India · Delayed Price · Currency is INR Lloyds Metals and Energy Earnings Call Transcripts
Fiscal Year 2026
-
Record FY 2026 results with over 100% revenue growth, strong margin expansion, and major operational ramp-up in iron ore, pellets, and DRI. Strategic international copper expansion and robust FY 2027 guidance position the company for continued growth.
-
Record revenue and profitability achieved in Q3 and 9M FY 2026, driven by strong iron ore, pellet, and DRI operations, with robust margins and disciplined CapEx. Expansion into copper mining in DRC and major project pipeline support future growth.
-
Record Q2 and H1 FY 2026 revenues and EBITDA were driven by new pellet and DRI capacities, cost efficiencies, and operational synergies. Debt rose due to Thriveni consolidation and project CapEx, but margins and profitability improved year-on-year. Guidance remains strong for continued growth and margin resilience.
Fiscal Year 2025
-
Q1 FY26 saw strong operational and financial performance, with major project milestones, robust EBITDA and PAT growth, and strategic expansions in mining and pellet capacity. Guidance for 22MT iron ore mining and INR 7,500-8,000 crore annual CapEx remains intact.
-
Record profit before tax and sponge iron output achieved, with 3% revenue and 13% EBITDA growth in FY2025. Major CAPEX projects are on track, and cost-saving initiatives like the slurry pipeline and Triveni integration are expected to drive future margins.
-
Revenue grew 11% and EBITDA rose 31% year-over-year for nine months FY25, driven by record iron ore and sponge iron volumes. Major projects are nearing completion, and the company expects to mine 25 million tons annually pending EC approval, with significant cost savings from MDO integration.
-
Q2 and H1 FY25 saw strong revenue and EBITDA growth, driven by higher iron ore and sponge iron volumes, with major project milestones like the slurry pipeline and beneficiation plant achieved. CapEx remains on track, and cost reductions are expected as new projects come online.
-
Record Q1 FY25 results with 23% revenue and 32% EBITDA growth, driven by highest ever iron ore and DRI production. CapEx and expansion plans are fully funded through recent equity raises, with major projects on track and iron ore production guidance capped at 25 million tons.