About L&T Construction Equipment Limited
Data last updated:
L&T Construction Equipment Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Larsen And Toubro Limited. It operates in the construction machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 18 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29248MH2018PLC318481. Its GSTIN is 29AADCL7943H1Z4 (Karnataka).
The company has an authorised share capital of ₹200 Cr and a paid-up capital of ₹199.14 Cr. It was formerly known as L&T Construction Machinery Limited. It is led by directors including Arvind Kumar Garg and Venkat Praveen Kolli.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at L And T House Narottam Morarji Marg Graham Road Ballard Estate, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹222.56 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹16.66 Cr (net margin 7.5%) and EBITDA of ₹22.84 Cr (EBITDA margin 10.3%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 9% over five years.
The company has about 365 employees on its provident fund (EPFO) records.
Court records list 26 cases involving the company, including 12 filed by the company and 14 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website larsentoubro.com.
Company details
Contact details
L&T Construction Equipment Limited's registered office is in Mumbai, Maharashtra. Its website is larsentoubro.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressL And T House Narottam Morarji Marg Graham Road Ballard Estate, Mumbai, Maharashtra, India – 400001
- IndustryMachinery and Equipment, Construction Machinery & Equipment, Hydraulic Machinery & Equipment
To see the full contact details of L&T Construction Equipment Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of L&T Construction Equipment is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of L&T Construction Equipment Limited, buy the company report.
Financials of L&T Construction Equipment Limited
FY 2025 filings availableL&T Construction Equipment Limited reported revenue of ₹222.56 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 13% fall in the latest year. EBITDA fell 51% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹22.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.66 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.3% | ||||
| Net Profit Margin | 7.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of L&T Construction Equipment Limited, buy the company report.
Board of directors of L&T Construction Equipment Limited
L&T Construction Equipment has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Kumar Garg | Director | 18 Dec 2018 | 7 Years 10 Months | Current |
| Venkat Praveen Kolli | Director | 18 Dec 2018 | 7 Years 10 Months | Current |
| Niranjana Chandramouli Also directs: Hi-Tech Rock Products & Aggregates Limited, L&T Realty Developers Limited, L&T Realty Properties Limited and 2 more | Director | 18 Dec 2018 | 7 Years 10 Months | Current |
| Anil Vithal Parab | Additional Director | 23 Sep 2025 | 1 Years 1 Months | Current |
| Vivek Hajela | Additional Director | 23 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
L&T Construction Equipment Limited is compared with the 7 companies closest to it by revenue in the Machinery and Equipment industry (Construction Equipment, Hydraulic Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jyoti Limited | ₹246.57 Cr (FY 2025) | 39.0% | Vadodara, Gujarat, India | |||
| Putzmeister India Private Limited | ₹244.44 Cr (FY 2025) | 5.0% | Goa, India | |||
| Galipoglu Hidromas India Manufacturing Private Limited | ₹234.05 Cr (FY 2025) | -12.0% | Chengalpattu, Tamil Nadu, India | |||
| Complete Surveying Technologies Private Limited | ₹231.79 Cr (FY 2025) | 16.0% | New Delhi, Delhi, India | |||
| L&T Construction Equipment Limitedthis company | ₹222.56 Cr (FY 2025) | ₹16.66 Cr | 7.5% | -13.0% | 365 | Mumbai, Maharashtra, India |
| Precision Hydraulics Private Limited | ₹198.92 Cr (FY 2025) | -16.0% | Gummidipoondi, Tamil Nadu, India | |||
| Cosmos Construction Machineries and Equipments Private Limited | ₹198.4 Cr (FY 2025) | 4.0% | Chakan, Maharashtra, India | |||
| Aquarius Engineers Private Limited | ₹197.39 Cr (FY 2025) | 17.0% | Pune, Maharashtra, India |
To see the full peer comparison of L&T Construction Equipment Limited, buy the company report.
Auditor
L&T Construction Equipment Limited is audited by Brahmayya & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Brahmayya & Co. | FY 2023 | 000515S |
Shareholding
The shareholding of L&T Construction Equipment Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of L&T Construction Equipment Limited, buy the company report.
Legal cases
L&T Construction Equipment Limited has 26 court cases on record: 12 filed by L&T Construction Equipment, 14 filed against it. 5 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 7 | 5 |
| District courts | 9 | 7 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company | Pending |
| High Court, KARNATAKA | Writ petition | Filed against the company by individuals | Pending |
| High Court | Writ petition | Filed against the company by an individual | Pending |
| High Court | Writ petition | Filed against the company by individuals | Pending |
| High Court | Writ petition | Filed against the company by individuals | Pending |
To see the full case history of L&T Construction Equipment Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
L&T Construction Equipment Limited has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shakuntala Steels |
To see the full MSME payment records of L&T Construction Equipment Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
L&T Construction Equipment Limited has a workforce of 365 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
L&T Construction Equipment has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCL7943H1Z4 | Karnataka | Active | 07 May 2020 |
To see the full GST registrations and return filing status of L&T Construction Equipment Limited, buy the company report.
Recent activity
L&T Construction Equipment Limited has 5 board changes on record since 2018: 5 appointments. The latest: Anil Vithal Parab was appointed as Additional Director on 23 Sep 2025.
Frequently asked questions
L&T Construction Equipment is an active public limited company based in Mumbai, Maharashtra, India. The company works in construction machinery and equipment, within the machinery and equipment industry. It was incorporated on 18 December 2018 (8+ years old) and is registered under CIN U29248MH2018PLC318481.
L&T Construction Equipment has 5 current directors:
- Arvind Kumar Garg - Director
- Venkat Praveen Kolli - Director
- Niranjana Chandramouli - Director
- Anil Vithal Parab - Additional Director
- Vivek Hajela - Additional Director
The latest financial statements of L&T Construction Equipment on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of L&T Construction Equipment is 29AADCL7943H1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of L&T Construction Equipment is U29248MH2018PLC318481. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
L&T Construction Equipment has 26 court cases on record: 12 filed by the company and 14 filed against it. 5 are pending. Most are in the high courts.
L&T Construction Equipment was incorporated on 18 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of L&T Construction Equipment by revenue are Jyoti Limited, Putzmeister India Private Limited, Galipoglu Hidromas India Manufacturing Private Limited, Complete Surveying Technologies Private Limited, Precision Hydraulics Private Limited and 2 more, all in the Machinery and Equipment industry (Construction Equipment, Hydraulic Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Anil Vithal Parab was appointed as Additional Director on 23 Sep 2025. Vivek Hajela was appointed as Additional Director on 23 Sep 2025. Arvind Kumar Garg was appointed as Director on 18 Dec 2018. L&T Construction Equipment has 5 board changes on record in total.
L&T Construction Equipment has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 21 Oct 2023.
L&T Construction Equipment can be reached through the website larsentoubro.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of L&T Construction Equipment is at L And T House Narottam Morarji Marg Graham Road Ballard Estate, Mumbai, Maharashtra, India – 400001.