Shyam Metalics and Engy L
NSE: SHYAMMETL · Iron & Steel Products · sector
₹1,126.20NSE close 2026-10-26
Key numbers
Market cap₹31,351 cr
Price₹1,126.20
52w high / low₹1,240 / ₹746
P/E28.0xSector median 15.5x
P/B2.7xSector median 1.7x
Book value₹413.9
Dividend yield0.36%Sector median 0.60%
ROE7.8%Sector median 11.1%
ROCE14.2%Sector median 11.9%
OPM12.9%Sector median 6.7%
Debt / equity0.09xSector median 0.21x
EV/EBITDA12.6xSector median 11.8x
Interest cover7.7x
Current ratio1.00x
Sales growth 3y+13.7%Sector median +2.1%
Profit growth 3y+7.7%Sector median +13.0%
PEG6.04x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 118 companies in Iron & Steel Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹532 cr vs borrowings ₹981 cr (FY26): borrowings are higher by ₹450 cr.
- Operating profit covered interest 7.7x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY22).
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 23% of net profit in the last 12 months.
- Debtor days went from 50 (FY24) to 18 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹1,126.20 on 2026-10-26: -9.2% from the 52-week high, +51.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹1,198.50 · low ₹702.50
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,634 | 3,753 | 4,139 | 4,419 | 4,457 | 4,421 | 5,240 | 5,455 |
| EBITDA | 407 | 456 | 515 | 580 | 539 | 487 | 727 | 765 |
| OPM % | 11.2% | 12.2% | 12.4% | 13.1% | 12.1% | 11.0% | 13.9% | 14.0% |
| Other income | 75 | 51 | 54 | 54 | 69 | 52 | 29 | 47 |
| Net profit | 216 | 198 | 219 | 292 | -1 | 197 | 319 | 345 |
| EPS (₹) | 7.76 | 7.10 | 7.92 | 10.45 | 9.36 | 7.10 | 11.20 | 12.60 |
| Revenue YoY | +22.6% | +17.8% | +26.6% | +23.5% | ||||
| Profit YoY | -100.6% | -0.2% | +45.9% | +18.1% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 10,394 | 12,610 | 6,668 | 15,138 | 18,552 | 19,574 |
| EBITDA | 2,600 | 1,486 | 636 | 1,866 | 2,333 | 2,519 |
| Net profit | 1,724 | 858 | 351 | 908 | 1,070 | 860 |
| EPS (₹) | 68.91 | 33.26 | 13.50 | 32.70 | 38.10 | 40.26 |
| Revenue growth | +21.3% | -47.1% | +127.0% | +22.6% | +22.8% | |
| Profit growth | -50.3% | -59.0% | +158.4% | +17.9% | -6.9% | |
| Dividend / share (₹) | 7.20 | 4.50 | 1.80 | 4.95 | 4.05 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +13.7% | +24.1% | +22.8% |
| Net profit | +7.7% | +4.9% | -6.9% |
| EPS | +4.6% | +1.1% | – |
| Share price | – | +16.6% (2y) | +29.0% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 7,162 | 5,565 | 10,553 | 11,523 |
| Borrowings | – | 1,152 | 103 | 779 | 981 |
| Cash & equivalents | – | 703 | 815 | 893 | 532 |
| Total assets | – | 11,189 | 7,264 | 16,316 | 20,061 |
| Fixed assets | – | 2,868 | 1,351 | 6,268 | 8,075 |
| Capital work in progress | – | 2,769 | 415 | 2,708 | 2,792 |
| Investments | – | 0 | 973 | 1,294 | 1,156 |
| Receivables | – | 604 | 909 | 793 | 905 |
| Inventory | – | 2,205 | 770 | 2,985 | 4,501 |
| Payables | – | 1,525 | 1,281 | 2,917 | 4,865 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 1,690 | 1,507 | 505 | 1,964 | 2,024 |
| Cash from investing | -1,927 | -1,955 | -1,519 | -1,904 | -1,939 |
| Cash from financing | 165 | 431 | 992 | -36 | -50 |
| Capex | 1,071 | 1,579 | 322 | 2,148 | 2,637 |
| Free cash flow | 618 | -72 | 183 | -184 | -614 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 12.0% | 6.3% | 8.6% | 9.3% |
| ROCE % | – | 13.7% | 9.1% | 12.2% | 13.2% |
| Debtor days | – | 17 | 50 | 19 | 18 |
| Inventory days | – | 90 | 56 | 100 | 123 |
| Payable days | – | 62 | 92 | 97 | 133 |
| Cash conversion cycle (days) | – | 45 | 14 | 22 | 8 |
| Working capital days | – | 38 | 101 | 22 | 0 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 74.59% |
| FIIs | 5.29% |
| DIIs | 11.15% |
| of which Mutual funds | 1.76% |
| of which Insurance | 5.42% |
| Public (non-institutions) | 8.71% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 74.59% | 74.59% | 74.59% | 74.59% | 74.59% | 74.59% | 74.59% | 74.59% |
| Promoter group | % |
|---|---|
| Subham Buildwell PVT. Ltd. | 21.86% |
| Narantak Dealcomm Limited | 15.48% |
| Subham Capital Private Limited | 14.61% |
| Brij Bhushan Agarwal | 8.34% |
| Kalpataru House FIN. and Trading Private Ltd. | 7.67% |
| Dorite Tracon (P) Ltd | 5.09% |
| Brij Bhusan Agarwal & Sons | 0.81% |
| Mittu Agarwal | 0.41% |
| TOP Light Mercantiles PVT. Ltd. | 0.25% |
| Kiran Vimal Agarwal | 0.02% |
| Anita Jhunjhunwala | 0.02% |
| Sangita Agarwal | 0.02% |
| Sanjay Kumar Agarwal | 0.01% |
| Bajrang LAL Agarwal | 0.00% |
| Mahabir Prasad Agarwal | 0.00% |
| Public holders above 1% | % |
|---|---|
| Life Insurance Corporation of India | 3.80% |
| Authum Investment and Infrastructure Limited | 2.39% |
| Tata AIA Life Insurance Co Ltd-select Equity Fund | 1.60% |
| Unitbhai Shantilal Mehta | 1.25% |
| Fidelity Securities Fund: Fidelity Blue Chip Growth | 1.15% |
| Invesco India Flexi CAP Fund | 1.14% |
98,522 shareholders. Pledged: 0.00% of promoter shares.
Peers in Iron & Steel Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| WELCORP | ₹61,798 cr | 26.7x | 6.8x | 27.8% | 19.2% | 13.9% | +19.8% | 0.21% |
| APLAPOLLO | ₹57,703 cr | 46.9x | 10.9x | 25.9% | 30.1% | 8.0% | +12.6% | 0.28% |
| SHYAMMETL | ₹31,351 cr | 28.0x | 2.7x | 7.8% | 14.2% | 12.9% | +13.7% | 0.36% |
| RATNAMANI | ₹16,345 cr | 37.8x | 4.0x | 11.2% | 15.7% | 16.7% | +0.1% | 0.60% |
| JINDALSAW | ₹14,824 cr | 26.9x | 1.2x | 4.4% | 7.2% | 9.5% | +0.1% | 0.86% |
| USHAMART | ₹14,192 cr | 27.9x | 4.3x | 16.8% | 20.1% | 19.6% | +4.1% | 0.64% |
| GALLANTT | ₹12,989 cr | 31.9x | 3.7x | 12.4% | 14.2% | 13.8% | +3.1% | 0.08% |
| GPIL | ₹11,769 cr | 14.6x | 2.0x | 15.1% | 18.7% | 21.4% | -2.2% | 0.54% |
| JAYNECOIND | ₹8,607 cr | 12.5x | 2.6x | 23.4% | 25.6% | 18.9% | +4.0% | – |
| MAHSEAMLES | ₹7,148 cr | 9.7x | 1.0x | 11.2% | 14.2% | 15.0% | -6.5% | 1.87% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-07 | Dividend | Dividend - Rs 2.70 Per Share |
| 2026-07-24 | Dividend | Interim Dividend - Rs 1.80 Per Share |
| 2025-08-19 | Dividend | Dividend - Rs 2.25 Per Share |
| 2025-07-28 | Dividend | Interim Dividend - Rs 1.80 Per Share |
| 2025-02-07 | Dividend | Interim Dividend - Rs 2.25 Per Share |
| 2024-08-30 | Dividend | Dividend - Rs 2.70 Per Share |
| 2024-08-30 | Other | Annual General Meeting |
| 2023-09-14 | Other | Annual General Meeting |
| 2023-06-05 | Dividend | Interim Dividend - Rs 1.80 Per Share |
| 2022-09-16 | Dividend | Annual General Meeting/Dividend - Rs 2.70 Per Share |
| 2022-08-11 | Dividend | Interim Dividend - Rs 1.80 Per Share |
| 2022-02-18 | Dividend | Interim Dividend - Rs 2.25 Per Share |
| 2021-11-17 | Dividend | Interim Dividend - Rs 2.25 Per Share |
| 2021-09-06 | Dividend | Annual General Meeting/Dividend - Rs 2.70 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Metal and metal products (C7)
- Trade: Wholesale Trading (G1)
| Sector | Industrials |
| Industry | Iron & Steel Products |
| Sub-industry | Iron & Steel Products |
| Symbol | SHYAMMETL |
| BSE code | 543299 |
| ISIN | INE810G01011 |
| Face value | ₹10.0 |
| Incorporated | 2022-12-10 |
| Website | http://www.shyammetalics.com |
| Plants (India / abroad) | 8 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.