Shyam Metalics Share Price Target 2024, 2025, 2026, 2027, 2030. Look At The Highest Price Rate

Hello friends, If you thinking about which share is good to invest in right now, then you should know about Shyam Metalics Share Price Target. Today in our blog we will fully discuss Shyam Metalics Share Price Target from 2024 to 2030. We did the research and took advice from experts to make this blog about the company’s growth, the company’s performance, etc.

Shyam Metalics Share Price Target is a trading share in the share market. In this article, we will discuss the company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price every year. We use expert data and analysis to explain Shyam Metalics Share Price Target clearly. This article may be helpful to those who want to invest in this share right now. Let’s look at Shyam Metalics Share Price Target 2024 to 2030.

What Is Shyam Metalics and Energy Ltd Company?

Shyam Metalics is an Indian metal-producing company. The company was established in 1991 and its headquarters is situated in Kolkata, India. The main products of the company are steel, ferroalloys, sponge iron, pipes, pellets, TMT, and billet etc.

Overview Of Shyam Metalics Company

Shyam Metalics Company’s main motive is to produce long steel products and ferroalloys and the company is the largest producer of ferroalloys with a big installed capacity. The company holds the fourth-largest position in the production of the sponge iron industry and is one of the biggest companies in pellet production. The company’s manufacturing plants can install Metal 13 MTPA as of the 31st of August 2023.

In recent times the Shyam Metalics Company has operated 3 manufacturing plants one in Odisha and the other 2 is situated in Jamuria and Mangalpur in West Bengal. The company’s manufacturing plants also have power plants with an installed capacity of 118 MW as per a report on 31st December 2020. The company’s most famous product TMT bars is famous at the pan-India level. For the most demanding products of the company, the sales rate of the company has increased up to 35%, and with the company’s growth, Shyam Metalics Share Price Target also increases.

Financial Data Analysis Of Shyam Metalics Company

Before investing any share anyone wants to see the company’s performance, overall profit, and net sales amount. We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the below portion, we discuss the performance of the company. Shyam Metalics Share Price Target also depended upon the ratio which is described below.

PE Ratio (Price To Earning Ratio)

PE Ratio is calculated by Market price per share Earning price per share. It means the number of times an investor is ready to pay as compared to earnings time. Shyam Metalics Company has a PE ratio of 54.00, which is high.

Return on Assets (ROA)

ROA is calculated by Profit After tax ÷ Total Assets. ROA is influenced by 2 factors return on sales and asset turnover. Shyam Metalics Company has a ROA of 5.84%, which is not so high.

Current Ratio

The current Ratio is calculated by Current Assets ÷ Current Liabilities. Shyam Metalics Company has a current ratio of 1.55.

Return On Equity (ROE)

ROE is measured by = Net profit ÷ Average Share holding equity. Shyam Metalics Company has an ROE of 7.98%, which should be high.

Also Read- Vibhor Steel Tubes Share Price Target

Shyam Metalics Share Price Target 2024, 2025, 2027, 2030

Shyam Metalics Share Price Target is a bullish trend in the share market. The share was enlisted under BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) in the year 2021, 24th June. Before 6 months (29.09.2023) the share price increase rate was ₹441.4 (39.9%) before 1 year (29.12.2023) the share price rate was ₹627.8 (136.4%), before 3 years the share price rate was ₹378.1 (20.03%).

Being the metal manufacturing Company always runs to good profit and Shyam Metalics Share Price Target always gives good returns to investors. Last month Shyam Metalics Share Price Target hit a lower circuit but last 1 week the share price started to increase. If anyone wants to invest on a long-term basis the share will be beneficial.

Shyam Metalics Share Price Target 2024

In the year 2002, the company started to produce the 1st Sponge Iron Plant with 0.06 MTPA Capacity in Mangalpur, In the year 2013 Jamuria Plant the company started to produce commercial products Iron Pellets, Billets, and Spong Iron with 0.59 MTPA. In the year 2014, the company started to manufacture Railway Siding in Jamuria Plant. There are few metal manufacturing Industries in India Shyam Metalics is one of those companies.

In the last year, the company’s sales growth was 35% and in the last 3 years, the company’s sales growth was 45%. Net sales amount in 2022, March was ₹4012.23 Crore, and in 2023, March the amount became ₹6123.23 Crore. If we look at the forecast share price target Shyam Metalics Share Price Target 2024 the 1st Price Target is ₹640 and the 2nd Price Target is ₹835.

Shyam Metalics Share Price Target 2025

The total income amount of Shyam Metalics Company was ₹10525.69 Crore in the financial year 2022, as of the year ending 31st March, in the financial year 2021, 31st March the amount was ₹6524.89 Crore. Shyam Metalics Company also proposed to further invest of ₹8000 Crore over the next 5 years. The company also plans to grow ₹10000 Crore within the last 5 years. In the 3 manufacturing plants, the company has more than 15000 employees.

The company’s TMT and Structural products are sold under the”SEL Tiger” brand. The company has a plan for further diversification of its product portfolio by entering the product segments of Pig Iron, Aluminium Foil, and Ductile Iron Pipes. The products of the company are highly demanding for its unique design and changing capacity according to favorable market conditions. If we look at the share price target forecast for Shyam Metalics Share Price Target 2025, 1st Price Target is ₹930 and the 2nd Price Target is ₹1120.

Shyam Metalics Share Price Target 2026

Shyam Metalics Company also looking to expand its production capacity from 8.80 million tonnes per annum to 14.50 million tonnes per annum. The company is one of the largest coal-fired sponge Iron producers in our country. India will play an important role in the supply of ferroalloy and steel in the world.

The company has a small amount of debt and the interest cover ratio of the company is 8.59% that means if the company gains some debt amount then the company will be able to release the amount with a good interest cover ratio. If we look at the share price forecast Shyam Metalics Share Price Target 2026 1st Price Target is ₹1335 and the 2nd Price Target is ₹1460.

Shyam Metalics Share Price Target 2027

The net profit amount of the company also increased, in the financial year 2021 the profit amount was ₹844.23 Crore and in the year 2022 the amount became ₹1820.23 Crore. Last 3 years profit growth is 42%. The last 3 years’ revenue growth of the company is 44% which is a very positive sign for the company’s growth.

The company also commits to increasing capital amount and distributing the right capital amount for the right time of production, enlarging the net production amount, and leveraging its expertise to achieve steady growth. The company also plans to invest ₹4,000 Crore to expand production capacity. If the company can maintain the company’s growth at the end of 2027 Shayam Metalics Share Price Target will reach a high position. The 1st Price Target for Shyam Metalics Share Price Target 2027 is ₹1555 and the 2nd Price Target is ₹1660.

Also Read- Whirlpool Share Price Target

Shyam Metalics Share Price Target 2030

As a reputed company, Shyam Metalics Company has a good promoter holding capacity which is 74.12% in January 2024. That means many good investors always want to invest in this share. The company also exports its products outside of India to the USA through its exporting team to expand the business. To expand the products in the global market the company always maintains high-quality products.

Shyam Metalics Company also decided to invest ₹7,500 Crore to expand the stainless steel business within the next 4 to 5 years. All the share price forecasts depend upon favorable market conditions, good production quality, and good financial growth of the company. Increasing the demand for steel and other metals is very forward for the metal industry.

Recently time Shyam Metalics Company focused on progressive integration and capacity growth in the production of products which is expected to continue the company’s growth till the year 2030. If we look at the forecast share price target Shyam Metalics Share Price Target 2030 the 1st Price Target is ₹2450 and the 2nd Price Rate is ₹2590.

How To Purchase Shyam Metalics Share?

The most common trading platform for purchasing the Shyam Metalics Share is described below.

• Zerodha
• Upstox
• Groww
• Angelone

Peer’s Company Of Shyam Metalics

• NMDC Steel
• Jindal Saw
• Jindal (Hisar)

Investors types and ratio of Shyam Metalics Company

There are mainly four Types of Investors in Shyam Metalics Company. Depending upon the ratios the company’s growth also depended.

Promoters Holding

Promoters Holding means how much capital is invested by company promoters (owner of the company) through overall capital. Shyam Metalics Company’s promoter holding capacity is 82.63%.

Public Holding

Public Investors an individuals who invest in the public market for profit in the future (large and small companies). Shyam Metalics Company’s Public Holding capacity is 12.16%.

FII (Foreign Institutional Investors)

Foreign Institutional Investors are those big companies that invest in different countries company. For Shyam Metalics Company FII is 1.92%.

DII (Domestic Institutional Investors)

Domestic Institutional Investors (like Insurance, companies mutual funds) who invest in their own country. For Shyam Metalics Company DII is 3.29%.

Advantages and Disadvantages Of Shyam Metalics Share

Every share has some advantages and some disadvantages also. So, Shyam Metalics Share also has some advantages and disadvantages which are described below.

Advantages

• The Company is increased with low debt which is very good for the company’s growth.
• The Company is growing with zero promoter pledges which is good for the company’s growth.
• The company has an efficient cash conversation cycle of 22.89 days.
• The company is growing with 42% profit growth which is good for the company’s growth.

Disadvantages

• The company’s net profit rate is declining with a falling profit margin.
• The company depends upon third-party suppliers for raw materials.

Also Read- Grasim Share Price Target

FAQ

Conclusion

Hopefully, www.sharetargethub.com will help you gain some basic ideas about Shyam Metalics Share Price Target. By doing the research and taking advice from expertise we ensure that on a long-term basis, Shyam Metalics Share Price Target may reach a very high position. Shyam Metalics Company is related to the metal-producing sector. So the demand for this sector also increases which helps the share to gain profit in the future.

If you think this website will be helpful for you then you can share it. If you have any questions please let us know through the comment box we will try to reply to your questions and solve your problem. Thanks for visiting this website and thanks for being with us.

Disclaimer – We are not SEBI-registered advisors. A financial market is always risky to anyone. This website is only for training and educational purposes. So before investing, we are requested to discuss certified expertise. We will not be responsible for anyone’s profit or loss.