Larsen & Toubro Ltd (LT)
₹3,871.70
Mkt cap
₹5.33L Cr
P/E ratio
28.20
P/B
4.72
Div yield
0.98%
ROE
15.90%
ROCE
14.60%
EPS (TTM)
₹137.29
Book value
₹821
52W range
3,288–4,440
Sector
Industrials
Price history
Previous close
Larsen & Toubro Ltd is a multinational conglomerate which is primarily engaged in providing engineering, procurement and construction (EPC) solutions in key sectors such as Infrastructure, Hydrocarbon, Power, Process Industries and Defence, Information Technology and Financial Services in domestic and international markets. [1]
NSE LTBSE 500510
Health check
Cautious
ValuationExpensive
ProfitabilityAverage
GrowthModerate
TechnicalsBearish
52-week range
−12.80% from high₹3,872
₹3,288+17.75% from low₹4,440
Current
₹3,871.70
Prev close
₹3,837.10
Day
+0.90%
Price performance
1D
+0.90%
1W
+6.16%
1M
+3.27%
3M
−1.68%
6M
−5.48%
1Y
−1.20%
YTD
−7.01%
Financials
Revenue, profit & margin
P/E ratio
28.2×
LT is 99% above the sector median of 14.2×
LT28.2×
Sector median14.2×
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 51,024 | 55,128 | 67,079 | 55,120 | 61,555 | 64,668 | 74,392 | 63,679 | 67,984 | 71,450 | 82,762 | 67,942 | 78,750 | |
| Expenses | 43,984 | 47,929 | 58,426 | 48,074 | 53,638 | 56,770 | 64,516 | 55,655 | 59,470 | 62,259 | 72,343 | 59,793 | 69,936 | |
| Operating Profit | 7,040 | 7,199 | 8,653 | 7,046 | 7,917 | 7,898 | 9,876 | 8,024 | 8,513 | 9,190 | 10,419 | 8,149 | 8,814 | |
| OPM % | 14% | 13% | 13% | 13% | 13% | 12% | 13% | 13% | 13% | 13% | 13% | 12% | 11% | |
| Other Income | 1,133 | 838 | 1,135 | 921 | 1,101 | 968 | 1,610 | 1,357 | 1,384 | -350 | 1,647 | 2,377 | 2,306 | |
| Interest | 2,272 | 2,344 | 2,345 | 2,292 | 2,439 | 2,486 | 2,419 | 2,488 | 2,470 | 2,399 | 2,488 | 2,571 | 2,442 | |
| Depreciation | 910 | 921 | 1,021 | 998 | 1,024 | 1,047 | 1,052 | 1,033 | 1,092 | 1,072 | 1,168 | 1,032 | 1,037 | |
| Profit before tax | 4,991 | 4,772 | 6,422 | 4,677 | 5,555 | 5,333 | 8,014 | 5,860 | 6,336 | 5,370 | 8,410 | 6,922 | 7,641 | |
| Tax % | 23% | 25% | 22% | 26% | 26% | 25% | 23% | 26% | 26% | 29% | 25% | 28% | 23% | |
| Net Profit | 3,846 | 3,593 | 5,013 | 3,445 | 4,099 | 3,974 | 6,156 | 4,318 | 4,678 | 3,825 | 6,133 | 4,988 | 5,949 | |
| EPS in Rs | 23.45 | 21.44 | 31.98 | 20.26 | 24.69 | 24.43 | 39.97 | 26.30 | 28.54 | 23.37 | 38.71 | 29.97 | 37.81 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.46% · closed higher next day 34 of last 63
| Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25† | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | Q2FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 31 Jan '24 | 9 May '24◦ | 25 Jul '24 | 31 Oct '24 | 31 Jan '25 | 9 May '25◦ | 29 Jul '25◦ | 29 Oct '25◦ | 28 Jan '26◦ | 5 May '26◦ | 28 Jul '26◦ | 27 Oct '26◦ |
| Earnings day | −4.23% | −0.12% | +2.83% | +6.28% | +4.28% | +3.61% | +4.85% | +0.74% | +3.66% | −1.13% | +2.59% | +3.72% |
| +1 day | −6.48% | +0.56% | +4.56% | +4.87% | +0.78% | +7.92% | +4.03% | +1.84% | +3.65% | −0.78% | +2.76% | +4.69% |
| +5 days | −6.57% | +5.35% | +7.38% | +7.39% | −1.99% | +8.45% | +3.80% | −1.91% | +7.10% | −3.42% | +5.87% | — |
| +15 days | −9.27% | +12.02% | +1.39% | +8.63% | −4.24% | +10.57% | +3.35% | +1.69% | +12.82% | −0.17% | +5.46% | — |
| +30 days | −0.69% | +7.82% | +1.57% | +11.70% | −7.23% | +10.17% | +2.41% | +2.93% | −9.36% | +3.34% | +2.36% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 38 Per Share | 38.00 | 22 May '26 | 22 May '26 |
Shareholding
as of Sep 2026FIIs19.22%0.09
DIIs42.85%0.16
Public37.66%0.06
Government0.26%0.01
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro | ₹3,871.70 | 28.19 | 5,32,713 | 0.98% | 5,949 | +32.50% | 78,750 | +15.84% | 14.57% |
| Rail Vikas | ₹179.67 | 41.64 | 37,462 | 0.95% | 160 | +18.46% | 4,321 | +10.55% | 10.80% |
| Cemindia Project | ₹1,265.00 | 38.78 | 23,330 | 0.24% | 141 | +2.62% | 2,721 | +5.61% | 32.76% |
| Kalpataru Proj. | ₹1,337.70 | 20.56 | 22,844 | 0.82% | 312 | +45.15% | 6,408 | +3.84% | 18.28% |
| IRB Infra.Devl. | ₹15.73 | 19.31 | 18,999 | 0.99% | 306 | +51.26% | 2,137 | +1.82% | 7.47% |
| NBCC | ₹69.66 | 27.48 | 18,808 | 1.44% | 158 | +17.18% | 2,260 | −5.51% | 29.32% |
| Engineers India | ₹251.85 | 15.77 | 14,155 | 1.99% | 197 | +135.57% | 824 | −10.54% | 30.40% |
| Median: 119 Co. | ₹115.00 | 14.20 | 615 | 0.00% | 12 | +18.23% | 172 | +12.32% | 15.99% |
Filings
Annual reports15
Concall transcripts105
RECOct 2026TranscriptJul 2026PPTJul 2026RECJul 2026TranscriptMay 2026PPTMay 2026TranscriptJan 2026PPTJan 2026RECJan 2026TranscriptOct 2025PPTOct 2025RECOct 2025TranscriptJul 2025PPTJul 2025RECJul 2025TranscriptMay 2025PPTMay 2025TranscriptJan 2025PPTJan 2025TranscriptOct 2024PPTOct 2024TranscriptJul 2024PPTJul 2024PPTMay 2024
Credit ratings6
Announcements5
Business Transfer Agreement With Vyoma.AI Limited (Vyoma), Wholly Owned Subsidiary Of The Company And Share Purchase Agreement Towards Sale Of Entire Stake Held In L&T Network Services Private Limited To Vyoma - Extension Of Timeline Of Completion 31 Oct - L&T extends completion of Vyoma.ai transaction to March 31, 2027.Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Oct - Intimation to Stock Exchanges regarding publication of Financial Results in NewspapersAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 27 Oct - L&T uploaded Q2/H1 FY27 earnings call audio recording on its investor website on October 27, 2026.Analyst Presentation - Q2 / H1 FY27 27 Oct - L&T released Q2/H1 FY27 analyst presentation: order inflow ₹1,477bn, revenue ₹787bn, PAT ₹52bn.Outcome Of Board Meeting Of Larsen & Toubro Limited Held On October 27, 2026 27 Oct