Larsen & Toubro Limited (LT.BO)

3,605.85 +18.70 (+0.52%) At close: 03:53PM IST

Larsen & Toubro Limited

L&T House
N.M. Marg Ballard Estate
Mumbai 400001
India
91 22 6752 5656
https://www.larsentoubro.com

Sector(s): Industrials
Industry: Engineering & Construction
Full Time Employees: 54,303

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Sekharipuram Narayanan Subrahmanyan	MD & Chairman	510.5M	N/A	1960
Mr. Ramamurthi Shankar Raman	President, CFO & Whole-Time Director	316.6M	N/A	1958
Mr. Azhakankumarath Sivaram Nair	Company Secretary & Compliance Officer	17.2M	N/A	N/A
Mr. Subramanian Sarma	Whole-time Director & President of Energy	370.3M	N/A	1958
Mr. Tharayil Madhava Das B.Tech.	Senior EVP of Utilities & Whole-Time Director	187.4M	N/A	1963
Mr. Sudhindra Vasantrao Desai	Senior EVP of Civil Infrastructure & Whole-Time Director	192.1M	N/A	1960
Mr. Anil V. Parab	Sr. VP & Head of Heavy Engineering	125.2M	N/A	N/A
Marnix Coomans	Technical Head	N/A	N/A	1977
Bahadur Hitendra	Head of Administration	N/A	N/A	1956
Mr. Parameswaran Ramakrishnan	Vice President of Corporate Accounts & Investor Relations	N/A	N/A	1968

Amounts are as of December 31, 2024 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Larsen & Toubro Limited engages in engineering, construction, and manufacturing operations in India and internationally. The Infrastructure Projects segment is involved in the engineering and construction of building and factories, transportation infrastructure, heavy civil infrastructure, power transmission and distribution, water and effluent treatment, and minerals, and metals. The Energy Projects segment provides front-end design, modular fabrication, procurement, project management, construction, installation, and commissioning services for the oil and gas industry; coal-based and gas-based thermal power plants, including power generation equipment with associated systems and balance-of-plant packages; and engineering, procurement, and construction solutions in green energy space. The Hi-Tech Manufacturing segment designs, manufactures/constructs, supplies, and revamps/retrofits engineered critical equipment and systems for the process plants, nuclear energy, and green hydrogen sectors; marine and land platforms, and related equipment and systems, as well as aerospace products and systems, and precision and electronics products and systems for defense, security, space, and industrial sectors; and electrolysers. The IT & Technology Services segment offers information technology and integrated engineering services, e-commerce/digital platforms and data centres, and semiconductor chip design solutions. The Financial Services segment provides retail and wholesale financing services. The Development Projects segment develops, operates, and maintains infrastructure projects; and engages in toll and fare collection, as well as power generation and development activities. The Others segment manufactures and sells industrial valves and rubber processing machinery; manufactures, markets and services construction equipment and parts; and markets and services mining machinery and parts. Larsen & Toubro Limited was founded in 1938 and is headquartered in Mumbai, India.

Corporate Governance

Larsen & Toubro Limited’s ISS Governance QualityScore as of June 1, 2024 is 7. The pillar scores are Audit: 3; Board: 8; Shareholder Rights: 1; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.