Shyam Metalics and Energy Limited has reported robust financial results for the fourth quarter and the financial year ended March 31, 2026. The company achieved significant growth in revenue and profit, bolstered by solid operational performance. Alongside the financial results, the Board has recommended a final dividend of ₹2.70 per equity share and announced a major capital expenditure plan worth ₹2,700 crore to drive future growth and capacity expansion.
Financial Highlights
For the financial year ended March 31, 2026, the company recorded consolidated revenue from operations of ₹18,552.24 crore, compared to ₹15,158.63 crore in the previous year. The consolidated net profit attributable to the owners of the company reached ₹1,070.24 crore for the year, showing continued growth over the ₹908.10 crore reported in the previous fiscal year. The company’s earnings per share (EPS) stood at ₹38.10 for the fiscal year.
Strategic Capital Expenditure
The company has announced a significant expansion plan involving a total capital expenditure of ₹2,700 crore. Key projects include:
- Long & Speciality Wire and Bar Mill (SBQ Mill) at Kharagpur: 8,00,000 TPA capacity with an investment of ₹900 crore, expected by March 31, 2029.
- Expansion of Stainless Steel facilities at Sambalpur: Upgrading capacity to 0.60 MTPA with an investment of ₹1,800 crore, expected by March 1, 2029.
These investments are designed to enhance manufacturing capacity, broaden the product portfolio, and strengthen the company’s long-term market position.
Dividend and Governance
Demonstrating a commitment to shareholder value, the Board has recommended a final dividend of ₹2.70 per equity share, representing 27% of the face value of ₹10. Additionally, the company has appointed Ernst & Young LLP as Internal Auditors and BSS & Associates as Cost Auditors for the 2026-27 financial year to ensure robust governance and oversight.
Source: BSE
