Shyam Metalics and Energy Limited — Investor Meet, 13-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Shyam Metalics reported Q4 consolidated revenue of Rs. 4,139 Cr, up 15% YoY, with EBITDA at Rs. 515 Cr (+17% YoY) and margin improving 30 bps to 12.5%. Full-year revenue was Rs. 15,138 Cr (+15%) and EBITDA Rs. 2,097 Cr (+21%), while net profit fell 11.6% due to prior tax adjustments. Ramp-up of blast furnace, new roofing sheets, and B2C aluminum foil entry drove growth. Ongoing CAPEX of Rs. 6,584 Cr (66% completed) targets steel, aluminum, power, and solar, with FY26 stainless steel revenue expected at Rs. 1,300-1,400 Cr. FY27 revenue guidance is Rs. 22,000-23,000 Cr and EBITDA Rs. 2,800-3,200 Cr. Management is cautiously optimistic on Q1, emphasizing efficiency, integration, and low leverage (net cash Rs. 1,062 Cr). Competition risks exist, but a diversified product mix supports margin improvement and steady dividends. Sentiment remains confident on sustainable, integrated growth across steel and specialty segments.