What we do Larsen & Toubro Limited is a leading Indian multinational conglomerate specializing in engineering, construction, manufacturing, and financial services with a global footprint. |
Founded in 1,946 |
Market share Dominant market leader in infrastructure, energy, hi-tech manufacturing, and IT services with significant international presence, especially in Middle East and USA. |
Problem solved Solves complex infrastructure, energy, and technology challenges by delivering integrated EPC projects, manufacturing solutions, and digital services. |
Top clients or who we serve Serves government, infrastructure developers, hydrocarbon sector, power plants, defense, and IT sectors; caters to B2B and B2G markets globally. |
Key management - |
Our journey and innovations From a Mumbai-based partnership in 1946, L&T evolved through acquisitions, joint ventures, and strategic expansions into diversified sectors including nuclear power and smart cities. |
Where we operate Operates extensively in India, Middle East, USA, and several other countries with manufacturing units in China and Gulf regions. |
Top products or what we offer Key offerings include EPC infrastructure projects, energy solutions, hi-tech manufacturing, IT and technology services, financial services, and urban development. |
Top brands Brands include L&T Hydrocarbon, LTTS (L&T Technology Services), LTIMindtree, L&T Finance, and L&T Construction, recognized for quality and innovation. |
Raw materials needed Steel, cement, electrical components, heavy machinery, and specialized materials for construction and manufacturing. |
Raw materials supplier Suppliers include global and domestic steel producers, equipment manufacturers, and component suppliers across sectors. |
Recurring vs cyclical contribution Revenue comprises both recurring IT and financial services and cyclical infrastructure and manufacturing project revenues. |
Our industry position Top-tier player with 45% orders from domestic markets and strong 49% international order book share, ranked among Asia's most admired companies. |
Financial highlights FY25 Revenue ₹255,734 crore; Net Profit ₹15,037 crore; consistent double-digit growth; strong EBITDA margins above 10%; improving ROE of 16.5%. |
Geographical revenue split Domestic contributes ~46%, Middle East ~35%, USA & Europe ~16%, with expanding footprint in Asia and other regions. |
Order book Robust order book of ₹7,332 billion as of Dec 2025, reflecting 30% year-on-year growth driven by infrastructure and energy segments. |
Whats driving growth Growth driven by urbanization, renewable energy investments, digital transformation, defense modernization, and diversified service offerings. |
Our future plans Focus on expanding green energy projects, digital platforms, data centers, and strategic acquisitions to boost global leadership. |
Our green promise Committed to sustainability with large-scale renewable energy projects, energy conservation awards, and green infrastructure development. |
Our people and values Culture emphasizes safety, diversity, innovation, and employee development with over 500,000 employees globally. |
Key challenges ahead Challenges include controlling project cost overruns, navigating regulatory changes, and managing global supply chain disruptions. |
Interesting facts First Indian company commissioned 765kV substation, received multiple British Sword of Honour safety awards, and leads in urban transit projects globally. |
Risks and strategy Mitigation through strong risk management, diversified portfolio, robust governance, and strategic partnerships globally. |