Shyam Metalics & Energy Limited has released its consolidated sales performance for February 2026, revealing a mixed performance across its diversified product portfolio. The integrated metal producer reported varied results across eight key product segments, with some showing strong volume growth while others experienced declines, though realizations improved across all categories.

Stainless Steel and Aluminium Foil Performance

The company's stainless steel segment recorded sales volumes of 8,286 MT in February 2026, representing a 3.10% decline compared to 8,552 MT in February 2025. However, average realizations showed significant improvement, rising 18.81% year-on-year to Rs. 1,53,537 per MT from Rs. 1,29,227 per MT in the previous year.

Aluminium foil sales faced more significant volume pressure, with quantities declining 12.98% year-on-year to 1,467 MT from 1,686 MT. Month-on-month, volumes dropped 24.01% from January 2026's 1,931 MT. Despite volume challenges, realizations improved 15.63% annually to Rs. 4,06,757 per MT.

Strong Performance in Pellets and Specialty Products

The pellet segment demonstrated robust growth with sales volumes increasing 30.67% year-on-year to 60,613 MT from 46,386 MT in February 2025. Average realizations also improved by 10.15% to Rs. 9,734 per MT. However, month-on-month volumes declined 45.30% from January 2026's significantly higher base of 1,10,812 MT.

Specialty alloys maintained steady performance with volumes growing modestly by 1.86% to 17,384 MT, while realizations increased substantially by 12.03% to Rs. 1,03,920 per MT.

Carbon Steel and Cold Rolled Products Show Growth

Carbon steel, representing cumulative sales of steel billet and long steel products, recorded volumes of 1,44,050 MT, marking a 7.88% year-on-year increase from 1,33,531 MT. Average realizations improved 4.70% to Rs. 45,800 per MT.

The standout performer was CR Coil/CR Sheets, which witnessed exceptional volume growth of 169.15% year-on-year, reaching 15,221 MT compared to 5,655 MT in February 2025. Realizations also strengthened by 14.58% to Rs. 79,143 per MT.

Traditional Products Face Volume Pressures

Sponge iron and pig iron segments experienced volume declines year-on-year. Sponge iron sales dropped 16.24% to 63,361 MT, though realizations improved 4.55% to Rs. 25,361 per MT. Pig iron showed contrasting performance with volumes surging 75.36% to 45,209 MT and realizations increasing 15.63% to Rs. 37,968 per MT.

The newly commercialized HR Tube/Pipe segment, which began operations in February 2025 and repurposes leftover HR coils from the color-coated plant, recorded sales of 217 MT with realizations of Rs. 50,574 per MT, representing a 352.99% volume increase year-on-year.

Company Overview

Shyam Metalics and Energy Limited operates as a leading integrated metal producing company with focus on long steel products and ferro alloys. The company ranks among the largest ferro alloy producers and holds the fourth position in India's sponge iron industry by capacity. SMEL maintains a diversified product portfolio across the steel value chain and has achieved consistent profitability since commencing operations in fiscal 2005, with upgraded credit ratings of CRISIL AA+ for long-term facilities.

Shyam Metalics and Energy Limited has announced receiving an ESG (Environmental, Social, and Governance) rating of 63.7 from SES ESG Research Pvt. Ltd., 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 rating assessment was based on the company's financial year 2024-25 data that is publicly available. SES ESG Research Pvt. Ltd. conducted this evaluation independently without any engagement from Shyam Metalics and Energy Limited.

Regulatory Compliance

The company received notification of this rating via email on February 13, 2026. As part of its regulatory obligations, Shyam Metalics and Energy Limited has made this information publicly available on its official website at www.shyammetalics.com .

Company Background

Shyam Metalics and Energy Limited operates across multiple business segments including power, ferro alloys, pellets, pig iron, billets, sponge iron, wire rod, wire, TMT & structurals, aluminium foil, roofing products, stainless steel, and DI pipes. The company is registered in West Bengal with its office located in Kolkata.

The disclosure was signed by Birendra Kumar Jain, Company Secretary & Compliance Officer, emphasizing the company's commitment to transparency and regulatory compliance in ESG reporting.