Lloyds Metals And Energy

NSE: LLOYDSMEBSE: 512455
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₹ 1,767.40▼ 7.6 (−0.43%)28 Oct, 03:29 pm IST
Market cap
₹ 1,00,727 Cr.
P/E
21x
P/B
7.33x
52-week range
1,042.9 – 2,125
ROE
37%
ROCE
27%
Dividend yield
0.1%
Debt / equity
1.49
Sector
Minerals & Mining
Industry
Industrial Minerals
Listed on
NSE, BSE

About

Lloyds Metals and Energy Limited is a direct reduced iron (DRI) manufacturer and is a merchant iron ore miner in Maharashtra, India. The Company's segments include Mining, Sponge Iron, Power and Pellet trading. The Mining Segment is engaged in extraction of iron ore from mines. The Sponge Iron segment is engaged in the production and manufacturing of sponge iron. The Power segment includes generation of power. The Pellet trading segment includes pellets procured from Mandovi River Pellets Private Limited, the producer of pellets derived from iron ore supplied by the Company. The Company's other by products include char, fly ash, ESP dust, bed materials and iron ore fines. It has an approximately 3,40,000 TPA capacity for DRI across two districts in Maharashtra and a 34 megawatts (MW) waste heat recovery based (WHRB) power plant. The Company has a capacity of approximately 10 million metric tons per annum (MTPA) of iron ore at Surjagarh Village, Gadchiroli district in Maharashtra.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Industrial Minerals: 15 companies →

Lloyds Metals And Energy against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)21 against a typical 32.7: cheaper than most peers (1st = cheapest).5th of 15
  • Sales growth+208.5% against a typical +28.9% from a year earlier.1st of 14
  • Profit growth+170.1% against a typical +3.1% from a year earlier.1st of 10
  • Share price, 3 months−13.5% against a typical −16.9%.7th of 15
  • Size₹ 1,00,727.3 Cr. market value against a typical ₹ 987.9 Cr. (1st = largest).1st of 13

Latest announcements

Exchange filings and their impact on the company.

  • 27 Oct 2026General UpdatesLow impactPositivePrice −0.4% so far today
    Lloyds signed equity and power deals for green captive power, a small positive that should trim power costs.

    Lloyds Metals and Energy on 27 October 2026 signed share subscription and shareholders agreements and power purchase agreements with three Amplus companies for a minimum 26% stake under the group captive scheme. This follows its board approval on 10 August 2026, but no investment amount was disclosed in this update. The deals secure long-term renewable power for its operations, which should modestly lower power costs with only a small upfront equity outlay.

    Filing
  • 14 Oct 2026Outcome of Board MeetingHigh impactNegativePrice −1.6% on 15 Oct
    Board approved new debt headroom up to Rs 3,000 cr in NCDs plus up to USD 180m in USD notes, while cancelling a Rs 600 cr NCD plan.

    On 14 October 2026, Lloyds Metals and Energy's board approved raising up to Rs 3,000 crore via non-convertible debentures on private placement and up to USD 130 million, with an option to upsize by USD 50 million, via USD-denominated senior secured notes. It also cancelled a Rs 600 crore NCD issue approved on 21 September 2026, while retaining a separate Rs 950 crore NCD approval. The approvals create headroom for about Rs 4,100-4,600 crore of additional debt to fund its large ongoing expansion.

    Filing
  • 8 Oct 2026General UpdatesLow impactNeutralPrice +1.1% on 9 Oct
    Rs 606.76 cr investment in subsidiary Thriveni Earthmovers completed with share credit.

    Lloyds Metals and Energy said 3.5 crore equity shares of its subsidiary Thriveni Earthmovers and Infra Private Limited, allotted on 28 September 2026 for Rs 606.76 crore, were credited to its demat account on 08 October 2026. This completes the rights / further issue subscription first disclosed on 10 August 2026. The amount is small relative to its scale with FY26 revenue of Rs 17,113 crore and borrowings of Rs 20,716 crore, with no new earnings guidance.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

High safety

Rated AA by 2 agencies
AA
DefaultRiskyModerateSafeVery safe
  • All agencies agree and none has raised a warning.
AgencyCurrent ratingOutlookAs of
CRISILCrisil AAStable20 Apr 2026
India RatingsIND AAStable16 Mar 2026
Credit rating actions
RatingDetails
20 Apr 2026
Reaffirmed
Crisil AA—CRISIL₹ 9,980 Cr.
16 Mar 2026
Reaffirmed
IND AA—India Ratings₹ 11,003 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
14 Oct 2026Fund RaisingRevised Notice of Board Meeting to be held on Wednesday, 14th October, 2026
10 Aug 2026Financial Results/Other business mattersTo consider and approve the financial results for the quarter ended June 30, 2026 and other business matters
5 May 2026Financial Results/Dividend/Fund RaisingIntimation of Board Meeting to be held on Tuesday, 05th May, 2026.
29 Apr 2026Fund RaisingTo consider Fund Raising by way of issuance of Debt Securities.
3 Feb 2026Financial ResultsNotice of Board Meeting to be held on Tuesday, 03rd February, 2026
12 Nov 2025Financial Results/Other business mattersNotice of Board Meeting to be held on Wednesday, 12th November, 2025

Share price

1Y change +33.12%
0 of 3 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,0911,9121,5542,4171,4361,6751,1932,3843,6515,0586,0207,354
Expenses8051,4631,0961,6991,0251,1399321,5892,6083,3023,4744,573
Operating Profit2864494587194115362617941,0431,7562,5452,781
OPM %26%24%29%30%29%32%22%33%29%35%42%38%
Other Income20118634181928559834161
Interest1222481315176152168276
Depreciation1015171918222231167186224262
Profit before tax2954444487044245242457777561,5172,1872,405
Tax %22%25%38%21%29%26%17%17%25%28%30%28%
Net Profit2313322775573013892026425671,0901,5301,734
EPS in Rs4.586.565.4811.035.767.443.8612.2610.8719.2425.2230.67

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
133%
3 Years
72%
TTM
230%
Compounded Profit Growth
10 Years
—
5 Years
679%
3 Years
60%
TTM
211%
Stock Price CAGR
10 Years
62%
5 Years
98%
3 Years
52%
TTM
—
Return on Equity
10 Years
—
5 Years
41%
3 Years
38%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
61.63%
−1.81 pts in a year
FIIs
1.85%
−0.33 pts in a year
DIIs
2.18%
+0.11 pts in a year
Public
34.27%
+1.99 pts in a year
Others
0.06%
+0.04 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 21xEPS (12 months) ₹ 86.01Median P/E 47.4x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Lloyds Metals And Energy₹ 1,767.40₹ 1,00,727 Cr.21x7.3x37%—
JSW Steel₹ 1,187.00₹ 2,90,275 Cr.41.6x3x—14.8%
Jindal Steel₹ 1,012.00₹ 1,04,634 Cr.25.9x2.1x6.9%6.3%
Jindal Stainless₹ 684.00₹ 56,394 Cr.18.8x3.1x17.5%7.4%
Welspun Corp₹ 2,402.00₹ 63,363 Cr.25.9x4.6x19.4%9.7%
Shyam Metalics and Energy₹ 1,131.00₹ 31,570 Cr.26.8x2.5x9.7%5.7%

Management

Riyaz Shaikh
Chief Financial Officer
Akshay Pankaj Vora
Company Secretary, Compliance Officer
Rajesh Rajnarayan Gupta
Managing Director, Executive Director
Balasubramanian Prabhakaran
Managing Director, Executive Director
Madhur Rajesh Gupta
Executive Director
Venkateswaran Soundararajan
Executive Director

Prices are delayed and for information only. Nothing on this page is investment advice.