Customer A was Silvercorp Metals’s largest segment in fiscal 2025, bringing in $76.09M of $243.07M (31%).
| Segments [axis] | FY 2022 | FY 2024 | FY 2025 |
|---|---|---|---|
| Customer A | $33.39M | $107.47M | $76.09M |
| Customer C | $83.78M | $34.03M | $40.43M |
| Customer B | $34.33M | — | $70.27M |
| Customer D | $40.44M | $39.77M | $37.99M |
| Customer E | $28.69M | $27.13M | $18.28M |
| Total | $220.63M | $208.40M | $243.07M |
Silvercorp Metals brought in $243.07M from its five segments in fiscal 2025, the year ended March 31, 2025. Silvercorp Metals regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $208.40M. Customer A was the largest at $76.09M (31.3%), ahead of Customer B at $70.27M (28.9%) and Customer C at $40.43M (16.6%). The other two segments brought in $56.28M combined.
Compared with fiscal 2024, Customer C grew fastest, up 18.8% to $40.43M, while Customer E fell the most, down 32.6% to $18.28M. From fiscal 2022 to 2025, combined revenue from these segments grew from $220.63M to $243.07M, a compound annual growth rate of 3.3%. Customer A's share of the total rose from 15.1% to 31.3%.
Silver was Silvercorp Metals’s largest revenue line in fiscal 2025, bringing in $175.93M of $223.67M (79%).
| Products and services [axis] | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Silver | $105.78M | $116.36M | $175.93M |
| Lead | $50.48M | $46.97M | $5.22M |
| Zinc | $16.94M | $12.20M | $16.41M |
| Gold | $6.65M | $13.02M | $17.82M |
| Other | $4.09M | $4.53M | $8.29M |
| Total | $183.93M | $193.09M | $223.67M |
Silvercorp Metals brought in $223.67M from its five revenue lines in fiscal 2025, the year ended March 31, 2025. That is less than the $243.07M it reports by segments [axis], so these revenue lines do not cover all of its revenue. Silver was the largest at $175.93M (78.7%), ahead of Gold at $17.82M (8.0%) and Zinc at $16.41M (7.3%). The other two revenue lines brought in $13.51M combined.
Compared with fiscal 2024, Other grew fastest, up 83.0% to $8.29M, while Lead fell the most, down 88.9% to $5.22M.
Ying Mining District was Silvercorp Metals’s largest segment in fiscal 2025, bringing in $76.09M of $80.01M (95%).
| Segment | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Mining Henan Luoning | $162.82M | $174.87M | — | — | |||||
| Ying Mining District | — | — | $178.46M | $76.09M | |||||
| Mining Guangdong | — | $33.26M | — | — | |||||
| Guangdong | $3.16M | — | $10.10M | $3.91M | |||||
| Mining Hunan | — | — | — | — | |||||
| Total | $165.97M | $208.13M | $188.56M | $80.01M |
Silvercorp Metals brought in $80.01M from its two segments in fiscal 2025, the year ended March 31, 2025. That is less than the $243.07M it reports by segments [axis], so these segments do not cover all of its revenue. Ying Mining District was the largest at $76.09M (95.1%), ahead of Guangdong at $3.91M (4.9%).
Compared with fiscal 2024, Ying Mining District fell 57.4% to $76.09M and Guangdong fell 61.2% to $3.91M.
Silvercorp Metals began breaking out Ying Mining District in fiscal 2024, when it brought in $178.46M. Silvercorp Metals stopped reporting Mining Henan Luoning ($174.87M in fiscal 2023) and Mining Guangdong ($33.26M in fiscal 2023) as separate segments.
Silvercorp Metals (SVM) reports its revenue by segments [axis], by products and services [axis] and by segment. In fiscal 2025, Customer A was its largest segment, bringing in $76.09M (31.3% of the total), followed by Customer B at $70.27M (28.9%).
Customer A was Silvercorp Metals' largest segment in fiscal 2025, bringing in $76.09M, or 31.3% of the $243.07M total across its five segments.
Silver was Silvercorp Metals' largest revenue line in fiscal 2025, bringing in $175.93M, or 78.7% of the $223.67M total across its five revenue lines.
Among Silvercorp Metals' revenue lines that make up at least 2% of revenue, Other grew fastest in fiscal 2025, up 83.0% from $4.53M to $8.29M.
Every figure comes from Silvercorp Metals' annual financial filings, as reported. Each line keeps the name Silvercorp Metals gives it, and years follow its fiscal calendar.
Silvercorp Metals' revenue by segments [axis] goes back to fiscal 2022, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.