Larsen & Toubro Limited (NSE:LT)
India flag India · Delayed Price · Currency is INR
4,212.00
+27.00 (0.65%)
Nov 11, 2026, 3:29 PM IST

Larsen & Toubro Stock Forecast

Stock Price Forecast

According to 29 analysts polled by S&P Global, Larsen & Toubro stock has a consensus rating of "Buy" and an average price target of ₹4,512. The average 1-year stock price forecast is 7.13% higher than the current stock price, while the lowest is ₹3,450 (-18.09%) and the highest is ₹5,185 (+23.10%).

Price Target: ₹4,512 (+7.13%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹3,450₹4,512₹4,540₹5,185
Change-18.09%+7.13%+7.79%+23.10%

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

Chart
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy192018182222
Buy666622
Hold544433
Sell111111
Strong Sell111111
Total323230302929

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Maintains
₹4,700
BuyMaintains₹4,700+11.59%Oct 30, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
₹4,960
BuyMaintains₹4,960+17.76%Oct 29, 2026
ICICI Securities
ICICI Securities
Buy
Maintains
₹4,710
BuyMaintains₹4,710+11.82%Oct 29, 2026

Financial Forecast

Revenue This Year
3.20T
from 2.92T
Increased by 9.81%
Revenue Next Year
3.70T
from 3.20T
Increased by 15.51%
EPS This Year
150.44
from 125.27
Increased by 20.10%
EPS Next Year
180.15
from 150.44
Increased by 19.75%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
1.59T1.86T2.25T2.60T2.92T3.20T
Revenue Growth
13.94%17.29%20.94%15.37%12.24%9.81%
Gross Profit
613.70B727.93B839.74B950.10B1.08T1.19T
Gross Margin
38.66%39.10%37.29%36.57%36.91%37.17%
Operating Income
175.16B202.37B239.03B264.16B305.55B273.37B
Net Income
86.69B104.71B130.59B150.37B160.84B208.60B
EPS
----125.27150.44
EPS Growth
----64.31%20.10%
Forward PE
-----28.00
Dividend / Share
22.0024.0028.0034.0038.0044.48
Dividend Growth
22.22%9.09%16.67%21.43%11.77%17.04%
Free Cash Flow
----119.32B184.17B
No. Analysts
-----25
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High3.5T
Avg3.2T
Low3.1T

Revenue Growth

Revenue Growth202720282029
High
20.1%
Avg
9.8%
Low
6.6%

EPS Forecast

EPS202720282029
High162.70
Avg150.44
Low132.30

EPS Growth

EPS Growth202720282029
High
29.9%
Avg
20.1%
Low
5.6%