Lloyds Enterprises Limited held its 40th Annual General Meeting on July 9, 2026. Chairman Babulal Agarwal delivered a speech reviewing the financial year 2025-26. Key highlights include consolidated total income of ₹2,200 crores, standalone profit after tax soaring to ₹268 crores, and successful completion of a Rights Issue. The company also announced strategic acquisitions and a merger scheme to enhance operational efficiencies and shareholder value.
Lloyds Enterprises Celebrates 40th AGM, Unveils Robust FY26 Performance
On July 9, 2026, Lloyds Enterprises Limited convened its 40th Annual General Meeting (AGM). Chairman and Managing Director, Mr. Babulal Agarwal, delivered an address highlighting the company’s significant achievements during the financial year 2025-26 and outlining its strategic vision for the future. The speech emphasized the company’s resilience, growth, and unwavering commitment to its stakeholders.
Financial Highlights of FY26
Mr. Agarwal presented a comprehensive overview of the company’s financial performance. At the consolidated level, Lloyds Enterprises Limited achieved a total income of approximately ₹2,200 crores for FY26, with standalone income reaching about ₹800 crores. Key financial indicators showed substantial improvement:
- Income from sale of rights, shares, dividends, interest, and other financial activities stood at ~₹349 crores, a significant increase from ~₹33 crores in FY25.
- Standalone Profit After Tax saw a dramatic improvement, climbing to ₹268 crores from ₹16 crores in FY25.
- Trading income was recorded at ~₹463 crores, with exports contributing ~₹70 crores.
A notable achievement for the year was being awarded the prestigious steel pipe supply tender by GAIL (India) Limited.
Strategic Growth Initiatives and Acquisitions
The company has been actively pursuing strategic growth initiatives, including:
- Lloyds Realty Developers Limited: Expanding its presence in the Mumbai Metropolitan Region with nearly 14 million square feet of upcoming projects. The business is set for a listing to unlock its full potential.
- Lloyds Engineering Works Limited: This subsidiary reported its highest-ever revenue and profit after tax in FY26, maintaining a robust order book of approximately ₹8,000 crores.
- Geomysore Services (India) Pvt. Ltd.: Lloyds Enterprises holds a 31% stake in this company, which operates India’s first private gold mine post-independence. The mine has commenced production and is expected to produce approximately 600 kilograms of gold in FY27.
- Lloyds Metals and Energy Limited: The company’s flagship mining and metals arm continues to strengthen its position. Lloyds Enterprises holds a 4.13% stake and has diversified into the copper sector through an acquisition in the Democratic Republic of Congo (DRC).
Further strengthening its portfolio, the company recently announced acquiring a strategic stake in Steel Infra Solutions Company Limited (SISCOL), which will give the Lloyds Group control of around 88% of SISCOL. SISCOL boasts reputable clients such as L&T, Tata Projects, and Adani Power.
Corporate Developments and Shareholder Value
Other significant developments during the year include:
- Successful completion of its Rights Issue of partly paid-up equity shares, reflecting strong shareholder confidence.
- Approval and implementation of a Scheme of Merger among group entities to enhance operational efficiencies and optimize resource utilization.
- Introduction of an Employee Stock Option Plan (ESOP) to foster a performance-driven culture.
In recognition of continued shareholder support, the Board recommended a dividend of 5% per share. Mr. Agarwal expressed his heartfelt gratitude to all shareholders, customers, bankers, and employees for their trust and encouragement, stating confidence in scaling new milestones and shaping an even stronger future.
Source: BSE
