Larsen & Toubro Limited (NSE:LT)
India flag India · Delayed Price · Currency is INR
3,638.30
+2.30 (0.06%)
Oct 22, 2026, 3:28 PM IST

Larsen & Toubro Financials Overview

Millions INR. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
2,969,0082,916,1802,598,0632,251,8901,861,9401,587,506
Revenue Growth
10.45%12.24%15.37%20.94%17.29%13.94%
Gross Profit
1,111,1451,076,257950,101839,744727,934613,697
Operating Income
313,749305,551264,161239,035202,369175,161
Net Income
165,897160,840150,371130,591104,70786,693
Earnings Per Share
108.03104.36109.3693.8874.4561.65
EPS Growth
-6.32%-4.57%16.49%26.10%20.76%-25.19%

Revenue by Segment

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Infrastructure & Utilities
-1,008,425----
Energy - Conventional
-543,743----
Energy - Green
-350,202----
Manufacturing & Products
-190,915----
Technology, Platforms & Services
-541,090----
Financial Services
183,541172,834151,940131,086125,749119,711
Realty
-31,303----
Development Projects
49,42951,18553,89156,28050,28843,675
Infrastructure Projects
--1,313,1451,140,082878,232735,601
Energy Projects
--406,769295,709249,563237,134
Hi-Tech Manufacturing
--101,80987,65371,60962,645
IT & Technology Services
--484,533449,163417,893324,553
Other Segment
--78,16484,92962,70862,619

Cash & Debt

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
766,147766,147605,940486,323544,373460,320
Total Debt
1,254,9661,254,9661,324,0891,163,2221,206,5041,255,081
Net Cash (Debt)
-488,819-488,819-718,149-676,900-662,131-794,761
Net Cash Growth
------
Net Cash Per Share
-355.19-355.21-521.90-486.61-470.79-565.15

Cash Flow & CapEx

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Operating Cash Flow
-167,41091,514182,663227,770191,636
Capital Expenditures
--48,092-44,188-45,165-41,438-31,106
Free Cash Flow
-119,31847,325137,498186,332160,530
Free Cash Flow Growth
-152.12%-65.58%-26.21%16.07%-24.51%

Margins

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Gross Margin
37.43%36.91%36.57%37.29%39.09%38.66%
Operating Margin
10.57%10.48%10.17%10.62%10.87%11.03%
Pretax Margin
9.62%9.43%8.89%9.06%9.07%9.15%
Profit Margin
5.59%5.51%5.79%5.80%5.62%5.46%
FCF Margin
-4.09%1.82%6.11%10.01%10.11%

Dividends

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingOct '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Dividend Per Share
38.00038.00034.00028.00024.00022.000
Dividend Per Share Growth
11.76%11.77%21.43%16.67%9.09%22.22%
Dividend Yield
1.04%1.08%0.97%0.74%1.11%1.24%

Valuation

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingOct '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
33.6829.9731.9339.7329.0528.65
P/FCF Ratio
41.8540.40101.4437.7316.3315.47
PS Ratio
1.681.651.852.301.631.56