Larsen & Toubro Limited (L&T) is a prominent Indian multinational engaged in technology, engineering, construction, manufacturing, and financial services. As of January 10, 2025, its stock price on the National Stock Exchange of India (NSE: LT) was ₹3,536.15, with a 52-week range between ₹3,175.05 and ₹3,963.50.
In recent trading sessions, L&T's stock has exhibited mixed performance. On January 15, 2025, the stock rose by 1.03% to ₹3,501.15, outperforming the BSE SENSEX Index, which increased by 0.29% to 76,724.08. However, it remained below its 52-week high of ₹3,963.00, set on December 10, 2024
Profitability:
1) Revenue Growth: In the fiscal year ending March 31, 2024, L&T reported consolidated revenues of ₹221,113 crore, marking a 21% year-over-year increase.
2) Net Profit: The company achieved a consolidated profit after tax (PAT) of ₹13,059 crore for the same period, reflecting a 25% growth compared to the previous year.
3) EBITDA Margins: L&T's EBITDA margins vary across its business segments. For instance, the Energy Projects segment reported an EBITDA margin of 10.0% for the year ended March 31, 2024, an improvement from 9.1% in the previous year.
L&T INDIA | LARSEN & TOUBRO
Financial Health:
1)Order Inflow: The company secured orders worth ₹302,812 crore during the year ended March 31, 2024, registering a robust year-over-year growth of 31%.
2)Debt Levels: As of March 31, 2024, L&T's total debt stood at ₹1,05,000 crore, with a debt-to-equity ratio of 1.5, indicating a moderate level of leverage.
3) Credit Rating: Fitch Ratings has acknowledged L&T's steady margins, supported by adequate risk management and diversification into stable sectors.
Recent Developments:
In October 2024, L&T reported a 5% rise in its second-quarter profit, reaching ₹33.95 billion, driven by the faster execution of previously commissioned projects.
The company maintained its full-year order growth forecast, reflecting confidence in its business outlook.
Overall, L&T demonstrates strong profitability and maintains a healthy financial position, supported by consistent revenue growth, effective cost management, and a robust order book. However, it's essential to consider market dynamics and sector-specific challenges when evaluating the company's future performance.
In recent trading sessions, L&T's stock has exhibited mixed performance. On January 15, 2025, the stock rose by 1.03% to ₹3,501.15, outperforming the BSE SENSEX Index, which increased by 0.29% to 76,724.08. However, it remained below its 52-week high of ₹3,963.00, set on December 10, 2024
Profitability:
1) Revenue Growth: In the fiscal year ending March 31, 2024, L&T reported consolidated revenues of ₹221,113 crore, marking a 21% year-over-year increase.
2) Net Profit: The company achieved a consolidated profit after tax (PAT) of ₹13,059 crore for the same period, reflecting a 25% growth compared to the previous year.
3) EBITDA Margins: L&T's EBITDA margins vary across its business segments. For instance, the Energy Projects segment reported an EBITDA margin of 10.0% for the year ended March 31, 2024, an improvement from 9.1% in the previous year.
L&T INDIA | LARSEN & TOUBRO
Financial Health:
1)Order Inflow: The company secured orders worth ₹302,812 crore during the year ended March 31, 2024, registering a robust year-over-year growth of 31%.
2)Debt Levels: As of March 31, 2024, L&T's total debt stood at ₹1,05,000 crore, with a debt-to-equity ratio of 1.5, indicating a moderate level of leverage.
3) Credit Rating: Fitch Ratings has acknowledged L&T's steady margins, supported by adequate risk management and diversification into stable sectors.
Recent Developments:
In October 2024, L&T reported a 5% rise in its second-quarter profit, reaching ₹33.95 billion, driven by the faster execution of previously commissioned projects.
The company maintained its full-year order growth forecast, reflecting confidence in its business outlook.
Overall, L&T demonstrates strong profitability and maintains a healthy financial position, supported by consistent revenue growth, effective cost management, and a robust order book. However, it's essential to consider market dynamics and sector-specific challenges when evaluating the company's future performance.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.