Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Is L&T FY26 guidance on lower side?
Mint Kolkata
|May 12, 2025
Spoiling the show
The Street cheered Larsen & Toubro Ltd's (L&T) FY25 with the stock closing 3.6% up on Friday to ₹3,444 on the National Stock Exchange.
The rise stands out as equity markets were reeling under pressure amid India-Pakistan tension. The stock's positive reaction can be attributed to L&T exceeding core engineering and construction (E&C) FY25 order inflow and revenue growth guidance of 10% and 15%.
E&C order inflow grew 20% in FY25 and revenue 19%.
The moot question now is: Can there be a positive surprise in FY26, too?
That's likely for order inflows, as management seems to be in an 'under-promise' and 'over-deliver' mode, based on the inference drawn from L&T's FY26 guidance and prospective order pipeline.
The firm believes that there could be a prospective pipeline of ₹19 trillion for FY26, a big jump from ₹12 trillion at the start of FY25.
This story is from the May 12, 2025 edition of Mint Kolkata.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Kolkata
Mint Kolkata
Are seafood boils the next big thing?
A hands-on feast of crab, prawns, mussels and corn tossed in bold sauces has found its way into the fine-dining scene
4 mins
January 24, 2026
Mint Kolkata
Grace Pinto: The education visionary powering future global workforce
As India advances toward a digital first, innovation-driven economy, Grace Pinto stands out as a transformative leader whose dynamic influence extends beyond classrooms and into shaping the nation’s future leaders.
2 mins
January 24, 2026
Mint Kolkata
Budget may ease MSME debt woes
Proposal includes doubling repayment period before NPA label
1 min
January 24, 2026
Mint Kolkata
Govt set to budget ₹9,800 cr for maritime development
Fund aims to lower capital costs, attract investments in shipyards, coastal infra and waterways
3 mins
January 24, 2026
Mint Kolkata
The fastener revolution comes to India
In 1999, as India's tech sector celebrated Y2K contracts and pharmaceutical companies courted global markets, Pankaj and Vipin Lidoo were fixated on something decidedly unglamorous: fasteners.
1 min
January 24, 2026
Mint Kolkata
Tasting the terroir of ‘nolen gur’
Bengal's favourite winter jaggery offers a lesson in understanding nature's many moods
3 mins
January 24, 2026
Mint Kolkata
Jodhaiya Bai’s art transcends silos
A major retrospective highlights the late artist's contemporary treatment of traditional motifs and ancestral wisdom
2 mins
January 24, 2026
Mint Kolkata
Vastu corrections without demolition
Internationally renowned Vastu expert Vimal Jhajharia and his son Vikas Jhajharia-an MBA from Australia-offer nondestructive Vastu corrections for toilets facing northeast, for homes that are south-facing, for the quick sale of land, various financial issues, health problems, matrimonial problems and so on.
1 min
January 24, 2026
Mint Kolkata
The Buddhist monks who live by violence
Sonia Faleiro’s new book explores violence in Sri Lanka, Myanmar and Thailand through the lens of the past and present
5 mins
January 24, 2026
Mint Kolkata
Financial wellness is imperative to building lasting household wealth
Rahul Banerjee, an IIM Calcutta alumnus and a Certified Financial Planner (FPSB), Certified International Wealth Manager (AIWM, Switzerland), and an awardee in Financial Planning from the Chartered Insurance Institute, London, is consider ed one of the top minds in the financial planning and wealth management space in India.
1 mins
January 24, 2026
Listen
Translate
Change font size