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Larsen & Toubro research and monitoring

Larsen & Toubro is an engineering and project-execution group with businesses spanning infrastructure, energy, technology and services. Order inflow is only the beginning of the analysis; execution, working capital, margin, project mix and cash generation determine the economic outcome.

ConstructionCorporateFacts updated 27 Aug 2026
Share price₹4,038.1Close on 26 Aug 2026
Market cap₹5,55,542 crCalculated on 26 Aug 2026
P/E33.5×TTM EPS through 30 Jun 2026
P/B5.1×As of 26 Aug 2026
Latest reported evidence

FY26 and the latest quarter

The annual and quarterly numbers below come from the current point-in-time serving views. Consolidated results are preferred and the source is retained where it is publicly linkable.

FY26 Revenue₹2,85,874 cr+11.8% year on year
FY26 PAT₹18,954 cr+7.2% year on year
Latest-quarter PAT₹4,123 crQuarter ended 30 Jun 2026
ROCE12.1%Latest meaningful annual observation: 31 Mar 2026
Five-year view

Revenue history

A rising top line is evidence of scale, not proof of value creation. Read it with profit, capital efficiency, cash conversion and the business-specific guideposts above.

How to read these figures

₹ crore values are presented as filed or normalized from company/exchange financial results. Banks and NBFCs use total income because interest is part of their operating business. Industrial companies use revenue where available.

Historical values can be restated. This page shows the current serving vintage and preserves the source and reporting basis.

Fiscal yearRevenuePATEPSBasisEvidence
FY2231 Mar 2022₹1,56,521 cr₹10,419 cr61.71ConsolidatedFiling ↗
FY2331 Mar 2023₹1,83,341 cr₹12,531 cr74.51ConsolidatedFiling ↗
FY2431 Mar 2024₹2,21,113 cr₹15,547 cr93.96ConsolidatedFiling ↗
FY2531 Mar 2025₹2,55,734 cr₹17,687 cr109.36ConsolidatedAltys normalized filing
FY2631 Mar 2026₹2,85,874 cr₹18,954 cr116.93ConsolidatedFiling ↗
Quarterly results

Eight reported quarters

Publication date is shown separately from the period end. A June quarter was not knowable on 30 June; it entered the public record only when the company filed it.

Quarter endedRevenueAttributable PATEPSPublishedEvidence
30 Jun 2026Consolidated₹67,942 cr₹4,123 cr29.9728 Jul 2026Filing ↗
31 Mar 2026Consolidated₹82,762 cr₹5,326 cr38.715 May 2026Filing ↗
31 Dec 2025Consolidated₹71,450 cr₹3,215 cr23.3728 Jan 2026Filing ↗
30 Sept 2025Consolidated₹67,984 cr₹3,926 cr28.5429 Oct 2025Filing ↗
30 Jun 2025Consolidated₹63,679 cr₹3,617 cr26.329 Jul 2025Filing ↗
31 Mar 2025Consolidated₹74,392 crUnavailableUnavailable8 May 2025Filing ↗
31 Dec 2024Consolidated₹64,668 cr₹3,359 cr24.4330 Jan 2025Filing ↗
30 Sept 2024Consolidated₹61,555 cr₹3,395 cr24.6930 Oct 2024Filing ↗
Returns and profitability

Use the metric that fits the business.

ROCE is not shown for banks and NBFCs because deposits and borrowings are operating raw material rather than ordinary financing. Missing or inapplicable values remain unavailable.

ROCE12.1%Period ended 31 Mar 2026
ROE15.5%Period ended 31 Mar 2026
ROA3.9%Period ended 31 Mar 2026
Net profit margin5.6%TTM through 30 Jun 2026
EBIT margin10.0%TTM through 30 Jun 2026
Profit growth4.5%YoY through 30 Jun 2026
Ownership

Who owns the company?

Shareholding is shown from the latest available filing. Institutional subtotals depend on the filing taxonomy and are labelled by their source basis.

Latest ownership period30 Jun 2026
Institution basisFiled institutional subtotal
Promoter and group0.0%Filed for 30 Jun 2026
FII holding19.1%+0.35 pp QoQ
DII holding43.0%-0.31 pp QoQ
Forensic context

Profit is only one part of the evidence.

These are investigation prompts, not pass-or-fail verdicts. Business model, working-capital structure and reporting basis determine how each value should be interpreted.

Cash conversion4.0×CFO divided by TTM PAT
CFO to PAT3.5×FY ended 31 Mar 2026
Accruals ratio-7.5%Lower is generally cleaner, but context matters
Borrowings₹11,381 crFY ended 31 Mar 2026
Data scope

Current, sourced and intentionally finite.

This public page contains a selected, licensable subset of Altys company data. It does not expose private research notes, broker documents, user portfolios or the company database.

Financial history30 Jun 2018 to 30 Jun 2026
Price history in Altys1 Oct 2019 to 26 Aug 2026
Shareholding coverage31 Mar 2017 to 30 Jun 2026
Concall periods indexed0
Page snapshot27 Aug 2026
Questions investors ask

Larsen & Toubro FAQ

What does Larsen & Toubro do?

Larsen & Toubro is an engineering and project-execution group with businesses spanning infrastructure, energy, technology and services. Order inflow is only the beginning of the analysis; execution, working capital, margin, project mix and cash generation determine the economic outcome.

What should investors monitor for Larsen & Toubro?

Important operating evidence includes order inflow and order book, execution growth, project and geography mix, operating margin, working capital, cash generation. These are research guideposts, not automatic trading signals.

Are the Larsen & Toubro financials consolidated or standalone?

Altys prefers consolidated financials when available and labels the reporting basis in each table. The latest annual row on this page is consolidated.

Does Altys recommend buying or selling Larsen & Toubro?

No. Altys provides sourced financial data, research context and monitoring infrastructure. It does not issue a buy, sell or hold recommendation on this page.

Continuous research

Research Larsen & Toubro once. Keep watching what changes.

Altys can connect new results, filings, concalls, guidance, ownership and company-specific KPIs with the investment team’s original thesis and portfolio context.