L&T’s income from operations in the meantime rose round 7% YoY to Rs 67,942 crore throughout the April-June quarter of the continued FY27, from Rs 63,679 crore within the corresponding quarter of FY26. Worldwide income stood at Rs 34,393 crore, accounting for almost 51% of the corporate’s total income.
The corporate stated it secured orders price Rs 1.08 lakh crore throughout Q1, marking a 14% YoY development. Worldwide orders in the meantime stood at Rs 60,702 crore, contributing 56% to the whole order influx. The corporate’s consolidated order e book rose 5% sequentially to Rs 7.79 lakh crore as on June 30, 2026. Worldwide orders comprised 52% of the general order e book.
Through the quarter, L&T stated that it received vital orders throughout a number of companies comparable to residential and business buildings, transportation infrastructure, ferrous metals, offshore wind and the heavy engineering companies.
Additionally learn | L&T Q1 Outcomes: Web revenue rises 14% YoY to Rs 4,123 crore, income up 7%
Goldman Sachs on L&T share value
Goldman Sachs highlighted that the corporate posted a great efficiency in a troublesome macro atmosphere, with core order inflows coming in effectively forward of expectations, ET Now reported. Working margins nonetheless slipped barely on account of weaker execution because the West Asia battle weighed on mission timelines.
The worldwide brokerage maintained its ‘Purchase’ name on the inventory.
Nuvama on L&T share value
Regardless of the West-Asia battle and its associated provide chain disruptions, L&T delivered 2% development in Q1 core PPM income, Nuvama famous. It nonetheless retained its ‘Maintain’ name on the inventory because it believes the primary half FY27 is more likely to stay gentle on Center East-related disruptions.
Motilal Oswal on L&T share value
Motilal Oswal stated L&T’s consolidated outcomes and core EPC phase outperformed its estimates within the first quarter of FY27. Itemizing out the positives that it noticed within the earnings print, Motilal stated the corporate reported a wholesome 14% YoY development in core E&C order inflows, core E&C income development of three% YoY and flat margins at 7.6%.
Regardless of decrease ordering from the Center East area, L&T has diversified its order influx combine from different geographies comparable to Europe and has additionally seen steady inflows from the home personal sector, the home brokerage stated, because it marginally revised its estimates to bake in Q1 efficiency.Motilal Oswal retained its ‘Purchase’ name on the shares of L&T, whereas rising its goal value to Rs 4,550 apiece from Rs 4,500 apiece. The newest goal value implies an upside potential of almost 19% from the inventory’s earlier closing value.
JM Monetary on L&T share value
JM Monetary stated L&T’s core EBITDA was 10% forward of its estimates, led by core margin beat, with core execution in line. Strong order inflows additionally beat the home brokerage’s estimates, led by the ultra-mega order for offshore wind by TenneT. With robust prospects of Rs 15 trillion for 9M FY27 supported by continued momentum in ordering by the Center East, we view L&T’s FY27 order influx development steerage of 10-12% as achievable. Whereas Q1 FY27 execution was adversely impacted by West Asia geopolitical disruptions, we count on normalisation in execution from H2 FY27 onwards. This, coupled with a big order e book ought to assist income development of 10-12% in FY27 (in keeping with the steerage),” it added.
L&T is effectively positioned to ship over 16% CAGR in EBITDA over FY26-28 supported by robust momentum in Center East ordering, choose up in execution from the second half of FY27 onwards and steady core margins, JM Monetary stated because it remained constructive on the inventory.
The home brokerage maintained its ‘Purchase’ name on the inventory however decreased its goal value to Rs 4,640 apiece from Rs 4,700 apiece. The newest goal value implies 21% upside potential.
L&T share value
L&T introduced its Q1 earnings within the put up market hours of Tuesday. Earlier throughout the day, the shares closed marginally greater at Rs 3,832 apiece. The inventory has fallen greater than 8% in a month and seven.5% in 2026 to date.
In the long run, L&T shares have gained round 10% in a yr, 45% in three years and 140% in 5 years. The corporate has a market capitalisation of almost Rs 5.27 lakh crore.
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(Disclaimer: Suggestions, recommendations, views and opinions given by the consultants are their very own. These don’t symbolize the views of The Financial Occasions)
