Larsen u0026amp; Toubro Limited belongs to the Nifty 50 group of companies. For this reason fluctuations, LT share price share price affects the benchmark index.
LT Share Price Graph
Larsen And Toubro Limited, more popularly known as Lu0026amp;T or LT, is a prestigious name in the infrastructure sector in India engaged in engineering, construction, and manufacturing business.
The company has a good bit of history associated with its name. Long ago, in 1934, two young Danish engineers namely Henning Holck-Larsen and S.K. Toubro came to India as representative of a Danish engineering company F L Smidth u0026amp; Co to oversee the merger of subsidiaries of Associated Cement Company (ACC). Later, they stayed in India and formed Larsen And Toubro in 1938 which was turned into a limited company in 1946 as Larsen And Toubro Limited. The Danish legacy made it a leader in the construction sector. Post second war, the crisis in the infrastructure sector and the need for new installation and engineering took the company to new heights.
Today it is an undisputed leader in the engineering and construction sector. Today this engineering firm and its associates have diversified business interest in the following divisions.
- Construction
- Erection and installation of systems
- Manufacturing
- Turnkey projects
- Electrical and electronic systems and products
- Engineered systems and products
- Industrial consumables and machinery valves
- Shipbuilding
- Information technology
- Financing
Lu0026amp;T has many subsidiaries and associated companies. Most of them are direct subsidiaries engaged in engineering, construction, and infrastructure business in India and abroad. But there are a few subsidiaries that are engaged in a business like Information technology and related business, financial services, machine and engineering products manufacturing and related business.
Larsen And Toubro Limited have received numerous national and international awards of excellence for its performance in the banking and financial sector.
Company Financials
Lu0026amp;T share price is Rs 1723.05 (as on 23.06.17, EOD) in BSE. As per the latest data, the standalone basis P/E is 29.49 versus average industry PE of 26.8, EPS is Rs 58.43. Market cap is Rs 1,60,832 crores. The face value of a share is Rs 2.
The share price of Lu0026amp;T Limited was Rs 812.30 at the end of 30 October 2018 in the National Stock Exchange. The current market cap is Rs 52982.13 crores. The face value of each share of Lu0026amp;T is Rs 2. The earning per share or EPS is Rs 31.39 as per the average share price of the trailing 12 months data. The price over earning ratio or P/E stands at 26.01. The Book Value per share is Rs 1273.19. The price over book value ratio or P/BV 0.64. The Dividend yield is 0.67%. The 52 weeks high price is Rs 1300.00 and 52 weeks low is Rs 756.00.
The quarter ending June 2018 reported a sales figure of Rs 16856.70 crores. Other operating income stands at Rs 0.00 crores. The operating profit stands at Rs 3462.43 crores. Other income stands at Rs 232.95 crores. The EBITDA is Rs 3695.38 crores. The net profit stands at Rs 1,116.07 crores. The earning per share or EPS of this quarter stands at Rs 16.96.
Company Summary
Lu0026amp;T is a Large Cap company operating in the various sectors.
The company earns its lions share of revenue from different sectors like construction, manufacturing u0026amp; trading, property development, engineering and other sectors of the Indian market. The audited financial report ending on 30 March 2018, the company reported In the year earning from key product segment which includes earnings from construction works which contributed Rs 66978.07 crores to total sales value (89.76% of Total Sales), earning from manufacturing u0026amp; trading activities contributed Rs 5575.56 crores amounting to 7.47% of total sales value, other operating revenue contributed Rs 1042.08 crores (1.39% of the total sales value), revenue from other services contributed Rs 666.64 crores amounting to 0.89% of the total sales value, revenue from commission contributed Rs 159.80 crores (0.21% of Total Sales), earnings from property development contributed Rs 96.68 crores (0.12% of total sales), revenue from lease rentals contributed Rs 74.08 crores (0.09% of total sales) and earning from engineering contributed Rs 18.74 crores (0.02% of total sales value) for the financial year ending 31 March 2018.
For the quarter ended 30 September 2018, the company has reported a consolidated sales of Rs 32080.83 crores, up by 13.43% from last quarter Sales of Rs 28283.45 crores and increased by 21.30% from last year same quarter sales of Rs 26446.76 crores. The company reported a net profit after tax of Rs 2689.63 crore in this quarter.
The top management of Lu0026amp;T includes Mr Adil Siraj Zainulbhai, Mr A M Naik, Mr Ajay Shankar, Mr Arvind Gupta, Mr D K Sen, Mr Akhilesh Krishna Gupta, Mr Hemant Bhargava, Mr M Damodaran, Mr Jayant Damodar Patil, Mr M M Chitale, Mr Narayanan Kumar, Mr M V Satish, Mr R Shankar Raman, Mr Sanjeev Aga, Mr S N Subrahmanyan, Mr Shailendra Narain Roy, Mr Subramanian Sarma, Mr Subodh Bhargava, Mr T Thomas Mathew, Mrs Naina Lal Kidwai, Mr Vikram Singh Mehta, Mrs Sunita Sharma.
The company has appointed M/S Deloitte Haskins u0026amp; Sells LLP as its auditors.
As on 30 September 2018, the company has a total of 1,402,220,289 nos of shares outstanding.
Shareholding Pattern
The LT Share Price shareholding pattern of the company currently has different shareholders in the manner as stated below.
- The foreign institutions or FIIs hold 260,505,504 nos of shares amounting to 18.58% of total shares.
- Others hold 283,330,657 nos or shares or 20.21% of total shares.
- The non-banking financial institutions or NBFCs and mutual funds together hold 204,705,402 nos of shares or 14.60% of total shares.
- General public holds 300,727,929 nos of shares which is equivalent to 21.45% of total shares.
- A total no of 24,011,520 shares which are equivalent to 1.85% of total shares are subscribed to GDR.
- Financial institutions hold 323,659,026 nos of shares or 23.08% of total shares.
- In addition, a total number of 3,377,188 nos shares which are equivalent to 0.24% of total shares are being held by the Central Government.
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