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LT Stock Chart & Stats
₹4094.95
-₹46.95(-1.29%)
At close: 4:00 PM EST
₹4094.95
-₹46.95(-1.29%)
Day’s Range― - ―
52-Week Range₹3,288.65 - ₹4,440.00
Previous CloseN/A
Volume1.81M
Average Volume (3M)158.84K
Market Cap
₹5.63T
Enterprise Value₹6.83T
Total Cash (Recent Filing)₹803.73B
Total Debt (Recent Filing)₹1.25T
Price to Earnings (P/E)33.6
Beta1.36
Next Earnings
Jul 28, 2026EPS Estimate
24.2Next Dividend Ex-DateN/A
Dividend Yield0.84%
Share Statistics
EPS (TTM)121.63
Shares Outstanding1,375,729,100
10 Day Avg. Volume155,256
30 Day Avg. Volume158,836
Financial Highlights & Ratios
PEG Ratio2.88
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
₹4,972.50Price Target Upside21.43% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)146.33
Revenue Forecast (FY)₹3.21T
Bulls Say, Bears Say
Bulls Say
Consistent Multi-year Revenue GrowthSustained revenue expansion over multiple years indicates robust project win and execution capability across cycles. This scale supports fixed-cost absorption, preserves competitive bidding flexibility, and underpins longer‑term earnings growth if the company continues securing large EPC and infrastructure contracts.
Positive And Improving Free Cash FlowConsistent free cash flow generation, with a notable 2026 improvement, enhances the firm’s ability to fund capex, service debt, and support working capital without overreliance on external financing. Reliable FCF strengthens long‑term financial flexibility despite project cycle volatility.
Diversified, Contract-driven Business MixA diversified portfolio across infrastructure, energy, manufacturing and services reduces concentration risk and links revenue to multiple structural investment themes. This breadth helps smooth demand swings across sectors and preserves opportunities to capture large, long‑duration EPC projects.
Bears Say
Elevated Financial LeverageSustained debt‑to‑equity above 1.0 raises long‑term financial risk for a project-centric firm. Higher leverage increases interest burden and reduces resilience to delayed receivables or slower order inflows, constraining capital allocation and raising refinancing sensitivity in adverse cycles.
Margin Pressure And Recent Gross Margin DropA pronounced decline in gross margin in 2026 signals cost escalation, adverse mix, or one‑offs that can persist. Sustained margin compression would erode operating cash generation, reduce reinvestment capacity, and weaken the firm’s ability to maintain returns despite revenue growth.
Volatile Cash Conversion And Working-capital SwingsUneven cash conversion driven by working‑capital swings is common in large contracts but undermines predictability. This variability increases funding needs, elevates reliance on debt during troughs, and complicates planning for capex and bid financing over multi‑year project cycles.
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 ₹5.63T.
When is Larsen & Toubro Limited’s upcoming earnings report date?
Larsen & Toubro Limited’s upcoming earnings report date is Jul 28, 2026 which is in 26 days.
How were Larsen & Toubro Limited’s earnings last quarter?
Larsen & Toubro Limited released its earnings results on May 05, 2026. The company reported ₹38.7 earnings per share for the quarter, missing the consensus estimate of ₹39.603 by -₹0.903.
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 0.84%. See more information on Larsen & Toubro Limited dividends here
What is Larsen & Toubro Limited’s EPS estimate?
Larsen & Toubro Limited’s EPS estimate is 24.2.
How many shares outstanding does Larsen & Toubro Limited have?
Larsen & Toubro Limited has 1,375,729,100 shares outstanding.
What happened to Larsen & Toubro Limited’s price movement after its last earnings report?
Larsen & Toubro Limited reported an EPS of ₹38.7 in its last earnings report, missing expectations of ₹39.603. Following the earnings report the stock price went down -1.074%.
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
₹4,972.50
▲(21.43% Upside)
Technical Analysis
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