LT

Larsen & Toubro Share Price Larsen & Toubro

₹3,495.00
-66.2 (-1.86%)
19 March, 2024 11:39 BSE: 500510 NSE: LTISIN: INE018A01030

Start SIP in Larsen & Toubro

Start SIP

Larsen & Toubro Performance

Day Range

  • Low 3,481
  • High 3,550
₹ 3,495

52 Week Range

  • Low 2,121
  • High 3,738
₹ 3,495
  • Open Price3,541
  • Previous Close3,561
  • Volume657122

Larsen & Toubro Share Price

  • Over 1 Month 3.27%
  • Over 3 Month 0.17%
  • Over 6 Month 19.78%
  • Over 1 Year 59.28%

Larsen & Toubro Key Statistics

P/E Ratio 38.8
PEG Ratio 1.5
Market Cap Cr 491,328
Price to Book Ratio 4.7
EPS 58.9
Dividend 0.9
Relative Strength Index 52.65
Money Flow Index 42.01
MACD Signal 43.73
Average True Range 77.95
Larsen & Toubro Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 31,60128,15126,93136,734
Operating Expenses Qtr Cr 29,14226,23025,05733,210
Operating Profit Qtr Cr 2,4591,9211,8733,524
Depreciation Qtr Cr 438416379357
Interest Qtr Cr 630584547534
Tax Qtr Cr 480447411710
Net Profit Qtr Cr 2,1362,7101,7923,003
IndicatorMar 2023
Total Revenue Annual Cr 114,536
Operating Expenses Annual Cr 101,206
Operating Profit Annual in Cr 9,295
Depreciation Cr 1,372
Interest Annual Cr 2,125
Tax Annual Cr 1,984
Net Profit Annual Cr 7,849
IndicatorMar 2023
Cash from Operating Activity Annual Cr 7,264
Cash from Investing Activity Annual Cr -1,753
Cash from Financing Annual Activity Cr -7,441
Net Cash Flow Annual Cr -1,930
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 71,528
Fixed Assets Annual Cr 11,711
Total Non Current Assets Annual Cr 47,884
Total Current Assets Annual Cr 124,541
Total Assets Annual Cr 172,424
IndicatorMar 2023
Book Value Per Share Annual Rs 509
ROE Annual % 11
ROCE Annual % 15
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 12
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 55,12851,02447,88258,335
Operating Expenses Qtr Cr 49,36945,39243,01451,502
Operating Profit Qtr Cr 5,7595,6324,8696,833
Depreciation Qtr Cr 921910830854
Interest Qtr Cr 904864851813
Tax Qtr Cr 1,1771,1361,2161,461
Net Profit Qtr Cr 2,9473,2232,4933,987
IndicatorMar 2023
Total Revenue Annual Cr 186,270
Operating Expenses Annual Cr 162,587
Operating Profit Annual in Cr 20,753
Depreciation Cr 3,502
Interest Annual Cr 3,207
Tax Annual Cr 4,484
Net Profit Annual Cr 10,471
IndicatorMar 2023
Cash from Operating Activity Annual Cr 22,777
Cash from Investing Activity Annual Cr -8,312
Cash from Financing Annual Activity Cr -11,572
Net Cash Flow Annual Cr 2,893
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 89,326
Fixed Assets Annual Cr 37,908
Total Non Current Assets Annual Cr 108,148
Total Current Assets Annual Cr 222,204
Total Assets Annual Cr 330,352
IndicatorMar 2023
Book Value Per Share Annual Rs 737
ROE Annual % 12
ROCE Annual % 12
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 13

Larsen & Toubro Technicals

EMA & SMA

Current Price
₹3,495.00
-66.2 (-1.86%)
pointer
  • Bullish Moving Average
  • ___
  • 7
  • Bearish Moving Average
  • ___
  • 9
  • 20 Day
  • ₹3,547.20
  • 50 Day
  • ₹3,481.03
  • 100 Day
  • ₹3,347.09
  • 200 Day
  • ₹3,075.32
  • 20 Day
  • ₹3,535.07
  • 50 Day
  • ₹3,500.96
  • 100 Day
  • ₹3,360.69
  • 200 Day
  • ₹3,017.32

Larsen & Toubro Resistance and Support

PIVOT
₹3,553.37
Resistance
First Resistance 3,580.03
Second Resistance 3,598.87
Third Resistance 3,625.53
RSI 52.65
MFI 42.01
MACD Single Line 43.73
MACD 39.96
Support
First Resistance 3,534.53
Second Resistance 3,507.87
Third Resistance 3,489.03

Larsen & Toubro Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,424,418 94,965,948 66.67
Week 2,873,162 192,243,283 66.91
1 Month 2,410,679 148,931,757 61.78
6 Month 2,230,651 134,352,133 60.23

Larsen & Toubro Result Highlights

Larsen & Toubro Synopsis

NSE-Bldg-Heavy Construction

L&T is involved in the business activities of Construction of utility projects. Company’s Total Operating Revenue is Rs. 110500.98 Cr. and Equity Capital is Rs. 281.10 Cr. for the Year ended 31/03/2023. Larsen & Toubro Ltd. is a Public Limited Listed company incorporated on 07/02/1946 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L99999MH1946PLC004768 and registration number is 004768.
Market Cap 484,667
Sales 123,417
Shares in Float 140.58
No of funds 1287
Yield 0.67
Book Value 7
U/D Vol ratio 0.8
LTDebt / Equity 13
Alpha 0.08
Beta 0.99

Larsen & Toubro

Owner NameDec-23Sep-23Jun-23Mar-23
Promoters
Mutual Funds 17.01%16.59%17.46%17.6%
Insurance Companies 17.58%17.79%17.85%18.49%
Foreign Portfolio Investors 25.5%25.72%25.29%24.48%
Financial Institutions/ Banks 0.13%
Individual Investors 19.49%19.44%19.29%19.45%
Others 20.42%20.33%20.11%19.98%

Larsen & Toubro Management

Name Designation
Mr. A M Naik Group Chairman
Mr. S N Subrahmanyan Managing Director & CEO
Mr. R Shankar Raman WholeTime Director & CFO
Mr. S V Desai WholeTime Director & Sr.Exe.VP
Mr. T Madhava Das WholeTime Director & Sr.Exe.VP
Mr. M V Satish WholeTime Director & Sr.Exe.VP
Mr. Subramanian Sarma WholeTime Director & Sr.Exe.VP
Mr. Vikram Singh Mehta Independent Director
Mr. Adil Siraj Zainulbhai Independent Director
Mr. M M Chitale Independent Director
Mr. Pramit Jhaveri Independent Director
Mr. M Damodaran Independent Director
Mr. Sanjeev Aga Independent Director
Mr. Narayanan Kumar Independent Director
Mrs. Preetha Reddy Independent Director
Mr. Hemant Bhargava Nominee Director
Mr. Anil V Parab WholeTime Director & Sr.Exe.VP
Mr. Jyoti Sagar Independent Director
Mr. Rajnish 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
2024-01-30 Quarterly Results
2023-10-31 Quarterly Results
2023-07-25 Quarterly Results
2023-05-10 Audited Results & Dividend
2023-01-30 Quarterly Results
Date Purpose Remarks
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 ₹3,495 As on 19 March, 2024 | 11:25

What is the Market Cap of Larsen & Toubro ?

The Market Cap of Larsen & Toubro is ₹491328.4 Cr As on 19 March, 2024 | 11:25

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

The P/E ratio of Larsen & Toubro is 38.8 As on 19 March, 2024 | 11:25

What is the PB ratio of Larsen & Toubro ?

The PB ratio of Larsen & Toubro is 4.7 As on 19 March, 2024 | 11:25

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.

How to buy Larsen & Toubro Ltd. shares?

You can easily buy the Larsen & Toubro Ltd. shares by registering at 5Paisa and setting up a Demat Account in your name.

Q2FY23