Lcc Projects Limited · NSE:LCCPROJECT
Lcc Projects — Q2 FY27 Earnings Presentation
31 slides from Lcc Projects's earnings presentation, Oct 30, 2026
Slide 1: Filing cover letter to BSE and NSE
Date: October 30, 2026 BSE Limited National Stock Exchange of India Limited PJ Towers, Floor 25, Exchange Plaza Dalal Street, Bandra Kurla Complex Mumbai — 400001 Bandra (East), Mumbai – 400 051 BSE Code: 544918 Symbol: LCCPROJECT Sub.: Investor Presentation for Unaudited Standalone and Consolidated
Slide 2: LCC Projects Limited Investor Presentation Q2 & H1FY27
LCC Projects Limited Investor Presentation Q2 & H1FY27
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by LCC Projects Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securitie
Slide 4: Key Highlights
01 Key Highlights 3
Slide 5: Key Company Updates
Key Company Updates Key Operational Highlights: • Achieved robust 34% year-on-year growth in execution during Q2 FY27, despite seasonal disruptions caused by the monsoon • Delivered healthy 58% PAT growth, reflecting the effectiveness of our disciplined project selection and execution strategy • Wor
Slide 6: Q2 & H1FY27 Performance Updates
Q2 & H1FY27 Performance Updates Quarter Half Year Revenue from Operations EBIDTA (₹ Mn) & EBIT (₹ Mn) & PAT (₹ Mn) & (₹ Mn) EBIDTA margin (%) EBIT margin (%) PAT margin (%) 5
Slide 7: Key Financial Highlights (Consolidated)
Key Financial Highlights (Consolidated) Particulars (₹ In Mn) Q2FY27 Q2FY26 Y-o-Y Q1FY27 H1FY27 H1FY26 Y-o-Y FY26 Revenue from Operations 8,857 6,613 34% 8,026 16,883 16,068 5% 36,003 Other Income 61 78 78 140 113 392 Total Income 8,919 6,691 33% 8,104 17,023 16,181 5% 36,395 Construction Expenses (
Slide 8: Balance Sheet (Consolidated)
Balance Sheet (Consolidated) ASSETS (₹ In Mn) Sep'26 Mar'26 Mar'25 EQUITY & LIABILITIES (₹ In Mn) Sep'26 Mar'26 Mar'25 NON-CURRENT ASSETS 3,439 3,534 3,259 TOTAL EQUITY 12,762 8,932 6,068 Property, plant & equipment 1,820 1,795 1,484 Equity Share capital 1,448 1,360 1,360 Capital work-in-progress 4
Slide 9: Cash Flow (Consolidated)
Cash Flow (Consolidated) Particulars (₹ In Mn) H1FY27 FY26 FY 25 Profit Before Tax 1,942 3,784 2,935 Adjustments 688 1,034 876 Operating profit before working capital changes 2,630 4,817 3,811 Changes in working capital (3,402) (2,370) (2,761) Cash generated from operations (772) 2,447 1,049 Direct
Slide 10: Company Overview
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Slide 11: A Multidisciplinary EPC Company in Irrigation and Water Supply Segment
A Multidisciplinary EPC Company in Irrigation and Water Supply Segment Multidisciplinary large corporate EPC company from Gujarat LCC has executed wide range of projects which includes construction of Key Financial Highlights1 1 2 3 4 Hydraulic ₹ 36,003 Mn Dams Barrages Canals Revenue Structures 200
Slide 12: LCC Projects Key Milestones
LCC Projects Key Milestones Crossed ₹ 10,000 million in turnover. Secured first back- Achieved turnover Expanded reach to to-back work order Chhattisgarh. Successful Listing milestone of over exceeding ₹506 Received first on NSE & BSE ₹5,000 million million project of road work 2004 2011 2016 2018 2
Slide 13: Key Strengths
Key Strengths Experienced management team and Multidisciplinary EPC company in India qualified personnel with significant for irrigation and water supply projects industry experience 6 1 Strong Order book and Efficient business model 5 2 diversified project portfolio 4 3 Strong risk management, proj
Slide 14: Multidisciplinary EPC Company in India for Irrigation and Water Supply Projects
1 Multidisciplinary EPC Company in India for Irrigation and Water Supply Projects Key Highlights Focused presence in Irrigation and water supply projects Revenue from Irrigation & Water supply projects Revenue from Other Projects* Total Revenue (₹ Mn) Company is focused on complex projects and have
Slide 15: Strong Order Book and Diversified Project Portfolio
2 Strong Order Book and Diversified Project Portfolio Consistent Order Book Growth Diversified Customer Base and Business Verticals (₹ Mn) Geographical split of Revenue Other Private 81,540 78,822 79,532 Projects* customers 6.6% 6.0% 12.2% 14.4% 22.1% 24.6% 8.1% 7.9% 1.4% 8.3% 5.1% 10.2% 8.5% 62,690
Slide 16: In-house Project Designing Capabilities with Robust Technical Knowledge
3 In-house Project Designing Capabilities with Robust Technical Knowledge Integrated Project Delivery Robust Design & Engineering Team Pre-Bid and Tender Expertise Advanced Technology Adoption • Complete in-house expertise from • ~700 qualified engineering & technical • Comprehensive Site assessment
Slide 17: Strong risk management, project selection and dispute resolution processes
4 Strong risk management, project selection and dispute resolution processes • Focus on projects with potential for steady cash flows and milestone-based payment. Strategic Project 1 • Preference for contracts with escalation clauses to reduce cost overrun risks Selection • Diversified Order book al
Slide 18: Efficient Business Model
5 Efficient Business Model Efficient Business Model and Optimum Planning Strong Financial Metrics Our growth is attributable to our efficient business model with careful project identification and cost optimisation through optimum planning. 27.6% 27.6% 27.2% Dedicated Tender and Business Development
Slide 19: Guided By an Experienced Board of Directors
6 Guided By an Experienced Board of Directors… Arjan Suja Rabari Laljibhai Arjanbhai Ahir Maya Arjan Rabari Chairman and Managing Director Managing Director Non-Executive Director • 28+ years of experience in civil engineering, infrastructure & • 16+ years of experience in business, financial & oper
Slide 20: As Well as Management Team
6 …As well as Management Team Gayatri Desai Artiba Narpatsinh Jadeja Manharbhai Kurjibhai Jadav G. Radhakrishna Murthy Shivalingaiah Lingegowda Company Secretary and Chief Financial Officer Vice President Vice President - Technical Senior General Manager – Projects Compliance Officer • 6 years of ex
Slide 21: Building India's Future: Infrastructure Growth Driven by Irrigation & Water Security
Building India’s Future: Infrastructure Growth Driven by Irrigation & Water Security Key Highlights* Massive Infrastructure Investment: Focus on Irrigation & Water Management: Boost to Agricultural Productivity: India needs over $2.2 trillion in infrastructure investment to Significant NIP allocatio
Slide 22: Strategic Blueprint: Driving Future Growth
Strategic Blueprint: Driving Future Growth All the right ingredients to attract strong interest and appetite from a wide universe of Investors • Projects in 12 states with planned expansion in Bihar, and Goa. Expanding • Diversifying projects to reduce risk and drive nationwide growth. Geographical
Slide 23: Notable Projects by LCC (1/2)
Notable Projects by LCC (1/2) Siddhi Bansagar Project, Madhya Bishrampur Mining Project, Utility Tunnel Work Project, GIFT City Gandhi Sagar Project, Madhya Pradesh Chhattisgarh Gujarat Pradesh Year of commencement 2023 2023 2022 2022 Year of completion/ expected year of completion 2027 2030 2023 20
Slide 24: Notable Projects by LCC (2/2)
Notable Projects by LCC (1/2) Paldi Station Metro Rail Project, Harabhangi Project, Odisha Gurukunj Project, Maharashtra GL 01 Project, Rajasthan Gujarat Year of commencement 2020 2020 2019 2017 Year of completion/ expected year of completion 2023 2022 2022 2022 Original contract value (in ₹ million
Slide 25: Historical Financials
03 Historical Financials
Slide 26: Consolidated Profit & Loss
Consolidated Profit & Loss Particulars (₹ In Mn) FY26 FY25 FY24 CAGR Revenue from Operations 36,003 29,183 24,389 21.5% Other Income 392 227 109 Total Income 36,395 29,410 24,498 Cost of Material Consumed (Incl. Construction Expenses) 29,470 23,993 20,697 Employee Expenses 1,312 1,099 794 Other Expe
Slide 27: Consolidated Balance Sheet
Consolidated Balance Sheet ASSETS (₹ In Mn) Mar'26 Mar'25 Mar'24 EQUITY & LIABILITIES (₹ In Mn) Mar'26 Mar'25 Mar'24 NON-CURRENT ASSETS 3,534 3,259 2,816 TOTAL EQUITY 8,932 6,068 3,834 Property, plant & equipment 1,795 1,484 1,338 Equity Share capital 1,360 1,360 340 Capital work-in-progress - 338 -
Slide 28: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Particulars (₹ In Mn) FY26 FY 25 FY 24 Profit for the year 3,784 2,935 1,724 Adjustments 1,034 876 582 Operating profit before working capital changes 4,817 3,811 2,306 Changes in working capital (2,370) (2,761) (1,536) Cash generated from operations 2,447 1,049 771
Slide 29: Financial Performance (1/2)
Financial Performance (1/2) Revenue from operations (₹ Mn) EBITDA (₹ Mn) & EBITDA margin (%) 10.9% 13.0% 13.4% 15.2% 36,003 29,183 4,817 24,389 3,782 16,883 2,660 2,564 FY24 FY25 FY26 H1FY27 FY24 FY25 FY26 H1FY27 PAT (₹ Mn) & PAT margin (%) RoE (%) 5.0% 7.7% 7.9% 8.4% 37.0% 2,864 31.9% 32.3% 2,236 2
Slide 30: Financial Performance (2/2)
Financial Performance (2/2) Net Worth (₹ Mn) Total Debt (₹ Mn) 12,672 8,607 8,845 7,468 8,884 6,050 4,216 3,828 FY24 FY25 FY26 H1FY27 FY24 FY25 FY26 H1FY27 Total Debt to Equity (times) RoCE (%) 27.6% 27.6% 27.2% 1.23 1.10 23.8% 0.97 0.70 FY24 FY25 FY26 H1FY27 FY24 FY25 FY26 H1FY27 ^ During H1 FY27,
Slide 31: Thank You
Thank You LCC Projects Limited Marathon Capital Advisory Pvt. Ltd B/S, GTPL House, LCC Corporate Rahul Porwal / Amit Porwal House, Sindhu Bhavan Marg, [email protected] / Bodakdev, Ahmedabad, [email protected] Gujarat- 380054 +91 9967576900 / +91 9819773905 Email: [email protected] www