Why did Larsen & Toubro (LT) stock move recently?

On 9/7/2026, Larsen & Toubro moved +0.9% — Ended higher in a weak session, one of the few Nifty 50 advancers as investors rotated away from IT, metals and media. No company-specific catalyst was reported for the day. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Larsen & Toubro (LT) overvalued or fairly valued?

MarketChacha shows Larsen & Toubro's valuation in context — a forward P/E of about 20.5, a price-to-book of about 4.6 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Larsen & Toubro's revenue?

Larsen & Toubro reported revenue of ₹1,53,680 Cr for FY2026, with net profit of ₹6,287 Cr, per official filings.

What is the share price of Larsen & Toubro (LT)?

Larsen & Toubro last traded at ₹3,665.10 (-0.4% on the day), as of 10/27/2026 — a delayed quote shown for education, not investment advice.

Larsen & Toubro

LT · NSE · Infrastructure · India

Snapshot

TickerLT

ExchangeNSE

SectorInfrastructure

IndustryEngineering & Construction

CountryIndia

Employees55,662

HeadquartersMumbai, India

Websitewww.larsentoubro.com

Filings tracked25

About Larsen & Toubro

Larsen & Toubro Limited engages in engineering, procurement, and construction projects (EPC) in India and internationally. The company operates through four segments: Infrastructure Projects, Energy Projects, Hi-Tech Manufacturing, and Others. The Infrastructure Projects segment is involved in the engineering and construction of building and factories, transportation infrastructure, heavy civil infrastructure, power transmission & distribution, renewables, water and effluent treatment, and minerals and metals. The Energy Projects segment provides EPC solutions in clean energy space, oil & gas, refineries, petrochemicals & offshore wind energy sectors, from front-end design through detailed engineering, modular fabrication, procurement, project management, construction, installation and commissioning; CarbonLite solutions for power generation plants including power generation equipment with associated systems; and carbon capture utilization and utility packages. The Hi-Tech Manufacturing segment designs, manufactures/constructs, supplies, and revamps/retrofits custom designed engineered critical equipment and systems for the process plants, nuclear energy, and green hydrogen sectors; marine and land platforms, related equipment and systems, and aerospace products and systems; precision and electronics products and systems; and electrolysers. The other segment engages in realty; smart infrastructure and communication projects; construction equipment; and industrial product design development, including marketing and servicing of construction equipment, mining machinery and parts thereof, manufacture and sale of rubber processing machinery, and ecommerce/digital platforms and data centers. It has a strategic partnership with General Atomics Aeronautical Systems, Inc. to manufacture Medium Altitude Long Endurance (MALE) Remotely Piloted Aircraft Systems (RPAS) in India, for the Indian armed forces. The company was founded in 1938 and is headquartered in Mumbai, India.

Who owns it

Promoters14.8%
Institutions52.5%
Public & other32.7%

250 institutional holders

Ownership breakdown from public market data. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend5.7% → 5.6%

Margin has held broadly steady over the period — stable profitability.

Growth qualityrev 12% · PAT 11%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev ₹79,656 Cr

Next fiscal year

Rev ₹3,72,372 Cr · EPS 179.68

Est. earnings growth +21.6%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 5

Revenue (FY2026)

₹2,85,874 Cr

Net margin

5.6%

Revenue CAGR (3y)

+16.0%

Profit CAGR (3y)

+15.4%

Net profit (FY2026)

₹16,084 Cr

Ask MarketChacha about LT

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Sep 7, 2026
Ended higher in a weak session, one of the few Nifty 50 advancers as investors rotated away from IT, metals and media. No company-specific catalyst was reported for the day.
source 1 ↗source 2 ↗· confidence: medium
Aug 26, 2026
Larsen & Toubro closed lower along with other index heavyweights as investors booked profits following the previous session's sharp rally. It was among a cluster of Nifty names that fell between 1.5% and 2.14%.
source 1 ↗source 2 ↗· confidence: medium
Aug 5, 2026
Larsen & Toubro rose as industrial and capital-goods names saw buying interest during the session.
source 1 ↗· confidence: medium

Daily moves with the verified reason behind them. Education only — not investment advice.

On MarketChacha

Posts about LT

Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2026	₹2,85,874 Cr	₹16,084 Cr	5.6%
FY2025	₹2,55,734 Cr	₹15,037 Cr	5.9%
FY2024	₹2,21,113 Cr	₹13,059 Cr	5.9%
FY2023	₹1,83,341 Cr	₹10,471 Cr	5.7%

Quarterly

Period	Revenue	Net profit	Net margin
Q1 FY27	₹67,942 Cr	₹4,123 Cr	6.1%
Q4 FY26	₹82,762 Cr	₹5,326 Cr	6.4%
Q3 FY26	₹71,450 Cr	₹3,220 Cr	4.5%
Q2 FY26	₹67,984 Cr	₹3,926 Cr	5.8%
Q1 FY26	₹63,679 Cr	₹3,617 Cr	5.7%

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

Filings & announcements

2026

Press Release / Media Release
L&T Semiconductor Technologies Unveils 40 Products at SEMICON 2026 Marks a major milestone with its first silicon carbide chips
BSE9/18/2026
Allotment
Allotment of shares
BSE9/15/2026
Press Release / Media Release
L&T Becomes India''s First Private Sector Corporate to issue Tokenised Bond
BSE9/9/2026
Award_of_Order_Receipt_of_Order
L&T Wins Large* Offshore Order from ONGC
BSE9/9/2026material
Credit Rating
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Credit Ratings
BSE9/1/2026material
Scheme of Arrangement
Scheme of Arrangement between Larsen & Toubro Limited ("Transferor Company/L&T") and L&T Realty Properties Limited ("Transferee Company/LTRPL") and their respective shareholders and creditors ....
BSE9/1/2026
L&T Finance Ltd - 533519 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Please find enclosed intimation regarding captioned subject
BSE8/28/2026
Award_of_Order_Receipt_of_Order
L&T Renewables Business Wins (Major*) Order for Battery Energy Storage System in the Middle East
BSE8/25/2026material
Award_of_Order_Receipt_of_Order
L&T signs contract for an Ultra-Mega* gas compression project in the Middle East
BSE8/24/2026material
L&T Finance Ltd - 533519 - Announcement under Regulation 30 (LODR)-Allotment
Please find enclosed intimation regarding allotment of Non- Convertible Debentures on a private placement basis
BSE8/20/2026
Award_of_Order_Receipt_of_Order
L&T Wins (Large) Order for Automated People Mover System at Dubai''s AI Maktoum Airport
BSE8/20/2026material
Award_of_Order_Receipt_of_Order
L&T Secures Ultra-Mega* Order for Strategic Offshore Development Project in the Middle East
BSE8/17/2026material
Diversification / Disinvestment
Execution of Business Transfer Agreement with Vyoma.AI Limited (Vyoma), Wholly owned Subsidiary of the Company and execution of Share Purchase Agreement towards sale of entire stake held ....
BSE8/11/2026
Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (SEBI LODR) - ESG Credit Rating
ESG Credit Rating
BSE8/11/2026
L&T Finance Ltd - 533519 - Announcement under Regulation 30 (LODR)-Credit Rating
Please find enclosed intimation regarding ESG rating received from NSE Sustainability Ratings & Analytics Ltd.
BSE8/11/2026material
L&T Finance Ltd - 533519 - Appointment Of Whole-Time Directors Pursuant To Approval Received From Reserve Bank Of India.
Please find enclosed the intimation regarding appointment of Whole-time Directors pursuant to approval received from Reserve Bank of India.
BSE8/11/2026
Scheme of Arrangement
Summary of Proceedings, Voting Results and Scrutinizer''s report of the NCLT Convened meeting of Equity Shareholders of the Company held on August 4, 2026.
BSE8/4/2026
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
Summary of Proceedings, Voting Result and Scrutinizer''s report of the NCLT Convened meeting of Equity Shareholders of the Company held on August 4, 2026
BSE8/4/2026
Shareholder Meeting / Postal Ballot-Outcome of Court Convened Meeting
Summary of Proceedings, Voting Results and Scrutinizer''s report of the NCLT Convened meeting of Equity Shareholders of the Company held on August 4, 2026.
BSE8/4/2026
Award_of_Order_Receipt_of_Order
L&T Wins Ultra-Mega* Order from ADNOC Offshore
BSE8/4/2026material
Earnings Call Transcript
Transcript of Q1 / FY 27 Earnings Call
BSE8/3/2026
Press Release / Media Release
L&T Energy Hydrocarbon Onshore Signs Six-Year EPC Agreement with Petroleum Development Oman
BSE7/31/2026
Award_of_Order_Receipt_of_Order
L&T Energy CarbonLite Solutions Secures LNTP for Mega* Order of 1,600 MW Thermal Power Plant
BSE7/30/2026material
L&T Finance Ltd - 533519 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Please find enclosed intimation regarding the captioned subject
BSE7/29/2026
Award_of_Order_Receipt_of_Order
L&T Wins Major* Order from Kuwait Oil Company for Hydrocarbon Onshore Business
BSE7/29/2026material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.