Company profile

L&T, headquartered in Mumbai, is a technology-driven engineering and construction Company,

and one of the largest companies in India’s private sector. It has additional interests in
manufacturing, services, information technology and financial service.Larsen & Toubro Limited
(L&T) is India's largest engineering and construction conglomerate with additional interests in
electrical, electronics and IT. A strong customer-focus approach and constant quest for top-class
quality have enabled L&T to attain and sustain leadership over 7 decades.
L&T's international presence is on the rise, with a global spread of over 30 offices and joint
ventures with world leaders. Its large technology base and pool of experienced personnel enable it
to offer integrated services in world markets. Joint ventures with world leaders have enhanced its
presence. Its large technology base and a pool of professionally qualified and experienced
personnel enable it to offer integrated services in world market. It is possible for them to remain
as leaders in the business world due to their regular transformation of resources with changing
trends in the business environment. L&T believes that progress must necessarily be achieved in
harmony with the society. This is evident from the total commitment of L&T in the form of
excellent Corporate Social Responsibility programs (CSR) going on in various parts of the country.
L&T has integrated its strengths in basic and detailed engineering, process technology, project
management, procurement, fabrication and erection, construction and commissioning, to offer
single point responsibility under stringent delivery schedules. Strategic alliances with world
leaders enable L&T to access technical know-how and execute process intensive, large scale
turnkey projects to maintain its leadership position.
L&T enjoys a brand image in India and several countries offshore. With factories and offices
located all over the country and abroad, L&T operations are supplemented by a comprehensive
distribution network and nationwide ramifications for customer service and delight!
.
VISION

The L&T vision reflects the collective goal of the company. It was drafted through a largescale
interactive process which engaged employees at every level, worldwide.

MISSION

To compete and grow in a globalised business environment, L&T is implementing a strategic

plan (LAKSHYA) for 2005-10. The plan has been drawn up in consultation with a leading
international strategy consultant. It has set ambitious growth targets for each business. Create
long-term value for our customers through superior product structuring by capitalizing on our
knowledge pool. Also included are opportunities for diversification of L&T's business portfolio.

Source of the finance of the company

EQUITY SHARE CAPITAL
An equity share, commonly referred to as ordinary share also represents the form of fractional or
part ownership in which a shareholder, as a fractional owner, undertakes the maximum
entrepreneurial risk associated with a business venture. The holders of such shares are members
of the company and have voting rights.

2018 2017 2016 2015 2014

280.27 186.59 186.30 185.91 185.38

ANALYSIS
L&T Finance Holdings has allotted 12,95,075 (Twelve Lakhs Ninety Five Thousand and Seventy
Five) equity shares on 19 July 2018 to those option grantees who had exercised their options under
various ESOP schemes of the Company.

The said equity shares will rank pari - passu with the existing equity shares of the Company in all
respects.
PREFERENCE SHARE CAPITAL
A special class of a company's shares, on which dividends are paid before the dividends on
ordinary shares, and whose holders are repaid before others if the company goes bankrupt
2018 2017 2016 2015 2014
1,034 1,213.40 1,213.40 1,363.40 1,000.00

ANALYSIS
L&T Finance Holdings will meet on October 2018 to approves raising funds through issue of
cumulative compulsorily redeemable non-convertible preference shares aggregating Rs 250 crore
on a private placement basis and determine the issue price for the proposed issue.
Equity Shares of Rs. 10 each on May 2018 to employees/directors of the company pursuant to
exercise of Stock Options under Employee Stock Option Scheme 2015 ('ESOP SCHEME 2015').
Consequent to the said allotment, the paid up Equity Share Capital has increased
to Rs. 1,91,14,955 Equity Shares of Rs. 10 each
RETAIN EARNING
2018 2017 2016 2015 2014
LOAN
The principal payment is a reduction of a liability, such as Notes Payable or LoansPayable, which
is reported on the balance sheet

2018 2017 2016 2015 2014

1,684.13 1,777.54 3,031.73 2,720.83 3,721.57

ANALYSIS

L&T Finance Holdings Ltd’s net profit stood at Rs271 crore at the end of December quarter on
the earned income of Rs2,094 crore. Wholesale finance formed 61% of the portfolio while home
loans and loans against portfolio (LAP) stood at 12 % at the end of December quarter.
L&T Finance Holdings Ltd had acquired Family Credit Ltd, an auto finance company, from its
French parent Societe Generale Consumer Finance for Rs120 crore in October 2012. The
acquisition was completed in January 2013.

TOTAL DEBT
2018 2017 2016 2015 2014
9,777.93 9,599.98 12,221.14 12,299.68 9,354.18