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L&T Technology Services Ltd

(LTTS)

₹5234.20.73%

as on 04:01PM, 11 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

L&T Technology Services Ltd Share analysis

Excluding Excise Duty and Other Income, represents Net Revenue

L&T Technology Services Ltd revenue growth forecast

Expected growth rate Q1, FY2024:-0.07%

Forecast

Actual

Source: S&P Global Market Intelligence

L&T Technology Services Ltd Performance

  • Day's Low

    Day's High

    ₹5,164.1
    ₹5,249.95
  • 52 Week's Low

    52 Week's High

    ₹4,111
    ₹6,000
1 Month Return-8.38 %
3 Month Return+ 3.52 %
1 Year Return+ 10.7 %
Previous Close₹5,196.50
Open₹5,190.00
Volume70.60K
Upper Circuit-
Lower Circuit-
Market Cap₹54,998.48Cr

L&T Technology Services Ltd Key Statistics

P/E Ratio42.37
PEG Ratio6.04
Market Cap₹54,998.48 Cr
P/B Ratio11.5
EPS123.24
Dividend Yield0.91
SectorIT - Software
ROE27.19

L&T Technology Services Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹54,998.48 Cr47.92%0.56₹1,306 Cr₹9,647 Cr
BUY₹22,564.97 Cr114.85%0.50₹297 Cr₹1,842 Cr
NA₹48,324.62 Cr217.47%0.55NANA
HOLD₹48,563.07 Cr85.7%0.57₹835 Cr₹9,179 Cr
NA₹81,682.54 Cr354.4%0.52₹1,093 Cr₹9,821 Cr

About L&T Technology Services Ltd

LT Technology Services Limited (LTTS), a subsidiary of Larsen Toubro Limited, is a leading global engineering research and development (ERD) services company headquartered in India, with over 16,000 employees spread across 25 global sales offices and 89 innovation labs. As of March 31, 2022, its customer base includes 69 Fortune 500 companies and 53 of the world’s top ERD companies. In 2014, LTTS acquired the Product Engineering Services (PES) business except the unit in Germany from Larsen Toubro Infotech Limited, and in 2015, it acquired the unit of PES business in Germany from LT Infotech GmbH. Following this, it also acquired 74% stake in Thales Software India Private Limited (TSIPL) and the Engineering Services division of Dell India. In 2016, the company was listed on the bourses and announced a Digital Engineering Transformation partnership with Microsoft Corporation. They secured a multi-year multimillion dollar contract from a large global semiconductor company, developed Smart City Campus solutions, completed the acquisition of Esencia Technologies, and collaborated with Wind River, an Intel Company. In 2017, LTTS inaugurated its new Center of Excellence dedicated for a leading German OEM in Munich, Germany, and established a Centre of Excellence in Jerusalem, Israel. The company won a project worth $50 million from a leading Aerospace Electronic Systems Manufacturer in 2018, and a multi-million dollar contract from Covestro in the same year. In 2019, the company acquired Bengaluru based Graphene Semiconductor Services Private Limited, and in 2020, it acquired Orchestra Technology Inc, incorporated in Texas. Finally, in 2021, Esencia Technologies Inc. was merged with LTTS LLC.

Share Price: ₹5234.20 per share as on 11 Oct, 2024 04:01 PM
Market Capitalisation: ₹54,998.48Cr as of today
Revenue: ₹2,461.90Cr as on June 2024 (Q2 24)
Net Profit: ₹313.90Cr as on June 2024 (Q2 24)
Listing date: 23 Sep, 2016
Chairperson Name: A M Naik
OrganisationL&T Technology Services Ltd
HeadquartersVadodara
IndustryIT - Software
E-voting on sharesClick here to vote

Key events for L&T Technology Services Ltd

  • L&T Technology Services Launches Cyber Command Center - 11 Oct, 2024

    L&T Technology Services, in collaboration with the Maharashtra State Cyber Department, launched India's first integrated Cyber Command and Control Center to enhance digital safety and combat cybercrime using advanced technologies.

  • L&T Technology Services Announces First Interim Dividend - 30 Sep, 2024

    L&T Technology Services plans to declare its first interim dividend for FY25. The company reported Q1FY25 revenue of Rs 2,246.40 crore and a net profit of Rs 312.60 crore.

  • LTTS Recognized as Leader in Engineering Services - 26 Sep, 2024

    L&T Technology Services (LTTS) has been recognized as a Leader in Connected Product Engineering Services by Everest Group. This accolade reflects LTTS's commitment to innovation and excellence in embedded engineering, showcasing its capabilities in IoT, digital twin technology, and advanced embedded systems. The recognition highlights LTTS's ability to deliver transformative solutions that enhance operational efficiencies and drive competitive advantage for clients.

Insights on L&T Technology Services Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 8.41% to 8.54% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 2.85% to 3.61% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Rail Vikas Nigam Ltd has given 188.3% return, outperforming this stock by 177.6%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Rail Vikas Nigam Ltd has given 1476.8% return, outperforming this stock by 1463.4%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 73.74% to 73.69% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 5.51% to 4.46% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 2.59K Cr → 2.52K Cr (in ₹), with an average decrease of 2.7% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 340.9 Cr → 313.6 Cr (in ₹), with an average decrease of 8.0% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, LTTS stock has moved down by -8.4%

News

Stock Alert: Coal India, Bank of Baroda, Tata Steel, Sonata Software, Aster DM Healthcare

Upcoming Result: Tata Motors, ITC, Sun Pharmaceutical Industries, Aditya Birla Capital, Adani Enterprises, Adani Ports and Special Economic Zone, Dabur India, Arvind Fashions, Escorts Kubota, Emami, Zomato, Kalyan Jewellers, Akzo Nobel India, Alkyl Amines Chemicals, Aptus Value Housing Finance, Cleans Science and Technology, Great Eastern Shipping, GHCL, Godrej Agrovet, G R Infraprojects, Indegene, Max Healthcare Institute, Neuland Laboratories, Orient Electric.01 Aug, 2024 08:38 AM

Buy Coal India, target price Rs 600: Motilal Oswal

Coal India Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 321817.67 Crore) operating in Mining sector.01 Aug, 2024 09:25 AM

Hot stocks: Brokerage view on Coal India, Tata Steel, Maruti Suzuki and M&M

CLSA has reiterated its 'Outperform' rating on Coal India and increased the target price to Rs 580 from Rs 480. The firm noted that the first quarter was robust operationally, driven by lower costs. It anticipates continued resilient volume growth in the near term and, with a 5% dividend yield, considers the risk-reward profile to be compelling.01 Aug, 2024 09:43 AM
View More

L&T Technology Services Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹2,301.40Cr (-)₹2,386.50Cr (↑3.70%)₹2,421.80Cr (↑1.48%)₹2,537.50Cr (↑4.78%)₹2,461.90Cr (↓2.98%)
Net Income₹312.10Cr (-)₹315.90Cr (↑1.22%)₹336.80Cr (↑6.62%)₹341.40Cr (↑1.37%)₹313.90Cr (↓8.06%)
Net Profit Margin13.56% (-)13.24% (↓2.36%)13.91% (↑5.06%)13.45% (↓3.31%)12.75% (↓5.20%)
Value in ₹ crore
Details2021202220232024
Total Assets₹4,932.40Cr (-)₹5,791.60Cr (↑17.42%)₹7,892.00Cr (↑36.27%)₹8,113.50Cr (↑2.81%)
Total Liabilities₹1,592.30Cr (-)₹1,810.00Cr (↑13.67%)₹3,687.70Cr (↑103.74%)₹3,062.40Cr (↓16.96%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹664.30Cr (-)₹1,267.10Cr (↑90.74%)₹899.30Cr (↓29.03%)₹1,266.90Cr (↑40.88%)₹1,341.30Cr (↑5.87%)

Index Inclusions

Nifty Midcap 150

₹21,979.15

0.43 (93.5%)

BSE Mid-Cap

₹48,436.86

0.44 (211.84%)

S&P BSE Quality

₹2,038.88

0.35 (7.2%)

Nifty MidSmallcap 400

₹20,670.80

0.44 (91.3%)

S&P BSE 150 MidCap

₹16,691.29

0.32 (52.72%)

S&P BSE 250 LargeMidCap

₹10,993.46

-0.02 (-1.65%)

BSE 500

₹37,203.52

0.03 (12.58%)

NIFTY IT

₹42,335.70

0.59 (246.9%)

Nifty 500

₹23,611.25

0.06 (13.1%)

BSE 200

₹11,582.28

-0.02 (-2.2%)

Nifty LargeMidcap 250

₹16,521.60

0.17 (27.75%)

S&P BSE AllCap

₹10,896.94

0.07 (7.15%)

BSE IT Sector

₹42,827.08

0.59 (249.54%)

S&P BSE 400 MidSmallCap

₹12,717.51

0.37 (47.09%)

L&T Technology Services Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.69%
-0.07
Foreign Institutions
4.46%
-19.06
Mutual Funds
3.61%
26.62
Retail Investors
8.54%
1.49
Others
9.69%
2.31

L&T Technology Services Ltd Key Indicators

Details20202021202220232024
Return On Assets %19.4513.4516.5215.3616.07
Details20202021202220232024
Book Value Per Share (₹)264.94330.77394.55420.37502.56
Details20202021202220232024
Earning Per Share (₹)78.763.4891.05115.3123.24
Details20202021202220232024
Return On Equity %31.2522.5925.0928.1827.19

L&T Technology Services Ltd Valuation

L&T Technology Services Ltd in the last 5 years

  • Overview

  • Trends

Lowest (13.16x)

March 23, 2020

Industry (39.40x)

October 11, 2024

Today (42.37x)

October 11, 2024

Highest (72.07x)

November 17, 2021

LowHigh

L&T Technology Services Ltd Earnings and Dividends

  • L&T Technology Services Ltd Earnings Results

    L&T Technology Services Ltd’s net profit jumped 0.8% since last year same period to ₹313.60Cr in the Q1 2024-2025. On a quarterly growth basis, L&T Technology Services Ltd has generated -8.01% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • L&T Technology Services Ltd Dividends April,2024

    In the quarter ending March 2024, L&T Technology Services Ltd has declared dividend of ₹33 - translating a dividend yield of 1.53%.

    Read More about Dividends

L&T Technology Services Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

L&T Technology Services Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on L&T Technology Services Ltd

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L&T Technology Services Ltd (LTTS) share price today is ₹5234.2

L&T Technology Services Ltd is listed on NSE

L&T Technology Services Ltd is listed on BSE

  • Today’s highest price of L&T Technology Services Ltd is ₹5249.95.
  • Today’s lowest price of L&T Technology Services Ltd is ₹5164.1.

PE Ratio of L&T Technology Services Ltd is 42.37

PE ratio = L&T Technology Services Ltd Market price per share / L&T Technology Services Ltd Earnings per share

Today’s traded volume of L&T Technology Services Ltd(LTTS) is 70.60K.

Today’s market capitalisation of L&T Technology Services Ltd(LTTS) is ₹54998.48Cr.

L&T Technology Services Ltd(LTTSPrice
52 Week High
₹6000
52 Week Low
₹4111

L&T Technology Services Ltd(LTTS) share price is ₹5234.2. It is down -12.76% from its 52 Week High price of ₹6000

L&T Technology Services Ltd(LTTS) share price is ₹5234.2. It is up 27.32% from its 52 Week Low price of ₹4111

L&T Technology Services Ltd(LTTSReturns
1 Day Returns
37.7%
1 Month Returns
-8.38%
3 Month Returns
3.52%
1 Year Returns
10.7%