LLOYDS ENGG WORK LIMITED

Operates through two reporting segments, Engineering and Electrical. Engineering is the larger contributor, accounting for 87.1% of segment revenue at ₹1,267.27 cr in FY26 with EBIT of ₹177.69 cr, while Electrical contributes 12.9% at ₹187.26 cr with EBIT of ₹13.53 cr. Total FY26 revenue was ₹1,301.14 cr and EBITDA margin was 18.37%. Materials are the largest cost line at 52.4% of revenue, followed by other operating expenses at 20.3% and employee costs at 7.1%; capex ran at 6.2% of revenue. The group's defence subsidiary, Lloyds Advance Defence Systems (LADS, 85% held after a June 2026 private placement), entered a July 2026 agreement with Polish firm Flyfocus for licensed manufacture and supply of Unmanned Aerial Systems in India and joint R&D. Shareholders approved in July 2026 the acquisition of a 52.16% stake in Steel Infra Solutions (SISCOL) for about ₹635.40 cr, partly via a share swap and partly cash, which would make SISCOL a subsidiary; a total deal value of about ₹1,073 cr across the company and affiliates is referenced for 88.12% of SISCOL. An associate, Lloyds Infrastructure and Construction, also received ESOP grants under the parent's ESOP 2021 plan.