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.
Q3 FY26 Earnings Results
- Revenue from Operations: ₹4,421 Crore, +17.7% YoY, -1.0% QoQ
- EBITDA: ₹539 cr, +6.3% YoY, -11.5% QoQ, operating EBITDA ₹487 Crore +6.9% YoY, 12.2% margin
- PAT: ₹198 cr, +0.1% YoY, -24.7% QoQ
- Other key metrics: Volumes +25% YoY, 9M YTD revenue ₹13,312 cr +20.9% YoY, PAT ₹749 cr +8.6% YoY
Management Commentary & Strategic Decisions
- Delivered exceptional quarter with 25% volume growth and 18% revenue growth, focus on value-added products and competitive position
- Strategic moves: Approved ₹6,660 cr fresh capex for value-added growth and margin enhancement, total capex ₹8,038 cr incurred till Q3 out of ₹9,425 cr planned, CRISIL rating upgraded to AA+
Q2 FY26 Earnings Results
- Revenue from Operations: ₹4,457 cr, +22.7% YoY, +6.8% QoQ.
- EBITDA: ₹609 cr, +26% YoY (est.), 13.4% margin.
- PAT: ₹260 cr, +20.3% YoY, +33.6% QoQ.
- Other key metrics: Operating profit ₹580 cr, 13.1% margin, H1 revenue ₹8,876 cr +22.5% YoY
Management Commentary Q2
- Strong revenue momentum from ferro alloys and sponge iron with 24% volume growth YoY, effective cost management, focus on capacity utilisation and value-added products.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.