Lloyds Engineering Works Limited, formerly known as Lloyds Steels Industries Limited, is a leading India-based designer and manufacturer of heavy equipment, machinery and systems for the hydrocarbon sector, oil and gas, steel plants, power plants, nuclear plant boilers and turnkey projects. Established in 1974, the company has evolved into a comprehensive engineering solutions provider with expertise spanning across multiple industrial sectors.
The company operates in the Engineering Products and Services segment, providing a complete engineering and infrastructure solutions package by carrying out design, engineering, manufacturing, fabrication, and installation. Its products cover various categories in heavy equipment, machinery and systems for the carbon sector, oil and gas, steel plant equipments, power plants, nuclear plant boilers and turnkey projects.
The company's financial performance for fiscal year 2025 shows mixed results. For the full year, net profit rose 24.91% to ₹99.73 crore in the year ended March 2025 as against ₹79.84 crore during the previous year ended March 2024. Sales rose 21.07% to ₹755.78 crore in the year ended March 2025 as against ₹624.24 crore during the previous year ended March 2024.
However, the fourth quarter of FY25 faced challenges. Net profit of Lloyds Engineering Works declined 20.11% to ₹16.88 crore in the quarter ended March 2025 as against ₹21.13 crore during the previous quarter ended March 2024. Sales declined 5.01% to ₹178.49 crore in the quarter ended March 2025 as against ₹187.90 crore during the previous quarter ended March 2024.
The company has established itself as a significant player in India's heavy engineering landscape through strategic acquisitions and organic growth. The company has pursued strategic acquisitions including the acquisition of Engineering Assets of Bhilai Engineering Corporation, a 77.00% majority stake in Techno Industries, and a 24.20% significant stake in Lloyds Infrastructure and Construction, marking a significant milestone, propelling the company on a high-growth trajectory.
• FY2024-25 Performance: Revenue of ₹755.78 crore, Net Profit of ₹99.73 crore
• Q4 FY2024-25 Performance: Revenue of ₹178.49 crore, Net Profit of ₹16.88 crore
• Market Capitalization: ₹11,137.14 Cr (as of 4th July 2025)
• P/E Ratio: 107.98
• 52-week High/Low: ₹82.60 / ₹44.51
• Promoter Holding: 49.4% (as of Mar 2025)
Lloyds Engineering Works has strong technical capabilities, evidenced by strategic collaboration agreements. The company has agreements with L3 Calzoni s.r.l. Milano Italy and Technip Energies France to supply Indian Naval Ships and Indian Coast Guard Ship with Fin Stabilizers, Steering Gears, and Controls.
The company holds a Certificate of Authorization (CoA) from the American Society of Mechanical Engineers (ASME) and an approval from Petroleum and Explosives Safety Organisation (PESO). Its workshop is accredited with ISO 9001:2015 certification by SGS, UK, underscoring its commitment to quality and operational excellence.
The company has shown significant momentum in the defense sector, receiving orders for more than ₹130 crore over the past 14 months. Recent developments include an order valued at ₹20.67 crore for Next Generation Missile Vessel, signifying the company's proactive stance in capturing the increasing demand resulting from the government's heightened defense spending.
In terms of capital expansion, the Board has approved the issuance of 30.85 crore partly paid-up equity shares at ₹32 per share on a rights basis, with ₹16 payable upon allotment and the remainder in two calls. This rights issue demonstrates the company's capital expansion plans to support future growth initiatives.
The company trades on both major Indian stock exchanges with NSE symbol LLOYDSENGG and BSE code 539992. The company's listing date is 18 July, 2016 and it is led by Chairperson Mukesh R Gupta.
The Board has proposed a final dividend of ₹0.25 per equity share for the fiscal year 2024-25. In the quarter ending March 2024, Lloyds Engineering Works Ltd declared a dividend of ₹0.20, translating to a dividend yield of 0.25%.
Regarding shareholding, promoter holding has decreased over the last quarter, with current Promoter Holding at 49.4% as of March 2025, down from 56.22% in March 2025 and 56.38% in October 2024.
Lloyds Engineering Works Ltd continues to strengthen its position in India's heavy engineering sector through strategic acquisitions, defense sector expansion, and maintaining strong technical capabilities across multiple industrial verticals, positioning itself for continued growth and value creation.
