Rs 6,12,761 crore order book: Civil construction company bags order of over Rs 15,000 crore from Gautam Adani’s Adani Power Ltd

DSIJ Intelligence-1 / 11 Aug 2025/ Categories: Mindshare, Trending

Rs 6,12,761 crore order book: Civil construction company bags order of over Rs 15,000 crore from Gautam Adani’s Adani Power Ltd

The stock is up by 23.9 per cent from its 52-week low and has given multibagger returns of 285 per cent in the last 5 years.

Larsen & Toubro (L&T) has been awarded an ultra-mega contract by Adani Power Ltd. to establish eight state-of-the-art thermal power units. Each unit will have a capacity of 800 MW, contributing a total of 6,400 MW to India's power generation capacity. This significant order, valued at over Rs 15,000 crore, will be executed by L&T Energy – CarbonLite Solutions (LTECLS), the company's specialised vertical for advanced power and low-carbon technologies. The extensive scope of work includes the complete design, engineering, manufacturing, supply, and commissioning of Boiler-Turbine-Generator (BTG) packages, along with all necessary auxiliaries and associated mechanical, electrical, and control & instrumentation (C&I) systems.

This project further strengthens the long-standing collaboration between L&T and Adani Power, India's largest private sector thermal power producer. It leverages L&T's renowned engineering and execution capabilities to support Adani's vision of providing reliable and efficient energy nationwide. LTECLS, with its deep in-house expertise in engineering, manufacturing, and project execution, combined with strategic global collaborations, is uniquely positioned to deliver innovative solutions for power and low-carbon processes, contributing significantly to the nation's baseload electricity requirements.

DSIJ's 'Large Rhino' service recommends blue chip stocks of Large Cap companies that have leadership positions in their category. If this interests you, download the service details here.

About the Company

Larsen & Toubro (L&T) is a massive Indian conglomerate with its fingers in many pies. Their core business is engineering, procurement and construction (EPC) solutions across various sectors like infrastructure, power, hydrocarbon (oil & gas) and defence. They also manufacture custom-designed machinery for these industries and even have a real estate arm. L&T is a major player in IT services through subsidiaries like L&T Infotech and Mindtree and provides financial services like rural and housing finance through L&T Finance Holdings. They even handle development projects involving infrastructure, toll management and power generation.

Larsen & Toubro (L&T) kicked off FY26 with a strong Q1 financial performance. The company's consolidated revenues rose 16 per cent year-on-year to Rs 63,679 crore, driven by robust project execution. Profit After Tax (PAT) saw a significant 30 per cent increase, reaching Rs 3,617 crore. This performance underscores L&T's effective operational strategies and its strong position in both domestic and international markets across its diverse segments.

The company has a market cap of Rs 5.04 lakh crore and has been maintaining a healthy dividend payout of 33 per cent. Life Insurance Corporation of India (LIC) owns a 13.60 per cent stake in the company as of June 2025. The company has a robust order book valued at Rs 6,12,761 crore as of June 30, 2025. The stock is up by 23.9 per cent from its 52-week low and has given multibagger returns of 285 per cent in the last 5 years.

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