About Shyam Metalics and Energy Limited 

Shyam Metalics and Energy Limited stands as a top integrated metal producer specializing in long steel products together with ferro alloys. The company maintains its position as India’s largest ferro alloys producer while ranking as the fourth-largest sponge iron producer. 

The Company operates a comprehensive business segment that includes iron pellets and sponge iron and billets and TMT bars and structural steel and wire rods and pipes and aluminium and stainless steel along with backward and forward integration across the value chain. The Company operates its manufacturing facilities across Sambalpur (Odisha) and Jamuria Mangalpur Kharagpur (West Bengal) and Giridih (Jharkhand) and Pithampur (Madhya Pradesh) and Pakuria (West Bengal). The Company exports to 25 countries, with exports contributing 10% of revenue in FY 2025. 

Capital expenditure discipline as a self-funded program stands as the core element which enables the Company to grow. The company has allocated Rs 6,584 crore for FY2025 out of its total planned expenditure of Rs 10,025 crore which targets high-margin products such as battery foil and aluminum flat rolled products as well as stainless steel wire rods and ductile iron pipes. The Company established a 1,50,000 TPA DRI plant together with a 20 MW captive power unit at Ramsarup West Bengal and expanded its captive power generation to reach 697 MW.

Shyam Metalics and Energy Limited’s Business Segments 

• Wire Rods – 19.80% of revenue (FY2025).
• Sponge Iron – 17%.
• TMT Bars – 15.91%.
• Ferro Alloys – 12.66%.
• Structural Steel – 8.63%
• Stainless Steel – 7.34%
• Iron Ore Pellets – 4.8%
• Billets – 4.6 Per cent.
• Pig Iron – 2.12 Per cent.
• CR Coil/Sheet – 0.9%.
• Exports business – 10% of revenue (FY 2025).

Shyam Metalics and Energy Limited’s Key Management

• Mahabir Prasad Agarwal – Chairman Emeritus.
• Brij Bhushan Agarwal – Chairman & Managing Director.
• Sanjay Kumar Agarwal – Joint Managing Director.
• Deepak Agarwal – Whole-time Director & Chief Financial Officer.
• Dev Kumar Tiwari – Whole-time Director.
• Sheetij Agarwal – Whole-time Director.
• Birendra Kumar Jain – Company Secretary.

Latest Updates on Shyam Metalics and Energy Limited 

• Capital projects advanced: cumulative capex reached Rs 6,584 crore (66% of the planned Rs 10,025 crore), including commissioning of a 1,50,000 TPA DRI plant and a 20 MW captive power unit at Ramsarup; captive power capacity is being scaled to 697 MW.

• Corporate actions: SMEL Steel Structural Private Ltd. became a wholly owned subsidiary of Shyam SEL and Power Limited on August 23, 2024; Shyam Metalics Flat Product Private Limited merged with Shyam SEL and Power Limited with effect from April 1, 2024, pursuant to the Hon’ble NCLT order dated March 17, 2025.

• Operating performance: Steel production rose 7.48% year-on-year to 4.97 MTPA, with sales up 3.75% to 2.00 MTPA; on a consolidated basis, production grew 12.34% and sales 8.22% year-on-year.

• Strategic milestones included an FPO launch and capacity expansion, alongside continuing export reach to 25 countries with exports contributing 10% of revenue in FY 2025.