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Earnings Call

Lloyds Engineering Works Earnings Call: Key Takeaways

Lloyds Engineering (LEWL) delivered massive scale-up post-merger with LICL, transforming into a fully integrated engineering conglomerate with proforma FY26 revenue of ₹3,253.9cr and PAT of ₹330.7cr.

Highlights
Revenue growthStandalone FY26: +39% YoY; Q4FY26: +131% YoY.
MarginsFY26 Proforma EBITDA margin 15.06%; standalone FY26 margin 17.27%.
Order bookProforma: ₹8,335.15cr; LICL: ₹5,691.76cr; Engineering: ₹2,492.69cr.
Demand visibilityStrong visibility via ₹8,335cr order book and 39-month project timelines.
Management confidenceStrong bottom-line leverage and execution ramp-up highlighted.

Growth

Standalone FY26 revenue grew 39% YoY to ₹1,052cr; Q4FY26 revenue surged 131% YoY to ₹412cr.

Outlook

Order book of ₹8,335cr; expansion into Defence, Electrical Engineering, and asset acquisition of BECL.

Risks

Business mix impacts EBITDA margins; reliance on large-scale infrastructure and industrial project cycles.

Source

Earnings Call filed with NSE, NSE: LLOYDSENGG. Summary written with AI assistance from the document.

Read the document ↗

Lloyds Engineering Works Ltd: key numbers

Share price
₹98.56
Market cap
₹14,189 Cr
Revenue (annual)
₹1,301 Cr
Net profit (annual)
₹189.9 Cr
P/E (TTM)
63.4×Sector 53.6×
Promoter holding
40.00%-1.92% QoQ
FII holding
2.02%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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