Lloyds Engineering Works Ltd Share Price – NSE /  BSE

Capital Goods-Non Electrical Equipment, Small Cap

The new entity will carry on the business of manufacturing, assembly, integration, testing, maintenance, upgradation, research, design, development and supply of weapons, ammunition for defence systems, technologies, equipment, and components across land, air, sea, space, and cyber domains, including but not limited to weapons, surveillance systems, drones, unmanned vehicles, marine equipment and systems, communication systems, radar, sensors, command-and-control systems, and related defence infrastructure.

The subsidiary will also focus on advanced and emerging technologies such as artificial intelligence, robotics, machine learning, quantum computing, cyber security, autonomous systems, aerospace engineering, electronics, and data analytics for defence, aerospace, and national security purposes.

Further, the company plans to collaborate or form strategic alliances with domestic and international entities, research institutions, government agencies and defence organisations for the development, transfer or co-development of defence technologies, systems and intellectual property.

Additionally, the new subsidiary will engage in import, export, leasing and sale of materials, machinery, and systems related to defence, aerospace and security technologies.

The company holds 100% shareholding in Lloyds Advance Defence Systems.

Lloyds Engineering Works is engaged in the design, engineering, manufacturing, fabrication, supply, erection and commissioning of a wide range of mechanical, hydraulic and structural systems. Its portfolio includes process plant equipment, metallurgical and chemical plant machinery, marine loading and unloading arms, truck and wagon loading systems, columns, pressure vessels, dryers, boilers, power plant and steel plant equipment, along with the execution of turnkey and EPC projects.

On a standalone basis, net profit of Lloyds Engineering Works rose 18.75% to Rs 33.19 crore while net sales rose 14.99% to Rs 243.95 crore in Q2 September 2025 over Q2 September 2024.

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The agreement was signed on 4 December 2025 and aims to develop radar technology for defence and civil use.

The company said there is no shareholding link, no impact on management and no related-party connection. The agreement also does not impose any liabilities or involve any share issuance.

Lloyds Engineering Works is engaged in the design, engineering, manufacturing, fabrication, supply, erection and commissioning of a wide range of mechanical, hydraulic and structural systems. Its portfolio includes process plant equipment, metallurgical and chemical plant machinery, marine loading and unloading arms, truck and wagon loading systems, columns, pressure vessels, dryers, boilers, power plant and steel plant equipment, along with the execution of turnkey and EPC projects.

On a standalone basis, net profit of Lloyds Engineering Works rose 18.75% to Rs 33.19 crore while net sales rose 14.99% to Rs 243.95 crore in Q2 September 2025 over Q2 September 2024.

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The first agreement is for the development of towed reels. Under this contract, Kliver Polska will design, prototype and deliver a towed reel to Lloyds Engineering Works for a multifunctional underwater platform. The agreement is valued at $1,63,900.

The second agreement covers the development of an operational test tilt stand. Kliver Polska will design, prototype and deliver the test stand to Lloyds Engineering Works. This contract is valued at 3,10,000 euros.

The company said it holds no shareholding in Kliver Polska.

Lloyds Engineering Works is engaged in the design, engineering, manufacturing, fabrication, supply, erection and commissioning of mechanical, hydraulic, structural and process plant equipment. Its portfolio includes metallurgical and chemical plant machinery, marine loading and unloading arms, truck and wagon loading systems, columns, pressure vessels, dryers, boilers and equipment for power and steel plants. The company also undertakes capital equipment contracts and executes turnkey and EPC projects.

On a standalone basis, net profit of Lloyds Engineering Works rose 18.75% to Rs 33.19 crore while net sales rose 14.99% to Rs 243.95 crore in Q2 September 2025 over Q2 September 2024.

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Lloyds Engineering Works has entered into two contract agreement with Kliver Polska Sp.zo.o., Poland, as on today i.e. 20 November 2025.

Terms of agreement:

1st Agreement: For Development of Towed Reels. Kliver Polska Sp.zo.o. shall design, prototype and deliver to the Company the towed reel for multifunctional underwater platform.

2nd Agreement: For Development of Test Stand. Kliver Polska Sp.zo.o. shall design, prototype and deliver to the Company the operational test tilt stand.

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