Lloyds Metals & Energy has reported its highest ever quarterly and yearly revenue, EBITDA, and Profit After Tax (PAT) for the fourth quarter of the fiscal year 2026. The company announced that the earnings presentation for Q4 and FY26 is now available on its website, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

For Q4 FY26, the company reported a Net Profit of INR 31,943 Mn, a significant increase compared to the previous year. Total Income for the quarter stood at INR 49,774 Mn, registering a sharp 310% year-on-year growth. EBITDA for the quarter came in at INR 16,788 Mn, growing 498% YoY, while EBITDA margins expanded to 33.73% (+1,058 bps YoY).

On a full-year basis, Total Income for FY26 stood at INR 1,38,378 Mn, registering a 104% YoY growth. EBITDA for the year was INR 46,731 Mn, growing 133% YoY, with an EBITDA margin of 33.77% (+418 bps YoY). The company has incurred a capex of INR 1,35,130 Mn during FY24-FY26, with INR 81,310 Mn incurred in FY26 alone.

The following table summarizes the key financial metrics for Q4 FY26:

Operational Highlights

The strong growth was driven by higher iron ore EC limits, faster ramp-up of the pellet plant, and improved sponge iron volumes. The commissioning of the slurry pipeline enabled smoother evacuation of iron ore, improving throughput and asset utilisation. A richer product mix, with a higher contribution from value-added products like pellets, led to meaningful margin expansion.

Iron ore production volume for Q4 FY26 stood at 9.09 MnT, exhibiting a growth of 529% YoY, while sales volume stood at 6.16 MnT (271% YoY). The company also reported the commissioning of its 2nd Pellet Plant in May-26.

Earnings Conference Call Recording

In furtherance to its earlier intimation, Lloyds Metals & Energy informed the exchanges that the audio recording of the earnings conference call held on 06th May, 2026, has been hosted on the company's website. The company confirmed that no Unpublished Price Sensitive Information (UPSI) was disclosed during the call. The intimation was submitted to both BSE Limited and the National Stock Exchange of India Limited in compliance with applicable listing regulations.

Source: Company/INE281B01032/b01f4b3130df499b.pdf

Lloyds Metals & Energy has outlined an aggressive growth roadmap for its Odisha operations, targeting a production volume of 34-35 million tons for FY27. This represents a 39% yearly volume increase, underscoring the company's intent to substantially expand its mining output in the region.

New Mine Launches Driving Expansion

A key driver of this growth strategy is the planned commencement of operations at two new mining sites in Q1 FY27. The following table summarizes the key details of these upcoming operations:

The Dalpahar Mines and Lasarda-Pacheri operations are each expected to contribute meaningfully to the company's overall production targets once they become operational. Together, these two facilities carry a combined production goal of 4.5 million tons per annum, forming a critical component of Lloyds Metals & Energy's FY27 volume ambitions.

Odisha Operations at a Glance

The scale-up in Odisha reflects the company's broader strategy to strengthen its mining operations in one of India's key mineral-rich states. The targeted volume of 34-35 million tons for FY27 would mark a substantial step-up from current production levels, driven primarily by the addition of new mining capacities.

• FY27 Production Target: 34-35 million tons
• Yearly Volume Growth: 39%
• New Operations Starting Q1 FY27: Dalpahar Mines and Lasarda-Pacheri
• Combined New Capacity: 4.5 million tons per annum

The planned launch of Dalpahar Mines and Lasarda-Pacheri in Q1 FY27 positions Lloyds Metals & Energy to achieve its stated volume targets, provided operations commence as scheduled. The 39% targeted growth rate highlights the significance of these new facilities to the company's overall production strategy in Odisha.