Lloyds Engineering Works logo

Lloyds Engineering Works share price

NSE: LLOYDSENGGBSE: 539992Industrial ManufacturingSmall Cap

LLOYDS ENGINEERING WORKS LIMITED · Formerly Lloyds Steels Industries · Face value ₹1 · Listed Jul 2016
Last close ₹83.82down ₹0.02 (0.02%)BSE ₹83.95

Share price at the NSE close on 28 Oct 2026. Previous close ₹83.84.

28 Oct: open ₹83.74, high ₹85.35, low ₹82.81

52-week range of traded prices to 28 Oct 2026
₹37.40Low, 30 Mar 2026₹104.20High, 30 Sep 2026
Market cap
₹13,001 Cr653rd largest listed
P/E
Earlier quarters restated in the year
P/B
7.78
Dividend yield
0.30%
ROCE
11.8%
Debt to equity
0.02
Volume, NSE
47,76,32635.0% delivered

Lloyds Engineering Works share price chart

Daily closes since Jul 2016, adjusted for splits and bonuses

+43.4%over a year · Nifty Microcap 250 +2.3% · Nifty 500 −8.8%

Results20-session average 1,32,61,517 shares a day, 33.5% delivered

About Lloyds Engineering Works

Lloyds Engineering Works is an Indian company that designs, manufactures, fabricates and installs heavy equipment and engineered systems for oil and gas, steel, power, nuclear energy and defence customers.12 It also makes elevators, escalators, motors and pumps, fabricates structural steel for airports, metros and bridges, and builds naval systems for the Indian Navy and Indian Coast Guard.345

It runs 4 businesses: engineering and fabrication, electrical engineering, EPC (engineering, procurement and construction, where one contractor designs, buys for and builds a project) and infrastructure, and defence and marine technologies.67 Its products include pressure vessels, heat exchangers, columns, boilers and steel plant equipment, marine loading arms, ship fin stabilisers and steering systems, and Eco Pickled Surface (EPS) lines that clean steel without acid.38

The company says it was established in 1974, starting with a manufacturing unit in Andheri, Mumbai, and later expanding to MIDC Murbad in Thane.9 It bought 76% of Metalfab Hightech on 20 May 2025 and set up Lloyds Advance Defence Systems as its defence subsidiary on 11 Dec 2025, and now holds 85% of that company.101112 Its holding company is Lloyds Enterprises, and its chairman, Mukesh Rajnarayan Gupta, is the founder of the Lloyds Group; the promoter group held 41.92% of its shares on 31 Mar 2026.131415

Lloyds Engineering Works key points

Results

  • In the quarter to Jun 2026, consolidated total income rose 139% to ₹5,402 million and EBITDA (earnings before interest, tax, depreciation and amortisation) rose 124% to ₹792 million, a 14.7% margin. Profit after tax including associates rose 127% to ₹682 million.16
  • In the year to Mar 2026, consolidated revenue rose 53.85% to ₹1,301.14 crore and EBITDA rose 41.66% to ₹225.71 crore, or about 50% to ₹239.07 crore, from ₹159.33 crore, counting a one-time profit on a land sale at Metalfab Hightech.171819
  • Consolidated profit after tax rose 44.0% to ₹155.51 crore in the year to Mar 2026, or 88.09% to ₹197.57 crore including ₹42.06 crore, its share of associates' profit.202122
  • Consolidated revenue by group company, year to Mar 202623
    Itemyear to Mar 2026
    Lloyds Engineering Works (LEWL)₹971.97 crore (75%)
    Techno Industries₹179.85 crore (14%)
    Metalfab Hightech₹149.32 crore (11%)

Business segments

  • EPC and infrastructure. Lloyds Infrastructure & Construction, a 24.2% associate (a company it partly owns), builds turnkey mining-to-metal, steel and power projects in Gadchiroli, Maharashtra; its total income rose 52.72% to ₹6,408 million in the quarter to Jun 2026.2425
  • Electrical engineering. Techno Industries had total income of ₹1,873 million in the year to Mar 2026, against ₹1,574 million a year earlier; the presentation of 6 Aug 2026 gives its order book as ₹1,975 million.26
  • Fabrication. Metalfab Hightech, a light fabrication business, had total income of ₹1,641 million in the quarter to Jun 2026, against ₹266 million a year earlier, when it was counted only from its acquisition, and an order book of ₹1,962 million.2728

Plants and capacity

  • Manufacturing floor area by plant, square metres293031
    Itemquarter to Jun 2026
    SISCOL (Steel Infra Solutions Company)99,584
    Nagpur90,000
    Bhilai65,000
    Murbad35,000
    Ahmedabad10,000
    In its presentation of 6 Aug 2026, the company put the total at about 300,000 square metres, counting SISCOL and the Bhilai engineering division it was still acquiring, and said the Ahmedabad unit is expanding to 60,000.
  • Metalfab Hightech can fabricate 24,000 metric tonnes (MT) of steel a year, and SISCOL's 6 units 100,000 MT a year.3233

Order book

  • Order book (orders received but not yet delivered), end of Jun 2026, ₹ million313334
    Itemquarter to Jun 2026
    Combined, including Lloyds Infrastructure & Construction and SISCOL88,569
    Lloyds Infrastructure & Construction48,302
    SISCOL11,974
    Defence855

Customers and partners

  • In the year to Mar 2026, the process equipment business won orders from Reliance Industries, Nayara Energy, L&T Hydrocarbons, Technip Energies and Engineers India.35
  • In the year to Mar 2026, the defence systems business delivered steering gear and fin stabiliser systems for 2 naval vessels under construction at Garden Reach Shipbuilders and Goa Shipyard.36
  • With Primetals Technologies, the company is a consortium partner for a 4.2 million tonne a year pellet plant at SAIL's IISCO steel plant, Burnpur, responsible for detailed design, engineering and some equipment; the consortium contract is about ₹613 crore plus €18.26 million.37

Proposed merger

  • On 29 Dec 2025, the board approved a scheme to merge Lloyds Infrastructure & Construction, Metalfab Hightech and Techno Industries into the company, with a proposed effective date of 1 Apr 2025.3839
  • The company stated in its annual report for the year to Mar 2026 that it plans to issue about 38.1 crore shares for the merger, taking its share count, with partly paid shares, to 185.52 crore from 147.42 crore, before the SISCOL share issue.4041
  • As of its exchange filing of 19 May 2026, the merger had Competition Commission of India approval and NSE and BSE no-objection letters, and still needed shareholder, creditor and National Company Law Tribunal approval.4243

What the company expects

  • In its presentation of 6 Aug 2026, the company said the combined platform targets revenue of more than ₹10,000 crore in the year to Mar 2030, with improving margins and return ratios.4445
  • The company stated in its annual report for the year to Mar 2026 that its electrical engineering business aims for annual revenue above ₹500 crore within 3 to 5 years.46

Recent events

  • On 17 Aug 2026, the company bought 51.13% of Steel Infra Solutions Company (SISCOL), a heavy steel fabricator with turnover of ₹816.87 crore in the year to Mar 2026, paying partly with 7,00,42,458 new shares at ₹71.25 each.474841
  • In its exchange filing of 10 Jan 2026, the company reported a purchase agreement with The Material Works, USA, giving it exclusive rights to make and sell EPS cells worldwide except China, Macao, Hong Kong, Taiwan and within 350 miles of Red Bud, Illinois.4950
  • On 26 Dec 2025, Techno Industries became a wholly owned subsidiary after the company bought the remaining 12% for ₹22.70 crore.51

Last updated

All 51 sources, each with its page
  1. 1. Annual report, 30 Jul 2026, page 96
  2. 2. Annual report, 30 Jul 2026, page 12
  3. 3. Investor presentation, 6 Aug 2026, page 20
  4. 4. Investor presentation, 6 Aug 2026, page 15
  5. 5. Annual report, 30 Jul 2026, page 62
  6. 6. Investor presentation, 6 Aug 2026, page 27
  7. 7. Investor presentation, 6 Aug 2026, page 14
  8. 8. Annual report, 30 Jul 2026, page 135
  9. 9. Annual report, 30 Jul 2026, page 11
  10. 10. Annual report, 30 Jul 2026, page 134
  11. 11. Investor presentation, 6 Aug 2026, page 25
  12. 12. Investor presentation, 6 Aug 2026, page 24
  13. 13. Exchange filing, 17 Aug 2026, page 1
  14. 14. Investor presentation, 6 Aug 2026, page 29
  15. 15. Annual report, 30 Jul 2026, page 12
  16. 16. Investor presentation, 6 Aug 2026, page 5
  17. 17. Annual report, 30 Jul 2026, page 12
  18. 18. Annual report, 30 Jul 2026, page 126
  19. 19. Investor presentation, 6 Aug 2026, page 8
  20. 20. Annual report, 30 Jul 2026, page 33
  21. 21. Annual report, 30 Jul 2026, page 12
  22. 22. Annual report, 30 Jul 2026, page 310
  23. 23. Annual report, 30 Jul 2026, page 32
  24. 24. Investor presentation, 6 Aug 2026, page 9
  25. 25. Investor presentation, 6 Aug 2026, page 14
  26. 26. Investor presentation, 6 Aug 2026, page 7
  27. 27. Investor presentation, 6 Aug 2026, page 8
  28. 28. Investor presentation, 6 Aug 2026, page 14
  29. 29. Investor presentation, 6 Aug 2026, page 15
  30. 30. Investor presentation, 6 Aug 2026, page 15
  31. 31. Investor presentation, 6 Aug 2026, page 5
  32. 32. Annual report, 30 Jul 2026, page 127
  33. 33. Investor presentation, 6 Aug 2026, page 14
  34. 34. Investor presentation, 6 Aug 2026, page 25
  35. 35. Annual report, 30 Jul 2026, page 49
  36. 36. Annual report, 30 Jul 2026, page 64
  37. 37. Annual report, 30 Jul 2026, page 129
  38. 38. Annual report, 30 Jul 2026, page 135
  39. 39. Annual report, 30 Jul 2026, page 129
  40. 40. Annual report, 30 Jul 2026, page 129
  41. 41. Exchange filing, 17 Aug 2026, page 4
  42. 42. Exchange filing, 19 May 2026, page 1
  43. 43. Exchange filing, 13 May 2026, page 1
  44. 44. Investor presentation, 6 Aug 2026, page 25
  45. 45. Investor presentation, 6 Aug 2026, page 25
  46. 46. Annual report, 30 Jul 2026, page 42
  47. 47. Exchange filing, 17 Aug 2026, page 1
  48. 48. Exchange filing, 17 Aug 2026, page 2
  49. 49. Exchange filing, 10 Jan 2026, page 1
  50. 50. Exchange filing, 10 Jan 2026, page 2
  51. 51. Annual report, 30 Jul 2026, page 134

Results

Standalone, as consolidated accounts are on record for only 2 of the last ten years; ₹ crore.Lloyds Engineering Works quarterly results

Quarter to Jun 2026, against the quarter before

Revenue
₹356 Crdown 13.61%
Net profit
₹43 Crup 11.53%
Net margin
12.2%

Revenue by quarter

₹212 CrSep 24₹230 CrDec 24₹178 CrMar 25₹174 CrJun 25₹244 CrSep 25₹222 CrDec 25₹412 CrMar 26₹356 CrJun 26
Peak revenue ₹412 Cr, quarter to Mar 2026; lowest ₹174 Cr, quarter to Jun 2025

Net profit by quarter, a loss in red

₹28 CrSep 24₹34 CrDec 24₹17 CrMar 25₹18 CrJun 25₹33 CrSep 25₹29 CrDec 25₹39 CrMar 26₹43 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue212230178174244222412356
Net profit2834171833293943
Net margin13.2%14.7%9.5%10.1%13.6%12.9%9.5%12.2%
Standalone. The last eight quarters. The latest is shaded.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Engineering₹1,267 Crup 62.90%87.1%
  • Electrical₹187 Crup 101.07%12.9%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Not shown, P/E: a results filing in the last twelve months restated the quarters before it inside its year to date, so the four quarters as the company reported them do not add to a twelve-month profit; the ratio returns once the trailing year no longer holds a quarter from before the restatement.Lloyds Engineering Works PE ratio and valuation

Price to book

At or below today's level on 74% of 240 trading days over the last year.

LowestHighest
Its median6.96Industry median2.53
Dividend yield

At or below today's level on 84% of 2,401 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.42%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−33.9%−4.0%−31.8%0.7%
3 years+28.6%+30.2%−1.6%0.5%
5 years+101.5%+171.2%−25.9%0.5%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Lloyds Engineering Works shareholding pattern

Shareholding by group

  • Promoters40.00%
  • Foreign institutions2.84%
  • Indian institutions0.23%
  • Individuals and others56.84%
  • Employee trusts0.08%
Holder
LLOYDS ENTERPRISES LIMITEDPromoter31.16%
THRIVENI EARTHMOVERS PRIVATE LIMITEDCompanies8.64%
AEON TRADING LLPPromoter4.41%
LLOYDS METALS AND MINERALS TRADING LLPPromoter4.41%
RITABEN BHARATBHAI PATELResident individuals, over ₹2 lakh at face value1.13%
RAVI KANT UPPALResident individuals, over ₹2 lakh at face value1.02%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Promoters have pledged 18.73% of their shares. Since Aug 2026: promoters unchanged, foreign institutions +0.82 pts, Indian institutions −0.08 pts, mutual funds unchanged.

The filing reports 7,07,42,458 of its 1,55,10,38,912 shares locked in.

Mutual fund holdings

9 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 7 of the 7 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.

Bought for the first time
1
Added
2
Cut
5
Held unchanged
1
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 29 Oct 2025.Lloyds Engineering Works insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Promoters and promoter group: no market trade · 7 pledge filings of unclear kind
  • Others: no market trade · 7 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Lloyds Engineering Works competitors and peers

Industrial Products, 190 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Lloyds Engineering Works in market cap.Capital goods stocks

Lloyds Engineering Works is not on the chart: it has no P/E or return on equity today

Return on equity across, P/E up, size is market cap
Company
Jyoti CNC Automation logoJyoti CNC AutomationJYOTICNC21,13265.6810.56+17.4%−4.4%17.4%16.9%0.00%
Kaynes Technology India logoKaynes Technology IndiaKAYNES21,10861.084.45+34.9%+8.7%9.1%8.5%0.00%
LMW logoLMWLMW17,50985.375.76+19.4%+71.6%7.0%5.1%0.21%
Tega Industries logoTega IndustriesTEGA13,062618.223.83+84.9%−89.4%0.9%2.3%0.12%
Bonfiglioli Transmissions logoBonfiglioli TransmissionsBONFIG11,439––––––0.00%
Omnitech Engineering logoOmnitech EngineeringOMNI8,895–13.09––––0.00%
Dynamatic Technologies logoDynamatic TechnologiesDYNAMATECH8,294195.4810.45+17.3%0.0%5.6%9.2%0.11%
Kennametal India logoKennametal IndiaKENNAMET8,29242.309.71+29.1%+90.5%24.5%30.0%1.06%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Lloyds Engineering Works dividend history

Dividend per share, ₹, restated for later splits and bonuses

Mar 17Mar 18Mar 19Mar 20Mar 210.1Mar 220.1Mar 230.2Mar 240.3Mar 250.3Mar 26
Highest ₹0.25 a share, years to Mar 2025 and Mar 2026.
Ex-dateTypePer share
14 Aug 2026Final₹0.25
14 Aug 2025Final₹0.25
19 Jul 2024Final₹0.20
17 Jul 2023Final₹0.10
4 Aug 2022Final₹0.05
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Lloyds Engineering Works announcements

Lloyds Engineering Works share price by year

Each calendar year to 2025.Lloyds Engineering Works share price history

YearClose at year endChangeHighest closeLowest close
202556.02−27.1%87.7848.26
202476.83+85.6%91.8342.45
202341.40+156.3%55.6516.00
202216.15−18.0%27.458.55
202119.70+1,870.0%19.700.85
20201.00+122.2%1.450.30
20190.45−60.9%1.200.40
20181.15−52.1%3.800.95
20172.40+37.1%2.401.30
20161.75–2.601.05
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2016 is from its first session, 18 Jul 2016.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 202683.5086.4282.7583.8484.9176,13,16933.3%
26 Oct 202683.7584.5282.2983.2483.3057,41,48730.1%
23 Oct 202687.3087.3881.7384.6183.871,05,51,25634.1%
22 Oct 202690.8091.7786.9187.3289.2598,56,62934.0%
21 Oct 202694.5195.7090.0091.0191.7190,04,02642.3%
19 Oct 202696.5097.9093.6294.3195.2875,17,72334.4%
16 Oct 202691.3999.3390.5096.3797.533,05,33,32723.5%
15 Oct 202694.3094.4990.6091.3991.5363,84,92739.0%
14 Oct 202692.8595.5392.2094.1593.9573,77,97228.0%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Rights issue and open offer history

Ex-dateEventPrice factorWhat happened
28 Apr 2025Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
14 Dec 2023Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
Each event is noted and not adjusted for.

Company details

Chairperson
MUKESH R GUPTA
At the end of the quarter to Sep 2026
NSE symbol
LLOYDSENGG
BSE code
539992
ISIN
INE093R01011
Industry
Industrial Manufacturing
Former symbols
LSIL
CIN
L28900MH1994PLC081235
Corporate identity number, the registrar of companies' code for it
Incorporated
1994
Registered office
Plot No A -5/5, MIDC Indusrial Area, Murbad,Dist.Thane, 421401, Maharashtra
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments