Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹100 Cr.
Stock P/E
-10.9
P/B
—
Current Price
₹4.7
Book Value
₹ 0
Face Value
1
52W High
₹7.9
52W Low
₹ 3.5
Dividend Yield
0%

Shyam CenturyFerrous Overview

Business

Shyam Century Ferrous Ltd. is an Indian company primarily engaged in the manufacturing and sale of ferro alloys, specifically Ferro Manganese and Silica Manganese. These products are crucial intermediate materials used in the production of steel, acting as deoxidizers, desulfurizers, and alloying agents to impart strength, durability, and other desirable properties to steel. The company's core business model involves sourcing raw materials like manganese ore, iron ore, and power, processing them through energy-intensive furnaces to produce ferroalloys, and then selling these products primarily to steel manufacturers. Its revenue is generated directly from the sales of these ferro and silica manganese products.

Revenue Mix

The company's primary business focus, as indicated by its sector and industry, is on the production and sale of Ferro Manganese and Silica Manganese. While specific revenue contributions for each are not publicly detailed, these two product categories represent the entirety of its core operations and revenue generation.

Industry

Shyam Century Ferrous Ltd. operates in the Indian ferroalloys industry, which is a commodity-driven and cyclical sector, heavily reliant on the health and growth of the steel industry. The industry structure involves numerous domestic players as well as competition from imports. Key factors for competition include cost efficiency (driven by access to raw materials, power, and logistical advantages), product quality, and established customer relationships with steel mills. Shyam Century Ferrous Ltd. positions itself as a manufacturer within this competitive landscape, aiming to serve the demand from India's burgeoning steel sector. Its specific market share or ranking among peers is not specified, but it operates within a segment where operational excellence and cost management are crucial differentiators.

MOAT

As a producer in a commodity sector like ferroalloys, Shyam Century Ferrous Ltd. inherently faces challenges in establishing strong, durable competitive advantages. Potential moats could include:

Cost Leadership: Achieved through efficient operations, captive power generation (if applicable), proximity to raw material sources (manganese ore), or highly optimized production processes.

Established Customer Relationships: Long-term supply agreements or strong relationships with key steel manufacturers can provide some stability.

Operational Scale/Integration: While not explicitly stated, larger scale or a degree of backward integration (e.g., in power) could offer cost advantages.

However, the commodity nature of its products means pricing power is limited, and competitive pressure is consistently high from both domestic and international players.

Growth Drivers

Steel Sector Growth: The primary driver for ferroalloys demand is the growth of the steel industry, particularly in India due to infrastructure development, urbanization, and manufacturing expansion.

Government Initiatives: "Make in India" and infrastructure spending initiatives by the Indian government directly stimulate steel production, thus boosting demand for ferroalloys.

Capacity Expansion/Modernization: Any planned capacity expansion or technological upgrades by the company to improve efficiency and output could drive growth.

Export Opportunities: Tapping into international markets could diversify revenue streams and provide growth, subject to global demand and trade policies.

Operational Efficiencies: Continuous efforts to reduce power consumption, optimize raw material usage, and improve logistics can enhance profitability and support expansion.

Risks

Commodity Price Volatility: Fluctuations in the prices of key raw materials (manganese ore, coke, power) and finished products (ferro and silica manganese) directly impact profitability.

Cyclicality of the Steel Industry: Demand for ferroalloys is highly correlated with the cyclical nature of the global and domestic steel industry, leading to revenue and profit variability.

Regulatory and Environmental Risks: Stringent environmental regulations and compliance costs, as well as changes in mining or import/export policies, can affect operations.

Intense Competition: The presence of numerous domestic and international players can lead to price wars and pressure on margins.

Energy Costs: Ferroalloy production is energy-intensive, making the company susceptible to increases in power tariffs or fuel costs.

Foreign Exchange Fluctuations: If the company imports raw materials or exports finished goods, adverse currency movements can impact costs and revenues.

Management & Ownership

Shyam Century Ferrous Ltd. is typically a promoter-driven company, common in the Indian business landscape. While specific details on the current management quality are not provided, such structures often benefit from long-term vision and commitment but can also concentrate decision-making. The ownership structure generally involves significant holdings by the promoter group, alongside public shareholders and potentially institutional investors. The strength of management lies in navigating the cyclical nature of the commodity business, managing input costs, and maintaining customer relationships.

Outlook

The outlook for Shyam Century Ferrous Ltd. presents a balanced view. On the positive side, India's robust economic growth, driven by massive infrastructure development and a growing manufacturing sector, is expected to fuel strong demand for steel, thereby providing a favorable long-term demand environment for ferroalloys. Companies with operational efficiencies, integrated facilities, and strong customer ties could benefit significantly. However, the company operates in a highly cyclical, capital-intensive, and commodity-driven business. Profitability remains vulnerable to volatile raw material and finished product prices, intense competition, and regulatory changes. Success will largely depend on the management's ability to maintain cost competitiveness, adapt to market dynamics, and efficiently manage its supply chain in a fluctuating global and domestic economic environment.

Shyam CenturyFerrous Share Price

Live · BSE / NSE · Inception: 2011
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Shyam CenturyFerrous Quarterly Results

#(Fig in Cr.) Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
Net Sales 28 39 28 13 25 16 33 18 35 36
Other Income 1 0 0 0 1 0 0 0 0 0
Total Income 29 39 29 14 25 16 34 18 35 36
Total Expenditure 26 32 28 15 27 17 28 14 32 33
Operating Profit 2 7 0 -2 -2 -0 6 3 3 3
Interest 0 0 1 0 0 0 0 0 0 0
Depreciation 1 1 1 1 1 1 1 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 6 -1 -3 -2 -1 6 3 2 2
Provision for Tax -0 2 -0 -1 -1 -0 1 1 0 1
Profit After Tax 1 4 -1 -2 -2 -1 4 2 1 2
Adjustments 2 1 2 0 1 0 1 1 1 2
Profit After Adjustments 3 6 1 -2 -1 -1 5 3 3 4
Adjusted Earnings Per Share 0.1 0.3 0.1 -0.1 -0 -0 0.2 0.1 0.1 0.2

Shyam CenturyFerrous Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
Net Sales 116 114 91 124 133 87 122
Other Income 0 0 0 1 1 2 0
Total Income 116 114 91 125 134 89 123
Total Expenditure 99 106 80 105 116 87 107
Operating Profit 17 8 11 20 19 3 15
Interest 3 3 1 2 1 0 0
Depreciation 5 3 2 2 3 2 1
Exceptional Income / Expenses -0 0 0 0 0 0 0
Profit Before Tax 9 2 8 16 15 -0 13
Provision for Tax 3 1 3 6 4 -0 3
Profit After Tax 5 1 5 10 10 -0 9
Adjustments 3 5 6 6 6 2 5
Profit After Adjustments 8 6 12 16 17 2 15
Adjusted Earnings Per Share 0 0.3 0.5 0.7 0.8 0.1 0.6

Shyam CenturyFerrous Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Shareholder's Funds 102 109 117 133 150 152
Minority's Interest 0 0 0 0 0 0
Borrowings 6 1 0 3 2 1
Other Non-Current Liabilities 1 1 6 7 17 2
Total Current Liabilities 37 33 52 42 15 13
Total Liabilities 147 144 176 184 183 168
Fixed Assets 25 22 20 22 20 18
Other Non-Current Assets 59 68 83 84 96 81
Total Current Assets 62 54 73 78 68 69
Total Assets 147 144 176 184 183 168

Shyam CenturyFerrous Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Opening Cash & Cash Equivalents 0 3 5 2 2 10
Cash Flow from Operating Activities 3 16 -11 18 25 -8
Cash Flow from Investing Activities 0 -0 -0 -4 -1 2
Cash Flow from Financing Activities 1 -14 9 -14 -15 -2
Net Cash Inflow / Outflow 3 2 -3 -1 8 -8
Closing Cash & Cash Equivalent 3 5 2 2 10 2

Shyam CenturyFerrous Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Earnings Per Share (Rs) 0 0.29 0.52 0.72 0.75 0.08
CEPS(Rs) 199.24 0.18 0.34 0.58 0.6 0.1
DPS(Rs) 0 0 0 0 0 0
Book NAV/Share(Rs) 0 4.9 5.27 5.99 6.74 6.82
Core EBITDA Margin(%) 14.44 6.49 12.05 15.14 13.3 0.79
EBIT Margin(%) 10.28 3.96 10.01 14.27 12.07 0.32
Pre Tax Margin(%) 7.45 1.38 8.8 12.88 11.1 -0.14
PAT Margin (%) 4.5 0.93 5.86 8.42 7.86 -0.04
Cash Profit Margin (%) 8.42 3.48 8.18 10.44 9.93 2.59
ROA(%) 3.63 0.74 3.39 5.8 5.71 -0.02
ROE(%) 6.63 1.14 4.8 8.35 7.41 -0.02
ROCE(%) 9.08 3.47 6.7 11.89 10.61 0.18
Receivable days 37.86 41.52 80.64 88.22 83.45 138.79
Inventory Days 110.62 94.06 107.92 86.45 61.98 71.82
Payable days 63.77 50.06 87.44 66.45 37.22 14.61
PER(x) 0 17.82 15.05 12.28 8.38 22.87
Price/Book(x) 0 1.04 1.49 1.47 0.93 0.26
Dividend Yield(%) 0 0 0 0 0 0
EV/Net Sales(x) 0.24 1.13 2.22 1.71 1 0.45
EV/Core EBITDA(x) 1.65 17.14 17.72 10.47 7.07 15.44
Net Sales Growth(%) 0 -1.98 -19.83 35.72 7.85 -34.55
EBIT Growth(%) 0 -62.45 102.97 91.05 -9.12 -98.26
PAT Growth(%) 0 -79.82 405.13 92.69 0.25 -100.33
EPS Growth(%) 0 0 82.04 38.04 4.35 -89.69
Debt/Equity(x) 0.39 0.19 0.26 0.13 0.02 0.01
Current Ratio(x) 1.66 1.62 1.39 1.86 4.57 5.27
Quick Ratio(x) 0.71 0.92 0.8 1.2 3.38 4
Interest Cover(x) 3.63 1.53 8.3 10.32 12.42 0.7
Total Debt/Mcap(x) 0 0.18 0.17 0.09 0.02 0.05

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -35% -1% -6% —
Operating Profit CAGR -84% -35% -29% —
PAT CAGR -100% -100% -100% —
Share Price CAGR -33% -38% -18% -4%
ROE Average 0% +5% +4% +5%
ROCE Average 0% +8% +7% +7%

Shyam CenturyFerrous Shareholding Pattern

Latest · Sep 2026
100% held
Promoters 49.8 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 50.2 %
# Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
Promoter 51.3850.9550.8350.750.1849.5649.4449.4449.6549.8
FII 0.040.040.040.04000000
DII 0000000000
Public 48.5849.0249.1349.2749.8250.4450.5650.5650.3550.2
Others 0000000000
Total 100100100100100100100100100100

Shyam CenturyFerrous Peer Comparison

Ferro & Silica Manganese Edit Columns

Shyam CenturyFerrous Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

See more…

Shyam CenturyFerrous Pros & Cons

Pros

  • Debtor days have improved from 37.22 to 14.61days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 49.8%.
  • Company has a low return on equity of 5% over the last 3 years.
  • The company has delivered a poor profit growth of -100% over past five years.
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