Shyam Metalics & Energy reported consolidated sales figures for the month ended July 31, 2026, highlighting robust volume growth in key segments including pellets and stainless steel, accompanied by significant rises in average realizations. The filing, submitted pursuant to Regulation 30 of the SEBI (LODR) Regulations 2015, reveals that while carbon steel and speciality alloy volumes showed mixed trends, the company’s strategic capacity expansions in pig iron and colour-coated steel are beginning to reflect in stabilized operations and commercial sales.

The disclosure provides a segment-wise breakdown of quantity sold (in metric tonnes) and average realization (in ₹ per MT) for July FY27 compared to July FY26 and June FY27. This monthly release allows investors to track pricing trends and demand dynamics across the company’s diversified portfolio, which includes carbon steel, stainless steel, speciality alloys, aluminium foil, and ferro alloys.

Segment-wise Performance

Stainless steel sales volumes rose 12.92% year-on-year to 9,149 MT, with average realizations jumping 36.13% to ₹1,79,069 per MT. Aluminium foil volumes increased 8.24% YoY to 1,855 MT, while realizations surged 36.33% to ₹5,07,101 per MT. In contrast, speciality alloy volumes fell 20.27% YoY to 17,407 MT, though realizations climbed 20.47% to ₹1,12,677 per MT.

Carbon steel, comprising steel billet and long steel products, saw volumes rise 10.87% YoY to 1,53,693 MT. However, average realizations dipped 2.46% month-on-month to ₹42,270 per MT, despite a slight 1.13% YoY increase. The following table summarizes the performance across major segments:

Capacity Expansion Impact

The company highlighted operational milestones contributing to these figures. Phase I of the Colour Coated Steel Plant at Jamuria, with a capacity of 0.25 MTPA, was commissioned in November 2024, followed by Phase II (0.15 MTPA) in April 2026. This has led to a 53.10% YoY surge in CR Coil/Sheets volumes. Similarly, pig iron volumes rose 65.07% YoY, supported by the commissioning of a 0.77 MTPA Blast Furnace at Jamuria in November 2024 and an additional 0.45 MTPA unit at Ramsarup in December 2025. Both facilities have stabilized operations.

What the Numbers Show

The data indicates a clear shift towards higher-value products and vertical integration benefits. The substantial rise in average realizations for stainless steel (+36.13%) and aluminium foil (+36.33%) suggests favorable pricing conditions or a shift towards premium grades. Meanwhile, the sharp decline in sponge iron sales (-47.54% YoY) likely reflects increased internal consumption for pig iron production, aligning with the company’s strategy to move down the value chain. The stabilization of new capacity additions is translating into tangible volume growth, particularly in colour-coated steel and pig iron, reinforcing the company’s integrated business model.

Shyam Metalics & Energy Limited has filed its Business Responsibility and Sustainability Report (BRSR) for FY26 with the stock exchanges, providing a consolidated view of its environmental, social, and governance (ESG) performance. The filing, dated August 3, 2026, covers the company’s operations across India and includes reasonable assurance on core indicators by BDO India Services Private Limited. For investors and stakeholders, the report signals the company’s progress in resource efficiency, particularly through its full adoption of Zero Liquid Discharge (ZLD) systems and renewable energy integration, which are critical for long-term operational resilience in the steel sector.

The submission was made pursuant to Regulation 34(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Birendra Kumar Jain, Company Secretary & Compliance Officer, certified the document. The report encompasses the company’s wholly owned subsidiary Shyam Sel and Power Limited, Ramsarup Industries Limited, and Shree Venkateshwara Electrocast Private Limited, among others. BDO India Services Private Limited provided reasonable assurance on the BRSR Core Indicators, concluding that the non-financial sustainability disclosures are fairly reliable in all material respects.

Operational and Financial Overview

Shyam Metalics reported a total turnover of ₹18,552.21 crore and a net worth of ₹10,499.60 crore for FY26. The company operates 8 plants and 17 offices across India, serving customers in 25 states and 40 countries. Exports accounted for 10.63% of the total turnover, with ferro alloys and stainless steel being the major export products. Carbon steel remained the largest revenue contributor at 39.44% of the turnover, followed by pig iron at 12.08% and sponge iron at 11.50%.

Environmental Initiatives and Resource Management

The company highlighted significant strides in environmental stewardship. All manufacturing units now operate under a Zero Liquid Discharge (ZLD) framework, supported by two wastewater treatment plants with capacities of 3,000 KLD and 4,000 KLD. Treated water is reused internally or for gardening, eliminating untreated discharge. Additionally, a solarization project with a capacity of 1.085 MWp reduces CO2 emissions by 12.5 lakh kilograms annually. The company also installed 63.976 MW of solar power (rooftop and floating), generating 6,27,96,611 MJ of renewable energy.

Waste management practices include repurposing fly ash into eco-friendly bricks and using slag for cement and road construction. Hazardous waste, such as used oil and spent resin, is disposed of through authorized channels. The company noted that the rise in energy consumption, water usage, air emissions, and waste generation in FY26 is attributable to the inclusion of four new manufacturing sites in its reporting boundary.

Social Governance and Employee Well-being

As of the end of FY26, the company employed 4,845 permanent employees and 5,419 permanent workers. Female representation stood at 3.94% among employees and 0.30% among workers. The Board of Directors included one female member, representing 9% of the total board. The company maintains an occupational health and safety management system aligned with ISO 45001 standards, covering 100% of its operations. No fatalities or high-consequence work-related injuries were reported.

Corporate Social Responsibility (CSR) initiatives focused on healthcare, skill development, and environment sustainability in Odisha and West Bengal. The company spent ₹939.00 lakh in Sambalpur, Odisha, and ₹1,223.00 lakh in Bardhaman, West Bengal, benefiting over 94,000 individuals, with 41% from vulnerable and marginalized groups.

What the Numbers Show

The expansion of the reporting boundary to include four new manufacturing sites explains the year-on-year increase in absolute environmental metrics such as energy consumption, water usage, and GHG emissions. However, the implementation of ZLD across all plants and the generation of over 627 million MJ of renewable energy indicate a strategic shift toward decoupling growth from resource intensity. The company’s focus on circular economy principles, such as waste-to-resource models for fly ash and slag, further underscores its commitment to sustainable industrial practices.