5124552026-07-012026-09-305124552026-09-305124552026-03-315124552026-04-012026-09-305124552026-07-012026-09-30in-capmkt:OtherExpenses1Member5124552026-07-012026-09-30in-capmkt:OtherExpenses2Member5124552026-04-012026-09-30in-capmkt:OtherExpenses1Member5124552026-04-012026-09-30in-capmkt:OtherExpenses2Member5124552026-09-30OtherNoncurrentFinancialAssetsDomain15124552026-09-30OtherNoncurrentAssetsDomain15124552026-09-30OtherNoncurrentAssetsDomain25124552026-09-30OtherCurrentFinancialAssetsDomain15124552026-09-30OtherCurrentAssetsDomain15124552026-09-30OtherNoncurrentFinancialLiabilitiesDomain15124552026-09-30OtherNoncurrentFinancialLiabilitiesDomain25124552026-09-30OtherNoncurrentLiabilitiesDomain15124552026-09-30OtherCurrentFinancialLiabilitiesDomain15124552026-09-30OtherCurrentFinancialLiabilitiesDomain25124552026-09-30OtherCurrentLiabilitiesDomain15124552026-07-012026-09-30in-capmkt:ReportableSegments1Member5124552026-07-012026-09-30in-capmkt:ReportableSegments2Member5124552026-07-012026-09-30in-capmkt:ReportableSegments3Member5124552026-07-012026-09-30in-capmkt:ReportableSegments4Member5124552026-04-012026-09-30in-capmkt:ReportableSegments1Member5124552026-04-012026-09-30in-capmkt:ReportableSegments2Member5124552026-04-012026-09-30in-capmkt:ReportableSegments3Member5124552026-04-012026-09-30in-capmkt:ReportableSegments4Member5124552026-07-012026-09-30in-capmkt:ReportableSegments1Member5124552026-07-012026-09-30in-capmkt:ReportableSegments2Member5124552026-07-012026-09-30in-capmkt:ReportableSegments3Member5124552026-07-012026-09-30in-capmkt:ReportableSegments4Member5124552026-04-012026-09-30in-capmkt:ReportableSegments1Member5124552026-04-012026-09-30in-capmkt:ReportableSegments2Member5124552026-04-012026-09-30in-capmkt:ReportableSegments3Member5124552026-04-012026-09-30in-capmkt:ReportableSegments4Member5124552026-07-012026-09-30in-capmkt:ReportableSegments1Member5124552026-09-30in-capmkt:ReportableSegments1Member5124552026-07-012026-09-30in-capmkt:ReportableSegments2Member5124552026-09-30in-capmkt:ReportableSegments2Member5124552026-07-012026-09-30in-capmkt:ReportableSegments3Member5124552026-09-30in-capmkt:ReportableSegments3Member5124552026-07-012026-09-30in-capmkt:ReportableSegments4Member5124552026-09-30in-capmkt:ReportableSegments4Member5124552026-07-012026-09-30in-capmkt:ReportableSegments1Member5124552026-09-30in-capmkt:ReportableSegments1Member5124552026-07-012026-09-30in-capmkt:ReportableSegments2Member5124552026-09-30in-capmkt:ReportableSegments2Member5124552026-07-012026-09-30in-capmkt:ReportableSegments3Member5124552026-09-30in-capmkt:ReportableSegments3Member5124552026-07-012026-09-30in-capmkt:ReportableSegments4Member5124552026-09-30in-capmkt:ReportableSegments4Member5124552026-07-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15124552026-04-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15124552026-07-012026-09-30ItemsThatWillBeReclassifiedToProfitAndLoss15124552026-04-012026-09-30ItemsThatWillBeReclassifiedToProfitAndLoss15124552026-07-012026-09-30AuditorDomain1iso4217:INRxbrli:pureiso4217:INRxbrli:shares512455LLOYDSMENOTLISTEDINE281B01032Lloyds Metals and Energy LimitedMain BoardEquity2026-04-012027-03-312026-11-032026-10-29INRCroresQuarterlySecond quarterMulti segment2026-11-0315:57:002026-11-0317:11:00trueCash Flow IndirectDeclaration of unmodified opinion2026-07-012026-09-30UnauditedConsolidated56725300000395300000571206000007672900000280000007879000003918400000278680000022596000002628240000043736000000133846000000133846000004408500000-15280000002880500000010504100000000-27170000010232400000-364000000986840000010456200000-22380000010195000000-326600000563000000118.5718.380018.5718.380.01220.00380.06521 The Statement of Unaudited Consolidated Financial Results of LMEL and its subsidiaries the parent and its subsidiaries together referred to as for the Half Year ended on 30092026 have been approved by the Board of Directors at the meeting held on 03112026 <br /> 2 These Consolidated Financial Results have been prepared in accordance with the recognition and measurement principles laid down in Ind AS 34 Interim Financial Reporting prescribed under Section 133 of the CA 2013 read with the relevant rules issued thereunder and the other accounting principles generally accepted in India <br /> 3 As per Ind AS 108- Operating Segments, the Company has four reportable Operating Segments namely Mining of Iron Ore Steel and related value added products MDO Operation and related services and Copper and related products The financial information for these segments have been provided in Consolidated Financial Results as per Ind AS 108- Operating Segments <br /> 4 The Statutory Auditors of the Company have conducted limited review of the financial result for the Half Year ended 30092026. An unqualified report has been issued by them thereon <br /> 5 Details of Employee Stock Option for the quarter and year ended 30092026 are as follows LMEL Employee Stock Option Plan 2017 and 2024 Number of options outstanding at the beginning of the period 01072026 6766112 Number of options exercisable at the beginning of the period 01072026 273323 Number of options Granted during the period Number of options Vested during the period 142069 Number of options Lapsed during the period 191986 <br /> Number of options Exercised during the period 179142 Number of options outstanding at the end of the period 30092026 6433976 Number of options exercisable at the end of the period 30092026 234331 <br /> 6 During FY 202425 the Company issued preferential convertible warrants and in FY 202526 allotted equity shares upon conversion of those warrants The exercise raised gross proceeds of Rs 2722.83 crores The details of utilisation of preferntial convertible warrants of Rs2722.83 crores is as follows Sr No Object of the Issue of Placement Documents Amount allocated Quarter ending 30062026 Year ending 31032026 Amount Utilised Unutilised Amount Amount Utilised Unutilised Amount <br /> 1 Funding of capital expenditure for expansion of DRI Plant and power plant at Ghugus, Chandrapur. 714.74 391.87 38.64* 383.81 636.90* <br /> 2 "Funding of capital expenditure for expansion of pellet <br /> capacity by setting up an additional 1X 4 MTPA Pellet Plant <br /> at Konsari, Ghadchiroli" 1327.38 1611.63 1021.43 <br /> 3 General Corporate Purposes 680.71 680.69 680.69 <br /> Total 2722.83 2684.19 38.64 2085.93 636.9 <br /> Unutilised amount was lying in HDFC Bank Rs. 271.12 crores As at 31 March 2026 166.71 crores account which is presented under cash and cash equivalents and remaining amount shown as current financial assets Rs. Nil As at 31 March 2026 470.19 crores in the financial statements. <br /> <br /> 7 On 22092026 LMEL subscribed to the rights issue of equity shares of TEIPL in the ratio of one equity share for every 20 equity shares held as on the record date 31082026 Subsequently on 29092026 TEIPL allotted 35000000 equity shares to LMEL at an issue price of Rs.173.36 per equity share aggregating to Rs.606.76 crore <br /> 8 The Scheme of Amalgamation of TPPL or the Transferor Company with BRPL or the Transferee Company was approved by the Regional Director South Eastern Region Hyderabad vide Order dated 25042026 The certified copy of the Order was received by the Company on 02052026 and was duly filed with the Registrar of Companies on 21052026 Accordingly in terms of the Scheme the Effective Date of the amalgamation is 21052026 As provided in the Scheme the Appointed Date of the amalgamation is 01042025 Accordingly the amalgamation has been accounted for from the Appointed Date and the financial statements of BRPL have been prepared after giving effect to the Scheme from that date Pursuant to the Scheme the Company has issued and allotted equity shares to the eligible shareholders of TPPL Tata Steel Limited and LMEL in accordance with the approved share exchange ratio Pursuant to the amalgamation there will be no change in the shareholding percentage of LMEL in BRPL <br /> 9 Additional Information pursuant to Regulation 52 4 of Securities and Exchange Board of India LODR <br /> Sr. No. Particulars Quarter Ended Half Year ended Year Ended 30092026 30062026 30092025 30062026 30092025 31032026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited 1 Debt Equity Ratio Total Debt/Total Equity 1.22 1.33 0.98 1.22 0.98 1.43 <br /> 2 Debt Service Coverage ratio Earning before finance cost depreciation and amortisation excluding other income/Debt and lease liabilities payble within one year service Not Annualized except for the year ended 31032026 0.38 0.56 0.40 1.00 0.72 0.94 <br /> 3 Interest Service coverage ratio Earning before finance cost depreciation and amortisation/Finance cost Not Annulized except for the year ended 31032026 6.52 9.73 6.17 8.92 10.07 11.26 <br /> 4 Current Ratio Current Assets/Current Liabilities 0.82 0.84 1.03 0.82 1.03 0.81 <br /> 5 Long term debt to working capital Non-current borrowings add current maturities of long term borrowings Current Assets - Current liabilities -9.97 -10.16 33.72 -9.97 33.72 -6.09 <br /> 6 Bad debts to Accounts receivable ratio (Bad debt expense/ Closing Trade Receivable) 0.00 0.00 - - - - <br /> 7 Current liability ratio Current liabilities/ Total Liabilities 0.36 0.40 0.51 0.36 0.51 0.44 <br /> 8 Total Debt to asset ratio Total Debts/Total Assets 0.44 0.46 0.40 0.44 0.40 0.49 <br /> 9 Debtors Turnover No. of days Average trade receivable / Revenue from operations multiplied by no. of days 17.06 11.41 21.12 46.05 25.55 17.62 <br /> 10 Inventory Turnover no. of days Average inventory / Cost of goods sold multiplied by no. of days 46.83 45.60 42.00 535.87 47.81 222.33 <br /> 11 Operating EBITA Margin per Earnings before Depreciation, Interest and Tax / Revenue from operations 31.32per 38.26per 28.15per 37.07per 30.38per 37.13per <br /> 12 Net Profit Margin per Net profit after tax / Revenue from operations 17.91per 23.17per 14.86per 21.77per 19.66per 22.37per <br /> 13 Paid up equity share capital Face value of Rs. 1 each Rs. In Crores 56.30 56.28 52.64 56.30 52.64 56.28 <br /> 14 Other Equity excluding redemption reserve and capital redemption reserves Rs. In Crores 16661.93 15423.44 7574.87 16661.93 7574.87 13730.32 <br /> 15 Debenture Redemption Reserves Rs. In Crores 6.50 6.50 - - - 6.50 <br /> 16 Capital Redemption Reserves Rs. In Crores 77.79 77.79 77.73 77.79 77.73 77.79 <br /> 17 Share Application money pending - - - - - - <br /> 18 Outstanding redeemable Preference shares in numbers including issued by subsidiary companies 137722724 137722724 215722274 215722274 215722274 215722274 <br /> 19 Outstanding redeemable preference shares Rs. In Crores 1377.23 1377.23 2157.22 2157.22 2157.22 2157.22 <br /> 20 Networth Rs. In Crores 18645.99 15941.59 8159.07 18645.99 8159.07 14266.05 <br /> 10 The figures for the corresponding previous period have been regrouped / reclassified wherever necessary to make them comparable <br /> 11 The results for the half year ended 30092026 are available on the website of BSE at www.bseindia.com NSE at www.nseindia.com and on Company's website at www.lloyds.in <br /> For and on behalf of the Board of Directors of <br /> Lloyds Metals and Energy Limited Rajesh Gupta <br /> Managing Director <br /> DIN 00028379 <br /> Date 0311026 <br /> Place Mumbai <br /> <br /> <br /> <br /> 2026-04-012026-09-30UnauditedConsolidated12822640000018637000001300901000001642490000010370000075470000078523000005326600000470460000057134600000923014000003778870000003778870000091664000004290000009595400000028193300000000-28350000027909800000-57900000027330800000277351000001747000002731180000019000000563000000149.2848.750049.2848.750.01220.010.0892Mining, Royalty and Freight Expenses18959100000Other Expenses7323300000Mining, Royalty and Freight Expenses43511600000Other Expenses1362300000012576000000018174290000011752300000223838000001075190000086086000001315000001949200000057334100000418465100000219370000001365600000175531000001247490000063313000003511600000333750000044574000000678500000299183000009710780000051557290000056300000016151480000016207780000024382100000186459900000181404600000261780000018402240000024930000002440500000213405000002102964000004550140000011218000002650470000027626500000623750000079365400000368571000007954000001798700000118816600000329113000000515572900000Others Financial assets131500000Non-Current tax assets (net)888000000Other non-current assets56446100000Others Financial assets3337500000Other current assets29918300000Lease liabilities2211700000Other financial liabilities406100000Other non-current liabilities21340500000Lease liabilities931000000Other financial liabilities5306500000Other current liabilities36857100000Mining15314900000Steel and related value added products31899900000MDO Operation and other related services20168600000Copper and related product3339300000Mining50341000000Steel and related value added products54592400000MDO Operation and other related services47792600000Copper and related product524740000070722700000157973400000139974000002974700000056725300000128226400000Mining4619800000Steel and related value added products9601900000MDO Operation and other related services1372000000Copper and related product182400000Mining16672100000Steel and related value added products17763400000MDO Operation and other related services7188800000Copper and related product-3727000001577610000041251600000239150000034629000002717000002835000001311290000037505200000Mining62336000000Steel and related value added products158438500000MDO Operation and other related services75834000000Copper and related product15698010000045358860000061984300000515572900000Mining65656600000Steel and related value added products36921600000MDO Operation and other related services65485800000Copper and related product1280220000002960860000003302700000032911300000053266000004659000000000-3324190000000000031210600000470460000000000-844000000107350000094350000000-2830000000001216150000049950200000000880340000004114680000000000000076198300000000000000001960000088400000027503000000000107350000000-7873950000049990000000110000000000297383000000056280000053266000000028849000000-87437000000-87437000002121860000012474900000Item that will not be reclassified to profit or loss76000007600000Item that will not be reclassified to profit or loss3700000370000098000008400000Item that will be reclassified to profit or loss-361800000-361800000Item that will be reclassified to profit or loss-574300000-57430000000-364000000-579000000UnauditedtrueM/s Todarwal & Todarwal LLPtrue2028-05-31