NSE: LT | BSE: 500510

Strong Performer, Getting Expensive

Download real time

4325.90 46.10 (1.08%)

New 52W High today

2.1M NSE+BSE Volume

NSE 18 Feb, 2026 3:31 PM (IST)

608,506.1

Market Cap

Market Leader

Beta 1Year

High Volatility

Partnership

Larsen & Toubro partners with NVIDIA to develop GW-scalable AI factory infra in its data centres See details

Larsen & Toubro Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for LT, BSE:500510 Larsen & Toubro Ltd.

Search Inside the pdf :

Larsen & Toubro Ltd.

01 Feb 2026

4325.90

1.08%

LARSEN AND TOUBRO LIMITED

Buy: Larsen & Toubro Ltd.

Target

Geojit BNP Paribas

L&T's financial performance reflects steady execution momentum, driven by its diversified business portfolio and enhanced operational efficiency. The management noted consistent progress in Infrastructure, Energy, and IT & Technology Services fuelled growth, while a focus on execution efficiency and project mix enabled sustained profitability. The management also stated it expects double-digit revenue growth, supported by a robust order book, a promising prospects pipeline, and an expected increase in execution as project activity returns to normal. Furthermore, the completion of legacy projects and a rising contribution from higher-quality and...

L&T has gained 34.27% in the last 1 Year

Larsen & Toubro Ltd.

29 Jan 2026

4325.90

1.08%

Execution pace was weak, eyeing improvement from 4QFY26

Buy: Larsen & Toubro Ltd.

Target

Motilal Oswal

LT’s consolidated 3QFY26 earnings were slightly below our estimates due to weakerthan-expected execution for core E&C. Revenue growth for core E&C, which has remained weak for the last two quarters, is expected to ramp up from 4QFY26.

Number of FII/FPI investors increased from 1079 to 1143 in Dec 2025 qtr.

Larsen & Toubro Ltd.

29 Jan 2026

4325.90

1.08%

Larsen & Toubro

Buy: Larsen & Toubro Ltd.

Target

ICICI Direct

Q3FY26 Performance: L&T reported consolidated revenues of 71,450 crore in Q3FY26, up 10% YoY, driven by steady execution across Infrastructure and Energy Projects. Order inflows stood at 135,581 crore, growing 17% YoY, with international orders contributing 49%. The consolidated order book rose 30% YoY to 7.33 lakh crore. Recurring PAT for the quarter increased 31% YoY to 4,406 crore, while EBITDA grew 19% YoY to 7,417 crore with margins improving to 10.4%. Reported PAT stood at 3,215 crore (down by 4% YoY), impacted by a onetime exceptional provision of 1,191 crore related to new labour codes. Segmentally, Infrastructure Projects saw order inflows of 61,876 crore (+26% YoY) with EBITDA margins improving to 6.1% from 5.5% on better operational efficiency. Energy Projects reported order...

Number of FII/FPI investors increased from 1079 to 1143 in Dec 2025 qtr.

Larsen & Toubro Ltd.

19 Nov 2025

4325.90

1.08%

CMD meeting takeaways

Buy: Larsen & Toubro Ltd.

Target

Motilal Oswal

We recently interacted with Mr. S. N. Subrahmanyan, Chairman and MD of Larsen & Toubro (LT), to get insights into the company’s long-term growth strategy for domestic and international geographies, capital allocation and future focus areas.

Number of FII/FPI investors increased from 1079 to 1143 in Dec 2025 qtr.

Larsen & Toubro Ltd.

13 Nov 2025

4325.90

1.08%

LARSEN AND TOUBRO LIMITED

Buy: Larsen & Toubro Ltd.

Target

Geojit BNP Paribas

L&T's performance in Q2FY26 was robust, with strong growth in order inflow and revenue increase in all segments, except for infrastructure projects. The company anticipates healthy revenue growth and a significant increase in order inflow, indicating a promising performance in the future. Furthermore, its healthy order book is expected to drive strong performance in the upcoming quarters. The government's continued investment in infrastructure and the manufacturing sector is likely to provide substantial growth opportunities for the company, bolstering its prospects for sustained success. Recent strategic MOUs and partnerships in the...

Geojit BNP Paribas increased Buy price target of Larsen & Toubro Ltd. to 4560.0 on 01 Feb, 2026.

Larsen & Toubro Ltd.

30 Oct 2025

4325.90

1.08%

Larsen & Toubro

Buy: Larsen & Toubro Ltd.

Target

ICICI Direct

Q2FY26 performance: L&T secured robust order inflows (OI) of 115784 crore up 45% YoY and up 23% QoQ, led by energy business which formed 35% of OI. The current order backlog (OB) stands at 667,047 crore up 31% YoY (49% international). Strong execution in the Energy Projects and Hi-tech manufacturing (revenues up 48% and 34% YoY) led to consolidated revenue growing by 10% YoY to 67984 crore for Q2FY26. Consolidated EBITDA grew 10% YoY to 6806 crore and EBITDA Margins came in at 10% down 30 bps YoY due to margin compression in IT & TS segment and energy projects. Consequently, PAT came in at 3926 crore up 16% YoY. On strong customer collection, the NWC ratio to sales improved significantly (200...

Larsen & Toubro Ltd. is trading above all available SMAs

Larsen & Toubro Ltd.

30 Oct 2025

4325.90

1.08%

Larsen & Toubro (LT IN) Q2FY26 Result Update ...

Buy: Larsen & Toubro Ltd.

Target

Prabhudas Lilladhar

Geojit BNP Paribas increased Buy price target of Larsen & Toubro Ltd. to 4560.0 on 01 Feb, 2026.

Larsen & Toubro Ltd.

24 Sep 2025

4325.90

1.08%

Execution momentum to continue

Buy: Larsen & Toubro Ltd.

Target

Motilal Oswal

Our recent meeting with LT reinforces our thesis that execution growth will remain strong for the company over the next few years, driven by a strong order book. The company is selectively eyeing projects from domestic markets and expects international ordering to keep supporting growth.

Number of FII/FPI investors increased from 1079 to 1143 in Dec 2025 qtr.

Larsen & Toubro Ltd.

21 Aug 2025

4325.90

1.08%

LARSEN AND TOUBRO LIMITED

Buy: Larsen & Toubro Ltd.

Target

Geojit BNP Paribas

L&T delivered a strong performance in the quarter, with revenue growth across all segments except for the Development Projects segment, accompanied by a robust *over or under performance to benchmark index increase in order inflow and a rise in profit. The company's outlook appears positive, driven by a growing project pipeline for the remaining nine months. Furthermore, L&T expects to achieve revenue growth of 15% and order inflow growth of 10% in FY26, indicating a promising performance in the upcoming quarters. A stable macroeconomic environment, strong government capital expenditure, and digital...

Larsen & Toubro Ltd. has an average target of 4642.33 from 6 brokers.

Larsen & Toubro Ltd.

30 Jul 2025

4325.90

1.08%

A perfect start to the year

Buy: Larsen & Toubro Ltd.

Target

ICICI Securities Limited

Larsen & Toubro (L&T) continues to beat order inflow (OI) expectations. It secured INR 766bn worth of orders in its core businesses (ex-services), up 40% YoY – aided by the energy (3.5x YoY; 41% of OI) and infrastructure (+2% YoY; 53% QoQ) segments.

Number of FII/FPI investors increased from 1079 to 1143 in Dec 2025 qtr.

Is Larsen & Toubro Ltd. worth buying?

2143 Votes:

Buy 79.0%

Sell 9.29%

Hold 11.71%

RESEARCH REPORTS

Buy SEE REPORTS >

pdf

Buy SEE REPORTS >

pdf