September 21, 2014 3:55 AM ET

Electrical Equipment

Company Overview of Lloyd Electric & Engineering Limited

Company Overview

Lloyd Electric & Engineering Limited manufactures and sells heat exchangers and evaporator coils for heating, ventilation, air-conditioning (AC), and refrigeration industry primarily in India. The company offers fin and tube type heat exchangers used in various applications, such as commercial refrigeration systems, automobile-buses/car AC, railway and marine AC, telecom/mainframe AC, and special application coils, as well as window, split, and package AC systems; packaged AC units, including the AC units for passenger coaches and locomotives in the railway industry; window/split air conditioners; oil coolers for railways; and heavy automobile and tube mill for MB radiators. It is also invol...

159, Okhla Industrial Estate

Phase-III

New Delhi,  110020

India

Founded in 1987

232 Employees

Phone:

91 11 4062 7200

Fax:

91 11 4160 9909

Key Executives for Lloyd Electric & Engineering Limited

Executive Chairman
Age: 69
Total Annual Compensation: $7.4M
Chief Financial Officer and Whole Time Director
Age: 70
Total Annual Compensation: $3.3M
Whole Time Director
Age: 64
Total Annual Compensation: $7.4M
Executive Director
Age: 38
Total Annual Compensation: $4.2M
Whole Time Director
Age: 42
Total Annual Compensation: $4.2M
Compensation as of Fiscal Year 2014.

Lloyd Electric & Engineering Limited Key Developments

Lloyd Electric & Engineering Limited Appoints Gopal Kacker as Non-Executive Independent Director

Annual General Meeting of Lloyd Electric & Engineering Limited held on July 21, 2014. The shareholders appointed Mr. Gopal Kacker as non-executive independent director.

Lloyd Electric & Engineering Limited Reports Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2014

Lloyd Electric & Engineering Limited reported unaudited consolidated earnings results for the first quarter ended June 30, 2014. Income from operations was INR 6,396.8 million compared to INR 4,484.5 million a year ago. Profit after tax was INR 288.8 million compared to INR 160.2 million a year ago. Earnings per basic and diluted share were INR 8.18 compared to INR 4.54 a year ago.

Lloyd Electric & Engineering Limited Reports Unaudited Earnings Results for the First Quarter Ended June 30, 2014

Lloyd Electric & Engineering Limited reported unaudited earnings results for the first quarter ended June 30, 2014. For the quarter, the company reported net sales/income from operations (net of excise) was of INR 53.357 million compared to INR 37.423 million a year ago. Profit from operations before other income, interest and exceptional items were of INR 4.9 million compared to of INR 3.488 million a year ago. Profit from ordinary activities before tax was INR 2.752 million compared to INR 1.985 million a year ago. Net profit was INR 2.202 million or INR 6.23 per basic and diluted share compared to INR 1.588 million or INR 4.50 per basic and diluted share a year ago.

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