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Earnings Call

Lloyds Engineering Works Earnings Call: Key Takeaways

Lloyds Engineering (LEWL) transitions to a fully integrated engineering conglomerate post-merger, reporting proforma FY26 revenue of ₹3,253.89cr and PAT of ₹330.73cr with significant expansion in defense and niche sectors.

Highlights
Revenue growthStandalone up 131% YoY in Q4; Proforma up 318% FY26.
MarginsStandalone EBITDA margins compressed from 17.3% to 15.1% YoY.
Order bookTotal group order book at ₹8,335.15 crore as of May 2026.
Demand visibilityStrong order book visibility over 39 months for SAIL project.

Growth

Proforma FY26 revenue grew 318% YoY to ₹3,253.09cr; standalone Q4FY26 revenue surged 131% YoY to ₹411.86cr.

Outlook

Robust order book of ₹8,335.15cr; expanding into drones, naval systems, and acquiring BECL assets in Bhilai.

Risks

EBITDA margin compression noted (15.06% vs 18.67% FY25) due to shifting business mix toward lower-margin EPC.

Source

Earnings Call filed with BSE, 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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