Summary of Key Information:
Reporting Period: Quarter and Half Year ended September 30, 2026
Nature of Filing / Announcement: Regulation 33 SEBI LODR Compliance - Financial Results
Date of Board Meeting / Approval: November 2, 2026
Audit Opinion: Unqualified Report (Clean)
Auditor's Comment: No material misstatement identified in the limited review
Key Financial Highlights [₹ in Crore]
Standalone Results:
Revenue from Operations: ₹718.12 crore for H1 FY27 (71.63% increase from ₹418.40 crore in H1 FY26)
Total Income: ₹747.54 crore for H1 FY27
EBITDA: ₹122.18 crore for H1 FY27 (56.24% increase from ₹78.20 crore in H1 FY26)
Net Profit: ₹87.24 crore for H1 FY27
EPS: Basic ₹0.59, Diluted ₹0.58 for H1 FY27
Other Equity: ₹2,132.08 crore as of September 30, 2026
Cash and Cash Equivalents: ₹157.14 crore
Debt: Total borrowings ₹150.00 crore (Non-current ₹114.65 crore + Current ₹35.32 crore)
Consolidated Results:
Revenue from Operations: ₹1,120.70 crore for H1 FY27 (110% increase from ₹533.67 crore in H1 FY26)
Total Income: ₹1,147.80 crore for H1 FY27
EBITDA: ₹158.76 crore for H1 FY27 (72.32% increase from ₹92.13 crore in H1 FY26)
Net Profit: ₹98.48 crore attributable to owners, ₹11.06 crore to non-controlling interests
EPS: Basic ₹0.85, Diluted ₹0.84 for H1 FY27
Other Equity: ₹2,238.05 crore
Cash and Cash Equivalents: ₹162.87 crore
Debt: Total borrowings ₹336.35 crore (Non-current ₹114.95 crore + Current ₹221.40 crore)
Segment-wise Performance:
The company operates in two segments:
Engineering Segment:
- Revenue: ₹1,120.62 crore for H1 FY27
- Segment Result: ₹144.50 crore for H1 FY27
- Segment Assets: ₹3,881.50 crore
Electrical Segment:
- Revenue: ₹89.87 crore for H1 FY27
- Segment Result: (₹11.14) crore loss for H1 FY27
- Segment Assets: ₹285.74 crore
Corporate Actions:
Dividend: Not specified in this filing
Share Transactions:
- Conversion of 1,47,14,074 partly paid-up equity shares to fully paid-up on July 29, 2026
- Preferential allotment of 7,00,42,458 equity shares at ₹71.25 per share for SISCOL acquisition on August 17, 2026
- Preferential allotment of 7,00,000 equity shares at ₹71.25 per share for cash on August 17, 2026
ESOP Grants:
- July 1, 2026: 12,32,334 ESOPs to Lloyds Advance Defence Systems Limited employees
- July 1, 2026: 4,15,000 ESOPs to Company employees
- July 1, 2026: 13,33,562 ESOPs to Lloyds Infrastructure and Construction Limited employees
- October 10, 2026: 12,17,000 ESOPs to Company employees
- October 10, 2026: 10,35,050 ESOPs to SISCOL employees
- ESOP pool enhanced from 4.40 crore to 7.35 crore options approved September 25, 2026
Other Significant Information:
Order Book Position:
- Consolidated: ₹4,591.67 crore as of October 1, 2026 (190.43% growth)
- Standalone: ₹2,898.49 crore as of October 1, 2026 (122.31% growth)
- Associate Company (Lloyds Infrastructure): ₹5,763.72 crore
Acquisitions:
- Acquired 51.70% stake in Steel Infra Solutions Company Limited (SISCOL) through:
- 1,66,35,087 equity shares acquired for consideration other than cash
- 42,44,784 equity shares acquired for cash consideration
- 2,29,490 equity shares acquired through ESOP exercise
Corporate Developments:
- Court-convened meetings held October 16, 2026 for proposed Scheme of Merger by Absorption
- Shareholding in Lloyds Advance Defence Systems Limited diluted from 100% to 85% due to private placement on June 29, 2026
- Variation in Rights Issue proceeds utilization approved September 25, 2026
Notes to Financial Statements:
- ESOP outstanding: 1,52,01,503 options as of September 30, 2026
- Single business segment: Engineering Products and Services
- Figures regrouped/reclassified for consistency
- Results available on BSE, NSE, and company website