Lloyds Engineering's ₹10,400 Cr Order Book: Can It Deliver ₹10,000 Cr Revenue By FY30? | ET Now
ET Now · 03 Nov 2026 · 6 min
Management interview of Lloyds Engineering Works Ltd (LLOYDSENGG), with 3 key numbers discussed.
- Krishna Gupta, Executive Director, Lloyds Engineering Works
Lloyds Engineering reported H1 revenue of around Rs 2,500 cr with standalone EBITDA margins stable at 17%. The consolidated margin contracted to roughly 13% in Q2 due to capex and upfront team expansion costs in merged entities such as Techno Industries, which is setting up a new HT Motors facility. Management expects consolidated margins to stabilize over the next few quarters. Non-EPC orders have an execution cycle of 12-15 months, while EPC orders will take a couple of years. The company is expanding in naval defense and exploring aerospace collaborations.