Research LT

LT

Larsen & Toubro Limited · NSE
HOLD
Report · May 8, 2026
12 AI Agents · Conflict-Free
12-Agent Consensus
2 BUY · 4 HOLD · 2 SELL
Bull Case
  • Revenue CAGR of 17.7% over 4 years driven by India's infrastructure boom.
  • 65% FCF collapse to ₹47,419 Cr; receivables ₹537K Cr with 9.2% doubtful.
Bear Case
  • Price at ₹4,023 is 4.3% above rising 200 SMA (₹3,859), long-term bullish.
  • Q4 net profit declined 3.1% YoY due to Middle East conflict disrupting projects.