Bigul

Lloyds Steels Industries Ltd - 539992 - Announcement under Regulation 30 (LODR)-Change in Management

Change in Company Secretary and Compliance Officer of the Company.
08-08-2023
Bigul

Q1FY24 Quarterly Result Announced for Lloyds Engineering Works Ltd.

Industrial machinery company Lloyds Engineering Works announced Q1FY24 results: Revenue for Q1FY24 exhibited a growth of 122.8% YoY backed by solid execution of orders. Strong order inflows coupled with swift execution helped the company to report such robust growth. EBITDA for Q1FY24 grew to Rs 16.5 crore from Rs 13.7 crore in Q1FY23; Margins for Q1FY24 stood at 14.6%. Timely booking of raw materials and better productivity led to such healthy margins Order Book as of June 30, 2023, stood at Rs 816.1 crore. The order book for the company has grown by 143% YoY, with 246 crore of fresh orders. The order book is well balanced amongst various sectors. A healthy inflow is expected to continue its momentum, imparting sufficient visibility to the company’s earnings. Order book as of date is ~2.6x of FY23 sales. Despite solid execution in FY23 & Q1FY24 order book remains healthy. Company remains Net Debt-free, which further exhibits the company’s inherent strength of execution and operations. Ongoing Capex plans are progressing well. Such enhanced capacities will be shot in the arm of the company’s execution capacities. Given the rebranding of the Company, the name of the Company has changed from “Lloyds Steels Industries Limited” to "Lloyds Engineering Works Limited”. Commenting on Q1FY24 results Mukesh Gupta, Chairman, said, “We are pleased to announce that Lloyds Engineering Works has achieved an exceptional performance in the first quarter of FY24. Our last few quarterly sales are surpassing the total sales of the entire financial year 2022, reflecting the immense growth and success we have experienced. Additionally, our order book currently stands at more than 2.6 times the sales of FY23, which demonstrates the increasing demand and trust in our services. Looking ahead, we are confident in maintaining a robust trajectory of growth. Our strong execution Skills and the growing order book will be instrumental in propelling us forward. We are committed to sustaining a range-bound margin of 15-18%, showcasing our focus on maintaining a healthy financial outlook and consistently delivering value to our stakeholders. Furthermore, our strategic decision to venture into new sectors with better margin profiles will expand our horizons and further enhance our competitive edge. This diversification aligns perfectly with our vision for sustained success and long-term profitability. We are pleased to emphasise that our balance sheet remains strong and healthy, providing us with a solid foundation to pursue new opportunities and navigate market dynamics effectively. As we continue to foster innovation, efficiency, and customer satisfaction, we are excited about the bright and promising future that lies ahead for Lloyds Engineering Works.” Result PDF
08-08-2023
Bigul

Lloyds Steels Industries Ltd - 539992 - Announcement under Regulation 30 (LODR)-Investor Presentation

Investors Presentation for the quarter ended 30th June 2023
07-08-2023
Bigul

Lloyds Steels Industries Ltd - 539992 - Results For The Quarter Ended 30Th June 2023

Results for the quarter ended 30th June 2023
07-08-2023
Bigul

Lloyds Steels Industries Ltd - 539992 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Pursuant to Reg 39(3) of SEBI(LODR) 2015, this is to inform you that the Company has received intimation from our RTA-Bigshare Services Private Limited , regarding loss of Share Certificate , the details of which are attached below
04-08-2023
Bigul

Lloyds Steels Industries Ltd - 539992 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Pursuant to Reg 39(3) of SEBI(LODR), 2015 this is to inform you that the Company has received intimation from our RTA-Bigshare Services Private Limited, regarding loss of Share Certificate the details of which are attached below:
04-08-2023
Bigul

Lloyds Steels Industries Ltd - 539992 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Pursuant to Regulation 39(3) of SEBI(LODR) 2015, this is to inform you that the Company has received intimation from our Registrar and Share Transfer Agent - Bigshare Services Private Limited , regarding issue of Duplicate Share Certificates , the details of which are attached below:
04-08-2023
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