Shyam Century Ferrous Ltd. (SHYAMCENT) AI Stock Analysis

• Market Cap: ₹954.78M
• Dividend Yield: N/A
• Average Volume (3M): 33.24K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.77
• Revenue Growth: -41.73%
• EPS Growth: -37.19%
• Country: IN
• Employees: 125
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): -0.29
• Shares Outstanding: 212,172,990
• 10 Day Avg. Volume: 19,167
• 30 Day Avg. Volume: 33,236
• PEG Ratio: 0.01
• Price to Book (P/B): 0.90
• Price to Sales (P/S): 1.32
• P/FCF Ratio: -15.19
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: ₹4.50 ▼(-26.59% Downside)
• Action: Reiterated Date: 03/10/26
• Date: Action: Reiterated 03/10/26

The score is primarily pressured by weak financial performance (declining revenue, negative profitability, and negative operating/free cash flow). Technicals add further downside risk with price below all key moving averages and negative MACD, while valuation is constrained by losses (negative P/E) and no provided dividend yield support.

Positive Factors

Low financial leverage

A relatively strong balance sheet with low debt gives the company durable financial flexibility. Over months this reduces refinancing pressure during steel cycle troughs, supports supplier and creditor relationships, and provides capacity to fund restructuring or working capital while revenues recover.

Focused steel intermediate-product business

A focused business making intermediate ferrous products positions the company as an essential supplier to downstream processors. Durable B2B demand from industrial and processing customers can support baseline volumes and enable recovery when end-market capital expenditure normalizes.

Lower market volatility (beta)

A sub-1.0 beta implies lower sensitivity to broad market swings, which can be a persistent risk mitigation attribute. Over the medium term this can reduce the likelihood of volatile refinancing conditions and provide relatively steadier access to capital compared with higher-volatility peers.

Negative Factors

Steep revenue decline

A material and persistent revenue decline reduces scale, undermines unit economics and leverage of fixed costs. Over months this compresses margins, weakens negotiating leverage with suppliers and customers, and lengthens the timeframe required to restore profitable operations.

Negative operating and free cash flow

Sustained negative operating and free cash flow constrains reinvestment and forces reliance on external financing or asset sales. Over a multi-month horizon this limits capacity for maintenance capex and working-capital support, raising solvency and growth risks absent a cash-flow turnaround.

Negative profitability and margin erosion

Negative net income and eroding gross/EBITDA margins signal structural margin pressure from pricing, costs, or mix. Persisting losses will erode equity and limit the firm's ability to invest in efficiency improvements, likely forcing strategic actions (cost cuts, capital raises) to restore viability.

Shyam Century Ferrous Ltd. Business Overview & Revenue Model

Company Description

Shyam Century Ferrous Limited manufactures and sells ferro alloys in India. It provides ferro silicon and silico manganese products. The company was incorporated in 2011 and is based in Kolkata, India.

How the Company Makes Money

Shyam Century Ferrous Ltd. generates revenue through the manufacturing and sale of its steel products, with key revenue streams coming from the sale of TMT bars and steel billets to construction companies, manufacturers, and export markets. The company benefits from economies of scale in production, allowing it to maintain competitive pricing while ensuring quality. Additionally, SHYAMCENT has established partnerships with various distributors and suppliers in the construction and manufacturing sectors, enabling a steady demand for its products. Factors contributing to its earnings include the growing demand for steel in infrastructure projects, an expanding customer base, and strategic investments in production technology that enhance operational efficiency.

Shyam Century Ferrous Ltd. Financial Statement Overview

Summary

Weak operating fundamentals: declining revenue, deteriorating margins, and recent negative net income. Cash generation is also stressed with negative operating and free cash flow, partially offset by a relatively strong, low-leverage balance sheet.

Income Statement

The income statement shows a declining revenue trend with a significant drop in profitability metrics. Gross profit margins have decreased over the years, and the company has reported negative net income in recent periods, indicating financial distress. EBIT and EBITDA margins have also turned negative, reflecting operational challenges.

Balance Sheet

The balance sheet is relatively strong with a solid equity base and low debt levels, resulting in a favorable debt-to-equity ratio. However, the decreasing equity ratio and negative return on equity suggest a decline in asset utilization and profitability.

Cash Flow

The cash flow statement highlights concerns, with negative operating cash flow and free cash flow in recent years. Free cash flow growth is negative, indicating the company is facing challenges in generating cash from operations. This situation is further exacerbated by a poor operating cash flow to net income ratio.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	762.62M	1.13B	1.38B	1.81B	2.07B	1.28B
Gross Profit	53.59M	110.35M	38.41M	520.12M	820.45M	183.35M
EBITDA	-11.98M	-45.90M	50.43M	403.63M	791.05M	131.59M
Net Income	-75.44M	-93.08M	7.27M	266.38M	568.64M	28.02M
Balance Sheet
Total Assets	1.78B	1.85B	1.79B	1.82B	1.93B	1.35B
Cash, Cash Equivalents and Short-Term Investments	890.02M	829.40M	823.86M	1.05B	866.34M	619.33M
Total Debt	11.34M	45.48M	26.33M	29.24M	8.62M	51.13M
Total Liabilities	84.73M	175.40M	180.61M	212.71M	176.56M	167.27M
Stockholders Equity	1.70B	1.67B	1.61B	1.61B	1.75B	1.18B
Cash Flow
Free Cash Flow	58.99M	-98.46M	-145.69M	494.38M	244.08M	167.04M
Operating Cash Flow	58.99M	-15.40M	-115.39M	541.83M	309.37M	168.39M
Investing Cash Flow	-33.82M	605.00K	131.96M	-148.00M	-551.98M	89.96M
Financing Cash Flow	-33.98M	17.12M	-9.56M	-396.18M	-48.47M	18.40M

Shyam Century Ferrous Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 6.13
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SHYAMCENT, the sentiment is Negative. The current price of 6.13 is above the 20-day moving average (MA) of 4.98, above the 50-day MA of 5.52, and below the 200-day MA of 6.74, indicating a bearish trend. The MACD of -0.28 indicates Positive momentum. The RSI at 30.47 is Neutral, neither overbought nor oversold. The STOCH value of 24.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SHYAMCENT.

Shyam Century Ferrous Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
SALSTEEL	57 Neutral	₹3.88B	15.95	―	―	0.19%	-2962.74%
MCL	53 Neutral	₹1.70B	64.12	―	―	119.41%	-35.45%
SHAHALLOYS	52 Neutral	₹1.20B	0.90	―	―	-76.23%	―
MANGALAM	50 Neutral	₹491.63M	-1.11	―	―	-24.55%	-310.57%
SHYAMCENT	45 Neutral	₹954.78M	-5.31	―	―	-41.73%	-37.19%

Shyam Century Ferrous Ltd. Corporate Events

Shyam Century Ferrous to Shut Trading Window Ahead of Q3 FY26 Results

Shyam Century Ferrous Limited has announced that its trading window for dealing in the company’s securities will be closed for directors, officers, designated persons and their immediate relatives from 1 January 2026 until 48 hours after the board approves and files the unaudited financial results for the third quarter and nine months ended 31 December 2025. This move, made in line with SEBI’s insider trading regulations and the company’s own code of conduct, is intended to prevent insider trading around the upcoming financial disclosure, signalling a routine governance and compliance measure that temporarily restricts trading activity by insiders while results are being finalized and disclosed to the market.