BazaarBaazi

Stock · LT · Construction

LT share price target 2026

Support, resistance, the F&O structure and the BazaarBaazi Crack Score for LARSEN & TOUBRO LIMITED, refreshed every end-of-day run. A systematic, data-only read on LARSEN & TOUBRO LIMITED: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.

The verdict

BazaarBaazi reads LT as cautious with a Crack Score of 43/100 as of 21 Jul 2026.
Crack Score
43/ 100
Range / mixed

BazaarBaaziSource & method

The scanner's readScanned · scanned 21 Jul 2026

Where LT stands on the 500-name BazaarBaazi setup scanner: technicals, filed fundamentals and money flow read together, refreshed every run.

Scanned71 /100 setup score

Scanned and scored this run, but the evidence is incomplete or conflicted. The engine fails closed to NO_TRADE.

Technical axis

100/100

Fundamental axis

33/100

Money flow

22/100

Result pulse · Q4 FY26

0/100

Technical evidence

money-flow score 22.3/100 (weak)

Chaikin money flow -0.344 (distribution)

net -7 accumulation days (25d)

OBV falling

RS slope -4.2% (3m)

RS line well below its high

relative strength falling vs NIFTY

below 50DMA

Red flags

below 200DMA (not a long-side trend)

weak filed result (score 0.0)

Relative valuation

P/E (TTM)

32.9

P/E vs sector

+1.3%

Sector percentile

69

PEG

n/a

Scanner levels from the deterministic engine run of 2026-07-21, not a SEBI-registered recommendation and not investment advice. The fundamental axis reads the official filing: Q4 FY26 result.

Open the full 500-name Setup Scan.

Price target: support and resistanceComputed 21 Jul 2026

Support and resistance for LT are read inside the latest show; no spot was printed in the most recent editorial note.

Levels are read inside the latest show. The most recent editorial reference is Systematic Read on 21 Jul 2026.

These are structural reference lines, not a SEBI-registered price target. BazaarBaazi is independent media; the levels frame how the desk reads the LT chart, refreshed every end-of-day run.

The Crack Score, and how it is built43 / 100 · Range / mixed

The Crack Score is a deterministic 0 to 100 conviction number. Here is exactly what moved it for LT, so the figure is a transparent signal rather than a vibe.

Editorial stanceLatest signed stance is bearish.-16
History consistency2 of the last 6 published verdicts held the same stance.-5
Structure qualityNo clean spot was printed in the latest note; levels are read inside the show.0
FreshnessThe desk reviewed today.+8
Conviction horizonThe latest read is framed on a swing horizon.+6

Base 50, adjusted by the factors above and clamped to 0 to 100. How the Crack Score works.

About LARSEN & TOUBRO LIMITEDBusiness profile

What LT actually does, and the edge that holds its position.

Larsen and Toubro is the contractor India calls when a project is too big or too complex for anyone else, and that reputation for executing the hard jobs is the moat the financials sit on. The engine is infrastructure construction (roads, bridges, metros, airports, buildings) and energy projects (refineries, nuclear, renewables), backed by heavy engineering in reactors and defence equipment. Layered on top are IT services through LTIMindtree and LTI plus a financial-services arm, leaving LT the dominant EPC name for large, complex contracts across both government and private sectors.

LT's edge is its ability to execute technically complex, large-value contracts that require engineering depth, balance-sheet strength and project management capability that smaller contractors cannot match. Its order book at any given time represents years of forward revenue visibility, and its brand is the benchmark for Indian engineering quality.

The F&O viewHorizon · swing

How the futures and options structure on LT reads right now.

Editorial directionBearish
Horizonswing

The editorial price read on LT is bearish. Strike-level option inventory is unavailable, so the page withholds writer, wall and pin claims. Single-stock F&O on LT can be thinner than index F&O, so the desk weights price and filed evidence over raw OI. This is not a derivatives trade recommendation.

Why it movedLatest editorial line

The most recent BazaarBaazi read on what is driving LT.

Systematic read: a disclosed, data-only model on real 1-year price structure.

Read in Systematic Read on 21 Jul 2026. Why LT moved, the living explainer, tracks every move on one URL.

The 2026 to 2030 pictureStructural read

What genuinely drives LT over a multi-year horizon. A structural read, not a price forecast.

Over 2026 to 2030 LT is a direct play on India's infrastructure capex cycle, which includes National Infrastructure Pipeline projects, defence indigenisation orders, and the data-centre and semiconductor capex wave that feeds its technology subsidiaries. The risk is margin pressure in competitive bidding environments and any slowdown in government capital expenditure driven by fiscal constraints. WHAT BAZAARBAAZI THINKS: This is the broadest single bet on India actually building, so the order book and execution record are the real assets; the risk the Crack Score cannot fully capture is margin, because a fat order book won at thin bids can grow the top line for years while the profit on each project quietly erodes, so watch what LT wins work at, not just how much it wins.

What to watch:

Peers and how to compare5 listed names

The listed names LT is most often read against. Compare them on the same Crack Score and levels.

Tata Projects (unlisted, government projects)

Listed peer in the same space

Shapoorji Pallonji (private, large construction)

Listed peer in the same space

NCC Limited (listed mid-cap EPC)

Listed peer in the same space

KEC International (listed, power transmission EPC)

Listed peer in the same space

Adani Enterprises (group parent vehicle) · ADANIENT

Read the ADANIENT verdict and levels

Live valuation readQ4 FY26 earnings · live spot

P/E, P/B, yield and the quality set for LARSEN & TOUBRO LIMITED, computed from the latest filed results times the live spot. The price-driven ratios (marked) refresh every session; ROE and margins hold until the next results.

P / E

33.0x

Earnings yield

3.03%

P / B

4.84x

P / S

1.81x

EV / EBITDA

17.0x

Dividend yield

0.99%

Market cap

Rs 5.29 lakh cr

Enterprise value

Rs 5.78 lakh cr

Stored from LARSEN & TOUBRO LIMITED's filed results, as of 2026-07-21 and currency-checked. Price input Rs 3,846.60 from baked EOD spot. Open the calculator, move the price and watch every ratio react.

Latest filed resultsQ4 FY26

LARSEN & TOUBRO LIMITED's most recent quarter, parsed straight from the official BSE filing. Every figure links back to its primary source.

Q4 FY26 · ended 31 Mar 2026Consolidated, audited · filed with BSE on 7 May 2026

Result Pulse

0 / 100

Revenue

Rs 82,762 cr

Net profit

Rs 6,133 cr

EPS (quarter)

Rs 38.71
GrowthYoYQoQ
Revenuen/an/a
Net profitn/an/a
Net marginn/a
What BazaarBaazi readsInsufficient data
SourceOfficial BSE filing (XBRL)

Figures are the Q4 FY26 result for LARSEN & TOUBRO LIMITED, parsed straight from the official BSE integrated filing and verified to the paisa. The EPS shown is for the quarter, not a trailing-twelve-month figure, so it is not a P/E input.

See every Q4 result the desk has read.

Earnings history, every filed quarter32 quarters on record

LARSEN & TOUBRO LIMITED's official quarterly revenue, EPS and Result Pulse trail, every quarter the desk holds from the verified filings export, back to 30 Jun 2018. These are quarterly facts, not TTM valuation inputs.

LT official result trail

32 quarters

Quarterly figures only: revenue, net profit and EPS are copied from official filings. EPS here is not trailing twelve month EPS and is not used for valuation.

QuarterRevenueEPSPAT YoYPulseSource
Q4 FY26ended 31 Mar 2026 / Consolidated, auditedRs 82,762 crRs 38.71n/an/aFiling
Q3 FY26ended 31 Dec 2025 / Consolidated, auditedRs 71,450 crRs 23.37n/a44/100Filing
Q2 FY26ended 30 Sep 2025 / Consolidated, auditedRs 67,984 crRs 28.54n/a50/100Filing
Q1 FY26ended 30 Jun 2025 / Consolidated, auditedRs 63,679 crRs 26.30n/a50/100Filing
Q4 FY25ended 31 Mar 2025 / Consolidated, auditedRs 74,392 crRs 39.98n/an/aFiling
Q3 FY25ended 31 Dec 2024 / Consolidated, auditedRs 64,668 crRs 24.43n/an/aFiling
Q2 FY25ended 30 Sep 2024 / Consolidated, auditedRs 61,555 crRs 24.69n/an/aFiling
Q1 FY25ended 30 Jun 2024 / Consolidated, auditedRs 55,120 crRs 20.26n/an/aFiling
Q4 FY24ended 31 Mar 2024 / Consolidated, auditedRs 67,079 crRs 31.98n/an/aFiling
Q3 FY24ended 31 Dec 2023 / Consolidated, auditedRs 55,128 crRs 21.44n/an/aFiling
Q2 FY24ended 30 Sep 2023 / Consolidated, auditedRs 51,024 crRs 22.94n/an/aFiling
Q1 FY24ended 30 Jun 2023 / Consolidated, auditedRs 47,882 crRs 17.74n/an/aFiling
Q4 FY23ended 31 Mar 2023 / Consolidated, auditedRs 58,335 crRs 28.37n/an/aFiling
Q3 FY23ended 31 Dec 2022 / Consolidated, auditedRs 46,390 crRs 18.17n/an/aFiling
Q2 FY23ended 30 Sep 2022 / Consolidated, auditedRs 42,763 crRs 15.86n/an/aFiling
Q1 FY23ended 30 Jun 2022 / Consolidated, auditedRs 35,853 crRs 12.11n/an/aFiling
Q4 FY22ended 31 Mar 2022 / Consolidated, auditedRs 52,851 crRs 25.77n/an/aFiling
Q3 FY22ended 31 Dec 2021 / Consolidated, auditedRs 39,563 crRs 14.63n/an/aFiling
Q2 FY22ended 30 Sep 2021 / Consolidated, auditedRs 34,773 crRs 12.95n/an/aFiling
Q1 FY22ended 30 Jun 2021 / Consolidated, auditedRs 29,335 crRs 8.36n/an/aFiling
Q4 FY21ended 31 Mar 2021 / Consolidated, auditedRs 48,088 crRs 23.45n/an/aFiling
Q3 FY21ended 31 Dec 2020 / Consolidated, auditedRs 35,596 crRs 17.57n/an/aFiling
Q2 FY21ended 30 Sep 2020 / Consolidated, auditedRs 31,035 crRs 39.32n/an/aFiling
Q1 FY21ended 30 Jun 2020 / Consolidated, auditedRs 21,260 crRs 2.16n/an/aFiling
Q4 FY20ended 31 Mar 2020 / Consolidated, auditedRs 44,245 crRs 22.78n/an/aFiling
Q3 FY20ended 31 Dec 2019 / Consolidated, auditedRs 36,243 crRs 16.76n/an/aFiling
Q2 FY20ended 30 Sep 2019 / Consolidated, auditedRs 35,328 crRs 18.01n/an/aFiling
Q1 FY20ended 30 Jun 2019 / Consolidated, auditedRs 29,636 crRs 10.50n/an/aFiling
Q4 FY19ended 31 Mar 2019 / Consolidated, auditedRs 44,934 crRs 24.37n/an/aFiling
Q3 FY19ended 31 Dec 2018 / Consolidated, auditedRs 35,709 crRs 14.56n/an/aFiling
Q2 FY19ended 30 Sep 2018 / Consolidated, auditedRs 32,081 crRs 15.91n/an/aFiling
Q1 FY19ended 30 Jun 2018 / Consolidated, auditedRs 28,283 crRs 8.67n/an/aFiling

Open the covered-name earnings calendar.

The official financialsFiled to 31 Mar 2026

LARSEN & TOUBRO LIMITED's statements as filed: trailing twelve month P&L, the balance sheet, and the cash engine. Parsed from official XBRL, shown in crore.

Trailing twelve months, on filed quarters

Revenue (TTM)

2,85,874 cr

Net profit (TTM)

18,954 cr

EBIT (TTM)

28,825 cr

Profit before tax (TTM)

25,976 cr

Net margin (TTM)

6.6%

Finance costs (TTM)

2,849 cr

Balance sheet, as filed 2026-03-31

Total assets

4,52,550 cr

Shareholder equity

1,28,530 cr

Total borrowings

1,21,683 cr

Cash and equivalents

15,391 cr

Inventory

9,531 cr

Trade receivables

60,461 cr

The cash engine, latest filed year

Operating cash flow

16,741 cr

Capex

4,809 cr

Free cash flow

11,932 cr

Investing flow

11,739 cr

Financing flow

2,156 cr

Annual trail, filed year over filed year

YearRevenueNet profitEquityBorrowingsCFO
FY262,85,874 cr18,954 cr1,28,530 cr1,21,683 cr16,741 cr
FY252,55,734 cr15,037 crn/an/a9,161 cr
FY242,21,113 cr15,547 cr1,02,550 cr1,14,040 cr18,266 cr
FY231,83,341 cr12,531 cr1,03,567 cr1,18,513 cr22,777 cr
FY221,56,521 cr10,419 cr95,374 cr1,23,468 cr19,164 cr
FY211,35,979 cr12,921 cr87,920 cr1,32,605 crn/a

Every figure is parsed from LARSEN & TOUBRO LIMITED's official NSE XBRL filings by the BazaarBaazi earnings lab and shown in crore rupees. Display data, not a valuation model input.

Management on record8 earnings calls

Every LT earnings call BazaarBaazi has indexed, latest 31 Jul 2021. Read management in its own words, straight from the filed transcript.

LARSEN & TOUBRO LIMITED earnings calls on record

8 calls since 31 May 2019

31 Jul 2021Quarter ended Q1FY22Transcript PDF
31 Jan 2021Quarter ended Q3FY21Transcript PDF
31 Jul 2020Quarter ended Q1FY21Transcript PDF
30 Jun 2020Earnings callTranscript PDF
31 Jan 2020Quarter ended Q3FY20Transcript PDF
31 Oct 2019Quarter ended Q2FY20Transcript PDF
31 Jul 2019Quarter ended Q1FY20Transcript PDF
31 May 2019Quarter ended Q4FY19Transcript PDF

Each entry links to the transcript PDF the company filed with the exchange. Primary sources, in management's own words.

What changed78 disclosures

Every recent official filing from LARSEN & TOUBRO LIMITED, straight from the exchange feed, with the BazaarBaazi Event Heat on the disclosure flow.

LARSEN & TOUBRO LIMITED has filed 78 official disclosures recently. The most recent is a Disclosure dated 20 Jul 2026.

Event Heat

0 / 100
20 Jul 2026
DisclosureWatch

Bagging/Receiving of orders/contracts

Filing
17 Jul 2026
Investor meetRoutine

Schedule of meet

Filing
08 Jul 2026
Press releaseWatch

a press release dated July 08, 2026, titled "L&T Vyoma and Fortanix Partner to Deliver Confidential Computing with NVIDIA Technology

Filing
07 Jul 2026
Credit ratingWatch

Credit Rating- New

Filing
07 Jul 2026
Press releaseWatch

a press release dated July 07, 2026, titled "Larsen & Toubro Secures Moody s Baa1 RatingTwo Notches Above India s Sovereign Grade

Filing
06 Jul 2026
RegulatoryWatch

Certificate under SEBI (Depositories and Participants) Regulations, 2018

Filing
01 Jul 2026
Press releaseWatch

General Updates

Filing
29 Jun 2026
DisclosureWatch

Copy of Newspaper Publication

Filing
Event Heat0 / 100 · Cautionary

Event Heat is a dated net read of LARSEN & TOUBRO LIMITED's last 90 days of official disclosures, balancing the constructive filings against the ones to watch. It is a signal from what the company has filed, not investment advice. Every line above links to its official exchange filing, and the full market desk is at the disclosures hub.

See what changed across the whole market.

Key fundamentalsEditorial reference

The anchor data BazaarBaazi references when reading the LT chart. Not a substitute for a registered research note.

TickerLT
Full nameLARSEN & TOUBRO LIMITED
SectorConstruction
Index classLARGE CAP
ISININE018A01030
Market-cap band~6.1 lakh cr (indicative)
Last referenced levelInside latest show
Last session moveNot referenced this cycle
Editorial line inSystematic Read on 21 Jul 2026
Aliases trackedLT

Reference chart24 Mar 2026

The daily frame the desk reads on LT.

LT daily price chart, BazaarBaazi reference frame, 24 Mar 2026
Reference frame, 24 Mar 2026. Levels are read inside the latest show.

FAQ17 reader questions · AEO-eligible

The line on LT, distilled and schema-marked for AI Overview, Perplexity, and reader search.

What is the LT share price target for 2026?

BazaarBaazi does not publish a SEBI-registered price target on LT. The desk reads structural support and resistance inside each show against the printed spot; the most recent editorial line is Systematic Read on 21 Jul 2026.

What is BazaarBaazi's Crack Score for LT?

The BazaarBaazi Crack Score for LT is 43 out of 100 as of 21 Jul 2026, a range / mixed reading. It is a computed conviction number from the signed stance, how consistent the recent verdicts have been, the quality of the printed structure, and how fresh the review is. It is a transparency signal, not investment advice.

What is the F&O view on LT?

Strike-level option inventory for LT is unavailable, so BazaarBaazi withholds participant, direction and positioning claims. The editorial chart stance is not substituted for an option-chain observation.

What sector is LT in and which peers does BazaarBaazi track?

LT sits in Construction (large cap), indicative market cap ~6.1 lakh cr (indicative), ISIN INE018A01030. The peers BazaarBaazi reads alongside it are Cemindia Projects Limited (formerly ITD Cementation India Limited), RAIL VIKAS NIGAM LIMITED, KEC International Limited. A systematic, data-only read on LARSEN & TOUBRO LIMITED: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.

How often is the LT view updated?

This page is one evergreen URL refreshed in place. The Crack Score and levels re-compute on every BazaarBaazi end-of-day run, and the dated stamp shows the last refresh. The latest signed verdict on LT is bearish, published in Systematic Read on 21 Jul 2026.

Is Larsen and Toubro a good long-term stock?

What drives this name is order inflow converting into executed revenue at decent margins across the infrastructure capex cycle, and the risk the Crack Score cannot fully capture is that competitive bidding can hollow out project profitability even as the order book swells. The Crack Score on this page gives the current read on order pipeline health and margin trajectory.

What is the LT share price target for 2030?

A 2030 figure assumes the infrastructure capex cycle, order inflow and IT-subsidiary growth all hold their pace for years, which is exactly the kind of multi-variable bet no single number captures honestly. The Crack Score reflects the current structural balance between those growth drivers and execution risk.

Why is LT share price falling?

The triggers worth respecting are an order-inflow guidance miss or signs of margin pressure in execution; a broad capital-goods de-rating or capex-slowdown fear is usually the noisier, more transient kind. Check whether the order book is still growing before concluding that the structural case has changed.

Is LT a qualifying setup on the BazaarBaazi scanner right now?

On the 2026-07-21 run of the 500-name BazaarBaazi setup scanner, LARSEN & TOUBRO LIMITED sits in the Scanned tier with a setup score of 71/100 (technical 100, fundamental 33). The scanner is a deterministic engine over real OHLCV and official filings, refreshed nightly, and it is a signal rather than investment advice.

Where can I read LARSEN & TOUBRO LIMITED's earnings call transcripts?

BazaarBaazi indexes 8 LT earnings calls going back to 2019-05-31, latest 2021-07-31. Every entry on this page links straight to the transcript PDF the company filed with the exchange, so you read management in the primary source.

What was LARSEN & TOUBRO LIMITED's Q4 FY26 net profit?

LARSEN & TOUBRO LIMITED reported a net profit of Rs 6,133 cr for Q4 FY26 (the quarter ended 31 March 2026). The figure is from the company's official NSE filing.

What was LARSEN & TOUBRO LIMITED's Q4 FY26 revenue?

LARSEN & TOUBRO LIMITED reported revenue of Rs 82,762 cr for Q4 FY26. The figure is from the company's official NSE filing.

How does BazaarBaazi rate LARSEN & TOUBRO LIMITED's Q4 FY26 result?

BazaarBaazi gives LARSEN & TOUBRO LIMITED's Q4 FY26 result a Result Pulse of 0 out of 100, with a verdict of Insufficient data. The Result Pulse is a BazaarBaazi editorial score for the quality of the filed result, not investment advice.

What has Larsen & Toubro Ltd announced recently?

Larsen & Toubro Ltd's two most material recent disclosures are a disclosure dated 20 Jul 2026, "Bagging/Receiving of orders/contracts", and an investor meet dated 17 Jul 2026, "Schedule of meet". Both link to the company's own official filing on the BazaarBaazi stock page.

Has Larsen & Toubro Ltd declared a dividend recently?

Yes. Larsen & Toubro Ltd filed a dividend disclosure on 22 May 2026, filed as "Dividend - Rs 38 Per Share". Any amount shown is the exchange's own record, linked from the BazaarBaazi stock page. A dividend is a declared payout, not a forecast of future returns.

What did Larsen & Toubro Ltd's latest board meeting cover?

Larsen & Toubro Ltd's most recent board-meeting disclosure on record dated 27 Jun 2026 reads "Notice of Court Covened General Meeting to be held on August 04, 2026". That is the agenda as filed with the exchange, linked from the BazaarBaazi stock page, and BazaarBaazi adds no claim of its own to it.

Has Larsen & Toubro Ltd's credit rating been updated recently?

Larsen & Toubro Ltd filed a credit-rating disclosure on 07 Jul 2026, recorded with the exchange as "Credit Rating- New". The detail sits in the linked filing on the BazaarBaazi stock page. A rating action is an agency view on debt, separate from the share price.

Related stock views

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