अApnaFunda

LLOYDS ENGINEERINGWORKS LTD (LLOYDSENGG)

Producer Manufacturing · Industrial Machinery · figures to Nov '26

Quality scoreHow the business itself ranks against its sector peers on profitability, 3-year growth and leverage. 50 is the middle of the sector.78 / 100
Profitability 57Balance sheet 100

Passes these screensHigh MomentumDebt-light & profitable

Share price

Closing priceAdjusted for splits and bonus issues.

₹83.55 latest close · −0.5% over the last 90 sessions

₹80₹90₹100Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹80₹90₹100Jul 3Sep 4Nov 9

₹83.55 month-end · +56.9% over 12 months

₹40₹60₹80₹100Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹40₹60₹80₹100Nov '25May '26Nov '26

₹83.55 month-end · +17.7% since Jun '25

₹40₹60₹80₹100Jun '25Sep '25Jan '26Apr '26Aug '26Nov '26 ₹40₹60₹80₹100Jun '25Mar '26Nov '26

52-week range ₹37.40 to ₹104.20 · 1-year volatility 52.0%

Was the rally earned?

+57%share price, 1 yearLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 114 points, but investors now pay less per rupee of profit (P/E 76.1x to 48.3x), which took 57 points back.
  • The share count fell 9%.
Net profit growth: +102 pts. Points of the price return explained by net profit growing (or shrinking).+102 ptsNet profit growthP/E change: −57 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−57 ptsP/E changeShare count change: +13 pts. Points of the price return explained by the share count changing. More shares count against the price.+13 ptsShare count changeShare price: +57%+57%Share priceNet profit growth: +102 pts. Points of the price return explained by net profit growing (or shrinking).+102ProfitP/E change: −57 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−57P/EShare count change: +13 pts. Points of the price return explained by the share count changing. More shares count against the price.+13SharesShare price: +57%+57%Share price
Net profit growth+102 ptsNet profit rose about 124%, which lifts the price.
P/E change-57 ptsThe P/E fell from 76.1x to 48.3x, which lowers the price.
Share count change+13 ptsShare count fell 9%, which lifts the price.
What do "pts" mean?

"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.

Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.

Not shown for 3 years and 5 years: earnings were negative at one end, or there is not enough history.

Net profit is trailing twelve months as reported with a 60-day lag.

Compare this with WELSPUN CORP

How rough has the ride been?

Maximum drawdown-73.5%recovered 2020-06
1-year volatility52.0%annualised
Beta vs sector index1.523-year daily, correlation 0.58
Volume spikes3last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−73.5% 0%−20%−40%−60%2020202220242026−73.5%
Largest drawdowns

-73.5% (2019-01 peak to 2020-03 low, recovered 2020-06)

-69.0% (2022-01 peak to 2022-06 low, recovered 2023-06)

-54.0% (2020-07 peak to 2020-09 low, recovered 2021-04)

Most recent volume spikes

2026-09-29: 5.4x the 50-day median, price +6.5% that day

2026-09-25: 8.2x the 50-day median, price +8.4% that day

2026-08-07: 6.4x the 50-day median, price +9.5% that day

Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).

Where does it rank among Producer Manufacturing peers?

Each cell is the company's percentile rank among its Producer Manufacturing peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

Where it ranks today

  • ROCE54th
  • Op. margin59th
  • Revenue growth97th
  • EPS growth94th
  • Debt/equity ↓76th▲ 12 pts vs a year ago
  • Cash cycle ↓26th▼ 24 pts vs a year ago
  • P/E ↓25th▲ 14 pts vs a year ago
  • 12M momentum89th▲ 46 pts vs a year ago

Rank history

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Dec '21Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '26Nov '26
Lower rank Higher rank Not enough data

Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.

The Producer Manufacturing sector page Watch it move against Producer Manufacturing in the Observatory

What is the price implying?

~25%annual earnings growth implied by the price

At a P/E of 48.3x, the price would imply about 24.7%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Fewer than six years of annual earnings are available, which is too little to measure delivered growth.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect.

What prices imply across Producer Manufacturing The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹83.55
P/E
48.3x
ROCE
16.0%
Market Cap
₹12962 cr
Revenue (TTM)
₹1611 cr
P/S
8.0x
P/B
7.8x
ROE
16.1%
Operating Margin
13.0%
Debt / Equity
0.1x
Promoter Holding
41.9%
12M Momentum
56.9%

52-week range

₹37.40₹104.20
69% of the way from its 52-week low to its high

Price risk

1Y volatility
52.0%
Beta vs sector
1-year daily
1.57

Balance sheet & cash

Interest cover
operating profit ÷ interest
17.1x
Share count, 1Y
+23.1%

Are profits backed by cash?

1 of 2checks within range1 near a threshold
Other income reliance22%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 22.3%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate18%Within range

Median quarterly effective tax rate over about 2.5 years: 18.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion—Not enough data

Not enough reported data to compute this.

Free cash flow—Not enough data

Not enough reported data to compute this.

Receivable days vs history—Not enough data

Not enough reported data to compute this.

Capital work in progress—Not enough data

Not enough reported data to compute this.

Payable days—Not enough data

Not enough reported data to compute this.

Tap a check to see how it is measured

How to read this

Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.

All terms explained in the glossary →

Who has been buying and selling?

  • Over 2 years, promoters trimmed 17.9 pts; FIIs added 1.4 pts.
  • The number of shareholders rose from 3.6 lakh to 4.2 lakh (+18%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change
Promoters59.8%41.9%-17.9 pts
FIIs1.0%2.4%+1.4 pts
DIIs0.1%0.2%+0.1 pts
Public and others39.1%55.3%+16.2 pts

Number of shareholders

4.2 lakhshareholders+18% since Dec '23
3.6L3.8L4.1L4.4L Dec '23Jun '24Dec '24Jun '25Dec '25Jun '26
Dec '23: 3.6 lakh
Mar '24: 3.8 lakh
Jun '24: 3.9 lakh
Sep '24: 4.2 lakh
Dec '24: 4.2 lakh
Mar '25: 4.2 lakh
Jun '25: 4.4 lakh
Sep '25: 4.3 lakh
Dec '25: 4.2 lakh
Mar '26: 4.2 lakh
Jun '26: 4.2 lakh
3.6L3.8L4.1L4.4L Dec '23Dec '24Dec '25Jun '26
Dec '23: 3.6 lakh
Mar '24: 3.8 lakh
Jun '24: 3.9 lakh
Sep '24: 4.2 lakh
Dec '24: 4.2 lakh
Mar '25: 4.2 lakh
Jun '25: 4.4 lakh
Sep '25: 4.3 lakh
Dec '25: 4.2 lakh
Mar '26: 4.2 lakh
Jun '26: 4.2 lakh

Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.

This quarter's smart-money board

What happened next to similar setups

−9.8%typical 12-month return vs the marketNot meaningfully different from the base rate
  • We found 50 past situations where a non-financial company looked like LLOYDS ENGINEERINGWORKS LTD today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
  • Over the following 12 months the middle half of them returned −33% to +4% vs the market, against −9% for all non-financial companies in the same months.
  • The gap against the base rate (−1.1%, 80% range −17.7% to +2.5%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
SANGHVIMOV · Feb 2024: −61.5% vs market
ZAGGLE · May 2025: −52.6% vs market
MATRIMONY · Feb 2021: −45.4% vs market
TARIL · Sep 2025: −44.8% vs market
ORCHPHARMA · Sep 2024: −44.4% vs market
TITAGARH · Jul 2024: −44.0% vs market
INTELLECT · Dec 2021: −42.0% vs market
SYRMA · Oct 2023: −39.9% vs market
IXIGO · Sep 2025: −38.9% vs market
SAREGAMA · Mar 2025: −35.9% vs market
ARVSMART · Dec 2024: −35.5% vs market
SYNCOMF · May 2025: −33.5% vs market
KIOCL · Jun 2021: −32.7% vs market
BOROLTD · Nov 2024: −32.2% vs market
SHILPAMED · Jun 2020: −30.6% vs market
JYOTICNC · Jan 2025: −29.3% vs market
PGEL · Jul 2025: −28.3% vs market
NEWGEN · Sep 2024: −28.1% vs market
EMUDHRA · Jan 2025: −27.7% vs market
ASTEC · Sep 2020: −27.4% vs market
OBEROIRLTY · Jan 2020: −18.9% vs market
EIHOTEL · Feb 2024: −17.6% vs market
ANUP · Jun 2025: −16.0% vs market
RATEGAIN · Sep 2023: −14.9% vs market
AURIONPRO · Jul 2024: −11.0% vs market
OLECTRA · Dec 2023: −8.6% vs market
JWL · Jan 2024: −8.3% vs market
SUZLON · Apr 2025: −7.6% vs market
ANANTRAJ · Aug 2024: −6.0% vs market
ETHOSLTD · Jul 2024: −4.3% vs market
KKCL · May 2023: −4.1% vs market
KABRAEXTRU · Mar 2022: −3.1% vs market
ASIANENE · Aug 2024: −2.1% vs market
TECHNOE · Aug 2024: +0.3% vs market
COCHINSHIP · Apr 2025: +2.1% vs market
ASTRAMICRO · Jul 2020: +2.8% vs market
KRISHIVAL · Jul 2025: +4.2% vs market
AMBER · Dec 2020: +4.4% vs market
GENUSPOWER · Jun 2024: +17.8% vs market
BLS · May 2023: +18.5% vs market
KRISHNADEF · Sep 2025: +31.5% vs market
GANESHHOU · Mar 2024: +38.0% vs market
JSLL · Jun 2025: +38.8% vs market
BSOFT · Mar 2021: +45.5% vs market
KRN · Oct 2025: +54.0% vs market
KAYNES · Jun 2024: +54.9% vs market
PARAS · Oct 2025: +86.3% vs market
ZENTEC · Jun 2023: +91.9% vs market
GRSE · May 2024: +108.7% vs market
AVALON · Jun 2025: +113.2% vs market
Similar setups −9.8%All companies −8.7%← worse than the marketbetter than the market →

Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 2 beyond the range shown, drawn at the edge

Similar setups' median
−9.8%
All companies' median
−8.7%
Beat the market
34% vs 40%

50 past situations · 50 companies · 33 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
BLS
Technology Services
May 2023 67x22% +96%−10% +19%
SHILPAMED
Health Technology
Jun 2020 25x12% +39%−16% −31%
EIHOTEL
Consumer Services
Feb 2024 80x16% +157%−5% −18%
ZAGGLE
Technology Services
May 2025 72x17% +60%−26% −53%
MATRIMONY
Technology Services
Feb 2021 85x16% +163%−7% −45%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
GANESHHOU
Finance
Mar 2024 61x23% +176%−16% +38%
AURIONPRO
Technology Services
Jul 2024 59x22% +190%−7% −11%
KAYNES
Electronic Technology
Jun 2024 130x15% +156%−4% +55%
How reliable is this?

Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: 12-month momentum, drawdown from 12-month high and P/E. One match per company and at most 7 from any one month.

Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.

How this is built

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to LLOYDS ENGINEERINGWORKS LTD. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

Methodology

How historical analogs are built

Data as of 2026-11-09. Outcome pool: Jan 2020 to Oct 2025.

For every company we look at the situation it is in today (valuation, return on capital, margins, debt, growth, 12-month price momentum, drawdown, size and volatility) and find past company-months that looked most like it. We then show what happened to those past situations over the following 12 months, measured against the ApnaFunda All index and against the base rate. It describes history. It does not predict anything.

What is compared

FeatureWeightNon-financialFinancial
P/E1yesyes
P/S1yes—
P/B1—yes
ROCE1yes—
operating margin1yes—
ROE1—yes
debt/equity0.75yes—
interest cover0.5yes—
revenue growth0.75yesyes
12-month momentum1yesyes
drawdown from 12-month high0.75yesyes
size0.75yesyes
volatility0.5yesyes

Weights were set by judgement before any outcome was looked at and are never tuned on results. Loss-making companies (negative P/E or net profit) are only matched with other loss-making companies. Banks, NBFCs and insurers are compared only with each other and use a different feature set. Every feature is converted, month by month, to its rank among companies in the same pool in that month, so a P/E of 30 in a hot market and a P/E of 22 in a cold one can match if both were equally expensive for their time. Only that month's data is used.

How closeness and the sample are defined

Distance is the weighted root-mean-square gap between the standardised features both companies have. A match needs at least 70% of the query's feature weight, a distance of at most 0.9, and 30 matches at minimum to be shown. We keep up to 50 matches with these exclusions: never the company itself, one match per company (its closest month), and at most 7 from any one calendar month so a single market episode cannot dominate.

Base rate

The base rate is the distribution of 12-month returns, relative to the market, of every eligible company-month in the same pool, with each month weighted to match the months the analogs came from. It answers: how did a random company do in these same months? Because matches from nearby months share the same market conditions, we also report the number of distinct 12-month windows behind a result, and a bootstrap that resamples months decides whether the analog median differs from the base rate at all. "Not meaningfully different" is the usual outcome and the page copy is written for it.

Limits you should know

  • One market period. The outcome pool covers 2020–2025 only (70 months), including the 2020 crash and the 2020–21 rally.
  • Survivorship. Only companies listed today are included. Delisted and bankrupt companies are missing, which flatters past outcomes, particularly for distressed-looking setups.
  • Price return only. Dividends are excluded, and the benchmark is an ApnaFunda market-cap-weighted index of the same listed companies, not an official index.
  • Reporting lag. Fundamentals are matched on an assumed 60-day lag after the quarter end, not on real announcement dates.
  • Pools: non-financial: 98,395 company-months from 2019 companies; financial: 5,659 company-months from 108 companies. 2349 companies currently have a result; the rest are suppressed because too few comparable situations exist.

Does it work? A walk-forward check

The walk-forward check has not been run for this build, so skill is shown as not yet measured.

Disclaimer

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to any company shown. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

What else looks like this?

Companies with the most similar financial profile today, regardless of industry.

Electronic Technology
60%similar
market caprevenue
Consumer Non-Durables
59%similar
operating marginP/E
CYIENT DLMCYIENTDLM
Electronic Technology
56%similar
volatilityrevenue
Electronic Technology
55%similar
volatilityP/E
Health Technology
54%similar
operating marginrevenue
Producer Manufacturing
52%similar
volatilityROCE
Producer Manufacturing
49%similar
ROCEpromoter holding
NRB BEARINGSNRBBEARING
Producer Manufacturing
49%similar
revenuepromoter holding

Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.

What changed?

30 events since Dec '22

  1. SepPriceVolume reached 8.2x its 50-day median on 2026-09-25; price +8.4% that day.
  2. JunPromoterPromoter holding fell 7.3 pts to 41.9% (largest drop in the history since 2019-01).
  3. JunPriceRegained the 2025-07 peak, 3 months after the low.
  4. JunPeer rankSlipped to the 2nd quartile of Producer Manufacturing on operating margin (from the top quartile).
  5. JunSharesShare count is up 23.1% over 12 months.
  6. JunPriceVolume reached 22.6x its 50-day median on 2026-06-17; price +9.7% that day.
  7. MarPriceFell 54% from the Jul 2025 peak to the Mar 2026 low.
  8. MarPeer rankMoved into the top quartile of Producer Manufacturing on operating margin (from the 2nd quartile).
Show 22 earlier events
  1. MarPriceVolume reached 6.9x its 50-day median on 2026-03-25; price +7.3% that day.
  2. DecPriceVolume reached 23.3x its 50-day median on 2025-12-05; price +4.9% that day.
  3. SepPromoterPromoter holding fell 6.9 pts to 49.4%.
  4. JulPriceRegained the 2024-07 peak, 4 months after the low.
  5. JulPriceVolume reached 6.1x its 50-day median on 2025-07-10; price +6.5% that day.
  6. JunPriceVolume reached 7.7x its 50-day median on 2025-06-27; price +6.8% that day.
  7. MarPriceFell 42% from the Jul 2024 peak to the Mar 2025 low.
  8. JanPriceVolume reached 10.5x its 50-day median on 2025-01-03; price +11.2% that day.
  9. JulPriceVolume reached 5.8x its 50-day median on 2024-07-09; price +9.8% that day.
  10. JunPromoterPromoter holding fell 2.5 pts to 57.2%.
  11. AprPriceRegained the 2024-02 peak, 1 month after the low.
  12. AprPriceVolume reached 9.2x its 50-day median on 2024-04-29; price +10.0% that day.
  13. MarPriceFell 27% from the Feb 2024 peak to the Mar 2024 low.
  14. FebPriceRegained the 2023-08 peak, 5 months after the low.
  15. FebPriceVolume reached 9.7x its 50-day median on 2024-02-20; price +7.0% that day.
  16. NovPriceVolume reached 6.6x its 50-day median on 2023-11-30; price +4.9% that day.
  17. SepPriceFell 28% from the Aug 2023 peak to the Sep 2023 low.
  18. AugPriceVolume reached 7.7x its 50-day median on 2023-08-01; price +4.4% that day.
  19. JunPriceRegained the 2022-01 peak, 12 months after the low.
  20. JunPriceVolume reached 6.0x its 50-day median on 2023-06-05; price +5.1% that day.
  21. JanPriceVolume reached 18.5x its 50-day median on 2023-01-13; price +8.7% that day.
  22. DecPriceVolume reached 24.7x its 50-day median on 2022-12-19; price +15.3% that day.

Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.

Where price and fundamentals disagree, market-wide Rewind the whole market to any month

Monthly history18 months · 2025-06 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1148.3x₹1611 cr16.1%16.0%0.1x
2026-1048.0x₹1611 cr16.1%16.0%0.1x
2026-0957.0x₹1611 cr16.1%16.0%0.1x
2026-0858.0x₹1301 cr13.5%16.0%0.1x
2026-0759.5x₹1301 cr13.5%16.0%0.1x
2026-0658.1x₹1301 cr13.5%16.0%0.1x
2026-0557.5x₹1038 cr30.1%—0.1x
2026-0445.1x₹1038 cr30.1%—0.1x
2026-0329.5x₹1038 cr30.1%—0.1x
2026-0247.8x₹1032 cr24.7%—0.1x
2026-0144.6x₹1032 cr24.7%—0.1x
2025-1256.0x₹1032 cr24.7%—0.1x
2025-1176.1x₹846 cr18.5%—0.1x
2025-1084.1x₹846 cr18.5%—0.1x
2025-0982.9x₹846 cr18.5%—0.1x
2025-0890.0x₹846 cr18.5%—0.1x
2025-07102.7x₹846 cr18.5%—0.1x
2025-06101.4x₹846 cr18.5%—0.1x

Methodology and data notes

Methodology

Methodology and data notes

All figures come from public exchange prices and screener.in financial statements. Quarterly and annual results are shown from 60 days after the period end, so a month never uses a result before it would plausibly have been published. Statements are the latest versions, which may include later restatements.

Sector medians, percentiles and indices use today's listed companies in the sector (survivorship bias). Prices are adjusted for splits and bonus issues; around a corporate action the fundamentals may lag the price by up to a month, and affected sections are hidden.

The return decomposition uses price = P/E × net profit ÷ share count. The reverse DCF uses a fixed 12% cost of equity, a 10-year horizon and a 15x terminal P/E, and is an illustration only. Events, flags and twins follow fixed rules and thresholds described next to each section.

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