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LT Stock Chart & Stats
₹4043.80
₹20.40(0.54%)
At close: 4:00 PM EDT
₹4043.80
₹20.40(0.54%)
Day’s Range― - ―
52-Week Range₹3,288.65 - ₹4,440.00
Previous CloseN/A
Volume1.45M
Average Volume (3M)122.16K
Market Cap
₹4.98T
Enterprise Value₹5.47T
Total Cash (Recent Filing)₹803.73B
Total Debt (Recent Filing)₹1.25T
Price to Earnings (P/E)28.4
Beta1.33
Next Earnings
Nov 04, 2026EPS Estimate
32.9Next Dividend Ex-DateN/A
Dividend Yield1.05%
Share Statistics
EPS (TTM)121.63
Shares Outstanding1,375,895,000
10 Day Avg. Volume147,112
30 Day Avg. Volume122,160
Financial Highlights & Ratios
PEG Ratio4.28
Price to Book (P/B)4.41
Price to Sales (P/S)1.69
P/FCF Ratio40.13
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹5,000.00Price Target Upside23.65% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)146.14
Revenue Forecast (FY)₹3.19T
Bulls Say, Bears Say
Bulls Say
Large And Growing Order BookThe expanding order book gives L&T substantial contracted work to execute over multiple years, improving revenue visibility and supporting capacity planning. Strong order momentum also indicates continued customer demand and creates a durable base for achieving management’s medium-term growth guidance.
International And Renewable-energy ExpansionInternational growth and offshore-wind wins broaden L&T’s geographic and end-market exposure beyond domestic construction cycles. The renewable transmission platform can strengthen its competitive position in complex engineering projects and support a larger, more diversified future backlog.
Improving Working Capital And Cash GenerationThe sharp reduction in net working capital intensity releases funds from project operations and improves the conversion of accounting earnings into cash. Higher collections and positive operating cash flow enhance funding flexibility for execution, investment, and balance-sheet management.
Bears Say
Meaningful LeverageDebt-to-equity above 1.0 leaves L&T less financially conservative than a lower-leveraged business and increases sensitivity to interest costs, refinancing conditions, and project delays. Although equity has grown and returns remain healthy, leverage can constrain flexibility during weaker execution periods.
Margin CompressionLower group and PP&M margins indicate that revenue growth is not currently translating into proportional operating-profit expansion. If cost pressure, mix effects, foreign-exchange impacts, or execution inefficiencies persist, weaker margins could reduce earnings resilience across the project cycle.
Volatile Cash ConversionPositive free cash flow is tempered by uneven conversion and recurring working-capital swings typical of project execution. This variability makes internally generated cash less predictable, potentially increasing reliance on financing and complicating investment planning when project milestones or collections move unevenly.
Larsen & Toubro Limited News
LT FAQ
What was Larsen & Toubro Limited’s price range in the past 12 months?
Larsen & Toubro Limited lowest stock price was ₹3288.65 and its highest was ₹4440.00 in the past 12 months.
What is Larsen & Toubro Limited’s market cap?
Larsen & Toubro Limited’s market cap is ₹4.98T.
When is Larsen & Toubro Limited’s upcoming earnings report date?
Larsen & Toubro Limited’s upcoming earnings report date is Nov 04, 2026 which is in 25 days.
How were Larsen & Toubro Limited’s earnings last quarter?
Larsen & Toubro Limited released its earnings results on Jul 28, 2026. The company reported ₹29.96 earnings per share for the quarter, beating the consensus estimate of ₹27.475 by ₹2.485.
Is Larsen & Toubro Limited overvalued?
According to Wall Street analysts Larsen & Toubro Limited’s price is currently Undervalued.
Does Larsen & Toubro Limited pay dividends?
Larsen & Toubro Limited pays a Annually dividend of ₹38 which represents an annual dividend yield of 1.05%. See more information on Larsen & Toubro Limited dividends here
What is Larsen & Toubro Limited’s EPS estimate?
Larsen & Toubro Limited’s EPS estimate is 32.9.
How many shares outstanding does Larsen & Toubro Limited have?
Larsen & Toubro Limited has 1,375,895,000 shares outstanding.
What happened to Larsen & Toubro Limited’s price movement after its last earnings report?
Larsen & Toubro Limited reported an EPS of ₹29.96 in its last earnings report, beating expectations of ₹27.475. Following the earnings report the stock price went up 0.748%.
Which hedge fund is a major shareholder of Larsen & Toubro Limited?
Currently, no hedge funds are holding shares in IN:LT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Larsen & Toubro Limited
Larsen & Toubro Limited engages in engineering, procurement, and construction projects (EPC) in India and internationally. The Infrastructure Projects segment is involved in the engineering and construction of building and factories, transportation infrastructure, heavy civil infrastructure, power transmission and distribution, water and effluent treatment, and minerals and metals. The Energy Projects segment provides EPC solutions in oil & gas, refineries, petrochemicals & offshore wind energy sectors, from front-end design through detailed engineering, modular fabrication, procurement, project management, construction, installation and commissioning; CarbonLite solutions for power generation plants including power generation equipment with associated systems; and carbon capture utilization and utility packages. The Hi-Tech Manufacturing segment designs, manufactures/constructs, supplies, and revamps/retrofits custom designed engineered critical equipment and systems for the process plants, nuclear energy, and green hydrogen sectors; marine and land platforms, related equipment and systems, and aerospace products and systems; precision and electronics products and systems for defense, security, space, and industrial sectors; and electrolysers. The IT & Technology Services segment offers information technology and integrated engineering services, e-commerce/digital platforms and data centers, and semiconductor chip design solutions. The Financial Services segment provides retail finance. The Development Projects segment develops, operates, and maintains metro project comprising transit-oriented development, toll roads, power generation and development, thermal power, and green energy. The Others segment engages in realty, manufacture and sale of industrial valves; marketing and servicing of construction equipment, mining machinery and parts, and processing machinery. Larsen & Toubro Limited has a strategic partnership with General Atomics Aeronautical Systems, Inc. to manufacture Medium Altitude Long Endurance (MALE) Remotely Piloted Aircraft Systems (RPAS) in India, for the Indian armed forces. Larsen & Toubro Limited was founded in 1938 and is headquartered in Mumbai, India.
LT Stock 12 Month Forecast
Average Price Target
₹5,000.00
▲(23.65% Upside)
Technical Analysis
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