Larsen & Toubro Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Larsen & Toubro Limited's yearly results (2023–2026), compared with Industrials companies in India. Tap ? on any ratio for what it means.
What stands out
- Cash Locked Ratio: Money owed to suppliers is larger than money owed by customers plus stock: ₹7 per ₹100 of sales comes from others' credit, against ₹6 from others' credit three years earlier. Less money tied up than 95% of Industrials companies in India.
- Steadiness Ratio: Sales and profit both grew in each of the last 3 years. Steadier than 86% of Industrials companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹100Over the last 3 years, every ₹100 of reported profit came with ₹100 of operating cash.
Higher than 62% of Industrials companies in India.
Self-Funding Ratio
3.2×Over the last 3 years its own operating cash covered its investment spending (capex) 3.2 times.
Higher than 82% of Industrials companies in India.
Cash Locked Ratio
−₹7Money owed to suppliers is larger than money owed by customers plus stock: ₹7 per ₹100 of sales comes from others' credit, against ₹6 from others' credit three years earlier.
Less money tied up than 95% of Industrials companies in India.
Growth quality
Steadiness Ratio
3/3 · 3/3Sales and profit both grew in each of the last 3 years.
Steadier than 86% of Industrials companies in India.
Growth Efficiency Ratio
₹5Sales grew 56% in 3 years; of every extra ₹100 of sales, ₹5 became extra profit.
Lower than 64% of Industrials companies in India.
Asset Productivity Ratio
+56% / +37%In 3 years sales changed by +56% while total assets changed by +37%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
0.3×Debt due within a year is covered 0.3 times by its yearly operating cash.
Lower than 61% of Industrials companies in India.
Cash Cushion Ratio
−10%Debt, after subtracting cash, equals 10% of its market value (net debt).
Lower than 63% of Industrials companies in India.
Tangible Assets Ratio
98%Of every ₹100 the company owns, ₹98 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 73% of Industrials companies in India.
Tangible Net Worth Ratio
90%Of every ₹100 of net worth, ₹90 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 80% of Industrials companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Larsen & Toubro Limited owes ₹0.72 for every ₹1 it owns. Net profit rose 7% in the year to Mar 2026, and grew 15% a year on average over 3 years.
Compared with Industrials companies in India · latest annual results Mar 2026.
P/E ratio
30.2Investors pay ₹30.2 for every ₹1 of Larsen & Toubro Limited's yearly profit, higher than 58% of Industrials companies in India.
P/B ratio
4.58The share price is 4.58 times Larsen & Toubro Limited's book value per share, higher than 65% of Industrials companies in India.
Market cap
₹500,581 CrThe total market value of all of Larsen & Toubro Limited's shares at today's price (share price × number of shares), larger than almost all Industrials companies in India. PosiCap size class: Tito Cap.
Net worth (book value)
₹109,290 CrWhat Larsen & Toubro Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹794.33Net worth divided by the number of shares. The share price of ₹3,638 is 4.6 times this, which is the P/B above.
Return on equity (ROE)
15.2%Larsen & Toubro Limited earned 15.2% on its shareholders' money over the last year, higher than 66% of Industrials companies in India.
Owes vs Owns
0.72×Larsen & Toubro Limited owes ₹0.72 for every ₹1 it owns (moderate), higher than 92% of Industrials companies in India.
Dividend yield
1.03%Larsen & Toubro Limited pays 1.03% of its share price as dividends a year, higher than 75% of dividend-paying Industrials companies in India.
Revenue growth
+12%Revenue rose 12% in the year to Mar 2026, and grew 16% a year on average over 3 years.
Profit growth
+7%Net profit rose 7% in the year to Mar 2026, and grew 15% a year on average over 3 years.
Profit margin
5.7%Larsen & Toubro Limited keeps ₹6 of every ₹100 of revenue as net profit.
Cash quality
1.04×Cash from Larsen & Toubro Limited's business was 1.04× its reported profit in the year to Mar 2026 — its profit turned into cash.
Interest cover
9.5×Larsen & Toubro Limited's operating profit covered its interest costs 9.5 times in the year to Mar 2026.
Cash vs debt
Net debtLarsen & Toubro Limited had ₹48,872 Cr more debt than cash (net debt) at Mar 2026.
Questions
What is Larsen & Toubro Limited's P/E ratio?
Investors pay ₹30.2 for every ₹1 of Larsen & Toubro Limited's yearly profit, higher than 58% of Industrials companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Larsen & Toubro Limited: ₹500,581 Cr ÷ ₹109,290 Cr (31 Mar 2026) = 4.6.
What is Larsen & Toubro Limited's return on equity?
Larsen & Toubro Limited earned 15.2% on its shareholders' money over the last year, higher than 66% of Industrials companies in India.
How much does Larsen & Toubro Limited owe compared with what it owns?
Larsen & Toubro Limited owes ₹0.72 for every ₹1 it owns (moderate), higher than 92% of Industrials companies in India.
Does Larsen & Toubro Limited pay a dividend?
Yes. Larsen & Toubro Limited pays 1.03% of its share price as dividends a year, higher than 75% of dividend-paying Industrials companies in India.
Is Larsen & Toubro Limited's revenue growing?
Revenue rose 12% in the year to Mar 2026, and grew 16% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.