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Larsen and Toubro Ltd

LT Share Price

3,681.300.11% (-4.20)
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Construction & Engineering

Green HydrogenDroneL&T

With a market cap of ₹5,06,961 cr, stock is ranked 12

Stock is 1.86x 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

Green HydrogenDroneL&T

With a market cap of ₹5,06,961 cr, stock is ranked 12

Stock is 1.86x as volatile as Nifty

LT Performance & Key Metrics

LT Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
31.954.390.92%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
40.345.980.67%

LT Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
90%
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
-246.95
-246.95
1Y Return
3.97%
3.97%
Buy Reco %
100.00
100.00
PE Ratio
54.89
54.89
1Y Return
7.38%
7.38%
Buy Reco %
100.00
100.00
PE Ratio
4.10
4.10
1Y Return
27.24%
27.24%
Buy Reco %
66.67
66.67
PE Ratio
41.11
41.11
1Y Return
10.48%
10.48%
Buy Reco %
77.27
77.27
PE Ratio
24.18
24.18
1Y Return
19.30%
19.30%
Buy Reco %
0.00
0.00
Compare with Peers

LT Sentiment Analysis

LT Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

LT Stock Summary · July 2025

In Q1 FY26, the company demonstrated strong revenue growth, particularly in the Infrastructure and Energy segments, with group revenues reaching Rs.637 billion, driven by robust order inflows and a promising prospects pipeline. Despite challenges in margin performance due to rising costs and competitive pressures, management remains optimistic about future growth, particularly in the real estate sector, where significant unit launches and strategic land acquisitions are planned. The Indian economy's resilience amid global volatility supports this outlook, although geopolitical uncertainties may impact international order dynamics. Operational efficiency is being enhanced through innovative construction methods, while ongoing investments in engineering talent aim to address labor availability issues. Overall, the company is well-positioned to capitalize on emerging opportunities while navigating the complexities of market competition and execution challenges.

LT Stock Growth Drivers
LT Stock Growth Drivers
9
  • Strong Financial Performance

    In Q1 FY26, Larsen & Toubro Limited reported a robust financial performance with group order

  • Significant Contract Wins

    L&T Energy GreenTech secured a significant contract to Build, Own and Operate a 10-KTPA green

LT Stock Challenges
LT Stock Challenges
6
  • Declining Margins and Cost Pressures

    The company has reported a decrease in EBITDA margins across several segments. In the Infrastructure

  • Mixed Performance in Development Projects

    The Development Project Segment has shown mixed financial performance, particularly with Nabha Power experiencing a

LT Forecast

LT Forecasts

Price

Revenue

Earnings

LT

LT

Income

Balance Sheet

Cash Flow

LT Income Statement

LT Income Statement

Industry refers to the sub-sector this company belongs to.
Higher than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 11.89%, vs industry avg of 10.18%

Increasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 46.1% to 49.13%

Lower than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 9.51%, vs industry avg of 26.62%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue1,11,058.351,21,442.841,37,920.901,48,467.831,47,646.301,58,885.241,86,946.182,25,385.382,60,334.052,69,329.31
Raw Materialssubtract36,648.5440,876.2446,889.8746,705.8741,333.8651,676.5563,285.3275,319.9992,583.602,30,578.40
Power & Fuel Costsubtract1,423.191,399.622,205.602,079.841,581.332,267.262,655.762,745.192,534.42
Employee Costsubtract13,853.9715,270.7917,466.4023,114.0024,750.5429,695.7937,214.1141,171.0246,768.68
Selling & Administrative Expensessubtract4,276.794,583.275,083.675,266.743,047.153,581.204,658.984,915.305,526.44
Operating & Other expensessubtract36,769.9137,736.6540,708.9343,732.8145,361.9344,986.5449,075.2967,522.2775,296.16
Depreciation/Amortizationsubtract2,369.932,223.481,923.032,462.272,904.212,947.953,502.253,682.334,121.184,156.56
Interest & Other Itemssubtract6,828.667,713.639,338.7311,020.7811,749.589,234.989,445.449,512.179,924.789,832.68
Taxes & Other Itemssubtract2,846.134,269.305,399.544,536.495,334.775,825.646,638.317,458.008,541.688,893.09
EPS43.2052.6363.5268.0582.4961.7174.5193.95109.37115.39
DPS9.3316.0018.0018.0036.0022.0024.0034.0034.0034.00
Payout ratio0.220.300.280.260.440.360.320.360.310.29

LT Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
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
FY 2017FY 2017

Annual report

PDF
 

LT Stock Peers

LT Past Performance & Peer Comparison

LT Past Performance & Peer Comparison

Comparing 3 stocks from 
IndustrialsConstruction & Engineering

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Larsen and Toubro Ltd33.714.390.92%
GMR Airports Ltd-246.95-54.62
NBCC (India) Ltd54.8911.120.61%
IRB Infrastructure Developers Ltd4.101.340.68%

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%20.09%22.91%19.11%37.89%

Sep 2024

Dec 2024

Mar 2025

Jun 2025

LT Shareholding History

LT Shareholding History

MarJunSepDec '24MarJun24.36%22.85%21.71%20.83%19.80%19.11%

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)
0.8925%6.27%0.18%5/83 (0)
0.5282%5.08%0.05%4/50 (0)
0.4696%2.34%-0.01%8/297 (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

Looks like this stock is not in any smallcase yet.

LT Events

LT Events

LT Dividend Trend

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 0.92%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹9.22 every year

Dividends

Corp. Actions

Announcements

Legal Orders

LT Dividend Trend

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 0.92%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹9.22 every year

LT Upcoming Dividends

LT Upcoming Dividends

No upcoming dividends are available

LT Past Dividends

LT Past Dividends

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

Cash Dividend

Ex DateEx DateJul 21, 2022

Final
Final | Div/Share: ₹22.00

Dividend/Share

22.00

Ex DateEx Date

Jul 21, 2022

LT Stock News & Opinions

LT Stock News & Opinions

Corporate
Larsen & Toubro wins grid infrastructure orders in India and UAE

The Power Transmission & Distribution (PT&D) business vertical of Larsen & Toubro has won grid infrastructure orders in India and abroad. The orders include Distribution SCADA and Dynamic Reactive Power Compensation devices. According to the company's project classification, the orders are valued in range of Rs 2,500 crore to Rs 5,000 crore. In India, the order pertains to revamping power distribution with SCADA and smart technology integration in two towns. Jobs pertaining to distribution transformer station and conversion of overhead electrical lines into underground cabling are also in the scope. In UAE, the order pertains to design, delivery and construction of two '300 MVAr STATCOM systems. These will be installed at the existing 400 kV substations for dynamic reactive power compensation. STATCOM provides automated and instantaneous response to deter system fluctuations, and the power quality improves as it injects or absorb reactive power in real time, thereby stabilising the voltage. Another order has been received from Oman for establishing a 400/132 kV grid station, along with associated 400 kV transmission line segment. These orders reinforce L&T's commitment to building future-ready grid infrastructure that supports energy transition and sustainability goals of its valued customers.Powered by Capital Market - Live

1 day agoCapital Market - Live
Spotlight
L&T's PT&D vertical division bags 'large' orders from India & overseas

As per the company's classification, the value of these contracts ranges between Rs 2,500 crore and Rs 5,000 crore. The domestic orders include projects for revamping power distribution with SCADA and smart technology integration in two towns. The scope also covers distribution transformer stations and conversion of overhead electrical lines into underground cabling. In the UAE, L&T has secured an order for the design, delivery, and construction of two '300 MVAr STATCOM systems to be installed at existing 400 kV substations. These systems will provide dynamic reactive power compensation by injecting or absorbing reactive power in real time, thereby stabilizing voltage and improving power quality. Another order has been received from Oman for establishing a 400/132 kV grid station, along with an associated 400 kV transmission line segment. Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services. The company reported a 30% jump in consolidated net profit to Rs 3,617.19 crore on a 16% rise in revenue to Rs 63,678.92 crore in Q1 FY26 as compared with Q1 FY25. Shares of Larsen & Toubro rose 0.70% to Rs 3692.70 on the BSE.Powered by Capital Market - Live

1 day agoCapital Market - Live
Corporate
Larsen & Tourbo wins 2X1000 Mwe Kudankulam Nuclear Power Project

The Heavy Civil Infrastructure (HCI) business vertical of Larsen & Tourbo has won a significant order from Nuclear Power Corporation of India (NPCIL) for 2X1000 Mwe Kudankulam Nuclear Power Project (KKNPP - 5 & 6) in Tamil Nadu. According to the company's project classification, the value of this order ranges between Rs 1,000 crore to Rs 2,000 crore. The scope encompasses the mechanical package for the project, including installation of the nuclear reactor and turbine systems (with generator and condenser), sea water systems, polar and trestle cranes, and other related equipment. It also includes accessories, piping, supports, structural steelwork, painting, anti-corrosion coating, insulation and full testing across various buildings and structures on site. The order reinforces L&T's track record and proven expertise in delivering complex and large-scale nuclear power infrastructure projects for India's clean energy mission.Powered by Capital Market - Live

2 days agoCapital Market - Live
Spotlight
L&T gains after HCI biz bags 'significant' order from NPCIL

As per L&T's classification, the value of the 'Significant' contract is between Rs 1,000 to 2,000 crore. The company will install 2x1000 Mwe Kudankulam Nuclear Power Project (KKNP-5&6). The scope encompasses the mechanical package for the project, including installation of the nuclear reactor and turbine systems (with generator and condenser), sea water systems, polar and trestle cranes, and other related equipment. It also includes accessories, piping, supports, structural steelwork, painting, anti-corrosion coating, insulation and full testing across various buildings and structures on site. Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services. The company reported 30% jump in consolidated net profit to Rs 3,617.19 crore on a 16% rise in revenue to Rs 63,678.92 crore in Q1 FY26 as compared with Q1 FY25.Powered by Capital Market - Live

2 days agoCapital Market - Live
Spotlight
L&T wins large NHSRCL order for bullet train track work

As per L&T's order classification, a large order falls in the range of Rs 2,500 crore to Rs 5,000 crore. The contract pertains to Package T1, which spans from Mumbai's Bandra-Kurla Complex to Zaroli village near the Maharashtra-Gujarat border. The project includes the design, supply, construction, testing, and commissioning of track-works on a design-build lump sum price basis. The scope covers over 21 km of underground tracks, aligned with civil packages C1 and C2, and 135 km of elevated viaduct sections under package C3. The track system will utilize the Japanese Shinkansen J Slab Track Technology, designed to support train speeds of up to 320 kmph. The technology is known for offering better ride quality, increased service life and maintainability. Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services. The company reported 30% jump in consolidated net profit to Rs 3,617.19 crore on a 16% rise in revenue to Rs 63,678.92 crore in Q1 FY26 as compared with Q1 FY25. The counter rose 0.68% to Rs 3,603.90 on the BSE. Powered by Capital Market - Live

3 days agoCapital Market - Live
Corporate
Larsen & Toubro wins large order from National High Speed Rail Corporation

 The Transportation Infrastructure business vertical of Larsen & Toubro has won a large order from the National High Speed Rail Corporation (NHSRCL) to construct 156 Route Km (RKM) of high-speed ballastless track (Package T1) for the Mumbai Ahmedabad High Speed Rail (MAHSR) Corridor. According to the company's project classification, the order is valued in the range of Rs 2,500 crore to Rs 5,000 crore.   The scope includes design, supply, construction, testing & commissioning of track-works, on Design-Build Lump Sum Price basis, between Mumbai (Bandra-Kurla complex) and Zaroli village in Gujarat. This also includes over 21 km of track-works in underground sections (corresponding to Civil packages of C1, C2) and 135 km of track on the elevated viaduct sections (Pkg C3). This is the second track-work package that L&T has won in MAHSR. In April 2022, NHSRCL had awarded the Package T3 (116 km) from south of Vadodara city to Sabarmati depot to L&T and the project is progressing rapidly. With the latest order, L&T is now responsible for over 50% of the track-works in MAHSR. Japanese Shinkansen J Slab Track Technology is being adopted for the track-works, enabling up to 320 kmph speed, better ride quality, increased service life and maintainability. Powered by Capital Market - Live

3 days agoCapital Market - Live
Corporate
Larsen & Toubro allots 44,148 equity shares under ESOS

Larsen & Toubro has allotted 44,148 equity shares under ESOS on 13 September 2025. Powered by Capital Market - Live

5 days agoCapital Market - Live
Corporate
L&T Energy GreenTech and ITOCHU to jointly develop 300 TPA green ammonia project at Kandla

L&T Energy GreenTech (LTEG), a wholly-owned subsidiary of Larsen & Toubro (L&T), has entered into a Joint Development Agreement with ITOCHU Corporation of Japan to develop and commercialise a 300 KTPA green ammonia project at Kandla in Gujarat. Under the agreement, LTEG and ITOCHU will collaborate on the development of the green ammonia facility, with ITOCHU planning to offtake the product for bunkering applications in Singapore. The partnership marks a significant step in advancing clean energy solutions for the maritime sector and aligns with both L&T and ITOCHU's commitment to sustainability and decarbonisation. L&T had last year acquired a sizeable land parcel at Kandla for the development of green hydrogen and green ammonia projects. The latest collaboration supports LTEG's strategic vision to establish a presence across the green energy value chain and complements ITOCHU's initiatives to introduce low-carbon ammonia as a zero-emission marine fuel.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Larsen & Toubro wins order for 6,400 MW thermal power capacity from Adani Power

Larsen & Toubro (L&T) has secured an ultra-mega contract from Adani Power to set up eight state-of-the-art thermal power units, each with a capacity of 800 MW, totaling 6,400 MW of new generation capacity. The order will be executed by L&T Energy - CarbonLite Solutions (LTECLS), the company's specialized business vertical for advanced power and low-carbon technologies. According to the company's project classification, the value of the order is above Rs 15,000 crore. The scope of work encompasses the complete design, engineering, manufacturing, supply, and commissioning of Boiler-Turbine-Generator (BTG) packages, along with auxiliaries and associated mechanical, electrical and control & instrumentation (C&I) systems. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
L&T edges higher after bagging 'ultra-mega' thermal power project from Adani Power

The order will be executed by L&T Energy ' CarbonLite Solutions (LTECLS), the company's specialized business vertical for advanced power and low-carbon technologies. The scope of work encompasses the complete design, engineering, manufacturing, supply, and commissioning of boiler-turbine-generator (BTG) packages, along with auxiliaries and associated mechanical, electrical and control & instrumentation (C&I) systems. Subramanian Sarma, Deputy Managing Director & President, L&T, added: 'In today's dynamic energy landscape, where India's demand for reliable and affordable power continues to grow, this order from the Adani Group reinforces our role as a leading partner in building the country's critical energy infrastructure'. As per L&T's classification, the value of the 'ultra-mega' contract is greater than Rs 15,000 crore. Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services. The company reported 30% jump in consolidated net profit to Rs 3,617.19 crore on a 16% rise in revenue to Rs 63,678.92 crore in Q1 FY26 as compared with Q1 FY25. Powered by Capital Market - Live

1 month agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Larsen and Toubro Ltd (LT) today?

    The share price of LT as on 18th September 2025 is ₹3681.30. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Larsen and Toubro Ltd (LT) share?

    The past returns of Larsen and Toubro Ltd (LT) share are
    • Past 1 week: 2.99%
    • Past 1 month: -0.87%
    • Past 3 months: 1.74%
    • Past 6 months: 16.14%
    • Past 1 year: -0.26%
    • Past 3 years: 91.95%
    • Past 5 years: 306.65%

  3. What are the peers or stocks similar to Larsen and Toubro Ltd (LT)?
  4. What is the dividend yield % of Larsen and Toubro Ltd (LT) share?

    The current dividend yield of Larsen and Toubro Ltd (LT) is 0.92.

  5. What is the market cap of Larsen and Toubro Ltd (LT) share?

    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 ₹506961.16 Cr as of 18th September 2025.

  6. What is the 52 week high and low of Larsen and Toubro Ltd (LT) share?

    The 52-week high of Larsen and Toubro Ltd (LT) is ₹3963.50 and the 52-week low is ₹2965.30.

  7. What is the PE and PB ratio of Larsen and Toubro Ltd (LT) stock?

    The P/E (price-to-earnings) ratio of Larsen and Toubro Ltd (LT) is 33.71. The P/B (price-to-book) ratio is 4.39.

  8. Which sector does Larsen and Toubro Ltd (LT) belong to?

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

  9. How to buy Larsen and Toubro Ltd (LT) shares?

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