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    Lloyds Engineering Works Limited

    Engineering group making steel-plant equipment, boilers, pressure vessels; also defence, electrical, EPC arms.

    Capital Goods
    Industrials
    ₹88.56
    +15.00% from avg

    Overview

    Price

    ₹88.56

    Market Cap

    ₹13.4k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    2

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY25FY26FY26
    LiabilitiesEquity Capital117132144
    Reserves5311.1k1.5k
    Borrowings83189109
    Other Liabilities260468590
    Total Liabilities9911.8k2.4k
    AssetsFixed Assets233378431
    CWIP639371
    Investments164077
    Other Assets6781.3k1.8k
    Total Assets9911.8k2.4k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY25FY26
    ActivitiesCash from Operating158-253
    Cash from Investing-109-461
    Cash from Financing-45788
    SummaryCapital Expenditure
    Free Cash Flow92-314
    FCF Margin

    Valuation

    Assumptions

    Current — LLOYDSENGG
    Price
    ₹89
    EPS (TTM)
    ₹1.49
    PE (TTM)
    59.4
    Profit growth

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (58.0×) and current (59.4×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹89
    vs
    Fair value · 15% return
    ₹60
    32%Overvalued

    At 10% growth and a 58× exit, ₹89 only delivers your return if you pay ₹60. The price is currently baking in 18% growth.

    EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 58×.

    YearGrowthEPS (₹)
    FY2710.0%1.64
    FY2810.0%1.80
    FY2910.0%1.98
    FY3010.0%2.18
    FY3110.0%2.40
    FY328.0% ·fade2.59
    FY336.0% ·fade2.75

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Lloyds Engineering Works Limited

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