Lloyds Metals & Energy Ltd. · NSE:LLOYDSME
Lloyds Metals & Energy — H1 FY2026 Earnings Presentation
44 slides from Lloyds Metals & Energy's earnings presentation, Nov 12, 2025
Slide 1: Exchange intimation: Earnings Presentation for Q2 & H1FY26
12th November, 2025 To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400001 Bandra (East), Mumbai - 400 051 BSE Scrip Code: 512455 NSE Symbol: LLOYDSME Sub: Earnings Presentation for Q2 & H1FY26 Dear Sir/
Slide 2: Lloyds Metals & Energy Ltd. Investor Presentation
Lloyds Metals & Energy Ltd. Investor Presentation | November 2025 © Lloyds Metals and Energy 2025
Slide 3: Expanding Horizons, Deepening Strengths
Expanding Horizons, Deepening Strengths Bridging India's Dreams, Forging a New Steel City on the Map Touching Lives in Vidarbha by Driving Change and Progress LMEL is building world-class assets in steel manufacturing, revolutionising iron ore mining and beneficiation, aligning with the nation's ste
Slide 4: Result Highlights
Result Highlights
Slide 5: Q2 & H1-FY26 Highlights - Standalone
Q2 & H1-FY26 Highlights- Standalone Highest Ever Quarterly Income H1-FY26 Financial • Total Income for Q2FY26/H1FY26 stood at INR 25,754 mn / INR 49,838 mn, which was 75% higher YoY for Q2FY26 and 28% higher YoY for H1FY26. Performance - With enhanced EC limits and the slurry pipeline company was ab
Slide 6: Q2 & H1-FY26 Key Performance Update
Q2 & H1-FY26 Key Performance Update Iron Ore DRI & Power Pellets ▪ Iron ore production volume for Q1-FY26 Q2FY26 & Financial H1FY26 stood at 3.42mnt ▪ DRI Sales Volume: DRI Q2FY26 / H1FY26 volumes stood at 88.2kt / ▪ Pellets Production for Q2FY26 & H1FY26 stood at 0.78mnt. The pellet Performance and
Slide 7: Quarterly Product wise Performance
Quarterly Product wise Performance Total Iron Ore Value Added Products 20,891 11,996 24,084 25,754 14,698 10,930 13,758 7,809 8,145 7,602 3,768 3,193 4,273 3,815 3,293 4,330 980 206 Q2FY25 Q1FY26 Q2FY26 Q2FY25 Q1FY26 Q2FY26 Q2FY25 Q1FY26 Q2FY26 Total Income (INR Mn) EBIT (INR Mn) Revenue (INR Mn) EB
Slide 8: Quarterly Product Mix - Increasing VAP share
Quarterly Product Mix- Increasing VAP share Revenue Split Q2FY26 Q2FY25 Q1FY26 13% 26% 47% 53% 74% 87% Iron ore Value Added Products Iron ore Value Added Products Iron ore Value Added Products ■ ■ ■ ■ ■ ■ EBIT Split Q2FY26 Q2FY25 Q1FY26 3% 23% 47% 53% 77% 97% ■ Iron ore ■ Value Added Products ■ Iron
Slide 9: Half Yearly Product wise Performance
Half Yearly Product wise Performance Total Iron Ore Value Added Products 15,189 38,929 49,838 34,649 30,261 8,668 15,953 4,021 11,331 11,932 9,551 1,780 H1FY25 H1FY26 H1FY25 H1FY26 H1FY25 H1FY26 Total Income (INR Mn) EBIT (INR Mn) Revenue (INR Mn) EBIT (INR Mn) Revenue(INR Mn) EBIT (INR Mn) Iron Ore
Slide 10: Half Yearly Product Mix - Increasing VAP share
Half Yearly Product Mix- Increasing VAP share Revenue Split H1FY26 H1FY25 22% 30% 70% 78% ■ Iron ore ■ Value Added Products ■ Iron ore ■ Value Added Products EBIT Split H1FY26 H1FY25 16% 25% 75% 84% ■ Iron ore ■ Value Added Products ■ Iron ore ■ Value Added Products Investor Presentation | Nov 2025
Slide 11: Standalone Financial Performance
Standalone Financial Performance Particulars (INR Mn) Q2-FY26 Q2-FY25 Y-o-Y H1-FY26 H1-FY25 Y-o-Y Total Income 25,754 14,698 75.2% 49,838 38,929 28.0% Total expenses 17,062 10,250 66.5% 33,060 27,235 21.4% EBIDTA 8,692 4,448 95.4% 16,778 11,694 43.5% EBIDTA Margin (%) 33.75% 30.26% 349 bps 33.67% 30
Slide 12: TEIPL H1-FY26 Financial Performance
Thriveni Earthmovers and Infra Private Limited (TEIPL) Thriveni Sainik Mining – PB West • Award Recognition H1-FY26 Financial Conferred with the Prestigious Five-Star Rating for Coal Mines (Open Cast Category) and secured 1st place among 328 participating mines across India. Performance • Record Pro
Slide 13: Q2 Highlights - Thriveni Earthmovers and Infra Private Limited
Q2 Highlights- Thriveni Earthmovers and Infra Private Limited (TEIPL) Odisha Operations • Total EC of mines in Odisha increased from 7.79 MTPA to 11.8 MTPA • Successfully completed public hearings for 4 MTPA BHQ beneficiation plant at Indrani Patnaik Mines. • Awarded 5-Star rating at MGM Mines. • La
Slide 14: TEIPL (Consolidated) - Key Matrices
TEIPL (Consolidated) - Key Matrices Particulars (INR Mn) Q2-FY26 Q1-FY26 H1-FY26 FY25 Total Income 16,070 16,774 32,844 66,606 Total expenses 13,805 13,702 27,508 55,930 EBIDTA 2,265 3,071 5,336 10,676 EBIDTA Margins (%) 14.09% 18.31% 16.25% 16.03% Cash PAT 760 1,827 2,587 4,893 Cash Pat Margins (%)
Slide 15: Resilient Mix - Consolidated
Resilient Mix - Consolidated Revenue Split H1FY26 H1FY25 0% 18% 22% 25% 57% 78% ■ Iron ore ■ Value Added Products ■ MDO & Services ■ Iron ore ■ Value Added Products ■ MDO & Services EBIT Split H1FY26 H1FY25 8% 0% 16% 23% 69% 84% ■ Iron ore ■ Value Added Products ■ MDO & Services ■ Iron ore ■ Value A
Slide 16: Consolidated Financial Performance
Consolidated Financial Performance Particulars (INR Mn) Q2-FY26 Q2-FY25 Y-o-Y H1-FY26 H1-FY25 Y-o-Y Total Income 37,068 14,698 NA 61,185 38,929 57.2% Total expenses 26,082 10,250 NA 41,975 27,236 54.1% EBIDTA 10,986 4,448 NA 19,210 11,693 64.3% EBIDTA Margin (%) 29.64% 30.26% (62) bps 31.40% 30.04%
Slide 17: Strategic Growth Trajectory Across Key Product Vertical
Strategic Growth Trajectory Across Key Product Vertical Product Category FY25 Actual FY26 Guidance FY27 Guidance Iron Ore Production 10MnT 20-22MnT 25-26MnT Pellet Production - 2.8-3MnT 5.5-7MnT DRI Production 340kt 450-550kt 700kt Steel (WRM) Production - - 0.15-0.2MnT Investor Presentation | Nov 2
Slide 18: Recent Developments
Recent Developments
Slide 19: Consolidating Presence across Geographies in India's Pellet Industry
Consolidating Presence across Geographies in In Million Strategic Investments India’s Pellet Industry Tonnes (Non – Control) “LMEL has completed the acquisition of 4 18 strategic equity stakes in MRPPL and BRPL. These transactions helps LMEL to expand its presence across key steel belts and reinforc
Slide 20: Benefits from the integration of Thriveni's MDO operation
Benefits from the integration of Thriveni’s MDO operation Step towards producing non-cyclical “low-cost” steel of India Alignment of Shareholder Interest Margin Expansion ▪ Long term alignment of shareholder ▪ MDO margins shall boost mining interest with key partner Thriveni business margins ▪ Bigge
Slide 21: Project Updates
PROJECT UPDATES
Slide 22: Roadmap towards Value Addition
Roadmap towards Value Addition Active Projects Iron Ore BHQ Beneficiation Pellets (Throughput) Existing Post Existing Post Existing Expansion Expansion 26 MNT - 45 MNT 4 MNT 8 MNT Slurry Pipeline Sponge/DRI Steel (WRM) Existing Existing Existing Post Expansion 85Kms 0.70 MNT - 1.2 MNT Investor Prese
Slide 23: Project Updates: Completed and Ongoing Projects
Project Updates Completed Projects Undergoing Projects r---------------------------------- Slurry Pipeline - 1 Project Mines Pellet Plant - 2 1.2mnt Steel BHQ 30 mnt Throughput & Pellet Plant - 1 :u :u :u DRI plant at Ghughus :u Pilot Plant 5TPH FY22 – 3 mnt Major Machinery is commissioned completed
Slide 24: Project Updates: Future Projects
Project Updates Future Projects Pellet Plant – 3 Project Slurry Pipeline 195 kms Integrated Steel Plant 3mnt BHQ Beneficiation of 15MNT Survey work completed, preliminary engg :u Land procured, engg in progress, EC in :u Preliminary engg vendor being short Progress So Far completed, ROW approval in
Slide 25: Driving Cost Optimisation Across the Value Chain
Driving Cost Optimisation Across the Value Chain Acquisition of Thriveni MDO Operations(80%) in INR ▪ Per tonne savings on iron ore to the tune of INR 700mn 400-500 on a consolidated basis Slurry Pipeline ▪ Freight cost reduction of INR 500-600 per tonne on ▪ 85kms-10mnt- From Hedri to Konsari 85kms
Slide 26: Industry Overview
Industry Overview
Slide 27: Iron Ore Supply Coming at Higher Premiums
Iron Ore Supply Coming at Higher Premiums 161 127 210 258 376 FY 23 Crude Steel Capacity Crude Steel Iron Ore Req. (MTPA) Iron Ore Prod (MTPA) Iron Ore EC (MTPA) (MTPA) Production(MTPA) 242 210 404 350 525 FY 30 Case – I Crude Steel Capacity Crude Steel Iron Ore Req. (MTPA) Minimum Iron Ore Minimum
Slide 28: Iron Ore Supply Coming at Higher Premiums
Iron Ore Supply Coming at Higher Premiums Avg. auction premium Number of Mines due for Estimated total production Year Year (% of IBM notified prices) Auction capacity (MTPA) 2016 86.14 2025 6 25 2017 93.62 2026 6 5 2018 98.98 2019 85.92 2027 3 2 2020 115.15 2029 2 17 2021 116.58 2022 114.62 2030 8
Slide 29: ESG Performance
ESG Performance We define growth not just by our business success but by the positive impact we create empowering communities, enriching lives, and shaping a sustainable future. Green Mining Community First Implementing electric solutions across In FY 25, over $8.3 Million invested through CSR entir
Slide 30: CSR Initiatives
CSR Initiatives Lloyds Infinite Foundation, the social development arm of Lloyds Metals leads the community development initiatives in the operating locations of Lloyds Metals. LLOYDS IN Fl NITE FOUNDATION 29
Slide 31: Fostering the Development of Sustainable Institutions for Long-Term Growth
Fostering the Development of Sustainable Institutions for Long-Term Growth Empowering Communities Beyond CSR – Aligning Growth with Government Vision & Sustainable Mining Free Medical Service 24x7 Dispensary and Industrial Security Garment Unit Ambulance Service Academy Simulator training Women HEMM
Slide 32: Sustainable Business Practices
Sustainable Business Practices LRVN School, Hedri ▪ Educational institution set up near the mines to deliver ▪ Offered from Pre nursery till ▪ Hostel facility for 600 high-quality education. 12th Standard. students. Investor Presentation | Nov 2025 www.lloyds.in 31
Slide 33: Sustainable Business Practices
Sustainable Business Practices GD Goenka Lloyds Public School, Ghughus ▪ Educational institution set ▪ Offering CBSE course to up near Plants more than 150+kids. Investor Presentation | Nov 2025 www.lloyds.in 32
Slide 34: Sustainable Business Practices
Sustainable Business Practices Gadchiroli District Premier League 2025 (GDPL 2025) Lloyds Metals & Energy Ltd. (LMEL) proudly organised the Gadchiroli Premier League (GPL) 2025 under its CSR activities as part of its ongoing commitment to community development and youth empowerment. Held from Januar
Slide 35: Sustainable Business Practices
Sustainable Business Practices Industrial Lloyds Cup at Chandrapur Run for Fun: A 5KM Celebration of Fitness & Unity! The Industrial Lloyds Cup was successfully organized in Surjagarh, 1st Dec, 2024: We proudly hosted a 5 KM Marathon February 2025, bringing together leading industrial and that broug
Slide 36: Sustainable Business Practices
Sustainable Business Practices 01. Key HR KPI’s 02. ESOPS for All 03. Employee Welfare ▪ Attrition rates fell to c.10% in ▪ ESOPS for all Employees ▪ Marriage and Child Birth- 1 FY25 from 24% in FY22 across ALL RANKS month gross salary ▪ Skill development ▪ Average tenure of employees; ▪ ESOPS have
Slide 37: LMEL at Glance
LMEL at Glance Integrated Allocated Iron Ore Mine, Mine lease is valid till Forward Integrating t Operations thereby saving outflow CY2057 into 12mnt Pellet and on premium royalty Iron ore Reserves 4.2mnt Steelmaking ▪ DSO-157mnt ▪ BHQ-706mnt Strong Balance All the expansion plans IPS (capital subsi
Slide 38: Strategically Located Facilities
Strategically Located Facilities The Surjagarh Iron Ore Mine (SIOM) is strategically located in the centre of India, equidistant from most steel plants. ... At LLOYDS METALS, we redefine customer service with our game-changing promise of Door-To-Door Delivery District Map of Chandrapur District Map
Slide 39: Financial Overview
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Slide 40: Consolidated Historical Income Statement
Consolidated Historical Income Statement Particulars (INR Mn) FY23 FY24 FY25 H1-FY26 Total Income 34,667 65,746 67,726 61,185 Operating Expenses 25,820 47,934 47,685 41,975 EBIDTA 8,847 17,812 20,041 19,210 EBIDTA Margin (%) 25.52% 27.09% 29.59% 31.40% Depreciation and amortisation expenses 230 490
Slide 41: Consolidated Historical Balance Sheet
Consolidated Historical Income Statement Particulars (INR Mn) FY24 FY25 H1FY26 Particulars (INR Mn) FY24 FY25 H1FY26 Equity Non-Current Assets (a) Equity Share Capital 505 523 526 (a) Property, Plant and Equipment 11,568 15,315 64,360 (b) Other Equity (including Non 27,604 63,498 81,064 (b) Capital
Slide 42: Consolidated Historical Financial Highlights
Consolidated Historical Financial Highlights Total Income (INR Mn) EBITDA (INR Mn) & EBITDA Margins (%) Adj PAT (INR Mn) 25,000 67,726 20,041 65,746 17,812 19,210 61,185 20,000 14,499 25.52% 12,429 12,090 * 9,855 15,000 34,667 29.59% 31.40% 10,000 27.09% 5,000 8,847 - FY23 FY24 FY25 H1-FY26 FY23 FY2
Slide 43: Capital Market Information
Capital Market Information 1 YEAR SHARE PRICE MOVEMENT (Up to 30th September 2025) Shareholders Returns 80% 60% Quarterly Yearly 3 Year 40% 20% 613 5% 25% % v v 0% -20% -40% Oct-24 Dec-24 Feb-25 Apr-25 Jun-25 Aug-25 - I NSE Metals LMEL _I _ I NSE Metals -2% NSE LMEL 79% NSE Metals LMEL -22% LMEL Met
Slide 44: Disclaimer
Disclaimer Lloyd’s Metals & Energy Limited (LMEL) Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and
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