Larsen & Toubro wins orders: INR 4,400 target for Larsen & Toubro stock

Published on 10/25/2026 at 01:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Two October orders cover 7.03 million square feet in India. Larsen & Toubro stock is due for results on October 27, 2026.

Orders and results calendar

On October 21, 2026, two building orders covered 7.03 million square feet.
First-quarter fiscal 2027 revenue reached INR 679 billion, up 7 percent year over year.
Larsen & Toubro is scheduled to review its September 2026 results on October 27, 2026.

Larsen & Toubro, INE018A01030, Illustration mit AI erstellt.

Larsen & Toubro (INE018A01030) secured two building orders in India on October 21, 2026, covering a combined 7.03 million square feet. The announcement came ahead of the company's September-quarter results and followed a Motilal Oswal target of INR 4,400 dated October 7, 2026.

Three events shape the sequence

On July 28, 2026, DSIJ reported first-quarter fiscal 2027 revenue of INR 679 billion, up 7 percent year over year, and profit after tax of INR 41 billion, up 14 percent. On October 7, 2026, Motilal Oswal set a target of INR 4,400 for Larsen & Toubro stock, according to the same DSIJ report. On October 21, 2026, Larsen & Toubro announced two projects covering 3.28 million square feet in New Delhi and 3.75 million square feet in Amaravati.

What supports the order outlook?

The order book stood at INR 7.8 trillion as of June 2026, up 27 percent year over year, while core engineering and construction inflows reached INR 873 billion in the first quarter of fiscal 2027. The same DSIJ analysis said international work represented 52 percent of the order book and identified execution disruption in the Middle East as a near-term constraint.

The latest airport development adds an international execution milestone. On October 19, 2026, Larsen & Toubro said it had received a Limited Notice to Proceed for initial work at New Tashkent International Airport. The terminal and associated facilities are designed for 17 million passengers annually, with full construction dependent on a later Notice to Proceed.

The next results date

The next substantiated date is October 27, 2026, when Larsen & Toubro is scheduled to consider results for the quarter and half year ended September 30, 2026, according to the company's investor-relations page. That release should clarify whether the strong order pipeline is converting into revenue while Middle East execution remains a key operating variable.

Market value and execution

Larsen & Toubro's market capitalization was INR 5.1 trillion as of October 23, 2026. The combination of a large order book, new public-infrastructure awards and the October 27 reporting date places execution and cash conversion at the center of the stock's near-term narrative.