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 ₹37,610 crore.
What happened
Shyam Metalics and Energy (BSE: SHYAMMETL) informed the stock exchanges on 9 November 2026 at 08:54 AM that CRISIL has reaffirmed its credit rating at CRISIL AA+, covering facilities or instruments of about ₹4,500 crore.
From the filing: "we are please to inform you that the Company has issued a Press Release titled "Shyam Metalics Reaffirms Credit Ratings of 'CRISIL AA+/Stable' and 'CRISIL A1+';"
Company snapshot
Shyam Metalics and Energy is a mid-cap company in the Capital Goods sector, with a market value of about ₹37,610 crore.
The stock last traded at ₹1,347.4, against a 52-week range of ₹746–₹1,305 (3.3% above the high).
Before this filing the shares had moved +21.9% over the month and +29.2% over three months. Average daily turnover over the last 20 sessions was about ₹59.38 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
BCEIE's records show 2 previous credit rating filings from the company since May 2026.
Across 97 similar disclosures by other Capital Goods companies, shares moved +0.3% on average the next day and +0.1% over five days; 47% of them rose the next day.
Market-wide, 1,429 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 and Energy Ltd (BOM:543299) (Q2 2027) Earnings Call Highlights: Profit Nearly ...
- Shyam Metalics and Energy Limited Appoints Anindya Mukherjee as Chief – Strategy and Business Excellence
- Shyam Metalics and Energy Limited Q2 FY27 Results Due Today
- Shyam Metalics Pig Iron volumes surge 135% in May sales
- Shyam Metalics October business update: Stainless steel volumes rise 20.4%, realisations up 42.09% - CNBC TV18
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.