The shares of this main EPC contract supplier are in focus after its water division bagged a major giant contract value upto Rs 2,500 crores. On this article, we’ll focus on extra on the main points of the order.
With a market capitalization of Rs 4,99,378 crores, the shares of Larsen & Toubro Ltd are at the moment buying and selling at Rs 3,631 per share, down by 8.38 % from its 52-week excessive of Rs 3,963.50 per share. Over the previous 5 years, the inventory has delivered a return of 279 %.
Larsen & Toubro’s Water & Effluent Remedy (WET) enterprise has introduced important EPC tasks from the Public Well being Engineering Division of Rajasthan below two main tasks.
The primary a part of the Rajasthan Rural Water Provide and Fluorosis Mitigation Venture – Section II, Package deal-1, consists of offering and putting in 5,251 km of transmission and distribution pipelines, 38 ground-level reservoirs (40 ML capability), 132 overhead service reservoirs (25 ML capability) and 20 pump homes. It’s anticipated to serve 285 villages and the cities of Surajgarh and Udaipurwati in Jhunjhunu district.
The second order is for strengthening the water provide system within the Kekri-Sarwar sector of Ajmer by the set up of 43 km of pipelines. Each tasks additionally embrace related electromechanical works, instrumentation, automation, SCADA methods, a 1-year defect legal responsibility interval, and 10 years of operations & upkeep.
Monetary Highlights
The corporate reported a income of Rs 2,55,734 crores in FY25, up by 15.65 % from its FY24 income of Rs 2,21,113 crores. Coming to its profitability, it reported a internet revenue development of 13.67 % to Rs 17,673 crores in FY25 from Rs 15,547 crores in FY24.
The inventory has delivered an ROE and ROCE of 16.55 % and 14.49 % respectively, and is at the moment buying and selling at a P/E of 32.81x as in comparison with its trade common of twenty-two.85x.
Larsen & Toubro Restricted (L&T) was based in 1938 and is headquartered in Mumbai, India. It’s a world engineering, development, and manufacturing firm. Its key segments embrace infrastructure tasks, power tasks, and hi-tech manufacturing. L&T additionally offers IT and expertise providers, monetary providers, and infrastructure growth, together with manufacturing industrial gear.
Written by Satyajeet Mukherjee
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