Shares of Larsen & Toubro were trading flat in Wednesday's session, with the stock currently priced at Rs 3,572.90. The stock is a constituent of the Nifty 50 index and experienced slight volatility in today's session. At 1:40 pm, the stock touched a day's high of Rs 3,594.00 and a day's low of Rs 3,560.00.
Larsen & Toubro announced several key updates under Regulation 30 (LODR), including newspaper publications and press releases. A notable announcement was the partnership between L&T Energy GreenTech and Japan's ITOCHU for a Green Ammonia Project, as detailed in a press release dated August 13, 2025.
Larsen & Toubro's Financial Performance:
The following tables summarize the consolidated financial performance of Larsen & Toubro.
Income Statement - Quarterly (Crore):
Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | |
---|---|---|---|---|---|
Sales | Rs 63,678 Crore | Rs 74,392 Crore | Rs 64,667 Crore | Rs 61,554 Crore | Rs 55,119 Crore |
Other Income | Rs 1,356 Crore | Rs 1,135 Crore | Rs 967 Crore | Rs 1,101 Crore | Rs 920 Crore |
Total Income | Rs 65,035 Crore | Rs 75,527 Crore | Rs 65,635 Crore | Rs 62,655 Crore | Rs 56,040 Crore |
Total Expenditure | Rs 58,394 Crore | Rs 66,767 Crore | Rs 59,459 Crore | Rs 56,216 Crore | Rs 50,502 Crore |
EBIT | Rs 6,641 Crore | Rs 8,759 Crore | Rs 6,175 Crore | Rs 6,439 Crore | Rs 5,538 Crore |
Interest | Rs 781 Crore | Rs 745 Crore | Rs 842 Crore | Rs 884 Crore | Rs 861 Crore |
Tax | Rs 1,533 Crore | Rs 1,880 Crore | Rs 1,332 Crore | Rs 1,442 Crore | Rs 1,236 Crore |
Net Profit | Rs 4,325 Crore | Rs 6,133 Crore | Rs 4,001 Crore | Rs 4,112 Crore | Rs 3,440 Crore |
The revenue for the quarter ending June 2025 was Rs 63,678.92 Crore, an increase compared to Rs 55,119.82 Crore in June 2024. The net profit for the quarter ending June 2025 was Rs 4,325.57 Crore, up from Rs 3,440.11 Crore in June 2024.
Income Statement - Yearly (Crore):
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 |
The annual revenue for March 2025 stood at Rs 255,734.45 Crore, an increase of 15.66% compared to Rs 221,112.91 Crore in March 2024. The net profit for the year ending March 2025 was Rs 17,687.39 Crore, up from Rs 15,569.72 Crore in March 2024.
Cash Flow (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 |
Ratio | 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 /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 has consistently distributed dividends. The company announced a final dividend of Rs 34 per share on May 8, 2025, with an effective date of June 3, 2025. Earlier dividends include Rs 28 per share in 2024 and Rs 24 per share in 2023, along with a special dividend of Rs 6 per share in 2023.
The company has also issued bonus shares in the past, with the latest bonus issue on May 29, 2017, in the ratio of 1:2.
A Moneycontrol analysis, conducted on August 28, 2025, indicated a neutral sentiment on the stock.
Shares of Larsen & Toubro were trading flat in Wednesday's session, with the stock currently priced at Rs 3,572.90.
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