Lloyds Metals and Energy Q4 FY26 Results: Record Revenue of ₹17,306 Crore, 100% Dividend Declared — Full Analysis
By Kaushik Brahmakshatriya
Published On 10 June 2026.
Lloyds Metals Q4 FY26 results
Lloyds Metals and Energy Limited (NSE: LLOYDSME) has delivered one of the most remarkable financial performances in its corporate history for the quarter and full financial year ended March 31, 2026. The company posted record-breaking numbers across revenue, profit, and margins — firmly establishing itself as one of India’s fastest-growing integrated mining and metals companies. Let us break down everything you need to know.
Company Overview
Lloyds Metals and Energy Limited is a Surjagarh-based iron ore mining and steel manufacturing company with rapidly expanding operations across India and now internationally. The company operates through iron ore mining, pellet manufacturing, sponge iron, and power generation segments.
Q4 FY26 Standalone Highlights
For the quarter ended March 31, 2026, Lloyds Metals reported standalone income of ₹4,977 crore (₹49,774 million), representing a massive 310% increase year-on-year. Quarterly EBITDA reached ₹1,678 crore with EBITDA margins expanding to 33.73%, and EBITDA growth coming in at a staggering 498% year-on-year.
Q4 FY26 vs Q4 FY25 — Standalone Performance
| Metric | Q4 FY26 | Q4 FY25 | YoY Growth |
| Total Income | ₹4,977 Cr | ₹1,213 Cr | +310% |
| EBITDA | ₹1,678 Cr | ~₹281 Cr | +498% |
| EBITDA Margin | 33.73% | ~23% | +~10 pp |
| PAT (Standalone) | ₹798 Cr (est.) | ₹190 Cr (est.) | Strong growth |
Full Year FY26 — Annual Performance
On a standalone basis, total income for FY26 reached ₹13,838 crore, a 104% increase year-on-year, while EBITDA grew by 133% to ₹4,673 crore. The EBITDA margin stood at 33.77%, reflecting structural cost efficiencies and a higher share of value-added products.
On a consolidated basis, total income for FY26 reached ₹17,306.40 crore compared to ₹6,774.76 crore in the previous year. Profit after tax for the full year surged to ₹3,828.64 crore.
FY26 vs FY25 — Full Year Consolidated vs Standalone
| Metric | FY26 Consolidated | FY25 Consolidated | FY26 Standalone |
| Total Revenue | ₹17,306 Cr | ₹6,774 Cr | ₹13,838 Cr |
| PAT | ₹3,828 Cr | ₹1,200 Cr | ₹3,194 Cr |
| EBITDA | ~₹5,845 Cr | ~₹2,100 Cr | ₹4,673 Cr |
| EBITDA Margin | 33.8% | ~31% | 33.77% |
| Revenue Growth (YoY) | +104% | — | +104% |
Operational Milestones
Lloyds Metals significantly scaled core operations, with iron ore production reaching 21.96 million tons for the full year — a 120% year-on-year growth. The pellet plant achieved 100% capacity utilization within just four months of commissioning. The company completed mine capacity expansion to 55 million tons at Surjagarh and is progressing on a 195-kilometre slurry pipeline expected to reduce logistics costs by over ₹500 per ton.
Strategic Expansion & Dividend
The Board of Directors recommended a final dividend of 100% (Re. 1 per share of ₹1 face value) for FY2025-26, subject to shareholder approval at the upcoming Annual General Meeting. The board also approved issuance of ₹700 crore in non-convertible debentures and a strategic acquisition in Papua New Guinea to strengthen its global mining presence.
In a major diversification move, the company entered the copper and cobalt sector through a 49% acquisition of the Chemaf Group in the Congo, aligning with a U.S.-led critical mineral strategy and positioning Lloyds Metals as a key global player.
Key Strategic Announcements in FY26
| Announcement | Details |
| Final Dividend | 100% (Re. 1 per share) |
| Non-Convertible Debentures | ₹700 Cr approved (up to ₹3,200 Cr total) |
| Chemaf Acquisition (Congo) | 49% stake — copper & cobalt entry |
| Papua New Guinea Expansion | Stake in Bougainville Copper / Panguna Mine |
| Slurry Pipeline (195 km) | Saves ₹500+/ton in logistics |
| Pellet Capacity Expansion | Target: 8 million tons |
5-Year CAGR Track Record
The company has achieved a 109% CAGR in revenue and a 139% CAGR in profit over the last five years (InvestyWise) — numbers that place Lloyds Metals among the elite growth stories on Dalal Street.
Q&A Section — Investor FAQs
Q1. What was Lloyds Metals’ consolidated revenue for FY26?
Lloyds Metals reported a consolidated revenue of ₹17,306.40 crore for FY26, more than doubling from ₹6,774.76 crore in FY25 — a 104% year-on-year jump.
Q2. How much dividend did Lloyds Metals declare for FY26?
The company declared a 100% final dividend, which means Re. 1 per equity share with a face value of ₹1. This is subject to approval at the Annual General Meeting.
Q3. What is the EBITDA margin of Lloyds Metals in FY26?
The EBITDA margin stood at approximately 33.77%–33.8% on both standalone and consolidated basis, reflecting improved product mix and operational efficiency.
Q4. What are Lloyds Metals’ future expansion plans?
The company plans to expand pellet capacity to 8 million tons, complete a 195-km slurry pipeline, enter the global copper-cobalt market through Chemaf (Congo), and explore mining at Panguna Mine in Papua New Guinea.
Q5. Is Lloyds Metals a good stock to track post Q4 FY26 results?
Based on the 104% revenue growth, 33.8% EBITDA margin, global diversification, and robust capacity additions, the company presents a strong operational outlook for FY27. However, investors should consult a SEBI-registered financial advisor before making any investment decisions.
Conclusion
Lloyds Metals and Energy’s Q4 and full-year FY26 results are nothing short of transformational. From tripling its production to entering global copper-cobalt markets, the company has set an ambitious growth trajectory for FY27. With an investment pipeline of ₹13,500 crore and strong earnings momentum, LLOYDSME is firmly on every serious investor’s watchlist.Disclaimer: This article is for informational purposes only and does not constitute investment advice. Please consult a SEBI-registered financial advisor before investing.
