LTOUF (Larsen & Toubro) Tax Rate %: 24.88% (As of Mar. 2026)


LTOUF Larsen & Toubro Ltd LTOUF
93 GF Score
Price $41.95
GF Value $45.87
Valuation Fairly Valued
! 5 Warning Signs
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What is Larsen & Toubro Tax Rate %?

Larsen & Toubro LTOUF 93 Tax Rate % is 24.88% as of Mar. 2026. GuruFocus rates LTOUF with a GF Score™ of 93/100 and a GF Value™ of $45.87 (Fairly Valued). The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Larsen & Toubro's Tax Expense for the three months ended in Mar. 2026 was $225 Mil. Larsen & Toubro's Pre-Tax Income for the three months ended in Mar. 2026 was $906 Mil. Therefore, Larsen & Toubro's Tax Rate % for the quarter that ended in Mar. 2026 was 24.88%.

Larsen & Toubro Tax Rate % Related Terms

Larsen & Toubro Tax Rate % Historical Data

* Premium members only.

The historical data trend for Larsen & Toubro's Tax Rate % 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 Tax Rate % Chart

Larsen & Toubro Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.00 26.21 24.11 24.99 26.24

Larsen & Toubro Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 23.47 26.18 26.03 27.76 24.88
LTOUF
93GF Score
Larsen & Toubro Ltd LTOUF
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Larsen & Toubro Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Larsen & Toubro's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=734.383/2798.569
=26.24 %

Larsen & Toubro's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=225.468/906.102
=24.88 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 24.88% mean?
Larsen & Toubro (LTOUF) has a Tax Rate % of 24.88% as of Mar. 2026.
Is Larsen & Toubro's Tax Rate % too high?
Larsen & Toubro's current Tax Rate % is 24.88%. Overall, Larsen & Toubro has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Larsen & Toubro's Tax Rate % compare to PWR and FIX?
Larsen & Toubro's Tax Rate % of 24.88% can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Construction company?
A good Tax Rate % depends on the Construction industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Larsen & Toubro's current Tax Rate % is 24.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Larsen & Toubro stock overvalued right now?
Based on GuruFocus' analysis, Larsen & Toubro (LTOUF) is currently considered Fairly Valued. The stock's GF Value™ is $45.87, compared to a current price of $41.95 — trading 8.5% below its estimated fair value. The current Tax Rate % is 24.88%. Larsen & Toubro's overall GF Score™ is 93/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Larsen & Toubro (LTOUF), the current Tax Rate % is 24.88% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Larsen & Toubro (LTOUF) Overvalued in 2026?

Based on GuruFocus' analysis, Larsen & Toubro stock appears to be undervalued. The current stock price of $41.95 is trading 8.5% below its estimated GF Value™ of $45.87. GuruFocus considers Larsen & Toubro to be Fairly Valued.

Key valuation signals for LTOUF:

  • Tax Rate %: 24.88%
  • GF Value™: $45.87 vs. price of $41.95 (8.5% below fair value)
  • GF Score™: 93/100 with 5 warning signs

No single metric tells the full story. See the LTOUF 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.
93GF Score

Get the complete analysis for LTOUF

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$41.95
Price
$45.87
GF Value