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Larsen & Toubro Ltd.

InfrastructureEngineering - Construction

www.larsentoubro.com BSE: 500510NSE: LT

₹3,990.00BSE0.83%

07 Sep, 4:01 PM

₹3,990.00

₹5.49L Cr

33.09

4.82

18.59%

₹4,004.80

₹3,957.15

₹4,440.00

₹3,288.65

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Price Performance

Peer Comparison

Name
Larsen & Toubro Ltd. LT	3,990.00	33.09	5,48,970.57	0.95	4,988.03	15.51%	67,941.74	6.69%	15.98
RVNL RVNL	210.50	48.79	43,889.67	0.34	159.52	18.73%	4,321.23	10.55%	10.81
KPIL KPIL	1,420.00	21.39	24,249.70	0.77	311.53	45.85%	6,407.97	3.84%	18.95
IRB INFRA IRB	19.25	24.37	23,250.15	1.35	306.27	51.26%	2,137.27	1.82%	7.72
CEMPRO CEMPRO	1,313.00	37.57	22,555.71	0.23	140.83	2.62%	2,720.92	5.61%	33.53
ENGINRS.(I) ENGINERSIN	277.10	19.86	15,574.19	1.80	157.94	141.49%	819.84	-5.80%	30.94
IRCON IRCON	118.30	21.16	11,126.30	1.61	92.03	-43.92%	1,955.83	9.49%	10.15
TECHNOE TECHNOE	954.95	25.76	11,106.03	0.73	93.33	-31.44%	630.34	19.84%	14.86

Quarterly Results

consolidated figures in ₹ Crores · Quarterly

Particulars	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	55,119.82	61,554.58	64,667.78	74,392.28	63,678.92	67,983.53	71,449.70	82,762.16	67,941.74
Expenses	48,074.00	53,637.53	56,769.62	64,516.34	55,654.91	59,470.29	62,259.49	72,343.14	59,792.60
	7,045.82	7,917.05	7,898.16	9,875.94	8,024.01	8,513.24	9,190.21	10,419.02	8,149.14
	12.78%	12.86%	12.21%	13.28%	12.60%	12.52%	12.86%	12.59%	11.99%
	920.64	1,101.27	967.87	1,609.83	1,356.78	1,384.28	97.28	1,647.24	2,376.73
Interest	2,291.89	2,439.39	2,486.00	2,419.33	2,487.96	2,469.64	2,398.53	2,488.03	2,571.33
	997.92	1,023.84	1,047.00	1,052.42	1,033.30	1,091.77	1,071.74	1,167.95	1,032.28
	4,681.22	5,541.12	5,305.98	8,036.40	5,852.13	6,327.03	5,812.64	8,225.81	6,927.44
	26.41%	26.03%	25.10%	23.40%	26.21%	26.06%	34.20%	25.44%	28.00%
	2,785.72	3,395.29	3,358.84	5,497.26	3,617.19	3,926.09	3,215.11	5,325.60	4,122.85
	20.26	24.69	24.43	39.97	26.30	28.54	23.37	38.71	29.97

Profit & Loss

consolidated figures in ₹ Crores · Annual

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
INCOME :
	1,56,521.23	1,83,340.70	2,21,112.91	2,55,734.45	2,85,874.36
	1,56,521.23	1,83,340.70	2,21,112.91	2,55,734.45	2,85,874.36
EXPENDITURE :
Increase/Decrease in Stock	-2,076.60	-3,156.64	1,021.07	-410.79	-1,963.12
Raw Material Consumed	51,676.55	63,285.32	75,319.99	92,583.60	97,682.71
Power & Fuel Cost	2,267.26	2,823.61	2,745.19	2,534.42	2,505.98
Employee Cost	29,695.79	37,214.11	41,171.02	46,768.68	52,187.22
Other Manufacturing Expenses	33,185.12	36,979.07	48,142.38	55,801.86	68,726.90
General and Administration Expenses	11,169.53	13,803.74	16,634.80	17,917.38	22,016.62
Selling and Distribution Expenses	299.29	435.97	468.49	541.40	564.21
Miscellaneous Expenses	10,377.94	8,061.21	8,261.38	11,524.56	11,018.01
	1,36,594.88	1,59,446.39	1,93,764.32	2,27,261.11	2,52,738.53
Operating Profit (Excl OI)	19,926.35	23,894.31	27,348.59	28,473.34	33,135.83
	6,971.79	6,331.04	6,579.16	9,032.71	9,565.46
	26,898.14	30,225.35	33,927.75	37,506.05	42,701.29
Interest	9,552.15	9,750.06	9,821.92	10,280.86	10,638.29
PBDT	17,345.99	20,475.29	24,105.83	27,225.19	32,063.00
	2,947.95	3,502.25	3,682.33	4,121.18	4,364.75
Profit Before Taxation & Exceptional Items	14,398.04	16,973.04	20,423.50	23,104.01	27,698.25
Exceptional Income / Expenses	96.93	135.99	93.61	474.78	-1,722.44
	14,494.97	17,109.03	20,517.11	23,578.79	25,975.81
Provision for Tax	4,203.92	4,484.16	4,947.39	5,891.40	6,816.41
	10,291.05	12,624.87	15,569.72	17,687.39	19,159.40
Extra items	0.00	0.00	0.00	0.00	0.00
Minority Interest	-1,749.91	-2,059.90	-2,487.99	-2,636.22	-2,869.89
Share of Associate	128.19	-94.25	-22.62	-14.06	-205.52
Consolidated Net Profit	8,669.33	10,470.72	13,059.11	15,037.11	16,083.99
Profit Balance B/F	60,955.94	67,139.90	74,519.94	79,489.69	89,974.25
Appropriations	69,625.27	77,610.62	87,579.05	94,526.80	1,06,058.24
Equity Dividend %	1,100.00%	1,200.00%	1,700.00%	1,700.00%	1,900.00%
	61.70	74.50	95.00	109.34	116.92
Adjusted EPS	61.70	74.50	95.00	109.34	116.92

Balance Sheet

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
	281.01	281.10	274.93	275.04	275.13
Share Warrants & Outstandings	371.65	467.09	550.54	499.36	342.18
Total Reserves	81,755.00	88,577.76	85,533.77	96,881.20	1,08,672.49
Reserve excluding Revaluation Reserve	81,755.00	88,577.76	85,533.77	96,881.20	1,08,672.49
	82,407.66	89,325.95	86,359.24	97,655.60	1,09,289.80
Minority Interest	12,966.07	14,241.27	16,190.42	17,748.08	19,240.66
Secured Loans	44,602.91	49,204.00	42,472.94	47,255.22	53,514.83
Unsecured Loans	17,015.40	12,013.68	14,034.03	10,248.12	10,223.76
Deferred Tax Assets / Liabilities	-1,800.77	-3,354.36	-3,330.09	-3,382.87	-4,085.65
Other Long Term Liabilities	1,777.52	2,001.00	2,448.87	3,112.16	4,783.73
Long Term Provisions	817.77	869.99	987.38	1,124.01	832.48
Total Non-Current Liabilities	62,412.83	60,734.31	56,613.13	58,356.64	65,269.15
Trade Payables	51,365.62	49,784.12	53,292.88	52,459.34	69,455.63
Other Current Liabilities	72,852.59	76,498.62	90,005.95	1,06,379.38	1,21,166.82
Short Term Borrowings	30,476.96	30,896.32	27,834.27	35,861.30	34,778.53
Short Term Provisions	4,665.68	4,886.93	5,976.36	7,270.88	8,130.49
Total Current Liabilities	1,59,360.85	1,62,065.99	1,77,109.46	2,01,970.90	2,33,531.47
Total Liabilities	3,17,227.14	3,26,367.52	3,36,272.25	3,75,731.22	4,48,297.12
Gross Block	52,795.04	55,602.50	60,100.92	66,337.59	55,394.74
Less: Accumulated Depreciation	13,526.95	16,029.58	19,072.03	22,745.97	24,452.15
Less: Impairment of Assets	286.06	292.14	256.44	1,194.80	1,196.02
Net Block	38,982.03	39,280.78	40,772.45	42,396.82	29,746.57
Capital Work in Progress	1,170.32	2,949.09	2,897.04	2,390.86	3,036.25
Non Current Investments	9,595.60	9,224.89	10,690.19	11,444.65	8,851.93
Long Term Investment	9,595.60	9,224.89	10,690.19	11,444.65	8,851.93
Long Term Loans & Advances	53,497.14	47,723.56	59,520.54	70,923.51	83,147.09
Other Non Current Assets	1,736.76	1,508.18	1,464.09	1,377.22	3,808.92
Total Non-Current Assets	1,09,024.06	1,04,163.20	1,17,683.65	1,30,389.51	1,29,985.80
Currents Investments	29,799.58	35,573.42	34,957.63	43,360.62	59,524.86
Inventories	5,943.32	6,828.78	6,620.19	7,670.55	9,530.93
Sundry Debtors	46,139.32	44,731.53	48,770.95	53,713.68	60,461.26
Cash and Bank	18,953.17	22,519.60	15,358.39	22,965.34	20,847.67
Other Current Assets	1,211.34	820.45	577.89	975.64	2,862.49
Short Term Loans and Advances	1,05,325.57	1,10,741.74	1,11,298.19	1,16,498.44	1,39,613.92
Total Current Assets	2,07,372.30	2,21,215.52	2,17,583.24	2,45,184.27	2,92,841.13
Net Current Assets (Including Current Investments)	48,011.45	59,149.53	40,473.78	43,213.37	59,309.66
Total Assets	3,17,227.14	3,26,367.52	3,36,272.25	3,75,731.22	4,48,297.12
Contingent Liabilities	19,756.96	17,510.65	18,987.85	20,567.59	28,921.93
Total Debt	1,23,468.23	1,18,513.38	1,14,039.77	1,29,559.34	1,21,683.02
	583.87	632.22	624.22	706.49	791.97
Adjusted Book Value	583.87	632.22	624.22	706.49	791.97

Cash Flow

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
	14,398.04	16,973.04	20,423.50	23,104.01	27,698.25
Adjustment	4,548.35	5,551.94	4,507.91	6,877.09	5,531.48
Changes In working Capital	4,756.63	5,379.14	-1,385.08	-15,228.65	-10,457.59
Cash Flow after changes in Working Capital	23,703.02	27,904.12	23,546.33	14,752.45	22,772.14
Cash Flow from Operating Activities	19,163.58	22,776.96	18,266.28	9,151.35	16,740.97
Cash Flow from Investing Activities	-3,667.68	-8,311.70	2,163.04	-15,508.15	-11,738.84
Cash Flow from Financing Activitie	-15,181.48	-11,572.49	-25,413.36	6,556.62	-2,156.43
Net Cash Inflow / Outflow	314.42	2,892.77	-4,984.04	199.82	2,845.70
Opening Cash & Cash Equivalents	13,373.52	13,770.24	16,926.69	11,958.50	12,187.00
Effect of Foreign Exchange Fluctuations	82.30	263.68	15.85	28.68	358.54
Closing Cash & Cash Equivalent	13,770.24	16,926.69	11,958.50	12,187.00	15,391.24

Ratios

Valuation

33.09

4.82

15.09

1.89

120.58

828.06

Profitability

18.59

15.98

4.65

11.59

6.70

Leverage & Liquidity

1.12

1.25

3.44

Returns

0.95

0.69

Shareholding Pattern

Numbers in percentages

Particulars	Jun '24	Sep '24	Dec '24	Mar '25	Jun '25	Sep '25	Dec '25	Mar '26	Jun '26
	61.98	62.39	62.66	62.75	63.05	63.07	63.29	62.35	62.39
	38.01	37.61	37.35	37.25	36.95	36.93	36.71	37.65	37.60
	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00
No. of Shareholders	17,36,844	16,89,155	16,75,146	17,06,264	16,81,491	16,71,006	16,30,031	18,01,254	17,95,249

Corporate Actions

Showing: All

Date	Type	Details	Ex-Date	Record Date
2026-07-14	Board Meeting	Quarterly Results
2026-05-05	Ex Dividend	Rs.38.0000 per share(1900%)Final Dividend	2026-05-22	2026-05-22
2026-05-05	AGM

Insider Trading

Date	Person	Category	Transaction Type	Shares	Value (₹)

No insider trading data available.

Sector Overview

InfrastructureEngineering - Construction

Larsen & Toubro Ltd. operates in the Infrastructure sector under the Engineering - Construction industry. This sector is one of the key drivers of the Indian economy and is closely tracked by the relevant Nifty sectoral index.

Company Profile

Corporate information and contact details

Key Management

19 members across the board and senior leadership

Subramanian Narayan

Company Secretary & Compliance Officer

—

SN Subrahmanyan

Chairman & Managing Director

₹104.12 Cr

Mar '26

Subramanian Sarma

Deputy Managing Director

₹55.73 Cr

Mar '26

R Shankar Raman

Whole Time Director & Chief Financial Officer

₹54.03 Cr

Mar '26

S V Desai

Whole Time Director & Sr. Executive Vice President (Civil Infrastructure)

₹35.37 Cr

Mar '26

T Madhava Das

Whole Time Director & Sr. Executive Vice President (Utilities)

₹34.96 Cr

Mar '26

Anil V Parab

Whole Time Director & Sr. Executive Vice President (Heavy Engineering & Manufacturing)

₹25.20 Cr

Mar '26

Sanjeev Aga

Non Executive Independent Director

₹75.50 L

Mar '25

Narayanan Kumar

Non Executive Independent Director

₹68.80 L

Mar '25

Preetha Reddy

Non Executive Independent Director

₹68.00 L

Mar '26

Pramit Jhaveri

Non Executive Independent Director

₹81.00 L

Mar '26

Rajnish Kumar

Non Executive Independent Director

₹90.00 L

Mar '26

Jyoti Sagar

Non Executive Independent Director

₹58.00 L

Mar '26

Ajay Tyagi

Non Executive Independent Director

₹65.00 L

Mar '26

PR Ramesh

Non Executive Independent Director

₹1.03 Cr

Mar '26

Siddhartha Mohanty

Nominee Director - LIC

₹48.00 L

Mar '26

Amitabh Kant

Non Executive Independent Director

₹30.00 L

Mar '26

B Santhanam

Non Executive Independent Director

₹24.00 L

Mar '26

Vijay Sankar

Independent Director

—

LT Latest News

News

10 of 10 articles

COMPANY2 Sept 2026 · 14:57

L&T delivers multi-purpose vessel 'INS Samarthak' to Indian Navy

With the delivery of INS Samarthak, L&T reinforces its position as a strategic partner to the Indian Navy and in elevating India’s Naval strength through world-class, indigenous engineering

COMPANY26 Aug 2026 · 14:58

L&T partners with FRED to market BOMAG’s road construction equipment in India

The partnership brings together BOMAG’s globally acclaimed road construction technologies and L&T’s strong customer relationships, alongside nationwide product support capabilities

EQUITY25 Aug 2026 · 11:35

Larsen & Toubro informs about press release

COMPANY25 Aug 2026 · 10:58

L&T wins major order for three BESS projects in Middle East

The projects feature a 4-hour BESS each, capable of storing and dispatching energy, to support grid stability and renewable energy integration

EQUITY24 Aug 2026 · 11:05

L&T inches up on signing contract for ultra-mega gas compression project in Middle East

The company has signed the contract through its EPC businesses -- L&T Energy Hydrocarbon Onshore

COMPANY24 Aug 2026 · 10:58

L&T signs contract for ultra-mega gas compression project in Middle East

The company has signed the contract through its EPC businesses -- L&T Energy Hydrocarbon Onshore

EQUITY20 Aug 2026 · 12:20

L&T surges as its business vertical wins large order for APM System at Dubai’s Al Maktoum Airport

Under the Design-and-Build contract, the company will undertake the design, procurement, delivery and integration of critical APM infrastructure and systems

COMPANY20 Aug 2026 · 11:50

L&T’s business vertical wins large order for APM System at Dubai’s Al Maktoum Airport

Under the Design-and-Build contract, the company will undertake the design, procurement, delivery and integration of critical APM infrastructure and systems

EQUITY20 Aug 2026 · 11:23

Larsen & Toubro informs about press release

COMPANY17 Aug 2026 · 14:09

L&T wins ultra-mega order for offshore development project in Middle East

A significant portion of the fabrication activities will be carried out at L&T's integrated, world-class manufacturing and fabrication facilities

₹3,990.00

+0.83%