Larsen & Toubro Limited Logo

Larsen & Toubro Limited

LT.NS

(2.5)
Stock Price

3.538,10 INR

4.25% ROA

14.76% ROE

31.22x PER

Market Cap.

4.857.014.676.000,00 INR

132.69% DER

0.79% Yield

5.85% NPM

Larsen & Toubro Limited Stock Analysis

Larsen & Toubro Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Larsen & Toubro Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (29.22%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

3 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

4 ROA

The stock's ROA (4.12%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 Revenue Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

6 Net Profit Growth

This company's net profit has consistently grown over the past three years, showcasing a positive financial trend and making it an appealing investment opportunity.

7 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (56.816) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 PBV

The stock's high Price-to-Book Value (P/BV) ratio (5.57x) suggests it's overvalued, potentially making it an expensive investment.

9 DER

The company has a high debt to equity ratio (156%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

10 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

11 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

Larsen & Toubro Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Larsen & Toubro Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Larsen & Toubro Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Larsen & Toubro Limited Revenue
Year Revenue Growth
2001 77.256.600.000
2002 93.601.200.000 17.46%
2003 95.613.300.000 2.1%
2004 144.213.400.000 33.7%
2005 164.183.100.000 12.16%
2006 203.478.500.000 19.31%
2007 291.985.000.000 30.31%
2008 401.870.000.000 27.34%
2009 435.135.800.000 7.64%
2010 515.520.300.000 15.59%
2011 643.131.100.000 19.84%
2012 739.257.200.000 13%
2013 844.192.000.000 12.43%
2014 895.139.000.000 5.69%
2015 1.012.907.600.000 11.63%
2016 1.076.359.400.000 5.9%
2017 1.179.081.200.000 8.71%
2018 1.391.380.800.000 15.26%
2019 1.443.080.500.000 3.58%
2020 1.344.767.500.000 -7.31%
2021 1.556.724.600.000 13.62%
2022 1.833.407.000.000 15.09%
2023 2.040.961.600.000 10.17%
2023 2.211.129.100.000 7.7%
2024 2.204.792.800.000 -0.29%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Larsen & Toubro Limited Research and Development Expenses
Year Research and Development Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 1.282.300.000 100%
2013 1.389.500.000 7.72%
2014 1.650.700.000 15.82%
2015 1.879.000.000 12.15%
2016 1.778.800.000 -5.63%
2017 2.068.000.000 13.98%
2018 9.330.700.000 77.84%
2019 17.592.400.000 46.96%
2020 21.994.400.000 20.01%
2021 30.538.100.000 27.98%
2022 39.204.000.000 22.1%
2023 0 0%
2023 1.874.300.000 100%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Larsen & Toubro Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 13.060.500.000
2002 14.126.600.000 7.55%
2003 9.292.200.000 -52.03%
2004 0 0%
2005 14.109.200.000 100%
2006 17.830.000.000 20.87%
2007 17.340.700.000 -2.82%
2008 26.668.200.000 34.98%
2009 22.780.700.000 -17.06%
2010 30.553.100.000 25.44%
2011 18.606.100.000 -64.21%
2012 6.526.000.000 -185.11%
2013 8.998.100.000 27.47%
2014 10.056.900.000 10.53%
2015 9.893.700.000 -1.65%
2016 9.102.100.000 -8.7%
2017 10.773.200.000 15.51%
2018 13.256.400.000 18.73%
2019 15.869.500.000 16.47%
2020 16.406.200.000 3.27%
2021 16.669.700.000 1.58%
2022 21.095.000.000 20.98%
2023 0 0%
2023 104.194.200.000 100%
2024 114.178.400.000 8.74%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Larsen & Toubro Limited EBITDA
Year EBITDA Growth
2001 32.660.300.000
2002 33.540.100.000 2.62%
2003 25.425.400.000 -31.92%
2004 13.368.400.000 -90.19%
2005 17.528.000.000 23.73%
2006 28.483.300.000 38.46%
2007 38.462.600.000 25.95%
2008 55.506.100.000 30.71%
2009 89.645.700.000 38.08%
2010 88.829.800.000 -0.92%
2011 99.758.000.000 10.95%
2012 104.784.800.000 4.8%
2013 113.930.800.000 8.03%
2014 104.772.200.000 -8.74%
2015 126.705.000.000 17.31%
2016 124.635.700.000 -1.66%
2017 183.782.300.000 32.18%
2018 195.336.300.000 5.91%
2019 200.618.400.000 2.63%
2020 211.941.400.000 5.34%
2021 245.690.500.000 13.74%
2022 236.824.500.000 -3.74%
2023 270.598.800.000 12.48%
2023 234.936.500.000 -15.18%
2024 224.611.600.000 -4.6%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Larsen & Toubro Limited Gross Profit
Year Gross Profit Growth
2001 77.256.600.000
2002 93.601.200.000 17.46%
2003 95.613.300.000 2.1%
2004 31.530.600.000 -203.24%
2005 38.952.400.000 19.05%
2006 56.760.300.000 31.37%
2007 72.191.500.000 21.38%
2008 99.741.600.000 27.62%
2009 112.574.200.000 11.4%
2010 140.111.400.000 19.65%
2011 170.160.700.000 17.66%
2012 213.967.700.000 20.47%
2013 251.536.700.000 14.94%
2014 263.014.400.000 4.36%
2015 309.558.000.000 15.04%
2016 302.958.800.000 -2.18%
2017 347.817.300.000 12.9%
2018 398.569.900.000 12.73%
2019 469.453.800.000 15.1%
2020 477.758.500.000 1.74%
2021 559.339.500.000 14.59%
2022 667.254.300.000 16.17%
2023 742.049.200.000 10.08%
2023 302.307.400.000 -145.46%
2024 298.873.200.000 -1.15%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Larsen & Toubro Limited Net Profit
Year Net Profit Growth
2001 3.468.000.000
2002 4.331.000.000 19.93%
2003 5.327.500.000 18.7%
2004 10.495.100.000 49.24%
2005 13.172.100.000 20.32%
2006 22.401.400.000 41.2%
2007 23.253.600.000 3.66%
2008 37.580.200.000 38.12%
2009 53.079.500.000 29.2%
2010 43.843.100.000 -21.07%
2011 47.284.500.000 7.28%
2012 52.056.700.000 9.17%
2013 49.020.000.000 -6.19%
2014 47.648.200.000 -2.88%
2015 50.905.300.000 6.4%
2016 60.412.300.000 15.74%
2017 73.698.600.000 18.03%
2018 89.051.300.000 17.24%
2019 95.490.300.000 6.74%
2020 115.829.300.000 17.56%
2021 86.693.300.000 -33.61%
2022 104.707.200.000 17.2%
2023 128.905.200.000 18.77%
2023 130.591.100.000 1.29%
2024 111.428.800.000 -17.2%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Larsen & Toubro Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 3
2002 8 57.14%
2003 7 -16.67%
2004 9 33.33%
2005 11 18.18%
2006 18 35.29%
2007 18 0%
2008 29 39.29%
2009 40 28.21%
2010 32 -21.88%
2011 34 5.88%
2012 38 8.11%
2013 35 -5.71%
2014 34 -2.94%
2015 30 -13.33%
2016 43 30.23%
2017 53 17.31%
2018 64 17.46%
2019 78 19.23%
2020 125 37.1%
2021 72 -74.65%
2022 86 17.44%
2023 92 5.49%
2023 94 2.15%
2024 94 1.06%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Larsen & Toubro Limited Free Cashflow
Year Free Cashflow Growth
2001 10.552.000.000
2002 10.710.100.000 1.48%
2003 2.394.800.000 -347.22%
2004 -637.400.000 475.71%
2005 -256.000.000 -148.98%
2006 -3.611.300.000 92.91%
2007 -51.983.600.000 93.05%
2008 -49.816.300.000 -4.35%
2009 -24.218.700.000 -105.69%
2010 -89.240.300.000 72.86%
2011 -136.431.100.000 34.59%
2012 -115.924.600.000 -17.69%
2013 -139.311.700.000 16.79%
2014 -75.980.600.000 -83.35%
2015 -84.930.100.000 10.54%
2016 32.561.400.000 360.83%
2017 -129.081.900.000 125.23%
2018 -89.994.600.000 -43.43%
2019 32.570.600.000 376.31%
2020 210.364.400.000 84.52%
2021 160.529.500.000 -31.04%
2022 186.331.700.000 13.85%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Larsen & Toubro Limited Operating Cashflow
Year Operating Cashflow Growth
2001 13.270.700.000
2002 11.673.800.000 -13.68%
2003 3.304.100.000 -253.31%
2004 3.532.400.000 6.46%
2005 10.617.300.000 66.73%
2006 23.278.300.000 54.39%
2007 -12.392.200.000 287.85%
2008 4.959.600.000 349.86%
2009 21.178.400.000 76.58%
2010 -15.867.400.000 233.47%
2011 -63.407.300.000 74.98%
2012 -37.601.400.000 -68.63%
2013 -69.633.200.000 46%
2014 -6.688.700.000 -941.06%
2015 -32.289.000.000 79.28%
2016 62.348.500.000 151.79%
2017 -100.310.200.000 162.16%
2018 -47.168.500.000 -112.66%
2019 66.938.800.000 170.47%
2020 228.441.400.000 70.7%
2021 191.635.800.000 -19.21%
2022 227.769.600.000 15.86%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Larsen & Toubro Limited Capital Expenditure
Year Capital Expenditure Growth
2001 2.718.700.000
2002 963.700.000 -182.11%
2003 909.300.000 -5.98%
2004 4.169.800.000 78.19%
2005 10.873.300.000 61.65%
2006 26.889.600.000 59.56%
2007 39.591.400.000 32.08%
2008 54.775.900.000 27.72%
2009 45.397.100.000 -20.66%
2010 73.372.900.000 38.13%
2011 73.023.800.000 -0.48%
2012 78.323.200.000 6.77%
2013 69.678.500.000 -12.41%
2014 69.291.900.000 -0.56%
2015 52.641.100.000 -31.63%
2016 29.787.100.000 -76.72%
2017 28.771.700.000 -3.53%
2018 42.826.100.000 32.82%
2019 34.368.200.000 -24.61%
2020 18.077.000.000 -90.12%
2021 31.106.300.000 41.89%
2022 41.437.900.000 24.93%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Larsen & Toubro Limited Equity
Year Equity Growth
2001 33.435.700.000
2002 35.625.800.000 6.15%
2003 27.750.400.000 -28.38%
2004 34.207.000.000 18.88%
2005 50.711.100.000 32.55%
2006 75.672.500.000 32.99%
2007 117.537.300.000 35.62%
2008 150.462.800.000 21.88%
2009 220.785.100.000 31.85%
2010 260.765.500.000 15.33%
2011 311.402.400.000 16.26%
2012 365.125.600.000 14.71%
2013 408.907.900.000 10.71%
2014 459.076.900.000 10.93%
2015 507.605.100.000 9.56%
2016 537.801.200.000 5.61%
2017 612.819.900.000 12.24%
2018 692.009.100.000 11.44%
2019 762.440.500.000 9.24%
2020 879.200.600.000 13.28%
2021 953.737.300.000 7.82%
2022 1.035.672.200.000 7.91%
2023 1.025.496.600.000 -0.99%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Larsen & Toubro Limited Assets
Year Assets Growth
2001 107.019.700.000
2002 115.240.600.000 7.13%
2003 89.523.300.000 -28.73%
2004 131.821.000.000 32.09%
2005 164.455.500.000 19.84%
2006 248.760.200.000 33.89%
2007 399.979.500.000 37.81%
2008 568.129.900.000 29.6%
2009 709.631.600.000 19.94%
2010 945.777.400.000 24.97%
2011 1.189.943.300.000 20.52%
2012 1.431.050.500.000 16.85%
2013 1.700.227.300.000 15.83%
2014 1.941.841.000.000 12.44%
2015 2.275.247.200.000 14.65%
2016 2.120.596.700.000 -7.29%
2017 2.450.533.500.000 13.46%
2018 2.791.340.700.000 12.21%
2019 3.081.401.300.000 9.41%
2020 3.112.737.100.000 1.01%
2021 3.200.489.200.000 2.74%
2022 3.303.523.100.000 3.12%
2023 3.396.272.400.000 2.73%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Larsen & Toubro Limited Liabilities
Year Liabilities Growth
2001 73.584.000.000
2002 79.614.800.000 7.57%
2003 61.772.900.000 -28.88%
2004 97.614.000.000 36.72%
2005 113.744.400.000 14.18%
2006 173.087.700.000 34.29%
2007 282.442.200.000 38.72%
2008 417.667.100.000 32.38%
2009 488.846.500.000 14.56%
2010 685.011.900.000 28.64%
2011 878.540.900.000 22.03%
2012 1.065.924.900.000 17.58%
2013 1.291.319.400.000 17.45%
2014 1.482.764.100.000 12.91%
2015 1.767.642.100.000 16.12%
2016 1.582.795.500.000 -11.68%
2017 1.837.713.600.000 13.87%
2018 2.099.331.600.000 12.46%
2019 2.318.960.800.000 9.47%
2020 2.233.536.500.000 -3.82%
2021 2.246.751.900.000 0.59%
2022 2.267.850.900.000 0.93%
2023 2.370.775.800.000 4.34%

Larsen & Toubro Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1935.24
Net Income per Share
113.15
Price to Earning Ratio
31.22x
Price To Sales Ratio
2.13x
POCF Ratio
78.31
PFCF Ratio
91.26
Price to Book Ratio
4.83
EV to Sales
2.57
EV Over EBITDA
22.38
EV to Operating CashFlow
110.23
EV to FreeCashFlow
110.23
Earnings Yield
0.03
FreeCashFlow Yield
0.01
Market Cap
4.857,01 Bil.
Enterprise Value
5.866,65 Bil.
Graham Number
1365.05
Graham NetNet
-1022.77

Income Statement Metrics

Net Income per Share
113.15
Income Quality
0.41
ROE
0.15
Return On Assets
0.04
Return On Capital Employed
0.14
Net Income per EBT
0.64
EBT Per Ebit
0.93
Ebit per Revenue
0.1
Effective Tax Rate
0.24

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.24
Operating Profit Margin
0.1
Pretax Profit Margin
0.09
Net Profit Margin
0.06

Dividends

Dividend Yield
0.01
Dividend Yield %
0.79
Payout Ratio
0
Dividend Per Share
28

Operating Metrics

Operating Cashflow per Share
45.11
Free CashFlow per Share
45.11
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.08
Return on Tangible Assets
0.04
Days Sales Outstanding
133.78
Days Payables Outstanding
111.42
Days of Inventory on Hand
13.84
Receivables Turnover
2.73
Payables Turnover
3.28
Inventory Turnover
26.37
Capex per Share
0

Balance Sheet

Cash per Share
426,42
Book Value per Share
869,09
Tangible Book Value per Share
654.4
Shareholders Equity per Share
731.88
Interest Debt per Share
1001.25
Debt to Equity
1.33
Debt to Assets
0.34
Net Debt to EBITDA
3.85
Current Ratio
1.23
Tangible Asset Value
772,16 Bil.
Net Current Asset Value
-200,03 Bil.
Invested Capital
842912400000
Working Capital
404,74 Bil.
Intangibles to Total Assets
0.07
Average Receivables
418,46 Bil.
Average Payables
266,46 Bil.
Average Inventory
33100949999.5
Debt to Market Cap
0.24

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Larsen & Toubro Limited Dividends
Year Dividends Growth
2004 13
2005 18 23.53%
2006 22 22.73%
2007 17 -29.41%
2008 15 -13.33%
2009 11 -50%
2010 13 16.67%
2011 15 14.29%
2012 17 12.5%
2013 12 -33.33%
2014 14 14.29%
2015 16 12.5%
2016 18 11.11%
2017 35 48.57%
2018 16 -118.75%
2019 18 11.11%
2020 36 50%
2021 18 -100%
2022 22 18.18%
2023 6 -266.67%
2024 28 78.57%

Larsen & Toubro Limited Profile

About Larsen & Toubro Limited

Larsen & Toubro Limited engages in engineering, construction, and manufacturing operations worldwide. The Infrastructure segment engineers and constructs building and factories, transportation infrastructure, heavy civil infrastructure, power transmission and distribution, water and effluent treatment, and metallurgical and material handling systems. The Hydrocarbon segment provides engineering, procurement, and construction solutions for the oil and gas industry. The Power segment offers turnkey solutions for coal-based and gas-based thermal power plants, including power generation equipment with associated systems and balance-of-plant packages. The Heavy Engineering segment manufactures and supplies custom designed, engineered critical equipment and systems to the fertilizer, refinery, petrochemical, chemical, oil and gas, and thermal and nuclear power industries. The Defence Engineering segment designs, develops, produces, and supports equipment, systems, and platforms for the defense and aerospace sectors. This segment also designs, constructs, and repairs/refits defense vessels. The Others segment engages in the realty, smart world, and communication businesses, including military communications; marketing and servicing of construction and mining machinery and parts; and manufacturing and sale of rubber processing machinery. This segment also operates digital platforms, such as SuFin for B2B e-commerce; and EduTech for higher education and professional skilling. The company was founded in 1938 and is headquartered in Mumbai, India.

CEO
Mr. Sekharipuram Narayanan Sub
Employee
54.303
Address
L&T House
Mumbai, 400001

Larsen & Toubro Limited Executives & BODs

Larsen & Toubro Limited Executives & BODs
# Name Age
1 Mr. Sumeet Chatterjee
Chief Communications Officer
70
2 Mr. Anil Vithal Parab
Senior EVice President of Heavy Engineering & L&T Valves and Whole-Time Director
70
3 Mr. Shrinath Rao
Senior Vice President & IC Head Transportation Infrastructure
70
4 Mr. S. Srinivasan
Vice President and Head of Power Transmission & Distribution
70
5 Mr. Sudhindra Vasantrao Desai
Senior EVice President of Civil Infrastructure & Whole-Time Director
70
6 Mr. Sekharipuram Narayanan Subrahmanyan
MD & Chairman
70
7 Mr. Ramamurthi Shankar Raman
President, Chief Financial Officer & Whole-Time Director
70
8 Mr. Azhakankumarath Sivaram Nair
Company Secretary & Compliance Officer
70
9 Mr. Subramanian Sarma
Whole-time Director & President of Energy
70
10 Mr. Tharayil Madhava Das B.Tech.
Senior EVice President of Utilities & Whole-Time Director
70

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