Lloyds Engineering Works Ltd · NSE:LLOYDSENGG
Lloyds Engineering Works — H1 FY26 Earnings Presentation
37 slides from Lloyds Engineering Works's earnings presentation, Nov 7, 2025
Slide 1: Exchange filing cover letter for earnings presentation
RS/LLOYDSENGG/BSEL-NSEL/2025/97 7th November 2025 The Department of Corporate Services, The National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, 27th Floor, P.J. Towers, Dalal Street, Bandra (East), Mumbai - 400 051 Mumbai - 400 001 ISIN: INE093R01011 Scrip Code
Slide 2: Lloyds Engineering Works Ltd Investor Presentation November 2025
LLOYDS ENGINEERING WORKS LTD (LEWL) November 2025 Investor Presentation
Slide 3: Disclaimer
Disclaimer The information contained herein has been prepared by Lloyds Engineering Works Ltd.(LEWL”) relying on information obtained from sources believed to be reliable but LEWL does not guarantee the accuracy or completeness of such information. Except for statements of historical facts, the info
Slide 4: Contents
Contents . Quarterly Results Investment Thesis Business Overview About Us Financials & Shareholding
Slide 5: Result Highlights – H1FY26
"im . Result Highlights -H1FY26
Slide 6: Q2 & H1FY26 Standalone Result Highlights
Q2 & H1FY26– Standalone Result Highlights ₹ Crores Revenue EBITDA PBT 243.95 45.25 17.99% 17.25% 38.05 37.59 14.99% 20.38% 12.54% 212.14 YoY YoY YoY 33.81 Q2FY25 Q2FY26 Q2FY25 Q2FY26 Q2FY25 Q2FY26 418.40 18.19% 18.00% 78.21 67.57 347.57 64.59 20.38% 21.1% 17.57% YoY YoY YoY 57.47 H1FY25 H1FY26 H1FY2
Slide 7: Q2 & H1 FY26 Result Highlights
•. Q2 & H1 FY26– Result Highlights 1. Strong Standalone Performance • Revenue growth remained healthy, rising ~15% YoY in Q2FY26 and ~20% YoY in H1FY26, driven by strong execution across business lines. • EBITDA delivered double-digit YoY growth, with margins stable at ~18%, reflecting disciplined c
Slide 8: Q2 & H1 FY26 Standalone Profit & Loss
Q2 & H1 FY26– Standalone Profit & Loss Particulars (₹ crores) Q2FY26 Q2FY25 YoY Q1FY26 QoQ H1FY26 H1FY25 YoY Revenue 243.95 212.15 14.99% 174.45 39.84% 418.4 347.57 20.38% Other Income 7.52 5.76 30.56% 8.62 -12.76% 16.14 7.6 112.37% RM consumed 132.69 147.62 -10.11% 113.30 17.11% 245.99 226.38 8.66%
Slide 9: Techno Industries (88% Stake)
Techno Industries (88% Stake) Particulars (₹ cr) H1FY26 H1FY25 Mar-25 Total Income 70.12 60.25 157.36 EBITDA -2.37 -3.72 9.73 EBITDA Margin (%) - 6.18% PBT -5.74 -5.73 4.53 PAT -4.29 -4.38 3.27 • Healthy Orderbook of ₹124.54 cr • Prestigious order being received from Railways and Real estate develop
Slide 10: Metalfab (76% Subsidiary)
Metalfab (76% Subsidiary) Particulars (₹ cr) H1FY26 H1FY25 Mar-25 Total Income 84.55 62.35 159.79 EBITDA 18.31 8.84 23.98 EBITDA Margin (%) 21.65% 14.18% 15.01% PBT 16.63 8.47 19.93 PAT 15.27 8.47 -2.45 • Consistent Margins delivery • Stable growth performance going head with Order Book of ₹ 152.64
Slide 11: LICL (24.2% Stake-Associate)
LICL (24.2% Stake-Associate) Particulars (₹ cr) H1FY26 Mar-25 Total Income 911.23 1073.24 EBITDA 147.95 113.17 EBITDA Margin (%) 16.23% 10.54% PBT 129.32 90.74 PAT 99.19 66.66 • H1FY26 EBITDA already surpassed FY25 numbers • Order book of ~₹4,558 cr, mix of orders from group companies & third-party
Slide 12: Q2 & H1 FY26 Consolidated Profit & Loss
Q2 & H1 FY26– Consolidated Profit & Loss Particulars (₹ crores) Q2FY26 H1FY26 FY25 Revenue 316.66 533.67 845.74 Other Income 8.19 16.99 24.16 RM consumed 172.16 309.41 535.47 Employee 21.90 42.41 50.25 Other expenses 73.92 106.71 124.85 EBITDA 56.82 92.13 159.33 EBITDA Margin (%) 17.94% 17.26% 18.84
Slide 13: Order book position
Order book position LEWL Standalone 31st March 2023 ₹ 682.94 cr New Orders in H1FY26 ₹406.83 cr 31st March 2025 ₹ 1315.38 cr Order book as 30th Sept 2025 ₹1303.81 cr Subsidiaries and associates Strategic Project wins order book as on 30th September 2025 Lloyds Engineering Works along with Primetals
Slide 14: Strategic Outlook – Growth Trajectory
Growth Trajectory – A Way Ahead Strategic Outlook FY26 Revenue FY26 EBITDA Next phase of Growth to be driven: 1. Organic growth 2. Growth led by Acquisitions done Targeting 4x Margins of over FY23-25. growth of FY25 15-18% 3. Consolidation of Group Companies 4 x of FY25 having presence in EPC and ot
Slide 15: Balance Sheet - Consolidated
Balance Sheet- Consolidated Particulars (₹ Crores) FY25 H1FY26 Fixed Assets 78.91 147.51 Capital Work In Progress 63.09 92.55 Goodwill 122.78 153.08 Right To Use 24.97 70.82 Investments 24.65 52.24 Other Assets 24.37 19.64 Sub-Total Non Current Assets 338.77 535.84 Inventories 86.2 240.38 Trade Rece
Slide 16: Investing in Lloyds Engineering Works
Investing in Lloyds Engineering Works
Slide 17: Strategic Drone Partnership with FlyFocus
Creating a niche in underpenetrated Sector through “Technological Tie-ups” 1. Strategic Drone Partnership with FlyFocus for Drones Memorandum of Understanding (MoU) with With a ₹6.8 lakh crore FY26 defence outlay and FlyFocus Sp. z o.o., a Warsaw-based specialist in over 90% of MoD contracts awarded
Slide 18: Strategic Partnership with CEMI for Process Optimisation
Creating a niche in underpenetrated Sector through “Technological Tie-ups” 2. Strategic Partnership with CEMI to Drive Industrial Process Optimisation in India Tie-up with CEMI Process Optimisation, for Position Lloyds Engineering at the advanced process control, dynamic intersection of industrial g
Slide 19: Major Order win with Primetals for SAIL – IISCO Pellet Plant
Creating a niche in underpenetrated Sector through “Strategic Project wins” 3. Major Order win in Consortium with Primetals for SAIL – IISCO Pellet Plant Consortium with Primetals technologies Order for design & execution of 4.2 MTPA India Pvt. Ltd. & Primetals technologies pellet plant at SAIL – II
Slide 20: The Material Works Eco Pickled Surface technology tie-up
Creating a niche in underpenetrated Sector through “Technological Tie-ups” 4. The Material Works, Ltd. (TMW) for the transfer of cutting-edge Eco Pickled Surface (EPS Gen 4) technology Huge opportunity; given steel ministry Secured orders exceeding ₹50 crores vision of building 300mnt steel capacity
Slide 21: Agreement with TB Global for Marine Loading Arms
Creating a niche in underpenetrated Sector through “Technological Tie-ups” 5. Agreement with TB Global Technologies Ltd (TBG) through which LEWL will provide Marine Loading Arms and Swivel Joints. Engineering products that are the first of their kind in the Indian market Upcoming Port capacities pro
Slide 22: Strategic collaboration with Fincantieri
Creating a niche in underpenetrated Sector through “Technological Tie-ups” 6. Strategic collaboration with Fincantieri S.p.A This collaboration aims to jointly manufacture high-quality products for the Indian Navy and Coast Guard o Product diversification in defence and aerospace manufacturing. o In
Slide 23: LEWL's Entry into Electrical Engineering
LEWL’s Entry into “Electrical Engineering” Long-term benefits of this acquisition ❑ Building and Compounding on Existing Strong Base and grow Multifold in the next 5 years ❑ Expand capacities in Motors and Pumps and built on pre-qualification with entities like NTPC, BHEL etc to build a more robust
Slide 24: Acquisition of Bhilai Engineering Corporation assets
LEWL’s further solidifies its Engineering Capabilities & Capacities” (LEWL) to acquire the engineering Assets of Bhilai Engineering Corporation Limited (BECL) Long-term benefits of this acquisition ❑ Complementary to LEWL's existing product lines, enhancing production capabilities. FABRICATION ❑ Inc
Slide 25: Our Forces – Unified and Client-Centric approach
Our Forces – Unified and Client-Centric approach Playing on Strengths to deliver robust output in the most efficient manner Technological Bandwidth- Tie- Five Decades of Experience ups Enriched experienced has Technological Tie-ups ensure the most established Brand Equity in qualitative and best-in-
Slide 26: Strategic Plant Location
Strategic Plant Location All workshops being adjacent to each other brings in the logistic advantage. Strategic location of the plant with all workshops adjacent to each other helps in better absorption Shop A of Overhead costs Shop B & C A centralised Raw Murbad, Thane Material procurement system h
Slide 27: Our Offerings and Solutions
Our Offerings and Solutions Boilers Steel Plants Equipment 26
Slide 28: Our Offerings and Solutions
Our Offerings and Solutions DRI & Power plants erection work in progress on turnkey basis 27
Slide 29: Our Offerings and Solutions
Our Offerings and Solutions Heat Exchangers Air/Gas Drying Systems 28
Slide 30: Our Offerings and Solutions
Our Offerings and Solutions Pressure Vessels Column 29
Slide 31: Broad-Based Clientele
Broad-Based Clientele i eccwoas WORKS: YN an ToTAL SS Q Reliance ci BNBEC lan¢ es = lndustmes Limited = thyssenkrupp foc a 4 St a Ue ADITYA BIRLA AY a ; PDIL ot. © supa, NRL Rashtriye Chemicals and Fertilizers Limited yooN Oo “ww WELSPUN Manor SMS © group AM/NS _ IndianOil le A aS ae YW
Slide 32: More than Four Decades of Experience
More than Four Decades of Experience Mr Shreekrishna Gupta Shri. Mukesh R. Gupta Whole Time Director Chairman & Whole Time Director Krishna has great experience as an entrepreneur and A Commerce Graduate and successful Industrialist has successfully started and created two brands in very having a va
Slide 33: Financials
Financials
Slide 34: New Manufacturing Capacities
New Manufacturing Capacities – To support increasing order book & Future growth ▪ LEWL has already begun enhancing its capacities. ▪ Capacity expansion of ~2x underway, thus providing solid headroom to grow. ▪ Modernising & overhauling the asset base to deliver superior growth. Enhancing & Enabling
Slide 35: Financials At a Glance
Financials At a Glance ₹ Crores Revenue EBITDA & PAT Return Ratios (%) 755.78 145.23 26.32 624.24 21.99 20.17 108.43 99.72 22.27 22.12 18.88 79.83 312.61 58.04 8.37 36.82 14.46 4.39 5.95 50.10 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 EBITDA PAT RoCE RoE *EBITDA includes Other Inco
Slide 36: Shareholding Structure
Shareholding Structure Price Movement (₹) Shareholding as of 30th September 2025(%) 100 90 80 70 60 50 Public, Promoters, 40 48.42% 49.26% 30 20 10 0 FII's & DII's, 2.32% Particulars Number of shares – Fully Paid up 116.55 crs.. Number of shares – Partly Paid Up 30.85 crs Exchange NSE: LLOYDSENGG BS
Slide 37: Thank You
Thank You lloyds_ir@lloyds.in www.lloydsengg.in +91 9892183389
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