SHYAMMETALICSANDENERGY / Q4-FY26 / risks

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Shyam Metalics and · Material risks, their source context, and severity in the latest available quarter.

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PositiveQ4-FY26 · 2026-05-14Back to quarter ↗

Risk intelligence

Material risks this quarter

Global steel price volatility

Geopolitical tensions and trade actions could lead to price pressure and volatility in steel markets, impacting realizations.

high

Nickel sourcing challenges

Nickel prices have risen ~20% due to Indonesia supply cuts, posing cost risks for stainless steel production, though 75% of portfolio is low-nickel.

medium

ED case on coal allocation

An ongoing ED investigation related to coal allocation could lead to legal or reputational risks, though management downplays it.

low

Pollution control board non-compliance

Central Pollution Control Board identified non-compliance issues; management expects resolution within 3 months.

low