Larsen & Toubro Ltd
Larsen & Toubro Ltd (LT) is scheduled to report results on 28 Oct 2026. Larsen & Toubro Ltd last reported results for the quarter ended Jun 2026, with sales of ₹67,942 crore and net profit of ₹4,988 crore. The stock last traded at ₹3,703, a market capitalisation of ₹5,10,183 crore, on a P/E of 29.0. Over the past 52 weeks the stock has ranged between ₹3,288 and ₹4,440. Figures are as of 9 Oct 2026 and are not real time.
Larsen & Toubro Ltd share price and key metrics
- Current price
- ₹3,703
- Market cap
- ₹5,10,183 cr
- Stock P/E
- 29.0
- Book value
- ₹794
- ROE
- 15.9%
- ROCE
- 14.6%
- Dividend yield
- 1.03%
- 52w high / low
- 4440/3288
Metrics as of 9 Oct 2026. Not real time.
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Larsen & Toubro Ltd growth and returns
- 10 Years
- 11%
- 5 Years
- 16%
- 3 Years
- 16%
- TTM
- 10%
- 10 Years
- 15%
- 5 Years
- 3%
- 3 Years
- 17%
- TTM
- 13%
- 10 Years
- 14%
- 5 Years
- 16%
- 3 Years
- 6%
- 1 Year
- -2%
- 10 Years
- 15%
- 5 Years
- 14%
- 3 Years
- 16%
- Last Year
- 16%
Larsen & Toubro Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹67,942 cr, up 6.7% from ₹63,679 cr a year earlier. Net profit was ₹4,988 cr, up 15.5% year on year.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 61,555 | 64,668 | 74,392 | 63,679 | 67,984 | 71,450 | 82,762 | 67,942 |
| Expenses | 53,638 | 56,770 | 64,516 | 55,655 | 59,470 | 62,259 | 72,343 | 59,793 |
| Operating profit | 7,917 | 7,898 | 9,876 | 8,024 | 8,513 | 9,190 | 10,419 | 8,149 |
| OPM % | 13% | 12% | 13% | 13% | 13% | 13% | 13% | 12% |
| Other income | 1,101 | 968 | 1,610 | 1,357 | 1,384 | -350 | 1,647 | 2,377 |
| Interest | 2,439 | 2,486 | 2,419 | 2,488 | 2,470 | 2,399 | 2,488 | 2,571 |
| Depreciation | 1,024 | 1,047 | 1,052 | 1,033 | 1,092 | 1,072 | 1,168 | 1,032 |
| Profit before tax | 5,555 | 5,333 | 8,014 | 5,860 | 6,336 | 5,370 | 8,410 | 6,922 |
| Tax % | 26% | 25% | 23% | 26% | 26% | 29% | 25% | 28% |
| Net profit | 4,099 | 3,974 | 6,156 | 4,318 | 4,678 | 3,825 | 6,133 | 4,988 |
| EPS (₹) | 24.69 | 24.43 | 39.97 | 26.30 | 28.54 | 23.37 | 38.71 | 29.97 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Larsen & Toubro Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,09,312 | 1,19,683 | 1,35,220 | 1,45,452 | 1,35,979 | 1,56,521 | 1,83,341 | 2,21,113 | 2,55,734 | 2,85,874 | 2,90,137 |
| Operating profit | 16,620 | 20,111 | 22,866 | 24,553 | 23,460 | 24,314 | 27,166 | 28,758 | 34,551 | 36,345 | 36,272 |
| OPM % | 15% | 17% | 17% | 17% | 17% | 16% | 15% | 13% | 14% | 13% | 12% |
| Net profit | 6,486 | 8,004 | 10,217 | 10,894 | 12,921 | 10,419 | 12,531 | 15,547 | 17,673 | 18,954 | 19,624 |
| EPS (₹) | 43.17 | 52.59 | 63.48 | 68.02 | 82.47 | 61.70 | 74.50 | 95.00 | 109.35 | 116.92 | 120.59 |
TTM is the trailing twelve months to the most recent quarter.
Larsen & Toubro Ltd balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 187 | 280 | 281 | 281 | 281 | 281 | 281 | 275 | 275 | 275 |
| Reserves | 50,030 | 54,623 | 62,094 | 66,442 | 75,588 | 82,127 | 89,045 | 86,084 | 97,381 | 109,015 |
| Borrowings | 93,954 | 107,524 | 125,555 | 143,174 | 134,629 | 125,508 | 120,650 | 116,322 | 132,409 | 125,497 |
| Other liabilities | 67,400 | 80,812 | 90,106 | 96,790 | 99,597 | 111,112 | 119,745 | 136,921 | 149,050 | 217,596 |
| Total liabilities | 211,571 | 243,240 | 278,036 | 306,687 | 310,095 | 319,028 | 329,722 | 339,602 | 379,114 | 452,383 |
| Fixed assets | 16,677 | 18,580 | 21,194 | 43,653 | 44,319 | 42,945 | 42,641 | 42,964 | 44,055 | 30,867 |
| CWIP | 13,298 | 13,443 | 13,919 | 3,311 | 500 | 1,250 | 3,066 | 3,045 | 2,589 | 3,311 |
| Investments | 19,753 | 15,311 | 20,907 | 20,047 | 39,627 | 39,395 | 44,798 | 45,648 | 54,805 | 68,377 |
| Other assets | 161,843 | 195,905 | 222,016 | 239,675 | 225,649 | 235,438 | 239,217 | 247,946 | 277,665 | 349,828 |
| Total assets | 211,571 | 243,240 | 278,036 | 306,687 | 310,095 | 319,028 | 329,722 | 339,602 | 379,114 | 452,383 |
As reported by the company. Total assets equal total liabilities by construction.
Larsen & Toubro Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 6,655 | -10,031 | -4,756 | 6,694 | 23,074 | 19,164 | 22,777 | 18,266 | 9,151 | 16,741 |
| Cash from investing | -9,796 | 3,914 | -11,023 | -8,408 | -5,750 | -3,585 | -8,048 | 2,179 | -15,479 | -11,380 |
| Cash from financing | 2,896 | 9,370 | 15,440 | 6,372 | -15,274 | -15,181 | -11,572 | -25,413 | 6,557 | -2,156 |
| Net cash flow | -245 | 3,254 | -338 | 4,658 | 2,049 | 397 | 3,156 | -4,968 | 228 | 3,204 |
| Free cash flow | 3,834 | -12,046 | -8,255 | 3,394 | 22,151 | 16,124 | 18,984 | 14,056 | 5,611 | 12,272 |
| CFO / operating profit | 59% | -33% | 1% | 44% | 113% | 97% | 103% | 82% | 43% | 63% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Larsen & Toubro Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 11% | 14% | 13% | 12% | 10% | 10% | 12% | 13% | 15% | 15% |
| Debtor days | 96 | 101 | 99 | 102 | 113 | 108 | 89 | 81 | 77 | 77 |
| Inventory days | 41 | 45 | 51 | 44 | 51 | 44 | 41 | 32 | 30 | 36 |
| Days payable | 301 | 349 | 340 | 336 | 401 | 378 | 302 | 255 | 208 | 265 |
| Cash conversion cycle | -164 | -203 | -190 | -190 | -236 | -227 | -172 | -143 | -101 | -151 |
| Working capital days | 42 | 45 | 20 | 25 | 28 | 0 | 2 | -16 | -33 | -27 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Larsen & Toubro Ltd shareholding pattern
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| FIIs | 21.72% | 20.83% | 19.80% | 19.33% | 19.48% | 20.06% | 18.78% | 19.13% |
| DIIs | 40.44% | 41.71% | 42.71% | 43.48% | 43.34% | 42.99% | 43.32% | 43.01% |
| Government | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.25% | 0.25% |
| Public | 37.60% | 37.21% | 37.25% | 36.95% | 36.92% | 36.69% | 37.64% | 37.60% |
| No. of shareholders | 16,89,155 | 16,75,146 | 17,06,264 | 16,81,491 | 16,71,006 | 16,30,031 | 18,01,254 | 17,95,249 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
When is Larsen & Toubro Ltd’s next results date?
Larsen & Toubro Ltd’s next results are scheduled for 28 Oct 2026.
- Board meetingApproval of financial results for Q2 FY2027
See the full results calendar for every Indian company reporting in the next 30 days.
Larsen & Toubro Ltd corporate filings
- Larsen & Toubro Limited announces senior management promotions, indicating strategic leadership continuityCompany Updatelow impact
Cruxal's analysis: Larsen & Toubro (L&T) has promoted four senior executives to Senior Vice President roles…
Read the full analysis - Larsen & Toubro Ltd files Half Yearly Compliance Report as per SEBI Circular No. CIR/IMD/DF-1/67/2017Otherslow impact
Cruxal's analysis: The company has submitted its compliance report for the half-year period, in accordance…
Read the full analysis - L&T Energy CarbonLite Solutions secures LNTP for 1,600 MW Chandrapura thermal power project, signaling strategic expansion in high-efficiency thermal capacityCompany Updatehigh impact
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Read the full analysis - L&T Secures Multiple Power Transmission & Distribution Orders Globally and Domestically, Signaling Strength in EPC Infrastructure SegmentCompany Updatehigh impact
Cruxal's analysis: Larsen & Toubro (L&T) announced the receipt of several significant EPC orders in the…
Read the full analysis - L&T Ltd extends timeline for stake disposal in L&T Metro Rail HyderabadCompany Updatelow impact
Cruxal's analysis: Larsen & Toubro Ltd announced an extension of the timeline for disposing of its stake in…
Read the full analysis - L&T Transportation Infrastructure secures twin Dubai contracts worth approximately ₹1,000 crore to ₹2,500 crore, signaling strategic international expansionCompany Updatehigh impact
Cruxal's analysis: Larsen & Toubro Limited's transportation infrastructure vertical has announced the…
Read the full analysis - Intimation of closure of Trading WindowInsider Trading / SASTlow impact
- L&T Semiconductor Technologies launches 40 new products including silicon carbide chips at SEMICON 2026Company Updatemedium impact
Cruxal's analysis: L&T Semiconductor Technologies has unveiled 40 new products at the SEMICON 2026 event…
Read the full analysis - Larsen & Toubro receives independent ESG score of 63 from Niche99 ESG RatingsCompany Updatelow impact
Cruxal's analysis: Larsen & Toubro Limited has disclosed that Niche99 ESG Ratings, a SEBI-registered…
Read the full analysis - Larsen & Toubro Ltd announces schedule for Analyst/Institutional Investor meetCompany Updatelow impact
Cruxal's analysis: Larsen & Toubro has issued a routine intimation regarding a scheduled meeting with…
Read the full analysis - Larsen & Toubro Ltd announces routine allotment of equity sharesCompany Updatelow impact
Cruxal's analysis: Larsen & Toubro Ltd has filed a disclosure regarding the allotment of equity shares under…
Read the full analysis - Larsen & Toubro Limited announces allotment of tokenised non-convertible debenturesCompany Updatelow impact
Cruxal's analysis: Larsen & Toubro Limited has completed the allotment of tokenised non-convertible…
Read the full analysis - Larsen & Toubro becomes India's first private sector corporate to issue tokenised bondCompany Updatelow impact
Cruxal's analysis: L&T has announced the issuance of a tokenised bond, marking a first for an Indian private…
Read the full analysis - Larsen & Toubro secures large offshore EPCIC order from ONGC for Ratna-I and NLM-14 projectsCompany Updatehigh impact
Cruxal's analysis: Larsen & Toubro's Energy Hydrocarbon Offshore division has secured a 'Large' order from…
Read the full analysis - Larsen & Toubro Announces NCLT Hearing Date for Realty Undertaking Scheme of ArrangementCompany Updatelow impact
Cruxal's analysis: Larsen & Toubro Limited has published a formal notice regarding the upcoming National…
Read the full analysis - Larsen & Toubro Limited maintains 'IND AAA' Stable and 'IND A1+' credit ratings from India RatingsCompany Updatelow impact
Cruxal's analysis: Larsen & Toubro Limited has received an affirmation of its 'IND AAA' rating with a Stable…
Read the full analysis - Larsen & Toubro Limited NCLT Update: Tribunal Admits Scheme of Arrangement with L&T Realty Properties LimitedCompany Updatelow impact
Cruxal's analysis: Larsen & Toubro Limited has received an order from the National Company Law Tribunal…
Read the full analysis - Larsen & Toubro secures major order for 6 gigawatt-hour Battery Energy Storage System in the Middle EastCompany Updatehigh impact
Cruxal's analysis: Larsen & Toubro has secured a 'Major' classification order, valued between 5,000 crore…
Read the full analysis - Larsen & Toubro secures ultra-mega EPC contract for gas compression project in the Middle EastCompany Updatehigh impact
Cruxal's analysis: Larsen & Toubro has officially signed an ultra-mega contract, valued at over 15,000…
Read the full analysis - Larsen & Toubro secures 'Large' order for Automated People Mover System at Dubai’s Al Maktoum International AirportCompany Updatehigh impact
Cruxal's analysis: Larsen & Toubro (L&T), in a consortium with Mitsubishi Heavy Industries, has won a…
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