SHYAMMETLCapital Goods

Shyam Metalics and Energy Limited

Iron & Steel Products · ISIN INE810G01011 · BSE 543299 · NSE EQ · FV ₹10
Last price
₹1,077
+2.77%today
What this company does

Shyam Metalics and Energy Limited operates in Iron & Steel Products, part of the Capital Goods sector. It booked ₹5,455 cr of revenue in its latest quarter (Q1 FY27) and kept 6.3% of sales as profit. It is the 3rd largest of 9 Iron & Steel Products companies we track, by market value.

The Company is primarily engaged in the business of manufacturing iron and steel.
The Company is primarily engaged in business of manufacture and sale of Ferro Alloys, Iron & Steel products and power generation.
In the report:
50out of 100
Equitytale Health Score
Mixed

Healthier than 50% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 16–113 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
56

At close. Not part of the score.

Profitability & returns40

How much profit it earns on the money it employs

Balance sheet42

How much it owes, and whether earnings cover the interest

Cash quality59

Whether reported profit actually arrives as cash

Growth & consistency51

Whether sales and profit have grown, and how steadily

Valuation33

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 23% vs last year
Profit up 18% vs last year
Promoters hold 75%
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
! Thin 6.3% net margin

What if I invest in SHYAMMETL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,077 +2.77%
latest close · 2026-09-17
1-year return
+179.8%
52-wk low ₹27352-wk high ₹1,111
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio21.4Average
LowAverageHigh
P/B ratio2.60Moderate
Below bookModerateHigh
EV / EBITDA9.5Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity12.0%Fair
WeakFairStrong ▸15%
Return on capital17.1%Strong
WeakFairStrong
Net margin6.3%Decent
ThinDecentStrong
EBITDA margin14.9%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.08Comfortable
LowModerateHigh ▸1
Interest cover7.0×Strong
RiskyOkayStrong ▸5×
Current ratio1.00Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹29,982 cr
Book value
₹414
EPS
₹12.60
latest quarter
Net debt
₹884 cr
owes more than its cash
Enterprise value
₹30,866 cr
EBITDA
₹3,250 cr
annualised
EBIT
₹2,190 cr
annualised
Operating margin
10.0%
Return on assets
6.9%
Earnings yield
4.68%
P/S
1.37
Sales / share
₹783.8
Tax rate
25.3%
Face value
₹10
Shares
27.8 cr
Working capital
₹-24 cr
Current assets
₹7,256 cr
Current liabilities
₹7,280 cr
Delivery %
51.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹507 vs market price ₹1,077 — price is 112% above it
Safety cushion-112.5%(target ≥ +20%)
Models span ₹308₹706, midpoint ₹507
Model ₹507
Price ₹1,077
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹5,455 cr
Other Income₹47 cr
Total Income₹5,502 cr
Cost of Materials₹4,214 cr
Purchases of Stock-in-Trade₹3 L
Inventory Change (±)₹-305 cr
Employee Benefit Expense₹136 cr
Finance Costs₹78 cr
Depreciation & Amortisation₹265 cr
Other Expenses₹645 cr
Total Expenses₹5,033 cr
Profit before Tax₹469 cr
Tax Expense₹119 cr
Share of JV / Associates₹2 L
Net Profit₹351 cr
Net margin on total income6.4%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹3,910 cr71.1%
Employee benefit expense₹136 cr2.5%
Finance costs₹78 cr1.4%
Depreciation & amortisation₹265 cr4.8%
Other expenses₹645 cr11.7%
Tax expense₹119 cr2.2%
Profit for the period₹351 cr6.4%
Total income ₹5,502 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue4,421 cr5,240 cr5,455 cr
Total income4,473 cr5,270 cr5,502 cr
Expenses4,203 cr4,813 cr5,033 cr
Profit before tax270 cr456 cr469 cr
Tax73 cr145 cr119 cr
Net profit (owners' share)197 cr319 cr345 cr
Net margin (owners' share, on revenue)4.5%6.1%6.3%
EPS (₹)7.1011.2012.60
YoY (latest quarter): total income +23.0% · net profit +18.1%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹20,061 cr
Shareholder equity
₹11,523 cr
parent shareholders
Total debt
₹981 cr
Cash
₹97 cr
Cash flow · H1 FY26
Operating
₹598 cr
Investing
₹-835 cr
Financing
₹225 cr
Peer comparison
Iron & Steel Products · by market value
CompanyPriceMarket capP/E
Welspun Corp Limited₹2,460₹64,903 cr15.5
APL Apollo Tubes Limited₹2,149₹59,664 cr56.7
Shyam Metalics and Energy Limitedthis company₹1,077₹29,982 cr21.4
Ratnamani Metals & Tubes Limited₹2,703₹18,943 cr57.6
Jindal Saw Limited₹291₹18,622 cr44.7
Usha Martin Limited₹496₹15,122 cr26.6
Godawari Power And Ispat limited₹238₹14,709 cr16.6
Gallantt Ispat Limited₹538₹12,974 cr26.2
Maharashtra Seamless Limited₹720₹9,651 cr9.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.42%
trailing 12 months
Dividend / share (TTM)
₹4.5
Last dividend
₹2.7
ex 7 Aug 2026
ActionDetailEx-date
Dividend₹2.7 / share7 Aug 2026
Dividend₹1.8 / share24 Jul 2026
Dividend₹2.25 / share19 Aug 2025
Dividend₹1.8 / share28 Jul 2025
Dividend₹2.25 / share7 Feb 2025
Dividend₹2.7 / share30 Aug 2024
Who owns it · 2026-06-30
No pledge
Promoter
74.6%
FII / Foreign
3.0%
DII / Domestic
13.8%
Retail / others
8.4%
Promoter stake down 7.0% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtBikram Munka · Other11,100 · ₹24.5 L29 Jan 26
BoughtDev Kumar Tiwari · Director15,600 · ₹34.5 L29 Jan 26
BoughtDeepak Agarwal · Director20,700 · ₹45.7 L29 Jan 26
Bulk / block deals
short · NSE448 Sep 26
short · NSE25228 Aug 26
short · NSE8926 Aug 26
Stake changes
BoughtLife Insurance Corporation of India→ 5.02% · 1.68 L9 May 25
SoldNarantak Dealcomm Limited · promoter→ 17.37% · 65.77 L12 Sep 23
SoldSubham Buildwell Private Limited · promoter→ 23.92% · 95.10 L12 Sep 23
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 25 Aug 2026
See the official result
1
Consideration and Adoption of the Audited Financial Statements (both Standalone and Consolidated) of the Company for the financial year ended 31st March, 2026, together with the Director’s Report and the Auditor’s Report thereon.
Backed by 100% of shareholders other than promotersneeded 50%
3.09 cr votes for, 9,537 against · 0% of mutual funds and other big investors said no
2
To confirm payment of Interim Dividend @ 18% i.e. ₹ 1.80/- per equity share of ₹ 10 each on 22nd July, 2025 and declaration of final dividend @27% i.e. ₹ 2.70/- per equity share of ₹ 10/- each for the Financial Year ended 31st March, 2026.
Backed by 100% of shareholders other than promotersneeded 50%
3.09 cr votes for, 487 against · 0% of mutual funds and other big investors said no
3
To appoint a director in place of Mr. Sheetij Agarwal (DIN: 08212992), who retires by rotation in accordance with Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.
Backed by 72% of shareholders other than promotersneeded 50%
2.24 cr votes for, 85.70 L against · 74% of mutual funds and other big investors said no
4
To ratify the remuneration payable to the Cost Auditor for the Financial Year 2026-27.
Backed by 100% of shareholders other than promotersneeded 50%
3.09 cr votes for, 672 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 38 named members
owning 74.6% between them · as of 2026-06-30
SUBHAM BUILDWELL PVT. LTD.21.86%
NARANTAK DEALCOMM LIMITED15.48%
SUBHAM CAPITAL PRIVATE LIMITED14.61%
BRIJ BHUSHAN AGARWAL8.34%
KALPATARU HOUSE FIN. AND TRADING PRIVATE LTD.7.67%
DORITE TRACON (P) LTD5.09%
BRIJ BHUSAN AGARWAL & SONS0.81%
MITTU AGARWAL0.41%
Business done with them
FY2025 · 2 of the group
The company paid ₹258 cr to companies in the promoter group last year — about 1.7% of its ₹15,138 cr revenue and received ₹85 cr back from them.
NARANTAK DEALCOMM LTD
Bought property or assets from them · Refer text block
also owns 15.48% of the company
₹241 cr
company paid
NARANTAK DEALCOMM LTD
Sold property or assets to them · Refer text block
also owns 15.48% of the company
₹85 cr
company received
NARANTAK DEALCOMM LTD
Other payments to them · Refer text block
also owns 15.48% of the company
₹9 cr
company paid
SUBHAM CAPITAL PRIVATE LIMITED
Other payments to them · Refer text block
also owns 14.61% of the company
₹7 cr
company paid

The company also transacted with 2 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.