Motilal Oswal has raised considerations that order inflows may be cumbersome and there could also be deferment of orders in FY22. Larsen and Toubro’s (L&T’s) steering on order inflows for the monetary yr 2021-2022 appears aggressive to analysts monitoring the corporate, whereas that on income and margins appears achievable. The corporate on Friday stated it
Larsen & Toubro
Labour was 240,000 in March 2021, which L&T would have favored to ramp as much as 275-300,000 in FY22E. (Bloomberg picture) Q4FY21 EBITDA was 5% decrease than expectations given decrease revenues. Low to mid-teens (13-17%) progress steerage for FY22e revenues and order stream with secure margins displays realism on the 2nd wave influence and restoration