Quarterly Result24 Jan 2026, 06:41 pm
Shyam Metalics Reports 25% Volume & 18% Revenue Growth in Q3 FY26, Announces Rs. 6,660 Crores CAPEX
AI Summary
Shyam Metalics and Energy Limited (SMEL), a leading multi-metal conglomerate, has reported strong volume and revenue growth in Q3 FY26. Volumes grew by 25% YoY and revenues grew by 18% YoY. The Board approved a fresh CAPEX of Rs. 6,660 crores. The company announced its financial results for the quarter and nine months ended 31st December 2025. The operating EBITDA margin was 11.0% in Q3 FY26. The company also announced a fresh capex of Rs. 6,660 crores for value-added growth and enhancing margins. The planned CAPEX will be directed towards capacity expansion and strengthening the Company’s integrated operating model.
Key Highlights
- Shyam Metalics reports 25% volume growth and 18% revenue growth in Q3 FY26
- The Board approved a fresh CAPEX of Rs. 6,660 crores for value-added growth and enhancing margins
- The company commissioned and commenced commercial production of 0.45 MTPA blast furnace at their Kharagpur plant
- The company is a leading and fastest-growing integrated metal-producing company based in India
- Shyam Metalics is one of the leading players in terms of pellet capacity and the largest coal fired player in the sponge iron industry in terms of sponge iron capacity in India