Construction & Infrastructure · Engineering & Construction · NSE: LT · data 2026-11-01
Larsen & Toubro Limited
In plain words
Price: 12.8% below its 52-week high of ₹4,440.
Delivery: 52.4% of traded shares were kept for delivery over the last 10 sessions, against 57.9% over the last 60.
Latest results: a net profit of ₹5,202 cr for the quarter ended Sept 2026 (+32.5% on the same quarter a year earlier).
A description of the data, not a recommendation.
Key figures
Growth
| Revenue (last 12 months) | ₹3,00,904 cr |
| Net profit (last 12 months) | ₹19,209 cr |
| Sales growth, 3 years (yearly) | 16.0% |
| Profit growth, 3 years (yearly) | 15.4% |
At a glance
P/E 29.8, P/B 4.0, dividend yield 1.0%. Price relative to earnings and book value (low is cheaper, not better).
ROE 15.5%, ROCE 16.0%, operating margin 8.2%: how much profit it earns on the money it uses.
Debt/equity 1.15, Profit growth 15.4% and sales growth 16.0% a year over 3 years.
Ratings use fixed thresholds on the latest reported figures. They describe the numbers and are not a recommendation.
Strengths and limitations
- Profit grew 15.4% a year over 3 years.
None flagged by these rules.
Picked automatically from the latest reported figures with fixed rules; check the company's filings before relying on them.
Latest results in brief (Q2 FY27)
LT Q2 FY27 results (consolidated figures, as filed on NSE).
Revenue was ₹78,749.94 crore, up 15.8% YoY and up 15.9% QoQ.
Net profit was ₹5,202.1 crore, up 32.5% YoY and up 26.2% QoQ.
Operating margin was 8.7% (10% a year ago).
EPS was ₹37.81, up 32.5% YoY and up 26.2% QoQ.
LT के Q2 FY27 नतीजे (कंसोलिडेटेड आंकड़े, NSE पर दाखिल)।
राजस्व: ₹78,749.94 करोड़; पिछले साल की तुलना में 15.8% की बढ़त, पिछली तिमाही की तुलना में 15.9% की बढ़त।
शुद्ध मुनाफ़ा: ₹5,202.1 करोड़; पिछले साल की तुलना में 32.5% की बढ़त, पिछली तिमाही की तुलना में 26.2% की बढ़त।
ऑपरेटिंग मार्जिन: 8.7% (एक साल पहले 10%)।
EPS: ₹37.81; पिछले साल की तुलना में 32.5% की बढ़त, पिछली तिमाही की तुलना में 26.2% की बढ़त।
LTના Q2 FY27 પરિણામો (કન્સોલિડેટેડ આંકડા, NSE પર ફાઇલ કરેલા).
આવક (રેવન્યુ): ₹78,749.94 કરોડ; ગયા વર્ષની સરખામણીએ 15.8% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 15.9% વધારો.
ચોખ્ખો નફો: ₹5,202.1 કરોડ; ગયા વર્ષની સરખામણીએ 32.5% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 26.2% વધારો.
ઓપરેટિંગ માર્જિન: 8.7% (એક વર્ષ પહેલાં 10%).
EPS: ₹37.81; ગયા વર્ષની સરખામણીએ 32.5% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 26.2% વધારો.
Written from the filed numbers. Not a recommendation.
Smart-money activity
34/100 · Neutral over the last ~60 sessions, data 2026-10-30
- Delivery vs usual 6/30: Delivery 55.5% over the last 20 sessions vs 59.8% in the 40 before (0.93x); shares delivered per day 1.36x usual; 0 delivery-spike days (3x usual shares delivered, 40%+ delivery) in the last 20 sessions.
- Bulk/block deals 0/20: No bulk or block deals in the last 90 days.
- Insider / SAST buys 0/15: No insider buy or SAST acquisition filings in the last 90 days. Insider sells are not collected by the site, so only buy filings count.
- Mutual fund holding 15/15: 92 schemes hold it, about ₹38,692 cr in all (as of 2026-09-30). Latest monthly portfolios only (top 60 holdings per scheme); month-on-month change is not stored.
- Accumulation evidence 8/15: Verdict "Building", sustained score 59/100.
- Promoter pledges 5/5: No promoter pledge filings in 90 days.
A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.
Story so far
● Order ● Results ● Dividend
- 27 Oct 26Order Order win from Dhaka Mass Trasit Company Limited +3.3% next session
- 21 Oct 26Order Order win from Central Works Department and Government… -0.6% next session
- 19 Oct 26Order Order win (export) +0.2% next session
- 7 Oct 26Order Order win from DVC CIL Power Private Ltd -3.8% next session
- 28 Jul 26Results Results board meeting +3.3% next session
- 22 May 26Dividend Dividend ₹38 (ex-date) +2.7% next session
- 5 May 26Results Results board meeting -2.3% next session
- 28 Jan 26Results Results board meeting +3.8% next session
- 29 Oct 25Results Results board meeting +0.4% next session
- 29 Jul 25Results Results board meeting +7.1% next session
- 3 Jun 25Dividend Dividend ₹34 (ex-date) -1.4% next session
- 8 May 25Results Results board meeting +3.7% next session
- 31 Jan 25Results Q3 FY25 results: net profit ₹3,358.8 cr +0.8% next session
From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.
Quarterly results (consolidated)
| Quarter | Revenue | Net profit | Profit YoY | Op. margin | EPS ₹ |
|---|---|---|---|---|---|
| Sept 2026 | ₹78,750 cr | ₹5,202 cr | +32.5% | 8.7% | 37.81 |
| Jun 2026 | ₹67,942 cr | ₹4,123 cr | +14.0% | 9.0% | 29.97 |
| Mar 2026 | ₹82,762 cr | ₹5,326 cr | — | 10.4% | 38.71 |
| Dec 2025 | ₹71,450 cr | ₹3,215 cr | -4.3% | 10.4% | 23.37 |
Shareholding trend
| Holder | Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 |
|---|---|---|---|---|
| Promoters | — | — | — | — |
| Foreign institutions (FII) | 19.21% | 19.13% | 18.78% | 20.06% |
| Domestic institutions (DII) | 42.86% | 43.02% | 43.33% | 42.99% |
| Mutual funds | 19.39% | 20.10% | 20.50% | 20.37% |
| Retail investors | 18.96% | 18.81% | 18.92% | 18.46% |
| Number of shareholders | 18,12,577 | 17,95,249 | 18,01,254 | 16,30,031 |
Common questions
What was Larsen & Toubro Limited's latest quarterly profit?
Larsen & Toubro Limited reported a net profit of ₹5,202 cr for the quarter ended Sept 2026 (+32.5% on the same quarter a year earlier), on revenue of ₹78,750 cr.
Is Larsen & Toubro Limited debt-free?
Its latest reported debt-to-equity ratio is 1.15, meaning borrowings are larger than shareholders' equity.
What is Larsen & Toubro Limited's P/E ratio?
About 29.8, based on the last 12 months' earnings and a price of ₹3,871.7 (data 2026-11-01).
What is the 52-week high and low of Larsen & Toubro Limited?
The 52-week high is ₹4,440 and the 52-week low is ₹3,288.1.
Mutual funds holding Larsen & Toubro Limited
From the monthly portfolios of the fund houses the site reads, as of 2026-09-30. 92 schemes holding about ₹38,692 cr; funds that hold it outside their top holdings may not be listed.
| Scheme | Fund house | % of fund | Value |
|---|---|---|---|
| SBI Nifty 50 ETF | SBI Mutual Fund | 4.20% | ₹8,527 cr |
| SBI BSE Sensex ETF | SBI Mutual Fund | 5.11% | ₹5,906 cr |
| SBI Large Cap Fund | SBI Mutual Fund | 5.31% | ₹2,781 cr |
| NIPPON INDIA ETF NIFTY 50 BEES | Nippon India Mutual Fund | 4.20% | ₹2,738 cr |
| SBI Aggressive Hybrid Fund | SBI Mutual Fund | 2.25% | ₹1,939 cr |
| NIPPON INDIA LARGE CAP FUND | Nippon India Mutual Fund | 3.63% | ₹1,862 cr |
| Nippon India ETF BSE Sensex | Nippon India Mutual Fund | 5.11% | ₹1,419 cr |
| Mirae Asset Large Cap Fund | Mirae Asset Mutual Fund | 3.46% | ₹1,232 cr |
| SBI Balanced Advantage Fund | SBI Mutual Fund | 2.44% | ₹989 cr |
| Nippon India Multi Cap Fund | Nippon India Mutual Fund | 1.74% | ₹936 cr |
| ADITYA BIRLA SUN LIFE LARGE CAP FUND | Aditya Birla Sun Life Mutual Fund | 3.13% | ₹874 cr |
| SBI ELSS Tax Saver Fund | SBI Mutual Fund | 2.84% | ₹853 cr |
| SBI Flexicap Fund | SBI Mutual Fund | 3.32% | ₹734 cr |
| Mirae Asset Large & Midcap Fund | Mirae Asset Mutual Fund | 1.50% | ₹643 cr |
| SBI Nifty Index Fund | SBI Mutual Fund | 4.21% | ₹555 cr |
Compared with similar companies
| Company | Price | Market cap | P/E | P/B | ROE | ROCE | Debt/eq. | 1-yr return |
|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro Limited | ₹3,871.7 | ₹5,30,820 cr | 29.8 | 4 | 15.5% | 16% | 1.15 | -2.7% |
| JSW Infrastructure Limited | ₹316.1 | ₹73,201 cr | 46.9 | 4.1 | 14.8% | 11.9% | 0.63 | +6.5% |
| ACME Solar Holdings Ltd. | ₹404.8 | ₹28,621 cr | 35 | 3.4 | 10.4% | 6.2% | 3.93 | +41.8% |
| Cemindia Projects Ltd | ₹1,265 | ₹23,289 cr | 36.1 | — | 28.2% | 37.5% | 0.42 | +48.5% |
| Kalpataru Projects International Limited | ₹1,337.7 | ₹22,807 cr | 20.1 | — | 14.6% | 21.8% | 0.46 | +5.5% |
| IRB Infrastructure Developers Limited | ₹15.73 | ₹19,011 cr | 15.2 | — | 4.2% | 3.5% | 0.95 | -30.1% |
Compare LT with JSWINFRA in detail →
The full analysis has the price chart, every quarterly result with YoY/QoQ growth, the balance sheet and cash flow with an accounting red-flag check, shareholding quarter by quarter with big investors, news, filings and bulk/block deals.
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