Synopsis :- Large-cap Infra stock is in focus today after receiving multiple domestic orders under a large category of project classification.
A Large-cap company that is primarily engaged in providing engineering, procurement and construction (EPC) solutions, is in the spotlight after receiving multiple domestic orders ranging between 2500 to 5000 cr.
With the market capitalization of Rs. 5,39,355.51 crore, the shares of Larsen & Toubro Limited are trading at Rs. 3,923, up by 0.11 percent from its previous day’s close price of Rs. 3,918.70. It has touched an intraday high of Rs. 3,939.90 in today’s trading session, implying up by 0.54 percent from previous close price.
Work Order
Larsen & Toubro’s Minerals & Metals (M&M) business has recently secured multiple orders in India. It won a major contract from Hindalco to build a 180 KTPA Aluminium Smelter and Gas Treatment Centre (GTC) for a greenfield project in Odisha, covering civil, structural, engineering, procurement, construction, and plant installation. L&T has been a long-term partner of Hindalco for over 30 years.
Additionally, M&M secured an order from Tata Steel, Jamshedpur, to set up a 1 MTPA Coke Oven Battery 6 A/B, including engineering, manufacturing, supply, construction, and installation. The Product Business Unit also received several orders across India for mining and material handling equipment, including stacker reclaimers, wagon tipplers, crushers, and surface miners. The total order value falls within the Large category, ranging from Rs. 2,500 – 5,000 crore.
Management View
According to T Kumaresan, Senior Vice President & Head, Minerals & Metals, L&T, recent order wins in the aluminium and steel sectors highlight the company’s engineering excellence, execution capabilities, and strong customer relationships. L&T’s Minerals & Metals division provides end-to-end EPC solutions across mining, steel, cement, fertilisers, and ports, reinforcing its industrial infrastructure role.
About the Company
Larsen & Toubro Limited (L&T), founded in 1938 and headquartered in Mumbai, is a diversified EPC and technology company operating in India and internationally. Its business spans infrastructure and energy projects, hi-tech manufacturing, IT and technology services, financial services, and development projects, offering solutions across construction, power, defense, aerospace, green energy, and realty.
A return on equity (ROE) of about 16.6 percent, a return on capital employed (ROCE) of about 14.5 percent and debt to equity ratio of 1.36 demonstrate the company’s financial position. At the moment, the company’s P/E ratio is 34.7x higher as compared to its industry P/E 21.7x.
In Q1 FY26, the company reported a revenue of Rs. 63,679 crore, up 15.5 percent YoY from Rs. 55,120 crore in Q1 FY25 but down 14.4 percent QoQ from Rs. 74,392 crore in Q4 FY25. Profit for the quarter stood at Rs. 4,318 crore, rising 25.3 percent YoY from Rs. 3,445 crore in Q1 FY25, while declining 29.8 percent QoQ from Rs. 6,156 crore in Q4 FY25, reflecting strong yearly growth despite seasonal quarter-on-quarter moderation.
Written by Akshay Sanghavi
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post Infra stock in focus after receiving multiple orders worth up to ₹5000 Cr appeared first on Trade Brains.