Lloyds Engineering Bags ₹613 Crore & €18 Million Order from SAIL-IISCO for 4.2 MTPA Pellet Plant

Mumbai, November 3, 2025: Lloyds Engineering Works Limited (BSE: 539992, NSE: LLOYDSENGG) has reported winning a major order (valued at ₹613 crore and additional €18 million) as a part of a consortium awarded by SAIL-IISCO Steel Plant (ISP). The secures order relates to setting up a 4.2 million tonne per annum (MTPA) pellet project at Burnpur, WB.

The partners of the consortium include Primetals Technologies India Pvt. Ltd and Primetals Technologies Austria GmbH. The company expects the project to be completed in 39 months from the effective date.

Project Scope and Significance

Lloyds Engineering will lead the detailed design and engineering for the pellet plant complex and will supply several critical process equipment and systems required for the project. This collaboration underscores Lloyds Engineering’s growing technical capabilities in the design-to-delivery segment and strengthens its standing among India’s leading heavy-engineering and infrastructure solution providers.

Strategic Collaborations Driving Growth

The company has completed more than ten collaborations with both global and Indian tech partners. It has helped the enterprise in expanding its participation in high-value industrial projects. The company’s Wholetime Director, Shreekrishna Gupta, has commented on the development:

“This order is a clear reflection of the industry’s confidence in Lloyds Engineering’s technical depth, execution reliability, and collaborative approach. We have built strategic partnerships across geographies and technologies, and this project exemplifies how such collaborations can evolve into transformative opportunities.”

Strengthening Expertise and Market Credibility

Lloyds Engineering continues to execute multiple large-scale orders for marquee clients across steel, infrastructure, and heavy-engineering sectors, demonstrating its end-to-end competence, safety standards, and performance reliability. The latest order from SAIL–ISP adds to the company’s growing portfolio of industrial and infrastructure projects, marking another milestone in its journey toward building a world-class engineering enterprise.

Stock Price Movement

The stock price of Llyonds Engineering saw some momentum on Monday and was trading at ₹60.27 per share (2.36% over the previous closing price) around 12:45 PM. The stock started in green and remained strong with decent trading volumes (over 39 lakh shares traded). The company’s PE ratio is 65.41 compared to the industrial average of 36.94.

REF: https://nsearchives.nseindia.com/corporate/LSIL_03112025080342_Announcementfororderreceievdsigned.pdf

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