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Earnings Call

Shyam Metalics and Energy Earnings Call: Key Takeaways

Shyam Metalics reported Q1 FY27 results, highlighting a shift towards higher-value-added products. The company maintains an AA+ credit rating with a combined production capacity of 16.93 MTPA and plans significant expansion to 27 MTPA by FY31.

Guidance and delivery
Management target Revenue 18.0% FY31
Highlights
MarginsTargeting 15% EBITDA margin; shifting to value-added portfolio.
Demand visibilityFocus on high-growth stainless steel and aluminium sectors.

Growth

Aims for ~Rs. 42,500+ Cr revenue (2.3x) and ~Rs. 6,200+ Cr EBITDA (2.7x) by FY31.

Outlook

Planned capex of ~Rs. 9,500 Cr over 4-5 years funded via internal accruals to reach 27 MTPA.

Risks

Exposure to cyclical industry risks and international market performance; import risks from countries like China.

Last quarter's promises, checked

Delivered

  • Guided 30% revenue growth → delivered 22% (FY26) (= MISS)
  • Guided 0.5 MT sponge iron commissioning → delivered 0.5 MT (= BEAT)
  • Guided Rs. 1,800-2,000 Cr EBITDA → delivered Rs. 2,537 Cr (= BEAT)

Partly delivered

  • Guided debt-free status → delivered zero net debt but increased payable days to 130 (= PARTIAL)

Missed

  • Guided 30% profit growth → delivered 17% (FY26) (= MISS)
Source

Earnings Call filed with BSE, NSE: SHYAMMETL. Summary written with AI assistance from the document.

Read the document ↗

Shyam Metalics and Energy Ltd: key numbers

Share price
₹1,085.60
Market cap
₹30,303 Cr
Revenue (annual)
₹18,552 Cr
Net profit (annual)
₹1,070 Cr
P/E (TTM)
27.0×Sector 19.0×
Promoter holding
74.59%+0.00% QoQ
FII holding
2.97%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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