Shyam Metalics and Energy Limited (SHYAMMETL) — Financial Results | 11 May 2026

{ "summary": "Shyam Metalics and Energy Limited reported a profit after tax of ₹1,060.47 crores for FY2025-26, up from ₹552.85 crores in the prior year, driven by total income of ₹7,103.75 crores and depreciation of ₹882.15 crores. The company proposed a final dividend of ₹2.70 per share, subject to shareholder approval at the AGM, and approved ₹270 crores in new capital expenditure for steel and energy projects, including a stainless steel expansion in Kharagpur to be commissioned by March 31, 2029.", "extractedFields": { "keyEvent": "Board approved FY2025-26 results, ₹2.70 dividend, and ₹270 crore capex projects.", "whatChanged": "Profit after tax increased to ₹1,060.47 crores from ₹552.85 crores; dividend recommended at ₹2.70 per share; ₹270 crore capex approved.", "forwardGuidance": "Commissioning of new stainless steel capacity by March 31, 2029.", "investorTakeaway": "Higher profitability and shareholder returns signal strong execution, but capex requires monitoring.", "scripCode": "543299", "symbol": "SHYAMMETL", "boardMeetingDate": "2026-05-11", "financialResults": { "auditOpinion": "unmodified", "auditFirm": "MSKA & Associates LLP", "financialYearEnded": "March 31, 2026", "quarter": "Fourth Quarter" }, "dividend": { "recommendedAmountPerShare": "2.70", "percentageOfFaceValue": "27%", "faceValue": "10", "financialYear": "2025-26", "approvalStatus": "subject to shareholder approval at AGM" }, "capexProjects": { "totalEstimatedExpenditure": "270", "currency": "crore", "projects": [ { "projectName": "Expansion of Stainless Steel with downstream facilities", "capacityIncreaseFrom": "0.50", "capacityIncreaseTo": "0.60", "unit": "MTPA", "location": "Kharagpur", "commissioningDate": "31st March 2029" }, { "projectName": "Cold Rolling Mill (SBQ Mill)", "capacity": "8,00,000", "unit": "TPA", "location": "Kharagpur", "commissioningDate": "31st March 2029" } ] }, "auditorName": "MSKA & Associates LLP", "auditorLLPIN": "ACT-3789", "auditReportDate": "May 11, 2026", "auditOpinion": "Unmodified opinion on the consolidated financial results", "financialYearEnd": "March 31, 2026", "auditedSubsidiariesCount": 10, "totalAssetsOfSubsidiaries": "742.77 crores", "totalRevenueOfSubsidiaries": "2.49 crores", "netLossAfterTaxOfSubsidiaries": "2.59 crores", "totalComprehensiveLossOfSubsidiaries": "5.47 crores", "netCashInflowOfSubsidiaries": "0.19 crores", "groupShareNetProfitAssociatesJV": "0.10 crores", "groupShareTotalComprehensiveLossAssociatesJV": "0.20 crores", "foreignSubsidiaryPresent": true, "foreignSubsidiaryAccountingConversion": "Converted from local GAAP to Indian GAAP", "foreignSubsidiaryMateriality": "Not material to the Group", "profitAfterTaxAttributableToOwners": 1060.47, "totalComprehensiveIncome": 2531.20, "depreciationAndAmortisationExpense": 882.15, "financeCosts": 192.23, "cashGeneratedFromOperations": 2023.56, "recommendedDividendPerShare": 2.70, "nonCurrentAssets": 10785.60, "currentAssets": 5530.03, "totalAssets": 16315.63, "equity": 10553.33, "nonControllingInterest": 724.75, "nonCurrentLiabilities": 424.03, "currentLiabilities": 5530.03, "borrowingsNonCurrent": 97.04, "borrowingsCurrent": 884.28, "leaseLiabilitiesCurrent": 318.00, "taxesPaidNet": 33.24, "dividendPaid": 112.47, "stockOptionsExercisedProceeds": null, "totalIncome": 7103.75, "totalExpenses": 6069.83, "profitAfterTax": 552.85, "totalAssets": 7423.28, "esopTrustTotalAssets": 36.50, "esopTrustTotalRevenue": 2.86, "esopTrustNetProfit": 0.25, "esopTrustTotalComprehensiveIncome": 0.25, "cashFlowsNet": -0.41, "registeredOfficeAddress": "602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai-400063, Maharashtra, India", "auditorName": "MSKA & Associates LLP", "auditorLLPIN": "ACT-3789", "auditFirmRegistrationNumber": "105", "totalAssets": 7423.28, "totalEquity": 6436.45, "totalLiabilities": 1801.11, "netCash