LCC Projects

What LCC Projects does

LCC Projects Limited is an India-based, multidisciplinary Engineering, Procurement and Construction (EPC) contractor headquartered in Ahmedabad, Gujarat. Founded in 2004 as a partnership firm (Laxmi Construction Co.) and converted to a private limited company in December 2017, the company executes turnkey infrastructure projects on behalf of central and state government departments across four service lines: irrigation (dams, barrages, weirs, hydraulic structures, canals, lift irrigation, micro-irrigation), water supply (underground pipelines, distribution networks, electromechanical schemes, treatment), metro rail and industrial projects (stations, elevated viaducts, utility tunnels), and mining (Mining Developer-cum-Operator contracts for coal and minerals). Underlying capabilities include in-house design engineering, procurement of materials, on-site construction, testing and commissioning, and post-completion operations and maintenance.

The company is positioned by ICRA as one of the leading multidisciplinary EPC contractors in India's irrigation and water supply segment by market share as of September 30, 2024. Technology is conventional civil-engineering and construction equipment-based, with electromechanical components integrated into water supply and lift irrigation projects; there is no disclosed software, AI/ML, or proprietary technology layer. The business model is project-based, B2G revenue: LCC competes for government infrastructure contracts via competitive tendering and direct awards, with project values historically ranging from hundreds of crores to over ₹13,954 million for a single work order. Revenue is recognized on a project-by-project basis under long-cycle contracts. The order book stood at 68 projects spanning 11 Indian states as of September 30, 2024.

Revenue mechanics: turnover crossed ₹20,000 million in 2024, up from ₹10,000 million in 2023 and ₹5,000 million in 2018. The company is preparing for an Initial Public Offering, has appointed independent directors with banking and corporate finance backgrounds, and obtained a credit rating upgrade from A- to A from CARE Ratings in 2024. Ownership remains concentrated with the founding Rabari family through promoter holdings; no institutional, private equity, or venture capital backing is disclosed.

Name

LCC Projects

Legal name

LCC Projects Limited

Website

https://lccprojects.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

LCC Projects Limited is an Ahmedabad-headquartered Indian EPC contractor executing turnkey government infrastructure projects across irrigation, water supply, metro rail, and mining in 11 Indian states, with turnover exceeding ₹20,000 million in 2024.

Ownership category

akta.pro rank

Product category

Infrastructure Construction Services

NAICS

Heavy and Civil Engineering Construction (237), Utility System Construction (2371), Other Heavy and Civil Engineering Construction (23799)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Design-Build / EPC General Contracting (IMAFAAAD)

akta.pro secondary industries

Hydro BOP Civil & Water Conveyance (Dams, Spillways, Penstocks, Canals) (EUAMAFAG), Hydropower EPC & Construction (Civil Works, Electromechanical) (EUACAEAF), Construction Management & Delivery (EPCM/CMAR/Design-Build Oversight) (EUANALAE)

Keywords

• Infrastructure construction services
• EPC project execution
• Irrigation infrastructure development
• Water supply construction
• Government infrastructure contracting

Headquarters

HQ city

Ahmedabad

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D

Revenue model

1. EPC Infrastructure Contracts: LCC Projects generates revenue through large-scale Engineering, Procurement and Construction contracts for government infrastructure projects including dams, canals, water supply schemes, metro rail construction, and mining development. Revenue is earned on a project-by-project basis with contract values ranging from hundreds of crores to over ₹13,000 million per project.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

LCC Projects Limited is a multidisciplinary Engineering, Procurement and Construction (EPC) company that builds government infrastructure projects on a turnkey basis. Its core work spans irrigation structures (dams, barrages, canals, lift irrigation systems), water supply schemes (pipelines, distribution networks, treatment systems), metro rail and industrial construction, and mining developer-cum-operator services. Revenue is generated through large-scale contracts awarded by central and state government departments across 11 Indian states.

Product overview

LCC Projects Limited is a multidisciplinary Engineering, Procurement and Construction (EPC) company specializing in infrastructure development. The company operates four core service lines: Irrigation Services (dams, canals, lift irrigation, micro-irrigation systems), Water Supply Services (pipelines, distribution networks, treatment schemes), Metro Rail & Industrial Projects (stations, viaducts, utility tunnels), and Mining Services (MDO contracts for coal and mineral extraction). The company executes turn-key projects across 11 states in India, with expertise spanning design, procurement, construction, and operations & maintenance.

Differentiator

Problem solved

Functional benefit

Products and services

• Irrigation Services Turnkey construction and execution of irrigation infrastructure including dams, barrages, weirs, hydraulic structures, canals (including syphon structures), pipe distribution networks, lift irrigation systems, and micro-irrigation (drip/sprinkler) systems, primarily targeting small and marginal farmers via government contracts.
• Water Supply Services Construction of multi-village and urban water supply schemes including laying underground pipelines, electromechanical elements, distribution networks, and treatment systems to deliver drinking water to rural and urban populations on a turnkey basis for government water supply boards.
• Metro Rail & Industrial Projects Construction of metro rail stations, elevated viaducts, RCC structures, arch works, utility tunnels, entry-exit structures, and industrial infrastructure for government metro rail corporations and industrial development authorities.
• Mining Services Mining Developer-cum-Operator (MDO) services for government and public-sector mining clients, including overburden excavation, coal extraction by surface miner, loading and transportation, bulk material processing, and open-pit mining operations for coal, lignite, and other minerals.
• Engineering, Procurement and Construction (EPC) Services Full-service EPC capability encompassing engineering design, procurement of materials, construction, implementation, testing, commissioning, and operations and maintenance for infrastructure projects across irrigation, water supply, metro rail, and mining sectors.

Named customers13 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor.

• LCC VKMCPL JVminorStrategic or Co-development PartnerJoint venture partnership for execution of Lift Irrigation Pipeline Project from Todiya Rock (Mahi River) in Gujarat. The JV combines LCC's infrastructure execution capabilities with VKMCPL's expertise.
• LCESPL-LCC JVminorStrategic or Co-development PartnerJoint venture for construction, operation and maintenance of Dudhi Dam Piped Irrigation System in Madhya Pradesh. Partnership enables execution of large-scale irrigation projects.
• LCC SAI KSIPL JVminorStrategic or Co-development PartnerJoint venture partnership for Kachchh Branch Canal Project construction including earth work, CC lining, structures, gates and O&M work for 5 years in Gujarat.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• G R Infraprojects Limited: G R Infraprojects is an Indian infrastructure EPC company executing roads, highways, and civil works for government clients — comparable in business model and government-tender focus to LCC Projects.
• NCC Limited: NCC Limited is a leading Indian EPC and construction company with significant exposure to irrigation, water supply, roads, and metro projects for government clients — directly comparable to LCC Projects' diversified B2G EPC model.
• Patel Engineering Limited: Patel Engineering is an Indian EPC company specializing in dams, hydro, tunnels, and irrigation infrastructure — directly comparable to LCC Projects' core irrigation and hydraulic structures business.
• Dilip Buildcon Limited: Dilip Buildcon is a leading Indian EPC company executing roads, bridges, and irrigation projects for central and state governments — comparable in scale and government tender-based business model to LCC Projects.
• HG Infra Engineering Limited: HG Infra Engineering is an Indian EPC company focused on highways, bridges, and civil infrastructure for government clients — comparable in scale and tender-driven EPC model to LCC Projects.
• Welspun Enterprises Limited: Welspun Enterprises is an Indian EPC company focused on water supply, irrigation, and road infrastructure for government clients — closely overlapping with LCC Projects' water supply and irrigation segments.
• Ashoka Buildcon Limited: Ashoka Buildcon is an Indian infrastructure EPC company with strong exposure to roads, bridges, and water infrastructure government contracts — comparable to LCC Projects' multidisciplinary B2G EPC positioning.
• ITD Cementation India Limited: ITD Cementation is an Indian EPC contractor specializing in heavy civil, marine, and infrastructure projects including metro rail — directly comparable to LCC Projects' metro rail construction capability.
• Sadbhav Engineering Limited: Sadbhav Engineering is an Indian infrastructure EPC company with strong presence in irrigation, water supply, and roads, executing government contracts similar to LCC Projects' business mix.

Broad incumbents

• KEC International Limited: KEC International is a large Indian EPC incumbent with diversified infrastructure capabilities including transmission, civil, and urban infrastructure — comparable as a broader infrastructure EPC peer, though it specializes more in power transmission than water/irrigation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/LccProject3755
• Facebookfacebook.com/LCCPROJECTSLTD
• LinkedInlinkedin.com/company/lcc-projects-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LCC Projects