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Larsen & Toubro Limited (IN:LT)
:LT
India Market
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Larsen & Toubro Limited (LT) Price & Analysis

35 Followers

LT Stock Chart & Stats

₹4094.95
-₹46.95(-1.29%)
At close: 4:00 PM EST
₹4094.95
-₹46.95(-1.29%)

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 ₹5.39T.
      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 47 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. Get more investment ideas with TipRanks Premium
            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 is a global conglomerate deeply involved in a diverse range of engineering, construction, and manufacturing activities. Its Infrastructure division specializes in designing and building a wide array of projects, including commercial and industrial facilities, transportation networks, complex civil structures, power transmission systems, water and waste treatment plants, and material handling solutions. The Hydrocarbon segment delivers integrated engineering, procurement, and construction (EPC) services specifically for the oil and gas industry. Within the Power sector, the company provides comprehensive, turnkey solutions for both coal-based and gas-fired thermal power plants, covering all necessary generation equipment and associated balance-of-plant packages. Its Heavy Engineering arm manufactures and supplies highly customized, mission-critical equipment and systems tailored for sectors like fertilizers, refineries, petrochemicals, chemicals, oil & gas, and thermal and nuclear power generation. The Defence Engineering segment is engaged in the design, development, production, and ongoing support of equipment, systems, and platforms for the defense and aerospace industries, alongside the construction, repair, and refurbishment of naval vessels. The "Others" segment encompasses various ventures such as real estate, smart world initiatives, and communication technologies (including military communications), as well as the marketing and maintenance of construction and mining machinery, and the manufacturing and sale of rubber processing equipment. This segment also manages digital platforms like SuFin for business-to-business e-commerce and EduTech for higher education and professional skill development. Founded in 1938, the company maintains its headquarters in Mumbai, India.

                      Larsen & Toubro Limited (LT) Earnings & Revenues

                      LT Stock 12 Month Forecast

                      Average Price Target

                      ₹4,727.50
                      ▲(15.45% Upside)
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       <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 8,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3564.432,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 11,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3634.646,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  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