Shyam Metalics and Energy (SHYAMMETL) Q3 24/25 earnings summary

Executive summary

• Achieved strong operational and financial performance in Q3 FY25, with 13.2% year-over-year revenue growth and PAT of ₹197.31 crore, supported by robust production capabilities, new facility commissioning, and a diversified product mix.

• Strategic expansions advanced through significant CapEx execution, acquisitions (Mittal Corp, Ramsarup Industries), and greenfield/brownfield projects in stainless steel and aluminium.

• Interim dividend of ₹2.25 per share declared for FY 2024-25, with payment to be made within the stipulated time.

Financial highlights

• Q3 FY25 consolidated operating revenue reached ₹3,753 crore, up 13.2% year-over-year; consolidated net profit after tax was ₹197.31 crore.

• Operating EBITDA for Q3 was ₹506.96 crore (consolidated), with an EBITDA margin of 12.2%.

• Export revenue contributed 11% of total revenue; finished steel accounted for 49% of revenue.

• Basic EPS (consolidated) for Q3: ₹7.10.

Outlook and guidance

• Ongoing capacity expansions in carbon steel, stainless steel, and aluminium to drive future growth and margin accretion, with a focus on value-added products targeting 80% of revenue mix.

• Margin improvements expected from stabilization of new facilities, including the blast furnace and cold rolling mill at Jamuria.

• Targeting EBITDA of ₹4,000 crore by FY28, with a CAGR of over 20% for the next 2–3 years.