Latest news with #LloydsMetals
Time of India
31-07-2025
- Business
- Time of India
Lloyds Metals: Empowering people, forging the future of steel
Lloyds Metals: Empowering people, forging the future of steel In an industry known for strength and scale, Lloyds Metals and Energy Limited stands out with something even more powerful: Its people. A key player in India's mining and manufacturing sector, Lloyds Metals isn't just producing steel; it's building a workplace culture where employees are at the centre of everything. More than just a place to work, Lloyds Metals is fast becoming an employer of choice a company where people feel trusted, valued, and truly empowered. At the heart of this transformation lies a bold but simple belief: freedom and trust fuel accountability. 'We work with a flat structure that empowers every individual regardless of title to take initiative, solve problems, and lead,' shares Venkatesan R, Group CHRO. 'Leadership here isn't defined by hierarchy, but by mindset.' This forward-thinking culture is backed by one of the most inclusive ESOP (Employee Stock Ownership Plan) programs in the industry. Lloyds Metals offers its ESOPs to all employees, from corporate executives to shopfloor workers. Ownership should be shared with those who drive the business every day,' says Venkatesan. 'It's not just about motivation, it's about fairness and inclusion. And the impact speaks for itself. So far, over 2,700 employees have benefited, including 1,700+ executives and 1,000+ shopfloor workers, with ESOPs priced at just ₹4 per share. The company has granted more than 1.43 crore shares under this initiative, giving real financial value to those building the company from the ground up. At Lloyds Metals, growth isn't just a corporate objective; it's a personal commitment. With no limit on learning and development, employees receive continuous support through technical upskilling, leadership programs, and executive coaching. Young professionals are especially encouraged to rise quickly by showing initiative and capability. What also sets Lloyds Metals apart is its deep connection to the community. Through a local-first hiring policy and meaningful efforts to empower women in non-traditional roles-such as operating Heavy Earth Moving Machinery (HEMM) the company is actively reshaping the talent landscape in its regions of operation. These efforts not only uplift local economies but also unlock talent in areas often overlooked by the broader job market. The HR function here isn't just administrative, it's a strategic partner in growth. 'If you're looking for more than just a job, if you want to make an impact, take ownership, and grow with purpose, Lloyds Metals is the platform for you,' says the CHRO. Employees also benefit from open access to leadership, including the company's promoters, reinforcing the belief that every voice matters. More than just meeting today's operational goals, Lloyds Metals is nurturing the next generation of industry leaders, engineers, technologists, and changemakers who will shape the future of Indian manufacturing. For those who dream of making a real difference in the mining and steel sector, Lloyds Metals offers more than a career, it offers a stake in India's industrial future. Disclaimer - The above content is non-editorial, and TIL hereby disclaims any and all warranties, expressed or implied, relating to it, and does not guarantee, vouch for or necessarily endorse any of the content. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
Mint
31-07-2025
- Business
- Mint
Lloyds Metals: Building a People-First Culture for the Future of Iron and Steel
In an industry often recognized for its scale and strength, Lloyds Metals and Energy Ltd is demonstrating the value of its people. As a brand in the mining and manufacturing sector, the company aims to shape the future of Steel and to be considered anemployer of choice. A core principle of this employee centric culture is that freedom and trust can foster accountability. 'We operate with a flat structure that encourages employees across every level to take initiative, solve problems, and lead,' says the company'sGroup CHRO Mr. Venkatesan R, in a recent conversation. 'Titles don't define leadership here, mindset does.' This culture, which values performance, is supported by an ESOP programme, available to all employees, including both white collar staff and shop-floor workers. 'We believe ownership can be shared, particularly with those who have been instrumental in our core operations,' the CHRO explains. 'I think it's more than motivation. It's about fairness and inclusion.' To date, over 2700 employees have benefited from the ESOP scheme. This includes over 1700 executives and over 1000 shop-floor workers. The ESOPs are offered at an exercise price of only Rs. 4/- per share, providing benefits to the employees. Since the inception of the ESOP scheme, the company has granted a total number of over 1.43 crore shares to its employees. Career growth at Lloyds Metals focuses on developing potential. Young talent can advance by demonstrating initiative and capability. With investment in learning, employees benefit from hands-on upskilling, technical training, leadership development and executive coaching. Growth at Lloyds Metals is not just seen as a business goal but also as a commitment to the talented and values-driven employees. Lloyds Metals What also distinguishes Lloyds Metals is its understanding and commitment to community. With a local-first hiring policy and an emphasis on women empowerment in non-traditional roles such as operating HEMM(Heavy Earth Moving Machinery); the company is working to reshape the talent landscape in its operational areas. These efforts can strengthen local economies and expand the talent pool across regions often overlooked in the job market. HR functions as a strategic growth partner here. 'If you want to be part of something larger than a job - if you want to create real impact, have ownership, and a growth mindset with right values, Lloyds Metals can be your platform,' says the CHRO. Employees also benefit from direct access to leadership (including the company's promoters). For those considering a career in Indian mining and manufacturing, Lloyds Metals offers more than a job. It aims to offer a voice, a stake, and participation in India's industrial development. Note to the Reader: This article is part of Hindustan Times' promotional consumer connect initiative and is independently created by the brand. Hindustan Times assumes no editorial responsibility for the content.
Time of India
30-07-2025
- Business
- Time of India
Lloyds Metals: Building a people-first culture for the future of iron and steel
In an industry often characterised by scale and strength, Lloyds Metals and Energy Ltd is proving that real power lies in people. As a leading brand in the mining and manufacturing sector, the company is not only shaping the future of steel but also setting a new standard as an employer of choice. At the heart of this employee-centric culture lies a simple yet radical idea: freedom and trust create accountability. 'We operate with a flat structure that empowers employees across every level to take initiative, solve problems, and lead,' says the company's Group CHRO, Venkatesan R. 'Titles don't define leadership here, mindset does.' This merit-based, high-performance culture is reinforced by one of the industry's most inclusive ESOP programmes: available to every employee, be it white collar staff or shopfloor workers. 'We believe ownership should be shared, especially with those who've been a driving force in our core operations,' the CHRO explains. 'I think it's more than motivation. It's fairness and inclusion to the highest level.' Till date, over 2,700 employees have benefited from the ESOP scheme. This includes over 1,700 executives and over 1,000 shopfloor workers. The ESOPs are offered at an exercise price of only Rs. 4 per share, thus passing on benefits to the employees. Since the inception of the ESOP scheme, the company has granted a total number of over 14 million shares to its employees. Live Events Career growth at Lloyds Metals is all about unlocking true potential. Young talent can rise by demonstrating initiative and capability. With no cap on learning investments, employees benefit from hands-on upskilling, technical training, leadership development and executive coaching. Growth at Lloyds Metals is not just seen as a business goal but as a personal promise to talented employees who are value-driven. What also sets Lloyds Metals apart is a deep understanding and commitment to the community. With a local-first hiring policy and a special emphasis on women's empowerment in non-traditional roles, such as operating HEMM (Heavy Earth Moving Machinery), the company is actively reshaping the talent landscape in its operational areas. Such efforts not only strengthen local economies but also widen the talent pool across regions often overlooked in the job market. 'If you want to be part of something larger than a job - if you want to create real impact, have ownership, and a growth mindset with the right values, Lloyds Metals is your platform,' says CHRO Venkatesan R. Employees also benefit from direct access to leadership, including the company's promoters. Lloyds Metals isn't simply preparing its workforce for current operational needs; it is grooming the next generation of leaders, engineers, technologists, and changemakers in the Indian manufacturing sector. For anyone dreaming of a future in Indian mining and manufacturing, Lloyds Metals offers more than a career. It offers a voice, a stake, and an active participation in writing India's industrial success story for years to come. Disclaimer - The above content is non-editorial, and TIL hereby disclaims any and all warranties, expressed or implied, relating to it, and does not guarantee, vouch for or necessarily endorse any of the content.
Business Upturn
01-07-2025
- Business
- Business Upturn
Lloyds Metals and Energy reports 3% YoY rise in Q1 FY26 DRI production at 79,033 tonnes; iron ore output steady at 4 million tonnes
By Aditya Bhagchandani Published on July 1, 2025, 17:25 IST Lloyds Metals and Energy Limited has reported steady operational performance for the first quarter of FY26, with its Direct Reduced Iron (DRI) production rising 3% year-on-year. DRI output for the quarter stood at 79,033 tonnes, compared to 76,704 tonnes in Q1 FY25. Iron ore production remained stable at approximately 4 million tonnes, maintaining the same level as the previous year. The company also received Environmental Clearance (EC) to expand its iron ore mining capacity to 26 million tonnes per annum. A key milestone for the quarter was the successful commissioning of its 4 million tonne pellet plant and the 85-kilometre slurry pipeline connecting Hedri to Konsari, both of which became operational in June 2025. These projects are expected to progressively ramp up output in the coming months. Lloyds Metals operates one of the largest single-location iron ore mines in Maharashtra and plays a significant role in India's steel value chain. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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Business Standard
29-05-2025
- Business
- Business Standard
Lloyds Metals hits 4-month high, rebounds 51% from March low; Time to buy?
Share price of Lloyds Metals & Energy today Shares of Lloyds Metals & Energy (LMEL) hit a four-month high of ₹1,427, as they rallied 5 per cent on the BSE in Thursday's intra-day trade. The stock price of industrial minerals company inched towards its all-time high of ₹1,477.50 touched on January 10, 2025. The market price of LMEL has bounced back 51 per cent from its March 2025 low of ₹943.25. In the past one year, the stock price of Lloyds Metals has more-than-doubled or zoomed 105 per cent, as compared to a 9 per cent rise in the BSE Sensex. Industry outlook The Indian iron ore market continues to be buoyant, defying the international market. The prices are very steady, and the demand on steel is running consistently at 8 per cent year-on-year and therefore, also on iron ore. The government's focus on steel capacity expansion has remained strong and multiple government initiatives have initiated the urgent need of scaling up of Greenfield iron ore mining as well as beneficiation. Company outlook As the second-largest steel producer globally, India faces growing demand from sectors such as construction, automotive and manufacturing. This demand is expected to continue rising, supported by abundant raw materials and affordable labor. India is poised to become the second-largest steel consumer globally, driven by growth in infrastructure and the automobile and railway sectors, LMEL said in its FY25 annual report. The National Steel Policy 2017 targets a production capacity of 300 million tons by FY 2030-31, with a focus on boosting steel consumption in rural areas. Government initiatives like the Pradhan Mantri Awas Yojana and the Gati Shakti Master Plan support sector growth. Urbanization and a shift towards sustainable construction materials are expected to drive long-term growth. India's steel demand is forecast to outpace other countries by 2025, with growth in engineering, packaging and industrial manufacturing sectors, the company said. The Indian Steel Association expects continued growth in steel demand, with sector consolidation attracting investments, creating opportunities for global players. The Production Linked Incentive (PLI) scheme is anticipated to boost specialty steel investments. While global steel demand is expected to grow modestly in 2025, India's growth is set to lead due to weak demand from major producers like China and Europe. Opportunities Rising Infrastructure and Industrial Expansion: Infrastructure investment in India has experienced significant growth, fuelled by both public and private sector contributions. Furthermore, the budget for 2025-26, aligned with the vision of Viksit Bharat by 2047, has allocated ₹ 11.21 trillion for the infrastructure sector. With increased investments in large-scale projects across both developing and developed economies, the need for these materials is expected to stay robust. Government Initiatives: The Indian government is offering robust policy support to boost industries like manufacturing and steel production, driving economic growth through incentives such as tax breaks, subsidies and infrastructure investments. In India, the government has introduced various measures to strengthen steel production, including the Domestically Manufactured Iron & Steel Products (DMI&SP) policy to promote 'Make in India' steel for government procurement and reducing Basic Customs Duty (BCD) on Ferro Nickel to zero. Additionally, it has extended duty exemptions on ferrous scrap until 2026 to support the domestic stainless steel industry and enhance competitiveness. Furthermore, India is expected to impose anti-dumping duties on few Chinese products, to protect domestic industries from underpriced imports, ensuring fair competition and safeguarding local producers. Import Potential: The global demand for premium iron ore and steel is anticipated to continue increasing, particularly in emerging economies like China, India and other developing nations. These markets are witnessing significant growth in infrastructure and industrial development, which in turn drives the demand for raw materials. This creates a rising opportunity for suppliers to tap into these expanding markets, boosting export growth especially for high-quality products. JM Financial Institutional Securities view on LMEL LMEL is poised to continue its volume-led growth trajectory with environmental clearance (EC) now expected in Q1FY26 from an initial expectation of Q4FY25. This EC will boost company's mining capacity from 10 mtpa to 55 mtpa. The company is enhancing its presence across the ferrous value chain by setting up a 45mtpa beneficiation facility, a 12mtpa pellet plant (in phases), 85km and 190km slurry pipelines, a 1.2mtpa wire rod facility and a 3mtpa carbon steel facility under phases. The company's strong focus on enhancing value by integrating steel manufacturing operations is expected to aid margins. Most of the projects remain on track with 360ktpa DRI plant taking slightly longer time than company's earlier estimates. The brokerage firm has a 'buy' rating on LEML with a target price of ₹ 1,610 per share. About Lloyds Metals & Energy LMEL works in iron ore mining, producing coal-based Direct Reduced Iron (DRI) or Sponge Iron and generating power. The Company is one of the largest coal-based DRI producers in Maharashtra, with a production capacity of 340,000 tonnes per annum (TPA) across two districts. LMEL operates a DRI plant in Ghugus, Chandrapur district, with a capacity of 270,000 TPA, alongside a 30 MW captive power plant. It also has a Greenfield plant in Konsari, Gadchiroli, with a production capacity of 70,000 tonnes per annum and a 4 MW captive power plant. The company is the only iron ore miner in Maharashtra, holding a 50-year mining lease for the Surjagarh village in Gadchiroli district, which has the largest reserve of high-grade iron ore in the state, valid until 2057. LMEL has permission to mine up to 10 metric tonnes per annum (MTPA) of iron ore and is seeking environmental clearance to increase the capacity of the Surjagarh iron ore mines (SIOM) from 10 MTPA to 55 MTPA (including BHQ). The company's strategic location gives it access to key markets across India. The Company is also setting up a 3 MTPA fully integrated steel plant in Konsari, Gadchiroli. Additionally, with the upcoming DRI facility and a 1.2 MTPA Wire Rod mill in Ghugus, the company aims to become an integrated steel producer by the fiscal year 2030-2031, with a total capacity of 4.2 MTPA.
