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Shyam Metalics and Energy Ltd

SHYAMMETL

Shyam Metalics and Energy Ltd

SHYAMMETL
MaterialsIron & Steel
SmallcapWith a market cap of ₹21,286 cr, stock is ranked 318
Moderate RiskStock is 2.82x as volatile as Nifty
750.152.02% (-15.45)
750.152.02% (-15.45)

Price Chart

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Low
Returns
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1W
1M
1Y
5Y
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1D
1W
1M
1Y
5Y
Max
SIP
MaterialsIron & Steel
SmallcapWith a market cap of ₹21,286 cr, stock is ranked 318
Moderate RiskStock is 2.82x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

MaterialsIron & Steel
SmallcapWith a market cap of ₹21,286 cr, stock is ranked 318
Moderate RiskStock is 2.82x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
25.422.060.59%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
27.343.111.49%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 5 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Shyam Metalics & Energy is manufacturer of steel billets, Ferro alloys, sponge iron, iron pellets and TMT and structural products and pipes.

Investor Presentation

View older 

Nov 7, 2024

PDF
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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 23.31%, vs industry avg of 9.86%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.88% to 1.7%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 11.36%, vs industry avg of 4.95%

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Financial YearFY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue3,827.444,684.604,388.206,321.0610,454.1112,762.7113,354.3214,383.69
Raw Materialssubtract2,425.072,811.392,781.483,784.326,493.419,212.219,624.8712,423.74
Power & Fuel Costsubtract96.74147.25247.14252.17288.91697.54574.50
Employee Costsubtract106.45145.03168.36188.14246.56315.45368.52
Selling & Administrative Expensessubtract129.90142.33166.99223.09327.80320.04305.86
Operating & Other expensessubtract287.98415.69346.29455.58437.54613.42751.45
Depreciation/Amortizationsubtract215.05194.58296.68300.36272.40473.97656.04601.28
Interest & Other Itemssubtract48.8664.4385.8962.4623.1693.18133.28118.25
Taxes & Other Itemssubtract93.02159.78-44.87211.60639.79184.22-94.99402.94
EPS18.1725.8614.5636.1070.5833.4338.8230.12
DPS0.000.000.004.954.951.804.502.70
Payout ratio0.000.000.000.140.070.050.120.09

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 18PDF
Mar 15PDF
FY 2023

Annual report

PDF

Investor Presentation

May 25PDF
May 24PDF
Feb 14PDF
+2 more
FY 2024

Annual report

PDF

Investor Presentation

Aug 19PDF
Jul 27PDF
FY 2025

Annual Report Pending

Investor Presentation

Nov 7PDF
 

Peers & Comparison

Comparing 3 stocks from 
MaterialsIron & Steel

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Shyam Metalics and Energy Ltd20.572.060.59%
JSW Steel Ltd24.472.701.03%
Tata Steel Ltd-34.581.662.93%
Jindal Steel And Power Ltd14.941.980.23%

Price Comparison

Compare SHYAMMETL with any stock or ETF
Compare SHYAMMETL with any stock or ETF
SHYAMMETL
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Increased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has increased by 1.23%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding74.59%1.29%4.90%3.48%15.74%

Jan 2024

Mar 2024

Jun 2024

Sep 2024

Shareholding History

SepDec '23JanMarJunSep1.83%1.98%3.21%2.35%2.25%3.48%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Shyam Metalics and Energy Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Invesco India Contra Fund - Growth - Direct Plan

Growth
0.8068%0.95%-0.24%43/73 (-9)
Aditya Birla Sun Life Manufacturing Equity Fund - Growth - Direct Plan

Growth
0.0904%1.62%-1.07%14/76 (-5)
SBI FUNDS MANAGEMENT PVT LTD#SBI MF-SBI MAGNUM COMMA FUND DIRECT PL GROWTH

Growth
0.0782%2.60%-0.71%18/31 (-4)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Shyam Metalics and Energy Ltd

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateAug 30, 2024

Final
Final | Div/Share: ₹2.70

Dividend/Share

2.70

Ex DateEx Date

Aug 30, 2024

Cash Dividend

Ex DateEx DateJun 5, 2023

Interim
Interim | Div/Share: ₹1.80

Dividend/Share

1.80

Ex DateEx Date

Jun 5, 2023

Cash Dividend

Ex DateEx DateSep 16, 2022

Final
Final | Div/Share: ₹2.70

Dividend/Share

2.70

Ex DateEx Date

Sep 16, 2022

Cash Dividend

Ex DateEx DateAug 11, 2022

Interim 1
Interim 1 | Div/Share: ₹1.80

Dividend/Share

1.80

Ex DateEx Date

Aug 11, 2022

Cash Dividend

Ex DateEx DateFeb 18, 2022

Interim
Interim | Div/Share: ₹2.25

Dividend/Share

2.25

Ex DateEx Date

Feb 18, 2022

News & Opinions
Spotlight
Shyam Metalics gains after stainless steel production climbs 59% in Dec'24

However, the average realisation of stainless steel deceresed 6% YoY to Rs 1,22,681 per MT in December 2024. The production of aluminium foil jumped 32% YoY to 1,910 MT with the average realisations increased by 11% YoY to Rs 3,56,235 /MT in December 2024. Speciality alloys production stood at 14,502 MT in December 2024, marking a 7% (YoY) increase. However, the average realisation decreased 6% YoY to Rs 89,628 /MT. Carbon Steel production rose 11% YoY to 1,58,333 MT and average realisation slipped 5% to Rs 42,988 /MT in December 2024. The sponge iron production fell 31% to 74,305 MT in December 2024 from 1,07,198 MT in December 2023 and average realisation shed 6% YoY to Rs 24,410 /MT in December 2024. Pellet production increased by 42% (YoY) to 87,114 MT in December 2024, while the average realisation saw a 5% YoY decline to Rs 8,687 /MT. Pig iron production zoomed by 772% to 24,594 MT in December 2024 in terms of sales volumes. However, the average realisation decreased by 5% month-on-month (MoM), reaching to Rs 33,595 /MT. CR Coil/CR Sheets production surged by 69% to 1,932 MT in December 2024 in terms of sales volume. Additionally, the average realisation rose by 14% to Rs 68,057 /MT. Shyam Metalics and Energy is a leading integrated metal producing company based in India with a focus on long steel products and ferro alloys. The company is amongst the largest producers of ferro alloys, one of the leading players in terms of pellet capacity and the fourth largest player in the sponge iron industry in terms of sponge iron capacity in India. The company's consolidated net profit dropped 55.3% to Rs 215.68 crore in Q2 FY25 as against Rs 481.97 crore posted in Q2 FY24. However, revenue from operations jumped 23.6% YoY to Rs 3,634.02 crore in the quarter ended 30 September 2024. Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
Volumes soar at Shyam Metalics & Energy Ltd counter

Asahi India Glass Ltd, Saregama India Ltd, Avenue Supermarts Ltd, Sapphire Foods India Ltd are among the other stocks to see a surge in volumes on NSE today, 03 January 2025.Shyam Metalics & Energy Ltd recorded volume of 40.52 lakh shares by 14:14 IST on NSE, a 14.81 times surge over two-week average daily volume of 2.74 lakh shares. The stock gained 4.03% to Rs.772.45. Volumes stood at 5.07 lakh shares in the last session.Asahi India Glass Ltd registered volume of 9.03 lakh shares by 14:14 IST on NSE, a 14.35 fold spurt over two-week average daily volume of 62922 shares. The stock slipped 2.34% to Rs.735.05. Volumes stood at 31914 shares in the last session.Saregama India Ltd saw volume of 58.35 lakh shares by 14:14 IST on NSE, a 13.5 fold spurt over two-week average daily volume of 4.32 lakh shares. The stock increased 13.88% to Rs.544.65. Volumes stood at 3.19 lakh shares in the last session.Avenue Supermarts Ltd recorded volume of 83.25 lakh shares by 14:14 IST on NSE, a 11.06 times surge over two-week average daily volume of 7.52 lakh shares. The stock gained 12.21% to Rs.4,051.90. Volumes stood at 5.66 lakh shares in the last session.Sapphire Foods India Ltd clocked volume of 38.03 lakh shares by 14:14 IST on NSE, a 8.81 times surge over two-week average daily volume of 4.32 lakh shares. The stock gained 1.22% to Rs.345.65. Volumes stood at 2.84 lakh shares in the last session.Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Shyam Metalics & Energy receives upgrade in ratings for LT bank facilities

Shyam Metalics & Energy has received revision in credit ratings from CRISIL as under: Long term bank facilities - CRISIL AA/ Positive (upgraded) Short term bank facilities - CRISIL A1+ (reaffirmed) Rs 50 crore commercial paper - CRISIL A1+ (reaffirmed) Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Shyam Metalics & Energy consolidated net profit declines 55.48% in the September 2024 quarter

Net profit of Shyam Metalics & Energy declined 55.48% to Rs 215.50 crore in the quarter ended September 2024 as against Rs 484.09 crore during the previous quarter ended September 2023. Sales rose 23.58% to Rs 3634.02 crore in the quarter ended September 2024 as against Rs 2940.70 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales3634.022940.70 24 OPM %11.1910.44 - PBDT450.77309.94 45 PBT306.80133.40 130 NP215.50484.09 -55 Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Shyam Metalics commissions new blast furnace and sinter plant at Jamuria unit

Shyam Metalics & Energy has officially commissioned a new blast furnace and launched a sinter plant at its Jamuria facility. With an investment of Rs. 600 crore, this significant new development aims to expand production capabilities to meet the growing demand for high-quality steel products across various industries. The newly commissioned blast furnace has a capacity of 0.77 million tonnes per annum (MTPA), substantially increasing the plant's production capability. This blast furnace, with a volume of 550 cubic meters, is equipped with three top-fired stoves, modern coal dust injection technology, and a dry gas cleaning plant to optimize the steelmaking process. This enhancement is anticipated to boost steel production by 0.77 MTPA and improve margins by approximately Rs. 700/MTPA.Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Shyam Metalics gains on capacity expansion

The company invested Rs 600 crore in this expansion project, which is aimed at boosting its production capacity and meeting the rising demand for high-quality steel products. The new blast furnace, with a capacity of 0.77 million tonnes per annum (MTPA), is equipped with advanced technology to optimize steel production. This enhancement is anticipated to improve margins by approximately Rs 700/MTPA. The company has also launched a sinter plant with a capacity of 1.11 MTPA to process iron ore fines. This will enhance operational efficiency and reduce production costs. Brij Bhushan Agarwal, vice chairman & managing director of Shyam Metalics and Energy, stated, At Shyam Metalics, we have always strived for effective and continuous growth plans. The new blast furnace and sinter facility will improve India's steel production capability. This development demonstrates our commitment to encouraging industrial growth and creating employment opportunities in the region. Shyam Metalics is a leading Indian steel company focused on long steel products and ferro alloys. It's one of India's largest producers of ferro alloys and a major player in the sponge iron industry. On a consolidated basis, net profit of Shyam Metalics & Energy rose 36.29% to Rs 278.14 crore on 8.36% rise in net sales to Rs 3611.61 crore in Q1 June 2024 over Q1 June 2023. Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Shyam Metalics & Energy announces board meeting date

Shyam Metalics & Energy will hold a meeting of the Board of Directors of the Company on 7 November 2024Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Shyam Metalics & Energy announces demise of director

Shyam Metalics & Energy announced the sudden demise of Yudhvir Singh Jain (DIN: 06507365), Independent Director of the Company on 24 October 2024. Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Shyam Metalics commences operations of coke oven plant at Jamuria, West Bengal

Shyam Metalics and Energy announced the commencement of operations at its advanced Coke Oven Plant in Jamuria, West Bengal. The new facility began production, reflecting a significant step forward in the company's expansion and sustainability goals. Backward integration will enhance the company's bottom line by reducing costs and increasing control over the supply chain. The coke oven plant which was heated for commissioning has begun receiving raw materials. It is comprised of two batteries, each containing 35 ovens. The factory will largely employ coal imported from Australia, Indonesia, and Russia to create high-quality coke. This coke will be used in Shyam Metalics' blast furnace, sinter plant, and ferroalloys facility, increasing production efficiency and quality across all facilities. The new plant's eco-friendly features are one of its major highlights. The plant complies with strict environmental regulations and is friendly to the environment with its non-recovery type coke oven design, which ensures zero emissions. Furthermore, the waste heat recovery boiler (WHRB) facility will catch and use the flue gas released during the coke production process to generate electricity, increasing the plant's efficiency and reducing its impact on the environment.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Shyam Metalics sets up new Cold Rolling Mill (CRM) in Jamuria, West Bengal

Shyam Metalics & Energy announced the expansion of its production capabilities with the establishment of a state-of-the-art Greenfield Cold Rolling Mill (CRM) in Jamuria, West Bengal. This strategic investment highlights Shyam Metalics' commitment to enhancing its product portfolio and extending its reach in both domestic and international markets. The facility commenced trial run under Shyam Metalics Flat Product, a wholly owned stepdown subsidiary of SMEL. It is in line with government industrial policies and supports the company's strategic strategy. With a total capacity of 400,000 tons annually, the new Cold Rolling Mill is a cutting-edge establishment. The project has a total capital cost of Rs 603 crore, with Rs 346 crore invested and Rs 257 crore pending. The mill will specialize in producing pre-painted galvalume coils (PPGL) and coils of galvanized iron/galvanized steel (GI/GL). With this expansion, Shyam Metalics will be able to produce steel products of the highest caliber and further strengthen its integrated steel manufacturing capabilities. Powered by Capital Market - Live

3 months agoCapital Market - Live