LTO Intrinsic Valuation and Fundamental Analysis - Larsen and Toubro Ltd

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Price: 35.2 EUR 1.73% Market Closed

Market Cap: €28B

L	Larsen and Toubro Ltd SWB:LTO	IN
C	China Everbright Ltd XMUN:EVI	HK
I	Itron Inc F:IT6	US
S	SoftBank Group Corp OTC:SFTBF	JP

Intrinsic Value

There is not enough data to reliably calculate the intrinsic value for Larsen and Toubro Ltd.

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Fundamental Analysis

What Larsen and Toubro Does

Construction Industrials

Larsen & Toubro Ltd., often abbreviated as L&T, stands as a towering figure in the realm of engineering and construction, with its roots grounded in the tumult and opportunity of a young, independent India. Founded in 1938 by two Danish engineers, Henning Holck-Larsen and Søren Kristian Toubro, the company evolved from a business dealing in dairy equipment to a diversified conglomerate with a formidable global presence.

Headquarters: India IN
Employees: 49 039
IPO date: Nov 3, 1994

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How Larsen and Toubro makes money

L&T’s business model is a sophisticated latticework of engineering expertise and strategic diversification. It thrives by delivering large-scale infrastructure projects and delivering turnkey solutions, encompassing the entire life cycle from conception and design to construction and project management. Through its construction arm, it undertakes massive civil infrastructure projects, including roads, bridges, and metros, generating significant revenue streams. Another key pillar is its focus on high-margin businesses like defense manufacturing and heavy engineering, where precision and expertise play crucial roles. Financial stability is bolstered by L&T’s Other Income section, deriving revenues through its subsidiaries, such as L&T Infotech and L&T Technology Services, which provide IT and technology-driven services across industries. Additionally, the company’s commitment to innovation and investment in research and development ensures it stays at the forefront of technological advancements, further driving its commercial success.

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Larsen and Toubro has no economic moat

No Moat Narrow Wide

Clients can choose among L&T and other contractors for each new project, so winning one contract does not ensure future work. L&T’s size and reputation do not by themselves show that it can consistently undercut rivals or charge more than they can.

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