Shyam Metalics Reports Q2’26 Revenue of Rs. 4,457 Cr, 23% Growth YoY
Filing Summary
Shyam Metalics and Energy Ltd announced its financial results for Q2 FY26, reporting a consolidated revenue of Rs. 4,457 crores, a 23% increase year-on-year. The company’s EBITDA stood at Rs. 609 crores, marking a 26.5% rise from the previous year. Operating EBITDA increased by 32% to Rs. 539 crores. The company also reported a profit after tax of Rs. 260 crores. Shyam Metalics’ long-term credit rating was upgraded to CRISIL AA+ (Stable). The company continues to focus on expanding its share in value-added products.
Shyam Metalics and Energy Ltd has released its financial results for the second quarter of FY26, ending September 30, 2025. The company reported a consolidated revenue of Rs. 4,457 crores, reflecting a 23% increase compared to the same period in the previous year. The EBITDA for the quarter was Rs. 609 crores, up 26.5% year-on-year. The Operating EBITDA reached Rs. 539 crores, showing a 32% growth from Q2 FY25. The profit after tax was reported at Rs. 260 crores.
In terms of financial performance, Shyam Metalics experienced significant growth across several key metrics. The company’s EBITDA margins were recorded at 13.7%, compared to 13.2% in the previous year. The Operating EBITDA margins improved to 12.1% from 11.3% in Q2 FY25. The profit after tax margins stood at 5.8%, slightly lower than the 5.9% recorded in the same quarter last year. The company’s long-term credit rating was upgraded to CRISIL AA+ (Stable).
Operationally, Shyam Metalics continues to focus on expanding its presence in the multi-metal sector, including carbon steel, stainless steel, specialty alloys, and aluminum foil. The company operates a captive power plant, which supports its production capabilities. The company has emphasized its strategic initiatives and operational discipline, contributing to its financial performance.
The financial results cover the quarter and half-year ended September 30, 2025. The company reported a half-year revenue of Rs. 8,876 crores, up 22.5% from the previous year. The half-year EBITDA was Rs. 1,242 crores, marking a 21.8% increase. The half-year Operating EBITDA reached Rs. 1,119 crores, a 24.8% rise from H1 FY25. The half-year profit after tax was Rs. 551 crores.
Shyam Metalics operates primarily in the steel industry, with a focus on long steel products, ferro alloys, aluminum, and stainless steel. The company is one of the largest producers of ferro alloys in India by installed capacity. It also holds a significant position in the sponge iron industry and pellet capacity.
Shyam Metalics and Energy Ltd is a leading integrated metal-producing company in India, with operations in West Bengal, Odisha, Jharkhand, and Madhya Pradesh. The company focuses on delivering quality through customized value-added solutions. It is among the largest producers of ferro alloys in India and has a strong presence in the steel value chain.