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Fundamentals for Shyam Metalics and Energy Limited
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Fundamentals for Shyam Metalics and Energy Limited
Business Operations:
Sector: Basic MaterialsIndustry: Steel
Shyam Metalics and Energy Limited, an integrated metal company, manufactures and sells long steel products and ferro alloys in India and internationally. It produces long steel products, such as iron pellets, sponge iron, steel billets, thermos-mechanically treated bars, structural products, wire rods, and ferro alloys, as well as aluminium and stainless steel products. The company manufactures and sells aluminum foils for use in pharmaceutical, household, contraceptive, FMCG, electronics, electricals, automotive, dairy, confectionery, flexible packaging, and other industries. It sells its products under the SEL brand. In addition, it operates three manufacturing plants, which include captive power plants with an installed capacity of 227MW located in Odisha and West Bengal. The company also exports its products. Shyam Metalics and Energy Limited was incorporated in 2002 and is based in Kolkata, India.
Revenue projections:
With SHYAMMETL's revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.
Financial Ratios:
| currentRatio | 1.118000 |
|---|---|
| forwardPE | 12.067074 |
| debtToEquity | 9.426000 |
| earningsGrowth | 0.207000 |
| revenueGrowth | 0.226000 |
| grossMargins | 0.271190 |
| operatingMargins | 0.073650 |
| trailingEps | 34.750000 |
| forwardEps | 64.564120 |
SHYAMMETL's current ratio being 1.118 suggests that it has more than enough liquidity to cover short-term debt obligations. The company's cash reserves and current assets are sufficient to meet immediate liabilities, signaling solid financial health and minimal risk.
SHYAMMETL's Forward PE ratio is favorable, meaning the stock price aligns well with earnings and isn't overvalued. This allows room for growth, making it an attractive investment for those seeking potential upside while ensuring the stock is not overpriced.
With earnings and revenue growth in positive territory, SHYAMMETL is projected to expand its business. This strong financial performance suggests the company will continue to grow, as increased profitability and sales drive future success.
Shyam Metalics and Energy Limited's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.
Price projections:
The price of SHYAMMETL has often been situated close to the lower end of projections. This consistent trend may signal difficulties for the company in achieving investor expectations for future performance.
Recommendation changes over time:
With analysts showing a buy bias for SHYAMMETL, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning SHYAMMETL as a safe and profitable place for investors to allocate their funds and seek growth.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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