Lloyds Engineering Works Ltd · NSE:LLOYDSENGG
Lloyds Engineering Works — Q2 FY2027 Earnings Presentation
40 slides from Lloyds Engineering Works's earnings presentation, Nov 2, 2026
Slide 1: Exchange filing cover letter
RS/LLOYDSENGG/BSEL-NSEL/2026/96 November 2, 2026 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 Scrip Code: 539992 Symbol: LLO
Slide 2: Investor Presentation November 2026
INVESTOR PRESENTATION November 2026
Slide 3: Why Lloyds Engineering Works?
Why Lloyds Engineering Works? 50+ Years of Heritage Diversified Business Integrated Manufacturing Technology Partnerships Deep engineering legacy built since Diversified presence across Engineering, End-to-end capabilities spanning Exclusive global tie-ups across 1974, evolving into an integrated El
Slide 4: Financial Overview
Financial Overview Investor Presentation | Lloyds Engineering Works Limited 3
Slide 5: Q2 & H1FY27: Highlights
Q2 & H1FY27: Highlights H1 Consolidated pro forma income up 74% and EBITDA up 50% YoY — scaled execution, an ₹1,03,554 Mn order book and targeted capability investment THE SCOREBOARD — H1FY27 PRO FORMA, ₹ Mn Q2 actual consolidated growth +87% YoY Revenue reached ₹5,936 Mn; EBITDA rose 40% to ₹795 Mn
Slide 6: Post merger Consolidated Pro-forma Income Statement
Post merger Consolidated Pro-forma Income Statement Particulars (₹ Mn) Q2-FY27 Q2-FY26 Y-o-Y H1-FY27 H1-FY26 Y-o-Y Total Income 13,691 8,065 70% 25,501 14,619 74% EBITDA 1,924 1,219 58% 3,588 2,398 50% PBT 1,467 1,029 43% 2,815 2,059 37% PAT 1,088 870 25% 2,122 1,598 33% EPS (₹) 0.56 0.47 19% 1.09 0
Slide 7: LICL (24.2% Stake-Associate)
LICL (24.2% Stake-Associate) Particulars (₹ Mn) Q2-FY27 Q2-FY26 Y-o-Y H1-FY27 H1-FY26 Y-o-Y Total Income 7,615 4,917 55% 14,023 9,112 54% EBITDA 1,068 670 59% 2,001 1,480 35% EBITDA Margin (%) 14.02% 13.62% 40 bps 14.27% 16.24% (197 bps) PBT 827 571 45% 1,546 1,293 20% PAT 595 445 34% 1,138 992 15%
Slide 8: SISCOL (51.70% Stake)
SISCOL (51.70% Stake) Particulars (₹ Mn) H1-FY27 Total Income 5,002 EBITDA 511 EBITDA Margin (%) 10.22% PBT 279 PAT 203 Order book stands at ₹12,601 Mn Investor Presentation | Lloyds Engineering Works Limited 7
Slide 9: Metalfab (76% Stake)
Metalfab (76% Stake) Particulars (₹ Mn) Q2-FY27 Q2-FY26 Y-o-Y H1-FY27 H1-FY26 Y-o-Y Total Income 340 579 (41%) 1982 846 134% EBITDA 57 104 (45%) 305 183 67% EBITDA Margin (%) 16.76% 17.96% (120 bps) 15.39% 21.63% (624 bps) PBT 49 106 (54%) 288 166 73% PAT 41 106 (61%) 218 153 42% • Stable growth per
Slide 10: Lloyds Advance Defence Systems (85% stake)
LLOYDS ADVANCE DEFENCE SYSTEMS (85% stake) Particulars (₹ Mn) H1-FY27 Total Income 74 EBITDA 12 EBITDA Margin (%) 16.22% PBT 12 PAT 9 Order book stands at ₹81 Mn Investor Presentation | Lloyds Engineering Works Limited 9
Slide 11: Techno Industries (WOS)
Techno Industries (WOS) Particulars (₹ Mn) Q2-FY27 Q2-FY26 H1-FY27 H1-FY26 Total Income 507 378 899 701 EBITDA (45) 12 (91) (24) EBITDA Margin (%) - 3.17% - - PBT (83) (4) (158) (57) PAT (96) (1) (161) (43) • Healthy Orderbook of ₹2,527 Mn • Prestigious order being received from Railways and Real es
Slide 12: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (₹ Mn) Q2-FY27 Q2-FY26 Y-o-Y Q1-FY27 Q-o-Q H1-FY27 H1-FY26 Y-o-Y Revenue 5,936 3,167 87% 5,272 13% 11,207 5,337 110% Other Income 140 82 71% 131 7% 271 170 59% Manufacturing, Construction & Operating 4,654 2,357 97% 4,198 11% 8,845 3,975 123%
Slide 13: Quarterly Standalone Financial Performance
Quarterly Standalone Financial Performance Particulars (₹ Mn) Q2-FY27 Q2-FY26 Y-o-Y Q1-FY27 Q-o-Q H1-FY27 H1-FY26 Y-o-Y Revenue 3,623 2,445 48% 3,558 2% 7,181 4,184 72% Other Income 150 70 114% 144 4% 294 161 83% Manufacturing, Construction & Operating 2,863 1,876 53% 2,872 (-) 5,736 3,212 79% Expen
Slide 14: Company Overview
Company Overview
Slide 15: Integrated Infrastructure Solutions - One platform, four engines
Integrated Infrastructure Solutions-One platform, four engines 1 ENGINEERING 2 ELECTRICAL LIGHT FABRICATION — Legacy Ops, Metalfab & Bhilai MOTORS & PUMPS — Techno Industries • Metalfab Q2FY27: ₹340 Mn revenue, 16.76% EBITDA margin • LT & HT motors and pumps; new HT line at Vatva, live FY27 • Bhilai
Slide 16: Strategic Plant Location
Strategic Plant Location Ahmedabad Unit 10,000 sq m Current Manufacturing LT & HT motors • Pumps Capacity ~300,000 sq m • Elevators & Escalators • New defence equipment line • Expanding from 10,000 to 60,000 sq m. Murbad Unit Nagpur Unit 35,000 sq m 90,000 sq m • Pressure vessels Structural fabricat
Slide 17: From Fabrication to Defence — Engineering at Scale
From Fabrication to Defence — Engineering at Scale Refinery & Petrochemical Complex Heavy Fabrication Pressure Vessels & Boilers Heavy Machinery Plants & Structures Naval, Defence & Offshore Investor Presentation | Lloyds Engineering Works Limited 16
Slide 18: Diversified Industry Presence
Diversified Industry Presence Steel & Metals Mining & Metals Hydrocarbon Oil & Gas Refining Petrochemicals Chemicals Fertilizers Power Nuclear Power Defence & Marine Ports & Marine Infrastructure & Steel Processing Industrial Services Construction (Eco Pickling) Investor Presentation | Lloyds Engine
Slide 19: Broad-Based Clientele
Broad-Based Clientele Investor Presentation | Lloyds Engineering Works Limited 18
Slide 20: Business Overview
Business Overview
Slide 21: Integrated Engineering Capabilities
Integrated Engineering Capabilities Niche Engineering Electrical Engineering Fabrication Specialized engineering solutions Electromechanical Solutions Heavy fabrication & complex engineered equipment • Marine Loading Arms & Swivel Joints • Elevators • Fin Stabilizers • Escalators • Process equipment
Slide 22: Engineering Excellence Across Fabrication & EPC
Engineering Excellence Across Fabrication & EPC Defence and Marine EPC & Infrastructure • Advanced Defence • Engineering, Procurement Engineering &Construction (EPC) • Naval Systems • Industrial & infrastructure projects • Defence Platforms • Concept to commissioning Pressure Vessel Steel Plant Proj
Slide 23: Project Portfolio, Execution & Order Book
Project Portfolio, Execution & Order Book Key Ongoing Projects Order Value Segment (₹ Mn) • Power Plant Project, Lloyds Metals & Energy Ltd. 30.09.2026 • Mining to Metal Project Steel Authority of India Limited (SAIL). Mining to Metal 15,494 • Eco Pickling Line Project Lloyds Enterprises Ltd. Power
Slide 24: Strategic Overview
Strategic Overview Investor Presentation | Lloyds Engineering Works Limited 23
Slide 25: Group Structure & Strategic Ecosystem
Group Structure & Strategic Ecosystem Current Group Structure Lloyds Engineering Works Limited Techno Industries Pvt Lloyds Infrastructure Metalfab Hightech Pvt Lloyds Advance Steel Infra Solutions Ltd Construction Ltd Ltd Defence Systems Ltd. Company Limited (wholly owned (24.2% associate (76% owne
Slide 26: From Equipment Manufacturer to Integrated Platform
From Equipment Manufacturer to Integrated Platform The Bhilai and SISCOL acquisitions are two steps in a single strategy - building design-to-delivery scale for India's infrastructure cycle WHY IT MATTERS Design-to-Delivery Integration Capacity & Margin Unlock Bigger, Better Bids New End-Markets SIS
Slide 27: Strategic Technology Ecosystem
Strategic Technology Ecosystem Creating a Niche Through Global Technology Tie-Ups Exclusive partnerships bring proven global technology into India's under-penetrated process, marine and defence segments — opening high-margin, recurring revenue streams. CEMI TB Global Technologies The Material Works
Slide 28: Strategic Overview
Strategic Overview Transforming into a Diversified Engineering & Technology Platform Designing Business Diversification Manufacturing Expansion Heavy Engineering Diversified into Engineering Metalfab & Bhilai acquisitions; ~2x Solutions, Electrical Engineering, fabrication capacity. Engineering Solu
Slide 29: Four Pillars Driving Lloyds Engineering's Growth
Four Pillars Driving Lloyds Engineering's Growth A deliberate shift from a single-discipline equipment manufacturer to an integrated, technology-led infrastructure platform. Vertical Integration Technology-Led Niches Defence & Marine Capacity Scale-Up Expansion LEWL–LICL merger Global tie-ups (CEMI,
Slide 30: Key Management Personnel
Key Management Personnel – Lloyds Engineering Works Ltd. Mr. Mukesh Rajnarayan Gupta, Chairman & Whole-time Director Mr. Shreekrishna Mukesh Gupta, Executive Director Shri. Mukesh R. Gupta is a Commerce Graduate and successful Mr. ShreeKrishna has great experience as an entrepreneur and has Industri
Slide 31: Board of Directors
Board of Directors Mr. Balasubramaniam Prabhakaran, Additional Non-Executive Director Mr. Rajashekhar Mallikarjun Alegavi, Non-Executive Director Mr. Rajashekhar Mallikarjun Alegavi holds a Bachelor's degree in Mr. Balasubramaniam Prabhakaran brings over three decades of Chemical Engineering from th
Slide 32: Board of Directors
Board of Directors Mrs. Alka Upadhyay, Independent Director Mr. Devidas Kamble, Independent Director Mrs. Alka Upadhyay is a seasoned business leader with over three Mr. Devidas Kamble holds a Master's degree in Commerce and decades of experience in strategy, sustainability, business development qua
Slide 33: Corporate Social Responsibility
Corporate Social Responsibility Investor Presentation | Lloyds Engineering Works Limited 32
Slide 34: Fighting Classroom Hunger with Measurable Outcomes
Fighting Classroom Hunger with Measurable Outcomes In low-income families, school mornings often start without food. Hunger shows up as fatigue, low attention, and drop-outs long before it shows up in report cards. LEWL’s CSR focuses on nutrition-linked learning gaps. Our Intervention Partnership wi
Slide 35: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Particulars (₹ Mn) FY25 FY26 H!-FY27 Revenue 8,457 13,011 11,207 Other Income 242 498 271 RM consumed 5,355 7,546 8,845 Employee 503 928 736 Other expenses 1,249 2,645 309 Adjusted EBITDA 1,593 2,257 1,588 Adj. EBITDA Margin (%) 18.32% 17.70% 13.84% EBIT
Slide 36: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (₹ Mn) H1-FY27 FY26 Fixed Assets 3,440 1,820 Capital Work In Progress 1,215 711 Goodwill 9,906 1,670 Right To Use 1,066 758 Investments 1,041 765 Other Assets 3,886 1,279 Sub-Total Non Current Assets 20,554 7,003 Inventories 4,667 4,328 Trade Receiva
Slide 37: Financials at a Glance
Financials at a Glance All Figures in ₹ Mn. Revenue EBITDA & EBITDA Margin (%) PAT & PAT Margin (%) 13,011 2,257 1,976 8,457 1,593 6,242 1,050 1,084 798 17.37% 18.32% 17.70% 15.18% 12.79% 12.42% FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 ROE & ROCE (%) Debt to equity (x) Asset T/O ratio (x) 26.32%
Slide 38: Capital Market Data
Capital Market Data 100% Share Price Data As on 30th September, 2026 80% 60% 40% 20% 0% -20% -40% -60% Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 Jul-26 Aug-26 Sep-26 Lloyds Engineering Works Ltd Sensex Price Data (As on 30th September, 2026) ₹ Shareholding pattern (As on 30th Se
Slide 39: Disclaimer
Disclaimer Lloyds Engineering Works Ltd No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all e
Slide 40: Thank You
Thank You
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