L&T wins two government building orders in Delhi and Andhra Pradesh

Order win
Engineering

Blacklitt Research21 October 20263 min read

L&T (NSE: LT) won two government building orders, one from the Central Public Works Department in New Delhi and one from the Government of Andhra Pradesh, it said in a filing on 21 Oct 2026. L&T classes both as "Large", a band its press release puts at ₹2,500 crore to ₹5,000 crore. Its market value was ₹5,00,223 crore at the 21 Oct 2026 close of ₹3,636.

Key highlights

Delhi: Central Secretariat buildings 4 and 5 on Kartavya Path, 32.8 lakh sq ft built-up
Andhra Pradesh: two office towers at Amaravati, 37.5 lakh sq ft built-up
Delhi completion in 24 months, then five years of operation and maintenance
Amaravati completion in 30 months, on a design-and-build basis

The two orders at a glance

Order	Awarded by	Scope	Built-up area	Completion
Central Secretariat buildings 4 and 5, New Delhi	Central Public Works Department	Engineering, procurement and construction; two buildings of basement, ground and seven floors	32.8 lakh sq ft	24 months, then five years of operation and maintenance
Two office towers at Amaravati	Government of Andhra Pradesh	Design and build; shell and core works; towers of basement, ground and 47 floors	37.5 lakh sq ft	30 months

What the two orders involve

Both orders go to L&T's Public Spaces, Airports and Health business vertical. The Delhi contract covers the Common Central Secretariat buildings 4 and 5 along Kartavya Path, to be built on an engineering, procurement and construction basis. L&T's scope there covers structural, architectural, MEP and external development works. The Amaravati contract covers two office towers on either side of the Amaravati Quantum Computing Centre, and L&T's scope includes shell and core works.

Recent order flow and project context

On 19 Oct 2026 L&T filed a further order notice and another notice on initial activities for the Ultra-Mega New Tashkent International Airport project, which our article on the Tashkent project covers. Our earlier article on the 2x800 MW Chandrapura thermal power plant covers another recent order. In the June 2026 quarter, consolidated revenue was ₹70,318 crore and net profit was ₹4,988 crore.

What the orders mean for L&T's shareholders

The orders add two long-dated government building contracts to L&T's order book, and both run beyond construction into operation or maintenance terms. The Delhi buildings are due in 24 months, followed by five years of operation and maintenance, and the Amaravati towers in 30 months. The filing gives no value for either order, so it does not say how much either adds to revenue. The next dated step in the company's filings is a board meeting on 27 Oct 2026.

Reference: Original filing (PDF)

Sign up to continue reading

Create a free account to read the rest of this article and the analysis that follows.

Disclaimer:

The information available on this article is provided for education and informational purposes only. It does not constitute or provide financial, investment or trading advice and should not be construed as an endorsement of any specific stock or financial strategy in any form or manner. We do not make any representations or warranties regarding the quality, reliability, or accuracy of the information provided. This website may contain links to third-party content. We are not responsible for the content or accuracy of these external sources and do not endorse or verify the information provided by third parties. We are not liable for any decisions made or actions taken based on the information provided on this website.