SHYAMMETL2023-01-012023-03-31 SHYAMMETL2023-01-012023-03-31 SHYAMMETL2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member SHYAMMETL2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member SHYAMMETL2023-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543299 SHYAMMETL NOTLISTED Shyam Metalics And Energy Limited Equity 2022-04-01 2023-03-31 2023-05-24 2023-05-10 INR Crores Yearly 15:15:00 17:00:00 2023-05-24 2023-05-24 true Cash Flow Indirect Declaration of unmodified opinion Single segment Steel & allied products 2023-01-01 2023-03-31 Audited Consolidated 33800800000.00 308600000.00 34109400000.00 25251600000.00 24000000.00 -1004100000.00 975500000.00 386000000.00 1258800000.00 4419200000.00 31311000000.00 2798400000.00 300000.00 2798700000.00 297600000.00 -87700000.00 209900000.00 0.00 2588800000.00 0.00 0.00 0.00 0.00 2588800000.00 -44200000.00 2544600000.00 2611800000.00 -23000000.00 0.00 0.00 2550800000.00 10 10.15 10.15 0.00 0.00 10.15 10.15 Notes to Consolidated Financial Results 1. In terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) 2015 as amended, the above Statement of Consolidated Financial Results of the Group has been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on May 24, 2023. The auditors have carried an audit of the results for the year ended March 31, 2023 and have issued an unmodified opinion. 2. The above statement has been prepared in accordance with the Indian Accounting Standards notified under Section 133 of the Companies Act 2013, as amended, read with relevant rules there under and in terms of Regulation 33 of the SEBI {Listing Obligations and Disclosure Requirements) 2015, as amended. 3. Further to our notice to members through stock exchanges, all the pending litigations of Mittal Corp Limited has been resolved and settled. An application for approval of Resolution Plan has been filed with the Hon’ble NCLT, Mumbai Bench. The matter has been heard and is Reserved for Order. 4. During the year, the Holding Company has declared and paid dividend @ Rs 2.70 per fully paid equity share of Rs 10/- each amounting to Rs 68.87 Crores for the financial year 2021-22. The Holding Company has also declared and paid an Interim Dividend @ Rs 1.80 per fully paid equity share of Rs 10/- each amounting to Rs 45.92 Crores in the current financial year 2022-23. The Board of Directors at its meeting held on 24th May, 2023 proposed an Interim dividend of @ Rs 1.80 per equity share of Rs 10/- each amounting to Rs 45.92 Crores for the financial year 2023-24. 5. Sri Deepak Agarwal, Director Finance of the Company has been appointed and given additional responsibility as the Chief Financial Officer (CFO) of the Group. 6. The Company has incorporated a new step down Wholly owned subsidiary, Shyam Metalics International DMCC on August 17, 2022. 7. The Company has acquired a new step down Wholly owned subsidiary, Shyam Metalics Flat Products Private Limited on February 14, 2023. 8. The Group is in the business of manufacture of steel and allied products {including the manufacture of pellets, sponge iron, TMT and Long Products, ferro alloys and generation of power) and accordingly, steel and allied products is the only reportable segment in accordance with Ind AS 108 — Segment Reporting. 9. Previous period/year figures have been regrouped/reclassified wherever necessary. 10. Figures for the quarter ended March 31, 2023 represents the difference between audited figures in respect of the full financial year and the published figures of nine months ended December 31, 2022. Single segment 2022-04-01 2023-03-31 Audited Consolidated 126101800000.00 1120100000.00 127221900000.00 89163300000.00 2925600000.00 -2426400000.00 3451500000.00 931300000.00 4630800000.00 18128900000.00 116805000000.00 10416900000.00 1400000.00 10418300000.00 2345900000.00 -411700000.00 1934200000.00 0.00 8484100000.00 0.00 0.00 0.00 0.00 8484100000.00 153600000.00 8637700000.00 8576000000.00 -91900000.00 0.00 0.00 2550800000.00 10 0.00 33.26 33.26 0.00 0.00 33.26 33.26 Other Expenses 4419200000.00 Other Expenses 18128900000.00 3856200000.00 28678300000.00 27689200000.00 9297900000.00 763700000.00 18500000.00 17100000.00 0.00 0.00 284800000.00 284800000.00 2124900000.00 68874400000.00 22051300000.00 5316200000.00 6042300000.00 747800000.00 970800000.00 10300000.00 868000000.00 13955400000.00 1044100000.00 5961600000.00 43012400000.00 111886800000.00 2550800000.00 69073700000.00 71624500000.00 75480700000.00 3318000000.00 0.00 370900000.00 3688900000.00 201900000.00 712200000.00 0.00 2034700000.00 6637700000.00 8199800000.00 15253700000.00 3154700000.00 26608200000.00 2378500000.00 17300000.00 764400000.00 29768400000.00 36406100000.00 111886800000.00 931300000.00 -1481000000.00 -2252300000.00 0.00 3170300000.00 -2300000.00 -29500000.00 312500000.00 0.00 3332900000.00 0.00 -666100000.00 324600000.00 4630800000.00 0.00 -360700000.00 61800000.00 -176700000.00 193600000.00 -57100000.00 7200000.00 499200000.00 0.00 -474900000.00 0.00 0.00 -20700000.00 75200000.00 0.00 7005300000.00 17423600000.00 0.00 0.00 0.00 2354900000.00 0.00 15068700000.00 0.00 3789900000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 15789200000.00 0.00 3576400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1718600000.00 0.00 0.00 7200000.00 376900000.00 0.00 1503300000.00 0.00 -19549500000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6181000000.00 0.00 0.00 6600000.00 1147900000.00 716900000.00 0.00 0.00 4309600000.00 -171200000.00 0.00 -171200000.00 919000000.00 747800000.00 54400000.00 -204100000.00 -10200000.00 50500000.00