Larsen & Toubro Limited (LT) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.032x

Based on the latest financial reports, Larsen & Toubro Limited (LT) has a cash flow conversion efficiency ratio of 0.032x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Rs38.16 Billion ≈ $412.70 Million USD) by net assets (Rs1.20 Trillion ≈ $12.96 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See LT equity financing ratio to measure how much of total assets are equity-financed.

Larsen & Toubro Limited - Cash Flow Conversion Efficiency Trend (2002–2026)

This chart illustrates how Larsen & Toubro Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Larsen & Toubro Limited's earnings quality to evaluate the quality of earnings relative to operating cash generation.

Larsen & Toubro Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Larsen & Toubro Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
MPLX LP NYSE:MPLX	0.103x
Realty Income Corporation NYSE:O	0.021x
Ciena Corp NYSE:CIEN	0.082x
Great-West Lifeco Inc. TO:GWO	-0.010x
WW Grainger Inc NYSE:GWW	0.095x
Aon PLC F:4VK	0.043x
PING AN INSURANC.H ADR/2 F:PZXB	N/A
HONGK.EXCH.+CLEA.UNSP.ADR F:HK2	N/A

Annual Cash Flow Conversion Efficiency for Larsen & Toubro Limited (2002–2026)

The table below shows the annual cash flow conversion efficiency of Larsen & Toubro Limited from 2002 to 2026. For the full company profile with market capitalisation and key ratios, see Larsen & Toubro Limited (LT) market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs1.29 Trillion ≈ $13.90 Billion	Rs168.20 Billion ≈ $1.82 Billion	0.131x	+64.86%
2025-03-31	Rs1.15 Trillion ≈ $12.48 Billion	Rs91.61 Billion ≈ $990.70 Million	0.079x	-55.44%
2024-03-31	Rs1.03 Trillion ≈ $11.09 Billion	Rs182.66 Billion ≈ $1.98 Billion	0.178x	-19.01%
2023-03-31	Rs1.04 Trillion ≈ $11.20 Billion	Rs227.77 Billion ≈ $2.46 Billion	0.220x	+9.45%
2022-03-31	Rs953.74 Billion ≈ $10.31 Billion	Rs191.64 Billion ≈ $2.07 Billion	0.201x	-22.67%
2021-03-31	Rs879.20 Billion ≈ $9.51 Billion	Rs228.44 Billion ≈ $2.47 Billion	0.260x	+195.95%
2020-03-31	Rs762.44 Billion ≈ $8.25 Billion	Rs66.94 Billion ≈ $723.92 Million	0.088x	+228.80%
2019-03-31	Rs692.01 Billion ≈ $7.48 Billion	Rs-47.17 Billion ≈ $-510.11 Million	-0.068x	+58.36%
2018-03-31	Rs612.82 Billion ≈ $6.63 Billion	Rs-100.31 Billion ≈ $-1.08 Billion	-0.164x	-241.19%
2017-03-31	Rs537.80 Billion ≈ $5.82 Billion	Rs62.35 Billion ≈ $674.28 Million	0.116x	+282.25%
2016-03-31	Rs507.61 Billion ≈ $5.49 Billion	Rs-32.29 Billion ≈ $-349.19 Million	-0.064x	-336.59%
2015-03-31	Rs459.08 Billion ≈ $4.96 Billion	Rs-6.69 Billion ≈ $-72.34 Million	-0.015x	+91.44%
2014-03-31	Rs408.91 Billion ≈ $4.42 Billion	Rs-69.63 Billion ≈ $-753.06 Million	-0.170x	-65.36%
2013-03-31	Rs365.13 Billion ≈ $3.95 Billion	Rs-37.60 Billion ≈ $-406.64 Million	-0.103x	+49.42%
2012-03-31	Rs311.40 Billion ≈ $3.37 Billion	Rs-63.41 Billion ≈ $-685.73 Million	-0.204x	-234.63%
2011-03-31	Rs260.77 Billion ≈ $2.82 Billion	Rs-15.87 Billion ≈ $-171.60 Million	-0.061x	-163.44%
2010-03-31	Rs220.79 Billion ≈ $2.39 Billion	Rs21.18 Billion ≈ $229.04 Million	0.096x	+191.01%
2009-03-31	Rs150.46 Billion ≈ $1.63 Billion	Rs4.96 Billion ≈ $53.64 Million	0.033x	+131.26%
2008-03-31	Rs117.54 Billion ≈ $1.27 Billion	Rs-12.39 Billion ≈ $-134.02 Million	-0.105x	-134.27%
2007-03-31	Rs75.67 Billion ≈ $818.37 Million	Rs23.28 Billion ≈ $251.75 Million	0.308x	+46.93%
2006-03-31	Rs50.71 Billion ≈ $548.42 Million	Rs10.62 Billion ≈ $114.82 Million	0.209x	+102.75%
2005-03-31	Rs34.21 Billion ≈ $369.94 Million	Rs3.53 Billion ≈ $38.20 Million	0.103x	-13.27%
2004-03-31	Rs27.75 Billion ≈ $300.11 Million	Rs3.30 Billion ≈ $35.73 Million	0.119x	-63.66%
2003-03-31	Rs35.63 Billion ≈ $385.28 Million	Rs11.67 Billion ≈ $126.25 Million	0.328x	-17.44%
2002-03-31	Rs33.44 Billion ≈ $361.59 Million	Rs13.27 Billion ≈ $143.52 Million	0.397x	--

About Larsen & Toubro Limited

NSE:LT India Engineering & Construction

Market Cap

$56.79 Billion

Rs5.25 Trillion INR

Market Cap Rank

#467 Global

#6 in India

Share Price

Rs3817.40

Change (1 day)

-0.76%

52-Week Range

Rs3342.40 - Rs4418.10

All Time High

Rs4418.10