CRISIL reaffirms Shyam Metalics and Energy at CRISIL AA+
Shyam Metalics and Energy (BSE: SHYAMMETL) said CRISIL has reaffirmed its credit rating at CRISIL AA+, covering facilities or instruments of about ₹4,500 crore. The company is valued at about ₹35,084 crore.
What happened
Shyam Metalics and Energy (BSE: SHYAMMETL) informed the stock exchanges on 6 November 2026 at 12:35 PM that CRISIL has reaffirmed its credit rating at CRISIL AA+, covering facilities or instruments of about ₹4,500 crore.
From the filing: "We are enclosing herewith rationale given by CRISIL for re-affirmation of the credit rating, wherein Long-term rating re-affirmed to 'CRISIL AA+' with 'Stable' Outlook."
Company snapshot
Shyam Metalics and Energy is a mid-cap company in the Capital Goods sector, with a market value of about ₹35,084 crore.
The stock last traded at ₹1,256.9, against a 52-week range of ₹746–₹1,257 (0.0% below the high).
Before this filing the shares had moved +20.7% over the month and +19.6% over three months. Average daily turnover over the last 20 sessions was about ₹52.63 crore.
Promoters held 74.59% at the end of Q2 FY27. Foreign institutions owned 5.29% and domestic institutions 11.15%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 4,457 | -1.3 | 9.36 |
| Q3 FY26 | 4,421 | 197.2 | 7.1 |
| Q4 FY26 | 5,240 | 319.1 | 11.2 |
| Q1 FY27 | 5,455 | 345.1 | 12.6 |
| Q2 FY27 | 5,960 | 511 | 18.39 |
What history shows
This is not the company's first credit rating disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.
Across 95 similar disclosures by other Capital Goods companies, shares moved +0.2% on average the next day and +0.1% over five days; 46% of them rose the next day.
Market-wide, 1,413 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
- Shyam Metalics subsidiary gets NCLT nod for merger of aluminium foil unit
- SHYAMMETL Share Price Today - Shyam Metalics & Energy on NSE/BSE
- Shyam Metalics and Energy Limited Appoints Anindya Mukherjee as Chief – Strategy and Business Excellence
- Shyam Metalics and Energy Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2026
- Shyam Metalics Reports 96.2% Growth in Net Profit in Q2 FY27
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.