Overview
Shyam Metalics and Energy Limited reported strong financial performance for FY 2025-26 alongside comprehensive ESG disclosures and significant expansion plans.
Financial Performance
Shyam Metalics delivered robust growth with consolidated revenue increasing 22% to ₹18,552 crore and EBITDA growing 25% to ₹2,333 crore. Net profit reached ₹1,060 crore, representing 17% growth year-over-year. Standalone performance showed net profit of ₹552.85 crore (12.9% growth) with basic EPS at ₹19.87. The company maintained healthy financial ratios with return on equity at 8.90% and debt-equity ratio of 0.04x.
Expansion and Capital Expenditure
The company announced an ambitious ₹10,155 crore expansion plan fully funded through internal accruals, targeting 2.3x revenue growth to ₹42,500 crore by FY31. This includes ₹6,660 crore for the next phase and additional ₹2,700 crore for SBQ Mill and stainless steel expansion. The expansion aims to increase value-added products contribution to 88% of portfolio from 56% in FY26.
Dividend and Corporate Actions
The Board recommended a final dividend of ₹2.70 per share, following an interim dividend of ₹1.80 per share declared earlier, resulting in total dividend of ₹4.50 per share for FY26. The company issued a corrigendum to correct the AGM record date from August 18 to August 7, 2026, with the revised notice available online.
ESG and Sustainability Reporting
Shyam Metalics published its comprehensive Business Responsibility and Sustainability Report (BRSR) disclosing detailed environmental metrics including total energy consumption of 45.16 crore GJ, water withdrawal of 55.68 lakh KL, and GHG emissions of 7.89 crore metric tonnes CO2 equivalent. The company implemented zero liquid discharge across all manufacturing units and maintained 105 MW renewable energy capacity.
Governance Structure
The company maintained strong governance with an 11-member Board including 6 independent directors and multiple committees overseeing CSR, risk management, and stakeholder relations. The board held 4 meetings during FY26 with robust whistleblower mechanisms and zero POSH complaints. CRISIL upgraded the company's long-term rating from AA (Positive) to AA+ (Stable).
Operational Performance
Production capacity utilization remained strong across segments: iron pellet (73%), sponge iron (85%), billets (91%), and long products (82%). Sales were diversified with carbon steel contributing 39.44% of revenue, pig iron 12.08%, and exports accounting for 10.63% of turnover.
Employee and Social Initiatives
The company employed 20,300 people with median remuneration of ₹4.69 lakh for employees. CSR expenditure totaled ₹21.62 crore benefiting 253,880 lives, primarily in healthcare, skill development, and environmental sustainability initiatives across West Bengal and Odisha.
AGM Details
The 24th Annual General Meeting is scheduled for August 25, 2026, with remote e-voting available from August 21-24, 2026. Key agenda items include adoption of financial statements, dividend declaration, and approval for raising funds up to ₹4,500 crore.