LARSEN & TOUBRO

Analyst Presentation - Q2/H1 FY22

October 27, 2021

Disclaimer

This presentation contains certain forward looking statements concerning L&T's future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statements.

The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, competition (both domestic and international), economic growth in India and the target countries for exports, ability to attract and

retain highly skilled professionals, time and cost over runs on contracts, our ability to

manage our international operations, government policies and actions with respect to investments, fiscal deficits, regulations, etc., interest and other fiscal costs generally prevailing in the economy. Past performance may not be indicative of future performance.

The company does not undertake to make any announcement in case any of these forward looking statements become materially incorrect in future or update any forward looking statements made from time to time by or on behalf of the company.

L&T Innovation Campus, Chennai

2

01

Key

Highlights

Rishikesh-Karnaprayag Rail Link Package 2

3

Striking a balance between "Profitable Growth" & "Capital Employed" This far……and beyond

Delay in awards

Order Book at

finalization despite

near record

robust tendering

high levels

activity

EBITDA margin

Focus on "profitable

improves on better

Return ratios being

execution" and

overhead recovery

pursued rigorously

"cash generation"

despite commodity

headwinds

Improved ridership

Thrust on

Strong tailwinds in

"Retaili-sation"

Divestment of Hydel

IT & TS portfolio

in Hyderabad Metro

of Financial Services

Asset

book

4

Key Financial Indicators

(Amount in ₹ bn)

Q2 FY21

Q1 FY22

Q2 FY22

% Var

% Var

Particulars

H1FY21

H1FY22

% Var

(y-o-y)

(q-o-q)

(y-o-y)

280

266

421

50%

59%

Order Inflow

516

687

33%

Order Book

2989

3305

11%

310

293

348

12%

19%

Revenue

523

641

23%

10.7%

10.8%

11.5%

EBITDA (%)

9.5%

11.2%

11

12

17

56%

47%

Operational PAT

13

29

>100%

55

12

18

-67%

55%

Overall PAT

58

30

-49%

Particulars

H1FY21

H1FY22

Net Working Capital

26.7%

22.0%

RONW (TTM) (%)*

16.8%

11.8%

*Includes gain on divestment of Discontinued (E&A) business

5

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Larsen & Toubro Limited published this content on 27 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 October 2021 13:17:14 UTC.