Defence Penny Stock in Focus as Company Expands Strategic Drone Partnership with FlyFocus Through MoU for First Person View (FPV) Systems
DSIJ Intelligence-1 / 14 Oct 2025/ Categories: Multibaggers, Penny Stocks, Trending
The stock is up over 50 per cent from its 52-week low of Rs 42.66 per share, giving multibagger returns of 455 per cent in 3 years and a whopping 10,330 per cent in 5 years.
Lloyds Engineering Works Limited (LEWL) has signed a new Memorandum of Understanding (MoU) with Poland's FlyFocus Sp. z o.o. to jointly introduce advanced First Person View (FPV) drones for the Indian Defence and security sectors. This agreement strategically expands their current partnership, which focuses on the long-range Defender drone, by adding agile, short-range tactical UAVs. The goal is to strengthen India’s capability from long-range surveillance to rapid-response tactical operations.
The FPV initiative deepens the collaboration, specifically targeting high-mobility, close-quarter scenarios like real-time reconnaissance and special operations. A key aspect of the MoU is the commitment to the 'Make in India' policy: FlyFocus will enable LEWL with a structured technology transfer model to achieve over 50 per cent local content through component manufacturing and final assembly in India. LEWL also secures exclusive rights for adaptation and deployment of these systems in India, aligning with the nation's push for self-Reliance in high-tech defence.
This partnership is designed to create a full-spectrum drone ecosystem, with FPV systems complementing the Defender platform to provide comprehensive aerial intelligence. Engineered for applications like border surveillance and counter-terrorism, these FPV drones will bring precision and speed to India’s forces. By investing in indigenous technologies and next-gen platforms, Lloyds Engineering is establishing itself as a key player in India's rapidly expanding defence sector.
About the Company
Lloyds Engineering Works Limited, established in 1994 and headquartered in Mumbai, is a comprehensive Indian provider of customised Process Plant Equipment and engineering and infrastructure solutions, offering services from design and manufacturing to installation. With state-of-the-art facilities in Murbad, Thane, Nagpur, and Bhilai, the company caters to various heavy industries—including Mining to Metal (Steel), Hydrocarbon, Oil & Gas, Thermal and Nuclear Power and Marine sectors—on a turnkey basis, and its operations are approved by various authorities such as the Industrial Boiler Regulatory Authority and PESO.
The company has a market cap of over Rs 6,900 crore and as of June 30, 2025, the Order Book stands at Rs 1,337.57 crore. The stock is up over 50 per cent from its 52-week low of Rs 42.66 per share, giving multibagger returns of 455 per cent in 3 years and a whopping 10,330 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.