About Larsen & Toubro Limited
Larsen & Toubro Limited (LT) has been publicly traded since 2002, making it a 24-year-old public company. It operates in the Engineering & Construction industry within the Industrials sector. The company is headquartered in Mumbai, India and employs approximately 54,596 people. With a market capitalization of $4.7 trillion, LT is one of the largest publicly traded companies.
Key Statistics
- Current Price
- ₹3,439.00
- Market Cap
- ₹4.73T
- 52-Week High
- ₹4,440.00
- 52-Week Low
- ₹2,965.30
- Sector
- Industrials
- Industry
- Engineering & Construction
₹1,000 Invested
Monthly Returns Heatmap
Annual Returns
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | -15.78% | ₹4,083.50 | ₹3,439.00 |
| 2025 | +14.25% | ₹3,574.31 | ₹4,083.50 |
| 2024 | +3.12% | ₹3,466.17 | ₹3,574.31 |
| 2023 | +70.97% | ₹2,027.34 | ₹3,466.17 |
| 2022 | +11.43% | ₹1,819.46 | ₹2,027.34 |
| 2021 | +48.91% | ₹1,221.86 | ₹1,819.46 |
| 2020 | +3.41% | ₹1,181.51 | ₹1,221.86 |
| 2019 | -8.53% | ₹1,291.63 | ₹1,181.51 |
| 2018 | +15.71% | ₹1,116.28 | ₹1,291.63 |
| 2017 | +43.34% | ₹778.75 | ₹1,116.28 |
| 2016 | +7.08% | ₹727.30 | ₹778.75 |
| 2015 | -13.79% | ₹843.65 | ₹727.30 |
| 2014 | +41.00% | ₹598.32 | ₹843.65 |
| 2013 | +1.46% | ₹589.72 | ₹598.32 |
| 2012 | +63.45% | ₹360.79 | ₹589.72 |
| 2011 | -49.29% | ₹711.53 | ₹360.79 |
| 2010 | +18.81% | ₹598.88 | ₹711.53 |
| 2009 | +118.44% | ₹274.16 | ₹598.88 |
| 2008 | -62.66% | ₹734.18 | ₹274.16 |
| 2007 | +190.91% | ₹252.37 | ₹734.18 |
| 2006 | +58.22% | ₹159.50 | ₹252.37 |
| 2005 | +89.88% | ₹84.00 | ₹159.50 |
| 2004 | -3.65% | ₹87.19 | ₹84.00 |
| 2003 | +147.16% | ₹35.27 | ₹87.19 |
Valuation
LT currently trades at a trailing P/E ratio of 26.9, which is considered high relative to the broader market. The forward P/E of 21.5 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 4.7. The price-to-sales ratio is 1.7.
Dividends
Larsen & Toubro Limited pays a dividend to shareholders with a current yield of 0.99%. This translates to $34.00 per share annually. The payout ratio of 27% indicates sustainable dividend coverage.
Risk & Volatility
LT has a beta of 0.27, indicating it is less volatile than the overall market. The stock's 52-week range is $2965.30 to $4440.00, and it currently trades in the lower half of its 52-week range.
Analyst Ratings
Based on 30 analyst opinions, LT has a consensus "buy" rating. The average price target of $4580.70 suggests 33.2% upside from current levels.
Frequently Asked Questions
What does Larsen & Toubro Limited do? ▼
Larsen & Toubro Limited is a Engineering & Construction company operating in the Industrials sector. The company is headquartered in Mumbai, India.
What sector is LT in? ▼
LT operates in the Industrials sector, specifically in the Engineering & Construction industry.
When did LT go public? ▼
Larsen & Toubro Limited went public in 2002, making it a 24-year-old public company as of 2026.
How much would $1,000 invested in LT 5 years ago be worth today? ▼
A $1,000 investment in LT five years ago would be worth approximately $2,314 today, representing a 131.3% return.
Does LT pay dividends? ▼
Yes, Larsen & Toubro Limited pays a dividend with a current yield of 0.99%, which is $34.0 per share annually.
What is LT's market cap? ▼
Larsen & Toubro Limited has a market capitalization of $4.7 trillion, classifying it as a mega-cap company.
What is LT's P/E ratio? ▼
LT has a trailing P/E ratio of 26.9 and a forward P/E of 21.5, which measures how much investors are paying per dollar of earnings.
Is LT a buy, hold, or sell? ▼
Based on 30 opinions, LT has a consensus "buy" rating. The average price target is $4580.7.
Last updated: 3/14/2026