Shyam Metalics Q4 Revenue Rises 27%

Shyam Metalics and Energy reported consolidated revenue of Rs 52.40 billion in Q4 FY26, registering 27 per cent year-on-year growth from Rs 41.39 billion in Q4 FY25. EBITDA rose 33 per cent to Rs 7.56 billion, while Profit After Tax increased 42 per cent to Rs 3.12 billion. Operating EBITDA grew 41 per cent to Rs 7.27 billion during the quarter.

For FY26, the company posted consolidated revenue of Rs 185.52 billion, up 22 per cent over FY25. EBITDA stood at Rs 25.37 billion, while PAT increased to Rs 10.61 billion. Operating EBITDA for the year stood at Rs 23.33 billion, marking 25 per cent year-on-year growth.

The company recorded strong operational momentum, with overall volumes rising 22 per cent year-on-year in Q4 FY26. Growth was led by CR coil and CR sheet, pig iron, stainless steel and iron pellets, supported by improved realisations and operational efficiencies.

The Board approved an additional capex outlay of Rs 27 billion to strengthen Shyam Metalics’ presence in value-added and specialty steel segments, expand downstream capabilities and support long-term growth. Key projects included Phase 2 operations at the CRM complex in Jamuria, expansion at the Pakuria aluminium plant through annealing furnaces and an aluminium manufacturing project in Odisha, which is nearing commercial production.

Shyam Metalics said its expansion plans are aligned with West Bengal’s manufacturing-led growth agenda. The company aims to support over 50,000 direct and indirect livelihoods from the current 25,000-plus, while continuing to focus on premiumisation, downstream integration, operational discipline and sustainable growth.