Larsen & Toubro Ltd Stock Price Today (NSE: LT)
Fundamental Score
Larsen & Toubro Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Larsen & Toubro Ltd share price today is ₹3783.90, down 1.68% on NSE/BSE as of 20 July 2026. Larsen & Toubro Ltd (LT) is a Large-cap company in the Civil Construction sector with a market capitalisation of ₹5.21L (Cr). The 52-week high for LT share price is ₹4440.00 and the 52-week low is ₹3288.10. At a P/E ratio of 31.73x, LT is currently trading above its industry average P/E of 17.15x. The company has a Return on Equity (ROE) of 15.86% and a debt-to-equity ratio of 1.15.
Larsen & Toubro Ltd Share Price Chart — NSE/BSE Historical Performance
Larsen & Toubro Ltd share price chart: -9.25% return over the past month. 52-week high ₹4440.00, 52-week low ₹3288.10.
Larsen & Toubro Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹3815.00 | ₹3850.00 | ₹3807.00 | ₹3838.80 | 14.51L (Cr) | |
| ₹3788.90 | ₹3828.90 | ₹3767.70 | ₹3814.50 | 19.43L (Cr) | |
| ₹3795.00 | ₹3802.00 | ₹3762.30 | ₹3775.60 | 29.37L (Cr) | |
| ₹3868.00 | ₹3868.00 | ₹3778.60 | ₹3783.90 | 36.02L (Cr) | |
| ₹3892.00 | ₹3897.90 | ₹3843.00 | ₹3848.70 | 24.09L (Cr) | |
| ₹3895.00 | ₹3939.00 | ₹3875.60 | ₹3928.50 | 17.45L (Cr) | |
| ₹3905.00 | ₹3953.80 | ₹3905.00 | ₹3945.80 | 12.84L (Cr) | |
| ₹3916.00 | ₹3947.30 | ₹3867.80 | ₹3886.00 | 51.18L (Cr) | |
| ₹3950.00 | ₹3988.00 | ₹3871.00 | ₹3892.10 | 22.52L (Cr) | |
| ₹4044.50 | ₹4046.30 | ₹3975.00 | ₹3991.90 | 24.43L (Cr) |
Larsen & Toubro Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹4130.10 | ₹4142.80 | ₹3762.30 | ₹3838.80 | -7.05% | |
| ₹4089.00 | ₹4272.30 | ₹3854.40 | ₹4143.40 | +1.33% | |
| ₹4014.00 | ₹4139.50 | ₹3845.54 | ₹4076.50 | +1.56% | |
| ₹3655.00 | ₹4149.00 | ₹3470.00 | ₹4014.00 | +9.82% | |
| ₹4061.00 | ₹4141.40 | ₹3288.10 | ₹3504.10 | -13.71% | |
| ₹3830.70 | ₹4440.00 | ₹3825.00 | ₹4278.30 | +11.68% | |
| ₹4090.00 | ₹4195.00 | ₹3720.10 | ₹3932.30 | -3.86% | |
| ₹4087.00 | ₹4114.00 | ₹3949.10 | ₹4083.50 | -0.09% | |
| ₹4030.00 | ₹4140.00 | ₹3831.10 | ₹4069.60 | +0.98% | |
| ₹3658.90 | ₹4062.60 | ₹3615.00 | ₹4030.90 | +10.17% | |
| ₹3601.00 | ₹3794.90 | ₹3525.00 | ₹3659.00 | +1.61% | |
| ₹3636.00 | ₹3727.90 | ₹3531.00 | ₹3601.00 | -0.96% |
AI Research Briefing
Powered by Gemini · 2026-04-10
L&T is an expensive bet on Indian infrastructure boom, vulnerable to execution risks and policy changes.
WHAT'S HAPPENING NOW (last 2-4 weeks)
L&T's Buildings & Factories business secured multiple orders in Gujarat and Andhra Pradesh. These orders, valued between -2,500 crores, include a float glass plant in Gujarat and a two-wheeler manufacturing facility in Andhra Pradesh. L&T also secured multiple add-on orders across existing projects. Separately, L&T secured a major contract worth -50 billion. However, the share price dipped despite a massive $3.7B (crore) order win from NTPC for power equipment.
CORE STORY (THE REAL GAME)
L&T is an infrastructure play, riding the wave of the Indian government's massive capex plans. It's about L&T's ability to secure and execute large-scale projects, both domestically and internationally, particularly in the Middle East.
- Recent large order wins from NTPC and others
- Government's continued focus on infrastructure development
- Positive sentiment due to US-Iran ceasefire
- Further large order wins, especially in international markets
- Faster execution of existing projects
- Increased government spending on infrastructure
- High valuation compared to industry peers
- Geopolitical risks in the Middle East
- Dependence on government projects
FII increased stake slightly (Δ 0.15%), while DII decreased stake slightly (Δ -0.14%).
Indian civil engineering market is expected to grow at a CAGR of 35.1% from 2026 to 2033.
Buildings & Factories business secured orders worth ₹1,000-2,500 crores in Gujarat and Andhra Pradesh. Major contract worth ₹25-50 billion secured.
Profit converting to cash (Free Cash Flow 5Y: ₹76934.58 Cr)
L&T's growth hinges on its ability to capitalize on India's infrastructure boom and manage geopolitical risks. Expect volatility due to its high valuation and dependence on government spending.
Primary Thesis Risk
Reliance on government spending and high valuation make L&T vulnerable to policy shifts and market corrections.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Larsen & Toubro Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
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
5 factors identified
Strong Return on Equity (15.86%)
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.
Consistent Growth Track Record (16.02% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Strong Cash Generation (₹67046.03 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: 62.10%)
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
4 factors identified
Weak Earnings Growth (3.81% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Stagnant Profit Growth (3.38% CAGR)
Observation: Limited 5-year profit growth trajectory.
Analysis: Low profit growth may indicate scalability challenges or market maturity.
Elevated Debt Levels (D/E: 1.15)
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 vs Civil Construction Peers
Peer Comparison - Civil Construction
Compare Larsen & Toubro Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
29.2/100 | ₹3783.90₹3784 | ₹520535.11₹520535.11 | 31.73Average 31.7 Average | 15.86%Good 15.86% Good | 14.57%Average 14.57% Average | 1.15Average 1.1 Average | 3.38%Average 3.38% Average | 16.02%Excellent 16.02% Excellent | 1.00% | |
ITD Cementation India LtdITD Cementation... CEMPRO • 509496 | 65.1/100 | ₹1601.40₹1601 | ₹27466.20₹27466.20 | 46.68Average 46.7 Average | 27.80%Excellent 27.80% Excellent | 32.76%Excellent 32.76% Excellent | 0.42Excellent 0.4 Excellent | 112.23%Excellent 112.23% Excellent | 29.83%Excellent 29.83% Excellent | 0.19% |
Nbcc India LtdNbcc India Ltd... NBCC • 534309 | 55.8/100 | ₹97.82₹98 | ₹26397.95₹26397.95 | 39.89Average 39.9 Average | 24.08%Excellent 24.08% Excellent | 30.95%Excellent 30.95% Excellent | 0.00Excellent 0.0 Excellent | 24.18%Excellent 24.18% Excellent | 13.14%Good 13.14% Good | 0.68% |
41.7/100 | ₹20.09₹20 | ₹24252.69₹24252.69 | 27.58Average 27.6 Average | 4.31%Poor 4.31% Poor | 7.48%Poor 7.48% Poor | 0.96Good 1.0 Good | 50.01%Excellent 50.01% Excellent | 7.62%Good 7.62% Good | 0.77% | |
32.8/100 | ₹1297.90₹1298 | ₹22154.34₹22154.34 | 22.64Average 22.6 Average | 13.70%Average 13.70% Average | 18.28%Good 18.28% Good | 0.46Excellent 0.5 Excellent | 13.35%Good 13.35% Good | 15.95%Excellent 15.95% Excellent | 0.85% | |
Kec International LtdKec Internation... KEC • 532714 | 27/100 | ₹507.50₹508 | ₹13509.65₹13509.65 | 20.76Average 20.8 Average | 11.31%Average 11.31% Average | 14.50%Average 14.50% Average | 0.87Good 0.9 Good | 3.49%Average 3.49% Average | 12.38%Good 12.38% Good | 1.08% |
Engineers India LtdEngineers India... ENGINERSIN • 532178 | 51.5/100 | ₹230.34₹230 | ₹12942.12₹12942.12 | 18.71Average 18.7 Average | 23.79%Excellent 23.79% Excellent | 30.63%Excellent 30.63% Excellent | 0.01Excellent 0.0 Excellent | 15.77%Excellent 15.77% Excellent | 4.55%Average 4.55% Average | 1.74% |
Ircon International LtdIrcon Internati... IRCON • 541956 | 28.3/100 | ₹130.42₹130 | ₹12258.63₹12258.63 | 20.59Average 20.6 Average | 9.19%Poor 9.19% Poor | 9.69%Poor 9.69% Poor | 0.86Good 0.9 Good | 9.00%Good 9.00% Good | 11.17%Good 11.17% Good | 2.03% |
Afcons Infrastructure LtdAfcons Infrastr... AFCONS • 544280 | 3.9/100 | ₹292.20₹292 | ₹10759.54₹10759.54 | 35.84Average 35.8 Average | 5.61%Poor 5.61% Poor | 13.91%Average 13.91% Average | 0.67Good 0.7 Good | 11.84%Good 11.84% Good | 4.97%Average 4.97% Average | 0.68% |
Rites LtdRites Ltd... RITES • 541556 | 51.6/100 | ₹223.20₹223 | ₹10724.66₹10724.66 | 26.14Average 26.1 Average | 15.42%Good 15.42% Good | 22.00%Excellent 22.00% Excellent | 0.00Excellent 0.0 Excellent | -0.90%Poor -0.90% Poor | 4.86%Average 4.86% Average | 3.38% |
Ncc LtdNcc Ltd... NCC • 500294 | 41.4/100 | ₹142.30₹142 | ₹8923.55₹8923.55 | 12.76Average 12.8 Average | 9.20%Poor 9.20% Poor | 16.82%Good 16.82% Good | 0.44Excellent 0.4 Excellent | 22.00%Excellent 22.00% Excellent | 21.24%Excellent 21.24% Excellent | 1.55% |
Top Civil Construction Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- ITD Cementation India Ltd share price27466.20 Cr
- Nbcc India Ltd share price26397.95 Cr
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Larsen & Toubro Ltd PE Ratio History
Historical price-to-earnings ratio for LT — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹109.28 | ₹4083.50 | 37.4x |
| FY 2024 | ₹93.88 | ₹3607.65 | 38.4x |
| FY 2023 | ₹74.45 | ₹3526.00 | 47.4x |
| FY 2022 | ₹61.65 | ₹2085.80 | 33.8x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Larsen & Toubro Ltd Dividend History
Annual cash dividends paid by LT — dividend yield 1.00%
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2025 | ₹3849.57 Cr |
| FY 2024 | ₹4216.95 Cr |
| FY 2023 | ₹3091.42 Cr |
| FY 2022 | ₹2528.38 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
Larsen & Toubro Ltd Quarterly Performance
Latest quarterly metrics for LT — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
11.25%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
2.11%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
16.02%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
3.38%
Compounded annual net profit growth over 5 years
Larsen & Toubro Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for LT — calculated from daily price history
Selling pressure is heavy — potential reversal zone.
Technical indicators are for educational purposes only. Not investment advice.
Larsen & Toubro Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Larsen & Toubro Ltd (LT) — sourced from NSE/BSE filings.
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About LT (Larsen & Toubro Ltd)
Larsen & Toubro Ltd. is a titan in the civil construction landscape, forging tangible realities from ambitious blueprints across India and beyond. With decades of experience etched... into every brick laid and girder erected, the company stands as a testament to engineering prowess and steadfast commitment. The Infrastructure division functions as the backbone of progress, relentlessly shaping the world through the construction of towering skyscrapers, expansive manufacturing hubs, and the intricate network of transport arteries that connect communities. From the initial excavation to the final finishing touches, their team of experts orchestrates complex projects with precision, bringing visions to life while adhering to the highest standards of quality and safety. Beyond the tangible structures, Larsen & Toubro's influence extends to the crucial aspects of resource management and environmental responsibility. They pioneer advanced water and effluent treatment solutions, safeguarding precious resources and promoting sustainable practices within the civil construction sector. They also play a critical role in the metals and mining industries, building the infrastructure that supports the efficient extraction and processing of essential materials. Their heavy civil infrastructure projects showcase a deep understanding of the land, enabling the development of monumental feats of engineering that stand the test of time. Moreover, Larsen & Toubro possesses formidable capabilities in the energy sector, shaping the future of power generation through innovative construction and engineering solutions. The Energy Projects division propels the development of critical infrastructure in oil and gas, the construction of towering refineries, and the creation of sprawling petrochemical complexes. Their ambition reaches offshore, where they delve into pioneering wind energy solutions, harnessing the power of the ocean to drive sustainable growth. With a forward-thinking mindset and an unwavering dedication to excellence, Larsen & Toubro continues to define the horizons of civil construction.
Company Details
Key Leadership
Corporate Events
Latest News
LT Share Price: Frequently Asked Questions
What is the current share price of Larsen & Toubro Ltd?
Larsen & Toubro Ltd (LT) trades at ₹3783.90 on NSE and BSE. Market cap ₹5.21L (Cr). Educational data only.
What is the P/E ratio of Larsen & Toubro Ltd?
Larsen & Toubro Ltd has a P/E of 31.73x vs industry average 17.15x.
What is the Bull Run score for Larsen & Toubro Ltd?
Larsen & Toubro Ltd has a Bull Run score of 29.2/100 based on 25+ financial parameters.
Does Larsen & Toubro Ltd pay dividends?
Larsen & Toubro Ltd has a dividend yield of 1.00%. Past dividends don't guarantee future payments.
What is the ROE of Larsen & Toubro Ltd?
Larsen & Toubro Ltd has ROE of 15.86%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Larsen & Toubro Ltd?
Larsen & Toubro Ltd has debt-to-equity of 1.15.
Is Larsen & Toubro Ltd a good investment?
Bull Run gives Larsen & Toubro Ltd a score of 29.2/100. This is not investment advice — consult a SEBI-registered advisor.