Is Lloyds Engineering Works the Best Stock in Its Sector? A Look at the Numbers

Lloyds Engineering Works CMP Rs 99 (01 Oct 2026). Market cap Rs 15,276 Cr. ROE 11.36%. P/E 64.80x versus Industry P/E 47.31x.

Updated: 1 Oct 2026 • 9:51 am

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Is Lloyds Engineering Works the Best Stock in Its Sector? A Look at the Numbers

Quick Answer

Lloyds Engineering Works is one of the names investors compare when screening the Capital Goods sector, built on a 11.36% return on equity and a P/E of 64.80x against an Industry P/E of 47.31x. Whether Lloyds Engineering Works is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Capital Goods sector peers, so you can judge that for yourself.

Is Lloyds Engineering Works the best stock in its sector? The stock trades on the NSE at Rs 99 as of 01 October 2026, within its 52-week range of Rs 37.40 to Rs 104.20. Lloyds Engineering Works Ltd, formerly Lloyds Steels Industries, manufactures heavy engineering equipment and process plant components.

Lloyds Engineering Works sits in the Capital Goods sector, and its 11.36% ROE and 64.80x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector's Industry P/E benchmark.

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Table of Contents

About Lloyds Engineering Works

Lloyds Engineering Works Ltd, formerly Lloyds Steels Industries, manufactures heavy engineering equipment and process plant components. It was renamed from Lloyds Steels Industries, and the stock is trading close to its 52-week high after a very sharp rally over the past year. At a market capitalisation of Rs 15,276 Cr, it is tracked as part of the Capital Goods sector on Univest.

Is Lloyds Engineering Works the Best Stock in Its Sector?

Lloyds Engineering Works makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 11.36% ROE with a 64.80x P/E against the sector's 47.31x Industry P/E. Lloyds Engineering Works' 64.80x P/E is above the 47.31x Industry P/E, and an 11.36% ROE does not clearly justify that premium, especially after the stock's very sharp rally toward its 52-week high.

Metric	Lloyds Engineering Works
CMP (NSE)	Rs 98.64
52-Week High / Low	Rs 104.20 / Rs 37.40
Market Cap	Rs 15,276 Cr
P/E (TTM) vs Industry P/E	64.80x vs 47.31x
P/B	7.01
ROE	11.36%
EPS (TTM)	Rs 1.52
Dividend Yield	0.24%
Debt to Equity	0.07

Compare Lloyds Engineering Works Against Other Capital Goods Sector Stocks

How Lloyds Engineering Works Compares Against Its Capital Goods Sector Peers

The table below sets Lloyds Engineering Works against 2 other Capital Goods sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.

Company	Market Cap (Rs Cr)	P/E	ROE	Debt to Equity
Lloyds Engineering Works	15,276	64.80	11.36%	0.07
Isgec Heavy Engineering	6,492	26.70	3.98%	0.35
KSB	14,297	58.22	14.46%	0.00
Peer average (2 companies)	-	42.46	9.22%	0.17

Against this peer set, Lloyds Engineering Works's 11.36% ROE is above the 9.22% peer average, and its P/E of 64.80x runs above the peer average of 42.46x. Lloyds Engineering Works' 64.80x P/E is above the 47.31x Industry P/E, and an 11.36% ROE does not clearly justify that premium, especially after the stock's very sharp rally toward its 52-week high.

What Makes Lloyds Engineering Works Worth Watching in Capital Goods

Solid ROE, low leverage: An 11.36% ROE alongside a debt to equity ratio of 0.07 reflects a reasonably efficient, well-capitalised business.
Heavy engineering and process equipment scale: Manufacturing heavy engineering equipment and process plant components gives Lloyds Engineering Works a capital goods manufacturing base.
Sharp rally toward its high: The share price has risen very sharply over the past year and is close to its 52-week high, so much of the improvement is already priced in.

Lloyds Engineering Works Valuation: Is It Justified?

Lloyds Engineering Works' 64.80x P/E is above the 47.31x Industry P/E, and an 11.36% ROE does not clearly justify that premium, especially after the stock's very sharp rally toward its 52-week high. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.

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Download the Univest iOS App or Univest Android App to track Lloyds Engineering Works and other Capital Goods sector stocks.

How to Track Lloyds Engineering Works Before You Invest

Before deciding whether Lloyds Engineering Works deserves its label as the best stock in its sector for your own portfolio, compare it directly against Capital Goods sector peers using the steps below.

Open the Univest Screener and search for Lloyds Engineering Works to view live price, valuation ratios, and peer comparisons within the Capital Goods sector.
Compare its P/E, P/B, and ROE against other Capital Goods sector stocks before deciding if the current valuation fits your strategy.
Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.

Conclusion

Lloyds Engineering Works earns a place in the best stock in its sector conversation on the strength of a 11.36% ROE and a P/E of 64.80x against a 47.31x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Is Lloyds Engineering Works the best stock in its sector?

Ans. Lloyds Engineering Works has a 11.36% ROE and trades at 64.80x P/E against a 47.31x Industry P/E, and compares above the peer average ROE of 9.22% in this article's named comparison, so the answer depends on what an investor is prioritising.

What is the current share price of Lloyds Engineering Works?

Ans. Lloyds Engineering Works was trading at Rs 98.64 on the NSE as of 01 October 2026, within its 52-week range of Rs 37.40 to Rs 104.20.

What sector does Lloyds Engineering Works belong to?

Ans. Lloyds Engineering Works is classified under the Capital Goods sector on Univest.

How does Lloyds Engineering Works compare to its sector peers on P/E?

Ans. Lloyds Engineering Works's P/E of 64.80x is above the 42.46x average of the 2 named peers compared in this article.

What is Lloyds Engineering Works's return on equity?

Ans. Lloyds Engineering Works reported a return on equity of 11.36%, which is above the 9.22% average of its named peers in this comparison.

Should I invest in Lloyds Engineering Works based on its sector position?

Ans. Lloyds Engineering Works's sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.

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