Shyam Metalics and Energy Ltd

Shyam Metalics and Energy Production Started

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 Q3 FY26 Results: Net Profit ₹198 Cr, Up 0.5% YoY

Shyam Metalics and Energy Ltd reported net profit of ₹198 Cr (+0.5% YoY) for Q3 FY26.

Key figure

Net profit ₹198 Cr · +0.5% YoY

Shyam Metalics and Energy Price Movement Clarification

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.

Execution

3 months

Shyam Metalics and Energy Other Announcement

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.

Shyam Metalics and Energy Business Update

Shyam Metalics reported strong growth in March 2026, with Stainless Steel volumes up 58.91% YoY and Pig Iron volumes surging 245.37% YoY. Full-year FY26 performance showed volume growth across most segments, particularly in CR Sheets and Pig Iron. The company maintains a CRISIL AA+ (Stable) rating and remains one of India's least leveraged steel producers.

Shyam Metalics and Energy Other Announcement

Shyam Metalics and Energy Limited submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the period ended March 31, 2026. The certificate, issued by Kfin Technologies Limited, confirms the processing of dematerialization and rematerialization requests during the quarter.