Shyam Metalics & Energy Ltd logo

Shyam Metalics & Energy Ltd

SHYAMMETL NSE

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.[1]

AI Verdict: BUY Confidence: 7%

Shyam Metalics trades at a PE of 25.7x with near-zero debt and strong sales CAGR of 24% over 5 years. While ROE at 10% is below par for industrials, the company's debt-free balance sheet and 87.5% buy consensus from analysts support a buying case with a medium-term horizon.

Key Fundamentals

SmallcapIron & Steel ProductsIndustrial Products
Market Cap
₹26,254 Cr
Volatility
Moderate
P/E Ratio
24.66
EBITDA
₹2,333 Cr
Return on Equity
11.24%
Debt to Equity
0.07
Book Value
₹412.84
EPS
₹39.63
52W High
₹1,014
52W Low
₹746

Technical Indicators

Key Insights

Strengths

1
  • Company is almost debt free.

Weaknesses

2
  • Company has a low return on equity of 10.2% over last 3 years.
  • Dividend payout has been low at 11.0% of profits over last 3 years

Growth Rate

Revenue Growth
20.72% ↗
Net Income Growth
15.96% ↘
Cash Flow Change
9.46% ↗
ROE
-19.16% ↘
ROCE
18.54% ↘
EBITDA Margin (Avg.)
-8.80% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 3d ago
BUY
Risk medium

Shyam Metalics trades at a PE of 25.7x with near-zero debt and strong sales CAGR of 24% over 5 years. While ROE at 10% is below par for industrials, the company's debt-free balance sheet and 87.5% buy consensus from analysts support a buying case with a medium-term horizon.

Bull Case 8
  • Company is almost debt free, providing significant financial flexibility and downside protection in a cyclical sector
  • Strong analyst consensus with 87.5% buy ratings (7 out of 8 analysts recommend buy) and zero sell ratings
  • Robust 5-year compounded sales growth of 24% indicates consistent top-line expansion and market share gains
  • TTM sales growth of 23% demonstrates continued revenue momentum despite macro headwinds in metals
  • Stock CAGR of 42% over 3 years reflects strong investor confidence and wealth creation track record
  • Market cap of Rs 27,282 Cr places it in a comfortable mid-to-large cap bracket with adequate liquidity
  • Price-to-book of 2.36x is reasonable for a debt-free industrial company with diversified operations across steel and energy
  • TTM profit growth of 18% outpacing broader industrial averages signals improving operational efficiency
Bear Case 7
  • Low return on equity of 10.2% over 3 years indicates suboptimal capital allocation relative to industrial peers averaging 15%+
  • Dividend payout of only 11% of profits over 3 years with a yield of just 0.18% offers negligible income to shareholders
  • 5-year compounded profit growth of only 5% significantly lags the 24% sales CAGR, pointing to margin compression over time
  • 3-year profit CAGR of 9% is modest compared to 14% sales growth in the same period, suggesting operating leverage is limited
  • PE of 25.7x is elevated for a metals and energy company with only 10% ROE, implying limited margin of safety
  • ROE has stagnated at 10% for both last year and 3-year average, showing no improvement trend in profitability
  • 5-year ROE average of 14% declining to 10% currently signals a deteriorating return profile that may warrant re-rating downward

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 1d ago
Positives 3
  • 26% stake in green energy Jun 18

    Shyam Metalics acquired a 26% stake in Emerge Green Power for ₹75.01 lakh to secure renewable energy supply and reduce operating costs.

  • Pig Iron volumes surge 135% Jun 05

    May 2026 sales data showed Pig Iron volumes surged 135.53% YoY, indicating strong demand in that segment.

  • Capacity expansion plans outlined Jun 17

    Q1FY27 investor presentation detailed significant growth targets in stainless steel and power segments with capacity expansion and revenue projections.

Neutral 3
  • Multiple investor meets scheduled Jun 18

    Company held or scheduled at least five investor/analyst interactions between May 28 and Jun 24, including events in Mumbai and Singapore, signaling active institutional engagement.

  • ESG rating of 46 assigned May 29

    Received a voluntary ESG rating of 46 from ESG Risk Assessments and Insights Limited based on public domain data.

  • Sponge Iron volumes down 45% Jun 05

    May 2026 sales data showed Sponge Iron volumes fell 44.74% YoY, reflecting mixed segment performance.

TL;DR: Shyam Metalics is actively pursuing growth through renewable energy integration, capacity expansion in stainless steel and power, and strong Pig Iron volume gains. The sharp decline in Sponge Iron volumes is a watch item but not yet a structural concern. Heavy institutional engagement suggests rising market interest. The trend appears constructive with the company diversifying its energy mix and expanding downstream capacity.

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales
3,428
3,333
2,941
3,315
3,606
3,612
3,634
3,756
4,139
4,419
4,467
4,421
5,240
Expenses
3,001
2,919
2,634
2,908
3,165
3,124
3,225
3,301
3,624
3,839
3,928
3,934
4,513
Operating Profit
427
414
307
407
442
488
409
456
515
580
539
487
727
OPM %
12%
12%
10%
12%
12%
14%
11%
12%
12%
13%
12%
11%
14%
Other Income
23
30
38
40
51
51
72
51
54
54
69
52
29
Interest
39
37
35
40
22
29
30
41
44
40
50
51
51
Depreciation
137
158
177
182
139
136
144
203
229
205
211
218
249
PBT
275
249
133
226
332
374
307
263
297
389
347
270
456
Tax %
8%
19%
-261%
44%
34%
26%
30%
25%
26%
25%
25%
27%
32%
Net Profit
254
202
482
126
220
276
216
197
220
291
260
198
312
EPS in Rs
10.05
8
18.98
4.99
7.76
9.89
7.72
7.08
7.84
10.47
9.38
7.07
11.43
Figures in ₹ Crores

Profit & Loss

  Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
3,747
4,606
4,376
6,297
10,394
12,658
13,195
15,138
18,552
Expenses
3,034
3,656
3,710
4,903
7,793
11,159
11,625
13,272
16,219
Operating Profit
714
950
666
1,394
2,601
1,499
1,570
1,866
2,333
OPM %
19%
21%
15%
22%
25%
12%
12%
12%
13%
Other Income
68
73
12
24
59
105
159
231
204
Interest
49
64
86
62
23
93
133
144
192
Depreciation
215
195
297
300
272
474
656
711
882
PBT
517
764
295
1,055
2,364
1,037
940
1,241
1,462
Tax %
-2%
17%
-15%
20%
27%
19%
-9%
27%
28%
Net Profit
528
637
340
844
1,724
843
1,029
909
1,060
EPS in Rs
90.83
25.86
14.56
36.1
67.61
33.43
37.07
32.53
38.34
Div. Payout %
0%
0%
0%
14%
7%
5%
12%
14%
7%
Figures in ₹ Crores

Balance Sheet

  Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
47
234
234
234
255
255
278
278
278
Reserves
1,807
2,256
2,593
3,400
5,580
7,021
9,369
10,275
11,245
Borrowings
568
729
1,114
796
543
1,172
597
789
1,005
Other Liabilities
1,049
834
1,121
990
2,047
3,147
4,150
4,977
7,533
Total Liabilities
3,471
4,052
5,062
5,420
8,425
11,595
14,393
16,320
20,061
Fixed Assets
1,747
1,774
2,012
1,802
2,455
3,311
3,995
6,357
8,134
CWIP
91
358
235
506
768
2,769
3,764
2,708
2,792
Investments
195
274
144
282
1,036
1,474
2,262
2,118
1,582
Other Assets
1,437
1,647
2,670
2,829
4,166
4,041
4,372
5,137
7,553
Total Assets
3,471
4,052
5,062
5,420
8,425
11,595
14,393
16,320
20,061
Figures in ₹ Crores

Cash Flow

  Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
247
457
-91
1,056
1,561
1,518
1,794
1,964
2,024
Investing
-118
-567
-420
-499
-1,800
-1,944
-2,762
-1,904
-1,939
Financing
-162
112
531
-423
167
424
916
-36
-50
Net Cash Flow
-33
2
20
134
-72
-1
-51
24
34
Free Cash Flow
144
-32
-655
695
621
-386
-93
-184
-614
CFO/OP
51
66
-5
89
82
117
126
107
101
Figures in ₹ Crores

Ratios

  Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
36
17
13
31
13
18
20
19
18
Inventory Days
86
96
203
98
119
90
84
100
123
Days Payable
69
41
79
35
69
63
91
97
133
Cash Conversion Cycle
53
72
136
94
63
45
12
22
8
Working Capital Days
30
36
65
45
53
-1
3
1
-3
ROCE %
—
28%
11%
27%
44%
15%
11%
12%
13%

Shareholding Pattern

As of Mar 2026
Promoters 74.59%
DIIs 9.17%
Others 8.39%
Public 4.76%
FIIs 3.09%
Total 100.00%
  Feb 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Jan 2024Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters
100.00%
88.35%
88.35%
88.35%
88.35%
88.35%
88.35%
88.35%
88.35%
88.35%
81.62%
81.62%
74.59%
74.59%
74.59%
74.59%
74.59%
74.59%
74.59%
74.59%
74.59%
74.59%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
2.35%
2.25%
3.48%
3.84%
3.75%
3.21%
3.65%
3.21%
3.09%
DIIs
0.00%
1.62%
2.43%
2.51%
2.75%
2.90%
2.96%
3.22%
3.14%
3.09%
4.34%
3.59%
3.59%
4.54%
5.39%
6.19%
6.74%
7.68%
8.73%
8.64%
8.87%
9.17%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
0.00%
5.26%
5.97%
6.77%
6.19%
6.34%
6.31%
6.06%
6.09%
6.04%
7.57%
8.60%
8.06%
9.58%
8.80%
7.76%
7.13%
6.31%
5.65%
5.01%
5.05%
4.76%
Others
0.00%
4.76%
3.24%
2.37%
2.71%
2.41%
2.38%
2.37%
2.42%
2.51%
6.47%
6.19%
13.76%
8.93%
8.97%
7.98%
7.70%
7.67%
7.83%
8.11%
8.28%
8.39%
No. of Shareholders
15
2,32,087
1,76,314
1,81,622
1,69,129
1,64,622
1,64,333
1,59,043
1,56,267
1,46,165
1,30,019
1,24,167
1,23,152
1,22,770
1,20,726
1,27,474
1,21,181
1,16,740
1,13,869
1,08,523
1,05,184
1,01,423

Documents

Frequently Asked Questions about Shyam Metalics & Energy Ltd

What does Shyam Metalics & Energy Ltd do?
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.[1]
Where is Shyam Metalics & Energy Ltd (SHYAMMETL) listed?
Shyam Metalics & Energy Ltd is listed on the Indian stock exchanges. It is listed on NSE: SHYAMMETL and BSE: 543299. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Shyam Metalics & Energy Ltd belong to?
Shyam Metalics & Energy Ltd operates in the Industrials sector within the Industrial Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Shyam Metalics & Energy Ltd?
Shyam Metalics & Energy Ltd has a market capitalisation of approximately ₹26253.75 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Shyam Metalics & Energy Ltd?
The Price-to-Earnings (PE) ratio of Shyam Metalics & Energy Ltd is 24.66. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Shyam Metalics & Energy Ltd?
Over the past 52 weeks, Shyam Metalics & Energy Ltd has traded between a low of ₹746 and a high of ₹1,014. This range helps investors understand the stock's price volatility and recent trading levels.
Does Shyam Metalics & Energy Ltd pay dividends?
Yes, Shyam Metalics & Energy Ltd has a dividend yield of 0.19%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Shyam Metalics & Energy Ltd?
Shyam Metalics & Energy Ltd has a Return on Equity (ROE) of 11.24%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Shyam Metalics & Energy Ltd on Tapetide?
On Tapetide, you can view Shyam Metalics & Energy Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

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.[1]

Website shyammetalics.com
Listed 2021-06-24
Face Value ₹ 10
Issued Size 27,91,31,853

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