Nifty
:
25517.05
Sensex
:
83606.46
-120.75 (-0.47%)
-452.44 (-0.54%)
Nifty
Sensex
:
:
25517.05
83606.46
-120.75 (-0.47%)
-452.44 (-0.54%)

Larsen & Toubro Ltd.

Engineering - Construction

Rating :
65/99

BSE: 500510 | NSE: LT

NSE BSE
3669.80
30-Jun-2025
  • Open
  • High
  • Low
  • Previous Close
  •  3682
  •  3717.5
  •  3652.7
  •  3679.20
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  1508882
  •  5553892750.4
  •  3963.5
  •  2965.3

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 5,04,557.48
  • 33.65
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 6,11,151.48
  • 0.93%
  • 5.21

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 0.00%
  • 0.98%
  • 19.61%
  • FII
  • DII
  • Others
  • 19.8%
  • 40.02%
  • 19.59%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 9.72
  • 13.47
  • 11.73

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 6.14
  • 6.21
  • 3.13

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.06
  • 35.21
  • 12.52

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 26.10
  • 30.57
  • 33.63

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 3.62
  • 3.92
  • 4.71

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 13.69
  • 14.51
  • 15.96

Earnings Forecasts:

(Updated: 06-06-2025)
Description
2024
2025
2026
2027
Adj EPS
93.96
109.36
133.41
160.83
P/E Ratio
39.06
33.56
27.51
22.82
Revenue
219116
255734
296114
339165
EBITDA
23494
26435
31647
36881
Net Income
13059
15037
18308
22117
ROA
3.9
4.2
5.3
5.5
P/B Ratio
7.83
5.17
4.59
4.01
ROE
14.87
16.34
17.34
18.48
FCFF
12946
3554
9695
13989
FCFF Yield
2.21
0.61
1.66
2.39
Net Debt
66006
66083
90560
86539
BVPS
468.59
710.12
799.98
915.76

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Sep 24
Sep 23
Var%
Jun 24
Jun 23
Var%
Net Sales
74,392.28
67,078.68
10.90%
64,667.78
55,127.82
17.31%
61,554.58
51,024.04
20.64%
55,119.82
47,882.37
15.12%
Expenses
64,516.34
58,425.64
10.42%
56,769.62
47,929.17
18.44%
53,637.53
43,983.57
21.95%
48,074.00
41,566.01
15.66%
EBITDA
9,875.94
8,653.04
14.13%
7,898.16
7,198.65
9.72%
7,917.05
7,040.47
12.45%
7,045.82
6,316.36
11.55%
EBIDTM
13.28%
12.90%
12.21%
13.06%
12.86%
13.80%
12.78%
13.19%
Other Income
1,135.05
1,041.74
8.96%
967.87
837.75
15.53%
1,101.27
1,132.98
-2.80%
920.64
1,145.56
-19.63%
Interest
2,419.33
2,345.35
3.15%
2,486.00
2,343.82
6.07%
2,439.39
2,272.49
7.34%
2,291.89
2,299.08
-0.31%
Depreciation
1,052.42
1,021.20
3.06%
1,047.00
920.75
13.71%
1,023.84
909.89
12.52%
997.92
830.47
20.16%
PBT
8,014.02
6,421.84
24.79%
5,333.03
4,771.83
11.76%
5,555.09
4,991.07
11.30%
4,676.65
4,332.37
7.95%
Tax
1,880.58
1,418.30
32.59%
1,332.00
1,177.32
13.14%
1,442.28
1,135.52
27.01%
1,236.54
1,216.25
1.67%
PAT
6,133.44
5,003.54
22.58%
4,001.03
3,594.51
11.31%
4,112.81
3,855.55
6.67%
3,440.11
3,116.12
10.40%
PATM
8.24%
7.46%
6.19%
6.52%
6.68%
7.56%
6.24%
6.51%
EPS
39.97
31.98
24.98%
24.43
21.44
13.95%
24.69
23.45
5.29%
20.26
17.74
14.21%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
-
2,55,734.45
2,21,112.91
1,83,340.70
1,56,521.23
1,35,979.03
1,51,019.35
1,41,313.92
1,19,683.16
1,09,311.81
1,01,122.48
Net Sales Growth
-
15.66%
20.60%
17.13%
15.11%
-9.96%
6.87%
18.07%
9.49%
8.10%
 
Cost Of Goods Sold
-
92,172.81
76,341.06
60,128.68
49,599.95
41,677.23
47,436.92
46,274.62
39,627.56
36,751.82
34,803.93
Gross Profit
-
1,63,561.64
1,44,771.85
1,23,212.02
1,06,921.28
94,301.80
1,03,582.43
95,039.30
80,055.60
72,559.99
66,318.55
GP Margin
-
63.96%
65.47%
67.20%
68.31%
69.35%
68.59%
67.25%
66.89%
66.38%
65.58%
Total Expenditure
-
2,27,261.11
1,93,764.32
1,58,936.85
1,36,594.88
1,14,907.47
1,27,934.54
1,19,482.27
1,03,128.02
92,650.88
85,431.57
Power & Fuel Cost
-
2,534.42
2,745.19
2,823.61
2,267.26
1,581.33
2,079.84
2,205.60
1,399.62
1,423.19
1,243.45
% Of Sales
-
0.99%
1.24%
1.54%
1.45%
1.16%
1.38%
1.56%
1.17%
1.30%
1.23%
Employee Cost
-
46,768.68
41,171.02
37,214.11
29,695.79
24,750.54
23,114.00
17,466.40
15,270.79
13,853.97
13,330.84
% Of Sales
-
18.29%
18.62%
20.30%
18.97%
18.20%
15.31%
12.36%
12.76%
12.67%
13.18%
Manufacturing Exp.
-
55,801.86
48,142.38
36,979.07
33,185.12
27,640.38
33,763.40
32,488.79
29,388.40
29,906.38
26,709.94
% Of Sales
-
21.82%
21.77%
20.17%
21.20%
20.33%
22.36%
22.99%
24.56%
27.36%
26.41%
General & Admin Exp.
-
18,107.43
16,634.80
13,803.74
11,169.53
9,655.99
14,256.14
8,709.14
6,818.19
6,282.93
6,263.40
% Of Sales
-
7.08%
7.52%
7.53%
7.14%
7.10%
9.44%
6.16%
5.70%
5.75%
6.19%
Selling & Distn. Exp.
-
541.40
468.49
435.97
299.29
218.01
338.15
550.46
675.39
856.63
790.04
% Of Sales
-
0.21%
0.21%
0.24%
0.19%
0.16%
0.22%
0.39%
0.56%
0.78%
0.78%
Miscellaneous Exp.
-
11,334.51
8,261.38
7,551.67
10,377.94
9,383.99
6,946.09
11,787.26
9,948.07
3,575.96
790.04
% Of Sales
-
4.43%
3.74%
4.12%
6.63%
6.90%
4.60%
8.34%
8.31%
3.27%
2.26%
EBITDA
-
28,473.34
27,348.59
24,403.85
19,926.35
21,071.56
23,084.81
21,831.65
16,555.14
16,660.93
15,690.91
EBITDA Margin
-
11.13%
12.37%
13.31%
12.73%
15.50%
15.29%
15.45%
13.83%
15.24%
15.52%
Other Income
-
9,032.71
6,579.16
5,821.50
6,971.79
6,128.12
4,961.11
3,924.67
4,806.53
1,492.15
919.90
Interest
-
10,280.86
9,821.92
9,750.06
9,552.15
12,059.67
11,269.45
9,547.13
7,916.78
7,017.22
6,898.68
Depreciation
-
4,121.18
3,682.33
3,502.25
2,947.95
2,904.21
2,462.27
1,923.03
1,928.73
2,369.93
1,786.73
PBT
-
23,104.01
20,423.50
16,973.04
14,398.04
12,235.80
14,314.20
14,286.16
11,516.16
8,765.93
7,925.40
Tax
-
5,891.40
4,947.39
4,484.16
4,203.92
4,010.82
3,491.88
4,343.33
3,198.87
2,006.59
2,436.96
Tax Rate
-
24.99%
24.11%
26.21%
29.00%
46.21%
24.39%
29.79%
27.48%
22.58%
30.39%
PAT
-
15,051.17
13,081.73
10,564.97
8,541.14
3,330.61
9,477.07
8,926.13
7,805.72
6,436.50
5,270.84
PAT before Minority Interest
-
17,687.39
15,569.72
12,624.87
10,291.05
4,668.96
10,822.32
10,237.58
8,440.29
6,880.77
5,582.66
Minority Interest
-
-2,636.22
-2,487.99
-2,059.90
-1,749.91
-1,338.35
-1,345.25
-1,311.45
-634.57
-444.27
-311.82
PAT Margin
-
5.89%
5.92%
5.76%
5.46%
2.45%
6.28%
6.32%
6.52%
5.89%
5.21%
PAT Growth
-
15.05%
23.82%
23.70%
156.44%
-64.86%
6.17%
14.35%
21.27%
22.12%
 
EPS
-
110.71
96.22
77.71
62.83
24.50
69.71
65.66
57.42
47.34
38.77

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
97,655.60
86,359.24
89,325.95
82,407.66
75,868.53
66,723.22
62,374.80
54,903.50
50,216.52
44,180.36
Share Capital
275.04
274.93
281.10
281.01
280.91
280.78
280.55
280.27
186.59
186.30
Total Reserves
96,881.20
85,533.77
88,577.76
81,755.00
75,204.02
66,040.95
61,757.20
54,306.11
49,726.68
43,711.84
Non-Current Liabilities
58,356.64
56,613.13
60,734.31
62,412.83
83,248.64
83,320.29
71,925.21
71,743.22
67,140.21
61,234.61
Secured Loans
47,255.22
42,472.94
49,204.00
44,602.91
58,497.68
66,520.20
57,298.20
49,092.72
42,321.55
36,521.71
Unsecured Loans
10,248.12
14,034.03
12,013.68
17,015.40
23,622.36
15,811.13
16,822.59
23,822.04
25,019.03
24,702.13
Long Term Provisions
1,124.01
987.38
869.99
817.77
773.78
708.67
556.84
523.54
526.60
424.66
Current Liabilities
2,01,970.90
1,77,109.46
1,62,065.99
1,59,360.85
1,37,408.01
1,44,729.21
1,33,802.31
1,09,274.38
89,525.12
85,046.43
Trade Payables
52,459.34
53,292.88
49,784.12
51,365.62
45,745.23
43,643.93
42,994.81
37,797.38
30,294.86
27,003.56
Other Current Liabilities
1,06,379.38
90,005.95
76,498.62
72,852.59
59,727.25
61,803.79
58,003.07
48,867.26
39,787.69
40,759.11
Short Term Borrowings
35,861.30
27,834.27
30,896.32
30,476.96
27,765.83
35,021.02
29,223.84
19,331.85
16,534.47
14,896.75
Short Term Provisions
7,270.88
5,976.36
4,886.93
4,665.68
4,169.70
4,260.47
3,580.59
3,277.89
2,908.10
2,387.01
Total Liabilities
3,75,731.22
3,36,272.25
3,26,367.52
3,17,147.41
3,08,576.71
3,04,293.55
2,74,928.43
2,41,122.53
2,10,445.45
1,93,354.24
Net Block
42,396.82
40,772.45
39,280.78
38,982.03
43,118.96
42,005.30
18,811.76
16,175.55
13,243.79
14,370.91
Gross Block
66,337.59
60,100.92
55,602.50
52,795.04
55,376.95
51,520.94
26,262.23
22,017.53
17,273.07
16,722.01
Accumulated Depreciation
22,745.97
19,072.03
16,029.58
13,526.95
11,228.95
9,229.57
7,172.92
5,573.48
3,878.18
2,289.49
Non Current Assets
1,30,389.51
1,17,683.65
1,04,163.20
1,09,024.06
1,13,609.88
1,21,603.66
1,08,136.99
99,492.08
88,604.20
85,901.69
Capital Work in Progress
2,588.68
3,045.01
3,065.57
1,249.55
1,700.75
4,959.17
16,301.67
15,848.07
16,731.26
15,165.24
Non Current Investment
11,444.65
10,690.19
9,224.89
9,595.60
8,615.40
7,347.73
6,960.93
5,847.06
5,452.80
3,584.89
Long Term Loans & Adv.
70,923.51
59,520.54
47,723.56
53,497.14
59,112.49
66,653.31
64,918.58
61,007.08
52,318.75
52,217.10
Other Non Current Assets
1,377.22
1,464.09
1,508.18
1,736.76
1,062.28
638.15
1,144.05
614.32
857.60
563.55
Current Assets
2,45,184.27
2,17,583.24
2,21,215.52
2,07,372.30
1,94,966.83
1,82,689.89
1,66,791.44
1,41,630.45
1,21,841.25
1,07,452.55
Current Investments
43,360.62
34,957.63
35,573.42
29,799.58
31,011.23
12,699.75
13,946.17
9,464.25
14,300.22
7,494.19
Inventories
7,670.55
6,620.19
6,828.78
5,943.32
5,820.54
5,746.65
6,413.93
4,847.80
4,139.74
4,854.21
Sundry Debtors
53,713.68
48,770.95
44,731.53
46,139.32
42,229.78
40,731.52
36,845.87
33,116.98
28,688.97
26,024.98
Cash & Bank
22,965.34
15,358.39
22,519.60
18,953.17
16,241.50
15,117.78
11,726.24
8,032.73
5,305.96
5,389.91
Other Current Assets
1,17,474.08
577.89
820.45
1,211.34
99,663.78
1,08,394.19
97,859.23
86,168.69
69,406.36
63,689.26
Short Term Loans & Adv.
1,16,498.44
1,11,298.19
1,10,741.74
1,05,325.57
98,370.87
50,675.24
50,042.73
40,915.08
42,658.08
26,878.28
Net Current Assets
43,213.37
40,473.78
59,149.53
48,011.45
57,558.82
37,960.68
32,989.13
32,356.07
32,316.13
22,406.12
Total Assets
3,75,573.78
3,35,266.89
3,25,378.72
3,16,396.36
3,08,576.71
3,04,293.55
2,74,928.43
2,41,122.53
2,10,445.45
1,93,354.24

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
9,160.71
18,266.28
22,776.96
19,163.58
23,073.82
6,693.88
-4,755.83
-10,031.02
6,655.26
-3,239.59
PBT
23,104.01
20,423.50
16,973.04
14,398.04
23,026.30
14,314.20
14,580.91
11,639.16
8,765.93
7,925.40
Adjustment
3,721.75
4,507.91
5,551.94
4,548.35
-6,679.37
4,209.91
1,492.56
1,608.98
2,488.97
2,559.48
Changes in Working Capital
-12,063.95
-1,385.08
5,379.14
4,756.63
10,197.90
-7,783.78
-15,946.50
-19,875.72
-1,397.97
-10,509.78
Cash after chg. in Working capital
14,761.81
23,546.33
27,904.12
23,703.02
26,544.83
10,740.33
126.97
-6,627.58
9,856.93
-24.90
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-5,601.10
-5,280.05
-5,127.16
-4,539.44
-3,471.01
-4,046.45
-4,882.80
-3,403.44
-3,201.67
-3,214.69
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-15,517.51
2,163.04
-8,311.70
-3,667.68
-5,658.52
-8,256.27
-11,022.80
3,914.50
-9,795.94
-4,626.56
Net Fixed Assets
-1,274.43
-1,528.75
-3,083.68
-553.23
-2,042.07
439.78
-2,966.73
-1,022.87
-667.40
3,539.28
Net Investments
-10,179.57
-201.34
-1,733.54
3,885.85
-15,379.14
-11,130.28
4,435.09
-580.35
-2,767.71
-938.28
Others
-4,063.51
3,893.13
-3,494.48
-7,000.30
11,762.69
2,434.23
-12,491.16
5,517.72
-6,360.83
-7,227.56
Cash from Financing Activity
6,556.62
-25,413.36
-11,572.49
-15,181.48
-15,274.38
6,371.55
15,440.17
9,370.46
2,895.93
7,252.70
Net Cash Inflow / Outflow
199.82
-4,984.04
2,892.77
314.42
2,140.92
4,809.16
-338.46
3,253.94
-244.75
-613.45
Opening Cash & Equivalents
11,958.50
16,926.69
13,770.24
13,373.52
11,324.57
6,460.23
6,798.69
3,544.75
3,789.50
4,402.96
Closing Cash & Equivalent
12,187.00
11,958.50
16,926.69
13,770.24
13,373.52
11,117.95
6,460.23
6,798.69
3,544.75
3,789.51

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
706.49
624.22
632.22
583.87
537.43
472.41
442.26
389.53
356.67
314.18
ROA
4.97%
4.70%
3.92%
3.29%
1.52%
3.74%
3.97%
3.74%
3.41%
2.87%
ROE
19.33%
17.83%
14.78%
13.07%
6.58%
16.86%
17.56%
16.15%
14.67%
13.23%
ROCE
15.84%
14.86%
12.98%
11.61%
9.97%
12.93%
13.77%
12.76%
11.50%
11.19%
Fixed Asset Turnover
4.05
3.82
3.38
2.96
2.54
3.88
5.85
6.10
6.47
3.26
Receivable days
73.14
77.17
90.45
103.04
111.34
93.75
90.35
94.10
90.77
100.42
Inventory Days
10.20
11.10
12.71
13.72
15.52
14.70
14.54
13.68
14.92
20.34
Payable days
208.91
246.15
306.46
355.30
388.71
330.40
144.58
136.63
119.58
113.31
Cash Conversion Cycle
-125.58
-157.88
-203.29
-238.55
-261.84
-221.96
-39.68
-28.84
-13.89
7.45
Total Debt/Equity
1.33
1.33
1.33
1.50
1.76
2.13
2.02
1.97
1.88
2.01
Interest Cover
3.29
3.09
2.75
2.52
1.72
2.27
2.53
2.47
2.27
2.16

Annual Reports:

FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016

News Update:


  • Larsen & Toubro lists ESG bonds worth Rs 500 crore on NSE
    24th Jun 2025, 12:20 PM

    The NCDs, having a three-year maturity period, will mature on June 19, 2028, and the interest would be paid on an annual basis

    Read More
  • L&T raises Rs 500 crore through NCDs
    19th Jun 2025, 15:40 PM

    The said NCDs would mature on June 19, 2028 and the interest would be paid on an annual basis

    Read More
  • L&T bags orders for Power Transmission & Distribution vertical
    10th Jun 2025, 12:58 PM

    In India, it has secured an order to build 765kV and 400kV transmission line jobs pertaining to the integration of a Renewable Energy Zone in Andhra Pradesh

    Read More
  • L&T’s Heavy Civil Infrastructure vertical bags order from JSW Energy
    9th Jun 2025, 12:59 PM

    The project is strategically located across the Nashik and Thane districts of Maharashtra and is designed to have a total installed capacity of 1500 MW, comprising various small units

    Read More
  • L&T issues Rs 500 crore ESG bond in partnership with HSBC
    6th Jun 2025, 15:30 PM

    HSBC is acting as the sole lead arranger in this transaction

    Read More
  • L&T’s WET business vertical secures orders from Public Health Engineering Department of Rajasthan
    3rd Jun 2025, 14:37 PM

    The project is aimed at meeting the demand for water in 285 villages and the towns of Surajgarh and Udaipurwati in Jhunjhunu district

    Read More
  • Larsen & Toubro’s arm partners with QpiAI
    16th May 2025, 09:49 AM

    The collaboration will focus on driving quantum computing workloads, including QCAAS, enabling scalable deployment of quantum solutions across domains

    Read More
  • L&T’s buildings & factories vertical bags orders from various government undertakings
    13th May 2025, 12:13 PM

    Both these projects are to be executed within a stringent timeline of 18 months

    Read More
  • Larsen & Toubro reports 23% rise in Q4 consolidated net profit
    9th May 2025, 12:14 PM

    Consolidated total income of the company increased by 10.87% at Rs 75,527.33 crore for Q4FY25

    Read More
  • Larsen & Toubro gets ESG rating of ‘63’ from CRISIL
    17th Apr 2025, 11:53 AM

    This rating reflects the Company’s performance on Environmental, Social and Governance parameters as assessed by the rating agency

    Read More
  • L&T’s arm incorporates wholly owned subsidiary
    4th Apr 2025, 16:12 PM

    L&T Green Energy Kandla is formed for the purpose of development of green hydrogen and its derivatives (including green ammonia, etc) projects

    Read More
  • L&T dispatches fourth steam generator to Kaiga Atomic Power Station in Karnataka
    4th Apr 2025, 12:16 PM

    The fourth SG has been dispatched nine months ahead of the contractual schedule, while the full set of four SGs has been delivered in 45 months

    Read More
  • L&T bags orders for Power Transmission & Distribution vertical
    1st Apr 2025, 15:00 PM

    These orders indicate the continued momentum in investments related to efficient grid infrastructure in India and abroad, and underscore customer confidence in L&T’s capabilities

    Read More
  • L&T’s Hydrocarbon vertical secures contract from QatarEnergy LNG
    26th Mar 2025, 14:06 PM

    The secured contract is the largest single contract ever received by L&T

    Read More
  • L&T’s division forms partnership with three leading AI startups
    25th Mar 2025, 14:10 PM

    The collaborations will focus on groundbreaking developments in healthcare, life sciences, vertical AI, and conversational technologies

    Read More
  • L&T’s arm, John Cockerill ink MoU to explore specific green-power technologies
    24th Mar 2025, 15:42 PM

    The MoU aims to identify and develop strategic collaboration opportunities in manufacturing, component supply and engineering solutions

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.