Lloyds Engineering Works reports strong H1FY26 performance, strategic growth

Lloyds Engineering Works Limited reported healthy standalone revenue growth of 20.38% year-over-year (YoY) for H1FY26, reaching ₹418.40 crore. Consolidated revenue for the same period was ₹533.67 crore. Standalone PBT increased by 17.57% YoY to ₹67.57 crore, with consolidated PBT at ₹76.89 crore. The company's EBITDA for H1FY26 stood at ₹78.21 crore on a standalone basis and ₹92.13 crore consolidated, maintaining stable margins around 18%.

The company's order book remains strong, with standalone orders totaling ₹1303.81 crore as of September 30, 2025. Subsidiaries and associates also contribute significantly, including Techno Industries with ₹124.54 crore, Metalfab with ₹152.64 crore, and LICL with ₹4,558.8 crore. Strategic project wins include a ₹613 crore consortium order with Primetals for SAIL – IISCO Steel Plant.

Lloyds Engineering Works is actively pursuing technological tie-ups, including a drone partnership with FlyFocus (Poland) for advanced FPV drones and a collaboration with CEMI for industrial process optimization. These initiatives, along with acquisitions like Bhilai Engineering Corporation Limited, aim to drive 4x revenue growth by FY26 and maintain EBITDA margins between 15-18%.