Lloyds Metals and Energy Limited reported a robust performance for the financial year ended March 31, 2026. The company achieved a consolidated annual profit of ₹3,828.64 crore, marking a significant increase over the previous year. Alongside record financial results, the board approved a 100% final dividend of ₹1 per share, announced new debenture issuances up to ₹3,200 crore, and unveiled a strategic international expansion into Papua New Guinea through a new step-down subsidiary.
Record Financial Performance
The company delivered exceptional financial growth, with consolidated net profit reaching ₹3,828.64 crore for the year ended March 31, 2026. Annual consolidated revenue climbed to ₹17,306.40 crore, reflecting strong operational momentum in its core mining and steel segments. For the final quarter, consolidated net profit stood at ₹1,530.10 crore, highlighting the company’s sustained productivity and profitability.
Shareholder Returns and Capital Strategy
Demonstrating commitment to shareholder value, the board has recommended a 100% final dividend of ₹1 per share for the 2025-26 financial year, subject to member approval at the upcoming Annual General Meeting. Additionally, the company is strengthening its capital structure with the approval to issue non-convertible debentures in multiple tranches, including an issuance of up to ₹700 crore for immediate requirements and an enabling approval for up to ₹2,500 crore to support future growth and operational needs.
Strategic Global Expansion
Lloyds Metals is expanding its international footprint by acquiring an equity stake in a Papua New Guinea-based entity, Lloyds Panguna Metals and Energy Limited (LPMEL). This move, executed through its subsidiary Lloyds Global Resources FZCO, positions the company to engage in a long-term cooperation and mining agreement concerning the Panguna Mine. LPMEL will serve as the dedicated vehicle to hold rights, licenses, and joint venture interests in this region.
Leadership Continuity
To ensure long-term strategic guidance, the board has approved the re-appointment of Mr. Ramesh Luharuka and Dr. Seema Saini as Non-Executive, Independent Directors for a second term of five consecutive years. Their continued leadership is expected to bolster the company’s corporate governance as it scales its operations both domestically and internationally.
Source: BSE