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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Larsen and Toubro Limited is an India-based multinational company, which is engaged in engineering, procurement, and construction (EPC) projects, hi-tech manufacturing and services. The Company's segments include Infrastructure Projects, Energy Projects, Hi-Tech…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, steadily growing business, fairly priced.
Larsen & Toubro is scored on the general / industrial framework. It keeps a slim 6.6% of every rupee of sales as net profit. Cash broadly tracks reported profit (CFO/PAT 0.87×). Free cash flow is worth about 0.9% of its market value.
Over the last 3 years revenue compounded at 16%/yr and profit at 15%/yr. Book value has grown 8%/yr. Return on equity is a healthy 15.8%. In the latest quarter profit fell 21% versus the prior quarter.
At 35× earnings, the stock sits at the 45th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~13%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 27.12 | 22.25 | worse |
| P/B | 5.01 | 2.6 | worse |
| EV/EBITDA | 15.87 | 30.35 | better |
| ROE | 15.81 | 6.19 | better |
| ROCE | 15 | 29.33 | worse |
| ROA | 4.34 | 3.28 | better |
| Quick Ratio | 1.21 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| RVNL | 44.7 | 4.1 | 8.9% |
| ACME Solar Holdings | 36.9 | 3.3 | 9.1% |
| ITD Cementation India | 39.4 | 6.1 | 23.8% |
Revenue has grown every year across all 4 financial years shown. 16% CAGR over 3 years — steady double-digit compounder.
Net profit has risen every year — the hallmark of a compounder.
Operating margins have been stable around 9% — no major structural shift.
ROE at 15% — a respectable return on shareholder capital. Low variance across years — a predictable business that earns steadily on its equity base.
EPS has grown every year — each share earns more than the last, consistently. 16% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 17% QoQ — could be seasonality or a genuine slowdown. Run-rate stepping up — recent quarters average 9% above earlier ones.
Profit fell 21% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.