lloyd Steel Share Price Target 2022, 2023, 2024, 2025, and 2030

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  • Post last modified:09/06/2022

lloyd Steel share price target 2022, 2023, 2024, 2025, and 2030: In this article, you will learn about lloyd steel price target 2022, 2023, 2024, 2025, and 2030, along with the fundamentals and financials of the company.

For every investor, it is important to know about the company in which they are investing, to get the confidence to hold the stock for the long term. To make it clear to you, in this article we have mentioned lloyd steel price target 2022, 2023, 2024, 2025, and 2030, along with the fundamentals of the company.

lloyd Steel Share Price Target 2022, 2023, 2024, 2025, 2030

During the year under review the Company achieved a turnover of 7,005.09 Lakhs as compared to 11,446.48 Lakhs in the previous year. The decrease is mainly on account of the economic slowdown as a consequence of the COVID-19 pandemic. The operating EBIDTA for the year is 305.86 Lakhs as against 538.95 Lakhs in the previous year.

The Company has posted a Profit Before Tax of 69.56 Lakhs during the year as against 327.29 Lakhs in the previous year after providing depreciation of 159.49 Lakhs (Previous Year 157.20 Lakhs) and has posted a Profit of 50.37 Lakhs as against 249.05 Lakhs in the previous year after considering tax expenses (Net) of 19.19 Lakhs (previous year 78.24 Lakhs). The total Comprehensive Income for the current year is 105.16 Lakhs as against 285.38 Lakhs in the previous year after considering Other Comprehensive Income of 54.79 Lakhs (Previous Year Other Comprehensive income 36.33 Lakhs).

Also read: LIC share price target.

lloyd Steel Share Price Target 2022

The Core business of the Company is the Design, Engineering, Manufacturing, Fabrication, Supply, Erection, and Commissioning of all types of Mechanical, Hydraulic, Structural, Process Plants, Metallurgical, and Chemical Plants Equipments including Marine Loading/Unloading Arms, Truck/Wagon Loading/Unloading Arms, Columns, Pressure Vessels, Dryers, Boilers, Power Plant, Steel Plant Equipments, Capital Equipments and execution of Turnkey and EPC projects.

The Company has collaboration agreements with L3 Calzoni s.r.l., Milano, Italy for Fin Stabilizers and Steering Gears with Controls for Indian Naval Ships and Indian Coast Guard Ships. The Company has an arrangement with Technip Energies, France (earlier Technip FMC / FMC Technologies SA) for Marine, Truck/Wagon Loading Arms, and Piggable Systems. lloyd steel share price target for 2022 is Rs 15.50.

lloyd Steel Share Price Target 2023

During the current financial year, the Company has executed orders/jobs by supplying critical equipment such as Column, Pressure Vessels, Dryers, Boiler Package, Construction of Mounded Vessels and Fire Water Tanks, Spares, carried out an erection, installation, and commissioning work and provided technical services to various Public and Private Sector Companies and Government Bodies /Agencies in diversified areas and fields broadly covering Refinery & Petroleum, Oil & Gas, Power, Steel Plant Equipments, Mining, Nuclear Projects, Ports and Naval Shipyard amongst others.

The Company is approved for its engineering skills/ works/services by various premier consulting companies and Inspection Agencies such as Engineers India Ltd., (EIL), MECON, LRIS, BVIS, PDIL amongst various other agencies lloyd steel share price target 2023 is Rs 19.

lloyd Steel Share Price Target 2024

The Company’s works have been approved by Industrial Boiler Regulatory Authority (IBR). The Company has further been approved for ISO 9001:2015 by SGS UK for Design, Manufacture, and Supply of Equipment for Industrial Sector – Hydrocarbon, Nuclear Power, Space, Defence, Process plants, Loading/Unloading Arms, Steel Plant, Boiler and Boiler Equipment.

The Company’s Fabrication Shop at Murbad has been approved by the Petroleum and Explosives Safety Organisation (PESO) under the Ministry of Commerce and Industry for Fabrication of Non-Cryogenic Pressure Vessels. lloyd steel share price target 2024 is Rs 23.

lloyd Steel Share Price Target 2025

The Company continues to participate in the tenders of various Public and Private Sector Companies, Government Organisations, Navy, and Ports and has secured reasonable orders during the financial year despite the prevailing Pandemic and actively looking for obtaining further orders/execution of works in India and Abroad. The Company’s order position as of 01.04.2021 stands at ` 211.05 Crores, a major portion of which the Company hopes to execute during the current financial year barring unforeseen circumstances. lloyd steel share price target 2025 is Rs 29.

lloyd Steel Share Price Target 2030

The prospects of the Indian Engineering Industry has been affected by the sudden Covid-19 pandemic since March 2020 which has an adverse effect on the overall industrial scenario and business prospects as the expansion plans of various industries are on slow track and there is severe competition towards securing orders as the country’s projected growth rate is on a slower pace. lloyd steel share price target 2030 is Rs 88.

lloyd steel share price target 2022, 2023, 2024, 2025, 2030

YearShare Price Target
lloyd steel share price target 2022Rs 15.50
lloyd steel share price target 2023Rs 19
lloyd steel share price target 2024Rs 23
lloyd steel share price target 2025Rs 29
lloyd steel share price target 2030Rs 88