Shyam Metalics & Energy Ltd
Shyam Metalics is a leading integrated metal producing company based in India with a focus on long steel products and ferro alloys. The company is one of the largest producers of ferro alloys in terms of installed capacity in India and has the ability to sell intermediate and final products across the steel value chain.[1]
- Market Cap ₹ 17,979 Cr.
- Current Price ₹ 644
- High / Low ₹ 772 / 292
- Stock P/E 51.2
- Book Value ₹ 199
- Dividend Yield 0.28 %
- ROCE 10.4 %
- ROE 7.46 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 17.4%
Cons
- Company has a low return on equity of 12.4% over last 3 years.
- Debtor days have increased from 23.8 to 49.8 days.
- Working capital days have increased from 72.5 days to 105 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Steel Industry: Steel - Large
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
1,168 | 859 | 1,064 | 1,722 | 2,151 | 2,112 | 3,024 | 4,658 | 6,243 | 6,668 | |
1,092 | 809 | 941 | 1,425 | 1,718 | 1,799 | 2,356 | 3,513 | 5,763 | 6,032 | |
Operating Profit | 76 | 50 | 123 | 297 | 432 | 313 | 668 | 1,146 | 480 | 636 |
OPM % | 7% | 6% | 12% | 17% | 20% | 15% | 22% | 25% | 8% | 10% |
141 | 7 | 38 | 30 | 22 | 4 | 50 | 95 | 63 | 96 | |
Interest | 34 | 33 | 25 | 25 | 38 | 57 | 39 | 9 | 38 | 58 |
Depreciation | 117 | 119 | 95 | 99 | 93 | 159 | 150 | 120 | 208 | 219 |
Profit before tax | 66 | -95 | 41 | 203 | 324 | 100 | 529 | 1,112 | 297 | 456 |
Tax % | -7% | 34% | -25% | -39% | 12% | -5% | 17% | 27% | -1% | 23% |
71 | -62 | 51 | 282 | 285 | 105 | 439 | 810 | 299 | 351 | |
EPS in Rs | 16.29 | -14.30 | 10.92 | 60.32 | 12.21 | 4.51 | 18.79 | 31.77 | 11.72 | 12.59 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 26% | 16% | 15% | 21% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 25% |
3 Years: | 30% |
TTM: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | -7% |
TTM: | 28% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 116% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 12% |
Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 43 | 43 | 47 | 47 | 234 | 234 | 234 | 255 | 255 | 278 |
Reserves | 682 | 1,177 | 1,232 | 1,515 | 1,618 | 1,724 | 2,124 | 3,395 | 3,596 | 5,287 |
346 | 273 | 254 | 300 | 413 | 701 | 320 | 182 | 393 | 105 | |
137 | 362 | 461 | 390 | 444 | 695 | 597 | 966 | 1,216 | 1,594 | |
Total Liabilities | 1,208 | 1,855 | 1,994 | 2,252 | 2,708 | 3,355 | 3,274 | 4,798 | 5,459 | 7,264 |
510 | 729 | 667 | 767 | 770 | 955 | 808 | 962 | 1,355 | 2,302 | |
CWIP | 82 | 147 | 173 | 37 | 240 | 84 | 230 | 437 | 352 | 415 |
Investments | 137 | 503 | 531 | 819 | 982 | 989 | 989 | 1,617 | 1,941 | 1,763 |
478 | 476 | 623 | 628 | 716 | 1,327 | 1,247 | 1,782 | 1,810 | 2,784 | |
Total Assets | 1,208 | 1,855 | 1,994 | 2,252 | 2,708 | 3,355 | 3,274 | 4,798 | 5,459 | 7,264 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
165 | 135 | 313 | 384 | 16 | 599 | 714 | 562 | 505 | ||
-108 | -89 | -341 | -449 | -207 | -114 | -989 | -621 | -1,519 | ||
-51 | -33 | 8 | 65 | 191 | -466 | 296 | 62 | 992 | ||
Net Cash Flow | 5 | 12 | -20 | 1 | 0 | 19 | 20 | 3 | -22 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 16 | 29 | 48 | 44 | 15 | 13 | 36 | 8 | 13 | 50 |
Inventory Days | 72 | 63 | 85 | 78 | 103 | 213 | 104 | 130 | 88 | 56 |
Days Payable | 26 | 21 | 61 | 60 | 39 | 110 | 31 | 67 | 58 | 92 |
Cash Conversion Cycle | 62 | 71 | 71 | 62 | 79 | 116 | 109 | 71 | 43 | 13 |
Working Capital Days | 62 | 82 | 86 | 57 | 69 | 114 | 82 | 67 | 45 | 105 |
ROCE % | -5% | 4% | 13% | 17% | 6% | 21% | 34% | 8% |
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
1d - Submission of Annual Secretarial Compliance Report for the year ended 31st March, 2024 pursuant to Regulation 24A of SEI (LODR).
- Announcement under Regulation 30 (LODR)-Investor Presentation 15 May
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 May - Newspaper Publication - Audited Financial Results 31.03.2024
-
Announcement under Regulation 30 (LODR)-Investor Presentation
15 May - Investor Presentation - Financial Results of 4th Quarter and Financial Year ended 2023-24
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
14 May - Press Release issued on the Financial Results for the Quarter and Financial Year ended 31.03.2024
Annual reports
Concalls
-
May 2024TranscriptNotesPPT
-
May 2024TranscriptNotesPPT
-
Feb 2024TranscriptPPTREC
-
Jan 2024TranscriptNotesPPT REC
-
Nov 2023TranscriptNotesPPT
-
Nov 2023TranscriptNotesPPT
-
Aug 2023Transcript PPT
-
Jul 2023TranscriptNotesPPT
-
May 2023Transcript PPT REC
-
May 2023TranscriptNotesPPT
-
Feb 2023Transcript PPT
-
Nov 2022Transcript PPT
-
Aug 2022Transcript PPT
-
May 2022Transcript PPT
-
Mar 2022TranscriptPPT
-
Feb 2022TranscriptNotesPPT
-
Nov 2021Transcript PPT
-
Nov 2021TranscriptNotesPPT
-
Sep 2021TranscriptNotesPPT
-
Jul 2021TranscriptNotesPPT
-
Jul 2021TranscriptNotesPPT
-
Jul 2021TranscriptNotesPPT
India’s leading Metal Producer [1]
The company is one of the leading Integrated metal producers in India and it is among India's largest producers of ferroalloys in terms of installed capacity and the fourth-largest player in the sponge iron industry.