L&T Share Price in Focus; Semiconductor Unit Targets $500 Million Revenue by FY31

Larsen & Toubro's (L&T) semiconductor subsidiary, L&T Semiconductor Technologies, has outlined a long-term growth plan to achieve $500 million in annual revenue by FY2030-31, supported by an export-oriented business model, as per The Mint news report. 

Established in November 2023, the company is focusing on semiconductor chip design rather than fabrication, with 70% to 80% of its future revenue expected to come from international markets. 

Export-Led Growth Strategy 

L&T Semiconductor Technologies intends to build its business around specialised chip design services for global customers. 

According to Chief Executive Officer Sandeep Kumar, exports are expected to contribute 70% to 80% of the company's future revenue, reflecting its focus on international demand for advanced semiconductor design capabilities. 

Focus on Industrial Chip Design 

The company has chosen to operate as a chip design specialist instead of entering semiconductor manufacturing. 

Its development efforts are centred on chips for power infrastructure, industrial motors, security devices and data centre components.  

Management also said the company is exploring designs for consumer electronics, including ceiling fans and chargers, while indicating that higher-value industrial applications may remain the primary focus to support better margins. 

Financial Base and Investment 

L&T Semiconductor Technologies reported operating revenue of ₹13.52 crore in FY2026, reflecting its early stage of operations. 

To support its expansion, Larsen & Toubro invested ₹541.97 crore during FY2026, taking the total investment in the subsidiary to ₹859 crore.  

Read More: Mazagon Dock Shipbuilders Share Price Gains Over 2% After Q1 FY27 Earnings Results: Total Income Up 10.4% YoY! 

L&T Share Price Performance  

As of 31 July 2026, at 11:55 AM, L&T share price was trading at ₹3,937.80 per share, reflecting a decline of 0.0025% from the previous trading session. 

Conclusion 

L&T Semiconductor Technologies is pursuing an export-driven semiconductor design strategy with a target of $500 million in annual revenue by FY2030-31. Backed by continued investment from Larsen & Toubro, the company is focusing on industrial and infrastructure-related chip design while expanding its presence in international markets. 

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.  

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.