Lloyds Engineering Works Ltd (LLOYDSENGG) AI Stock Analysis

• Market Cap: ₹65.77B
• Dividend Yield: 0.43%
• Average Volume (3M): 262.42K
• Price to Earnings (P/E): 46.0
• Beta (1Y): 1.82
• Revenue Growth: 40.02%
• EPS Growth: 26.77%
• Country: IN
• Employees: 277
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): N/A
• Shares Outstanding: 1,474,202,000
• 10 Day Avg. Volume: 222,769
• 30 Day Avg. Volume: 262,417
• PEG Ratio: 2.92
• Price to Book (P/B): 9.42
• Price to Sales (P/S): 7.22
• P/FCF Ratio: 66.80
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: ₹46.00 ▼(-15.43% Downside)

Lloyds Engineering Works Ltd's strong financial performance is offset by bearish technical indicators and a high valuation. The stock's oversold condition may present a buying opportunity, but the high P/E ratio and low dividend yield suggest caution. The absence of recent earnings call data and corporate events limits further insights.

Positive Factors

Revenue Growth

Sustained ~40% revenue growth signals strong product demand and successful go-to-market execution. Over the next 2–6 months this supports scale benefits, investment capacity and stronger negotiating leverage with suppliers and customers, underpinning durable top-line momentum.

Improving Profitability

Consistent margin expansion demonstrates operational efficiency and pricing power. Higher and improving gross/EBITDA margins convert revenue into durable earnings, enhancing free cash generation capacity and resilience to input cost swings over the medium term.

Conservative Balance Sheet

A favorable debt-to-equity profile and solid equity base provide financial flexibility to fund capex, absorb shocks, and pursue acquisitions without immediate refinancing pressure. This underpins long-term solvency and strategic optionality.

Negative Factors

Cash Flow Volatility

History of negative FCF in prior periods indicates inconsistency converting profits into cash. If fluctuations persist, the company may face constraints financing growth, working capital needs or payouts, raising execution risk despite strong reported earnings.

Need for Stronger Cash Management

Management’s ability to sustain positive operating cash conversion is critical. Intermittent cash management gaps can force reliance on external funding, increase interest costs or delay strategic investments, limiting durable growth and operational stability.

Limited Public Disclosure

Sparse disclosure and lack of recent investor events reduce visibility into strategy, capital allocation and risk exposure. This hampers stakeholder oversight and makes it harder to assess medium-term execution, governance and structural planning reliability.

Lloyds Engineering Works Ltd Business Overview & Revenue Model

Company Description

Lloyds Engineering Works Limited provides engineering products and services in India. It designs, engineers, manufactures, fabricates, supplies, erects, and commissions mechanical, hydraulic, structural, process plants, metallurgical, and chemical plants equipment, including marine loading/unloading arms, truck/wagon loading/unloading arms, columns, pressure vessels, dryers, boilers, power plant, steel plant, and capital equipment. The company also executes turnkey and EPC projects. It serves hydrocarbon; steel; nuclear; marine/defense; power; and port, jetty, and refinery industries. The company was formerly known as Lloyds Steels Industries Limited and changed its name to Lloyds Engineering Works Limited in July 2023. Lloyds Engineering Works Limited was founded in 1974 and is based in Mumbai, India.

How the Company Makes Money

Lloyds Engineering Works Ltd generates revenue through multiple streams, primarily by providing engineering services and manufacturing specialized industrial equipment. The company earns money from direct sales of its products, which are often customized to meet client specifications. Additionally, LLOYDSENGG offers maintenance and repair services, creating a recurring revenue model as clients require ongoing support for their equipment. Key partnerships with major industries, such as oil and gas companies, enhance their market reach and lead to long-term contracts, contributing significantly to the company's earnings. The firm may also engage in joint ventures or collaborations to expand its technological capabilities and market access, further bolstering its financial performance.

Lloyds Engineering Works Ltd Financial Statement Overview

Summary

Lloyds Engineering Works Ltd exhibits strong revenue growth and profitability, with robust operational performance and sound financial management. The balance sheet is stable with low leverage, though cash flow management needs consistent improvement.

Income Statement

Lloyds Engineering Works Ltd has demonstrated strong revenue growth over the years, with particularly impressive gains in recent periods. The company's gross profit margin and net profit margin both show healthy profitability levels, with margins consistently improving, indicating efficient cost management. The EBIT and EBITDA margins are also robust, signaling strong operational performance.

Balance Sheet

The balance sheet reflects a stable financial structure with a favorable debt-to-equity ratio, suggesting prudent financial management and relatively low leverage. The return on equity is good, indicating effective use of shareholder capital. The equity ratio is solid, underscoring a strong asset base backed by equity, though there could be potential risks if liabilities increase.

Cash Flow

Cash flows have improved significantly, with positive free cash flow growth in the latest period. The operating cash flow to net income ratio indicates efficient cash generation from operations. However, prior periods showed negative free cash flows, suggesting fluctuations in cash management. Continued focus on maintaining positive free cash flows will be critical.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	9.27B	8.46B	6.22B	3.13B	494.22M	699.28M
Gross Profit	2.11B	1.85B	1.18B	665.00M	136.07M	41.28M
EBITDA	1.60B	1.35B	1.07B	555.44M	144.64M	24.38M
Net Income	1.12B	1.03B	798.38M	368.23M	59.47M	5.04M
Balance Sheet
Total Assets	0.00	9.91B	5.71B	3.71B	1.94B	1.51B
Cash, Cash Equivalents and Short-Term Investments	1.35B	1.36B	1.25B	80.74M	245.94M	182.89M
Total Debt	0.00	826.50M	753.02M	522.04M	233.03M	48.12M
Total Liabilities	-6.66B	3.25B	1.60B	1.75B	588.87M	380.04M
Stockholders Equity	6.66B	6.48B	4.11B	1.95B	1.35B	1.13B
Cash Flow
Free Cash Flow	0.00	914.09M	-645.77M	-363.96M	-274.22M	151.46M
Operating Cash Flow	0.00	1.58B	-137.52M	-11.72M	-153.41M	175.41M
Investing Cash Flow	0.00	-1.09B	-967.50M	-536.54M	-145.77M	-167.62M
Financing Cash Flow	0.00	-450.94M	1.42B	456.46M	362.22M	-3.12M

Lloyds Engineering Works Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 54.39
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:LLOYDSENGG, the sentiment is Negative. The current price of 54.39 is above the 20-day moving average (MA) of 48.83, above the 50-day MA of 51.84, and below the 200-day MA of 60.03, indicating a bearish trend. The MACD of -2.77 indicates Positive momentum. The RSI at 33.15 is Neutral, neither overbought nor oversold. The STOCH value of 41.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:LLOYDSENGG.

Lloyds Engineering Works Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PARAS	68 Neutral	₹57.43B	78.20	―	0.07%	24.92%	50.07%
INGERRAND	66 Neutral	₹105.24B	39.76	―	2.34%	5.68%	9.74%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
KIRLPNU	60 Neutral	₹74.00B	38.40	―	0.97%	6.51%	-1.61%
KSB	59 Neutral	₹123.32B	46.96	―	0.51%	9.50%	14.52%
LLOYDSENGG	58 Neutral	₹65.77B	45.96	―	0.43%	40.02%	26.77%
ISGEC	58 Neutral	₹55.49B	29.61	―	0.59%	-4.14%	-35.66%

Lloyds Engineering Works Ltd Corporate Events

Lloyds Engineering Issues First and Final Call Notice on Partly Paid Rights Shares

Lloyds Engineering Works Ltd has announced that it is dispatching the first and final call notice, along with detailed instructions and the ASBA application form, to holders of partly paid equity shares that were issued on a rights basis, with eligibility determined by the record date of January 28, 2026. The documents are also being made available on the company’s and its registrar’s websites, marking a key step toward completing payment on these partly paid rights shares and progressing the company’s ongoing capital-raising process, which is relevant for existing shareholders tracking their payment obligations and entitlement status.

Lloyds Engineering Publishes Record Date Notice for Final Call on Rights Shares

Lloyds Engineering Works Limited has notified stock exchanges that it has published newspaper advertisements announcing the record date for the first and final call on its partly paid-up rights equity shares issued under its recent rights issue. The notices, carried in national English daily Business Standard and Marathi daily Mumbai Lakshadeep, are intended to formally inform shareholders and the market of the timetable and mechanics for payment of the remaining amount on these rights shares, marking a procedural step toward fully paid-up equity and completion of the capital-raising process.

Lloyds Engineering Works Signs Global Licensing Deal for TMW’s Eco Pickled Surface Technology

Lloyds Engineering Works Limited has entered into an international purchase and licensing agreement with The Material Works Limited (TMW) of the United States, granting Lloyds the rights to design, manufacture and sell TMW’s patented Eco Pickled Surface (EPS) Generation 4 cells globally, excluding China, Macao, Hong Kong, Taiwan and a defined 350‑mile radius around Red Bud, Illinois. Under the arrangement, TMW will license its EPS Gen 4 technology and provide technical support, positioning Lloyds to expand into advanced, acid‑less steel pickling solutions for flat‑rolled metals and potentially strengthening its technological capabilities and market reach in environmentally friendly steel processing equipment.

Lloyds Engineering Works Clears Merger to Build Vertically Integrated Infra Powerhouse

Lloyds Engineering Works Limited has secured board approval for a strategic merger that will fold Lloyds Infrastructure & Construction Limited, Metalfab Hightech Private Limited and Techno Industries Private Limited into a single consolidated entity under Lloyds Engineering Works. The combination unifies high-end engineering design, heavy and specialized manufacturing, and large-scale EPC and infrastructure execution into a vertically integrated platform, positioning the company as a full “design-to-execution” industrial solutions provider with an order book of about ₹6,150 crore as of the first half of FY26, and enabling it to pursue larger, more complex, multi-disciplinary contracts while capturing greater value across the project lifecycle.

Lloyds Engineering Expands with New Defense Subsidiary

Lloyds Engineering Works Limited has announced the incorporation of a wholly owned subsidiary, Lloyds Advance Defence Systems Limited, which will focus on manufacturing, assembly, integration, testing, and supply of defense systems and technologies. This strategic move is expected to enhance the company’s capabilities in the defense sector, potentially strengthening its market position and offering new opportunities for growth and innovation in defense-related technologies.

Lloyds Engineering Signs Key Contracts with Kliver Polska

Lloyds Engineering Works Limited, a company involved in engineering solutions, has announced the signing of two significant contract agreements with Kliver Polska Sp.zo.o., a Polish company. These agreements, dated November 20, 2025, involve the development of towed reels and an operational test tilt stand, with respective values of 1,63,900 USD and 3,10,000 Euro. This strategic partnership is expected to enhance Lloyds Engineering’s capabilities in developing multifunctional underwater platforms, potentially strengthening its market position and offering new opportunities for growth.

Lloyds Engineering Works Ltd Announces Strategic Moves and Financial Results

Lloyds Engineering Works Ltd announced the approval of various financial and strategic decisions during its board meeting on November 7, 2025. Key highlights include the approval of audited financial results for the quarter and half-year ending September 30, 2025, and the formation of a joint venture with Techno Industries Private Limited to bid for government tenders in the elevator and escalator sector. The company also entered into an agreement with Geomysore Services India Private Limited to receive equity shares in exchange for services, and noted the grant and allotment of equity shares under the Employee Stock Option Plan to employees of its subsidiaries and associates.