Shyam Metalics Q4 Revenue Rises 27%

14 May 2026 CW Team

Shyam Metalics and Energy reported consolidated revenue of Rs 52.40 billion in Q4 FY26, registering 27 per cent year-on-year growth from Rs 41.39 billion in Q4 FY25. EBITDA rose 33 per cent to Rs 7.56 billion, while Profit After Tax increased 42 per cent to Rs 3.12 billion. Operating EBITDA grew 41 per cent to Rs 7.27 billion during the quarter.

For FY26, the company posted consolidated revenue of Rs 185.52 billion, up 22 per cent over FY25. EBITDA stood at Rs 25.37 billion, while PAT increased to Rs 10.61 billion. Operating EBITDA for the year stood at Rs 23.33 billion, marking 25 per cent year-on-year growth.

The company recorded strong operational momentum, with overall volumes rising 22 per cent year-on-year in Q4 FY26. Growth was led by CR coil and CR sheet, pig iron, stainless steel and iron pellets, supported by improved realisations and operational efficiencies.

The Board approved an additional capex outlay of Rs 27 billion to strengthen Shyam Metalics’ presence in value-added and specialty steel segments, expand downstream capabilities and support long-term growth. Key projects included Phase 2 operations at the CRM complex in Jamuria, expansion at the Pakuria aluminium plant through annealing furnaces and an aluminium manufacturing project in Odisha, which is nearing commercial production.

Shyam Metalics said its expansion plans are aligned with West Bengal’s manufacturing-led growth agenda. The company aims to support over 50,000 direct and indirect livelihoods from the current 25,000-plus, while continuing to focus on premiumisation, downstream integration, operational discipline and sustainable growth.

Building Material

11 Jun 2026

Enlight Metals to Expand Raipur Plant Capacity

Enlight Metals has announced plans to expand the production capacity of its Raipur manufacturing facility from around 1,200 tonnes to nearly 4,000 tonnes.The expansion is aimed at strengthening the company’s ability to serve rising demand across industrial, infrastructure and contract manufacturing requirements.Located in Raipur, Chhattisgarh, the facility serves as a key manufacturing hub for Enlight Metals. The planned capacity enhancement is expected to improve supply capabilities, operational efficiency and the company’s ability to handle larger project requirements.The facility includ..

Hindustan Zinc Partners Sulfozyme for Zinc Park Project

Hindustan Zinc has signed a Memorandum of Understanding with Sulfozyme Agro India under its Zinc Industrial Park initiative at Khankhala in Bhilwara district, Rajasthan. The partnership aims to strengthen India’s downstream zinc sector through sustainable metal recovery, resource efficiency and industrial development.Under the agreement, Sulfozyme Agro will establish proposed operations at the Zinc Industrial Park to process zinc-based materials into value-added products for industrial and downstream applications.Hindustan Zinc will support the venture through assured raw material linkage an..

Cortec MCI Technology Restores Croatia Monuments

Cortec’s Migrating Corrosion Inhibitor technology has been used in restoration works for historic monuments in Croatia, including the Church of St Donatus in Zadar and the medieval city walls of Ilok.The Church of St Donatus, one of the most significant pre-Romanesque churches in Europe, is listed in the Register of Cultural Goods of the Republic of Croatia and is under UNESCO protection. The monument required urgent rehabilitation after 3D scanning analysis identified critical issues in the church walls, main structure and roof.The reinforced concrete support structure beneath the roof, ins..