11	307.72	196.36	241.42	288.42	200.12	221.21	213.98	286.03	213.67	188.19
	16.80%	17.40%	17.00%	11.20%	14.40%	16.50%	12.50%	13.60%	12.60%	18.40%	12.10%	10.70%
	10.50%	8.70%	8.40%	5.60%	8.10%	9.60%	6.20%	7.30%	6.40%	10.40%	6.30%	4.50%
	4.10%	—	3.50%	—	3.00%	—	2.40%	—	—	—	—	—
	13.40%	-9.20%	13.10%	8.40%	-1.40%	12.40%	-9.10%	-8.10%	—	—	—	—
	46.10%	-17.10%	51.90%	-17.20%	25.10%	2.90%	-9.80%	48.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21
Income statement
	7,051	6,993	6,474	6,668	6,243	4,658	3,024
	107.40	110.77	144.32	96.40	62.99	95.17	50.22
	7,158	7,104	6,618	6,765	6,306	4,754	3,074
	6,369	6,360	5,957	6,309	6,009	3,641	2,544
	4,683	4,633	4,383	4,433	4,722	2,934	1,805
	458.06	543.68	341.57	641.26	171.29	2.10	27.02
	203.35	198.35	198.19	179.66	188.46	127.83	101.89
	74.76	50.55	49.88	57.93	37.79	8.96	38.72
	235.31	239.58	211.00	218.68	207.82	119.61	149.66
	799.16	716.97	774.16	792.25	805.76	552.62	384.08
	788.74	743.79	660.46	456.04	297.37	1,112	529.47
	0.00	0.00	0.00	—	—	—	—
	788.74	743.79	660.46	456.04	297.37	1,112	529.47
	202.05	190.94	170.84	104.64	1.66	302.00	90.57
	586.69	552.85	489.62	351.40	299.03	810.27	438.90
	21.28	19.87	17.61	13.50	11.72	32.38	18.79
Key metrics
	1,099	1,034	921.34	732.65	542.98	1,241	717.85
	15.58%	14.80%	14.20%	11.00%	8.70%	26.60%	23.70%
	8.32%	7.90%	7.60%	5.30%	4.80%	17.40%	14.50%
	—	12.00%	11.60%	—	—	—	—
	6.12%	8.00%	-2.90%	6.80%	34.00%	54.10%	—
	12.47%	12.90%	39.30%	17.50%	-63.10%	84.60%	—
	—	-92.45	-223.49	—	—	—	—
	—	1.25	0.57	—	—	—	—
	—	0.04	0.03	—	—	—	—
	—	217.79	173.31	—	—	—	—
	—	44.6	53.7	—	—	—	—
Balance sheet
	—	8,723	7,423	—	—	—	—
	—	3,218	2,382	—	—	—	—
	—	13.40	29.19	—	—	—	—
	—	1,160	934.39	—	—	—	—
	—	1,308	890.46	—	—	—	—
	—	299.25	163.25	—	—	—	—
	—	2,153	1,728	—	—	—	—
	—	1,613	873.12	—	—	—	—
	—	2,107	1,325	—	—	—	—
	—	231.19	202.50	—	—	—	—
	—	230.56	201.30	—	—	—	—
	—	0.63	1.20	—	—	—	—
	—	6,436	5,987	—	—	—	—
Cash flow
	—	689.51	278.40	—	—	—	—
	—	-556.67	-188.80	—	—	—	—
	—	-148.63	-84.21	—	—	—	—
	—	781.96	501.89	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +3.85%
Sales CAGR 5Y: +18.26%
Profit CAGR 3Y: +22.73%
Profit CAGR 5Y: +4.72%
Sales YoY (TTM): +6.12%
Profit YoY (TTM): +12.47%

Consolidated

Sales CAGR 3Y: +13.73%
Sales CAGR 5Y: +24.12%
Profit CAGR 3Y: +7.71%
Profit CAGR 5Y: +4.68%
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 74.59%

Holder	Type	Holding	Previous	Change
SUBHAM BUILDWELL PVT. LTD.	Promoter	21.86%	—	—
NARANTAK DEALCOMM LIMITED	Promoter	15.48%	—	—
SUBHAM CAPITAL PRIVATE LIMITED	Promoter	14.61%	—	—
BRIJ BHUSHAN AGARWAL	Promoter	8.34%	—	—
KALPATARU HOUSE FIN. AND TRADING PRIVATE LTD.	Promoter	7.67%	—	—
DORITE TRACON (P) LTD	Promoter	5.09%	—	—
LIFE INSURANCE CORPORATION OF INDIA	Public	3.80%	—	—
AUTHUM INVESTMENT AND INFRASTRUCTURE LIMITED	Public	2.39%	—	—
TATA AIA LIFE INSURANCE CO LTD-SELECT EQUITY FUND	Public	1.60%	—	—
UNITBHAI SHANTILAL MEHTA	Public	1.25%	—	—
FIDELITY SECURITIES FUND: FIDELITY BLUE CHIP GROWTH	Public	1.15%	—	—
INVESCO INDIA FLEXI CAP FUND	Public	1.14%	—	—
BRIJ BHUSAN AGARWAL & SONS	Promoter Group	0.81%	—	—
MITTU AGARWAL	Promoter Group	0.41%	—	—
TOP LIGHT MERCANTILES PVT. LTD.	Promoter	0.25%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Welspun Corp Limited	63,062	2,390.60	26.60	16.70%	+13.62% TTM	+9.55% TTM	+158.46%
APL Apollo Tubes Limited	61,038	2,198.30	46.60	28.20%	+15.83% TTM	+24.90% TTM	+23.52%
Shyam Metalics and Energy Limited S	34,361	1,231.00	58.56	12.00%	+6.12% TTM	+12.47% TTM	+38.81%
Ratnamani Metals & Tubes Ltd	17,199	2,453.80	33.44	16.30%	-16.31% TTM	-8.61% TTM	+0.53%
Jindal Saw Ltd.	16,202	253.35	32.58	10.80%	-0.73% TTM	-55.61% TTM	+48.64%
Usha Martin Ltd.	14,798	485.60	29.16	18.20%	+8.54% TTM	+25.85% TTM	+2.31%
GODAWARI POWER AND ISPAT LTD.	13,845	205.65	17.14	17.90%	+8.43% TTM	+8.78% TTM	-26.21%
GALLANTT ISPAT LIMITED	12,753	528.55	31.30	18.00%	+5.52% TTM	-17.31% TTM	-5.83%
Jayaswal Neco Industries Ltd S	8,906	91.72	12.94	24.20%	+18.34% TTM	+82.81% TTM	+21.19%
Aeroflex Industries Limited	7,504	567.10	83.87	16.50%	+55.03% TTM	+87.04% TTM	+210.65%
Maharashtra Seamless Ltd.	7,450	556.00	10.11	13.00%	-12.21% TTM	-16.12% TTM	-3.03%
Sunflag Iron & Steel Co. Ltd.	7,070	392.30	34.35	3.70%	+9.35% TTM	+4.58% TTM	+48.12%
Shivalik Bimetal Controls Ltd.	6,178	1,072.50	58.24	25.00%	+27.78% TTM	+33.44% TTM	+130.55%
Technocraft Industries (India) Ltd.	6,166	2,719.40	17.69	19.30%	+12.39% TTM	+33.31% TTM	+12.14%
Man Industries (India) Ltd	5,756	767.35	28.17	16.10%	+10.75% TTM	+26.33% TTM	+94.91%
Goodluck India Limited	5,412	542.70	24.86	19.40%	+18.76% TTM	+31.22% TTM	+32.51%
SAMBHV STEEL TUBES LIMITED	4,886	165.80	25.04	17.50%	—	—	+41.23%
Bansal Wire Industries Limited	4,681	59.80	5.97	16.20%	+20.27% TTM	+2.82% TTM	-2.99%
Surya Roshni Ltd.	4,492	206.40	14.41	15.00%	+11.69% TTM	+8.34% TTM	-31.93%
Electrosteel Castings Ltd.	4,241	68.60	35.12	5.10%	-15.69% TTM	-78.91% TTM	-23.36%
Venus Pipes & Tubes Limited S	3,813	1,840.60	40.76	22.80%	+21.73% TTM	+15.01% TTM	+45.10%
Kalyani Steels Ltd	3,774	864.65	13.40	16.20%	-1.11% TTM	+8.01% TTM	+1.58%
Kirloskar Industries Ltd	3,479	3,308.30	10.24	—	+3.82% TTM	-0.15% TTM	-12.15%
Vardhman Special Steels Ltd S	3,454	356.90	21.41	13.50%	+14.75% TTM	+68.58% TTM	+20.94%
Ratnaveer Precision Engineering Limited S	3,192	380.35	41.84	13.30%	+21.02% TTM	+45.53% TTM	—

Filings & corporate actions

Recent announcements

Intimation of Change in Corporate / Communication Address of RTA4 Nov 2026 · Company Update / General
Outcome of Con Call for Q2 and H1 ended 30th September, 20262 Nov 2026 · Company Update / Analyst / Investor Meet
Newspaper Publication regarding Unaudited Financial Results for the Q2 and H1 ended 30th September, 20262 Nov 2026 · Company Update / Newspaper Publication
Investors Presentation - Q2 H1 FY2731 Oct 2026 · Company Update / Investor Presentation
Press Release issued regarding the financial results for Q2 & HY1 FY 2026-2731 Oct 2026 · Company Update / Press Release / Media Release
The proposal to acquire a 51% controlling equity stake in Alom Solar Private Limited on acquisition of Alom Solar Private Limited becomes the subsidiary of the Company31 Oct 2026 · Company Update / Acquisition
We are enclosing letter31 Oct 2026 · Company Update / General
Unaudited Financial Results for Q2 & H1 Ended 30th September, 202631 Oct 2026 · Result / Financial Results
Outcome of Board Meeting31 Oct 2026 · Board Meeting / Outcome of Board Meeting
we are enclosing conference call intimation28 Oct 2026 · Company Update / Analyst / Investor Meet
Press Release issued dated 23rd October, 202623 Oct 2026 · Company Update / Press Release / Media Release
Shyam Metalics And Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/10/2026 ,inter alia, to consider and approve the unaudited standalone ....22 Oct 2026 · Board Meeting / Board Meeting
We are enclosing scheme of amalgamation of Shree Venkateshwara Electrocast Private Limited into and with Shaym Sel and Power Limited22 Oct 2026 · Company Update / Scheme of Arrangement
We are enclosing certificate under regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30.09.202614 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Press Release dated 13.10.202613 Oct 2026 · Company Update / Press Release / Media Release
Sales Release for September, 20266 Oct 2026 · Company Update / Monthly Business Updates
Press Release - Shyam Metalics signs MOU with Maharashtra Govt. to set up Rs. 50000 Crore Integrated Steel Complex in Chandrapur5 Oct 2026 · Company Update / Press Release / Media Release
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Execution of Memorandum of Understanding with Govt. of Maharashtra2 Oct 2026 · Company Update / Memorandum of Understanding /Agreements
Intimation of Trading Window Closure for the Financial Results of Quarter and Half Year ended 30th September, 202628 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Pursuant to the Vesting of Options on 27th September, 2026, 4 Eligible Employees has exercised their options under SMEL Loyalty ESOP Scheme (ESOP II - 2023).28 Sep 2026 · Company Update / General
Intimation of Vesting on completion of 3rd year of Grant under SMEL Employee Stock Incentive Plan- 202327 Sep 2026 · Company Update / General
As per the Vesting schedule, 23% of the Granted Options are now vested on completion of 3rd Year of Grant on 25th September, 2026 under SMEL Performance ESOP Scheme (ESOP - 2023)25 Sep 2026 · Company Update / General
Nomination & Remuneration Committee at its meeting held today on 24th September, 2026 approved the Exercise of Options by 1 Eligible Employee of the Company.24 Sep 2026 · Company Update / General
CRISIL ESG RATINGS AND ANALYTICS LIMITED PROVIDED ESG RATING OF "53"16 Sep 2026 · Company Update / General
Sales Release - August 20267 Sep 2026 · Company Update / Monthly Business Updates
Pursuant to the approval of the Nomination & Remuneration Committee at its Meeting held today on 5th September, 2026, 11000 Options were granted to 1 Eligible Employee under the existing ....5 Sep 2026 · Company Update / General
Pursuant to Regulation 30, ESG Rating of 48 was provided by ESG Risk Assessments and Insights Limited, a SEBI Registered ESG Rating Provider.3 Sep 2026 · Company Update / General
Stock Options granted to 5 Eligible Employees under ESIP-2023 has completed 1st Anniversary and now available for Exercise.31 Aug 2026 · Company Update / General
Scrutinisers Report and E-Voting Result as per Reg. 44 of SEBI (LODR) Regulations, 201527 Aug 2026 · AGM/EGM / AGM
We are enclosing proceeding of 24th AGM of the Company25 Aug 2026 · AGM/EGM / AGM
Corrigendum regarding the typographical error in the Notice of Annual General Meeting in regard to the Record date for Final Dividend of FY 2025-267 Aug 2026 · Company Update / General
Sales Release - July, 20266 Aug 2026 · Company Update / Monthly Business Updates
We are enclosing newspaper publication with respect to notice of 24th AGM and e-voting information4 Aug 2026 · Company Update / Newspaper Publication
Weblink Letter3 Aug 2026 · Company Update / General
Business Responsibility and Sustainability Reporting for FY 2025-263 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Annual Report FY 2025-263 Aug 2026 · Others / Reg. 34 (1) Annual Report
Notice of 24th Annual General Meeting of the Company scheduled to be held on Tuesday, 25th August, 2026 through VC/OAVM3 Aug 2026 · AGM/EGM / AGM
Newspaper Publication of Pre-Dispatch AGM Notice to the Shareholders31 Jul 2026 · Company Update / Newspaper Publication
Commissioning of Beneficiation Plant29 Jul 2026 · Company Update / General
Press Release issued dated 29th July, 202629 Jul 2026 · Company Update / Press Release / Media Release

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 2.7000	7 Aug 2026	7 Aug 2026	—
Interim Dividend - Rs. - 1.8000	24 Jul 2026	24 Jul 2026	—
Final Dividend - Rs. - 2.2500	19 Aug 2025	19 Aug 2025	—
Interim Dividend - Rs. - 1.8000	28 Jul 2025	28 Jul 2025	—
Interim Dividend - Rs. - 2.2500	7 Feb 2025	7 Feb 2025	—
Final Dividend - Rs. - 2.7000	30 Aug 2024	—	—

Board meetings

31 Oct 2026 Board Meeting - Financial Results
20 Jul 2026 Board Meeting - Financial Results