LCC Projects Limited

• Purchase of equipment₹14.7 Cr
• Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company₹180 Cr
• General Corporate Purposes₹41.7 Cr

Except as disclosed in this section, there are no pending: (i) criminal proceedings involving the Company, Subsidiaries, Directors, Promoters, Key Managerial Personnel and Senior Management; (ii) actions taken/ penalties imposed by statutory and/or regulatory authorities involving the Relevant Parties, Key Managerial Personnel and Senior Management; (iii) disciplinary actions including penalty imposed by SEBI or stock exchanges against the Promoters in the last five financial years preceding this Prospectus, including outstanding actions; (iv) claims related to direct and indirect taxes involving the Relevant Parties, in a consolidated manner, giving details of the number of cases and total amount involved in such cases; and (v) other pending litigation/arbitration proceeding involving the Relevant Parties which has been determined to be material pursuant to the Materiality Policy. Further, except as disclosed in this section, there are no pending litigation involving our Group Companies which may have a material impact on our Company in the opinion of our Board. The Materiality Policy considers pending matters material if the monetary amount of claim or amount involved exceeds the lower of 2% of turnover, 2% of net worth, or 5% of the average of absolute value of profit or loss after tax of the Company. The materiality threshold is ₹105.34 million. Pre-litigation notices received by Relevant Parties, Key Managerial Personnel or Senior Management from third parties (excluding notices from governmental, statutory, regulatory, judicial, quasi-judicial or taxation authorities or notices threatening criminal action or first information reports) are not considered litigation until impleaded as defendants or respondents. There are no outstanding material dues to creditors of our Company.

• Our business operations are conducted on premises leased from third parties. We cannot assure you that we will be able to continue operating out of these premises or renew the leases on favourable terms, or at all. Certain agreements in relation to the lease properties are not adequately stamped as per the relevant state stamp duty requirements.(Operational)

• Our total debt-to-equity ratio is considerably higher than that of our listed industry peers, which may place us at a competitive disadvantage and expose us to greater financial risk. A significant portion of our cash flow is dedicated to servicing our debt obligations, which reduces the availability of funds for working capital, capital expenditures, acquisitions, and other general corporate purposes.(Financial)

• Revenue from our top ten customers comprise a significant portion of our revenue from operations i.e. 72.30% for Fiscal 2026, 84.10% for the Fiscal 2025, and 82.76% for the Fiscal 2024. Any failure to maintain our relationship with these customers, any adverse changes affecting their financial condition or the loss of any of our customers will have an adverse effect on our business, results of operations, financial condition and cash flows.(Customer Concentration)

• Our inability to collect receivables outstanding and due to be paid by our customers, in a timely manner, or at all, may adversely affect our business, financial condition, results of operations and cash flows. We require significant working capital requirements in our business operations and such delays in the collection of receivables or inadequate recovery on our claims could adversely affect our business, cash flows, financial condition and results of operations.(Credit Risk)

• We have certain contingent liabilities which have been disclosed in our Restated Consolidated Financial Information, which if they materialize, may adversely affect our results of operations, cash flows and financial condition. The total contingent liabilities as a percentage of Net Worth is 14.63% as of March 31, 2026.(Financial)

• Our higher leverage compared to our competitors can have several adverse consequences. Our financing agreements contain various financial and other covenants. Our elevated debt levels increase the risk of breaching these covenants, which could lead to defaults, acceleration of repayments, and enforcement of security by our lenders.(Financial)

• A highly leveraged capital structure makes us more vulnerable to economic downturns and fluctuations in interest rates. An increase in interest rates would raise our cost of borrowing, and a decline in revenue could more severely impact our ability to meet our debt obligations compared to our peers.(Financial)

• We derive a significant portion of our revenue from operations from our top ten customers which are primarily state and central government departments and thus we are majorly dependent on government projects.(Customer Concentration)

Each bar is a fixed formula applied to the figures shown above, scored 0–100. This is a reading of what the company disclosed — not a recommendation to apply or avoid, not a price target, and not a prediction of listing performance. Dimensions that could not be extracted are excluded rather than assumed, so coverage varies between documents.

• LCC PROJECTS LIMITED - RHP04 Sept 2026