Larsen & Toubro (LT)
CyclicalFairStock 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 Ratio | 33.67 |
| ROCE | 14.49% |
| ROE | 18.72% |
| Dividend Yield | 0.94% |
| Profit Growth | 14% |
| Debt/Equity | 0.98 |
| Sales Growth | 8.1% |
| Free Cash Flow | ₹-6,328 Cr |
| Promoter Holding | 0% |
| 52-Week Range | ₹3,288.1 — ₹4,440 |
| Sector | Construction |
| 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