LCC Projects Ltd IPO

One of the leading multidisciplinary EPC companies in India for irrigation and water supply projects.

Strong Order Book and diversified project portfolio.

In-house project designing capabilities with robust technical knowledge.

Strong risk management, project selection and dispute resolution processes.

The company is an infrastructure company operating primarily in the irrigation and water supply projects segment and its business significantly (88.81% for the six months period ended September 30, 2024, 87.72% for the Fiscal 2024, 96.14% for the Fiscal 2023 and 89.53% for the Fiscal 2022) depends on projects awarded by state and central government departments, which may impact its results of operations and financial conditions.

The company business significantly depends on its ability to successfully bid for and acquires projects in the irrigation and water supply projects segment. Its inability to successfully bid for and acquire new projects in the irrigation and water supply projects segment could have an adverse effect on the growth of its business.

The actual cost incurred by it during the course of executing a particular project may vary significantly from the assumptions underlying its bid. The company may be unable to recover all or part of the incremental expenses incurred, which could adversely affect its financial condition, results of operation and cash flows.

Revenue from its top ten customers comprise a significant portion of the company revenue from operations (90.82% for the six months period ended September 30, 2024, 82.76% for the Fiscal 2024, 77.73% for the Fiscal 2023 and 74.82% for the Fiscal 2022). Any failures to maintain its relationship with these customers, any adverse changes affecting their financial condition or the loss of any of the company customers will have an adverse effect on its business, results of operations, financial condition and cash flows.