Shyam Metalics & Energy Limited has announced that its aluminium manufacturing project in Sambalpur, Odisha is in advanced stage of readiness for commencement of commercial production. The facility, operated through step-down subsidiary Smel Steel Structural Pvt. Ltd., represents a significant expansion into value-added aluminium products and reinforces the Group's commitment to strengthening India's downstream metal capabilities.

Production Capacity and Specifications

The new facility will manufacture two key product categories with substantial production capacity:

Financial Performance Projections

The commissioning of the Sambalpur unit is expected to significantly enhance the company's financial and operational performance. Management anticipates substantial improvements across key metrics:

Strategic Benefits and Market Position

This expansion reinforces Shyam Metalics' focus on product diversification and value addition while addressing growing demand for high-quality metal products across industries. The facility is strategically positioned to support increasing requirements of sectors that rely on precision-engineered and value-added materials, thereby reducing dependence on imports and contributing to India's manufacturing ecosystem.

The project strengthens the company's integrated manufacturing ecosystem by enhancing downstream capabilities and enabling expansion into high-growth segments. The facility's strategic location provides logistical advantages, allowing efficient access to key demand centres and supporting seamless distribution across domestic and international markets.

Management Commentary

Commenting on the development, Mr. Brij Bhushan Aggarwal, Chairman and Managing Director of Shyam Metalics and Energy Ltd., stated: "This project represents a key milestone in our journey toward building a robust downstream aluminium ecosystem. With rising demand for high-quality aluminium products, we are confident that this facility will contribute meaningfully to industrial growth while supporting local economic development."

Company Profile

Shyam Metalics is a leading integrated metal-producing company based in India, primarily operating in the steel industry across West Bengal, Odisha, Jharkhand and Madhya Pradesh. The company focuses on Long & Flat Steel Products, Ferro Alloys, Aluminium and Stainless Steel. Listed on exchanges in 2021, the company possesses a market capitalization of more than ₹22,000 crore as of the press release date. The company currently has aggregate installed metal capacity of 16.78 MTPA and 467 MW aggregated installed capacity captive power plants.

Shyam Metalics & Energy has announced significant expansion at its Pakuria facility through the addition of specialized manufacturing equipment under Regulation 30 disclosure. The integrated metal producer has successfully commissioned two new annealing furnaces with specific capacities and advanced foil separation technology to enhance operational capabilities.

Equipment Specifications and Capacity Enhancement

The company has commissioned two new annealing furnaces with distinct capacities to streamline production processes. The first furnace operates at 25 MT per annum capacity, while the second furnace provides 30 MT per annum capacity, designed to improve production efficiency and output consistency.

Advanced Foil Processing Technology

Alongside the annealing furnaces, Shyam Metalics has commissioned a 2300 mm Vertical Foil Separator (LGSS) that enables precise separation of Ultra-Light Gauge (ULG) and Light Gauge (LG) foil materials. This equipment covers a thickness range of 6 to 15 microns, allowing the company to cater to customers with specialized requirements and greater precision in foil processing.

Management Commentary on Expansion

Commenting on the development, Mr. Brij Bhushan Agarwal, Chairman & Managing Director, stated that the company is continuously working on strengthening operations through targeted upgrades and better processes. He emphasized that the additions at Pakuria will help improve efficiency and deliver more consistent, high-quality products to customers, while building capabilities to respond quickly to evolving market demand.

Strategic Manufacturing Enhancement

These upgrades represent part of Shyam Metalics' broader strategy to enhance manufacturing strength and align with market needs. The new equipment installations are expected to improve process control, strengthen manufacturing capabilities at the Pakuria unit, and support the company's efforts to expand value-added product offerings in the competitive metals market.