Latest: Shyam Metalics & Energy Ltd Q2 FY27 (Jul–Sep 2026) results →This page is Q1 FY27 (Apr–Jun 2026).All Q1 FY27 results →

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Shyam Metalics & Energy Ltd

Q1 FY27

Shyam Metalics & Energy Q1 FY27 earnings call: Revenue & Margins

Q1 FY27 earnings call: what management said on revenue, margins and capex.

Price₹1,199

Market cap₹33.5K Cr

P/E29.8

Updated16 Oct 2026

Read4 min read

What the Q1 FY27 call signalled

2 of 4 strong

RevenueGood growth

MarginMargins steady

CapexCapex planned

FundraiseNo fundraise planned

The short version

Projected volume growth target of ~25% for FY27, with Q1 already showing 14% growth despite typical seasonality impacts. The company expects EBITDA growth of more than 20% for FY27, with prudent and conservative guidance despite mathematical possibilities of 30-35% growth due to new capacities and good realizations.

From Shyam Metalics & Energy Ltd's Q1 FY27 earnings-call transcript · updated 16 Oct 2026.

Revenue & Sales Performance

Good growth

Projected volume growth target of ~25% for FY27, with Q1 already showing 14% growth despite typical seasonality impacts.
Strong sales growth expected from commissioning of new capacities: flat products (color-coated plant expansion), aluminium foil facility, stainless steel bars, and CRM plants.
Aluminium business expected to regularize from Q3 FY27 onwards, contributing significantly to revenues.
Iron-making facilities and new power plants commissioning in H2 FY27 will enhance cost-efficiency and volume growth.
Flat product volumes expected to more than double in current year after commissioning expansions.
Long-term (by 2031), plans include producing 1.7-1.8 million tons of steel via backward integration, significantly boosting revenues.

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Profitability & Margins

The company expects EBITDA growth of more than 20% for FY27, with prudent and conservative guidance despite mathematical possibilities of 30-35% growth due to new capacities and good realizations.
Long-term vision aims to maintain a growth trajectory with revenue growing at a CAGR of over 20%, with EBITDA margin aspiration around 14-15%.
Specialty steel, aluminum, and stainless steel businesses are expected to drive future earnings growth, with stainless steel alone projected to grow from INR130-140 crores run rate to INR600-700 crores annually post capacity ramp-up.
Operational efficiencies, downstream integration, power plant commissioning, and improved product mix will improve margins and profitability.

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Capital Expenditure Plans

Capex planned

INR575 crores capex incurred this quarter towards ongoing expansion.
Approximately INR9,580 crores capex planned over next 3-4 years for:
Expanding flat product and specialty product capacities.
Strengthening downstream integration.
Improving margin sustainability.
Commissioned aluminium foil facility; aluminium business operational but stabilizing.
Color-coated plant commissioned in April 2026, increasing cold rolling capacity by 60%.
Planned commissioning of iron-making facilities end of Q2 or early Q3 to add value.
Power plants to be commissioned in Q2 to reduce costs.
Specialty steel long products plant (SBQ mill) expected by end of next year.
Stainless steel business expansion ongoing, targeting INR600-700 crores run rate.
Future expansion of HR (hot rolled) plant and downstream projects under Board evaluation.

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Fundraising & Capital Structure

There is an enabling resolution approved for fundraising of up to INR4,500 crores, but currently, no immediate major fundraising is planned.
The company prefers funding capex primarily through internal accruals and strong cash generation.
Management is prudent about taking on debt; they are not averse to it but prefer raising debt only if there's a mismatch between cash flow and growth requirements.
Debt is considered a fallback option; the company has maintained a conservative financial profile with lower leverage and strong liquidity.

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Order Book & Pipeline

The newly commissioned aluminium foil plant in Odisha has already secured an order book with nearly 10 months of confirmed orders.
The plant is in the process of streamlining operations and ramping up to full commercial production.
Overall, the company anticipates strong value realization from aluminium from Q3 onwards as capacity stabilizes.

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Shyam Metalics & Energy Ltd — Quarterly revenue & net profit

Revenue Net profit

Jun 2025Q1 FY26

Sep 2025Q2 FY26

Dec 2025Q3 FY26

Mar 2026Q4 FY26

Jun 2026Q1 FY27

Sep 2026Q2 FY27

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹6.0K Cr, net profit ₹511 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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What Shyam Metalics & Energy Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Shyam Metalics & Energy Ltd Q1 FY27 results?

Projected volume growth target of ~25% for FY27, with Q1 already showing 14% growth despite typical seasonality impacts. The company expects EBITDA growth of more than 20% for FY27, with prudent and conservative guidance despite mathematical possibilities of 30-35% growth due to new capacities and good realizations.

What is Shyam Metalics & Energy Ltd share price analysis?

Shyam Metalics & Energy Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 29.8 with a market cap of ₹33,454 Cr. Investors should review the full earnings analysis for detailed insights.

Is Shyam Metalics & Energy Ltd planning capital expenditure?

INR575 crores capex incurred this quarter towards ongoing expansion.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.