L&T share value jumped over 4% in early commerce on Friday after the corporate reported its This fall outcomes. The rally in L&T share value comes regardless of broader weak point within the Indian inventory market as a result of ongoing navy battle between India and Pakistan. L&T shares gained as a lot as 4.72% to ₹3,477.55 apiece on the BSE.
The engineering and development main Larsen & Toubro (L&T) reported a consolidated internet revenue of ₹5,497 crore within the fourth quarter of FY25, registering a development of 25% from ₹4,396 crore within the year-ago quarter.
The corporate’s income from operations in Q4FY25 elevated 11% to ₹74,392 crore from ₹67,079 crore, year-on-year (YoY).
EBITDA in the course of the March quarter rose 13% to ₹8,203 crore from ₹7,234 crore within the 12 months in the past interval, whereas EBITDA margin improved by 20 foundation factors (bps) to 11% from 10.8%, YoY.
L&T received orders of ₹356,631 crore on the group stage in the course of the monetary 12 months ended March 31, 2025, registering a YoY development of 18%. Worldwide orders stood at ₹207,478 crore in the course of the 12 months and comprised 58% of the entire order influx.
The order influx in Q4FY25 stood at ₹89,613 crore, up 24% YoY. Worldwide orders at ₹62,739 crore in the course of the March 2025 quarter constituted 70% of the entire.
L&T’s board additionally advisable a dividend of ₹34 per fairness share for the monetary 12 months ended March 31, 2025. L&T dividend report date has been mounted as on June 3, 2025.
Must you purchase L&T shares?
In line with Ashwani Sharma, Senior Analysis Analyst at Emkay World Monetary Providers Ltd., L&T’s resilient This fall outcomes replicate in its well-diversified vary of engineering and manufacturing capabilities in addition to publicity to a number of geographies and end-customers.
Nevertheless, slowdown in execution and delay so as influx conversion because of geopolitical tensions stay key near-term issues.
“We decrease our earnings by 7-8% for FY26/27E, by constructing in decrease EBITDA margin owing to decrease near-term profitability within the hydrocarbon enterprise and elevated fixed-price order backlog, from 42% to 46%. L&T is buying and selling at core P&M a number of of 25x/20x FY26E/27E EPS, and gives a pretty risk-reward, in our view, given sturdy EPS CAGR (+23%) over FY25-27E, sturdy return profile with RoE transferring towards 19% in FY27E, and strong money flows and steadiness sheet,” Sharma.
L&T’s present a number of is at a reduction to the historic common (23x), and is engaging versus broader industrial/infra area, whereas providing sturdy earnings development and better RoE, he added.
The brokerage agency maintained a ‘Purchase’ ranking on L&T shares, and minimize the goal value by 12% to ₹4,000 apiece for March 2026.
AT 9:35 AM, L&T share value was buying and selling 3.23% greater at ₹3,428.00 apiece on the BSE.
Disclaimer: The views and suggestions made above are these of particular person analysts or broking firms, and never of Mint. We advise buyers to verify with licensed consultants earlier than making any funding selections.
