Nifty
:
8792.20
Sensex
:
30067.21
708.40 (8.76%)
2476.26 (8.97%)
Nifty
Sensex
:
:
8792.20
30067.21
708.40 (8.76%)
2476.26 (8.97%)

Larsen & Toubro Ltd.

Engineering - Construction

Rating :
63/99

BSE: 500510 | NSE: LT

NSE BSE
774.65
03-Apr-2020
  • Open
  • High
  • Low
  • Previous Close
  •  791.10
  •  791.10
  •  762.80
  •  774.35
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  4268501
  •  33009.75
  •  1607.00
  •  661.00

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 108,769.03
  • 11.13
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 222,597.96
  • 2.32%
  • 1.65

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 0.00%
  • 2.30%
  • 20.71%
  • FII
  • DII
  • Others
  • 18.78%
  • 37.48%
  • 20.73%

Chart

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

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 12.36
  • 8.91
  • 8.86

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.76
  • 6.97
  • 5.67

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 5.53
  • 13.39
  • 11.52

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 24.24
  • 25.09
  • 24.24

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 3.17
  • 3.19
  • 3.22

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 13.83
  • 14.01
  • 12.80

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 19
Dec 18
Var%
Sep 19
Sep 18
Var%
Jun 19
Jun 18
Var%
Mar 19
Mar 18
Var%
Net Sales
36,242.68
34,233.96
5.87%
35,328.45
30,678.13
15.16%
29,635.95
27,004.77
9.74%
44,933.96
40,678.10
10.46%
Expenses
30,120.61
28,506.37
5.66%
29,283.31
25,348.98
15.52%
24,238.39
22,592.04
7.29%
37,368.15
33,688.88
10.92%
EBITDA
6,122.07
5,727.59
6.89%
6,045.14
5,329.15
13.44%
5,397.56
4,412.73
22.32%
7,565.81
6,989.22
8.25%
EBIDTM
16.89%
16.73%
17.11%
17.37%
18.21%
16.34%
16.84%
17.18%
Other Income
474.92
589.12
-19.38%
596.44
408.46
46.02%
384.40
227.99
68.60%
621.33
412.94
50.46%
Interest
2,713.53
2,510.21
8.10%
2,709.18
2,186.00
23.93%
2,665.27
2,018.75
32.03%
2,473.85
1,997.02
23.88%
Depreciation
660.23
405.28
62.91%
629.65
477.60
31.84%
461.46
604.72
-23.69%
474.66
492.39
-3.60%
PBT
3,223.23
3,401.22
-5.23%
3,302.75
3,368.76
-1.96%
2,561.68
2,017.25
26.99%
5,238.63
4,912.75
6.63%
Tax
711.00
1,126.07
-36.86%
791.12
817.07
-3.18%
794.79
889.56
-10.65%
1,322.50
1,457.98
-9.29%
PAT
2,512.23
2,275.15
10.42%
2,511.63
2,551.69
-1.57%
1,766.89
1,127.69
56.68%
3,916.13
3,454.77
13.35%
PATM
6.93%
6.65%
7.11%
8.32%
5.96%
4.18%
8.72%
8.49%
EPS
16.76
14.56
15.11%
18.01
15.91
13.20%
10.50
8.67
21.11%
24.37
22.60
7.83%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Mar 12
Mar 11
Mar 10
Net Sales
146,141.04
141,007.09
119,683.16
109,311.81
101,122.48
92,004.58
85,128.40
74,498.00
64,313.11
52,043.78
43,969.80
Net Sales Growth
10.22%
17.82%
9.49%
8.10%
9.91%
8.08%
14.27%
15.84%
23.58%
18.36%
 
Cost Of Goods Sold
17,985.31
49,143.19
39,627.56
36,751.82
34,803.93
31,275.28
29,211.39
26,229.93
25,695.82
20,994.39
17,123.26
Gross Profit
128,155.73
91,863.90
80,055.60
72,559.99
66,318.55
60,729.30
55,917.01
48,268.07
38,617.29
31,049.39
26,846.54
GP Margin
87.69%
65.15%
66.89%
66.38%
65.58%
66.01%
65.69%
64.79%
60.05%
59.66%
61.06%
Total Expenditure
121,010.46
119,052.04
103,128.02
92,650.88
85,431.57
76,329.83
71,101.05
62,253.33
53,691.79
43,346.41
36,748.36
Power & Fuel Cost
-
2,240.48
1,399.62
1,423.19
1,243.45
1,074.48
1,157.69
990.53
779.76
563.79
430.81
% Of Sales
-
1.59%
1.17%
1.30%
1.23%
1.17%
1.36%
1.33%
1.21%
1.08%
0.98%
Employee Cost
-
18,100.58
15,270.79
13,853.97
13,330.84
11,931.31
10,499.82
8,227.83
6,874.61
5,253.68
2,996.76
% Of Sales
-
12.84%
12.76%
12.67%
13.18%
12.97%
12.33%
11.04%
10.69%
10.09%
6.82%
Manufacturing Exp.
-
32,412.39
29,388.40
29,906.38
26,709.94
23,263.20
22,556.99
20,426.68
15,150.30
11,928.47
12,906.34
% Of Sales
-
22.99%
24.56%
27.36%
26.41%
25.28%
26.50%
27.42%
23.56%
22.92%
29.35%
General & Admin Exp.
-
8,536.41
6,818.19
6,282.93
6,263.40
5,911.91
5,364.94
4,537.06
3,403.62
2,829.01
2,217.65
% Of Sales
-
6.05%
5.70%
5.75%
6.19%
6.43%
6.30%
6.09%
5.29%
5.44%
5.04%
Selling & Distn. Exp.
-
596.39
675.39
856.63
790.04
804.87
640.74
546.28
436.63
446.70
355.28
% Of Sales
-
0.42%
0.56%
0.78%
0.78%
0.87%
0.75%
0.73%
0.68%
0.86%
0.81%
Miscellaneous Exp.
-
8,022.60
9,948.07
3,575.96
2,289.97
2,068.78
1,669.48
1,295.02
1,351.05
1,330.37
355.28
% Of Sales
-
5.69%
8.31%
3.27%
2.26%
2.25%
1.96%
1.74%
2.10%
2.56%
1.63%
EBITDA
25,130.58
21,955.05
16,555.14
16,660.93
15,690.91
15,674.75
14,027.35
12,244.67
10,621.32
8,697.37
7,221.44
EBITDA Margin
17.20%
15.57%
13.83%
15.24%
15.52%
17.04%
16.48%
16.44%
16.52%
16.71%
16.42%
Other Income
2,077.09
3,978.41
4,806.53
1,492.15
919.90
1,083.52
1,040.46
1,257.73
884.05
1,077.51
2,623.42
Interest
10,561.83
9,563.29
7,916.78
7,017.22
6,898.68
7,265.78
6,494.26
4,642.28
3,008.34
1,931.42
1,520.19
Depreciation
2,226.00
2,084.00
1,928.73
2,369.93
1,786.73
2,622.95
1,445.82
1,637.07
1,580.29
1,318.88
979.32
PBT
14,326.29
14,286.17
11,516.16
8,765.93
7,925.40
6,869.54
7,127.73
7,223.05
6,916.74
6,524.58
7,345.35
Tax
3,619.41
4,343.34
3,198.87
2,006.59
2,436.96
2,253.24
2,607.58
2,385.54
2,282.55
2,345.56
2,037.40
Tax Rate
25.26%
29.79%
27.48%
22.58%
30.39%
31.22%
34.85%
31.23%
32.73%
34.49%
27.74%
PAT
10,706.88
8,926.13
7,805.72
6,436.50
5,270.84
4,762.68
4,913.56
5,180.20
4,656.20
4,376.59
5,210.42
PAT before Minority Interest
9,356.40
10,237.58
8,440.29
6,880.77
5,582.66
4,964.00
4,875.40
5,252.38
4,690.96
4,455.15
5,307.95
Minority Interest
-1,350.48
-1,311.45
-634.57
-444.27
-311.82
-201.32
38.16
-72.18
-34.76
-78.56
-97.53
PAT Margin
7.33%
6.33%
6.52%
5.89%
5.21%
5.18%
5.77%
6.95%
7.24%
8.41%
11.85%
PAT Growth
13.79%
14.35%
21.27%
22.12%
10.67%
-3.07%
-5.15%
11.25%
6.39%
-16.00%
 
Unadjusted EPS
69.64
63.51
52.62
43.20
45.48
51.33
53.04
55.75
76.81
73.56
91.90

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Mar 12
Mar 11
Mar 10
Shareholder's Funds
62,374.80
54,903.50
50,216.52
44,180.36
40,909.07
37,711.61
33,859.69
29,386.78
25,050.55
20,991.26
Share Capital
280.55
280.27
186.59
186.30
185.91
185.38
123.08
122.48
121.77
120.44
Total Reserves
61,757.20
54,306.11
49,726.68
43,711.84
40,418.06
37,149.44
33,289.69
28,781.12
24,514.93
20,521.37
Non-Current Liabilities
71,925.21
71,743.22
67,140.21
61,234.61
70,561.03
60,275.71
52,724.28
42,075.07
30,096.11
24,760.35
Secured Loans
57,298.20
49,092.72
42,321.55
36,521.71
44,225.27
41,673.74
33,288.72
28,900.29
19,422.98
16,120.68
Unsecured Loans
16,822.59
23,822.04
25,019.03
24,702.13
24,243.49
16,737.90
17,584.87
11,709.71
9,835.83
8,486.64
Long Term Provisions
556.84
523.54
526.60
424.66
1,000.80
502.50
506.17
540.85
274.25
0.00
Current Liabilities
134,589.02
109,274.38
89,525.12
85,046.43
79,096.62
70,190.00
55,962.21
48,281.71
40,481.83
24,644.30
Trade Payables
42,994.81
37,797.38
30,294.86
27,003.56
24,649.64
20,849.88
18,053.65
17,401.23
14,687.72
11,296.34
Other Current Liabilities
58,195.37
48,867.26
39,787.69
40,759.11
32,116.29
30,207.94
25,291.86
21,196.65
17,569.47
9,526.48
Short Term Borrowings
29,223.84
19,331.85
16,534.47
14,896.75
16,729.39
13,858.52
7,965.76
5,256.36
4,036.83
0.00
Short Term Provisions
4,175.00
3,277.89
2,908.10
2,387.01
5,601.30
5,273.66
4,650.94
4,427.47
4,187.81
3,821.48
Total Liabilities
275,715.14
241,122.53
210,445.45
193,354.24
195,565.34
171,356.50
145,199.05
121,497.02
96,654.49
71,483.16
Net Block
16,939.38
14,234.33
13,063.85
14,175.70
34,977.42
32,636.82
30,628.58
19,642.60
15,863.52
12,599.87
Gross Block
24,333.83
20,038.88
17,084.26
16,521.75
45,783.38
41,519.24
38,203.15
25,777.61
20,521.62
16,108.12
Accumulated Depreciation
7,121.61
5,538.53
3,869.31
2,284.44
10,744.71
8,821.27
7,469.13
6,079.98
4,608.61
3,458.05
Non Current Assets
108,731.40
99,492.08
88,604.20
85,901.69
99,633.38
83,663.27
67,343.36
54,928.29
42,121.91
20,269.90
Capital Work in Progress
13,919.49
13,443.43
13,297.94
10,974.45
14,992.78
14,178.52
11,350.52
14,913.23
12,362.37
6,618.43
Non Current Investment
11,428.66
10,192.92
9,066.06
7,970.89
1,646.80
1,432.79
1,224.19
1,564.87
1,503.33
1,290.96
Long Term Loans & Adv.
65,299.82
61,007.08
52,318.75
52,217.10
47,884.22
35,528.37
24,257.71
18,876.14
12,545.76
0.00
Other Non Current Assets
1,144.05
614.32
857.60
563.55
371.52
126.13
121.72
170.81
86.29
0.00
Current Assets
166,983.74
141,630.45
121,841.25
107,452.55
95,834.76
87,594.71
77,763.01
66,492.64
54,521.79
51,213.26
Current Investments
13,946.17
9,464.25
14,300.22
7,494.19
7,965.32
6,676.16
7,543.31
7,224.62
7,712.44
8,569.90
Inventories
6,413.93
4,847.80
4,139.74
4,854.21
6,508.40
5,527.47
5,169.46
4,228.16
3,040.27
2,446.14
Sundry Debtors
37,038.17
33,116.98
28,688.97
26,024.98
30,089.37
26,384.55
23,011.32
20,651.10
14,119.45
12,522.63
Cash & Bank
11,726.24
8,032.73
5,305.96
5,389.91
5,756.21
4,096.57
3,566.14
3,378.58
3,644.64
3,321.59
Other Current Assets
97,859.23
45,253.61
26,748.28
36,810.98
45,515.46
44,909.96
38,472.78
31,010.18
26,004.99
24,353.00
Short Term Loans & Adv.
49,497.76
40,915.08
42,658.08
26,878.28
21,171.56
20,445.56
18,443.08
15,683.96
13,477.36
24,249.06
Net Current Assets
32,394.72
32,356.07
32,316.13
22,406.12
16,738.14
17,404.71
21,800.80
18,210.93
14,039.96
26,568.96
Total Assets
275,715.14
241,122.53
210,445.45
193,354.24
195,565.34
171,356.50
145,199.05
121,497.02
96,654.49
71,483.16

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Mar 12
Mar 11
Mar 10
Cash From Operating Activity
-4,716.85
-10,031.02
6,655.26
-3,239.59
-1,365.38
-7,142.77
-4,354.76
-6,226.77
-1,615.61
2,117.84
PBT
14,580.92
11,639.16
8,765.93
7,925.40
6,869.54
7,127.73
7,223.05
6,916.74
6,524.58
7,345.35
Adjustment
1,531.10
1,608.98
2,488.97
2,559.48
3,327.97
4,056.58
3,116.30
2,503.73
1,512.74
-641.03
Changes in Working Capital
-16,247.28
-19,875.72
-1,397.97
-10,509.78
-8,583.65
-15,380.42
-12,162.39
-12,795.66
-6,983.90
-2,831.76
Cash after chg. in Working capital
-135.26
-6,627.58
9,856.93
-24.90
1,613.86
-4,196.11
-1,823.04
-3,375.19
1,053.42
3,872.56
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-4,581.59
-3,403.44
-3,201.67
-3,214.69
-2,979.24
-2,946.66
-2,531.72
-2,851.58
-2,669.03
-1,754.72
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
-10,999.39
3,914.50
-9,795.94
-4,626.56
-4,778.15
-5,509.87
-6,922.35
-5,864.18
-5,928.72
-4,997.04
Net Fixed Assets
-1,332.02
-931.47
-699.68
4,003.32
-558.78
356.95
-1,266.30
-1,588.26
-1,563.72
-1,493.51
Net Investments
2,598.51
-658.63
-2,717.51
-1,385.18
-3,838.26
-3,111.25
-231.49
-1,187.08
-979.47
-5,441.63
Others
-12,265.88
5,504.60
-6,378.75
-7,244.70
-381.11
-2,755.57
-5,424.56
-3,088.84
-3,385.53
1,938.10
Cash from Financing Activity
15,440.98
9,370.46
2,895.93
7,252.70
7,902.86
13,135.63
11,429.36
11,967.65
7,868.18
4,770.05
Net Cash Inflow / Outflow
-275.26
3,253.94
-244.75
-613.45
1,759.33
482.99
152.25
-123.30
323.85
1,890.85
Opening Cash & Equivalents
6,798.69
3,544.75
3,789.50
4,402.96
4,086.57
3,603.58
3,451.33
3,645.44
3,321.59
1,459.04
Closing Cash & Equivalent
6,523.43
6,798.69
3,544.75
3,789.51
5,845.90
4,086.57
3,603.58
3,522.14
3,645.44
3,321.59

Financial Ratios

Consolidated /

Standalone
Description
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Mar 12
Mar 11
Mar 10
Book Value (Rs.)
442.26
389.53
356.67
314.18
290.40
267.68
240.49
209.04
179.55
152.12
ROA
3.96%
3.74%
3.41%
2.87%
2.71%
3.08%
3.94%
4.30%
5.30%
8.30%
ROE
17.56%
16.15%
14.67%
13.23%
12.78%
13.83%
16.92%
17.57%
19.71%
30.96%
ROCE
13.78%
12.76%
11.50%
11.19%
11.32%
12.60%
13.55%
13.94%
16.19%
22.19%
Fixed Asset Turnover
6.36
6.46
6.55
3.27
2.13
2.15
2.35
2.81
2.86
3.10
Receivable days
90.80
94.10
90.77
100.42
111.11
104.96
105.97
97.68
92.67
98.90
Inventory Days
14.58
13.68
14.92
20.34
23.68
22.73
22.81
20.42
19.08
20.38
Payable days
139.36
136.63
119.58
113.31
110.51
104.35
107.59
116.71
116.97
105.14
Cash Conversion Cycle
-33.99
-28.84
-13.89
7.45
24.27
23.34
21.19
1.39
-5.22
14.14
Total Debt/Equity
2.02
1.97
1.88
2.01
2.31
2.25
2.00
1.79
1.52
1.19
Interest Cover
2.52
2.47
2.27
2.16
1.99
2.15
2.65
3.32
4.52
5.83

Annual Reports:

FY 2019
FY 2018
FY 2017
FY 2016
FY 2015
FY 2014
FY 2013
FY 2012
FY 2011
FY 2010

News Update:


  • L&T’s construction arm bags contract from Indian Army
    7th Apr 2020, 11:18 AM

    The company has secured a large order for its Smart World & Communication Business

    Read More
  • Larsen & Toubro planning to raise funds through debt securities
    6th Apr 2020, 12:52 PM

    The meeting of the Board of Directors of the company is scheduled to be held on April 09, 2020

    Read More
  • L&T launches programme to train rural women in wielding technology
    9th Mar 2020, 10:31 AM

    It is a unique program initiated around International Women’s Day to enhance the technical skillsets of women students

    Read More
  • L&T planning to cut debt by Rs 30,000 crore in next financial year: Report
    5th Mar 2020, 16:14 PM

    The company’s plan for the next financial year is to become asset light and reduce debt wherever possible

    Read More
  • L&T’s construction arm bags orders in India, overseas
    3rd Mar 2020, 09:49 AM

    On the domestic front, the business has won an order to design and construct a 50 MW Solar Photovoltaic Plant in Tamil Nadu

    Read More
  • Larsen & Toubro-built fifth offshore patrol vessel commissioned into ICG
    28th Feb 2020, 12:54 PM

    ICGS Varad set a record in Indian shipbuilding industry by becoming the first major defence ship to clear all SATs

    Read More
  • L&T’s construction arm bags new orders in India, abroad
    27th Feb 2020, 11:01 AM

    Heavy civil business has secured an order from Konkan LNG based on open competitive bidding process

    Read More
  • L&T’s construction arm opens digitally transformed corporate museum in Chennai
    20th Feb 2020, 14:09 PM

    The museum is a manifestation of all the key milestones the company has achieved

    Read More
  • L&T’s construction arm secures orders in India, abroad
    10th Feb 2020, 11:03 AM

    The business has won an order in Gujarat to construct a 765kV Double Circuit Transmission Line

    Read More
  • L&T’s arm completes India’s second-largest operational metro rail project at Hyderabad
    10th Feb 2020, 09:10 AM

    The 11 km Corridor - II - Green Line featuring 9 stations connects the twin cities of Secunderabad with Hyderabad at the MGBS on the Musi River

    Read More
  • L&T, ideaForge sign MoU to offer drones, allied systems
    7th Feb 2020, 12:47 PM

    The MoU involves collaboration on technology, products, deployment and go-to-market strategies

    Read More
  • L&T, Mitsubishi build best-in-class hot strip mill at SAIL Rourkela
    5th Feb 2020, 11:15 AM

    The new Hot Strip Mill-2 at SAIL’s Rourkela Steel Plant rolled out its first HR Coil, within 2 days of commencement of hot trials

    Read More
  • L&T’s construction arm bags order for design freight handling facilities in UAE
    4th Feb 2020, 10:05 AM

    This project will be executed in Joint Venture with Power China

    Read More
  • L&T’s JV sets up Missile Integration facility in Tamil Nadu
    3rd Feb 2020, 10:58 AM

    LTMMSL has set up the assembly, inert integration and testing facility for Missile Sub-systems and Missile Weapon Launch Systems

    Read More
  • L&T’s construction arm secures order from NVDA
    30th Jan 2020, 10:07 AM

    This is a repeat order from NVDA, for whom company is already executing the Parwati Phase I and II and various other projects

    Read More
  • L&T raises Rs 1,000 crore via NCDs
    25th Jan 2020, 09:05 AM

    The instrument will mature on April 24, 2023

    Read More
  • Larsen & Toubro reports 15% rise in Q3 consolidated net profit
    23rd Jan 2020, 11:11 AM

    Total consolidated income of the company increased by 5.44% at Rs 36717.60 crore for Q3FY20

    Read More
  • L&T to raise Rs 1,000 crore via NCDs
    22nd Jan 2020, 09:59 AM

    The company will issue Rated, Listed, Unsecured, Redeemable Non-Convertible Debentures on private placement basis

    Read More
  • L&T delivers 51st K9 VAJRA-T Gun to Indian Army
    17th Jan 2020, 16:04 PM

    L&T Defence is currently executing the ‘K9 VAJRA-T’ Tracked, Self-Propelled Howitzer Guns program

    Read More
  • L&T’s construction arm bags orders across various Indian states
    15th Jan 2020, 11:21 AM

    Buildings and factories business has secured an order for Engineering, Procurement and Construction of a 300 bedded multi-specialty hospital at Tirupathi, Andhra Pradesh

    Read More
  • L&T to list commercial paper at BSE for issue size of Rs 2,995 crore
    13th Jan 2020, 10:27 AM

    Post process, the effective date of listing for the same at BSE is January 13, 2020

    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.