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Larsen & Toubro Limited

Larsen & Toubro Limited

38.30
USD
+0.20
(+0.52%)
1.57EPS
35.09P/E
51.20BMarket Cap
Oct 27Next Earn
Larsen & Toubro Limited
IOB:LTOD
(London Stock Exchange (International))

Recent

price

38.30

P/E

ratio

35.09

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
378.59
459.17
530.66
602.56
637.39
710.44
764.92
834.72
942.99
1,019.61
949.62
1,098.83
1,281.8
1,563.26
1,833.18
2,048.91
2,060.27
Revenue per Share
32.99
33.85
37.37
35.02
33.93
30.06
42.83
52.17
62.98
67.47
81.79
61.19
73.88
93.17
108.44
115.95
117.35
Basic EPS, GAAP
-64.92
-97.56
-87.48
-100.79
-54.24
-53.7
26.08
-91.38
-64.09
23.01
150.17
113.31
131.48
98.1
34.13
86.01
- -
Free Cash Flow per Basic Share
6.37
6.39
7.27
8.15
9.42
10.74
12.06
13.88
15.86
27.76
25.78
17.85
21.81
30.09
27.76
33.71
- -
Dividend per Share
181.32
211.47
242.48
268.94
293.04
313.53
350.46
388.47
440.91
471.26
535.6
581.56
630.18
622.91
704.12
787.76
- -
Book Value per Share
111.15
124.08
121.72
115.22
232.03
234.14
257.05
283.1
317.31
275.65
342.33
394.59
447.3
440.18
519.56
711.47
- -
Tangible Book Value per Share
1,375
1,387
1,393
1,400
1,404
1,408
1,410
1,413
1,414
1,415
1,416
1,417
1,417
1,402
1,387
1,387
1,387
Basic Weighted Avg Shares
520,438
636,730
739,258
843,549
895,139
1,000,328
1,078,875
1,179,081
1,333,422
1,443,081
1,344,768
1,556,725
1,816,614
2,191,157
2,542,087
2,842,252
2,858,325
Sales/Revenue/Turnover
12.66
12.19
12.01
11.42
8.35
8.51
8.49
10.18
10.5
10.79
11.62
12.42
10.74
9.92
10.42
9.52
8.45
Operating Margin (%)
13,189
15,803
16,371
14,458
26,230
17,867
23,699
19,287
19,230
24,623
28,135
29,380
33,842
36,747
40,982
43,447
43,053
Depreciation Expense
45,347
46,937
52,057
49,020
47,648
42,329
60,412
73,699
89,051
95,490
115,829
86,693
104,707
130,591
150,371
160,840
162,808
Net Income, GAAP
34.49
32.86
31.4
35.12
31.22
30.98
22.58
27.48
29.61
24.3
32.78
29
26.21
24.11
24.99
26.24
26.64
Effective Tax Rate (%)
8.71
7.37
7.04
5.81
5.32
4.23
5.6
6.25
6.68
6.62
8.61
5.57
5.76
5.96
5.92
5.66
5.7
Profit Margin (%)
140,400
182,109
218,008
174,047
205,822
224,061
294,153
323,561
329,891
379,607
575,588
487,625
601,383
414,791
433,708
638,138
- -
Working Capital
248,411
366,564
473,921
554,449
512,527
599,109
673,406
720,095
731,445
826,689
826,141
630,360
628,640
582,418
597,686
665,061
- -
LT Debt
260,766
311,402
365,126
408,908
431,787
470,732
526,031
601,049
692,009
762,441
879,201
953,737
1,035,672
1,025,497
1,154,037
1,285,305
- -
Total Equity
9.37
7.6
6.71
5.65
4.94
4.77
5.01
5.16
5.1
4.99
3.84
4.89
5.7
7.04
7.3
6.49
- -
Return on Invested Capital (%)
10.31
8.02
7.33
6.25
5.34
3.93
4.69
5
4.9
5
5.87
4.12
4.84
5.98
6.39
6.1
- -
Return on Capital (%)
19.7
17.24
16.46
13.7
12.08
9.91
12.9
14.12
15.19
14.79
16.25
10.95
12.19
14.87
16.34
15.54
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
589,910
- -
LT Borrowings
- -
637,386
- -
LT Finance Leases
- -
27,675
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,181
1,387
1,177
Market Capitalization
4,741,063
4,815,756
4,846,237

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
3,183,113
- -
Cash, Cash Equivalents & STI
- -
766,249
- -
Accounts Receivable, Net
- -
604,613
- -
Inventories
- -
95,309
- -
Total Current Liabilities
- -
2,544,975
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
589,910
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.66%
8%
11.37%
Free Cash Flow
-16.05%
10.38%
152.12%
Net Income, GAAP
15.65%
8.49%
6.96%
Sales/Revenue/Turnover
11.25%
16.18%
11.81%
Total Cash Common Dividend
15.09%
8.14%
21.47%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
551,198
615,546
646,678
743,923
2,542,087
2026
636,789
- -
714,497
827,622
2,842,252
2027
679,417
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
20.09
24.48
24.22
39.64
108.44
2026
26.08
- -
23.17
38.38
115.95
2027
29.72
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
27.76
2026
- -
- -
- -
- -
33.71
2027
- -
- -
- -
- -
- -
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Business
Larsen & Toubro Limited (L&T) is an Indian multinational conglomerate engaged in engineering, procurement, and construction (EPC) projects; hi-tech manufacturing; and services across infrastructure, energy, defense, technology, and financial sectors; headquartered in Mumbai, Maharashtra, and founded in 1938 by Danish engineers Henning Holck-Larsen and Søren Kristian Toubro. The company offers a diverse portfolio of core products and services, including heavy engineering equipment and critical piping systems for fertilizer, refinery, petrochemical, oil & gas, thermal, nuclear power, aerospace, and defense industries; construction of buildings & factories, transportation infrastructure such as roads, highways, bridges, airports, and railways, heavy civil infrastructure including dams, tunnels, metro systems, and water supply; hi-tech manufacturing encompassing valves, energy hydrocarbon solutions, power systems, precision engineering, shipbuilding, and rubber processing machinery; IT and technology services through subsidiaries like LTIMindtree and L&T Technology Services; financial services via L&T Finance; and digital platforms such as L&T-SuFin; with manufacturing footprint across eight countries beyond India and operations in over 50 countries worldwide targeting governments, private enterprises, and institutions in high-impact economic sectors. Recent major developments include the November 2024 announcement of a strategic investment for up to 21% stake in E2E Networks Limited, complemented by software license, reseller, and colocation agreements to expand in AI and cloud services; acquisition of the remaining 26% stake in L&T Special Steels and Heavy Forgings Private Limited from Nuclear Power Corporation in February 2025; completion of full ownership in the L&T-Chiyoda Limited joint venture; securing a landmark US$4 billion order from QatarEnergy LNG in March 2025 for offshore compression complexes, the largest in company history; partnerships with ReNew Power for green hydrogen, the U.S. Navy for ship repair, and BAE Systems for licensed manufacturing of BvS10 armored vehicles for the Indian Army in November 2025; and order wins for data centers in Uzbekistan and residential towers from Brigade Group, alongside credit upgrades to BBB+ and a strong 'CRISIL ESG 63' rating.

Company News

Company News APIChatGPT

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    Larsen & Toubro Limited (LTOUF) Q1 2027 Earnings Call Transcript

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    Larsen & Toubro Limited (LTOUF) Q3 2026 Earnings Call Transcript

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    Larsen & Toubro Limited (LTOUF) Q2 2026 Earnings Call Transcript

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    Larsen & Toubro Limited (LTOUF) Q1 2025 Earnings Call Transcript

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    Larsen & Toubro Limited (LTOUF) Q3 2024 Earnings Call Transcript