Shyam Metalics and Energy Ltd

Securities in F&O Ban: Birlasoft, Hindustan Copper and Manappuram Finance shares are banned from F&O trading on 9 April 2025. Results Today: BF Utilities and OK Play will declare their results in later today. Stocks to Watch: Shyam Metalics and Energy reported a 13% year on year growth in stainless steel sales for the month of March, reaching 6,619 tonnes. Stainless steel sales jumped 66% YoY to 84,404 metric tonnes in FY25. Senco Gold reported a 23% year on year retail growth in Q4 FY25.The same stores sales growth (SSSG) jumped 18.4% year on year in Q4 FY25 and 14.6% in FY25. Signatureglobal (India) achieved pre-sales of Rs 1,620 crore for the fourth quarter of the financial year 2025, showing a growth of 42% compared to last year, surpassing the financial year 2025 guidance. NTPC Green Energy incorporated NTPC-Mahapreit Green Energy as a 74:26 joint venture of the company. This has been done along with the inclusion of Mahatma Phule Renewable Energy and Infrastructure Technology. Concord Biotech received approval from the USFDA for marketing 7 mg and 14 mg Teriflunomide Tablets. Teriflunomide Tablets are used for treating patients with relapsing forms of multiple sclerosis. Bharat Petroleum Corporation entered a joint venture agreement with Sembcorp to explore renewable energy and green hydrogen projects across India. The JV will also consider projects in green ammonia production and bunkering. Ashoka Buildcon to sell 51% stake in the arm Prakashmaan Renewable Energy to Sunbreeze Renewables.Powered by Capital Market - Live

Shyam Metalics & Energy announced that the Board of Directors of the Company at its meeting held on 28 January 2025, has recommended a Interim dividend of Rs.2.25 per share (i.e.22.5%), subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Shyam Metalics & Energy rose 55.31% to Rs 197.71 crore in the quarter ended December 2024 as against Rs 127.30 crore during the previous quarter ended December 2023. Sales rose 13.19% to Rs 3752.51 crore in the quarter ended December 2024 as against Rs 3315.29 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales3752.513315.29 13 OPM %12.1512.29 - PBDT465.80407.73 14 PBT263.09225.64 17 NP197.71127.30 55 Powered by Capital Market - Live

Shyam Metalics & Energy has fixed 07 February 2025 as record date for payment of interim dividend of Rs 2.25 per equity share of Rs 10 for FY 2024-25. Powered by Capital Market - Live

Shyam Metalics & Energy will hold a meeting of the Board of Directors of the Company on 28 January 2025.Powered by Capital Market - Live

However, the average realisation of stainless steel deceresed 6% YoY to Rs 1,22,681 per MT in December 2024. The production of aluminium foil jumped 32% YoY to 1,910 MT with the average realisations increased by 11% YoY to Rs 3,56,235 /MT in December 2024. Speciality alloys production stood at 14,502 MT in December 2024, marking a 7% (YoY) increase. However, the average realisation decreased 6% YoY to Rs 89,628 /MT. Carbon Steel production rose 11% YoY to 1,58,333 MT and average realisation slipped 5% to Rs 42,988 /MT in December 2024. The sponge iron production fell 31% to 74,305 MT in December 2024 from 1,07,198 MT in December 2023 and average realisation shed 6% YoY to Rs 24,410 /MT in December 2024. Pellet production increased by 42% (YoY) to 87,114 MT in December 2024, while the average realisation saw a 5% YoY decline to Rs 8,687 /MT. Pig iron production zoomed by 772% to 24,594 MT in December 2024 in terms of sales volumes. However, the average realisation decreased by 5% month-on-month (MoM), reaching to Rs 33,595 /MT. CR Coil/CR Sheets production surged by 69% to 1,932 MT in December 2024 in terms of sales volume. Additionally, the average realisation rose by 14% to Rs 68,057 /MT. Shyam Metalics and Energy is a leading integrated metal producing company based in India with a focus on long steel products and ferro alloys. The company is amongst the largest producers of ferro alloys, one of the leading players in terms of pellet capacity and the fourth largest player in the sponge iron industry in terms of sponge iron capacity in India. The company's consolidated net profit dropped 55.3% to Rs 215.68 crore in Q2 FY25 as against Rs 481.97 crore posted in Q2 FY24. However, revenue from operations jumped 23.6% YoY to Rs 3,634.02 crore in the quarter ended 30 September 2024. Powered by Capital Market - Live

Asahi India Glass Ltd, Saregama India Ltd, Avenue Supermarts Ltd, Sapphire Foods India Ltd are among the other stocks to see a surge in volumes on NSE today, 03 January 2025.Shyam Metalics & Energy Ltd recorded volume of 40.52 lakh shares by 14:14 IST on NSE, a 14.81 times surge over two-week average daily volume of 2.74 lakh shares. The stock gained 4.03% to Rs.772.45. Volumes stood at 5.07 lakh shares in the last session.Asahi India Glass Ltd registered volume of 9.03 lakh shares by 14:14 IST on NSE, a 14.35 fold spurt over two-week average daily volume of 62922 shares. The stock slipped 2.34% to Rs.735.05. Volumes stood at 31914 shares in the last session.Saregama India Ltd saw volume of 58.35 lakh shares by 14:14 IST on NSE, a 13.5 fold spurt over two-week average daily volume of 4.32 lakh shares. The stock increased 13.88% to Rs.544.65. Volumes stood at 3.19 lakh shares in the last session.Avenue Supermarts Ltd recorded volume of 83.25 lakh shares by 14:14 IST on NSE, a 11.06 times surge over two-week average daily volume of 7.52 lakh shares. The stock gained 12.21% to Rs.4,051.90. Volumes stood at 5.66 lakh shares in the last session.Sapphire Foods India Ltd clocked volume of 38.03 lakh shares by 14:14 IST on NSE, a 8.81 times surge over two-week average daily volume of 4.32 lakh shares. The stock gained 1.22% to Rs.345.65. Volumes stood at 2.84 lakh shares in the last session.Powered by Capital Market - Live

Shyam Metalics & Energy has received revision in credit ratings from CRISIL as under: Long term bank facilities - CRISIL AA/ Positive (upgraded) Short term bank facilities - CRISIL A1+ (reaffirmed) Rs 50 crore commercial paper - CRISIL A1+ (reaffirmed) Powered by Capital Market - Live

Net profit of Shyam Metalics & Energy declined 55.48% to Rs 215.50 crore in the quarter ended September 2024 as against Rs 484.09 crore during the previous quarter ended September 2023. Sales rose 23.58% to Rs 3634.02 crore in the quarter ended September 2024 as against Rs 2940.70 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales3634.022940.70 24 OPM %11.1910.44 - PBDT450.77309.94 45 PBT306.80133.40 130 NP215.50484.09 -55 Powered by Capital Market - Live

Shyam Metalics & Energy has officially commissioned a new blast furnace and launched a sinter plant at its Jamuria facility. With an investment of Rs. 600 crore, this significant new development aims to expand production capabilities to meet the growing demand for high-quality steel products across various industries. The newly commissioned blast furnace has a capacity of 0.77 million tonnes per annum (MTPA), substantially increasing the plant's production capability. This blast furnace, with a volume of 550 cubic meters, is equipped with three top-fired stoves, modern coal dust injection technology, and a dry gas cleaning plant to optimize the steelmaking process. This enhancement is anticipated to boost steel production by 0.77 MTPA and improve margins by approximately Rs. 700/MTPA.Powered by Capital Market - Live