Shyam Metalics and Energy Limited — Fourth Quarter and Financial Year Ended 31 March 2026
| S. No. | Particulars | Quarter ended 31-Mar-26 (Audited #) | Quarter ended 31-Dec-25 (Unaudited) | Quarter ended 31-Mar-25 (Audited #) | Year ended 31-Mar-26 (Audited) | Year ended 31-Mar-25 (Audited) |
|---|---|---|---|---|---|---|
| 1 | Income: | |||||
| (a) Revenue from operations | 5,240.36 | 4,421.46 | 4,147.85 | 18,552.21 | 15,158.63 | |
| (b) Other income | 29.22 | 51.65 | 54.24 | 203.61 | 230.63 | |
| Total income | 5,269.58 | 4,473.11 | 4,202.09 | 18,755.82 | 15,389.26 | |
| 2 | Expenses: | |||||
| (a) Cost of materials consumed | 3,848.63 | 3,251.07 | 2,902.10 | 13,680.15 | 11,336.72 | |
| (b) Purchase of stock-in-trade | 33.12 | 57.07 | 0.53 | 146.18 | 5.88 | |
| (c) Change in inventories of finished goods and stock-in trade | (227.79) | (65.76) | 94.80 | (473.75) | (401.12) | |
| (d) Employee benefits expense | 134.34 | 125.52 | 109.42 | 506.98 | 434.26 | |
| (e) Impairment (gain) / loss on financial assets | 1.67 | 2.10 | (1.09) | 7.03 | 2.60 | |
| (f) Other expenses | 723.51 | 564.35 | 526.92 | 2,352.58 | 1,914.76 | |
| Total expenses | 4,513.48 | 3,934.35 | 3,632.68 | 16,219.17 | 13,293.10 | |
| 3 | Earnings before Interest, Depreciation and amortisation, Share in Profit of associates and Joint Venture and Tax (1-2) | 756.10 | 538.76 | 569.41 | 2,536.65 | 2,096.16 |
| 4 | Finance cost | 51.31 | 50.84 | 43.63 | 192.23 | 143.92 |
| 5 | Profit after Finance Cost but before depreciation and amortisation, share in Profit of associates and Joint ventures and Tax (3-4) | 704.79 | 487.92 | 525.78 | 2,344.42 | 1,952.24 |
| 6 | Depreciation and amortisation expense | 248.51 | 217.92 | 228.63 | 882.15 | 711.17 |
| 7 | Profit before Share in Profit of Associate and Joint Venture and tax (5-6) | 456.28 | 270.00 | 297.15 | 1,462.27 | 1,241.07 |
| 8 | Share in Profit of Associate and Joint Venture | 0.02 | 0.04 | 0.02 | 0.10 | 0.12 |
| 9 | Profit before tax (7+8) | 456.30 | 270.04 | 297.17 | 1,462.37 | 1,241.19 |
| 10 | Tax expense: | |||||
| (a) Current tax (Including prior year taxes) | 147.17 | 65.83 | 60.31 | 407.92 | 237.43 | |
| (b) Deferred tax charge / (credit) | (2.41) | 6.70 | 16.71 | (5.72) | 94.50 | |
| 11 | Profit after tax (9-10) | 311.54 | 197.51 | 220.15 | 1,060.17 | 909.26 |
| Profit / (loss) attributable to: | ||||||
| – Non controlling interest | (7.55) | 0.27 | 1.40 | (10.07) | 1.16 | |
| – Owners of the Company | 319.09 | 197.24 | 218.75 | 1,070.24 | 908.10 | |
| 12 | Other comprehensive income | |||||
| (a) Items that will not be reclassified to profit and loss | ||||||
| – Remeasurement of defined benefit plan | 8.82 | (0.79) | (4.23) | 6.31 | (3.60) | |
| – Equity instruments at fair value through other comprehensive income | (39.79) | 12.41 | 27.76 | (3.66) | 133.16 | |
| (b) Income tax relating to items that will not be reclassified to profit or loss | 4.64 | (1.66) | (3.56) | (1.01) | (0.28) | |
| (c) Share of OCI in associates and joint ventures, to the extent not to be reclassified into profit or loss | 0.10 | 0.16 | 1.15 | (0.30) | 1.60 | |
| Other comprehensive income / (loss) for the period/year | (26.23) | 10.12 | 21.12 | 1.34 | 130.88 | |
| 13 | Total comprehensive income for the period/year (11+12) | 285.31 | 207.63 | 241.27 | 1,061.51 | 1,040.14 |
| Total comprehensive income attributable to: | ||||||
| – Non controlling interest | (8.57) | 0.69 | 11.16 | (10.38) | 10.92 | |
| – Owners of the Company | 293.88 | 206.94 | 230.11 | 1,071.89 | 1,029.22 | |
| 14 | Cash Profit (Profit for the year/period attributable to the Owners of the Company + Depreciation and amortisation expense) (6+11) | 567.60 | 415.16 | 447.38 | 1,952.39 | 1,619.27 |
| 15 | Paid – up equity share capital (Face Value ₹ 10 Per Share) | 278.29 | 278.23 | 278.22 | 278.29 | 278.22 |
| 16 | Other equity | 11,244.52 | 10,275.11 | |||
| 17 | Earnings per equity share (not annualised except for year end) | |||||
| (a) Basic (₹) | 11.20 | 7.10 | 7.92 | 38.10 | 32.70 | |
| (b) Diluted (₹) | 11.16 | 7.07 | 7.89 | 37.97 | 32.57 |
| Particulars | As at 31 March 2026 (Audited) | As at 31 March 2025 (Audited) |
|---|---|---|
| Assets | ||
| Non-current assets | ||
| a) Property, plant and equipment | 7,968.68 | 6,196.69 |
| b) Right-of-use assets | 106.47 | 71.42 |
| c) Capital work-in-progress | 2,791.94 | 2,708.41 |
| d) Intangible assets | 58.86 | 88.57 |
| e) Financial assets | ||
| i) Investments | 1,156.11 | 1,293.53 |
| ii) Other financial assets | 50.40 | 23.62 |
| f) Non-current tax assets | 170.57 | 167.10 |
| g) Other non-current assets | 501.91 | 236.26 |
| Total non-current assets (A) | 12,804.94 | 10,785.60 |
| Current Assets | ||
| a) Inventories | 4,501.45 | 2,985.44 |
| b) Financial assets | ||
| i) Investments | 426.00 | 824.44 |
| ii) Trade receivables | 904.59 | 792.51 |
| iii) Cash and cash equivalents | 97.12 | 63.13 |
| iv) Bank balances other than (iii) above | 8.54 | 5.12 |
| v) Loans | 3.66 | 3.69 |
| vi) Other financial assets | 45.25 | 50.28 |
| c) Other current assets | 1,269.29 | 805.42 |
| Total current assets (B) | 7,255.90 | 5,530.03 |
| Total assets (A + B) | 20,060.84 | 16,315.63 |
| Equity and Liabilities | ||
| a) Equity share capital | 278.29 | 278.22 |
| b) Other equity | 11,244.52 | 10,275.11 |
| Total equity (A) | 11,522.81 | 10,553.33 |
| Non-controlling interest (B) | 834.37 | 724.75 |
| Liabilities | ||
| Non-current liabilities | ||
| a) Financial liabilities | ||
| i) Borrowings | 97.04 | 155.21 |
| ii) Lease liabilities | 20.57 | 8.37 |
| iii) Others financial liabilities | 120.01 | 84.97 |
| b) Provisions | 37.72 | 31.11 |
| c) Deferred tax liabilities (net) | 148.54 | 153.25 |
| d) Other non-current liabilities | 0.15 | 0.19 |
| Total non-current liabilities (C) | 424.03 | 433.10 |
| Current Liabilities | ||
| a) Financial liabilities | ||
| i) Borrowings | 884.28 | 624.25 |
| ii) Lease liabilities | 3.18 | 1.60 |
| iii) Trade payables | ||
| (a) Total outstanding dues of micro enterprises and small enterprises | – | – |
| (b) Total outstanding dues of other than micro enterprises and small enterprises | 36.61 | 1.22 |
| iv) Other financial liabilities | 4,828.48 | 2,916.02 |
| b) Other current liabilities | 1,018.45 | 681.88 |
| c) Provisions | 374.17 | 328.95 |
| d) Current tax liabilities (net) | 16.01 | 12.16 |
| Total current liabilities (D) | 7,279.63 | 4,604.45 |
| Total Equity and Liabilities (A + B + C + D) | 20,060.84 | 16,315.63 |
| Particulars | Year Ended 31 March 2026 (Audited) | Year Ended 31 March 2025 (Audited) |
|---|---|---|
| A. Cash flow from operating activities: | ||
| Net profit before tax | 1,462.37 | 1,241.19 |
| Adjustments for: | ||
| Depreciation and amortization expenses | 882.15 | 711.17 |
| Provision for employee benefit obligations | 17.02 | 9.29 |
| Provision for slow and non-moving items | 0.18 | 1.65 |
| Share-based payment to employees | 6.27 | 14.76 |
| Dividend income | (3.03) | (0.86) |
| Share in profit of joint ventures and associates | (0.10) | (0.12) |
| Loss / (gain) on mark-to-market of forward contracts | 16.53 | (2.55) |
| Gain on fair valuation of financial instrument carried at fair value through profit or loss | (56.44) | (92.80) |
| Impairment loss on financial assets | 7.03 | 2.60 |
| Unrealised foreign exchange fluctuations | 116.16 | (10.11) |
| Loss on sale of property, plant and equipment | 0.16 | – |
| Interest income on financial assets carried at amortised cost | (104.25) | (125.36) |
| Finance cost | 192.23 | 143.92 |
| Bad debt written off | 4.07 | 1.71 |
| Sundry balances written back | (20.82) | – |
| Operating profit before working capital changes | 2,519.53 | 1,894.49 |
| Adjustments for changes in working capital; | ||
| Increase/(Decrease) in Liabilities: | ||
| – Trade payables | 1,844.59 | 560.43 |
| – Financial liabilities (Non-current) | 35.04 | 42.04 |
| – Financial liabilities (Current) | 11.14 | 7.03 |
| – Provisions (Non-current) | (4.10) | (2.86) |
| – Provisions (Current) | 3.85 | 2.15 |
| – Other liabilities | 45.18 | 88.70 |
| (Increase) / Decrease in Assets: | ||
| – Trade receivables | (95.79) | (82.88) |
| – Inventories | (1,516.19) | (819.19) |
| – Financial assets (Non-current) | (27.37) | (0.44) |
| – Financial assets (Current) | 1.51 | 19.05 |
| – Other assets (Non-current) | 1.37 | 4.48 |
| – Other assets (Current) | (463.87) | 33.67 |
| Cash flow from operating activities before taxes | 2,354.89 | 1,746.67 |
| Income taxes paid (net) | (331.33) | (33.24) |
| Net cash generated from operating activities (A) | 2,023.56 | 1,713.43 |
| B. Cash flow from investing activities: | ||
| Purchase of property, plant & equipment including capital work-in-progress (net) | (2,637.24) | (2,148.32) |
| Sale proceeds of investments (net) | 591.79 | 371.58 |
| Investments made in fixed deposits with banks | (2.83) | (0.97) |
| Payment made pursuant to acquisition of entity | (0.25) | – |
| Dividends received | 3.03 | 0.86 |
| Loans and advances recovered | 0.03 | 0.86 |
| Interest received on financial assets carried at amortised cost | 106.21 | 122.26 |
| Net cash used in investing activities (B) | (1,939.26) | (1,653.73) |
| C. Cash flow from financing activities: | ||
| Repayment of non-current borrowings | (72.43) | (116.09) |
| Proceeds from current borrowings (net) | 256.38 | 305.58 |
| Proceeds from exercise of employee stock options | 1.29 | 5.28 |
| Repayment of lease liabilities | (53.58) | (1.61) |
| Proceeds from issue of securities to non-controlling interest | 120.00 | 42.50 |
| Dividends paid | (112.47) | (137.88) |
| Finance cost paid | (189.50) | (133.77) |
| Net cash used in financing activities (C) | (50.31) | (35.99) |
| Net decrease in cash & cash equivalents (A+B+C) | 33.99 | 23.71 |
| Cash and cash equivalents at the beginning of the year | 63.13 | 39.42 |
| Cash and cash equivalents at the end of the year |