🔍

LCC Infotech Limited (LCCINFOTEC)

₹4.29 +4.89% last close, 16 Oct

📊 NSE: LCCINFOTEC 🏢 Computers - Education 📢 Latest filing: 17 Oct 2026 📝 Analysis written: 14 Dec 2025

Q2 FY27 results

LCC Infotech Limited reported Q2 FY27 results on 10 Oct 2026: revenue ₹5.4 Cr, and net profit ₹1.7 Cr (against a loss a year earlier); the operating margin was 43.0%.

Q2 FY27 (₹ Cr)	Value	YoY vs Q2 FY26	QoQ
Revenue	₹5.4	—	—
Operating profit	₹2.3	from loss	from loss
Net profit	₹1.7	from loss	from loss
EPS (₹)	0.10	—	from loss
Operating margin	43.0%	—	—

Turnaround: profit against a loss a year ago

Quality of profit: the core business earned ₹2.2 Cr before tax; other income and one-off items took ₹0.0 Cr off that, leaving pre-tax profit of ₹2.2 Cr.

Share price since the results: +26.5% (close before the filing to the latest close).

Full quarterly financials → Margins & quality of profit → All Q2 FY27 results → Results calendar →

LCCINFOTEC exchange data

NSE end-of-day data for Fri, 16 Oct 2026

It closed at its upper price band (circuit) on 16 Oct, one of 15 band closes in about the last 20 sessions.

₹4.29NSE close · +4.89%

Circuit stocks →

A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed

📢 Recent Corporate Announcements

LCC Infotech Appoints Ronak Thakor as Executive Additional Director Effective Oct 17, 2026

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 17 Oct 2026, 12:38 PM

LCC Infotech Limited announced the appointment of Mr. Ronak Thakor as an Additional Director in the Executive Director (Professional) category, effective October 17, 2026. The board meeting approving the decision was conducted between 11:15 AM and 11:50 AM on the same day. Mr. Thakor holds B.Com and M.Com degrees with expertise in accounting and finance. This comes as the company continues to restructure operations following severe operational distress, having posted a net loss of Rs 38 Cr over the TTM period on negligible revenue.

Appointment of Mr. Ronak Thakor (DIN: 12005276) as Additional Director (Executive) approved.
The appointment is effective from October 17, 2026.
Board meeting commenced at 11:15 AM and concluded at 11:50 AM on October 17, 2026.
Appointee holds zero directorships in other listed entities and has no family relationships with other directors.

💡 Track subsequent shareholder approvals for the directorship and monitor whether management changes translate into business revitalization and revenue traction in upcoming quarterly filings.

LCC Infotech Appoints Ronak Thakor as Executive Additional Director Effective Oct 17, 2026

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 17 Oct 2026, 12:35 PM

Appointment of Mr. Ronak Thakor (DIN: 12005276) as Additional Director (Executive) approved.
The appointment is effective from October 17, 2026.
Board meeting commenced at 11:15 AM and concluded at 11:50 AM on October 17, 2026.
Appointee holds zero directorships in other listed entities and has no family relationships with other directors.

💡 Track subsequent shareholder approvals for the directorship and monitor whether management changes translate into business revitalization and revenue traction in upcoming quarterly filings.

LCC Infotech Q2 FY27 Net Profit at ₹1.69 Cr on Revenue Surge to ₹5.43 Cr

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 10 Oct 2026, 09:22 PM

LCC Infotech reported standalone revenue from operations of ₹5.43 Cr (₹542.52 Lakhs) for Q2 ended September 30, 2026, compared to nil in Q1 FY27 and just ₹0.10 Lakhs in Q2 FY26. Net profit for the quarter came in at ₹1.69 Cr (₹169.47 Lakhs) against a net loss of ₹0.06 Cr in Q2 FY26 and ₹0.12 Cr in Q1 FY27. Total expenses surged to ₹3.18 Cr, primarily driven by ₹2.97 Cr in material consumption costs. Additionally, the company submitted a statement showing zero deviation in the utilization of its ₹121.76 Cr preferential issue proceeds.

Revenue from operations jumped to ₹542.52 Lakhs (₹5.43 Cr) vs ₹0.10 Lakhs in Q2 FY26
Net profit after tax turned positive at ₹169.47 Lakhs (₹1.69 Cr) vs a loss of ₹6.10 Lakhs in Q2 FY26
Cost of material consumed spiked to ₹297.16 Lakhs, representing the bulk of quarterly operating expenses
Reported zero deviation in the utilization of ₹12,176 Lakhs (₹121.76 Cr) raised via preferential issue

💡 Track whether this sudden quarterly revenue surge is sustainable or a one-off trading transaction, and watch for further disclosures regarding the utilization of preferential issue proceeds.

LCC Infotech Q2 FY27 Net Profit at ₹1.69 Cr on Revenue Surge to ₹5.43 Cr

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 10 Oct 2026, 09:07 PM

Revenue from operations jumped to ₹542.52 Lakhs (₹5.43 Cr) vs ₹0.10 Lakhs in Q2 FY26
Net profit after tax turned positive at ₹169.47 Lakhs (₹1.69 Cr) vs a loss of ₹6.10 Lakhs in Q2 FY26
Cost of material consumed spiked to ₹297.16 Lakhs, representing the bulk of quarterly operating expenses
Reported zero deviation in the utilization of ₹12,176 Lakhs (₹121.76 Cr) raised via preferential issue

💡 Track whether this sudden quarterly revenue surge is sustainable or a one-off trading transaction, and watch for further disclosures regarding the utilization of preferential issue proceeds.

LCC Infotech Submits SEBI Reg 74(5) Dematerialisation Certificate for Q2 FY27

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 07 Oct 2026, 01:05 PM

LCC Infotech Limited has submitted its certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter and half-year ended September 30, 2026. The Registrar and Share Transfer Agent confirmed that securities received for dematerialisation during the period were processed and listed on the exchanges within the required 15 days. This is a recurring administrative compliance filing with no impact on business operations or financials.

Compliance certificate submitted under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.
Pertains to the quarter and half-year ended September 30, 2026.
Dematerialisation requests confirmed and processed within the stipulated 15-day timeline.
Filing submitted on October 7, 2026.

💡 Track the upcoming Q2 FY27 financial results to assess any operational recovery under the new management team.

LCC Infotech Shareholders Approve MOA Object Clause Alteration and Auditor Appointment at 40th AGM

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 02 Oct 2026, 04:28 PM

LCC Infotech Limited submitted the scrutinizer's report and voting results for its 40th Annual General Meeting held on September 30, 2026. All five resolutions were passed with the requisite majority, with ~99.99% votes cast in favour for each item. Key approvals included the adoption of annual financial statements, reappointment of director Rachna Suman Shaw, appointment of M/s Sarang Shivajirao Chavan and Associates as statutory auditors for 5 years, material related-party transactions, and alteration of the Object Clause in the Memorandum of Association. Notably, 58,99,006 votes from related parties (Rachna Suman Shaw and Shreeram Bagla) were declared invalid for the related-party resolution pursuant to SEBI regulations.

All 5 resolutions approved with over 99.99% valid votes cast in favour.
M/s Sarang Shivajirao Chavan and Associates appointed as statutory auditors for a 5-year tenure up to the 45th AGM (2031).
Special resolution passed to alter the Object Clause of the Memorandum of Association.
58,99,006 promoter votes declared invalid for Item No. 4 (Material Related Party Transactions) under SEBI LODR Regulation 23(4).
Total of 41,404 shareholders recorded as on the record date of September 23, 2026.

💡 Monitor upcoming quarterly filings to track whether the altered MOA object clause signals operational pivots into new business lines, and observe any revenue generation after minimal FY25-FY26 topline.

LCC Infotech Concludes 40th AGM; Approves Object Clause Alteration and Related Party Transactions

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 30 Sep 2026, 02:06 PM

LCC Infotech Limited completed its 40th Annual General Meeting (AGM) on September 30, 2026. Key resolutions placed before shareholders included the adoption of FY26 financial statements, reappointment of director Rachna Suman Shaw, appointment of M/s Sarang Shivajirao Chavan and Associates as statutory auditors, and approval of material related party transactions. Additionally, a special resolution was transacted to alter the Object Clause of the Memorandum of Association, aligning with the new management's repositioning efforts. Voting results under Regulation 44(3) will be submitted separately.

Held 40th AGM via VC/OAVM on September 30, 2026, commencing at 1:10 PM and concluding at 1:22 PM
Special resolution transacted for the alteration of the Object Clause of the Memorandum of Association
Ordinary resolution proposed to approve existing as well as new material related party transactions
M/s. Sarang Shivajirao Chavan and Associates appointed as Statutory Auditors

💡 Track the upcoming disclosure of voting results under Regulation 44(3) to confirm final approval, and monitor details on the altered Object Clause to see what new business lines the company plans to pursue.

LCC Infotech Issues AGM Corrigendum Disclosing Rs 93.77 Cr Warrants and Equity Allotment

🟡 NEUTRAL ⭐ 6/10

FUNDRAISE 📅 09 Sep 2026, 06:21 PM

LCC Infotech has issued a corrigendum to its FY2025-26 Annual Report and AGM Notice correcting omissions regarding its capital structure. The company clarified that during FY26, it allotted 4.20 crore equity shares at Rs 4.55 per share, raising paid-up equity capital by Rs 8.40 crore to Rs 33.72 crore. Additionally, it issued 20.61 crore convertible warrants at Rs 4.55 aggregating to Rs 93.77 crore (over 2x its current market cap of Rs 45 crore), against which Rs 23.44 crore (25%) was received upfront. The corrigendum also provides missing director profile disclosures for Rachna Suman Shaw, who holds a 17.21% stake and is up for re-appointment.

Preferential allotment of 4,20,00,000 equity shares of face value Rs 2 each at Rs 4.55 per share completed in FY26.
Paid-up equity share capital increased from Rs 2,531.87 lakh to Rs 3,371.87 lakh (an addition of Rs 840.00 lakh).
Issued 20,60,79,171 convertible warrants at Rs 4.55 each, aggregating to Rs 93.76 crore.
Received Rs 23.44 crore upfront subscription money (25%), with the 75% balance payable upon warrant conversion.
Disclosed profile of Director Rachna Suman Shaw, who holds a 17.21% equity stake in the company.

💡 Track the 40th AGM proceedings on September 30, 2026, and monitor warrant conversion timelines along with the deployment of the Rs 23.44 crore upfront proceeds toward business operations.

LCC Infotech Calls AGM for Sept 30, 2026; Proposes Business Pivot to Salt and Agro Trading

🔵 WATCH ⭐ 7/10

EXPANSION 📅 08 Sep 2026, 06:48 PM

LCC Infotech has issued its 40th AGM notice scheduled for September 30, 2026, alongside its FY26 Annual Report. A key resolution proposes amending its Memorandum of Association (MoA) to pivot its business model from legacy IT training into salt manufacturing/refining and agro/food trading. Additionally, the company seeks approval for related party borrowings of up to Rs 500 lakh (Rs 5 crore) each from Managing Director Shreeram Bagla and Director Rachna Suman Shaw, representing a combined Rs 10 crore limit. Shareholders will also vote on appointing M/s Sarang Shivajirao Chavan and Associates as statutory auditors for a 5-year term through 2031.

AGM scheduled for September 30, 2026, via Video Conferencing
Proposed alteration of MoA object clause to enter salt manufacturing, processing, and agro-food trading
Approval sought for related party loans up to Rs 500.00 Lakhs each from Shreeram Bagla and Rachna Suman Shaw (Rs 10 Cr total limit)
Proposed appointment of M/s Sarang Shivajirao Chavan and Associates as Statutory Auditors for 5 years (until 2031 AGM)

💡 Track voting outcomes of the AGM on September 30, 2026, and watch for subsequent regulatory filings detailing concrete capital deployment or operational roadmaps for the new salt and agro business lines.

LCC Infotech Schedules 41st AGM for September 30, 2026; Appoints E-Voting Scrutinizer

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 08 Sep 2026, 06:16 PM

LCC Infotech Limited's Board of Directors met on September 8, 2026, and approved the Director's Report alongside the notice for its 41st Annual General Meeting (AGM). The AGM is scheduled for Wednesday, September 30, 2026, at 01:00 PM via Video Conference/Other Audio Visual Means. Additionally, M/s Nikhil Suchak & Associates has been appointed as the scrutinizer for the e-voting process. The filing is standard annual statutory compliance with no operational or financial surprises.

Board approved the Director's Report and notice calling the 41st Annual General Meeting (AGM)
AGM scheduled for September 30, 2026, at 01:00 PM through Video Conference / OAVM
Appointed M/s Nikhil Suchak & Associates, Practicing Company Secretary, as scrutinizer for e-voting
Board meeting commenced at 5:00 PM and concluded at 5:45 PM on September 8, 2026

💡 Track the upcoming AGM proceedings and subsequent disclosures for updates on the business turnaround strategy under the new management.

LCC Infotech Appoints New Auditor; Posts Q1 Net Loss of Rs 12.18 Lakh on Zero Revenue

🔴 NEGATIVE ⭐ 5/10

MANAGEMENT 📅 14 Aug 2026, 06:31 PM

LCC Infotech announced the resignation of its statutory auditor, M/s V Jalan & Co, citing preoccupation, and appointed M/s Sarang Shivajirao Chavan and Associates to fill the casual vacancy. For the quarter ended June 30, 2026, the company posted zero revenue from operations and a net loss of Rs 12.18 lakh compared to a net loss of Rs 14.54 lakh in Q1 FY26. Total expenses for the quarter stood at Rs 12.18 lakh, led by other expenses of Rs 11.52 lakh. The company also reported zero deviation in the utilisation of Rs 12,176 lakh raised via a preferential issue in March 2026.

Resignation of Statutory Auditor M/s V Jalan & Co accepted effective August 14, 2026, citing professional pre-occupation.
Appointment of M/s Sarang Shivajirao Chavan & Associates as Statutory Auditor until the ensuing General Meeting.
Revenue from operations was Rs 0.00 lakh for the quarter ended June 30, 2026, down from Rs 2.93 lakh in Q1 FY26.
Net loss for Q1 stood at Rs 12.18 lakh against a loss of Rs 14.54 lakh in the corresponding quarter of the previous year.
Reported zero deviation in the use of Rs 12,176.00 lakh raised through a preferential issue on March 7, 2026.

💡 Track shareholder approval for the new statutory auditor at the upcoming AGM and monitor deployment of preferential funds into revenue-generating operations.

LCC Infotech Reports Nil Revenue, ₹12.18 L Loss in Q1 FY27; Changes Statutory Auditor

🔴 NEGATIVE ⭐ 5/10

EARNINGS 📅 14 Aug 2026, 06:25 PM

LCC Infotech reported zero revenue from operations for the quarter ended June 30, 2026, down from ₹2.93 Lakhs in the corresponding quarter last year. Net loss for the quarter stood at ₹12.18 Lakhs compared to a loss of ₹14.54 Lakhs in Q1 FY26 and ₹28.36 Lakhs in Q4 FY26. The board approved the appointment of M/s Sarang Shivajirao Chavan and Associates as statutory auditor following the resignation of M/s V Jalan & Co. Furthermore, the company reported no deviation in the utilization of ₹121.76 Cr raised via preferential issue.

Revenue from operations was ₹0.00 Lakhs for the quarter ended June 30, 2026, compared to ₹2.93 Lakhs in Q1 FY26.
Net loss for Q1 FY27 stood at ₹12.18 Lakhs versus a loss of ₹14.54 Lakhs in the prior-year period.
Total expenses were ₹12.18 Lakhs, mainly comprising other expenses of ₹11.52 Lakhs and employee costs of ₹0.66 Lakhs.
Statutory auditor M/s V Jalan & Co resigned citing preoccupation; M/s Sarang Shivajirao Chavan and Associates appointed to fill casual vacancy.
Reported zero deviation in the utilisation of ₹12,176.00 Lakhs raised through preferential issue dated March 7, 2026.

💡 Track whether management can generate operational revenue in upcoming quarters and monitor the deployment of preferential issue proceeds into movie studio and working capital objects.

LCC Infotech Submits Routine Share Dematerialization Certificate for Q1 FY27

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 10 Jul 2026, 03:23 PM

LCC Infotech has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the period ended June 30, 2026. The filing confirms that share certificates received for dematerialization were processed, mutilated, and cancelled within the mandated 15-day timeline. This is a standard administrative procedure and does not impact the company's financial position. Given the company's negligible TTM revenue of Rs 0 Cr and significant TTM losses of Rs -38 Cr, this filing is purely procedural.

Compliance certificate issued for the quarter ended June 30, 2026
Confirmation that security certificates were processed and cancelled within 15 days
Registrar and Share Transfer Agent (RTA) S.K. Infosolutions Pvt Ltd confirmed the data on July 5, 2026
Company reported a net loss of Rs 35.72 Cr in the March 2024 quarter

💡 Investors should focus on the company's ability to generate revenue under its new management team rather than routine compliance filings. Monitor upcoming quarterly results for any signs of business turnaround from the current near-zero revenue base.

LCC Infotech Updates CIN Following Registered Office Shift to Gujarat

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 10 Jul 2026, 03:21 PM

LCC Infotech Limited has officially updated its Corporate Identification Number (CIN) to L90009GJ1985PLC180093. This change follows the regulatory approval to shift the company's registered office from West Bengal to Gujarat. The move is part of a broader transition under new management that took control in July 2024. Despite these administrative changes, the company remains in a precarious financial position with TTM revenue near zero and accumulated losses of ₹24.85 Cr.

New CIN L90009GJ1985PLC180093 assigned following the relocation to Gujarat.
Registered office shifted from West Bengal to Ahmedabad, Gujarat.
Company reported a negligible revenue of ₹0.01 Cr in the Dec 2024 quarter.
Accumulated losses stand at ₹24.85 Cr, highlighting significant financial distress.
Management transition continues following the July 24, 2024, Share Purchase Agreement.

💡 Investors should focus on the new management's ability to revitalize operations and generate meaningful revenue, as the current administrative changes do not address the underlying financial instability.

LCC Infotech Shifts Registered Office from West Bengal to Gujarat

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 27 Jun 2026, 03:19 PM

LCC Infotech Limited has officially moved its registered office from Kolkata, West Bengal, to Ahmedabad, Gujarat. This administrative shift follows a change in management control that occurred in July 2024 and received shareholder approval on February 2, 2026. The Regional Director (Eastern Region) cleared the move on May 29, 2026. The company remains in a precarious financial position with TTM revenue near zero and significant accumulated losses of ₹24.85 crore.

Registered office shifted from Kolkata to Ahmedabad, Gujarat, effective June 27, 2026
Shareholders approved the relocation on February 2, 2026
Regional Director (Eastern Region) issued the final order on May 29, 2026
Move follows the management transition involving new acquirers Shreeram Bagla and Rachna Suman Shaw

💡 Watch for any operational turnaround or new business contracts under the Gujarat-based management, as the company currently generates negligible revenue (₹3.03 Lakhs in H1 FY26).

View All LCCINFOTEC Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

The company operates primarily in the IT and training sector. Standalone revenue for H1 FY26 was INR 3.03 Lakhs, representing a 102% growth compared to INR 1.50 Lakhs in H1 FY25. However, Q2 FY26 revenue saw a sharp decline to INR 0.10 Lakhs from INR 2.93 Lakhs in Q1 FY26.

Geographic Revenue Split

Not disclosed in available documents, though operations are headquartered in Kolkata, West Bengal.

Profitability Margins

The company is currently loss-making. For H1 FY26, the total expenditure of INR 23.67 Lakhs significantly exceeded the total income of INR 3.03 Lakhs, resulting in a loss before tax of INR 20.63 Lakhs. The net loss for FY25 was INR 215.82 Lakhs.

EBITDA Margin

EBITDA remains negative as operating expenses (INR 23.67 Lakhs in H1 FY26) far outweigh revenue (INR 3.03 Lakhs). The operating cash flow before working capital changes for H1 FY26 was negative INR 16.17 Lakhs.

Credit Rating & Borrowing

Non-current borrowings increased significantly by 1,277% to INR 225.52 Lakhs as of September 30, 2025, compared to INR 16.37 Lakhs on March 31, 2025. Specific interest rates and credit ratings are not disclosed.

⚙️ Operational Drivers

Raw Materials

Not applicable as the company provides IT services and training. The primary operational cost is 'Other Expenses' which amounted to INR 16.58 Lakhs in H1 FY26 (70% of total expenditure).

Raw Material Costs

Not applicable; however, employee benefit expenses were INR 2.40 Lakhs in H1 FY26, accounting for 10.1% of total expenditure.

📈 Strategic Growth

Growth Strategy

The company is undergoing a management transition following a Share Purchase Agreement (SPA) dated July 24, 2024, where new acquirers Shreeram Bagla and Rachna Suman Shaw took control. The strategy involves focusing on upskilling and reskilling programs in emerging technologies like AI, IoT, and Cloud Computing to enhance job prospects for participants.

Products & Services

IT training programs, software development, hardware manufacturing, cloud computing, cybersecurity, and AI-based services.

Brand Portfolio

LCC Infotech.

New Products/Services

Focus on new training modules for Artificial Intelligence and Internet of Things (IoT) to adapt to changing job roles.

🌍 External Factors

Industry Trends

The IT industry is shifting toward AI, cloud computing, and cybersecurity. The company is positioning itself to capture this by offering training programs that help employees adapt to these new technologies, which are now crucial for business operations.

Competitive Landscape

The company faces intense competition from larger IT training institutes and online ed-tech platforms.

Competitive Moat

The company's moat is limited; it relies on its long-standing presence in the Kolkata region (established 1985) and its transition to new management to revitalize its service offerings.

Macro Economic Sensitivity

Highly sensitive to Indian economic developments and government regulations regarding education and IT tax regimes.

Consumer Behavior

Increasing preference for digital and remote learning is forcing a shift in how training services are delivered.

Geopolitical Risks

Global demand-supply conditions for IT services and changes in international trade relations could impact software development exports.

⚖️ Regulatory & Governance

Industry Regulations

Compliance with the Companies Act 2013 and SEBI (LODR) Regulations 2015. The company underwent a Secretarial Audit for the year ended March 31, 2025.

Taxation Policy Impact

Subject to Indian corporate tax laws and GST; tax expense for H1 FY26 was nil due to losses.

Legal Contingencies

The company notes potential impacts from litigation and labor negotiations in its cautionary statement, though specific pending case values are not detailed in the provided financial notes.

⚠️ Risk Analysis

Key Uncertainties

The primary uncertainty is the company's ability to achieve a turnaround under new management given the extremely low revenue base and significant accumulated losses of INR 24.85 Cr.

Geographic Concentration Risk

Operations appear concentrated in West Bengal, with the registered and corporate offices both located in Kolkata.

Third Party Dependencies

Dependency on the new promoters (Shreeram Bagla and Rachna Suman Shaw) to provide capital and strategic direction following the July 2024 acquisition.

Technology Obsolescence Risk

High risk of technology obsolescence in training modules if not updated to include AI and latest software frameworks.

Credit & Counterparty Risk

Trade receivables stood at INR 13.72 Lakhs as of September 30, 2025, which is high relative to the H1 revenue of INR 3.03 Lakhs, suggesting potential collection delays.