LCC Projects share price, P/E, ROE & financials

LCC Projects (LCCPROJECT) had a P/E of 13.1× on 6 Nov 2026, below the industry P/E of 13.5×, and the shares are 29% below their 52-week high. Sales and net profit grew 43% and 61% a year over 3 years, with ROCE of 45% and ROE of 38%. Debt is 0.69× equity. It is a small-cap company with a market cap of ₹3,904 Cr, ranked 2nd of 17 Infrastructure Operations companies by market cap; the shares fell 21% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹134.45
Day high: ₹138.00
Day low: ₹131.01
Prev. close: ₹134.45
Volume: 2.4 L

Health check

3 good · 3 fair

ReturnsIn line
−20.8% over a year, better than 3 of 7 peers.
Price tagIn line
P/E 13.1 vs industry 13.5.
GrowthStrong
Sales +43.1%, profit +60.7% a year over 3 years.
ProfitabilityStrong
ROCE 45.2% vs peer median 22.9%.
Balance sheetFair
Debt 0.69× equity, interest covered 5.8×, Piotroski 6 of 9.
Red flagsNone found
No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Infrastructure Operations

16 listed peers. Screen the industry

Small cap

₹3,904 Cr, #2 of 17 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Sep 2026: sales ₹3,682 Cr · profit ₹298 Cr

Market cap: ₹3,904 Cr; Small cap
P/E: 13.1; Industry 13.5
Price to book: 3.08; Peers 1.79
Dividend yield: 0.00%
ROE: 38.0%; Peers 18.8%
ROCE: 45.2%; Peers 22.9%
Debt to equity: 0.69; Debt ₹885 Cr
EPS (TTM): ₹10.30; Face value ₹5
OPM (TTM): 14.5%; Net margin 8.1%
Sales growth: +33.9%; Latest quarter vs a year ago
Profit growth: +60.2%; Latest quarter vs a year ago
Price to sales: 1.06; EV/EBITDA 8.3

Strengths

Return on equity of 38.0%.
Return on capital employed of 45.2%.
Quarterly profit up 60.2% on a year ago.
Quarterly sales up 33.9% on a year ago.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About LCC Projects

LCC Projects Limited operates as an engineering, procurement, and construction company in India. It engages in the construction of dams, barrages, weirs, hydraulic structures, canals, pipe distribution networks, lift irrigation works, water treatment and supply, metro rails, industrial buildings, road works, building works, mining, and other infrastructure development projects, as well as renewable energy and coal extraction projects. The company is also…

Headquarters: Ahmedabad
Employees: 2,093
Sector: Industrials
ISIN: INE1FPN01026
Website: lccprojects.com

Price range

52 weeks

₹117.12₹189.00

Today

₹131.01₹138.00

Avg volume (3M): 21.2 L
1-year return: minus 20.8%
From 52-week high: minus 28.7%

Peers · Infrastructure Operations

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
IRBIRB Infrastructure Developers	17.02	minus 0.93%	20,557	19.1	13.5	5.8%	43.7%	0.94	−0.4%	minus 23.1%
LCCPROJECTLCC Projects	134.78	plus 0.25%	3,904	13.1	9.0	45.2%	14.0%	0.69	43.1%	minus 20.8%
TECHNOCRAFTechnocraft Ventures	510.30	plus 0.95%	2,021	45.2	29.6	35.1%	18.9%	0.55	24.6%	plus 64.0%
BFUTILITIEBF Utilities	440.75	minus 3.56%	1,660	12.1	2.9	26.4%	66.5%	–	7.7%	minus 35.7%
HILINFRAHighway Infrastructure	72.05	plus 0.53%	517	19.4	19.6	19.4%	2.3%	0.45	10.1%	minus 7.2%
MARKOLINESMarkolines Pavement Technologies	164.28	minus 4.67%	365	13.5	7.4	–	10.2%	0.43	9.2%	plus 4.3%
ATLANTAAATLANTAA	35.16	minus 4.84%	287	–	12.4	3.0%	41.3%	1.48	13.0%	minus 20.5%
ANNUAnnu Projects	38.20	minus 3.46%	250	7.6	5.7	28.8%	15.4%	0.34	22.9%	minus 49.5%
Median of 7 peers	–	−3.46%	517	16.3	12.4	22.9%	18.9%	0.50	10.1%	−20.5%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Jun 26	Sep 26
946	661	803	886
–	–	minus 15.1%	+33.9%
818	568	683	749
128	93.8	119	137
13.5%	14.2%	14.9%	15.5%
3.5	7.8	8	6.2
19.6	19.6	24.5	27.9
8.1	16	11.2	12.8
103	66.1	91.8	102
24.7%	26.5%	28.3%	24.9%
76.8	46.4	63.7	74.4
–	–	minus 17.0%	+60.2%
2.65	1.60	2.20	2.57

Dec 25, Mar 26 not reported by the data source.

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +43.1%
Profit CAGR 3Y: +60.7%
EPS CAGR 3Y: +60.7%
ROE: 38.0%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
1,224	2,430	2,909	3,587
–	+98.6%	+19.7%	+23.3%
1,103	2,165	2,532	3,107
121	265	377	481
9.9%	10.9%	13.0%	13.4%
−11.1	2.4	2.4	11.9
12.8	39.5	56.5	79.3
7.1	19.1	27.4	45.4
1.5	−36.4	−1.9	10.4
91.8	172	294	378
25.7%	29.2%	23.8%	24.3%
68.2	122	222	283
–	+78.5%	+82.6%	+27.4%
2.35	4.20	7.68	9.78

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
34	34	136	136
227	349	469	752
289	422	747	861
253	326	376	698
804	1,130	1,727	2,448
85.2	134	182	181
0.3	–	33.8	1.1
86.8	76.3	39	59.1
64.5	131	312	461
567	789	1,161	1,746
804	1,130	1,727	2,448

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−48.8	29.4	23.6	158
−93	−129	−195	−107
143	83.5	252	17.7
1.6	−16.7	81	69.3
−38.6	−68.8	−76.5	−47.6
−87.4	−39.4	−52.9	111

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 0.1% (Yahoo estimate).

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you