| Management target | Revenue 25.0% FY31 |
|---|
| Revenue growth | ₹5,960 Cr, 33.4% YoY growth driven by volume expansion. |
|---|---|
| Margins | Operating EBITDA margin expanded 170 bps YoY to 13.8%. |
| Demand visibility | Strong domestic demand visibility supported by infrastructure and manufacturing growth. |
| Management confidence | Highly optimistic, emphasizing long-term Vision 2031 strategy and downstream integration. |
Growth
Revenue rose 33.4% YoY to ₹5,960 Cr, driven by a 26% increase in sales volumes.
Outlook
Targets ₹1,100 Cr EBITDA from stainless steel and ₹1,000 Cr from specialty bars by FY31.
Risks
High exposure to cyclical metal prices and execution risks on massive ₹18,785 Cr long-term capex plan.
Last quarter's promises, checked
Delivered
- FY27 growth >20% (analyst: 25% volume) → Q2 volume +26% (= BEAT)
- FY27 EBITDA growth >20-25% → Q2 EBITDA +40.9% (= BEAT)
Partly delivered
- Flat volumes 'more than double' FY27 → Q2 doubled, one quarter (= PARTIAL)
- ₹9,580 Cr capex over 3-4 yrs → ₹716 Cr spent, ₹8,864 Cr left over 2-3 yrs (= PARTIAL)
- Aluminium flat roll Q2 commissioning → only foil facility reported (= PARTIAL)
Missed
- Long-term EBITDA margin 14-15% → Q2 operating 13.8% (= MISS)
Earnings Call Transcript filed with NSE, NSE: SHYAMMETL. Summary written with AI assistance from the document.
Shyam Metalics and Energy Ltd: key numbers
- Share price
- ₹1,219.50
- Market cap
- ₹34,040 Cr
- Revenue (annual)
- ₹18,552 Cr
- Net profit (annual)
- ₹1,070 Cr
- P/E (TTM)
- 24.8×Sector 16.7×
- Promoter holding
- 74.59%+0.00% QoQ
- FII holding
- 5.29%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Shyam Metalics and Energy Ltd
All →Shyam Metalics and Energy Investor Presentation: Key Takeaways
Q2/H1 FY27 deck lacks quarterly P&L. H1 FY27 sales: intermediates 19.1 lakh t, finished steel 8.4 lakh t, 77% carbon steel mix. FY31 target: ₹42,647 Cr revenue.
- Call
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Shyam Metalics and Energy Acquisition
Shyam Metalics board approved acquiring 51% control of Alom Solar Private Limited for cash, in a related-party transaction at arm's length. The deal aims to secure long-term coal supply for captive power and steel operations.
- Execution
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Shyam Metalics and Energy Results Update
Shyam Metalics reported Q2 FY27 revenue of ₹5,960 Cr, up 33.4% YoY, and PAT of ₹511 Cr, up 96.2%. The release also covers a 51% stake acquisition in Alom Solar for the Phutamura coal block.
Shyam Metalics and Energy Q2 FY27 Results: Net Profit ₹511 Cr, Up 96.2% YoY
Shyam Metalics and Energy Ltd reported revenue from operations of ₹5,960 Cr (+33.4% YoY) and net profit of ₹511 Cr (+96.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹511 Cr · +96.2% YoY
Shyam Metalics and Energy Board Meeting Date
Shyam Metalics and Energy Ltd notified BSE/NSE that its Board will meet on 31 Oct 2026 to approve Q2/H1 FY27 results. The trading window closed from 1 Oct 2026 until 48 hours post-results.
Shyam Metalics and Energy Acquisition
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