LTNSELarsen & Toubro Limited· EngineeringLowNeutral
Announced Tue, 5 May · 17:43 IST

Larsen & Toubro Limited has informed the Exchange that the 81st Annual General Meeting of the Company will be held on Friday, June 5, 2026 at 3.00 p.m. through Video-Conferencing/Audio-Visual Means

Board & Shareholder Meetings View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-1.3%1-day move
₹4075.00
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₹3974.00
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AI summary

L&T reported record-breaking FY2026 performance with order inflows of ₹435,590 crore (up 22%), revenues of ₹285,874 crore (up 12%), and recurring PAT of ₹17,238 crore (up 18%). The consolidated order book stands at an all-time high of ₹740,327 crore. The Board recommended a final dividend of ₹38 per share (12% increase from ₹34). Q4 standalone saw revenues of ₹82,762 crore with recurring PAT of ₹5,289 crore. Key leadership changes include appointment of Mr. P. Ramakrishnan as new CFO from July 1, 2026, and new Independent Director Mr. Vijay Sankar. The company is exiting concessions (Nabha Power, Hyderabad Metro) by June 30, 2026, and launching its Lakshya'31 plan focused on AI, digital, data centers, and semiconductor technologies.

Likely market impact

Strong operational performance with record order book provides long-term revenue visibility. The dividend increase and 18% PAT growth are positive for shareholders. However, margin pressures in Energy segment (6.8% vs 8.5%) and 34% Q4 order inflow decline warrant monitoring.