LCC Projects Limited (LCCPROJECT)
Snapshot
LCC Projects Limited closed at ₹133.13 on 2 Nov 2026. Data as of 2 Nov 2026.
Price
- Market Cap
- ₹3,856 Cr
OwnershipSep 2026
- Promoters
- 89.90%
- FIIs
- 2.32%
- DIIs
- 2.19%
Shareholding for the quarter ended September 2026; changes in percentage points.
Exchange activity2 Nov 2026
- Delivery
- 22.5% vs 34.5% average
- Volume vs its average
- 0.3×
- Bulk & block deals
- 2 in 60 days
Events
- Latest results
- Q2 FY27, filed 30 Oct 2026
- Board meeting filing
- 30 Oct 2026
Exchange data. Each figure as its own page shows it; the dates are the data's. Information only, not investment advice.
📈 Share price & events
Q2 FY27 results
LCC Projects Limited reported Q2 FY27 results on 30 Oct 2026: revenue ₹886 Cr, and net profit ₹77.0 Cr; the operating margin was 15.5%.
| Q2 FY27 (₹ Cr) | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹886 | — | +10.4% |
| Operating profit | ₹137 | — | +14.6% |
| Net profit | ₹77.0 | — | +17.0% |
| EPS (₹) | 2.57 | — | +9.8% |
| Operating margin | 15.5% | — | — |
Quality of profit: of pre-tax profit of ₹102 Cr, ₹96.3 Cr (94%) came from the core business and the rest from other income and one-off items.
Share price since the results: +4.2% (close before the filing to the latest close).
LCCPROJECT delivery percentage and bulk deals
NSE end-of-day data for
On Mon, 2 Nov 2026, 22.5% of the LCCPROJECT shares traded on NSE were taken to delivery, against the stock's own 20-session average of 34.5%. That is close to its usual level. Volume was 0.3 times its average, well below normal. 2 bulk or block deals were reported in LCCPROJECT in the last 60 days: ₹55 Cr bought, none sold.
Delivery in the last 5 sessions: 26.0% · 36.1% · 39.0% · 24.6% · 22.5%
| Date | Side | Counterparty | Value | Price | Quantity | Type |
|---|---|---|---|---|---|---|
| 15 Oct | Buy | Neomile Corporate Advisory Limited | ₹31.12 Cr | ₹135.01 | 2,305,000 | Bulk |
| 15 Oct | Buy | Kirtan Maneklal Rupareliya | ₹23.99 Cr | ₹134.99 | 1,777,504 | Bulk |
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 Projects Limited has received a Letter of Intent (LOI) valued at ₹703.00 Crore (excluding GST) from Gujarat Water Supply and Sewerage Board (GWSSB). The project entails EPC works for water supply infrastructure based on the Bhadbhut Barrage across Bharuch and Vadodara districts, alongside 10 years of comprehensive operations and maintenance. With Jun 2026 quarterly revenue at ₹802.59 Crore, this single order represents nearly an entire quarter's revenue. The contract is scheduled to be completed within 18 months, which includes a 3-month trial run.
- LOI received for an order valued at ₹703.00 Crore (exclusive of GST)
- Awarded by Gujarat Water Supply and Sewerage Board (GWSSB) for EPC water supply works
- Execution period is 18 months, which includes 3 months of trial and run
- Scope includes 10 years of comprehensive Operation & Maintenance (O&M)
- Significant size relative to recent revenue run-rate (Jun 2026 revenue: ₹802.59 Crore)
LCC Projects reported a 34% YoY increase in consolidated revenue from operations for Q2 FY27 to ₹8,857 mn, compared to ₹6,613 mn in Q2 FY26. Consolidated PAT grew 58% YoY to ₹770 mn, driven by operating margin expansion to 15.5% (up 130 bps YoY). The company closed H1 FY27 with an order book of ₹81,540 mn and secured new orders worth ₹16,413 mn during the first half. Gross debt stood at ₹8,845 mn with a gross debt-to-equity ratio of 0.70x as of September 30, 2026.
- Q2 FY27 revenue rose 34% YoY to ₹8,857 mn compared to ₹6,613 mn in Q2 FY26
- Q2 EBITDA increased 46% YoY to ₹1,369 mn with EBITDA margin expanding to 15.5% vs 14.2%
- PAT surged 58% YoY to ₹770 mn, with PAT margin rising to 8.6% vs 7.3%
- Robust order book of ₹81,540 mn as of September 30, 2026 (75% public sector, 25% private sector)
- H1 FY27 order inflows stood at ₹16,413 mn; Gross Debt-to-Equity maintained at 0.70x
LCC Projects Limited announced that its Board of Directors approved the un-audited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The meeting commenced at 04:00 PM IST and concluded at 06:00 PM IST on October 30, 2026. Detailed quantitative tables and the Limited Review Report were enclosed in the filing as Annexure - A, though the primary cover letter does not state the top-line or bottom-line figures.
- Board approved Un-audited Standalone and Consolidated financial results for the period ended September 30, 2026
- Board meeting commenced at 04:00 PM IST and concluded at 06:00 PM IST on October 30, 2026
- Results approved alongside the Limited Review Report pursuant to Regulation 30 of SEBI LODR
LCC Projects Limited has secured an Acceptance of Tender (AOT) worth ₹151.57 crore (excluding GST) from the Executive Engineer, Sauni Yojana Division, Rajkot, Government of Gujarat. The contract involves EPC work for supplying water from Machhu-I Dam to Triveni Thanga Reservoir and nearby villages, followed by 10 years of Operation and Maintenance (O&M). The execution period for construction is 24 months. For context, the ₹151.57 crore order represents approximately 18.9% of LCC's Q1 FY27 (Jun 2026) revenue of ₹802.59 crore.
- Received Acceptance of Tender (AOT) valued at ₹151.57 crore (excluding GST)
- Contract awarded by Executive Engineer, Sauni Yojana Division, Rajkot, Government of Gujarat
- Scope comprises EPC execution with a 24-month construction timeline
- Includes a long-term Operation and Maintenance (O&M) period of 10 years post-commissioning
LCC Projects Limited has received a Letter of Commitment (LOC) from Reliance Industries Limited for civil works of a 400kV Load Pooling GIS Substation at Jamnagar, Gujarat, under the Kutch RE Project - Z2. The total estimated basic order value is ₹62.32 Crore (exclusive of GST at 18%). The project is scheduled to be completed within 9 months from the date of the LOC (October 9, 2026). Compared to the company's Q1 FY27 (June 2026) quarterly revenue of ₹802.59 Crore, this order represents approximately 7.8% of a single quarter's top-line.
- Basic order value of ₹62.32 Crore plus 18% GST extra
- Awarded by Reliance Industries Limited for civil works at Jamnagar, Gujarat
- Scope covers 400kV Load Pooling GIS Substation under Kutch RE Project - Z2
- Execution timeline set at 9 months from October 9, 2026
- No promoter interest or related-party transaction involved
LCC Projects released its Q1 FY27 investor presentation, reporting consolidated revenue from operations of ₹8,026 million (₹802.6 crore), a 15% YoY decline compared to ₹9,455 million in Q1 FY26. Consolidated PAT fell 16% YoY to ₹658 million (₹65.8 crore) due to supply-chain disruptions and temporary labor shortages during elections. Despite quarterly operational hurdles, the order book expanded to ₹83,878 million (~₹8,388 crore) as of June 30, 2026, alongside an L1 pipeline of ₹17,673 million. YTD FY27 order intake stood strong at ₹22,291 million, providing revenue visibility of over 2.3x FY26 sales.
- Q1 FY27 revenue declined 15% YoY to ₹8,026 mn, while PAT dropped 16% YoY to ₹658 mn
- EBITDA margins expanded to 14.9% in Q1 FY27 compared to 13.5% in Q1 FY26
- Total order book reached ₹83,878 mn as of June 30, 2026, up from ₹79,532 mn as of March 31, 2026
- Secured ₹22,291 mn in YTD FY27 orders with an additional L1 position of ₹17,673 mn
- Net debt-to-equity ratio improved to 0.97x at FY26-end versus 1.23x in FY25
LCC Projects reported its standalone financial results for Q1 ended June 30, 2026, posting revenue from operations of ₹778.02 crore (₹7,780.17 million), down 14.3% YoY from ₹907.94 crore in Q1 FY26. Standalone profit after tax stood at ₹61.09 crore (₹610.87 million), reflecting an 18.6% YoY decline compared to ₹75.06 crore in the corresponding period last year. Consolidated revenue from operations was reported at ₹802.59 crore (₹8,025.90 million). Additionally, the board approved incorporating a new subsidiary, LCC Hinglaj Industrial Solutions Private Limited, with at least a 51% stake to engage in concrete mold manufacturing and fabrication work.
- Standalone Q1 revenue from operations dropped 14.3% YoY to ₹7,780.17 million (₹778.02 crore)
- Standalone Q1 PAT fell 18.6% YoY to ₹610.87 million (₹61.09 crore)
- Consolidated revenue from operations came in at ₹8,025.90 million with segment results of ₹1,194.94 million
- Board approved incorporating a new subsidiary, LCC Hinglaj Industrial Solutions, holding at least 51.00% equity at ₹10 face value
LCC Projects Limited has received two Letters of Commitment (LOC) from Reliance Industries Limited with a cumulative basic order value of ₹70.35 Crore (exclusive of GST). The first contract is valued at ₹58.53 Crore for civil works of a 400kV Main Pooling GIS Substation with a 9-month execution timeframe. The second contract is worth ₹11.82 Crore for civil works of a 400kV Mobile GIS 1 Substation to be completed in 4 months. Both projects are located in Kutch, Gujarat, under the Kutch RE Project - Z2.
- Received 2 Letters of Commitment totaling ₹70.35 Crore from Reliance Industries Limited
- Order 1 valued at ₹58.53 Crore for 400kV Main Pooling GIS Substation with 9 months execution period
- Order 2 valued at ₹11.82 Crore for 400kV Mobile GIS 1 Substation with 4 months execution period
- Mobilization timelines set at 15 days for the main pooling substation and 10 days for the mobile substation
LCC Projects Limited has emerged as the lowest (L-1) bidder for an EPC single responsibility turnkey irrigation project in Rajasthan valued at ₹653.34 crore (including GST). The contract is awarded by the Chief Engineer, Water Resources Zone, Kota (Raj.) for the Chhoti Kalisindh Medium Irrigation Project. The project execution period is set for 36 months from the effective date. The order does not involve any promoter or related party interest.
- Emerged as L-1 bidder for a project valued at ₹653.34 crore (including GST)
- Contract awarded by Chief Engineer Water Resources Zone, Kota (Rajasthan)
- Project execution timeline specified as 36 months from the Effective Date
- Scope includes construction of irrigation project based on sprinkler with solar system on turnkey EPC basis
LCC Projects Limited has announced the closure of its trading window effective September 17, 2026, in compliance with SEBI Insider Trading Regulations. The restriction applies to designated persons and their immediate relatives until 48 hours after the declaration of financial results for the quarter ended June 30, 2026. The specific date for the board meeting to review and approve these quarterly results will be communicated separately.
- Trading window closed effective Thursday, September 17, 2026
- Closure pertains to unaudited financial results for the quarter ended June 30, 2026
- Window to reopen 48 hours post declaration of the financial results
LCC Projects Limited has submitted a regulatory disclosure under Regulation 30(5) of the SEBI LODR Regulations, 2015. The company authorized four Key Managerial Personnel (KMPs) to determine the materiality of events or information and disclose them to stock exchanges. The designated personnel include Chairman and MD Mr. Arjan S. Rabari, MD Mr. Laljibhai A. Ahir, CFO Ms. Artiba N. Jadeja, and Company Secretary Ms. Gayatri Desai. This is a standard corporate governance compliance filing with no financial impact.
- 4 Key Managerial Personnel authorized for materiality determination under Regulation 30(5)
- Authorized KMPs include CMD Arjan S. Rabari and MD Laljibhai A. Ahir
- Also authorized are CFO Artiba N. Jadeja and CS Gayatri Desai
- Filing submitted on September 17, 2026 under scrip symbol LCCPROJECT
LCC Projects Limited has submitted its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) under Regulation 8(2) of the SEBI PIT Regulations, 2015. The policy regulates trading by Designated Persons, defines contra-trades within a 6-month window, and establishes guidelines for legitimate sharing of UPSI. This is a purely regulatory compliance submission with no impact on business operations, financials, or guidance.
- Submitted under Regulation 8(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015
- Restricts Contra Trades involving opposite transactions within 6 months
- Designated persons leaving the company remain restricted for a period of 6 months
- Defines material financial relationship as payment equivalent to at least 25% of annual income
Company profile
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