Larsen & Toubro Ltd.
NSE: LTLarsen & Toubro Ltd.: A 30-second snapshot
Larsen & Toubro trades at Rs 4,080, up 13.54% over the past year and 4.55% over three months, sitting 7.21% below its 52-week high and above both its 50-day (Rs 3,992) and 200-day (Rs 3,949) moving averages. Q1 net profit rose 14% YoY to Rs 4,123 crore on higher order inflows, and the stock drew a run of new order wins -- including a mega ADNOC Offshore contract and metals/minerals orders worth up to Rs 15,000 crore -- across late July and early August. Trailing PE of 33.54 (forward 22.40) is the cheapest among six tracked Infrastructure peers, though its quality score of 35 ranks last in that same group.
P/E
33.5
Forward P/E
22.4
ROE
—
Debt / Equity
97.64
Profit Margin
+5.6%
Div. Yield
+0.9%
5Y ROE > 15%
2/5
5Y FCF > 0
4/5
Quality
65/100
News
8 headlines · 5 positive · 0 negative
L&T Wins Ultra-Mega* Order from ADNOC Offshore - Larsen & Toubro
Larsen & Toubro
L&T arm secures limited notice to proceed for "mega" order of 1,600 MW thermal power plant - CNBC TV18
CNBC TV18
Larsen & Toubro Posts 14% Rise in Q1 Profit to Rs 4,123 Cr on Higher Order Inflow - HDFC Sky
HDFC Sky
L&T Shares Rally Over 3% As Q1 Profit Jumps 14% To Rs 4,123 Crore - NDTV Profit
NDTV Profit
L&T's metals and minerals vertical wins 'mega' orders worth up to ₹15,000 crore; Stock volatile - CNBC TV18
CNBC TV18
Recent context
- ·L&T won an 'Ultra-Mega' order from ADNOC Offshore, reported August 4, 2026.
- ·An L&T arm secured a limited notice to proceed for a 1,600 MW thermal power plant order, reported July 30, 2026.
- ·Q1 profit rose 14% YoY to Rs 4,123 crore on higher order inflows (reported July 29, 2026, with shares rallying over 3% on the print); separately, L&T's metals and minerals vertical booked 'mega' orders worth up to Rs 15,000 crore (reported July 20, 2026), with coverage at the time noting the stock traded volatile.
Strengths
- +Q1 profit grew 14% YoY to Rs 4,123 crore on higher order inflows, alongside a string of large order wins reported in late July/early August -- an 'Ultra-Mega' ADNOC Offshore order, a 1,600 MW thermal power plant order, and metals/minerals orders worth up to Rs 15,000 crore.
- +News sentiment across the 8 most recent tracked headlines is uniformly non-negative (5 positive, 3 neutral, 0 negative).
- +Trades above both its 50-day (Rs 3,992.09) and 200-day (Rs 3,948.99) moving averages, with RSI at 63.72 (neutral, not overbought).
- +Trailing PE of 33.54 (forward PE 22.40) is the lowest of 6 tracked Infrastructure peers (ABB 101.53, CG Power 111.38, Cummins India 62.88, Siemens Energy India/ENRIN 85.38, BEL 48.26); mean analyst rating of 1.68 across 30 analysts on a 1-5 scale where lower is more constructive.
Weaknesses
- −Quality score of 35 ranks last (6th of 6) among tracked Infrastructure peers.
- −ROE exceeded 15% in only 2 of the last 5 measured years (consistency score 73/100), and trailing net profit margin is thin at 5.59%.
- −Debt-to-equity of approximately 0.98x has held on a flat trend over the tracked period.
- −Sector peer set lacks 1-year price-change data for all 5 peers and ROE data for 4 of 5, limiting cross-peer comparison beyond PE and quality score; LT's own current-period ROE is also null in this snapshot.
Open questions
- ?Does the gap between L&T's last-place quality score (35) among Infrastructure peers and its first-place (cheapest) PE ranking reflect a structural discount or a temporary effect of the recent order-flow news?
- ?What explains ROE staying below 15% in 3 of the last 5 years even as 5-year earnings growth is reported at 14%?
- ?How much of the recent order-win momentum (ADNOC, thermal power, metals/minerals) is likely to convert to near-term revenue recognition versus sit in the order book?
- ?With debt-to-equity flat at roughly 0.98x, how does the mix between the core E&C business and financial-services subsidiaries affect how this leverage figure should be interpreted?
Peer comparison: Infrastructure
Ranks 6 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| LT | Larsen & Toubro Ltd.You're viewing | 33.5 | — | 35 |
| Industry avg | across 5 peers | 81.9 | +19.1% | 50 |
| ENRIN | Siemens Energy India Ltd. | 85.4 | — | 57 |
| ABB | ABB India Ltd. | 101.5 | +19.1% | 53 |
| BEL | Bharat Electronics Ltd. | 48.3 | — | 50 |
| CUMMINSIND | Cummins India Ltd. | 62.9 | — | 50 |
| CGPOWER | CG Power and Industrial Solutions Ltd. | 111.4 | — | 38 |
Technical state
Current price
₹4,080.00
SMA 50
₹3,992.09
SMA 200
₹3,948.99
RSI (14)
63.7 (neutral)
From 52w high
-7.2%
1Y return
+13.5%
3M return
+4.5%
50-DMA
Above
200-DMA
Above
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- mediumROE exceeded 15% in only 2 of the last 5 measured years (consistency score 73/100) and trailing net profit margin is thin at 5.59%; debt-to-equity is approximately 0.98x on a flat multi-year trend (the raw reported figure of 97.64 is percent-scaled, not an x-multiple).
- mediumQuality score of 35 ranks last (6th of 6) among tracked Infrastructure peers -- Siemens Energy India/ENRIN (57), ABB India (53), BEL and Cummins India (50 each), and CG Power (38) all score higher -- even as trailing PE of 33.54 ranks 1st (cheapest) of the same peer set.
- lowSector peer set is missing 1-year price-change data for all 5 tracked peers and ROE data for 4 of 5 (only ABB India populated, at 19.13%); LT's own current-period ROE is also null in this snapshot, though historical persistence metrics (roeYearsAbove15=2/5, consistencyScore=73) are available.
Cross-section contradictions
- Quality score of 35 sits last among tracked Infrastructure peers and ROE topped 15% in only 2 of the last 5 years, yet the stock trades just 7.21% below its 52-week high, up 13.54% over the past year and above both its 50- and 200-day SMAs, with Q1 net profit up 14% YoY to Rs 4,123 crore on higher order inflows.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 11 Aug 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 11 Aug 2026 · rotates through NIFTY 500 every ~5 days