Nifty 50 · Construction
Larsen & Toubro
Larsen & Toubro (L&T) is India's largest engineering and construction conglomerate, spanning infrastructure, defence, and technology services.
LT · Construction
₹4,056.00
−5.80 (−0.14%)
Day High
₹4,062.00
Day Low
₹4,030.00
52W High
₹4,440.00
52W Low
₹3,288.10
Volume today: 9.01 L
PaisaTamil Consensus
BUYScore 70/100 · Medium confidence
Overall fundamentals and market signals are favourable. Consider for long-term portfolios with periodic review.
12M Price Target
₹4,462
Low ₹3,975 · High ₹5,070
Analyst-style Breakdown
Strong Buy
0
Buy
3
Hold
11
Sell
0
Strong Sell
0
Derived from public market signals — price momentum, earnings trend, valuation, quality, and technical position — modelled in an analyst-style consensus format.
Signal Breakdown
Price Momentum75/100
1M +4.2%, 1Y +12.5%
Earnings Trend70/100
Latest quarter revenue ₹67.9k Cr, profit ₹4.1k Cr
Valuation62/100
P/E 32.0x vs sector median ~32x
Financial Quality78/100
ROE 15.8%, ROCE 14.2%
Technical Position65/100
Trading between 52W low 3288 and high 4440
Price Chart
Quarterly Results
| Quarter | Revenue | Net Profit | EPS | Rev YoY | Profit YoY |
|---|---|---|---|---|---|
| Jun 2026 | ₹67.9k Cr | ₹4.1k Cr | ₹29.97 | -8.7% | -25.0% |
| Mar 2026 | ₹82.8k Cr | ₹5.3k Cr | ₹38.71 | — | — |
| Dec 2025 | ₹71.4k Cr | ₹3.2k Cr | ₹23.37 | — | — |
| Jun 2025 | ₹63.7k Cr | ₹3.6k Cr | ₹26.30 | — | — |
| Mar 2025 | ₹74.4k Cr | ₹5.5k Cr | ₹39.98 | — | — |
Key Ratios
Market Cap
₹5.5 L Cr
P/E Ratio
32.0x
P/B Ratio
5.5x
ROE
15.8%
ROCE
14.2%
Dividend Yield
0.9%
Reference fundamentals for analysis. Verify latest quarterly results before making investment decisions.
Company Overview
L&T earns from EPC contracts in infrastructure, hydrocarbon, power, and defence. L&T Technology Services and L&T Finance are listed subsidiaries.
Strengths
- +Order book visibility across infrastructure cycle
- +Defence and nuclear opportunities
- +Execution track record on large projects
- +Diversified end-market exposure
Risks
- −Project execution and margin risks
- −Working capital intensity
- −Cyclicality in private capex
- −Subsidiary valuation swings
Investment Analysis
What to watch
- • L&T is a play on India's infrastructure and capex cycle.
- • Monitor order inflows and execution margins.
- • Defence order wins can re-rate the stock.
| Industry | Engineering & Construction |
|---|---|
| Sector | Construction |
| NSE Symbol | LT |
| Index Weight | 4.13% |
| Market Cap | ₹5.5 L Cr |
Frequently Asked Questions
Yes. Larsen & Toubro is a current constituent of the Nifty 50, which means it is among the 50 largest and most liquid stocks on the National Stock Exchange (NSE).