L&T Technology Services Ltd
LTTSL&T Technology Services Ltd
LTTSPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
44.35 | 10.83 | 0.91% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
35.54 | 9.37 | 1.63% |
Forecast & Ratings
Detailed Forecast from 18 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
L&T Technology Services Ltd offers design, analysis, prototyping & testing, embedded system design, manufacturing engineering and engineering process support using cutting-edge CAD / CAM / CAE technology in various domains.
Peers
Compare with peersOracle Financial Services Software Ltd
Persistent Systems Ltd
Tata Elxsi Ltd
Cyient Ltd
Newgen Software Technologies Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 3,150.70 | 3,306.50 | 3,940.50 | 5,301.10 | 5,828.20 | 5,603.40 | 6,722.10 | 9,018.80 | 9,854.60 | 10,029.50 | ||||||||||
Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7,885.40 | ||||||||||
Power & Fuel Cost | 10.60 | 11.60 | 12.30 | 14.70 | 16.60 | 18.20 | 19.00 | 30.70 | 38.00 | |||||||||||
Employee Cost | 1,968.10 | 2,095.80 | 2,460.00 | 3,031.80 | 3,251.60 | 3,355.00 | 3,650.50 | 4,630.80 | 4,929.80 | |||||||||||
Selling & Administrative Expenses | 242.97 | 201.10 | 238.60 | 458.50 | 477.80 | 346.10 | 433.40 | 868.70 | 711.70 | |||||||||||
Operating & Other expenses | 325.13 | 354.20 | 460.60 | 658.60 | 762.60 | 723.00 | 1,051.90 | 1,524.40 | 2,048.80 | |||||||||||
EBITDA | 603.90 | 643.80 | 769.00 | 1,137.50 | 1,319.60 | 1,161.10 | 1,567.30 | 1,964.20 | 2,126.30 | 2,144.10 | ||||||||||
Depreciation/Amortization | 58.90 | 62.50 | 88.80 | 104.20 | 182.90 | 218.30 | 214.40 | 233.80 | 271.60 | 286.80 | ||||||||||
PBIT | 545.00 | 581.30 | 680.20 | 1,033.30 | 1,136.70 | 942.80 | 1,352.90 | 1,730.40 | 1,854.70 | 1,857.30 | ||||||||||
Interest & Other Items | 2.50 | 2.10 | 2.40 | 1.90 | 36.50 | 45.50 | 43.70 | 44.40 | 50.90 | 52.00 | ||||||||||
PBT | 542.50 | 579.20 | 677.80 | 1,031.40 | 1,100.20 | 897.30 | 1,309.20 | 1,686.00 | 1,803.80 | 1,805.30 | ||||||||||
Taxes & Other Items | 123.40 | 154.30 | 171.80 | 265.80 | 281.60 | 234.00 | 352.20 | 473.90 | 500.10 | 499.20 | ||||||||||
Net Income | 419.10 | 424.90 | 506.00 | 765.60 | 818.60 | 663.30 | 957.00 | 1,212.10 | 1,303.70 | 1,306.10 | ||||||||||
EPS | 55.88 | 48.10 | 49.57 | 74.16 | 78.51 | 63.30 | 90.89 | 114.86 | 123.41 | 123.50 | ||||||||||
DPS | 14.32 | 11.95 | 16.00 | 21.00 | 21.00 | 22.00 | 35.00 | 45.00 | 50.00 | 80.00 | ||||||||||
Payout ratio | 0.26 | 0.25 | 0.32 | 0.28 | 0.27 | 0.35 | 0.39 | 0.39 | 0.41 | 0.65 |
Company Updates
Investor Presentation
Investor Presentation
Investor Presentation
Annual report
PDFAnnual report
PDFPeers & Comparison
Information TechnologySoftware Services
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
L&T Technology Services Ltd | 44.43 | 10.83 | 0.91% |
Oracle Financial Services Software Ltd | 44.45 | 12.55 | 2.11% |
Persistent Systems Ltd | 74.92 | 16.53 | 0.49% |
Tata Elxsi Ltd | 61.79 | 19.53 | 0.89% |
Price Comparison
Compare LTTS with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 1.05%
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding L&T Technology Services Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
SBI FUNDS MANAGEMENT PVT LTD#SBI MF-SBI MAGNUM MIDCAP FUND DIRECT PL GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.8978% | Percentage of the fund’s portfolio invested in the stock 2.47% | Change in the portfolio weight of the stock over the last 3 months 0.70% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 43/81 (+5) |
SBI Dividend Yield Fund - Direct Plan - Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3141% | Percentage of the fund’s portfolio invested in the stock 1.94% | Change in the portfolio weight of the stock over the last 3 months 0.06% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 17/44 (+3) |
Motilal Oswal Focused Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2697% | Percentage of the fund’s portfolio invested in the stock 7.57% | Change in the portfolio weight of the stock over the last 3 months 0.70% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 11/28 (-4) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Increasing Dividends
LTTS has increased dividends consistently over the last 5 years
Dividend Yield
Current dividend yield is 0.91%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹9.12 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 14, 2024
Dividend/Share
₹33.00
Ex DateEx Date
Jun 14, 2024
Cash Dividend
Ex DateEx DateOct 27, 2023
Dividend/Share
₹17.00
Ex DateEx Date
Oct 27, 2023
Cash Dividend
Ex DateEx DateJul 7, 2023
Dividend/Share
₹30.00
Ex DateEx Date
Jul 7, 2023
Cash Dividend
Ex DateEx DateOct 27, 2022
Dividend/Share
₹15.00
Ex DateEx Date
Oct 27, 2022
Cash Dividend
Ex DateEx DateJul 7, 2022
Dividend/Share
₹15.00
Ex DateEx Date
Jul 7, 2022
L&T Technology Services has earned recognition as a Partner-level supplier for the fourth year in a row in the John Deere Achieving Excellence (AE) Program. The Partner-level status is Deere & Company's highest supplier rating. India headquartered LTTS has been selected for the honor in recognition of its dedication to providing products and services of outstanding quality as well as its commitment to continuous improvement.Powered by Capital Market - Live
L&T Technology Services Ltd is up for a fifth straight session today. The stock is quoting at Rs 5431.4, up 1.03% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.11% on the day, quoting at 24726.7. The Sensex is at 80745.92, down 0.07%. L&T Technology Services Ltd has gained around 8.6% in last one month. Meanwhile, Nifty IT index of which L&T Technology Services Ltd is a constituent, has gained around 4.15% in last one month and is currently quoting at 41572.8, down 0.35% on the day. The volume in the stock stood at 64087 shares today, compared to the daily average of 1.63 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 5446.35, up 1.07% on the day. L&T Technology Services Ltd is up 24.71% in last one year as compared to a 27.48% jump in NIFTY and a 34.05% jump in the Nifty IT index.The PE of the stock is 44.74 based on TTM earnings ending June 24.Powered by Capital Market - Live
L&T Technology Services Ltd is up for a third straight session in a row. The stock is quoting at Rs 5292.2, up 1.63% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.14% on the day, quoting at 24574.45. The Sensex is at 80465.57, up 0.04%. L&T Technology Services Ltd has risen around 5.82% in last one month. Meanwhile, Nifty IT index of which L&T Technology Services Ltd is a constituent, has risen around 3.45% in last one month and is currently quoting at 40878.25, up 0.66% on the day. The volume in the stock stood at 1.33 lakh shares today, compared to the daily average of 1.62 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 5293, up 1.64% on the day. L&T Technology Services Ltd is up 21.81% in last one year as compared to a 26.71% spurt in NIFTY and a 33% spurt in the Nifty IT index.The PE of the stock is 43.33 based on TTM earnings ending June 24.Powered by Capital Market - Live
L&T Technology Services has allotted 8,225 equity shares under ESOS on 17 August 2024. Powered by Capital Market - Live
L&T Technology Services announced it has signed a long term framework agreement with Shell, one of the world's largest energy companies. The multi-year framework agreement will see LTTS providing Integrated Engineering and Procurement Services along with Digital Engineering Services, Data Governance for Capital Projects and Digital Project Management Consultancy for Shell's global assets as necessary. With over two decades of experience in engineering, manufacturing services, digital transformation, and data services, LTTS is positioned well to support Shell on a global scale deploying their unique global delivery model to delivering projects. Powered by Capital Market - Live
Altair (Nasdaq: ALTR), a global leader in computational intelligence, and L&T Technology Services jointly announced the establishment of a digital twin center of excellence (CoE) to accelerate digital transformation. The CoE will deliver cutting-edge digital twin capabilities to joint customers worldwide across mobility, hi-tech, and sustainability segments, enabling premier digital twin solutions for enhanced innovation and efficiency. The CoE will help organizations learn the latest methodologies and technologies in the areas of: ' AI-powered engineering to transform products, systems, and processes ' Innovation labs to simulate new use cases ' Predictive maintenance ' Rapid product development to reduce cycle time for physical prototyping ' Hands-on training LTTS has extensive experience in digital twin technology with multiple CoEs across its design centers. Its Digital Twin for Line Operations enhances performance through virtual commissioning, efficiency monitoring, predictive maintenance, and root cause analysis using real-time and historical data. It supports strategic digital transformations and offers modular implementation and role-based access. Additionally, LTTS has engineered a digital twin with over 54 machine learning algorithms to automate oil rig operations. LTTS has already utilized Altair's leading total digital twin portfolio ' covering solutions from both the Altair' HyperWorks' design and simulation platform and Altair' RapidMiner' data analytics and AI platform ' for multiple diverse use cases, including: ▪ Motor, battery, and gear box systems ▪ Automotive electrical systems ▪ Heart attack and stroke risk prediction ▪ Data-driven automotive production line performance ▪ Data-driven wind power forecasting Altair's one total twin solution combined with the company's domain expertise empowers organizations to become more efficient and deploy digital twin technology when and where they need it ' from preproduction conceptual design through in-service performance. Powered by Capital Market - Live
L&T Technology Services (LTTS) and PS Technology (PST), a wholly owned subsidiary of Union Pacific Railroad, a pioneer in railroad crew training and management, today announced a strategic partnership around Mobility aimed at bringing cutting-edge simulation technology to the railways market in India and adjacent geographies. The companies have signed a Memorandum of Understanding (MoU) to focus on the design, development and supply of advanced AI-based simulation technologies, poised to significantly enhance the operational efficiency and safety of rail infrastructure in India and overseas. As part of the agreement framework, LTTS and PST have established their first Customer Experience and R&D Center (CXC) in Faridabad near New Delhi. This CXC will leverage new technologies around the design and supply of simulators, setting new standards in the railroad sector in India. The center aims to provide unparalleled support and innovation, driving advancements in simulation and training capabilities for the Indian Railways. The collaboration between PST and LTTS will enhance safety and provide real-time insights for modern-day transportation. This new center will simulate real-time data collection, proactive decision making, and improved resource management, establishing superior standards in rail simulation, immersive learning, training, and crew management. By leveraging AI & augmented reality technologies, the center aims to make rail transportation safer, more secure, and faster. Through this partnership, LTTS will bring its considerable domain expertise in the rail engineering segment to assist in the localization and Indianization of PST's technology, ensuring it meets the specific needs of the Indian railways. By integrating PST's simulation technology, the partnership aims to set new standards in operational excellence and safety within the Indian rail sectorPowered by Capital Market - Live
L&T Technology Services Ltd spurts 0.58%, gains for fifth straight session
L&T Technology Services Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 5199.95, up 0.58% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.23% on the day, quoting at 24358.45. The Sensex is at 79940.25, down 0.26%. L&T Technology Services Ltd has risen around 7.31% in last one month. Meanwhile, Nifty IT index of which L&T Technology Services Ltd is a constituent, has risen around 13.43% in last one month and is currently quoting at 40115.05, up 0.12% on the day. The volume in the stock stood at 80465 shares today, compared to the daily average of 2.18 lakh shares in last one month. The benchmark July futures contract for the stock is quoting at Rs 5205.05, up 0.82% on the day. L&T Technology Services Ltd is up 32.22% in last one year as compared to a 23.16% spurt in NIFTY and a 34.77% spurt in the Nifty IT index.The PE of the stock is 43.02 based on TTM earnings ending June 24.Powered by Capital Market - Live
L&T Technology Services partners with SymphonyAI
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 13.2%, vs industry avg of 14.19%
Decreasing Market Share
Over the last 5 years, market share decreased from 16.03% to 15.04%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 11.23%, vs industry avg of 16.27%