Larsen & Toubro Ltd (LT)
₹3,999.00
Mkt cap
₹5.50L Cr
P/E ratio
31.20
P/B
5.04
Div yield
0.95%
ROE
15.90%
ROCE
14.60%
EPS (TTM)
₹128.17
Book value
₹794
52W range
3,342–4,418
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
TechnicalsNeutral
52-week range
−9.49% from high₹3,999
₹3,342+19.64% from low₹4,418
Current
₹3,999.00
Prev close
₹3,964.10
Day
+0.88%
Price performance
1D
+0.88%
1W
−1.13%
1M
−1.41%
3M
+2.52%
6M
+3.00%
1Y
+11.13%
YTD
−3.95%
Financials
Revenue, profit & margin
P/E ratio
31.2×
LT is 88% above the sector median of 16.6×
LT31.2×
Sector median16.6×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 47,882 | 51,024 | 55,128 | 67,079 | 55,120 | 61,555 | 64,668 | 74,392 | 63,679 | 67,984 | 71,450 | 82,762 | 67,942 | |
| Expenses | 41,566 | 43,984 | 47,929 | 58,426 | 48,074 | 53,638 | 56,770 | 64,516 | 55,655 | 59,470 | 62,259 | 72,343 | 59,793 | |
| Operating Profit | 6,316 | 7,040 | 7,199 | 8,653 | 7,046 | 7,917 | 7,898 | 9,876 | 8,024 | 8,513 | 9,190 | 10,419 | 8,149 | |
| OPM % | 13% | 14% | 13% | 13% | 13% | 13% | 12% | 13% | 13% | 13% | 13% | 13% | 12% | |
| Other Income | 1,146 | 1,133 | 838 | 1,135 | 921 | 1,101 | 968 | 1,610 | 1,357 | 1,384 | -350 | 1,647 | 2,377 | |
| Interest | 2,299 | 2,272 | 2,344 | 2,345 | 2,292 | 2,439 | 2,486 | 2,419 | 2,488 | 2,470 | 2,399 | 2,488 | 2,571 | |
| Depreciation | 830 | 910 | 921 | 1,021 | 998 | 1,024 | 1,047 | 1,052 | 1,033 | 1,092 | 1,072 | 1,168 | 1,032 | |
| Profit before tax | 4,332 | 4,991 | 4,772 | 6,422 | 4,677 | 5,555 | 5,333 | 8,014 | 5,860 | 6,336 | 5,370 | 8,410 | 6,922 | |
| Tax % | 28% | 23% | 25% | 22% | 26% | 26% | 25% | 23% | 26% | 26% | 29% | 25% | 28% | |
| Net Profit | 3,096 | 3,846 | 3,593 | 5,013 | 3,445 | 4,099 | 3,974 | 6,156 | 4,318 | 4,678 | 3,825 | 6,133 | 4,988 | |
| EPS in Rs | 17.74 | 23.45 | 21.44 | 31.98 | 20.26 | 24.69 | 24.43 | 39.97 | 26.30 | 28.54 | 23.37 | 38.71 | 29.97 | |
| 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 +0.41% · closed higher next day 33 of last 62
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25† | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 1 Nov '23 | 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◦ |
| Earnings day | −1.15% | −4.23% | −0.12% | +2.83% | +6.28% | +4.28% | +3.61% | +4.85% | +0.74% | +3.66% | −1.13% | +2.59% |
| +1 day | −0.37% | −6.48% | +0.56% | +4.56% | +4.87% | +0.78% | +7.92% | +4.03% | +1.84% | +3.65% | −0.78% | +2.76% |
| +5 days | +2.30% | −6.57% | +5.35% | +7.38% | +7.39% | −1.99% | +8.45% | +3.80% | −1.91% | +7.10% | −3.42% | +5.87% |
| +15 days | +3.98% | −9.27% | +12.02% | +1.39% | +8.63% | −4.24% | +10.57% | +3.35% | +1.69% | +12.82% | −0.17% | +5.46% |
| +30 days | +19.08% | −0.69% | +7.82% | +1.57% | +11.70% | −7.23% | +10.17% | +2.41% | +2.93% | −9.36% | +3.34% | — |
| 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 Jun 2026FIIs19.13%0.35
DIIs43.01%0.31
Public37.60%0.04
Government0.25%
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 |
|---|---|---|---|---|---|---|---|---|---|
| LT | ₹3,999.00 | 31.21 | 5,49,945 | 0.95% | 4,988 | +13.98% | 67,942 | +6.69% | 14.57% |
| RVNL | ₹210.05 | 48.80 | 43,897 | 0.81% | 160 | +18.46% | 4,321 | +10.55% | 10.80% |
| KPIL | ₹1,424.40 | 21.89 | 24,326 | 0.77% | 312 | +45.15% | 6,408 | +3.84% | 18.28% |
| IRB | ₹19.25 | 23.64 | 23,250 | 0.81% | 306 | +51.26% | 2,137 | +1.82% | 7.47% |
| NBCC | ₹86.00 | 33.93 | 23,220 | 1.16% | 158 | +17.18% | 2,260 | −5.51% | 29.32% |
| CEMPRO | ₹1,316.90 | 37.63 | 22,635 | 0.23% | 141 | +2.62% | 2,721 | +5.61% | 32.76% |
| CMPDI | ₹240.12 | 26.21 | 17,135 | 0.44% | 116 | +53.88% | 481 | +17.62% | 38.06% |
| Median: 118 Co. | ₹141.10 | 16.59 | 679 | 0.00% | 11 | +18.23% | 168 | +11.50% | 15.70% |
Filings
Annual reports15
Annual Report 2026bseAnnual Report 2025bseAnnual Report 2024bseAnnual Report 2023bseAnnual Report 2022bseAnnual Report 2021bseAnnual Report 2020bseAnnual Report 2019bseAnnual Report 2018bseAnnual Report 2017bseAnnual Report 2016bseAnnual Report 2015bseAnnual Report 2014bseAnnual Report 2013bseAnnual Report 2012bse
Concall transcripts104
TranscriptJul 2026PPTJul 2026RECJul 2026TranscriptMay 2026PPTMay 2026TranscriptJan 2026PPTJan 2026RECJan 2026TranscriptOct 2025PPTOct 2025RECOct 2025TranscriptJul 2025PPTJul 2025RECJul 2025TranscriptMay 2025PPTMay 2025TranscriptJan 2025PPTJan 2025TranscriptOct 2024PPTOct 2024TranscriptJul 2024PPTJul 2024PPTMay 2024RECMay 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Credit Rating 4 Sep - CRISIL reaffirmed L&T’s AAA ratings for NCDs, bank loans, fixed deposits, and A1+ commercial paper.Announcement under Regulation 30 (LODR)-Credit Rating 1 Sep - India Ratings affirmed L&T’s NCD rating at IND AAA Stable and CP rating at IND A1+.Announcement under Regulation 30 (LODR)-Scheme of Arrangement 1 Sep - NCLT admitted L&T-L&T Realty scheme petition; hearing scheduled for 6 October 2026.Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 25 Aug - L&T wins major order for three Middle East BESS projects totaling 6 GWh.Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 24 Aug - L&T signs ultra-mega gas compression EPC project in the Middle East, including two 230 kV substations.