Shyam Metalics and Energy’s step-down subsidiary-- SMEL Steel Structural has commenced commercial production at its Aluminium Foil facility in Sambalpur, Odisha. The facility has an installed operational capacity of 18,000 tonnes per annum (TPA) and is equipped to manufacture premium-grade foils in the thickness range of 6 to 40 microns.
Besides, the company’s Aluminium Flat Rolled Products (FRP) facility is in final readiness phase and is on track for commercial launch by September 2026, further strengthening its presence in the value-added aluminium products segment. The FRP section will have an installed capacity of 60,000 TPA and would span a thickness range of 0.3 to 4.0 mm.
The strategic foray into value-added, downstream aluminium products represents a major step in SMEL’s product diversification strategy. It addresses the critical domestic demand for precision-engineered and high-quality materials, reduces import dependence, and strengthens India’s Atmanirbhar Bharat initiative under the Make in India vision.
The commissioning of these plants-- Aluminium Foil and the FRP facility--is anticipated to enhance SMEL’s operating margins by approximately 40-50% on the back of optimised product mix and higher product realisations. It is also projected to drive robust revenue growth, expanding the company's topline by 2x to 2.5x through enhanced market reach and distribution across domestic and international markets.
Shyam Metalics and Energy is a leading integrated metal producing company based in India with a focus on long steel products and ferro alloys.
