Lloyds Metals And Energy Ltd
BSE:512455
Lloyds Metals And Energy Ltd
Lloyds Metals and Energy Ltd., a prominent player in India's industrial landscape, weaves its story through the intricate dance of resource extraction and energy production. Established initially as a steel company, it has adeptly navigated the cyclic nature of commodities to carve a niche in mining and energy. At the heart of its operations lies its iron ore mining activities, primarily located in the mineral-rich belt of Maharashtra. By harnessing the rich natural resources, Lloyds Metals efficiently extracts and processes iron ore, a critical ingredient in steel manufacturing. This extraction not only fuels its integrated steel operations but also caters to numerous domestic industrial consumers, forming the backbone of its revenue stream.
The strategic pivot of Lloyds Metals into the energy sector underscores its vision for diversification and sustainable growth. By expanding into energy production, the company aims to mitigate the inherent volatility of the commodity markets. Through the implementation of captive power plants, Lloyds Metals has optimized its steel manufacturing process, ensuring a stable and cost-effective power supply, which in turn, enhances its competitive edge. Beyond self-consumption, the company's energy production initiatives have opened additional revenue channels, exporting surplus power to India's grid. This dual focus on mining and energy positions Lloyds Metals as a resilient entity in the industrial ecosystem, adept at harnessing natural resources while navigating the dynamic demands of the global market.
Lloyds Metals and Energy Ltd., a prominent player in India's industrial landscape, weaves its story through the intricate dance of resource extraction and energy production. Established initially as a steel company, it has adeptly navigated the cyclic nature of commodities to carve a niche in mining and energy. At the heart of its operations lies its iron ore mining activities, primarily located in the mineral-rich belt of Maharashtra. By harnessing the rich natural resources, Lloyds Metals efficiently extracts and processes iron ore, a critical ingredient in steel manufacturing. This extraction not only fuels its integrated steel operations but also caters to numerous domestic industrial consumers, forming the backbone of its revenue stream.
The strategic pivot of Lloyds Metals into the energy sector underscores its vision for diversification and sustainable growth. By expanding into energy production, the company aims to mitigate the inherent volatility of the commodity markets. Through the implementation of captive power plants, Lloyds Metals has optimized its steel manufacturing process, ensuring a stable and cost-effective power supply, which in turn, enhances its competitive edge. Beyond self-consumption, the company's energy production initiatives have opened additional revenue channels, exporting surplus power to India's grid. This dual focus on mining and energy positions Lloyds Metals as a resilient entity in the industrial ecosystem, adept at harnessing natural resources while navigating the dynamic demands of the global market.
Record Revenue: Lloyds Metals reported its highest-ever consolidated revenue, crossing INR 11,000 crores, marking a major milestone.
Strong Profit Growth: Standalone Q3 FY '26 income rose 129% YoY to INR 3,875 crores, with EBITDA up 137% and PAT up 128%.
Margin Expansion: Q3 EBITDA margin was robust at 34%, up 280 basis points YoY, driven by a higher mix of value-added products and logistics efficiencies.
Operational Momentum: Iron ore and pellet production ramped up rapidly, with capacity utilization and dispatches improving across operations.
CapEx Execution: Major projects, including a second pellet plant and a new slurry pipeline, are progressing on schedule and within budget.
Copper Entry: The company is launching a copper project in the DRC, targeting 10,000 tonnes output in FY '27, with longer-term plans for 30,000 tpa.
Thriveni Performance: Thriveni's Q3 revenue hit INR 2,200 crores with strong margin gains, and management expects further growth and margin expansion in FY '27.
Upbeat Outlook: Management reiterated guidance for over 20 million tonnes of iron ore volume for FY '26 and expects strong margins and growth to continue.
