Shyam Metalics Share Price in Focus; Revenue Rises 22% in FY26 Results

Shyam Metalics and Energy Limited (SMEL), a leading multi-metal conglomerate with operations across carbon steel, stainless steel, specialty alloys, and aluminium foil, announced robust financial results for the quarter and year ended March 31, 2026.

The company reported consolidated revenue of ₹5,240 crore in Q4 FY26, registering a 27% year-on-year increase compared to ₹4,139 crore in the corresponding quarter last year. On a sequential basis, revenue grew 19% from ₹4,421 crore reported in Q3 FY26.

For the full FY26 financial year, total revenue rose 22% to ₹18,552 crore from ₹15,159 crore in FY25.

EBITDA and Profitability Improve Significantly

The company’s EBITDA for Q4 FY26 increased 33% year-on-year to ₹756 crore, while EBITDA margins improved to 14.4% from 13.8% in the same period last year.

Operating EBITDA stood at ₹727 crore during the quarter, marking a strong 41% increase on a yearly basis. Operating EBITDA margins also improved to 13.9%.

Profit after tax (PAT) for Q4 FY26 surged 42% to ₹312 crore compared to ₹220 crore in Q4 FY25. PAT margins improved to 6.0% from 5.3% in the year-ago quarter.

For the entire FY26 period, the company posted PAT of ₹1,061 crore, up 17% from ₹909 crore recorded in FY25.

Strong Growth Across Product Segments

Shyam Metalics witnessed healthy volume growth across several product categories during FY26. Pig iron volumes recorded exceptional growth of 596.6% year-on-year to 6,60,237 tonnes, while CR Coil and CR Sheet volumes surged 720.2% to 1,69,440 tonnes.

Iron pellet sales volumes also increased 39.9% to 11,76,992 tonnes, reflecting strong operational performance.

Specialty alloys volumes grew 11.9% to 2,23,494 tonnes, while stainless steel sales increased 11.5% to 94,102 tonnes during FY26.

However, sponge iron volumes declined 10.9% year-on-year to 9,03,350 tonnes.

Diversified Business Supporting Growth

The company’s diversified portfolio across steel, alloys, stainless steel, and aluminium segments continued to support overall business growth. Operational efficiencies, higher volumes, and improved margins contributed positively to profitability during the year.

The company also benefited from expanding downstream product offerings, particularly in CR Coil and Pig Iron segments.

Commenting on the results, Mr Brij Bhushan Agarwal, Chairman & Managing Director, said, “We delivered a robust performance this quarter, with volumes growing 22% year-on-year, revenue increasing 27% year-onyear, and profitability rising 42% year-on-year. This strong performance was driven by disciplined execution, operational excellence, and sustained momentum across our businesses.”

He further added, “Looking ahead, our focus on innovation, operational discipline, and financial prudence will continue to guide us as we build on our growth momentum, strengthen our market leadership, and create sustainable long-term value.”

Shyam Metalics Share Price Today

On May 12, 2026, Shyam Metalics share price opened at ₹878.25. At 11:11 AM, the share price of Shyam Metalics was trading at ₹851.50, down by 2.33% on the NSE.

Also Read: Shyam Metalics Announces ₹2,700 Crore Expansion to Boost Specialty Steel Growth!

Conclusion

Shyam Metalics delivered a strong financial and operational performance in FY26, supported by robust growth in revenue, profitability, and sales volumes across key segments. Strong momentum in pig iron, CR products, and iron pellets, along with improved operating margins, positions the company well for sustained growth in the metal and steel sector.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.