LCC Projects Q2 FY27 Revenue Up 34% to ₹886 Cr, PAT Jumps 58% to ₹77 Cr
LCC Projects reported a 34% YoY revenue growth to ₹886 crore and a 58% PAT increase to ₹77 crore for Q2 FY27. EBITDA margins expanded to 15.5%. The order book stands at ₹8,154 crore, with ₹1,641 crore in new orders secured in H1 FY27. Management targets 20%+ annual revenue growth and aims to maintain EBITDA margins between 14-15%.
The significant growth in key financial metrics like revenue and profit, coupled with a robust order book and positive future outlook, is expected to have a material positive impact on the company's stock.
The company reported strong year-on-year growth in revenue, EBITDA, and PAT, along with an expanding order book and improved margins, indicating positive financial performance and future prospects.
LCC Projects Limited reported a strong Q2 FY27 performance with revenue from operations increasing by 34% year-on-year to ₹886 crore, compared to ₹661 crore in Q2 FY26. EBITDA grew by 46% to ₹137 crore, with margins expanding to 15.5% from 14.2%. Profit After Tax (PAT) saw a significant jump of 58% to ₹77 crore, up from ₹49 crore in the prior year, with PAT margins improving to 8.6% from 7.3%.
For the half-yearly period (H1 FY27), revenue stood at ₹1,688 crore, with EBITDA at ₹256 crore and a margin of 15.2%. PAT for H1 FY27 was ₹143 crore, with margins at 8.4%. The company highlighted a revenue CAGR of 21% from FY24 to FY26, with EBITDA margins improving from 10.9% to 15.2% in H1 FY27.
The order book remained robust at ₹8,154 crore as of September 30, 2026, an increase from ₹7,953 crore at the end of March 2026. During H1 FY27, the company secured new orders worth ₹1,641 crore and is currently L1 in projects aggregating ₹1,583 crore. The order book to revenue ratio stands at 2.21x, providing over two years of revenue visibility. Key projects under execution include Sondwa Lift Irrigation (₹1,395 crore), Sidhi Bansagar Project (₹1,400 crore), Gandhi Sagar Project (₹1,049 crore), and Bishrampur Mining Project.
The company reiterated its focus on the water infrastructure sector, which constitutes 80% of its revenue, with plans to maintain this focus going forward. The remaining 20% will be in other sectors like metro, mining, railway, and solar. Management expects to maintain EBITDA margins between 14%-15% and targets revenue growth of 20% or more annually. The company aims for an order book of ₹10,000 crore by the end of the financial year, with an inflow target of approximately ₹6,000 crore for the full year.
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LCC Projects Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by LCC Projects Limited. Read the original for the full detail.