Hey there, finance enthusiasts!
Shyam Metalics and Energy Limited (SHYAMMETL), a prominent name in India’s metal sector, recently unveiled its sales performance for June 2025 and the first quarter of FY26. For those tracking the stock, it closed at βΉ866.15, seeing a modest dip of 1.4% around the time of this announcement.
Let’s dive into the numbers and see what’s shaping up for this diversified metals player, which is known for its strong presence in carbon steel, stainless steel, specialty alloys, and even aluminium foil, alongside its captive power plants. Shyam Metalics is a significant player, particularly as one of the largest producers of Ferro Alloys and a major player in pellet capacity and sponge iron. Learn more about Shyam Metalics
This segment is buzzing thanks to the colour-coated plant in Jamuria, which began operations in November 2024. The impact is clear:
Particulars | June FY26 | June FY25 | % Change (YoY) | May FY26 | % Change (MoM) | Q1 FY26 | Q4 FY25 | % Change (QoQ) |
---|---|---|---|---|---|---|---|---|
Quantity (in MT) | 11920 | - | 0% | 8691 | 37% | 31,604 | 16,395 | 93% |
Average Realisation (Rs. / MT) | 73,981 | - | 0% | 74,116 | -0.18% | 72,692 | 68,689 | 6% |
Another new venture contributing significantly! The unit for manufacturing rectangular and square hollow section (RHS/SHS) pipes started commercial sales in February 2025.
Particulars | June FY26 | June FY25 | % Change (YoY) | May FY26 | % Change (MoM) | Q1 FY26 | Q4 FY25 | % Change (QoQ) |
---|---|---|---|---|---|---|---|---|
Quantity (in MT) | 287 | - | 0% | 230 | 25% | 1,005 | 399 | 152% |
Average Realisation (Rs. / MT) | 50,030 | - | 0% | 49,845 | 0.4% | 49,403 | 46,266 | 7% |
This segment showed robust year-on-year growth but faced a monthly decline.
Particulars | June FY26 | June FY25 | % Change (YoY) | May FY26 | % Change (MoM) | Q1 FY26 | Q4 FY25 | % Change (QoQ) |
---|---|---|---|---|---|---|---|---|
Quantity (in MT) | 1,783 | 1,176 | 52% | 2,082 | -14% | 5,440 | 5,636 | -3% |
Average Realisation (Rs. / MT) | 3,61,335 | 3,32,427 | 9% | 3,67,811 | -2% | 3,65,945 | 3,50,835 | 4% |
This segment presented a mixed performance.
Particulars | June FY26 | June FY25 | % Change (YoY) | May FY26 | % Change (MoM) | Q1 FY26 | Q4 FY25 | % Change (QoQ) |
---|---|---|---|---|---|---|---|---|
Quantity (in MT) | 16,762 | 15,216 | 10% | 19,869 | -16% | 56,576 | 52,292 | 8% |
Average Realisation (Rs. / MT) | 90,202 | 1,00,486 | -10% | 85,423 | 6% | 87,715 | 91,350 | -4% |
Stainless Steel saw a drop in volumes but managed to improve realisations.
Particulars | June FY26 | June FY25 | % Change (YoY) | May FY26 | % Change (MoM) | Q1 FY26 | Q4 FY25 | % Change (QoQ) |
---|---|---|---|---|---|---|---|---|
Quantity (in MT) | 5,665 | 7,015 | -19% | 6,999 | -19% | 19,813 | 24,133 | -18% |
Average Realisation (Rs. / MT) | 1,43,394 | 1,39,072 | 3% | 1,37,296 | 4% | 1,38,516 | 1,27,683 | 8% |
Pellet sales saw a significant MoM drop but strong QoQ growth.
Particulars | June FY26 | June FY25 | % Change (YoY) | May FY26 | % Change (MoM) | Q1 FY26 | Q4 FY25 | % Change (QoQ) |
---|---|---|---|---|---|---|---|---|
Quantity (in MT) | 80,913 | 87,251 | -7% | 1,27,090 | -36% | 3,12,151 | 1,98,430 | 57% |
Average Realisation (Rs. / MT) | 8,354 | 9,314 | -10% | 8,607 | -3% | 8,608 | 8,791 | -2% |
Carbon Steel, which includes billets and long steel products, showed consistency YoY but faced monthly and quarterly volume challenges.
Particulars | June FY26 | June FY25 | % Change (YoY) | May FY26 | % Change (MoM) | Q1 FY26 | Q4 FY25 | % Change (QoQ) |
---|---|---|---|---|---|---|---|---|
Quantity (in MT) | 1,27,615 | 1,20,803 | 6% | 1,42,784 | -10.62% | 4,06,771 | 4,47,134 | -9% |
Average Realisation (Rs. / MT) | 43,098 | 47,624 | -10% | 45,080 | -4% | 44,856 | 44,018 | 2% |
Sponge Iron saw a decline in both volumes and realisations YoY and MoM, but some QoQ recovery in volumes.
Particulars | June FY26 | June FY25 | % Change (YoY) | May FY26 | % Change (MoM) | Q1 FY26 | Q4 FY25 | % Change (QoQ) |
---|---|---|---|---|---|---|---|---|
Quantity (in MT) | 86,123 | 89,261 | -4% | 92,097 | -6% | 2,56,956 | 2,43,840 | 5% |
Average Realisation (Rs. / MT) | 22,585 | 26,326 | -14% | 24,195 | -7% | 24,100 | 24,510 | -2% |
The blast furnace plant, commissioned in November 2024, is clearly ramping up production.
Particulars | June FY26 | June FY25 | % Change (YoY) | May FY26 | % Change (MoM) | Q1 FY26 | Q4 FY25 | % Change (QoQ) |
---|---|---|---|---|---|---|---|---|
Quantity (in MT) | 37,232 | - | 0% | 42,604 | -12.61% | 1,21,722 | 67,372 | 81% |
Average Realisation (Rs. / MT) | 32,529 | - | 0% | 33,231 | -2% | 33,762 | 33,814 | -0.2% |
It’s clear that Shyam Metalics’ recent investments in new facilities, particularly the colour-coated plant and the blast furnace, are starting to pay off with significant volumetric growth in their respective segments. While some traditional segments like Stainless Steel, Pellet, and Sponge Iron saw dips in June, the overall picture for Q1 FY26, especially considering the ramp-up of new capacities, looks promising.
This diversified product mix allows Shyam Metalics to adapt and leverage various market opportunities across the steel value chain. With an upgraded CRISIL AA (Positive) rating for long-term bank facilities, Shyam Metalics continues to position itself as one of the least leveraged steel companies in India. This financial health provides a strong foundation as they continue to grow and expand.
That’s a wrap for Shyam Metalics’ June 2025 update! Stay tuned for more insights into the market.
Happy investing! π°
source: Corporate Announcement