Techno Industries Private Limited, a subsidiary of Lloyds Engineering Works Limited, has won a contract worth Rs 23.11 crore from Mumbai Railway Vikas Corporation Limited. The contract involves designing, manufacturing, supplying, and installing escalators at various Central Railway locations. The project has a 24-month completion timeline. Lloyds Engineering owns 88% of Techno Industries, making it a material subsidiary.
Lloyds Engineering Works Limited (LEWL) aims to quadruple its FY25 revenue by FY26 through expansion in defense, technological partnerships, EPC consolidation, and marine infrastructure development. Q1 financial results show 28.82% YoY growth in revenue to ₹174.45 crore, 22.07% growth in EBITDA to ₹32.96 crore, and 24.77% growth in PBT to ₹29.52 crore. The company's order book stands at ₹1,337.57 crore. LEWL is pursuing strategic initiatives including partnerships with The Material Works, Ltd., TB Global Technologies Ltd., and Fincantieri S.p.A. The company has also made acquisitions and is expanding its capacity to support future growth.
29Jul 25
Lloyds Engineering Works Reports 28.82% Revenue Growth in Q1FY26, Maintains Strong Order Book
Lloyds Engineering Works Limited (LEWL) reported robust Q1FY26 results with revenue increasing 28.82% to ₹174.45 crore. EBITDA rose 22.07% to ₹32.96 crore, while PBT grew 24.77% to ₹29.52 crore. The company maintained a strong order book of ₹1,337.57 crore and secured new orders worth ₹205.71 crore. LEWL completed a rights issue raising ₹493.62 crore and made strategic acquisitions to enhance capabilities. The engineering segment performed well, while the electrical segment faced challenges. Management remains optimistic about future growth prospects.
Lloyds Engineering Works Limited (LEWL) has expanded its partnership with Italy's FINCANTIERI S.p.A to include Controllable Pitch Propeller (CPP) Systems and Shafting Systems. This move enhances LEWL's capabilities in naval propulsion, aligning with India's Atmanirbhar Bharat initiative. The collaboration aims to develop and manufacture these systems domestically, potentially making LEWL one of the first Indian companies to do so. LEWL's current defense sector order book exceeds Rs 100.00 crore for FY25, with this partnership expected to boost long-term revenue growth.
20May 25
Lloyds Engineering Bolsters Heavy Engineering Capabilities with 76% Stake in Metalfab Hightech
Lloyds Engineering Works Limited has acquired a 76% stake in Metalfab Hightech for ₹284.00 crore. This strategic acquisition aims to strengthen Lloyds Engineering's position in the heavy engineering sector by enhancing capabilities, expanding market reach, and creating operational synergies. The move is expected to boost the company's competitiveness and potentially reshape the industry landscape.
07May 25
Lloyds Engineering Works Q4 Results: Revenue Dips, EBITDA Margin Improves
Lloyds Engineering Works' Q4 financial results show a 5.32% decrease in revenue to ₹1.78 billion, but a slight improvement in EBITDA to ₹268.00 million. The EBITDA margin increased to 15.00% from 14.25% year-over-year, indicating enhanced operational efficiency. However, net profit declined by 20.02% to ₹169.00 million. The company demonstrates effective cost management despite revenue challenges, but faces ongoing market pressures.
02May 25
Lloyds Engineering Works to Unveil Q4 and FY 2025 Results on May 7
Lloyds Engineering Works Limited's Board of Directors will meet on May 7, 2025, to approve Q4 and FY 2025 financial results. The agenda includes reviewing audited standalone and consolidated results, considering a final dividend, and ensuring compliance with SEBI regulations. A trading window closure is in effect from April 1, 2025, until 48 hours after results declaration for designated persons and their relatives.