Rs 6,12,800 Crore Order Book: Civil Construction company bags between Rs 2,500 crore to Rs 5,000 crore order in Bullet Train Project
DSIJ Intelligence-1 / 15 Sep 2025/ Categories: Mindshare, Trending
The stock is up by 21.6 per cent from its 52-week low and has given multibagger returns of over 300 per cent in the last 5 years.
Larsen & Toubro (L&T) has bagged a large order from the National High Speed Rail Corporation Ltd (NHSRCL) to build 156 Route km of high-speed ballastless track for the Mumbai-Ahmedabad High Speed Rail (MAHSR) Corridor. The project, known as Package T1, involves the design, supply, construction, testing and commissioning of track works on a design-build basis. This new contract covers sections between Mumbai and Zaroli village in Gujarat, including 21 km of underground track and 135 km on an elevated viaduct. This is L&T's second track-work package for the MAHSR, giving the company responsibility for over 50 per cent of the project's total track-work. The order is between Rs 2,500 crore to Rs 5,000 crore.
The track will use Japanese Shinkansen J Slab Track technology, which allows for speeds up to 320 kmph and offers improved ride quality, longer service life and easier maintenance. L&T has extensive experience with ballastless track systems, having worked on various types, including Plinth Track, Slab Track and Floating Slab Track. The company is currently involved in similar projects in several metro systems, both in India and abroad, such as in Bengaluru, Chennai, Mumbai and Jakarta.
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.
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According to Quarterly Results, the net sales increased by 11 per cent to Rs 74,392.28 crore and net profit increased by 25 per cent to Rs 5,497.26 crore in Q4FY25 compared to Q4FY24. Looking at its annual results, the net sales increased by 16 per cent to Rs 2,55,734.45 crore and the net profit increased by 15 per cent to Rs 15,037.11 crore in FY25 compared to FY24.
The company has a market cap of Rs 4.95 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 6,12,800 crore as of June 30, 2025. The stock is up by 21.6 per cent from its 52-week low and has given multibagger returns of over 300 per cent in the last 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.