Lloyds Engineering Works Ltd

AI

Lloyds Engineering Works Ltd

₹ 90.0 -2.38%
21 Aug - close price
About

Established in 1974, Lloyds Steels Industries is primarily engaged in the design, Manufacturing, and Commissioning of heavy equipment, machinery & systems for the HydroCarbon Sector, Oil & Gas, Steel Plants, Power Plants, Nuclear Plant Boilers, and Turnkey Projects. [1][2]

Key Points

Products Offered[1]
a) Hydrocarbon Sector: The company designs and manufactures products like Pressure Vessels and heat Exchangers, Columns, Waste heat recovery Boilers, and Air/Gas/Liquid Dryers for the Hydrocarbon sector.

  • Market Cap 13,940 Cr.
  • Current Price 90.0
  • High / Low 99.8 / 37.4
  • Stock P/E 96.7
  • Book Value 11.4
  • Dividend Yield 0.28 %
  • ROCE 14.6 %
  • ROE 10.6 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 199% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 29.4%
  • Debtor days have improved from 77.5 to 45.8 days.
  • Company's median sales growth is 19.1% of last 10 years

Cons

  • Stock is trading at 7.89 times its book value
  • Promoter holding has decreased over last 3 years: -18.7%
  • Working capital days have increased from 139 days to 223 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
113 122 201 188 135 212 230 178 174 244 222 412 356
99 98 166 161 110 180 190 152 150 206 186 359 310
Operating Profit 15 24 36 27 25 32 39 27 24 38 36 53 46
OPM % 13% 20% 18% 14% 19% 15% 17% 15% 14% 15% 16% 13% 13%
2 1 1 3 2 6 10 5 9 8 10 11 14
Interest 1 1 1 1 1 2 2 2 1 3 3 3 3
Depreciation 1 1 1 2 2 2 2 2 2 4 5 5 5
Profit before tax 15 23 35 27 24 34 45 28 30 38 38 56 52
Tax % 14% 19% 23% 22% 10% 17% 25% 40% 40% 13% 25% 30% 17%
13 19 27 21 21 28 34 17 18 33 29 39 43
EPS in Rs 0.09 0.13 0.19 0.15 0.15 0.19 0.23 0.11 0.12 0.28 0.24 0.28 0.30
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
510 117 76 122 98 114 70 50 313 624 756 1,052 1,234
493 118 79 152 103 117 80 45 260 523 633 900 1,061
Operating Profit 18 -2 -3 -30 -6 -3 -10 5 53 101 123 152 172
OPM % 3.5% -1.5% -3.9% -25% -6% -2.5% -14% 9% 17% 16% 16% 14% 14%
9 8 6 34 10 8 13 10 3 7 22 36 43
Interest 23 4 0 0 0 1 1 1 4 4 7 11 12
Depreciation 1 1 1 1 1 2 2 1 2 4 8 16 19
Profit before tax 3 1 1 3 3 3 1 12 49 100 130 161 184
Tax % 0% 0% 18% 31% 9% 24% 27% 51% 25% 20% 23% 27%
3 1 1 2 3 2 0 6 37 80 100 118 144
EPS in Rs 0.01 0.01 0.02 0.02 0.02 0.00 0.05 0.28 0.55 0.68 0.85 1.10
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 76% 27% 29% 29% 30%
Compounded Sales Growth
10 Years: 25%
5 Years: 72%
3 Years: 50%
TTM: 55%
Compounded Profit Growth
10 Years: 69%
5 Years: 199%
3 Years: 45%
TTM: 50%
Stock Price CAGR
10 Years: 51%
5 Years: 109%
3 Years: 33%
1 Year: 31%
Return on Equity
10 Years: 13%
5 Years: 15%
3 Years: 15%
Last Year: 11%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 0.05 90 90 90 90 90 90 90 99 114 117 144
Reserves 91 3 15 17 20 23 24 45 96 297 528 1,451
1 0 0 0 1 1 5 25 52 75 45 81
834 475 450 403 277 44 33 34 123 85 197 348
Total Liabilities 926 569 555 510 388 158 151 194 371 571 888 2,024
12 13 12 11 12 14 14 14 33 77 80 168
CWIP 0 0 0 0 0 0 0 4 26 11 63 66
Investments 0 0 0 0 0 0 0 0 0 5 194 289
913 556 543 499 376 144 137 176 312 478 550 1,501
Total Assets 926 569 555 510 388 158 151 194 371 571 888 2,024

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
15 1 -4 -4 -2 -9 18 -17 -3 -45 160 -334
11 0 3 5 1 12 -17 -12 -54 -97 -106 -396
-23 -4 -0 -0 -0 -0 -0 36 46 142 -55 800
Net Cash Flow 3 -4 -1 0 -1 3 0 7 -11 1 -1 69
Free Cash Flow 25 -0 -4 -5 -3 -10 17 -29 -38 -87 97 -380
CFO/OP 86% -31% 126% 15% 33% 268% -176% -380% 15% -21% 160% -198%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 205 1,028 1,416 503 348 79 46 72 34 89 98 46
Inventory Days 55 330 349 35 324 142 162 1,627 222 92 31 167
Days Payable 194 398 630 42 340 105 62 259 48 25 55 60
Cash Conversion Cycle 67 960 1,136 495 333 116 146 1,439 208 156 74 153
Working Capital Days 45 204 323 210 269 242 423 787 157 107 86 223
ROCE % 55% 5% 2% 3% 3% 3% 1% 9% 28% 28% 23% 15%

Insights

In beta
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Gross Block (PPE)
INR Crore

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Permanent Employees
count
Order Book (LEWL Standalone)
INR Crore
Defence (Naval & Defence) share of Order Book
%
Steel (Mining to Metal) share of Order Book
%
New Order Inflow (LEWL Standalone)
INR Crore

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Jul 2026
59.79% 57.25% 57.25% 57.25% 56.39% 56.23% 49.36% 49.26% 49.26% 41.92% 41.92% 41.92%
1.03% 1.39% 2.12% 2.22% 2.87% 2.66% 2.22% 2.15% 1.93% 1.97% 2.44% 2.02%
0.09% 0.13% 0.14% 0.15% 0.16% 0.16% 0.15% 0.16% 0.16% 0.18% 0.24% 0.29%
39.09% 41.03% 40.45% 40.35% 40.57% 40.66% 48.26% 48.41% 48.63% 52.21% 55.30% 55.68%
0.00% 0.20% 0.03% 0.02% 0.00% 0.29% 0.02% 0.01% 0.01% 3.72% 0.11% 0.10%
No. of Shareholders 3,55,1273,77,7353,92,6594,24,3124,24,0384,24,6774,36,7494,29,8124,24,4394,18,2484,18,9044,18,796

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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