Larsen & Toubro Ltd.

NSE: LT

BSE: 500510

Sector: Construction

Industry Group: Construction

Industry: Civil Construction

3,636.00-39.0 (-1.06%)

14 Oct, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

45.0 / 100

Value Score

55.8 / 100

Price Momentum Score

56.9 / 100

QVM Score

51.6 / 100

Key Metrics

Market Cap

5,00,275 Cr

P/E (TTM)

30.16

P/B

4.58

P/S (TTM)

1.72

EV/EBITDA

18.97

CAPE (5Y)

38.04

ROE (TTM)

15.54

ROCE (TTM)

9.51

ROA (TTM)

3.87

Avg 3Y ROE

15.58

Earnings 3Y CAGR

14.60

Sales 3Y CAGR

14.09

Sales 5Y CAGR

15.03

Debt/Equity

1.15

Consensus TP

4466.50

Strong Buy %

41.38

Promoter Holding

Pledged %

Stock Analysis

Fundamental analysis overview of Larsen & Toubro Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

High and stable ROE

The company reported strong ROE of 15.54% for 12-month ended 30 Jun 2026 and ROE declined marginally by -80 bps from 1 year ago

What is ROE (FY)?

Consistently pays dividend

The company has not missed dividend payments once in the last 10 financial years

What is Dividend streak?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 30.16 indicates that the stock is expensive on a standalone basis and is at a 104.75% premium to industry median P/E

What is P/E Ratio?

Median: 14.73

Value 30.16

0.081930.32

Analysts have been downgrading forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has decreased by -0.53% in the last 3 months, indicating weak earnings momentum

What is Earnings upgrade (3M)?

Low but stable operating margin

The company reported low operating margin of 8.47% for 12-month ended 30 Jun 2026 and operating margin declined marginally by -23 bps from 1 year ago

What is Operating profit margin?

Low revenue growth and in line with median growth of industry

The company delivered low revenue growth of 9.78% for 12-month ended 30 Jun 2026 and the growth was 1.42 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 8.36

Value 9.78

-90.256675.73

Neutral

Low EPS growth but above median growth of industry

The company delivered low EPS growth of 4.52% for 12-month ended 30 Jun 2026 but the growth was 5.63 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Reasonable Debt to Equity, and has been stable

The company has reasonable Debt to Equity of 1.15 as on 30 Jun 2026 and Debt to Equity decreased marginally by 0.21 in the last 1 year

What is Debt to Equity?

Company's earnings are of moderate quality

Earnings quality score of 59.4 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

59.4 / 100

Moderate dividend yield

The company has a moderate dividend yield of 1.05%

What is Dividend yield?

Financial Snapshot

See detailed analysis

Multi-year trends for Larsen & Toubro Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Larsen & Toubro Ltd. Shareholding Pattern

Quarterly breakdown of Larsen & Toubro Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	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
Total Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Indian Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	55.27	55.33	53.94	54.91	55.71	55.86	56.20	56.18	56.14	55.93	62.83	63.28	63.34	63.54	63.10	63.06	62.67	61.98	62.39	62.66	62.75	63.05	63.07	63.29	62.35	62.39
Mutual Funds / UTI	19.19	17.15	16.57	14.86	15.35	15.49	16.31	16.76	17.67	18.25	17.94	17.66	17.60	17.46	16.59	17.01	17.85	18.13	19.14	19.68	19.94	20.31	20.55	20.37	20.50	20.10
FI/Bank/Insurance	18.66	18.76	18.86	18.20	17.40	16.81	16.27	15.43	15.31	15.81	20.04	19.65	18.49	17.85	17.92	17.58	17.46	17.99	18.75	19.13	19.84	20.09	19.44	18.72	18.82	18.77
Govt	0.38	0.50	0.50	0.50	0.52	0.23	0.23	0.23	0.23	0.23	0.23	0.23	0.23	0.23	0.23	0.23	0.23	0.24	0.24	0.24	0.24	0.24	0.24	0.24	0.25	0.25
FII	16.90	18.77	17.89	21.11	22.01	22.88	22.86	23.24	22.42	21.09	22.12	23.24	24.48	25.29	25.72	25.50	24.36	22.85	21.72	20.83	19.80	19.33	19.48	20.06	18.78	19.13
Other Institutions	0.15	0.15	0.11	0.23	0.43	0.46	0.53	0.51	0.52	0.56	2.51	2.50	2.55	2.70	2.65	2.75	2.77	2.77	2.55	2.77	2.93	3.08	3.35	3.90	4.00	4.14
Non-Institution	44.72	44.67	46.06	45.09	44.28	44.14	43.80	43.82	43.86	44.07	37.17	36.69	36.65	36.46	36.89	36.94	37.33	38.01	37.61	37.35	37.25	36.95	36.93	36.71	37.65	37.60
Bodies Corporate	2.08	1.36	1.23	1.19	1.11	1.11	1.13	1.20	1.20	1.19	1.08	1.09	1.15	1.06	1.06	1.11	1.11	1.19	1.13	0.98	0.98	0.99	1.00	0.97	1.05	1.10
Others (incl. Retail) No. of shareholders	42.64 12,45,590	43.31 13,45,132	44.83 14,96,308	43.90 13,92,527	43.17 13,65,701	43.03 13,63,517	42.67 13,40,540	42.62 13,78,760	42.66 14,85,719	42.88 15,49,414	36.09 14,71,980	35.60 14,11,399	35.50 14,18,201	35.40 14,16,229	35.83 14,00,052	35.83 14,47,339	36.22 15,56,411	36.82 17,28,245	36.48 16,80,825	36.37 16,66,854	36.27 16,98,030	35.96 16,73,189	35.93 16,62,726	35.74 16,21,711	36.60 17,92,222	36.50 17,86,021

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	SHI: Civil Construction	14.76%	1 / 20
2	Nifty 50	4.2%	5 / 50
3	Nifty 100	3.41%	5 / 100
4	Nifty 100 Low Volatility 30	2.86%	28 / 30
5	Nifty 500	2.3%	5 / 496
6	Nifty Total Market	2.2%	5 / 746
7	Nifty 50 Equal Weight	1.98%	32 / 50
8	NIFTY Large Midcap 250	1.72%	5 / 248
9	Nifty 100 Equal Weight	0.99%	61 / 100

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Larsen & Toubro Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Average price	Qty.	Transaction value
IMRANKHAN BABU MAZHAR ALIKHAN Designated Person	June-2024	Market Sale (Disposal) 5th Jun 2024	₹ 3,902.07	300.00	₹ 11.71 lac
SRAVANKUMAR Y V S Designated Person	June-2024	Market Sale (Disposal) 5th Jun 2024	₹ 3,575.00	100.00	₹ 3.58 lac
SRAVANKUMAR Y V S Designated Person	June-2024	Market Sale (Disposal) 5th Jun 2024	₹ 3,550.00	100.00	₹ 3.55 lac
SEN DK Designated Person	June-2024	Market Purchase (Acquisition) 5th Jun 2024	₹ 3,242.00	1.00 k	₹ 32.42 lac
SRAVANKUMAR Y V S Designated Person	June-2024	Market Sale (Disposal) 5th Jun 2024	₹ 3,875.00	100.00	₹ 3.88 lac
SEN DK Designated Person	June-2024	Market Purchase (Acquisition) 5th Jun 2024	₹ 3,375.00	900.00	₹ 30.38 lac
VISHAL GUPTA Designated Person	April-2024	Market Sale (Disposal) 6th Apr 2024	₹ 3,395.82	100.00	₹ 3.40 lac
VISHAL GUPTA Designated Person	April-2024	Market Sale (Disposal) 6th Apr 2024	₹ 3,390.00	100.00	₹ 3.39 lac
VISHAL GUPTA Designated Person	April-2024	Market Sale (Disposal) 6th Apr 2024	₹ 3,300.00	100.00	₹ 3.30 lac
CHIRAG R. SHAH Designated Person	March-2024	Market Sale (Disposal) 29th Mar 2024	₹ 3,749.00	100.00	₹ 3.75 lac

…

Corporate Actions

History of Larsen & Toubro Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 38/share
Record date: 22nd May 2026Ex-date: 22nd May 2026
Announced on: 5th May 2026
Dividend₹ 34/share
Record date: 3rd Jun 2025Ex-date: 3rd Jun 2025
Announced on: 8th May 2025
Dividend₹ 28/share
Record date: 20th Jun 2024Ex-date: 20th Jun 2024
Announced on: 8th May 2024
Others
Ex-date: 12th Sep 2023Announced on: 25th Jul 2023
"On Market Tender Offer."
Dividend₹ 24/share
Record date: 2nd Aug 2023Ex-date: 2nd Aug 2023
Announced on: 10th May 2023

Company Profile

Overview of Larsen & Toubro Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Larsen and Toubro Limited is a multinational company which is engaged in engineering, procurement, and construction (EPC) projects, and hi-tech manufacturing. The Company’s segments include Infrastructure Projects, Energy Projects, Hi-Tech Manufacturing, IT & Technology Services, Financial Services,...

Key personnel

Mr. P. Ramakrishnan

Chief Financial Officer

Mr. Subramanian Narayan

Company Secretary and Compliance Officer

Mr. Sekharipuram Narayanan (Sns) SubrahmanyanD

Executive Chairman of the Board, Managing Director

Mr. Ramamurthi Shankar RamanD

President, Whole-Time Director - Finance

Mr. Subramanian SarmaD

President, Deputy Managing Director, Executive Director

Mr. Tharayil Madhava DasD

Senior Executive Vice President - Utilities, Whole-Time Director

Mr. Sudhindra Vasantrao DesaiD

Senior Executive Vice President - Civil Infrastructure, Whole-Time Director

Mr. Anil Vithal (Avp) ParabD

Senior Executive Vice President - Heavy Engineering and Manufacturing, Whole-time Director

View all

Incorporated on

07 Feb 1946

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

55,662

IPO date

03 Nov 1994

Free Float

1,17,18,83,757

Website

https://www.larsentoubro.com/

Phone no.

+912267525656

Address

L&T House, Ballard Estate, P. O. Box: 278, MUMBAI, 400001, India

Frequently Asked Questions

What is the current share price of Larsen & Toubro Ltd.?

The current share price of Larsen & Toubro Ltd. is ₹ 3,636.00 as of 14 Oct 2026.

What is the market capitalisation of Larsen & Toubro Ltd.?

The market capitalisation of Larsen & Toubro Ltd. stands at ₹ 5,00,275.00 Cr.

What is the PE ratio of Larsen & Toubro Ltd.?

The Price-to-Earnings (PE) ratio of Larsen & Toubro Ltd. is 30.16 as of the latest trailing twelve months data.

What is the ROE and ROCE of Larsen & Toubro Ltd.?

Larsen & Toubro Ltd. has a Return on Equity (ROE) of 15.54% and a Return on Capital Employed (ROCE) of 9.51% as per the latest financial reports.

What is the 52-week high and low of Larsen & Toubro Ltd.?

The 52-week high of Larsen & Toubro Ltd. is - and the 52-week low is -.

What is the dividend yield of Larsen & Toubro Ltd.?

The dividend yield of Larsen & Toubro Ltd. is 1.05% based on the current market price.

What is the FII and DII holding in Larsen & Toubro Ltd.?

Foreign Institutional Investors (FII) hold 19.13%, Domestic Institutional Investors (DII) hold 38.87% and retail/public investors hold 36.50% of Larsen & Toubro Ltd. shares.

What sector does Larsen & Toubro Ltd. belong to?

Larsen & Toubro Ltd. operates in the Construction sector. 82.76% of analysts have a Buy or Strong Buy rating on Larsen & Toubro Ltd. with a consensus target price of ₹ 4,466.50, implying 22.84% upside from current levels.

What is the beta of Larsen & Toubro Ltd.?

The beta of Larsen & Toubro Ltd. is 1.46, indicating its price volatility relative to the broader market. Over the past 1 year, Larsen & Toubro Ltd. has delivered an absolute return of -2.53%.

What is the RSI of Larsen & Toubro Ltd.?

The 14-day Relative Strength Index (RSI) of Larsen & Toubro Ltd. is 37.30, placing it approaching oversold territory. An RSI above 70 is considered overbought and below 30 is considered oversold.