LCC Projects Limited – Investor Presentation Summary
Key Operational Highlights
- Order Book as of June 30, 2026 stood at ₹83,878 million compared to ₹79,532 million as of March 31, 2026
- YTD Orders booking in FY27: ₹22,291 million (Q1 FY27: ₹11,724 million, Q2 FY27: ₹10,567 million)
- Robust L1 position for projects worth ₹17,673 million
- Execution impacted by supply-chain disruptions from global geopolitical tensions causing commercial fuel shortage
- Temporary workmen shortages linked to state elections further impacted execution
- Situation has normalized with steadily increasing on-ground workforce and improved material availability
Key drivers of operational performance: Supply chain normalization, improved workforce availability, and strong order pipeline
Segment-wise Performance
Not Specified
Financial Highlights
Revenue: ₹8,026 million
EBITDA: ₹1,195 million
PAT: ₹658 million
EPS: ₹2.3
Margins: EBITDA Margin 14.9%, PAT Margin 8.1%
YoY comparison: Revenue -15%, EBITDA -6%, PAT -16%
QoQ comparison: Not Specified
Drivers of financial performance: Supply-chain disruptions, temporary labor shortages, improved margin efficiency
Comparison to market estimates: Not available
Key Risks: Geopolitical tensions affecting supply chains, labor availability issues, project execution delays
Geographical Revenue Split
Not Specified
Balance Sheet Snapshot
Net Debt/Equity: Not Specified
Reserves: Not Specified
Current Assets/Liabilities: Not Specified
Working Capital/Leverage Metrics: Not Specified
Financial Health Insights: Not Specified
Capex & Cash Flow Health
Capital Expenditure: Not Specified
Free Cash Flow: Not Specified
Operating Cash Flow: Not Specified
Net Debt Movement: Not Specified
Investment Rationale: Not Specified
Strategic & R&D Initiatives
Investments in Innovation: Advanced technology adoption including SCADA, Water Gems, Water Hammer, KY Pipe, Staad-pro, AutoCAD, GIS, E-Survey
Expected impact on growth: Enhanced design accuracy, competitive bidding, and execution efficiency
Strategic Rationale: Complete in-house expertise from project identification to operation & maintenance, minimizing third-party reliance
Industry Trends & Business Environment
Macro/Industry Trends: India needs over $2.2 trillion in infrastructure investment to become $7 trillion economy by 2030, with $1.5 trillion under National Infrastructure Pipeline for FY2020-25
Impact on Company: Significant NIP allocations target irrigation, river interlinking, and micro-irrigation, creating growth opportunities
Management Commentary & Growth Outlook
Strategic Outlook: Execution momentum has strengthened across project sites, positioning the Company to deliver on growth and performance objectives
FY Guidance: Not Specified
Market Share Targets: Not Specified
Risks and Opportunities: Focus on projects with steady cash flows and milestone-based payments, preference for contracts with escalation clauses
Company Overview
- Multidisciplinary EPC Company focused on irrigation and water supply projects
- Geographical presence across 12 states with planned expansion in Bihar and Goa
- Delivered 80 projects for various government departments
- ~700 qualified engineering & technical staff with 5+ years average experience
- Strong risk management and project selection processes
Historical Financial Performance
FY26 Revenue: ₹36,003 million (23% YoY growth)
FY26 EBITDA: ₹4,817 million (27% YoY growth)
FY26 PAT: ₹2,864 million (28% YoY growth)
3-year CAGR: Revenue 21.5%, EBITDA 34.6%, PAT 53.5%