Shyam Metalics&Ener Share Price
Shyam Metalics And Energy Ltd.
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About Shyam Metalics&Ener
Our firm is India's premier integrated metal producer, and we specialise in producing long steel products and ferroalloys. We have a history of producing operational profitability, with positive EBITDA each fiscal year since we first began operations in Fiscal 2005.
As of the end of March 2020, we were the fourth biggest participant in India's Sponge Iron industry in capacity and one of the top players in the West Bengal steel industry in Odisha in terms of pellet capacity (Source: CRISIL Report). One of our three factories is located in Odisha, while the other two are in West Bengal. As of 2020, our production facilities' total installed metal capacity is 5.71 MTPA (comprising intermediate and final products). At each of our factories, we have our captive power plants, which, as of the end of 2020, will have a combined installed capacity of 227 MW. Our Sambalpur facility serves customers in the southern and western parts of India. In contrast, those in the northern and eastern parts of the country are served by our Jamuria and Mangalpur facilities.
Located in Sambalpur, Odisha and Jamuria, West Bengal, respectively, our "Ore to the metal" integrated (forward and backward) steel production facilities have captive railway sidings, captive power plants, iron pellet, sponge iron, billet, TMT, wire rod and structural mills, and Ferroalloy factories. Our facilities at Mangalpur, West Bengal, include sponge iron and Ferroalloy factories and a captive power plant.
Because of the modular nature of our manufacturing facilities, we are protected from price fluctuations. We can swiftly adjust our output and product lines to suit the ever-evolving demands of the market and maximise our profit margins. With an emphasis on high-margin items like tailored billets and specialised Ferroalloys for particular steel applications, our production facilities manufacture long steel products.
We market our TMT and structural goods under the SEL brand name. For an Indian steel conglomerate, we also transform hot-rolled coils into pipes, chrome ore into ferrochrome, and manganese ore into silicon manganese. We're expanding our product offerings by penetrating the pig iron, ductile iron pipe, and aluminium foil markets. Do you want to know about the Shyam Metalics and Energy Shares? Click Here to know about today's Shyam Metalics and Energy Share Price.
As of the end of March 2020, we were the fourth biggest participant in India's Sponge Iron industry in capacity and one of the top players in the West Bengal steel industry in Odisha in terms of pellet capacity (Source: CRISIL Report). One of our three factories is located in Odisha, while the other two are in West Bengal. As of 2020, our production facilities' total installed metal capacity is 5.71 MTPA (comprising intermediate and final products). At each of our factories, we have our captive power plants, which, as of the end of 2020, will have a combined installed capacity of 227 MW. Our Sambalpur facility serves customers in the southern and western parts of India. In contrast, those in the northern and eastern parts of the country are served by our Jamuria and Mangalpur facilities.
Located in Sambalpur, Odisha and Jamuria, West Bengal, respectively, our "Ore to the metal" integrated (forward and backward) steel production facilities have captive railway sidings, captive power plants, iron pellet, sponge iron, billet, TMT, wire rod and structural mills, and Ferroalloy factories. Our facilities at Mangalpur, West Bengal, include sponge iron and Ferroalloy factories and a captive power plant.
Because of the modular nature of our manufacturing facilities, we are protected from price fluctuations. We can swiftly adjust our output and product lines to suit the ever-evolving demands of the market and maximise our profit margins. With an emphasis on high-margin items like tailored billets and specialised Ferroalloys for particular steel applications, our production facilities manufacture long steel products.
We market our TMT and structural goods under the SEL brand name. For an Indian steel conglomerate, we also transform hot-rolled coils into pipes, chrome ore into ferrochrome, and manganese ore into silicon manganese. We're expanding our product offerings by penetrating the pig iron, ductile iron pipe, and aluminium foil markets. Do you want to know about the Shyam Metalics and Energy Shares? Click Here to know about today's Shyam Metalics and Energy Share Price.
Fundamentals of Shyam Metalics&Ener Shares
Market Cap |
P/E Ratio |
P/B Ratio |
Industry P/E |
|---|---|---|---|
Rs. 6921.61 Cr |
11.40 |
2.53 |
35.25 |
ROE |
EPS (TTM) |
Dividend Yield |
Book Value |
|---|---|---|---|
26.98 % |
31.77 |
1.37 % |
145.81 |
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What is the Market Cap of Shyam Metalics And Energy Ltd. shares?
As of 26 Mar`23 the Market Cap of Shyam Metalics And Energy Ltd. is 6921.61.
What is the PE and PB ratio of Shyam Metalics And Energy Ltd. stock?
As of 26 Mar`23 the PE is 11.40 and PB is 2.53.
Shyam Metalics&Ener - Quaterly Results
Publish Date: 09/11/2022
The revenue for the September 2022 quarter is pegged at Rs. 14100.30 millions, about 21.81% up against Rs. 11576.10 millions recorded during the year-ago period.A radical decline of -98.56% was reported in the net profit of the company for the quarter ended September 2022 to Rs. 37.30 millions from Rs. 2596.40 millions.The company reported a degrowth in operating Profit to 513.50 millions from 3581.90 millions.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202209 | 202109 | % Var | 202209 | 202109 | % Var | 202203 | 202103 | % Var | |
| Sales | 14100.30 | 11576.10 | 21.81 | 28528.90 | 23437.00 | 21.73 | 46584.10 | 30237.40 | 54.06 |
| Other Income | 84.40 | 741.70 | -88.62 | 237.40 | 757.60 | -68.66 | 951.70 | 502.20 | 89.51 |
| PBIDT | 513.50 | 3581.90 | -85.66 | 2667.40 | 6915.40 | -61.43 | 12408.40 | 7178.50 | 72.86 |
| Interest | 40.30 | 15.20 | 165.13 | 73.20 | 52.10 | 40.50 | 89.60 | 387.20 | -76.86 |
| PBDT | 473.20 | 3566.70 | -86.73 | 2594.20 | 6863.30 | -62.20 | 12318.80 | 6791.30 | 81.39 |
| Depreciation | 436.10 | 282.50 | 54.37 | 841.80 | 566.50 | 48.60 | 1196.10 | 1496.60 | -20.08 |
| PBT | 37.10 | 3284.20 | -98.87 | 1752.40 | 6296.80 | -72.17 | 11122.70 | 5294.70 | 110.07 |
| TAX | -0.20 | 687.80 | -100.03 | 232.40 | 1451.60 | -83.99 | 3020.00 | 905.70 | 233.44 |
| Deferred Tax | -25.70 | 91.80 | -128.00 | -235.10 | 61.60 | -481.66 | 40.00 | -252.50 | -115.84 |
| PAT | 37.30 | 2596.40 | -98.56 | 1520.00 | 4845.20 | -68.63 | 8102.70 | 4389.00 | 84.61 |
| Equity | 2550.80 | 2550.80 | 0.00 | 2550.80 | 2550.80 | 0.00 | 2550.80 | 2336.10 | 9.19 |
| PBIDTM(%) | 3.64 | 30.94 | -88.23 | 9.35 | 29.51 | -68.31 | 26.64 | 23.74 | 12.20 |
Shyam Metalics&Ener - Quaterly Results
Publish Date: 09/11/2022
The Revenue for the quarter ended September 2022 of Rs. 14100.30 millions grew by 21.81 % from Rs. 11576.10 millions.The company reported a drastic decline of -98.56% in the quarter ended September 2022 to Rs. 37.30 millions from Rs. 2596.40 millions .The company reported a degrowth in operating Profit to 513.50 millions from 3581.90 millions.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202209 | 202109 | % Var | 202209 | 202109 | % Var | 202203 | 202103 | % Var | |
| Sales | 14100.30 | 11576.10 | 21.81 | 28528.90 | 23437.00 | 21.73 | 46584.10 | 30237.40 | 54.06 |
| Other Income | 84.40 | 741.70 | -88.62 | 237.40 | 757.60 | -68.66 | 951.70 | 502.20 | 89.51 |
| PBIDT | 513.50 | 3581.90 | -85.66 | 2667.40 | 6915.40 | -61.43 | 12408.40 | 7178.50 | 72.86 |
| Interest | 40.30 | 15.20 | 165.13 | 73.20 | 52.10 | 40.50 | 89.60 | 387.20 | -76.86 |
| PBDT | 473.20 | 3566.70 | -86.73 | 2594.20 | 6863.30 | -62.20 | 12318.80 | 6791.30 | 81.39 |
| Depreciation | 436.10 | 282.50 | 54.37 | 841.80 | 566.50 | 48.60 | 1196.10 | 1496.60 | -20.08 |
| PBT | 37.10 | 3284.20 | -98.87 | 1752.40 | 6296.80 | -72.17 | 11122.70 | 5294.70 | 110.07 |
| TAX | -0.20 | 687.80 | -100.03 | 232.40 | 1451.60 | -83.99 | 3020.00 | 905.70 | 233.44 |
| Deferred Tax | -25.70 | 91.80 | -128.00 | -235.10 | 61.60 | -481.66 | 40.00 | -252.50 | -115.84 |
| PAT | 37.30 | 2596.40 | -98.56 | 1520.00 | 4845.20 | -68.63 | 8102.70 | 4389.00 | 84.61 |
| Equity | 2550.80 | 2550.80 | 0.00 | 2550.80 | 2550.80 | 0.00 | 2550.80 | 2336.10 | 9.19 |
| PBIDTM(%) | 3.64 | 30.94 | -88.23 | 9.35 | 29.51 | -68.31 | 26.64 | 23.74 | 12.20 |
Shyam Metalics&Ener - Quaterly Results
Publish Date: 09/11/2022
The Revenue for the quarter ended September 2022 of Rs. 14100.30 millions grew by 21.81 % from Rs. 11576.10 millions.The company reported a drastic decline of -98.56% in the quarter ended September 2022 to Rs. 37.30 millions from Rs. 2596.40 millions .The company reported a degrowth in operating Profit to 513.50 millions from 3581.90 millions.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202209 | 202109 | % Var | 202209 | 202109 | % Var | 202203 | 202103 | % Var | |
| Sales | 14100.30 | 11576.10 | 21.81 | 28528.90 | 23437.00 | 21.73 | 46584.10 | 30237.40 | 54.06 |
| Other Income | 84.40 | 741.70 | -88.62 | 237.40 | 757.60 | -68.66 | 951.70 | 502.20 | 89.51 |
| PBIDT | 513.50 | 3581.90 | -85.66 | 2667.40 | 6915.40 | -61.43 | 12408.40 | 7178.50 | 72.86 |
| Interest | 40.30 | 15.20 | 165.13 | 73.20 | 52.10 | 40.50 | 89.60 | 387.20 | -76.86 |
| PBDT | 473.20 | 3566.70 | -86.73 | 2594.20 | 6863.30 | -62.20 | 12318.80 | 6791.30 | 81.39 |
| Depreciation | 436.10 | 282.50 | 54.37 | 841.80 | 566.50 | 48.60 | 1196.10 | 1496.60 | -20.08 |
| PBT | 37.10 | 3284.20 | -98.87 | 1752.40 | 6296.80 | -72.17 | 11122.70 | 5294.70 | 110.07 |
| TAX | -0.20 | 687.80 | -100.03 | 232.40 | 1451.60 | -83.99 | 3020.00 | 905.70 | 233.44 |
| Deferred Tax | -25.70 | 91.80 | -128.00 | -235.10 | 61.60 | -481.66 | 40.00 | -252.50 | -115.84 |
| PAT | 37.30 | 2596.40 | -98.56 | 1520.00 | 4845.20 | -68.63 | 8102.70 | 4389.00 | 84.61 |
| Equity | 2550.80 | 2550.80 | 0.00 | 2550.80 | 2550.80 | 0.00 | 2550.80 | 2336.10 | 9.19 |
| PBIDTM(%) | 3.64 | 30.94 | -88.23 | 9.35 | 29.51 | -68.31 | 26.64 | 23.74 | 12.20 |
Shyam Metalics&Ener - Quaterly Results
Publish Date: 14/02/2023
The sales figure stood at Rs. 16008.30 millions for the December 2022 quarter. The mentioned figure indicates a growth of about 41.34% as compared to Rs. 11326.00 millions during the year-ago period.Net Profit for the quarter ended December 2022 dipped to Rs. 240.20 millions from Rs. 2096.40 millions in the corresponding previous quarter.Operating Profit reported a sharp decline to 1093.20 millions from 2859.70 millions in the corresponding previous quarter.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202212 | 202112 | % Var | 202212 | 202112 | % Var | 202203 | 202103 | % Var | |
| Sales | 16008.30 | 11326.00 | 41.34 | 44537.20 | 34763.00 | 28.12 | 46584.10 | 30237.40 | 54.06 |
| Other Income | 250.50 | 102.70 | 143.91 | 487.90 | 860.30 | -43.29 | 951.70 | 502.20 | 89.51 |
| PBIDT | 1093.20 | 2859.70 | -61.77 | 3760.60 | 9775.10 | -61.53 | 12408.40 | 7178.50 | 72.86 |
| Interest | 146.10 | 17.00 | 759.41 | 219.30 | 69.10 | 217.37 | 89.60 | 387.20 | -76.86 |
| PBDT | 947.10 | 2842.70 | -66.68 | 3541.30 | 9706.00 | -63.51 | 12318.80 | 6791.30 | 81.39 |
| Depreciation | 643.80 | 284.50 | 126.29 | 1485.60 | 851.00 | 74.57 | 1196.10 | 1496.60 | -20.08 |
| PBT | 303.30 | 2558.20 | -88.14 | 2055.70 | 8855.00 | -76.78 | 11122.70 | 5294.70 | 110.07 |
| TAX | 63.10 | 461.80 | -86.34 | 295.50 | 1913.40 | -84.56 | 3020.00 | 905.70 | 233.44 |
| Deferred Tax | 61.30 | -8.20 | -847.56 | -173.80 | 53.40 | -425.47 | 40.00 | -252.50 | -115.84 |
| PAT | 240.20 | 2096.40 | -88.54 | 1760.20 | 6941.60 | -74.64 | 8102.70 | 4389.00 | 84.61 |
| Equity | 2550.80 | 2550.80 | 0.00 | 2550.80 | 2550.80 | 0.00 | 2550.80 | 2336.10 | 9.19 |
| PBIDTM(%) | 6.83 | 25.25 | -72.95 | 8.44 | 28.12 | -69.97 | 26.64 | 23.74 | 12.20 |
Shyam Metalics&Ener - Quaterly Results
Publish Date: 14/02/2023
The sales moved up 41.34% to Rs. 16008.30 millions for the December 2022 quarter as compared to Rs. 11326.00 millions during the year-ago period.A big loss of -88.54% reported for the quarter ended December 2022 to Rs. 240.20 millions from Rs. 2096.40 millions.The Operating Profit of the company witnessed a decrease to 1093.20 millions from 2859.70 millions.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202212 | 202112 | % Var | 202212 | 202112 | % Var | 202203 | 202103 | % Var | |
| Sales | 16008.30 | 11326.00 | 41.34 | 44537.20 | 34763.00 | 28.12 | 46584.10 | 30237.40 | 54.06 |
| Other Income | 250.50 | 102.70 | 143.91 | 487.90 | 860.30 | -43.29 | 951.70 | 502.20 | 89.51 |
| PBIDT | 1093.20 | 2859.70 | -61.77 | 3760.60 | 9775.10 | -61.53 | 12408.40 | 7178.50 | 72.86 |
| Interest | 146.10 | 17.00 | 759.41 | 219.30 | 69.10 | 217.37 | 89.60 | 387.20 | -76.86 |
| PBDT | 947.10 | 2842.70 | -66.68 | 3541.30 | 9706.00 | -63.51 | 12318.80 | 6791.30 | 81.39 |
| Depreciation | 643.80 | 284.50 | 126.29 | 1485.60 | 851.00 | 74.57 | 1196.10 | 1496.60 | -20.08 |
| PBT | 303.30 | 2558.20 | -88.14 | 2055.70 | 8855.00 | -76.78 | 11122.70 | 5294.70 | 110.07 |
| TAX | 63.10 | 461.80 | -86.34 | 295.50 | 1913.40 | -84.56 | 3020.00 | 905.70 | 233.44 |
| Deferred Tax | 61.30 | -8.20 | -847.56 | -173.80 | 53.40 | -425.47 | 40.00 | -252.50 | -115.84 |
| PAT | 240.20 | 2096.40 | -88.54 | 1760.20 | 6941.60 | -74.64 | 8102.70 | 4389.00 | 84.61 |
| Equity | 2550.80 | 2550.80 | 0.00 | 2550.80 | 2550.80 | 0.00 | 2550.80 | 2336.10 | 9.19 |
| PBIDTM(%) | 6.83 | 25.25 | -72.95 | 8.44 | 28.12 | -69.97 | 26.64 | 23.74 | 12.20 |
Shyam Metalics&Ener - Quaterly Results
Publish Date: 14/02/2023
The sales moved up 41.34% to Rs. 16008.30 millions for the December 2022 quarter as compared to Rs. 11326.00 millions during the year-ago period.A big loss of -88.54% reported for the quarter ended December 2022 to Rs. 240.20 millions from Rs. 2096.40 millions.The Operating Profit of the company witnessed a decrease to 1093.20 millions from 2859.70 millions.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202212 | 202112 | % Var | 202212 | 202112 | % Var | 202203 | 202103 | % Var | |
| Sales | 16008.30 | 11326.00 | 41.34 | 44537.20 | 34763.00 | 28.12 | 46584.10 | 30237.40 | 54.06 |
| Other Income | 250.50 | 102.70 | 143.91 | 487.90 | 860.30 | -43.29 | 951.70 | 502.20 | 89.51 |
| PBIDT | 1093.20 | 2859.70 | -61.77 | 3760.60 | 9775.10 | -61.53 | 12408.40 | 7178.50 | 72.86 |
| Interest | 146.10 | 17.00 | 759.41 | 219.30 | 69.10 | 217.37 | 89.60 | 387.20 | -76.86 |
| PBDT | 947.10 | 2842.70 | -66.68 | 3541.30 | 9706.00 | -63.51 | 12318.80 | 6791.30 | 81.39 |
| Depreciation | 643.80 | 284.50 | 126.29 | 1485.60 | 851.00 | 74.57 | 1196.10 | 1496.60 | -20.08 |
| PBT | 303.30 | 2558.20 | -88.14 | 2055.70 | 8855.00 | -76.78 | 11122.70 | 5294.70 | 110.07 |
| TAX | 63.10 | 461.80 | -86.34 | 295.50 | 1913.40 | -84.56 | 3020.00 | 905.70 | 233.44 |
| Deferred Tax | 61.30 | -8.20 | -847.56 | -173.80 | 53.40 | -425.47 | 40.00 | -252.50 | -115.84 |
| PAT | 240.20 | 2096.40 | -88.54 | 1760.20 | 6941.60 | -74.64 | 8102.70 | 4389.00 | 84.61 |
| Equity | 2550.80 | 2550.80 | 0.00 | 2550.80 | 2550.80 | 0.00 | 2550.80 | 2336.10 | 9.19 |
| PBIDTM(%) | 6.83 | 25.25 | -72.95 | 8.44 | 28.12 | -69.97 | 26.64 | 23.74 | 12.20 |
Shyam Metalics and Energy informs about press release
Publish Date: 10/11/2022
Shyam Metalics and Energy has informed that it enclosed the copies of newspaper advertisement published regarding Unaudited (Standalone & Consolidated) Financial Results for the Quarter and Half Year Ended 30th September, 2022 published in Financial Express (English edition), Arthik Lipi (Bengali edition) and Jansatta (Hindi Edition) on Thursday, 10th November, 2022.
The above information is a part of company’s filings submitted to BSE.
Shyam Metalics and Energy informs about earnings call transcript
Publish Date: 15/11/2022
Shyam Metalics and Energy has informed about transcript of the conference call for Un-audited (standalone and consolidated) Financial Results for the Quarter and Half Year Ended 30th September, 2022.
The above information is a part of company’s filings submitted to BSE.
Shyam Metalics and Energy zooms on completing acquisition of Mittal Corp
Publish Date: 21/12/2022
With this development, Shyam Metalics has embarked on a ‘diversification approach’ in the metal space to chart the company’s growth journey
Shyam Metalics and Energy is currently trading at Rs. 313.75, up by 22.45 points or 7.71% from its previous closing of Rs. 291.30 on the BSE.
The scrip opened at Rs. 307.95 and has touched a high and low of Rs. 318.55 and Rs. 304.00 respectively. So far 62750 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 385.40 on 24-Mar-2022 and a 52 week low of Rs. 273.00 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 318.55 and Rs. 289.00 respectively. The current market cap of the company is Rs. 8009.53 crore.
The promoters holding in the company stood at 88.35%, while Institutions and Non-Institutions held 3.83% and 7.82% respectively.
Shyam Metalics and Energy (SMEL) has completed the acquisition of Mittal Corp with a foray into the Stainless Steel (SS) / Wire Rod & Bar Mill business. The matter is subjudice and shall be resolved in due course. This inorganic growth will witness the establishment of manufacturing footprints in the state of Madhya Pradesh and add capacities of 1,50,000 tpa Stainless Steel / Wire Rod & Bar Mill. Ferro Alloys a key input material for Stainless Steel is extensively produced by Shyam Metalics’ existing companies. The Government has mandated a minimum 20% use of stainless steel in Coastal Areas which ensures a very stable demand for these products.
With this development, Shyam Metalics has embarked on a ‘diversification approach’ in the metal space to chart the company’s growth journey and has proposed to further invest Rs 7500 crores over the next five years. In order to meet the growth plans with organic and inorganic expansion, SMEL’s present Capex aims at growing to Rs 10000 crore in the next five years. The current manufacturing plants in West Bengal and Odisha which employs more than 15000 people will further see an addition of 10000 jobs to the entire workforce post expansions.
In 2021, SMEL made a very successful acquisition in the aluminum foil metal space and then successfully implemented one of India’s largest Aluminium Foil Rolling Plant in India in the State of West Bengal. The acquisition of Sri Venkateshwara, a small Aluminium Foil plant in Giridh with an annual capacity of 3600 MTPA has hugely benefited the setting up of the Aluminium Foil Rolling mill complex to manufacture Quality Products with an annual rolling capacity of 40000 MT per annum.
SMEL has also taken control of Ramsarup Industries through NCLT which will help facilitate inorganic growth in the steel space. Following the takeover of Ramsarup Industries in May 2022, Shyam Metalics aims at enhancing and reviving the operations and steel-making manufacturing facilities of Ramsarup. Fresh planning for revival aided with the deployment of capital will lead to the generation of 3000 new jobs and facilitate the growth of the company the state and its people.
Shyam Metalics and Energy is a leading integrated metal producing company based in India with a focus on long steel products and ferro alloys.
Shyam Metalics and Energy trades higher on commissioning additional production capacity
Publish Date: 13/01/2023
Consequently, the company is all set to start commercial production from the same plant
Shyam Metalics and Energy is currently trading at Rs. 305.00, up by 3.90 points or 1.30% from its previous closing of Rs. 301.10 on the BSE.
The scrip opened at Rs. 308.05 and has touched a high and low of Rs. 310.70 and Rs. 304.00 respectively. So far 5707 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 385.40 on 24-Mar-2022 and a 52 week low of Rs. 273.00 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 310.70 and Rs. 294.40 respectively. The current market cap of the company is Rs. 7790.16 crore.
The promoters holding in the company stood at 88.35%, while Institutions and Non-Institutions held 3.83% and 7.82% respectively.
Shyam Metalics and Energy has commissioned additional production capacity of 12,00,000 TPA (tonnes per annum) at its Sambalpur Pellet Plant in Odisha. Consequently, the company is all set to start commercial production from the same plant.
Earlier, Shyam Metalics and Energy’s material wholly owned subsidiary -- Shyam Sel & Power had commissioned 291360 TPA additional capacity in addition to the existing capacity of 543840 TPA at Jamuria, West Bengal.
Shyam Metalics and Energy is a leading integrated metal producing company based in India with a focus on long steel products and ferro alloys.
Shyam Metalics and Energy informs about newspaper advertisement
Publish Date: 15/02/2023
Pursuant to Regulation 30 and 47(3) read with Schedule III of SEBI (LODR) Regulations, 2015, Shyam Metalics and Energy has informed that it enclosed the copies of newspaper advertisement published regarding Unaudited (Standalone & Consolidated) Financial Results for the Quarter and Nine Months Ended 31st December, 2022 published in Financial Express (English edition), Arthik Lipi (Bengali edition) and Jansatta (Hindi Edition) on Wednesday, 15th February, 2023.
The above information is a part of company’s filings submitted to BSE.
Shyam Metalics and Energy informs about analyst meet
Publish Date: 23/03/2023
Pursuant to Regulation 30 of the Securities And Exchange Board of India (Listing Obligations And Disclosure Requirements) Regulations, 2015, Shyam Metalics and Energy has informed that the representatives of Various Analysts/Institutional Investors/Investors, etc. will be visiting the plant of Shyam Metalics And Energy, situated at Sambalpur, Odisha on Thursday, 23rd March, 2023.
The above information is a part of company’s filings submitted to BSE.
Board Meeting
Publish Date: 14/02/2023
Quarterly Results
Board Meeting
Publish Date: 02/08/2022
Quarterly Results & Interim Dividend
Board Meeting
Publish Date: 18/05/2022
Final Dividend & Audited Results
Ex Dividend
Publish Date: 18/02/2022
Rs.2.2500 per share(22.5%)Interim Dividend
Board Meeting
Publish Date: 09/02/2022
Quarterly Results & Interim Dividend
Ex Dividend
Publish Date: 17/11/2021
Rs.2.2500 per share(22.5%)Interim Dividend
Board Meeting
Publish Date: 08/11/2021
Shyam Metalics And Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/11/2021 ,inter alia, to consider and approve Board to Consider Financial Results for the quarter and half year ended as on 30th September, 2021 and declare interim dividend, if any.
Shyam Metalics and Energy’s arm commissions expanded capacity
Publish Date: 21/10/2022
The company has commissioned 291360 TPA additional capacity in addition to the existing capacity of 543840 TPA
Shyam Metalics and Energy’s material wholly owned subsidiary -- Shyam Sel & Power has commissioned 291360 TPA additional capacity in addition to the existing capacity of 543840 TPA at Jamuria, West Bengal and is ready for commercial production with immediate effect.
Shyam Metalics and Energy is a leading integrated metal producing company based in India with a focus on long steel products and ferro alloys.
Shyam Metalics and Energy reports 73% fall in Q2 consolidated net profit
Publish Date: 10/11/2022
Total consolidated income of the company increased by 23.53% to Rs 3,106.85 crore for Q2FY23
Shyam Metalics and Energy reported results for second quarter ended September 30, 2022.
The company has reported fall of 98.56% in its net profit at Rs 3.73 crore for Q2FY23 as compared to Rs 259.64 crore for the corresponding quarter previous year. However, total income of the company increased by 15.16% to Rs 1,418.47 crore for the quarter under review as compared to Rs 1,231.78 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported fall of 72.97% in its net profit at Rs 110.91 crore for the quarter under review as compared to Rs 410.28 crore for the same quarter in the previous year. However, total income of the company increased by 23.53% to Rs 3,106.85 crore for the quarter under review as compared to Rs 2,515.02 crore for the same quarter in the previous year.
Shyam Metalics and Energy completes acquisition of Mittal Corp
Publish Date: 21/12/2022
With this development, Shyam Metalics has embarked on a ‘diversification approach’ in the metal space to chart the company’s growth journey
Shyam Metalics and Energy (SMEL) has completed the acquisition of Mittal Corp with a foray into the Stainless Steel (SS) / Wire Rod & Bar Mill business. The matter is subjudice and shall be resolved in due course. This inorganic growth will witness the establishment of manufacturing footprints in the state of Madhya Pradesh and add capacities of 1,50,000 tpa Stainless Steel / Wire Rod & Bar Mill. Ferro Alloys a key input material for Stainless Steel is extensively produced by Shyam Metalics’ existing companies. The Government has mandated a minimum 20% use of stainless steel in Coastal Areas which ensures a very stable demand for these products.
With this development, Shyam Metalics has embarked on a ‘diversification approach’ in the metal space to chart the company’s growth journey and has proposed to further invest Rs 7500 crores over the next five years. In order to meet the growth plans with organic and inorganic expansion, SMEL’s present Capex aims at growing to Rs 10000 crore in the next five years. The current manufacturing plants in West Bengal and Odisha which employs more than 15000 people will further see an addition of 10000 jobs to the entire workforce post expansions.
In 2021, SMEL made a very successful acquisition in the aluminum foil metal space and then successfully implemented one of India’s largest Aluminium Foil Rolling Plant in India in the State of West Bengal. The acquisition of Sri Venkateshwara, a small Aluminium Foil plant in Giridh with an annual capacity of 3600 MTPA has hugely benefited the setting up of the Aluminium Foil Rolling mill complex to manufacture Quality Products with an annual rolling capacity of 40000 MT per annum.
SMEL has also taken control of Ramsarup Industries through NCLT which will help facilitate inorganic growth in the steel space. Following the takeover of Ramsarup Industries in May 2022, Shyam Metalics aims at enhancing and reviving the operations and steel-making manufacturing facilities of Ramsarup. Fresh planning for revival aided with the deployment of capital will lead to the generation of 3000 new jobs and facilitate the growth of the company the state and its people.
Shyam Metalics and Energy is a leading integrated metal producing company based in India with a focus on long steel products and ferro alloys.
Shyam Metalics and Energy commissions additional production capacity
Publish Date: 12/01/2023
Consequently, the company is all set to start commercial production from the same plant
Shyam Metalics and Energy has commissioned additional production capacity of 12,00,000 TPA (tonnes per annum) at its Sambalpur Pellet Plant in Odisha. Consequently, the company is all set to start commercial production from the same plant.
Earlier, Shyam Metalics and Energy’s material wholly owned subsidiary -- Shyam Sel & Power had commissioned 291360 TPA additional capacity in addition to the existing capacity of 543840 TPA at Jamuria, West Bengal.
Shyam Metalics and Energy is a leading integrated metal producing company based in India with a focus on long steel products and ferro alloys.
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