Shyam Metalics and Energy Ltd

Shyam Metalics Q3 FY26: Revenue Up 17.7% YoY, Major Expansions Underway 📈

• Q3 FY26 revenue: ₹4,421.5 Cr (17.7% YoY growth)

• 9M FY26 revenue: ₹13,311.9 Cr (20.9% YoY growth)

• Q3 FY26 PAT: ₹197.5 Cr (flat YoY)

• 9M FY26 PAT: ₹748.6 Cr (8.6% YoY growth)

• Cold rolling mill in Jamuria: Phase 1 commissioned, Phase 2 by Q4 FY26

• Stainless steel expansion via Mittal Corp acquisition: 0.2 MTPA capacity with ₹225 Cr capex

• Aluminium foil division expansion: 0.04 MTPA capacity in West Bengal and Jharkhand

• Wagon manufacturing: 4,800 units planned with Phase 1 by September 2026

• Total planned capex: ₹9,425 Cr post-IPO with additional ₹6,660 Cr for expansions

• Production capacity: 16.78 MTPA

• Exports contributed 11% to revenue in 9M FY26, spanning 39 countries

• Net debt to EBITDA at 0.02x as of Dec 2025