Larsen & Toubro Ltd
Fortune 500 2024
+ 14 More
+ 14 More
Share
Share
OVERVIEW
FINANCIALS
NEWS
About
Larsen & Toubro Group is India’s largest Engineering, Procurement and Construction (EPC) organization and a leading global contractor. The company was established in Mumbai in 1938 by Danish engineers Henning Holck-Larsen and Søren Kristian Toubro. Headquartered in Mumbai, its services serve customers in 30+ countries. L&T is currently headed by Chairman & Managing Director S. N. Subrahmanyan. The company has a presence across the hydrocarbon, infrastructure, power, process industries and defence sectors. It has 19 manufacturing locations across India including Mumbai, Chennai, Bangalore and Coimbatore. Some of its iconic projects include the Ram Janmabhoomi Temple, the Mumbai Trans Harbour Link and the Mansourah Massarah Gold Project in Saudi Arabia.
Incorporation Year: 1946
Headquarters: Mumbai
Top Management: Chairman & Managing Director S. N. Subrahmanyan.
Industry: Engineering & Construction
Website: www.larsentoubro.com
Featured In Fortune India Ranking
Fortune 500 India
#12(2024)
#12(2023)
#12(2022)
#11(2021)
#10(2020)
#11(2019)
#12(2018)
#13(2017)
#12(2016)
#12(2015)
#12(2014)
#13(2013)
#14(2012)
#14(2011)
#13(2010)
#12(2024)#12(2023)#12(2022)#11(2021)#10(2020)#11(2019)#12(2018)#13(2017)#12(2016)#12(2015)#12(2014)#13(2013)#14(2012)#14(2011)#13(2010)
Ranking Trend Fortune 500 India
Financial Data 2024
Revenue
224,364
(INR Cr)
Net Operating Income
221,113
(INR Cr)
Assets
220,573
(INR Cr)
Profit
13,059
(INR Cr)
Net Worth
86,359
(INR Cr)
Fortune India Coverage
Read More
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 224364 18.0% | 190103 18.1% | 160962 9.3% | 147303 -0.4% | 147820 6.6% | 138652 13.0% | 122758 10.6% | 110974 8.1% | 102636 9.0% | 94140 8.2% | 87021 11.5% | 78020 18.6% | 65798 22.3% | 53787 16.6% | 46140 9.7% | 42070 - |
| Net Operating Income (INR Cr) | 221113 20.60% | 183341 17.13% | 156521 15.11% | 135979 -6.51% | 145452 7.57% | 135220 12.98% | 119683 9.49% | 109312 8.10% | 101122 9.91% | 92005 8.08% | 85128 14.27% | 74498 15.84% | 64313 23.58% | 52044 18.73% | 43833 8.56% | 40377 37.76% |
| Profit (INR Cr) | 13059 24.7% | 10471 20.8% | 8669 -25.2% | 11583 21.3% | 9549 7.2% | 8905 20.8% | 7370 22.0% | 6041 41.1% | 4281 -10.2% | 4765 -3.2% | 4923 -5.7% | 5219 11.0% | 4702 5.4% | 4464 -18.1% | 5452 43.8% | 3790 - |
| Assets (INR Cr) | 220573 -2.2% | 225442 1.6% | 221844 -0.8% | 223578 1.1% | 221059 13.0% | 195668 16.1% | 168574 13.4% | 148659 9.3% | 135956 -3.8% | 141388 12.1% | 126101 20.5% | 104646 24.8% | 83863 31.4% | 63819 36.7% | 46686 31.8% | 35416 - |
| Net Worth (INR Cr) | 86359 -3.3% | 89326 8.4% | 82408 8.6% | 75869 13.7% | 66723 7.0% | 62375 13.6% | 54904 9.3% | 50217 13.7% | 44180 8.0% | 40894 8.5% | 37692 11.4% | 33839 15.3% | 29362 17.4% | 25021 19.4% | 20960 50.2% | 13956 29.2% |
| Employee Cost (INR Cr) | 41171 10.6% | 37214 25.3% | 29696 20.0% | 24751 7.1% | 23114 32.3% | 17466 14.4% | 15271 10.2% | 13854 3.9% | 13331 11.7% | 11931 13.6% | 10500 27.0% | 8266 20.2% | 6875 30.9% | 5254 71.4% | 3065 16.3% | 2636 - |
| Interest Cost (INR Cr) | 9512 | 9445 | 9235 | 11750 | 11021 | 9339 | 7714 | 6829 | 6899 | 7266 | 6494 | 4642 | 3008 | 1931 | 1520 | 1245 |
| Cash & Bank Balance (INR Cr) | 15358 | 22520 | 18953 | 16242 | 15118 | 11726 | 8033 | 5306 | 5390 | 5756 | 4097 | 3566 | 3379 | 3645 | 3322 | 1459 |
| Total Debt (INR Cr) | 116322 | 120650 | 125292 | 133505 | 141770 | 124579 | 106619 | 92807 | 86823 | 93630 | 80846 | 63144 | 51568 | 37216 | 24607 | 20370 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 5.8% | 5.5% | 5.4% | 7.9% | 6.5% | 6.4% | 6.0% | 5.4% | 4.2% | 5.1% | 5.7% | 6.7% | 7.2% | 8.3% | 11.8% | 9.0% |
| Profit As % Of Assets | 5.9% | 4.6% | 3.9% | 5.2% | 4.3% | 4.6% | 4.4% | 4.1% | 3.2% | 3.4% | 3.9% | 5.0% | 5.6% | 7.0% | 11.7% | 10.7% |
| Profit As % Of Networth | 15.1% | 11.7% | 10.5% | 15.3% | 14.3% | 14.3% | 13.4% | 12.0% | 9.7% | 11.7% | 13.1% | 15.4% | 16.0% | 17.8% | 26.0% | 27.2% |
| Interest Cost to EBITDA % | 32.3% | 35.7% | 38.0% | 59.0% | 44.9% | 40.8% | 38.9% | 41.8% | 43.9% | 46.3% | 46.1% | 37.6% | 28.2% | 21.9% | 22.5% | 23.8% |
| Debt to Equity Ratio | 1.35 | 1.35 | 1.52 | 1.76 | 2.12 | 2.00 | 1.94 | 1.85 | 1.97 | 2.29 | 2.14 | 1.87 | 1.76 | 1.49 | 1.17 | 1.46 |
| RONW | 17.7% | 14.7% | 13.0% | 21.7% | 16.8% | 17.5% | 18.7% | 14.6% | 13.1% | 11.3% | 13.1% | 13.6% | 16.4% | 16.6% | 20.6% | 21.3% |
| ROCE | 14.5% | 12.6% | 11.3% | 10.7% | 12.5% | 13.4% | 13.9% | 11.3% | 11.1% | 10.6% | 12.3% | 12.0% | 13.5% | 14.6% | 16.7% | 18.5% |