Larsen and Toubro is one of India's largest companies founded in 1938 by two Danish engineers. It has over 35,000 employees and annual revenue of $8.5 billion. Its engineering and construction division ranks among the top global contractors. While its order book grew 30% in 2010-2011, net sales increased 19% and EBITDA grew 17% indicating better profitability. The company aims to further expand its operations in areas like metro, port and power projects as well as roads and other infrastructure opportunities.

1. LARSEN AND TOUBRO
Presented By :
Bhasker Raju P

2. 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 World’s Top Contractors and ranks 35th among top
global contractors and 60th among international contractors.
• Currently it have 35,000 employee.
• At present it’s revenue US$ 8.50 billion and net income is US$ 0.58
billion.
• On 1st April 2010 share price is Rs. 1,655.70.
• It’s turnover is exceeding Rs.13270 crores.

3. 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.

4. 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.

5. 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.

8. 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 4.09 3.60
Income
Total Net Revenues 439.05 370.35 19 %

9. 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 18.96 16.21 17 %
Taxes
Recurring PAT 36.76 31.85 15 %
Extraordinary 2.82 11.91
Items
Profit after Tax 39.58 43.76 -10 %

10. PERFORMANCE HIGHLIGHTS
10%
bps 15%
30%
19%
15%

13. 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

14. FUTURE DEVELOPMENT
Metro Port Power Road Infra

15. 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).

16. THANK YOU !!!