- Larsen’s net income for the third quarter was 33.59 billion rupees, falling short of the estimated 38.71 billion rupees.
- The company reported revenue of 646.68 billion rupees, slightly below the estimated 647.42 billion rupees.
- The order book at the end of the period stood at 5.64 trillion rupees, which surpassed the estimate of 5.31 trillion rupees.
- International orders comprised 53% of the total order book.
- Earnings before interest, taxes, depreciation, and amortization (Ebitda) was 62.55 billion rupees, missing the expected 67.79 billion rupees.
- The Ebitda margin was recorded at 9.7%.
- There are currently recommendations for 31 buys, 2 holds, and 2 sells on the company’s shares.
A look at Larsen & Toubro Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Larsen & Toubro Ltd shows a promising long-term outlook. With a high Momentum score of 5, the company is indicating strong market performance and potential for continued growth. Additionally, a solid Dividend score of 4 suggests a stable dividend payout, appealing to income-seeking investors.
However, there are areas for improvement as indicated by the lower scores in Value (3), Growth (3), and Resilience (2). These scores suggest that the company may not be undervalued, might have limited growth prospects, and could face challenges in staying resilient in adverse market conditions.
Summary: Larsen & Toubro Ltd is a manufacturing company that produces engineering equipment, undertakes large-scale projects, and serves as the Indian representative for various overseas heavy machinery manufacturers. Their diverse product range includes bulldozers, road rollers, dairy machinery, chemical and pharmaceutical plants, switchgears, food processing machinery, and feed milling plants.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
