Lloyds Metals and Energy share price hit a new high of ₹1,867, gaining 4% on the BSE in Tuesday's intra-day trade on healthy outlook. According to reports from Business Standard, the stock price surpassed its previous high of ₹1,862.90 touched on May 6, 2026, and quoted higher for the fourth straight trading day, surging 13% during the period. The market price of the industrial minerals company has bounced back 79% from its 52-week low of ₹1,044 hit on February 2, 2026.
As reported by Business Standard, Lloyds Metals reported its highest-ever quarterly/yearly revenue, EBITDA and PAT on a standalone basis for the quarter and year ended March 31, 2026. Total income for Q4FY26/FY26 stood at ₹4,977 crore/₹13,837.8 crore, registering a sharp 310% year-on-year growth in Q4 and 104% YoY growth for the full year. EBITDA for Q4FY26/FY26 came in at ₹1,678.8 crore/₹4,673 crore, grew 498% YoY in Q4 and 133% YoY in FY26. EBITDA margins expanded to 33.73% in Q4FY26 (+1,058 bps YoY) and 33.77% in FY26 (+418 bps YoY), reflecting strong operating leverage. Growth was driven by higher iron ore Environmental Clearance (EC) limits, faster ramp-up of the pellet plant, and improved sponge iron volumes, with commissioning of the slurry pipeline enabling smoother evacuation and improved throughput.
According to Choice Broking, Lloyds Metals is structurally shifting from a pure mining play to a higher-margin, integrated metals platform. As reported by Business Standard, the management has laid out a clear, high-velocity roadmap with FY27E production guidance at 26 MnT for Iron Ore and ~8 MnT for Pellets, ensuring top-line momentum remains resilient. With mine leases secured until 2057, Lloyds Metals is positioned as a 30-year annuity on India's infrastructure build-out, with current reserves providing around 15 years runway at an aggressive production rate. The company is pioneering large-scale beneficiation of Banded Hematite Quartzite (BHQ), a historically underutilised resource, with ~706 MT of BHQ reserves and strong pilot outcomes showing iron grade >66% and yield 38-40%. This initiative will establish 45 MTPA of beneficiation capacity through a strategic joint venture with Sinosteel Equipment and Engineering Co Ltd.
As reported by Business Standard, Crisil Ratings assigned its 'Crisil A1+' rating to the short-term bank facilities of Lloyds Metals and Energy and reaffirmed its 'Crisil AA/Stable' rating on the long-term bank facilities and non-convertible debentures (NCDs). The ratings reflect the company's strong and improving business risk profile, supported by its leading position in the iron ore mining industry and significant cost advantages due to allocation-based mine resulting in lower royalty payments. Choice Institutional Equities maintains a 'BUY' rating on Lloyds Metals with a revised SoTP-based target price of ₹2,075. The brokerage notes that margins benefited from operating leverage via higher mining volume, better fixed cost absorption and improvement in value-added mix, with pellets delivering superior margins compared with merchant iron ore.
