L

Lloyds Engineering Works Ltd

LLOYDSENGG NSE

Key Fundamentals

MicrocapIndustrial ProductsCapital Goods
Market Cap
₹13,492 Cr
Volatility
Moderate
P/E Ratio
54.14
EBITDA
₹239 Cr
Return on Equity
9.24%
Debt to Equity
0.07
Book Value
₹11.34
EPS
₹0.77
52W High
₹99.75
52W Low
₹37.4

Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Growth Rate

Revenue Growth
55.31% ↗
Net Income Growth
43.98% ↘
Cash Flow Change
-265.06% ↘
ROE
-43.03% ↘
ROCE
-41.88% ↘
EBITDA Margin (Avg.)
-3.38% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 5d ago
AI opinion · based on fundamentals
Risk high

Lloyds Engineering Works Ltd is a ₹13,430 Cr capital goods company trading at a PE of 57.6x, with TTM sales growth of 54% and TTM profit growth of 70%. The company has a consolidated order book exceeding ₹8,800 Cr and has seen its stock deliver a 5-year CAGR of 103%, though promoter holding has declined by 18.7% over the last three years.

Bull Case 7
  • TTM revenue growth of 54% indicates strong top-line momentum, with Q1 FY27 consolidated revenue at ₹527 Cr reflecting 143% YoY growth
  • TTM profit growth of 70% outpaces revenue growth, suggesting operating leverage and margin expansion with net profit margin at approximately 12.8%
  • Consolidated order book of ₹8,857 Cr as of June 2026 provides multi-year revenue visibility relative to current annualised revenue run-rate
  • Stock price CAGR of 103% over 5 years and 52% over 10 years demonstrates sustained long-term wealth creation track record
  • FY25 annual report showed EBITDA growth of 33.9% YoY and PAT growth of 24.9% YoY, with order book growing 45.5% YoY
  • Company is diversifying into defence, infrastructure, and technology platforms through subsidiaries and mergers, broadening addressable market
  • ROE of 15% in the last year indicates reasonable capital efficiency for a capital goods company in a growth phase
Bear Case 8
  • PE ratio of 57.6x is significantly above the capital goods sector median, leaving limited margin of safety if growth slows
  • Promoter holding has decreased by 18.7% over the last 3 years, dropping from ~56% to ~42%, signalling dilution or stake sales
  • Price-to-book ratio of 8.13x is elevated for a traditional engineering and fabrication company, pricing in substantial future growth
  • Dividend yield of just 0.27% offers negligible income return, meaning investors are entirely dependent on capital appreciation
  • Promoter group sold approximately 9% stake via block deal in February 2026 at around ₹550 Cr, raising concerns about insider confidence
  • Longer-term 3-year and 5-year compounded sales and profit growth data are unavailable, making it difficult to assess consistency of earnings trajectory
  • Multiple entity mergers (LICL, MHPL, TIPL into LEWL) add integration complexity and potential execution risk
  • One-year stock CAGR of 41% has already priced in much of the near-term earnings growth at current PE multiples

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 2d ago
Positives 3
  • Q1FY27 revenue surges 143% YoY Aug 6

    Consolidated revenue hit ₹527.15 crore for Q1FY27, up 143% YoY. Net profit rose to ₹68.23 crore and order book expanded 81% to ₹2,817.42 crore.

  • UAS defence production partnership Jul 28

    Subsidiary Lloyds Advance Defence Systems signed a deal with Poland's Flyfocus for licensed manufacturing, marketing, and joint R&D of Unmanned Aerial Systems in India.

  • ESOP pool expansion proposed Aug 6

    Company proposes increasing ESOP pool from 4.40 crore to 7.35 crore shares, signalling confidence in talent retention and growth ahead.

Neutral 6
  • ₹200 Cr loan for steel infra Aug 14

    Secured ₹200 crore loan from Tata Capital to acquire equity in Steel Infra Solutions, deepening its steel infrastructure play.

  • Rights issue utilisation update Aug 6

    Board approved variation in rights issue objects; ₹660.52 crore utilised and ₹326.73 crore remains unutilised as of June 30, 2026.

  • ₹5,250 Cr RPT limit sought Jul 30

    Seeking shareholder approval for ₹5,250 crore related-party transaction limit with Lloyds Metals and Energy and a ₹5,000 crore borrowing cap at the Aug 21 AGM.

  • ₹130 Cr corporate guarantee approved Aug 6

    Board approved ₹130 crore corporate guarantee for associate Lloyds Infrastructure & Construction Ltd. Board confirmed nil impact on the listed entity.

  • AGM scheduled Aug 21 Aug 1

    32nd Annual General Meeting set for August 21, 2026, to be held via video conferencing.

  • FY26 BRSR report filed Jul 30

    Submitted Business Responsibility and Sustainability Report for FY26, detailing energy efficiency gains and workforce metrics.

TL;DR: Lloyds Engineering is firing on all cylinders operationally — Q1FY27 showed explosive 143% revenue growth and an 81% order book expansion to ₹2,817 crore, signalling strong execution momentum. The company is also diversifying into defence (UAS) and deepening its steel infrastructure footprint via acquisitions. No clear headwinds emerged in this news cycle, though the large RPT limits and borrowing cap requests warrant monitoring. The growth trajectory looks firmly upward heading into FY27.

Quarterly Results

  Sep 2023Dec 2023Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
122
201
266
232
217
317
272
495
527
Expenses
98
166
223
197
190
268
220
434
461
Operating Profit
24
36
44
35
27
49
53
61
66
OPM %
20%
18%
16%
15%
12%
15%
19%
12%
13%
Other Income
1
1
10
7
9
8
24
9
13
Interest
1
1
3
3
2
4
4
4
3
Depreciation
1
1
3
3
3
6
6
7
7
PBT
23
35
48
35
30
47
67
59
69
Tax %
19%
23%
25%
36%
43%
8%
16%
34%
20%
Net Profit
19
27
36
20
30
54
67
46
68
EPS in Rs
0.13
0.19
0.24
0.12
0.2
0.44
0.52
0.33
0.44
Figures in ₹ Crores

Profit & Loss

  Mar 2025Mar 2026TTM
Sales
846
1,301
1,611
Expenses
711
1,111
1,382
Operating Profit
135
190
229
OPM %
16%
15%
14%
Other Income
24
49
54
Interest
9
14
15
Depreciation
10
22
26
PBT
141
203
242
Tax %
23%
23%
—
Net Profit
105
198
236
EPS in Rs
0.7
1.36
1.73
Div. Payout %
28%
19%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2025Mar 2026
Equity Capital
117
144
Reserves
531
1,527
Borrowings
83
109
Other Liabilities
260
585
Total Liabilities
991
2,365
Fixed Assets
233
431
CWIP
63
71
Investments
16
77
Other Assets
678
1,786
Total Assets
991
2,365
Figures in ₹ Crores

Cash Flow

  Mar 2025Mar 2026
Operating
153
-253
Investing
-109
-460
Financing
-45
788
Net Cash Flow
-1
74
Free Cash Flow
154
-494
CFO/OP
141
-115
Figures in ₹ Crores

Ratios

  Mar 2025Mar 2026
Debtor Days
117
67
Inventory Days
59
209
Days Payable
71
93
Cash Conversion Cycle
105
184
Working Capital Days
101
188
ROCE %
—
16%

Shareholding Pattern

As of Jul 2026
Promoters 41.91%
Public 37.34%
Others 18.44%
FIIs 2.02%
DIIs 0.30%
Total 100.01%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022May 2022Jun 2022Sep 2022Dec 2022Mar 2023May 2023Jun 2023Jul 2023Sep 2023Oct 2023Dec 2023Jan 2024Feb 2024Mar 2024Jun 2024Sep 2024Oct 2024Dec 2024Jan 2025Mar 2025Jun 2025Sep 2025Dec 2025Feb 2026Mar 2026May 2026Jun 2026Jul 2026
Promoters
46.12%
53.41%
53.41%
53.41%
53.41%
57.65%
57.65%
57.65%
57.65%
57.65%
60.64%
60.64%
59.78%
59.78%
59.78%
59.78%
57.36%
57.36%
57.25%
57.25%
57.25%
56.38%
56.38%
56.22%
56.22%
49.36%
49.26%
49.26%
49.06%
41.92%
41.91%
41.91%
41.91%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
1.39%
2.12%
2.23%
2.20%
2.88%
3.33%
2.66%
2.22%
2.16%
0.00%
1.90%
1.97%
2.12%
2.44%
2.02%
DIIs
0.06%
0.06%
0.06%
0.06%
0.06%
0.05%
0.05%
0.05%
0.08%
0.05%
0.05%
0.05%
0.05%
0.05%
0.08%
0.09%
0.09%
0.10%
0.14%
0.14%
0.16%
0.16%
0.16%
0.17%
0.16%
0.15%
0.16%
0.16%
0.17%
0.18%
0.18%
0.24%
0.30%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
40.99%
43.03%
42.53%
42.07%
43.18%
39.10%
39.08%
38.51%
37.29%
36.39%
33.95%
33.67%
34.61%
34.40%
33.95%
33.55%
35.25%
35.02%
34.85%
34.31%
34.12%
35.12%
34.61%
34.14%
34.90%
37.42%
38.29%
38.29%
38.03%
34.56%
38.04%
37.30%
37.34%
Others
12.83%
3.50%
4.00%
4.46%
3.36%
3.20%
3.22%
3.79%
4.98%
5.90%
5.36%
5.64%
5.56%
5.76%
6.19%
6.57%
7.29%
7.52%
6.37%
6.17%
6.24%
6.13%
5.97%
6.14%
6.05%
10.85%
10.13%
12.29%
10.83%
21.37%
17.75%
18.11%
18.44%
No. of Shareholders
1,68,002
2,12,691
2,20,807
3,22,647
4,00,833
4,00,591
4,02,878
3,97,869
3,80,276
3,55,708
3,50,594
3,43,224
3,43,230
3,62,946
3,57,220
3,55,127
3,52,994
3,69,607
3,77,729
3,92,659
4,24,312
4,25,940
4,24,038
4,18,012
4,24,677
4,41,037
4,29,812
4,24,434
4,20,875
4,14,439
4,13,793
4,18,624
4,18,796

Documents

1
Concall - Oct 2022 Oct 2022
2
Concall - Feb 2023 Feb 2023
3
Concall - Apr 2023 Apr 2023
4
Concall - Oct 2024 Oct 2024
5
Concall - Oct 2024 Oct 2024

Frequently Asked Questions about Lloyds Engineering Works Ltd

Where is Lloyds Engineering Works Ltd (LLOYDSENGG) listed?
Lloyds Engineering Works Ltd is listed on the Indian stock exchanges. It is listed on NSE: LLOYDSENGG and BSE: 539992. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Lloyds Engineering Works Ltd belong to?
Lloyds Engineering Works Ltd operates in the Capital Goods sector within the Industrial Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Lloyds Engineering Works Ltd?
Lloyds Engineering Works Ltd has a market capitalisation of approximately ₹13491.55 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Lloyds Engineering Works Ltd?
The Price-to-Earnings (PE) ratio of Lloyds Engineering Works Ltd is 54.14. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Lloyds Engineering Works Ltd?
Over the past 52 weeks, Lloyds Engineering Works Ltd has traded between a low of ₹37.4 and a high of ₹99.75. This range helps investors understand the stock's price volatility and recent trading levels.
Does Lloyds Engineering Works Ltd pay dividends?
Yes, Lloyds Engineering Works Ltd has a dividend yield of 0.27%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Lloyds Engineering Works Ltd?
Lloyds Engineering Works Ltd has a Return on Equity (ROE) of 9.24%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Lloyds Engineering Works Ltd on Tapetide?
On Tapetide, you can view Lloyds Engineering Works Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Listed 2016-07-18

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