Shyam Metalics Reports Mixed Performance in Q1 FY26
Shyam Metalics & Energy experienced varied results in Q1 FY26. Stainless steel sales volume declined 18% QoQ to 19,813 tonnes, but saw an 8% increase in average realisation to ₹1.38 lakh per tonne. Aluminium foil sales volume dropped 3% QoQ to 5,440 tonnes, with a 4% rise in average realisation to ₹3.65 lakh per tonne. The company demonstrated pricing strength despite volume challenges across both segments.

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Shyam Metalics & Energy , a prominent player in the metal industry, has reported mixed performance across its product categories for Q1 FY26, showcasing both challenges and improvements in different segments.
Stainless Steel Segment
The company experienced an 18% quarter-on-quarter decline in stainless steel sales volume, which dropped to 19,813 tonnes. However, this decrease was partially offset by an 8% increase in average realisation, reaching ₹1.38 lakh per tonne.
Aluminium Foil Segment
In the aluminium foil category, Shyam Metalics saw a slight decrease in sales volume, with a 3% quarter-on-quarter decline to 5,440 tonnes. Despite this, the company managed to achieve a 4% rise in average realisation, reaching ₹3.65 lakh per tonne.
Product Performance Overview
Product Category | Volume Change (QoQ) | Volume (Tonnes) | Realisation Change (QoQ) | Average Realisation |
---|---|---|---|---|
Stainless Steel | -18% | 19,813 | +8% | ₹1.38 lakh/tonne |
Aluminium Foil | -3% | 5,440 | +4% | ₹3.65 lakh/tonne |
Market Implications
The mixed performance across different product categories suggests that Shyam Metalics & Energy is navigating a complex market environment. While facing challenges in sales volumes, the company has managed to improve realisations, which could help mitigate the impact of lower sales quantities.
The increase in average realisation for both stainless steel and aluminium foil products may indicate the company's ability to pass on costs or capitalize on favorable market conditions in terms of pricing. However, the decline in sales volumes, particularly in the stainless steel segment, may warrant attention and could be a result of various factors such as market demand fluctuations or increased competition.
Moving forward, investors and analysts will likely be watching how Shyam Metalics & Energy addresses the volume challenges while maintaining its pricing power in the coming quarters.
Historical Stock Returns for Shyam Metalics & Energy
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+0.16% | +2.68% | +3.07% | +15.29% | +21.71% | +133.56% |