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Shrikant Pandey

24th Jan · SEBI-Registered Analyst

SHYAMMETL

Shyam Metalics Q3 Result ; Co Accelerates Diversification with Multi-Segment Capacity Expansion • 🏗️ Cold Rolling Mill Expansion:Greenfield CR mill at Jamuria (WB) under PLI scheme; 4.0 LTPA total capacity (Phase I: 2.5 LTPA commissioned, Phase II: 1.5 LTPA by Q4 FY26). • 🧱 Value-Added Steel Push:Entry into GI/GL coils and PPGI with focus on premium roofing brands, improving margins and downstream integration. • 🔩 Stainless Steel Diversification:Stainless steel operations at Pithampur (MP) via Mittal Corp acquisition; 0.2 MTPA capacity with presence across Series 200/300/400. • 🪙 Aluminium Business Scale-Up:Aluminium foil division expansion with ₹800 Cr capex, strong export orientation (>60%) and backward integration to boost profitability. • ⚙️ Carbon Steel Capacity Boost:Ramsarup Industries expansion strengthens DRI, blast furnace, wire rods, wagons & captive power, enhancing group-wide steel ecosystem.

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