Larsen & Toubro Management

Management criteria checks 2/4

Larsen & Toubro's CEO is SNS Subrahmanyan, appointed in Jul 2017, has a tenure of 7.33 years. total yearly compensation is ₹510.50M, comprised of 7.1% salary and 92.9% bonuses, including company stock and options. directly owns 0.019% of the company’s shares, worth $11.63M. The average tenure of the management team and the board of directors is 4.3 years and 4.3 years respectively.

Key information

SNS Subrahmanyan

Chief executive officer

₹510.5m

Total compensation

CEO salary percentage	7.1%
CEO tenure	7.3yrs
CEO ownership	0.02%
Management average tenure	4.3yrs
Board average tenure	4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has SNS Subrahmanyan's remuneration changed compared to Larsen & Toubro's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	₹134b
Jun 30 2024	n/a	n/a	₹133b
Mar 31 2024	₹511m	₹36m	₹130b
Dec 31 2023	n/a	n/a	₹126b
Sep 30 2023	n/a	n/a	₹121b
Jun 30 2023	n/a	n/a	₹111b
Mar 31 2023	₹357m	₹32m	₹103b
Dec 31 2022	n/a	n/a	₹100b
Sep 30 2022	n/a	n/a	₹96b
Jun 30 2022	n/a	n/a	₹91b
Mar 31 2022	₹613m	₹28m	₹86b
Dec 31 2021	n/a	n/a	₹84b
Sep 30 2021	n/a	n/a	₹86b
Jun 30 2021	n/a	n/a	₹80b
Mar 31 2021	₹285m	₹26m	₹69b
Dec 31 2020	n/a	n/a	₹65b
Sep 30 2020	n/a	n/a	₹29b
Jun 30 2020	n/a	n/a	₹78b
Mar 31 2020	₹272m	₹26m	₹89b
Dec 31 2019	n/a	n/a	₹96b
Sep 30 2019	n/a	n/a	₹94b
Jun 30 2019	n/a	n/a	₹91b
Mar 31 2019	₹485m	₹24m	₹83b
Dec 31 2018	n/a	n/a	₹87b
Sep 30 2018	n/a	n/a	₹81b
Jun 30 2018	n/a	n/a	₹77b
Mar 31 2018	₹318m	₹21m	₹74b

Compensation vs Market: SNS's total compensation ($USD6.05M) is above average for companies of similar size in the Luxembourg market ($USD4.33M).

Compensation vs Earnings: SNS's compensation has increased by more than 20% in the past year.

CEO

SNS Subrahmanyan (64 yo)

7.3yrs

Tenure

₹510,500,000

Compensation

Mr. Sekharipuram Narayanan Subrahmanyan, also known as SNS, had been Non-Executive Vice-Chairman of L&T Technology Services Limited since May 3, 2017 until June 27, 2024 and serves as its Non-Executive Cha...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sekharipuram Subrahmanyan	MD & Chairman	7.3yrs	₹510.50m	0.019% $ 11.6m
Ramamurthi Raman	President	13.2yrs	₹316.60m	0.022% $ 13.0m
Azhakankumarath Nair	Company Secretary & Compliance Officer	4.8yrs	₹17.20m	0.00076% $ 457.6k
Subramanian Sarma	Whole-time Director & President of Energy	4.3yrs	₹370.30m	0.013% $ 8.1m
Tharayil Das	Senior EVP of Utilities & Whole-Time Director	no data	₹187.40m	0.0012% $ 710.5k
Sudhindra Desai	Senior EVP of Civil Infrastructure & Whole-Time Director	4.3yrs	₹192.10m	0.0019% $ 1.1m
Anil Parab	Senior EVP of Heavy Engineering & L&T Valves and Whole-Time Director	2.3yrs	₹125.20m	0.0081% $ 4.9m
R. Govindan	Senior Vice President of Corporate Finance & Enterprise Risk Management	less than a year	no data	0.000050% $ 30.1k
Marnix Coomans	Technical Head	no data	no data	no data
Bahadur Hitendra	Head of Administration	no data	no data	no data
Parameswaran Ramakrishnan	Vice President of Corporate Accounts & Investor Relations	no data	no data	0.0016% $ 981.4k
Kumar Hemant	Group General Counsel	no data	no data	no data

4.3yrs

Average Tenure

64yo

Average Age

Experienced Management: LS&TB's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sekharipuram Subrahmanyan	MD & Chairman	13.3yrs	₹510.50m	0.019% $ 11.6m
Ramamurthi Raman	President	13.1yrs	₹316.60m	0.022% $ 13.0m
Subramanian Sarma	Whole-time Director & President of Energy	9.3yrs	₹370.30m	0.013% $ 8.1m
Tharayil Das	Senior EVP of Utilities & Whole-Time Director	4.3yrs	₹187.40m	0.0012% $ 710.5k
Sudhindra Desai	Senior EVP of Civil Infrastructure & Whole-Time Director	4.3yrs	₹192.10m	0.0019% $ 1.1m
Anil Parab	Senior EVP of Heavy Engineering & L&T Valves and Whole-Time Director	2.3yrs	₹125.20m	0.0081% $ 4.9m
Anilkumar Naik	Chairman Emeritus	1.2yrs	₹16.90m	0.046% $ 27.5m
Sanjeev Aga	Independent Director	8.5yrs	₹5.30m	0.000010% $ 6.0k
Pramit Jhaveri	Independent Director	2.6yrs	₹3.70m	0.0015% $ 897.1k
P. Reddy	Independent Director	3.7yrs	₹2.20m	0.000010% $ 6.0k
Narayanan Kumar	Independent Director	8.5yrs	₹5.30m	0.00011% $ 66.2k
Prathivadibhayankara Ramesh	Independent Director	1.1yrs	₹1.30m	0.000010% $ 6.0k

4.3yrs

Average Tenure

66yo

Average Age

Experienced Board: LS&TB's board of directors are considered experienced (4.3 years average tenure).

Larsen & Toubro Management

Management criteria checks 2/4

Key information

Recent management updates

Larsen & Toubro Limited, Annual General Meeting, Jul 04, 2024

Larsen & Toubro Limited Announces Board Changes

Larsen & Toubro Limited Appoints Shrinath Rao as Senior Vice President & IC Head Transportation Infrastructure IC

Larsen & Toubro Limited, Annual General Meeting, Aug 09, 2023

Sumeet Chatterjee Joins Larsen & Toubro as Chief Communications Officer

Larsen & Toubro Limited Appoints Mr. Anil. V. Parab as Whole-Time Director, Effective from August 5, 2022

Recent updates

Larsen & Toubro Limited (BSE:500510) agreed to acquire 7% stake in E2E Networks Limited (NSEI:E2E) from Tarun Dua for INR 3.3 billion.

Larsen & Toubro Limited to Report Q2, 2025 Results on Oct 30, 2024

L&T Carves Out Renewable Business Vertical Amid Energy Transition Led Growth in Its Infrastructure Segment

Larsen & Toubro Limited to Report Q1, 2025 Results on Jul 24, 2024

Larsen & Toubro Limited Declares Final Dividend for Fiscal Year 2023-24

Larsen & Toubro Limited, Annual General Meeting, Jul 04, 2024

Larsen & Toubro Limited Announces Board Changes

Larsen & Toubro Limited to Report Fiscal Year 2024 Results on May 08, 2024

Epic Concesiones Private Limited completed the acquisition of 51% stake in L&T Infrastructure Development Projects Limited from Larsen & Toubro Limited (BSE:500510).

Stup Consultants Pvt. Limited completed the acquisition of L&T Infrastructure Engineering Limited from Larsen & Toubro Limited (BSE:500510).

Larsen & Toubro Limited (BSE:500510) completed the acquisition of remaining 40% stake in L&T Sapura Offshore Private Limited from Nautical Power Pte Ltd.

Stup Consultants Pvt. Limited agreed to acquire L&T Infrastructure Engineering Limited from Larsen & Toubro Limited (BSE:500510) for INR 600 million

Larsen & Toubro Limited to Report Q2, 2024 Results on Oct 31, 2023

Larsen & Toubro to Buy Out NPCIL Stake in Arm

Larsen & Toubro Limited (BSE:500510) agreed to acquire remaining 40% stake in L&T Sapura Offshore Private Limited from Nautical Power Pte Ltd for INR 0.04 million.

Larsen & Toubro Limited (BSE:500510) agreed to acquire remaining 40% stake in L&T Sapura Offshore Private Limited from Nautical Power Pte Ltd for INR 0.04 million.

Larsen & Toubro Limited Appoints Shrinath Rao as Senior Vice President & IC Head Transportation Infrastructure IC

Larsen & Toubro Limited to Report Q3, 2024 Results on Jan 30, 2024

Larsen & Toubro Limited to Report Q1, 2024 Results on Jul 25, 2023

Larsen & Toubro Limited, Annual General Meeting, Aug 09, 2023

Larsen & Toubro Limited Proposes Dividend for the Year Ended March 31, 2023, Payable on or before August 14, 2023

Larsen & Toubro Limited Proposes Final Dividend

Larsen & Toubro Limited to Report Q3, 2023 Results on Jan 30, 2023

An unknown buyer signed an agreement to acquire 51% stake in L&T Infrastructure Development Projects Limited from Larsen & Toubro Limited (BSE:500510).

Sumeet Chatterjee Joins Larsen & Toubro as Chief Communications Officer

Chiyoda Corporation (TSE:6366) agreed to acquire L&T-Chiyoda Limited from Larsen & Toubro Limited (BSE:500510) for INR 750 million.

Larsen & Toubro Limited to Report Q2, 2023 Results on Oct 31, 2022

Larsen & Toubro Limited Appoints Mr. Anil. V. Parab as Whole-Time Director, Effective from August 5, 2022

Larsen & Toubro Limited to Report Q1, 2023 Results on Jul 26, 2022

Larsen & Toubro Limited Proposes Dividend for the Year Ended 31 March 2022, Payable on or before 8 August 2022

Larsen & Toubro Limited Recommends Final Dividend for the Fiscal Year 2022

Larsen & Toubro Limited to Report Q4, 2022 Results on May 12, 2022

L&T Reportedly in Talks to Merge Its Thermal Power Business with Sembcorp India

ReNew Energy Global plc (NasdaqGS:RNW) acquired 99 MW Hydro Power Plant in Uttarakhand from Larsen & Toubro Limited (BSE:500510) for INR 10 billion.

NIIF Reportedly Looks Onto L&T’S Hyderabad Metro

Larsen & Toubro Initiates the Process to Sell Its Entire 51% in L&T Infrastructure Development Projects

Larsen & Toubro Limited Recommends Final Dividend for the Year 2020

L&T Construction Wins Contracts for Its Various Businesses

L&T Heavy Engineering Delivers 700 MWe Steam Generator Ahead of Schedule

The Power Transmission Et Distribution (PTEtD) Business of Larsen Et Toubro Wins a Slew of Orders Across its Spectrum of Offerings

Larsen & Toubro Completes Delivery of All the Howitzers Under the Current MoD Contract

L&T Construction Receives Contract to Build Two Units of Kudankulam Nuclear Power Project

The Heavy Civil Infrastructure Business of L&T Construction Secures Significant Contract

Larsen & Toubro Limited Announces Board Changes

L&T Construction Wins Contracts for its Power Transmission & Distribution Business in Bangladesh

Larsen & Toubro Limited Secures Large Order for Its Heavy Civil Infrastructure Business from Rail Vikas Nigam Limited

Larsen & Toubro Limited Secures Orders from Clients for Various Businesses

Larsen & Toubro Limited to Report Q3, 2021 Results on Jan 25, 2021

Larsen & Toubro Limited Wins Epcc Contract for Petrochemical Fluidized Catalytic Cracking Unit from Hrrl

L&T Construction Awards Contracts for its Water & Effluent Treatment Business

L&T Construction Wins Contracts for Its Various Businesses

Larsen & Toubro Limited Secures Large Contract to Construct India's Longest Road Bridge Across River Brahmaputra Connecting Dhubri in Assam to Phulbari in Meghalaya

L&T Construction Awards Contract to Build High-Speed Rail Corridor

Larsen & Toubro Limited Wins Orders for Its Construction and Mining Equipment Businesses

Larsen & Toubro Limited to Report Q2, 2021 Results on Oct 28, 2020

The Construction Arm of Larsen & Toubro Limited Secures Orders from Prestigious Clients for its Varied Businesses

L&T Reportedly Looks at Selling Stake in HYD Metro

Larsen & Toubro Limited Announces Singoli-Bhatwari Hydel Power Plant, Uttarakhand -Spinning of Turbines Commences

Larsen & Toubro Ltd. to Report Q1, 2021 Results on Jul 22, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age