Shyam Metalics and Energy Ltd.
SHYAMMETLIndustrials filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
19 transcript(s)/analyst meet(s) served; 1 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (1 of 19 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| UNRESOLVED | 20210707 | 2021-03-31 | no | |
| TRANSCRIPT | 20211115 | 2021-09-30 | yes | |
| TRANSCRIPT | 20220322 | 2021-12-31 | yes | |
| TRANSCRIPT | 20220524 | 2022-03-31 | yes | |
| TRANSCRIPT | 20220809 | 2022-06-30 | yes | |
| TRANSCRIPT | 20221115 | 2022-09-30 | yes | |
| TRANSCRIPT | 20230221 | 2022-12-31 | yes | |
| TRANSCRIPT | 20230531 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230803 | 2023-06-30 | yes | |
| TRANSCRIPT | 20240207 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240805 | 2024-06-30 | yes | |
| TRANSCRIPT | 20241114 | 2024-09-30 | yes | |
| TRANSCRIPT | 20250203 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250513 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250728 | 2025-06-30 | yes | |
| TRANSCRIPT | 20251113 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260130 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260516 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260724 | 2026-06-30 | yes |
SHYAMMETL
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 1,097.90 |
| 52-week range | 761.45 – 1105.8 |
| Return 1M | 9.11% |
| Return 3M | 16.09% |
| Return 1Y | 19.49% |
| Return 3Y | 148.06% |
| Return 5Y | 193.13% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 5,455.00 |
| Other income | 47.00 |
| Total income | 5,502.00 |
| Cost of materials consumed | 4,214.00 |
| Purchases of stock-in-trade | 0.00 |
| Changes in inventories | -305.00 |
| Employee benefit expense | 136.00 |
| Finance costs | 78.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.75 | 0.00 |
| institutions foreign | 0.03 | -0.00 |
| institutions domestic | 0.14 | 0.05 |
| mutual funds | 0.02 | 0.00 |
| public | 0.25 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| TRANSCRIPT | 2026-06-30 | 18 |
| UNRESOLVED | 2021-03-31 | 1 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2021-09-30 | 2022-03-31 | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 2,494.00 | 2,857.00 | 3,085.00 | 2,922.00 | 3,380.00 | 3,307.00 | 2,941.00 | 3,315.00 | 3,612.00 | 3,634.00 | 3,753.00 | 4,419.00 | 4,457.00 | 4,421.00 | 5,240.00 | 5,455.00 |
| Other income | 21.00 | 15.00 | 22.00 | 38.00 | 31.00 | 33.00 | 38.00 | 40.00 | 51.00 | 75.00 | 51.00 | 54.00 | 69.00 | 52.00 | 29.00 | 47.00 |
| Total income | 2,515.00 | 2,872.00 | 3,107.00 | 2,959.00 | 3,411.00 | 3,340.00 | 2,979.00 | 3,355.00 | 3,662.00 | 3,709.00 | 3,803.00 | 4,472.00 | 4,526.00 | 4,473.00 | 5,270.00 | 5,502.00 |
| Cost of materials consumed | 1,535.00 | 1,795.00 | 2,314.00 | 2,080.00 | 2,525.00 | 2,416.00 | 2,160.00 | 2,505.00 | 2,778.00 | 2,591.00 | 3,045.00 | 3,290.00 | 3,290.00 | 3,251.00 | 3,849.00 | 4,214.00 |
| Purchases of stock-in-trade | 15.00 | 8.00 | 17.00 | 174.00 | 2.00 | 15.00 | 1.00 | 0.00 | 26.00 | 0.00 | 0.00 | 3.00 | 53.00 | 57.00 | 33.00 | 0.00 |
| Changes in inventories | -16.00 | -25.00 | -46.00 | -110.00 | -100.00 | -39.00 | -64.00 | -117.00 | -231.00 | 64.00 | -329.00 | -105.00 | -75.00 | -66.00 | -228.00 | -305.00 |
| Employee benefit expense | 60.00 | 65.00 | 83.00 | 86.00 | 98.00 | 99.00 | 98.00 | 103.00 | 108.00 | 107.00 | 110.00 | 123.00 | 124.00 | 126.00 | 134.00 | 136.00 |
| Finance costs | 5.00 | 6.00 | 15.00 | 33.00 | 39.00 | 37.00 | 35.00 | 40.00 | 29.00 | 30.00 | 41.00 | 40.00 | 50.00 | 51.00 | 51.00 | 78.00 |
| Depreciation and amortisation | 61.00 | 91.00 | 110.00 | 132.00 | 126.00 | 119.00 | 177.00 | 182.00 | 136.00 | 144.00 | 203.00 | 205.00 | 211.00 | 218.00 | 249.00 | 265.00 |
| Other expenses | 277.00 | 350.00 | 473.00 | 469.00 | 442.00 | 411.00 | 439.00 | 417.00 | 443.00 | 466.00 | 470.00 | 527.00 | 526.00 | 566.00 | 725.00 | 645.00 |
| Total expenses | 1,935.00 | 2,291.00 | 2,967.00 | 2,864.00 | 3,131.00 | 3,058.00 | 2,846.00 | 3,130.00 | 3,288.00 | 3,402.00 | 3,540.00 | 4,084.00 | 4,179.00 | 4,203.00 | 4,813.00 | 5,033.00 |
| Profit before exceptional items and tax | 580.00 | 581.00 | 140.00 | 95.00 | 280.00 | 282.00 | 133.00 | 226.00 | 374.00 | 307.00 | 263.00 | 389.00 | 347.00 | 270.00 | 456.00 | 469.00 |
| Exceptional items | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 580.00 | 581.00 | 140.00 | 95.00 | 280.00 | 282.00 | 133.00 | 226.00 | 374.00 | 307.00 | 263.00 | 389.00 | 347.00 | 270.00 | 456.00 | 469.00 |
| Current tax | 146.00 | 77.00 | 42.00 | 24.00 | 30.00 | 52.00 | -204.00 | 21.00 | 73.00 | 64.00 | 40.00 | 101.00 | 94.00 | 66.00 | 147.00 | 133.00 |
| Deferred tax | 24.00 | 71.00 | -13.00 | 6.00 | -9.00 | -5.00 | -144.00 | 79.00 | 25.00 | 27.00 | 26.00 | -3.00 | -7.00 | 7.00 | -2.00 | -15.00 |
| Tax expense | 169.00 | 148.00 | 29.00 | 30.00 | 21.00 | 47.00 | -349.00 | 100.00 | 98.00 | 91.00 | 66.00 | 98.00 | 87.00 | 73.00 | 145.00 | 118.00 |
| Profit for the period | 410.00 | 433.00 | 111.00 | 65.00 | 259.00 | 235.00 | 482.00 | 126.00 | 276.00 | 216.00 | 197.00 | 291.00 | 260.00 | 198.00 | 312.00 | 351.00 |
| Profit attributable to owners | — | — | — | 67.00 | 261.00 | 237.00 | 484.00 | 127.00 | 276.00 | 216.00 | 198.00 | 292.00 | -1.00 | 197.00 | 319.00 | 345.00 |
| Profit attributable to non-controlling interests | — | — | — | -2.00 | -2.00 | -2.00 | -2.00 | -2.00 | -0.00 | 0.00 | -0.00 | -1.00 | 262.00 | 0.00 | -8.00 | 6.00 |
| Other comprehensive income | 14.00 | 4.00 | -24.00 | 12.00 | -4.00 | 12.00 | 33.00 | 43.00 | 34.00 | 93.00 | -17.00 | 40.00 | -23.00 | 10.00 | -26.00 | 106.00 |
| Total comprehensive income | 424.00 | 437.00 | 86.00 | 76.00 | 254.00 | 247.00 | 515.00 | 169.00 | 310.00 | 309.00 | 180.00 | 331.00 | 238.00 | 208.00 | 285.00 | 457.00 |
| Earnings per share, basic | 16.08 | 17.00 | 4.35 | 2.54 | 10.15 | 9.22 | 18.89 | 4.93 | 9.93 | 7.76 | 7.10 | 10.45 | 9.36 | 7.10 | 11.20 | 12.60 |
| Earnings per share, diluted | 16.08 | 17.00 | 4.35 | 2.54 | 10.15 | 9.22 | 18.89 | 4.93 | 9.89 | 7.73 | 7.07 | 10.41 | 9.33 | 7.07 | 11.16 | 12.56 |
Annual results, as filed
| Line | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|
| Revenue from operations | 6,297.00 | 10,394.00 | 12,610.00 | 15,138.00 | 18,552.00 |
| Other income | 24.00 | 60.00 | 112.00 | 231.00 | 204.00 |
| Total income | 6,321.00 | 10,454.00 | 12,722.00 | 15,368.00 | 18,756.00 |
| Cost of materials consumed | 3,717.00 | 6,461.00 | 8,916.00 | 11,337.00 | 13,680.00 |
| Purchases of stock-in-trade | 68.00 | 33.00 | 293.00 | 6.00 | 146.00 |
| Changes in inventories | 49.00 | -181.00 | -243.00 | -401.00 | -474.00 |
| Employee benefit expense | 188.00 | 247.00 | 345.00 | 434.00 | 507.00 |
| Finance costs | 62.00 | 23.00 | 93.00 | 144.00 | 192.00 |
| Depreciation and amortisation | 300.00 | 272.00 | 463.00 | 711.00 | 882.00 |
| Other expenses | 882.00 | 1,235.00 | 1,813.00 | 1,896.00 | 2,360.00 |
| Total expenses | 5,266.00 | 8,090.00 | 11,680.00 | 14,127.00 | 17,294.00 |
| Profit before exceptional items and tax | 1,055.00 | 2,364.00 | 1,042.00 | 1,241.00 | 1,462.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1,055.00 | 2,364.00 | 1,042.00 | 1,241.00 | 1,462.00 |
| Current tax | 267.00 | 539.00 | 235.00 | 237.00 | 408.00 |
| Deferred tax | -55.00 | 101.00 | -41.00 | 94.00 | -6.00 |
| Tax expense | 211.00 | 640.00 | 193.00 | 332.00 | 402.00 |
| Profit for the period | 844.00 | 1,724.00 | 848.00 | 909.00 | 1,060.00 |
| Profit attributable to owners | 843.00 | — | 858.00 | 908.00 | 1,070.00 |
| Profit attributable to non-controlling interests | 0.00 | — | -9.00 | 1.00 | -10.00 |
| Other comprehensive income | 5.00 | 44.00 | 15.00 | 131.00 | 1.00 |
| Total comprehensive income | 849.00 | 1,768.00 | 864.00 | 1,040.00 | 1,062.00 |
| Earnings per share, basic | 36.10 | 68.91 | 33.26 | 32.70 | 38.10 |
| Earnings per share, diluted | 36.10 | 68.91 | 33.26 | 32.57 | 37.97 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Total assets | 10,212.00 | 11,189.00 | 13,572.00 | 15,983.00 | 16,316.00 | 17,912.00 | 20,061.00 |
| Non-current assets | 5,828.00 | 6,887.00 | 8,910.00 | 10,292.00 | 10,786.00 | 11,625.00 | 12,805.00 |
| Current assets | 4,384.00 | 4,301.00 | 4,661.00 | 5,691.00 | 5,530.00 | 6,287.00 | 7,256.00 |
| Property, plant and equipment | 2,572.00 | 2,868.00 | 3,869.00 | 4,012.00 | 6,268.00 | 6,080.00 | 8,075.00 |
| Capital work-in-progress | 2,471.00 | 2,769.00 | 3,024.00 | 4,364.00 | 2,708.00 | 3,780.00 | 2,792.00 |
| Goodwill | 0.00 | 76.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other intangible assets | 36.00 | 2.00 | 48.00 | 96.00 | 89.00 | 74.00 | 59.00 |
| Inventories | 1,812.00 | 2,205.00 | 2,354.00 | 2,679.00 | 2,985.00 | 3,286.00 | 4,501.00 |
| Trade receivables | 396.00 | 604.00 | 570.00 | 723.00 | 793.00 | 942.00 | 905.00 |
| Cash and cash equivalents | 10.00 | 75.00 | 31.00 | 13.00 | 63.00 | 51.00 | 97.00 |
| Total equity and liabilities | 10,212.00 | 11,189.00 | 13,572.00 | 15,983.00 | 16,316.00 | 17,912.00 | 20,061.00 |
| Equity | 7,217.00 | 7,548.00 | 8,536.00 | 10,911.00 | 11,278.00 | 11,855.00 | 12,357.00 |
| Equity share capital | 255.00 | 255.00 | 255.00 | 278.00 | 278.00 | 278.00 | 278.00 |
| Other equity | 6,571.00 | 6,907.00 | 7,899.00 | 9,919.00 | 10,275.00 | 10,735.00 | 11,245.00 |
| Total liabilities | 2,996.00 | 3,641.00 | 5,036.00 | 5,071.00 | 5,038.00 | 6,057.00 | 7,704.00 |
| Non-current liabilities | 414.00 | 664.00 | 486.00 | 430.00 | 433.00 | 432.00 | 424.00 |
| Current liabilities | 2,581.00 | 2,977.00 | 4,550.00 | 4,641.00 | 4,604.00 | 5,625.00 | 7,280.00 |
| Borrowings, non-current | 125.00 | 332.00 | 375.00 | 219.00 | 155.00 | 126.00 | 97.00 |
| Borrowings, current | 716.00 | 820.00 | 1,605.00 | 857.00 | 624.00 | 967.00 | 884.00 |
| Trade payables | 1,187.00 | 1,525.00 | 1,692.00 | 2,759.00 | 2,917.00 | 3,332.00 | 4,865.00 |
Cash flow, as filed
| Line | 2022-03-31 | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 1,690.00 | 1,160.00 | 1,507.00 | 61.00 | 657.00 | 1,964.00 | 598.00 | 2,024.00 |
| Net cash from investing activities | -1,927.00 | -1,805.00 | -1,955.00 | -839.00 | -1,080.00 | -1,904.00 | -835.00 | -1,939.00 |
| Net cash from financing activities | 165.00 | 563.00 | 431.00 | 718.00 | 397.00 | -36.00 | 225.00 | -50.00 |
| Purchase of property, plant and equipment | 1,071.00 | 2,131.00 | 1,579.00 | 890.00 | 1,094.00 | 2,148.00 | 1,071.00 | 2,637.00 |
| Net increase in cash | -72.00 | -82.00 | -17.00 | -59.00 | -26.00 | 24.00 | -12.00 | 34.00 |
| con:CFO.BEFORE_TAX | 2,264.00 | 1,308.00 | 1,742.00 | 164.00 | 681.00 | 1,873.00 | 828.00 | 2,355.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 125.00 | -55.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.00 | -0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 575.00 | 148.00 | 235.00 | 103.00 | 25.00 | 33.00 | 174.00 | 331.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | -558.00 | 379.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-01-05 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 88.35 | 88.35 | 81.62 | 81.62 | 74.59 | 74.59 | 74.59 | 74.59 | 74.59 | 74.59 | 0.75 | 0.75 | 0.75 | 0.75 |
| Domestic institutions | 3.14 | 3.16 | 4.34 | 3.72 | 10.29 | 4.54 | 5.39 | 6.19 | 6.74 | 7.68 | 0.09 | 0.09 | 0.09 | 0.14 |
| Mutual funds | — | — | — | — | — | — | — | — | — | — | 0.01 | 0.01 | 0.02 | 0.02 |
| Insurance companies | 0.38 | 0.38 | 1.61 | 1.60 | 1.30 | 1.99 | 2.53 | 4.29 | 5.05 | 6.08 | 0.07 | 0.07 | 0.07 | 0.06 |
| Foreign institutions | 0.65 | 0.65 | 1.83 | 1.98 | 3.21 | 2.35 | 2.25 | 3.48 | 3.84 | 3.75 | 0.04 | 0.03 | 0.03 | 0.03 |
| Public | 11.65 | 11.65 | 17.95 | 17.95 | 25.02 | 25.02 | 25.02 | 25.02 | 25.02 | 25.09 | 0.25 | 0.25 | 0.25 | 0.25 |
| Non-institutional | 7.86 | 7.83 | 11.78 | 12.26 | 11.53 | 18.13 | 17.38 | 15.35 | 14.44 | 13.66 | 0.13 | 0.13 | 0.13 | 0.08 |
| Shares outstanding | 255080688 | 255080688 | 255080688 | 255080688 | 279131853 | 279131853 | 279131853 | 279131853 | 279131853 | 279131853 | 279131853 | 279131853 | 279131853 | 279131853 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| SHYAM METALICS AND ENERGY LIMITED | HOLDING | Advance, Any other transaction, Interest paid, Loan, | 31,630,200,000.00 | 7 |
| SHYAM SEL AND POWER LIMITED | SUBSIDIARY | Advance, Any other transaction, Interest received, L | 5,617,800,000.00 | 8 |
| SHYAM METALICS FLAT PRODUCT PRIVATE LIMITED | SUBSIDIARY | Advance, Any other transaction, Sale of goods or ser | 1,660,000,000.00 | 4 |
| RAMSARUP INDUSTRIES LIMITED | SUBSIDIARY | Advance, Any other transaction, Interest received, L | 489,200,000.00 | 11 |
| NARANTAK DEALCOMM LIMITED | PROMOTER | Advance, Any other transaction, Dividend paid | 303,200,000.00 | 5 |
| SUBHAM BUILDWELL PVT LTD | PROMOTER | Dividend paid | 164,800,000.00 | 1 |
| SHREE VENKATESHWARA ELECTROCAST PRIVATE LIMITED | SUBSIDIARY | Advance, Interest received, Loan, Sale of goods or s | 113,200,000.00 | 7 |
| Subham Capital Private Limited | Promoter | Dividend paid | 110,100,000.00 | 1 |
| SHYAM FERRO ALLOYS LIMITED | ENTERPRISE OVER WHICH KMP HAVE SIG | Advance, Purchase of goods or services, Sale of good | 97,900,000.00 | 5 |
| SHYAM METALICS FOUNDATION | KMP having significant influence | Advance, Any other transaction | 87,100,000.00 | 4 |
| BRIJ BHUSHAN AGARWAL | DIRECTOR | Dividend paid, Remuneration | 86,900,000.00 | 3 |
| Kalpataru Housefin & Trading Private Limited | PROMOTER | Dividend paid | 57,800,000.00 | 1 |
| DORITE TRACON PRIVATE LIMITED | Promoter | Advance, Dividend paid | 38,600,000.00 | 2 |
| SMEL SPECIALTY ALLOYS PRIVATE LIMITED | ENTERPRISE OVER WHICH KMP HAVE SIG | Advance, Purchase of goods or services | 26,900,000.00 | 2 |
| DEEPAK AGARWAL | DIRECTOR | Dividend paid, Loan, Remuneration | 17,800,000.00 | 4 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-07-24 | Q1FY27 | ENERGY LIMITED | Read the call |
| 2026-05-16 | Q4FY26 | ENERGY LIMITED, RELATIONS | Read the call |
| 2026-01-30 | Q3FY26 | LIMITED | Read the call |
| 2025-11-13 | Q2FY26 | ENERGY LIMITED, PRIVATE LIMITED | Read the call |
| 2025-07-28 | Q1FY26 | HEAD, PANKAJ | Read the call |
| 2025-05-13 | Q4FY25 | METALICS AND ENERGY LIMITED | Read the call |
| 2025-02-03 | Q3FY25 | ENERGY LIMITED | Read the call |
| 2024-11-14 | Q2FY25 | ENERGY LIMITED. | Read the call |
| 2024-08-05 | Q1FY25 | ENERGY LIMITED | Read the call |
| 2024-02-07 | Q3FY24 | ENERGY LIMITED | Read the call |
| 2023-08-03 | Q1FY24 | Read the call | |
| 2023-05-31 | Q4FY23 | LIMITED | Read the call |
| 2023-02-21 | Q3FY23 | orient capital, snore | Read the call |
| 2022-11-15 | Q2FY23 | (FINANCE), AND MANAGING DIRECTOR, RELATIONS) | Read the call |
| 2022-08-09 | Q1FY23 | LIMITED | Read the call |
| 2022-05-24 | Q4FY22 | Read the call | |
| 2022-03-22 | Q3FY22 | ENERGY LIMITED | Read the call |
| 2021-11-15 | Q2FY22 | Read the call |
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
| Topic | Q3FY23 | Q3FY24 | Q3FY25 | Q3FY26 | Q4FY22 | Q4FY23 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capex | We have incurred a capex of INR 2,497 crores till December ’22, which accounts 63% of the total capex emphasize out of INR 3,950 crores and INR 1,574 … | Like in aluminium, in our new capex, we are planning for a recycling green aluminium foil plant where we will be making our own, foil stock, and which… | So while it is very heartening to see the capex being executed well within time lines, and we have seen that capacities have come every quarter. | The proposed capex will be funded primarily through the internal accruals and borrowing if required. | From the cash flow statement you can make out for the financial year 2021-2022 we incurred a capital expenditure of Rs.1053 Crores as against 361 Cror… | A lot of homework we have to do once we go into a detailed exploration, risk analysis, and total business plan so we are not in a hurry and it is not … | The CAPEX plan that was outlined, I mean, 66% we have already achieved. | I just wanted to get an idea on the capex for this year and next one, if you can? |
| Capital allocation | As far as acquisition of Ramsarup is concerned, we have already spent INR 228 crores in the financial year ’22-’23 and we’ll spend another INR 32 cror… | We have taken an acquisition of Ram Sarup Industries. | See, DI pipe is a downstream facility of our Ramsarup acquisition. | And apart from this, we have enough land and some more land are under acquisition. | I am also glad to share the company has achieved another milestone recently with the acquisition of Ramsarup Industries Limited. | Number two it does not have a challenge of a land acquisition because the complete land is under the forest and with the government policy of converti… | So are you fairly confident that we will be reaching the 20% ROCE for our Company because we hardly see much dividend payout in this Company? | We started with a small acquisition in the stainless steel. |
| Costs | And what we are planning to do is we’re trying to convert our raw material of the stainless steel, which is our existing product into the finished ste… | And then we have our captive power so that we process all the raw material within our integrated plant and do a finishing line in Indore. | So in the time to come also, if you see, our major expansion is coming in the stainless steel market, in the stainless steel business, where we have f… | So if you see in the wagon industry, the major fabrication raw material is the backward and forward integration to our existing proposed plan. | Our company is blessed to have a very strong balance sheet which allow us to take a better view and call during these time of disruption in the raw ma… | If there is a correction the finished price, the raw material price it affects JSW, it affects Tata Steel, and also it affects us also. | — | And there will be a partial growth in our final product like structured TMT with the upgradation and some more feeding of raw material into the steel … |
| Debt and cash | You indicated in your prepared remarks that some amount of money went in working capital accretion, primarily because of opportunistic iron ore invent… | The second question is essentially now that QIP is over and do we see net debt peaking out in December? | — | Further, I'm happy to announce that in the last quarter of FY '26, the 90 megawatt of captive power plant and 0.15 million tons of color-coated plant … | In the financial year 2021 for the entire year we declared a dividend of per share of Rs.4.55 and for the current financial year that is 2021-2022 we … | Yes we are, as far as acquisition cost is concerned we will be incurring around Rs.351 Crores that will be through our internal accrual and if the wor… | So just wanted to understand that whether this is the normal inventory that we should work with around 100 days or there is a chance for working capit… | I think we should see as a pass-through, maybe because of a little bit more advantage we get because the working capital involvement and the kind of i… |
| Demand | Further in the pipeline, additions of the oxygen plant of 150 TPD and Coke Oven plant of 2,50,000 ton capacity slated to be operational by September 2… | Number two, we will find a lot of advantage on the different product make, the wastages, like once you are able to control your raw material, you can … | And how is the demand shaping up for this product? | Global demand remains subdued due to the ongoing geopolitical uncertainties and fluctuation in key raw material prices. | Before I conclude I want to assure you that we are from the management expect a strong demand to continue due to the current up cycle in the steel ind… | — | It is totally cumulative only because market was also end of 4th Quarter always we see the markets are always on the better side the demand was also v… | India is growing, and there's a good demand. |
| Guidance | Khaitan to join our Board as an Independent Director and look forward to draw from his immense knowledge and his guidance in the pursuit of making our… | And we expect that in the time to come, there will be a lot of innovation, value addition in Mittal Corp. And what was your number two question? | See, this coming year, since the blast furnace is being commissioned and it is getting stabilized, we expect that the commissioning of our oxygen plan… | We expect additional benefit to reflect in our performance in the coming quarter as well. | We expect with the reasonably strong demand recovery on the back of the recent policy announcement made by the government towards the railways, roads,… | Two questions I have the first one is essentially on the number of aspects that we are working on including Mittal Corp integration and the ramp up of… | And this year, we expect that we should be able to do a revenue of close to Rs. | See, first of all, as in volume growth, we are expecting 0.5 million tonne of iron making facility from the DRI side is going to be commissioned this … |
| Margin | As a result, our EBITDA for the Q3 of the current financial year on a consolidated basis at INR 222 crores, decline of 65% over the last year of Q3. J… | So second question is, I mean, once the current round of capex is over and we have value- added segments in the non-steel space like aluminium and sta… | The first one is essentially, if I look at the EBITDA per ton, which is outlined in Slide number 24, so compared to your peers who have shown a declin… | Over the first 9 months of the year, Shyam Metalics delivered solid growth in both terms of revenue, EBITDA, highlighting the strength of our business… | The integrated nature of the production facility results in the better control of our operations as well as enable us to improve operating margin allo… | This business generally enjoys an EBITDA of around 20% to 25% the product size so this is going to add a very good value and also the beauty of this p… | If we take today's prices in context, then what kind of revenue, EBITDA, we can look at the Company level in FY'27? | Once we make our own foil stock, we'll see the margin also increasing. |
| People | I would like to assume that the bank limit utilization at a consolidated level is expected to remain moderate even going forward. | And sir, how much is the utilization level for FY25 or FY26 also? | So how much time will these take to achieve breakeven, at what capacity utilization these new capacities will take to achieve breakeven? | — | I would like to assure you that the bank’s limit utilization at the consolidate level is expected to remain moderate going forward too. | — | And last month we achieved almost 90% capacity utilization. | — |
| Pricing | So we are very positive that lag between the time to come, there will be a very, very sustainable and the pricing will be on the better side. | Same way we are increasing any prices high, we have taken price hike in near future, sorry, in January? | And in the time to come, yes, coal is one of the area where we see, with the kind of action happening from the Coal India front and the kind of pricin… | These developments have led to higher diversification of steel into alternative markets, creating some pricing pressures across regions, increasing vo… | — | It will not be wise for us to state that we will be able to generate 24 or 25 but we have to follow the market trend and the market scenario on the pr… | Though we will give our best shot and let us keep this in the trade, in the business like how the Shyam Metalics and Energy Limited May 09, 2025 marke… | — |
| Revenue growth | On a consolidated basis, the company for the Q3 of the financial year 2023 reported a revenue of INR 2,921 crores, a growth of 13% over the last year … | And in the time to come, with the growth of the GDP, you know, what we are targeting, if we talk very conservatively also, it is around 8% to 9% conse… | And therefore, that has provided a cushion against -- a cushion for the revenue growth. | During the quarter, our volume growth on year-on-year is 25% higher and revenue growth is almost 18%. | We do expect that the aluminium business itself shall have a significant contributor to the journey of the growth of the company. | — | The revenue growth will be also there in this Q1 and I am pretty optimistic like everything is looking very positive. | So last year, volume growth was quite splendid, particularly of value- Shyam Metalics and Energy Limited May 12, 2026 added products driven by CR coil… |