LT

Larsen & Toubro Share Price

₹3,591.35
-37.5 (-1.03%)
13 November, 2024 01:12 BSE: 500510 NSE: LT ISIN: INE018A01030

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Larsen & Toubro Performance

Day Range

  • Low 3,580
  • High 3,651
₹ 3,591

52 Week Range

  • Low 3,031
  • High 3,920
₹ 3,591
  • Open Price3,650
  • Previous Close3,629
  • Volume1116206

Larsen & Toubro Chart

  • Over 1 Month + 3.12%
  • Over 3 Month -0.02%
  • Over 6 Month + 9.78%
  • Over 1 Year + 18.4%

Larsen & Toubro Key Statistics

P/E Ratio 37.3
PEG Ratio 3.6
Market Cap Cr 505,039
Price to Book Ratio 4.9
EPS 63.2
Dividend 0.8
Relative Strength Index 52.45
Money Flow Index 56.94
MACD Signal -2.92
Average True Range 76.63

Larsen & Toubro Investment Rating

  • Master Rating:
  • Larsen & Toubro Ltd. (L&T) is a global engineering and construction conglomerate, offering services across infrastructure, power, defense, and technology. With a strong presence in over 30 countries, L&T delivers innovative and sustainable solutions across diverse sectors.

    Larsen & Toubro has an operating revenue of Rs. 238,880.90 Cr. on a trailing 12-month basis. An annual revenue growth of 21% is outstanding, Pre-tax margin of 9% is okay, ROE of 15% is good. The company has a debt to equity of 65%, which is bit higher. The stock from a technical standpoint is trading close to its key moving averages, around 1% and 1% from 50DMA and 200DMA. It needs to stay above these levels to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 7% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 50 which is a POOR score indicating inconsistency in earnings, a RS Rating of 44 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 111 indicates it belongs to a poor industry group of Bldg-Heavy Construction and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

    Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Larsen & Toubro Financials
IndicatorSep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 34,91830,27939,55331,60128,15126,93136,734
Operating Expenses Qtr Cr 31,96428,29436,12229,14226,23025,05733,210
Operating Profit Qtr Cr 2,9551,9853,4312,4591,9211,8733,524
Depreciation Qtr Cr 505481518438416379357
Interest Qtr Cr 583567644630584547534
Tax Qtr Cr 707424673480447411710
Net Profit Qtr Cr 1,9932,9612,6662,1362,7101,7923,003
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 131,576114,536
Operating Expenses Annual Cr 116,551101,206
Operating Profit Annual in Cr 9,6859,295
Depreciation Cr 1,7511,372
Interest Annual Cr 2,4062,125
Tax Annual Cr 2,0121,984
Net Profit Annual Cr 9,3047,849
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 8,2947,264
Cash from Investing Activity Annual Cr 6,362-1,753
Cash from Financing Annual Activity Cr -14,522-7,441
Net Cash Flow Annual Cr 133-1,930
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 64,41671,528
Fixed Assets Annual Cr 12,46311,711
Total Non Current Assets Annual Cr 50,61347,884
Total Current Assets Annual Cr 124,669124,541
Total Assets Annual Cr 175,283172,424
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 469509
ROE Annual % 1411
ROCE Annual % 1715
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1212
IndicatorSep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 61,55555,12067,07955,12851,02447,88258,335
Operating Expenses Qtr Cr 55,19349,50559,84549,36945,39243,01451,502
Operating Profit Qtr Cr 6,3625,6157,2345,7595,6324,8696,833
Depreciation Qtr Cr 1,0249981,021921910830854
Interest Qtr Cr 884861926904864851813
Tax Qtr Cr 1,4421,2371,4181,1771,1361,2161,461
Net Profit Qtr Cr 3,3952,7864,3962,9473,2232,4933,987
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 225,271186,270
Operating Expenses Annual Cr 197,619162,587
Operating Profit Annual in Cr 23,49420,753
Depreciation Cr 3,6823,502
Interest Annual Cr 3,5463,207
Tax Annual Cr 4,9474,484
Net Profit Annual Cr 13,05910,471
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 18,26622,777
Cash from Investing Activity Annual Cr 2,163-8,312
Cash from Financing Annual Activity Cr -25,413-11,572
Net Cash Flow Annual Cr -4,9842,893
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 86,35989,326
Fixed Assets Annual Cr 38,20837,908
Total Non Current Assets Annual Cr 121,547108,148
Total Current Assets Annual Cr 218,080222,204
Total Assets Annual Cr 339,627330,352
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 746737
ROE Annual % 1512
ROCE Annual % 1512
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1313

Larsen & Toubro Technicals

EMA & SMA

Current Price
₹3,591.35
-37.5 (-1.03%)
pointer
  • Bullish Moving Average
  • ___
  • 11
  • Bearish Moving Average
  • ___
  • 5
  • 20 Day
  • ₹3,567.10
  • 50 Day
  • ₹3,576.03
  • 100 Day
  • ₹3,579.89
  • 200 Day
  • ₹3,492.35
  • 20 Day
  • ₹3,535.16
  • 50 Day
  • ₹3,589.08
  • 100 Day
  • ₹3,605.60
  • 200 Day
  • ₹3,576.54

Larsen & Toubro Resistance and Support

PIVOT
₹3,607.45
Resistance
First Resistance 3,634.90
Second Resistance 3,678.45
Third Resistance 3,705.90
RSI 52.45
MFI 56.94
MACD Single Line -2.92
MACD 16.87
Support
First Support 3,563.90
Second Support 3,536.45
Third Supoort 3,492.90

Larsen & Toubro Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,157,490 60,282,079 52.08
Week 1,883,370 124,829,790 66.28
1 Month 2,260,839 132,146,010 58.45
6 Month 2,840,495 164,265,834 57.83

Larsen & Toubro Result Highlights

Larsen & Toubro Synopsis

NSE-Bldg-Heavy Construction

Larsen & Toubro Ltd. (L&T) is a global engineering and construction conglomerate, offering services across infrastructure, power, defense, and technology. With a strong presence in over 30 countries, L&T delivers innovative and sustainable solutions across diverse sectors.
Market Cap 510,313
Sales 136,351
Shares in Float 140.63
No of funds 1246
Yield 0.77
Book Value 7.74
U/D Vol ratio 1
LTDebt / Equity 19
Alpha -0.06
Beta 1.31

Larsen & Toubro Shareholding Pattern

Owner NameSep-24Jun-24Mar-24Dec-23
Promoters
Mutual Funds 19.14%18.13%17.85%17.01%
Insurance Companies 18.74%17.98%17.44%17.58%
Foreign Portfolio Investors 21.72%22.85%24.36%25.5%
Financial Institutions/ Banks 0.01%0.01%0.02%
Individual Investors 19.84%20.2%19.68%19.49%
Others 20.55%20.83%20.65%20.42%

Larsen & Toubro Management

Name Designation
Mr. S N Subrahmanyan Chairman & Managing Director
Mr. R Shankar Raman WholeTime Director & CFO
Mr. Subramanian Sarma President & Wholetime Director
Mr. S V Desai WholeTime Director & Sr.Exe.VP
Mr. T Madhava Das WholeTime Director & Sr.Exe.VP
Mr. Anil V Parab WholeTime Director & Sr.Exe.VP
Mr. Siddhartha Mohanty Nominee Director
Mr. P R Ramesh Independent Director
Mr. Ajay Tyagi Independent Director
Mr. Jyoti Sagar Independent Director
Mr. Rajnish Kumar Independent Director
Mr. Adil Siraj Zainulbhai Independent Director
Mr. Pramit Jhaveri Independent Director
Mrs. Preetha Reddy Independent Director
Mr. Sanjeev Aga Independent Director
Mr. Narayanan Kumar Independent Director

Larsen & Toubro Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Larsen & Toubro Corporate Action

Date Purpose Remarks
2024-10-30 Quarterly Results
2024-07-24 Quarterly Results
2024-05-08 Audited Results & Final Dividend
2024-03-27 Others Inter alia, to consider fund raising including by way of debt issue per share(500%)First Interim Dividend
2024-01-30 Quarterly Results
Date Purpose Remarks
2024-06-20 FINAL Rs.28.00 per share(1400%)Final Dividend
2023-08-02 FINAL Rs.24.00 per share(1200%)Dividend
2023-08-02 SPECIAL Rs.6.00 per share(300%)Special Dividend
2022-07-22 FINAL Rs.22.00 per share(1100%)Final Dividend

About Larsen & Toubro

Larsen & Toubro (L&T) is an Indian multinational conglomerate that operates across various sectors, providing a wide range of products and services. Established in Mumbai in 1946 by Danish engineers Henning Holck-Larsen and Soren Kristian Toubro, the company has grown to become one of the most significant engineering, technology, and construction firms in India and the world. L&T's headquarters are located in Mumbai, India.

As of March 31, 2022, the illustrious L&T Group stands tall with an impressive corporate structure that includes a vast array of subsidiaries, associate companies, joint ventures, and jointly held operations. The Group boasts an extensive and diverse portfolio encompassing a wide spectrum of industries and sectors.

The L&T Group comprises a remarkable total of 93 subsidiaries, each contributing its unique expertise and specialization to the Group's overall capabilities. These subsidiaries play essential roles in various domains, ranging from basic and heavy engineering, construction, and realty to manufacturing capital goods, information technology, and financial services.

Additionally, the Group collaborates with 5 associate companies, reinforcing its reach and synergistic potential across multiple sectors. These associates share a strategic partnership with the Group, contributing to its holistic growth and expanding its impact in the market.

Furthermore, the L&T Group engages in 27 joint ventures, establishing fruitful alliances with other organizations to capitalize on shared goals, expertise, and resources. Through these joint ventures, the Group taps into new opportunities and diversifies its offerings, strengthening its position in the business landscape.

Moreover, the Group's portfolio includes 35 jointly held operations, showcasing its commitment to collaboration and co-ownership of ventures that contribute to mutual growth and prosperity. These jointly held operations represent a testament to the Group's dedication to fostering strategic partnerships and maximizing collective potential.

Across this extensive corporate ecosystem, the L&T Group's activities span an impressive range of industries, providing solutions and services that leave a lasting impact on society and the economy. From pioneering advancements in engineering and construction to driving innovation in the IT sector, manufacturing cutting-edge capital goods, and excelling in the realm of financial services, the L&T Group's influence extends far and wide.

 

History and Milestones 

Larsen & Toubro (L&T) traces its origins back to 1946 when it was founded in Bombay by Danish engineers Henning Holck-Larsen and Søren Kristian Toubro. Originally, it started as a representative for Danish dairy and allied equipment manufacturers. However, the onset of World War II disrupted trade, prompting the partners to start a workshop for jobs and services. They ventured into ship repair and fabrication during the war, which led to the formation of a new company, Hilda Ltd, for these operations.

Incorporated in 1946, Engineering Construction & Contracts (ECC) focused on construction projects and later became L&T's construction division. The company forged foreign collaborations and represented British manufacturers of various equipment. In 1947, L&T had an agreement with a US-based company called Caterpillar Tractor Company for marketing earth moving equipment. Larsen & Toubro Private Limited was incorporated to raise additional capital on 7 February 1946.

Post-independence, L&T expanded with Kolkata, Chennai, and New Delhi offices. It acquired 55 acres in Powai, Mumbai, for further development. In December 1950, L&T became a public company with significant capital and sales turnover growth. Subsequently, in 1956, the company's Mumbai office moved to ICI House in Ballard Estate, which was later purchased and renamed L&T House, serving as its present headquarters.

L&T is involved in three core products/services: construction and project-related activity, manufacturing and trading activity, and IT and engineering services. To facilitate administrative efficiency, the conglomerate is organized into sixteen subsidiary companies:

● LTIMindtree
● L&T EduTech
● L&T SuFin
● L&T Realty
● L&T Financial Services
● L&T Metro Rail
● L&T Technology Services
● L&T Valves
● L&T Construction & Mining Machinery
● L&T Shipbuilding
● L&T Defence
● L&T Heavy Engineering
● L&T Minerals & Metals
● L&T Power
● L&T Hydrocarbon
● L&T EBG
● L&T Construction

 

Awards and Recognition

Over the years, Larsen & Toubro has received numerous awards and accolades, recognizing its contributions to various industries and its commitment to excellence. Some of the notable awards include:

● L&T Ranked No.1 in the Capital Goods Sector and No.17 among the Top 50 Most Sustainable Companies in India by Businessworld (BW)
● L&T among top 10 of LinkedIn’s 25 best workplaces in India
● L&T wins BML Munjal Award 2022 in the Sustained Excellence Category
● FICCI Quality Awards for 3 L&T businesses


Important Facts 

● Number of employees: 245,677
● Total equity: ₹103,567.22 crore (US$13 billion)
● Total assets: ₹330,352.21 crore (US$41 billion)
●  Website: larsentoubro.com

As of the last available data, L&T's market capitalization stands at a significant figure (3.50 trillion INR), reflecting its stature as a key player in the Indian corporate landscape.
 

Larsen & Toubro FAQs

What is Share Price of Larsen & Toubro ?

Larsen & Toubro share price is ₹3,591 As on 13 November, 2024 | 00:58

What is the Market Cap of Larsen & Toubro ?

The Market Cap of Larsen & Toubro is ₹505039.2 Cr As on 13 November, 2024 | 00:58

What is the P/E ratio of Larsen & Toubro ?

The P/E ratio of Larsen & Toubro is 37.3 As on 13 November, 2024 | 00:58

What is the PB ratio of Larsen & Toubro ?

The PB ratio of Larsen & Toubro is 4.9 As on 13 November, 2024 | 00:58

Is Larsen & Toubro (L&T) a debt-free company?

Larsen & Toubro (L&T) has a high debt to equity of 107%.

What is the ROE of Larsen & Toubro (L&T)?

Larsen & Toubro (L&T) has an ROE of 15% which is good.

What is the stock price CAGR of Larsen & Toubro (L&T)?

The stock price CAGR of Larsen & Toubro (L&T) for 10 Years is 12%, 5 Years is 14%, 3 Years is 7% and 1 Year is 58%.

What is the PE ratio of Larsen & Toubro (L&T)?

Larsen & Toubro (L&T) has a PE ratio of 18.2.

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Q2FY23