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Shyam Metalics And Energy Ltd (SHYAMMETL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543299 NSE: SHYAMMETL Steel & Iron Products | Small Cap | Shyam Metalics&Ener Share Price

₹1,087.80 -4.45 (-0.41%)

As on 22-Sep'26 13:33

Shyam Metalics And Energy Ltd (SHYAMMETL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543299 NSE: SHYAMMETL Steel & Iron Products | Small Cap | Shyam Metalics&Ener Share Price

₹1,087.80 -4.45 (-0.41%)

As on 22-Sep'26 13:33

Key Metrics
Valuation Multiples
Market Cap
₹30,488 Cr.
Current Price
₹1,087.8
52-Week Low / High
₹746 / 1,116
TTM EPS
₹40.2
TTM Sales
₹19,574 Cr.
Book Value per Share
₹426.2
P/E Ratio
27.14
Lower than its 5-year historical median
Industry PE
24.8
Price to Book (P/B)
2.56
Lower than its 5-year historical median
Price to Sales (P/S)
1.56
Lower than its 5-year historical median
EV/EBITDA
11.55
Lower than its 5-year historical median
Dividend Yield
0.41%
Profitability Efficiency
Return on Equity (ROE)
9.58%
Outperforms industry median
Return on Capital Employed (ROCE)
13.88%
Outperforms industry median
Return on Assets (ROA)
5.36%
Operating Profit Margin
13.6%
Net Profit Margin
5.71%
Gross Profit Margin
12.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
7.93%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
25.14%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
16.6%
Asset Quality
Promoter Holding
74.59%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹11,616 Cr.
Equity
₹279.1 Cr.
Face Value
₹10
All Time Low / High
₹253.05 / 1115.95

Shyam Metalics And Energy stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Somewhat Overvalued

Price Trend

Strong
Q.1 Is Shyam Metalics And Energy Ltd a good quality company?
Shyam Metalics And Energy Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Shyam Metalics And Energy Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Shyam Metalics And Energy Ltd vs industry peers?
Shyam Metalics And Energy Ltd revenue CAGR is 24.12%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Shyam Metalics And Energy Ltd?
Promoters hold 74.59% of the Shyam Metalics And Energy Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Shyam Metalics And Energy Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 23.81% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Shyam Metalics And Energy Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 4.2%13.5%17.3%6.4%21.3%34.5%8.3%10.4%12%12.4%-
Value Creation
Index
-0.60.20.5-0.40.91.6-0.4-0.2-0.10.1-

Growth Parameters

Sales 1,0651,7222,1512,1123,0244,6586,2646,6686,4796,9936,827
Sales YoY Gr.-61.7%24.9%-1.8%43.2%54.1%34.5%6.5%-2.8%7.9%-
Adj EPS 1.711.912.74.918.331.412.612.917.720.718.8
YoY Gr.-611.4%6.9%-61.7%276.4%71.4%-60%2.7%37%16.8%-
BVPS (₹) 54.566.979.383.8100.9143.1151201.5216.1232236.3
Adj Net
Profit
39.1277297114428801321359493575524
Cash Flow from Ops. 11631339315.8599714562505278690-
Debt/CF from Ops. 2.71.11.144.10.50.30.70.20.70.3-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 23.3%18.3%3.7%7.9%
Adj EPS 32.3%2.4%18%16.8%
BVPS17.5%18.1%15.4%7.4%
Share Price - 23.7% 35.8% 18.4%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
3.119.617.4619.926.78.67.68.59.38
Op. Profit
Mgn %
11.617.621.215.421.524.28.49.71213.713.3
Net Profit
Mgn %
3.716.113.85.414.217.25.15.47.68.27.7
Debt to
Equity
0.20.20.20.40.10.10.1000-
Working Cap
Days
14111510716414410811315417918377
Cash Conv.
Cycle
5445436258423323313929

Valuation of Shyam Metalics&Ener - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales2,1963,7534,6064,3766,29710,39412,65813,19515,15918,552
Operating Expenses + 1,9233,0533,6623,7154,9567,84911,15911,62513,29416,219
Manufacturing Costs2173715046376488801,3961,3301,4711,581
Material Costs1,4832,3752,7862,6783,8336,3138,9709,47910,94113,353
Employee Cost 67106145168188247315369434507
Other Costs 156200226231287409477448447779
Operating Profit 2737009456611,3412,5451,4991,5701,8642,333
Operating Profit Margin (%) 12.4%18.7%20.5%15.1%21.3%24.5%11.8%11.9%12.3%12.6%
Other Income + 7780781677115104159232204
Exceptional Items 0000000000
Interest 52496486622393133144192
Depreciation 213215195297300272474656711882
Profit Before Tax 865197642951,0552,3641,0379401,2411,462
Tax 5-11127-45211640193-89332402
Profit After Tax 815306373408441,7248431,0299091,060
PAT Margin (%) 3.7%14.1%13.8%7.8%13.4%16.6%6.7%7.8%6.0%5.7%
Adjusted EPS (₹)3.118.225.914.636.167.633.437.232.638.5
Dividend Payout Ratio (%)0%0%0%0%12.60%7.30%13.50%12.10%13.80%11.70%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 1,3891,8562,4902,8263,6345,8357,2769,68510,57911,544
Share Capital 4747234234234255255278278278
Reserves 1,3421,8092,2562,5933,4005,5807,0219,40710,30011,265
Debt +5934806561,0507855151,142483696894
Long Term Debt24020221335112012633226915597
Short Term Debt353279443699665389810215541797
Minority Interest4142104444386671725834
Trade Payables2244473115833671,1941,5382,3692,9174,865
Others Liabilities 6034775925706238781,7521,8072,9563,532
Total Liabilities 3,2233,4704,0525,0335,4138,42512,09315,01617,87221,669

Fixed Assets

Net Fixed Assets +1,7511,7441,7742,0121,8022,4553,3113,9956,3578,134
Gross Block2,1902,3712,5973,1283,2184,1586,0167,32410,39513,055
Accumulated Depreciation4396288221,1161,4161,7032,7063,3284,0394,921
CWIP 212913582355067682,7693,7642,7082,792
Investments 1111952741442821,0361,4742,2622,1181,582
Inventories3925547321,4871,0302,0572,2142,1682,9854,501
Trade Receivables273376213159534376609708793905
Cash Equivalents 9153981213243261905068106
Others Assets 3934576048749351,4071,5252,0682,8433,649
Total Assets 3,2233,4704,0525,0335,4138,42512,09315,01617,87221,669
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 135503457-911,0561,5611,5181,7941,7132,024
PBT 865197642951,0552,3641,0379401,2411,462
Adjustment 2112382243703182244786986531,057
Changes in Working Capital -146-140-364-702-128-454242334-148-165
Tax Paid -17-114-168-55-189-573-239-177-33-331
Cash Flow From Investing Activity + 102-156-567-420-499-1,800-1,944-2,762-1,654-1,939
Capex -6-99-488-564-361-940-1,905-1,888-2,148-2,637
Net Investments 102-81-69133-127-739-236-536371589
Others 624-1011-11-121196-338124109
Cash Flow From Financing Activity + -222-404112531-423167424916-36-50
Net Proceeds from Shares 7000062601,37951
Net Proceeds from Borrowing 000005199-64-116-72
Interest Paid -52-48-63-86-62-22-72-133-134-190
Dividend Paid 0000-43-184-114-46-138-112
Others -177-356176617-318-259411-220346323
Net Cash Flow 14-57220134-72-1-512434
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)5.9132.6429.3112.826.1136.4212.8712.138.979.58
ROCE (%)6.4925.0629.4210.6726.7444.2515.2711.4912.8413.88
Asset Turnover Ratio0.741.151.220.961.211.51.230.970.920.94
PAT to CFO Conversion(x)1.670.950.72-0.271.250.911.81.741.881.91
Working Capital Days
Receivable Days31.1030.7023.3015.5020.101614.2018.2018.1016.70
Inventory Days55.5044.905192.507354.2061.6060.606273.70
Payable Days46.5051.6049.6060.9045.2045.1055.6075.2088.20106.40

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Shyam Metalics And Energy Ltd FAQs

The current trading price of Shyam Metalics&Ener on 22-Sep-2026 13:33 is ₹1,087.8.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Sep-2026 the market cap of Shyam Metalics&Ener stood at ₹30,488.2 Cr

The latest P/E ratio of Shyam Metalics&Ener as of 21-Sep-2026 is 58.16.

The latest P/B ratio of Shyam Metalics&Ener as of 21-Sep-2026 is 4.62.

The 52-week high of Shyam Metalics&Ener is ₹1,116 and the 52-week low is ₹745.6.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shyam Metalics&Ener is ₹6,827 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Shyam Metalics And Energy Ltd is a average quality company.

The key valuation ratios of Shyam Metalics And Energy Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Shyam Metalics And Energy Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Shyam Metalics And Energy Ltd

Shyam Metalics and Energy is one of India’s leading integrated metal producers, with a diversified portfolio spanning carbon steel, stainless steel, ferroalloys, aluminium foil and allied downstream products. The company operates on an integrated Ore-to-Metal model, serving infrastructure, construction, engineering, transportation, packaging, industrial and export markets through a broad range of intermediate and finished products.

Manufacturing operations are strategically located across key mineral and industrial regions, supported by captive power generation, railway sidings and dedicated logistics infrastructure. This configuration strengthens cost competitiveness, enhances operating reliability and provides the flexibility to serve both captive and merchant demand across product categories. Its growing presence in cold rolled products, stainless steel, aluminium foil, speciality steel and railway-linked applications marks a deliberate shift towards premiumisation, product diversification and long-term margin resilience.

Business area of the company 

The company offers one of the most comprehensive product portfolios in India's metal industry covering finished products, raw materials, and value-added metals. With a strong focus on quality, versatility, and sector relevance, the company serves diverse industries including infrastructure, construction, automotive, engineering, railways, and renewables.

Products

Iron & Steel

  • Ferro Alloys
  • Carbon Steel
  • Stainless Steel
  • Flat Steel

Aluminium

  • Bare Aluminium Foil
  • Sell Tiger Foil
  • Fin Stoks
  • Battery Foil

Energy and Others

  • Renewable Power
  • Captive Power
  • Railway Wagons

Awards, Accreditations and Recognition

  • 2019: Renewed certification from DNV GL Business Assurance UK Limited in relation to the quality management standard ISO 9001:2005 for Sambalpur manufacturing plant.
  • 2019: Renewed certification from DNV GL Business Assurance UK Limited in relation to the environmental management standard ISO 14001:2015 for Sambalpur manufacturing plant.
  • 2019: Renewed certification from DNV GL Business Assurance UK Limited in relation to the environmental management standard ISO 14001:2015 for Jamuria manufacturing plant.
  • 2019: Renewed certification from DNV GL Business Assurance UK Limited in relation to the quality management standard ISO 9001:2005 for Jamuria manufacturing plant.
  • 2019: Achieved a 4.5star rating in 2019 in the ‘large scale category’ of Energy Conservation Awards, CII Eastern Region. 
  • 2019: Zee Business Award 2019
  • 2023: Shyam Metalics has been awarded as the “Best Employer” for Employee Well-Being Category at the World HRD Congress awards for the year 2023. 
  • 2023-24: Shyam Metalics & Energy accorded the status of 2 star export house in accordance with the provisions of the Foreign Trade Policy.
  • 2023-24: Honoured to be awarded and recognized as an outstanding workplace environment 2023-24 by HR Association of India.
  • 2025: The India Philantrophy Awards
  • 2025: Global Awards for Leadership & Excellence
  • 2026: Shyam Metalics has been awarded the Great Place To Work certification. 

Milestones/ History

  • 1991: Incorporation of Shyam SEL and Power Ltd. (SSPL)
  • 2002: Incorporation of Shyam Metalics and Energy Limited
  • 2002: Commenced commercial production at Mangalpur Plant with 0.06 MTPA capacity
  • 2013: Commercial operations began at Sambalpur (Sponge Iron - 0.3 MTPA) and Jamuria (Iron Pellets, Billets, Sponge Iron - 0.59 MTPA)
  • 2013: Sponge Iron capacity expanded
  • 2014: Expanded Ferro Alloys and Sponge Iron capacities at Sambalpur
  • 2014: Captive Railway Siding established at Jamuria, West Bengal
  • 2015: Captive railway siding operational at Sambalpur
  • 2015: Additional captive power plant and production capacity enhancement (sponge iron, billets, ferro alloys) at Jamuria
  • 2016: Billets capacity increased at Sambalpur by 0.27 MTPA
  • 2016: Expanded Iron Pellets and Billets capacity at Jamuria by 0.80 MTPA
  • 2017: Expanded Sponge Iron and Billets capacity at Sambalpur by 0.96 MTPA
  • 2017: Total installed capacity reached 2.90 MTPA
  • 2019: Expanded capacities for Sponge Iron, Billets, TMT, Wire Rods, Long Products, and Ferro Alloys at Sambalpur and Jamuria; Captive Power expanded by 94 MW
  • 2020: Pellet capacity expanded by 1.2 MTPA and captive power by 118 MW at Sambalpur
  • 2020: Combined capacity at Jamuria increased by 2.64 MTPA
  • 2020: Total capacity reached 5.71 MTPA
  • 2021: Further expansion in TMT and Wire Rods
  • 2021: Launched IPO and listed on NSE and BSE
  • 2022: Post-IPO capacity reached 8.12 MTPA
  • 2022: Launched SEL Tiger TMT ReBars and SEL Tiger Grills N Steels
  • 2023: Aggregate metal capacity surpassed 13.20 MTPA
  • 2023: Captive Power reached 377 MW (incl. 4 MW solar); Forayed into Coil TMT
  • 2023: Acquired Ramsarup Industries
  • 2023: FPO launched
  • 2023: GPTW certified
  • 2024: Entered food-grade aluminium foil manufacturing
  • 2024: Forayed into cold rolling mill for colour-coated and galvanised sheets (2,50,000 TPA)
  • 2024: Began manufacturing stainless steel wire rods and bright bars
  • 2024: Commissioned DRI Plant (1,50,000 TPA) Blast Furnace (7,70,000 TPA), Sinter, Coke Oven, 20 MW Captive Power at Ramsarup Aggregate metal capacity surpassed 15.13 MTPA.
  • 2025: Enters into the manufacturing of crash barriers -- a roadside safety structure made up of materials like steel or concrete.
  • 2025: Shyam Metalics and Energy’s step-down subsidiary -- Ramsarup Industries commissioned its Modern Blast Furnace along with Linear Sinter Plant and started its commercial production from December 30, 2025.
  • 2026: Shyam Metalics and Energy’s step-down subsidiary-- Shyam Sel and Power (SSPL) successfully commissioned the Phase II of its Cold Rolling Mill (CRM) Facility for Colour Coated Sheets at its plant in Jamuria.
  • 2026: Acquired 26% equity share capital in Emerge Green Power (EGPPL) and consequently become an Associate company of the Company.
  • 2026: Shyam Metalics and Energy’s wholly owned subsidiary -- Shyam Sel and Power commissioned 8.90 MWp Solar Power Project at its manufacturing plant located in Jamuria, West Bengal, for captive consumption to optimize operational power costs and support green energy integration.
  • 2026: Commissioned new 1.5 MTPA (Million Tonnes Per Annum) Beneficiation Plant in Sambalpur (Odisha).

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