Lloyds Metals and Energy to Consider Q2 Results and Fund Raise on November 3

Key numbers

Market Cap	₹1,02,925 CrMetals & Mining
P/E Ratio	21.6Sector: 16.67
Revenue TTM	₹22,083 CrTrailing 12 Months
Promoter Holding	61.61%Latest Quarter

Key highlights

• Board meeting scheduled for November 3, 2026, to approve Q2 and H1 FY27 financial results
• Directors to consider fund-raising via equity, bonds, debentures, or convertible warrants
• Company reported a 208.55 percent YoY jump in Q1 FY27 operating revenue to ₹7,354.4 crore
• Net profit for the quarter ended June 30, 2026, stood at ₹1,726.59 crore, up 169.11 percent YoY
• Trading window remains closed for designated persons until 48 hours after the results announcement

Board Deliberations on Q2 Earnings and Capital Strategy

Lloyds Metals and Energy Limited has notified the exchanges of a board meeting on November 3, 2026. The primary agenda involves reviewing the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. This follows a robust performance in the previous quarter, where the company recorded a 208.55 percent year-on-year increase in operating revenue to ₹7,354.4 crore.

Net profit for the same period reached ₹1,726.59 crore, marking a 169.11 percent growth over the previous year. The trading window for dealing in securities remains closed for designated persons until 48 hours after the announcement.

Evaluating New Capital Infusion Options

Beyond financial results, the board will evaluate a proposal for raising funds through the issuance of equity shares, bonds, debentures, or other equity-linked securities. This consideration comes shortly after the company received board approval on October 14, 2026, for the issuance of Non-Convertible Debentures up to ₹3,000 crore on a private placement basis. The upcoming meeting will consider various permissible modes, including qualified institutional placements and preferential issues.

These fund-raising efforts are designed to support the company's capital requirements following recent strategic moves, such as the ₹606.76 crore acquisition of equity shares in Thriveni Earthmovers and Infra Private Limited.

Operational Milestones and Growth Outlook

• Reported record iron ore production of 10 million tonnes in the first half of FY27
• Management guidance for FY27 iron ore production is anchored at 26 million tonnes
• Targeting pellet production between 7.85 and 8.0 million tonnes for the current fiscal year
• Approval for DRI plant capacity expansions at Ghugus and Konsari involves a ₹190 crore investment
• Expectation for the commencement of operations at the Dalpahar iron ore mine in Q2 FY27
• Current market capitalization stands at ₹1,02,925.34 crore with a 1-year price change of 38.59 percent

What to watch next

• Announcement of Q2 FY27 financial results on November 3, 2026
• Detailed terms and quantum of the proposed fund-raising exercise following board approval
• Commencement of operations at the Dalpahar iron ore mine, targeted for Q2 FY27
• Progress update on the DRI plant capacity expansions at Ghugus and Konsari

Lloyds Metals and Energy · financial snapshot

Share price	₹1828
Market capitalisation	₹1.03L Cr
Revenue (annual)	₹17,112.67 Cr
Net profit (annual)	₹3,680.85 Cr
Revenue (latest quarter)	₹7,354.40 Cr+22.17% vs previous quarter
Net profit (latest quarter)	₹1,726.59 Cr+21.63% vs previous quarter
P/E (TTM)	21.6×Sector 16.67×
Promoter holding	61.61%-0.02% QoQ
FII holding	1.93%Current quarter

Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.