Presentation on theme: "Mr. P S Kapoor ICAI Membership No. :"— Presentation transcript:
1 Mr. P S Kapoor ICAI Membership No. : 033744 Category : CFOSub Category : Engineering & Capital Goods SectorHead – Finance & Accounts & Risk Management Hydrocarbon IC (Vertical)Larsen & Toubro Limited
2 Turnover (Sales) of the Company in Rupees: INR 64,960 CroresNet worth of the Company:INR 29,387 CroresMarket Capitalization of the Organization:Mar12: INR 80,031 Crs; Sep12:INR 98,010
3 Key role in the Organization Driving financial performance for achieving/ exceeding the budgeted parametersEnsuring effective Business PartneringStrategic Plan FormulationEnsuring superior Risk Management ProcessesEffective conduct of Board Meetings of the VerticalLocations: Mumbai, Baroda, Chennai, Kolkotta, Bangalore, Faridabad, HaziraUnited Arab Emirates, Oman, Kuwait, Saudi Arabia, QatarNo of Direct & Indirect Reportees: Over 100
4 Major AchievementsDriving Financial Performance & Risk Management ProcessesFor the second consecutive year received CFO Award for ‘Best Presented Accounts’ within L&T GroupEffective Forex managementMinimised impact of forex volatility on PBITHelped in improving Project Profitability by 1% by timely hedging [Forex gain of approx Rs.126 Cr.]First Time Implementation of Embedded Derivative AccountingStrengthened Internal Controls & reviewed SOPsSales Growth: 32%, ROCE: 47%, EVA: INR 391 CrConducted pre-bid & post-award project risk reviewsBusiness PartneringInculcated concept of business partneringPre-bid tax advisory, post-award implementationReviewed critical parameters for on going jobsDesigned analytical Project Cost reportsImproved Processes for Cash Flow MonitoringSetting up of War Rooms for addressing key issuesCont’d …..
5 MAJOR ACHIEVEMENTS (Cont’d) Formulated Strategic PlanFacilitating setting up of Subsidiary Cos overseasBuilding International F&A organisationTaxation –Arranged for getting lower with-holding taxHandled large value tax demands & obtained favourable ordersImplementation of SAP 6.0 & Costing systems at various locationsEnsured effective usage of IT systems through effective interfaces between SAP & legacy systemsEnsured smooth conduct of Hydrocarbon IC Board MeetingsLeading Safety Efforts - Apex member of Safety CommitteeNominated as Director in 7 S&A Companies of L&TPeople development & bondingCorporate Sustainability Reporting - Core Team MemberL&T Ranked 4th in the world in 2012To Conclude: Achievements are multi-faceted