Established in 1974, Lloyds Steels Industries is primarily engaged in the design, Manufacturing, and Commissioning of heavy equipment, machinery & systems for the Hydrocarbon Sector, Oil & Gas, Steel Plants, Power Plants, Nuclear Plant Boilers, and Turnkey Projects. Lloyds Engineering Works Ltd, formerly Lloyds Steels Industries Limited, is an 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.
The company operates through a comprehensive business model that encompasses design, engineering, manufacturing, fabrication, and installation services. Lloyds Engineering Works (LEWL) provides 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 market capitalization of Lloyds Engineering Works Ltd (LLOYDSENGG) is ₹11,137.14 Crore as of July 4, 2025. The company trades on both major Indian stock exchanges - Lloyds Steels Industries Ltd. is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). lloydsengg.in BSE: 539992 NSE: LLOYDSENGG.
The stock has demonstrated significant volatility with The 52-week high of Lloyds Engineering Works Ltd (LLOYDSENGG) is ₹82.60 and the 52-week low is ₹44.51. The current valuation metrics show The P/E (price-to-earnings) ratio of Lloyds Engineering Works Ltd (LLOYDSENGG) is 107.98.
The company's recent quarterly performance shows mixed results. Net Profit: ₹18.26 Crore, a decrease of 82.3% from ₹103.14 Crore in Q4 FY24. Revenue from Operations: ₹231.96 Crore, down 72.6% from ₹845.74 Crore in Q4 FY24. However, looking at the full year performance, 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.
- Revenue (Q4 FY25): ₹231.96 Crore
- Net Profit (Q4 FY25): ₹22.51 Crore
- Annual Revenue (FY25): ₹755.78 Crore
- Annual Net Profit (FY25): ₹99.73 Crore
- Dividend Yield: 0.25%
- Book Value: ₹4.38
- ROCE (Return on Capital Employed): 23.2%
- ROE (Return on Equity): 18.9%
Company has delivered good profit growth of 109% CAGR over the last 5 years and Over the past 5 years, the revenue of LLOYDS ENGINEERING WORKS has grown at a CAGR of 50.6%. The company has shown remarkable resilience, with Lloyds Engineering Works has seen a remarkable 6000% stock price increase over five years, driven by India's infrastructure boom, strong demand, and a zero-debt strategy.
The company has been actively expanding its presence in the defense sector. During the past 14 months, company has received orders for more than ₹130 Crore in defence sector. Recently, Lloyds Engineering Works announced the receipt of order for naval equipment from Cochin Shipyard. The order, valued at ₹20.67 Crore, encompasses Fin stabilizer systems.
The order book as of September 30, 2024, stood at ₹1,365.86 Crore. This represents substantial growth as The company's order book has grown by 51.04% yoy and is well-balanced among various sectors.
The company has been pursuing strategic acquisitions to expand its capabilities. Lloyds Engineering Works Ltd. (LEWL) acquired 77% of Techno Industries Pvt. Ltd. (TI), marking its strategic entry into the fast-growing electrical engineering sector, and signed (MOU) to acquire the Engineering Assets of Bhilai Engineering Corporation Ltd (BECL), a key player in providing engineering solutions across various industries.
The Board of Lloyds Engineering Works Ltd 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 capital raising initiative aims to fund expansion plans and modernization efforts.
The company maintains high technical standards with The company's workshop is accredited with ISO 9001:2015 certification by SGS, UK. Additionally, They have a Certificate of Authorization CoA from the American Society of Mechanical Engineers ASME and an approval from Petroleum and Explosives Safety Organisation PESO.
The company has established strategic partnerships including The company has collaboration 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.
Promoter Holding: 49.4% with Company is almost debt-free. The company maintains a consistent dividend policy, with Final Dividend: The Board has recommended a final dividend of ₹0.25 per equity share of face value ₹1 each for FY25.
Lloyds Engineering Works presents a compelling investment opportunity in India's growing infrastructure and defense sectors. The company's strong order book, debt-free status, and strategic acquisitions position it well for future growth. However, investors should note the recent quarterly volatility and high P/E ratio when making investment decisions. The company's focus on expanding into electrical engineering and defense sectors, combined with its established presence in traditional heavy engineering, provides diversification benefits and growth potential.
