Shyam Metalics and Energy Limited announced its sales release for January 2026, showcasing varied performance across its product segments. Pig iron sales surged significantly due to recent capacity additions, while other segments showed a mix of growth and decline. The company continues to focus on delivering high-performance roofing solutions and leveraging its integrated production capabilities.
Sales Performance Overview
Shyam Metalics and Energy Limited (SMEL) has released its sales data for the month of January 2026, revealing diverse trends across its key product categories. The company’s performance reflects its focus on integrated operations and strategic expansions. Here’s a detailed breakdown:
Stainless Steel
The stainless steel segment experienced a decrease in sales volume by 5.36% compared to January 2025. However, the average realization increased by 11.43% year-over-year. Month-over-month, sales volume decreased by 9.70%, while realization decreased by 3.32%.
Aluminum Foil
Aluminum foil sales volume saw a slight decrease of 1.45% compared to January 2025, but the average realization improved by 13.51% year-over-year. Month-over-month, sales volume decreased by 2.74%, while realization increased by 1.48%.
Pellet Sales
The pellet segment demonstrated robust growth, with sales volume increasing by 42.14% compared to January 2025, and average realization rising by 5.76% year-over-year. Month-over-month, sales volume increased by 29.74%, and realization increased by 0.88%.
Speciality Alloys
Speciality alloys also showed positive performance, with sales volume increasing by 7.15% compared to January 2025 and average realization increasing by 1.81% year-over-year. However, month-over-month, sales volume decreased significantly by 17.78%, while realization increased by 2.02%.
Carbon Steel
Carbon steel sales volume decreased by 4.52% compared to January 2025, while average realization increased by 0.76% year-over-year. Month-over-month, sales volume increased by 6.44% and realization increased by 6.16%.
CR Coil/ CR Sheets
This segment showed substantial growth, with sales volume increasing by 620.08% compared to January 2025 and average realization increasing by 10.92% year-over-year. Month-over-month, sales volume decreased by 1.05% and realization increased by 4.88%. The company’s color-coated plant, commissioned in November 2024, is now contributing color-coated sheets to this segment.
HR Tube/Pipe
Compared to the previous month, there has been an increase of 49.23% in sales volumes, whereas the realizations have increased by 1.99% on a MoM basis.
Sponge Iron
Sponge iron sales volume decreased by 20.90% compared to January 2025, and the average realization decreased by 2.17% year-over-year. Month-over-month, sales volume decreased by 24.14%, but realization increased by 4.97%.
Pig Iron
Pig iron sales volume increased significantly by 347.94% compared to January 2025, with average realization increasing by 6.21% year-over-year. Month-over-month, sales volume increased by 78.78%, and realization increased by 9.54%. This growth is attributed to the implementation of the blast furnace plant in November 2024.
Strategic Initiatives
Shyam Metalics continues to focus on delivering high-performance roofing solutions through its SEL Tiger Roofing Sheets range, which includes SEL TIGER Royale, SEL TIGER ELITE, SEL TIGER AZURE, and SEL TIGER ALFA.
Source: BSE
