Larsen & Toubro Limited (LTOUF)

Larsen & Toubro Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	172,970	119,585	169,267	137,702	133,735	113,246
Short-Term Investments	381,421	366,738	375,106	322,618	316,277	145,764
Cash & Short-Term Investments	554,391	486,323	544,373	460,320	450,012	259,010
Cash Growth	17.08%	-10.66%	18.26%	2.29%	73.74%	21.59%
Accounts Receivable	511,432	1,103,127	1,019,527	995,465	906,869	925,812
Other Receivables	-	28,023	17,742	8,713	1,022	1,499
Receivables	513,660	1,131,945	1,039,510	1,006,711	909,973	934,471
Inventory	72,749	66,202	68,288	59,433	58,205	57,467
Restricted Cash	-	6,050	7,901	10,166	11,711	8,656
Other Current Assets	792,614	142,134	157,367	122,709	105,977	150,062
Total Current Assets	2,290,703	2,180,799	2,222,043	2,082,031	1,949,668	1,826,899
Property, Plant & Equipment	187,558	184,841	164,232	137,378	137,962	155,552
Long-Term Investments	105,616	111,687	102,742	104,276	88,435	73,488
Goodwill	78,309	78,009	77,987	76,852	80,670	80,114
Other Intangible Assets	173,420	175,317	181,241	188,077	193,084	196,813
Long-Term Deferred Tax Assets	38,039	38,637	39,848	28,401	26,970	38,466
Long-Term Deferred Charges	-	7.5	3.7	8.6	13.6	18.5
Other Long-Term Assets	102,405	100,673	102,657	113,435	107,886	108,935
Total Assets	3,566,076	3,396,272	3,303,523	3,200,672	3,112,737	3,081,401
Accounts Payable	515,636	532,929	497,841	513,656	457,452	436,439
Accrued Expenses	-	21,172	21,247	20,387	18,792	16,412
Short-Term Debt	384,340	278,343	308,963	304,770	277,658	350,210
Current Portion of Long-Term Debt	341,792	296,985	263,994	313,730	227,194	236,548
Current Portion of Leases	6,144	5,477	4,908	4,065	4,061	4,250
Current Income Taxes Payable	19,301	18,605	13,935	13,098	11,710	15,096
Current Unearned Revenue	-	475,232	387,958	307,816	278,197	280,195
Other Current Liabilities	686,051	137,265	121,815	116,884	99,015	108,142
Total Current Liabilities	1,953,263	1,766,007	1,620,660	1,594,406	1,374,080	1,447,292
Long-Term Debt	509,584	565,070	612,177	616,183	821,200	823,313
Long-Term Leases	19,975	17,348	16,463	16,333	16,177	17,416
Long-Term Unearned Revenue	-	5,850	646.4	-	-	-
Long-Term Deferred Tax Liabilities	4,369	5,336	6,304	10,393	11,787	14,530
Other Long-Term Liabilities	19,076	3,748	4,647	2,625	3,238	9,628
Total Liabilities	2,506,266	2,370,776	2,267,851	2,246,935	2,233,537	2,318,961
Common Stock	2,750	2,749	2,811	2,810	2,809	2,808
Additional Paid-In Capital	-	505.6	87,702	87,187	86,677	85,996
Retained Earnings	-	837,213	782,955	708,504	646,392	568,892
Comprehensive Income & Other	889,549	23,125	19,791	25,575	22,808	9,537
Total Common Equity	892,299	863,592	893,260	824,077	758,685	667,232
Minority Interest	167,511	161,904	142,413	129,661	120,515	95,208
Shareholders' Equity	1,059,810	1,025,497	1,035,672	953,737	879,201	762,441
Total Liabilities & Equity	3,566,076	3,396,272	3,303,523	3,200,672	3,112,737	3,081,401
Total Debt	1,261,835	1,163,222	1,206,504	1,255,081	1,346,291	1,431,737
Net Cash (Debt)	-707,444	-676,900	-662,131	-794,761	-896,278	-1,172,727
Net Cash Per Share	-514.12	-486.61	-470.79	-565.15	-637.66	-834.55
Filing Date Shares Outstanding	1,375	1,375	1,405	1,405	1,405	1,404
Total Common Shares Outstanding	1,375	1,375	1,405	1,405	1,405	1,404
Working Capital	337,440	414,791	601,383	487,625	575,588	379,607
Book Value Per Share	648.87	628.22	635.55	586.52	540.16	475.27
Tangible Book Value	640,570	610,266	634,032	559,148	484,932	390,305
Tangible Book Value Per Share	465.81	443.94	451.11	397.96	345.26	278.02
Land	-	9,999	10,009	9,895	11,683	11,743
Buildings	-	57,190	44,082	42,792	42,051	37,353
Machinery	-	173,327	150,730	130,027	125,823	107,404
Construction In Progress	-	28,970	29,491	11,703	3,884	32,249
Leasehold Improvements	-	5,420	4,695	4,191	4,063	3,687
Order Backlog	-	4,758,090	3,970,330	3,575,950	3,273,540	3,038,570

Source: S&P Capital IQ. Standard template. Financial Sources.