Lloyds Engineering Works order book reaches Rs 10,355.4 crore
Key highlights
- Lloyds Engineering Works reported a Rs 10,355.4 crore order book at September 30, 2026.
- EPC & Infrastructure Solutions accounted for Rs 5,763.7 crore of the stated order book.
- Mining to Metal was the largest named segment at Rs 1,549.4 crore, followed by Power at Rs 603.1 crore.
- Naval & Defence orders were Rs 81.6 crore, while Fabrication accounted for Rs 1,443.1 crore.
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Lloyds Engineering Works Limited reported a Rs 10,355.4 crore order book at September 30, 2026, led by Rs 5,763.7 crore in EPC & Infrastructure Solutions. Mining to Metal was the largest individually named segment at Rs 1,549.4 crore, while Naval & Defence accounted for Rs 81.6 crore of disclosed orders.
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What was Lloyds Engineering Works' order book at September 30, 2026?
Lloyds Engineering Works reported a total order book of Rs 10,355.4 crore at September 30, 2026. The total comprised a Rs 3,148.6 crore sub-total of named segments, Rs 5,763.7 crore in EPC & Infrastructure Solutions and Rs 1,443.1 crore in Fabrication.
The Rs 5,763.7 crore EPC & Infrastructure Solutions line was Rs 2,615.1 crore larger than the Rs 3,148.6 crore combined sub-total of the named segments. Before adding Fabrication, the presentation showed a Rs 8,912.3 crore total, indicating that EPC & Infrastructure Solutions was the largest disclosed order-book block.
Which Lloyds Engineering Works segments have the largest disclosed orders?
Mining to Metal was Lloyds Engineering Works' largest individually named segment, with Rs 1,549.4 crore of orders at September 30, 2026. Power followed at Rs 603.1 crore, while Civil and Elevators, Escalators & Motors accounted for Rs 250.7 crore and Rs 246.8 crore, respectively.
Mining to Metal and Power together made up Rs 2,152.5 crore of the Rs 3,148.6 crore named-segment sub-total. At the other end of the disclosed mix, Naval & Defence was Rs 81.6 crore and Marine/Port was Rs 8.2 crore, making Mining to Metal Rs 1,467.8 crore larger than Naval & Defence.
Which projects support Lloyds Engineering Works' execution pipeline?
Lloyds Engineering Works listed six key ongoing projects: a power plant project for Lloyds Metals & Energy Ltd., Mining to Metal projects for Steel Authority of India Limited and Welspun Corp Ltd., an ECO Pickling Line for Lloyds Enterprises Ltd., naval shipbuilding for Mazagon Dock Shipbuilders Ltd., and hydrocarbon process equipment for Larsen & Toubro Ltd.
These projects correspond with disclosed segments including Rs 1,549.4 crore in Mining to Metal, Rs 603.1 crore in Power, Rs 120.0 crore in ECO Pickling, Rs 112.1 crore in Hydro Carbon and Rs 81.6 crore in Naval & Defence. The presentation does not disclose contract values, completion dates or revenue-recognition schedules for the individual projects.
Lloyds Engineering Works also cited completed work in five categories, including an EPC-DRI plant that was commissioned and operational. It reported hydrocarbon process equipment executed for Reliance Industries, BPCL and Larsen & Toubro, plus naval engineering projects completed for Goa Shipyard, Mazagon Dock and GRSE.
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How do EPC and Fabrication fit Lloyds Engineering Works' business model?
EPC & Infrastructure Solutions accounted for Rs 5,763.7 crore of orders, compared with Rs 1,443.1 crore for Fabrication at September 30, 2026. Lloyds Engineering Works describes EPC as engineering, procurement and construction work for industrial and infrastructure projects, extending from concept to commissioning and supported by group manufacturing capabilities.
Fabrication covers heavy and complex engineered equipment for hydrocarbon, steel, power, nuclear and infrastructure applications. The stated product range includes pressure vessels, heat exchangers, columns, boilers and steel-plant equipment, alongside machining, assembly and testing, which are relevant to the Rs 603.1 crore Power and Rs 112.1 crore Hydro Carbon segments.
Lloyds Engineering Works also offers elevators, escalators, car lifts, industrial motors and pumps, as well as installation and annual maintenance contract services. That electrical-engineering offering corresponded with Rs 246.8 crore in Elevators, Escalators & Motors orders, slightly below the Rs 250.7 crore Civil segment.
What does Lloyds Engineering Works plan to add to its platform?
Management's presentation sets an FY29/30 ambition of more than Rs 10,000 crore in revenue for the combined platform. It links that target to a design-to-delivery strategy, broader qualification credentials for larger turnkey infrastructure and industrial bids, and a combined order book described as about Rs 10,355.4 crore or more.
The roadmap says Techno Industries was acquired in July 2024 and became wholly owned by December 2025, adding pumps, motors, elevators and escalators. It also says the October 2024 Bhilai engineering-division assets acquisition added design, manufacturing and testing for railways, nuclear and power, while Metalfab Hightech was acquired at a 76% stake for about Rs 28 crore in May 2025.
For August 2026, the presentation states that the acquisition of 51.70% of SISCOL cost about Rs 633 crore, while the group's 87.45% interest cost about Rs 1,071 crore. Management said SISCOL added an order book of about Rs 1,260.1 crore and that fabrication capacity could scale to about 150,000 metric tonnes per annum, with a roadmap to about 200,000 metric tonnes per annum.
Conclusion
Lloyds Engineering Works' September 30, 2026 order book was concentrated in EPC & Infrastructure Solutions, which accounted for Rs 5,763.7 crore of the Rs 10,355.4 crore total. Among individually named segments, Mining to Metal led at Rs 1,549.4 crore, placing more disclosed value in mining-linked and industrial work than in the Rs 81.6 crore Naval & Defence category.
The next disclosed marker is management's FY29/30 revenue ambition of more than Rs 10,000 crore. Investors can watch the execution of the cited power, mining-to-metal, naval and hydrocarbon projects, as well as the SISCOL integration and the stated fabrication-capacity roadmap from about 150,000 to about 200,000 metric tonnes per annum.


