Lloyds Metals & Energy Ltd. · NSE:LLOYDSME
Lloyds Metals & Energy — Q3 FY26 Earnings Presentation
50 slides from Lloyds Metals & Energy's earnings presentation, Feb 3, 2026
Slide 1: Exchange intimation letter for earnings presentation
03rd February, 2026 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 Q3 & 9MFY26 Dear Sir/
Slide 2: Lloyds Metals & Energy Ltd. Investor Presentation
Lloyds Metals & Energy Ltd. Investor Presentation | February 2026 © 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: Certified Great Place To Work
A reflection of our people-first culture built on Certified trust, respect, and collaboration. PRECISE INDIA We’re certified asa Great Place To Worke Our Workplace. Our Pride.
Slide 5: Result Highlights
Result Highlights
Slide 6: Highest ever Revenue, EBITDA and PAT
Highest ever Revenue, EBITDA and PAT Company crosses INR 100 bn of Revenue milestone on consolidated basis Revenue 13,166 38,750 EBITDA 8,691 24,231 24,084 25,754 8,086 7,245 19,774 19,236 15,624 16,932 5,477 5,545 14,698 4,608 4,665 11,112 12,127 4,449 8,957 3,062 2,806 1,840 PAT 8,885 6,346 6,056
Slide 7: Q3 & 9MFY26 Highlights - Standalone
Q3 & 9MFY26 Highlights - Standalone Highest Ever Quarterly Income 9MFY26 Financial • Total Income for Q3FY26/9MFY26 stood at INR 38,750 mn / INR 88,588 mn, which was 129% higher YoY for Q3FY26 and 59% higher YoY for 9MFY26. Performance - With enhanced EC limits for iron ore, faster ramp up of Pellet
Slide 8: Q3 & 9M FY26 Key Performance Update
Q3 & 9M - FY26 Key Performance Update Iron Ore DRI & Power Pellets ▪ Iron ore production volume for Q2-FY26 Financial Q3FY26 & 9MFY26 stood at ▪ DRI Sales Volume: DRI Q3FY26 / 9MFY26 volumes stood at 124.20kt / ▪ Pellets Production for Q3FY26 & 9MFY26 stood at 1.14mnt & 1.95mnt. Performance 5.49mnt
Slide 9: Quarterly Product wise Performance
Quarterly Product wise Performance Total Iron Ore Value Added Products 23,258 15,492 38,750 11,996 25,754 14,322 13,758 16,932 8,145 12,558 7,364 2,610 3,815 5,326 4,942 4,330 5,194 387 Q3FY25 Q2FY26 Q3FY26 Q3FY25 Q2FY26 Q3FY26 Q3FY25 Q2FY26 Q3FY26 Revenue (INR Mn) EBIT (INR Mn) Revenue (INR Mn) EBI
Slide 10: Quarterly Product Mix - Increasing VAP share
Quarterly Product Mix- Increasing VAP share Revenue Split Q3FY26 Q3FY25 Q2FY26 Value Added Value Products 15% Value Added Added Products Products 40% 47% Iron ore Iron ore 60% Iron ore 53% 85% EBIT Split Q3FY26 Value Q3FY25 Q2FY26 Added Products 7% Value Value Added Added Products Products 41% 47% I
Slide 11: 9M Product wise Performance
9M Product wise Performance Total Iron Ore Value Added Products 30,681 88,588 55,601 57,907 44,323 11,277 28,511 9,212 16,657 19,299 14,493 2,164 9MFY25 9MFY26 9MFY25 9MFY26 9MFY25 9MFY26 Total Income (INR Mn) EBIT (INR Mn) Revenue (INR Mn) EBIT (INR Mn) Revenue(INR Mn) EBIT (INR Mn) Iron Ore & Pell
Slide 12: 9M Product Mix - Increasing VAP share
9M Product Mix- Increasing VAP share Revenue Split 9MFY26 Value Added 9MFY25 Products Value Added 20% Products 35% Iron ore 65% Iron ore 80% EBIT Split 9MFY26 Value Added Products 9MFY25 Value Added 13% Products 32% Iron ore 68% Iron ore 87% Investor Presentation | Feb 2026 www.lloyds.in 11
Slide 13: Standalone Financial Performance
Standalone Financial Performance Particulars (INR Mn) Q3-FY26 Q3-FY25 Y-o-Y Q2-FY26 Q-oQ 9M-FY26 9M-FY25 Y-o-Y Total Income 38,750 16,932 129% 25,754 50% 88,588 55,601 59% Total expenses 25,584 11,387 125% 17,063 50% 58,644 38,361 53% EBIDTA* 13,166 5,545 137% 8,691 51% 29,944 17,240 74% EBIDTA Marg
Slide 14: TEIPL 9M-FY26 Financial Performance
Thriveni Earthmovers and Infra Private Limited (TEIPL) Thriveni Sainik Mining – PB West Achieved the highest distinction of 5-Star Rating by the Ministry of Coal, ranking No.1 9M-FY26 Financial among 383 opencast mines in India. Performance Record monthly performance (Dec’25): • Coal Production: 17.
Slide 15: 9M Highlights - TEIPL
9M Highlights- Thriveni Earthmovers and Infra Private Limited (TEIPL) Odisha Operations • MGM Mines awarded the prestigious 5-Star Rating by IBM. • Dalpahar Mines: Operations expected Q1 FY27; FY27 production target 3 MTPA. • Laserda–Pacheri MDPA signed; operations expected to commence in Q4 FY26. F
Slide 16: TEIPL (Consolidated) - Key Metrics
TEIPL (Consolidated) - Key Matrices Particulars (INR Mn) Q3-FY26 Q2-FY26 9M-FY26 FY25 Total Income 21,971 16,070 54,815 66,606 Total expenses 16,516 13,805 44,024 55,930 EBIDTA 5,455 2,265 10,791 10,676 EBIDTA Margins (%) 24.83% 14.09% 19.69% 16.03% Cash PAT 3,427 760 6,014 4,893 Cash Pat Margins (%
Slide 17: Resilient Mix - Consolidated
Resilient Mix - Consolidated Revenue Split 9MFY26 9MFY25 Value Added MDO & Services Products 22% 20% Iron ore Value Added 51% Products Iron ore 27% 80% EBIT Split 9MFY26 9MFY25 MDO & Value Added Services Products 16% 13% Iron ore Value Added 55% Iron ore Products 87% 29% Investor Presentation | Feb
Slide 18: Consolidated Financial Performance
Consolidated Financial Performance Particulars (INR Mn) Q3-FY26 Q3-FY25 Y-o-Y Q2-FY26 Q-o-Q 9M-FY26 9M-FY25 Y-o-Y Total Income 51,553 16,932 204% 37,068 39% 1,12,738 55,601 103% Total expenses 32,989 11,388 190% 26,082 26% 74,964 38,362 95% EBIDTA 18,564 5,544 235% 10,986 69% 37,774 17,239 119% EBID
Slide 19: Strategic Growth Trajectory Across Key Product Verticals
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 6-8 MnT DRI Production 340kt 450-550kt 700kt Steel (WRM) Production - - 0.15-0.2MnT Investor Presentation | Feb 20
Slide 20: Recent Developments
Recent Developments
Slide 21: Tata Steel and LMEL sign MoU for strategic collaboration
Tata Steel and Lloyds Metals and Energy Limited sign MoU to explore strategic collaboration MoU for strategic investment, pellet conversion and long-term integration • Tata Steel investment into BRPL alongside a long-term Pellet Conversion & Offtake arrangement. • Proposed 50.01% acquisition of TPPL
Slide 22: Pellet Conversion Arrangement BRPL
Pellet Conversion Arrangement BRPL A ➢ Exclusive pellet conversion partnership with B 4.7 Mtpa C Beneficiation/ Tata Steel providing dedicated capacity access. Processing Plant (BP) in Barbil ➢ Enables >3.4 MTPA pellet supply for captive mining area steelmaking without greenfield capex. A B C TSL mi
Slide 23: Setting Foothold in the Copper World
Setting Foothold in the Copper world – New growth area Operating assets with defined scale-up visibility LMEL has acquired a 50% interest in an operating copper mining and processing platform in the DRC. The platform combines ready infrastructure, high-grade ore and a clear expansion roadmap. With a
Slide 24: Moving further in Copper and other minerals in newer territories
Moving further in Copper and other minerals in newer territories Exploring possibilities in Bougainville – Panguna Mine Bougainville sits 30 km (18 miles) from the Solomon Islands with a population of 300,000, Bougainville has set a deadline of 2027 to achieve independence from Papua New Guinea, and
Slide 25: Project Updates - Downstream Projects
PROJECT UPDATES- Downstream Projects
Slide 26: Roadmap towards Value Addition
Roadmap towards Value Addition Active Projects Iron Ore BHQ Beneficiation Pellets (Throughput) Existing Post Existing Post Existing Commissioning Expansion 26 MNT - 45 MNT 4 MNT 8 MNT Slurry Pipeline Sponge/DRI Steel (WRM) Existing Line -2 Existing CPP Existing Post Expansion 85kms 195 kms 0.70 MNT
Slide 27: Project Updates
Project Updates Completed Projects As on Jan-2026 Undergoing Projects Slurry Pipeline - 1 Project Mines Pellet Plant - 2 1.2mnt Steel BHQ 30 mnt Throughput & Pellet Plant - 1 DRI plant at Ghughus Pilot Plant 5TPH FY22 – 3 MnT Major Machinery is commissioned completed Progress So Far FY23 - 3.6 MnT W
Slide 28: 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 Land procured, engg in progress, EC in Preliminary engg vendor being short Progress So Far completed, ROW approval in progre
Slide 29: Integrated Slurry Evacuation Platform
Integrated Slurry Evacuation Platform 10 MTPA Already commissioned slurry pipeline from Hedri to Konsari which 85 Kms long 11 MTPA New Slurry Pipeline from Hedri to Chandrapur Chandrapur Stockyard which is 171 Kms Stockyard long 5 MTPA New Slurry Pipeline from Chandrapur Stockyard to Ghugus which is
Slide 30: Integrated Slurry Evacuation Platform
Integrated Slurry Evacuation Platform Internal Consumption Surjagarh Iron ore Mine Hedri Plant Konsari Plant Chandrapur Stockyard Ghugus Plant From Hedri, the company is Iron ore from the Surjagarh mine is The network will extend from developing a new slurry pipeline to moved through a pipeline netw
Slide 31: 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 32: Industry Overview
Industry Overview
Slide 33: 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 34: 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 35: 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 36: 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. 35
Slide 37: Fostering the Development of Sustainable Institutions
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 38: Sustainable Business Practices - LRVN School
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 | Feb 2026 www.lloyds.in 37
Slide 39: Sustainable Business Practices - GD Goenka School
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 | Feb 2026 www.lloyds.in 38
Slide 40: Gadchiroli District Premier League 2025
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 41: Industrial Lloyds Cup and Run for Fun
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 42: Sustainable Business Practices - HR KPIs and ESOPs
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 43: LMEL at Glance
LMEL at Glance Integrated Allocated Iron Ore Mine, Mine lease is valid till Forward Integrating 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 subsidy
Slide 44: Strategically Located Facilities
Strategically Located Facilities The Surjagarh Iron Ore Mine (SIOM) is strategically At LLOYDS METALS, we redefine customer service located in the centre of India, equidistant from with our game-changing promise of Door-To-Door most steel plants. Delivery District Map of Chandrapur District Map of G
Slide 45: Financial Overview
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Slide 46: Consolidated Historical Income Statement
Consolidated Historical Income Statement Particulars (INR Mn) FY23 FY24 FY25 9M-FY26 Total Income 34,667 65,746 67,726 1,12,738 Operating Expenses 25,820 47,934 47,685 74,964 EBIDTA 8,847 17,812 20,041 37,774 EBIDTA Margin (%) 25.52% 27.09% 29.59% 33.51% Depreciation and amortisation expenses 230 49
Slide 47: Consolidated Historical Balance Sheet
Consolidated Historical Balance sheet 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 64,361 (b) Other Equity (including Non 27,604 63,498 81,064 (b) Capital Wor
Slide 48: Consolidated Historical Financial Highlights
Consolidated Historical Financial Highlights Total Income (INR Mn) EBITDA (INR Mn) & EBITDA Margins (%) Adj PAT (INR Mn) 1,12,738 22,985 40,000 37,774 35,000 65,746 67,726 14,499 12,429 30,000 25,000 17,812 20,041 * 9,855 34,667 20,000 33.51% 29.59% 15,000 10,000 25.52% 27.09% 5,000 8,847 - FY23 FY2
Slide 49: Capital Market Information
Capital Market Information 1 YEAR SHARE PRICE MOVEMENT (Up to 31st December 2025) Shareholders Returns 40% 30% 20% Quarterly Yearly 3 Year 10% 429% 0% 11% 29% -10% v 8% v -20% -30% 7% 65% Jan-25 Mar-25 May-25 Jul-25 Sep-25 Nov-25 NSE Metals LMEL NSE Metals LMEL NSE Metals LMEL Lloyds Metals Nifty 50
Slide 50: 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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