Lloyds Metals & Energy Ltd - Stock Valuation and Financial Performance

BSE: 512455 | NSE: LLOYDSME | Steel/Sponge Iron/Pig Iron | Mid Cap

Lloyds Metals&Energy Share Price

696 1.45 0.21%
as on 12-Apr'24 16:59

DeciZen - make an informed investing decision on Lloyds Metals&Energy

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

loyds Metals & Energy stock performance -

mw4me loader
P/E Ratio (SA):
28.47
Market Cap:
35,165.7 Cr.
52-wk low:
275
52-wk high:
710.5

Is Lloyds Metals & Energy Ltd an attractive stock to invest in?

1. Is Lloyds Metals & Energy Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Lloyds Metals & Energy Ltd is a average quality company.

2. Is Lloyds Metals & Energy Ltd undervalued or overvalued?

The key valuation ratios of Lloyds Metals & Energy Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Lloyds Metals & Energy Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Lloyds Metals & Energy Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Lloyds Metals&Energy:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Lloyds Metals & Energy Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -29.4%-17.5%15%15.1%22.5%17.4%18.5%3.8%31.3%56%-
Value Creation
Index
-3.1-2.30.10.10.60.20.3-0.71.23.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 5686393773694034773722536983,3925,844
Sales YoY Gr.-12.5%-41%-2.1%9.1%18.5%-22.1%-31.8%175.3%386.4%-
Adj EPS -1.9-0.90.20.30.70.91.403.610.824.5
YoY Gr.-NANA8.7%188%23.6%58.4%-99.3%36100%198.3%-
BVPS (₹) 3.72.72.833.84.76.36.612.630.149.7
Adj Net
Profit
-42.4-20.85.15.616.119.831.80.11335451,235
Cash Flow from Ops. 21.118.845.9-5.554.4-38.351.6-14.9-78.2-516-
Debt/CF from Ops. 11.20.3-4.70.5-2.42.3-11.6-1.20-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 22%53.2%109%386.4%
Adj EPS NA71.9%97.1%198.3%
BVPS26.3%51.4%68.8%138.8%
Share Price 65.1% 124.4% 283.4% 138.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-40.9-298.38.621.120.525.20.140.254.261.2
Op. Profit
Mgn %
-4.4-4.13.544.13.35.74.320.92424.6
Net Profit
Mgn %
-7.5-3.31.41.544.18.60.119.116.121.1
Debt to
Equity
0.30.40.20.40.40.90.91.10.20-
Working Cap
Days
90801321461511401853141405251
Cash Conv.
Cycle
-4013143434562108652025

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 61.20%

Sales growth is growing at healthy rate in last 3 years 108.97%

Net Profit is growing at healthy rate in last 3 years 97.12%

Sales growth is good in last 4 quarters at 112.33%

No data to display

Latest Financials - Lloyds Metals & Energy Ltd.

Standalone Consolidated
TTM EPS (₹) 24.5 24.4
TTM Sales (₹ Cr.) 5,844 5,844
BVPS (₹.) 49.7 49.7
Reserves (₹ Cr.) 2,462 2,462
P/BV 13.99 14.00
PE 28.47 28.47
From the Market
52 Week Low / High (₹) 275.00 / 710.50
All Time Low / High (₹) 0.06 / 707.15
Market Cap (₹ Cr.) 35,166
Equity (₹ Cr.) 50.5
Face Value (₹) 1
Industry PE 21.9

Management X-Ray of Lloyds Metals&Energy:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.0011.8911.8920.9320.9320.93
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Lloyds Metals&Energy

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales5686393773694034773722536983,392
Operating Expenses 5936653643543864623512435522,582
Manufacturing Costs26232026212519121301,123
Material Costs544614316296327384288203313540
Employee Cost 15161315152122141854
Other Costs 81214172231211391865
Operating Profit -25-26131516162111146810
Operating Profit Margin (%) -4.4%-4.1%3.5%4.0%4.1%3.3%5.7%4.3%20.9%23.9%
Other Income 17221414253126203074
Interest 761010101116171865
Depreciation 27111113141518141823
Exceptional Items 00-600000-51-1,194
Profit Before Tax -42-2116172113088-398
Tax 000000-190-10-109
Profit After Tax -42-2116172132097-289
PAT Margin (%) -7.5%-3.3%0.2%1.5%4.2%4.3%8.6%0.1%13.9%-8.5%
Adjusted EPS (₹)-1.9-0.90.00.30.80.91.40.02.6-5.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%19%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 82616268841051411664651,522
Share Capital 22222222222223253750
Reserves 6039404562831191404281,471
Minority Interest0000000000
Debt16181226298599103570
Long Term Debt161010910838193570
Short Term Debt08217193181000
Trade Payables123656460686461351575
Others Liabilities 222286325349375336322398258292
Total Liabilities 4434304635035565916237027951,888

Fixed Assets

Gross Block528534566606648672705706761916
Accumulated Depreciation252263274286299314331345362384
Net Fixed Assets275271293320348358374362400532
CWIP 55782336428586373
Investments 00000000037
Inventories49315768687484116167270
Trade Receivables212222111623872425
Cash Equivalents 1010787819822265
Others Assets8390778794919612497387
Total Assets 4434304635035565916237027951,888

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 211946-654-3852-15-78-516
PBT -42-2116172113088-398
Adjustment 331620221320312228138
Changes in Working Capital 302325-3224-798-37-194-254
Tax Paid 010000000-3
Cash Flow From Investing Activity -7-6-34-41-53-38-34-62-57-612
Capex -8-7-34-39-41-24-30-19-56-101
Net Investments 000-11-11-1-1-229
Others 1110-14-13-6-42-1-282
Cash Flow From Financing Activity -12-12-1546-176-6661491,143
Net Proceeds from Shares 0000001222021,293
Net Proceeds from Borrowing -5-600000000
Interest Paid -7-6-10-10-2-4-10-8-10-66
Dividend Paid 000000000-22
Others 00-556179351-43-62
Net Cash Flow 20-300012-111314
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-41.03-29.051.178.6222.4621.7925.840.0830.85-29.04
ROCE (%)-27.69-15.5413.1518.7526.4420.0312.545.4622.71-31.57
Asset Turnover Ratio1.361.550.920.830.780.830.610.380.932.53
PAT to CFO Conversion(x)N/AN/A46-13.18-1.811.63N/A-0.8N/A
Working Capital Days
Receivable Days171220151215151183
Inventory Days242139576054771447423
Payable Days93353436353040622930

Lloyds Metals & Energy Ltd Stock News

Lloyds Metals & Energy Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Lloyds Metals&Energy on 12-Apr-2024 16:59 is ₹696.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 12-Apr-2024 16:59 the market cap of Lloyds Metals&Energy stood at ₹35,165.7.
The latest P/E ratio of Lloyds Metals&Energy as of 12-Apr-2024 16:59 is 28.47.
The latest P/B ratio of Lloyds Metals&Energy as of 12-Apr-2024 16:59 is 13.99.
The 52-week high of Lloyds Metals&Energy is ₹710.5 and the 52-week low is ₹275.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Lloyds Metals&Energy is ₹5,844 ( Cr.) .

About Lloyds Metals & Energy Ltd

Llyods Metals & Engineers (LMEL) was incorporated on April 5, as a private company in the name of Nagarjuna Metals and Engineers. The company was converted into a public company on September 9, 1986. The company is having manufacturing facilities for fabricating S S Patta with a capacity of 1,800 tpa and 10,000 tpa for fabrication of equipments etc. The company has been promoted by R N Gupta.

LMEL is operating 2,70,000 TPA capacity sponge iron Plant. It has taken the technology from Orissa Sponge Iron (OSIL) and installed their plant at Ghugus near Chandrapur (M S). OSIL & MECON both have entered an agreement with LMEL to set up their sponge iron plant.

The main equipments kiln, cooler and other major structures were designed and supplied by Lloyds Steel Engineering Division, Murbad. Lloyds Steel Engineering Division has full infrastructure facilities to fabricate kilns and heavy equipments and structures.

Group companies

  • Lloyds Steel Industries
  • Lloyds Metals and Engineers
  • Lloyds Line pipes

Products manufactured by the company:

  • Sponge Iron
  • Pipes & Tubes Steel
  • HR/CR Coils/Sheets/Strips

History

  • 1977 - Llyods Metals & Engineers (LMEL) was incorporated on April 5, as a private company in the name of Nagarjuna Metals and Engineers. The company was converted into a public company on September 9, 1986. The company is having manufacturing facilities for fabricating S S Patta with a capacity of 1,800 tpa and 10,000 tpa for fabrication of equipments etc. The company was promoted by R N Gupta.
  • 1987 - LMEL obtained the license to manufacture 12,000 tpa of C R Strips.
  • 1990 - The name of the company was changed to Llyods Metals & Engineers.
  • 1991 - The company commissioned additional 4-Hi cold rolling mill thereby increasing the installed capacity of the plant from 12,000 tpa to 46,000 tpa.
  • 1993 - 900 number of equity shares subscribed for by signatories to the Memorandum of Understanding. 50,05,000 shares allotted to the promoters.
  • 1994 - 50,05,900 bonus shares issued in proportion of 1:1.
  • 1995 - The sponge iron division's profitability was affected by non availability of higher transportation cost. It proposed to undertake an iron ore mining project, construction of railway sidings and setting up captive power plant by using the energy generated from waste gases produced in the process of making sponge iron.
  • 1996 - The sponge iron division undertook the wake of the second phase to double the sponge iron plant capacity.
  • 1997 - Lloyds Metals was set up as part of the backward integration of Lloyds steel into sponge iron. The company has been awarded a mining lease of 450 hectares at Gadchiroli (Maharashtra).
  • 1998 - The Credit Analysis and Research (CARE) has downgraded Lloyds Metals & Engineering Ltd's (LMEL) three non-convertible debenture issues (NCDs) from A-to BB. The rating has been downgraded from strong to default category.
  • 1999 - Sponge iron division energy conservation survey has been carried out by Petroleum Research Institution. Accordingly cooling towers fan metallic blades have been replaced with fiber blades to reduce power consumption of the fans. Sponge Iron Division has been successful in completely absorbing the technology obtained indigenously.
  • 2007 - The company has splits its face value from Rs10 to Rs2.
  • 2008 - Lloyds Metals & Engineers has appointed B B Chadha as additional independent director with effect from this board meeting i.e. July 28, 2008. Lloyds Metals & Engineers has informed that as per intimation received from IDBI Bank, V M Bharathy has been appointed as nominee director of IDBI Bank with effect from September 08, 2008, in place of D K Kambale.
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