Rs 5,64,223 Crore Order Book: Large-cap Engineering Giant Secures Rs 2,500 Crore to Rs 5,000 Crore Large Orders in Power Transmission, Including Projects in India, Saudi Arabia, and the UAE
The company has a 1-year return of -7.5 per cent and a 3-year return of 94.98 per cent.
Larsen & Toubro Limited (L&T) has announced significant new orders for its Power Transmission & Distribution (PT&D) business, both domestically and internationally. The company has secured a contract to establish a 765kV Gas Insulated Substation in western India, alongside a turnkey project for a transmission line in the same region. Internationally, L&T has been awarded contracts in Saudi Arabia for two 380kV overhead lines, totalling over 130 route kilometres, aimed at enhancing power reliability around Riyadh. Additional orders include the construction and commissioning of GIS substations in the UAE and Qatar, as well as further projects in India and Oman.
These developments highlight the ongoing investment in grid infrastructure and reflect the strong confidence customers place in L&T's capabilities. The company's robust approach and commitment to quality have cemented its leadership in the engineering and construction sectors over the past eight decades.
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Larsen & Toubro Ltd is a prominent multinational conglomerate engaged in providing engineering, procurement, and construction (EPC) solutions across various sectors, including Infrastructure, Hydrocarbon, Power, and Defence. The Infrastructure segment, contributing 51 per cent of revenues, is the company's core business, encompassing engineering and construction of buildings, transportation infrastructure, and power transmission. The Hydrocarbon segment, accounting for 13 per cent of revenues, offers comprehensive EPC solutions for the global oil and gas industry.
L&T's Power segment provides turnkey solutions for thermal power plants, while the Defence Engineering segment focuses on equipment and systems for defence and aerospace. The company also has a significant presence in Information Technology and Financial Services, with IT contributing 25 per cent of revenues. L&T's order book reached a record high of approximately Rs 4 trillion in FY23, with a 19 per cent increase in order inflow compared to the previous year. The company aims to achieve group revenues of Rs 2.7 lakh crore by FY 2025-26.
As of April 01, 2025, Larsen & Toubro's stock is priced at Rs 3445. The 52-Week High is Rs 3947.8, and the 52-Week Low is Rs 3164.75. Larsen & Toubro's market capitalisation stands at Rs 480,080 crore. The company has a 1-year return of -7.5 per cent and a 3-year return of 94.98 per cent.
As per the filing, the large order accounts for the work order worth Rs 2,500 crore to Rs 5,000 crore.
Larsen & Toubro has a market capitalisation of Rs 4,70,205 crore. The stock has delivered a 1-year return of -4.64 per cent and a 3-year return of 90.69 per cent. With a PE ratio of 33.9, the company trades at a premium compared to the industry PE of 32.1. The company has a ROCE of 13.4 per cent and an ROE of 14.7 per cent.
Investors must keep this Large-Cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.