MarketFriction

Shyam Metalics & Energy Ltd

NSE SHYAMMETL · BSE 543299 · Iron & Steel Products
₹1,047.80 -1.62%
NSE close2026-10-01
52 week range746.00 - 1,148.00
Market cap₹29,979 Cr.
P/E26.7
IPO 2021 · +242% since Nifty 500Smallcap 250 Price band 20% Delivery 54.9%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2,9413,3153,6063,6123,6343,7564,1394,4194,4674,4215,2405,455
Expenses2,6342,9083,1653,1243,2253,3013,6243,8393,9283,9344,5134,690
Operating Profit307407442488409456515580539487727765
OPM %10%12%12%14%11%12%12%13%12%11%14%14%
Other Income384051517251545469522947
Interest354022293041444050515178
Depreciation177182139136144203229205211218249265
Profit before tax133226332374307263297389347270456469
Tax %-261%44%34%26%30%25%26%25%25%27%32%25%
Net Profit482126220276216197220291260198312351
EPS in Rs18.984.997.769.897.727.087.8410.479.387.0711.4312.36
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3,7474,6064,3766,29710,39412,65813,19515,15918,55219,584
Expenses3,0343,6563,7104,9037,79311,15911,62513,29316,21917,066
Operating Profit7149506661,3942,6011,4991,5701,8662,3332,519
OPM %19%21%15%22%25%12%12%12%13%13%
Other Income6873122459105159231204197
Interest496486622393133144192231
Depreciation215195297300272474656711882942
Profit before tax5177642951,0552,3641,0379401,2411,4621,543
Tax %-2%17%-15%20%27%19%-9%27%28%
Net Profit5286373408441,7248431,0299091,0601,120
EPS in Rs90.8325.8614.5636.1067.6133.4337.0732.5338.3440.24
Dividend Payout %0%0%0%14%7%5%12%14%12%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%24%14%23%
Compounded Profit Growth%5%9%22%
Stock Price CAGR%24%35%18%
Return on Equity%14%10%10%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital47234234234255255278278278
Reserves1,8072,2562,5933,4005,5807,0219,36910,27511,245
Borrowings5687291,1147965431,1725977891,005
Other Liabilities1,0498341,1219902,0473,1474,1504,9777,538
Total Liabilities3,4714,0525,0625,4208,42511,59514,39316,32020,066
Fixed Assets1,7471,7742,0121,8022,4553,3113,9956,3578,134
CWIP913582355067682,7693,7642,7082,792
Investments1952741442821,0361,4742,2622,1181,582
Other Assets1,4371,6472,6702,8294,1664,0414,3725,1377,558
Total Assets3,4714,0525,0625,4208,42511,59514,39316,32020,066
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity247457-911,0561,5611,5181,7941,7132,024
Cash from Investing Activity-118-567-420-499-1,800-1,944-2,762-1,654-1,939
Cash from Financing Activity-162112531-423167424916-36-50
Net Cash Flow-33220134-72-1-512434
Free Cash Flow144-32-655695621-386-93-435-614
CFO/OP51%66%-5%89%82%117%126%94%101%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days361713311318201918
Inventory Days8696203981199084100123
Days Payable6941793569639197133
Cash Conversion Cycle537213694634512228
Working Capital Days3036654553-131-11
ROCE %28%11%27%44%15%11%12%13%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters81.62%81.62%74.59%74.59%74.59%74.59%74.59%74.59%74.59%74.59%74.59%74.59%
FIIs1.84%1.98%2.35%2.25%3.48%3.84%3.75%3.21%3.65%3.21%3.09%2.97%
DIIs4.35%3.72%4.45%5.39%6.18%6.74%7.68%8.73%8.64%8.87%9.17%13.75%
Public11.78%12.26%18.22%17.40%15.36%14.44%13.66%13.16%12.80%13.01%12.85%8.42%
Others0.43%0.43%0.39%0.39%0.39%0.39%0.33%0.32%0.32%0.32%0.30%0.27%
No. of Shareholders1,30,0191,24,1671,22,7701,20,7261,27,4741,21,1811,16,7401,13,8691,08,5231,05,1841,01,4231,00,443

Fundamentals

Market Cap₹ 29,979 Cr.
Current Price₹ 1,074
Stock P/E26.7
Book Value₹ 413
ROCE13.0 %
ROE9.70 %
Dividend Yield0.42 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)23%
Compounded Profit Growth (TTM)22%
Consolidated figures.
Valuation
Market capRs 29,152 Cr
Enterprise valueRs 29,873 Cr
P/E (TTM)25.96x
Price to book2.76x
Price to sales1.49x
EV / EBITDA11.00x
EV / EBIT16.85x
EV / sales1.53x
Price to cash flow17.01x
Earnings yield3.85%
Dividend yield0.43%
P/E, 3-year average16.63x
P/B, 3-year average1.63x
P/E, 5-year average13.81x
P/B, 5-year average1.61x
Profitability
Operating margin (excl. other income)12.31%
Operating margin (incl. other income)13.83%
EBITDA margin13.87%
Pre-tax margin7.88%
Net profit margin5.74%
Net margin, latest quarter6.33%
ROE8.99%
ROCE12.83%
ROA5.91%
ROE, 3-year average11.41%
ROCE, 3-year average13.19%
ROA, 3-year average7.47%
ROE, 5-year average19.35%
ROCE, 5-year average22.09%
ROA, 5-year average12.68%
ROIC (approx.)11.52%
Tax rate26.74%
Other income / net worth2.19%
Growth
Sales growth (latest year)14.88%
Profit growth (latest year)-12.24%
Sales CAGR, 3 years13.40%
Sales CAGR, 5 years28.21%
Profit CAGR, 3 years-19.25%
Profit CAGR, 5 years21.69%
Sales growth QoQ4.10%
Profit growth QoQ8.14%
Sales growth YoY (latest quarter)23.45%
Profit growth YoY (latest quarter)18.11%
Per share
EPS (TTM)Rs 40.37
EPS (latest year)Rs 32.64
EPS (latest quarter)Rs 12.40
EPS, 3-year averageRs 34.43
EPS, 5-year averageRs 41.40
Book value per shareRs 379.31
Sales per shareRs 703.91
Cash flow per shareRs 61.58
Free cash flow per shareRs -22.07
Dividend per share (latest year)Rs 4.50
Dividend per share, 3-year averageRs 3.60
Dividend per share, 5-year averageRs 4.14
Dividends
Dividend payout13.79%
Dividend payout, 3-year average10.42%
Dividend payout, 5-year average10.46%
Efficiency
Asset turnover0.93x
Fixed asset turnover2.38x
Inventory turnover4.15x
Inventory days88 days
Debtor days19 days
Debtors turnover19.13x
Creditor days133 days
Cash conversion cycle8 days
Working capital days-11 days
Leverage
Total debtRs 789 Cr
Cash and bankRs 68 Cr
Net debtRs 721 Cr
Debt to equity0.07x
Net debt / EBITDA0.27x
Interest coverage7.69x
Current ratio (filing 2026-03-31)1.00x
Quick ratio (filing 2026-03-31)0.38x
Trade payables (filing 2026-03-31)Rs 4,865 Cr
Owners' fund to total sources64.66%
Debt to assets4.84%
Cash flow
Cash from Operating Activity (latest year)Rs 1,713 Cr
Cash from Investing Activity (latest year)Rs -1,654 Cr
Cash from Financing Activity (latest year)Rs -36 Cr
Net Cash Flow (latest year)Rs 24 Cr
Free cash flow (latest year)Rs -614 Cr
FCFE (approx.: FCF + change in debt)Rs -421 Cr
Cash from ops / profit, 5 years1.55x
Sales to cash flow8.85x
Statement figures
Net sales (TTM)Rs 19,584 Cr
Net sales (latest year)Rs 15,159 Cr
Sales (latest quarter)Rs 5,455 Cr
Operating profit excl. other income (latest year)Rs 1,866 Cr
Operating profit (latest quarter)Rs 765 Cr
Other income (TTM)Rs 197 Cr
EBITDA (TTM)Rs 2,716 Cr
PBDT (TTM)Rs 2,485 Cr
Profit before tax (TTM)Rs 1,543 Cr
Tax (latest year)Rs 332 Cr
Net profit (TTM)Rs 1,123 Cr
Net profit (latest year)Rs 908 Cr
Net profit (latest quarter)Rs 345 Cr
Depreciation (TTM)Rs 942 Cr
Depreciation (latest quarter)Rs 265 Cr
Interest (TTM)Rs 231 Cr
Cost of goods sold (latest year)Rs 12,413 Cr
Total expenditure (latest year)Rs 13,293 Cr
Total income (latest year)Rs 15,389 Cr
Share capitalRs 278 Cr
ReservesRs 10,275 Cr
Shareholders' fundsRs 10,553 Cr
Total assetsRs 16,320 Cr
Net blockRs 6,357 Cr
Capital work in progressRs 2,708 Cr
InvestmentsRs 2,118 Cr
ReceivablesRs 793 Cr
InventoryRs 2,990 Cr
Other liabilitiesRs 4,977 Cr
Shares outstanding (crore)27.82
Ownership
Promoter holding74.59% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 26.0 is at the 63th percentile of its own 5.4-year range (median 24.7, low 5.8, high 35.7).
P/B 2.76 is at the 49th percentile (median 2.76).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodSHYAMMETLNifty 50Difference
1 week-4.6%-2.8% -1.8 pts
1 month-2.8%-6.8% +4.0 pts
3 months+9.7%-7.6% +17.3 pts
6 months+35.9%+0.4% +35.5 pts
1 year+13.8%-9.9% +23.8 pts
2 years+11.2%-13.6% +24.7 pts
3 years+137.4%+14.2% +123.2 pts
5 years+181.1%+27.9% +153.2 pts
42 mutual fund schemes hold about ₹519 Cr. Over three months 5 bought more and 9 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Invesco India Contra Fund1.54%318 -16%
PGIM India Midcap Fund0.56%63 +100%
Invesco India Flexi Cap Fund0.49%28 -3%
SBI Comma Fund2.02%25 -2%
Groww Multicap Fund1.21%18 +48%
Nippon India Nifty Smallcap 250 Index Fund0.35%12 +1%
Groww Small Cap Fund1.54%12 +13%
JM Small Cap Fund0.82%8 -15%
SBI Nifty Smallcap 250 Index Fund0.35%6 +1%
Aditya Birla SL Mfg. Equity Fund0.37%5 -8%
Unifi Flexi Cap Fund2.13%5 -11%
Motilal Oswal Nifty Smallcap 250 Index Fund0.35%5 +1%
ICICI Pru Nifty Smallcap 250 Index Fund0.35%3 +1%
HDFC NIFTY Smallcap 250 Index Fund0.35%3 +1%
JioBlackRock Nifty Smallcap 250 Index Fund0.35%1 +1%
Motilal Oswal Nifty 500 Index Fund0.04%1 +2%
Nippon India Nifty 500 Equal Weight Index Fund0.21%1 -5%
Groww Value Fund(M1.36%1 +53%
Edelweiss Nifty Smallcap 250 Index Fund0.35%1 +1%
Groww Nifty Smallcap 250 Index Fund0.35%0 +1%
HDFC Nifty500 Multicap 50:25:25 Index Fund0.09%0 +2%
Bandhan Nifty Smallcap 250 Index Fund0.35%0 +1%
Kotak Nifty Smallcap 250 Index Fund0.35%0 +1%
SBI Nifty 500 Index Fund0.04%0 +2%
Navi Nifty Smallcap250 Momentum Quality 100 Index Fund0.67%0 -11%

Red flags

F-score 6 of 8
explainDebt up, profit down Borrowings up 32% while net profit fell in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2026-01-29Dev Kumar TiwariDirectorother15,600Rs 0.34 CrESOP
2026-01-29Rahul GadodiaOtherother10,500Rs 0.23 CrESOP
2026-01-29Bikram MunkaOtherother11,100Rs 0.25 CrESOP
2026-01-29Deepak AgarwalDirectorother20,700Rs 0.46 CrESOP
2025-05-13GHANSHYAM AGARWAL-other1,500Rs 0.05 CrESOP
2025-04-01ARIJIT MUKHERJEE-other3,750Rs 0.12 CrESOP
2025-03-26Jeeban Jyoti Majhi-other1,500Rs 0.05 CrESOP
2025-03-26Rajesh Kumar Gupta-other3,000Rs 0.10 CrESOP
2025-03-26Aneesh Mishra-other8,602Rs 0.28 CrESOP
2025-03-26RISHI GADODIA-other2,250Rs 0.07 CrESOP
2025-03-26AJIT MISHRA-other2,250Rs 0.07 CrESOP
2025-03-25Anand Kumar Lodha-other3,000Rs 0.10 CrESOP
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹5,455 Cr +23.4% vs Jun 2025. Net profit ₹351 Cr +20.6%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-07Dividend - Rs 2.70 Per Share
2026-07-24Interim Dividend - Rs 1.80 Per Share
2025-08-19Dividend - Rs 2.25 Per Share
2025-07-28Interim Dividend - Rs 1.80 Per Share
2025-02-07Interim Dividend - Rs 2.25 Per Share
2024-08-30Dividend - Rs 2.70 Per Share
2024-08-30Annual General Meeting
2023-09-14Annual General Meeting
2023-06-05Interim Dividend - Rs 1.80 Per Share
2022-09-16Annual General Meeting/Dividend - Rs 2.70 Per Share
2022-08-11Interim Dividend - Rs 1.80 Per Share
2022-02-18Interim Dividend - Rs 2.25 Per Share
2021-11-17 Interim Dividend - Rs 2.25 Per Share
2021-09-06 Annual General Meeting/Dividend - Rs 2.70 Per Share
DateTypeWhat it says
2026-10-02AgreementsMemorandum of Understanding with Govt. of Maharashtra
2026-09-28General UpdatesIntimation of Exercise of Options by Eligible Employees under SMEL ESOP II - 2023
2026-09-27General UpdatesIntimation of vesting of options under SMEL Employee Stock Incentive Plan- 2023
2026-09-25General UpdatesVesting of Options on Completion of 3rd Year of Grant on 25th September, 2026.
2026-09-24General UpdatesExercise of Options by the Eligible Employee of the Company
2026-09-16General UpdatesGeneral Updates on ESG Rating "53" to the Company by CRISIL ESG Ratings and Analytics Limited
2026-09-07Monthly updateMonthly Business Updates for the month of August 2026
2026-09-05General UpdatesGrant of Options to 1 Eligible Employee under ESIP - 2023
2026-09-03General UpdatesGeneral Updates regarding the ESG Rating provided to the Company by ESG Risk Assessments and Insights Limited.
2026-08-31General UpdatesGeneral Updates regarding Vesting of Options on Completion of 1 year of Grant
2026-08-27Shareholder meetingVoting results.
2026-08-25Shareholder meetingProceedings of Annual General Meeting held on August 25, 2026
2026-08-07General UpdatesGeneral Updates
2026-08-06Monthly updateMonthly Business Updates for the month of July 2026
2026-08-03General UpdatesWeblink letter to the Shareholders
2026-08-03Shareholder meetingNotice of Annual General Meeting to be held on August 25, 2026
2026-07-29General UpdatesGeneral Updates
2026-07-29Press ReleaseA press release dated July 29, 2026, titled "SHYAM METALICS AND ENERGY LIMITED ANNOUNCES COMMISSIONING OF NEW 1.5 MTPA BENEFICIATION PLANT".
2026-07-28Press ReleaseA press release dated July 28, 2026, titled "Shyam Sel and Power Limited Commissions 8.90 MWp Captive Solar Power Project at Jamuria".
2026-07-24Concall / analyst meetTranscript
2026-07-23General UpdatesGeneral Updates regarding Intimation of Tax Deduction on Dividend
2026-07-22General UpdatesGeneral Updates
2026-07-21Concall / analyst meetLink of Recording
2026-07-20Investor PresentationInvestor Presentation
2026-07-20Press ReleaseA press release dated July 20, 2026, titled "Press Release was issued w.r.t. Financial Results for Q1 FY2026-27".
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Shyam Metalics & Energy Ltd?

Shyam Metalics & Energy Ltd (SHYAMMETL) has a market capitalisation of Rs 29,979 Cr. at the 2026-10-01 close.

What is the P/E ratio of Shyam Metalics & Energy Ltd?

Shyam Metalics & Energy Ltd trades at a P/E of 26.7 on trailing twelve-month profit, at the 2026-10-01 close.

What were Shyam Metalics & Energy Ltd's latest quarterly results?

In the Jun 2026 quarter, Shyam Metalics & Energy Ltd sales was Rs 5,455 Cr (+23.4% vs Jun 2025) and net profit was Rs 351 Cr.

What is the 52-week high and low of Shyam Metalics & Energy Ltd?

The 52-week high is Rs 1,148.00 and the 52-week low is Rs 746.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03