Company Larsen & Toubro Limited

Equities

LT

INE018A01030

Construction & Engineering

Market Closed - Bombay S.E. 06:28:14 2024-04-16 am EDT 5-day change 1st Jan Change
3,545 INR -1.55% Intraday chart for Larsen & Toubro Limited -6.32% +0.51%

Business Summary

Larsen & Toubro Limited is a diversified group. Net sales (not including sold divisions) break down by activity as follows:

- engineering and construction services (68.5%): implementation of turnkey projects of transportation, building, factories, engineering instruments, etc.;

- construction, installation and implementation of hydrocarbon exploration and production projects (17.2%);

- development of thermal power plants and manufacturing of energy production equipment (4.4%);

- manufacturing of aerospace and defense equipment and systems (3.2%);

- manufacturing of custom designed equipment and systems for core industries (2.7%): equipment and systems for the fertilizer, refining, petrochemical, chemical, oil and gas, thermal and nuclear energy industries;

- other (4%): manufacturing of industrial machines and products (industrial valves, welding machines, building equipment, etc.), production of concrete, real estate development, etc.

Net sales are distributed geographically as follows: India (80.1%), Saudi Arabia (3.6%), United Arab Emirates (2.2%), Qatar (2.1%), Kuwait (1.6%) and other (10.4%).

Number of employees: 49,039

Sales per Business

INR in Million2022Weight2023Weight Delta
Infrastructure
47.3 %
724,044 46.3 % 867,174 47.3 % +19.77%
Information Technology & Technology Service
22.2 %
322,558 20.6 % 407,374 22.2 % +26.29%
Energy Projects
13.6 %
- - 249,072 13.6 % -
Financial Services
6.9 %
119,711 7.6 % 125,749 6.9 % +5.04%
Others
3.7 %
59,877 3.8 % 68,446 3.7 % +14.31%
Hi-Tech
3.6 %
- - 65,349 3.6 % -
Developmental Projects
2.7 %
43,675 2.8 % 50,244 2.7 % +15.04%

Sales per region

INR in Million2022Weight2023Weight Delta
India
62.5 %
1,007,386 64.4 % 1,145,538 62.5 % +13.71%
United States
15.5 %
219,145 14.0 % 285,060 15.5 % +30.08%
Saudi Arabia
8.4 %
78,485 5.0 % 153,797 8.4 % +95.96%
Other Countries
6.3 %
103,780 6.6 % 116,153 6.3 % +11.92%
United Arab Emirates
1.3 %
28,137 1.8 % 24,218 1.3 % -13.93%
Oman
1.3 %
29,976 1.9 % 23,596 1.3 % -21.28%
Qatar
1.3 %
21,401 1.4 % 23,221 1.3 % +8.50%
Algeria
1.0 %
19,844 1.3 % 19,196 1.0 % -3.27%
United Kingdom
1.0 %
15,652 1.0 % 18,644 1.0 % +19.12%
Bangladesh
0.9 %
24,739 1.6 % 16,624 0.9 % -32.80%
Kuwait
0.4 %
16,668 1.1 % 7,360 0.4 % -55.85%

Managers

Managers TitleAgeSince
Chief Executive Officer 64 84-10-31
Director of Finance/CFO 65 93-12-31
Compliance Officer - 17-11-30
Director/Board Member - 22-08-04
Director/Board Member 61 20-07-10
Director/Board Member 63 20-07-10
Director/Board Member 67 79-12-31
Director/Board Member 66 15-08-18
Director/Board Member 81 64-12-31
Corporate Officer/Principal 66 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 65 21-02-28
Director/Board Member 81 64-12-31
Director/Board Member 70 23-05-09
Director of Finance/CFO 65 93-12-31
Director/Board Member 66 15-08-18
Chief Executive Officer 64 84-10-31
Director/Board Member 64 18-05-27
Director/Board Member 66 23-05-09
Director/Board Member 63 20-07-10
Director/Board Member 61 20-07-10

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,374,668,619 1,150,467,616 ( 83.69 %) 0 83.69 %

Shareholders

NameEquities%Valuation
L&T Employee Welfare Foundation
14.01 %
192,558,158 14.01 % 8 714 M ₹
Life Insurance Corporation of India (Investment Portfolio)
11.21 %
154,112,736 11.21 % 6 974 M ₹
SBI Funds Management Ltd.
4.120 %
56,633,699 4.120 % 2 563 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt)
3.620 %
49,760,919 3.620 % 2 252 M ₹
GIC Pte Ltd. (Investment Management)
3.218 %
44,235,069 3.218 % 2 002 M ₹
UTI Asset Management Co. Ltd. (Investment Management)
1.703 %
23,415,021 1.703 % 1 060 M ₹
General Insurance Corp. of India (Invt Port)
1.596 %
21,937,511 1.596 % 993 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt)
1.280 %
17,601,561 1.280 % 796 M ₹
Kotak Mahindra Asset Management Co. Ltd.
1.094 %
15,033,180 1.094 % 680 M ₹
Aditya Birla Sun Life Amc Ltd. (Investment Management)
1.048 %
14,407,653 1.048 % 652 M ₹
NameEquities%Valuation
abrdn Alternative Investments Ltd.
0.0332 %
455,764 0.0332 % 21 M ₹
NLB Skladi doo
0.009660 %
132,787 0.009660 % 6 M ₹
Goldman Sachs Asset Management International
0.009468 %
130,157 0.009468 % 6 M ₹
Universal-Investment-Gesellschaft mbH (Invt Mgmt)
0.007153 %
98,325 0.007153 % 4 M ₹
Nomura Asset Management USA, Inc.
0.006313 %
86,777 0.006313 % 4 M ₹
Amundi Asset Management SA (Investment Management)
0.003908 %
53,716 0.003908 % 2 M ₹
Pension Reserves Investment Management Board
0.003123 %
42,930 0.003123 % 2 M ₹
Sava Infond DZU, doo
0.002916 %
40,085 0.002916 % 2 M ₹
Migdal Mutual Funds Ltd.
0.002632 %
36,177 0.002632 % 2 M ₹
Quaero Capital LLP
0.002208 %
30,349 0.002208 % 1 M ₹

Holdings

NameEquities%Valuation
203,169,279 68.60% 12,024,508,763 $
77,986,899 73.74% 5,124,399,033 $
1,639,229,920 65.86% 3,108,356,951 $
7,535,866 2.86% 564,738 $

Company contact information

Larsen & Toubro Ltd.

L&T House Ballard Estate

400001, Mumbai

+91 22 6752 5656

http://larsentoubro.com
address Larsen & Toubro Limited(LT)

Group companies

NameCategory and Sector
Engineering & Construction
Financial Conglomerates
Trucks/Construction/Farm Machinery
Finance/Rental/Leasing
Real Estate Development
Electric Utilities
Finance/Rental/Leasing
Engineering & Construction
Investment Managers
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