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← CockpitCompetitor Analysis › LLOYDSENGG.NS Lloyds Engineering Works LtdOpen in the cockpit ↗

Lloyds Engineering Works LtdLLOYDSENGG.NSCompetitor analysis, valuation and peers

India · INR·Construction & Infra›Engineering & Construction

Indian heavy-engineering manufacturer making process-plant equipment, hydro-mechanical gates and steel structures for industry.

Momentum strong 68
Mkt cap
$1.29B
US dollars, full cap
Free float
47%
of shares outstanding
$/day
$9.31M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-14.1 pp
WACC 18.8%
Hurdle
n/a
no reverse DCF
Next earnings
100 days
14 Feb 2027
Close · INR₹83.11
1D-2.6%
1W0.0%
1M-17.8%
3M-6.0%
6M+35.6%
YTD+48.4%
1Y+40.1%
ATR %5.2%
Beta1.74
52w lowhigh20.2% off high

What Lloyds Engineering Works does

Indian heavy-engineering manufacturer making process-plant equipment, hydro-mechanical gates and steel structures for industry.

Products and services

  • Process plant equipment
  • Hydro-mechanical equipment (gates/hoists)
  • Steel structures
  • Pressure vessels

Customers

  • Steel and cement plants
  • Hydropower project developers
  • Government infrastructure agencies

Where it sits in the supply chain

  • Capital goods
  • Heavy engineering equipment
  • Process & hydro-mechanical equipment

What could go right

  • India hydropower capacity additions
  • Steel/cement capex cycle

What could go wrong

  • Lumpy project-based revenue
  • Steel input-cost swings

Moat: none (process know-how). Heavy-fabrication capability but limited pricing power in a fragmented equipment market.

Headquarters: Mumbai, India · Employees: 654

Named competitors

Lloyds Engineering Works at a glance

Size Lloyds Engineering Works (LLOYDSENGG.NS) is an India Industrials company (Engineering & Construction) with a market value of $1.29B, the 518th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹83.11 on 6 Nov 2026.

Performance Over six months the shares gained 35.6%, against -16.1% for the median peer and 0.0% for the India market (cap-weighted) — highest of 21 in its peer set.

Growth Revenue grew 83.0% over the last twelve months (peer median +3.9%); the operating margin is 11.3% (peer median 5.9%).

Valuation It trades at 6.9× enterprise value to sales against a peer median of 1.3× (2nd most expensive of 21).

Capital Return on invested capital runs 14.1 points below its cost of capital (18.8% WACC).

Next results Next results expected around 14 Feb 2027 (exchange calendar; dates can move).

Relative performance

10012515011 May 202611 Aug 20266 Nov 2026LLOYDSENGG.NS 132Peer median 83
Six months, rebased to 100: Lloyds Engineering Works against the median of its 20 peers (local-currency closes).

Lloyds Engineering Works financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹18.9B₹13.0B₹8.46B₹6.22B₹3.13B
Revenue growth—+54%+36%+99%—
Gross profit₹4.02B₹2.29B₹1.78B₹1.18B₹665M
EBITDA₹2.46B₹1.93B₹1.37B₹1.02B₹530M
Net income₹2.23B₹1.90B₹1.03B₹798M₹368M
Free cash flown/a-₹3.95B₹1.11B-₹646M-₹364M
Capital expendituren/a₹807M₹669M₹508M₹352M
Total debt₹4.45B₹1.09B₹826M₹753M₹522M

Quarterly statements and history in the cockpit →

Lloyds Engineering Works competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%-10%0%3010911950993318618926002061WABAG6019295522LLC0516000029411065600037GNPEPIC600269603220600248LLOYDSENGG.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Lloyds Engineering Works is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%+150%0×2×4×6×3010911950993318618926WABAG6019295522LLC0516000029411065600037GNPEPIC603220600248LLOYDSENGG.NSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Lloyds Engineering Works is the large dot.

Lloyds Engineering Works competitors and peer comparison

Head to head with its named competitors (LLOYDSENGG.NS vs BHEL.NS vs TRITURBINE.NS vs KIRLOSBROS.NS)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Lloyds Engineering Works LLOYDSENGG.NS$1.29B+36%+83%11%6.9×n/a
Bharat Heavy Electricals BHEL.NS$15.4B+3%+29%9%3.7×44.1%
Triveni Turbine TRITURBINE.NS$1.66B-14%+18%17%7.0×45.8%
Kirloskar Brothers KIRLOSBROS.NS$1.37B-8%+11%9%2.5×33.9%

How Lloyds Engineering Works compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Lloyds Engineering Works against its 20 peers (data as of 6 Nov 2026)
MeasureLLOYDSENGG.NSPeer medianRank in peer set
1-month return-17.8%-4.6%lowest of 21
6-month return+35.6%-16.1%highest of 21
Distance from 52-week high-20.2%-35.6%4th highest of 21
Revenue growth (TTM)+83.0%+3.9%3rd highest of 21
Operating margin11.3%5.9%6th highest of 21
EV / Sales6.9×1.3×2nd most expensive of 21
ROIC minus cost of capital-14.1 pp-1.3 pplowest of 20
EV / EBITDA52.9×10.6×most expensive of 9
Net debt / EBITDA0.7×-0.2×5th most indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Lloyds Engineering Works LLOYDSENGG.NSIndia$1.29B+36%+83%11%6.9×n/an/a
Shenzhen Urban Transport Technology 301091.SZChina$1.29B-23%+17%2%5.8×n/an/a
Nippon Densetsu Kogyo 1950.TJapan$1.29B-30%+10%12%0.9×-0.1%+3.2%
CTCI 9933.TWTaiwan$1.29B+22%-22%9%0.3×n/an/a
Kumagai Gumi 1861.TJapan$1.30B-20%-4%6%0.4×-9.2%+1.6%
Taiwan Cogeneration 8926.TWTaiwan$1.30B+9%+324%8%2.1×n/an/a
Zhejiang Communications Technology 002061.SZChina$1.30B-15%-12%3%0.4×-6.5%+4.8%
VA Tech Wabag WABAG.NSIndia$1.32B+33%+20%11%3.0×34.6%+6.8%
JiShi Media 601929.SSChina$1.25B-18%-2%-24%6.7×n/an/a
Farglory Land Development 5522.TWTaiwan$1.34B-18%+164%26%1.9×-13.6%+3.0%
Lendlease LLC.AXAustralia$1.23B-16%-30%0%1.1×n/an/a
Kepco Kps 051600.KSSouth Korea$1.37B-34%+6%9%1.0×-6.1%+3.9%
Xinjiang Communications Construction 002941.SZChina$1.22B-20%+23%5%1.5×n/an/a
Tianjin Capital Environmental Protection 1065.HKHong Kong$1.22B-13%+2%29%3.1×-16.4%+6.5%
Beijing Gehua CATV Network 600037.SSChina$1.40B-16%+24%-5%1.1×n/an/a
Zhejiang Construction Investment 002761.SZChina$1.42B-14%-12%0%0.3×13.0%+0.4%
GenusPlus GNP.AXAustralia$1.18B-12%+71%6%1.0×6.2%+32.1%
EPIC Suisse EPIC.SWSwitzerland$1.17B+2%+4%78%21.7×7.1%+4.3%
Jiangxi Ganyue Expressway 600269.SSChina$1.44B-7%+3%28%3.0×-11.6%+4.4%
China Bester Group Telecom 603220.SSChina$1.17B-48%+3%6%3.7×n/an/a
Shaanxi Construction Engineering 600248.SSChina$1.45B-25%-25%0%0.7×n/an/a

Questions

Who are Lloyds Engineering Works's main competitors?
Named competitors: BHEL (BHEL.NS), Triveni Turbine (TRITURBINE.NS), Kirloskar Brothers (KIRLOSBROS.NS). The cockpit's measured peer set (industry) also includes Shenzhen Urban Transport Technology (301091.SZ), Nippon Densetsu Kogyo (1950.T), CTCI (9933.TW), Kumagai Gumi (1861.T), Taiwan Cogeneration (8926.TW), Zhejiang Communications Technology (002061.SZ).
Is Lloyds Engineering Works expensive compared with its peers?
On ev / sales it trades at 6.9× against a peer median of 1.3×, 2nd most expensive of 21 in its peer set.
How has Lloyds Engineering Works stock performed?
Over six months to 6 Nov 2026 the shares returned +35.6% against -16.1% for the median peer; over one year +40.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.