Lloyds Metals And Energy Limited — Investor Meet, 18-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Lloyds Metals & Energy (LMEL) reported robust Q1 FY26 financial results: Total Income stood at INR 2,408.4 Cr (+99% QoQ), EBITDA at INR 808.7 Cr (+188% QoQ) with 33.6% margins, and PAT at INR 634.6 Cr. Key operational milestones include commissioning a 4 Mn ton pellet plant and pipeline. The company secured Environmental Clearance for mining expansion to 26-55 Mn tons. The acquisition of Thriveni's MDO operations is complete and will consolidate from Q2 FY26, enhancing margins. LMEL is confident in achieving its FY26 iron ore mining target of 22 Mn tons. Management highlighted ongoing progress in steel and pellet projects, with annual capex for the next three years expected at INR 7,500-8,000 Cr. LMEL is also exploring new mineral opportunities. The company maintains a confident outlook on its growth trajectory and operational efficiency.