Lloyds Metals And Energy
- 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.
- 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.
- 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.
- 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.
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- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil AA | Stable | 20 Apr 2026 |
| India Ratings | IND AA | Stable | 16 Mar 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 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 2026 | Fund Raising | Revised Notice of Board Meeting to be held on Wednesday, 14th October, 2026 |
| 10 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the quarter ended June 30, 2026 and other business matters |
| 5 May 2026 | Financial Results/Dividend/Fund Raising | Intimation of Board Meeting to be held on Tuesday, 05th May, 2026. |
| 29 Apr 2026 | Fund Raising | To consider Fund Raising by way of issuance of Debt Securities. |
| 3 Feb 2026 | Financial Results | Notice of Board Meeting to be held on Tuesday, 03rd February, 2026 |
| 12 Nov 2025 | Financial Results/Other business matters | Notice of Board Meeting to be held on Wednesday, 12th November, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,091 | 1,912 | 1,554 | 2,417 | 1,436 | 1,675 | 1,193 | 2,384 | 3,651 | 5,058 | 6,020 | 7,354 |
| Expenses | 805 | 1,463 | 1,096 | 1,699 | 1,025 | 1,139 | 932 | 1,589 | 2,608 | 3,302 | 3,474 | 4,573 |
| Operating Profit | 286 | 449 | 458 | 719 | 411 | 536 | 261 | 794 | 1,043 | 1,756 | 2,545 | 2,781 |
| OPM % | 26% | 24% | 29% | 30% | 29% | 32% | 22% | 33% | 29% | 35% | 42% | 38% |
| Other Income | 20 | 11 | 8 | 6 | 34 | 18 | 19 | 28 | 55 | 98 | 34 | 161 |
| Interest | 1 | 2 | 2 | 2 | 4 | 8 | 13 | 15 | 176 | 152 | 168 | 276 |
| Depreciation | 10 | 15 | 17 | 19 | 18 | 22 | 22 | 31 | 167 | 186 | 224 | 262 |
| Profit before tax | 295 | 444 | 448 | 704 | 424 | 524 | 245 | 777 | 756 | 1,517 | 2,187 | 2,405 |
| Tax % | 22% | 25% | 38% | 21% | 29% | 26% | 17% | 17% | 25% | 28% | 30% | 28% |
| Net Profit | 231 | 332 | 277 | 557 | 301 | 389 | 202 | 642 | 567 | 1,090 | 1,530 | 1,734 |
| EPS in Rs | 4.58 | 6.56 | 5.48 | 11.03 | 5.76 | 7.44 | 3.86 | 12.26 | 10.87 | 19.24 | 25.22 | 30.67 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 133%
- 3 Years
- 72%
- TTM
- 230%
- 10 Years
- —
- 5 Years
- 679%
- 3 Years
- 60%
- TTM
- 211%
- 10 Years
- 62%
- 5 Years
- 98%
- 3 Years
- 52%
- TTM
- —
- 10 Years
- —
- 5 Years
- 41%
- 3 Years
- 38%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Lloyds Metals And Energy | ₹ 1,767.40 | ₹ 1,00,727 Cr. | 21x | 7.3x | 37% | — |
| JSW Steel | ₹ 1,187.00 | ₹ 2,90,275 Cr. | 41.6x | 3x | — | 14.8% |
| Jindal Steel | ₹ 1,012.00 | ₹ 1,04,634 Cr. | 25.9x | 2.1x | 6.9% | 6.3% |
| Jindal Stainless | ₹ 684.00 | ₹ 56,394 Cr. | 18.8x | 3.1x | 17.5% | 7.4% |
| Welspun Corp | ₹ 2,402.00 | ₹ 63,363 Cr. | 25.9x | 4.6x | 19.4% | 9.7% |
| Shyam Metalics and Energy | ₹ 1,131.00 | ₹ 31,570 Cr. | 26.8x | 2.5x | 9.7% | 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.