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Larsen & Toubro Ltd.

LTIndustrials filings

Earnings calls

13 transcript(s)/analyst meet(s) served; 13 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 13 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
COVER_LETTER202111012021-09-30no
COVER_LETTER202211042022-09-30no
COVER_LETTER202305152023-03-31no
COVER_LETTER202307292023-06-30no
COVER_LETTER202402032023-12-31no
COVER_LETTER202405132024-03-31no
COVER_LETTER202407302024-06-30no
COVER_LETTER202411042024-09-30no
COVER_LETTER202505142025-03-31no
COVER_LETTER202508042025-06-30no
COVER_LETTER202511042025-09-30no
COVER_LETTER202602032025-12-31no
COVER_LETTER202608032026-06-30no

Model workbook

Download LT_model_v2.xlsx — every figure in it names the filing, the reporting context and the period it was read from.

LT

files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisiongeneral
Scope servedconsolidated
Panels on this page4

Market

No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.

Last close3,858.40
52-week range3342.4 – 4418.1
Return 1M-6.33%
Return 3M-8.49%
Return 1Y5.02%
Return 3Y32.93%
Return 5Y118.14%
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Revenue from operations67,942.00
Other income2,377.00
Total income70,318.00
Cost of materials consumed20,959.00
Purchases of stock-in-trade427.00
Changes in inventories-1,791.00
Employee benefit expense14,043.00
Finance costs539.00

Ownership — 2026-06-30, and the change from 2026-03-31

HolderPer centChange
promoter and promoter groupnot disclosed—
institutions foreign0.190.00
institutions domestic0.43-0.00
mutual funds0.20-0.00
public1.000.00

Documents on file

ClassMost recentOn file
COVER_LETTER2026-06-3013

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line2022-06-302022-09-302022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations35,853.0042,763.0046,390.0058,335.0047,882.0051,024.0055,128.0067,079.0055,120.0061,555.0064,668.0063,679.0067,984.0071,450.0082,762.0067,942.00
Other income695.00739.00755.00741.001,146.001,133.00838.001,042.00921.001,101.00968.001,357.001,384.001,441.001,579.002,377.00
Total income36,548.0043,501.0047,145.0059,076.0049,028.0052,157.0055,966.0068,120.0056,040.0062,656.0065,636.0065,036.0069,368.0072,891.0084,341.0070,318.00
Cost of materials consumed12,990.0014,812.0016,396.0022,850.0016,786.0017,164.0018,899.0025,840.0018,597.0024,285.0023,622.0021,610.0024,593.0024,451.0029,939.0020,959.00
Purchases of stock-in-trade199.00304.00374.00175.00325.00338.00285.00115.00352.00332.00456.00212.00302.00298.00450.00427.00
Changes in inventories-1,523.00-1,410.00-695.0066.00-408.00374.00-2.001,057.00-156.00-477.00-21.00-493.00-169.00-11.00-1,290.00-1,791.00
Employee benefit expense8,556.009,166.009,532.009,981.009,889.0010,299.0010,253.0010,730.0011,044.0011,456.0011,912.0012,638.0012,986.0012,800.0013,763.0014,043.00
Finance costs756.00836.00802.00813.00851.00864.00904.00926.00861.00884.00843.00782.00763.00625.00679.00539.00
Depreciation and amortisation963.00860.00825.00854.00830.00910.00921.001,021.00998.001,024.001,047.001,033.001,092.001,072.001,168.001,032.00
Other expenses11,674.0014,991.0015,708.0018,430.0016,421.0017,217.0019,934.0022,103.0019,669.0019,597.0022,444.0023,394.0023,465.0026,495.0031,291.0028,187.00
Total expenses33,616.0039,559.0042,944.0053,169.0044,696.0047,166.0051,194.0061,792.0051,364.0057,101.0060,303.0059,176.0063,032.0065,730.0075,999.0063,396.00
Profit before exceptional items and tax2,932.003,942.004,200.005,907.004,332.004,991.004,772.006,328.004,677.005,555.005,333.005,860.006,336.007,161.008,342.006,922.00
Exceptional items0.000.00136.000.000.000.000.0094.000.000.000.000.000.00-1,791.0069.000.00
Profit before tax2,932.003,942.004,336.005,907.004,332.004,991.004,772.006,422.004,677.005,555.005,333.005,860.006,336.005,370.008,410.006,922.00
Current tax952.001,242.001,740.001,130.001,251.001,087.001,191.001,600.001,335.001,493.001,520.001,518.001,577.001,442.002,215.001,881.00
Deferred tax-313.00-119.00-470.00331.00-35.0049.00-13.00-181.00-99.00-51.00-188.0015.0072.0099.00-123.0058.00
Tax expense639.001,123.001,270.001,461.001,216.001,136.001,177.001,418.001,237.001,442.001,332.001,534.001,649.001,541.002,093.001,939.00
Profit for the period2,228.002,785.003,058.004,459.003,096.003,846.003,593.005,013.003,445.004,099.003,974.004,318.004,678.003,825.006,133.004,988.00
Profit attributable to owners1,702.002,229.002,553.003,987.002,493.003,223.002,947.004,396.002,786.003,395.003,359.003,617.003,926.003,215.005,326.004,123.00
Profit attributable to non-controlling interests526.00556.00506.00472.00603.00623.00645.00617.00659.00704.00615.00701.00752.00610.00807.00865.00
Other comprehensive income-956.00-868.00449.00416.00331.00-423.00493.007.00196.00358.00-1,276.001,159.00-490.00648.00-1,723.00838.00
Total comprehensive income1,272.001,917.003,507.004,875.003,427.003,422.004,085.005,020.003,641.004,457.002,698.005,477.004,188.004,472.004,410.005,826.00
Earnings per share, basic12.1115.8618.1728.3717.7422.9421.4431.9820.2624.6924.4326.3028.5423.3738.7129.97
Earnings per share, diluted12.1015.8518.1528.3517.7322.9221.4231.9520.2524.6824.4126.2928.5323.3638.7029.96

Annual results, as filed

Line2018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312026-03-31
Revenue from operations119,862.00141,007.00145,452.00135,979.00156,521.00183,341.00221,113.00285,874.00
Other income1,412.001,852.002,361.003,429.002,267.002,929.004,158.005,761.00
Total income121,274.00142,859.00147,813.00139,408.00158,788.00186,270.00225,271.00291,635.00
Cost of materials consumed41,998.0050,921.0048,049.0042,153.0053,698.0067,047.0078,688.00100,592.00
Purchases of stock-in-trade1,358.001,800.00841.001,214.001,070.001,053.001,064.001,262.00
Changes in inventories-1,230.00-868.00648.00343.00-2,077.00-3,157.001,021.00-1,963.00
Employee benefit expense15,292.0018,101.0023,114.0024,762.0029,734.0037,214.0041,171.0052,187.00
Finance costs1,539.001,806.002,797.003,913.003,126.003,207.003,546.002,849.00
Depreciation and amortisation1,929.002,084.002,462.002,904.002,948.003,502.003,682.004,365.00
Other expenses48,872.0054,728.0056,471.0051,883.0055,879.0060,430.0075,675.00104,644.00
Total expenses109,758.00128,572.00134,382.00127,173.00144,378.00169,297.00204,847.00263,937.00
Profit before exceptional items and tax11,516.0014,286.0013,431.0012,236.0014,411.0016,973.0020,424.0027,698.00
Exceptional items123.00295.000.00-3,694.00120.00136.0094.00-1,722.00
Profit before tax11,639.0014,581.0013,431.008,542.0014,530.0017,109.0020,517.0025,976.00
Current tax3,732.004,693.003,565.003,972.004,535.005,055.005,128.006,753.00
Deferred tax-533.00-350.00-301.00-99.00-295.00-571.00-180.0063.00
Tax expense3,199.004,343.003,263.003,873.004,239.004,484.004,947.006,816.00
Profit for the period8,004.0010,217.0010,894.0012,921.0010,419.0012,531.0015,547.0018,954.00
Profit attributable to owners7,370.008,905.009,549.0011,583.008,669.0010,471.0013,059.0016,084.00
Profit attributable to non-controlling interests635.001,311.001,345.001,338.001,750.002,060.002,488.002,870.00
Other comprehensive income163.00-230.00-1,315.001,454.00438.00-959.00407.00-406.00
Total comprehensive income8,168.009,987.009,580.0014,376.0010,858.0011,572.0015,955.0018,547.00
Earnings per share, basic52.6263.5168.0482.4961.7174.5193.96116.93
Earnings per share, diluted52.4963.4067.9582.4161.6574.4593.88116.88

Balance sheet, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-09-302026-03-31
Total assets322,794.00330,352.00323,122.00339,627.00356,608.00391,103.00452,550.00
Non-current assets118,608.00108,148.00110,624.00121,547.00127,537.00142,016.00134,239.00
Current assets203,400.00221,216.00211,509.00217,075.00229,070.00248,962.00292,841.00
Property, plant and equipment12,808.0013,474.0014,865.0015,587.0013,562.0017,874.0019,437.00
Capital work-in-progress2,212.002,949.002,739.002,897.002,561.003,921.003,036.00
Goodwill7,466.007,799.007,796.007,801.007,831.008,615.008,482.00
Other intangible assets18,266.0018,008.0017,730.0017,385.0017,179.0016,813.001,828.00
Inventories6,371.006,829.006,624.006,620.007,275.008,314.009,531.00
Trade receivables44,011.0044,732.0047,977.0048,771.0051,143.0053,655.0060,461.00
Cash and cash equivalents11,318.0016,927.0012,466.0011,958.0010,205.009,791.0015,391.00
Total equity and liabilities322,794.00330,352.00323,122.00339,627.00356,608.00391,103.00452,550.00
Equity95,234.00103,567.0093,450.00102,550.00105,981.00119,807.00128,530.00
Equity share capital281.00281.00275.00275.00275.00275.00275.00
Other equity81,554.0089,045.0078,137.0086,084.0088,955.00101,108.00109,015.00
Total liabilities227,560.00226,785.00229,672.00237,078.00250,627.00271,295.00324,019.00
Non-current liabilities60,351.0064,719.0062,417.0060,477.0055,300.0072,509.0069,522.00
Current liabilities167,161.00162,066.00167,255.00176,601.00195,326.00198,787.00233,531.00
Borrowings, non-current56,781.0061,218.0058,393.0056,507.0050,958.0066,943.0063,739.00
Borrowings, current70,266.0057,296.0061,343.0057,533.0072,613.0063,679.0057,944.00
Trade payables43,758.0049,784.0044,521.0053,293.0051,564.0052,869.0069,456.00

Cash flow, as filed

Line2022-03-312022-09-302023-03-312023-09-302024-03-312024-09-302025-09-302026-03-31
Net cash from operating activities19,164.00629.0022,777.004,181.0018,266.00269.003,816.0016,741.00
Net cash from investing activities-3,668.00-1,826.00-8,312.006,680.002,163.00-4,708.001,056.00-11,739.00
Net cash from financing activities-15,181.00-1,505.00-11,572.00-15,327.00-25,413.002,656.00-7,485.00-2,156.00
Purchase of property, plant and equipment3,111.001,667.004,144.001,872.004,517.001,965.002,675.004,809.00
Net increase in cash397.00-2,452.003,156.00-4,461.00-4,968.00-1,753.00-2,396.003,204.00
con:CFO.BEFORE_TAX23,716.003,325.0027,904.006,602.0023,546.003,067.006,749.0022,772.00
con:INTEREST_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:INTEREST_PAID.OPERATING0.000.000.000.000.000.000.000.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:TAX_PAID.OPERATING4,552.002,695.005,127.002,421.005,280.002,799.002,933.006,031.00
con:CF_OTHER.OPERATING0.000.000.000.000.000.000.000.00
con:INVESTMENTS_PURCHASED719.001,506.009,120.003,706.004,889.002,471.002,046.0012,946.00
con:INVESTMENTS_SOLD1,026.001,967.00827.008,914.004,931.00458.003,010.001,190.00
con:PPE_DISPOSALS71.0033.00350.00175.00306.00553.00241.00341.00
con:CF_INVESTING.SUBSIDIARIES_SOLD946.000.002,790.00680.00215.001,446.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED88.0017.00131.0013.0013.00141.00850.001,015.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.000.000.00254.00255.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2023-06-302023-09-282023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Promoter and promoter group0.000.000.000.000.000.000.000.000.00—————
Domestic institutions38.1437.3037.3037.4738.2239.0340.5841.7142.7143.480.430.430.430.43
Mutual funds—————————20.310.210.200.200.20
Insurance companies17.8517.7917.7917.5817.4417.9818.7419.1219.8420.020.190.190.190.19
Foreign institutions25.3025.7125.7125.4924.3622.8521.7120.8319.8019.330.190.200.190.19
Government—————————0.240.000.000.000.00
Public100.00100.00100.00100.00100.00100.00100.00100.00100.00100.001.001.001.001.00
Non-institutional36.3336.7636.7636.8137.1937.8837.4737.2237.2536.950.370.370.380.38
Shares outstanding13884036241357268864135726886413566382081355831359135615306213571951591358535839135954776113600730391361093748136099497913611429101363411493

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
L&T Hydrocarbon Saudi CompanySubsidiaryAdvance, Any other transaction, Sale of goods or ser48,172,300,000.0023
L&T Realty Properties Limited (formerly known as L&TSubsidiaryAdvance, Any other transaction, Dividend received, I29,067,000,000.0020
L&T Realty Developers LimitedSubsidiaryAdvance, Any other transaction, Dividend received, I24,017,200,000.0015
L&T Metro Rail (Hyderabad) LimitedSubsidiaryAny other transaction, Interest received, Investment19,988,400,000.0013
L&T Modular Fabrication Yard LLCSubsidiaryAny other transaction, Purchase of goods or services19,014,300,000.0015
Larsen & Toubro Saudi Arabia LLCSubsidiaryAny other transaction, Interest received, Purchase o18,457,300,000.0015
Nuclear Power Corporation Of India LimitedOther Related PartyAny other transaction, Sale of goods or services10,468,500,000.006
L&T Valves LimitedSubsidiaryAny other transaction, Dividend received, Interest p10,321,600,000.0015
L&T Geostructure Private LimitedSubsidiaryAdvance, Any other transaction, Interest paid, Inter10,088,200,000.0017
L&T - MHI Power Turbine Generators Private LimitedSubsidiaryAny other transaction, Interest paid, Investment, Pu5,931,900,000.0019
Business Park (Powai) Private LimitedSubsidiaryAny other transaction, Interest received, Investment5,762,600,000.009
Elevated Avenue Realty LLPSubsidiaryAny other transaction, Interest received, Investment5,015,400,000.0013
Corporate Park (Powai) Private LimitedSubsidiaryAny other transaction, Interest received, Investment4,545,700,000.007
L&T Energy Green Tech LimitedSubsidiaryAny other transaction, Interest received, Investment3,296,300,000.0014
L&T Special Steels and Heavy Forgings Private LimitedSubsidiaryAny other transaction, Investment, Purchase of goods2,745,700,000.0016