About L&T Power Development Limited
Data last updated:
L&T Power Development Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Larsen And Toubro Limited. It operates in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 12 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40101MH2007PLC174071. Its GSTIN is 27AABCL3867C1ZL (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4,000 Cr and a paid-up capital of ₹2,289.66 Cr. It is led by directors including Khita Vikas (Manager) and Ramakrishnan Parameswaran.
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at L&T House Ballard Estate, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹99.93 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹65.82 Lakh (net margin 65.9%) and EBITDA of ₹30,800 (EBITDA margin 0.3%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years and 29% over five years.
Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹5,175 Cr and satisfied charges of ₹900 Cr on record. Court records list 11 cases involving the company, including 6 filed by the company and 5 filed against it; 3 cases are pending. The company has 14 deals on record (9 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹180.95 Cr; the latest was in January 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lntpowerdevelopment.com.
Company details
Contact details
L&T Power Development Limited's registered office is in Mumbai, Maharashtra. Its website is lntpowerdevelopment.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressL&T House Ballard Estate, Mumbai, Maharashtra, India – 400001
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
To see the full contact details of L&T Power Development 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
Financials of L&T Power Development Limited
FY 2025 filings availableL&T Power Development Limited reported revenue of ₹99.93 Lakh (up 164% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 164% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 29%. EBITDA rose 100% 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 | ₹30,800 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹65.82 Lakh | ||||
| 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 | 0.3% | ||||
| Net Profit Margin | 65.9% | ||||
| 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 Power Development Limited, buy the company report.
Board of directors of L&T Power Development Limited
L&T Power Development has 4 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khita Vikas Also directs: Astra Advisory Partners LLP, L&T Himachal Hydropower Limited | Manager | 14 Jul 2022 | 4 Years 3 Months | Current |
| Ramakrishnan Parameswaran | Director | 23 Apr 2025 | 1 Years 6 Months | Current |
| Dip Sen Kishore | Director | 01 Jul 2020 | 6 Years 4 Months | Current |
| Alpana Shripad Khale Also directs: Nabha Power Limited, L&T Howden Private Limited | Director | 01 Oct 2024 | 2 Years 1 Months | Current |
Auditor
L&T Power Development Limited is audited by M. P. Chitale & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. P. Chitale & Co. | FY 2023 | 101851W |
Shareholding
The shareholding of L&T Power Development 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 Power Development Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2022 | 100647334 | Idbi Trusteeship Services Limited | ₹5,175 Cr | Open | |
| 18 Mar 2016 | 100023256 | Idbi Trusteeship Services Limited | ₹150 Cr | Satisfied | |
| 29 Jul 2015 | 100016255 | Idbi Trusteeship Services Limited | ₹200 Cr | Satisfied | |
| 22 Jul 2015 | 100016254 | Idbi Trusteeship Services Limited | ₹150 Cr | Satisfied | |
| 22 Jul 2015 | 100016252 | Idbi Trusteeship Services Limited | ₹150 Cr | Satisfied |
To see the full charge records of L&T Power Development Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
L&T Power Development Limited has 14 deals on record (9 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹180.95 Cr; the latest was in January 2020.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2015 | Rights issue | ₹383.4 Cr | Investors: Larsen and Toubro Limited |
| Mar 2013 | Rights issue | ₹1,367.3 Cr | Investors: Larsen and Toubro Limited |
| Jan 2011 | Rights issue | ₹271 Cr | Investors: Larsen and Toubro Limited |
| Dec 2009 | Funding round | ₹80 Cr | Investors: Larsen and Toubro Limited |
| Mar 2008 | Funding round | ₹100.95 Cr | Investors: Larsen and Toubro Limited |
To see the full deal history of L&T Power Development Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
L&T Power Development Limited has 11 court cases on record: 6 filed by L&T Power Development, 5 filed against it. 3 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 2 |
| Supreme Court | 3 | 2 | 1 |
| NCLT | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Punjab State Power Corporation Ltd. Through Chief Engineer Pspcl, Shed No. T2, Thermal Design Complex, Patiala , District: Patiala ,Patiala , Punjab | Pending |
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed against the company by Nabha Power Limited Joint General Manager Joint General Manager Aspire Tower, 4Th Floor, Plot No. 55, Industrial and Business Park, Phase-1, C , District: Chandigarh ,Chandigarh , Chandigarh | Disposed |
| Supreme Court | Court case (-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998 : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act) | Filed by the company against Punjab State Power Corporation Ltd. Through Its Engineer in Chief Thermal Designs Pspcl, Shed No. T-2, Thermal Design Complex , District: Patiala ,Patiala , Punjab and 1 other | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Principal Commissioner of Income Tax - 2 Mumbai | Pending |
| Bombay High Court | Tax appeal | Filed by the company against Assistant Commissioner of Income Tax -1(2) and Commissioner of Income Tax-1 | Pending |
To see the full case history of L&T Power Development 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
No delayed payments to MSME suppliers are on our record for L&T Power Development Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
L&T Power Development has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| L&T Himachal Hydropower Limited | U40102HP2010PLC031697 | |
| Nabha Power Limited | U40102PB2007PLC031039 |
To see the full group structure of L&T Power Development Limited, buy the company report.
GST
L&T Power Development has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCL3867C1ZL | Maharashtra | Active | 01 Jul 2017 |
| 06AABCL3867C1ZP | Haryana | Active | 26 Oct 2017 |
To see the full GST registrations and return filing status of L&T Power Development Limited, buy the company report.
Recent activity
L&T Power Development Limited has 26 board changes on record since 2008: 4 appointments and 22 cessations. The latest: Alpana Shripad Khale ceased to be Additional Director on 03 Sep 2025.
29 earlier events are in the company report.
News
Frequently asked questions
L&T Power Development is an active public limited company based in Mumbai, Maharashtra, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 12 September 2007 (19+ years old) and is registered under CIN U40101MH2007PLC174071.
L&T Power Development has 4 current directors:
- Ramakrishnan Parameswaran - Director
- Dip Sen Kishore - Director
- Alpana Shripad Khale - Director
- Khita Vikas - Manager
The latest financial statements of L&T Power Development on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of L&T Power Development is 27AABCL3867C1ZL, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AABCL3867C1ZP (Haryana).
The CIN (Corporate Identification Number) of L&T Power Development is U40101MH2007PLC174071. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
L&T Power Development has 11 court cases on record: 6 filed by the company and 5 filed against it. 3 are pending. Most are in the high courts.
L&T Power Development was incorporated on 12 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
L&T Power Development has 14 deals on record (9 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹180.95 Cr; the latest was in January 2020.
Alpana Shripad Khale ceased to be Additional Director on 03 Sep 2025. Ramakrishnan Parameswaran ceased to be Additional Director on 03 Sep 2025. Ramakrishnan Parameswaran was appointed as Director on 23 Apr 2025. L&T Power Development has 26 board changes on record in total.
L&T Power Development can be reached through the website lntpowerdevelopment.com. Its registered office is in Mumbai, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
