Rs 5.79 lakh crore Order Book: USD 30 Billion Indian Multinational Secures Large Rs 2500-5000 Crore EPC Contract for Government Buildings

The stock has delivered a 10.28 per cent return over the last 12 months. On a year-to-date basis, it is up by 0.88 per cent.

Larsen & Toubro (L&T), a prominent Indian multinational in the engineering and construction sector, has announced a significant addition to its already robust order book by securing a large engineering, procurement and construction (EPC) contract in the Rs 2,500 to Rs 5,000 crore range. The newly acquired projects are expected to enhance the company’s consolidated order book, which now stands at Rs 5.79 lakh crore as of March 31, 2025.

The Buildings & Factories (B&F) vertical of L&T has bagged multiple orders from various state and central government agencies in India. One of the major contracts has been awarded by the Central Public Works Department (CPWD) for the construction of Common Central Secretariat buildings 6 and 7 in New Delhi. These structures will feature a configuration that includes a basement, two podiums, an upper ground floor, and six upper floors. L&T’s scope of work includes civil construction, interior finishes, mechanical, electrical and plumbing (MEP) services, external development, and five years of operations and maintenance.

Another noteworthy order comes from the Government of Andhra Pradesh, entrusting L&T with the design and construction of a new State Legislative Assembly building. This project will include a basement, ground floor, and three additional floors. Both infrastructure projects are scheduled to be completed within an 18-month period, showcasing L&T’s execution capabilities and efficiency.

In its Q4FY25 earnings report, L&T revealed that it secured fresh orders worth Rs 89,613 crore during the quarter, marking a 24 per cent year-on-year rise. Notably, international orders contributed Rs 62,739 crore, accounting for 70 per cent of the total quarterly intake. On a full-year basis, the company registered Rs 3,56,631 crore in new orders at the group level—an 18 per cent increase compared to the previous year. Of the total order book, 46 per cent comprises international projects, reflecting L&T's global presence.

To reward shareholders, the Board of Directors of L&T has declared a final dividend of Rs 34 per equity share (face value Rs 2) for the financial year ending March 31, 2025. The record date for dividend eligibility has been set as Tuesday, June 3, 2025.

Following the announcement, L&T’s stock saw a slight uptick of 0.4 per cent, trading at Rs 3,602 on Tuesday and hitting an intraday high of Rs 3,606 on the NSE. The stock has delivered a 10.28 per cent return over the last 12 months. On a year-to-date basis, it is up by 0.88 per cent. Over a five-year period, L&T’s share price has appreciated by 338.13 per cent, establishing itself as a multibagger in the Large-Cap space.

Disclaimer: The article is for informational purposes only and not investment advice.