Larsen & Toubro shares jump after securing order from Petronet LNG; Check the details

SYNOPSIS: L&T has secured a large turnkey order worth up to Rs. 5,000 crores from Petronet LNG to build LNG, Ethane and Propane storage facilities at Dahej, boosting India’s domestic petrochemical and polypropylene capacity.

During Friday’s trading session, shares of an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services are in focus on the stock exchanges, after securing an order worth up to Rs. 5,000 crores for the hydrocarbon onshore business.

At 10:43 a.m., shares of Larsen & Toubro Limited were trading in the green at Rs. 3,908.4 on BSE, up by over 1 percent, compared to its previous closing price of Rs. 3,865.5, with a market cap of Rs. 5.37 lakh crores. The stock has delivered positive returns of over 11 percent in one year, but has fallen by around 4 percent in the last one month.

What’s the News:

As per its latest regulatory filing, the Hydrocarbon Onshore vertical of Larsen & Toubro Limited has bagged a large order valued between Rs. 2,500-5,000 crores from Petronet LNG, a joint venture promoted by Oil & Natural Gas Corporation (ONGC), Indian Oil Corporation (IOCL), GAIL (India) and Bharat Petroleum Corporation (BPCL).

The order will be executed on a lump-sum turnkey basis and involves EPC and commissioning of critical storage infrastructure at the Dahej Petrochemical Complex in Gujarat. The scope includes a 1.7 lakh cubic metre LNG/Ethane double-wall storage tank and a Propane double-wall storage tank with a capacity of 1.4 lakh cubic metres.

In addition, the project covers Ethane and Propane handling and despatch facilities to support the Propane Dehydrogenation (PDH) and Polypropylene (PP) plant. This development forms part of India’s first integrated petrochemical complex that utilises cold energy from an LNG terminal.

The project is expected to strengthen domestic PP production, helping reduce import dependence and supporting the government’s Aatmanirbhar Bharat objective by enhancing indigenous petrochemical manufacturing capabilities.

Financials & More:

In Q2 FY26, L&T reported a consolidated revenue from operations of Rs. 67,984 crores, a growth of around 7 percent QoQ and 10 percent YoY. Net profit for the quarter stood at Rs. 4,678 crores, representing a rise of more than 8 percent QoQ and 14 percent YoY. The company will announce financial results for Q3 FY26 on 28th January 2026.

During the same period, the company’s debt-to-equity ratio stood at 1.09, with a current ratio of 1.25. Net profit margin was at 6.88 percent, while the operating margin was reported at 10.01 percent.

In Q2 FY26, L&T reported total order inflows of Rs. 1,15,800 crore, a strong 45 percent YoY increase, comprising Rs. 40,200 crore in domestic orders and Rs. 75,600 crore from international markets. The company’s order book also expanded significantly, rising 31 percent to Rs. 6,67,000 crore by September 2025. This includes Rs. 3,40,200 crore in domestic orders and Rs. 3,26,800 crore in international orders.

Larsen & Toubro Limited is an Indian multinational engaged in EPC projects, hi-tech manufacturing and a range of service sectors. It stands out as a major technology, engineering, construction, manufacturing and financial services conglomerate with global operations.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Larsen & Toubro shares jump after securing order from Petronet LNG; Check the details appeared first on Trade Brains.