Lloyds Metals & Energy Ltd. · NSE:LLOYDSME
Lloyds Metals & Energy — H1 FY2027 Earnings Presentation
56 slides from Lloyds Metals & Energy's earnings presentation, Nov 3, 2026
Slide 1: Exchange intimation: Earnings Presentation for Q2 & H1FY27
03rd November, 2026 To, BSE Limited National Stock Exchange of India Limited Corporate Services Department Corporate Communications Department Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400001 Bandra (East), Mumbai - 400 051 BSE Scrip Code: 512455 NSE Sym
Slide 2: Lloyds Metals & Energy Ltd. Investor Presentation
Lloyds Metals & Energy Ltd. Investor Presentation | November 2026 © Lloyds Metals and Energy 2026
Slide 3: Expanding Horizons, Deepening Strengths
Expanding Horizons, Deepening Strengths Bridging India's Dreams, Forging a New Steel City on the Map Touching Lives in Vidarbha by Driving Change and Progress LMEL is building world-class assets in steel manufacturing, revolutionising iron ore mining and beneficiation, aligning with the nation's ste
Slide 4: Great Place To Work
@ Great Place To Work. A reflection of our people-first culture built on Certified trust, respect, and collaboration. ee We’re certified asa Great Place To Worke Our Workplace. Our Pride.
Slide 5: Q2 FY27 Sustainability Performance
Q2 FY27 Sustainability Performance Driving Sustainability, Delivering Profitability Diversified 39 MW RE in operation and ~67 MW PPA and SSHA (Solar 21 MW off-grid rooftop and 153 MW RTC RE hybrid and 15 Power Mix 85+ MW under commissioning + Wind) finalised floating solar PPA finalised MW wind RFQ
Slide 6: Result Highlights
Result Highlights Sustainable growth
Slide 7: Standalone H1: Record Revenue, EBITDA and PAT
Standalone H1: Record Revenue, EBITDA and PAT Revenue 54,129 EBITDA & EBITDA Margins PAT 62% YoY 21,202 15,269 49,129 +83% YoY +84% YoY 41,320 16,144 38,398 15,380 10,656 11,119 12,814 8,886 25,480 8,417 6,056 39.2% 37.2% 33.0% 33.4% 32.9% Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Q2FY26 Q3FY26 Q4FY26 Q1FY
Slide 8: Q2 & H1 FY27 Highlights - Standalone
Q2 & H1 FY27 Highlights - Standalone Strong Growth Backed by Operating Leverage and Mix Improvement H1FY27 Financial • Revenue from Operations for Q2FY27/H1FY27 stood at INR 41,320 Mn/INR 95,449 Mn, registering a sharp 62%/94% YoY growth respectively.. Performance • EBITDA for Q2FY27/H1FY27 came in
Slide 9: Q2 & H1 FY27 Highlights - Consolidated
Q2 & H1 FY27 Highlights - Consolidated Consolidated Growth Driven by Volumes and Product Mix • Revenue from Operations reached INR 56,725 Mn in Q2FY27 and INR 128,226 Mn in H1FY27 Financial H1FY27, up 55% and 112% YoY respectively. • EBITDA reached INR 18,035 Mn in Q2FY27 and INR 45,956 Mn in H1FY27
Slide 10: Q2FY27 Key Performance Update
Q2FY27 Key Performance Update Iron Ore DRI & Power Pellets ▪ Iron ore production volume for Q2-FY26 Financial Q2FY27/H1FY27 stood at 3.95 ▪ DRI Sales Volume: DRI Q2FY27/H1FY27 volumes stood at ▪ Pellets Production for Q2FY27/H1FY27 stood at 2.11 MnT/3.81 Performance MnT/10.00 MnT, exhibiting a growt
Slide 11: Quarterly Product wise Performance
Quarterly Product wise Performance Total Iron Ore Value Added Products 54,129 33,147 28,415 33.78% 39.17% 41,320 37.89% 20,982 33.67% 34.26% 33.85% 38.57% 37.23% 25,734 21,202 11,996 41.18% 13,758 12,561 12,901 10,961 15,382 8,641 8,693 4,632 4,420 4,061 Q2FY26 Q1FY27 Q2FY27 Q2FY26 Q1FY27 Q2FY27 Q2F
Slide 12: Quarterly Product Mix- Increasing VAP share
Quarterly Product Mix- Increasing VAP share MINING STEEL AND RELATED VAP Revenue Split Q2FY26 Q1FY27 Q2FY27 43% 39% 39% 57% 61% 61% EBIT Split Q2FY26 Q1FY27 Q2FY27 40% 33% 49% 51% 60% 67% Investor Presentation | November 2026 www.lloyds.in 11
Slide 13: Half-Yearly Product wise Performance
Half-Yearly Product wise Performance Total Iron Ore Value Added Products 46,047 95,444 49,397 33.67% 34,649 36.88% 38.33% 29.51% 39.68% 35.49% 49,838 36,584 16,981 12,296 19,602 15,189 16,780 4,483 H1FY26 H1FY27 H1FY26 H1FY27 H1FY26 H1FY27 Revenue (INR Mn) EBITDA (INR Mn) EBITDA Margins Revenue (INR
Slide 14: Half-Yearly Product Mix- Increasing VAP share
Half-Yearly Product Mix- Increasing VAP share MINING STEEL AND RELATED VAP Revenue Split H1FY26 H1FY27 29% 50% 50% 71% EBIT Split H1FY26 H1FY27 26% 49% 51% 74% Investor Presentation | November 2026 www.lloyds.in 13
Slide 15: Standalone Financial Performance
Standalone Financial Performance Particulars (INR Mn) Q2-FY27 Q2-FY26 Y-o-Y Q1-FY27 Q-o-Q H1FY27 H1FY26 Y-o-Y Revenue from Operations 41,320 25,480 62% 54,129 (24%) 95,449 49,279 94% Total expenses 25,940 17,063 52% 32,927 (21%) 58,867 33,060 78% EBIDTA 15,380 8,417 83% 21,202 (27%) 36,582 16,219 12
Slide 16: Strategic Growth Trajectory Across Key Product Vertical
Strategic Growth Trajectory Across Key Product Vertical Product Category FY26 Actual FY27 Guidance Iron Ore Production 21.96 MnT 26 MnT Pellet Production 3.03 MnT 7.75-8 MnT DRI Production 484 KT 825 KT Steel (WRM) Production - Q4FY27 Commissioning Copper 2.5 KT 8-10 KT Investor Presentation | Novem
Slide 17: TEIPL H1 FY27 Financial Performance
Thriveni Earthmovers and Infra Private Limited (TEIPL) Gadchiroli Operations • During the last two quarters, the mine achieved a dispatch of 11.02 million tonnes H1 FY27 Financial (MT), taking the total dispatch to 13.48 million tonnes (MT) to date. • Green fleet deployment is being implemented thro
Slide 18: Q2FY27 Highlights - TEIPL Odisha Operations
Q2FY27 Highlights- Thriveni Earthmovers and Infra Private Limited (TEIPL) Odisha Operations • MGM has been awarded a 5-star rating. • Operations have commenced at the Tata Joda West Manganese Mines. • Production at DCJ commenced in October 2026. • Operations are expected to commence shortly at the T
Slide 19: Q2FY27 Highlights - TEIPL Operational Performance
Q2FY27 Highlights- Thriveni Earthmovers and Infra Private Limited (TEIPL) Q2-FY27 - Operational Performance Highlights • OB Removal: Achieved 141.4 lakh BCM, registering 15.04% YoY growth over Q2 FY 2025-26 and exceeding the quarterly budget by 14.03%. • Coal Production: Achieved 34.4 lakh tonnes •
Slide 20: TEIPL (Consolidated) - Key Matrices
TEIPL (Consolidated) - Key Matrices Particulars (INR Mn) Q2-FY27 Q2-FY26 Y-o-Y Q1-FY27 Q-o-Q H1FY27 H1FY26 Y-o-Y Revenue from Operations 19,364 15,908 22% 26,719 (29%) 46,082 32,295 43% Total expenses 17,108 13,805 24% 20,138 (17%) 37,246 27,507 35% EBIDTA 2,256 2,103 7% 6,581 (66%) 8,836 4,788 85%
Slide 21: Copper Snapshot Q2FY27
Copper Snapshot Q2FY27 Q2FY27 UPDATE Particulars ($ Mn) Q2FY27 ▪ Production at Surya mines facing headwinds with shortage Total Copper Produced (in tonnes) 1636 of high-grade ore feed from own mines. ▪ Challenges in economics given high Sulphuric acid prices, Total Income 19.78 supply chain disrupti
Slide 22: Resilient Mix - Consolidated
Resilient Mix - Consolidated MINING STEEL AND RELATED VAP MDO OPERATION & OTHER RELATED SERVICES Revenue Split COPPER & RELATED PRODUCT Q2FY26 Q1FY27 Q2FY27 2% 5% 22% 37% 36% 32% 40% 29% 45% 27% 26% EBIT Split Q2FY26 Q1FY27 Q2FY27 -2% 9% 1% 11% 23% 29% 46% 47% 43% 32% 61% www.lloyds.in 21
Slide 23: Resilient Mix - Consolidated
Resilient Mix - Consolidated MINING STEEL AND RELATED VAP MDO OPERATION & OTHER RELATED SERVICES Revenue Split COPPER & RELATED PRODUCT H1FY26 H1FY27 3% 24% 32% 30% 54% 22% 35% EBIT Split H1FY26 H1FY27 6% -1% 17% 24% 40% 70% 43% www.lloyds.in 22
Slide 24: Consolidated Financial Performance
Consolidated Financial Performance Particulars (INR Mn) Q2-FY27 Q2-FY26 Y-o-Y Q1-FY27 Q-o-Q H1-FY27 H1-FY26 Y-o-Y Revenue from Operations 56,725 36,521 55% 71,501 (21%) 1,28,226 60,356 112% Total expenses 38,690 26,241 47% 43,581 (11%) 82,270 42,019 96% EBIDTA 18,035 10,280 75% 27,920 (35%) 45,956 1
Slide 25: Recent Developments
Recent Developments
Slide 26: Katanga Copper Belt: three assets, one growth corridor
Katanga Copper Belt: three assets, one growth corridor THREE OPERATING NODES 1 Mutoshi Mine / Project KOLWEZI 50,000 TPA copper | 16,000 TPA cobalt Input ore Feed basis 1.1 - 1.3% Cu; 0.2-0.3% Co 2 Etoile Mine / Project LUBUMBASHI 24,000 TPA copper | 4,000 TPA cobalt Input Ore Feed basis: 1.6 - 2.0%
Slide 27: Mineral Resource Details
Mineral Resource Details Copper Gold Mt grade grade Copper Gold 1 Agreements & Government Relations (%) (g/t) (Mt) (Moz) Mines Preparatory works commencement by ABG on 7 August Measured & 1,538 0.30 0.33 4.6 16.1 Indicated 2 Workforce & Employment Inferred 300 0.30 0.40 0.7 3.2 More than 95% workfor
Slide 28: Panguna Partnership Structure
Panguna (Autonomous Bougainville Govt) Partnership Structure A government-led framework, with landowners and communities positioned as long-term owners ABG BML LPMEL Autonomous Bougainville Government Bougainville Minerals Ltd: 100% owned by the Lloyds Panguna Metals & Energy Ltd: preferred ABG; hol
Slide 29: Panguna in Motion: Community, Construction, Commitment
Panguna in Motion: Community, Construction, Commitment Community & Landowner Learning & Development Academy Hospital Construction Progress Morgan Camp Accommodation Engagement Geotechnical Site Inspection Youth Soccer Tournament Community Sports Awards ABG Mining Lease Handover Investor Presentation
Slide 30: Tata Steel Partnership
Tata Steel Partnership: Stable income and rising aspirations for a bright future BRPL's Slurry Pipeline and Pelletisation assets (Odisha) shifting from a single stable-income business to a multi-engine growth platform integrating MDO and logistics projects for minerals Tata Steel - Lloyds Metals MoU
Slide 31: Project Updates - Downstream Projects
PROJECT UPDATES- Downstream Projects
Slide 32: Roadmap towards Value Addition
Roadmap towards Value Addition Iron Ore BHQ Beneficiation Pellets Copper (Throughput) Existing Existing Post Existing Post Existing Post Commissioning Expansion Expansion 26 MNT 12,000 1,00,000 TPA - 45 MNT 8 MNT 12 MNT TPA Slurry Pipeline DRI/Power Steel (WRM) Cobalt Post Existing Existing Post Exp
Slide 33: Project Updates
Project Updates Completed Projects Undergoing Projects Slurry Pipeline - 1 Project Mines Pellet Plant - 2 1.2mnt Steel BHQ 30 mnt Throughput & Pellet Plant - 1 DRI plant at Ghughus Pilot Plant 5TPH FY22 – 3 MnT 4MNT is commissioned completed Progress So Far FY23 - 3.6 MnT Work Completed Commissioned
Slide 34: Project Updates - Future Projects
Project Updates Future Projects Pellet Plant – 3 Project Slurry Pipeline 195 kms Integrated Steel Plant BHQ Beneficiation of 15MNT Survey work completed, preliminary Land procured, engineering in progress, EC Land procurement completed. Progress So Far engineering completed, ROW approval in in hand.
Slide 35: Integrated Slurry Evacuation Platform
Integrated Slurry Evacuation Platform 10 MTPA Already commissioned slurry pipeline from Hedri to Konsari which 85 Kms long 11 MTPA New Slurry Pipeline from Hedri to Chandrapur Chandrapur Stockyard which is 171 Kms Stockyard long 5 MTPA New Slurry Pipeline from Chandrapur Stockyard to Ghugus which is
Slide 36: Integrated Slurry/Iron Ore Evacuation Platform
Integrated Slurry/Iron Ore Evacuation Platform INTERNAL CONSUMPTION | PRIMARY EVACUATION CORRIDOR Surjagarh Hedri Konsari Chandrapur Ghugus Iron Ore Mine Plant Plant Stockyard Plant ↓ External sales MINE → HEDRI HEDRI → KONSARI KONSARI → CHANDRAPUR Ore from Surjagarh moves through a New ≈99 km pipel
Slide 37: Driving Cost Optimisation Across the Value Chain
Driving Cost Optimisation Across the Value Chain ▪ All of these initiatives have started showing results Acquisition of Thriveni MDO Operations in this quarter with a ~635 bps increase in EBITDA margin both YoY and QoQ. Slurry Pipeline ▪ 85kms-10mnt- From Hedri to Konsari ▪ Per tonne savings on iron
Slide 38: Industry Overview
Industry : Overview —
Slide 39: Iron Ore Supply Coming at Higher Premiums
Iron Ore Supply Coming at Higher Premiums 161 127 210 258 376 FY 23 Crude Steel Capacity Crude Steel Iron Ore Req. (MTPA) Iron Ore Prod (MTPA) Iron Ore EC (MTPA) (MTPA) Production(MTPA) 242 210 404 350 525 FY 30 Case – I Crude Steel Capacity Crude Steel Iron Ore Req. (MTPA) Minimum Iron Ore Minimum
Slide 40: Iron Ore Supply Coming at Higher Premiums
Iron Ore Supply Coming at Higher Premiums Avg. auction premium Year (% of IBM notified prices) Number of Mines due for Estimated total production Year Auction capacity (MTPA) 2016 86.14 2017 93.62 2018 98.98 2026 6 5 2019 85.92 2020 115.15 2027 3 2 2021 116.58 2029 2 17 2022 114.62 2023 178.61 2030
Slide 41: ESG Performance
ESG Performance We define growth not just by our business success but by the positive impact we create empowering communities, enriching lives, and shaping a sustainable future. Green Mining Community First Implementing electric solutions across In FY 26, over $19.06 Million invested through CSR ent
Slide 42: CSR Initiatives
CSR Initiatives Lloyds Infinite Foundation, the social development arm of Lloyds Metals leads the community development initiatives in the operating locations of Lloyds Metals. Investor Presentation | November 2026 www.lloyds.in 41
Slide 43: Fostering the Development of Sustainable Institutions
Fostering the Development of Sustainable Institutions for Long-Term Growth Empowering Communities Beyond CSR – Aligning Growth with Government Vision & Sustainable Mining Free Medical Service 24x7 Dispensary and Industrial Security Garment Unit Ambulance Service Academy Simulator training Women HEMM
Slide 44: Sustainable Business Practices: LRVN School, Hedri
Sustainable Business Practices LRVN School, Hedri ▪ Educational institution set up near the mines to deliver ▪ Offered from Pre nursery till ▪ Hostel facility for 600 high-quality education. 12th Standard. students. Investor Presentation | November 2026 www.lloyds.in 43
Slide 45: Sustainable Business Practices: GD Goenka Lloyds Public School
Sustainable Business Practices GD Goenka Lloyds Public School, Ghughus ▪ Educational institution set ▪ Offering CBSE course to up near Plants more than 150+kids. Investor Presentation | November 2026 www.lloyds.in 44
Slide 46: Sustainable Business Practices: Gadchiroli District Premier League
Sustainable Business Practices Gadchiroli District Premier League 2025 (GDPL 2025) Lloyds Metals & Energy Ltd. (LMEL) proudly organised the Gadchiroli Premier League (GPL) 2025 under its CSR activities as part of its ongoing commitment to community development and youth empowerment. Held from Januar
Slide 47: Sustainable Business Practices: Lloyds Cup and Run for Fun
Sustainable Business Practices Industrial Lloyds Cup at Chandrapur Run for Fun: A 5KM Celebration of Fitness & Unity! The Industrial Lloyds Cup was successfully organized in Surjagarh, 1st Dec, 2024: We proudly hosted a 5 KM Marathon February 2025, bringing together leading industrial and that broug
Slide 48: Sustainable Business Practices: HR KPIs and ESOPs
Sustainable Business Practices 01. Key HR KPI’s 02. ESOPS for All 03. Employee Welfare ▪ Attrition rates are c.13% in ▪ ESOPS for all Employees ▪ Marriage and Child Birth- 1 FY26 from 24% in FY22 across ALL RANKS month gross salary ▪ Skill development ▪ Average tenure of employees; ▪ ESOPS have been
Slide 49: LMEL at Glance
LMEL at Glance Integrated Allocated Iron Ore Mine, Mine lease is valid till Forward Integrating Operations thereby saving outflow CY2057 into 12mnt Pellet and on premium royalty Iron ore Reserves 4.2mnt Steelmaking ▪ DSO-157mnt ▪ BHQ-706mnt Strong Balance All the expansion plans IPS (capital subsidy
Slide 50: Strategically Located Facilities
Strategically Located Facilities The Surjagarh Iron Ore Mine (SIOM) is strategically At LLOYDS METALS, we redefine customer service located in the centre of India, equidistant from with our game-changing promise of Door-To-Door most steel plants. Delivery District Map of Chandrapur District Map of G
Slide 51: Financial Overview
Financial Overview Se '® | LLOYDS METALS
Slide 52: Consolidated Historical Income Statement
Consolidated Historical Income Statement Particulars (INR Mn) FY24 FY25 FY26 H1-FY27 Revenue from Operations 65,217 67,211 1,71,127 1,28,226 Operating Expenses 47,934 47,653 1,09,725 82,270 EBIDTA 17,283 19,558 61,402 45,956 EBIDTA Margin (%) 26.50% 29.10% 35.88% 35.84% Other Income 529 537 1,937 1,
Slide 53: Consolidated Historical Balance sheet
Consolidated Historical Balance sheet Particulars (INR Mn) FY25 FY26 H1-FY27 Particulars (INR Mn) FY25 FY26 H1-FY27 Equity Non-Current Assets (a) Property, Plant and Equipment 15,315 99,925 1,25,760 (a) Equity Share Capital 523 563 563 (b) Capital Work in Progress 41,811 1,39,461 1,81,743 (b) Other
Slide 54: Consolidated Historical Financial Highlights
Consolidated Historical Financial Highlights Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margins (%) PAT (INR Mn) 70000 61,402 38,286 1,71,127 60000 50000 35.88% 40000 26.53% 29.10% 65,247 67,211 12,429 14,553 19,558 30000 20000 17,266 10000 0 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 Net D/E (x) A
Slide 55: Capital Market Information
Capital Market Information 1 YEAR SHARE PRICE MOVEMENT (Up to 30th September, 2026) Shareholders Returns 80% 60% 3 Year 40% Quarterly Yearly 4% 245% 20% 54% v v 0% 2% 27% 87% -20% Oct-25 Dec-25 Feb-26 Apr-26 Jun-26 Aug-26 NSE Metals LMEL NSE Metals LMEL NSE Metals LMEL Lloyds Metals Nifty 50 Nifty M
Slide 56: Disclaimer
Disclaimer Lloyd’s Metals & Energy Limited (LMEL) Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and
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