COMPANY PROFILE

Larsen & Toubro Limited (NSE: LT, BSE: 500510), or L&T, is an Indian multinational conglomerate corporation headquartered in Mumbai, Maharashtra, India. The company has business interests in engineering, construction, manufacturing, information technology and financial services.

Larsen & Toubro Limited is India's largest engineering and construction conglomerate with additional interests in IT and electrical business. LTM Business Unit is a part of the Machinery and Industrial

Products Division of L&T and offers a wide range of Rubber Processing Machinery, Auxiliary Equipment for Plastics Processing Industries and Custom Engineered Products.

LTM Business Unit commenced its operations in 1974 at its plant in Chennai, India. It was originally a joint venture company, L&T-McNeil Limited, formed by L&T and McNeil Akron Inc., USA. Subsequently, L&T acquired the total ownership of the JV and made it as a Strategic Business Unit (SBU), known as LTM Business Unit, retaining its popular name of LTM. LTM BU is accredited with ISO 9001:2000 Quality Management Systems and ISO 14001:2004 Environmental Management Systems. The unit vigorously practices the concepts of TQM, TPM, Six Sigma and Lean Manufacturing to continuously improve its products and processes. History: The company was founded in Mumbai in 1938 by two Danish engineers, Henning Holck-Larsen and Sren Kristina Toubro. The company began as a representative of Danish manufacturers of dairy equipment. However, with the start of the Second World War in 1939 and the resulting restriction on imports, the partners started a small workshop to undertake jobs and provide service facilities. Germany's invasion of Denmark in 1940 stopped supplies of Danish products.

The war-time need to repair and refit ships offered L&T an opportunity, and led to the formation of a new company, Hilda Ltd., to handle these operations, but the finances required were beyond the capacity of the partners. This prompted them to raise additional equity capital, and on 7 February 1946, Larsen & Toubro Private Limited was born.

Larsen & Toubro

Larsen & Toubro Limited

Type Traded as Industry Founded Founder(s) Headquarters Area served Key people

Public NSE: BSE: BSE SENSEX Constituent Conglomerate Mumbai, India (1938) Henning Hocks Sren Kristina Toubro Mumbai, Maharashtra, India Worldwide A. M. Nair (Executive Chairman) K. Venkataramanan (CEO & MD) Construction Heavy Electrical Power Shipbuilding Financial IT Services Larsen LT 500510

equipment equipment

Products

services

Revenue Operating income Net income Total assets Employees Divisions

520.89 billion (US$10.39 billion) 64.38 billion (US$1.28 billion) 44.56 billion (US$888.97 million) (2011) 634.16 billion (US$12.65 billion) (2011) 45,117 (2011) Technology, engineering, construction, manufacturing

Subsidiaries

L&T InfoTech, L & T Mutual Fund, L&T Infrastructure Finance Company, L&T Finance Holdings, L&T IES www.larsentoubro.com

Website

Quality of L&T: Providing products and services of quality including performance and reliability. Providing products and services on time, every time. Developing vendors to meet the quality requirements of our products Adding value to our products and services by continual improvement. Complying with statutory and regulatory requirements related to environment, safety and health, applicable to our products and processes. Building quality culture through employee participation and empowerment. Vision on L&T: L&T shall be a professionally managed Indian multinational, committed to total customer satisfaction and enhancing shareholder value. L&T ides shall be innovative, entrepreneurial and empowered team constantly creating value and attaining global benchmarks. L&T shall foster a culture of caring, true and continuous learning while meeting expectations of employees, stakeholders and society. Engineering and Construction Projects: L&Ts engineering and construction track record consists of implementation of turnkey projects in major core and infrastructure sectors of the Indian industry. L&T has successfully delivered EPIC services for many projects in the upstream hydrocarbon sector over the last two decades, in India, Middle East, Africa, South-East Asia and Australia to reputed international companies like ONGC, British Gas, Songas, Qatar Petroleum, GASCO, PETRONAS, Shell, MODEC, Technip, Maersk Oil and Bunduq. The joint venture will own and operate the LTS 3000, a Heavy Lift cum Pipe lay Vessel. L&T has more than 38000 employees in India.

L&T Power: L&T has set up an organization focused on opportunities in coal-based, gas-based and nuclear power projects. This business provides turnkey solutions for setting up utility power plants as well as cogeneration and captive power plants on an EPC basis. It also provides power plant engineering services through L&T Sargent & Lundy, a joint venture of L&T and Sargent & Lundy, USA. L&T has formed two joint ventures with Mitsubishi Heavy Industries, Japan to manufacture super critical boilers and steam turbine generators. L&T has also signed a technical collaboration with Clyde Bergemann for Electrostatic Precipitators, a crucial BOP item in coal based thermal power plants. L&T Power offers turnkey solutions for large i.e. up to 1000 MW coal-based power plant projects based on supercritical standards and also offers the same capability in gas-based power plants.

Heavy engineering: L&T is claimed to be among the top five fabrication companies in the world. The Heavy engineering division manufactures and supplies custom designed and engineered critical equipment and systems to the needs of core-sector industries and the defenses sector. It is the preferred supplier of equipment for a select range of products, globally.

Construction: ECC Engineering, Construction & Contracts Division of L&T is the major contributor of L&T's share market. Currently, it is also listed as Indias largest construction organization. L&T covers varied disciplines of constructioncivil, mechanical, and electrical and instrumentation.

Electrical and electronics: L&T is an international manufacturer of a wide range of electrical and electronic products and systems. L&T also manufactures custom-engineered switchboards for industrial sectors like power, refineries, petrochemicals and cement. In the electronic segment, L&T offers a range of meters and provides control and automation systems for industries. Medical Equipment.

L&T Machinery & Industrial Products: L&T manufactures markets and provides service support for critical construction and mining machinery surface miners, hydraulic excavators, aggregate crushers, loader backhoes and vibratory

compactors; supplies a wide range of rubber processing machinery. This division provides solutions to: 1. Construction & Mining Equipment 2. Material Handling 3. Crushing Systems & Equipment 4. Valves 5. Rubber Processing Machinery 6. Plastics Processing Machinery 7. Paper Machinery 8. Welding Products 9. Castings 10. Wind-mill Components 11. Cutting Tools Subsidiaries & Joint Ventures: L&T - Komatsu Limited L&T Finance Larsen & Toubro Infrastructure Finance L&TIntegrated Engineering Services (IES) L&T Valves Joint ventures: L&T Infocity Infrastructure Limited (L&T IIL) - A subsidiary of LTIL and has developed an IT

Park in Salt Lake, Kolkata. Vizag IT Park Limited (VIPL) - It has developed an IT Park project for HSBC Electronic Data

Processing India Private Limited (HDPI) at Siripuram, Visakhapatnam. L&T Tech Park Limited - A subsidiary of L&T IDPL, formed to promote an IT Park in Kakkanad,

Kochi, Kerala. Cyber Park Development & Construction Limited - An SPV with Software Technology Parks of India (STPI), has developed a Cyber Park in Electronics City, Bangalore. L&T Arun Excello Realty Private Limited - A JV with Arun Excello, formed to promote an integrated township Estancia on GST Road, Chennai.

L&T South City Projects Limited - A JV between L&T, Dinesh Ranka Associates and Pragnya Trustee and Investment Management Company, to develop an integrated township at Siruseri on the Old

Mahabalipuram Road, Chennai and off Bannerghatta Road, Bangalore. L&T Vision Ventures Limited - An SPV promoted along with Vizag Urban Development Authority, to develop a township in Vizag on a 55-acre (220,000 m2) land (2.5 mi sft., 250 villas and 900 apartments, club house and a school). Awards and accolades: o o o o o o SGCCI Golden Jubilee Memorial Trust Award for outstanding performance in expert of engineering or 2004-05. The Economic Times named Mr. A.M. Naik "Business Leader of the Year" for 2008. L&T is among the top 100 Most Trusted brands of India as published in The Brand Trust Report. Mr. A.M. Naik was also awarded the Padma Bhushan by the President of India in 2009. L&T Won Best Innovation in Logistics-Transportation award on 20 May 2011 from India International Logistics Forum L&T Won the Financial Express-EVI Green Business Leadership Award for 2010-11. The award was received from Dr.A.P.J. Abdul Kalam

INDUSTRY PROFILE
In Larson & Tuobro ltd is Indias largest engineering and construction business organization. LTM is one of the statistical Business units which mainly focus on Tyre building machines and Tyre Curing presses. Tyre build machines are mainly manufactured from this unit. In this unit competitors are:

AMCL Machinery Ltd. AMCL Machinery Limited is a group company of Hindustan National Glass & Industries Limited who are one of the World Leaders in manufacturing of Glass Bottles offering premium glass containers for every kind of application. HNGIL is an acknowledged market leader of today and producing 6 million bottles for multifarious industries like pharmaceuticals, beverages, processed foods, cosmetics, liquors etc.

AMCL an ISO 9001:2000 certified company is in the business of design, manufacturing, supply & installation of Vertical Roller Pre-Grinding Mill, Tri - Lobe Blowers. Amcl also manufactures Complete Range of Rubber & Tyre Machinery like Banbury Mixers, Mixing Mills, Tyre Building

Machines, Tyre Curing press, Calendars, Extruders, and Tube Splicers etc. To cater to need of various RMC Unit AMCL manufactures Bulk Handling System, Transit Mixers.

AMCL was founded in 1975 as a joint venture company of ACC ltd & Leonh Herbert Machinfabrik (Thyssen group company), Germany, with 74% stake of ACC with manufacturing unit in Kalwe (Mumbai). In 1995 ACC bought over 26% equity from Leonh Herbert and AMCL become wholly owned subsidiary of ACC. In 1995 second manufacturing unit was set up at Madukkarai, Coimbatore in southern part of India

In March, 2008 HNG (Hindustan National Glass) group purchased 100% share of AMCL with a vision of entering in the engineering business. HNGIL is the largest producer of glass containers in India having 6 manufacturing locations with a turnover of USD 300 million with a dominant market share of 65% plus.

AMCL Products are: Tyre curing press. Tube curing press. Bladder curing press. Tube splicer. Tyre building machines. Mixing mill.

ThyssenKrupp Manufacture Ltd. ThyssenKrupp Elastomertechnik has signed a further technical co-operation agreement with the Indian-based manufacturer, Alfred Herbert India. The agreement relates to the manufacture of the column curing presses, for the Indian market. Following the agreement signed in 1999 for the manufacture of the first frame-type hydraulic curing presses for India, the two companies are now moving into the area of advanced machine technology for the production of high-performance radial tyres and ultra-highperformance tyres. ThyssenKrupp Elastomertechnik Managing Director, Frank Horch, believes that India - particularly its tyre sector - will play an important part on the world market

First published in 1946 Tyres & Accessories is the leading English-language tyre trade publication in Europe. The magazine has an audited circulation of 7163 copies per month, which goes out to all the European industrys leading decision makers.

Our website has witnessed particular growth in its online readership and now attracts up to 170,000 visits a month. Our product offering is completed with e-Newsletter. This is sent to the inboxes of over 18,200 individual tyre and wheel industry decision email addresses every working day. At Tyres & Accessories, we believe that our readers and advertisers deserve the best. That is why we continually demonstrate our commitment to the industry by providing the finest possible news and information service, which, in turn, enables us to offer the most effective advertising medium available.

ThyssenKrupp Manufacture Products: Cooper ads discover (A/T3 to 4*4 ranges) OTR Type (cutting edges) Other different Tyre. Alfred Herbert India Ltd. Alfred Herbert (India) Limited engages in the manufacture and trade of industrial machineries and spares in India. The company primarily offers a range of rubber machinery for the tire and rubber industry, including tire curing presses, tire building machines, mixers, two roll mills, and tube presses. It also provides jig boring machines, calendaring or other rolling machines, intermixes, auto form tire presses/tire curing presses, servicers/band apps, bias cutters, and plastic processing machines,.

Audited financial statement for the Year of 11.00%, from INR 23.81 tens of millions to INR from INR 1.79 tens of millions to INR 4.48 tens of results of the period increased 80.43% reaching against INR 1.84 tens of millions last year. Return 6.63% to 10.81%, the Return On Asset (Net and the Net Profit Margin (Net Income/Net Sales)

2011, total net operating revenues increased with 26.43 tens of millions. Operating result increased millions which means 150.28% change. The INR 3.32 tens of millions at the end of the period on equity (Net income/Total equity) went from income / Total Asset) went from 6.55% to 10.71% went from 7.73% to 12.56% when compared to

the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 101.01% compared to 101.26% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.51 to 2.53 when compared to the previous year. Alfred Herbert India Ltd Products: Tyre building machines Millers Two roll millers Tube presses Bias cutters Other Tyre.