LCC Projects Limited
NSE: LCCPROJECTCivil Construction
Share price
₹143.86
-0.84% close of 9 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
69
out of 100 · worked out 9 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹4,167 Cr
P/E ratio
14.7
P/B ratio
—
ROCE
30.6%
ROE
38.0%
Dividend yield
0.0%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Fewer than three years of filings — too early to judge growth.
Whether it grew faster than its sector
It grew 40.7% a year against a sector median of 9.1% — 31.6 percentage points faster.
Room to re-rate, or risk of de-rating
Too little price history yet to compare it with its own past.
Whether growth justifies the valuation
Priced at 0.2 times its growth rate, on earnings growth of 61%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| LCC Projects Limited — this one | 61%/yr | 14.7× | ₹0.24 |
| Rail Vikas Nigam Limited | -13%/yr | 44.2× | — |
| Kalpataru Projects International Limited | 36%/yr | 21.3× | ₹0.59 |
| IRB Infrastructure Developers Limited | 8%/yr | 21.5× | ₹2.7 |
| NBCC (India) Limited | 13%/yr | 29.3× | ₹2.3 |
| Cemindia Projects Limited | 68%/yr | 31.8× | ₹0.47 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Civil Construction), it ranks 9 of 89 on returns, 8 of 84 on growth, 41 of 90 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A wide advantage: it earns 30.6% on capital, ahead of 90% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
No — Over the 4 years of cash statements on file it made ₹162 crore of cash from the business but spent ₹227 crore on plant and equipment, ₹65 crore more than it made; the gap was mostly borrowed — borrowings rose from ₹289 crore to ₹861 crore.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
6 of 8 checks clear · 75%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Announced 9 Oct 2026 · Consolidated · Unaudited
Revenue
₹803 Cr
Revenue vs last year
-15.2%
Revenue vs last quarter
-31.1%
Net profit
₹66 Cr
Profit vs last year
-15.7%
Profit vs last quarter
-31.5%
Net margin
8.2%
EPS
₹2.34
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹4,167 Cr
- Prev close
- ₹143.86
- 52w High
- ₹189
- 52w Low
- ₹139
- Enterprise value
- —
- Beta
- —
- Price CAGR 1y
- —
- Price CAGR 3y
- —
- Price CAGR 5y
- —
- Price CAGR 10y
- —
Ratios
- Return on assets
- 11.7%
- PEG ratio
- 0.3
- P/E ratio
- 14.7
- P/B ratio
- —
- EV / EBITDA
- —
- Industry P/E
- 15.8
- ROCE
- 30.6%
- ROCE 5y average
- 34.7%
- ROE
- 38.0%
- Debt / Equity
- 1.0
- Interest coverage
- 4.9
- Dividend yield
- 0.0%
- ROE 3y average
- 42.0%
- ROE last year
- 38.0%
Annual P&L
- Annual revenue
- ₹3,600 Cr
- Annual profit
- ₹286 Cr
- Operating margin
- 13.0%
- Net profit margin
- 7.9%
- EBITDA margin
- 13.4%
- Sales growth 3y
- 43.2%
- Sales growth 5y
- —
- Profit growth 3y
- 61.0%
- Profit growth 5y
- —
- EPS
- ₹10.4
- Sales growth TTM
- 23.0%
- Profit growth TTM
- 28.0%
- Dividend payout
- 0.0%
Quarter P&L
- Sales latest quarter
- ₹803 Cr
- Profit latest quarter
- ₹66 Cr
- YoY quarterly sales growth
- -15.2%
- YoY quarterly profit growth
- -15.7%
- OPM latest quarter
- 15.0%
Balance Sheet
- Book Value
- —
- Face Value
- ₹5.0
- Total debt
- ₹861 Cr
- Total cash
- ₹461 Cr
- Borrowings
- ₹861 Cr
- Reserves / Equity
- 5.5
Cash Flow
- Operating cash flow
- ₹158 Cr
- Free cash flow
- ₹112 Cr
- FCF yield
- 0.4%
- Net cash flow
- ₹69 Cr
Shareholding
- Promoter holding
- 89.9%
- FII holding
- 2.3%
- DII holding
- 2.0%
- Public holding
- 5.3%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro | 3,701.50 | 28.9 | 5,09,288 | 1.03 | 4,988.0 | 14.0 | 67,941.7 | 6.7 | 14.6 |
| Rail Vikas | 195.87 | 45.4 | 40,839 | 0.87 | 159.5 | 18.5 | 4,321.2 | 10.6 | 10.8 |
| Kalpataru Proj. | 1,458.40 | 22.4 | 24,905 | 0.75 | 311.5 | 45.1 | 6,408.0 | 3.8 | 18.3 |
| IRB Infra.Devl. | 17.44 | 21.4 | 21,064 | 0.89 | 306.3 | 51.3 | 2,137.3 | 1.8 | 7.5 |
| NBCC | 76.74 | 30.3 | 20,720 | 1.30 | 158.0 | 17.2 | 2,259.5 | -5.5 | 29.3 |
| Cemindia Project | 1,137.80 | 32.5 | 19,546 | 0.26 | 140.8 | 2.6 | 2,720.9 | 5.6 | 32.8 |
| Engineers India | 308.30 | 22.1 | 17,328 | 1.62 | 157.9 | 141.5 | 819.8 | -5.8 | 30.4 |
| LCC Projects | 143.97 | 15.4 | 4,170 | 0.00 | 65.8 | -17.1 | 802.6 | -15.1 | 30.6 |
| Median | 129.81 | 16.2 | 637 | 0.00 | 10.6 | 17.7 | 171.9 | 11.0 | 15.5 |
Competes with: Asset Reconstruction Company (India) Limited, Cemindia Projects Limited, Engineers India Limited, Enviro Infra Engineers Limited, IRB Infrastructure Developers Limited, Kalpataru Projects International Limited, Karamtara Engineering Limited, Larsen & Toubro, Manipal Payment and Identity Solutions Limited, NBCC (India) Limited, Rail Vikas Nigam Limited, Rentomojo Limited, Steamhouse India Limited, Vishnu Prakash R Punglia Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|
| Sales | 946 | 1,165 | 803 |
| Expenses | 818 | 1,016 | 683 |
| Material Cost | -0.00 | ||
| Change in Inventories | 0.15 | ||
| Purchases of Stock-in-Trade | 0 | ||
| Employee Cost | 34 | ||
| Other Expenses | 649 | ||
| Operating Profit | 128 | 149 | 119 |
| OPM % | 14 | 13 | 15 |
| Other Income | 3 | 20 | 8 |
| Exceptional items (within Other Income) | 0 | ||
| Interest | 20 | 29 | 25 |
| Depreciation | 8 | 14 | 11 |
| Profit before tax | 103 | 126 | 92 |
| Tax % | 25 | 24 | 28 |
| Net Profit | 78 | 96 | 66 |
| EPS in Rs | 2.83 | 3.50 | 2.34 |
| Diluted EPS in Rs | 2.34 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 1,225 | 2,439 | 2,918 | 3,600 |
| Expenses | 1,107 | 2,173 | 2,540 | 3,119 |
| Operating Profit | 118 | 266 | 378 | 482 |
| OPM % | 10 | 11 | 13 | 13 |
| Other Income | 9 | -25 | 23 | 38 |
| Interest | 29 | 50 | 80 | 96 |
| Depreciation | 7 | 19 | 27 | 45 |
| Profit before tax | 92 | 172 | 294 | 378 |
| Tax % | 26 | 29 | 24 | 24 |
| Net Profit | 68 | 122 | 224 | 286 |
| EPS in Rs | 20 | 36 | 8.18 | 10 |
| Dividend Payout % | 0 | 0 | 0 | 0 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- —
- 3 years
- 43%
- TTM
- 23%
Compounded profit growth
- 10 years
- —
- 5 years
- —
- 3 years
- 61%
- TTM
- 28%
Return on equity
- 10 years
- —
- 5 years
- —
- 3 years
- 42%
- Last year
- 38%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 34 | 34 | 136 | 136 |
| Reserves | 227 | 349 | 469 | 752 |
| Borrowings | 289 | 422 | 747 | 861 |
| Other Liabilities | 253 | 326 | 376 | 698 |
| Total Liabilities | 804 | 1,130 | 1,727 | 2,447 |
| Fixed Assets | 97 | 146 | 160 | 219 |
| CWIP | 0 | 0 | 34 | 0 |
| Investments | 5 | 5 | 5 | 10 |
| Other Assets | 701 | 979 | 1,528 | 2,218 |
| Total Assets | 804 | 1,130 | 1,727 | 2,447 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Cash from Operating Activity | -49 | 29 | 24 | 158 |
| Cash from Investing Activity | -93 | -129 | -195 | -107 |
| Cash from Financing Activity | 143 | 83 | 252 | 18 |
| Net Cash Flow | 2 | -17 | 81 | 69 |
| Free Cash Flow | -87 | -38 | -52 | 112 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Debtor Days | 54 | 23 | 31 | 46 |
| Cash Conversion Cycle | 54 | 23 | 31 | 46 |
| Working Capital Days | 11 | 11 | 13 | 20 |
| ROCE % | 38 | 35 | 31 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
a new listing's EV withheld until its first post-issue balance sheet; value = fresh issue (0 = unknown), period = the issue cut-off
258inr_cr
2026-09-14
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
order book, Rs crore
8,388inr_cr
2026-06-30
a new listing's P/B and Book Value withheld until its first post-issue balance sheet; value = fresh issue (0 = unknown), period = the issue cut-off
258inr_cr
2026-09-14
News
News and filings about LCC Projects Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
- Asset Reconstruction Company (India) Limited
- Cemindia Projects Limited
- Engineers India Limited
- Enviro Infra Engineers Limited
- IRB Infrastructure Developers Limited
- Kalpataru Projects International Limited
- Karamtara Engineering Limited
- Larsen & Toubro
- Manipal Payment and Identity Solutions Limited
- NBCC (India) Limited
- Rail Vikas Nigam Limited
- Rentomojo Limited
- Steamhouse India Limited
- Vishnu Prakash R Punglia Limited
Uses as raw material
- cement
- steel
Depends on the price of
- cement
- steel
Sells to
- Executive Engineer, K.B.C. Division No. 2/6 Bhachau · Dudhai sub-branch canal construction
- Madhya Pradesh Jal Nigam Maryadit · Sidhi Bansagar Multi-Village Scheme water supply project
- Narmada Valley Development Authority · Sondwa Lift Micro Irrigation Project construction, operation and maintenance
- Reliance Industries · civil works for 400kV substations under Kutch RE Project-Z2
Buys from
- Gabion Technologies India Limited · gabion boxes
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Construction
- Industry
- Civil Construction
- Classification
- Construction › Civil Construction
- ISIN
- INE1FPN01026
Plants
- Jaspur precast facility · Jaspur, Gujarat
- Sidhi precast facility · Sidhi, Madhya Pradesh
- Surat precast facility · Surat, Gujarat
News impact
Big market events that reach LCC Projects Limited, and how the effect spreads.
28 Sept, 16:37 IST · Market event · high impact
Kalpataru Projects shares rise 2.5% despite market sell-off | Here’s what’s in focus
Kalpataru listed its Swedish grid unit in Stockholm, lifting its own shares while rivals and suppliers see no change.
Who it hits first
- Kalpataru Projects International, which builds transmission lines and infrastructure, rose 2.5% on September 28 after its Swedish unit Linjemontage i Grastorp listed on Nasdaq Stockholm at SEK 46.
- Kalpataru keeps about 65.9% of the listed unit, so the listing puts a public price on a holding that was hard to value before.
- The gain came despite a wider market sell-off, showing the listing news outweighed weak sentiment that day.
Who may gain
- Kalpataru Projects International shareholders, who now see a market value for the kept 65.9% stake in the Swedish grid builder.
- Linjemontage i Grastorp, the Swedish grid contractor, which gains its own listed shares and easier access to Swedish capital.
- No rival builder gains work from this listing — the benefit stays with the owner of the stake.
Along the supply chain
Downstream
No change for buyers — grid owners such as Power Grid and GAIL buy finished lines, not shares, so their costs and timelines are untouched.
Upstream
No extra pull for suppliers — pipe and cable makers such as Welspun Corp, which supplies Kalpataru, see no new orders from a share listing.
Where demand moves
Business
No new building work changes hands — selling existing shares in Linjemontage at SEK 46 does not create transmission-line orders for Kalpataru or any rival.
Capital
Money flows toward Kalpataru as investors pay up for the newly priced 65.9% stake, while the Swedish unit collects its IPO funds in Stockholm for future grid work.
How it spreads across sectors
Capital Goods
No real lift for equipment and cable makers, since a single owner's stake listing creates no extra demand.
Construction
Mild positive mood as one builder shows a hidden asset can be priced, but no new orders spread to peers.
When it plays out
Immediate
Kalpataru shares hold the 2.5% listing pop over 1-7 days while traders compare the SEK 46 price to the kept 65.9% stake.
Medium term
Over 1-6 months value depends on the Swedish unit's grid orders and Kalpataru's debt and delivery, not the listing day.
Short term
Over 1-4 weeks focus shifts to whether the Swedish shares hold above SEK 46 and how Kalpataru uses any proceeds.
28 Sept, 11:41 IST · Market event · high impact
KPIL bags ₹4,000+ crore UAE gas pipeline EPC contract; stock slips 1.14%
Kalpataru Projects won a Rs 4,000-crore UAE gas pipeline job that lifts its order book, while rival builders and pipe suppliers see only sentiment support.
Who it hits first
- Kalpataru Projects International, a construction and engineering builder, won a Rs 4,000-crore-plus gas pipeline building contract in the UAE.
- Despite the win, Kalpataru Projects shares slipped 1.14% to Rs 1,375.30 from Rs 1,391.20, showing a cool first reaction.
- The job adds large overseas backlog and multi-month execution work for Kalpataru Projects and its site suppliers.
Who may gain
- Kalpataru Projects International, the construction and pipeline builder, gains backlog and revenue visibility
- Pipe, cable and material suppliers to pipeline work see possible follow-on orders
- UAE gas network owners gain delivery capacity for the pipeline stretch
Along the supply chain
Downstream
Downstream, the UAE gas system and its users gain pipeline capacity once built; Indian customers named in the graph such as GAIL India, Indian Oil and Power Grid gain no direct volumes from this UAE job.
Upstream
Upstream, pipe, steel, cable and engineering suppliers such as Welspun Corp, a large pipe maker, could see enquiries if Kalpataru Projects buys pipes and materials for the UAE pipeline stretch.
Where demand moves
Business
Kalpataru Projects receives direct business demand through a Rs 4,000-crore-plus UAE gas pipeline building job, adding multi-month site work, equipment hiring and subcontracting.
Capital
Investors reprice order-book visibility for Kalpataru Projects, while rivals get only light sentiment buying since no money or contract flows to them.
How it spreads across sectors
Construction
Order-book sentiment firms as a large overseas pipeline win shows demand for Indian builders, but only the winner books work.
Oil, Gas & Consumable Fuels
A new gas pipeline stretch supports gas movement and contractor demand, with no direct fuel-price change for Indian gas sellers.
When it plays out
Immediate
In 1-7 days Kalpataru Projects trades on order-book cheer against the weak 1.14% first reaction and margin questions.
Medium term
In 1-6 months progress depends on mobilisation, permits, pipe buying and execution updates from the UAE site.
Short term
In 1-4 weeks focus shifts to contract details, margin, payment terms and any supplier orders linked to the job.
26 Sept, 16:20 IST · Market event · high impact
Steamhouse India wins ₹311 cr EPC mandate for 300 TPH steam project in Himachal
Steamhouse India won a Rs 311 crore steam-plant build in Himachal with 25 years of upkeep, which helps Steamhouse's sales while rivals see no gain or loss.
Who it hits first
- Steamhouse India, which builds and runs steam plants, won a Rs 311 crore order to build a 300 TPH steam facility in Himachal Pradesh.
- The order also pays Steamhouse to run and maintain the plant for 25 years, giving it steady upkeep income on top of the build work.
- That mix of build fees plus a 25-year service tail lifts Steamhouse's sales visibility, while rival bidders get nothing from this award.
Who may gain
- Steamhouse India, the steam-plant builder and operator, which collects the Rs 311 crore build fee and 25 years of upkeep payments.
Along the supply chain
Downstream
No direct downstream buyer is named either — the steam will serve Himachal industrial users once the plant runs, but no customer company is identified to benefit.
Upstream
No direct upstream link is named in the pack — Steamhouse lists no suppliers, so boiler, pipe or fuel vendors for this plant cannot be credited with new orders.
Where demand moves
Business
New business demand lands squarely on Steamhouse India: a Rs 311 crore build contract for the 300 TPH plant plus 25 years of paid operation and upkeep, which stretches its order book from one-time construction into long service income.
Capital
Investor money is likely to favour Steamhouse shares on stronger earnings visibility, with little reason for funds to rotate into rivals since they won no work here.
How it spreads across sectors
Capital Goods
Small positive readthrough: a Rs 311 crore steam EPC award shows industrial boiler demand is alive, but one order does not lift the whole equipment sector.
Utilities
Mildly positive for steam-as-a-service models since a 25-year upkeep deal proves long service contracts are being signed, though only Steamhouse gains here.
When it plays out
Immediate
Steamhouse shares react to the order headline; rivals stay flat as the market sees a single-company win.
Medium term
Build progress and early upkeep billing decide the lasting gain; peers move only if more steam orders follow.
Short term
Focus shifts to order details — build schedule, margins and upkeep terms — which set how much profit Steamhouse keeps.
25 Sept, 16:01 IST · Market event · medium impact
Kalpataru Projects Int'l lists subsidiary on Sweden's Nasdaq Stockholm
Kalpataru Projects listed its Swedish unit Linjemontage in Stockholm, a first for an Indian firm, lifting the parent's value hopes while rivals and suppliers stay unaffected.
Who it hits first
- Kalpataru Projects International (KPIL), a power-line and civil builder, listed its Swedish unit Linjemontage on Nasdaq Stockholm.
- KPIL says it is the first Indian firm to list a foreign subsidiary in Sweden, giving the unit a visible market price.
- No sale size, price, or cash raised was disclosed, so the parent's gain is value recognition rather than fresh money.
Who may gain
- KPIL shareholders may see the hidden value of the Swedish unit reflected in the parent's price.
- Linjemontage gains its own listing status, easing future fundraising in Sweden.
- Rival builders, pipe suppliers, and rail buyers named in the pack gain no orders from this listing.
Along the supply chain
Downstream
No customer tariff or contract changes follow; rail and power buyers such as RVNL continue existing terms untouched.
Upstream
No new pipes, cables, or steel are ordered by a share listing, so Welspun Corp and other named suppliers see no volume change.
Where demand moves
Business
No project or supply order flows from a listing; the business effect is nil beyond Linjemontage's own standing in Sweden.
Capital
Capital may rotate mildly toward KPIL on value-unlocking hopes, while rivals see no reason for fresh buying.
How it spreads across sectors
Construction
Mild pride for Indian builders going global, but no orders move, so peers stay flat.
Infrastructure
No effect — the listing is a single firm's capital event with no project pipeline behind it.
When it plays out
Immediate
1-7 days: KPIL trades on listing cheer; watch the Linjemontage debut price in Stockholm.
Medium term
1-6 months: any follow-on share sale or Swedish fundraising shows whether the listing brings real cash.
Short term
1-4 weeks: analysts add the listed unit's value to KPIL targets if the debut holds.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Bulk & block deals
| Date | Who | Bought / sold | Shares | Price |
|---|---|---|---|---|
| 17 Sep 2026 | NEOMILE CORPORATE ADVISORY LIMITED | BUY | 65,00,000 | ₹186.10 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Results presentation30 Jun 2026
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.