Lloyds Metals & Energy Ltd
LLOY

Lloyds Metals & Energy Ltd (LLOYDMETAL)

₹164.850.24%

Key Stats

₹157.55
Day's Price Range
₹171.9
₹21.35
52-Week Price Range
₹232
1 Month Return-22.31 %
3 Month Return26.59 %
1 Year Return656.09 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 50
56.42
EPS
Rank 45
₹2.92
BVPS
Rank 53
₹6.52
Dividend Yield
Rank 21
ROE
Rank 85
0.08%
Price To Book Ratio
Rank 50
25.26
Debt To Asset
Rank 26
0.74

Company Information

Lloyds Metals Engineers incorporated as Nagarjuna Metals Engineers in April 1977 has became public in 1986 and acquired its present name in Jan 1990. The company operating in the Iron Steel Industry manufactures CRCA Strips Water Gas Pipes Sponge Iron. It is also engaged in handling of Iron and Steel Mostly flat products from its plant at Nagpur and Mumbai.The company in Feb. 1995 came out with a public issue at a premium of Rs.140 to partfinance its project to manufacture Sponge Iron 1.5 lakh TPA capacity and ERW Pipes 75000 TPA capacity and to meet its longterm working capital requirements. First phase of the project was commissioned in Sep 1995.The company proposes to tap the international market again to increase the sponge iron plant capacity to 600000 tpa by setting up additional kilns with associated power plants and for undertaking iron ore mining by acquiring and developing iron ore mines near the sponge iron plant to economise on the production cost of sponge iron. The work on sponge iron second phase to enhance production capacity alongwith captive power plant of 12 MW is progressing slow due to change in plant technology. The companys revised proposal is under consideration with financial institution.As Part of the revival of the economic condition of the Company the Scheme of Arrangement in respect of demerger of the C.R. sheets division into Encon Technologies Limited and amalgamation of rest of the Company thereafter with Insco Steels Limited is proposed to be effected and the same has been approved by the Members at their meeting held on June 1st 2000.The Company has become a Sick Company and reference has been registered during the year with BIFR to seek determination of measures.
OrganisationLloyds Metals & Energy Ltd
HeadquartersChandrapur
IndustrySteel