📊 Consolidated Performance Highlights
Revenue
₹527.15 Cr ▲ +142.92%
EBITDA
₹79.23 Cr ▲ +124.38%
PBT
₹68.99 Cr ▲ +132.06%
Order Book
₹2,817.42 Cr ▲ +81.19%
📊 Standalone Performance Highlights
Revenue
₹355.82 Cr ▲ +104.55%
EBITDA
₹60.03 Cr ▲ +82.19%
PBT
₹52.41 Cr ▲ +76.69%
Order Book
₹2,432.35 Cr ▲ +81.85%
📌 Point-by-Point Analysis
1️⃣ Revenue Growth — Stellar Performance
  • Consolidated revenue jumped 142.92% YoY from ₹217 crore to ₹527 crore 📈. This is one of the strongest revenue growth numbers in the engineering and infrastructure sector. The company is clearly benefiting from a strong order book and execution ramp-up.
2️⃣ EBITDA Expansion — Strong Operating Leverage
  • EBITDA grew 124.38% YoY to ₹79.23 crore 💪. The company's operating leverage is kicking in — revenue grew faster than EBITDA, indicating improving operational efficiency and cost management.
3️⃣ Profit Before Tax — Robust Bottom-Line Growth
  • PBT surged 132.06% YoY from ₹29.73 crore to ₹68.99 crore 📈. This growth is nearly in line with EBITDA growth, suggesting that interest and depreciation costs are well under control.
4️⃣ Order Book — Record High
  • Consolidated order book stands at ₹2,817.42 crore as of 1 July 2026, up 81.19% YoY from ₹1,554.94 crore 📦. Additionally, the associate company — Lloyds Infrastructure and Construction Limited — has an order book of ₹4,830.23 crore.
  • Standalone order book is at ₹2,432.35 crore, up 81.85% YoY from ₹1,337.57 crore 📈.
5️⃣ Standalone vs Consolidated — Key Takeaway
  • The standalone business (revenue ₹355.82 crore) contributes ~67% of consolidated revenue, while the remaining ~33% comes from subsidiaries and associates. The consolidated order book of ₹2,817 crore plus the associate's ₹4,830 crore order book gives a combined visibility of over ₹7,600 crore 🚀.
📊 Comparison Table
Metric Q1 FY27 Q1 FY26 Growth
Revenue (Consolidated) ₹527.15 Cr ₹217.01 Cr ▲ +142.92%
EBITDA (Consolidated) ₹79.23 Cr ₹35.31 Cr ▲ +124.38%
PBT (Consolidated) ₹68.99 Cr ₹29.73 Cr ▲ +132.06%
Order Book (Consolidated) ₹2,817.42 Cr ₹1,554.94 Cr ▲ +81.19%
Revenue (Standalone) ₹355.82 Cr ₹173.95 Cr ▲ +104.55%
Order Book (Standalone) ₹2,432.35 Cr ₹1,337.57 Cr ▲ +81.85%
🎙️ RUPIE TIMES INSIGHT
🎙️ RUPIE TIMES INSIGHT

"Lloyds Engineering Works has delivered one of the strongest quarterly performances in its history — revenue up 143%, PBT up 132%, and a record order book of ₹2,817 crore. The company is executing flawlessly at a time when India's infrastructure capex cycle is accelerating."

✅ The Bull Case:

• Revenue growth of 143% is exceptional — execution is firing on all cylinders.

• Order book of ₹2,817 crore provides 5x revenue visibility (vs ₹527 crore quarterly revenue).

• Associate order book of ₹4,830 crore adds another layer of growth potential.

• Engineering and infrastructure is a government priority sector — tailwinds are strong.

⚠️ What to Watch:

• Margin expansion — EBITDA margin is steady but there is room for improvement.

• Working capital — rapid revenue growth can strain cash flow; watch for collection cycles.

• Execution risk — large order books need flawless execution; any delays could impact earnings.

📌 Key Takeaway: Lloyds Engineering Works is a classic multibagger-in-the-making. The company is at an inflection point — revenue is exploding, the order book is at a record high, and India's infrastructure capex cycle is just getting started. For long-term investors, this is a stock to watch closely.