Shyam Metalics' value-added expansion to help deliver on its long-term goals (opens original article in a new tab)

Shyam Metalics plans to boost revenue and Ebitda through expansion in value-added products like stainless steel and aluminium, with significant capex investments and projected growth in key sectors.

• Stainless steel is expected to increase revenue contribution from 7% to 28% by FY31
• Shyam Metalics targets 18% revenue CAGR and 22% Ebitda CAGR from FY26-FY31
• Company is investing ₹16,100 crore in capex, with ₹8,630 crore already spent by FY26-end
• New projects include 1.6 million tonnes per annum hot-rolled coil capacity and CRM complex at Jamuria