Larsen & Toubro Limited (NSE:LT)
India flag India · Delayed Price · Currency is INR
4,093.00
+12.00 (0.29%)
Aug 21, 2026, 3:15 PM IST

Larsen & Toubro Stock Forecast

Stock Price Forecast

According to 31 analysts polled by S&P Global, Larsen & Toubro stock has a consensus rating of "Buy" and an average price target of ₹4,502. The average 1-year stock price forecast is 9.98% higher than the current stock price, while the lowest is ₹3,550 (-13.27%) and the highest is ₹5,060 (+23.63%).

Price Target: ₹4,502 (+9.98%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹3,550₹4,502₹4,540₹5,060
Change-13.27%+9.98%+10.91%+23.63%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy201919192019
Buy766666
Hold235544
Sell111111
Strong Sell111111
Total313032323231

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Maintains
₹4,885₹5,000
BuyMaintains₹4,885₹5,000+22.16%Jul 30, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
₹5,060
BuyMaintains₹5,060+23.63%Jun 15, 2026
Motilal Oswal
Motilal Oswal
Buy
Maintains
₹4,600₹4,400
BuyMaintains₹4,600₹4,400+7.50%Mar 5, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
3.21T
from 2.92T
Increased by 10.17%
Revenue Next Year
3.73T
from 3.21T
Increased by 16.15%
EPS This Year
147.80
from 125.27
Increased by 17.99%
EPS Next Year
180.24
from 147.80
Increased by 21.95%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
1.59T1.86T2.25T2.60T2.92T3.21T
Revenue Growth
13.94%17.29%20.94%15.37%12.24%10.17%
Gross Profit
613.70B727.93B839.74B950.10B1.08T1.17T
Gross Margin
38.66%39.10%37.29%36.57%36.91%36.53%
Operating Income
175.16B202.37B239.03B264.16B305.55B283.57B
Net Income
86.69B104.71B130.59B150.37B160.84B206.82B
EPS
----125.27147.80
EPS Growth
----64.31%17.99%
Forward PE
-----27.69
Dividend / Share
22.0024.0028.0034.0038.0045.15
Dividend Growth
22.22%9.09%16.67%21.43%11.77%18.81%
Free Cash Flow
74.63B116.51B247.45B98.40B261.95B148.24B
No. Analysts
-----29
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
23.0%
Avg
10.2%
Low
5.7%

EPS Forecast

EPS202720282029
High160.00
Avg147.80
Low132.40

EPS Growth

EPS Growth202720282029
High
27.7%
Avg
18.0%
Low
5.7%