Shyam Metalics & Energy Ltd Share Price

Steel - Large

NSE: SHYAMMETL Small Cap ISIN: INE810G01011

As on 22 January 2025 at 15:58 IST

₹800.95

-17.20

(-2.10%)

Sell Buy

About Shyam Metalics & Energy Ltd

Shyam Metalics & Energy Ltd. (SMEL) is a prominent Indian metal-producing company. It specializes in the production of long-product structural steel and sponge iron. SMEL operates within the iron and steel sector, focusing on providing end-to-end solutions with integrated capabilities. It was founded in the year 1991. The company's headquarters is in Kolkata, West Bengal, India. Shyam Metalics' main products include wire rods and aluminium sheets. The company is known for its significant production capacity and its ability to sell both intermediate and final products across the steel value chain. Read More...

Over 1 Month

10.31%

Over 6 Months

21.65%

Over 1 Year

21.78%

Over 3 Years

140.35%

Shyam Metalics & Energy Ltd Summary

Close ₹ 800.95

Open ₹ 825.05

High ₹ 827

Low ₹ 782.65

Volume 4,05,197

Net Turnover (in ₹) ₹ 32,44,07,548.85

52Wk High ₹ 956.90

52Wk Low ₹ 511.20

52Wk High / Low

511.20

956.90

Shyam Metalics & Energy Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 22,837.17

EPS (TTM) 16.54

Book Value (BV) 211.21

Div. Yield 0.55 %

P/E (TTM) 49.43

Price/Book Value 3.87

Delivery % 21.05 %

Face Value 10

Key Ratios

PE Ratio 46.74

PB Ratio 2.95

EV to Sales 2.48

PEG Ratio 5.95

ROA 6.17

ROE 7.46

Debt-Equity 0.05

Net Profit Margin 5.27

Operating Profit Margin 10.99

Shyam Metalics & Energy Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	13,354.20	12,762.54	10,453.97	6,320.79	4,395.30
Total Expenses	12,414.52	11,725.81	8,089.78	5,266.12	4,099.86
Profit Before Tax	939.80	1,036.90	2,364.33	1,054.94	295.46
Profit After Tax	1,029	843.49	1,724.18	843.54	340.33
Operating Profit after Depreciation	1,072.96	1,129.91	2,387.35	1,117.13	381.32

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	3,995.49	3,310.71	2,454.62	1,802.21	2,012.02
Total Non Current Assets	9,335.53	7,428.41	3,751.30	2,680.55	2,618.92
Total Current Assets	5,088.30	4,218.15	4,673.72	2,739.37	2,584.87
TOTAL ASSETS	14,423.83	11,646.56	8,425.02	5,419.92	5,203.79
Total Shareholder's Fund	9,646.67	7,275.96	5,834.67	3,634.02	2,825.97

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	1,794.38	1,518.33	1,561.20	1,056.17	-91
Net Cash used in Investing Activities	-2,761.60	-1,943.92	-1,799.94	-498.64	-419.91
Net Cash used in Financing Activities	915.85	424.48	166.80	-423.39	530.71

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	6,764.85	6,319.29	4,753.58	3,073.96	2,115.71
Total Expenses	6,308.81	6,021.92	3,641.31	2,544.49	2,015.23
Profit Before Tax	456.04	297.37	1,112.27	529.47	100.48
Profit After Tax	351.40	299.03	810.27	438.90	105.35
Operating Profit after Depreciation	513.97	335.16	1,121.23	568.19	157.23

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	1,378.48	1,355.38	962.48	808.23	954.81
Total Non Current Assets	3,847.65	3,540.50	2,723.94	2,137.24	2,114.89
Total Current Assets	3,416.38	1,924.89	2,074.28	1,136.70	1,239.68
TOTAL ASSETS	7,264.03	5,465.39	4,798.22	3,273.94	3,354.57
Total Shareholder's Fund	5,564.92	3,851.05	3,650.18	2,357.17	1,957.95

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	505.23	562.33	713.80	599.37	15.81
Net Cash used in Investing Activities	-1,519.28	-620.74	-989.11	-114.05	-206.74
Net Cash used in Financing Activities	991.81	61.68	295.73	-466.25	191.19

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	3,634.02	3,611.61	3,606.20	3,315.29	2,940.70
Total Expenses	3,227.42	3,123.88	3,164.51	2,907.93	2,633.59
Profit Before Tax	306.80	376.13	331.85	225.64	133.40
Profit After Tax	215.68	278.12	219.94	125.80	481.97
Operating Profit after Depreciation	481.24	538.64	492.76	447.31	345.37

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	1,694.43	1,558.67	1,758.92	1,757.51	1,455.85
Total Expenses	1,523.69	1,316.86	1,581.94	1,592.83	1,333.38
Profit Before Tax	147.20	224.37	148.63	111.52	65.25
Profit After Tax	108.36	162.86	110.31	80.04	50.72
Operating Profit after Depreciation	213.98	286.03	213.67	188.19	139.83

Shyam Metalics & Energy Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 802.28

S2 786.42

S3 772.33

Pivot 816.37

R1 832.23

R2 846.32

R3 862.18

Moving Average

20 SMA 763.10

50 SMA 797.66

100 SMA 833.41

200 SMA 749.07

Shyam Metalics & Energy Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Shyam Metalics & Energy Ltd

₹2.7/Share

Announcement Date 30 Aug 2024

Record Date 30 Aug 2024

Div Yield 27%

AGM Date: 26 Sep 2022

AGM 26/09/2022 Please find attached herewith the outcome of the Board Meeting. (As Per BSE Announcement Dated on 02.08.2022) Pursuant to Regulation 33, the Board Approved the Un-audited Financial Results (both Standalone and Consolidated) of the Company for the Quarter ended 30th June, 2022, duly reviewed and recommended by the Audit Committee along with Limited Review Report as issued by M/s S K Agrawal and Co Chartered Accountants LLP, Chartered Accountants, the Statutory Auditors of the Company. A copy of the said results together with the Limited Review Report for Quarter ended 30th June, 2022 are enclosed herewith. These are also being made available on the website of the Company at www.shyammetalics.com (As Per BSE Announcement dated on 03.08.2022) This is in furtherance to our letter dated 02nd August, 2022, we hereby inform you that the 20th Annual General Meeting of the Company will be held on Monday, 26th September, 2022 at 3:00 P.M through Video Conferencing (VC)/Other Audio-Visual means (OAVM). In continuation to the aforesaid letter and in compliance with Regulation 30 and 34 of the Listing Regulations (as amended), we are enclosing herewith the Annual Report of the company for the Financial Year 2021-22 incorporating Notice of the 20th Annual General Meeting (including e-voting instructions). This is in furtherance to our letter dated 02nd August, 2022, we hereby inform you that the 20th Annual General Meeting of the Company will be held on Monday, 26th September, 2022 at 3:00 P.M through Video Conferencing (VC)/Other Audio-Visual means (OAVM) In continuation to the aforesaid letter and in compliance with Regulation 30 and 34 of the Listing Regulations (as amended), we are enclosing herewith the Annual Report of the company for the Financial Year 2021-22 incorporating Notice of the 20th Annual General Meeting (including e-voting instructions). (As per BSE Announcement Dated on 1/9/2022) Proceeding of 20th Annual General Meeting of Company held through Video Conferencing or Other Audio-Visual Means (VC/OAVM) under Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 (As Per BSE Announcement dated on 27.09.2022) Pursuant to Regulation 44(3) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and Notice of 20th Annual General Meeting dated 02nd August, 2022, we enclose herewith the Results in respect of resolutions contained in the said AGM Notice. The Mode of voting for all resolutions was E-voting conducted between 23rd September, 2022 at 9:00 a.m. (IST) and Voting end date: 25th September, 2022 at 5:00 p.m. and during the 20th Annual General Meeting. Copy of Consolidated Report on Voting submitted by the Scrutinizer, Mr. Raj Kumar Banthia, Practicing Company Secretary is enclosed herewith for your reference and record. Based on this report, the Vice-Chairman today announced the results and declared that all the items of the Agenda as contained in the Notice of AGM have been passed with requisite majority. Voting Result as required under Regulation 44 of the SEBI (LODR) Regulations, 2015 is as mentioned below: You are requested to take the same on record. (As per BSE Announcement Dated on 28/9/2022)

AGM Date: 21 Sep 2023

Unaudited Financial Results (Standalone and Consolidated) of the Company for the First Quarter ended June 30, 2023 The Record date for the purpose of AGM has been fixed as 14th September, 2023 Notice and Annual Report of 21st Annual General Meeting of the Company to be held on Thursday, 21st September, 2023. Annual Report of 21st Annual General Meeting of the Company scheduled to be held on Thursday, 21st September, 2023 (As Per BSE Announcement Dated on 29/08/2023) Proceedings of the 21st AGM held on 21st September, 2023 through VC/OAVM under Regulation 30 of SEBI (LODR) Regulations, 2015 E-Voting Results along with Scrutinizer''s Report for the 21st AGM of Shyam Metalics And Energy Limited. (As per BSE Announcement Dated on 21/09/2023)

AGM Date: 06 Sep 2024

AGM 06/09/2024 Pursuant to Regulation 30, 33 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Board of Directors of Shyam Metalics and Energy Limited ('the Company') at its meeting held today i.e. 30th July, 2024 inter-alia considered and approved 1. Financial Results, 2. Date of AGM and Draft Notice Approval, 3. Approval of Book Closure and Record date, 4. Appointment of Scrutiniser for AGM Evoting (As Per BSE Announcement dated on 30.07.2024) Proceedings of 22nd AGM of the Company held through VC/OAVM under Regulation 30 of SEBI (LODR) regulations, 2015. (As per BSE Announcement dated on 06/09/2024) Submission of Scrutinizer''s Report along with the Voting Results under Regulation 44 of SEBI (LODR) Regulations, 2015. (As per BSE Announcement Dated on 07/09/2024)

Shyam Metalics & Energy Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Shyam Metalics & Energy Ltd	₹817.65	₹22,823.22
JSW Steel Ltd	₹926.45	₹2,26,559.08
Tata Steel Ltd	₹129.65	₹1,61,848.93
Jindal Steel & Power Ltd	₹918.70	₹93,715.49
Tube Investments of India Ltd	₹3,373	₹65,259.70
Jindal Stainless Ltd	₹633.35	₹52,173.45

Shyam Metalics & Energy Ltd News

Shyam Metalics & Energy to discuss results

On 28 January 2025

15 Jan 2025, 10:53 am

Shyam Metalics gains after stainless steel production climbs 59% in Dec'24

Shyam Metalics and Energy advanced 2.06% to Rs 777 after the company announced that its stainless steel production surged 59% YoY to 7,889 MT in December 2024 as compared with 4,960 MT produced in December 2023.

07 Jan 2025, 12:44 pm

Volumes soar at Shyam Metalics & Energy Ltd counter

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

03 Jan 2025, 02:30 pm

Shyam Metalics & Energy receives upgrade in ratings for LT bank facilities

From CRISIL

13 Nov 2024, 02:53 pm

Shyam Metalics commissions new blast furnace and sinter plant at Jamuria unit

05 Nov 2024, 07:07 pm

Shyam Metalics & Energy Ltd Stock Analysis

Annual revenue for Shyam Metalics & Energy Ltd increased by 7.05% to ₹6,764.85 crore in FY 2024 from ₹6,319.29 crore in FY 2023.
Annual Net Profit for Shyam Metalics & Energy Ltd increased by 17.51% to ₹351.40 crore in FY 2024 from ₹299.03 crore in FY 2023.
Promoter Shareholding in Shyam Metalics & Energy Ltd remains unchanged by 0.00% in the most recent quarter, from 74.59% in September 2024 to 74.59% in December 2024.
Shyam Metalics & Energy Ltd delivered a 1-year return of 21.78% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
Shyam Metalics & Energy Ltd share price moved down by 2.10% from its previous close of INR ₹818.15. The latest Shyam Metalics & Energy Ltd share price is INR ₹800.95.
Shyam Metalics & Energy Ltd share price today has been at a low of 782.65 and a high of 827. Over the past 52 weeks, the Shyam Metalics & Energy Ltd share price has seen a low of 511.20 and a high of 956.90.

About Shyam Metalics & Energy Ltd

Shyam Metalics & Energy Ltd. (SMEL) is a prominent Indian metal-producing company. It specializes in producing long-product structural steel, ferroalloys, pellets, and sponge iron. SMEL operates in the iron and steel sector, offering integrated, end-to-end solutions.

Founded in 1991, Shyam Metalics has been in business for decades. The company's headquarters is in Kolkata, West Bengal, India. The promoters of the company include Subham Buildwell Pvt Ltd, with a 21.86% stake. Mahabir Prasad Agarwal serves as the Chairman of the company. There is also a team of managerial promoters who manage the operations of the company. They are-

Brij Bhushan Agarwal
Sanjay Kumar Agarwal
Deepak Kumar Agarwal
Dev Kumar Tiwari

Shyam Metalics produces wire rods, billets, sponge iron, and ferroalloys. It also offers TMT bars, structural pipes, pellets, and aluminium sheets. The company is recognized for its large production capacity. It also sells both intermediate and final products across the steel value chain.

While Shyam Metalics is not the largest player in its industry, it is among the largest ferro alloy producers in India in terms of installed capacity. The company operates seven manufacturing plants across India. These include three in West Bengal and one each in Odisha, Indore, Kharagpur, and Jharkhand. These plants have a combined production capacity of 13.51 million tonnes per annum (MTPA).

The registered office is in Kolkata, West Bengal, while the office of the registrars is in Hyderabad, Telangana. Shyam Metalics is continuously expanding its operations and investing in new projects. It aims to strengthen its market position and support India's industrial growth. The company's commitment to innovation and sustainability has made it a key player in the Indian metal industry.

The vision of Shyam Metalics & Energy Limited

Shyam Metalics & Energy Ltd. (SMEL) aims to become a global industry benchmark. It focuses on value creation, process innovation, and seizing opportunities. This vision shows the company's dedication to excellence. It also aspires to lead the metal industry with integrity and innovation.

The company's vision is rooted in its core values and the legacy of its founder, Shri M. P. Agarwal. Shyam Metalics strives to make effective use of natural and human resources to achieve high productivity. This approach aims to strengthen India's industrial base and contribute to the nation's economic growth. The company focuses on empowering people and embracing dynamic management practices, which helps it achieve success and business excellence.

Shyam Metalics focuses on creating value for its stakeholders, including employees and the communities in which it operates. The company strives to provide optimal returns on investments. It values the trust and time stakeholders have placed in the organization. This commitment to stakeholder value is central to the vision of Shyam Metalics. It also guides the company’s strategic initiatives and business decisions.

Innovation is a key component of Shyam Metalics' vision. The company constantly works to improve its processes and products. It achieves this through technological advancements and innovative practices. This focus on innovation helps the company stay competitive in the global market and meet the evolving needs of its customers. Shyam Metalics invests in research and development to enhance its product offerings and improve operational efficiency.

Sustainability is another critical aspect of Shyam Metalics' vision. The company is committed to sustainable development and responsible business practices. This includes minimizing its environmental impact and promoting social responsibility. Shyam Metalics aims to balance economic growth with environmental stewardship and social well-being. The company implements various initiatives to reduce its carbon footprint and support community development.

Shyam Metalics also emphasizes the importance of stakeholder participation in achieving its vision. The company fosters a culture of collaboration and engagement with its stakeholders. This includes regular communication and participatory decision-making processes. By involving stakeholders in its journey, Shyam Metalics ensures that its vision aligns with their expectations and needs.

The company's vision extends to its role in the broader industry and society. Shyam Metalics aspires to be a leader in the metal industry, setting standards for quality and innovation. The company aims to contribute to the development of the industry and the economy by creating jobs and driving technological advancements. Shyam Metalics also seeks to be a responsible corporate citizen, contributing to social and economic development through various initiatives and partnerships.

Shyam Metalics' vision is not just about business success but also about making a positive impact on society and the environment. The company believes that its success is intertwined with the well-being of its stakeholders and the communities in which it operates. This holistic approach to business ensures that Shyam Metalics' growth is sustainable and inclusive.

Shyam Metalics aims to lead the metal industry with integrity and make a positive impact on society and the environment. This vision reflects the company's core values and its aspiration to contribute to India's industrial growth and economic development.