Shyam Metalics & Energy Limited has announced that it received an ESG rating of 55 from NSE Sustainability Ratings and Analytics Limited, a SEBI registered ESG Rating Provider. The company disclosed this development under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

ESG Rating Details

The ESG rating assessment was conducted based on the company's financial year 2024-25 data that is available in the public domain. The rating was communicated to the company via email on 8th January, 2026.

Independent Assessment Process

The company emphasized that this ESG rating was assigned voluntarily and independently by NSE Sustainability Ratings & Analytics Limited. Shyam Metalics and Energy Limited clarified that it did not engage the rating provider for this assessment, indicating that the evaluation was conducted as part of NSE's independent rating process.

Regulatory Compliance and Disclosure

The disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations, ensuring transparency with stakeholders and regulatory compliance. The formal communication was sent to both BSE Limited (Scrip Code: 543299) and National Stock Exchange of India Limited (Symbol: SHYAMMETL). The company has also made this information available on its official website at www.shyammetalics.com , providing broader access to this ESG-related development.

Company Profile

Shyam Metalics and Energy Limited operates across multiple product segments with its SEL TIGER brand portfolio, including TMT Re-bars, Stainless Steel, Roofing Sheets, Structural Steel, and Aluminium Foil. The company is headquartered in Kolkata, West Bengal, and maintains its listing on both BSE and NSE stock exchanges.

Shyam Metalics & Energy reported mixed operational performance for December and the third quarter, with strong annual growth in key segments offset by sequential quarterly declines. The company's shares declined 1.27% to ₹835.05 following the business update release.

Stainless Steel Segment Shows Strong Annual Growth

The stainless steel segment delivered robust performance with December volumes reaching 9,393 tonnes, representing a 19.1% increase from the previous year and a significant 44.1% surge from the previous month. Average realisations strengthened to ₹1.45 lakh per tonne, marking an 18.2% annual improvement and 1.79% monthly increase.

Despite strong annual and monthly performance, Q3 sequential stainless steel volumes declined 9.9%, though realisations improved 8.4% during the quarter.

Specialty Alloys Deliver Exceptional Growth

The specialty alloys segment emerged as a standout performer, with December volumes jumping 50.1% from the previous year and nearly 12% from the previous month. Realisations in this segment rose 3.1% annually. On a quarterly basis, specialty alloy volumes increased 6%, though realisations softened 2.3% sequentially.

Mixed Performance Across Other Segments

Pellet sales showed modest decline with December volumes falling 1.95% annually and 16.72% monthly to 85,413 tonnes. However, average realisations provided some support, rising 5.5% annually and 1.65% monthly to ₹9,170 per tonne.

Carbon steel faced headwinds with December volumes declining 8% annually and realisations falling 4.4%, though volumes improved 9.3% monthly. Quarterly performance showed volumes down 3.3% sequentially with 3.0% lower realisations.

Infrastructure Expansion Drives Growth

The commissioning of new facilities supported growth in specific segments. The CR coil and CR sheets segment benefited from the colour-coated plant at Jamuria, with December volumes surging over eight-fold annually and Q3 volumes rising 21.4% sequentially.

Pig iron volumes demonstrated the impact of infrastructure expansion, rising 45.5% annually supported by blast furnace ramp-up at Jamuria, though sales declined 35.4% monthly. The HR tubes and pipes segment showed strong sequential growth of 81.1% in Q3 from a low base.

Recent Financial Context

The company's Q2 results showed 24% growth in overall sales, crossing ₹3,000 crore in consolidated revenue. However, higher raw material costs impacted profitability, with net profit falling over 70% compared to the same period last year and EBITDA margin declining to 7.9% from over 25% in the year-ago period.

The company attributed the divergent performance trends to evolving product mix and market conditions, with stronger traction evident in value-added products such as stainless steel and specialty alloys, while intermediate segments experienced pressure during the quarter.