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Larsen & Toubro Limited (LTOD.IL)

IOB - IOB Delayed price. Currency in USD
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45.30+0.70 (+1.57%)
At close: 06:03PM GMT

Larsen & Toubro Limited

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

Sector(s)Industrials
IndustryEngineering & Construction
Full-time employees49,039

Key executives

NameTitlePayExercisedYear born
Mr. Sekharipuram Narayanan SubrahmanyanMD & Chairman4.29MN/A1960
Mr. Ramamurthi Shankar RamanCFO & Whole-Time Director2.67MN/A1958
Mr. Subramanian SarmaSr. EVP of Energy & Whole-Time Director3.04MN/A1958
Mr. M. V. SatishSr. EVP of Buildings & Whole-Time Director1.48MN/A1957
Mr. Tharayil Madhava Das B.Tech.Sr. EVP of Utilities & Whole-Time Director1.38MN/A1963
Mr. Sudhindra Vasantrao DesaiSr. EVP of Civil Infrastructure & Whole-Time Director1.61MN/A1960
Mr. Anil V. ParabSr. VP & Head of Heavy Engineering689.19kN/AN/A
Marnix CoomansTechnical HeadN/AN/A1977
Bahadur HitendraHead of Admin.N/AN/A1956
Mr. Parameswaran RamakrishnanVP of Corp. Accounts & Investor RelationsN/AN/A1968
Amounts are as of 31 December 2023, 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 USD.

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 minerals, and metals. The Hydrocarbon segment provides front-end design, modular fabrication, procurement, project management, construction, installation, and commissioning for the oil and gas industry. The Power segment offers 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, 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. This segment also operates digital platforms, such as SuFin for B2B e-commerce; and EduTech offers engineering and technology related content. Larsen & Toubro Limited was founded in 1938 and is headquartered in Mumbai, India.

Corporate governance

Larsen & Toubro Limited’s ISS governance QualityScore as of 1 October 2023 is 8. The pillar scores are Audit: 2; 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 10 indicates higher governance risk.