Conglomerates

Valuation
Company Industry Analyst Rating MktCap
(US$bn)		 Price Target
Price		 Up/
down (%)		 CORE EPS EPS Growth (%) PER (x) P/Bk (x) EV/EBITDA (x) Yield (%) ROAE (%)
FY24 FY25F FY26F FY25F FY26F FY25F FY26F FY25F FY26F FY25F FY25F FY25F
Larsen & Toubro Ltd Conglomerate Arafat SAIYED ADD 55.0 3,420 4,200 22.8% 92.3 99.8 133.3 0.1% 0.3% 34.26 25.65 4.94 4.25 24.13 0.64% 15.3%

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