L&T Construction Equipment Limited

Manufactures construction equipment such as wheel loaders, compactors, and hydraulic pneumatic parts.

2018 | Raigarh, Maharashtra (India) | Active
Last Updated: July 09, 2024

L&T Construction Equipment Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 199.14 Cr
  • Company Age 6 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -3.34%
  • Profit Growth -46.61%
  • Ebitda -30.70%
  • Net Worth 3.24%
  • Total Assets -9.15%

About L&T Construction Equipment

L&T Construction Equipment Limited (LCEL) is a Public Limited Indian Non-Government Company incorporated in India on 18 December 2018 (Six years and one month 14 days old ). Its registered office is in Raigarh, Maharashtra, India.

The Corporate was formerly known as L&T Construction Machinery Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 200.00 Cr and a paid-up capital of Rs 199.14 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at L&T Construction Equipment Limited India are Srivathsan Achar as CFO and Arunabh Bhattacharya as Company Secretary. Niranjana Chandramouli, Arvind Garg, and Venkat Kolli serve as directors at the Company.

Company Details

  • Location

    Raigarh, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29248MH2018PLC318481

  • Company No.

    318481

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Dec 2018

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

Who are the key members and board of directors at L&T Construction Equipment?

Executive Team (2)

Name Designation Appointment Date Status
Srivathsan Achar Country flag representing In CFO 18-May-2020 Current
Arunabh Bhattacharya Company Secretary 06-May-2024 Current

Board Members (3)

Name Designation Appointment Date Status
Arvind Garg Country flag representing In Director 18-Dec-2018 Current
Niranjana Chandramouli Country flag representing In Director 18-Dec-2018 Current
Venkat Kolli Country flag representing In Director 18-Dec-2018 Current

Financial Performance of L&T Construction Equipment.

L&T Construction Equipment Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.34% decrease. The company also saw a substantial fall in profitability, with a 46.61% decrease in profit. The company's net worth moved up by a moderate rise of 3.24%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-3.34%
Revenue from Operations
-3.44%
Total Assets
-9.15%
Profit or Loss
-46.61%
Net Worth
3.24%
EBITDA
-30.70%

What is the Ownership and Shareholding Structure of L&T Construction Equipment?

In 2022, L&T Construction Equipment had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at L&T Construction Equipment?

L&T Construction Equipment has a workforce of 365 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of L&T Construction Equipment, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped L&T Construction Equipment's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on L&T Construction Equipment

Recent activity within the organization

  • Director Appointment

    Arunabh Amarkumar Bhattacharya was appointed as a Company Secretary was appointed as a Company Secretary on 06 May 2024 & has been associated with this company since 8 months 27 days .

    06 May 2024

  • Annual General Meeting

    L&T Construction Equipment Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Balance Sheet

    L&T Construction Equipment Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Srivathsan Lakshminarayanan Achar was appointed as a Cfo was appointed as a Cfo on 18 May 2020 & has been associated with this company since 4 years 8 months .

    18 May 2020

  • Director Appointment

    Niranjana Chandramouli was appointed as a Director was appointed as a Director on 18 Dec 2018 & has been associated with this company since 6 years 1 month .

    18 Dec 2018

  • Director Appointment

    Arvind Kumar Garg was appointed as a Director was appointed as a Director on 18 Dec 2018 & has been associated with this company since 6 years 1 month .

    18 Dec 2018

Frequently asked questions

  • L&T Construction Equipment Limited was incorporated on 18 Dec 2018.

  • The authorized share capital of L&T Construction Equipment Limited is ₹ 200.00 Cr and paid-up capital is ₹ 199.14 Cr.

  • Currently 5 directors are associated with L&T Construction Equipment Limited.

    • Srivathsan Lakshminarayanan Achar
    • Niranjana Chandramouli
    • Arvind Kumar Garg
    • Venkat Praveen Kolli
    • Arunabh Amarkumar Bhattacharya
  • As per Ministry of Corporate Affairs (Mca), the registered address of L&T Construction Equipment Limited is L And T House Narottam Morarji Marg Graham Road Ballard Estate, India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of L&T Construction Equipment Limited is U29248MH2018PLC318481 and the company number is 318481 as per Ministry of Corporate Affairs (MCA).

  • The Official website of L&T Construction Equipment Limited is https://www.larsentoubro.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for L&T Construction Equipment Limited has fallen by -3.34%.

  • As Per 2023 financial reports, 365 employees are currently employed by L&T Construction Equipment Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of L&T Construction Equipment Limited has experienced an upsurge of 3.24%.

  • The most recent Balance Sheet for L&T Construction Equipment Limited was filed with the ROC on 31 Mar 2023.

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