Larsen & Toubro (NSE:LT) Equity-to-Asset: (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:LT Larsen & Toubro Ltd NSE:LT
91 GF Score
Price ₹3,885.00
GF Value ₹4,019.10
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Larsen & Toubro Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Larsen & Toubro's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹ Mil. Larsen & Toubro's Total Assets for the quarter that ended in Jun. 2026 was ₹ Mil.

The historical rank and industry rank for Larsen & Toubro's Equity-to-Asset or its related term are showing as below:

NSE:LT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22   Med: 0.24   Max: 0.27
Current: 0.24

During the past 13 years, the highest Equity to Asset Ratio of Larsen & Toubro was 0.27. The lowest was 0.22. And the median was 0.24.

NSE:LT's Equity-to-Asset is ranked worse than
81.4% of 1796 companies
in the Construction industry
Industry Median: 0.45 vs NSE:LT: 0.24

Larsen & Toubro  (NSE:LT) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Larsen & Toubro Equity-to-Asset Related Terms


Larsen & Toubro Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Larsen & Toubro's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Larsen & Toubro Equity-to-Asset Chart

Larsen & Toubro Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.31 0.30 0.30 0.28

Larsen & Toubro Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.31 - 0.28 -

NSE:LT vs PWR, FIX, EME: Equity-to-Asset Comparison

For the Engineering & Construction subindustry, Larsen & Toubro's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Larsen & Toubro Equity-to-Asset vs Construction Industry

For the Construction industry and Industrials sector, Larsen & Toubro's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Larsen & Toubro's Equity-to-Asset falls into.


NSE:LT
91GF Score
Larsen & Toubro Ltd NSE:LT
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Larsen & Toubro Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Larsen & Toubro's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Equity to Asset (A: Mar. 2026 )=Total Stockholders Equity/Total Assets
=1092898/4525498.8
=0.24

Larsen & Toubro's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=/
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is Larsen & Toubro (NSE:LT) Overvalued in 2026?

Based on GuruFocus' analysis, Larsen & Toubro stock appears to be undervalued. The current stock price of ₹3,885.00 is trading 3.3% below its estimated GF Value™ of ₹4,019.10. GuruFocus considers Larsen & Toubro to be Fairly Valued.

Key valuation signals for NSE:LT:

  • Equity-to-Asset:
  • GF Value™: ₹4,019.10 vs. price of ₹3,885.00 (3.3% below fair value)
  • GF Score™: 91/100 with 4 warning signs

No single metric tells the full story. See the NSE:LT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Larsen & Toubro Business Description

Address Norottarn Morarjee Marg, L&T House, Ballard Estate, Mumbai, MH, IND, 400001
Larsen & Toubro Ltd is engaged in core, high-impact sectors of the economy, and its integrated capabilities span the entire spectrum of design to delivery. The company's operating segments are: Infrastructure projects, Energy projects, Hi-Tech Manufacturing, and other segments. The majority of its revenue is generated from the Infrastructure projects segment, which comprises engineering and construction of buildings and factories, transportation infrastructure, heavy civil infrastructure, power transmission & distribution, renewables, water & effluent treatment, and minerals and metals. Geographically, the group generates maximum revenue from its operations in India.
91GF Score

Get the complete analysis for NSE:LT

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹3,885.00
Price
₹4,019.10
GF Value