Lloyds Metals and Energy Limited is an India-based company, which is engaged in the mining of iron ore, manufacturing of sponge iron and generation of power. It operates through three segments: Sponge Iron, Mining, and Power. The company was originally incorporated as 'Nagarjuna Metals & Engineers Private Limited' in April 1977. It converted to a Public Limited Company in 1986 and then was changed to 'Lloyds Metals & Engineers Limited' in 1990 and later on to 'Lloyds Metals & Energy Limited' on April 25 2011.
The company operates through three primary segments. The Sponge Iron segment includes production and manufacturing of sponge iron. The Mining segment includes extraction of iron ore from mines. The Power segment includes generation of power. The Company is engaged in mining iron ore, manufacturing coal-based Direct Reduced Iron (DRI)/(Sponge Iron) and generating power. The Company is one of the largest coal-based DRI manufacturers in Maharashtra with a production capacity of 3,40,000 TPA across two districts.
Based on the revenue breakdown for FY23, Iron ore mining contributed 78% of revenue, Sponge Iron manufacturing contributed 19%, and Power Generation contributed 3%. The Company's by-products include char, fly ash, bed materials, electrostatic precipitators (ESP) dust, and iron ore fines.
As of the latest available data, Lloyds Metals & Energy Ltd has a market capitalisation of Rs 83,058 crore. The company has demonstrated strong financial performance over recent years. On a consolidated basis, Lloyds Metals & Energy Ltd reported a profit of Rs 201.88 crore on a total income of Rs 1,212.56 crore for the quarter ended March 2025. For the year ended March 2025, Lloyds Metals & Energy Ltd had posted a profit of Rs 1,449.93 crore on a total income of Rs 6,721.40 crore.
However, the company faced some challenges in the recent quarter. Lloyds Metals & Energy Ltd's net profit fell -27.1% since last year same period to ₹201.88Cr in the Q4 2024-2025. Revenue increased 2.24% to Rs 6,626.31 crore in FY25 as compared with Rs 6,481.01 crore in FY24. Despite quarterly challenges, for the full year, net profit rose 16.65% to Rs 1449.93 crore in the year ended March 2025 as against Rs 1242.93 crore during the previous year ended March 2024.
- The company's board approved a final dividend of Re 1 per share of the Face Value of Rs. 1/- each for the Financial Year ended 31st March, 2025, subject to approval of the Members of the Company at the ensuing Annual General Meeting ('AGM') of the Company.
- Stock P/E: 57.5, Book Value: ₹122, Dividend Yield: 0.06%, ROCE: 38.3%, ROE: 31.5%
- The Lloyds Metals & Energy Ltd's 52-week high share price is Rs 1,601.65 and 52-week low share price is Rs 675.00.
The company has been actively pursuing expansion strategies and strategic partnerships. On 26 Jun 2025, it received environmental clearance for iron ore mining expansion to 55 MTPA, India's largest mine. On 27 Jun 2025, Lloyds Metals acquired ~17% stakes in Hexa MH3 and Hexa W2 for Rs 7.31 crore. On 24 Jun 2025, it acquired 26.82% stake in HR Godavari for Rs.17.4 crore, making it an associate company.
The company has also made significant operational progress. Lloyds Metals & Energy has commissioned a significant pellet plant and slurry pipeline in Maharashtra, enhancing efficiency. In 2022, it started with two modules of 95 TPD Sponge iron plant along with 4 MW waste heat recovery power plant and started studying for a 3 MTPA flat product ISP at Konsar.
The stock has shown remarkable performance over the past year. The stock has surged 110.49% over the past year, outperforming the NIFTY and Nifty Metal index. 100% of analysts recommend a 'BUY' rating for Lloyds Metals & Energy Ltd. Average target price of ₹1664.
To support its growth ambitions, the company's board approved raising of funds through issuance of equity shares / bonds / debentures / convertible warrants / preference shares / any other equity linked securities through permissible modes, including but not limited to a private placement, a qualified institutions placement, preferential issue, or any other method or combination of methods for an aggregate amount upto Rs 5,000 crore.
Promoter holding in Lloyds Metals & Energy Ltd has gone down to 63.44 per cent as of Mar 2025 from 63.49 per cent as of Jul 2024. The company is listed on both BSE and NSE exchanges and is part of several key indices including Nifty 500, BSE Metal, and various other sectoral indices.
The company has demonstrated strong operational capabilities with the company reported a record profit before tax while maintaining full capacity utilization in iron ore production, despite facing challenges from subdued volumes and rising operational costs. The Indian iron ore market remains buoyant, supported by an 8% growth in steel demand, while the company anticipates a recovery in production volumes in the latter half of FY '26, aligning with its strategic initiatives to transition to higher-grade Banded Hematite Quartzite.
Lloyds Metals & Energy continues to position itself as a leading player in India's iron ore and steel manufacturing sector, with robust expansion plans and strong financial fundamentals supporting its growth trajectory.
