Shyam Metalics and Energy Limited

13%

Siding Strategically located plants with Proximity to Mineral Belts, National Highways and Ports 13% Revenue growth in Q3 FY25 vs Q3 FY24 PAT Positive since commencement of operations in 2005 Cash

Rs. 768 crore

Y25 vs Q3 FY24 PAT Positive since commencement of operations in 2005 Cash positive in Q3 FY25 at Rs. 768 crores 15.13 MTPA ~82% of power Combined Production Capacity sourced from Captive in Q3 FY25 82% o

15.13 MT

PAT Positive since commencement of operations in 2005 Cash positive in Q3 FY25 at Rs. 768 crores 15.13 MTPA ~82% of power Combined Production Capacity sourced from Captive in Q3 FY25 82% of power sou

82%

since commencement of operations in 2005 Cash positive in Q3 FY25 at Rs. 768 crores 15.13 MTPA ~82% of power Combined Production Capacity sourced from Captive in Q3 FY25 82% of power sourced fro

Rs. 2.46

tion Capacity sourced from Captive in Q3 FY25 82% of power sourced from Captive Power Plants at Rs. 2.46/Kwh in Q3 FY25, while Avg Power costs including Grid Power at Rs. 3.03/Kwh Promoters with decades

Rs. 3.03

om Captive Power Plants at Rs. 2.46/Kwh in Q3 FY25, while Avg Power costs including Grid Power at Rs. 3.03/Kwh Promoters with decades of experience in the Metal Industry along with experienced Management

rs,

ting, human resources and corporate affairs. o Holds a bachelor’s degree in commerce, with honours, from University of Kolkata with over 18 years of vast experience in the steel & ferro alloys indu

Rs. 5,873 crore

last decade 6 Key Updates for Q3 FY25 Capex & Operational Update • Capex incurred till 9M FY25: Rs. 5,873 crores which accounts for 59% of the total CAPEX Envisaged i.e., Rs. 10,025 crores out of which Rs. 4,3

59%

Y25 Capex & Operational Update • Capex incurred till 9M FY25: Rs. 5,873 crores which accounts for 59% of the total CAPEX Envisaged i.e., Rs. 10,025 crores out of which Rs. 4,347 crores have been capi

Rs. 10,025 crore

x incurred till 9M FY25: Rs. 5,873 crores which accounts for 59% of the total CAPEX Envisaged i.e., Rs. 10,025 crores out of which Rs. 4,347 crores have been capitalized • Procured 17 rakes under Own your wagon sc

Rs. 4,347 crore

3 crores which accounts for 59% of the total CAPEX Envisaged i.e., Rs. 10,025 crores out of which Rs. 4,347 crores have been capitalized • Procured 17 rakes under Own your wagon scheme from Indian Railways with a

Rs. 431 crore

talized • Procured 17 rakes under Own your wagon scheme from Indian Railways with an investment of Rs. 431 crore, gaining 10% rebate on railway freight Financial Performance • Q3 FY25: Revenue: Rs. 3,753 cr,

“700 cr Largest Exporter of Aluminium Foil from India 12 Business Update: Greenfield Expansion - Cold Rolling Mill Greenfield project for a cold rolling mill spread over 55 acres of land at Jamuria, West Bengal Project approved under the PLI scheme Products will include GI/GL coils and PPGL (Pre-Painted Galvalume Coils) The business has been setup under the wholly owned subsidiary- Shyam Metalics Flat Products Pvt Ltd.”

“328 Cr for Deferred Tax Asset and reversal of Income Tax provision on account of brought forward losses arising on acquisition of Mittal Corp Ltd Y-o-Y 14.7% 12.8% 19.7% 45.1% -14.9% 24 Q3 FY25 Performance Highlights Rs.”

“Cr) 1,689 1,518 1,794 1,543 1,578 1,277 1,056 657 FY21 FY22 FY23 FY24 H1 FY25 824 251 FY21 FY22 FY23 FY24 H1 FY25 Cash & Cash Equivalents (Rs.”

“Cr) CAPEX as % of Cashflow from Operations 2,092 2,165 102% 88% 76% 125% 1,541 1,262 486 FY21 FY22 FY23 FY24 H1 FY25 24% FY21 FY22 FY23 FY24 H1 FY25 The company is cash positive even at peak CAPEX cycle 30 Consistent EBITDA Track Record EBITDA* (Rs.”

“Note - *including other income 31 Enhancing Shareholder’s Value Dividend Payout (%) 14% 11% 12% 11% 5% FY21 FY22 FY23 FY24 9M FY25 Particulars (in Rs Cr) Net Profit Dividend FY21 844 43 FY22 1,724 184 FY23 843 114 FY24 1,029 122 9M FY25 689 63 The Company has paid post IPO dividend amounting to Rs.”

Stainless Steel

2

Aluminium

2

Ore Mine

1

Objectives for Expansion

1

Carbon Steel

1

Ore Mine

Maharashtra Railway siding 377 MW CPP Renewables – Captive Solar Energy Plant Aluminium Mill with Caster Current Portfolio Downstream Products Multiple Sale Points across the Value Chain Greater Control on Operating Margins Flexibility to alter Product Mix Focus on Quality Intermediates Ferro Alloys Finished Steel Stainless Steel Aluminium Foil Pellets, Billets, Sponge Iron, Coke Oven, Pig Iron Billet- Hot Flat Product, Billet- Parallel Flange Ferro chrome, Low Carbon Ferro Chrome, Ferro Manganese, Silico Manganese Angles, Channels, TMT, Beam, Wire rod & Structurals, Color Coated Sheets Billet SS Aluminum Flat Rolled Products Battery foil Upcoming Projects CRM Stainless Stainless Steel Ductile Iron Pipes

Objectives for Expansion

Hot Flat Products Parallel Flange Beam Steel Wire Drawing Stainless Steel Bright Bars Stainless Steel Wire Rods ✓ Foray into Newer Segments ✓ Increase Backward Integration ✓ Utilize cash generated from operations for growth 8 Expansion with strong focus on value added products Capacity (MTPA) FY21 FY22 FY23 FY24 Q3 FY25 Post Expansion Capacity (MTPA) Q3 FY25 Post Expansion Integration has enabled greater control on the operating margins Iron Pellet 2.40 3.60 4.80 6.00 6.00 Sponge Iron 1.39 2.11 2.54 2.90 3.05 Billets 0.89 0.94 1.69 2.01 2.01 6.00 4.10 2.41 TMT, Structural Steel, Wire Rods & Pipes Speciality Alloys Captive Power (MW) Renewable Power (MW) Stainless Steel Billet Stainless Steel Finished Steel Aluminium Foil 0.82 0.90 1.97 2.07 2.07 2.07 0.21 0.21 0.22 0.22 0.22 0.24 227 267 267 357 377 5 - - - 5 - - 9 - - 0.04 0.04 9 9 0.12 0.15 0.04 0.12 0.15 0.04 597 109 0.75 0.85 0.06 Beneficiation - Coke Oven 0.45 3.0 0.7 Pig Iron* 0.77 1.22 Ductile Iron Pipes Parallel Flange Beam Col

Stainless Steel

Billet Stainless Steel Billet Slabs for Flat products Hot flat products CRM Stainless Steel Stainless Steel Bright Bars Stainless Steel Wire Rods Total Stainless Steel (B) Ferro Alloys (C)

Aluminium

Aluminium Mill with Caster Battery foil plant Aluminium Flat Rolled Product Aluminium Foil Total Aluminium (D) Total (E) = (B+C+D) Total (A+E) Capacities to be Commissioned (Million MTPA) Budgeted Capex (Rs Cr) Capex incurred till 31st December (Rs Cr) Pending Capex (Rs Cr) 0.13 0.5 0.5 0.2 0.018 0.025 1.373 0.024 0.01 0.005 0.06 0.018 0.093 130 200 550 150 70 40 1,140 60 75 25 450 250 800 2,000 5,899 65 19 14 - 36 28 163 48 1 12 27 26 66 277 1,395 65 181 536 150 34 12 977 12 74 13 423 224 734 1,723 4,504 Note - Out of the above, contribution of Rs. 525 cr is on account of Joint Venture partner in RIL 16 Synopsis of CAPEX & growth - Carbon Steel Particulars Products Existing Capacity (in MMTPA) Capacity Post- Expansion (in MMTPA) Increase by Present Sales in Volume (MMTPA) FY24 Expected Sales in Volume (MMTPA) FY27E Growth

Carbon Steel

Intermediate Products Pellet Sponge Iron Pig Iron Billets Total (a+b+c) a. b. c. Finished Steel Long Steel Products Flat Steel Products Total Speciality Alloys Power (MW) 6.00 3.05 0.77 2.00 5.82 2.07 0.25 2.32 0.22 377 6.00 4.10 1.22 2.40 7.72 3.16 0.40 3.56 0.24 697 33% 53% 9% 85% 1.03 0.87 0.00 0.15 1.02 1.32 - 1.32 0.18 1.20 1.50 0.01 0.00 1.51 2.68 0.34 3.02 0.09 Projects coming up which are both forward and backward integrated and shall be both value and margin accretive for the company 48% 129% -49% 17 Synopsis of CAPEX & growth - Stainless Steel & Aluminium Particulars Products Existing Capacity (in MMTPA) Capacity Post- Expansion (in MMTPA) Increase by Present Sales in Volume (MMTPA) FY24 Expected Sales in Volume (MMTPA) FY27E

Aluminium

Intermediate Products Finished Products SS Flat Products Total Flat Rolled Products (Metric TPA) Aluminium Foil (Metric TPA) Battery Foil 0.15 0.0 0.15 - 24,000 Total 24,000 0.75 0.20 0.50 0.70 525% 367% 60,000 - 0.05 0.05 0.05 - Growth - 1200% - 0.17 0.48 0.65 21,000 100% 43,000 5,000 48,000 16,602 40,000 100% 16,602 40,000 141% Projects coming up which are both forward and backward integrated and shall be both value and margin accretive for the company 18 Current Capacities Across Carbon Steel Life Cycle Iron Making DRI 3.05 MTPA (Direct Reduced Iron) Liquid Steel SMS 2.01 MTPA (Steel Melting Shop) Finished Steel 2.32 MTPA Wire Rod & Wire Draw Mill (WRM) 0.92 MTPA Color Coated Sheets 0.25 MTPA TMT 0.92 MTPA Structurals 0.20 MTPA Pipe Mill 0.03 MTPA 19 Higher Contribution of Finished Steel Products Revenue Mix 84% 47% 37% 83% 45% 38% 85% 48% 37% 16% 17% 15% 79% 48% 31% 75% 51% 24% 13% 4% 4% 13% 7% 5% FY21 FY22 FY23 FY24 9M FY25 Intermediates Finished Steel Speciality Alloys Stainless