Larsen & Toubro in focus after receiving ₹2,500 Cr order for Metro Line; Check its order book

Synopsis: Larsen & Toubro has won a significant order for its Transportation Infrastructure business related to the Mumbai Metro railway project. The company already has its order book standing at Rs 6,67,000 Crore, putting limelight over long term growth.

On Wednesday, shares of leading blue chip stock with operations across infrastructure, hydrocarbons, power, defence announced that the company has bagged an order from  Mumbai Metro railway project worth upto Rs. 2500 Crore, adding to existing orderbook of over Rs. 6 Lakh Crores. With a market cap of Rs 5,58,486 Cr, Larsen & Toubro Ltd saw its stock hit an intraday high of Rs 4079 which is 0.5 percent higher than the previous close of Rs 4059.

What’s the News?

Larsen & Toubro (L&T) has secured a significant order worth between Rs 1,000 crore and Rs 2,500 crore for its Transportation Infrastructure business related to the Mumbai Metro Line 4 project., 

 L&T is going to cover the design, manufacture, supply, installation, testing, and commissioning of power supply and traction systems, along with SCADA systems, a computer-based system using hardware and software to monitor and control industrial processes  for Metro Lines 4 and 4A across 32 stations, depots, and substations. 

It also includes electrical and mechanical works, Lift & Escalators for 22 elevated stations and 2 Depots, along with five years of comprehensive maintenance of 24.72 Km long Line 4 that runs between Bhakti Park (Wadala) to Cadbury junction.

Recently, L&T’s Hydrocarbon Onshore business secured a major EPC order from BPCL to build India’s largest LLDPE/HDPE Swing Unit at Bina, Madhya Pradesh, involving Linear Low-Density Polyethylene (LLDPE) / High-Density Polyethylene (HDPE) Swing Unit consisting of two trains of 575 KTPA, as part of the Bina Refinery expansion to around 11 MMTPA. In Q2FY26 the company bagged orders worth Rs 1,15,800 Cr which is a YoY growth of 45 percent, increasing the company’s order book to Rs 6,67,000 Crore.

Business & Financial Overview

Incorporated in 1938 and headquartered in Mumbai, Larsen & Toubro Ltd is a leading multinational EPC conglomerate operating across infrastructure, hydrocarbons, power, defence, IT and financial services in India and global markets.

In the latest quarter L&T saw a YoY revenue growth of 10 percent, going from Rs 61,555 Cr in Q2FY25 to Rs 67,984 Cr in Q2FY26, while the QoQ went up by 6.7 percent from Rs 63,679 Cr in Q1FY26.

The YoY Net Profits growth is at 14 percent, going from Rs 4,099 Cr in Q2FY25 to Rs 4,678 Cr in Q2FY26, while the QoQ growth stood at 8.3 percent from Rs 4,318 Cr in Q1FY26. Even after being a blue chip company, L&T has its 3 year profit CAGR at 23 percent, while the stock gave a compounded return of 25 percent for the same period.

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