About L&T Hydrocarbon Engineering Limited
Data last updated:
L&T Hydrocarbon Engineering Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Larsen And Toubro Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the engineering sector. It was incorporated on 02 April 2009.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U11200MH2009PLC191426. Its GSTIN is 08AABCL5967D1ZE (Rajasthan). The company held 18 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹3,012 Cr and a paid-up capital of ₹1,000.05 Cr. It was formerly known as L&T Technologies Limited. It was led by directors including Subramanian Sudarsanam Sarma (Managing Director) and Ramamurthi Shankar Raman.
Its last annual general meeting (AGM) was held on 23 June 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at L&T House Ballard Estate, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2021, the company reported a revenue of ₹14,771 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹952.19 Cr (net margin 6.4%) and EBITDA of ₹1,671.49 Cr (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 17% over five years.
The company had about 10,481 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 38 cases involving the company, including 24 filed by the company and 14 filed against it; 5 cases are pending.
The last known website on record is lnthydrocarbon.com.
Company details
CIN history
L&T Hydrocarbon Engineering has one previous CIN (Corporate Identification Number): U72300MH2009PLC191426. The current CIN is U11200MH2009PLC191426, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U11200MH2009PLC191426 | Current |
| U72300MH2009PLC191426 | Previous |
Contact details
L&T Hydrocarbon Engineering Limited's registered office is in Mumbai, Maharashtra. Its website is lnthydrocarbon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressL&T House Ballard Estate, Mumbai, Maharashtra, India – 400001
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of L&T Hydrocarbon Engineering 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 Hydrocarbon Engineering is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of L&T Hydrocarbon Engineering Limited, buy the company report.
Financials of L&T Hydrocarbon Engineering Limited
FY 2021 filings availableL&T Hydrocarbon Engineering Limited reported revenue of ₹14,771 Cr (down 8% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 9% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹14,771 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1,671.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹952.19 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.3% | ||||
| Net Profit Margin | 6.4% | ||||
| 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 Hydrocarbon Engineering Limited, buy the company report.
Board of directors and KMP of L&T Hydrocarbon Engineering Limited
L&T Hydrocarbon Engineering Limited currently reports 4 directors and 2 key managerial personnel. 21 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramamurthi Shankar Raman | Director | 13 May 2013 | 13 Years 5 Months | As last reported |
| Rajani Rajiv Gupte | Director | 26 Jun 2020 | 6 Years 4 Months | As last reported |
| Sivaram Azhakankumarath Nair Also directs: LH Residential Housing Private Limited | Company Secretary | 20 Jul 2018 | 8 Years 3 Months | As last reported |
| Subramanian Sudarsanam Sarma Also directs: Larsen and Toubro Limited, L&T Electrolysers Limited, L&T Energy Green Tech Limited and 1 more | Managing Director | 19 Aug 2015 | 11 Years 2 Months | As last reported |
| Vikram Singh Mehta | Director | 06 Feb 2014 | 12 Years 9 Months | As last reported |
| Balasubramanyam Krishnamurthy Saastha Also directs: Johnson Electric Private Limited | Cfo | 28 Apr 2017 | 9 Years 6 Months | As last reported |
Auditor
L&T Hydrocarbon Engineering Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2021 | 117366W/W-100018 |
Shareholding
The shareholding of L&T Hydrocarbon Engineering Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of L&T Hydrocarbon Engineering Limited, buy the company report.
Legal cases
L&T Hydrocarbon Engineering Limited has 38 court cases on record: 24 filed by L&T Hydrocarbon Engineering, 14 filed against it. 5 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 31 | 10 | 4 |
| District courts | 3 | 2 | 0 |
| Supreme Court | 3 | 2 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Larsen and Toubro Ltd. and 1 other | Pending |
| High Court, MAHARASHTRA | Court case (CARBP) | Filed by the company against Oil and Natural Gas Corporation Limited | Disposed |
| Bombay High Court | Court case (CARBP) | Filed by the company against Oil and Natural Gas Corporation Limited | Disposed |
| Supreme Court | Court case (4202-MATTERS RELATING TO LEASES, GOVT. CONTRACTS & CONTRACTS BY LOCAL BODIES : Tenders invited or contracts awarded/leases granted or determined by public sector undertaking) | Filed against the company by Afcons Infrastructure Limited Afcons House, 16 Shah Industrial Estate, Veera Desai Road, Azad Nagar, Andheri West , District: Mumbai , , Maharashtra | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Oil and Natural Gas Corporation Ltd. & Anr | Disposed |
To see the full case history of L&T Hydrocarbon Engineering 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.
Credit ratings & regulatory alerts
L&T Hydrocarbon Engineering Limited was last rated by Care on 16 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 16 Mar 2020 |
To see the full credit ratings and regulatory alerts of L&T Hydrocarbon Engineering Limited, buy the company report.
MSME payment delays
L&T Hydrocarbon Engineering Limited has 8 MSME Form 1 returns on record between 2019 and 2021, listing 1,022 overdue payments to 218 micro and small suppliers. 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 (5 of 218)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Aims Oxygen Private Limited | |||
| Angur Crane Hiring Private Limited | |||
| an individual supplier |
To see the full MSME payment records of L&T Hydrocarbon Engineering Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
L&T Hydrocarbon Engineering has 2 joint ventures and 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
Employees & EPFO
L&T Hydrocarbon Engineering Limited has a workforce of 10,481 employees on its EPFO records as of Mar 31, 2024, across 2 active EPFO establishments.
GST
L&T Hydrocarbon Engineering has 18 GST registrations: 2 active and 16 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCL5967D1ZE | Rajasthan | Active | 01 Jul 2017 |
| 24AABCL5967D1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of L&T Hydrocarbon Engineering Limited, buy the company report.
Recent activity
L&T Hydrocarbon Engineering Limited has 27 board changes on record since 2010: 6 appointments and 21 cessations. The latest: Rajani Rajiv Gupte ceased to be Additional Director on 23 Jun 2021.
18 earlier events are in the company report.
News
Frequently asked questions
L&T Hydrocarbon Engineering has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
L&T Hydrocarbon Engineering was a public limited company based in Mumbai, Maharashtra, India. The company worked in the engineering industry. It was incorporated on 02 April 2009 and is registered under CIN U11200MH2009PLC191426. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
L&T Hydrocarbon Engineering was incorporated on 02 April 2009. It is registered with the Registrar of Companies, Mumbai.
L&T Hydrocarbon Engineering had 6 directors and KMP:
- Subramanian Sudarsanam Sarma - Managing Director
- Ramamurthi Shankar Raman - Director
- Rajani Rajiv Gupte - Director
- Vikram Singh Mehta - Director
- Sivaram Azhakankumarath Nair - Company Secretary
- Balasubramanyam Krishnamurthy Saastha - Cfo
The CIN (Corporate Identification Number) of L&T Hydrocarbon Engineering is U11200MH2009PLC191426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of L&T Hydrocarbon Engineering is at L&T House Ballard Estate, Mumbai, Maharashtra, India – 400001.
L&T Hydrocarbon Engineering can be reached through the website lnthydrocarbon.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of L&T Hydrocarbon Engineering on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 23 June 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of L&T Hydrocarbon Engineering is 08AABCL5967D1ZE, registered in Rajasthan. The company has 18 GST registrations in all, of which 2 are active and 16 are cancelled or inactive. Other active GSTINs include 24AABCL5967D1ZK (Gujarat).
L&T Hydrocarbon Engineering operated in the engineering industry.
L&T Hydrocarbon Engineering has 8 MSME Form 1 returns on record between 2019 and 2021, listing 1,022 overdue payments to 218 micro and small suppliers. The latest return was filed on 26 Oct 2021.
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