LARSEN AND TOUBRO

Presented By :
Bhasker Raju P

ABOUT COMPANY

Founded in Mumbai in 1938 by two Danish engineers, Henning

Holck-Larsen and Soren Kristian Toubro.

One of the largest and most respected companies in India's private

sector.

The Engineering Construction and Contracts Division of L&T is

among the Worlds Top Contractors and ranks 35th among top
global contractors and 60th among international contractors.

Currently it have 35,000 employee.

At present its revenue US$ 8.50 billion and net income is US$ 0.58
billion.

On 1st April 2010 share price is Rs. 1,655.70.

Its turnover is exceeding Rs.13270 crores.

VISION
L & T shall be a professionally-managed
Indian multinational,
Committed to total customer satisfaction
and enhancing shareholder value,
L & T-ites shall be innovative ,
entrepreneurial and empowered team
Constantly creating value,
And attaining global benchmarks.
L&T shall foster a culture of caring,
Trust and continuous learning
While meeting expectations of
Employees, stakeholder and society.

MISSION
To develop and deliver high quality Education
and research in project management in
consonance with the vision of L&T by
providing state-of-the-art infrastructure and
learner friendly atmosphere with innovative
pedagogy thereby creating a pool of world
class and socially responsible project
professionals.

PHILOSOPHY
The Company's philosophy on Corporate
Governance is built on a rich legacy of fair
and transparent governance and disclosure
practices, many of which were in existence
even before they were mandated by
legislation.

NET-SALES (CAGR) :
450
400
350
300
250

Increase
Previous Year

200
150
100
50
0
2007

2008

2009

2010

2011

OVER ALL A 25 % INCREASE IN COMPONDED ANNUAL GROWTH RATE

NET-SALES ( P A T )
45
40
35
30
25

Increases
Previous Year

20
15
10
5
0

2007

2008

2009

2010

OVER ALL A 28 % INCREASE IN PROFIT AFTER TAX.

2011

PERFORMANCE SUMMARY
Billion in ( Rs )

FY 2010

FY 2011

% Increase

Order Inflow

797.69

695.72

15 %

Order Book

1032.17

1002.39

30 %

Net Sales

434.96

366.75

19 %

Other Operational
Income

4.09

3.60

Total Net Revenues

439.05

370.35

19 %

PERFORMANCE SUMMARY
Billion

FY 2011

FY 2010

% CHANGE

EBITDA

56.23

48.16

17 %

EBITDA Margin

12.8 %

13.0 %

- 0.2 %

Intrest Expenses 6.47

5.05

28 %

Depreciation

5.99

4.15

45 %

Other Income

11.95

9.10

31 %

Provision on
Taxes

18.96

16.21

17 %

Recurring PAT

36.76

31.85

15 %

Extraordinary
Items

2.82

11.91

Profit after Tax

39.58

43.76

-10 %

PERFORMANCE HIGHLIGHTS

EBITDA

Recurring
PAT

Order Book
Sales
30%

Order
Inflow
15%

19%

10%
bps

15%

NET REVENUES FOR FY 2011

Engineering &
Construction

2%
6% 6%

Electrical & Electronics

86%

Machinary & Industrial

Projects
Others

EBITDA FOR FY 2011

EBITDA

Engineering &
Construction
Electrical &
Electronics
Machinary & Industrial
Projects
Others

CONCLUSION
Increase in the EBITDA indicates better
profitability of the company in the year.
Increase in interest due to increased interest
rates.
There has been an increase in the
depreciation charges indicating the purchase of
new machinery, that is increase in the asset
base

FUTURE DEVELOPMENT

Metro

Port

Powe
r

Road

Infra

OPPORTUNITIES AVAILABLE
Expand its operations by developing new
products and services within its existing lines of
business
Selectively identifying opportunities to expand into
New lines of business, as it has done in
- Investment management (in January 2010)
- Microfinance (in June 2008)
- Financial products distribution (in Sept 2007)
- Infrastructure finance (in January 2007).

THANK YOU !!!