Lloyds Enterprises Ltd. has signed a definitive agreement to acquire a direct 17.98% equity stake in Steel Infra Solutions Company Ltd. (SISCOL) for ₹219 crore.
The acquisition comes after Lloyds Engineering Works Ltd. (LEWL), a group company, acquired a 52.16% stake in SISCOL. Following the latest transaction, the broader Lloyds Group’s ownership in SISCOL will rise to about 88%.
The deal values SISCOL at an equity valuation of nearly ₹1,220 crore. The overall transaction size is around ₹1,073 crore, with Lloyds Enterprises contributing about 18% of the total deal value.
SISCOL has executed over 187 projects since 2018
SISCOL operates in structural steel engineering and provides services across:
- Design
- Engineering
- Fabrication
- Erection
The company has completed more than 187 projects across 22 states since 2018.
Its portfolio includes projects in:
- Aviation
- Delhi Airport Terminal 1
- Jewar Airport
- Public infrastructure
- Dwarka Convention Centre
- Rourkela Stadium
- Technology assets
- Data centres
- IT parks
Client base includes major infrastructure companies
SISCOL has built relationships with several large infrastructure and engineering firms.
Its clients include:
- Larsen & Toubro (L&T)
- Tata Projects
- Shapoorji Pallonji
- Adani Power
- DP World
The company has an order book of around ₹1,134 crore, offering visibility into near-term project execution and revenue.
Lloyds Enterprises posts higher quarterly earnings
Lloyds Enterprises reported revenue of ₹720 crore in Q4 FY26, compared with ₹489 crore in the corresponding quarter of FY25, a rise of 47.23%.
Revenue also increased from ₹299 crore in Q3 FY26, marking a sequential growth of 140.8%.
Net profit climbed to ₹69 crore in Q4 FY26 from ₹25 crore a year earlier, registering growth of 176%.
Over the past five years:
- Revenue has grown at a CAGR of 366%.
- Net profit has grown at a CAGR of 402%.
Return ratios and leverage
As of Q4 FY26:
- Return on capital employed (ROCE): 10.6%
- Return on equity (ROE): 8.66%
- Earnings per share (EPS): ₹0.26
- Debt-to-equity ratio: 3.02 times
Stock movement
Shares of Lloyds Enterprises were trading at ₹78.2, against the previous close of ₹77.22.
The stock:
- Opened at ₹77.3
- Hit an intraday high of ₹80.24
- Touched a low of ₹77.11
The company had a market capitalisation of ₹11,748 crore. Its price-to-earnings ratio stood at 41.1 times, close to the peer median industry multiple of 40.29 times.
Lloyds Enterprises has operations spanning steel, trading and infrastructure-related investments. Through its participation in SISCOL, the company is expanding its presence in structural steel and engineering projects.
TL;DR:
Lloyds Enterprises will acquire a 17.98% stake in Steel Infra Solutions Company for ₹219 crore. Combined with earlier group acquisitions, the Lloyds Group’s holding in SISCOL will rise to about 88%. SISCOL has executed over 187 projects and currently has an order book of ₹1,134 crore.
AI summary:
- Lloyds Enterprises will buy a 17.98% stake in SISCOL for ₹219 crore.
- Group ownership in SISCOL will increase to about 88%.
- SISCOL has completed over 187 projects across 22 states.
- The company has an order book of around ₹1,134 crore.
- Lloyds Enterprises reported a 176% rise in Q4 FY26 net profit.
