Integrated Filing — IndAS

General information about company
Scrip Code	539992
NSE Symbol	LLOYDSENGG
MSEI Symbol	NOTLISTED
ISIN	INE093R01011
Name of company	LLOYDS ENGINEERING WORKS LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	07-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	02-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	07-May-2025   12:00:00
End date and time of board meeting	07-May-2025   13:40:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	2319630000	8457408000
	Other income	67667000	241592000
	Total income	2387297000	8699000000
2	Expenses
(a)	Cost of materials consumed	1106106000	4284305000
(b)	Purchases of stock-in-trade	82425000	593522000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	132612000	476928000
(d)	Employee benefit expense	171763000	502484000
(e)	Finance costs	29828000	85303000
(f)	Depreciation, depletion and amortisation expense	30088000	96622000
(f)	Other Expenses
1	Manufacturing And Other Expenses	480091000	1248449000
	Total other expenses	480091000	1248449000
	Total expenses	2032913000	7287613000
3	Total profit before exceptional items and tax	354384000	1411387000
4	Exceptional items	0	0
5	Total profit before tax	354384000	1411387000
6	Tax expense
7	Current tax	94065000	330065000
8	Deferred tax	35209000	1291000
9	Total tax expenses	129274000	331356000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	225110000	1080031000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	-29599000	-29599000
16	Total profit (loss) for period	195511000	1050432000
17	Other comprehensive income net of taxes	-5840000	-10457000
18	Total Comprehensive Income for the period	189671000	1039975000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	182553000	1031395000
	Total profit or loss, attributable to non-controlling interests	12958000	12958000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	176713000	1021456000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	12958000	18519000
21	Details of equity share capital
	Paid-up equity share capital	1165510000	1165510000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		5314385000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	0.16	0.89
	Diluted earnings (loss) per share from continuing operations	0.16	0.89
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	0.16	0.89
	Diluted earnings (loss) per share from continuing and discontinued operations	0.16	0.89
24	Debt equity ratio	0	0
25	Debt service coverage ratio	0	0
26	Interest service coverage ratio	0	0
27	Disclosure of notes on financial results		1.The above Consolidated Financial Results were reviewed and recommended by the Audit Committee and have been approved and taken on record by the Board of Directors at its meeting held on May 7, 2025.2. The Consolidated Financial Results of the company are being submitted for the first time under the provision of Ind AS110 Consolidated Financial Statements Since Techno Industries Pvt Ltd became subsidiary in this Year. There is no requirement of presentation of Consolidated Financial Results in the earlier periods and hence, for Quarter ended March 31, 2024 & year ended March 31 2024 consolidated Financial results have not been provided. 3.The above Consolidated financial results have been prepared in accordance with the recognition and measurement principles laid down in Ind AS 34 Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and the other accounting principles generally accepted in India.4.The Statutory Auditors have carried out Audit of the Financial Results for the quarter & year ended March 31, 2025. An unqualified report has been issued by them thereon.5.During the Year , the Company has granted 8,84,000 options on July 30, 2024 & 7,34,708 options on January 1,2025 under 'Lloyds Steels Industries Limited Employee Stock Option Plan – 2021' to the eligible employees of the Company & its Associate at an exercise price of Rs. 9.50 each which is approved in the Nomination and Remuneration Committee . 6. These Stock Options shall vest as per the vesting schedule as mentioned in LLOYDS STEELS ESOP-2021.5.Details of Employee Stock Option for the quarter ended 31st March, 2025 are as follows: Lloyds Steels Industries Limited - Employee Stock Option Plan 2021 Number of Options Outstanding at the beginning of the period Jan 1, 2025 - 1,07,60,300 Number of Options Exercisable at the beginning of the period Jan 1, 2025 - 52,400 Number of Options Granted during the periodtttt - 7,34,708Number of Options Vested during the periodtt tt - 32,75,340Number of Options Lapsed (Unvested) during the periodtt t -t1,32,290 Number of Options Lapsed ( Unexercised) during the periodtt - Nil Number of Options Exercised during the periodtttt -tNil Number of Options Outstanding at the end of the period March 31, 2025 - 80,87,378 Number of Options Exercisable at the end of the period March 31, 2025 - 33,27,740 7. The Company was already holding 12.25% stake in Lloyds Infrastructure & Construction Limited (LICL). On January 30, 2025 the Company has further acquired a Stake of 12.25% in LICL aggregating to 24.50% stake in LICL. Hence pursuant to such acquisition, LICL became an associate of the company from January 30, 2025. Post Acquisition, LICL further Issued equity shares on preferential basis which resulted in dilution of Company stake by 0.30%. Therefore, as on March 31, 2025 the Company Stake is 24.20% in LICL. 8.On January 24, 2025 the Company has allotted 26,98,100 Equity shares to the eligible employees at an exercise price of Rs. 7.50 each and 5,77,240 Equity shares to the eligible employees at an exercise price of Rs. 9.50 each under Lloyds Steels Industries Limited- Employee Stock Option Plan -2021, which is approved in the Nomination and Remuneration Committee. Paid-up Capital of the Company has increased from 11,622.35 Lakhs to 11,655.10 Lakhs. 9.On October 10, 2024 the Company entered into a Memorandum of Understanding (“MOU”) with Bhilai Engineering Corporation Limited for acquisition of Engineering Assets of Bhilai Engineering Corporation Limited. 10.On October 15, 2024 Company acquired 77% stake in Techno Industries Private Limited. Out of 77%, 66% was through preferential allotment of 1,76,05,634 Equity shares in exchange of shares of Techno Industries Private Limited from Bharat Patel and the remaining 11% was in Cash Consideration. 11.On April 17, 2025, the Board of Directors of the Company has approved the terms of Rights Issue for Issuance of 30,85,17,476 Partly Paid-Up equity shares of face value of Re. 1/- each at a Price of Rs. 32/- each (including a premium of Rs. 31/- per equity share) aggregating upto Rs. 98,725.59 Lakhs as Issue Size. Ratio shall be 9 Equity share for every 34 fully paid equity share held by the eligible equity shareholder of the Company.12.Earnings Per Share are not annualised except for the year ended March 31, 2025 13.The Figures for the last Quarter are the balancing figure between audited financial result for the year and unaudited Nine Months financial results published earlier 14.The Consolidated Orders in hand as on March 31, 2025 is Rs. 1,38,377.62 Lakhs. 15.Figures for the previous periods have been regrouped/ reclassified to confirm to the classification of the current periods. 16.The results for the quarter and year ended March 31, 2025 are available on the website of BSE at www.bseindia.com, NSE at www.nseindia.com and on company's website at www.lloydsengg.in.

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	789104000
	Capital work-in-progress	630877000
	Investment property
	Goodwill	1227804000
	Other intangible assets	316468000
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	158735000
	Trade receivables, non-current
	Loans, non-current	1051000
	Other non-current financial assets	86692000
	Total non-current financial assets	246478000
	Deferred tax assets (net)	94494000
	Other non-current assets	82378000
	Total non-current assets	3387603000
2	Current assets
	Inventories	861981000
	Current financial asset
	Current investments	0
	Trade receivables, current	2714530000
	Cash and cash equivalents	1295325000
	Bank balance other than cash and cash equivalents	64012000
	Loans, current	374538000
	Other current financial assets	228427000
	Total current financial assets	4676832000
	Current tax assets (net)	39149000
	Other current assets	941527000
	Total current assets	6519489000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	9907092000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	1165510000
	Other equity	5314385000
	Total equity attributable to owners of parent	6479895000
	Non controlling interest	177367000
	Total equity	6657262000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	154789000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities	206503000
	Total non-current financial liabilities	361292000
	Provisions, non-current	60106000
	Deferred tax liabilities (net)	1949000
	Deferred government grants, Non-current
	Other non-current liabilities	1132000
	Total non-current liabilities	424479000
	Current liabilities
	Current financial liabilities
	Borrowings, current	428678000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	118900000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	917416000
	Total Trade payable	1036316000
	Other current financial liabilities	46492000
	Total current financial liabilities	1511486000
	Other current liabilities	1237338000
	Provisions, current	75722000
	Current tax liabilities (Net)	805000
	Deferred government grants, Current
	Total current liabilities	2825351000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	3249830000
	Total equity and liabilites	9907092000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	ENGINEERING	1834971000	7779597000
2	ELECTRICAL	564000000	931297000
	Total Segment Revenue	2398971000	8710894000
	Less: Inter segment revenue	11674000	11674000
	Revenue from operations	2387297000	8699000000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	ENGINEERING	290155000	1356749000
2	ELECTRICAL	73679000	114735000
	Total Profit before tax	363834000	1471484000
	i. Finance cost	29828000	29828000
	ii. Other Unallocable Expenditure net off Unallocable income	-20378000	-20378000
	Profit before tax	354384000	1411387000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	ENGINEERING	8409284000	8409284000
2	ELECTRICAL	1600795000	1600795000
	Total Segment Asset	10010079000	10010079000
	Un-allocable Assets	-102987000	-102987000
	Net Segment Asset	9907092000	9907092000
4	Segment Liabilities
	Segment Liabilities
1	ENGINEERING	2424997000	2424997000
2	ELECTRICAL	831582000	831582000
	Total Segment Liabilities	3256579000	3256579000
	Un-allocable Liabilities	-6749000	-6749000
	Net Segment Liabilities	3249830000	3249830000
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
	Total Amount of items that will not be reclassified to profit and loss
2	Income tax relating to items that will not be reclassified to profit or loss	7804000	13974000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	-1964000	-3517000
5	Total Other comprehensive income	-5840000	-10457000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			1411387000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			79013000
	Adjustments for decrease (increase) in inventories			630636000
	Adjustments for decrease (increase) in trade receivables, current			-649087000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-466531000
	Adjustments for decrease (increase) in other non-current assets			141674000
	Adjustments for other financial assets, non-current			-36364000
	Adjustments for other financial assets, current			-92577000
	Adjustments for other bank balances			-7809000
	Adjustments for increase (decrease) in trade payables, current			454248000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			696201000
	Adjustments for increase (decrease) in other non-current liabilities			-555000
	Adjustments for depreciation and amortisation expense			96623000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			5646000
	Adjustments for provisions, non-current			1179000
	Adjustments for other financial liabilities, current			-91470000
	Adjustments for other financial liabilities, non-current			-49585000
	Adjustments for unrealised foreign exchange losses gains			-44000
	Adjustments for dividend income			0
	Adjustments for interest income			212476000
	Adjustments for share-based payments			60952000
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			-378000
	Other adjustments for non-cash items			-10249000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			549047000
	Net cash flows from (used in) operations			1960434000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			377411000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			1583023000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			3199000
	Purchase of property, plant and equipment			668931000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			181501000
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			147621000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-392121000
	Net cash flows from (used in) investing activities	-1091733000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			25719000
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			108751000
	Repayments of borrowings			279583000
	Payments of lease liabilities			0
	Dividends paid			228926000
	Interest paid			60346000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-16557000
	Net cash flows from (used in) financing activities			-450942000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			40348000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			40348000
	Cash and cash equivalents cash flow statement at beginning of period			15189000
	Cash and cash equivalents cash flow statement at end of period			55537000