Synopsis: Shyam Metalics & Energy Ltd rose 8% after FY26 pellet volumes surged 39.9%, pig iron 597%, CR coils 716%, HR tubes 937%, while March stainless steel sales climbed 58.9%.
The shares of this company are primarily engaged in the manufacturing of steel and allied products including pellets, sponge iron, TMT and long products, ferro alloys and generation of power are in the spotlight after it rose by 8% in today’s session after reporting stainless steel sales volume increased 58.9% YoY and other related updates.
With a market capitalisation of Rs. 23,318 cr, the shares of Shyam Metalics & Energy Ltd were trading at Rs. 835.40 per share, surging 8% in today’s session, making a high of Rs. 856.20, up from its previous close of Rs. 794.30 per share.
Business Updates
Stainless Steel
Shyam Metalics and Energy Limited reported strong growth in stainless steel during March 2026. Sales volume increased 58.9% YoY to 10,519 MT, while realizations improved 19% to Rs. 1.53 lakh/MT. For FY26, volumes rose 11.5% and realizations increased 6.7%.
Aluminium Foil
Aluminium foil sales remained healthy, with March volumes rising 8.5% YoY and 47.2% MoM to 2,160 MT. Realizations increased 18.5% YoY to Rs. 4.26 lakh/MT. Full-year volume growth stood at 4%, while realizations improved 10.4%.
Pellets
Pellet sales recorded one of the strongest performances. March volumes surged 44.3% YoY and 76.4% MoM to 1.07 lakh MT, while realizations rose 10.9%. For FY26, pellet volumes increased 39.9%, supported by strong demand.
Speciality Alloys
Speciality alloys delivered steady growth, with March sales volumes rising 8.6% YoY and 15.8% MoM to 20,130 MT. Realizations increased 12.9% YoY. On a full-year basis, volumes rose 11.9%, although realizations declined slightly by 2.2%.
Carbon Steel
Carbon steel, which includes billets and long steel products, posted moderate growth. March volumes rose 3.1% YoY and 8.3% MoM to 1.56 lakh MT. Realizations improved 3.7%. FY26 volumes were up 2.2%, though realizations declined 3.3%.
CR Coil / CR Sheets
CR coil and CR sheet sales saw exceptional growth after the commissioning of the colour-coated plant at Jamuria. March volumes almost doubled, rising 94.8% YoY, while FY26 volumes surged 716%. Realizations improved 18.6% YoY and 11.1% for the full year.
HR Tube / Pipe
HR tubes and pipes, manufactured using leftover HR coils from the colour-coated plant, showed strong annual growth. FY26 volumes jumped 937%, while March realizations increased 18.6% YoY. However, March volumes declined 35.9% YoY.
Sponge Iron
Sponge iron remained the weakest segment. March sales volumes declined 2.3% YoY, while FY26 volumes fell 10.9%. Realizations improved marginally in March by 2%, but full-year realizations were down 6.5%.
Pig Iron
Pig iron emerged as the fastest-growing segment. March volumes jumped 245.4% YoY and 108.6% MoM to 94,319 MT. For FY26, volumes surged nearly 597%, while realizations remained largely stable with a slight increase of 0.4%.
Shyam Metalics and Energy Ltd is a leading multi metal conglomerate with footprints in carbon steel, stainless steel, speciality alloys and aluminium foil along with captive power plants. It is a leading integrated metal producing company based in India with a focus on long steel products and ferro alloys. One of 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.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post Steel Stock Jumps 8% After FY26 Sales Volumes Skyrocket by Up to 937% Across Key Segments appeared first on Trade Brains.