Lloyds metals & energy Limited has delivered outstanding operational results for FY26, setting new production records across its key business segments. The integrated metal and mining company, which operates one of India's largest single-location iron ore mines, demonstrated exceptional growth momentum throughout the fiscal year.

Record Iron Ore Production Performance

The company achieved its highest ever iron ore production of 21.96 million tonnes in FY26, representing a substantial 120% year-on-year increase from 10 million tonnes in FY25. This production level represents the maximum output as per Environmental Clearance guidelines.

The fourth quarter performance was particularly impressive, with Q4 FY26 volumes reaching 9.1 million tonnes, representing a remarkable 529% year-on-year increase. The company attributed this robust operational performance to its slurry pipeline infrastructure and swift execution of mining operations.

Enhanced Production Capacity Across Segments

Beyond iron ore, the company demonstrated strong performance across its diversified production portfolio. The Direct Reduced Iron (DRI) segment recorded production of 484,000 tonnes in FY26, compared to 308,243 tonnes in FY25, marking a 57% year-on-year growth.

The DRI performance was supported by the commissioning of a new 360 KTPA DRI facility at Ghugus during Q2 FY26. Notably, six of the company's nine kilns reported their best ever production run rates for FY26.

Pellet Plant Achieves Full Capacity Utilization

The company's 4 MTPA pellet plant delivered exceptional results with production of 3.03 million tonnes in FY26, achieving 100% annualized capacity utilization. The pellet operations showed consistent improvement throughout the year, with March posting the best ever run rate of 0.42 million tonnes following optimization measures implemented at the plant.

Strategic Positioning for Future Growth

The mined ore production excludes 9.2 million tonnes of Banded Hematite Quartzite (BHQ), which the company plans to process once beneficiation plants are commissioned. Looking ahead, the company has anchored plans to produce 26 million tonnes of iron ore in FY27, indicating continued expansion trajectory.

Operational Infrastructure Advantages

Lloyds Metals operates from its Surjagarh mine in Gadchiroli district with an expanded Environmental Clearance capacity of 55 MTPA, including beneficiation capabilities. The company has successfully commissioned an 85 km slurry pipeline from Hedri to Konsari, significantly strengthening its logistics integration and downstream value addition capabilities. With DRI manufacturing capacity of 700,000 TPA spread across two Maharashtra locations, the company maintains a strong integrated operational framework supporting its market position as the largest merchant iron ore miner in Maharashtra.

Lloyds Metals & Energy has reported impressive operational achievements with significant growth in production volumes across its key manufacturing segments. The company demonstrated strong performance in both Direct Reduced Iron (DRI) and pellet production, showcasing enhanced operational efficiency.

Production Performance Overview

The company's operational metrics reflect substantial improvements in manufacturing output and capacity utilisation across different product segments.

DRI Operations Show Strong Growth

The Direct Reduced Iron segment delivered exceptional performance with production reaching 484K tonnes, marking a remarkable 57% year-on-year growth. This substantial increase demonstrates the company's enhanced operational capabilities and improved production efficiency in its DRI manufacturing operations.

Pellet Production Achieves Full Capacity

Lloyds Metals And Energy achieved full capacity utilisation in its pellet operations, producing 3.03 million tonnes. This milestone indicates optimal operational efficiency and the company's ability to maximise output from its existing infrastructure. The achievement of full capacity utilisation reflects strong demand dynamics and effective production management.

Operational Excellence

The strong production numbers across both DRI and pellet segments highlight the company's operational excellence and manufacturing capabilities. The significant growth in DRI production combined with full capacity utilisation in pellet operations positions the company well in the metals and energy sector.