Lloyds Metals And Energy Ltd

Lloyds Metals & Energy announced that the 48th Annual General Meeting(AGM) of the company will be held on 2 June 2025.Powered by Capital Market - Live

Profit before tax (PBT) dropped 45.35% to Rs 244.62 crore in Q4 Fy25 as compared with Rs 447.63 core in Q4 FY24. Revenue from Iron Ore fell 20.71% to Rs 996.1 crore in Q4 FY25 as compared with Rs 1256.2 crore in Q4 FY24. Sales of iron ore fell 16.16% YoY to 1.66 million metric tonnes (mmt), lower volumes also led to lower absorption of fixed costs, which made our EBITDA margins a bit subdued. On QoQ basis, despite the Realisations remaining flat, EBITDA margins were a bit subdued. The company has complied with requirements and is awaiting a formal response from the MoEF for the enhancement of its mining capacity from 10 mnt to 55 mnt (incl BHQ). Earlier, the company was expecting the EC clearance in Q4FY25, which is now expected to be received in Q1FY26. Revenue from DRI & Power fell 3.08% YoY to Rs 2,203 crore in Q4 FY25. Pellet trading reported net loss of Rs 2.82 crore in Q4 FY25 as against net profit of Rs 78.9 crore in Q4 FY24. On full year basis, the company's net profit jumped 16.65% to Rs 1449.93 crore in FY25 as compared with Rs 1242.93 crore in FY24. Revenue increased 2.24% to Rs 6,626.31 crore in FY25 as compared with Rs 6,481.01 crore in FY24. Meanwhile, 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. Further, 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. Lloyds Metals and Energy (LMEL) is the leading player in the Iron and Steel making industry.Powered by Capital Market - Live

Lloyds Metals & Energy announced that the Board of Directors of the Company at its meeting held on 25 April 2025, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 100%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Lloyds Metals & Energy declined 27.10% to Rs 201.88 crore in the quarter ended March 2025 as against Rs 276.91 crore during the previous quarter ended March 2024. Sales declined 23.49% to Rs 1182.66 crore in the quarter ended March 2025 as against Rs 1545.72 crore during the previous quarter ended March 2024. 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. Sales rose 2.24% to Rs 6626.31 crore in the year ended March 2025 as against Rs 6481.01 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1182.661545.72 -23 6626.316481.01 2 OPM %22.0829.66 -29.4726.71 - PBDT266.96464.15 -42 1976.911775.52 11 PBT244.62447.63 -45 1896.111726.53 10 NP201.88276.91 -27 1449.931242.93 17 Powered by Capital Market - Live

The Board of Lloyds Metals & Energy at its meeting held on 25 April 2025 has approved fund raising up to Rs 5,000 crore through issuance of securities. Powered by Capital Market - Live

Lloyds Metals & Energy will hold a meeting of the Board of Directors of the Company on 25 April 2025.Powered by Capital Market - Live

The Board of Lloyds Metals & Energy will meet on 25 April 2025 to consider the proposal of raising of funds by way of issue of securities. Powered by Capital Market - Live

Net profit of Lloyds Metals & Energy rose 17.43% to Rs 389.29 crore in the quarter ended December 2024 as against Rs 331.50 crore during the previous quarter ended December 2023. Sales declined 12.17% to Rs 1670.82 crore in the quarter ended December 2024 as against Rs 1902.24 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1670.821902.24 -12 OPM %32.1123.63 - PBDT546.13458.89 19 PBT524.07444.19 18 NP389.29331.50 17 Powered by Capital Market - Live

Lloyds Metals & Energy will hold a meeting of the Board of Directors of the Company on 28 January 2025.Powered by Capital Market - Live

India Ratings and Research stated that the upgrade reflects Lloyds Metals likely receiving the mining approval by end-FY25, resulting in a significant increase in mining volumes FY26 onwards and higher scale of operations. The upgrade also reflects India Ratings' expectation of a low-cost position of LMEL in steel making following the completion of its planned capex, supported by its captive iron ore mine as well as saving on logistic cost. However, the pace of the ramp-up of operations shall remain a key rating monitorable. The rating is further supported by India Ratings' expectation of LMEL's strong financial profile with a low net leverage ratio and strong liquidity, despite its high capex towards setting up of integrated steel plant as the entire capex will be funded through internal accruals. The agency said that timely phase-wise completion and the ramp-up of the steel capex along with the ramp-up of the mine production as envisaged, leading to an increase in the proportion of its higher value-added product, and the increased EBITDA per tonne while maintaining the debt-free balance sheet, all on a sustained basis, could lead to a positive rating action. However, any delay in the ramp-up of the scheduled capex and/or mine production as well as any substantial debt-funded acquisitions/capex/diversion of funds to group entities or any other event, leading to severe depletion of the free cash balances, with the net-adjusted leverage rising above 1.25x and/or any adverse regulatory or legal interventions could lead to a negative rating action. Lloyds Metals and Energy is engaged in the iron ore mining at Surjagarh village, Gadchiroli district, Maharashtra, and manufacturing of sponge iron. The company's sponge iron plant is in Chandrapur district of Maharashtra with an installed capacity of 340,000MTPA along with a 34MW captive power plant. Powered by Capital Market - Live