Lloyds Engineering Works Limited share price closed at ₹59.87 on 3 November 2025, showing a relatively flat movement during the session, with bid-ask prices ranging between ₹60.24 and ₹60.38, according to BSE. The stock’s muted price action came alongside a significant announcement — a major consortium order from Steel Authority of India Limited (SAIL), which is set to bolster the company’s growth prospects in India’s heavy-engineering sector.
Lloyds Engineering Works Limited (LEWL) announced that it has been selected as a consortium partner alongside Primetals Technologies India Pvt. Ltd. and Primetals Technologies Austria GmbH for the design and execution of a 4.2 MTPA Pellet Plant Complex at SAIL’s IISCO Steel Plant, Burnpur (West Bengal).
The Letter of Acceptance (LOA) issued by SAIL – ISP marks a total consortium contract value of ₹613 crore (Indian portion) + €18.26 million (Euro portion), with project completion scheduled within 39 months from the effective date of the contract
This order represents a major milestone for Lloyds Engineering, enhancing its credentials in the steel value chain and expanding its footprint in industrial infrastructure execution.
Over the past two years, Lloyds Engineering has strategically forged more than 10 collaborations with domestic and global technology partners. These alliances have broadened the company’s technical expertise and operational scale, enabling participation in high-value projects across India’s rapidly modernising industrial landscape.
The SAIL project exemplifies Lloyds Engineering’s ability to convert partnerships into tangible opportunities, strengthening its position in large-scale infrastructure projects and signalling the success of its collaborative growth model
Under the consortium arrangement, Lloyds Engineering will be responsible for detailed design, engineering, and the supply of critical process equipment and systems.
“This order is a clear reflection of the industry’s confidence in Lloyds Engineering’s technical depth, execution reliability, and collaborative approach,” said Mr. Shreekrishna Gupta, Whole-time Director. “Over the past few years, we have consciously built strategic partnerships across geographies and technologies, and this project exemplifies how such collaborations can evolve into transformative opportunities. We remain focused on scaling partnerships and creating enduring value for our stakeholders.”
The company continues to execute multiple large-scale orders from marquee clients across steel, infrastructure, and heavy-engineering sectors, demonstrating its design-to-delivery expertise and commitment to quality, safety, and performance. The SAIL – IISCO project is expected to contribute significantly to the company’s order book and further its ambition of becoming a world-class engineering enterprise
Founded in 1994, Lloyds Engineering Works Limited is an Indian engineering and manufacturing company providing customised process plant equipment and turnkey solutions. Its offerings include design, fabrication, and installation services for industries such as mining, steel, oil & gas, thermal and nuclear power, and marine.
Headquartered in Mumbai, the company operates modern manufacturing facilities in Murbad (Thane), Nagpur, and Bhilai. It is accredited by leading regulatory authorities such as SGS UK, Petroleum and Explosives Safety Organisation (PESO), and Industrial Boiler Regulatory Authority, affirming its compliance with global quality standards
Lloyds Engineering Works share price closed at ₹59.87 on 3 November 2025, showing a relatively flat movement during the session. On a year-to-date basis, the stock has declined over 10% while in the last 6 months it is up by 18%.
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