What we do Shyam Metalics & Energy Ltd is an integrated steel producer in India, manufacturing iron pellets, sponge iron, steel billets, TMT bars, structural products, aluminium foil, and stainless steel. |
Founded in 2,002 |
Market share Among the largest ferroalloy producers and the fourth largest sponge iron producer in India with a growing presence in aluminium and stainless steel markets. |
Problem solved The company addresses India's demand for quality long steel products, ferroalloys, and aluminium foil with integrated low-cost manufacturing facilities. |
Top clients or who we serve Serves construction, infrastructure, automotive, packaging sectors primarily via B2B engagements with large industrial clients across India and exports to 39 countries. |
Key management Brij Bhushan Agarwal – Chairman & Managing Director; Sanjay Kumar Agarwal – Joint Managing Director; Deepak Agarwal – CFO and Director Finance. |
Our journey and innovations Founded in 2002, evolved via multiple mergers and acquisitions; expanded capacity to over 15 MTPA; diversified into value-added products and green energy solutions. |
Where we operate Manufacturing plants in Odisha, West Bengal, Jharkhand, Madhya Pradesh and international presence via Dubai subsidiary; exports to 39 countries globally. |
Top products or what we offer Iron pellets, sponge iron, steel billets, TMT & structural steel, wire rods, aluminium foil, stainless steel wire rods and bright bars. |
Top brands SEL Tiger TMT bars and structural steel - strong regional brand; SEL Tiger Aluminium Foil – food-grade and industrial packaging solutions. |
Raw materials needed Iron ore, coal, manganese, chromium, aluminium, and other metallurgical inputs for steel and aluminium manufacturing. |
Raw materials supplier Sourced primarily from local mineral belts in Odisha, West Bengal and Jharkhand; procured through long-term contracts. |
Recurring vs cyclical contribution Revenue driven largely by cyclical steel industry but stabilized by diversified product portfolio and captive power reducing cost volatility. |
Our industry position One of India’s leading integrated steel producers with strong positioning in ferroalloys, sponge iron and aluminium sectors. |
Financial highlights FY25 revenue Rs. 15,137 Cr, net profit Rs. 908 Cr; consistent EBITDA growth with a CAGR of 31% over 20 years; CRISIL AA+ rating. |
Geographical revenue split Revenue mainly from domestic Indian markets with around 11% from exports to 39 countries including the USA, UAE, Italy, China. |
Order book Robust order book with capex projects underway to expand capacities in steel, aluminium, stainless steel and wagon manufacturing. |
Whats driving growth Growth driven by capacity expansions, product diversification, captive power cost advantage, and strategic geographic positioning near mineral belts. |
Our future plans Planned capex of over Rs. 6,600 Cr expanding steel capacity, aluminium foil, stainless steel mill, greenfield cold rolling mill, and wagon manufacturing. |
Our green promise Strong reliance on captive and renewable power (83%), waste utilization as input, and sustainability embedded in operations and CSR activities. |
Our people and values Over 17,000 employees; culture emphasizing ethical conduct, performance, training and employee stock incentive plans to retain talent. |
Key challenges ahead Market cyclicality, raw material cost volatility, competition, scale-up risks in new product segments, and regulatory changes. |
Interesting facts Never reported a loss since inception; grew from outside India's 35th largest steel producer to 6th largest in two decades; early adopter of captive power. |
Risks and strategy Risks from commodity cycle and raw material prices mitigated via backward integration, captive power, and disciplined capital allocation. |