LLOYDSENGG

Lloyds Engineering Works share price & financials

Price
₹88.56
Market cap
₹12.8k Cr
Sector
Capital Goods

What Lloyds Engineering Works Limited does

Lloyds Engineering Works designs, fabricates and installs heavy equipment for the steel, oil & gas, power and nuclear industries — including boilers, pressure vessels, heat exchangers, columns, air/gas drying systems and material-handling systems for sponge iron and pellet plants. It earns revenue by manufacturing and supplying this equipment and by executing turnkey design-to-commissioning contracts. Through subsidiaries and an associate it has extended beyond core fabrication into electrical equipment (motors, elevators, escalators, AMC services), defence engineering (UAV, naval and radar systems built with European technology partners), marine loading arms/swivel joints, and multi-sector EPC execution for steel and power projects.

Segments

  • Fabrication
  • Niche Engineering
  • Defence
  • Electrical Engineering
  • EPC & Designing
Manufacturing facility
6 interconnected workshops in Murbad, Thane spread across ~8 acres, ~84 km from Jawaharlal Nehru Port
Certified manufacturing plots
4 plots (A-5/4, A-5/5, A-6/3, K-3) certified under IBR/ISO/PESO for boiler, pressure-vessel, heat-exchanger and pipe fabrication
Group structure
Wholly-owned subsidiary Techno Industries (electrical equipment), 76%-owned Metalfab, and 24.2%-stake associate LICL (EPC/infrastructure)
Business verticals
5 — Fabrication, Niche Engineering, Defence, Electrical Engineering, EPC & Designing
Defence technology partners
FlyFocus (Poland, UAVs), Fincantieri (Italy, naval systems), Virtualabs (Italy, radar), Kliver Polska (underwater systems)
Client industries served
Steel, oil & gas, power, nuclear, cement, petrochemicals, defence and railways
Founded 1974Headquarters Murbad, Thane, Maharashtra (registered office); Lower Parel, Mumbai (corporate office) Company website

Quarterly results

Q1 FY27: revenue up 104.6%, net profit up 138.9% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue212 230 178 174 244 +15%222 −3%412 +131%356 +105%
EBITDA32 39 27 24 38 +19%36 −8%53 +96%46 +92%
Net profit28 34 17 18 33 +18%29 −15%39 +129%43 +139%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +29.4% 1Y

₹40₹60₹80₹100Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹63.95 on 10 Sept 2025 → ₹82.76. High ₹96.88 (7 Aug 2026), low ₹37.73 (30 Mar 2026).

Financials, as filed

Revenue grew 29.8% a year over 2 years, FY24 to FY26. Operating margin narrowed to 14.4%.

Year endingFY24FY25FY26
Revenue₹624 Cr₹755 Cr₹1.1k Cr
Operating profit₹102 Cr₹123 Cr₹151 Cr
Operating margin16.3%16.3%14.4%
Interest₹4 Cr₹7 Cr₹10 Cr
Depreciation₹5 Cr₹8 Cr₹16 Cr
Net profit₹80 Cr₹100 Cr₹119 Cr
Net margin12.8%13.2%11.3%
Cash from operations—₹160 Cr₹-334 Cr
Free cash flow—₹97 Cr₹-380 Cr
ROCE28.0%23.0%15.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY25FY26
Equity capital₹132 Cr₹144 Cr
Reserves₹1.1k Cr₹1.5k Cr
Borrowings₹189 Cr₹81 Cr
Other liabilities₹468 Cr₹348 Cr
Total liabilities₹1.8k Cr₹2.0k Cr
Fixed assets₹378 Cr₹168 Cr
Capital work in progress₹93 Cr₹66 Cr
Investments₹40 Cr₹289 Cr
Other assets₹1.3k Cr₹1.5k Cr
Total assets₹1.8k Cr₹2.0k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Aug 2026

Since Sep 2025, promoters trimmed −9.26 pp while the public added +9.19 pp. The shareholder count shrank 2% to 4,22,937.

Promoters
40.0%
FIIs
2.0%
DIIs
0.3%
Public
57.6%
Others
0.1%

Since Sep 2025

  • Promoters −9.26 pp
  • Public +9.19 pp
  • DIIs +0.15 pp

How it drifted, 12 quarters

Over this window promoters fell from 57.3% to 40.0% — −17.3 pp.

Mar '24Jun '25Aug '26

Ownership split by quarter, oldest first. Mar '24: Promoters 57.3%, FIIs 1.4%, DIIs 0.1%, Public 41.0%, Others 0.2%.Jun '24: Promoters 57.3%, FIIs 2.1%, DIIs 0.1%, Public 40.5%, Others 0.0%.Sep '24: Promoters 57.3%, FIIs 2.2%, DIIs 0.1%, Public 40.4%, Others 0.0%.Dec '24: Promoters 56.4%, FIIs 2.9%, DIIs 0.2%, Public 40.6%.Mar '25: Promoters 56.2%, FIIs 2.7%, DIIs 0.2%, Public 40.7%, Others 0.3%.Jun '25: Promoters 49.4%, FIIs 2.2%, DIIs 0.1%, Public 48.3%, Others 0.0%.Sep '25: Promoters 49.3%, FIIs 2.1%, DIIs 0.2%, Public 48.4%, Others 0.0%.Dec '25: Promoters 49.3%, FIIs 1.9%, DIIs 0.2%, Public 48.6%, Others 0.0%.Mar '26: Promoters 41.9%, FIIs 2.0%, DIIs 0.2%, Public 52.2%, Others 3.7%.Jun '26: Promoters 41.9%, FIIs 2.4%, DIIs 0.2%, Public 55.3%, Others 0.1%.Jul '26: Promoters 41.9%, FIIs 2.0%, DIIs 0.3%, Public 55.7%, Others 0.1%.Aug '26: Promoters 40.0%, FIIs 2.0%, DIIs 0.3%, Public 57.6%, Others 0.1%.

Who was buying across the market this quarter →

Who bought this quarter

since Jul 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 5 holders trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Aug 2026 filing

Every holder of Lloyds Engineering Works Limited above SEBI's 1% disclosure line, and what changed since Jul 2026.

HolderStakeChange
Lloyds Enterprises Limited 31.16%−1.49 pp
Thriveni Earthmovers Private Limited 8.64%−0.41 pp
Aeon Trading Llp 4.41%−0.21 pp
Lloyds Metals & Minerals Trading Llp 4.41%−0.21 pp
Ritaben Bharatbhai Patel 1.13%−0.06 pp
Ravikant Uppal 1.02%newly disclosed
Ravi Babulal Agarwal 0.01%unchanged
Mukesh Rajnarayan Gupta 0.00%unchanged
Abha Gupta 0.00%unchanged
Rajesh Rajnarayan Gupta 0.00%unchanged
Renu Rajesh Gupta 0.00%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Growth trap

To justify its price of ₹83, this stock must grow earnings at 44% every year for 7 years. Our analysis caps realistic growth at ~28%. At that growth it is worth ₹39 — downside of 53%.

Growth the price implies
44.0% a year
for 7 years, fading to 4%
It has actually compounded at
22.0% a year
net profit, FY24–FY26 · EPS 28.2%
The gap
0.2 pp
-53% downside if it only repeats history
Price today ₹82.76 Value at the reference growth ₹39.02

Change the assumptions yourself →

Learn to analyse Lloyds Engineering Works Limited

Guides on how to read this kind of business and the numbers that matter.