L&T Wins Multiple Mega Orders for Metals & Minerals Business
Larsen & Toubro's Metals & Minerals business vertical has won multiple Mega-category orders spanning iron ore handling, steel plant expansion, zinc processing, and a latest contract valued between ₹10,000 crore and ₹15,000 crore. These wins reinforce the company's EPC capabilities across the metals and minerals value chain, with projects located across Chhattisgarh, West Bengal, and other sites.

*this image is generated using AI for illustrative purposes only.
Larsen & Toubro Limited has secured multiple orders classified as 'Mega' from leading domestic metals and mining companies, reinforcing its position in the engineering, procurement, and construction (EPC) sector. The orders, secured by its Metals & Minerals (M&M) business vertical, span projects involving iron ore handling, steel plant expansion, and zinc processing. In the latest development, the company has secured an additional Mega contract valued between ₹10,000 crore and ₹15,000 crore, further strengthening its order pipeline in this segment.
Key Order Wins
The first order originates from a public sector company, identified as India's largest iron ore producer. As part of an expansion programme targeting 100 MTPA of iron ore production capacity by 2030, Larsen & Toubro was awarded Package #BE-01C for an 18 MTPA Iron Ore Handling Plant located in Chhattisgarh. The scope of work for this project includes design and engineering, procurement, installation, and commissioning of a downhill conveyor system, screening plant, stockpile, yard equipment, Rapid Wagon Loading System (RWLS), and associated auxiliaries.
A second order was received from a public sector Navratna company undertaking the expansion of a Steel Plant in West Bengal. The expansion aims to increase capacity from 2.5 MTPA to 7.1 MTPA. For this project, the company has secured various Design & Build and Balance of Plant packages.
Additionally, the company continues its association with a major private sector metals producer through a new EPC order for a Zinc Processing Plant. The scope for this project comprises design and engineering, procurement, installation, commissioning, and associated site services. This order highlights the company's expertise in non-ferrous metallurgical projects.
Latest Contract Win
In its most recent order announcement, Larsen & Toubro has secured a Mega contract valued between ₹10,000 crore and ₹15,000 crore. While specific project details for this latest win have not been disclosed, the award is consistent with the company's ongoing momentum in securing large-scale EPC contracts within the metals and minerals domain.
The following table summarises the key details of the major project wins secured by the Metals & Minerals business vertical:
| Project: | Details |
|---|---|
| Iron Ore Handling Plant | 18 MTPA capacity, Chhattisgarh; Package #BE-01C for India's largest iron ore producer |
| Steel Plant Expansion | Capacity expansion from 2.5 MTPA to 7.1 MTPA, West Bengal; public sector Navratna company |
| Zinc Processing Plant | EPC order from major private sector metals producer; non-ferrous metallurgical project |
| Latest Mega Contract | Valued between ₹10,000 crore and ₹15,000 crore |
Order Classification
The company classifies orders based on their value. The 'Mega' category, under which all these recent wins fall, includes orders valued between ₹10,000 crore and ₹15,000 crore. The table below outlines the full classification framework:
| Classification: | Value (₹ Crore) |
|---|---|
| Significant | 1,000 to 2,500 |
| Large | 2,500 to 5,000 |
| Major | 5,000 to 10,000 |
| Mega | 10,000 to 15,000 |
| Ultra-Mega | >15,000 |
Historical Stock Returns for Larsen & Toubro
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.70% | -0.16% | -7.99% | +1.18% | +11.99% | +138.30% |
How will the execution of these multiple 'Mega' projects impact L&T's working capital requirements and debt levels over the next fiscal year?
Given the recent wins, what is the revised revenue guidance for the Metals & Minerals business vertical for the upcoming quarters?
Does the undisclosed ₹10,000–15,000 crore contract suggest a strategic pivot toward specific sub-sectors within the metals and mining industry?


































