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SHYAMMETL
201234567899012345678910123456789.5012345678900123456789
-0.55 (-0.19%)
Previous Close: 292.05
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https://www.moneycontrol.com/news/business/earnings/shyam-metalics-standalone-june-2022-net-sales-at-rs-1442-86-crore-up-21-65-y-o-y-8939491.html #SHYAMMETL

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#SHYAMMETL BUY FOR TARGET OF 350,400,430 plus in short term. LTP 310. 1. Strong Financials 2. Good Net Cash Flow 3. High EPS growth 4. Low Debt 5. Zero Promoters Pledge 6. Rising Net Profit Margin 7. Increasing Revenue 8. Good Shareholding Pattern Company have the potential to touch 500 very early and can also become multibagger.

VipinBulls

,387🤗 #SHYAMMETL

Aziz Khan

#SHYAMMETL Not a recommendation *Shyam Metalics* (Fast-growing, well-run steel player, BUY, TP Rs514): Shyam Metalics & Energy (SMEL), a diversified player in the steel supply chain, is poised to benefit over the next few years, from capacity growing 1.5-2x of FY21 levels. Strong focus on cost is backed by plants in eastern India, well-sorted logistics and dependence on low-cost captive power for ~80% of its needs. Hence, while SMEL is exposed to commodities for inputs and end products, it has posted healthy margins, which should endure going ahead. Net-cash balance sheet and healthy return-ratios highlight the conservativeness, which is key to a cyclical business. We initiate coverage on SMEL with BUY & TP of Rs514.

Sridhar Balakrishnan

TechMentalAK

Aziz Khan

#SHYAMMETL FORWARDED AS RECEIVED, JUST FOR STUDY PURPOSE ONLY! *👉SHYAM METALLIC* – COMPELLING VALUATION WITHIN THE METAL SPACE, STOCK IGNORED IN RECENT METAL RALLY. CMP - INR 340-350 /Share Mcap – INR 8885 aprox crore Net Cash- INR 1,000 crore TTM EBITDA- INR 2,560 crore TTM PAT- INR 1,680 crore TTM EV/EBITDA- 2.5x *Shyam Metalics and Energy Limited (SMEL) offers a unique play in the Indian metals space, with a combination of a) doubling of capacity in medium term and b) a strong near-zero debt balance sheet*- Shyam metallic has a 0.9 MT of long steel capacity which is expanding to nearly 2 MT by December 2022. Current net cash on BS is INR 1,000 crore which will increase despite the ongoing capex due to healthy internal accruals. Presence in longs value chain - SMEL’s presence in the longs value chain allows it the flexibility in revenue mix depending on prevailing market condition to optimize profits by selling a) intermediates like Iron pellets, sponge iron, billets; b) finished products such as TMT, structural products, wire rods, pipes and c) ferro alloy - *Shyam metallic has an integrated capacity with pellets of 3.6 MT, Sponge Iron of 2 MT, Billet of 0.9 MT & Long steel of 0.9 MT* Billet & Long steel will expand from 0.9 MT to 2 MT by December 2022 *Presence in longs value chain, proximity to raw-mat; captive power enables healthy margins:* While Shyam metallic does not have its own iron ore, *it has one of the lowest freight cost to source iron ore due to logistical advantage*. *Additionally it has the lowest Power cost of INR 2.2/Unit (Market rate of INR 5.5/Unit)* *It has a Captive 225 MW Power plant (the power plant itself enables it to save INR 400-500 crore annually)*. *Insulated from rising coking coal prices* Given Shyam’s presence in long steel, it has minimal requirement of coking coal. *Shyam’s annual requirement of coal is around 2 MT, and 45% of this it has a long term FSA tie up with coal India. Rest is sources via imports and E-auction route* Given the rise in coal prices *Shyam’s 45% FSA will help insulate impact on its margins* *Lowest Cost Ferro- Alloy player*- The company is one of the largest producers of ferro alloys in terms of installed capacity in India at 2 lac ton, and given its proximity to RMs and low power costs, it is the lowest cost producer. *KEY MOATS* 1. Convertor business model with presence across integrated manufacturing 2. Diversified revenue profile- 25% Ferro Alloys, 50% Long steel, 25% Pellet & Sponge Iron 3. The Company’s track record of executing cost efficient expansion augurs well for return ratios - RoE / RoCE (23% / 20%) 4. Net Cash BS with INR 1,000 crore+ Cash *KEY TRIGGERS* 1. 20% business from exports- Very healthy demand outlook 2. *Recent increase in product prices- Pellet up INR 2,000/Ton, Sponge Iron up INR 5,000/Ton & Long steel up INR 10,000/Ton* 3. Completion of Long steel expansion by December 2022 to help in growth in FY24E. *FINANCIALS* 1. Shyam externally sells nearly 1.7-2 MT Pellet- *Pellet has a EBITDA margin of INR 1,500-2,000/Ton- which gives Shyam an EBITDA of INR 350-400 crore (Spot margins could be much higher)* 2. Shyam externally sells nearly 0.7-0.8 MT Sponge Iron- *Sponge Iron has EBITDA margin of nearly INR 5,00/Ton- which gives Shyam AN EBITDA of INR 350-400 crore (Spot margins could be much higher)* 3. Shyam externally sells about 0.9 MT of long steel- *Long steel current EBITDA margins are about INR 12,000/Ton- this gives Shyam an EBITDA INR 1,100 crore* 4. Shyam externally sell about INR 0.15 MT of Ferro Alloys- *Ferro Alloys spot EBITDA margins are about INR 35,000/Ton- this gives Shyam an EBTITDA of INR 500 crore* 5. *Total EBITDA potential is about INR 2,500 crore* *While current margins definitely would be unsustainable- Shyam’s diversified business model, dependence on Outside RMs and Completion of 1.1 MT of Long steel capacity (Long steel capacity expansion could result in INR 1,100 crore EBITDA at spot rates) will limit the downside in FY24E* *Net Cash balance currently is about INR 1,000 crore which should increase to INR 1,500 crore despite about INR 1,200 crore of capex in 2022* (Study only Not any buy or sale recommendation)

Sridhar Balakrishnan

*Stocks in News* One 97 Communications (Paytm): Munish Ravinder Varma resigned as non-executive, non-independent director of the company due to personal commitments and other pre-occupations. Infibeam Avenues: The board has approved the appointment of Sunil Bhagat as Chief Financial Officer of the company, in place of Hiren Padhya. Zomato: The food delivery giant acquired a 16.66 percent stake in Mukunda Foods Private Limited, a food robotics company, for cash consideration of $5 million. The board also approved a loan of up to $150 million to Grofers India in one or more tranches. The loan to Grofers is in line with its stated intent of investing up to $400 million cash in quick commerce in India over the next 2 years. EKI Energy Services: The firm is in advanced discussions with some of the European oil and gas majors, to launch an initiative to supply free improved cook stoves to rural households to reduce carbon footprint and generate carbon offsets. Shyam Metalics and Energy: The company announced a fresh round of Rs 990 crore capital expenditure plans to further expand the capacity by 2.85 MTPA. This capital expenditure will be over and above the ongoing capital expenditure expansion of Rs 3,000 crore. Genus Paper & Boards: The company has successfully commenced production of duplex paper from one of the production lines at a new unit in Muzaffarnagar, Uttar Pradesh. The Muzaffarnagar unit has manufacturing facilities for the production of kraft paper and duplex paper. ITC: The company has acquired 1,040 compulsorily convertible preference shares of Rs 10 each of Mother Sparsh Baby Care. With this, its shareholding in Mother Sparsh stands at 16 percent. #PAYTM #INFIBEAM #ZOMATO #ITC #SHYAMMETL

TradeAdda

Gyanee

Clans India

Rajat Kumar Singh

ALERT: 🟢 Ferro Silicon prices up 30% in a week, doubled in 1 month Silico-manganese prices up 47% in last 1 month Shyam Metal, Maithan Alloy have largest silicon capacity in India SHYAM METAL, MAITHAN ALLOYS IN FOCUS: PRICE SKYROCKET ALLOY SHORTAGE IN CHINA Spain, China factory shut down seen in Ferro silicon Factory shutdown due to power shortages in China, Parts of EU Europe Ferro Silicon prices highest since 1997 levels #SHYAMMETL #IMFA #MAITHANALL

Indresh

Please focus on following today and if they meet your evaluation criteria you can decide to trade 1. #EXIDEIND 2. #SHYAMMETL 3. #BRITANNIA 4. #PETRONET 5. #BIOCON Disclaimer: I am not a SEBI registered or authorized analyst. The charts/levels/stocks posted will be only for educational purpose and not a buy/sell recommendation. I will not be responsible for your any trade you executed. Not liable for legal actions

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ResultsBot-display-image
Reputation: 20,221  •  May 16 12:30 PM

#SHYAMMETL will declare results on May 18, 2022
Do you have any view on the results? Let's aggregate whatever information we have from other sources for everyone's benefit.
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VipinBulls-display-image
Reputation: 2,216  •  May 9 4:32 AM

BUY FOR TARGET OF 350,400,430 plus in short term. LTP 310.
1. Strong Financials
2. Good Net Cash Flow
3. High EPS growth
4. Low Debt
5. Zero Promoters Pledge
6. Rising Net Profit Margin
7. Increasing Revenue
8. Good Shareholding Pattern
Company have the potential to t......read more
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Aziz Khan-display-image
Reputation: 5,143  •  Mar 26 4:58 AM
Breakoutcharts DAY in SHYAMMETL
#SHYAMMETL
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Sridhar Balakrishnan-display-image
Reputation: 193,930  •  Mar 26 4:35 AM

Not a recommendation
*Shyam Metalics* (Fast-growing, well-run steel player, BUY, TP Rs514): Shyam Metalics & Energy (SMEL), a diversified player in the steel supply chain, is poised to benefit over the next few years, from capacity growing 1.5-2x of FY21 levels. Stron......read more
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HypeR Trading-display-image
Reputation: 0  •  Mar 24 8:56 AM

Keep an eye on this Stock for Swing Trading
Chartbusters - chart - 8342551
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TechMentalAK-display-image
Reputation: 11,938  •  Mar 22 5:17 AM

SHYAM METALICS & ENERGY LTD.
Daily timeframe
1️⃣ Change from down trend to up trend
2️⃣ Close above horizontal supply zone and resistance trendline
3️⃣ High probability of continuation of upward rally hereafter
4️⃣ 3 Important levels marked on the chart
⏳ 1 week to 1 ......read more
Chartbusters - chart - 8267924
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Aziz Khan-display-image
Reputation: 5,143  •  Mar 21 4:56 AM
Breakoutcharts DAY in SHYAMMETL
#SHYAMMETL
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Equitymarket ಕನ್ನಡ  -display-image
Reputation: 750  •  Mar 21 2:13 AM
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Aziz Khan-display-image
Reputation: 5,143  •  Mar 20 4:11 AM
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Sridhar Balakrishnan-display-image
Reputation: 193,930  •  Mar 20 1:03 AM

FORWARDED AS RECEIVED, JUST FOR STUDY PURPOSE ONLY!
*👉SHYAM METALLIC* – COMPELLING VALUATION WITHIN THE METAL SPACE, STOCK IGNORED IN RECENT METAL RALLY.
CMP - INR 340-350 /Share
Mcap – INR 8885 aprox crore
Net Cash- INR 1,000 crore
TTM EBITDA- INR 2,560 crore
TTM......read more
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TradeAdda-display-image
Reputation: 55,297  •  Mar 16 1:49 AM

*Stocks in News*
One 97 Communications (Paytm): Munish Ravinder Varma resigned as non-executive, non-independent director of the company due to personal commitments and other pre-occupations.
Infibeam Avenues: The board has approved the appointment of Sunil Bhagat as Chief Finan......read more
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Gyanee-display-image
Reputation: 8,830  •  Feb 9 1:11 AM
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ResultsBot-display-image
Reputation: 20,221  •  Feb 7 12:30 PM

#SHYAMMETL will declare results on Feb 9, 2022
Do you have any view on the results? Let's aggregate whatever information we have from other sources for everyone's benefit.
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C
Reputation: 0  •  Dec 28, 2021 2:01 AM
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Short term trader-display-image
Reputation: 3,712  •  Dec 6, 2021 7:32 AM

Swing trade : Stock Shyam Metals is looking good on Charts at 317 Levels and Risk is at 302.
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Harry-display-image
Reputation: 1,825  •  Nov 9, 2021 8:35 AM

*Shyam Metalics And Energy Ltd.* | *CMP* Rs. 360 | *M Cap* Rs. 9189 Cr | *52 W H/L* 461/333
(Nirmal Bang Retail Research)
*Announced interim dividend of Rs 2.25 per share. Record date for the same is 19 Nov’21.*
*Result ok*
Revenue from Operations came at Rs. 2494.3 Cr (1.2% QoQ,......read more
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Clans India-display-image
Reputation: 4,139  •  Nov 9, 2021 2:45 AM

#SHYAMMETL results are out, stocks is looking bullish from these levels
#InvestmentIdeas
SHYAMMETL - 5716265
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Gyanee-display-image
Reputation: 8,830  •  Nov 8, 2021 3:39 AM

G-NEWS
• Most awaited paytm IPO subscribed 18% on Day-1
• Maruti Suzuki plans to set up new Haryana unit by 2021-end
• Order for 200 low-floor electric buses secured by JBM Auto from Delhi Govt. Positive
• Japan’s Softbank sinks into losses over china investments
• Motherson sumi......read more
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Revanth Nifty Radar-display-image
Reputation: 15,352  •  Nov 8, 2021 1:19 AM
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ResultsBot-display-image
Reputation: 20,221  •  Nov 6, 2021 12:30 PM

#SHYAMMETL will declare results on Nov 8, 2021
Do you have any view on the results? Let's aggregate whatever information we have from other sources for everyone's benefit.
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Rajat Kumar Singh-display-image
Reputation: 2,046  •  Oct 1, 2021 3:44 AM

SHYAMMETL - Good investment opportunity. Very high RR.

SHYAMMETL - 4992911
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Indresh-display-image
Reputation: 637  •  Sep 30, 2021 3:54 AM

ALERT: 🟢
Ferro Silicon prices up 30% in a week, doubled in 1 month
Silico-manganese prices up 47% in last 1 month
Shyam Metal, Maithan Alloy have largest silicon capacity in India
SHYAM METAL, MAITHAN ALLOYS IN FOCUS: PRICE SKYROCKET
ALLOY SHORTAGE IN CHINA
Spain, China factory ......read more
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Shivansh-display-image
Reputation: 6,012  •  Sep 26, 2021 10:46 AM
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BankNifty Expert-display-image
Reputation: 47,123  •  Sep 13, 2021 2:45 AM

Shyam Metalics has entered into an agreement for sale of shares inSubsidiary / Step Down Subsidiary and Associte Company with Dorite Tracon Pvt Ltd and Shyam Sel & Power Ltd..
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Chartsandequity-display-image
Reputation: 4,233  •  Sep 13, 2021 8:08 AM

Shyam Metalics - Cmp 407.20
Buy at 410
SL just below Day Low
Target 🎯 430 - 446 - 461
SHYAMMETL - chart - 4606650
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KrisDom Investor-display-image
Reputation: 29,763  •  Sep 2, 2021 2:20 AM

Shyam Metalics and Energy: The company's subsidiary Shyam Sel & Power completed the acquisition of Shree Vrenkatehwara Electrocast.
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Bhairav-display-image
Reputation: 4,869  •  Aug 17, 2021 11:23 AM

INVESTMENT PICK
#SHYAMMETL CMP 421
SL 370 ( CLOSING BASIS )
TGT 450/475/520/550
PLEASE CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING.
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Bomi-display-image
Reputation: 5,475  •  Jul 31, 2021 12:00 PM

Stock is following basic trendline and horizontal support,
can enter at cmp ; 20% upside move possible,
from swing high to low - short term target can be 1.618 fib levels i.e. 522

SHYAMMETL - 4081691
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ADS Finserv-display-image
Reputation: 272  •  Jul 29, 2021 2:04 AM

Please focus on following today and if they meet your evaluation criteria you can decide to trade
Disclaimer: I am not a SEBI registered or authorized analyst. The charts/levels/stocks posted will be only for......read more
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Jagdish Jha-display-image
Reputation: 8,270  •  Jul 20, 2021 7:41 AM

#SHYAMMETL 451 5%up : Crossed Target 435, next 475 & more in

Early Recommendation 405 to 451
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Spoiledbrahmin-display-image
Reputation: 1,182  •  Jul 20, 2021 5:25 AM

#SHYAMMETL Q1 : Net Profit Up 18 % To Rs 485 cr (QOQ) , Up 500 %
Revenue Up 5 % To Rs 2465 cr (QOQ) , Up 170 %
SHYAMMETL - 3948410
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ADS Finserv-display-image
Reputation: 272  •  Jul 16, 2021 1:52 AM

Please focus on following today and if they meet your evaluation criteria you can decide to trade
Disclaimer: I am not a SEBI registered or authorized analyst. The charts/levels/stocks posted will be only for e......read more
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Spoiledbrahmin-display-image
Reputation: 1,182  •  Jul 10, 2021 7:42 AM

#SHYAMMETL Q4 earnings
(Consolidated, YoY)
- Revenue at Rs 2,350 cr vs RS 1,083.7 cr
- PAT at Rs 387.5 cr vs Rs 79.7 cr
- EBITDA at Rs 636 cr vs Rs 192 cr
- Margin at 27.1% vs 17.7%
ShyamMetalics
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Jagdish Jha-display-image
Reputation: 8,270  •  Jul 7, 2021 8:37 AM

#SHYAMMETL 415 6%up : Going good for Target 425 & more in..

Early Recommendation 405 to 415
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Spoiledbrahmin-display-image
Reputation: 1,182  •  Jul 7, 2021 8:20 AM
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Jagdish Jha-display-image
Reputation: 8,270  •  Jul 6, 2021 5:31 AM

#SHYAMMETL 405 : Target 425 & 435 & more..

Early Recommendation :
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