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Shyam Metalics & Energy Ltd. ( (IN:SHYAMMETL) ) just unveiled an update.
Shyam Metalics and Energy Limited reported strong operational momentum in the third quarter of FY26, with consolidated volumes up 25% year-on-year and revenue rising 17.7% to Rs 4,421 crore, while operating EBITDA grew 6.9% to Rs 487 crore despite some margin compression and largely flat profit after tax at Rs 198 crore. For the nine months to December 2025, revenue climbed 20.9% to Rs 13,312 crore and operating EBITDA increased 18.9% to Rs 1,606 crore, underlining sustained growth across its metals portfolio; alongside these results, the board approved a substantial fresh capex outlay of Rs 6,660 crore, signaling an aggressive capacity expansion and modernization drive that could strengthen SMEL’s long-term competitiveness and scale in both carbon and specialty metals, even as near-term realizations for several product categories remain under pressure.
More about Shyam Metalics & Energy Ltd.
Shyam Metalics and Energy Limited (SMEL), headquartered in Kolkata, is a leading Indian multi-metal conglomerate with operations spanning carbon steel, stainless steel, specialty alloys and aluminium foil, supported by captive power generation. Its product portfolio includes power, ferro alloys, pellets, pig iron, billets, sponge iron, wire rod, TMT and structurals, roofing products, stainless steel and ductile iron pipes, positioning the company as an integrated player in the metals and materials value chain.
Average Trading Volume: 7,370
Technical Sentiment Signal: Hold
Current Market Cap: 224.3B INR
For an in-depth examination of SHYAMMETL stock, go to TipRanks’ Overview page.