Larsen & Toubro shares trade marginally higher in early session
Shares of Larsen & Toubro were trading at Rs 3,601.80 in Tuesday's early session, up by 0.09% from the previous close at 9:20 am. The stock is a constituent of the Nifty 50 index.
Financial Performance:
Consolidated Quarterly Results:
The company's consolidated quarterly revenue has shown consistent growth. The revenue for the quarter-ending June 2025 stood at Rs 63,678.92 Crore, compared to Rs 55,119.82 Crore in June 2024. Net profit for the same period was Rs 4,325.57 Crore, up from Rs 3,440.11 Crore.
The earnings per share (EPS) for June 2025 was Rs 26.30, compared to Rs 20.26 in June 2024.
HeadingJun 2024Sep 2024Dec 2024Mar 2025
Jun 2025RevenueRs 55,119.82 CroreRs 61,554.58 CroreRs 64,667.78 CroreRs 74,392.28 Crore
Rs 63,678.92 CroreNet ProfitRs 3,440.11 CroreRs 4,112.81 CroreRs 4,001.03 CroreRs 6,133.44 Crore
Rs 4,325.57 CroreEPS20.2624.6924.4339.98
26.30
Consolidated Yearly Results:
The company's consolidated yearly revenue has also seen growth. The revenue for the year-ending March 2025 stood at Rs 255,734.45 Crore, compared to Rs 221,112.91 Crore in March 2024. The net profit for the same period was Rs 17,687.39 Crore, up from Rs 15,569.72 Crore.
The earnings per share (EPS) for March 2025 was Rs 109.36, compared to Rs 93.96 in March 2024. The book value per share (BVPS) has decreased to Rs 710.12 in March 2025 compared to Rs 746.01 in March 2024. The return on equity (ROE) increased to 15.39% in March 2025 compared to 15.12% in March 2024. The debt-to-equity ratio remained stable at 1.33.
Heading2021202220232024
2025RevenueRs 135,979.03 CroreRs 156,521.23 CroreRs 183,340.70 CroreRs 221,112.91 Crore
Rs 255,734.45 CroreNet ProfitRs 4,668.96 CroreRs 10,291.05 CroreRs 12,624.87 CroreRs 15,569.72 Crore
Rs 17,687.39 CroreEPS82.4961.7174.5193.96
109.36BVPS625.97678.79736.87746.01
710.12ROE15.2610.5211.7215.12
15.39Debt to Equity1.731.501.331.32
1.33
Consolidated Yearly Income Statement:
Mar 2025Mar 2024Mar 2023Mar 2022
Mar 2021Sales255,734221,112183,340156,521
135,979Other Income4,1244,1582,9292,267
3,429Total Income259,859225,270186,269158,788
139,408Total Expenditure232,946201,207165,953141,154
126,815EBIT26,91324,06220,31617,633
12,593Interest3,3343,5453,2073,125
3,913Tax5,8914,9474,4844,216
4,010Net Profit17,68715,56912,62410,291
4,668
Consolidated Quarterly Income Statement:
Jun 2025Mar 2025Dec 2024Sep 2024
Jun 2024Sales63,67874,39264,66761,554
55,119Other Income1,3561,1359671,101
920Total Income65,03575,52765,63562,655
56,040Total Expenditure58,39466,76759,45956,216
50,502EBIT6,6418,7596,1756,439
5,538Interest781745842884
861Tax1,5331,8801,3321,442
1,236Net Profit4,3256,1334,0014,112
3,440
Consolidated Cash Flow:
Mar 2025Mar 2024Mar 2023Mar 2022
Mar 2021Operating Activities9,16018,26622,77619,163
22,844Investing Activities-15,5172,163-8,311-3,667
-5,428Financing Activities6,556-25,413-11,572-15,181
-15,274Others281526382
0Net Cash Flow228-4,9683,156396
2,140
Consolidated Balance Sheet:
Mar 2025Mar 2024Mar 2023Mar 2022
Mar 2021Share Capital275274281496
1,404Reserves & Surplus97,38085,53388,57781,755
75,204Current Liabilities201,970176,600162,065159,433
137,408Other Liabilities79,89777,21779,42778,363
97,257Total Liabilities379,524339,627330,352320,048
311,273Fixed Assets38,29538,20737,90736,509
36,752Current Assets245,341218,079222,204208,181
194,966Other Assets95,88683,33970,24075,358
79,554Total Assets379,524339,627330,352320,048
311,273Contingent Liabilities28,08621,24619,62023,020
21,540
Financial Ratios:
Mar 2025Mar 2024Mar 2023Mar 2022
Mar 2021Basic EPS (Rs.)109.3693.9674.5161.71
82.49Diluted Eps (Rs.)109.2893.8874.4561.65
82.41Book Value /Share (Rs.)710.12746.01736.87678.79
625.97Dividend/Share (Rs.)34.0034.0024.0022.00
36.00Face Value2222
2Gross Profit Margin (%)11.9412.5012.9113.08
14.01Operating Margin (%)10.3310.8411.0011.20
11.87Net Profit Margin (%)6.917.046.886.57
9.49Return on Networth (%)15.3915.1211.7210.52
15.26ROCE (%)14.8914.7011.9910.91
9.28Return On Assets (%)3.963.843.162.70
3.72Current Ratio (X)1.211.231.371.31
1.42Quick Ratio (X)1.181.201.331.27
1.38Debt to Equity (x)1.331.321.331.50
1.73Interest Coverage (X)9.177.807.386.55
4.13Asset Turnover Ratio (%)0.710.660.450.42
43.68Inventory Turnover (X)3.872.892.812.81
23.363 Yr CAGR Sales (%)27.8227.5212.277.59
6.593 Yr CAGR Net Profit (%)31.1082.6111.433.17
-25.62P/E (x)31.9340.0629.0528.64
17.20P/B (x)4.926.013.413.01
2.63EV/EBITDA (x)19.7822.9217.5017.86
17.20P/S (x)1.882.351.661.59
1.47
Larsen & Toubro announced the publication of newspaper advertisements as per Regulation 30 (LODR) on September 1, 2025. Earlier, on August 13, 2025, the company informed the exchange regarding a press release about L&T Energy GreenTech partnering with Japan's ITOCHU for a Green Ammonia Project.
The company announced a final dividend of Rs 34 per share on May 8, 2025, with an effective date of June 3, 2025. The company has also announced bonus issues in the past, including a 1:2 bonus on July 13, 2017.With the stock's last traded price at Rs 3,601.80, Larsen & Toubro shares are trading marginally higher in the early session.