Larsen & Toubro (LT)

Cyclical

FairStock Score: 49/100 — MIXED

Score breakdown: P/E: 0/3 · ROCE: 1/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

Current Price₹4,057
Market Cap₹5,58,188.88 Cr
P/E Ratio33.67
ROCE14.49%
ROE18.72%
Dividend Yield0.94%
Profit Growth14%
Debt/Equity0.98
Sales Growth8.1%
Free Cash Flow₹-6,328 Cr
Promoter Holding0%
52-Week Range₹3,288.1 — ₹4,440
SectorConstruction
Book Value₹794.47

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Here is what you need to know about Larsen & Toubro. This is a large, liquid civil-construction company with a market cap around Rs 5.58 lakh crore. The stock trades near Rs 4,057, but the Graham Number is only about Rs 1,399.90. That means it is almost 190 percent above a conservative value measure. The P/E is 33.67, P/B is 5.11, and PEG is over 4, so valuations are very rich. The fundamentals are not bad: sales grew 8.1 percent, profit grew 14 percent, ROE is 18.72 percent, and ROCE is 14.49 percent. But debt-to-equity is about 0.98 and free cash flow is negative around Rs 6,328 crore. For a cyclical company, that combination is uncomfortable.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer