Shyam Metalics Expected to Report 47.8% Year-Over-Year Increase in Q4 Profit After Tax of Rs. 325.4 Crore: ICICI Securities
ICICI Securities Releases Q4 Earnings Estimates for Metal & Mining Sector
ICICI Securities has released its fourth quarter earnings estimates for the Metal & Mining sector. According to the brokerage house, Shyam Metalics is expected to report a significant increase in net profit, with an estimated Rs. 325.4 crore, a year-over-year growth of 47.8 percent.
The brokerage house also forecasts a substantial rise in net sales for Shyam Metalics. Net sales are expected to increase by 27.5 percent year-over-year to Rs. 5,277.5 crore.
Additionally, ICICI Securities estimates a notable increase in earnings before interest, tax, depreciation, and amortisation (EBITDA) for Shyam Metalics. EBITDA is likely to rise by 28.1 percent year-over-year to Rs. 659.7 crore, while also showing a quarter-over-quarter growth of 35.4 percent.
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
| Metric | Q4 FY26 Estimate | Q4 FY26 Change | Q3 FY26 Change |
|---|---|---|---|
| Net Profit | Rs. 325.4 crore | 47.8% Y-o-Y | 64.7% Q-o-Q |
| Net Sales | Rs. 5,277.5 crore | 27.5% Y-o-Y | 19.4% Q-o-Q |
| EBITDA | Rs. 659.7 crore | 28.1% Y-o-Y | 35.4% Q-o-Q |
Note: Y-o-Y refers to year-over-year and Q-o-Q refers to quarter-over-quarter.
Investor Takeaway
Investors should expect a 47.8% year-over-year increase in Shyam Metalics' Q4 profit after tax.
More in Economy
Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
MoSPI Releases Uniform Norms for DDP Estimates with 2022-23 Base Year
