Lloyds metals & energy Limited announced outstanding Q3FY26 consolidated financial results on February 3, 2026, demonstrating exceptional growth with consolidated net profit reaching ₹10.90 billion compared to ₹3.90 billion in the corresponding period last year. The company's revenue performance was equally impressive, climbing to ₹49.10 billion from ₹16.70 billion year-over-year, reflecting the success of its strategic expansions and operational excellence.

Consolidated Financial Performance

The latest consolidated results showcase remarkable financial strength across all key metrics. The company's diversified business model and strategic initiatives have translated into substantial value creation for stakeholders. The EBITDA performance was particularly noteworthy, reaching ₹17.60 billion compared to ₹5.36 billion in the previous year, representing a substantial 228% growth.

Second Slurry Pipeline Project Receives Green Light

Lloyds Metals and Energy has received approval for its ambitious Second Slurry Pipeline Project, designed to boost affordable iron ore transport from Hedri to Maharashtra Port. This strategic infrastructure initiative will enhance connectivity to various steel hubs, significantly improving the company's logistics capabilities and cost efficiency in iron ore transportation.

Strategic Business Expansions Drive Growth

The company's robust performance is supported by several major strategic initiatives approved during the board meeting held on February 3, 2026. These expansions are designed to strengthen market position and enhance operational capabilities across key business segments.

Pellet Plant Capacity Enhancement

The board approved significant capacity increases for both Pellet Plant-1 and Pellet Plant-2 at Konsari, enhancing each facility from 4 MTPA to 5 MTPA through advanced debottlenecking and process technological improvements.

Global Expansion and Subsidiary Formation

The board approved the incorporation of a wholly owned subsidiary in Maharashtra with an estimated capital outlay of ₹252 crores. The subsidiary will serve as a mission-driven institutional platform for structured skilling, leadership, entrepreneurship, and employment-linked programs.

Segment Performance Analysis

The company's diversified operations demonstrated strong performance across key business segments, with both mining and steel products contributing significantly to overall profitability.

The mining segment continues to be a major profit contributor, while the steel and related value-added products segment shows robust growth in both revenue generation and margin expansion, positioning the company well for sustained growth.

Thriveni Earthmovers Private Limited has released a pledge on 51,65,000 equity shares of lloyds metals & energy Limited, representing 0.95% of the company's paid-up share capital. The disclosure was made to BSE Limited and National Stock Exchange of India Limited on February 2, 2026, in compliance with SEBI takeover regulations.

Pledge Release Details

The pledge release involves 51,65,000 equity shares of Lloyds Metals and Energy Limited held with Bajaj Finance Limited. The transaction was executed under an Unattested Pledge Agreement dated August 21, 2024, between Thriveni Earthmovers Private Limited as the pledgor and borrower, and Bajaj Finance Limited as the pledgee and lender.

Updated Encumbrance Position

Following this pledge release, Thriveni Earthmovers' encumbered shareholding in Lloyds Metals and Energy has decreased significantly. The company's total encumbered shares now stand at 3,29,10,892, representing 6.04% of the total share capital, compared to the previous encumbered holding of 3,80,75,892 shares.

Promoter Group Holdings

The disclosure provides a comprehensive view of other promoter group holdings in Lloyds Metals and Energy. Key promoter entities include Crosslink Food and Farms Private Limited holding 6,55,58,548 shares (12.04%) with 89,65,409 shares (1.65%) encumbered, Sky United LLP with 7,34,54,636 shares (13.49%), and Lloyds Metals and Minerals Trading LLP holding 3,57,41,529 shares (6.57%).

Individual promoters include Ravi Agarwal with 1,19,07,240 shares (2.19%), Madhur Rajesh Gupta holding 96,00,000 shares (1.76%), and Shreekrishna M Gupta with 96,02,000 shares (1.76%). Most other promoter entities currently have no encumbered shares.

Regulatory Compliance

The disclosure was made pursuant to Regulation 31(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011. Riya Jain, Company Secretary of Thriveni Earthmovers Private Limited, signed the disclosure document on behalf of the company from Mumbai on February 2, 2026.