diff --git a/compiler/fir/fir2ir/tests-gen/org/jetbrains/kotlin/test/runners/codegen/FirBlackBoxCodegenTestGenerated.java b/compiler/fir/fir2ir/tests-gen/org/jetbrains/kotlin/test/runners/codegen/FirBlackBoxCodegenTestGenerated.java
index 1da572afa0b..7bd62468f9a 100644
--- a/compiler/fir/fir2ir/tests-gen/org/jetbrains/kotlin/test/runners/codegen/FirBlackBoxCodegenTestGenerated.java
+++ b/compiler/fir/fir2ir/tests-gen/org/jetbrains/kotlin/test/runners/codegen/FirBlackBoxCodegenTestGenerated.java
@@ -19871,6 +19871,12 @@ public class FirBlackBoxCodegenTestGenerated extends AbstractFirBlackBoxCodegenT
             runTest("compiler/testData/codegen/box/inference/approximateNonTopLevelCapturedTypes.kt");
         }
 
+        @Test
+        @TestMetadata("builderAndDelegateInference.kt")
+        public void testBuilderAndDelegateInference() throws Exception {
+            runTest("compiler/testData/codegen/box/inference/builderAndDelegateInference.kt");
+        }
+
         @Test
         @TestMetadata("builderInference.kt")
         public void testBuilderInference() throws Exception {
diff --git a/compiler/fir/resolve/src/org/jetbrains/kotlin/fir/resolve/inference/PostponedArgumentsAnalyzer.kt b/compiler/fir/resolve/src/org/jetbrains/kotlin/fir/resolve/inference/PostponedArgumentsAnalyzer.kt
index a0dd3e06f54..1e165e4041e 100644
--- a/compiler/fir/resolve/src/org/jetbrains/kotlin/fir/resolve/inference/PostponedArgumentsAnalyzer.kt
+++ b/compiler/fir/resolve/src/org/jetbrains/kotlin/fir/resolve/inference/PostponedArgumentsAnalyzer.kt
@@ -116,6 +116,11 @@ class PostponedArgumentsAnalyzer(
         completionMode: ConstraintSystemCompletionMode,
         //diagnosticHolder: KotlinDiagnosticsHolder
     ): ReturnArgumentsAnalysisResult {
+        // TODO: replace with `require(!lambda.analyzed)` when KT-54767 will be fixed
+        if (lambda.analyzed) {
+            return ReturnArgumentsAnalysisResult(lambda.returnStatements, inferenceSession = null)
+        }
+
         val unitType = components.session.builtinTypes.unitType.type
         val stubsForPostponedVariables = c.bindingStubsForPostponedVariables()
         val currentSubstitutor = c.buildCurrentSubstitutor(stubsForPostponedVariables.mapKeys { it.key.freshTypeConstructor(c) })
diff --git a/compiler/testData/codegen/box/inference/builderAndDelegateInference.kt b/compiler/testData/codegen/box/inference/builderAndDelegateInference.kt
new file mode 100644
index 00000000000..1ded9f3028f
--- /dev/null
+++ b/compiler/testData/codegen/box/inference/builderAndDelegateInference.kt
@@ -0,0 +1,18 @@
+// TARGET_BACKEND: JVM_IR
+// WITH_STDLIB
+// ISSUE: KT-54767
+
+interface A {
+    fun getCallableNames(): Set<String>
+}
+
+class B(val declared: A, val supers: List<A>) {
+    private val callableNamesCached by lazy(LazyThreadSafetyMode.PUBLICATION) {
+        buildSet {
+            addAll(declared.getCallableNames())
+            supers.flatMapTo(this) { it.getCallableNames() }
+        }
+    }
+}
+
+fun box() = "OK"
diff --git a/compiler/tests-common-new/tests-gen/org/jetbrains/kotlin/test/runners/codegen/IrBlackBoxCodegenTestGenerated.java b/compiler/tests-common-new/tests-gen/org/jetbrains/kotlin/test/runners/codegen/IrBlackBoxCodegenTestGenerated.java
index 01ff842724b..75bc16a75fc 100644
--- a/compiler/tests-common-new/tests-gen/org/jetbrains/kotlin/test/runners/codegen/IrBlackBoxCodegenTestGenerated.java
+++ b/compiler/tests-common-new/tests-gen/org/jetbrains/kotlin/test/runners/codegen/IrBlackBoxCodegenTestGenerated.java
@@ -19871,6 +19871,12 @@ public class IrBlackBoxCodegenTestGenerated extends AbstractIrBlackBoxCodegenTes
             runTest("compiler/testData/codegen/box/inference/approximateNonTopLevelCapturedTypes.kt");
         }
 
+        @Test
+        @TestMetadata("builderAndDelegateInference.kt")
+        public void testBuilderAndDelegateInference() throws Exception {
+            runTest("compiler/testData/codegen/box/inference/builderAndDelegateInference.kt");
+        }
+
         @Test
         @TestMetadata("builderInference.kt")
         public void testBuilderInference() throws Exception {