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Shyam Metalics & EnergySHYAMMETL.NSCompetitor analysis, valuation and peers

India · INR·Capital Goods›Metal Fabrication

Integrated steel producer in eastern India making long steel products, ferro alloys and pellets.

Momentum leader 96
Mkt cap
$3.84B
US dollars, full cap
Free float
21%
of shares outstanding
$/day
$6.32M
20-day average traded
Fwd P/E
19.3×
forward earnings
ROIC−WACC
-6.4 pp
WACC 16.5%
Hurdle
n/a
no reverse DCF
Next earnings
88 days
2 Feb 2027
Close · INR₹1,301
1D+2.4%
1W+11.8%
1M+21.9%
3M+28.1%
6M+47.1%
YTD+53.4%
1Y+43.5%
ATR %3.6%
Beta0.90
52w lowhigh0.3% off high

What Shyam Metalics & Energy does

Integrated steel producer in eastern India making long steel products, ferro alloys and pellets.

Makes its own intermediate products, power and finished steel in one chain, so it can sell sponge iron, pellets, ferro alloys or rolled steel depending on which pays best; profit moves with those prices and with coal and ore costs. Plants are in eastern India, in Odisha and West Bengal, near its raw materials.

Products and services

  • Long steel products (TMT bars, wire rods)
  • Ferro alloys
  • Iron ore pellets
  • Sponge iron/billets

Customers

  • Construction/infrastructure companies
  • Steel re-rollers
  • Ferro alloy buyers (steelmakers)

Where it sits in the supply chain

  • Metals & mining
  • Integrated steel manufacturing
  • Long products, ferro alloys & pellets

What could go right

  • India infrastructure/construction steel demand
  • Ferro alloy export demand

What could go wrong

  • Steel/commodity price cyclicality
  • Raw material (iron ore/coal) cost swings

Moat: narrow (scale, cost advantage). Backward-integrated, low-cost eastern India steel producer with captive raw-material linkages.

Headquarters: Kolkata, India · Founded: 2002 · Employees: 20,389

Named competitors

Shyam Metalics & Energy at a glance

Size Shyam Metalics & Energy (SHYAMMETL.NS) is an India Industrials company (Metal Fabrication) with a market value of $3.84B, the 248th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹1,301 on 6 Nov 2026.

Performance Over six months the shares gained 47.1%, against -15.9% for the median peer and 0.0% for the India market (cap-weighted) — 2nd highest of 19 in its peer set.

Growth Revenue grew 25.7% over the last twelve months (peer median +19.2%); the operating margin is 9.4% (peer median 10.7%).

Valuation It trades at 19.3× forward earnings against a peer median of 39.4× (4th cheapest of 19).

Capital Return on invested capital runs 6.4 points below its cost of capital (16.5% WACC).

Next results Next results expected around 2 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010012014011 May 202611 Aug 20266 Nov 2026SHYAMMETL.NS 144Peer median 83
Six months, rebased to 100: Shyam Metalics & Energy against the median of its 20 peers (local-currency closes).

Shyam Metalics & Energy financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹211B₹185B₹151B₹132B₹126B
Revenue growth—+22%+15%+4%—
Gross profit₹46.6B₹22.1B₹15.8B₹13.7B₹15.1B
EBITDA₹28.1B₹25.1B₹18.7B₹16.0B₹15.9B
Net income₹13.5B₹10.7B₹9.08B₹10.3B₹8.53B
Free cash flown/a-₹6.94B-₹4.46B-₹1.41B-₹4.08B
Capital expendituren/a₹26.4B₹21.5B₹18.9B₹19.0B
Total debt₹13.6B₹10.1B₹7.89B₹5.97B₹11.7B

Quarterly statements and history in the cockpit →

Shyam Metalics & Energy competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%-40%-20%0%+20%ENDURANCEPTCIL002056300811002046300748688102603667301511600765SCHAEFFLERJYOTICNCBOSN5463001440002541SFSNSHYAMMETL.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Shyam Metalics & Energy is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%0×50×100×150×ENDURANCEPTCIL002056300811002046300748688102603667301511600765SCHAEFFLERJYOTICNCBOSN5463001440300718SHYAMMETL.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Shyam Metalics & Energy is the large dot.

Shyam Metalics & Energy competitors and peer comparison

Head to head with its named competitors (SHYAMMETL.NS vs JINDALSTEL.NS vs JSWSTEEL.NS vs GPIL.NS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Shyam Metalics & Energy SHYAMMETL.NS$3.84B+47%+26%9%19.3×n/a
Jindal Steel JINDALSTEL.NS$12.6B-7%+26%10%21.2×n/a
JSW Steel JSWSTEEL.NS$35.1B+6%+14%13%18.5×21.1%
Godawari Power & Ispat GPIL.NS$1.49B-31%+8%19%12.5×21.7%
Sarda Energy & Minerals SARDAEN.NS$1.63B-27%-2%26%n/a10.6%
Jai Balaji Industries JAIBALAJI.NS$651M-20%+2%4%6.3×35.8%
Usha Martin USHAMART.NS$1.54B0%+9%17%22.8×23.1%

How Shyam Metalics & Energy compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Shyam Metalics & Energy against its 20 peers (data as of 6 Nov 2026)
MeasureSHYAMMETL.NSPeer medianRank in peer set
1-month return+21.9%-6.1%highest of 20
6-month return+47.1%-15.9%2nd highest of 19
Distance from 52-week high-0.3%-44.5%highest of 20
Revenue growth (TTM)+25.7%+19.2%8th highest of 21
Operating margin9.4%10.7%10th lowest of 21
Forward P/E19.3×39.4×4th cheapest of 19
ROIC minus cost of capital-6.4 pp-1.6 pp5th lowest of 21
EV / EBITDA13.7×16.0×3rd cheapest of 9
Net debt / EBITDA0.5×-0.2×5th most indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Shyam Metalics & Energy SHYAMMETL.NSIndia$3.84B+47%+26%9%19.3×n/an/a
Endurance Technologies ENDURANCE.NSIndia$3.71B-1%+32%8%32.3×29.9%+17.6%
PTC Industries PTCIL.NSIndia$4.09B+45%+95%19%174.5×n/an/a
Hengdian Group DMEGC Magnetics 002056.SZChina$4.16B-9%+3%7%14.5×n/an/a
POCO 300811.SZChina$4.24B-15%+48%24%38.4×n/an/a
Sinomach Precision Industry 002046.SZChina$3.47B-17%-1%4%75.7×n/an/a
JL Mag Rare-Earth 300748.SZChina$4.54B-27%+39%11%33.1×22.1%+26.1%
Shaanxi Sirui Advanced Materials 688102.SSChina$2.99B-39%+38%11%96.5×n/an/a
Zhejiang XCC 603667.SSChina$2.99B-20%-15%2%91.0×47.9%+13.9%
Zetwerk Manufacturing Businesses ZETWERK.NSIndia$2.96Bn/a+40%1%n/an/an/a
Jiujiang Defu Technology 301511.SZChina$5.09B-28%+69%6%44.4×n/an/a
Avic Heavy Machinery 600765.SSChina$2.84B-23%-13%4%23.1×n/an/a
Tolerance Technology (Jiangsu) 301583.SZChina$2.82Bn/a+18%15%n/an/an/a
Schaeffler India SCHAEFFLER.NSIndia$5.83B-17%+23%15%40.4×29.7%+20.8%
Jyoti Cnc Automation JYOTICNC.NSIndia$2.45B+32%+18%21%53.8×n/an/a
Bossard BOSN.SWSwitzerland$2.42B+55%+7%11%20.1×5.9%+5.6%
Maruichi Steel Tube 5463.TJapan$2.32B+5%-2%14%11.9×-2.7%+8.6%
Taihan Cable & Solution 001440.KSSouth Korea$2.31B-70%+22%5%99.2×n/an/a
Anhui Honglu Steel Construction (Group) 002541.SZChina$2.30B+4%+12%5%16.0×3.8%+10.4%
Zhejiang Changsheng Sliding Bearings 300718.SZChina$2.25B-29%+20%21%47.3×16.5%+14.1%
SFS SFSN.SWSwitzerland$6.68B+15%+2%12%19.8×-2.1%+12.3%

Questions

Who are Shyam Metalics & Energy's main competitors?
Named competitors: Jindal Steel & Power (JINDALSTEL.NS), JSW Steel (JSWSTEEL.NS), Godawari Power & Ispat (GPIL.NS), Sarda Energy & Minerals (SARDAEN.NS), Jai Balaji Industries (JAIBALAJI.NS), Usha Martin (USHAMART.NS). The cockpit's measured peer set (industry) also includes Endurance Technologies (ENDURANCE.NS), PTC Industries (PTCIL.NS), Hengdian Group DMEGC Magnetics (002056.SZ), POCO (300811.SZ), Sinomach Precision Industry (002046.SZ), JL Mag Rare-Earth (300748.SZ).
Is Shyam Metalics & Energy expensive compared with its peers?
On forward p/e it trades at 19.3× against a peer median of 39.4×, 4th cheapest of 19 in its peer set.
How has Shyam Metalics & Energy stock performed?
Over six months to 6 Nov 2026 the shares returned +47.1% against -15.9% for the median peer; over one year +43.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.