Shyam Metalics & Energy's Q2 FY 2026-27 Quarterly Results

Result Summary

• Shyam Metalics & Energy Ltd reported a 8.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 32.4%.
• Its expenses for the quarter were up by 6.1% QoQ and 27.6% YoY.
• The net profit increased 45.7% QoQ and increased 96.2% YoY.
• The earnings per share (EPS) of Shyam Metalics & Energy Ltd stood at 18.31 during Q2 FY 2026-27.

Financial Statments for Q2 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Shyam Metalics & Energy Ltd is a diversified company primarily engaged in the business of manufacturing and selling metal and energy products. The company operates in the metals and mining industry, with a focus on steel and ferro alloys. Shyam Metalics has established a significant presence in the Indian market and is involved in various segments, including sponge iron, steel billets, TMT bars, structural products, wire rods, and ferro alloys. Additionally, the company is engaged in the generation of power for captive use. Recent major developments, if any, have not been specified in the provided data.

Revenue

In the second quarter of fiscal year 2027 (Q2FY27), Shyam Metalics & Energy Ltd reported a total income of ₹5994.34 crores. This represents an increase from ₹5502.18 crores in the first quarter of FY27 (Q1FY27), reflecting a quarter-over-quarter (QoQ) growth of 8.9%. When compared to the same quarter in the previous fiscal year (Q2FY26), where the total income was ₹4526.15 crores, the company achieved a year-over-year (YoY) increase of 32.4%. This growth in revenue indicates a robust performance over both the short and longer-term periods.

Profitability

The profit before tax for Q2FY27 was recorded at ₹658.46 crores, showing a significant rise from ₹469.21 crores in Q1FY27, which translates to a QoQ growth of 40.3%. Compared to Q2FY26, where the profit before tax was ₹347.08 crores, the YoY increase is 89.7%. After accounting for taxes, the profit after tax for Q2FY27 stood at ₹510.99 crores, compared to ₹350.73 crores in Q1FY27, marking a QoQ increase of 45.7%. Furthermore, the YoY growth in profit after tax is 96.2%, up from ₹260.45 crores in Q2FY26. The earnings per share for Q2FY27 is ₹18.31, with a substantial QoQ increase of 45.8% and a YoY increase of 96.2%.

Operating Metrics

The total expenses for Shyam Metalics & Energy Ltd in Q2FY27 were ₹5335.88 crores, compared to ₹5027.41 crores in Q1FY27, reflecting a QoQ increase of 6.1%. On a YoY basis, expenses increased by 27.6% from ₹4180.12 crores in Q2FY26. The tax expense for the quarter was ₹147.38 crores, up from ₹118.50 crores in Q1FY27, which is a 24.4% increase QoQ. Comparing to Q2FY26, where the tax was ₹86.64 crores, there is a YoY increase of 70.1%. These operating metrics highlight the changes in the company's cost structure and tax liabilities over the specified periods.