Shyam Metalics’ aluminium foil sales rise 21% Y-o-Y in June as realisations jump 39%

Shyam Metalics and Energy Limited recorded a sharp year-on-year increase in aluminium foil sales and realisations in June 2026, while its quarterly foil volumes remained broadly stable compared with the preceding quarter.

The company sold 2,151 tonnes of aluminium foil during June 2026, up 20.68 per cent from 1,783 tonnes in the corresponding month of the previous year. The average realisation from the segment climbed 39.32 per cent year-on-year to INR 503,400 (USD 5,304.51) per tonne from INR 361,335 (3,807.52) per tonne.

The month-on-month numbers also moved higher. Aluminium foil sales rose 37.07 per cent from 1,570 tonnes in May 2026, while average realisation increased 1.64 per cent from INR 495,275 (USD 5,218.89) per tonne.

For the first quarter of FY27, aluminium foil sales stood at 5,606 tonnes, marginally higher by 0.86 per cent compared with 5,558 tonnes in Q4 FY26. Average realisation, however, increased 18.65 per cent sequentially, reaching INR 483,467 (USD 5,094.47) per tonne from INR 407,461 (USD 4,293.57) per tonne.

Stainless steel sales also gain momentum in June

Alongside the aluminium foil business, Shyam Metalics reported higher year-on-year sales from its stainless steel operations during June. Sales volume reached 7,942 tonnes, representing a 40.21 per cent increase from 5,665 tonnes in June of the previous financial year.

Average stainless steel realisation rose 23.15 per cent year-on-year to INR 176,588 (USD 1,860.77) per tonne from INR 143,394 (USD 1,511) per tonne.

Compared with May 2026, stainless steel sales increased 7.81 per cent from 7,367 tonnes, although average realisation declined 2.63 per cent from INR 181,356 (USD 1,911.01) per tonne.

The quarterly comparison presented a different volume trend. Stainless steel sales stood at 23,237 tonnes in Q1 FY27, down 14.84 per cent from 27,287 tonnes in Q4 FY26. Average realisation nevertheless rose 18.04 per cent sequentially to INR 175,925 (1,853.79) per tonne.

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Wider portfolio records volume increases across several segments

The June sales update also showed higher volumes across several of the company’s other product categories. Pig iron sales reached 95,508 tonnes during the month, rising 156.52 per cent year-on-year, while pellet sales increased 92.26 per cent to 155,563 tonnes.

CR coil and CR sheet sales rose 53.46 per cent year-on-year to 18,293 tonnes in June, while carbon steel volumes increased 16.53 per cent to 148,711 tonnes. Speciality alloy sales were nearly unchanged from the previous year, increasing 0.75 per cent to 16,888 tonnes.

The company’s sales release linked its higher pig iron output to additional blast furnace capacity. A 0.77 million tonnes per annum blast furnace at Jamuria was commissioned in November 2024, followed by a 0.45 million tonnes per annum blast furnace at the Ramsarup facility in December 2025. The company also commissioned the 0.15 million tonnes per annum Phase II of its colour-coated steel plant at Jamuria in April 2026, taking the facility’s total capacity to 0.40 million tonnes per annum.

The latest operational update covers the month and quarter ended June 30, 2026. The company is scheduled to consider its unaudited standalone and consolidated financial results for Q1 FY27 on July 20, 2026, along with a proposal for a first interim dividend and potential fundraising.