Larsen & Toubro, 500510, LT Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

5,05,810.08
31.87
2

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

6,12,404.08
0.92%
4.98

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

26.28
30.99
33.62

P:BV (Average)

8 Years
5 Years
3 Years

3.65
4.00
4.80

EV:EBITDA (Average)

8 Years
5 Years
3 Years

13.71
14.67
16.07

Earnings Forecasts:

(Updated: 06-06-2025)

Description 2024 2025 2026 2027
Adj EPS 93.96 109.36 133.41 160.83
P/E Ratio 39.13 33.62 27.56 22.86
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 7.85 5.18 4.60 4.02
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 Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var% Sep 24 Sep 23 Var%
Net Sales 33,470.73 30,277.15 10.55% 42,328.96 39,550.54 7.02% 34,984.28 31,600.92 10.71% 34,918.36 28,151.12 24.04%
Expenses 31,079.68 28,280.97 9.90% 38,571.45 36,062.71 6.96% 32,089.73 29,141.87 10.12% 31,963.78 26,230.49 21.86%
EBITDA 2,391.05 1,996.18 19.78% 3,757.51 3,487.83 7.73% 2,894.55 2,459.05 17.71% 2,954.58 1,920.63 53.83%
EBIDTM 7.14% 6.59% 8.88% 8.82% 8.27% 7.78% 8.46% 6.82%
Other Income 2,606.00 2,446.21 6.53% 1,196.56 1,018.53 17.48% 1,197.38 1,225.60 -2.30% 833.38 2,236.28 -62.73%
Interest 474.12 567.18 -16.41% 502.65 644.46 -22.00% 542.51 629.84 -13.87% 583.12 584.18 -0.18%
Depreciation 482.84 481.49 0.28% 487.38 519.05 -6.10% 487.96 438.45 11.29% 504.86 415.56 21.49%
PBT 4,040.09 3,393.72 19.05% 4,438.82 3,392.87 30.83% 3,061.46 2,616.36 17.01% 2,699.98 3,157.17 -14.48%
Tax 554.79 424.63 30.65% 929.83 677.59 37.23% 642.08 480.18 33.72% 706.87 447.45 57.98%
PAT 3,485.30 2,969.09 17.39% 3,508.99 2,715.28 29.23% 2,419.38 2,136.18 13.26% 1,993.11 2,709.72 -26.45%
PATM 10.41% 9.81% 8.29% 6.87% 6.92% 6.76% 5.71% 9.63%
EPS 25.63 21.83 17.41% 25.80 19.96 29.26% 17.79 15.71 13.24% 14.65 19.92 -26.46%

Description Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var% Sep 24 Sep 23 Var%
Net Sales 63,678.92 55,119.82 15.53% 74,392.28 67,078.68 10.90% 64,667.78 55,127.82 17.31% 61,554.58 51,024.04 20.64%
Expenses 55,654.91 48,074.00 15.77% 64,516.34 58,425.64 10.42% 56,769.62 47,929.17 18.44% 53,637.53 43,983.57 21.95%
EBITDA 8,024.01 7,045.82 13.88% 9,875.94 8,653.04 14.13% 7,898.16 7,198.65 9.72% 7,917.05 7,040.47 12.45%
EBIDTM 12.60% 12.78% 13.28% 12.90% 12.21% 13.06% 12.86% 13.80%
Other Income 1,356.78 920.64 47.37% 1,135.05 1,041.74 8.96% 967.87 837.75 15.53% 1,101.27 1,132.98 -2.80%
Interest 2,487.96 2,291.89 8.55% 2,419.33 2,345.35 3.15% 2,486.00 2,343.82 6.07% 2,439.39 2,272.49 7.34%
Depreciation 1,033.30 997.92 3.55% 1,052.42 1,021.20 3.06% 1,047.00 920.75 13.71% 1,023.84 909.89 12.52%
PBT 5,859.53 4,676.65 25.29% 8,014.02 6,421.84 24.79% 5,333.03 4,771.83 11.76% 5,555.09 4,991.07 11.30%
Tax 1,533.96 1,236.54 24.05% 1,880.58 1,418.30 32.59% 1,332.00 1,177.32 13.14% 1,442.28 1,135.52 27.01%
PAT 4,325.57 3,440.11 25.74% 6,133.44 5,003.54 22.58% 4,001.03 3,594.51 11.31% 4,112.81 3,855.55 6.67%
PATM 6.79% 6.24% 8.24% 7.46% 6.19% 6.52% 6.68% 7.56%
EPS 26.30 20.26 29.81% 39.97 31.98 24.98% 24.43 21.44 13.95% 24.69 23.45 5.29%

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 1,45,702.33 1,42,509.01 1,26,233.36 1,10,500.98 1,01,000.41 87,255.48 86,940.99 87,217.98 74,462.55 65,723.86 63,177.26 Net Sales Growth 12.44% 12.89% 14.24% 9.41% 15.75% 0.36% -0.32% 17.13% 13.30% 4.03% Cost Of Goods Sold 19,100.26 63,177.00 56,143.53 49,407.30 43,162.60 36,752.38 34,961.24 35,027.75 30,690.06 27,476.88 27,460.85 Gross Profit 1,26,602.07 79,332.01 70,089.83 61,093.68 57,837.81 50,503.10 51,979.75 52,190.23 43,772.49 38,246.98 35,716.41 GP Margin 86.89% 55.67% 55.52% 55.29% 57.26% 57.88% 59.79% 59.84% 58.78% 58.19% 56.53% Total Expenditure 1,33,704.64 1,32,814.33 1,17,043.18 1,02,538.65 91,963.48 79,079.87 79,546.02 79,032.41 69,645.13 59,299.65 57,209.69 Power & Fuel Cost - 2,262.89 2,522.55 2,648.52 2,112.87 1,419.26 1,755.52 1,735.16 1,014.92 1,100.75 977.38 % Of Sales - 1.59% 2.00% 2.40% 2.09% 1.63% 2.02% 1.99% 1.36% 1.67% 1.55% Employee Cost - 10,380.08 9,040.16 8,298.22 7,396.88 6,398.20 5,955.98 5,732.60 5,614.74 5,147.38 4,974.80 % Of Sales - 7.28% 7.16% 7.51% 7.32% 7.33% 6.85% 6.57% 7.54% 7.83% 7.87% Manufacturing Exp. - 45,838.08 40,528.71 34,063.22 32,399.25 27,213.61 27,599.08 24,584.75 23,179.38 20,350.01 18,741.55 % Of Sales - 32.17% 32.11% 30.83% 32.08% 31.19% 31.74% 28.19% 31.13% 30.96% 29.67% General & Admin Exp. - 7,000.96 6,189.44 5,462.05 4,764.32 4,833.26 3,799.81 6,293.47 3,974.71 3,795.06 3,684.72 % Of Sales - 4.91% 4.90% 4.94% 4.72% 5.54% 4.37% 7.22% 5.34% 5.77% 5.83% Selling & Distn. Exp. - 178.00 157.21 160.33 129.77 92.00 120.28 81.10 96.07 93.17 93.03 % Of Sales - 0.12% 0.12% 0.15% 0.13% 0.11% 0.14% 0.09% 0.13% 0.14% 0.15% Miscellaneous Exp. - 3,977.32 2,461.58 2,499.01 1,997.79 2,371.16 5,354.11 5,577.58 5,075.25 1,336.40 93.03 % Of Sales - 2.79% 1.95% 2.26% 1.98% 2.72% 6.16% 6.39% 6.82% 2.03% 2.02% EBITDA 11,997.69 9,694.68 9,190.18 7,962.33 9,036.93 8,175.61 7,394.97 8,185.57 4,817.42 6,424.21 5,967.57 EBITDA Margin 8.23% 6.80% 7.28% 7.21% 8.95% 9.37% 8.51% 9.39% 6.47% 9.77% 9.45% Other Income 5,833.32 7,987.90 6,249.30 5,745.92 4,024.52 3,881.67 3,441.53 3,273.47 4,761.59 2,180.26 2,411.49 Interest 2,102.40 2,620.58 2,786.33 2,503.91 2,147.54 2,769.22 2,591.69 2,069.98 1,697.70 1,525.41 1,686.32 Depreciation 1,963.04 1,963.02 1,753.17 1,371.64 1,172.50 1,150.68 1,020.51 999.55 1,049.46 1,215.19 997.40 PBT 14,240.35 13,098.98 10,899.98 9,832.70 9,741.41 8,137.38 7,224.30 8,389.51 6,831.85 5,863.87 5,695.34 Tax 2,833.57 2,703.04 2,016.56 1,983.73 2,129.25 2,171.42 1,172.08 2,540.47 1,875.08 1,304.10 1,256.04 Tax Rate 19.90% 19.91% 17.77% 20.17% 21.27% 40.83% 14.93% 25.32% 25.82% 19.30% 20.08% PAT 11,406.78 10,870.72 9,331.41 7,848.97 7,879.45 3,147.31 6,679.21 7,491.39 5,387.30 5,453.74 4,999.58 PAT before Minority Interest 11,406.78 10,870.72 9,331.41 7,848.97 7,879.45 3,147.31 6,679.21 7,491.39 5,387.30 5,453.74 4,999.58 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 7.83% 7.63% 7.39% 7.10% 7.80% 3.61% 7.68% 8.59% 7.23% 8.30% 7.91% PAT Growth 8.32% 16.50% 18.89% -0.39% 150.36% -52.88% -10.84% 39.06% -1.22% 9.08% EPS 83.87 79.93 68.61 57.71 57.93 23.14 49.11 55.08 39.61 40.10 36.76

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 2,64,293.56 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 15.74% 15.66% 20.60% 17.13% 15.11% -9.96% 6.87% 18.07% 9.49% 8.10% Cost Of Goods Sold 29,628.90 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 2,34,664.66 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 88.79% 63.96% 65.47% 67.20% 68.31% 69.35% 68.59% 67.25% 66.89% 66.38% 65.58% Total Expenditure 2,30,578.40 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 33,715.16 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 12.76% 11.13% 12.37% 13.31% 12.73% 15.50% 15.29% 15.45% 13.83% 15.24% 15.52% Other Income 4,560.97 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 9,832.68 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 4,156.56 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 24,761.67 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 6,188.82 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% 24.99% 24.11% 26.21% 29.00% 46.21% 24.39% 29.79% 27.48% 22.58% 30.39% PAT 18,572.85 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 15,894.62 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 -2,678.23 -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 7.03% 5.89% 5.92% 5.76% 5.46% 2.45% 6.28% 6.32% 6.52% 5.89% 5.21% PAT Growth 16.86% 15.05% 23.82% 23.70% 156.44% -64.86% 6.17% 14.35% 21.27% 22.12% EPS 136.56 110.66 96.18 77.68 62.80 24.49 69.68 65.63 57.39 47.32 38.75

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 71,895.84 64,516.10 71,527.95 67,114.05 61,737.82 52,175.35 50,048.42 49,174.25 46,012.74 42,135.31 Share Capital 275.04 274.93 281.10 281.01 280.91 280.78 280.55 280.27 186.59 186.30 Total Reserves 71,487.70 64,115.48 71,172.23 66,743.66 61,369.29 51,794.65 49,660.96 48,781.83 45,648.90 41,706.78 Non-Current Liabilities 8,866.76 11,250.82 8,654.26 12,680.45 16,718.85 6,572.76 3,510.10 5,677.32 7,412.17 8,606.11 Secured Loans 0.00 0.00 0.00 1,328.89 1,328.48 1,380.78 1,380.20 0.00 408.55 408.31 Unsecured Loans 9,286.00 11,931.14 9,390.85 11,639.52 15,318.25 5,804.93 2,391.87 5,495.16 6,725.73 7,904.16 Long Term Provisions 765.72 703.43 636.97 645.27 655.90 611.23 497.62 472.87 470.68 371.50 Current Liabilities 1,04,109.06 98,402.66 89,704.66 87,567.48 80,704.68 81,380.28 70,259.35 60,354.49 48,528.31 48,723.39 Trade Payables 38,795.99 40,741.26 41,780.37 45,385.34 40,769.78 36,629.39 36,225.03 31,095.00 24,338.32 22,215.92 Other Current Liabilities 57,281.81 49,289.08 42,113.49 37,563.40 31,039.88 27,522.47 28,143.64 23,659.73 20,738.59 21,407.67 Short Term Borrowings 3,743.58 4,864.65 3,179.36 2,097.39 6,827.90 15,044.11 4,086.16 4,129.57 2,312.50 4,175.98 Short Term Provisions 4,287.68 3,507.67 2,631.44 2,521.35 2,067.12 2,184.31 1,804.52 1,470.19 1,138.90 923.82 Total Liabilities 1,84,871.66 1,74,169.58 1,69,886.87 1,67,361.98 1,59,161.35 1,40,128.39 1,23,817.87 1,15,206.06 1,01,953.22 99,464.81 Net Block 9,946.82 9,957.30 9,187.39 8,523.54 9,165.09 7,840.37 8,571.92 6,940.53 7,044.59 7,715.37 Gross Block 20,805.41 19,246.40 17,186.55 15,474.88 15,217.69 12,665.13 13,143.04 10,282.52 9,408.74 8,832.99 Accumulated Depreciation 10,757.92 9,188.43 7,896.54 6,848.72 5,949.98 4,720.16 4,468.61 3,239.48 2,261.64 1,110.69 Non Current Assets 52,299.10 49,049.61 46,344.76 45,344.12 43,916.02 44,493.28 32,758.70 35,803.67 31,853.75 32,373.67 Capital Work in Progress 1,139.09 1,423.67 1,954.77 582.76 286.72 797.21 759.08 652.87 503.78 412.13 Non Current Investment 32,853.88 30,649.26 27,036.97 27,049.50 27,180.62 27,975.28 18,197.30 22,994.26 19,776.81 19,187.86 Long Term Loans & Adv. 6,245.63 5,439.76 7,338.83 8,214.89 6,875.47 7,575.94 4,653.40 4,796.92 4,028.24 4,584.22 Other Non Current Assets 806.52 418.36 258.23 383.79 408.12 304.48 577.00 419.09 500.33 474.09 Current Assets 1,32,415.12 1,23,942.06 1,22,199.57 1,22,017.86 1,15,245.33 95,635.11 91,059.17 79,402.39 70,099.47 67,091.14 Current Investments 24,788.29 16,813.34 20,224.29 18,478.22 22,232.95 6,059.15 4,706.85 4,344.98 6,982.08 4,803.32 Inventories 3,398.77 3,520.97 3,428.56 3,132.51 2,877.57 2,769.90 3,349.24 2,500.05 1,762.86 1,955.11 Sundry Debtors 38,330.18 36,960.51 33,152.58 36,347.35 33,331.60 27,912.96 28,212.55 22,917.45 19,921.95 18,967.75 Cash & Bank 4,346.61 4,770.97 4,569.64 6,498.51 4,175.54 3,938.39 7,619.97 4,318.06 3,535.72 3,570.26 Other Current Assets 61,551.27 433.31 594.66 514.67 52,627.67 54,954.71 47,170.56 45,321.85 37,896.86 37,794.70 Short Term Loans & Adv. 60,765.24 61,442.96 60,229.84 57,046.60 51,898.97 19,717.63 18,197.77 8,014.20 15,961.56 15,730.45 Net Current Assets 28,306.06 25,539.40 32,494.91 34,450.38 34,540.65 14,254.83 20,799.82 19,047.90 21,571.16 18,367.75 Total Assets 1,84,714.22 1,72,991.67 1,68,544.33 1,67,361.98 1,59,161.35 1,40,128.39 1,23,817.87 1,15,206.06 1,01,953.22 99,464.81

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 12,723.98 8,297.47 7,263.96 5,998.79 9,560.84 -121.30 2,556.42 2,952.00 5,979.69 3,299.86 PBT 13,098.98 10,899.98 9,832.70 9,741.41 19,336.61 7,224.30 10,031.86 7,262.38 5,863.87 5,695.34 Adjustment -936.09 -511.88 -385.12 -351.25 -10,735.56 973.10 -1,410.66 676.10 1,027.80 710.58 Changes in Working Capital 2,956.42 554.55 146.88 -1,094.65 2,910.90 -6,582.40 -3,377.46 -3,222.16 607.49 -1,489.83 Cash after chg. in Working capital 15,119.31 10,942.65 9,594.46 8,295.51 11,511.95 1,615.00 5,243.74 4,716.32 7,499.16 4,916.09 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -2,395.33 -2,645.18 -2,330.50 -2,296.72 -1,951.11 -1,736.30 -2,687.32 -1,764.32 -1,519.47 -1,616.23 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 -6,352.28 6,358.25 -1,752.71 4,525.87 -2,723.17 -6,833.74 1,585.19 1,786.87 -46.44 -1,522.25 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 5,101.72 8,088.34 3,064.51 1,193.25 14,698.04 3,856.76 116.83 3,390.09 3,388.67 -4,123.25 Cash from Financing Activity -6,725.16 -14,522.06 -7,441.39 -8,360.36 -6,698.15 7,418.62 -4,605.59 -3,489.36 -6,073.16 -2,464.33 Net Cash Inflow / Outflow -353.46 133.66 -1,930.14 2,164.30 139.52 463.58 -463.98 1,249.51 -139.91 -686.72 Opening Cash & Equivalents 3,940.99 3,803.99 5,718.23 3,524.95 3,442.70 2,723.77 3,187.75 1,938.24 2,078.06 2,764.78 Closing Cash & Equivalent 3,583.55 3,940.99 3,802.49 5,718.23 3,524.95 3,187.28 2,723.77 3,187.75 1,938.15 2,078.06

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.) 521.83 468.41 508.38 477.03 438.93 370.93 356.03 350.11 327.53 299.83 ROA 6.06% 5.41% 4.64% 4.83% 2.10% 5.06% 6.27% 4.96% 5.42% 5.32% ROE 15.97% 13.74% 11.34% 12.25% 5.53% 13.09% 15.13% 11.35% 12.43% 12.71% ROCE 17.91% 15.99% 13.93% 14.00% 9.85% 14.92% 19.88% 15.41% 14.71% 14.98% Fixed Asset Turnover 7.12 6.93 6.77 6.69 6.26 6.74 7.45 7.58 7.27 6.04 Receivable days 96.42 101.36 114.78 125.90 128.10 117.81 106.99 104.79 107.05 120.17 Inventory Days 8.86 10.05 10.84 10.86 11.81 12.84 12.24 10.43 10.23 12.09 Payable days 220.96 260.71 314.83 354.75 376.44 376.31 176.67 160.68 149.18 128.95 Cash Conversion Cycle -115.68 -149.30 -189.21 -217.98 -236.53 -245.65 -57.45 -45.46 -31.89 3.31 Total Debt/Equity 0.31 0.35 0.25 0.30 0.40 0.50 0.24 0.22 0.23 0.33 Interest Cover 6.18 5.07 4.93 5.66 2.92 4.03 5.85 5.28 5.43 4.71

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

Top Investors:

l&t employees trust

life insurance corporation of india

bharat 22 etf

sbi arbitrage opportunities fund

nps trust a/c - sbi pension fund - ups - cg schem

government of singapore - e

hdfc mutual fund - hdfc dividend yield fund

general insurance corporation of india

nippon life india trustee ltd-a/c nippon india ret

uti nifty 50 index fund

Annual Reports:

News Update:

L&T’s arm enters into JDA with ITOCHU Corporation of Japan
13th Aug 2025, 15:48 PM

The agreement aims to develop and commercialise a 300 KTPA green ammonia project at Kandla in Gujarat
Read More
L&T secures contract from Adani Power to set up eight thermal power units
11th Aug 2025, 14:57 PM

The order will be executed by L&T Energy - CarbonLite Solutions
Read More
L&T’s Renewables business vertical secures order to develop grid-connected Solar PV plant
4th Aug 2025, 10:53 AM

The advanced BESS solution will feature liquid cooling technology, ensuring higher power density, improved safety, and extended operational life
Read More
Larsen & Toubro reports 30% rise in Q1 consolidated net profit
30th Jul 2025, 10:59 AM

Consolidated total income of the company increased by 16.05% at Rs 65,035.70 crore for Q1FY26
Read More
L&T secures order for Hydrocarbon Offshore business vertical
29th Jul 2025, 11:58 AM

The Hydrocarbon Offshore vertical is a leading provider of engineering, procurement, construction, installation & commissioning (EPCIC) solutions in the offshore oil and gas sector
Read More
L&T’s Buildings & Factories vertical secures orders in India and abroad
24th Jul 2025, 15:59 PM

The B&F business vertical has secured orders from the Andhra Pradesh Capital Region Development Authority for construction of Integrated Andhra Pradesh State Secretariat & HoD Offices (Towers 3 & 4) on design and construction basis
Read More
L&T’s arm to establish India’s first largest green hydrogen plant at IOCL’s Panipat Refinery in Haryana
21st Jul 2025, 11:08 AM

The plant will operate round the clock using renewable energy, aligning with IOCL’s broader strategy to decarbonise its refining operations and contribute to India’s net-zero ambitions
Read More
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 Ltd.

Engineering - Construction

BSE: 500510 | NSE: LT

Stock Summary

Chart

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

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update:

Larsen & Toubro Ltd.

Engineering - Construction

BSE: 500510 | NSE: LT

Stock Summary

Shareholding Pattern

Chart

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

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update: