	C 2012 Mar 31	C 2013 Mar 31	C 2014 Mar 31	C 2015 Mar 31	R 2016 Mar 31	C 2017 Mar 31	2018 Mar 31	R 2019 Mar 31	2020 Mar 31	2021 Mar 31	C 2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M IR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR
Total Revenue	64,313	74,426	85,054	91,929	1,01,122	1,09,312	1,19,683	1,35,220	1,45,452	1,35,916	1,56,520	1,83,341	2,20,601	2,55,547	2,85,874
Cost of Operating Revenue	48,687	55,718	63,169	69,095	72,586	78,791	84,185	96,360	98,422	88,113	99,705	1,16,536	1,45,671	1,70,273	1,93,905
Gross Profit	15,626	18,708	21,885	22,834	28,537	30,521	35,498	38,861	47,030	47,803	56,814	66,805	74,930	85,274	91,969
Gross Margin	24.3	25.1	25.7	24.8	28.2	27.9	29.7	28.7	32.3	35.2	36.3	36.4	34.0	33.4	32.2
Total Operating Expenses	56,459	65,710	75,367	83,083	92,351	1,00,489	1,08,286	1,22,049	1,31,563	1,22,905	1,41,571	1,66,320	2,01,015	2,33,610	2,62,001
Operating Profit	7,854	8,716	9,687	8,846	8,771	8,823	11,397	13,172	13,889	13,010	14,949	17,020	19,586	21,937	23,873
Operating Margin	12.2	11.7	11.4	9.6	8.7	8.1	9.5	9.7	9.5	9.6	9.6	9.3	8.9	8.6	8.4
Financing Income/(Expense) - Net	-956	-1,718	-2,656	-2,087	-1,061	-196	-97	-436	-1,427	-2,407	-693	-302	-254	-129	2,720
Profit before Taxes	6,974	7,638	7,489	7,217	8,020	8,887	11,639	13,735	13,431	8,678	14,495	17,109	20,517	23,579	25,976
Income Taxes	2,283	2,386	2,628	2,253	2,437	2,007	3,199	4,067	3,263	4,011	4,204	4,484	4,947	5,891	6,816
Profit after Tax	4,702	5,219	4,902	4,765	4,281	6,041	7,370	8,905	9,549	11,583	8,669	10,471	13,059	15,037	16,084
PAT Margin	7.3	7.0	5.8	5.2	4.2	5.5	6.2	6.6	6.6	8.5	5.5	5.7	5.9	5.9	5.6
EPS - Basic - ex Extraordinary Items	115.21	37.69	35.36	34.22	30.32	43.20	52.62	59.45	63.38	23.82	61.71	74.51	93.96	109.36	116.93
EPS - Diluted - ex Extraordinary Items	115.21	37.38	35.14	33.99	30.18	43.05	52.48	59.35	63.30	23.80	61.65	74.45	93.88	109.28	116.88
EBIT	7,854	8,716	9,687	8,846	8,771	8,823	11,397	13,172	13,889	13,010	14,949	17,020	19,586	21,937	23,873
EBITDA	9,740	10,709	11,734	11,436	10,559	10,634	13,120	15,256	16,334	15,783	17,837	20,312	23,220	25,965	28,195
EBITDA Margin	15.1	14.4	13.8	12.4	10.4	9.7	11.0	11.3	11.2	11.6	11.4	11.1	10.5	10.2	9.9

Balance Sheet

Abridged

Understanding Balance Sheet

Larsen & Toubro Ltd. balance sheet covering assets, liabilities, equity and borrowings across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	R 2012 Mar 31	R 2013 Mar 31	R 2014 Mar 31	R 2015 Mar 31	R 2016 Mar 31	R 2017 Mar 31	C 2018 Mar 31	R 2019 Mar 31	2020 Mar 31	2021 Mar 31	R 2022 Mar 31	2023 Mar 31	R 2024 Mar 31	2025 Mar 31	2026 Mar 31

Source:	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR
Total Current Assets	64,407	75,651	85,248	94,337	1,07,453	1,18,940	1,41,630	1,66,791	1,82,690	1,94,967	2,08,203	2,22,204	2,17,583	2,45,184	2,92,841
Long-Term Investments	1,095	901	1,266	4,660	6,718	7,157	7,711	8,774	8,212	9,820	11,869	12,330	12,096	11,010	9,907
Property Plant & Equipment - Net	22,172	24,834	24,978	15,122	13,963	13,178	12,785	13,373	15,555	13,796	13,738	16,423	18,484	19,388	22,473
Total Non-Current Assets	54,905	67,471	83,914	76,785	87,273	92,064	1,02,247	1,11,556	1,25,450	1,16,307	1,11,864	1,08,148	1,22,553	1,34,340	1,59,709
Total Assets	1,19,311	1,43,122	1,69,162	1,71,122	1,94,726	2,11,005	2,43,877	2,78,347	3,08,140	3,11,274	3,20,067	3,30,352	3,40,136	3,79,524	4,52,550
Total Current Liabilities	46,196	53,851	67,843	73,755	85,046	89,525	1,09,274	1,33,802	1,44,729	1,37,408	1,59,441	1,62,066	1,77,109	2,01,971	2,33,531
Long Term Debt	36,657	47,392	55,445	52,710	61,224	67,341	72,915	74,121	84,073	83,738	63,252	62,864	58,242	59,769	66,506
Total Non-Current Liabilities	41,975	52,759	60,428	54,189	62,607	68,876	74,498	75,344	87,167	85,946	65,253	64,719	60,477	62,150	90,488
Total Liabilities	88,171	1,06,610	1,28,271	1,27,943	1,47,653	1,58,401	1,83,773	2,09,146	2,31,896	2,23,354	2,24,694	2,26,785	2,37,586	2,64,120	3,24,019
Total Shareholders' Equity	29,387	33,860	37,712	41,208	44,180	49,463	54,904	62,375	66,723	75,869	82,408	89,326	86,359	97,656	1,09,290
Minority Interest	1,753	2,653	3,179	1,971	2,893	3,140	5,201	6,826	9,521	12,052	12,966	14,241	16,190	17,748	19,241
Total Equity	31,140	36,513	40,891	43,179	47,073	52,603	60,105	69,201	76,244	87,920	95,374	1,03,567	1,02,550	1,15,404	1,28,530
Total Liabilities & Equity	1,19,311	1,43,122	1,69,162	1,71,122	1,94,726	2,11,005	2,43,877	2,78,347	3,08,140	3,11,274	3,20,067	3,30,352	3,40,136	3,79,524	4,52,550

Cash Flow

Abridged

Understanding Cash Flow Statement

Larsen & Toubro Ltd. cash flow statement covering operating, investing and financing activities across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	C 2012 Mar 31	R 2013 Mar 31	C 2014 Mar 31	C 2015 Mar 31	R 2016 Mar 31	R 2017 Mar 31	2018 Mar 31	R 2019 Mar 31	2020 Mar 31	R 2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	C 2025 Mar 31	2026 Mar 31

Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR
Operating CF bef Changes in Working Cap	4,948	5,535	4,893	3,763	5,424	7,037	10,657	9,024	12,478	10,787	12,412	15,966	18,550	22,971	27,009
Working Capital - Increase/(Decrease)	-12,796	-12,162	-15,380	-8,584	-10,510	-1,398	-19,876	-15,947	-7,784	10,198	4,757	5,379	-1,385	-15,229	-10,458
Net CF from Operating Activities	-7,848	-6,627	-10,488	-4,821	-5,086	5,639	-9,218	-6,923	4,694	20,985	17,168	21,346	17,165	7,742	16,551
Capital Expenditures - Net	7,104	7,438	6,678	6,095	4,123	2,821	2,015	3,499	3,299	922	3,040	3,793	4,210	3,541	4,469
Net CF from Investing Activities	-6,499	-7,505	-6,070	-5,249	-5,242	-10,954	631	-12,006	-9,208	-18,491	-4,581	-9,830	-341	-17,709	-14,731
Dividends Paid - Cash - Total	886	1,013	1,141	1,323	1,512	1,702	1,961	2,243	3,930	3,651	2,528	3,091	4,217	3,850	4,676
Stock - Issuance/(Retirement) - Net	193	163	144	99	70	53	50	11	18	16	11	10	-9,990	9	8
Debt - LT & ST - Issuance/(Retirement) - Total	13,652	14,518	17,422	11,462	10,516	4,880	12,619	17,865	13,560	-9,114	-8,820	-4,920	-4,562	15,152	6,572
Net Cash Flow from Financing Activities	14,224	14,284	17,040	11,829	9,714	5,070	11,841	18,423	9,274	-11,886	-12,214	-8,526	-21,808	10,166	1,026
Free Cash Flow to Equity	-1,300	454	256	547	1,307	7,699	1,385	7,443	14,954	10,948	5,308	12,632	8,392	19,354	18,655
Free Operating CF net dividend	-16,037	-15,472	-18,596	-12,396	-10,920	961	-14,056	-13,473	-2,673	15,526	11,529	14,110	8,432	-526	7,066
Free Operating CF	-15,150	-14,459	-17,455	-11,073	-9,407	2,662	-12,096	-11,230	1,257	19,177	14,058	17,202	12,649	3,324	11,742

Business Segment Analysis

FY End:

Mar 26

Larsen & Toubro Ltd. business segment breakdown covering revenue, operating income and assets across key divisions for the selected financial year.

Capex

IT and Technology Services (19.9%)₹ 1,573.36 CrEnergy Projects (17.7%)₹ 1,404.15 CrOther (15.1%)₹ 1,192.96 CrInfrastructure (14.5%)₹ 1,149.76 CrInter-Segment (12.6%)₹ -1,000.75 CrFinancial Services (7.3%)₹ 579.22 CrUnallocable (5.7%)₹ 454.28 CrHi Tech Manufacturing (5.5%)₹ 437.04 CrDevelopment Projects (1.6%)₹ 125.91 Cr

Revenue / Sales

Infrastructure (46.8%)₹ 1,33,909.95 CrEnergy Projects (19.2%)₹ 54,864.85 CrIT and Technology Services (18.7%)₹ 53,497.23 CrFinancial Services (6.0%)₹ 17,283.43 CrHi Tech Manufacturing (4.9%)₹ 14,108.84 CrOther (2.5%)₹ 7,093.25 CrDevelopment Projects (1.8%)₹ 5,116.81 Cr

Assets

Financial Services (30.7%)₹ 1,40,383.98 CrInfrastructure (25.2%)₹ 1,15,059.75 CrIT and Technology Services (12.3%)₹ 56,134.40 CrUnallocable (9.7%)₹ 44,516.36 CrEnergy Projects (8.6%)₹ 39,400.94 CrDevelopment Projects (5.5%)₹ 25,008.07 CrOther (4.1%)₹ 18,623.09 CrHi Tech Manufacturing (3.8%)₹ 17,455.49 Cr

Regional Segment Analysis

FY End:

Mar 26

Larsen & Toubro Ltd. geographic revenue split showing domestic and international market performance across revenue and income for the selected financial year.

Revenue / Sales

India (46.2%)₹ 1,32,136.15 CrSaudi Arabia (25.4%)₹ 72,734.71 CrUnited States of America (13.0%)₹ 37,275.84 CrUnited Arab Emirates (3.9%)₹ 11,258.34 CrOther Countries (3.5%)₹ 10,071.76 CrQatar (2.8%)₹ 7,989.22 CrSultanate of Oman (1.1%)₹ 3,195.01 CrUnited Kingdom (0.9%)₹ 2,480.38 CrUzbekistan (0.8%)₹ 2,234.93 CrKuwait (0.7%)₹ 1,986.08 CrGermany (0.5%)₹ 1,532.22 CrAustralia (0.5%)₹ 1,518.42 CrNetherlands (0.4%)₹ 1,022.12 CrBangladesh (0.2%)₹ 439.18 Cr

Historical Segment Analysis

Track how Larsen & Toubro Ltd. segment contributions have evolved over multiple financial years to see which divisions are growing, shrinking or gaining strategic importance.

Capex

Sales

Assets

Business

Regional

Business

	2010 Mar 31	2011 Mar 31	2012 Mar 31	2013 Mar 31	2014 Mar 31	2015 Mar 31	2016 Mar 31	2017 Mar 31	2018 Mar 31	2020 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

IT and Technology Services	-	-	279	237	186	281	311	167	512	12,712	3,845	2,833	1,573
Energy Projects	-	-	-	-	-	-	-	-	-	98	1,266	956	1,404
Other	68	333	54	1,417	373	616	2,508	668	410	662	926	888	1,193
Infrastructure	-	-	-	683	720	439	1,225	616	1,516	1,288	2,914	3,721	1,150
Financial Services	270	190	252	775	222	117	569	441	351	475	146	323	579
Unallocable	-	-	-	-	-	-	-	471	457	852	2,229	105	454
Hi Tech Manufacturing	-	-	-	-	-	-	-	-	-	-	559	619	437
Development Projects	2,020	4,302	3,461	4,523	4,026	5,202	3,028	2,550	2,462	2,007	44	51	126
Electrical and Automation	157	196	187	239	215	269	334	177	202	235	-	-	-
Engineering and Construction	2,238	3,895	3,933	-	-	-	-	-	-	-	-	-	-
Machinery & Industrial Products	305	167	76	194	-	-	-	-	-	-	-	-	-
Heavy Engineering	-	-	-	311	93	128	238	97	41	177	-	-	-
Hydrocarbon	-	-	-	265	256	129	48	188	399	300	-	-	-
Metallurgical & Material Handling	-	-	-	13	17	64	-	-	-	-	-	-	-
Power	-	-	-	509	101	68	450	100	133	98	-	-	-
Defence Engineering	-	-	-	-	-	-	-	-	229	185	-	-	-
Inter-Segment	-	-	-	-	-	-	-	-217	-75	-54	-1,438	-799	-1,001

Frequently Asked Questions

What is the revenue of Larsen & Toubro Ltd.?

The latest trailing twelve month revenue of Larsen & Toubro Ltd. is ₹ 2,85,874.00 Cr, reflecting a 1-year growth of 11.87% and a 3-year CAGR of 15.96%. Annual and quarterly revenue trends are available in the Income Statement section.

What is the net profit of Larsen & Toubro Ltd.?

The latest trailing twelve month net profit (PAT) of Larsen & Toubro Ltd. is ₹ 16,084.00 Cr, with a 3-year earnings CAGR of 16.22%. Detailed profit history across annual and quarterly periods is in the Income Statement section.

What is the EBITDA of Larsen & Toubro Ltd.?

The trailing twelve month EBITDA of Larsen & Toubro Ltd. is approximately ₹ 23,873.20 Cr (based on an operating margin of 8.35%). EBITDA reflects core operating profitability before interest, taxes, depreciation and amortisation.

What is the EPS of Larsen & Toubro Ltd.?

The trailing twelve month Earnings Per Share (EPS) of Larsen & Toubro Ltd. is 116.88. EPS trends across annual and quarterly periods are visible in the Income Statement section.

What is the debt level of Larsen & Toubro Ltd.?

The debt-to-equity ratio of Larsen & Toubro Ltd. stands at 1.15. The interest coverage ratio is 8.39x, reflecting the company's ability to service debt from operating earnings. The full breakdown of total borrowings is in the Balance Sheet section.

What is the book value per share of Larsen & Toubro Ltd.?

The estimated book value per share of Larsen & Toubro Ltd. is 794.65 (derived from a P/B ratio of 5.11 and market price of ₹ 4,060.50), reflecting the net asset value attributable to each share. See the Balance Sheet section for a full breakdown.

What is the cash flow from operations of Larsen & Toubro Ltd.?

The trailing twelve month operating cash flow of Larsen & Toubro Ltd. is ₹ 16,551.30 Cr. Annual and quarterly cash flow data is available in the Cash Flow section of the Statements tab.

Does Larsen & Toubro Ltd. report consolidated or standalone financials?

Larsen & Toubro Ltd. reports consolidated financials. You can toggle between consolidated and standalone views using the switch at the top of each statement section.