Larsen & Toubro Limited (LT.NS)

1,572.50 -31.60 (-1.97%) At close: 03:30PM IST

Larsen & Toubro Limited

L&T House
Norottarm Morarjee Marg Ballard Estate P O Box: 278
Mumbai 400001
India
91 22 6752 5656
https://www.larsentoubro.com

Sector(s): Industrials
Industry: Engineering & Construction
Full-time employees: 40,253

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Sekharipuram Narayanan Subrahmanyan	CEO, MD & Whole Time Director	285M	N/A	1960
Mr. Ramamurthi Shankar Raman	CFO & Whole-Time Director	132.3M	N/A	1958
Mr. A. Sivaram Nair	Exec. VP, Company Sec. & Compliance Officer	N/A	N/A	N/A
Mr. Subramanian Sarma	Sr. EVP of Energy & Whole-Time Director	120.44M	N/A	1958
Mr. Dip Kishore Sen	Sr. EVP of Devel. Projects & Whole-Time Director	49.8M	N/A	1956
Mr. M. V. Satish	Sr. EVP of Buildings & Whole-Time Director	53.7M	N/A	1957
Mr. Jayant Damodar Patil	Sr. EVP of Defense & Smart Technologies and Whole-Time Director	53.6M	N/A	1954
Mr. Tharayil Madhava Das B.Tech.	Sr. EVP of Utilities & Whole-Time Director	37.44M	N/A	1963
Mr. Sudhindra Vasantrao Desai	Sr. EVP of Civil Infrastructure & Whole-Time Director	35.43M	N/A	1960
Marnix Coomans	Technical Head	N/A	N/A	1977

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes 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 worldwide. The Infrastructure segment engineers and constructs building and factories, transportation infrastructure, heavy civil infrastructure, power transmission and distribution, water and effluent treatment, and metallurgical and material handling systems. The Power segment offers turnkey solutions for coal-based and gas-based thermal power plants, including power generation equipment with associated systems and balance-of-plant packages. The Heavy Engineering segment manufactures and supplies custom designed, engineered critical equipment and systems to the fertilizer, refinery, petrochemical, chemical, oil and gas, and thermal and nuclear power industries. The Defence Engineering segment designs, develops, produces, and supports equipment, systems, and platforms for the defense and aerospace sectors. This segment also designs, constructs, and repairs/refits defense vessels. The Others segment engages in the realty, hydrocarbons, and industrial valves businesses; smart world and communication businesses, including military communications; marketing and servicing of construction and mining machinery and parts; and manufacturing and sale of rubber processing machinery. The company was founded in 1938 and is headquartered in Mumbai, India.

Corporate governance

Larsen & Toubro Limited’s ISS governance QualityScore as of 1 May 2022 is 10. The pillar scores are Audit: 3; Board: 8; Shareholder rights: 6; Compensation: 10.

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 10 indicates higher governance risk.