LCC Projects

LCC Projects received an acceptance of tender from the Executive Engineer, Sauni Yojana Division, Rajkot, Government of Gujarat for an EPC contract to supply water from Machhu-I Dam to Triveni Thanga Reservoir and villages in Wankaner and Chotila talukas. The contract was valued at Rs 151.57 crore excluding GST and included operation and maintenance of the commissioned project for 10 years. The construction period was 24 months, with a formal agreement to be executed under the tender conditions. The company earned revenue of Rs 36,003 million in FY26, with irrigation and water projects accounting for 87.4% of the total. Its order book stood at Rs 79,532 million in March 2026, with irrigation work forming 83.3% of the book. Government departments accounted for 79.1% of its 103 projects by count.

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Oct 9 (Reuters) - LCC Projects Ltd LCCP.NS:

• LCC PROJECTS - RECEIVES LETTER OF COMMITMENT FROM RELIANCE INDUSTRIES

• LCC PROJECTS - AWARDED CIVIL WORKS FOR 400KV GIS SUBSTATION AT JAMNAGAR VALUED AT 623.2 MILLION RUPEES

Source text: ID:nBSE1Bt17Q

Further company coverage: LCCP.NS

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** Shares of LCC Projects LCCP.NS fall 4.1% to 142.32 rupees

** Construction co's June quarter consolidated net profit fell 17% Y/Y, revenue dropped 15.1% Y/Y

** LCCP said execution during June quarter was impacted by supply-chain disruptions due to global geopolitical tensions and temporary worker shortages due to state elections

** Adds, situation has normalized with workforce steadily increasing and material availability improving

** Stock on course to fall for third straight session

** LCCP down ~25% since trading debut on September 17

(Reporting by Vijay Malkar)

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Oct 5 (Reuters) - LCC Projects Ltd LCCP.NS:

• APPROVES PROPOSAL TO INCORPORATE A SUBSIDIARY COMPANY IN INDIA

Further company coverage: LCCP.NS

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** Shares of India's LCC Projects LCCP.NS rise 2.4% to 147.71 rupees

** Construction co says it emerged as L-1 bidder for Chhoti Kalisindh Medium Irrigation Project in India's Rajasthan

** Adds project has total estimated value of 6.53 billion Indian rupees ($68.08 million), including GST

** Stock down 13.2% since listing on September 17, 2026

($1 = 95.9200 Indian rupees)

(Reporting by Kashish Tandon in Bengaluru)

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LCC Projects emerged as the lowest (L-1) bidder for construction of the Chhoti Kalisindh Medium Irrigation Project based on sprinkler with solar system on the Chhoti Kalisindh and Chahurni rivers in Gangdhar, Jhalawar, Rajasthan, on a single-responsibility turnkey EPC basis. The tender was issued by the Chief Engineer, Water Resources Zone, Kota, with an estimated value of Rs.653.34 crore including GST and an execution period of 36 months from the effective date. The company operated as a multidisciplinary engineering, procurement and construction contractor focused almost entirely on irrigation and water-supply schemes for central and state government departments and government-linked joint ventures. It reported revenue of Rs.36,003 million in FY26 and carried 103 projects in its order book in March 2026. Its top-10 customers accounted for 72.30% of FY26 revenue, with its footprint spread across 11-12 states after a shift away from single-customer concentration in Madhya Pradesh.

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** Shares of LCC Projects LCCP.NS list at 189 rupees, a 29.5% premium to the issue price of 146 rupees

** Stock falls 10% from listing price to hit lower circuit at 170.10 rupees; remains 16.5% above issue price

** At current price, construction firm's market value stands at 50.78 bln rupees ($529.3 mln)

** Co's $49 million IPO was subscribed 48.5 times

** IPO comprised a fresh issue worth 2.58 bln rupees and an offer for sale of about 11.6 mln shares by existing shareholders

** Co plans to use fresh issue proceeds for debt repayment, equipment purchases and general corporate purposes

($1 = 95.9300 Indian rupees)

(Reporting by Anushka Rajvedi in Bengaluru)

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