EBITDA surged 52.6% to ₹823 cr, lifting the operating margin to 13.8% from 12.1% in FY26, according to the company’s filing. The revenue climbed to ₹5,960 cr, a 33.4% increase over the same period last year, while net profit hit ₹493.4 cr, up 88.5% from ₹261.8 cr in Q2 FY26.
In Q1 FY27, Shyam Metalics posted a 18% YoY rise in net profit to ₹345 cr and a 23% revenue rise to ₹5,455 cr, showing a steadier growth trajectory than the second quarter. EBITDA for the first quarter stood at ₹765 cr, up 32% from ₹580 cr, and the EBITDA margin improved by 90 basis points to 14%.
The stock closed higher, gaining 2.3% in the latest session to ₹1,163, matching a 10‑month gain of 37% this year. Analysts point to the company's expanding margin profile as a key driver behind the share price rally.
Looking ahead, Shyam Metalics has not issued new guidance yet, but management hinted at maintaining its margin expansion strategy, expecting higher raw material prices to be offset by improved operational efficiencies. Investors will watch the upcoming Q3 earnings for confirmation of the trend.