Larsen & Toubro Ltd - Company Profile

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Larsen & Toubro Ltd: Segment Analysis

Business Description

Larsen & Toubro Ltd (L&T) is an engineering, procurement and construction (EPC) company. It carries out engineering, technology, construction development, manufacturing and financial services businesses. The company operates through seven reportable business segments: Infrastructure Projects, Energy Projects, Hi-Tech Manufacturing, IT & Technology Services, Financial Services, Developmental Projects, and Others.

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R&D Overview

In FY2023, the company spent INR1.2 billion on R&D, which is around 0.07% of the company’s revenue. In FY2023, the company filed eight patents and had 20 active collaborations and partnerships.

Business Segments

Overview

Develops and executes basic infrastructure projects in Public-Private Partnership format and toll collection. Operates through L&T Infrastructure Development Projects Limited (L&T IDPL), which develops infrastructure projects by private sector companies in partnership with the central and state government. Executes construction works for roads, metro rail, power transmission lines, wind energy and port projects.

Performance

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Overview

Comprises of hydrocarbon, power, and green energy business. Hydrocarbon business executes projects for oil & gas extraction and processing, petroleum refining, chemicals and petrochemicals, fertilisers, cross-country pipelines, and terminals. Power business offers turnkey solutions for coal and gas-based power plants, encompassing every aspect of design, engineering, manufacture, construction, and project management. Green energy business offers critical equipment manufacturing and engineering, procurement and construction (EPC) services for reputed Indian and International clients in oil and gas, thermal power, renewable energy and nuclear power.

Performance

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Overview

Offers rural finance, wholesale finance, housing finance, and infrastructure finance. Also offers asset management of mutual fund schemes and advisory services. Operates through its subsidiary L&T Finance Holdings (LTFH). Rural finance includes farm equipment finance, two-wheeler finance and microloan.

Performance

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Overview

Comprises of heavy and defence engineering business. Heavy engineering business manufactures engineered-to-order equipment for refinery, petrochemicals, fertiliser, oil & gas, and nuclear power plants. Defence engineering business develops and produces naval and land platforms, engineering systems for such platforms, weapon delivery systems with fire control solutions, radar systems & sensors, sub-systems for missile and space launch vehicles and avionic products.

Performance

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Overview

Offers EPC services for buildings and factories, transportation infrastructure, heavy civil infrastructure, power transmission and distribution, water and renewable energy projects and metallurgical & material handling systems. Carries out the construction projects for airports, hospitals, educational institutions, data centers, IT parks, stadiums, retail spaces, office buildings, high-rise structures, mass housing complexes, test tracks, cement plants and industrial warehouses. Carries out EPC contracts for the projects related to road, railways and airport sector such as runways, taxiways, aprons, airfield ground lighting, fuel hydrant systems, mainline railway, high-speed rail, cross drainage, toll booths, wayside amenities and others. Provides basic and detailed engineering, erection and commissioning, equipment fabrication and supply, procurement and construction and project management for these projects. Offers power transmission and distribution solutions such as installation and commissioning of transmission lines, substations, underground cable networks, power quality improvement projects, distribution networks, infrastructure electrification and fiber optic backbone infrastructure. Carries out water and effluent treatment such as sewage treatment plants, water treatment plants, desalination, municipal and industrial wastewater network, and water transmission and distribution. Also carries out metallurgical and material handling business and offers mineral crushing equipment and plants, surface miners, premium sand plants and material handling equipment.

Performance

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Overview

Offers engineering, research and development services to technology, manufacturing, and process engineering companies. Operates through its subsidiary Larsen & Toubro Infotech Limited, Larsen & Toubro Technology Services Limited and Mindtree Limited. Also develops and builds products, processes and infrastructure to deliver products and services to end customers. Offers high-end services and solutions across the entire engineering life cycle from conceptualization to aftermarket to various industries such as transportation, telecom, industrial products, consumer electronics and semiconductors, medical devices and process industry.

Performance

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Overview

Carries outsmart world & communication projects, metallurgical and material handling systems projects, marketing and servicing of construction and mining machinery and parts, manufacture and sale of rubber processing machinery and castings; industrial valves, welding and cutting equipment; and construction equipment. Provides smart world and communication services such as smart cities and smart infrastructure, public safety, critical infra security, intelligent traffic management, and communication and telecom infrastructure.

Performance

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Geographical Segments

Target Markets

The US, Saudi Arabia, Algeria, Bangladesh, Oman, the UAE, Kuwait, the UK, Qatar and Other Countries.

Performance

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Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

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