Rs 6,12,800 Crore Order Book: L&T Wins Orders for Minerals & Metals Business

Larsen & Toubro's (L&T) Minerals & Metals (M&M) business has secured multiple "Large" orders in India, valued between Rs 2,500 crore to Rs 5,000 crore. A significant contract comes from Hindalco for their new greenfield project in Odisha, where L&T will set up a 180 KTPA Aluminium SMElter involving civil, structural, supply and erection work. Additionally, L&T will handle the engineering, procurement, Construction and installation of the associated Gas Treatment Centre (GTC), continuing its long-standing partnership with Hindalco. M&M also secured an order from Tata Steel, Jamshedpur, for the engineering, manufacturing, supply, construction and installation of a 1 MTPA Coke Oven Battery 6 A/B.

Beyond the major projects, the M&M Product Business Unit has received several orders from various clients across India for specialised mining and material handling equipment. This includes supplying machinery such as Stacker Reclaimers, Wagon Tipplers, Crushers and Surface Miners. These contracts underscore M&M's expertise in providing world-class, cost-effective, end-to-end solutions in the EPC (Engineering, Procurement and Construction) domain for sectors like mining, minerals processing, industrial products and material handling, as well as providing products for industries like cement, steel, fertilisers and ports.

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.

The company has a market cap of over Rs 5.4 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 33 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.