Structural, electronic, magnetic and optical properties of Cu4Mn2Te4 have been reported earlier by the authors, and here, the transport properties of the same are discussed along with the band structure investigation of the neodymium-doped cubic material LMO (LiMn2O4), namely LiMn1.75Nd0.25O4 compound, under spin polarized schemes through the First Principles calculations. The Full Potential-Linearized Augumented Plane Wave Method (FP-LAPW) method is adopted to investigate the electronic structures based on the framework of Density Functional Theory (DFT). Exchange potentials are treated using the Generalized Gradient Approximations (GGA). Cohesive energy calculations reveal that the ferromagnetic phase of LiMn1.75Nd0.25O4 and the antiferromagnetic phase of Cu4Mn2Te4 exhibits a stable phase. Of these, FM-LiMn1.75Nd0.25O4 shows a semi-metallic-like behavior in spin-up channel and metallic behavior in spin-down channel whereas antiferromagnetic Cu4Mn2Te4 exhibits a band gap in both spin-up and spin-down channels. Dirac points are identified at −0.0625eV in the band structure plot of FM-LiMn1.75Nd0.25O4 at its high symmetry points Γ and W which is an indication of high electron mobility at ambient condition. The presence of flat and dispersive bands around the Fermi energy level is an indication of high thermopower, and it is present in both the compounds FM-LiMn1.75Nd0.25O4 and AFM-Cu4Mn2Te4. From the present computations, at 300K, a power factor range of (S2σ scaled by relaxation time in μW/msK2) 1.75×1020↑ and 9.37×1021↓ is obtained for ferromagnetic LiMn1.75Nd0.25O4 compounds at up and down spins, respectively. A typical power factor (μWm−1s−1K−2) of 4.79×1015↑ and 2.97×1018↓ is obtained for antiferromagnetic Cu4Mn2Te4 at 325K required for good thermoelectric performance.