Press Release

SMEL/SE/2026-27/48 July 20, 2026 The Secretary, Listing Department The Manager – Listing Department BSE Limited National Stock Exchange of India Phiroze Jeejeebhoy Towers Limited “Exchange Plaza”, 5th Floor, Plot Dalal Street No. C/1, G Block, Bandra-Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai 400 051 Maharashtra, India Maharashtra, India Scrip Code: 543299 Symbol: SHYAMMETL Sub: Press Release Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (LODR) Regulations 2015, we are pleased to inform you that a press release was issued w.r.t the financial results of the Company for the Quarter Ended 30th June, 2026. The same is enclosed herewith for your information and dissemination on your website. Thanking you, Yours faithfully, For Shyam Metalics and Energy Ltd. Birendra Kumar Jain Company Secretary Membership No. F13320 OUR BRANDS SHYAM METALICS AND ENERGY LIMITED Regd. O(cid:431)ice: P-19, (Plate No.: D-403), Taratala Road, CPT Colony, Kolkata, West Bengal – 700088 CIN: L40101WB2002PLC095491 GSTIN: 19AAHCS5842A1ZE T:+91 33 6521 6521 Email: contact@shyamgroup.com Web: www.shyammetalics.com Follow us on : Power | Ferro Alloys | Pellets | Pig Iron | Billets | Sponge Iron | Wire Rod | Wire | TMT & Structurals | Aluminium Foil | Roofing Product | Stainless Steel | DI Pipes SHYAM METALICS & ENERGY LTD (SMEL) Shyam Metalics reports sustainable and robust Revenue & EBITDA growth in Q1 FY27 Revenue grew by 23% YoY, Operating EBITDA grew by 32% YoY in Q1 FY27 Declared interim dividend of Rs. 1.80 per equity share Investor Release Kolkata, West Bengal, 20th July 2026 - Shyam Metalics and Energy Limited (SMEL), a leading multi-metal conglomerate with footprints in carbon steel, stainless steel, specialty alloys and aluminum foil along with captive power plant announced its Financial Results for the quarter ended 30th June 2026. Key Financial Highlights & Updates: Q1 FY27 Revenues EBITDA Operating EBITDA Profit after Tax Cash Accrual Rs. 5,455 Cr Rs. 812 Cr Rs. 765 Cr Rs. 351 Cr Rs. 616 Cr Key Consolidated Financial Highlights Particulars (Rs. Cr) Q1 FY27 Q1 FY26 Y-o-Y Q4 FY26 Q-o-Q FY26 Revenue 5,455 4,423 23.3% 5,240 4.1% 18,552 EBITDA 812 633 28.3% 756 7.4% 2,537 EBITDA Margins (%) 14.9% 14.3% 14.4% 13.7% Operating EBITDA 765 580 32.0% 727 5.3% 2,333 Operating EBITDA Margins (%) 14.0% 13.1% 13.9% 12.6% Profit after Tax 351 291 20.6% 312 12.6% 1,061 PAT Margins (%) 6.4% 6.6% 6.0% 5.7% Commenting on the Results, Mr Brij Bhushan Agarwal, Chairman & Managing Director said “We commenced Q1 FY27 on a strong footing, driven by disciplined execution, operational excellence, and the strength of our integrated business model. During the quarter, Revenue, EBITDA and PAT grew by 23%, 28% and 21% year-on-year respectively. EBITDA margin improved by 100 bps supported by sustained operational efficiency improvements. A defining milestone during the quarter was the unveiling of our Vision 2031 roadmap, which outlines our ambition to transform Shyam Metalics from a commodity-focused steel producer into a diversified, value-added metals enterprise with a stronger and more resilient earnings profile. We also achieved a significant operational milestone with the commencement of commercial production at our Aluminium Foil Facility in Odisha, marking an important step in building a fully integrated downstream aluminium ecosystem. The Aluminium Flat Rolled Products facility remains on track for commissioning in the second quarter, while all major projects across our growth portfolio are progressing as planned and continue to advance within their targeted timelines. Importantly, despite executing one of the largest investment programmes in our history, we have maintained a strong balance sheet with marginal debt levels, reflecting prudent capital allocation, healthy internal cash generation, and our long-standing commitment to self-funded growth. As our new capacities ramp up and high-value businesses such as HR, SBQ, stainless steel, aluminium and other downstream segments contribute meaningfully, we expect a significant strengthening of earnings quality, profitability, and capital efficiency over the coming years. We remain confident of achieving our long-term objective of delivering superior returns, with ROE and ROCE expected to improve materially as the Vision 2031 strategy unfolds. Looking ahead, supported by our strong financial position, diversified portfolio, and a well-defined growth pipeline, we are well positioned to capitalise on emerging opportunities and create sustainable long-term value for all stakeholders.” SHYAM METALICS & ENERGY LTD (SMEL) Per Tonne Realizations (Product Wise Details) Per Tonne Q1 FY27 Q1 FY26 Y-o-Y Q4 FY26 Q-o-Q FY26 Realisations (Rs.) Speciality Alloys 1,06,613 87,715 21.5% 99,517 7.1% 93,837 Carbon Steel 45,777 44,856 2.1% 45,374 0.9% 43,043 CR Coil/ CR Sheet(1) 86,815 71,974 20.6% 78,513 10.6% 74,494 Sponge Iron 25,219 24,100 4.6% 24,897 1.3% 23,695 Pig Iron 38,800 33,762 14.9% 36,919 5.1% 33,932 Iron Pellets 9,057 8,608 5.2% 9,556 -5.2% 9,085 Aluminium 4,83,467 3,65,945 32.1% 4,07,461 18.7% 3,79,805 Stainless Steel 1,75,925 1,38,516 27.0% 1,49,034 18.0% 1,40,443 Sales Volumes (in Tonnes) Volumes (in tonnes) Q1 FY27 Q1 FY26 Y-o-Y Q4 FY26 Q-o-Q FY26 Speciality Alloys 51,479 56,576 -9.0% 55,403 -7.1% 2,23,494 Iron Pellets 3,91,074 3,12,151 25.3% 2,78,341 40.5% 11,76,992 Carbon Steel 4,04,858 4,06,771 -0.5% 4,54,980 -11.0% 16,99,661 CR Coil/ CR Sheet(1) 49,539 32,609 51.9% 50,344 -1.6% 1,69,440 Sponge Iron 1,68,301 2,56,956 -34.5% 2,11,817 -20.5% 9,03,350 Pig Iron 2,89,201 1,21,772 137.5% 2,03,499 42.1% 6,60,237 Aluminium 5,606 5,440 3.1% 5,558 0.9% 21,620 Stainless Steel 23,237 19,813 17.3% 27,287 -14.8% 94,102 Note: (1) Sales volumes including volume of HR Tube/ Pipe Revenue Breakup Q1 FY27 FY26 Others 0.8% Others Stainless Steel Speciality Alloys Stainless Steel 2.2% Speciality Alloys 7.5% Aluminium Foil Aluminium Foil 5.0% 10.1% 4.4%7.1% 11.2% Pig Iron Pig Iron 12.0% Steel Steel 20.6% Pro 7d 7u %cts 34.0% Carbon Steel Pro 7d 5u %cts Iron Pellets 5.7% 39.2% Carbon Steel 6.5% 11.4% 7.8% Sponge Iron 6.7% Iron Pellets 7.9% Sponge Iron CR Coil & Sheet CR Coil & Sheet Note: (1) per tonne realisations including realisation of HR Tube/ Pipe 2 SHYAM METALICS & ENERGY LTD (SMEL) About Shyam Metalics And Energy Limited (SMEL) Shyam Metalics is a leading and fastest-growing integrated metal-producing company based in India primarily in the steel Industry in West Bengal, Odisha, Jharkhand and Madhya Pradesh with a focus on Long Steel Products, Ferro Alloys, Aluminum and Stainless Steel The company got listed itself on the exchanges in 2021 and as on date of this press release possesses a market capitalization of Rs. 28,529 crores. Spearheaded by Mr. B. Bhushan, Chairman and Managing Director, the company strives to deliver unparalleled quality through their customized value-added solutions to meet business requirements. Headquartered in Kolkata, West Bengal, the company is amongst the largest producers of ferro alloys in terms of installed capacity in India. (Source: CRISIL Report) The company has the ability to sell intermediate and final products across the steel value chain. Shyam Metalics is one of the leading players in terms of pellet capacity and the largest coal fired player in the sponge iron industry in terms of sponge iron capacity in India. Safe Harbor Statement Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain assumptions which the Company does not guarantee the fulfilment of. These statements are subject to risks and uncertainties. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company’s operations include a downtrend in the industry, global or domestic or both, significant changes in political and economic environment in India or key markets abroad, tax laws, litigat [Showing first 8,000 characters — download PDF for full document]