DOCSLIB.ORG

L&T Integrated Report 2020

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

INTEGRATED REPORT 2019-20 Technology for sustainable growth Technology for sustainable growth Technology is a major growth enabler in the world in which we operate, and we, at Larsen & Toubro Limited (L&T) are at the forefront of it. Our strategy is to use our technology platforms and innovation techniques to make lives better and sustainable for all. From enhancing operating efficiencies, building connected teams and businesses, supporting communities and local authorities to strengthening analytics and governance — technology is deeply embedded in everything that we do. Even in a year eclipsed by uncertainty, we accomplished a creditable performance and registered growth in key performance parameters; and our technology prowess continues to serve as a reliable springboard to sustain our leadership across high-potential markets. Despite major headwinds in the operating environment, we continue to be strong with enduring relationships with customers and partners, robust scale and footprint, a diversified business mix, and a resilient business model. We are identifying material issues that are core to our business sustainability through continuous engagement with stakeholders and leveraging technology to build industry-next systems and processes. Sustainable growth for us is also about fostering a rich culture of caring, trust and continuous learning to succeed together with all stakeholders in the new world order. In the following pages, we report on our wide-ranging initiatives to enable our stakeholders make an informed assessment of our ability to create value for all. TECHNOLOGY TAKES US FARTHER Our big data engine is called Alchemy, the proverbial practice that attempts to extract gold out of base metals. In the same spirit, the digital data generated by connected machinery go to ‘Alchemy’ for processing, so that it can provide rich insights into our operations. These include productivity trends of machines, identification of machines to be de-hired or moved to another project site, identifying anomalies in weigh bridge measurements and fuel consumption, among others. FY20 GROUP HIGHLIGHTS *During FY20 **As on March 31, 2020 ORDER INFLOW EBITDA ` 1,864 Billion** ` 163 Billion** 9% 7% ORDER BOOK PROFIT AFTER TAX (PAT) ` 3,039 Billion** ` 95 Billion** 4% 7% REVENUE RETURN ON NET WORTH ` 1,454.52 Billion** 14.8%* 8% VALUE OF GREEN PRODUCT PORTFOLIO CSR BENEFICIARIES ` 324.92 Billion* 1.38 Million* Contents About the report 2 Message from the Group Chairman 4 SUSTAINABLE INTEGRATED AT EVERY STEP 01 WAY FORWARD 02 OF THE WAY L&T overview 6 Value creation model 18 Businesses 8 Governance 20 Presence 12 Organisation hierarchy 26 Marquee projects 14 Messages from the senior leadership team 28 Message from the CEO and MD 16 Strategy, business model and resource allocation 34 Sustainability roadmap 40 Managing capital trade-offs 42 Stakeholder engagement 44 Materiality assessment 48 Risk management 50 SHARPENING OUR CAPITAL RESILIENT AND FUTURE-READY 03 STRATEGY 04 BUSINESSES Financial capital 54 Construction 140 Manufactured capital 68 Power 168 Intellectual capital 78 Heavy Engineering 172 Human capital 92 Defence 176 Natural capital 104 Electrical & Automation 182 Social and relationship capital 120 Hydrocarbon 188 L&T Realty 194 L&T Valves 197 Awards and accolades 199 Sustainable Development Goals (SDGs) 201 GRI Standards Content Index 205 United Nations Global Compact 213 Independent Assurance Statement 214 2 Integrated Report 2019-20 Larsen & Toubro Limited About the report Report scope Reporting boundary NAVIGATION ICONS Now, more than ever, investors and This report is for the Larsen & Toubro shareholders measure an organisation’s standalone and key subsidiary companies. Capitals performance based on factors other than The reporting scope encompasses our financials. They analyse an organisation’s manufacturing locations, project sites, Financial capital conversion efficiency across myriad offices across India and overseas projects capitals such as financial, manufactured, managed from India. Manufactured capital intellectual, human, natural and social and Listed subsidiaries and concession relationship. This shift in the perspective Intellectual capital of the stakeholders' perspective led to the business of Nabha Power Limited, Power Development Limited, L&T Infrastructure publishing of this Integrated Report (IR). Human capital It will provide our stakeholders with Development Projects Limited, L&T Special Steel and Heavy Forgings Private Limited a more cohesive, efficient, relevant Natural capital and decision-enabling communication, (LTSSHF), other non-material subsidiaries and those Subsidiary and Associate (S&A) focusing on value creation over the short, Social and relationship capital medium and long term. As a seasoned and Joint Venture (JV) companies whose sustainability reporter, we have retained performance is consolidated at Profit all relevant disclosures of a Sustainability After Tax (PAT) level, have been excluded Report and added on those prescribed from this Report. Navigation in the International Integrated Reporting <IR> Framework, including a detailed Restatement Page reference business model, six capitals, governance, risk The changes, if at all, are mentioned on the management, outlook and strategy. respective pages as notes. Online download reference An annual reporting cycle has been Weblink reference maintained for our Sustainability Reports Queries may be directed to since 2008, which are available on our Mr. Anup Sahay website at www.Lntsustainability.com. Head Corporate Strategy and Strategies Special Initiatives Our second Integrated Report, 'Led by Technology, Equipped for Growth' was Ensuring efficient conversion Larsen & Toubro Limited S1 released in a pdf as well as print version. Saki Vihar Road, Powai Campus, of the order book into Mumbai 400072, India healthy margins https://www.lntsustainability.com/ [email protected] integrated-report/ Driving growth of the This is our third IR and the 13th consecutive Assurance S2 services businesses year of sustainability disclosures. We have a This report is externally assured by Bureau mature system for compiling and reporting Veritas, India. The limited assurance was our sustainability performance. A data- conducted in accordance with International management software certified by GRI is Standard on Assurance Engagements (ISAE) Maintaining an optimum used, along with techniques comprising 3000 and Type 2 Moderate Level of the S3 mix between domestic and actual measurement, computation and AA1000 Assurance Standard 2008, covering international business estimation (specified). qualitative and quantitative information. This Integrated Report of Larsen & Toubro The assurance statement is included Managing financial resources for in this report. Limited (L&T, ‘the Company’) is published S4 the growth of the businesses and according to the <IR> Framework prescribed by the International Integrated Reporting Read more on page 214 strong financial health Council (IIRC). Incubating new businesses to tap This Report has been prepared in S5 future growth opportunities accordance with the GRI Standards: Comprehensive option. It encompasses L&T’s environment, economic and social Engaging with start-ups to access performance between April 1, 2019 and S6 innovations to enhance capabilities March 31, 2020. The report was released on and develop new offerings October 31, 2020. The data presented in this report is Unlocking capital from non-core verified through systematic internal and S7 businesses and assets earning external assurances. The data for economic sub-par returns performance has been extracted from L&T’s Annual Report 2019-20. Leveraging digital solutions S8 and analytics across various parts of businesses Focus on businesses contributing to S9 environment sustainability S Thrust on opportunities linked to achieving the Sustainable 10 Development Goals (SDGs) GRI Disclosures 102-10, 102-32, 102-45, 102-46, 102-48, 102-49, 102-50, 102-51, 102-52, 102-53, 102-54 3 LOCATIONS REPORTED Corporate locations L&T House at Ballard Estate and L&T Campus at Powai in Mumbai Leadership Development Academy (LDA) – Lonavala, Chennai Headquarters Knowledge City, Vadodara Infrastructure Business Heavy Engineering L&T Valves Projects, campuses and Powai, Ranoli and Hazira Two manufacturing facilities at India-based support processes Kancheepuram and Coimbatore Defence under our infrastructure business L&T Realty include the businesses of Buildings & Talegaon, Coimbatore, Factories, Heavy Civil Infrastructure, Visakhapatnam, Bengaluru, Powai, Offices and project sites in India Transportation Infrastructure, Power Hazira and shipbuilding facility at Domestic Marketing Transmission & Distribution, Water & Kattupalli near Chennai Network (DMN) Effluent Treatment, Smart World & Electrical and Automation Communication, and Metallurgical & 17 offices in India Material Handling Powai, Mahape, Ahmednagar, Mysuru and Coimbatore L&T Power L&T Hydrocarbon Engineering L&T Power project sites at Malwa Phase-II and Khargone (Madhya Offshore and onshore projects Pradesh), Nuclear Power Corporation worldwide; offices within India in of India Ltd (NPCIL), Rajasthan Powai, Vadodara, Bengaluru and Atomic Power Project (RAPP) 7 Chennai; and modular fabrication & 8 (Kota, Rajasthan), Darlipali facilities in Hazira, Kattupalli (Odisha), Tanda (Uttar Pradesh), and Sohar (Oman) FGD-Lara (Chhattisgarh) & FGD- Vindhyachal (Madhya Pradesh), Bibiyana-III (Bangladesh) and Bibiyana
Recommended publications
  • The-Recitals-May-2021-Vajiram.Pdf

    The-Recitals-May-2021-Vajiram.Pdf

    INDEX Message From The Desk Of Director 1 1. Feature Article 2-9 a. India-UK Virtual Summit b. Human Rights 2. Mains Q&A 10-23 3. Prelims Q&A 24-56 4. Bridging Gaps 57-103 1. Puducherry Becomes ‘Har Ghar Jal’ UT 2. Draft Lakshadweep Development Authority Regulation 2021 (LDAR) 3. IPPPR Report 4. Right To Be Forgotten 5. One Stop Centre 6. Digital Transformation Of Tribal Schools 7. Hunger Watch Report 8. Model Insurance Village 9. Remittance Report 10. Kharif Strategy for Oilseeds 11. Regulations Review Authority 12. Social Stock Exchanges 13. Digitally Inclusive Bharat 14. Tentative list of World Heritage Sites VAJIRAM AND RAVI The Recitals (May 2021) 15. China Threatens Bangladesh 16. Israel-Palestine Violence 17. Nepal Heads for Mid-term Polls 18. Saudi-Iran Talks 19. The EU-China Comprehensive Investment Agreement 20. China Suspends Economic Accord with Australia 21. Bangladesh-Sri Lanka Currency Swap 22. U.K. Plans for Digital Border 23. China’s Population Growth Slows 24. Kyrgyzstan-Tajikistan Border Tension 25. Covaxin Approval Issue 26. Visit of External Affairs Minister to the United Kingdom 27. EAM Visit to US 28. India-EU Leaders’ Meeting 29. 3rd Arctic Science Ministerial (ASM3) 30. New IT Rules Come into Force 31. Govt vs WhatsApp on Privacy Policy 32. Emergency Financial Powers to Armed Forces 33. Facebook’s Oversight Board 34. Goa Maritime Symposium (GMS) – 2021 35. Monoclonal Antibody 36. P-8I Aircraft 37. NASA’s Parker Solar Probe 38. New Approach To Drug Delivery 39. Congo Declared End of Latest Ebola Outbreak 40.
  • Jal Jeevan Mission (Har Ghar Jal)

    Jal Jeevan Mission (Har Ghar Jal)

    JJM Document - 9 Building Partnership Changing Lives Guidelines for Capacity Building by Key Resource Centres Jal Jeevan Mission (Har Ghar Jal) Government of India Ministry of Jal Shakti Department of Drinking Water and Sanitation National Jal Jeevan Mission New Delhi October, 2020 Jal Jeevan Mission Status of household tap connecons as on 15.8.2019 Statewise Tap Connecons 0% - 10% 11% - 25% 26% - 50% 51% - 75% 76% - 99.99% 100% Source: JJM - IMIS Guidelines for Capacity Building by Key Resource Centres Jal Jeevan Mission (Har Ghar Jal) Government of India Ministry of Jal Shakti Department of Drinking Water and Sanitation National Jal Jeevan Mission New Delhi October, 2020 15 August, 2019 ...I declare from the Red Fort today that in the days to come, we will take forward the Jal Jeevan Mission. The central and the state governments will jointly work on this Jal Jeevan Mission. We have promised to spend more than Rs. 3.50 Lakh Crore on this mission in the coming years... (Address to the Naon on 73 Independence Day, 15 August, 2019 at Red Fort, New Delhi) ..... The implementaon of this Mission is in the hands of community, all members of the village are to come together to implement this Mission...decisions on route of water pipeline, water harvesng, operaon and maintenance will be made by people themselves and our sisters have a very important role to play... (Extract from Prime Minister's address at Bundelkhand on 29 Feb, 2020) Shri Narendra Modi Prime Minister of India 15 August, 2020 (Aer one year…) Brothers and sisters, Last me, I had announced Jal Jeevan Mission.
  • Marine Infrastructure Developer Private Limited (MIDPL)

    Marine Infrastructure Developer Private Limited (MIDPL)

    Marine Infrastructure Developer Private Limited (MIDPL) Executive Summary PROPOSED REVISED MASTER PLAN DEVELOPMENT OF KATTUPALLI PORT December 2020 PREPARED BY C1161303 NABET ACCREDITED Certificate No: NABET/EIA/2023/RA 0175 RP003, Rev. A L&T Infrastructure Engineering Ltd. Client: Marine Infrastructure Developer Private Limited (MIDPL) Project: Proposed Revised Master Plan Project No.: Development of Kattupalli Port C1161303 Title: Document No.: Rev.: Executive Summary RP003 A This document is the property of L&T Infrastructure Engineering Ltd. and File path: must not be passed on to any person or body not authorised by us to receive it l:\ports\2016\c1161303 - ceia kattupalli port nor be copied or otherwise made use of either in full or in part by such person or expansion\outputs\reports\rp003-executive summary\13.12.2020\executive body without our prior permission in writing. summary-14.12.2020.docx Notes: 1. Revision Details: SAP TKS A 13.12.2020 Second Submission SNV BRT S SNV SAP TKS 0 26.10.2020 First Submission Sd/- Sd/- Sd/- IRR BRT S Init. Sign. Init. Sign. Init. Sign. Rev. Date Details Prepared Checked Approved Table of Contents Proposed Revised Master Plan Development of Kattupalli Port C1161303 Executive Summary RP003 rev. A TABLE OF CONTENTS 1 Introduction .....................................................................................................................................1 2 Project Site ......................................................................................................................................1
  • I Ship Lift Vision

    I Ship Lift Vision

    Port Solutions Customer Case Study TM iVisionmax - Ship Lift Control System for L&T Kattupalli Shipyard Overview L&T has set up a large world class shipyard State-of-the-art Ship Lift at Kattupalli, near Chennai,India for Country or Region: India construction of new ships/vessels and System Industry: Shipbuilding repair & maintenance of old ships/vessels. Ÿ The shipyard has a state-of-the-art Ship Customer Profile This is a ` 4,300-crore Shipyard-cum- Lift system for transfer of ships/ vessels Captive Port Container Terminal project The Kattupalli Shipyard cum Captive Port from sea to shore berths and vice versa Complex is a large shipyard at Kattupalli implemented by L&T Shipbuilding Ltd. and the ship lift platform itself always village near Ennore of Chennai built by remains available for emergency ship L&T Shipbuilding Ltd . The Shipbuilding The shipyard will build commercial ships, facility recently set up for construction of specialised cargo ships, defence ships, repair demands. high tech vessels and the facilities at the including submarines, offshore platforms, Ÿ The shiplift can lift ships/vessels weighing shipyard include prefabrication facilities floating platform-cum storage facilities and around 18,000 tonnes at its present such as shot blasting and priming , CNC heavy engineering fabrication and capacity. With a 60 m lengthwise cutting machine, semi panel line component production for ship-building. extension, it will lift a total of 23,000 fabrication, unit assembly bay, block Housed in a spacious 1,225 acres area, the assembly and a slipway to launch the tonnes. It consists of two 200-metre- shipyard will, in the current phase, handle vessels along with a jetty for outfitting long outfitting jetties supported by two ships of up to 210 m long and 18500 T jobs for the ships under construction.
  • Key Features of Budget 2019-20

    Key Features of Budget 2019-20

    Vision for $5 trillion Strengthening economy driven by connectivity KEY investment Infrastructure FEATURES Transforming rural lives Gandhipedia to sensitize New Jal Shakti society OF BUDGET Mantralaya to ensure Har India’s soft power 2019-20 Ghar Jal Harnessing India’s space Enhancing ease of direct abilities and indirect taxation Pradhan Mantri Vision to become $5 Karam Yogi Enhanced interest trillion economy driven deduction for affordable Maandhan by ‘virtuous cycle’ of housing loan investment Pension benefits to Tax benefits for India becomes sixth retail traders and small corporate tax payers largest economy shopkeepers Pradhan Mantri Reform, Perform, Scheme of faceless Transform agenda: Matsya Sampada electronic tax Yojana (PMMSY) GST, IBC, RERA etc. assessment Establish robust Changing common Aadhaar and PAN to be man’s life: fisheries management interchangeable framework MUDRA, UJJWALA, SAUBHAGYA etc. 1 PUSH TO INVESTMENT: INFRASTRUCTURE DEVELOPMENT Bharatmala phase 2 to be Road launched. State road networks will be developed World’s third largest UDAAN: Number of domestic aviation Operational Airports crossed Air market 100 Jal Marg Vikas project and Sagarmala initiatives: improving Shipping and logistics, reducing transportation cost and increasing Inland competitiveness. waterways Operating Ratio improving PPP in railways infra 657 km Metro rail network 98.4 development already operational. 100 96.2 95 Rail National Common Mobility 96 Card launched. 92 2017-182018-192019-20 (RE) (BE) 2 PUSH TO INVESTMENT: INFRASTRUCTURE
  • District Statistical Hand Book Chennai District 2016-2017

    District Statistical Hand Book Chennai District 2016-2017

    Government of Tamil Nadu Department of Economics and Statistics DISTRICT STATISTICAL HAND BOOK CHENNAI DISTRICT 2016-2017 Chennai Airport Chennai Ennoor Horbour INDEX PAGE NO “A VIEW ON ORGIN OF CHENNAI DISTRICT 1 - 31 STATISTICAL HANDBOOK IN TABULAR FORM 32- 114 STATISTICAL TABLES CONTENTS 1. AREA AND POPULATION 1.1 Area, Population, Literate, SCs and STs- Sex wise by Blocks and Municipalities 32 1.2 Population by Broad Industrial categories of Workers. 33 1.3 Population by Religion 34 1.4 Population by Age Groups 34 1.5 Population of the District-Decennial Growth 35 1.6 Salient features of 1991 Census – Block and Municipality wise. 35 2. CLIMATE AND RAINFALL 2.1 Monthly Rainfall Data . 36 2.2 Seasonwise Rainfall 37 2.3 Time Series Date of Rainfall by seasons 38 2.4 Monthly Rainfall from April 2015 to March 2016 39 3. AGRICULTURE - Not Applicable for Chennai District 3.1 Soil Classification (with illustration by map) 3.2 Land Utilisation 3.3 Area and Production of Crops 3.4 Agricultural Machinery and Implements 3.5 Number and Area of Operational Holdings 3.6 Consumption of Chemical Fertilisers and Pesticides 3.7 Regulated Markets 3.8 Crop Insurance Scheme 3.9 Sericulture i 4. IRRIGATION - Not Applicable for Chennai District 4.1 Sources of Water Supply with Command Area – Blockwise. 4.2 Actual Area Irrigated (Net and Gross) by sources. 4.3 Area Irrigated by Crops. 4.4 Details of Dams, Tanks, Wells and Borewells. 5. ANIMAL HUSBANDRY 5.1 Livestock Population 40 5.2 Veterinary Institutions and Animals treated – Blockwise.
  • Chennai District Origin of Chennai

    Chennai District Origin of Chennai

    DISTRICT PROFILE - 2017 CHENNAI DISTRICT ORIGIN OF CHENNAI Chennai, originally known as Madras Patnam, was located in the province of Tondaimandalam, an area lying between Pennar river of Nellore and the Pennar river of Cuddalore. The capital of the province was Kancheepuram.Tondaimandalam was ruled in the 2nd century A.D. by Tondaiman Ilam Tiraiyan, who was a representative of the Chola family at Kanchipuram. It is believed that Ilam Tiraiyan must have subdued Kurumbas, the original inhabitants of the region and established his rule over Tondaimandalam Chennai also known as Madras is the capital city of the Indian state of Tamil Nadu. Located on the Coromandel Coast off the Bay of Bengal, it is a major commercial, cultural, economic and educational center in South India. It is also known as the "Cultural Capital of South India" The area around Chennai had been part of successive South Indian kingdoms through centuries. The recorded history of the city began in the colonial times, specifically with the arrival of British East India Company and the establishment of Fort St. George in 1644. On Chennai's way to become a major naval port and presidency city by late eighteenth century. Following the independence of India, Chennai became the capital of Tamil Nadu and an important centre of regional politics that tended to bank on the Dravidian identity of the populace. According to the provisional results of 2011 census, the city had 4.68 million residents making it the sixth most populous city in India; the urban agglomeration, which comprises the city and its suburbs, was home to approximately 8.9 million, making it the fourth most populous metropolitan area in the country and 31st largest urban area in the world.
  • Target 2019 Government Sche

    Target 2019 Government Sche

    2 INDEX 1. Ministry of Agriculture and Farmers Welfare ....... 8 3.3 Digi Yatra .................................................................. 18 1.1 Pradhan Mantri Annadata Aay Sanraks Han Abhiyan 8 3.4 NABH Nirman Scheme .............................................. 18 1.2 Krishi Kalyan Abhiyan ................................................ 8 4. Ministry of Commerce and Industry ..................... 18 1.4 Mission Organic Value Chain Development for NE 4.1 Start Up India Scheme ............................................... 18 Region… ................................................................................... 9 4.2 Integrate to Innovate Programme .............................. 19 1.5 Soil Health Card Scheme ............................................ 9 4.3 e-Biz ........................................................................... 19 1.6 Pradhan Mantri Fasal Bima Yojana ......................... 10 4.4 Scheme for IPR awareness ........................................ 20 1.7 Paramparagat Krishi Vikas Yojana .......................... 10 4.5 Revenue Insurance Scheme for Plantation Crops ...... 20 1.8 Electronic National Agriculture Market .................... 10 4.6 Niryat Bandhu Scheme .............................................. 20 1.9 Small Farmer's Agriculture-Business Consortium .... 11 4.7 Schemes under Foreign Trade policy of India ........... 20 1.10 National Food Security Mission ................................ 11 5. Ministry of Communication ................................... 21 1.11 Pradhan Mantri
  • Defence Business Annual Report 2019-20

    Defence Business Annual Report 2019-20

    MANAGEMENT DISCUSSION AND ANALYSIS DEFENCE BUSINESS ANNUAL REPORT 2019-20 DEFENCE BUSINESS L&T-made K9 Vajra-T at Republic Day Parade in New Delhi Overview: • Aerospace manufacturing shops for rocket motors L&T has been active in the Defence and strategic for India’s Space Launch Vehicles at Powai and sector since the mid-80s, well ahead of the opening Coimbatore up of the sector for private industry participation, • Precision Manufacturing & Systems Complex by associating with the Defence Research & for Aerospace & Missiles manufacturing at Development Organisation (DRDO) and Naval Coimbatore indigenisation programmes. Having built a portfolio of technologies, products, systems, platforms and • Advanced Composites facilities at Vadodara and solutions, today L&T Defence provides design-to- Coimbatore delivery solutions across chosen defence segments • Strategic Systems Complex for Weapon & with a focus on indigenous design, development Engineering Systems and Sensors at Talegaon and production of Naval (Submarines and Warships) near Pune and Land Platforms (Armoured Systems, Howitzers), Weapon Systems, Engineering Systems, Missile & • Strategic Electronics Centre at Bengaluru Space Launch Vehicle subsystems, Sensors, Radar Besides these dedicated facilities, L&T also operates Systems and Avionics. These are complemented by a facility at Visakhapatnam under the Government R&D and Design & Engineering Centres for targeted Owned Contractor Operated (GOCO) model for Platforms, Systems & Solutions development. a Strategic Programme. These Work Centres are The operations span across two R&D centres, three complemented by R&D Centres at Powai (Mumbai) Design & Engineering Centres and Production and Bengaluru, and Design and Engineering Centres centres at multiple locations spread across India for Warship, Submarine and Weapon & Engineering to serve the Defence & Aerospace sectors.
  • Book Text Final.Cdr

    Book Text Final.Cdr

    TOP A INDIA CONTRACTORS Specialist in Water Proofing... • Waterproofing ( Basement – Roof ) • Injection System • Concrete / Dam Repair & Rehabilitation System • Industrial Flooring System • High Pressure Water jet System • Industrial Pipeline Protective Coating www.topaindia.com TOP A INDIA CONTRACTORS Mr.V.Ramamoorthy founder of Top A India Contractors Company is doing a special type of waterproofing works for 12 years in India and overseas. He was worked in Senior Technical Leader in BCS Proken, Signapore. Our Major Waterproofing work in Metro Stations and Tun-nels, Nuclear & Thermal Power plant, Commercial and Residential Buildings, Dam Repair & Rehabilitation work and Shipyard. We have the expertise and resources to manage and create quality solutions for challenging infrastructure projects. We coupled with the training of a permanent workforce of over 250 peoples. Mission To provide quality and innovative solutions in waterproofing, fireproofing, flooring and repairs that will enable the construction and mainte-nance of better engineering structures and buildings. Vision To provide quality with cost efficient, covering global standards in all factors that will en-able the world class maintenance and construction of better engineering structures and buildings. Values The Management of the Company understands the need & service supports required by the customer & strive to attain complete customer satisfaction by way of excellent quality of services. Our Motto * To foster a healthy and mutually beneficial relationship with clients by working closely with them to fully understand their requirements and needs. * To establish a mutually beneficial business relationship with manufacturers and suppliers, so as to remain competitive in the latest products and services. * To provide regular training to installers and specialists.
  • Larsen & Toubro Annual Review 2017-18

    Larsen & Toubro Annual Review 2017-18

    ANNUAL REVIEW I FY 18 www.Larsentoubro.com 1 DEFENCE 38 CONSTRUCTION Defence & Aerospace 4 40 Buildings & Factories Defence Shipbuilding 8 Transportation Infrastructure MANUFACTURING 12 42 Heavy Civil Infrastructure Heavy Engineering 16 47 2 Power Transmission & Distribution Machinery & Industrial Products Leadership Team 20 50 3 Water & Effluent Treatment Electrical & Automation L&T at a Glance 24 Metallurgical & Material Handling SERVICES CONTENTS 26 52 Smart World & Communication Realty 54 EPC PROJECTS Information Technology 28 56 Hydrocarbon Technology Services 34 58 Power Plants & Equipment Financial Services 60 SUSTAINABILITY 2 3 * Leadership Team L&T at a Glance Group Turnover 12 ` Verticals 1,198,620 Mn A. M. Naik Group Chairman Basis EPS Debt : Equity Ratio ` 0.21:1 52.62 30 (up 21.8%) Order Book Countries PBDIT ` ` Mn S. N. Subrahmanyan 2,631,070 Mn 135,710 CEO & Managing Director (up 21.9%) PAT New Wins ` ` 73,700Mn Mn 1,529,080 (up 22%) R. Shankar Raman Subramanian Sarma S. N. Roy Whole-time Director & Non-Executive Director, L&T Whole-time Director & Chief Financial Officer CEO & Managing Director Sr. Executive Vice President (L&T Hydrocarbon Engineering) (Power, Heavy Engineering & Nuclear) *Figures for FY 18 CONSTRUCTION EPC PROJECTS D. K. Sen M. V. Satish J. D. Patil Whole-time Director & Whole-time Director & Whole-time Director & Sr. Executive Vice President Sr. Executive Vice President Sr. Executive Vice President (Infrastructure) (Buildings, Minerals & Metals) (Defence) DEFENCE MANUFACTURING SERVICES Hasit Joshipura Sr. Vice President & Head Electrical & Automation As on 5th July, 2018 4 Buildings & Factories 5 Many landmark projects in India – and increasingly overseas – bear L&T Construction’s Buildings & Factories Ranked among the indelible stamp of excellence – reflecting a track record spanning over seven decades.
  • ADDRESS by the PRESIDENT of INDIA, SHRI RAM NATH KOVIND to the JOINT SITTING of TWO HOUSES of PARLIAMENT Honourable Members, 1

    ADDRESS by the PRESIDENT of INDIA, SHRI RAM NATH KOVIND to the JOINT SITTING of TWO HOUSES of PARLIAMENT Honourable Members, 1

    ADDRESS BY THE PRESIDENT OF INDIA, SHRI RAM NATH KOVIND TO THE JOINT SITTING OF TWO HOUSES OF PARLIAMENT New Delhi, January 29, 2021 Honourable Members, 1. This joint sitting of Parliament which is being held during the time of the Coronavirus pandemic has great significance. It is the beginning of a new year and a new decade. We will also be entering the 75th year of India’s independence this year. All the Members of Parliament present here today embody the conviction held by every Indian that the toughest of challenges will deter neither us nor India. 2. Whenever India has remained united, it has been able to attain even seemingly unattainable goals. This solidarity and Pujya Bapu’s inspiration had given us freedom from hundreds of years of colonial rule. Echoing the same spirit, Assam Kesari, Ambikagiri Raichaudhuri the nationalist poet, had said – “Om tatsat Bharat Mahat, Ek chetonaat, Ek Dhyanot, Ek Sadhonaat, Ek Avegot, Ek Hoi Jaa, Ek Hoi Jaa” That is, India’s grandeur is the ultimate truth. In one single consciousness, one thought, one devotion, one inspiration, let us unite; let us unite. 3. This unity and dedication of Indians has enabled the country to overcome multiple adversities. Our country has faced every crisis with fortitude, be it the Coronavirus pandemic, floods, earthquakes or major cyclones in several States, locust attack or the bird flu. The recent past also saw an unprecedented escalation in tension along the border. The nation stood together, battled crises on multiple fronts and surmounted every challenge. During this period, we all have also witnessed the unparalleled courage, endurance, discipline and spirit of service of our countrymen.