Shyam Metalics Sees Volume Growth In Sales In May
By Ankur Chandra | Published at: Jun 5, 2025 05:49 PM IST
Kolkata, June 5, 2025: Shyam Metalics and Energy Limited (NSE: SHYAMMETL, BSE: 543299) has has reported performance for the month ended May 2025. The company recorded significant year-on-year (YoY) growth in sales volumes across major product categories, despite a general softness in realisations.
The company, which operates in carbon steel, stainless steel, aluminium foil, speciality alloys, and ferro alloys, with integrated manufacturing and captive power facilities, has significantly diversified its overall portfolio and is now well-positioned for future growth.
Shyam Metalics’ Key Monthly Sales Highlights – May 2025
| Product Segment | Volume (MT) | YoY Growth | MoM Growth | Avg. Realisation (₹/MT) | YoY Change | MoM Change |
|---|---|---|---|---|---|---|
| Stainless Steel | 6,999 | +41% | -2% | 1,37,296 | -0.2% | +1% |
| Aluminium Foil | 2,082 | +1% | +32% | 3,67,811 | +10% | -0.2% |
| Pellet | 1,27,090 | +78% | +22% | 8,607 | -3.8% | -2.2% |
| Speciality Alloys | 19,869 | +21% | -0.4% | 85,423 | -12.7% | -2.8% |
| Carbon Steel | 1,42,784 | +9% | +4.7% | 45,080 | -6.9% | -3% |
| CR Coil/Sheets | 8,691 | – | -21% | 74,116 | – | +5.63% |
| HR Tube/Pipe | 230 | – | -53% | 49,845 | – | +2.09% |
| Sponge Iron | 92,097 | +1% | +17% | 24,195 | -13% | -6% |
| Pig Iron | 42,604 | – | +1.7% | 33,231 | – | -6% |
Segment Insights:
- Stainless Steel volumes surged 41% YoY to 6,999 MT, although realisation dipped slightly by 0.2%.
- Aluminium Foil maintained solid performance, with 10% year-over-year (YoY) growth in realisation and 32% month-over-month (MoM) volume growth.
- Pellets saw the sharpest YoY volume spike at 78%, albeit with a 3.8% fall in realisation.
- Speciality Alloys volumes grew 21% YoY but faced a 12.7% drop in average realisation.
- Carbon Steel, comprising billets and long products, recorded 9% year-over-year (YoY) volume growth, accompanied by a nearly 7% decline in realisation.
- CR Sheets and HR Tubes/Pipes, which are newer categories, showed mixed trends after the commissioning of the colour-coated and downstream facilities. CR Sheets volumes dropped MoM by 21%, while realisation improved by 5.63%. HR Pipes experienced a steep 53% month-over-month (MoM) volume decline.
- Sponge Iron, a critical vertical, saw 1% year-over-year (YoY) and 17% month-over-month (MoM) volume growth, but realisation dropped by 13% YoY.
- Pig Iron sales reached 42,604 MT after the operational ramp-up of its new blast furnace in Jamuria, though realisation declined 6% MoM.
What Did The Company Management Say?
The company highlighted the successful start-up of its Jamuria plant’s new facilities, including a colour-coated line and blast furnace, commissioned in November 2024. This successful start-up has enabled the company to expand its product offerings and scale production volumes.
“We’ve made significant progress in diversifying our downstream portfolio and boosting utilisation levels. Our focus remains on driving integrated growth across product lines with efficient capacity usage,” the management stated in the release.
How Did The Investors React?
The investors reacted positively to the news as Shyam Metalics shares increased by 1.55%, up by ₹13.20 and closed at ₹865.55 at the end of the market session on June 5. The shares made an intraday high of ₹871.25 and a low of ₹848.95.
About the Company
Shyam Metalics and Energy Limited is a diversified metal producer with a strong presence in ferro alloys, pellets, sponge iron, carbon and stainless steel, aluminium foil, and value-added steel products. The company is among India’s top producers of ferro alloys and sponge iron, and is one of the least leveraged steel companies in the country. It holds CRISIL AA (Positive) and CRISIL A1+ credit ratings.
What’s Ahead For Shyam Metalics?
Shyam Metalics is expected to benefit from rising domestic demand and its expanding downstream portfolio. With new capacities coming online and efficient utilisation of integrated facilities, the company is poised for volume-led growth. However, it must carefully manage pricing pressure and global metal cycles to sustain margins and profitability.
REF: https://nsearchives.nseindia.com/corporate/SHYAMMETL_05062025152249_SalesRelease05062025.pdf
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