The quarterly results for Larsen & Toubro are scheduled to be announced on July 29.
Financial Performance
The following table presents the past consolidated quarterly financial performance of Larsen & Toubro:
Heading | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
---|---|---|---|---|---|
Revenue | Rs 67,078.68 Crore | Rs 55,119.82 Crore | Rs 61,554.58 Crore | Rs 64,667.78 Crore | Rs 74,392.28 Crore |
Net Profit | Rs 5,003.54 Crore | Rs 3,440.11 Crore | Rs 4,112.81 Crore | Rs 4,001.03 Crore | Rs 6,133.44 Crore |
EPS | 31.98 | 20.26 | 24.69 | 24.43 | 39.98 |
The following table presents the consolidated annual financial performance:
Heading | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|
Revenue | Rs 135,979.03 Crore | Rs 156,521.23 Crore | Rs 183,340.70 Crore | Rs 221,112.91 Crore | Rs 255,734.45 Crore |
Net Profit | Rs 4,668.96 Crore | Rs 10,291.05 Crore | Rs 12,624.87 Crore | Rs 15,569.72 Crore | Rs 17,687.39 Crore |
EPS | 82.49 | 61.71 | 74.51 | 93.96 | 109.36 |
BVPS | 625.97 | 678.79 | 736.87 | 746.01 | 710.12 |
ROE | 15.26 | 10.52 | 11.72 | 15.12 | 15.39 |
Debt to Equity | 1.73 | 1.50 | 1.33 | 1.32 | 1.33 |
The following table shows the key figures from the income statement:
Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|---|
Sales | Rs 255,734 Crore | Rs 221,112 Crore | Rs 183,340 Crore | Rs 156,521 Crore | Rs 135,979 Crore |
Other Income | Rs 4,124 Crore | Rs 4,158 Crore | Rs 2,929 Crore | Rs 2,267 Crore | Rs 3,429 Crore |
Total Income | Rs 259,859 Crore | Rs 225,270 Crore | Rs 186,269 Crore | Rs 158,788 Crore | Rs 139,408 Crore |
Total Expenditure | Rs 232,946 Crore | Rs 201,207 Crore | Rs 165,953 Crore | Rs 141,154 Crore | Rs 126,815 Crore |
EBIT | Rs 26,913 Crore | Rs 24,062 Crore | Rs 20,316 Crore | Rs 17,633 Crore | Rs 12,593 Crore |
Interest | Rs 3,334 Crore | Rs 3,545 Crore | Rs 3,207 Crore | Rs 3,125 Crore | Rs 3,913 Crore |
Tax | Rs 5,891 Crore | Rs 4,947 Crore | Rs 4,484 Crore | Rs 4,216 Crore | Rs 4,010 Crore |
Net Profit | Rs 17,687 Crore | Rs 15,569 Crore | Rs 12,624 Crore | Rs 10,291 Crore | Rs 4,668 Crore |
Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|---|
Operating Activities | Rs 9,160 Crore | Rs 18,266 Crore | Rs 22,776 Crore | Rs 19,163 Crore | Rs 22,844 Crore |
Investing Activities | Rs -15,517 Crore | Rs 2,163 Crore | Rs -8,311 Crore | Rs -3,667 Crore | Rs -5,428 Crore |
Financing Activities | Rs 6,556 Crore | Rs -25,413 Crore | Rs -11,572 Crore | Rs -15,181 Crore | Rs -15,274 Crore |
Others | Rs 28 Crore | Rs 15 Crore | Rs 263 Crore | Rs 82 Crore | Rs 0 Crore |
Net Cash Flow | Rs 228 Crore | Rs -4,968 Crore | Rs 3,156 Crore | Rs 396 Crore | Rs 2,140 Crore |
Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|---|
Share Capital | Rs 275 Crore | Rs 274 Crore | Rs 281 Crore | Rs 496 Crore | Rs 1,404 Crore |
Reserves & Surplus | Rs 97,380 Crore | Rs 85,533 Crore | Rs 88,577 Crore | Rs 81,755 Crore | Rs 75,204 Crore |
Current Liabilities | Rs 201,970 Crore | Rs 176,600 Crore | Rs 162,065 Crore | Rs 159,433 Crore | Rs 137,408 Crore |
Other Liabilities | Rs 79,897 Crore | Rs 77,217 Crore | Rs 79,427 Crore | Rs 78,363 Crore | Rs 97,257 Crore |
Total Liabilities | Rs 379,524 Crore | Rs 339,627 Crore | Rs 330,352 Crore | Rs 320,048 Crore | Rs 311,273 Crore |
Fixed Assets | Rs 38,295 Crore | Rs 38,207 Crore | Rs 37,907 Crore | Rs 36,509 Crore | Rs 36,752 Crore |
Current Assets | Rs 245,341 Crore | Rs 218,079 Crore | Rs 222,204 Crore | Rs 208,181 Crore | Rs 194,966 Crore |
Other Assets | Rs 95,886 Crore | Rs 83,339 Crore | Rs 70,240 Crore | Rs 75,358 Crore | Rs 79,554 Crore |
Total Assets | Rs 379,524 Crore | Rs 339,627 Crore | Rs 330,352 Crore | Rs 320,048 Crore | Rs 311,273 Crore |
Contingent Liabilities | Rs 28,086 Crore | Rs 21,246 Crore | Rs 19,620 Crore | Rs 23,020 Crore | Rs 21,540 Crore |
Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|---|
Basic EPS (Rs.) | 109.36 | 93.96 | 74.51 | 61.71 | 82.49 |
Diluted Eps (Rs.) | 109.28 | 93.88 | 74.45 | 61.65 | 82.41 |
Book Value [Excl. Reval Reserve]/Share (Rs.) | 710.12 | 746.01 | 736.87 | 678.79 | 625.97 |
Dividend/Share (Rs.) | 34.00 | 34.00 | 24.00 | 22.00 | 36.00 |
Face Value | 2 | 2 | 2 | 2 | 2 |
Gross Profit Margin (%) | 11.94 | 12.50 | 12.91 | 13.08 | 14.01 |
Operating Margin (%) | 10.33 | 10.84 | 11.00 | 11.20 | 11.87 |
Net Profit Margin (%) | 6.91 | 7.04 | 6.88 | 6.57 | 9.49 |
Return on Networth / Equity (%) | 15.39 | 15.12 | 11.72 | 10.52 | 15.26 |
ROCE (%) | 14.89 | 14.70 | 11.99 | 10.91 | 9.28 |
Return On Assets (%) | 3.96 | 3.84 | 3.16 | 2.70 | 3.72 |
Current Ratio (X) | 1.21 | 1.23 | 1.37 | 1.31 | 1.42 |
Quick Ratio (X) | 1.18 | 1.20 | 1.33 | 1.27 | 1.38 |
Debt to Equity (x) | 1.33 | 1.32 | 1.33 | 1.50 | 1.73 |
Interest Coverage Ratios (X) | 9.17 | 7.80 | 7.38 | 6.55 | 4.13 |
Asset Turnover Ratio (%) | 0.71 | 0.66 | 0.45 | 0.42 | 43.68 |
Inventory Turnover Ratio (X) | 3.87 | 2.89 | 2.81 | 2.81 | 23.36 |
3 Yr CAGR Sales (%) | 27.82 | 27.52 | 12.27 | 7.59 | 6.59 |
3 Yr CAGR Net Profit (%) | 31.10 | 82.61 | 11.43 | 3.17 | -25.62 |
P/E (x) | 31.93 | 40.06 | 29.05 | 28.64 | 17.20 |
P/B (x) | 4.92 | 6.01 | 3.41 | 3.01 | 2.63 |
EV/EBITDA (x) | 19.78 | 22.92 | 17.50 | 17.86 | 17.20 |
P/S (x) | 1.88 | 2.35 | 1.66 | 1.59 | 1.47 |
Larsen & Toubro announced several corporate actions. The company announced an award of order receipt for the Building & Factories Business on July 24, 2025. Additionally, Larsen & Toubro Energy GreenTech is set to establish India's first and largest Green Hydrogen Plant, according to a press release dated July 21, 2025.
The company has announced a final dividend of Rs 34 per share(1700%) with effective date being June 03, 2025.
Larsen & Toubro has a history of bonus issues, with the latest one declared on May 29, 2017, in the ratio of 1:2, with an ex-bonus date of July 13, 2017.
Moneycontrol analysis, as of July 25, 2025, indicates a very bearish sentiment for the stock.
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