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Shyam Metalics & Energy receives credit rating upgrade

6 Nov 2025 · 15:01 ISTmarket hours1 source ↓written by the desknot a recommendation

bank facilities: ₹3,600 cr

Shyam Metalics & Energy has received an upgrade in its long-term credit rating to CRISIL AA+/Stable for total bank facilities of ₹3,600 cr. The short-term rating remains CRISIL A1+. This upgrade may enhance the company's borrowing capacity and investor confidence, potentially impacting market sentiment positively.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 6 Nov 2025, 15:01 IST.

Sourcesnews.google.com

SHYAMMETAL
Metals

16 JulShyam Metalics begins commercial production at aluminium facilityMediumShyam Metalics has started commercial production at its 18,000 TPA aluminium foil facility in Odisha, part of a ₹800 cr capex plan aimed at boosting revenue growth by up to 150%. The company is trading near its 52-week high of ₹1,059 per share.
14 JulShyam Metalics announces $1.1 billion expansion planHighShyam Metalics announced a $1.1 billion expansion plan to enter the stainless steel market, aiming for a 10-12% market share. CMD Brij Bhushan Agarwal confirmed no equity raise or acquisitions are planned, focusing on organic growth.
13 MayShyam Metalics reports FY26 revenue growth and capex approvalMediumShyam Metalics reported FY26 revenue of ₹18,552 cr, up from ₹15,159 cr last year. Q4 revenue was ₹5,240 cr, with a capex approval of ₹2,700 cr and a proposed dividend of ₹2.70 per share, subject to shareholder approval.
13 MayShyam Metalics approves ₹2,700 crore capex for expansionHighShyam Metalics and Energy announced a ₹2,700 crore capex for expansion in long and stainless steel segments, enhancing production capacity at Kharagpur and Sambalpur facilities. The project aims for completion by early 2029, with a new mill adding 800,000 TPA capacity.
12 MayShyam Metalics announces ₹2,700 crore expansion planHighShyam Metalics announced a ₹2,700 crore expansion plan to enhance its steel production capabilities. The investment will be allocated to its Kharagpur and Sambalpur facilities, with a new mill expected to add 800,000 TPA capacity by March 2029.
3 MayShyam Metalics announces ₹2,700 cr expansion planMediumShyam Metalics & Energy announced a ₹2,700 crore expansion plan, enhancing its ₹16,060 crore capex pipeline. The investment targets higher-margin products and is funded entirely from internal cash flows, avoiding new debt. Shares closed at ₹873.75, down 0.82%.

Shyam Metalics & Energy receives credit rating upgrade

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