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Larsen & Toubro competitors & alternatives

LTConstructionIndia

The 12 closest competitors and alternatives to Larsen & Toubro among construction companies — ranked by similarity to what Larsen & Toubro actually does, not by market-cap band.

$54.4BMarket cap
56,807Employees
12Competitors listed

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About Larsen & Toubro

Larsen & Toubro Limited engages in engineering, procurement, and construction projects (EPC) in India and internationally. The Infrastructure Projects segment is involved in the engineering and construction of building and factories, transportation infrastructure, heavy civil infrastructure, power transmission and distribution, water and effluent treatment, and minerals and metals. The Energy Projects segment provides EPC solutions in oil & gas, refineries, petrochemicals & offshore wind energy sectors, from front-end design through detailed engineering, modular fabrication, procurement, project management, construction, installation and commissioning; CarbonLite solutions for power generation plants including power generation equipment with associated systems; and carbon capture utilization and utility packages. The Hi-Tech Manufacturing segment designs, manufactures/constructs, supplies, and revamps/retrofits custom designed engineered critical equipment and systems for the process plants, nuclear energy, and green hydrogen sectors; marine and land platforms, related equipment and systems, and aerospace products and systems; precision and electronics products and systems for defense, security, space, and industrial sectors; and electrolysers. The IT & Technology Services segment offers information technology and integrated engineering services, e-commerce/digital platforms and data centers, and semiconductor chip design solutions. The Financial Services segment provides retail finance. The Development Projects segment develops, operates, and maintains metro project comprising transit-oriented development, toll roads, power generation and development, thermal power, and green energy. The Others segment engages in realty, manufacture and sale of industrial valves; marketing and servicing of construction equipment, mining machinery and parts, and processing machinery. Larsen & Toubro Limited has a strategic partnership with General Atomics Aeronautical Systems, Inc. to manufacture Medium Altitude Long Endurance (MALE) Remotely Piloted Aircraft Systems (RPAS) in India, for the Indian armed forces. Larsen & Toubro Limited was founded in 1938 and is headquartered in Mumbai, India.

Larsen & Toubro at a glance

Larsen & Toubro is a construction company headquartered in India. It is publicly listed (LT) with a market capitalisation of $54.4B. Xcout tracks 16 named people at Larsen & Toubro, including R. Shankar Raman (President & Whole-Time Director - Finance). Xcout recorded 1 job posting from Larsen & Toubro in the last 90 days.

Larsen & Toubro leadership

  • R. Shankar RamanPresident & Whole-Time Director - Finance
  • Subramanian SarmaDeputy Managing Director & President
  • S. N. SubrahmanyanChairman & Managing Director
  • Anil V. ParabWhole-Time Director & Sr EVP (Manufacturing)
  • S. V. DesaiWhole-Time Director & Sr EVP (Infrastructure)
  • T . Madhava DasWhole-Time Director & Sr EVP (Energy – Hydrocarbon)

10 more named people on record for Larsen & Toubro, with roles, board committees and tenure — see the full roster →

Hiring at Larsen & Toubro

Xcout recorded 1 job posting from Larsen & Toubro in the last 90 days, from a hiring record Xcout has kept since June 2026.

The weekly hiring trend, the roles and locations behind it — see Larsen & Toubro's hiring signals →

Top 12 Larsen & Toubro competitors

Ranked by semantic similarity — how close each company is to Larsen & Toubro by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.

Afcons Infrastructure LimitedAFCONS · ConstructionMumbai, India
66% matchPublic

Similar construction company

Afcons Infrastructure Ltd., along with its affiliated companies, operates in the infrastructure, engineering, and construction sectors across India and globally. The firm specializes in a diverse range of civil engineering projects, including marine structures, road networks, bridges, metropolitan transport systems, power generation facilities, tunneling, oil and gas installations, and liquefied natural gas (LNG) storage tanks. Its marine expertise encompasses the development of ports, harbor jetties, dry and wet docks, protective breakwaters, essential outfall and intake structures, and efficient material handling systems. On land, Afcons builds roads, complex interchanges, railway infrastructure for mining operations, dams, barrages, and various water and irrigation schemes, alongside both road tunnels and other underground constructions. Further expanding its portfolio, the company constructs elevated and subterranean metro lines, flyovers, and elevated corridors, in addition to undertaking both onshore and offshore oil and gas ventures. Originally established as Asia Foundations and Constructions Limited, the company adopted its current name, Afcons Infrastructure Limited, in August 1996. Founded in 1959, its corporate headquarters are located in Mumbai, India.

Market cap$1B
Employees3,793
Afcons Infrastructure Limited competitors & alternatives →
NBCC (India) LimitedNBCC · ConstructionNew Delhi, India
66% matchPublic

Similar construction company

NBCC (India) Limited, established in 1960 and headquartered in New Delhi, India, operates as a diversified enterprise both within India and internationally. Its core business revolves around project management consultancy and real estate development. The company is structured into three main segments. Its Project Management Consultancy (PMC) segment provides services for various civil construction endeavors, such as residential and commercial buildings, urban redevelopment schemes, hospitals, schools, security infrastructure, and border fencing. Additionally, it undertakes significant infrastructure projects including roads, water supply networks, storm water drainage, water storage solutions, and solid waste management initiatives. The Engineering, Procurement, and Construction (EPC) segment executes a wide array of projects, ranging from industrial installations like chimneys and cooling towers to large-scale infrastructure such as airports and roads. This comprehensive segment offers services covering the entire project lifecycle, from initial conceptualization and feasibility studies to detailed engineering, procurement, construction supervision, testing, and ultimate handover. Its Real Estate Development segment focuses on constructing residential, commercial, and institutional properties. Furthermore, NBCC (India) Limited extends its offerings to post-construction maintenance, the implementation of integrated steel plants, specialized consultancy in hospital planning and medical equipment, and engaging in environmental and sustainability ventures. The company was formerly known as National Buildings Construction Corporation Limited until its name change in May 2016.

Market cap$2.3B
Employees1,271
NBCC (India) Limited competitors & alternatives →
Cemindia Projects LimitedCEMPRO · ConstructionMumbai, India
66% matchPublic

Similar construction company

Cemindia Projects Limited, a civil engineering and construction company based in Mumbai, India, was established in 1931. The firm offers a wide array of contracting services throughout India. Its expertise covers various domains, including the construction of maritime structures such as jetties, dolphins, service platforms, quays, berths built on concrete and steel piles, solid gravity wharf structures, ship lifts, dry docks, wet basins, and inclined berths. They also manage breakwater and piled approach trestles, steel piles, bored casts, undersea ground improvement, dredging, land reclamation, coastal erosion protection, and rock bund services. In the transportation sector, Cemindia Projects constructs Mass Rapid Transit (MRT) systems, airports, highways, bridges, and flyovers. The company provides specialized foundation and engineering solutions, encompassing geotechnical investigations, piling, diaphragm walling, slope stabilization, ground improvement techniques like sandwicks/band drains and vibrofloatation stone columns, drilling and grouting, rock/soil anchors, repairs, colcrete, gunite/shotcrete, grouted mattresses, box pushing, tube heading, microtunneling, as well as rehabilitation and underpinning services. Additionally, they undertake major projects involving dams and various tunneling methods (TBM, M-TBM, NATM, Box Pushing Tunnels). Beyond infrastructure, Cemindia Projects handles civil works for industrial plants in the refinery, petrochemical, power, steel, and fertilizer sectors. Their capabilities extend to the design, construction, supply, installation, and commissioning of pipelines, along with the operation of water and wastewater treatment facilities and pumping stations. The company is also venturing into developing data centers to provide cutting-edge, integrated solutions for critical industries. Cemindia Projects serves a diverse client base, including state and central government departments, ministries, local municipal bodies, and private sector clients. The company, formerly known as ITD Cementation India Limited, changed its name to Cemindia Projects Limited in August 2025. As of August 8, 2025, it will operate as a subsidiary of Renew Exim DMCC.

Market cap$2.4B
Employees3,187
Cemindia Projects Limited competitors & alternatives →

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