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Larsen & Toubro share price & results

Larsen & Toubro Limited· Construction· Industrials

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Indian engineering, EPC and technology conglomerate across infrastructure, energy, IT services, finance and realty

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue67,942 ₹ crore+6.7% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin12.0 %−1.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit4,988 ₹ crore+15.5% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity17.03 %−0.8 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin4.29 %+2.1 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)9.78 %−3.9 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

4 of 10 judged targets kept · 10 open · verdicts reflect calls analysed to Q1 FY27.

Larsen & Toubro Limited management guidance track record on Inve: 20 targets tracked across analysed earnings calls (4 achieved, 6 missed, 10 open).

TargetOriginal wordingSaidLatest callVerdict
Group Order Inflow Growth10% for FY26
Call transcript, Q1 FY26 · 29 Jul 2025		Q1 FY26Q1 FY27:Promise concluded in FY26. No new updates.
Call transcript, Q1 FY27 · 28 Jul 2026		Achieved
Group Revenue Growth15% for FY26
Call transcript, Q1 FY26 · 29 Jul 2025		Q1 FY26Q1 FY27:Promise concluded in FY26. No new updates.
Call transcript, Q1 FY27 · 28 Jul 2026		Missed
Hyderabad Metro DivestmentTransaction to be consummated by end of FY '26
Call transcript, Q2 FY26 · 29 Oct 2025		Q2 FY26Q1 FY27:Divestment of L&T Metro Rail Hyderabad Limited is now expected to complete by September 30, 2026, a further delay from the previous Q1 FY27 target.
Call transcript, Q1 FY27 · 28 Jul 2026		Delayed

Source: Inve Guidance Tracker for Larsen & Toubro Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

6 of Larsen & Toubro Limited's 20 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 17 more targets are in the full ledger.

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Price

₹3,680 +0.90% · +₹33

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance −5.8% 1Y

₹3.4k₹3.6k₹3.8k₹4.0k₹4.2k₹4.4kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 29 Oct 2025Q3 FY26 — 28 Jan 2026Q4 FY26 — 5 May 2026Q1 FY27 — 28 Jul 2026

1Y: ₹3,904.9 on 24 Oct 2025 → ₹3,680. High ₹4,418.1 (23 Feb 2026), low ₹3,342.4 (23 Mar 2026).

Previous close
₹3,647
Market cap
₹5.0L Cr
52-week range
₹3,342.4 – ₹4,418.1
One year
−6.21%
Price to earnings (TTM to Jun 2026)
28.64×
Return on equity (TTM to Jun 2026)
17.03%

Overview

Symbol
NSE:LT
Industry
Industrials
Exchange
NSE
Currency
INR

What Larsen & Toubro Limited does

Based on the company's own presentations, annual report and earnings calls.

Larsen & Toubro is a diversified Indian conglomerate that designs and builds large, complex projects on an engineering, procurement and construction (EPC) basis across infrastructure, energy (hydrocarbon and power) and heavy/defence manufacturing. Alongside project execution it runs listed technology and services businesses — LTIMindtree in IT and L&T Technology Services in engineering R&D — plus L&T Finance (NBFC), L&T Realty and concession assets such as the Hyderabad Metro and Nabha Power. It earns primarily by executing project contracts, supplemented by IT and engineering service fees, lending income and real-estate sales.

Segments

  • Infrastructure Projects
  • Energy Projects
  • Hi-Tech Manufacturing
  • IT & Technology Services
  • Financial Services
  • Development Projects
  • Others
LTIMindtree market position
India's 6th largest IT services company
LTTS (engineering R&D) presence
over 25 countries
L&T Realty development potential
71 million sq.ft. across residential, commercial and retail (Mumbai, Bengaluru, Chennai, Delhi NCR)
Assets digitally connected to central IoT platform
17,000+ across global projects and manufacturing bases
L&T Semiconductor Technologies
India's first fabless semiconductor firm
LTTS patents portfolio (FY26)
1,706 patents
Founded 1946Headquarters Mumbai, IndiaEmployees 59,403 (March 2026) Company website

How the price took the results

close before → close after

Q1 FY27
+0.7%
28 Jul
Q4 FY26
−1.1%
5 May
Q3 FY26
+0.2%
28 Jan
Q2 FY26
−0.4%
29 Oct

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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