LCC Infotech Ltd. (LCCINFOTEC) AI Stock Analysis

• Market Cap: ₹594.99M
• Dividend Yield: N/A
• Average Volume (3M): 30.04K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.10
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IN
• Employees: 10
• Sector: Technology
• Sector Strength: 88
• Industry: Education & Training Services
• EPS (TTM): 0.00
• Shares Outstanding: 126,593,350
• 10 Day Avg. Volume: 31,597
• 30 Day Avg. Volume: 30,040
• PEG Ratio: 0.35
• Price to Book (P/B): 108.80
• Price to Sales (P/S): 203.29
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: ₹5.00 ▲(8.93% Upside)
• Action: N/A Date: 01/04/26
• Date: Action: N/A 01/04/26

The score is held down primarily by weak financial performance (persistent losses, highly unstable revenue, rising leverage, and mostly negative operating cash flow). Technicals are also mildly bearish with price below major moving averages and a negative MACD. Valuation provides limited support because earnings are negative (negative P/E) and no dividend yield is available.

Positive Factors

Revenue Rebound 2021–2024

A multi-year revenue rebound from 2021–2024 demonstrates the company's ability to recover top-line traction after decline. Sustained revenue recoveries indicate product-market fit or regained demand, which can support longer-term scaling and attract partners or investors if margins and cash conversion improve.

Debt Size vs Assets

Although leverage rose, the reported absolute debt level remains modest relative to total assets. That provides a structural buffer against immediate solvency stress and can allow management more time to restructure operations or refinance on reasonable terms versus firms with large absolute debt burdens.

Lean Operating Footprint

A very small employee base implies a lean cost structure and operational flexibility. Low fixed payroll and overhead can make it easier to adjust spending, pivot offerings, or preserve runway, improving the firm's ability to survive extended turnarounds while it stabilizes revenue and fixes unit economics.

Negative Factors

Persistent Losses

Negative and worsening profitability, culminating in negative gross profit, means core unit economics do not currently cover direct costs. This undermines long-term viability unless the firm materially changes pricing, cost structure, or product mix, and makes sustained profit recovery difficult without structural change.

Revenue Volatility & Collapse

Highly unstable revenue with a sharp collapse in 2025 impairs forecasting, long-term contracting, and customer retention efforts. Structural planning, hiring, and investment decisions become riskier, reducing the firm's ability to execute multi-quarter growth initiatives or secure favorable financing terms.

Weak Cash Generation

Repeated negative operating and free cash flow indicate the business cannot self-fund operations and capital needs. Over the medium term this raises refinancing and liquidity risk, increases dependence on external capital, and constrains investment in product development or sales needed to achieve durable profitability.

LCC Infotech Ltd. Business Overview & Revenue Model

Company Description

LCC Infotech Limited, through its subsidiary, eLCC Info.com Limited, offers IT training and development solutions to enterprises, individuals, and institutions in India. The company was incorporated in 1985 and is based in Kolkata, India.

How the Company Makes Money

LCC Infotech Ltd. Financial Statement Overview

Summary

Financial quality is weak: revenue has been highly volatile with a sharp deterioration in the latest year, profitability is consistently negative with worsening margins (including negative gross profit in 2025 annual), leverage increased materially with a steep equity decline (debt-to-equity ~3.15), and operating cash flow has been mostly negative across recent years, limiting self-funding capacity.

Income Statement

Revenue is extremely volatile: it fell sharply from 2020 to 2021, then recovered through 2024 before collapsing again in 2025 (annual) despite a very large growth rate off a low base. Profitability is consistently weak with recurring net losses across all years, and margins deteriorate meaningfully in 2025 (annual) with negative gross profit, indicating the cost structure is not currently scalable. The only relative positive is the multi-year rebound in reported revenue from 2021–2024, but it has not translated into sustainable profits.

Balance Sheet

Leverage increased materially in 2025 (annual) as debt rose relative to equity (debt-to-equity ~3.15), reducing financial flexibility and raising refinancing risk. Returns on equity are negative across the period, consistent with ongoing losses. A mitigating factor is that reported total debt is not extremely large versus total assets, but the sharp drop in equity in 2025 (annual) alongside higher leverage is a clear balance-sheet weakening trend.

Cash Flow

Cash generation is inconsistent and often negative: operating cash flow is negative in 2021, 2023, 2024, and 2025 (annual), with only modestly positive years in 2020 and 2022. Free cash flow is also negative in several years, and 2025 (annual) shows zero free cash flow while still burning cash from operations, suggesting limited ability to self-fund operations. Overall, cash flow does not currently support the income statement losses or provide a stable liquidity cushion.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	3.82M	3.59M	17.63M	15.97M	11.61M	180.00K
Gross Profit	-3.66M	-12.80M	14.63M	13.64M	9.21M	-4.73M
EBITDA	-26.18M	-21.24M	-532.54M	-5.60M	-6.49M	-13.80M
Net Income	-26.86M	-21.58M	-533.27M	-6.43M	-7.37M	-14.96M
Balance Sheet
Total Assets	0.00	51.33M	66.45M	612.75M	614.87M	617.90M
Cash, Cash Equivalents and Short-Term Investments	73.00K	73.00K	296.00K	4.48M	2.26M	139.00K
Total Debt	0.00	21.11M	20.52M	31.52M	28.89M	27.06M
Total Liabilities	-6.71M	44.62M	41.78M	54.81M	50.50M	46.16M
Stockholders Equity	6.71M	6.71M	24.67M	557.94M	564.37M	571.74M
Cash Flow
Free Cash Flow	0.00	0.00	-1.45M	-77.00K	580.00K	-9.16M
Operating Cash Flow	0.00	-5.80M	-1.45M	-77.00K	616.00K	-9.08M
Investing Cash Flow	0.00	13.76M	8.86M	0.00	52.00K	-813.00K
Financing Cash Flow	0.00	-8.18M	-11.59M	2.30M	1.45M	9.68M

LCC Infotech Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
CALSOFT	60 Neutral	₹771.00M	25.96	―	―	―	―
ADROITINFO	55 Neutral	₹528.77M	9.19	―	―	38.47%	-83.43%
PALREDTEC	44 Neutral	₹349.12M	-13.00	―	―	-15.69%	-73.80%
LCCINFOTEC	41 Neutral	₹594.99M	-4,159.50	―	―	―	―
SECURKLOUD	41 Neutral	₹733.36M	-10.16	―	―	-48.96%	-422.00%
CEREBRAINT	40 Underperform	₹580.48M	-1.07	―	―	-65.17%	64.70%

LCC Infotech Ltd. Corporate Events

LCC Infotech Raises Capital via Preferential Allotment of 4.2 Crore Shares

LCC Infotech Ltd. has approved the allotment of 4.2 crore fully paid equity shares on a preferential basis at Rs. 4.55 per share, raising about Rs. 191.1 million from identified investors. The move, cleared by shareholders and backed by in-principle approvals from NSE and BSE, lifts the company’s paid-up equity capital from Rs. 25.32 crore to Rs. 33.72 crore, signaling a significant capital infusion that may support future operational or strategic plans while diluting existing shareholdings.

LCC Infotech Clears Path for Change of Control, Capital Expansion and Shift to Gujarat

LCC Infotech Ltd.’s board has approved a substantial restructuring of the company’s capital and ownership, including an increase in authorised share capital from Rs 51 crore to Rs 80 crore, preferential issues of up to 4.2 crore equity shares and 22.56 crore convertible warrants via private placement, and amendments to its Memorandum of Association’s main object clause. In a key control move, promoter shareholders have entered into a share purchase agreement for the sale of up to 5.80 crore shares, representing 45.85% of the company’s paid-up equity capital, to acquirer Kunjit Maheshbhai Patel at Rs 3.55 per share, a transaction that will trigger an open offer to public shareholders under SEBI’s takeover regulations. The board has also approved shifting the company’s registered office from West Bengal to Gujarat, appointed Akhilkumar Dilipbhai Kotak as an additional executive director, and convened an extraordinary general meeting on 2 February 2026 to seek shareholder approvals, signaling a potential change of control and strategic realignment that could materially alter the company’s governance, geographic base and future growth trajectory.