Shyam Metalics Expands Growth Ambitions With ₹45 Billion Fundraise, Interim Dividend Declared

Image Source: Business Standard

Shyam Metalics and Energy Ltd has reinforced its strategic roadmap with fresh capital plans and shareholder rewards, following a strong Q1 FY26 performance. The company reported a consolidated net profit of ₹2.92 billion and revenue of ₹44.19 billion, driven by stable demand across steel and aluminium segments.

Expanded Highlights From The Quarter

- EBITDA margin held steady at 12 percent, supported by cost discipline and a diversified product mix.
- Revenue rose 6.3 percent year-on-year, with strong traction in long steel, aluminium foil, and ferro alloys.
- Net profit of ₹2.92 billion marked a 33 percent sequential jump, aided by lower finance costs and higher other income.

New Announcements And Strategic Moves

- The board has approved a fundraise of up to ₹45 billion through a mix of equity and debt instruments, including Qualified Institutional Placement and private allotments.
- A separate approval was granted for issuing Non-Convertible Debentures (NCDs) worth ₹30 billion to support capex and working capital needs.
- An interim dividend of ₹1.80 per share has been declared, rewarding shareholders amid strong financial performance.

Growth Outlook And Market Position

- The company continues to operate seven manufacturing plants with a combined metal capacity of 15.13 MTPA and captive power generation of 376 MW.
- Expansion into aluminium foils, stainless steel, and roofing segments is underway, with additional investments planned in EV battery foil and railway wagons.
- Promoter holding remains strong at 74.6 percent, with rising institutional interest.

Investor Takeaway

Shyam Metalics’ Q1 results and capital initiatives signal a bold push toward capacity-led growth, operational resilience, and shareholder value creation.

Sources: Screener.in, Moneycontrol, Economic Times, Business Standard, ShyamMetalics.com.