Larsen & Toubro Ltd Stock Price Today (NSE: LT)
Fundamental Score
Larsen & Toubro Ltd Share Price Live NSE/BSE & Institutional Fundamental Analysis
Larsen & Toubro Ltd share price today is ₹3607.90, up +0.00% on NSE/BSE as of 18 March 2026. Larsen & Toubro Ltd (LT) is a Large-cap company in the Civil Construction sector with a market capitalisation of ₹5.60L (Cr). The 52-week high for LT share price is ₹N/A and the 52-week low is ₹N/A. At a P/E ratio of 34.87x, LT is currently trading above its industry average P/E of 18.93x. The company has a Return on Equity (ROE) of 16.55% and a debt-to-equity ratio of 1.32.
Larsen & Toubro Ltd Share Price Chart — NSE/BSE Historical Performance
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Larsen & Toubro Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
Larsen & Toubro Share Price: A ROCE-Focused Analysis
The civil construction sector, often a bellwether for economic activity, faces a unique challenge: translating massive infrastructure investments into consistently high returns. This analysis focuses on Larsen & Toubro share price (₹4068.10009765625) and its Return on Capital Employed (ROCE) to assess its financial health. The current Price-to-Earnings (PE) ratio stands at 34.87, which will be evaluated in the context of its ROCE and peer performance.
Larsen & Toubro's ROCE of 14.49% is a critical indicator of its efficiency in generating profits from invested capital. A higher ROCE generally suggests better capital allocation and efficient operations. This metric significantly contributes to the company's economic moat, reflecting its ability to sustain competitive advantages. A consistent and healthy ROCE signals an ability to reinvest earnings profitably, strengthening its market position and potentially supporting future growth.
Considering its peers, a comparative analysis reveals insights. For example, the management quality at Larsen & Toubro, implied by sustained project execution and contract wins, might differentiate it from
MBL Infrastructure Ltd. MBL Infrastructure, for instance, could have different operational efficiencies reflected in its own ROCE, affecting its ability to convert investment into profits with the same effectiveness. Analyzing these differences highlights relative strengths and weaknesses within the sector.Ultimately, ROCE serves as a crucial element in understanding the true value proposition of Larsen & Toubro. While the PE ratio reflects market sentiment, ROCE provides a fundamental view of how well the company utilizes its resources. A sustained ROCE performance above its cost of capital enhances shareholder value over the long term. This financial analysis, part of an 80-parameter fundamental audit, is intended for informational purposes only and is verified by Sweta Mishra. It is observational in nature and does not constitute investment advice.
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Larsen & Toubro Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of LT across key market metrics for learning purposes.
Positive Indicators
4 factors identified
Strong Return on Equity (16.55%)
Observation: Efficient use of shareholders' capital generating superior returns.
Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.
Strong Cash Generation (₹76934.58 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Strong Institutional Confidence (FII+DII: 62.82%)
Observation: Significant professional investor participation.
Analysis: High institutional holding often signals thorough due diligence.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
2 factors identified
Elevated Debt Levels (D/E: 1.32)
Observation: High leverage increases financial risk and interest burden.
Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.
Low Promoter Commitment (0.00%)
Observation: Reduced promoter stake may indicate limited confidence.
Analysis: Low promoter holding may raise questions about management commitment.
Larsen & Toubro Ltd Financial Statements
Comprehensive financial data for Larsen & Toubro Ltd including income statement, balance sheet and cash flow
About LT (Larsen & Toubro Ltd)
Larsen & Toubro Ltd (LT) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Civil Construction sector with a current market capitalisation of ₹5.60L (Cr). Larsen & Toubro Ltd has delivered a Return on Equity (ROE) of 16.55% and a ROCE of 14.49%. The debt-to-equity ratio stands at 1.32, reflecting the company's capital structure. Investors tracking LT share price can monitor key metrics including P/E ratio, promoter holding of 0.00%, and quarterly earnings growth.
Company Details
Key Leadership
Corporate Events
Latest News
LT Share Price: Frequently Asked Questions
What is the current share price of Larsen & Toubro Ltd (LT)?
As of 18 Mar 2026, 10:19 am IST, Larsen & Toubro Ltd share price is ₹3607.90. The LT stock has a market capitalisation of ₹5.60L (Cr) on NSE/BSE.
Is LT share price Overvalued or Undervalued?
LT share price is currently trading at a P/E ratio of 34.87x, compared to the industry average of 18.93x. Based on this relative valuation, the Larsen & Toubro Ltd stock appears to be Overvalued against its sector peers.
What is the 52-week high and low of LT share price?
The 52-week high of LT share price is ₹N/A and the 52-week low is ₹N/A.
What factors affect the Larsen & Toubro Ltd share price?
Key factors influencing LT share price include quarterly earnings growth (Sales Growth: 10.44%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Larsen & Toubro Ltd a good stock for long-term investment?
Larsen & Toubro Ltd shows a 5-year Profit Growth of 9.73% and an ROE of 16.55%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 1.32 before investing in LT shares.
How does Larsen & Toubro Ltd compare with its industry peers?
Larsen & Toubro Ltd competes with major peers in the Civil Construction. Investors should compare LT share price P/E of 34.87x and ROE of 16.55% against the industry averages to determine competitive standing.
What is the P/E ratio of LT and what does it mean?
LT share price has a P/E ratio of 34.87x compared to the industry average of 18.93x. Investors pay ₹35 for every ₹1 of annual earnings.
How is LT performing according to Bull Run's analysis?
LT has a Bull Run fundamental score of 35.9/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does LT belong to?
LT operates in the Civil Construction industry. This classification helps understand the competitive landscape and sector-specific trends affecting Larsen & Toubro Ltd share price.
What is Return on Equity (ROE) and why is it important for LT?
LT has an ROE of 16.55%, which indicates excellent management efficiency. ROE measures how efficiently Larsen & Toubro Ltd generates profits from shareholders capital.
How is LT debt-to-equity ratio and what does it indicate?
LT has a debt-to-equity ratio of 1.32, which indicates high leverage that increases financial risk.
What is LT dividend yield and is it a good dividend stock?
LT offers a dividend yield of 0.83%, meaning you receive ₹0.83 annual dividend for every ₹100 invested in Larsen & Toubro Ltd shares.
How has LT share price grown over the past 5 years?
LT has achieved 5-year growth rates of: Sales Growth 11.95%, Profit Growth 9.73%, and EPS Growth 10.18%.
What is the promoter holding in LT and why does it matter?
Promoters hold 0.00% of LT shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Larsen & Toubro Ltd.
What is LT market capitalisation category?
LT has a market capitalisation of ₹560453 crores, placing it in the Large-cap category.
How volatile is LT stock?
LT has a beta of N/A. A beta > 1 suggests the Larsen & Toubro Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is LT operating profit margin trend?
LT has a 5-year average Operating Profit Margin (OPM) of 14.49%, indicating the company's operational efficiency.
How is LT quarterly performance?
Recent quarterly performance shows Larsen & Toubro Ltd YoY Sales Growth of 10.44% and YoY Profit Growth of 15.63%.
What is the institutional holding pattern in LT?
LT has FII holding of 19.48% and DII holding of 43.34%. Significant institutional holding often suggests professional confidence in the Larsen & Toubro Ltd stock.