Larsen & Toubro Share Price Prediction 2027: Scenario Targets, Valuation and Technical Outlook

Larsen & Toubro share price prediction 2027 comes down to earnings growth and the multiple investors pay for it, and the reported numbers give a measured answer. The stock trades at Rs 3,686.10 on NSE as of 9 October 2026, 17.0% below its 52-week high of Rs 4,440.00, after the company reported net profit of Rs 19,159.40 crore for FY26.

This Larsen & Toubro stock forecast 2027 builds conservative, base and bull scenarios from exchange-reported financials, shareholding data and daily price indicators, with every assumption shown.

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Larsen & Toubro Share Price Today and Key Data

The Larsen & Toubro share price today is Rs 3,686.10 on NSE, up 1.68% on the day. The market capitalisation stands at Rs 4,98,143 crore. Over the past year the price has fallen 2.2% from Rs 3,769.20. Every Larsen & Toubro stock forecast figure below starts from this price.

Metric	Value
Company	Larsen & Toubro (LT)
Current Price	Rs 3,686.10
52-Week High	Rs 4,440.00 (24 February 2026)
52-Week Low	Rs 3,288.10 (23 March 2026)
Market Cap	Rs 4,98,143 crore
PE Ratio	25.38
Industry PE	23.12
PB Ratio	4.56
EPS (TTM)	Rs 142.63
Return on Equity	14.72%
Debt to Equity	1.15
Dividend Yield	1.05%
Book Value per Share	Rs 794.32

What Is the Larsen & Toubro Share Price Prediction for 2027?

The Larsen & Toubro share price prediction for 2027 is a conservative case of Rs 3,942, a base case of Rs 4,134 and a bull case of Rs 4,325. Against Rs 3,686.10, these imply 6.9% upside, 12.2% upside and 17.3% upside. They are model scenarios built from reported EPS growth, not broker targets.

Scenario	EPS Growth Basis	EPS Estimate	PE Multiple	Implied Value	Upside vs Current Price
Conservative Case	Lower of FY26 growth (7.0%) and 4-year CAGR (17.3%)	Rs 152.55 (+7.0%)	Unchanged from today (price to EPS ratio kept constant)	Rs 3,942	+6.9%
Base Case	Average of the two	Rs 159.96 (+12.1%)	Unchanged from today (price to EPS ratio kept constant)	Rs 4,134	+12.2%
Bull Case	Higher of the two	Rs 167.36 (+17.3%)	Unchanged from today (price to EPS ratio kept constant)	Rs 4,325	+17.3%

Each target takes today's price of Rs 3,686.10 and scales it by the EPS growth assumed for that case, which is the same as holding the PE multiple constant. The conservative case uses the lower of the FY26 EPS growth and the 4-year EPS CAGR, the base case uses their average and the bull case uses the higher figure. Together they form the Larsen & Toubro target price range for the FY27 outlook over the next 12 months, and the range is not a point estimate.

Larsen & Toubro Share Price Forecast: What Has to Go Right by 2027

Each Larsen & Toubro target price below depends on a specific EPS outcome, and the text states that outcome next to the number.

Conservative Case for the Larsen & Toubro Share Price Target: Rs 3,942

Reaching Rs 3,942 needs EPS to rise 7.0% to Rs 152.55 while the stock keeps its current PE multiple. That matches the FY26 EPS growth of 7.0%.

Base Case for the Larsen & Toubro Share Price Target: Rs 4,134

Reaching Rs 4,134 needs EPS to rise 12.1% to Rs 159.96, the average of the FY26 growth rate and the 4-year CAGR. Net profit growth of 15.2% in Q1 FY27 is at or above that pace, which supports the target.

Bull Case for the Larsen & Toubro Share Price Target: Rs 4,325

Reaching Rs 4,325 needs EPS to rise 17.3% to Rs 167.36 with the PE multiple held at today's level. That sits inside the 52-week range of Rs 3,288.10 to Rs 4,440.00. A daily close above the nearest resistance level of Rs 3,873.23 (Supertrend) would be the first technical confirmation.

Larsen & Toubro Financial Performance: Revenue, Profit and Margins

Larsen & Toubro earned net profit of Rs 19,159.40 crore on revenue of Rs 2,91,635 crore in FY26, with profit up 8.3% and revenue up 12.2% compared with FY25. Diluted EPS was Rs 116.88 against Rs 109.28 a year earlier, and that earnings base anchors the Larsen & Toubro share price forecast.

Year	Revenue (Rs Cr)	Net Profit (Rs Cr)	EPS (Rs)	Operating Margin	Net Margin
FY22	1,58,788.31	10,291.05	61.65	17.04%	6.48%
FY23	1,86,269.87	12,624.87	74.45	16.39%	6.78%
FY24	2,25,270.94	15,569.72	93.88	15.25%	6.91%
FY25	2,59,859.27	17,687.39	109.28	14.71%	6.81%
FY26	2,91,635.04	19,159.40	116.88	14.13%	6.57%

In the latest reported quarter, Q1 FY27 (quarter ended June 2026), revenue was Rs 70,318.47 crore against Rs 65,035.70 crore a year earlier (+8.1%), and the bottom line was a net profit of Rs 4,982.85 crore against a net profit of Rs 4,325.57 crore (+15.2%). Operating margin was 15.49% versus 14.73% in the year-ago quarter. Cash flow from operations was Rs 16,740.97 crore in FY26 against Rs 9,151.35 crore in FY25. Together these figures set the earnings base for the Larsen & Toubro share price prediction.

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Is Larsen & Toubro Overvalued or Undervalued Right Now?

Larsen & Toubro trades at a PE of 25.38 against an industry PE of 23.12, which places the stock at a 9.8% premium to the industry average. The price-to-book ratio is 4.56 on a book value of Rs 794.32 per share. Return on equity of 14.72% means the company earns Rs 14.72 of profit for every Rs 100 of shareholder equity.

Debt to equity is 1.15, so borrowings equal about 115% of shareholder equity. The company declared a dividend of Rs 38.00 per share for FY26, a yield of 1.05% at the current price. This valuation context frames the Larsen & Toubro stock price prediction for 2027 without relying on any outside forecast.

Larsen & Toubro Stock Analysis: Technical Outlook

Larsen & Toubro stock trades below its 50-day SMA of Rs 3,940.73 and below its 200-day EMA of Rs 3,913.52, and the combined daily indicators read bearish. The 52-week high of Rs 4,440.00 was set on 24 February 2026, while the 52-week low of Rs 3,288.10 came on 23 March 2026.

Indicator	Reading	Signal
RSI (14)	36.07	Weak momentum
MACD (12,26,9)	-73.62 vs signal -61.09	Bearish
ADX (14)	36.30	Established trend
Supertrend (10,3)	Price below Rs 3,873.23	Bearish
50-day SMA	Rs 3,940.73	Price below
200-day EMA	Rs 3,913.52	Price below

The nearest support level sits at Rs 3,288.10 (52-week low). The nearest resistance level sits at Rs 3,873.23 (Supertrend) and Rs 3,913.52 (200-day EMA). A sustained move above the nearest resistance would support the Larsen & Toubro share price prediction 2027 base case, and this Larsen & Toubro stock analysis uses daily candles only. Chart signals add context to the Larsen & Toubro share price target without changing the earnings maths.

Larsen & Toubro Shareholding Pattern

Promoters hold 0.00% of Larsen & Toubro as of Jun 2026, unchanged across the last 5 quarters. FII holding is 19.13% (down from 19.33% in Jun 2025) and DII holding is 43.02% (down from 43.48% in Jun 2025), which puts combined institutional holding at 62.15%. Public shareholders own 37.85%. Shareholding data is one input for any Larsen & Toubro stock forecast.

Key Risks to the Larsen & Toubro Share Price Target for 2027

Earnings and Margin Risk

Operating margin has ranged from 14.13% to 17.04% between FY22 and FY26, so a slip toward the lower end would trim the EPS estimate behind the Larsen & Toubro stock forecast. Revenue was up 12.2% in FY26, and slower revenue growth would weigh on the profit path.

Size and Liquidity Risk

Market capitalisation stands at Rs 4,98,143 crore. Investors should check daily traded volumes and order book depth on NSE before sizing a position, because price moves can be sharper when volumes thin out. Liquidity is a practical constraint on any Larsen & Toubro stock price target.

Balance Sheet Risk

Debt to equity of 1.15 means borrowings stand at about 115% of shareholder equity. A rise in borrowing costs or a jump in debt would weigh on profit and on the multiple behind the Larsen & Toubro share price forecast.

Technical Risk

The daily indicators read bearish, so the targets above may need a technical turn before the price follows earnings. A daily close below Rs 3,288.10 (52-week low) would weaken the setup further.

Conclusion

This Larsen & Toubro stock analysis puts the share price target range for 2027 at Rs 3,942 to Rs 4,325, with a base case of Rs 4,134 against Rs 3,686.10 today. The inputs are a PE of 25.38 that sits at a 9.8% premium to the industry average, EPS growth of 7.0% in FY26 and a daily technical setup that reads bearish. The next quarterly result will show which scenario is gaining ground. This analysis is educational, so consult a SEBI-registered advisor before acting on it.

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Frequently Asked Questions on Larsen & Toubro Share Price Prediction 2027

What is the Larsen & Toubro share price target for 2027?

Ans. The Larsen & Toubro share price forecast for 2027 has a conservative case of Rs 3,942, a base case of Rs 4,134 and a bull case of Rs 4,325. These are model scenarios based on reported EPS growth, and they are not guaranteed outcomes.

What is the Larsen & Toubro share price today?

Ans. Larsen & Toubro trades at Rs 3,686.10 on NSE as of 9 October 2026, up 1.68% on the day. The 52-week range is Rs 3,288.10 to Rs 4,440.00.

Is Larsen & Toubro a good stock to buy for 2027?

Ans. The data points in different directions: the PE of 25.38 is at a 9.8% premium to the industry average, EPS grew 7.0% in FY26 and the daily technical setup reads bearish. This article does not constitute investment advice, so consult a SEBI-registered advisor before deciding.

Can Larsen & Toubro stock reach Rs 4,325 in 2027?

Ans. Reaching Rs 4,325 needs EPS to rise 17.3% from Rs 142.63 with the PE multiple held at today's level, plus a daily close above Rs 3,873.23 (Supertrend). This is a scenario, not a guarantee.

What are the support and resistance levels for Larsen & Toubro?

Ans. The nearest support levels are Rs 3,288.10 (52-week low), and the nearest resistance levels are Rs 3,873.23 (Supertrend) and Rs 3,913.52 (200-day EMA).

What are the main risks for Larsen & Toubro stock in 2027?

Ans. The main risks to the Larsen & Toubro share price forecast are a fall in operating margin from the 14.13% to 17.04% range seen since FY22, slower revenue growth after FY26 revenue was up 12.2%, and thin trading volumes. Debt to equity of 1.15 adds balance sheet sensitivity.

How is the Larsen & Toubro target price for 2027 calculated?

Ans. Each target scales the current price by assumed EPS growth at a constant PE multiple. The conservative case uses 7.0% growth, the base case 12.1% and the bull case 17.3%, all drawn from the company's reported FY26 and 4-year EPS growth.