Shyam Metalics November Update: Stainless steel sales up 7%; pellet volumes surge 131%

Integrated metal player Shyam Metalics and Energy Ltd on Friday (December 5) released its consolidated sales performance for the month ended November 30, 2025. The company reported monthly operational data across its product categories, including stainless steel, aluminium foil, pellets, speciality alloys, carbon steel, CR coil and CR sheets, HR tubes and pipes, sponge iron and pig iron.

In stainless steel, sales volumes stood at 6,518 MT in November FY26, compared to 6,064 MT in November FY25, an increase of 7.48%. Realisation was ₹1,42,442 per MT versus ₹1,24,592 per MT a year earlier, up 14.33%. On a month-on-month basis, volumes increased 2.29% and realisation rose 3.65%.

Aluminium foil sales volumes were 1,926 MT in November FY26 against 2,018 MT last year, a decline of 4.58%, while realisation improved 6.74% to ₹3,72,339 per MT. Compared to October FY26, volumes increased 40.65% and realisation fell 2.18%.

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Pellet sales recorded 1,02,561 MT in November FY26, up 131.06% from 44,386 MT in November FY25. Realisation increased 1.02% year-on-year to ₹9,021 per MT. Month-on-month, volumes rose 13.06%, while realisation declined 2.97%.

Speciality alloys sales volumes were 19,432 MT, compared to 16,243 MT last year, an increase of 19.64%. Realisation stood at ₹93,619 per MT, marginally lower by 0.74% year-on-year. Versus October FY26, volumes increased 20.03% and realisation rose 0.43%.

Carbon steel volumes reached 1,33,231 MT in November FY26, up 0.98% year-on-year. Realisation was ₹39,567 per MT, down 9.18%. Month-on-month, volume rose 0.17% while realisation decreased 1.21%.

CR coil and CR sheet volumes rose to 15,218 MT from 1,140 MT in November FY25, an increase of 1,234.68%. Realisation improved 25.04% year-on-year to ₹74,653 per MT. Month-on-month, volumes were higher by 16.61% and realisation was lower by 0.91%.

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HR tube and pipe sales were 380 MT in November FY26, compared with 413 MT in October FY26, reflecting a month-on-month decline of 7.95%. Realisation increased 0.47% to ₹48,443 per MT.

Sponge iron volumes were 75,936 MT versus 82,230 MT last year, a decline of 7.65%. Realisation decreased 11.08% year-on-year to ₹22,140 per MT. Month-on-month, volumes fell 9.56% while realisation increased 2.80%.

Pig iron volumes rose sharply to 55,425 MT in November FY26 from 2,820 MT in November FY25, an increase of 1,865.63%. Realisation decreased 11.08% year-on-year to ₹31,594 per MT. Compared to October FY26, sales volumes declined 7.74% and realisation fell 0.74%.

The company reported that its colour-coated and blast furnace units commissioned in November 2024 continued contributing to production in the current period.

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Shares of Shyam Metalics and Energy Ltd ended at ₹803.95, up by ₹3.40, or 0.42%, on the BSE.