Shyam Metalics and Energy Limited — PPTs, 12-05-2026: Investor Presentation

**Business Performance:**

Shyam Metalics (SMEL) reported strong FY26 financials: Revenue up 22.4% to Rs. 18,552 Cr, with volumes climbing 26%. Q4 revenue hit Rs. 5,240 Cr and PAT surged 41.7% to Rs. 312 Cr. Profitable since 2005.

**Growth Drivers/Strategy:**

SMEL’s "Ore to Metal" integrated model drives growth via diversified, value-added products. Capex is internally funded, maintaining a conservative balance sheet.

**Recent Developments:**

New Rs. 2,700 Cr capex approved for an 0.8 MTPA Special Bar Quality (SBQ) mill and stainless steel capacity expansion (to 0.6 MTPA), both targeted for March 2029. Cold rolling mill Phase 2 commissioned in April 2026.

**Key Financial Metrics:**

For FY26, PAT was Rs. 1,061 Cr (EPS Rs. 38.1). Ended FY26 cash positive by Rs. 378 Cr, with Net Debt/EBITDA of -0.16.

**Management Commentary/Outlook:**

Management projects Revenue and EBITDA to triple over five years (15-17% revenue CAGR, 18-20% EBITDA CAGR). Growth via internal cash flow reinvestment into high-return projects, without additional capital.