Shyam Metalics and Energy Ltd

Shyam Metalics Reports Strong Q3 Growth 📈 Major Expansion Plans Underway

• Q3 FY26 revenue: ₹4,421 crores, up 17.7% year-on-year

• Nine months revenue: ₹13,312 crores, up 20.9% year-on-year

• Q3 EBITDA: ₹539 crores, up 6.3% year-on-year with 12.2% margin

• Nine months EBITDA: ₹1,781 crores, up 16.6% year-on-year

• PAT stable at ₹198 crores year-on-year

• Volume growth: iron pellets up 43%, specialty alloys up 18.7%, stainless steel up 8.8%

• Realizations: aluminum up 8.4%, stainless steel up 11.3%

• Commissioned 0.45 million ton blast furnace at Kharagpur

• 90 MW captive power plant and 0.15 million ton color-coated plant expected by end of FY26

• New capital investment of ₹6,660 crores approved for expansion

• Outlook positive with expected margin improvements in Q4 and FY27