Rs 6,12,800 Crore Order Book: Infrastructure company wins single-largest order of over Rs 15,000 crore for hydrocarbon onshore business
DSIJ Intelligence-1 / 09 Oct 2025/ Categories: Mindshare, Trending
The stock is up by 28 per cent from its 52-week low and has given multibagger returns of over 300 per cent in the last 5 years.
Larsen & Toubro Ltd (L&T), through its Hydrocarbon Onshore business (L&T Energy Hydrocarbon Onshore), has secured an "Ultra-Mega" order, the single-largest in the history of its hydrocarbon onshore business, valued at over Rs 15,000 crore. This substantial international contract is for the establishment of a Natural Gas Liquids (NGL) plant and associated facilities in the Middle East. L&T won the order in a consortium with the Greece-headquartered Consolidated Contractors Group S.A.L. (Offshore) (CCC). The comprehensive scope of work covers the complete project lifecycle, including engineering, procurement, Construction, installation and commissioning of the NGL plant designed to process Rich Associated Gas (RAG), along with developing all associated utilities, off-sites and ensuring integration with existing infrastructure.
Under the terms of the consortium agreement, L&T will take the lead role, primarily handling the engineering and procurement phases of the project, while its partner, CCC, will manage the construction activities. The project's main purpose is to treat the Rich Associated Gas (RAG), which is sourced from both offshore and onshore oil fields. This treatment process within the new NGL plant will remove impurities such as H2S, CO2 and H2O, thereby producing valuable value-added products. These final products include lean sales gas, ethane, propane, butane and hydrocarbon condensate, significantly contributing to the region's energy resources and petrochemical feedstock supply.
About the Company
Larsen & Toubro (L&T) is a massive Indian conglomerate with its fingers in many pies. Their core business is engineering, procurement and construction (EPC) solutions across various sectors like infrastructure, power, hydrocarbon (oil & gas) and Defence. They also manufacture custom-designed machinery for these industries and even have a Real Estate arm. L&T is a major player in IT services through subsidiaries like L&T Infotech and Mindtree and provides financial services like rural and housing finance through L&T Finance Holdings. They even handle development projects involving infrastructure, toll management and power generation.
According to Quarterly Results, the net sales increased by 11 per cent to Rs 74,392.28 crore and net profit increased by 25 per cent to Rs 5,497.26 crore in Q4FY25 compared to Q4FY24. Looking at its annual results, the net sales increased by 16 per cent to Rs 2,55,734.45 crore and the net profit increased by 15 per cent to Rs 15,037.11 crore in FY25 compared to FY24.
The company has a market cap of over Rs 5 lakh crore and has been maintaining a healthy dividend payout of 33 per cent. Life Insurance Corporation of India (LIC) owns a 13.60 per cent stake in the company as of June 2025. The company has a robust Order Book valued at Rs 6,12,800 crore as of June 30, 2025. The stock is up by 28 per cent from its 52-week low and has given multibagger returns of over 300 per cent in the last 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.