Shyam Metalics and Energy Limited — PPTs, 28-01-2025: Investor Presentation

**Financial Highlights:** For Q3 FY25, Shyam Metalics reported a revenue of ₹3,753 Cr, marking a 13.2% year-over-year growth, driven by robust demand across its product range. Operating EBITDA stood at ₹456 Cr, with a PAT of ₹197 Cr, reflecting a substantial 56.8% increase YoY. Year-to-date, total revenue reached ₹10,998 Cr, with PAT hitting ₹689 Cr, underscoring consistent performance.

**Strategic Initiatives and Growth Drivers:** The company has initiated the operation of a new 0.77 MTPA blast furnace at its Jamuria plant, enhancing its production capabilities. Shyam Metalics is pivoting towards value-added products, elevating its stainless steel capacity through the acquisition of Mittal Corporation.

**Business Developments:** The firm secured 17 rail rakes for better logistics under the "Own Your Wagon" scheme, improving operational efficiencies. Capex for the first nine months of FY25 totaled ₹5,873 Cr, accounting for 59% of its ₹10,025 Cr capital expenditure plan, with an interim dividend of ₹2.25 per share declared.

**Market Position and Competitive Advantage:** Shyam Metalics leverages backward and forward integration, with 82% of power sourced from captive plants, significantly cutting energy costs. Its diversified product mix and strategic plant locations near mineral belts enhance competitive positioning in the integrated steel and ferro alloys sector.

**Investor Implications:** With ongoing expansion and focus on high-margin products, including aluminium foil and stainless steel, Shyam Metalics presents a positive outlook for growth and operational efficiency. Investors should watch for continued improvements in sales volumes and margins, signalling strong potential for returns amid ongoing capacity expansions and market opportunities.