Larsen & Toubro Future Growth

Future criteria checks 4/6

Larsen & Toubro is forecast to grow earnings and revenue by 20.7% and 13.1% per annum respectively. EPS is expected to grow by 20.5% per annum. Return on equity is forecast to be 18.6% in 3 years.

Key information

20.7%

Earnings growth rate

20.5%

EPS growth rate

Construction earnings growth	9.4%
Revenue growth rate	13.1%
Future return on equity	18.6%
Analyst coverage	Good
Last updated	27 Aug 2024

Recent future growth updates

No updates

Recent updates

No updates

Earnings and Revenue Growth Forecasts

BRSE:LTO - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	3,328,432	233,724	156,486	N/A	19
3/31/2026	2,920,520	195,981	156,017	N/A	32
3/31/2025	2,549,182	155,283	91,613	N/A	33
6/30/2024	2,322,015	132,582	N/A	N/A	N/A
3/31/2024	2,251,890	129,655	137,498	182,663	N/A
12/31/2023	2,161,507	126,498	N/A	N/A	N/A
9/30/2023	2,073,299	121,193	219,796	263,288	N/A
6/30/2023	1,986,741	111,257	N/A	N/A	N/A
3/31/2023	1,861,940	103,347	186,332	227,770	N/A
12/31/2022	1,805,224	99,687	N/A	N/A	N/A
9/30/2022	1,735,119	96,065	45,302	83,421	N/A
6/30/2022	1,653,158	91,000	N/A	N/A	N/A
3/31/2022	1,587,506	85,724	160,530	191,636	N/A
12/31/2021	1,544,563	83,690	N/A	N/A	N/A
9/30/2021	1,509,830	85,716	266,466	286,022	N/A
6/30/2021	1,472,718	79,557	N/A	N/A	N/A
3/31/2021	1,393,264	69,010	212,643	230,720	N/A
12/31/2020	1,352,113	65,484	N/A	N/A	N/A
9/30/2020	1,352,619	28,958	133,588	164,998	N/A
6/30/2020	1,395,930	78,301	N/A	N/A	N/A
3/31/2020	1,478,266	88,945	31,056	65,424	N/A
12/31/2019	1,525,987	96,149	N/A	N/A	N/A
9/30/2019	1,507,042	93,522	-69,221	-29,979	N/A
6/30/2019	1,456,154	91,362	N/A	N/A	N/A
3/31/2019	1,370,270	83,358	-90,632	-47,558	N/A
12/31/2018	1,383,870	86,544	N/A	N/A	N/A
9/30/2018	1,310,332	81,027	N/A	N/A	N/A
6/30/2018	1,253,735	76,921	N/A	N/A	N/A
3/31/2018	1,209,525	73,699	N/A	-100,310	N/A
12/31/2017	1,169,847	72,270	N/A	N/A	N/A
9/30/2017	1,143,907	67,094	N/A	N/A	N/A
6/30/2017	1,135,754	63,242	N/A	N/A	N/A
3/31/2017	1,106,300	60,412	N/A	66,553	N/A
12/31/2016	1,078,329	62,095	N/A	N/A	N/A
9/30/2016	1,074,625	59,375	N/A	N/A	N/A
6/30/2016	1,055,753	52,812	N/A	N/A	N/A
3/31/2016	1,019,565	42,329	N/A	-32,396	N/A
12/31/2015	984,842	47,065	N/A	N/A	N/A
9/30/2015	965,028	45,383	N/A	N/A	N/A
6/30/2015	942,690	44,041	N/A	N/A	N/A
3/31/2015	930,591	47,648	N/A	-13,654	N/A
12/31/2014	918,958	55,222	N/A	N/A	N/A
9/30/2014	897,803	54,591	N/A	N/A	N/A
6/30/2014	877,517	54,103	N/A	N/A	N/A
3/31/2014	860,179	49,020	N/A	-71,428	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LTO's forecast earnings growth (20.7% per year) is above the savings rate (0.3%).

Earnings vs Market: LTO's earnings (20.7% per year) are forecast to grow faster than the Swiss market (11.8% per year).

High Growth Earnings: LTO's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: LTO's revenue (13.1% per year) is forecast to grow faster than the Swiss market (4.4% per year).

High Growth Revenue: LTO's revenue (13.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: LTO's Return on Equity is forecast to be low in 3 years time (18.6%).