Rs 1,315.38 crore order book: Penny stock under Rs 55 bags order worth Rs 20,67,00,000 from Cochin Shipyard Ltd

The stock is up 20 per cent from its 52-week low of Rs 42.66 per share, gave multibagger returns of 370 per cent in 3 years and a whopping 9,740 per cent in 5 years.

On Friday, shares of Lloyds Engineering Works Ltd jumped 6.05 per cent to Rs 51.17 per share from its previous closing of Rs 48.25 per share. The stock’s 52-week high is Rs 82.65 per share and its 52-week low is Rs 42.66 per share. The shares of the company saw a spurt in volume by more than 2.32 times on BSE.

Lloyds Engineering Works Ltd has secured a significant domestic contract from Cochin Shipyard Limited for the supply, installation, commissioning, and training, including spares, of Fin Stabilizer systems. This order, valued at Rs 20.67 crore, has a staggered delivery schedule; the first supply is due within three months from the order date, with the final delivery expected by September 2028.

Additionally, On May 23, 2025, Lloyds Enterprises Limited (LEL), the promoter and holding company of Lloyds Engineering Works Limited, executed a block deal by selling 2,68,00,000 equity shares of Lloyds Engineering Works Limited. These shares, representing 2.30 per cent of the company's equity share capital, were sold for Rs 48.50 per share to Thriveni Earthmovers Private Limited, the investment arm of Mr. Balasubramanian Prabhakaran, totalling Rs 1,29,98,00,000.

About the Company 

Lloyds Engineering Works Ltd, established in 1974, designs, manufactures and commissions heavy equipment, machinery and systems for various sectors including hydrocarbon, oil & gas, steel, power, nuclear and marine. They offer a diverse range of products like pressure vessels, heat exchangers, steel mill equipment, and marine loading arms, catering to a broad clientele and operating out of four workshops in Thane, Mumbai. They are continuously expanding their capacity and hold various industry approvals.

According to Quarterly Results, the net sales increased by 74.21 per cent to Rs 212.15 crore, EBITDA increased by 48.45 per cent to Rs 37.59 crore and net profit increased by 48.75 per cent to Rs 27.95 crore in Q2FY25 over Q2FY24. In its half-yearly results, the net sales increased by 47.97 per cent to Rs 347.57 crore, EBITDA increased by 54.4 per cent to Rs 64.58 crore and net profit increased by 55.45 per cent to Rs 49.17 crore in H1FY25 over H1FY24.

The company has a market cap of over Rs 7,500 crore and as of March 31, 2025, the order book stands at Rs 1,315.38 crore. The stock is up 20 per cent from its 52-week low of Rs 42.66 per share, gave multibagger returns of 370 per cent in 3 years and a whopping 9,740 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.