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Larsen and Toubro Ltd

Larsen and Toubro Ltd

LT Share Price

NSE
3,964.100.72% (-28.70)
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Returns
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Construction & Engineering

DroneL&TRobotics

With a market cap of ₹5,63,141 cr, stock is ranked 8

Stock is 1.91x as volatile as Nifty

LT Stock Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Construction & Engineering

DroneL&TRobotics

With a market cap of ₹5,63,141 cr, stock is ranked 8

Stock is 1.91x as volatile as Nifty

LT Performance & Key Metrics

LT Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
33.954.380.93%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
45.526.130.80%

LT Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
83%
Analysts have suggested that investors can buy this stock

from 29 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

LT Company Profile

Larsen & Toubro Limited is a technology, engineering, construction, manufacturing and financial services company.

PE Ratio
599.46
599.46
1Y Return
12.74%
12.74%
Buy Reco %
85.71
85.71
PE Ratio
34.12
34.12
1Y Return
14.98%
14.98%
Buy Reco %
100.00
100.00
PE Ratio
26.92
26.92
1Y Return
7.94%
7.94%
Buy Reco %
100.00
100.00
PE Ratio
36.68
36.68
1Y Return
82.17%
82.17%
Buy Reco %
100.00
100.00
PE Ratio
19.90
19.90
1Y Return
40.27%
40.27%
Buy Reco %
83.33
83.33
Compare with Peers

LT Sentiment Analysis

LT Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

LT Stock Summary · May 2026

Resilient backlog and disciplined investment were the dominant messages, with management pointing to a group order book of Rs 7.40 trillion as a foundation for growth while balancing near‑term execution challenges. They struck a constructive but cautious tone, emphasizing priorities to scale and upgrade core PPM businesses, seed future engines such as data centers, green hydrogen and semiconductors, and maintain selective capital allocation to support those initiatives. At the same time they acknowledged clear tensions: sizeable Middle East exposure and supply‑chain disruptions have raised logistics and insurance costs and pressured margins in parts of the Energy portfolio, even as Infrastructure benefits from a favorable job mix and significant multi‑quarter revenue visibility. Management described active mitigation—alternate logistics, client negotiations and project rationalizations—and repositioning through concession exits and realty restructuring to free capital. Looking ahead, they reiterated FY27 targets of 10–12% growth in both order inflows and revenue, cautioned that H1 will be softer due to execution headwinds, and expect an anticipated pickup in H2 with PPM margins broadly stable.

LT Stock Growth Drivers
LT Stock Growth Drivers
9
  • Robust and Diversified Order Book Growth

    The company has built a materially larger and more diversified backlog, with the consolidated order

  • Energy and Renewables Momentum

    The Energy portfolio delivered landmark commercial progress in FY26, with annual order inflows for the

LT Stock Challenges
LT Stock Challenges
8
  • Middle East geopolitical exposure causing material execution and revenue disruption

    The West Asia/Middle East conflict materially disrupted project execution and supply chains, driving near-term revenue

  • Elevated input and logistics costs creating margin risk and constraining execution

    Logistics, insurance and other input costs have risen materially, pressuring project economics and forcing the

LT Forecast

LT Forecasts

Price

Revenue

Earnings

LT

LT

Income

Balance Sheet

Cash Flow

LT Income Statement

LT Income Statement

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Quartermar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025mar 2026jun 2026
Total Revenue68,234.8656,040.4662,655.8565,635.6576,002.1165,035.7069,367.8172,890.7484,409.4070,318.47
Operating & Other expensessubtract58,446.4748,074.0053,637.5356,769.6264,516.3455,654.9159,470.2964,050.5872,343.1459,792.60
Depreciation/Amortizationsubtract1,021.20997.921,023.841,047.001,052.421,033.301,091.771,071.741,167.951,032.28
Interest & Other Itemssubtract2,345.352,291.892,439.392,486.002,419.332,487.962,469.642,398.532,488.032,571.33
Taxes & Other Itemssubtract2,025.721,890.932,159.801,974.192,516.762,242.342,410.022,154.783,084.682,799.41
EPS31.9820.2624.6924.4339.9826.3028.5423.3738.7129.97

LT Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual report

PDF
FY 2025FY 2025

Annual report

PDF
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF
FY 2022FY 2022

Annual report

PDF

Investor Presentation

Sep 6PDF
FY 2021FY 2021

Annual report

PDF

Investor Presentation

Feb 2PDF
Nov 24PDF
Nov 4PDF
Jul 24PDF
FY 2020FY 2020

Annual report

PDF

Investor Presentation

Jun 17PDF
Jan 29PDF
Oct 30PDF
Jul 31PDF
FY 2019FY 2019

Annual report

PDF

Investor Presentation

May 11PDF
FY 2018FY 2018

Annual report

PDF
 

LT Stock Peers

LT Past Performance & Peer Comparison

LT Past Performance & Peer Comparison

Comparing 3 stocks from 
IndustrialsConstruction & Engineering

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Larsen and Toubro Ltd35.014.380.93%
GMR Airports Ltd (India)599.46-68.5010.04%
NBCC (India) Ltd34.128.431.13%
IRB Infrastructure Developers Ltd26.921.090.55%

LT Stock Price Comparison

Compare LT with any stock or ETF
Compare LT with any stock or ETF
LT
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LT Holdings

LT Shareholdings

LT Promoter Holdings Trend

LT Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

LT Institutional Holdings Trend

LT Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

LT Shareholding Pattern

LT Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding0.00%19.92%22.72%18.96%38.40%

Sep 2025

Dec 2025

Mar 2026

Jun 2026

LT Shareholding History

LT Shareholding History

MarJunSepDec '25MarJun19.80%19.11%19.28%19.85%18.78%18.96%

Mutual Funds Invested in LT

Mutual Funds Invested in LT

No mutual funds holding trends are available

Top 5 Mutual Funds holding Larsen and Toubro Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
0.6211%4.32%-1.34%4/112 (0)
0.6210%3.16%-0.19%2/87 (+9)
0.5176%5.26%-0.30%5/61 (0)

Compare 3-month MF holding change on Screener

LT Insider Trades & Bulk Stock Deals

LT Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing LT stock

smallcases containing LT stock

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Larsen and Toubro Ltd

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Infra Tracker

Infra Tracker

Created by Windmill Capital

LT's Wtg.
6.74%
6.74%
CAGR
17.25%

LT Events

LT Events

LT Dividend Trend

No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year

LT has increased or maintained dividend levels over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.93%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹9.28 every year

Dividends

Corp. Actions

Announcements

Legal Orders

LT Dividend Trend

No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year

LT has increased or maintained dividend levels over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.93%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹9.28 every year

LT Upcoming Dividends

LT Upcoming Dividends

No upcoming dividends are available

LT Past Dividends

LT Past Dividends

Cash Dividend

Ex DateEx DateMay 22, 2026

Final
Final | Div/Share: ₹38.00

Dividend/Share

38.00

Ex DateEx Date

May 22, 2026

Cash Dividend

Ex DateEx DateJun 3, 2025

Final
Final | Div/Share: ₹34.00

Dividend/Share

34.00

Ex DateEx Date

Jun 3, 2025

Cash Dividend

Ex DateEx DateJun 20, 2024

Final
Final | Div/Share: ₹28.00

Dividend/Share

28.00

Ex DateEx Date

Jun 20, 2024

Cash Dividend

Ex DateEx DateAug 2, 2023

Final
Final | Div/Share: ₹24.00

Dividend/Share

24.00

Ex DateEx Date

Aug 2, 2023

Cash Dividend

Ex DateEx DateAug 2, 2023

Special
Special | Div/Share: ₹6.00

Dividend/Share

6.00

Ex DateEx Date

Aug 2, 2023

LT Stock News & Opinions

LT Stock News & Opinions

Spotlight
Spotlight
CRISIL Ratings reaffirmed ‘CRISIL AAA’ ratings for Larsen & Toubro’s debentures, loans, and commercial paper

Larsen & Toubro Ltd announced that CRISIL Ratings Limited (CRISIL) has assigned/reaffirmed a ‘CRISIL AAA’ with a Stable Outlook credit rating to the company’s Non-Convertible Debentures (NCDs), while also reaffirming the ratings of bank loan facilities and fixed deposits at ‘CRISIL AAA/Stable’ and the commercial paper rating at ‘CRISIL A1+’; no enhancements, assignments, or withdrawals were indicated by CRISIL, and the rating details are available at https://www.crisil.com/mnt/winshare/Rating s/RatingList/RatingDoc s/LarsenandToubroLi mited_September%2003_%202026_RR_404923.html.

2 days agoCapital Market - Live
Spotlight
Spotlight
India Ratings affirms ‘IND AAA’ and ‘IND A1+’ credit ratings for Larsen & Toubro

Larsen & Toubro Ltd announced that India Ratings & Research Private Limited (India Ratings) has affirmed its credit rating of ‘IND AAA’ with a Stable Outlook for Larsen & Toubro Limited’s Non-Convertible Debentures (NCDs) and a credit rating of ‘IND A1+’ for its Commercial Paper, with no enhancements, assignments, or withdrawals noted; the rating agencies published the rating, and the disclosure is pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

5 days agoCapital Market - Live
Spotlight
Spotlight
Larsen & Toubro's Renewables business secures a major order valued between Rs 1,000 and Rs 2,500 crore

Larsen & Toubro Ltd. remains at Rs 4080.8, with the stock having risen 0.41% over the last one week. Larsen & Toubro’s Renewables business has secured a major order to develop three Battery Energy Storage System (BESS) projects in the Middle East, contributing a collective 6 gigawatt-hour of storage capacity. The projects, which include grid interconnections and pooling substations, will utilize a 4-hour BESS each and incorporate liquid cooling technology, supporting grid stability and renewable energy integration. Larsen & Toubro, a USD 32 billion Indian multinational, classified the order as "major," falling within the Rs 1,000 to Rs 2,500 crore range, and highlights the company's position as a key EPC player in the expanding energy storage sector. Trading volume reached 2.05 lakh shares today, a decrease of 84.87% compared to the one-week average volume. Larsen & Toubro Ltd. edged up by 13.26% year-over-year, outperforming the 3.0% loss registered by the NIFTY50 index.

1 week agoCapital Market - Live
Spotlight
Spotlight
Larsen & Toubro's LTEH Onshore secures Rs 15,000 crore EPC contract for a Middle East gas compression project

Larsen & Toubro Ltd. remains at Rs 4088.1, with the stock having risen 0.03% over the last one week. Larsen & Toubro’s Energy Hydrocarbon Onshore (LTEH Onshore) has secured a contract for an ultra-mega gas compression facilities project in the Middle East, following a letter of award issued in fiscal year 2026. The project, valued at over Rs 15,000 Cr, encompasses the engineering, procurement, and construction (EPC) of gas compression plants, including associated utilities, and will also involve the execution of two 230 kV extra-high-voltage substations by L&T’s Power Transmission & Distribution business. According to Senior Vice President E S Sathyanarayanan, the contract represents a strategically important venture that leverages L&T’s extensive experience in hydrocarbon facilities and reinforces its capabilities in sour gas applications. Trading volume reached 53270 shares today, a decrease of 95.0% compared to the one-week average volume. Larsen & Toubro Ltd. edged up by 13.69% year-over-year, outperforming the 3.32% loss recorded by the NIFTY50 index.

1 week agoCapital Market - Live
Spotlight
Spotlight
Larsen & Toubro secures order worth Rs 1,000-Rs 2,500 crore for Dubai airport’s APM system

Larsen & Toubro Ltd. remains at Rs 4054.9, after recent declines saw the stock slip 0.39% over the last week. Larsen & Toubro has secured a large order, valued between Rs 1,000 and Rs 2,500 Cr, to design and build the Automated People Mover (APM) System for Phase 1 of Al Maktoum International Airport in Dubai, in consortium with Japan’s Mitsubishi Heavy Industries (MHI). The project, undertaken by Dubai Aviation City Corporation, involves turnkey delivery of the APM system, including infrastructure, systems, and testing, with L&T responsible for design, procurement, delivery, and integration of critical components. This project strengthens L&T’s position in the railway and transit sector across West Asia, building on its existing experience with metro projects in Mumbai, Dhaka, and Jakarta. Larsen & Toubro is a USD 32 billion Indian multinational. Trading volume reached 2.67 lakh shares today, a decline of 88.38% compared to the one-week average volume. Larsen & Toubro Ltd. posted a modest gain of 12.88% year-over-year, outperforming the 3.61% loss registered by the NIFTY50 index.

2 weeks agoCapital Market - Live
Spotlight
Spotlight
Larsen & Toubro secures ultra-mega order exceeding Rs 15,000 crore from a Middle Eastern client

Larsen & Toubro Ltd. remains at Rs 4044.6 today, after declining 0.87% over the last one week. Larsen & Toubro's Energy Hydrocarbon Offshore (LTEH Offshore) has secured an ultra-mega order, classified as exceeding Rs 15,000 Cr, from a Middle Eastern client for a strategic offshore development project involving engineering, procurement, construction, installation, and commissioning (EPCIC) of multiple offshore facilities, with a significant portion of fabrication occurring at L&T's facilities. The order, announced August 17, 2026, reinforces L&T's presence in the Middle East and reflects confidence in its ability to execute large, complex projects, according to T Madhava Das, Whole-time Director and Head - Energy Hydrocarbon Division, while Parthasarathi Chatterjee, Senior Vice President & Head – L&T Energy Hydrocarbon Offshore, highlighted the company’s integrated EPCIC approach for such undertakings. Larsen & Toubro is a USD 32 billion Indian multinational. Trading volume reached 2.53 lakh shares today, a decrease of 76.67% compared to the one-week average volume. Larsen & Toubro Ltd marginally improved 10.00% year-over-year, outperforming the 1.08% loss registered by the NIFTY50 index.

2 weeks agoCapital Market - Live
Spotlight
Spotlight
Larsen & Toubro secures mega order valued between Rs 10,000 crore and Rs 15,000 crore with Together AI

Larsen & Toubro Ltd. remains at Rs 3993.85, after recent declines saw the stock slip 1.39% over the last week. Larsen & Toubro has secured a "mega" order, classified as being valued between Rs 10,000 Cr and Rs 15,000 Cr, as part of a strategic partnership with Together AI to build India’s largest NVIDIA B300 AI Factory. Through its AI infrastructure subsidiary, LTN Compute, an entity of L&T's Vyoma. AI, the company will deploy NVIDIA B300 infrastructure at its Chennai data centre campus to power Together AI’s AI-native cloud platform, utilizing a capacity of 10,000 B300 NVIDIA GPUs, and marking a significant milestone in L&T's Gigawatt AI Infrastructure Mission. The project will strengthen India's AI infrastructure ecosystem and supports global innovation, with Vyoma’s Chennai data centre campus initially designed for 250 MW and power infrastructure readiness of 150 MVA. Trading volume reached 1.24 lakh shares today, a 46.75% increase compared to the average volume over the last one week. Larsen & Toubro Ltd. rose 8.15% year-over-year, outperforming the NIFTY50 index which declined by 0.21%.

3 weeks agoCapital Market - Live
Spotlight
Spotlight
Larsen & Toubro secures Rs 1000 to Rs 2500 crore orders from ONGC for offshore projects

Larsen & Toubro Ltd. is currently trading at Rs 4040.1, down 0.53%, while the stock has risen 2.57% over the last one week. Larsen & Toubro's (L&T) Energy Hydrocarbon Offshore (LTEH Offshore) business has secured orders from the Oil & Natural Gas Corporation (ONGC) for the Pipeline Replacement Project (PRP-X) and Well Head Platforms Project off India's west coast, classified as "Major" orders with a combined value of Rs 1,000 to Rs 2,500 Cr. The projects involve engineering, procurement, construction, installation, and commissioning (EPCIC) work for subsea pipelines and four wellhead platforms, reinforcing L&T's position as a key partner in India's offshore energy infrastructure development, according to Senior Vice President Parthasarathi Chatterjee. Larsen & Toubro, a USD 32 billion multinational, continues to focus on technology and quality across its diverse EPC and manufacturing operations. Trading volume reached 5.09 lakh shares today, a decrease of 70.95% compared to the average volume over the last one week. Larsen & Toubro Ltd marginally improved 10.94% year-over-year, outperforming the 0.25% gain in the NIFTY50 index.

1 month agoCapital Market - Live
Spotlight
Spotlight
L&T Energy Hydrocarbon Offshore secures Rs 15,000 crore order from ADNOC Offshore for offshore development

Larsen & Toubro Ltd. remains at Rs 4023.6, after recently rising and gaining 5.00% over the last week. Larsen & Toubro Limited announced that its subsidiary, L&T Energy Hydrocarbon Offshore (LTEH Offshore), has secured an ultra-mega order from ADNOC Offshore for a major offshore development project in the Middle East, executed through a consortium with LTEH Offshore as the lead partner. The project, valued at over Rs 15,000 Cr, encompasses engineering, procurement, construction, installation, and commissioning (EPCIC) of new facilities and upgrades to existing ones, with a significant portion of fabrication work to be undertaken at L&T’s facilities. According to Chairman & Managing Director S N Subrahmanyan, the award underscores client trust in L&T’s capabilities and commitment to supporting the UAE’s energy ambitions. Trading volume reached 4.46 lakh shares today, a decrease of 73.79% compared to the one-week average volume. Larsen & Toubro Ltd. edged up by 10.81% year-over-year, outperforming the 0.21% gain in the NIFTY50 index.

1 month agoCapital Market - Live
Spotlight
Spotlight
Larsen & Toubro secures Rs 15,000 crore "Mega" project from NTPC for Chhattisgarh thermal power plant

Larsen & Toubro Ltd. is currently down 0.56% to Rs 3909.5, after recently rising and gaining 3.09% over the last one week. Larsen & Toubro’s Energy CarbonLite Solutions has secured a Limited Notice to Proceed (LNTP) from NTPC Ltd. for the main plant package of the 2x800 MW Lara Stage-III thermal power plant in Chhattisgarh, involving the construction of two ultra-supercritical generating units. The project, classified as "Mega" with a value exceeding Rs 15,000 Cr, encompasses design, engineering, manufacturing, supply, erection, testing, and commissioning of key components and associated works on an EPC basis. Once commissioned, the plant will add 1,600 MW of power generation capacity to India’s grid, and the award marks L&T’s third ultra-supercritical project from NTPC in the past two years. Trading volume reached 3.4 lakh shares today, a decrease of 73.36% compared to the one-week average volume. Larsen & Toubro Ltd marginally improved 6.67% year-over-year, outperforming the 2.3% loss registered by the NIFTY50 index.

1 month agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. The share price of LT as on 4th September 2026 is ₹3964.10. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. The past returns of Larsen and Toubro Ltd (LT) share are
    • Past 1 week: -2.00%
    • Past 1 month: -1.08%
    • Past 3 months: 1.16%
    • Past 6 months: 2.71%
    • Past 1 year: 11.01%
    • Past 3 years: 47.10%
    • Past 5 years: 135.39%

  3. The current dividend yield of Larsen and Toubro Ltd (LT) is 0.93.

  4. Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Larsen and Toubro Ltd (LT) is ₹563141.99 Cr as of 4th September 2026.

  5. The 52-week high of Larsen and Toubro Ltd (LT) is ₹4440 and the 52-week low is ₹3288.10.

  6. The P/E (price-to-earnings) ratio of Larsen and Toubro Ltd (LT) is 35.01. The P/B (price-to-book) ratio is 4.38.

  7. Larsen and Toubro Ltd (LT) belongs to the Industrials sector & Construction & Engineering sub-sector.

  8. You can directly buy Larsen and Toubro Ltd (LT) shares on Tickertape. Simply sign up, connect your demat account and place your order.