Shyam Metalics and Energy Share Price Target 2026: Stock Analysis, Share Price Today, Bull Case and Bear Case After Q1 FY27

Shyam Metalics and Energy Rs 1,054.00 (6 Oct 2026 close). 52-week range Rs 746.00 to Rs 1,148.00. Q1 FY27 revenue Rs 5,455 cr, up 23%; profit Rs 351 cr, up 21%.

The Shyam Metalics and Energy share price target for 2026 is Rs 936 to Rs 1,144 in the Univest base case, with the stock at Rs 1,054.00 at the 6 October 2026 close. That is 8.2 percent below its 52-week high of Rs 1,148.00 and 41.3 percent above its 52-week low of Rs 746.00, and the stock moved up 13.1 percent over the past year. Shyam Metalics and Energy is a Kolkata-based integrated metals group making carbon steel, stainless steel, specialty alloys and aluminium, with captive power. Debt to equity is 0.09 and the dividend yield is 0.43 percent.

Three things changed since the last update: Q1 FY27 results on 20 July showed profit up 21 percent, the board approved a Rs 4,500 crore fund raise, and the stock rose 11.7 percent in the week of 24 August and hit Rs 1,148 in the week of 21 September. This Shyam Metalics and Energy stock analysis covers the Shyam Metalics and Energy share price today, the Shyam Metalics and Energy share price target for 2026, 2027 and 2030, the Q1 FY27 numbers, catalysts and risks, key price levels and a Shyam Metalics and Energy buy or sell view.

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What Is the Shyam Metalics and Energy Share Price Target for 2026?

The 2026 target for Shyam Metalics and Energy shares is Rs 936 to Rs 1,144 in the Univest base case, which is -11.2% to +8.5% against the last close. The bull case is Rs 1,408 to Rs 1,600 and the bear case is Rs 532 to Rs 646. No brokerage price target was available on the sources we track as of 6 October 2026, so every range below is a Univest research scenario. Analyst consensus is used as a cross-check, not as the base.

Shyam Metalics and Energy Share Price Target Scenarios: Bull Case, Base Case and Bear Case

Scenario	FY28E EPS	Target Multiple	Price Target (Rs)	Move vs Rs 1,054.00
Bull Case	Rs 64	22x to 25x	1,408 to 1,600	+33.6% to +51.8%
Base Case	Rs 52	18x to 22x	936 to 1,144	-11.2% to +8.5%
Bear Case	Rs 38	14x to 17x	532 to 646	-49.5% to -38.7%

FY28 EPS of Rs 52 in the base case compares with trailing EPS of Rs 40.13 and Q1 EPS of about Rs 12.60, and assumes revenue growth above 20 percent with EBITDA growth near 25 percent as new capacity comes on. Metal producers with growth trade at 18 to 22 times earnings, and the stock trades at about 20 times the base estimate. The PE multiple used for each case is shown in the table, and the EPS estimate is a Univest assumption, not company guidance. Those assumptions set the Shyam Metalics and Energy share price target range around the current price.

Shyam Metalics and Energy Company Overview and Share Price Today as of 6 October 2026

Shyam Metalics and Energy share price today is Rs 1,054.00 on the NSE at the 6 October 2026 close, before the market opens on 7 October. The market capitalisation is Rs 29,404 crore, and the stock trades at 26.3 times earnings against an industry average of 23.1 times. The Univest base case Shyam Metalics and Energy share price target of Rs 936 to Rs 1,144 is -11.2% to +8.5% from here. The table below sets out the key numbers behind the Shyam Metalics and Energy share price target.

Parameter	Value	Context
NSE Ticker	SHYAMMETL	BSE code 543299
Sector	Steel, stainless steel and ferro alloys	Per Univest sector classification
Last Close (NSE)	Rs 1,054.00	6 Oct 2026 close
52-Week High	Rs 1,148.00	CMP is 8.2% below
52-Week Low	Rs 746.00	CMP is 41.3% above
1-Year Return	About +13%	Weekly close Rs 931.65 on 10 Oct 2025 to Rs 1054
Market Capitalisation	Rs 29,404 crore	Mid cap metals company
Trailing P/E	About 26.3x	Industry P/E about 23.08x
P/B Ratio	About 2.55x	Book value Rs 412.84 per share
EPS (TTM)	Rs 40.13	Trailing twelve months
Return on Equity	About 9.3%	Debt to equity 0.09
Dividend Yield	About 0.43%	Interim dividend of Rs 1.80
12-Month Target (Base Case)	Rs 936 to Rs 1,144	Univest base case
Bull Case	Rs 1,408 to Rs 1,600	+33.6% to +51.8%
Bear Case	Rs 532 to Rs 646	-49.5% to -38.7%

Track live price, fundamentals and results for Shyam Metalics and Energy on the Univest Screener.

How Did Shyam Metalics and Energy Perform in Q1 FY27?

Shyam Metalics and Energy reported Q1 FY27 consolidated revenue of Rs 5,455.09 crore, up 23.3 percent from Rs 4,423 crore, and net profit of Rs 350.73 crore, up 20.7 percent from Rs 290.67 crore. EBITDA rose 28.3 percent to Rs 812 crore. Together these Q1 FY27 numbers anchor the Shyam Metalics and Energy share price target.

Metric	Q1 FY27	Context
Consolidated Revenue	Rs 5,455.09 crore	Up 23.3% YoY; up 4.1% QoQ
EBITDA	Rs 812 crore	Up 28.3%; margin 14.9%
Net Profit	Rs 350.73 crore	Up 20.7% from Rs 290.67 crore
Stainless Steel Realisation	Rs 1,75,925 a tonne	Up 27% YoY
Metal Capacity	16.78 MTPA	From 5.71 MTPA in FY21
Net Debt to EBITDA	Negative 0.16x	Net cash position

Steel products were about 77 percent of revenue, with finished steel at 40 percent and stainless steel at 5 percent. Management unveiled Vision 2031, guided for FY27 revenue growth above 20 percent and EBITDA growth of 20 to 25 percent, and commissioned an aluminium foil plant in Sambalpur. The FY27 outlook from management is the main input for these estimates. These numbers sit behind every range in the scenario table above, so they anchor the Shyam Metalics and Energy share price target.

Why Is Shyam Metalics Share Price Up 41 Percent From Its March Low?

Shyam Metalics shares are about 41 percent above the Rs 746 low of the week of 16 March 2026 and up 13 percent in a year. Profit growth, capacity additions and a net cash balance sheet lifted the stock through the second half of the year.

It rose 8 percent in the week of 18 May, gained 5 percent after Q1 results and jumped 11.7 percent in the week of 24 August to Rs 1,099.80 on 56 lakh shares. It touched Rs 1,148 in the week of 21 September and closed at Rs 1,054, 8 percent below that high. The Shyam Metalics and Energy share price target scenarios below account for that move.

Key Catalysts for the Shyam Metalics and Energy Share Price Target in 2026

4 catalysts matter most for the Shyam Metalics and Energy share price target, and sector tailwinds in Steel, stainless steel and ferro alloys are part of the case. Together they decide whether the base case is reached.

1. Capacity Growth

Metal capacity grew from 5.71 to 16.78 MTPA and captive power to 467 MW. New capacity drives volume. If it plays out, the Shyam Metalics and Energy share price target moves toward the top of the base range.

2. Stainless Steel

Stainless realisation rose 27 percent to Rs 1,75,925 a tonne and August volume rose 16.4 percent. Higher-value products lift margin. Strength here would support the upper end of the Shyam Metalics and Energy share price target.

3. Aluminium Foil

A new aluminium foil plant was commissioned in Sambalpur. It widens the value-added range. Delivery on this point keeps the Shyam Metalics and Energy share price target on track.

4. Net Cash

Net debt to EBITDA is negative 0.16 times. The balance sheet gives room to invest. Better news here would lift the Shyam Metalics and Energy share price target toward the bull case.

What Are the Key Risks to the Shyam Metalics and Energy Share Price Target?

The main risks are steel price swings, execution of expansion, the large fund raise and a slight premium multiple. Each can pull the Shyam Metalics and Energy share price target lower.

Steel Price Swings

Steel and alloy prices drive margin. A fall in realisations would cut EBITDA fast. If it materialises, the Shyam Metalics and Energy share price target would slip toward the bear case.

Expansion Execution

Capacity must fill to earn returns. Delays or weak demand would hold ROE near 9 percent. This is the main downside risk to the Shyam Metalics and Energy share price target.

Fund Raise

The Rs 4,500 crore raise could dilute holders depending on how it is structured. A report also flagged an ED attachment at a subsidiary as an item to monitor. A worsening here would cut the Shyam Metalics and Energy share price target toward the low end of the range.

Earnings Reset

A bear case EPS of Rs 38 at 14 times would put the price near Rs 532. Watch it closely, because it can pull the Shyam Metalics and Energy share price target lower quickly.

Shyam Metalics and Energy Stock Analysis: Support and Resistance Levels for the Share Price Target

Shyam Metalics and Energy stock analysis on weekly charts shows a range of Rs 1,015 to Rs 1,148 since mid-September, with the stock in the middle.

The first support level is Rs 1,015 to Rs 1,027.10, the lows of the weeks of 5 and 28 September, plus Rs 1,019 from the week of 14 September. Below that, Rs 746 is the 52-week low.

The first resistance level is Rs 1,070.40 to Rs 1,085.70, the highs of the weeks of 5 and 28 September. Above that, Rs 1,109 and Rs 1,148 mark the highs of the weeks of 14 and 21 September. These levels come from weekly price action, are not trade recommendations, and frame the near-term Shyam Metalics and Energy share price target.

Shyam Metalics and Energy Share Price Target 2026, 2027 and 2030: Short, Medium and Long Term

Short-Term Shyam Metalics and Energy Share Price Target (3 to 6 Months)

In the near term the stock is likely to trade between Rs 1,015 and Rs 1,086. A close above Rs 1,086 would put Rs 1,109 to Rs 1,148 in play, while a weekly close under Rs 1,015 would open a slide toward Rs 960. The Q2 FY27 results are the main trigger. This range anchors the near-term Shyam Metalics and Energy share price target.

12-Month and 2027 Shyam Metalics and Energy Share Price Target

The 12-month target price is Rs 936 to Rs 1,144, valued on 18 to 22 times FY28 EPS of Rs 52. The range across scenarios runs from Rs 532 in the bear case to Rs 1,600 in the bull case.

Long-Term Shyam Metalics and Energy Share Price Target for FY29 to 2030

For FY29 to 2030 the Univest scenario range is Rs 1,080 to Rs 1,584. This assumes EPS of Rs 60 in FY29 and Rs 72 in FY30 and a multiple of 18 to 22 times. It needs new capacity to fill, stainless steel margin to rise and EBITDA growth to stay near 25 percent a year. This is the long-term Shyam Metalics and Energy share price target in the Univest scenarios.

Bull Case and Bear Case for Shyam Metalics and Energy Share Price Target

Bull Case Rs 1,408 to Rs 1,600

The bull case of Rs 1,408 to Rs 1,600 for the Shyam Metalics and Energy share price target needs EPS of Rs 64 and the market to pay 22 to 25 times for it. It is +33.6% to +51.8% from the last close.

Bear Case Rs 532 to Rs 646

The bear case of Rs 532 to Rs 646 for the Shyam Metalics and Energy share price target equals 14 to 17 times FY28 EPS of Rs 38 and sits below the Rs 746 low. It is -49.5% to -38.7% from the last close.

Is Shyam Metalics and Energy a Good Buy at Rs 1,054? Shyam Metalics and Energy Buy or Sell View

Whether Shyam Metalics and Energy is a buy at Rs 1,054.00 depends on horizon and risk appetite. The base case sits between 11 percent below and 8 percent above the current price, the stock is 8 percent below its high, and the open question is the fund raise terms. The Shyam Metalics and Energy share price target range is the starting point for that decision.

Long-term holders may focus on capacity, EBITDA growth and the fund raise, and treat Rs 1,015 as the level to watch. Short-term traders may prefer to wait for a close above Rs 1,086. Check institutional holding in the September quarter filing for signs of accumulation or selling. Consult a SEBI-registered advisor before acting, since this Shyam Metalics and Energy buy or sell view is educational.

How to Invest in Shyam Metalics and Energy Shares

Step 1: Check the live price, valuation and the latest Shyam Metalics and Energy share price target range on the Univest Screener.

Step 2: Open a demat and trading account with a SEBI-registered broker such as Univest before acting on any Shyam Metalics and Energy share price target.

Step 3: Search for SHYAMMETL on the NSE or 543299 on the BSE in your trading app.

Step 4: Place a limit order near your planned entry and size the position so a fall to Rs 532 is bearable.

Step 5: Track steel prices, capacity ramp-up and Q2 FY27 results and set price alerts on the Univest App to follow any change in the Shyam Metalics and Energy share price target.

Conclusion

Shyam Metalics and Energy closed at Rs 1,054.00 against a Univest base case share price target of Rs 936 to Rs 1,144, a bull case of Rs 1,408 to Rs 1,600 and a bear case of Rs 532 to Rs 646. Q1 FY27 delivered revenue growth of 23 percent and profit growth of 21 percent with a net cash balance sheet. The main risks are steel price swings, expansion execution and dilution.

The stock is 8.2 percent below its 52-week high, so the base case sits between 11 percent below and 8 percent above the current price. The triggers to watch are steel prices, capacity ramp-up and Q2 FY27 results and the Rs 1,015 and Rs 1,086 levels. Re-check the Shyam Metalics and Energy share price target after each quarterly result. Investors with a long horizon and tolerance for volatility can track these triggers, while others may prefer to size positions carefully.

Download the Univest iOS App or Univest Android App to track Shyam Metalics and Energy live price and get daily stock recommendations.

FAQs on Shyam Metalics and Energy Share Price Target 2026

What is the Shyam Metalics and Energy share price target for 2026?

Ans. The Shyam Metalics and Energy share price target for 2026 is Rs 936 to Rs 1,144 in the Univest base case, with a bull case of Rs 1,408 to Rs 1,600 and a bear case of Rs 532 to Rs 646. No brokerage target was available on the sources we track as of 6 October 2026, so these are Univest research scenarios. These are estimates and can change after the Q2 FY27 results.

What is the Shyam Metalics and Energy share price target for 2027?

Ans. The Shyam Metalics and Energy share price target for 2027 is Rs 936 to Rs 1,144 in the base case, valued on 18 to 22 times FY28 EPS of Rs 52. The scenario range runs from Rs 532 to Rs 1,600.

Is Shyam Metalics and Energy a good buy at Rs 1,054.00?

Ans. Whether Shyam Metalics and Energy is a good buy at Rs 1,054.00 depends on your horizon, risk appetite and how you read the Shyam Metalics and Energy share price target. Revenue and EBITDA are growing fast with net cash, but the stock trades above the industry multiple and steel prices swing. Consult a SEBI-registered advisor before investing.

What are the key risks to the Shyam Metalics and Energy share price target?

Ans. The key risks to the Shyam Metalics and Energy share price target are steel price swings, expansion execution, fund raise and earnings reset. Steel and alloy prices drive margin. A fall in realisations would cut EBITDA fast.

What are the key catalysts for the Shyam Metalics and Energy share price target?

Ans. The key catalysts for the Shyam Metalics and Energy share price target are capacity growth, stainless steel, aluminium foil and net cash. Metal capacity grew from 5.71 to 16.78 MTPA and captive power to 467 MW. New capacity drives volume.

Where can I track Shyam Metalics and Energy share price today and Shyam Metalics and Energy share price target updates?

Ans. You can track the live Shyam Metalics and Energy share price, results and any change to the Shyam Metalics and Energy share price target on the Univest Screener and the Univest App. Download the Univest iOS App or Univest Android App for research from SEBI-registered analysts.

What are Shyam Metalics and Energy's 52-week high and low?

Ans. Shyam Metalics and Energy's 52-week high is Rs 1,148.00 and its 52-week low is Rs 746.00, based on weekly NSE data. At Rs 1,054.00 the stock is 8.2 percent below the high and 41.3 percent above the low. Both levels frame the Shyam Metalics and Energy share price target.

How to buy Shyam Metalics and Energy shares?

Ans. Open a demat account with a SEBI-registered broker such as Univest, search for SHYAMMETL on the NSE or 543299 on the BSE, and place a limit order near your entry price, using the Shyam Metalics and Energy share price target range as a guide. Size the position so a fall to Rs 532 is bearable, and check the live price on the Univest Screener first.