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Intrinsic value · Buy/Sell verdict · scores — free· 1049 Indian stocks· EOD 2026-07-29

Larsen & Toubro Limited

LTNSEIndustrials
₹3,931.4
+99.40 (+2.59%)
Strong Sell

Quality, valuation, momentum and financial trend all sit near 29/100 — no single factor dominates.

ExpensiveSolvency risk
The bottom line

Our blended model reads Larsen & Toubro Limited as a Strong Sell at 29/100. We put fair value near ₹3,223.62; at ₹3,931.4 that leaves roughly 18% downside, so the stock screens overvalued by 18%. On 35.7x trailing earnings it sits pricier than the Industrials median of about 29.0x. The price is about 10% below its 52-week high of ₹4,375.36 and 19% above the low of ₹3,310.07. Financial health scores 30/100, in the grey band on the Altman Z-score, with a Piotroski F-score of 5/9. The average analyst target of ₹4,513.81 implies about 15% upside across 31 analysts. It clears 3 of 13 investability checks, with durability 37, valuation 28 and momentum 33 on our 0–100 scales.

Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.

Intrinsic value
Our fair value
₹3,223.62down 18.00%
Overvalued by 18%
Price ₹3,931.4Range ₹1,965.7₹4,200.2
DCF + relative blendhigh confidence

With a 20% margin of safety, our buy-below price is ₹2,578.9.

Analyst views

31 analysts25 buy · 5 hold · 2 sell
12-month consensus target₹4,513.81up 14.81%

1-year price

EOD · 2026-07-29
1D
up 2.59%
1W
up 2.99%
1M
down 5.12%
3M
down 1.10%
6M
up 4.80%
1Y

52-week range

-10.15% from the 52-week high.

Trend check
Below 50-DMA₹3,991Below 200-DMA₹3,940

Price above both moving averages reads as an intact uptrend; below both, the trend is against you.

Verdict pillars

Strong Sell29
F
Financial health 30/100
Altman Z 2.18 · Grey zone

Piotroski F-score 5/9 — quality of earnings & balance sheet.

Our scores

Durability37
Valuation28
Momentum33

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Investability checklist

Passed 3 of 13 checks
Each check screens one fundamentals, valuation or trend signal.
  • Pass: ROE above 15%: 17.0%
  • Fail: Low debt (D/E < 0.5): 0.98x
  • Pass: Positive free cash flow
  • Pass: Revenue growth > 10%: 12%
  • Fail: Earnings growing: -35%
  • Fail: Net margin ≥ 10%: 5.5%
  • Fail: Current ratio > 1.5: 1.25
  • Fail: Below our fair value
  • Fail: Margin of safety ≥ 20%
  • Fail: Above 200-day average
  • Fail: Above 50-day average
  • No data: Positive 1-year return
  • Fail: Altman Z in safe zone: Z 2.18
  • Fail: Piotroski ≥ 7: 5/9

Quarterly results

Revenue · 1Q2026
₹82,762 Cr
Net profit
₹5,289 Cr
Margin
6%
2Q2025
3Q2025
4Q2025
1Q2026
Revenue Net profitLatest revenue QoQ +16%

Annual financials

Revenue · 2026
₹2.86 L Cr
Net profit
₹17,238 Cr
Margin
6%
2023
2024
2025
2026
Revenue Net profitLatest revenue YoY +12%

Shareholding

  • Promoter18.1%
  • Institutions49.4%
  • Public & other32.5%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹5.75 L Cr
P/E ratio
35.7
P/B ratio
5.26
EPS (TTM)
₹117.02
ROE
17.0%
Debt / Equity
0.98x
Profit margin
5.5%
Free cash flow
₹26,195 Cr
52-week high
₹4,375.36
-10.15% from high
52-week low
₹3,310.07
Dividend yield
0.9%
Beta
0.46
SWOT snapshot

Bull case vs bear case

Bear case

Weaknesses

  • Price below its 200-day moving average (downtrend).

Threats

  • Earnings contracting year on year.
  • Rich valuation versus sector peers.

About Larsen & Toubro Limited

Larsen & Toubro Limited engages in engineering, procurement, and construction projects (EPC) in India and internationally. The company operates through four segments: Infrastructure Projects, Energy Projects, Hi-Tech Manufacturing, and Others. The Infrastructure Projects segment is involved in the engineering and construction of building and factories, transportation infrastructure, heavy civil infrastructure, power transmission & distribution, renewables, water and effluent

Larsen & Toubro Limited — frequently asked questions

Is Larsen & Toubro Limited a buy, hold or sell?

StocksWizard currently rates Larsen & Toubro Limited (LT) a Strong Sell, based on a blended score of 29/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.

What is Larsen & Toubro Limited's fair value?

Our blended DCF and relative-valuation model estimates Larsen & Toubro Limited's fair value at about ₹3,223.62, versus a current price of ₹3,931.4 — roughly 18% downside. On that basis the stock looks overvalued by 18%.

Is Larsen & Toubro Limited financially healthy?

Larsen & Toubro Limited scores 30/100 on our financial-health model, placing it in the grey band on the Altman Z-score, with a Piotroski F-score of 5/9.

How has Larsen & Toubro Limited's share price performed?

Larsen & Toubro Limited is down 1% over three months, and last traded at ₹3,931.4. Past performance doesn't predict future returns.

Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.