has buy call on with a target price of Rs 425. The current market price of and Energy is Rs 319.45.
Shyam Metalics and Energy, incorporated in the year 2002, is a Small Cap company (having a market cap of Rs 8167.68 Crore) operating in Metals - Ferrous sector.
Shyam Metalics and Energy key Products/Revenue Segments include Steel, Sale of services, Export Incentives, Power, Miscellaneous, Other Operating Revenue for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-09-2022, the company has reported a Consolidated Total Income of Rs 3106.85 Crore, down -4.26 % from last quarter Total Income of Rs 3245.13 Crore and up 23.53 % from last year same quarter Total Income of Rs 2515.02 Crore. Company has reported net profit after tax of Rs 110.91 Crore in latest quarter.
The company’s top management includes Mr.Mahabir Prasad Agarwal, Mr.Kishan Gopal Baldwa, Mr.Ajay Choudhury, Mr.Ashok Kumar Jaiswal, Mr.Yudhvir Singh Jain, Mr.Venkata Krishna Nageswara Rao Majji, Mr.Dev Kumar Tiwari, Mr.Bhagwan Shaw, Mr.Deepak Kumar Agarwal, Mr.Sanjay Kumar Agarwal, Mr.Brij Bhushan Agarwal, Mrs.Rajni Mishra. Company has S K Agarwal & Co. LLP as its auditors. As on 31-12-2022, the company has a total of 26 Crore shares outstanding.
Investment Rationale
In the ferrous space, Shyam Metalics remains the brokerage's key pick owing to its longs-heavy product portfolio.
Promoter/FII Holdings
Promoters held 88.35 per cent stake in the company as of 31-Dec-2022, while FIIs owned 0.76 per cent, DIIs 3.21 per cent.
Shyam Metalics and Energy, incorporated in the year 2002, is a Small Cap company (having a market cap of Rs 8167.68 Crore) operating in Metals - Ferrous sector.
Shyam Metalics and Energy key Products/Revenue Segments include Steel, Sale of services, Export Incentives, Power, Miscellaneous, Other Operating Revenue for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-09-2022, the company has reported a Consolidated Total Income of Rs 3106.85 Crore, down -4.26 % from last quarter Total Income of Rs 3245.13 Crore and up 23.53 % from last year same quarter Total Income of Rs 2515.02 Crore. Company has reported net profit after tax of Rs 110.91 Crore in latest quarter.
The company’s top management includes Mr.Mahabir Prasad Agarwal, Mr.Kishan Gopal Baldwa, Mr.Ajay Choudhury, Mr.Ashok Kumar Jaiswal, Mr.Yudhvir Singh Jain, Mr.Venkata Krishna Nageswara Rao Majji, Mr.Dev Kumar Tiwari, Mr.Bhagwan Shaw, Mr.Deepak Kumar Agarwal, Mr.Sanjay Kumar Agarwal, Mr.Brij Bhushan Agarwal, Mrs.Rajni Mishra. Company has S K Agarwal & Co. LLP as its auditors. As on 31-12-2022, the company has a total of 26 Crore shares outstanding.
Investment Rationale
In the ferrous space, Shyam Metalics remains the brokerage's key pick owing to its longs-heavy product portfolio.
Promoter/FII Holdings
Promoters held 88.35 per cent stake in the company as of 31-Dec-2022, while FIIs owned 0.76 per cent, DIIs 3.21 per cent.
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