Shyam Metalics plans ₹10,000 cr capex to more than double revenue by 2031
Published on 16/10/2025 02:34 PM
Shyam Metalics plans ₹10,000 cr capex to more than double revenue by 2031Shyam Metalics and Energy Ltd has announced a ₹10,000 crore investment under its Vision 2031 plan, aiming to more than double revenue to ₹40,000 crore and expand capacity.By Sheersh Kapoor October 16, 2025, 2:34:03 PM IST (Published)1 Min ReadShyam Metalics and Energy Ltd (SMEL) has laid out an ambitious growth roadmap under its 'Vision 2031' plan, targeting a 2.5x jump in revenue to ₹40,000 crore and expanding total capacity from 15 million tonnes to 27 million tonnes over the next seven years.
The company plans to invest about ₹10,000 crore, largely through internal accruals, to fund expansion across specialty steel, stainless steel, flat products, and aluminium. The focus will be on downstream integration, technology upgrades, and energy efficiency.
SMEL said the strategy will strengthen its position in high-value sectors such as defence, infrastructure, engineering, and railways, while improving operational efficiency through backward integration in energy and mining.
It expects EBITDA margins to rise by 200–300 basis points once the expansion is complete, driven by operating leverage and a richer product mix.
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The plan is also expected to create around 10,000 new jobs and double export revenues to $300 million.
As of 2:17 PM, shares of Shyam Metalics and Energy Ltd were up 0.7% at ₹922 on the NSE, after touching an intraday high of ₹928.70 following the announcement.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!Tagscapex planshare market todayShyam Metalics and EnergyShyam Metalics Energy