Larsen & Toubro Ltd
NSE:LT
US |
Fubotv Inc
NYSE:FUBO
|
Media
|
|
US |
Bank of America Corp
NYSE:BAC
|
Banking
|
|
US |
Palantir Technologies Inc
NYSE:PLTR
|
Technology
|
|
US |
C
|
C3.ai Inc
NYSE:AI
|
Technology
|
US |
Uber Technologies Inc
NYSE:UBER
|
Road & Rail
|
|
CN |
NIO Inc
NYSE:NIO
|
Automobiles
|
|
US |
Fluor Corp
NYSE:FLR
|
Construction
|
|
US |
Jacobs Engineering Group Inc
NYSE:J
|
Professional Services
|
|
US |
TopBuild Corp
NYSE:BLD
|
Consumer products
|
|
US |
Abbott Laboratories
NYSE:ABT
|
Health Care
|
|
US |
Chevron Corp
NYSE:CVX
|
Energy
|
|
US |
Occidental Petroleum Corp
NYSE:OXY
|
Energy
|
|
US |
Matrix Service Co
NASDAQ:MTRX
|
Construction
|
|
US |
Automatic Data Processing Inc
NASDAQ:ADP
|
Technology
|
|
US |
Qualcomm Inc
NASDAQ:QCOM
|
Semiconductors
|
|
US |
Ambarella Inc
NASDAQ:AMBA
|
Semiconductors
|
Utilize notes to systematically review your investment decisions. By reflecting on past outcomes, you can discern effective strategies and identify those that underperformed. This continuous feedback loop enables you to adapt and refine your approach, optimizing for future success.
Each note serves as a learning point, offering insights into your decision-making processes. Over time, you'll accumulate a personalized database of knowledge, enhancing your ability to make informed decisions quickly and effectively.
With a comprehensive record of your investment history at your fingertips, you can compare current opportunities against past experiences. This not only bolsters your confidence but also ensures that each decision is grounded in a well-documented rationale.
Do you really want to delete this note?
This action cannot be undone.
52 Week Range |
3 045.65
3 897.15
|
Price Target |
|
We'll email you a reminder when the closing price reaches INR.
Choose the stock you wish to monitor with a price alert.
Fubotv Inc
NYSE:FUBO
|
US | |
Bank of America Corp
NYSE:BAC
|
US | |
Palantir Technologies Inc
NYSE:PLTR
|
US | |
C
|
C3.ai Inc
NYSE:AI
|
US |
Uber Technologies Inc
NYSE:UBER
|
US | |
NIO Inc
NYSE:NIO
|
CN | |
Fluor Corp
NYSE:FLR
|
US | |
Jacobs Engineering Group Inc
NYSE:J
|
US | |
TopBuild Corp
NYSE:BLD
|
US | |
Abbott Laboratories
NYSE:ABT
|
US | |
Chevron Corp
NYSE:CVX
|
US | |
Occidental Petroleum Corp
NYSE:OXY
|
US | |
Matrix Service Co
NASDAQ:MTRX
|
US | |
Automatic Data Processing Inc
NASDAQ:ADP
|
US | |
Qualcomm Inc
NASDAQ:QCOM
|
US | |
Ambarella Inc
NASDAQ:AMBA
|
US |
This alert will be permanently deleted.
Intrinsic Value
The intrinsic value of one LT stock under the Base Case scenario is 3 364.99 INR. Compared to the current market price of 3 603.5 INR, Larsen & Toubro Ltd is Overvalued by 7%.
The Intrinsic Value is calculated as the average of DCF and Relative values:
Valuation Backtest
Larsen & Toubro Ltd
Uncover deeper insights with the Valuation Backtest. Learn how current stock valuations stack up against historical averages to gauge true investment potential.
Start backtest now and learn if your stock is truly undervalued or overvalued!
Stock is trading at its lowest valuation over the past 5 years.
To access the results of this valuation backtest, please register an account with us. Registration is quick and gives you instant access to insights on 3 stocks per week for free.
The backtest for LT cannot be conducted due to limitations such as insufficient data or other constraints. Please select a different stock or adjust your settings.
Fundamental Analysis
Economic Moat
Larsen & Toubro Ltd
Select up to 3 indicators:
Select up to 3 indicators:
Months
Months
Months
Months
Select up to 2 periods:
Larsen & Toubro Ltd. (L&T) is a powerhouse in the Indian infrastructure and engineering sector, with a legacy that dates back to 1938. Founded by two Danish engineers, L&T has grown from humble beginnings into a global conglomerate, renowned for its robust capabilities in engineering, construction, and manufacturing across diverse sectors. The company excels in executing large-scale projects, including critical infrastructure development like roads, bridges, power plants, and urban infrastructure, positioning itself as a vital partner in India's economic growth story. With its unwavering commitment to quality and engineering excellence, L&T has established itself as a trusted name, boasting...
Larsen & Toubro Ltd. (L&T) is a powerhouse in the Indian infrastructure and engineering sector, with a legacy that dates back to 1938. Founded by two Danish engineers, L&T has grown from humble beginnings into a global conglomerate, renowned for its robust capabilities in engineering, construction, and manufacturing across diverse sectors. The company excels in executing large-scale projects, including critical infrastructure development like roads, bridges, power plants, and urban infrastructure, positioning itself as a vital partner in India's economic growth story. With its unwavering commitment to quality and engineering excellence, L&T has established itself as a trusted name, boasting prestigious projects both within India and on the international stage.
For investors, L&T represents a compelling opportunity within the evolving landscape of infrastructure investment, especially as governments worldwide prioritize sustainable development and improvement of public services. The company's diversified business model spans various segments such as defense, power generation, and IT services, which helps mitigate risk and enhances stability. L&T's significant focus on innovation and technology, coupled with strategic partnerships and a robust order book, illustrates its forward-looking approach. As the company continues to harness emerging trends in smart infrastructure and digitalization, it stands poised to capitalize on future growth, making it a noteworthy consideration for potential investors seeking long-term value in the engineering and construction domain.
Larsen & Toubro Ltd. (L&T) is a major Indian multinational conglomerate with diverse business interests. The company's core business segments can be broadly classified as follows:
-
Infrastructure: This segment is one of L&T's largest areas of operation, focusing on the design, execution, and maintenance of large infrastructure projects. It includes sectors such as transportation (roads, railways, and airports), urban infrastructure (metro systems, water supply, and sanitation), and greenfield projects.
-
Engineering & Construction (E&C): L&T's E&C segment specializes in conventional and renewable energy projects, including power plants, process plants, and various civil engineering services. This segment plays a crucial role in developing industrial, commercial, and residential projects.
-
Hydrocarbon: This segment encompasses oil and gas exploration, refining, petrochemicals, and related projects. L&T provides engineering, procurement, and construction services for upstream, midstream, and downstream operations in the hydrocarbon sector.
-
Defence and Aerospace: In this area, L&T focuses on manufacturing and supplying various defense products, systems, and services, which include artillery systems, aerospace components, and naval systems.
-
Power: This segment involves the development and management of power generation projects, including renewable energy projects such as solar and wind power. L&T is also engaged in the construction of transmission lines and substations.
-
Heavy Engineering: L&T manufactures and supplies heavy-duty equipment, pressure vessels, and systems for various industries, including aerospace, defense, and nuclear.
-
Information Technology (IT): Through its subsidiary, L&T Technology Services, the company provides a range of IT services, including digital and consulting services, to various sectors, enhancing its capability to leverage technology in its core businesses.
-
Financial Services: L&T also has a presence in the financial services sector, offering various financial products and services, including project financing, insurance, and investment banking.
These segments reflect L&T’s diversified operations and its commitment to engineering and technology-driven solutions across various industries. The company's strategy includes capitalizing on infrastructure development opportunities in India and abroad, focusing on sustainable and innovative practices.
Larsen & Toubro Ltd (L&T) possesses several unique competitive advantages that help it maintain a strong position in the engineering and construction industry. Here are some key advantages:
-
Diverse Portfolio: L&T operates across multiple sectors including infrastructure, construction, defense, and manufacturing. This diversification allows the company to mitigate risks associated with economic fluctuations in any single sector.
-
Strong Brand Reputation: With decades of experience, L&T has built a reputation for delivering quality and reliability. This strong brand equity enables the company to attract top-tier clients and secure large projects, often through repeat business.
-
Technical Expertise and Innovation: The company invests heavily in research and development, leading to innovative solutions and efficient project execution. Its engineering prowess is a significant competitive edge in complex projects that require specialized skills.
-
Robust Project Management: L&T's strong project management capabilities allow it to execute large-scale projects efficiently. The company's methodologies help in minimizing delays and cost overruns, making it an attractive choice for clients.
-
Financial Strength: L&T boasts a strong balance sheet with healthy cash flows. This financial strength provides the company with the ability to undertake large projects, invest in new technologies, and weather economic downturns better than many competitors.
-
Strategic Joint Ventures and Alliances: The company often enters into strategic partnerships and joint ventures that enhance its capabilities and market reach. These alliances allow it to leverage complementary strengths and access new markets.
-
Global Presence: L&T has a significant international footprint, particularly in the Middle East and Africa. This global presence not only diversifies its revenue streams but also provides opportunities for cross-border projects.
-
Strong Supply Chain and Manpower: The company has established a robust supply chain and a skilled workforce. This allows L&T to ensure timely procurement of materials and skilled labor, which are crucial for project success.
-
Environmental and Sustainable Practices: L&T focuses on sustainability and green practices, gaining an advantage in a market increasingly driven by environmental concerns. Its commitment to sustainable development can enhance reputation and attract environmentally conscious clients.
-
Government Relations: L&T has established strong relationships with government bodies, particularly in India. This results in better access to large public sector projects and infrastructure initiatives.
By leveraging these competitive advantages, L&T continues to strengthen its market position and drive growth, while effectively navigating industry challenges.
Larsen & Toubro Ltd (L&T), a major Indian multinational engaged in technology, engineering, construction, manufacturing, and financial services, faces a number of risks and challenges in the near future. Here are some key considerations:
-
Economic Uncertainty: Global and domestic economic fluctuations can significantly impact L&T's operations. Economic downturns can lead to reduced government and private sector spending on infrastructure projects.
-
Competition: The construction and engineering industry is highly competitive. L&T faces competition from both domestic and international players, which could pressure margins and market share.
-
Regulatory Risks: Changes in government policies, particularly those related to infrastructure spending, foreign direct investment (FDI) in construction, and environmental regulations, could affect L&T’s project bids and execution.
-
Raw Material Price Volatility: Fluctuations in the cost of raw materials like steel, cement, and other inputs can impact project costs and timelines. A sustained increase in material prices could compress margins.
-
Project Execution Risks: Delays in project execution due to logistical challenges, labor issues, or unforeseen circumstances can lead to cost overruns and affect profitability. This is particularly pertinent in large-scale infrastructure projects.
-
Technological Evolution: The rapid pace of technological advancements necessitates continual investment in new technologies and processes. Failure to adapt could lead to obsolescence or reduced competitiveness.
-
Geopolitical Risks: L&T has a presence in various international markets. Geopolitical tensions, including trade disputes or political instability in foreign countries, could impact its global operations.
-
Debt Levels: Managing debt levels is critical for maintaining financial health. Increased leverage can lead to higher interest payments and financial strain, especially during downturns.
-
Labor Issues: Availability of skilled labor and labor unrest can affect project execution and timelines. The industry often faces challenges related to workforce management.
-
Sustainability and Environmental Concerns: Increasing emphasis on sustainability and environmental sustainability can lead to additional compliance costs and changes in operational practices. Failure to meet these standards could result in reputational damage.
-
COVID-19 and Other Health Crises: Ongoing impacts from health crises can affect labor availability and project timelines. Future disruptions, whether from COVID-19 or other health issues, remain a risk.
By navigating these challenges carefully and leveraging its strengths, L&T can continue to position itself as a formidable player in the engineering and construction space. However, it will require strategic foresight and adaptability to mitigate these risks effectively.
Revenue & Expenses Breakdown
Larsen & Toubro Ltd
Balance Sheet Decomposition
Larsen & Toubro Ltd
Current Assets | 2.3T |
Cash & Short-Term Investments | 602.2B |
Receivables | 870.9B |
Other Current Assets | 817.6B |
Non-Current Assets | 1.3T |
Long-Term Investments | 137.7B |
PP&E | 187.6B |
Intangibles | 251.7B |
Other Non-Current Assets | 698.3B |
Current Liabilities | 2T |
Accounts Payable | 515.6B |
Short-Term Debt | 384.3B |
Other Current Liabilities | 1.1T |
Non-Current Liabilities | 720.5B |
Long-Term Debt | 529.6B |
Other Non-Current Liabilities | 191B |
Earnings Waterfall
Larsen & Toubro Ltd
Revenue
|
2.4T
INR
|
Cost of Revenue
|
-1.6T
INR
|
Gross Profit
|
795.5B
INR
|
Operating Expenses
|
-585.4B
INR
|
Operating Income
|
210.1B
INR
|
Other Expenses
|
-74.8B
INR
|
Net Income
|
135.2B
INR
|
Free Cash Flow Analysis
Larsen & Toubro Ltd
INR | |
Free Cash Flow | INR |
Larsen & Toubro achieved robust performance in Q2 FY '25, with revenues climbing to INR 616 billion, reflecting a 21% year-over-year growth. The Projects & Manufacturing segment saw a substantial 28% rise, while international revenues made up 52% of total. Despite a slight decrease in EBITDA margin to 10.3%, net profit after tax rose 5% to INR 34 billion. Looking ahead, L&T anticipates order inflows to increase by 10% and revenue growth to reach 15%, while maintaining margins around 8.2% for the Projects & Manufacturing segment. Their order book has strengthened to INR 5 trillion, driven by significant investments in infrastructure and energy projects.
What is Earnings Call?
LT Profitability Score
Profitability Due Diligence
Larsen & Toubro Ltd's profitability score is 56/100. The higher the profitability score, the more profitable the company is.
Score
Larsen & Toubro Ltd's profitability score is 56/100. The higher the profitability score, the more profitable the company is.
LT Solvency Score
Solvency Due Diligence
Larsen & Toubro Ltd's solvency score is 45/100. The higher the solvency score, the more solvent the company is.
Score
Larsen & Toubro Ltd's solvency score is 45/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
LT Price Targets Summary
Larsen & Toubro Ltd
According to Wall Street analysts, the average 1-year price target for LT is 4 071.71 INR with a low forecast of 2 975.46 INR and a high forecast of 4 642.05 INR.
Dividends
Current shareholder yield for LT is .
Shareholder yield represents the total return a company provides to its shareholders, calculated as the sum of dividend yield, buyback yield, and debt paydown yield. What is shareholder yield?
Profile
Country
Industry
Market Cap
Dividend Yield
Description
Larsen & Toubro Ltd. is an investment holding company, which engages in technology, engineering, construction, manufacturing, and financial activities. The company is headquartered in Mumbai, Maharashtra and currently employs 40,253 full-time employees. The Company’s segments include Infrastructure, Power, Heavy Engineering and Defense Engineering. The Infrastructure segment is engaged in engineering and construction of buildings and factories, transportation infrastructure and heavy civil infrastructure. The Power segment offers solutions for coal-based and gas-based thermal power plants. The Heavy Engineering segment manufactures and supplies custom-designed, engineered critical equipment and systems. The Defense Engineering segment is engaged in designing, development, serial production and supporting of equipment, systems and platforms for defense and aerospace sectors. The company also includes communication projects, hydrocarbon, marketing and servicing of construction and mining machinery and parts, and manufacture and sale of rubber processing machinery.
Contact
IPO
Employees
Officers
The intrinsic value of one LT stock under the Base Case scenario is 3 364.99 INR.
Compared to the current market price of 3 603.5 INR, Larsen & Toubro Ltd is Overvalued by 7%.