Shyam Metalics and Energy Limited (NSE: SHYAMMETL) reported its unaudited financial results for the quarter ended December 31, 2025, following a board meeting on January 24, 2026. The sources do not contain the specific intraday stock price, intraday percentage move, 52-week context, market capitalization, or equity analyst commentary for the date of the report.
Latest Quarterly Results & Highlights
For the third quarter and nine months ended December 31, 2025, Shyam Metalics and Energy Limited reported revenue of INR 44,214.6 million, up year-over-year from approximately INR 37,562.7 million, showing top-line growth for the period. Net profit for the quarter was ~INR 1,972.4 million, largely unchanged from the prior year. Basic and diluted earnings per share were stable at INR 7.10 and INR 7.07 respectively compared with the prior year period.
Earlier quarterly data for Q2 FY26 showed net sales of INR 4,418.8 crore, up about 22.35% year-over-year, with net profit rising modestly (~5.8% YoY), though margin pressure and higher costs were noted. EBITDA and operational metrics in Q2 demonstrated revenue growth but also compression in profitability ratios.
Full Year and Year-Over-Year Context
For FY25, consolidated revenue was ~INR 15,368 crore, up ~15.1% from FY24 levels, with EBITDA increasing to ~INR 2,096 crore. Profit after tax for FY25 was ~INR 909 crore, reflecting an ~11.6% decline from FY24. Profit before tax expanded by ~32% for FY25. Year-over-year quarterly comparisons show sequential growth in net sales but mixed trajectories in profit margins and earnings.
Market Reaction & Capitalisation
Market reaction has been tepid around quarterly disclosures, with stock performance fluctuating in recent months. Earlier analyses pointed to stock price decline over a three-month frame and mixed sentiment on fundamental strength. Over the last six months, share price has delivered modest gains (~7–8%), while 12-month returns approached +48%.
Shyam Metalics’ market capitalisation was in the vicinity of ~INR 23,803 crore in Q2 FY26 context. Short-term sentiment indicators highlighted mixed trading patterns as revenue growth was offset by pressure on margins and costs.
Business Position & Industry Context
Shyam Metalics operates in the competitive Indian steel and metals sector, where commodity cycles, raw material costs, and infrastructure demand trends materially influence performance. The company’s diversified portfolio and captive energy generation aim to provide competitive cost structures. Export sales account for a meaningful portion of revenues (~10%) and the product mix continues to evolve toward value-added steels and specialty segments.
52-Week & Recent Price Trend
Over the past 52 weeks, the stock traded in a range reflecting cyclical metal sector trends, with periods of resistance near earlier highs followed by consolidation phases. Technical analyses cited resistance levels around key price points, with volume patterns suggesting variable participation.
Regulatory Milestones and Segment Updates
The group operates within a single reportable business segment: steel and allied products. In regulatory developments, the company has assessed the four New Labour Codes notified in 2025 and determined that the incremental financial impact is currently not material to its results. Additionally, the board approved a revised Policy on Related Party Transactions to align with updated SEBI regulations.
In management updates, the company appointed Mr. Subrata Bhattacharya as an Independent Director for a five-year term beginning February 1, 2026. Mr. Bhattacharya has 39 years of experience in the steel and stainless-steel industry, including previous leadership roles at Jindal Stainless Limited and Viraj Profiles Limited.
Where Does Shyam Metalics Stand Today?
The company is currently pivoting toward domestic capacity expansion while exiting non-performing international subsidiaries. While revenue has shown significant year-over-year growth, the flat net profit performance in the most recent quarter suggests rising operational costs. Potential reasons for investors to pass include the requirement for substantial borrowings to fund the expansion plan and the company’s exposure to geopolitical risks that previously stalled its international operations.