Larsen & Toubro Limited (NSE:LT)
India flag India · Delayed Price · Currency is INR
4,218.00
+8.60 (0.20%)
Jun 22, 2026, 10:40 AM IST

Larsen & Toubro Stock Forecast

Stock Price Forecast

According to 32 analysts polled by S&P Global, Larsen & Toubro stock has a consensus rating of "Buy" and an average price target of ₹4,514. The average 1-year stock price forecast is 7.01% higher than the current stock price, while the lowest is ₹3,600 (-14.65%) and the highest is ₹5,060 (+19.96%).

Price Target: ₹4,514 (+7.01%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price₹3,600₹4,514₹4,550₹5,060
Change-14.65%+7.01%+7.87%+19.96%
* Price targets were last updated on May 8, 2026.

Analyst Ratings

The average analyst rating for Larsen & Toubro stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy201920191919
Buy877666
Hold222355
Sell221111
Strong Sell111111
Total333131303232

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Maintains
₹4,885
BuyMaintains₹4,885+15.81%May 8, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
₹4,570
BuyMaintains₹4,570+8.35%Mar 25, 2026
Motilal Oswal
Motilal Oswal
Buy
Maintains
₹4,600₹4,400
BuyMaintains₹4,600₹4,400+4.31%Mar 5, 2026
Geojit Research
Geojit Research
Buy
Reiterates
₹4,409₹4,560
BuyReiterates₹4,409₹4,560+8.11%Feb 2, 2026
ICICI Securities
ICICI Securities
Buy
Maintains
₹5,020₹5,030
BuyMaintains₹5,020₹5,030+19.25%Jan 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
3.22T
from 2.92T
Increased by 10.59%
Revenue Next Year
3.75T
from 3.22T
Increased by 16.16%
EPS This Year
150.90
from 125.27
Increased by 20.46%
EPS Next Year
183.45
from 150.90
Increased by 21.57%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
1.59T1.86T2.25T2.60T2.92T3.22T
Revenue Growth
13.94%17.29%20.94%15.37%12.24%10.59%
Gross Profit
613.70B727.93B839.74B950.10B1.08T1.18T
Gross Margin
38.66%39.10%37.29%36.57%36.91%36.45%
Operating Income
175.16B202.37B239.03B264.16B305.55B289.22B
Net Income
86.69B104.71B130.59B150.37B160.84B205.23B
EPS
----125.27150.90
EPS Growth
----17.41%20.46%
Forward PE
-----27.95
Dividend / Share
22.0024.0028.0034.0038.0046.07
Dividend Growth
-9.09%16.67%21.43%11.76%21.24%
Free Cash Flow
74.63B116.51B247.45B98.40B261.95B171.58B
No. Analysts
-----30
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High3.6T
Avg3.2T
Low3.1T

Revenue Growth

Revenue Growth202720282029
High
23.6%
Avg
10.6%
Low
6.1%

EPS Forecast

EPS202720282029
High197.60
Avg150.90
Low130.30

EPS Growth

EPS Growth202720282029
High
57.7%
Avg
20.5%
Low
4.0%