Larsen and Toubro Limited

BSE: 500510 NSE: LT
Larsen and Toubro Limited - engineering in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L99999MH1946PLC004768 Incorporated 07 February 1946 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: LT · BSE: 500510 Public Limited Company engineering Fortune India 500 · #10 India's Most Valuable · #7 Nifty 50
Data last updated
Market Cap
₹5,43,239 Cr
LT · NSE
Share Price
₹3,944.40
-0.10% today
Revenue
₹2,85,874 Cr
FY 2025-26 · +11.8% YoY
EBITDA
₹33,702 Cr
Margin 11.8%
Net Profit
₹16,464 Cr
FY 2025-26 · +6.8% YoY
P/E (TTM)
28.4x
P/B 4.8x
ROE
18.5%
ROCE 14.7%
Debt / Equity
1.25
Interest cover 33.2x

About Larsen and Toubro Limited

Data last updated:

Larsen and Toubro Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the engineering sector. It was incorporated on 07 February 1946 and has been in existence for over 80 years.

Larsen and Toubro is ranked #10 on the Fortune India 500 (2025) and #7 among India's most valuable companies (2025). It is part of the Nifty 50, Sensex, Nifty 500 and BSE 500 indices. Its director Vijay Sankar is #590 among India's richest people (2026). Its director Preetha Reddy and family are #655 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L99999MH1946PLC004768. Its GSTIN is 27AAACL0140P1ZJ (Maharashtra). The company holds 223 GST registrations, of which 193 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500510 and NSE: LT.

The company has an authorised share capital of ₹8,074.5 Cr and a paid-up capital of ₹275.18 Cr. It is led by directors including Sekharipuram Narayanan Subrahmanyan (Managing Director) and Subramanian Sarma (Whole-Time Director).

Its last annual general meeting (AGM) was held on 05 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at L & T Houseballard Estate, Mumbai, Maharashtra, India – 400001.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹2,85,874 Cr, a growth of 11.8% compared to the previous year. For the same year it recorded a net profit of ₹16,465 Cr (net margin 5.8%) and EBITDA of ₹33,702 Cr (EBITDA margin 11.8%). The net worth stands at ₹1,09,290 Cr (up 11.9% YoY). Total assets are valued at ₹2,77,842 Cr (up 11.2% YoY).

The company has about 227,044 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 3 brands: L&T, L&T Idpl and L&T Capital. As per MCA filings, the company has open charges of ₹31,118 Cr and satisfied charges of ₹3,61,569 Cr on record. Court records list 4,769 cases involving the company, including 2,544 filed by the company and 2,230 filed against it; 665 cases are pending. The company has 75 deals on record (66 market trades, 7 acquisitions, 1 funding round), with disclosed funding of ₹3,372.8 Cr; the latest was in June 2026. The company has 41 MSME Form 1 returns on record between 2014 and 2024, listing 7,730 overdue payments to 1,357 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website larsentoubro.com.

Company details

CIN L99999MH1946PLC004768
Registration Number 004768
Incorporation Date 07 February 1946
ROC Mumbai
Listing Status Listed - Listed on NSE (LT); Listed on BSE (500510)
Company Status Active
Date of Last AGM 05 June 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Key People
Sekharipuram Narayanan Subrahmanyan Managing Director Subramanian Sarma Whole-Time Director Ramamurthi Shankar Raman Whole-Time Director

Recognitions & Rankings of Larsen and Toubro

Fortune India 500 2025 edition
Rank#10
Total income
₹2,60,745 Cr
Profit
₹15,037 Cr
Last year #12
India's Most Valuable Companies 2025 edition · Source: Hurun India
Rank#7
Valuation
₹5,52,170 Cr
1-year change
+2%
2024 #8 2023 #8 2022 #15
Stock market indices
Nifty 50 Sensex Nifty 500 BSE 500

Contact details

Larsen and Toubro Limited's registered office is in Mumbai, Maharashtra. Its website is larsentoubro.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    larsentoubro.com
  • Social Media
  • Registered Address
    L & T Houseballard Estate, Mumbai, Maharashtra, India – 400001
  • Industry
    Engineering, Engineering, Procurement & Construction (EPC)

To see the full contact details of Larsen and Toubro Limited, buy the company report.

Comprehensive company report
Larsen and Toubro Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Larsen and Toubro operates multiple associated brands including L&T, L&T IDPL, and L&T Capital. Each brand links to its own profile.

BrandDescriptionWebsite
L&T
Engineering and automation solutions are provided for diverse industries.larsentoubro.com
L&T IDPL
Real estate and transmission infrastructure are developed by L&T IDPL.lntidpl.com
L&T Capital
Financial services are offered by L&T Capital in India.ltcapitalindia.in

Business activity

The main business activities of Larsen and Toubro are construction, manufacturing and electricity, gas, steam and air condition supply. 4 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstruction42Civil engineering
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities
DElectricity, gas, steam and air condition supplyD1Electric power generation, transmission and distribution
EWater supply, sewerage and waste managementE1Water collection, treatment and supply
FConstructionF1Buildings
FConstructionF2Roads, railways, Utility projects
FConstructionF3Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities
GTradeG1Wholesale Trading
GTradeG2Retail Trading

To see the full business activity and turnover split of Larsen and Toubro Limited, buy the company report.

Financials of Larsen and Toubro Limited

FY 2025-26 filings available

Larsen and Toubro Limited reported revenue of ₹2,85,874 Cr (up 11.8% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹2,85,874 Cr
+11.8% YoY
EBITDA
₹33,702 Cr
+2.4% YoY
Profit After Tax
₹16,464 Cr
+6.8% YoY
Net Worth
₹1,09,290 Cr
+11.9% YoY
Total Assets
₹2,77,842 Cr
+11.2% YoY
Total Debt
₹1,25,497 Cr
-5.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,85,8742,55,7342,21,1131,83,3411,56,5211,35,9791,45,452
Revenue growth+11.8%+15.7%+20.6%+17.1%+15.1%-6.5%-
EBITDA33,70232,90129,43926,45124,31419,90424,553
EBITDA margin+11.8%+12.9%+13.3%+14.4%+15.5%+14.6%+16.9%
Profit before tax25,97623,57920,51717,10914,49516,91814,086
Net profit16,46415,41812,03910,0808,10814,1639,574
Net profit margin+5.8%+6.0%+5.4%+5.5%+5.2%+10.4%+6.6%
EPS (₹)116.92109.3495.0074.5061.7082.4768.02
Balance sheet
Total assets2,77,8422,49,7842,20,5732,25,4422,21,8442,23,5782,21,059
Net worth1,09,29097,65686,35989,32682,62376,99268,127
Total debt1,25,4971,32,4091,16,3221,20,6501,25,2921,33,5051,41,770
Cash & bank20,84822,96515,35822,52018,95316,24215,118
Net working capital58,77672,49363,59781,36381,21977,43984,362
Cash flow
Cash from operations16,7419,15118,26622,77719,16423,0746,694
Cash from investing(11,380)(15,479)2,179(8,048)(3,585)(5,750)(8,408)
Cash from financing(2,156)6,557(25,413)(11,572)(15,181)(15,274)6,372
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue78,75067,94282,76271,45067,98463,67974,39264,668
Revenue growth (YoY)+15.8%+6.7%+11.3%+10.5%+10.4%+15.5%--
Other income2,3062,3771,6471,4411,3841,3571,610968
EBITDA8,8148,14910,4197,3998,5138,0249,8767,898
EBITDA margin+11.2%+12.0%+12.6%+10.4%+12.5%+12.6%+13.3%+12.2%
Depreciation1,0371,0321,1681,0721,0921,0331,0521,047
Interest2,4422,5712,4882,3992,4702,4882,4192,486
Profit before tax7,6416,9228,4105,3706,3365,8608,0145,333
Tax1,7261,9392,0931,5411,6491,5341,8811,332
Net profit5,9154,9836,3183,8294,6874,3266,1334,001
EPS (₹)37.8029.9638.7023.3628.5326.2939.9524.41
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,53,6801,42,5091,26,2331,10,5011,01,00087,25582,384
Revenue growth+7.8%+12.9%+14.2%+9.4%+15.8%+5.9%-
EBITDA5,52611,6759,6729,3719,1335,5686,940
EBITDA margin+3.6%+8.2%+7.7%+8.5%+9.0%+6.4%+8.4%
Profit before tax9,14113,57411,3489,83310,00913,9697,624
Net profit10,81411,6408,7228,0957,27413,7236,214
Net profit margin+7.0%+8.2%+6.9%+7.3%+7.2%+15.7%+7.5%
EPS (₹)45.7079.0567.8855.8456.0884.0047.58
Balance sheet
Total assets88,30695,11888,13091,61788,38987,15278,908
Net worth74,53371,89664,51671,52867,11461,73852,175
Total debt12,65822,29522,81218,33920,47724,66425,942
Cash & bank7,5444,3474,7714,5706,4994,1763,938
Net working capital8,86716,32919,49421,16823,42620,24926,928
Cash flow
Cash from operations21,92812,7038,2977,2645,9999,561(121)
Cash from investing(2,658)(6,348)6,362(1,738)4,555(2,780)(6,834)
Cash from financing(16,701)(6,712)(14,522)(7,441)(8,360)(6,698)7,419
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue43,58436,02447,19137,90335,11633,47142,32934,984
Revenue growth (YoY)+24.1%+7.6%+11.5%+8.3%+0.6%+10.6%--
Other income2,4784,0941,5032,1761,0742,6061,6711,195
Total expenses41,19234,10943,10035,84838,20931,08038,57132,101
EBITDA2,3911,9154,0912,055(3,093)2,3913,7582,883
EBITDA margin+5.5%+5.3%+8.7%+5.4%-8.8%+7.1%+8.9%+8.2%
Depreciation465477521496486483487489
Interest405352374351476474503543
Profit before tax4,0005,1804,6983,385(2,982)4,0404,4393,047
Tax6297251,137553609555930642

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 04 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue78,75067,94282,76271,45067,98463,67974,39264,668
Revenue growth (YoY)+15.8%+6.7%+11.3%+10.5%+10.4%+15.5%--
Other income2,3062,3771,6471,4411,3841,3571,610968
EBITDA8,8148,14910,4197,3998,5138,0249,8767,898
EBITDA margin+11.2%+12.0%+12.6%+10.4%+12.5%+12.6%+13.3%+12.2%
Depreciation1,0371,0321,1681,0721,0921,0331,0521,047
Interest2,4422,5712,4882,3992,4702,4882,4192,486
Profit before tax7,6416,9228,4105,3706,3365,8608,0145,333
Tax1,7261,9392,0931,5411,6491,5341,8811,332
Net profit5,9154,9836,3183,8294,6874,3266,1334,001
EPS (₹)37.8029.9638.7023.3628.5326.2939.9524.41
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,85,8742,55,7342,21,1131,83,3411,56,5211,35,9791,45,452
Revenue growth+11.8%+15.7%+20.6%+17.1%+15.1%-6.5%-
Other income6,6954,7244,2723,6052,36411,6673,015
Total expenses2,52,1732,22,8331,91,6741,56,8891,32,2071,16,0751,20,899
Employee cost52,18746,76941,17137,21429,69624,75123,114
EBITDA33,70232,90129,43926,45124,31419,90424,553
EBITDA margin+11.8%+12.9%+13.3%+14.4%+15.5%+14.6%+16.9%
Depreciation4,3654,1213,6823,5022,9482,9042,462
Interest10,0569,9259,5129,4459,23511,75011,021
Profit before tax25,97623,57920,51717,10914,49516,91814,086
Tax6,8165,8914,9474,4844,2044,0113,263
Net profit16,46415,41812,03910,0808,10814,1639,574
Net profit margin+5.8%+6.0%+5.4%+5.5%+5.2%+10.4%+6.6%
EPS (₹)116.92109.3495.0074.5061.7082.4768.02
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital2752752752814971,4051,685
Reserves & surplus1,09,01597,38186,08489,04582,12775,58866,442
Shareholders' funds (net worth)1,09,29097,65686,35989,32682,62376,99268,127
Minority interest19,24117,74816,19014,24112,96612,0529,521
Secured loans98,21993,52888,76381,68980,29090,42794,345
Unsecured loans27,27838,88127,55938,96145,00243,07947,424
Total debt1,25,4971,32,4091,16,3221,20,6501,25,2921,33,5051,41,770
Total liabilities2,77,8422,49,7842,20,5732,25,4422,21,8442,23,5782,21,059
Assets
Gross block53,89066,38961,12458,75656,49556,57753,121
Net block30,86744,05542,96442,64142,94544,31943,653
Capital work in progress3,3112,5893,0453,0661,2505003,311
Investments68,37754,80545,64844,79839,39539,62720,047
Inventories9,5317,6716,6206,8295,9435,8215,747
Sundry debtors60,46153,71448,77144,73246,13942,23040,732
Cash & bank balances20,84822,96515,35822,52018,95316,24215,118
Loans & advances1,42,4761,17,4741,11,8761,11,5621,07,36899,6641,08,394
Total current assets2,33,3162,01,8241,82,6261,85,6421,78,4041,63,9561,69,990
Total current liabilities1,74,5411,29,3311,19,0291,04,28097,18486,51785,628
Net working capital58,77672,49363,59781,36381,21977,43984,362
Total assets2,77,8422,49,7842,20,5732,25,4422,21,8442,23,5782,21,059
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash12,18711,95816,92713,77013,37411,3256,460
Net cash from operating activities16,7419,15118,26622,77719,16423,0746,694
Net cash from investing activities(11,380)(15,479)2,179(8,048)(3,585)(5,750)(8,408)
Net cash from financing activities(2,156)6,557(25,413)(11,572)(15,181)(15,274)6,372
Net change in cash3,204228(4,968)3,1563972,0494,658
Closing cash20,84822,96515,35822,52018,95316,24215,118
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+11.8%+15.7%+20.6%+17.1%+15.1%-6.5%-
EBITDA growth+2.4%+11.8%+11.3%+8.8%+22.2%-18.9%-
PBT growth+10.2%+14.9%+19.9%+18.0%-14.3%+20.1%-1.5%
Net income growth+6.8%+28.1%+19.4%+24.3%-42.8%+47.9%-
Revenue CAGR (3Y)+16.0%+17.8%+17.6%+8.0%+5.0%+4.4%+10.0%
EBITDA CAGR (3Y)+9.4%+10.8%+13.9%+2.5%+2.1%+0.2%+14.5%
Profitability & leverage
Net income margin+6.7%+6.9%+7.0%+6.9%+6.6%+9.5%+7.4%
Return on capital employed+14.7%+15.4%+14.5%+12.6%+11.3%+10.7%+12.5%
Return on net worth+18.5%+19.2%+17.7%+14.7%+13.0%+21.7%+16.8%
Debt / equity1.251.351.351.431.621.902.03
Long-term debt / equity0.610.640.690.730.911.141.19
Interest cover33.2234.3436.9341.1643.2269.1249.89
Efficiency & per share
Fixed asset turnover4.754.013.693.182.772.483.56
Inventory turnover33.2435.7932.8828.7126.6123.5123.92
Debtors turnover5.014.994.734.043.543.283.75
EPS (₹)116.92109.3495.0074.5061.7082.4768.02
Dividend per share (₹)38.0034.0034.0024.0022.0036.0018.00
Book value per share (₹)794.46710.12628.23635.55586.51540.16475.27
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue43,58436,02447,19137,90335,11633,47142,32934,984
Revenue growth (YoY)+24.1%+7.6%+11.5%+8.3%+0.6%+10.6%--
Other income2,4784,0941,5032,1761,0742,6061,6711,195
Total expenses41,19234,10943,10035,84838,20931,08038,57132,101
EBITDA2,3911,9154,0912,055(3,093)2,3913,7582,883
EBITDA margin+5.5%+5.3%+8.7%+5.4%-8.8%+7.1%+8.9%+8.2%
Depreciation465477521496486483487489
Interest405352374351476474503543
Profit before tax4,0005,1804,6983,385(2,982)4,0404,4393,047
Tax6297251,137553609555930642
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,53,6801,42,5091,26,2331,10,5011,01,00087,25582,384
Revenue growth+7.8%+12.9%+14.2%+9.4%+15.8%+5.9%-
Other income7,3586,1445,9164,0353,88012,0114,073
Total expenses1,48,1541,30,8341,16,5611,01,13091,86781,68775,444
Employee cost11,60310,3809,0408,2987,3976,3985,956
EBITDA5,52611,6759,6729,3719,1335,5686,940
EBITDA margin+3.6%+8.2%+7.7%+8.5%+9.0%+6.4%+8.4%
Depreciation1,9851,9631,7531,3721,1721,1511,021
Interest1,7582,2822,4872,2011,8322,4592,368
Profit before tax9,14113,57411,3489,83310,00913,9697,624
Tax2,8542,7032,0171,9842,1292,171944
Net profit10,81411,6408,7228,0957,27413,7236,214
Net profit margin+7.0%+8.2%+6.9%+7.3%+7.2%+15.7%+7.5%
EPS (₹)45.7079.0567.8855.8456.0884.0047.58
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital275275275281281281281
Reserves & surplus74,25871,62164,24171,24766,83361,45751,895
Shareholders' funds (net worth)74,53371,89664,51671,52867,11461,73852,175
Secured loans0.001,10025.000.361,3811,3812,169
Unsecured loans12,65821,19522,78718,33819,09523,28423,773
Total debt12,65822,29522,81218,33920,47724,66425,942
Total liabilities88,30695,11888,13091,61788,38987,15278,908
Assets
Gross block24,44022,09920,52217,75016,04615,21812,665
Net block12,24111,25411,1199,7569,1139,1657,840
Capital work in progress1,4711,1391,4241,955583287797
Investments56,60657,64247,46347,26145,52849,41434,034
Inventories3,6913,3993,5213,4293,1332,8782,770
Sundry debtors45,33038,33036,96133,15336,34733,33227,913
Cash & bank balances7,5444,3474,7714,5706,4994,1763,938
Loans & advances72,13461,55161,87660,82457,56152,62854,955
Total current assets1,28,7001,07,6271,07,1291,01,9751,03,54093,01289,576
Total current liabilities1,19,83391,29887,63480,80780,11372,76362,648
Net working capital8,86716,32919,49421,16823,42620,24926,928
Total assets88,30695,11888,13091,61788,38987,15278,908
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash3,5843,9413,8045,7183,5253,4432,724
Net cash from operating activities21,92812,7038,2977,2645,9999,561(121)
Net cash from investing activities(2,658)(6,348)6,362(1,738)4,555(2,780)(6,834)
Net cash from financing activities(16,701)(6,712)(14,522)(7,441)(8,360)(6,698)7,419
Net change in cash2,569(357)137(1,916)2,19382.25464
Closing cash7,5444,3474,7714,5706,4994,1763,938
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+7.8%+12.9%+14.2%+9.4%+15.8%+5.9%-
EBITDA growth-52.7%+20.7%+3.2%+2.6%+64.0%-19.8%-
PBT growth-32.7%+19.6%+15.4%-1.8%-28.4%+83.2%-21.9%
Net income growth-7.1%+33.5%+7.8%+11.3%-47.0%+120.8%-
Revenue CAGR (3Y)+11.6%+12.2%+13.1%+10.3%+7.1%+5.4%+7.8%
EBITDA CAGR (3Y)-16.1%+8.5%+20.2%+10.5%+5.7%-9.4%+8.1%
Profitability & leverage
Net income margin+4.1%+7.6%+7.4%+7.1%+7.8%+13.5%+8.1%
Return on capital employed+19.1%+17.3%+15.4%+13.4%+13.5%+11.5%+14.1%
Return on net worth+14.8%+15.9%+13.7%+11.3%+12.2%+24.1%+13.1%
Debt / equity0.240.330.300.280.350.440.37
Long-term debt / equity0.130.160.160.160.230.210.11
Interest cover49.6523.5031.4127.5223.0255.6740.01
Efficiency & per share
Fixed asset turnover6.606.696.606.546.466.266.38
Inventory turnover43.3541.1936.3333.6833.6130.9026.93
Debtors turnover3.673.793.603.182.902.852.94
EPS (₹)45.7079.0567.8855.8456.0884.0047.58
Dividend per share (₹)38.0034.0034.0024.0022.0036.0018.00
Book value per share (₹)541.80522.80469.33508.91477.66439.56371.65

To see the full year-wise statements and ratios of Larsen and Toubro Limited, buy the company report.

Board of directors of Larsen and Toubro Limited

Larsen and Toubro has 16 current directors and 43 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sekharipuram Narayanan Subrahmanyan
Also directs: L&T Finance Limited, LTM Limited, L&T Semiconductor Technologies Limited and 5 more
Managing Director01 Oct 201511 Years 1 MonthsCurrent
Subramanian Sarma
Also directs: L&T Electrolysers Limited, L&T Energy Green Tech Limited, L&T Valves Limited
Whole-Time Director19 Aug 201511 Years 2 MonthsCurrent
Pramit Shashikant Jhaveri
Also directs: Bajaj Finance Limited, Bajaj Finserv Limited, Taurus Trading Pvt Ltd and 2 more
Director01 Apr 20224 Years 7 MonthsCurrent
Ramamurthi Shankar Raman
Also directs: L&T Finance Limited, LTM Limited, L&T Semiconductor Technologies Limited and 5 more
Whole-Time Director01 Oct 201115 Years 1 MonthsCurrent
Sudhindra Vasantrao Desai
Also directs: L&T Himachal Hydropower Limited, International Seaport Dredging Private Limited
Whole-Time Director11 Jul 20206 Years 3 MonthsCurrent
Tharayil Madhava Das
Also directs: Vyoma.Ai Limited
Whole-Time Director11 Jul 20206 Years 3 MonthsCurrent
Showing 6 of 16 current directors. View all directors

Auditor

Larsen and Toubro Limited is audited by M S K A & Associates LLP for the financial year 2026.

Auditor firmFinancial yearFirm registration number
M S K A & Associates LLPFY 2026105047W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 0.00%, foreign institutional investors hold 19.10%, domestic institutional investors hold 43.30% and retail and other public shareholders hold 37.60%.

DII (Domestic Institutional): 43.30%FII (Foreign Institutional): 19.10%Retail & Others: 37.60%
Sep 2026
QUARTER
43.30% DII (Domestic Institutional)
19.10% FII (Foreign Institutional)
37.60% Retail & Others
Public holding - history
Now 100.00% · Sep 2026High 100.00% · Dec 2025Low 100.00% · Dec 2025
99%99.3%99.5%99.8%100%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 100.00%Mar 2026: 100.00%Jun 2026: 100.00%Sep 2026: 100.00%100.00%100.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters0.00%0.00%0.00%0.00%
Public100.00%100.00%100.00%100.00%

Charges & borrowings

Open charges
₹31,118 Cr
Satisfied charges
₹3,61,569 Cr
Breakdown by lending institutions
Sbicap Trustee Company Limited₹30,455.00 Cr
The Industrial Credit and Investment Corporation of India₹200.00 Cr
Uti Bank Ltd₹120.00 Cr
Canara Bank₹103.19 Cr
Life Insurance Corporation of India₹50.00 Cr
Others₹189.31 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Sep 2025101165075Sbicap Trustee Company Limited₹30,455 CrOpen
12 Jun 200190213721Export Import Bank of India₹4 CrOpen
28 Mar 200090214796Uti Bank Ltd₹120 CrOpen
18 Dec 199790213119Export Import Bank of India₹1.03 CrOpen
29 May 199790215547Life Unsurance Corporation Uf India₹5 CrOpen

To see the full charge records of Larsen and Toubro Limited, buy the company report.

Total charge records: 228 View all charges

Deals & funding

Larsen and Toubro Limited has 75 deals on record (66 market trades, 7 acquisitions, 1 funding round), with disclosed funding of ₹3,372.8 Cr; the latest was in June 2026.

Total deals
75
Market trades
66
Acquisitions
7
Funding round
1
Debt financing
1
Disclosed funding
₹3,372.8 Cr

Deals on record (5 of 75)

WhenDealAmountParties
Sep 2025Market trade₹99.84 CrBuyer: Pi Opportunities Aif V LLP
Seller: Premjiinvest
Jun 2025Market trade₹100.06 CrBuyer: Pi Opportunities Aif V LLP
Seller: Premjiinvest
Nov 2024Market trade₹720.56 CrBuyer: Pi Opportunities Aif V LLP
Seller: Premjiinvest
Jan 2023Acquisition₹800 CrBuyer: L&T Technology Services Limited
Seller: Larsen and Toubro Limited
May 2021Acquisition₹198 CrBuyer: Mindtree Limited
Seller: Larsen and Toubro Limited

To see the full deal history of Larsen and Toubro Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Larsen and Toubro Limited was last rated by Crisil on 23 Oct 2020.

Rating agencyRated onRating
Crisil23 Oct 2020

To see the full credit ratings and regulatory alerts of Larsen and Toubro Limited, buy the company report.

MSME payment delays

Larsen and Toubro Limited has 41 MSME Form 1 returns on record between 2014 and 2024, listing 7,730 overdue payments to 1,357 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 1,357)

SupplierAmount dueDue sinceReported on
New Generation Tools
Eby Fasteners
Maruti Enterprises
Vij Engineers and Consultants Private Limited
Aprile India Private Limited

To see the full MSME payment records of Larsen and Toubro Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Larsen and Toubro has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Bhilai Power Supply Company LimitedU74899DL1995PLC070704

To see the full group structure of Larsen and Toubro Limited, buy the company report.

Employees & EPFO

Larsen and Toubro Limited has a workforce of 227,044 employees on its EPFO records as of Dec 03, 2025, across 28 active EPFO establishments.

Employee count
227,044
Active EPFO establishments
28
Employee growth
2.12%

GST

Larsen and Toubro has 223 GST registrations: 193 active and 30 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
223
Active
193
Cancelled / inactive
30
GSTINStateStatusRegistered on
27AAACL0140P1ZJMaharashtraActive01 Jul 2017
27AAACL0140P2ZIMaharashtraActive01 Jul 2017
27AAACL0140P3ZHMaharashtraActive01 Jul 2017
27AAACL0140P4ZGMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Larsen and Toubro Limited, buy the company report.

Recent activity

Larsen and Toubro Limited has 59 board changes on record since 2006: 16 appointments and 43 cessations. The latest: Vijay Sankar was appointed as Director on 27 May 2026.

AGM
Larsen And Toubro Limited last Annual general meeting of members was held on 05 Jun 2026 as per latest MCA records.
Appointed
Vijay Sankar was appointed as Director.
Filing
Larsen And Toubro Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Appointed
Amitabh Kant was appointed as Director.
Appointed
Santhanam was appointed as Director.
Charges
A charge registered on 18 Nov 1993 via Charge ID 90212421 with State Bank Of India was fully satisfied on 15 Oct 2025.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 30,455.00 Cr with Charge ID 101165075 was registered on 12 Sep 2025.
Charges
A charge registered on 28 Sep 1993 via Charge ID 90212401 with Industrial Development Ba Nk Of India was fully satisfied on 25 Aug 2025.
Charges
A charge registered on 20 Nov 1991 via Charge ID 90215304 with Industrial Development Bank Of India was fully satisfied on 25 Aug 2025.
Charges
A charge registered on 28 Feb 1991 via Charge ID 90212160 with Industrial Development Bank Of India was fully satisfied on 25 Aug 2025.
Charges
A charge registered on 07 May 1990 via Charge ID 90212068 with Industrial Development Bank Of India was fully satisfied on 25 Aug 2025.
Charges
A charge registered on 27 Nov 1989 via Charge ID 90212007 with Idbi was fully satisfied on 25 Aug 2025.

542 earlier events are in the company report.

News

L&T: Aims To Accelerate Revenue Growth At Its Services Arms LTM And LTTS To Over 15%, Compared With The Current 10–11%, Targeting Stronger Business Expansion. - Newspaper
02 Nov 2026 · Exchange Update
L&T: Co Wins Significant Contract; Significant Contract Values Between 10B To 25B Rupees
02 Nov 2026 · Exchange Update
Larsen & Toubro: Co Extends Deadline For Business Deal With Vyoma.AI Limited To March 31, 2027.
31 Oct 2026 · Exchange Update
L&T: Targets Doubling Order Book By 2031 Through Global Expansion And Construction Automation
29 Oct 2026 · Exchange Update
Larsen & Toubro: CLSA on Larsen & Toubro Maintains Outperform, Target Price Rs 4,842; Q2 beat expectations on orders, execution and working capital, although margins missed. E&C execution rose 22% YoY, led by growth in the Middle East and India, while the US$90bn backlog grew 28%; FY27 guidance remains 10–12% growth in orders and execution with flat margins.
28 Oct 2026 · Exchange Update
Larsen & Toubro: Macquarie on Larsen & Toubro Maintains Outperform, Target Price Rs 4,710; Q2 revenue and PAT grew 16% and 33% YoY, while EBITDA remained flat as margins contracted 130bps to 8.7% on higher costs. Record order intake and backlog each grew 28%, led by international orders; management retained FY27 guidance despite Gulf-region challenges.
28 Oct 2026 · Exchange Update

From our blog

Frequently asked questions

Larsen and Toubro is an active public limited company based in Mumbai, Maharashtra, India. The company works in the engineering industry. It was incorporated on 07 February 1946 (80+ years old) and is registered under CIN L99999MH1946PLC004768. Listed on BSE: 500510 and NSE: LT.

Larsen and Toubro reported revenue of ₹2,85,874 Cr for FY 2025-26 (up 11.8% YoY) based on consolidated financials.

Larsen and Toubro has 16 current directors:

The latest financial statements of Larsen and Toubro on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 05 June 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Larsen and Toubro is 27AAACL0140P1ZJ, registered in Maharashtra. The company has 223 GST registrations in all, of which 193 are active and 30 are cancelled or inactive. Other active GSTINs include 27AAACL0140P2ZI (Maharashtra), 27AAACL0140P3ZH (Maharashtra), 27AAACL0140P4ZG (Maharashtra).

The CIN (Corporate Identification Number) of Larsen and Toubro is L99999MH1946PLC004768. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Larsen and Toubro is a listed company as per MCA records. Its shares are listed on both BSE (code: 500510) and NSE (symbol: LT).

Larsen and Toubro has 4,769 court cases on record: 2,544 filed by the company and 2,230 filed against it. 665 are pending. Most are in the high courts.

Larsen and Toubro was incorporated on 07 February 1946, making it 80+ years old. It is registered with the Registrar of Companies, Mumbai.

Larsen and Toubro has 75 deals on record (66 market trades, 7 acquisitions, 1 funding round), with disclosed funding of ₹3,372.8 Cr; the latest was in June 2026.

Vijay Sankar was appointed as Director on 27 May 2026. Amitabh Kant was appointed as Director on 29 Oct 2025. Santhanam was appointed as Director on 29 Oct 2025. Larsen and Toubro has 59 board changes on record in total.