About L&T-Sargent & Lundy Limited
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L&T-Sargent & Lundy Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Larsen And Toubro Limited. It operates in the engineering sector. It was incorporated on 05 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH1995PLC088099. Its GSTIN is 24AAACL1501G1Z9 (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹5.57 Cr. It is led by directors including Satish Narayan Palekar and Derek Michael Shah.
Its last annual general meeting (AGM) was held on 09 June 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 2026, the company reported a revenue of ₹297.13 Cr, a growth of 82% compared to the previous year. For the same year it recorded a net profit of ₹110.08 Cr (net margin 37%) and EBITDA of ₹136.71 Cr (EBITDA margin 46%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 23% over five years.
The company has about 452 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹24 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2013. The company has 1 MSME Form 1 return on record for the period ending Sep 2020, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lntsnl.com.
Company details
CIN history
L&T-Sargent & Lundy has one previous CIN (Corporate Identification Number): U74210MH1995PTC088099. The current CIN is U74210MH1995PLC088099, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74210MH1995PLC088099 | Current |
| U74210MH1995PTC088099 | Previous |
Contact details
L&T-Sargent & Lundy Limited's registered office is in Mumbai, Maharashtra. Its website is lntsnl.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-Sargent & Lundy 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-Sargent & Lundy is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of L&T-Sargent & Lundy Limited, buy the company report.
Financials of L&T-Sargent & Lundy Limited
FY 2025 filings availableL&T-Sargent & Lundy Limited reported revenue of ₹297.13 Cr (up 82% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 82% growth in the latest year. EBITDA rose 107% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹136.71 Cr | ||||
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| Net Profit (PAT) | ₹110.08 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46% | ||||
| Net Profit Margin | 37% | ||||
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To see the full financial statements and ratios of L&T-Sargent & Lundy Limited, buy the company report.
Board of directors of L&T-Sargent & Lundy Limited
L&T-Sargent & Lundy has 4 current directors and 35 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Narayan Palekar Also directs: L&T - Mhi Power Boilers Private Limited, L&T - Mhi Power Turbine Generators Private Limited, L&T Howden Private Limited and 1 more | Director | 22 Apr 2025 | 1 Years 6 Months | Current |
| Derek Michael Shah Also directs: Gh4india Private Limited, L&T Green Energy Kandla Private Limited, L&T Electrolysers Limited and 2 more | Director | 20 Apr 2016 | 10 Years 6 Months | Current |
| Shiven Vasant Sulkar | Director | 01 Mar 2024 | 2 Years 7 Months | Current |
| Robert Michael Sronce | Director | 22 Dec 2018 | 7 Years 10 Months | Current |
Auditor
L&T-Sargent & Lundy Limited is audited by Sharp & Tannan for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sharp & Tannan | FY 2023 | 109982W |
Shareholding
The shareholding of L&T-Sargent & Lundy 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-Sargent & Lundy Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 May 2007 | 10055313 | Others | ₹20 Cr | Open | |
| 31 Mar 2006 | 90378536 | Bank of Baroda | ₹2.5 Cr | Open | |
| 09 Aug 2000 | 90387527 | Dena Bank | ₹1.5 Cr | Open |
To see the full charge records of L&T-Sargent & Lundy Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
L&T-Sargent & Lundy Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2013.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Secondary share transfer | Undisclosed | Seller: Larsen and Toubro Limited , Sargent & Lundy LLC |
| Aug 2012 | Secondary share transfer | Undisclosed | Seller: Larsen and Toubro Limited , Sargent & Lundy LLC |
| Dec 2011 | Secondary share transfer | Undisclosed | Seller: Larsen and Toubro Limited , Sargent & Lundy LLC |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
L&T-Sargent & Lundy Limited has 3 court cases on record: 2 filed by L&T-Sargent & Lundy, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 4 others | Pending |
| District court, Vadodara, Gujarat | Court case (SMST S) | Filed by the company against an individual | Disposed |
| High Court of Gujarat | Court case (CECGA) | Filed against the company by an individual | Disposed |
To see the full case history of L&T-Sargent & Lundy 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-Sargent & Lundy Limited was last rated by Icra on 30 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Dec 2020 |
To see the full credit ratings and regulatory alerts of L&T-Sargent & Lundy Limited, buy the company report.
MSME payment delays
L&T-Sargent & Lundy Limited has 1 MSME Form 1 return on record for the period ending Sep 2020, listing 1 overdue payment 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 |
|---|---|---|---|
| Itcg Solutions Private Limited |
To see the full MSME payment records of L&T-Sargent & Lundy Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
L&T-Sargent & Lundy Limited has a workforce of 452 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
L&T-Sargent & Lundy has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACL1501G1Z9 | Gujarat | Active | 01 Jul 2017 |
| 24AAACL1501G7Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of L&T-Sargent & Lundy Limited, buy the company report.
Recent activity
L&T-Sargent & Lundy Limited has 34 board changes on record since 2008: 4 appointments and 30 cessations. The latest: Satish Narayan Palekar ceased to be Additional Director on 08 Jun 2025.
29 earlier events are in the company report.
Frequently asked questions
L&T-Sargent & Lundy is an active public limited company based in Mumbai, Maharashtra, India. The company works in the engineering industry. It was incorporated on 05 May 1995 (31+ years old) and is registered under CIN U74210MH1995PLC088099.
L&T-Sargent & Lundy has 4 current directors:
- Satish Narayan Palekar - Director
- Derek Michael Shah - Director
- Shiven Vasant Sulkar - Director
- Robert Michael Sronce - Director
The latest financial statements of L&T-Sargent & Lundy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 09 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of L&T-Sargent & Lundy is 24AAACL1501G1Z9, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACL1501G7Z3 (Gujarat).
The CIN (Corporate Identification Number) of L&T-Sargent & Lundy is U74210MH1995PLC088099. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
L&T-Sargent & Lundy has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
L&T-Sargent & Lundy was incorporated on 05 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
L&T-Sargent & Lundy has 3 deals on record (3 secondary share transfers); the latest was in March 2013.
Satish Narayan Palekar ceased to be Additional Director on 08 Jun 2025. Satish Narayan Palekar was appointed as Director on 22 Apr 2025. Gurinder Pal Singh ceased to be Company Secretary on 17 Jan 2025. L&T-Sargent & Lundy has 34 board changes on record in total.
L&T-Sargent & Lundy has 1 MSME Form 1 return on record for the period ending Sep 2020, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 31 Oct 2020.
L&T-Sargent & Lundy can be reached through the website lntsnl.com. Its registered office is in Mumbai, Maharashtra, India.