Shyam Metalics And Energy Q2 FY27: revenue up 33.7% to ₹5,960 Cr, net profit up 96.2% to ₹511 Cr
Results · Finvezto · 2 Nov 2026 · Shyam Metalics And Energy (SHYAMMETL)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 5,960 | - | +33.7% |
| Operating profit | 823 | - | +52.6% |
| Net profit | 511 | - | +96.2% |
| Operating margin | 13.8% | - | +1.7 pp |
| Net margin | 8.6% | - | +2.7 pp |
YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.
Key points
- Revenue from operations in Q2 FY27 grew 33.4% year-on-year to INR 5,960 crores, supported by a 26% increase in sales volume. Earnings call
- Operating EBITDA rose 52.6% year-on-year to INR 823 crores, with operating EBITDA margin expanding by 170 basis points to 13.8%. Earnings call
- Profit after tax grew 96.2% year-on-year to INR 511 crores, aided by operating earnings growth and lower depreciation under SLM. Earnings call
What to watch
- Management on return targets: We continue to target RoE of 16% and RoCE of 24% by 2031.
- Management on ebitda outlook: By FY31, we expect this business to contribute approximately INR1,100 crores EBITDA from stainless steel and INR1,000 crores EBITDA from SBQ business, respectively.
Links
Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.