Lloyds Engineering Works Part of Consortium Awarded Rs 613 Crore + EURO 18 Million Order from SAIL-IISCO Steel Plant for 4.2 MTPA Pellet Project
DSIJ Intelligence-1 / 03 Nov 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), as part of a consortium including Primetals Technologies India and Austria, has secured a significant contract for the design and execution of a 4.2 million tonnes per annum (MTPA) Pellet Plant Complex at Steel Authority of India Limited’s (SAIL) IISCO Steel Plant in Burnpur, West Bengal. This major project, confirmed via a Letter of Acceptance (LOA) from SAIL, has a total consortium contract value of approximately Rs 613 crore (Indian portion) plus EURO 18.26 million (Euro portion). The entire project is slated for completion within 39 months from the contract's effective date, marking a significant milestone for LEWL.
This success highlights the strategic importance of collaborations to LEWL's growth. Over the past two years, the company has forged over 10 alliances with domestic and international partners, which have been crucial in expanding its technical capabilities and enabling it to secure high-value industrial projects. The SAIL contract demonstrates LEWL’s proficiency in converting these partnerships into tangible, large-scale orders. Moving forward, LEWL plans to strengthen these alliances and seek new partnerships to secure further high-value engineering and manufacturing work.
The SAIL – ISP pellet plant project is a key addition to LEWL's rapidly expanding portfolio. The company is actively executing several large-scale orders for prominent clients in the steel, infrastructure, and heavy-engineering sectors. This contract reinforces LEWL's growing reputation as a trusted engineering partner and showcases its comprehensive design-to-delivery competence and commitment to quality and performance. It represents another major step in LEWL's journey toward establishing a world-class engineering enterprise of substantial scale.
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 8,000 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 440 per cent in 3 years and a whopping 10,000 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.