Presentation on theme: "Mr. P S Kapoor ICAI Membership No. :"— Presentation transcript:
1Mr. P S Kapoor ICAI Membership No. : 033744 Category : CFOSub Category : Engineering & Capital Goods SectorHead – Finance & Accounts & Risk Management Hydrocarbon IC (Vertical)Larsen & Toubro Limited
2Turnover (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
3Key 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
4Major 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 …..
5MAJOR 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