Shyam Metalics & Energy Ltd
Shyam Metalics is primarily engaged in the manufacturing of steel and allied products including pellets, sponge iron, TMT and long products, ferro alloys and generation of power.[1]
- Market Cap ₹ 25,433 Cr.
- Current Price ₹ 911
- High / Low ₹ 957 / 516
- Stock P/E 28.0
- Book Value ₹ 378
- Dividend Yield 0.49 %
- ROCE 12.0 %
- ROE 8.99 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Company has a low return on equity of 11.0% over last 3 years.
- Dividend payout has been low at 10.4% of profits over last 3 years
* 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
Part of BSE 500 Nifty 500 BSE SmallCap Nifty Smallcap 100 BSE Allcap
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
3,747 | 4,606 | 4,376 | 6,297 | 10,394 | 12,658 | 13,195 | 15,138 | |
3,034 | 3,656 | 3,710 | 4,903 | 7,793 | 11,159 | 11,625 | 13,272 | |
Operating Profit | 714 | 950 | 666 | 1,394 | 2,601 | 1,499 | 1,570 | 1,866 |
OPM % | 19% | 21% | 15% | 22% | 25% | 12% | 12% | 12% |
68 | 73 | 12 | 24 | 59 | 105 | 159 | 231 | |
Interest | 49 | 64 | 86 | 62 | 23 | 93 | 133 | 144 |
Depreciation | 215 | 195 | 297 | 300 | 272 | 474 | 656 | 711 |
Profit before tax | 517 | 764 | 295 | 1,055 | 2,364 | 1,037 | 940 | 1,241 |
Tax % | -2% | 17% | -15% | 20% | 27% | 19% | -9% | 27% |
528 | 637 | 340 | 844 | 1,724 | 843 | 1,029 | 909 | |
EPS in Rs | 90.83 | 25.86 | 14.56 | 36.10 | 67.61 | 33.43 | 37.07 | 32.53 |
Dividend Payout % | 0% | 0% | 0% | 14% | 7% | 5% | 12% | 14% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 28% |
3 Years: | 13% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | -19% |
TTM: | -11% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 39% |
1 Year: | 44% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 11% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 47 | 234 | 234 | 234 | 255 | 255 | 278 | 278 |
Reserves | 1,807 | 2,256 | 2,593 | 3,400 | 5,580 | 7,021 | 9,369 | 10,275 |
568 | 729 | 1,114 | 796 | 543 | 1,172 | 597 | 789 | |
1,049 | 834 | 1,121 | 990 | 2,047 | 3,147 | 4,150 | 4,973 | |
Total Liabilities | 3,471 | 4,052 | 5,062 | 5,420 | 8,425 | 11,595 | 14,393 | 16,316 |
1,747 | 1,774 | 2,012 | 1,802 | 2,455 | 3,311 | 3,995 | 6,357 | |
CWIP | 91 | 358 | 235 | 506 | 768 | 2,769 | 3,764 | 2,708 |
Investments | 195 | 274 | 144 | 282 | 1,036 | 1,474 | 2,262 | 2,118 |
1,437 | 1,647 | 2,670 | 2,829 | 4,166 | 4,041 | 4,372 | 5,133 | |
Total Assets | 3,471 | 4,052 | 5,062 | 5,420 | 8,425 | 11,595 | 14,393 | 16,316 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
247 | 457 | -91 | 1,056 | 1,561 | 1,518 | 1,794 | 1,964 | |
-118 | -567 | -420 | -499 | -1,800 | -1,944 | -2,762 | -1,904 | |
-162 | 112 | 531 | -423 | 167 | 424 | 916 | -36 | |
Net Cash Flow | -33 | 2 | 20 | 134 | -72 | -1 | -51 | 24 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 36 | 17 | 13 | 31 | 13 | 18 | 20 | 19 |
Inventory Days | 86 | 96 | 203 | 98 | 119 | 90 | 84 | 100 |
Days Payable | 69 | 41 | 79 | 35 | 69 | 63 | 91 | 97 |
Cash Conversion Cycle | 53 | 72 | 136 | 94 | 63 | 45 | 12 | 21 |
Working Capital Days | 57 | 71 | 123 | 83 | 68 | 23 | 12 | 36 |
ROCE % | 28% | 11% | 27% | 44% | 15% | 11% | 12% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Directorate
14h - Independent Director Malay Kumar De resigns due to personal commitments, effective May 20, 2025.
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Announcement under Regulation 30 (LODR)-Resignation of Director
14h - Independent Director Malay Kumar De resigns due to personal commitments, effective May 20, 2025.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Shyam Metalics to start 4,800 wagon/year greenfield plant at Kharagpur by March 2026.
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 13 May
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
13 May - Shyam Metalics reports 15% revenue growth, new product launches, and Rs. 6,584 Cr CAPEX with strong FY'26-27 expansion plans.
Annual reports
Concalls
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May 2025Transcript PPT
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT REC
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May 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Feb 2024TranscriptPPTREC
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Jan 2024TranscriptNotesPPT REC
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Nov 2023TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Aug 2023Transcript PPT
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Jul 2023TranscriptNotesPPT
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May 2023Transcript PPT REC
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May 2023TranscriptNotesPPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Mar 2022TranscriptPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021Transcript PPT
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Nov 2021TranscriptNotesPPT
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Sep 2021TranscriptNotesPPT
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Jul 2021TranscriptNotesPPT
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Jul 2021TranscriptNotesPPT
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Jul 2021TranscriptNotesPPT
India’s leading Metal Producer[1]
The company is 6th largest integrated steel producer & amongst the largest ferro alloys producer in India, 4th largest sponge iron player, leading player in terms of pellet capacity.