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Shyam Metalics and Energy Ltd

NSE: SHYAMMETL · BSE: 543299 · Metals & Mining · 50 announcements

Shyam Metalics and Energy Ltd news stories on ALFA NewsRead the news →
Share price
₹1,067.30
Market cap
₹29,792 Cr
Revenue (annual)
₹18,552 Cr
Net profit (annual)
₹1,070 Cr
P/E (TTM)
26.5×Sector 18.2×
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.

08:54 IST BSE
Capacity Expansion

Shyam Metalics and Energy Capacity Expansion: ₹2,700 Cr Investment

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.

Value
₹2,700 Cr
Execution
By 2029
11:10 IST BSE
Capacity Expansion

Shyam Metalics and Energy Capacity Expansion

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.

Execution
Medium term