Larsen & Toubro Ltd (LT) — shareholding pattern, promoter holding, financials and share price
About Larsen & Toubro Ltd (LT)
Larsen & Toubro Ltd operates in the Civil Construction industry, within the Construction sector. It trades on the NSE as LT and on the BSE under scrip code 500510. Its ISIN is INE018A01030.
Larsen & Toubro Ltd is a multinational conglomerate which is primarily engaged in providing engineering, procurement and construction (EPC) solutions in key sectors such as Infrastructure, Hydrocarbon, Power, Process Industries and Defence, Information Technology and Financial Services in domestic and international markets. [1]
Larsen & Toubro is an Indian multinational conglomerate focused on EPC projects, hi‑tech manufacturing and services, operating across infrastructure, energy, heavy engineering, defence, IT/technology services and financial services with a large global footprint and multiple listed subsidiaries including LTIMindtree and LTTS.
The company achieved record quarterly order inflows of Rs 1,356 billion in Q3 FY'26 and a Rs 7.33 trillion order book (up 30% YoY), providing unusually strong near‑term revenue visibility and a diversified mix across domestic private, central/public and Middle East international projects.
Listed peers in Civil Construction: Rail Vikas Nigam Ltd, NBCC (India) Ltd, Cemindia Projects Ltd, IRB Infrastructure Trust, IRB Infrastructure Developers Ltd, Kalpataru Projects International Ltd.
Valuation & Returns
10 Jul 2026At ₹3,946.55 a share on 10 Jul 2026, Larsen & Toubro Ltd (LT) was valued at a price-to-earnings ratio of 28.34x against an industry P/E of 25.97x and a price-to-book of 4.97x on a book value of ₹794.41 per share as of Mar 2026. Solomo computes return on equity of 17.53% and return on capital employed of 17.14% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 28.34x
- Industry P/E
- 25.97x
- P/B
- 4.97x
- EPS (TTM)
- ₹139.27
- Book value / share
- ₹794.41
- ROE
- 17.53%
- ROCE
- 17.14%
- ROA
- 4.23%
- Debt / equity
- 0.94x
- Dividend yield
- 0.96%
- EBITDA margin
- 14.06%
- 52-week range
- ₹3,288.65 – ₹4,440
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Larsen & Toubro Ltd (LT) reported revenue of ₹2,85,874 crore, net profit of ₹18,954 crore and earnings per share of ₹116.92. That compares with revenue of ₹2,55,734 crore and net profit of ₹17,673 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹82,762 crore and net profit ₹6,133 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,56,521 | 1,83,341 | 2,21,113 | 2,55,734 | 2,85,874 |
| Net profit (₹ cr) | 10,419 | 12,531 | 15,547 | 17,673 | 18,954 |
| EPS (₹) | 61.7 | 74.5 | 95 | 109.35 | 116.92 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 9.79% | 11.99% | 11.62% | 11.79% |
| Profit growth | 1.59% | 1.05% | -7.13% | 8.32% |
| Stock price CAGR | 14% | 18% | 15% | 8% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 0% of Larsen & Toubro Ltd (LT) (unchanged from the previous quarter), foreign institutional investors (FII) hold 19.13% and domestic institutional investors (DII) hold 43.02%. Market capitalisation was ₹5,42,938 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: L&T EMPLOYEES TRUST 14.57%, LIFE INSURANCE CORPORATION OF INDIA 12.41%, SBI MUTUAL FUND 4.69%, ICICI PRUDENTIAL MUTUAL FUND 3.58%, NPS TRUST A/C UTI PENSION FUND LIMITED 3.45%, HDFC MUTUAL FUND 2.14%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 0% | - | 19.13% | 43.02% | 100% |
| Mar 2026 | 0% | - | 18.78% | 43.33% | 100% |
| Dec 2025 | 0% | - | 20.06% | 42.99% | 100% |
| Sep 2025 | 0% | - | 19.48% | 43.35% | 100% |
| Jun 2025 | 0% | - | 19.33% | 43.48% | 100% |
| Mar 2025 | 0% | - | 19.8% | 42.71% | 100% |
| Dec 2024 | 0% | - | 20.83% | 41.71% | 100% |
| Sep 2024 | 0% | - | 21.71% | 40.58% | 100% |