LCC Projects Limited has released its Investor Presentation for the quarter and half-year ended September 30, 2026. The presentation showcases robust performance, including a 34% year-on-year growth in execution during Q2 FY27 and a 58% PAT growth. Key highlights also include a strong order book of ₹81,540 million and strategic plans for geographical expansion and project diversification.
LCC Projects Limited: Q2 & H1FY27 Performance Update
LCC Projects Limited has submitted an investor presentation outlining its financial and operational performance for the second quarter (Q2) and the first half (H1) of the financial year 2027 (FY27), ending on September 30, 2026. This disclosure adheres to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Operational Highlights
The company reported significant operational achievements, including a robust 34% year-on-year growth in execution during Q2 FY27, despite seasonal monsoon disruptions. Profit After Tax (PAT) saw a healthy 58% growth, attributed to effective project selection and execution strategies. Working capital days improved to 40 days as of September 30, 2026, from 45 days at the end of FY26, indicating enhanced working capital management and operational efficiency. Furthermore, the company maintains strong headroom in non-fund based limits, with over 35% unutilised capacity, positioning it well for larger projects and emerging opportunities.
Order Book and Pipeline Growth
LCC Projects Limited’s order book stood strong at ₹81,540 million as of September 30, 2026, marking a steady growth from ₹79,532 million on March 31, 2026. During H1 FY27, the company booked orders worth ₹16,413 million. A robust ‘L1’ position for projects valued at ₹15,828 million as of September 30, 2026, further solidifies the company’s future project pipeline. This strong order book and project visibility are expected to drive sustainable long-term growth.
Financial Performance Overview
The presentation includes consolidated financial highlights. Revenue from operations for Q2 FY27 reached ₹8,857 million, a 34% increase from ₹6,613 million in Q2 FY26. EBITDA for Q2 FY27 was ₹1,369 million, with a margin of 15.5%, up from ₹938 million and 14.2% margin in Q2 FY26. Profit After Tax (PAT) for Q2 FY27 stood at ₹770 million, a 58% jump from ₹486 million in Q2 FY26, with PAT margin improving to 8.6% from 7.3%.
For the half-year ended H1 FY27, Revenue from Operations was ₹16,883 million, compared to ₹16,068 million in H1 FY26. EBITDA for H1 FY27 was ₹2,564 million (15.2% margin), against ₹2,215 million (13.8% margin) in H1 FY26. PAT for H1 FY27 was ₹1,427 million, up from ₹1,264 million in H1 FY26, with PAT margin at 8.4% compared to 7.8%.
Balance Sheet and Cash Flow Insights
The consolidated balance sheet as of September 30, 2026, shows total assets of ₹29,056 million and total equity and liabilities of ₹29,056 million. Key figures include non-current assets of ₹3,439 million and current assets of ₹25,616 million. Total equity stood at ₹12,762 million.
The consolidated cash flow statement for H1 FY27 indicates Net Cash from Operating Activities of (₹1,160 million). Net Cash Generated from Financing Activities was ₹2,180 million, contributing to a Net Change in cash and cash equivalents of ₹663 million, resulting in a closing cash balance of ₹2,384 million.
Strategic Vision and Future Outlook
The company’s strategic blueprint focuses on expanding its geographical footprint across 12 states with planned expansion into Bihar and Goa, alongside diversifying its project mix into areas such as renewable energy, mining, and waste-water management. Enhancing technology infrastructure, efficient cost management, and strengthening its skilled workforce are also key priorities. LCC Projects aims to attract strong investor interest through these strategic initiatives and its strong track record in irrigation and water supply projects.
Source: BSE
