₹4187.0
+1.87% today
· 30d +13.22%
as of 2026-11-09
Price · Daily Candles
“L&T posts strong Q1 profit, but DIIs trim holdings amidst moderate FII buying.”
Larsen & Toubro, India's infrastructure giant, delivered a robust Q1 2026, with net profit up 15.51% YoY to ₹4,988 Cr on revenues of ₹67,942 Cr, reflecting strong operational performance. However, DIIs reduced their stake by 0.31% QoQ, contrasting with a 0.35% increase by FIIs. The company's PE ratio stands at 33.67, higher than some peers, yet ML growth predictions for EBIT and Sales are strong, indicating potential future upside.
BULL CASE
+Q1 2026 net profit surged 15.51% YoY to ₹4,988 Cr, demonstrating strong earnings power.
+The company's revenue growth has been consistent, with a 3-year CAGR of 15.21% and a 5-year CAGR of 16.02%.
+Machine Learning predictions indicate strong growth in EBIT (rank 0.834) and sales (rank 0.857) over the recent two years.
+The stock appears undervalued with a margin of safety of 85.4% based on an intrinsic value of ₹7509.58 per share.
BEAR CASE
−DIIs decreased their stake by 0.31% QoQ to 43.02% in Q1 2026, potentially signaling caution.
−The current TTM PE of 33.67 is higher than several peers like KPIL (21.31) and ENGINERSIN (19.5), suggesting a premium valuation.
−Operating profit margin saw a modest YoY increase of only 0.28 percentage points in Q1 2026.
−The 1-year returns are 18.34%, lagging the 52-week high by -8.78%.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-09-30
REVENUE
₹78750 Cr
+15.84% YoY
NET PROFIT
₹5949 Cr
+27.17% YoY
OPM
11.29%
-0.52pp YoY
EPS
₹37.81
PE 33.67
Intrinsic value · DCF ₹10379.12 · Margin of safety +147.9% (undervalued) · FCF yield 2.07%
◇ Sector Position
Larsen & Toubro's PE of 33.67 and ROCE of 15.0% position it above peers like ENGINERSIN (PE 19.5, ROCE 24.99%) and KPIL (PE 21.31, ROCE 28.25%) in terms of valuation and below in efficiency.
PEERPEROCE %
LT33.6715.0
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
64
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
STRONG
75
Valuation
FAIR
40
Growth
STRONG
78
Profitability
DECENT
68
Technicals
NEUTRAL
53
Risk
LOW
70
Key Stats
TTM PE
33.67
P/B
5.11
52W HIGH
₹4440.0
OFF HIGH
-5.7%
DIV YIELD
0.95%
MKT CAP
₹576106 Cr
◉ Active Signals
MACDBullish53.8454
RSI(14)Bearish79.91
Street Consensus
30 analysts₹4501.53
mean target
Low ₹3550.0Now ₹4187.0High ₹5060.0
⧉ Strategy Fit 🔒