L&T Technology Services Ltd.
Snapshot View

View in App

Prices View details

3451.50 +133.65 ▲4.0%

27 May 2022, 04:01:00 PM
Volume: 17,939

Overview View Details

Sector Information Technology Compare with Sector peers
Industry IT - Software Compare with Industry peers
Website
Market Cap 36,426.24 Cr.
Enterprise Value(EV) 35,752.04 Cr. 2022-03
Financial Indicators
Earnings per share (EPS) 90.68 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 38.06 Trailing Twelve Months Ending 2022-03
Industry PE 27.17 Trailing Twelve Months Ending 2022-03
Book Value / Share 394.41 Trailing Twelve Months Ending 2022-03
Price to Book Value 8.75 Calculated using Price: 3,451.50
Dividend Yield 1.01 Period Ending 2021-03
No. of Shares Subscribed 10.55 Cr. 105,537,427 Shares
FaceValue 2
Company Profile

L&T Technology Services Limited (LTTS) is a global leader in Engineering and R&D (ER&D) services. With many patents filed for 53 of the Global Top 100 ER&D spenders, LTTS lives and breathes engineering. Its innovations speak for themselves - World’s 1st Autonomous Welding Robot, Solar ‘Connectivity’ Drone, and the Smartest Campus in the World, to name a few.

LTTS’ expertise in engineering design, product development, smart manufacturing, and digitalization touches every area of human lives - from the moment one wakes up till the time one goes to bed. With various Innovation and R&D design centers globally, it specialize in disruptive technology spaces such as 5G, Artificial Intelligence, Collaborative Robots, Digital Factory, and Autonomous Transport. LTTS is a publicly listed subsidiary of Larsen & Toubro Limited.

Business area of the company

L&T Technology Services Limited is a leading global pure-play Engineering Research and Development (ER&D) services company. ER&D services are a set of services provided to manufacturing, technology and process engineering companies, to help them develop and build products, processes and infrastructure required to deliver products and services to their end customers.

Products and services offered by the company

Industry

  • Transportation
  • Industrial Products
  • Plant Engineering
  • Semiconductors
  • Media & Entertainment
  • Consumer Electronics
  • Healthcare
  • Telecommunications
  • Oil & Gas
  • Software Products

Services

  • Products
  • Manufacturing
  • Operations
  • Consultancy

Awards

  • LTTS wins Businessworld magazine’s 3rd HR Excellence Awards 2017
  • Rated as one of the most Innovative Indian company for FY2017
  • LTTS wins NASSCOM Digital Skills Awards 2017, for transformation program for digital re-skilling.
  • Best CSR Practice Award 2018 by the UBS Forums
  • PTC recognizes LTTS with the Global System Integration (GSI) partner award 2018
  • LTTS was awarded Silver for being the Most Exemplary Employer (COVID-19 response category) in the 17th Stevie International Business Awards.
  • L&T Technology Services was awarded Silver for Most Innovative Workplace Redesign (COVID-19 response category) at the 5th Stevie Great Employers Awards.
  • Brandon Hall's HCM Excellence Awards 2020 awarded LTTS’ North American Talent Acquisition team with the Bronze Award for Excellence in Best Advance in Talent Acquisition Process.
  • L&T Technology Services was honored with the Mahatma Award 2019 for CSR excellence in Integrated Water Management Project.
  • L&T Technology Services has been awarded Silver for Most Innovative Tech Company of the year at the 17th Stevie International Business Awards.
  • 2018 IoT Platforms Leadership Award by IoT Evolution Magazine for Integrated MCare
  • NASSCOM Artificial Intelligence Game Changer Awards 2018 for AIKno framework
  • Golden Peacock Innovative Product & Service Award 2018 for iBEMS framework
  • L&T Technology Services adjudged as the Gold Winner of the Stevie Award for Best Employer of the Year 2019.
  • Global Innovation & Technology Alliance (GITA) felicitated L&T Technology Services for its Robotic Endo-training Kit.
  • L&T Technology Services’ AiKno Solution awarded Frost & Sullivan’s 2019 Indian Cognitive Automation Technology Innovation Leadership Award.
  • L&T Technology Services honored with The BML Munjal Awards for Business Excellence through Learning & Development in the Private services category.
  • Indo-American Chamber of Commerce (IACC) honored L&T Technology Services’ with the Best Company of the Year Award.
  • Confederation of Indian Industry (CII) recognized L&T Technology Services as one of the most innovative Indian companies in the ‘Services category’ in the ‘Large Enterprises’ segment
  • Indo-American Chamber of Commerce further honored L&T Technology Services’ green innovation by awarding the company with the ‘Green Office Space of the Year.’
  • EMC Transformation Award & Dataquest Business Technology award in the Analytics category
  • LTTS has been honoured with the award for Best Company for Excellence & Innovation in Digital Engineering Services by Dataquest
  • L&T Technology Services was awarded as the Gold Winner for Brandon Hall Excellence award for Rewards & Recognitions in North America
  • L&T Technology Services stands 11th in Dalal Street Investment Journal’s Super 50 rankings
  • Honda conferred LTTS with the ‘Performance Excellence Award’ for exceeding performance standards including quality, cost and service
  • Continental Honors L&T Technology Services with Supplier of the Year Award
  • Innovation Award from Daimler
  • Global Engineering Productivity Improvement Award & Gold Supplier awarded by UTC
  • L&T Technology Services has been awarded Silver for Best Workplace Practices at the inaugural edition of Financial Express BrandWagon Ace Awards 2020
  • Recognized as one of the ‘Most Admired Brands’ in Indian ICT Industry for the year 2020 by VARINDIA

Major events and milestones

2013

  • Incorporation of L&T Technology Services
  • L&T Partners with Bayer for efficient CapEx execution
  • L&T IES Announces Consulting and Systems Integrator Alliance Agreement with Siemens PLM Software in North America
  • Mixel and GDA Technologies Partner to Deliver a Complete UFS MIPI Solution
  • Calsonic Kansei and L&T IES partner to set up an Offshore Development Centre in Chennai
  • Takata and L&T Technology Services Establish Global Engineering Service Center in India
  • Larsen & Toubro and AVEVA sign Teaming Agreement

2014

  • The Company acquired the PES Business (except the unit in Germany) from LTIL.
  • L&T Technology Services and Tele2 announce strategic M2M/IoT partnership for the transportation industry
  • L&T Technology Services forms a Joint Venture with Thales to strengthen Avionics Business
  • L&T Technology Services and Proximetry collaborate to enable Smart Grid Applications for the Internet of Things (IoT)

2015

  • The Company acquired the unit of PES Business in Germany from L&T Infotech GmbH.
  • The Company acquired the IES Business from L&T.
  • The Company acquired 74.0% stake in TSIPL.
  • The Company acquired the engineering services division of Dell, India.
  • The Company acquired the engineering services division of Dell, USA through the wholly owned subsidiary, LTTS LLC.
  • L&T Technology Services rated as a leader in Eleven Categories by Zinnov in GSPR 2015
  • L&T Technology Services and Cisco launch Global Internet of Things (IoT) Solutions Centre
  • L&T Technology Services and Cisco launch Global Internet of Things (IoT) Solutions Centre
  • Infor Further Expands Partner Network in India with L&T Technology Services
  • Launch of Solutions for Smart Cities at Hannover Messe
  • L&T Technology Services and Cargill sign a 3 year master Service Agreement for expanding into new service areas and new geographies
  • L&T Technology Services and ThingWorx Partner for Internet of Things Applications
  • L&T Technology Services Joins Intel® Network Builders Program

2016

  • L&T Technology Services inks multi-million dollar contract with global semiconductor firm.
  • L&T Technology Services, CeNSE, IISc join hands for innovation in Nanotechnology and Sensors.
  • L&T Technology Services launches new Center of Excellence in U S dedicated to Digital Engineering
  • Indo-American Chamber of Commerce has conferred L&T Technology Services with the Company of the Year Award.
  • NASSCOM launched India’s first Centre of Excellence - Internet of Things (CoE- IoT) in Bengaluru, with L&T Technology Services as a strategic partner
  • Zinnov rates L&T Technology Services Limited in the Leadership Zone across 10 verticals in Zinnov Zones 2016 Product Engineering Services
  • L&T Technology Services announce Digital Engineering Transformation partnership with Azure-led Industry solutions.
  • L&T Technology Services launches new Center of Excellence in U.S dedicated to Digital Engineering
  • L&T Technology Services partners with Redknee to deliver IoT architecture for enterprises in transport, energy and insurance
  • L&T Technology Services wins coveted Dataquest Business Technology Award
  • L&T Technology Services and Danaher Corporation celebrate a decade of strong partnership in Engineering
  • Anapass achieves First-time Success with MIPI DSI Total solution from L&T Technology Services
  • L&T Technology Services recognized as “ACE Supplier Gold” by UTC; also wins productivity award
  • Calsonic Kansei and L&T Technology Services deepen 4 year partnership, inaugurate state of the art Material Test Centre in Chennai
  • L&T Technology Services, Canada’s eCamion and Ryerson University, and India’s Anna University Join Hands for Unique Community Energy Storage Project

2017

  • L&T Technology Services wins Smart City & Campus project
  • L&T Technology Services conferred with Prestigious Golden Peacock National Quality Award
  • L&T Technology Services unveils new delivery center for leading German Original Equipment Manufacturer (OEM) in Munich, Germany
  • L&T Technology Services Limited & UTC Commercial Businesses Establish Innovation Lab for Intelligent Buildings, Connected Homes and Cold Chain Logistics
  • L&T Technology Services and Dell EMC join hands to roll-out modular smart building solutions to create the ‘digital market of one’
  • L&T Technology Services Limited (LTTS) announces completion of Esencia acquisition
  • L&T Technology Services conferred with World Quality Congress Award for Quality Excellence in Planning, Processes & Systems
  • L&T Technology Services Collaborating with Wind River for Intelligent Systems

2018

  • L&T Technology Services unveils Digital Engineering Centre in Gothenburg, Sweden
  • L&T Technology Services announces completion of Graphene Semiconductor Services acquisition
  • L&T Technology Services (LTTS) wins USD 40 million Engineering Content Management (ECM) Deal in Europe
  • L&T Technology Services launches new NB-IoT Protocol Stack IP, collaborates with Cadence to facilitate smart connectivity

2019

  • L&T Technology Services inaugurates Aerospace & Defense Engineering Design Center in Rockford, Illinois
  • L&T Technology Services Ltd develops the world’s first cost-effective Robotic Endo-training Kit
  • L&T Technology Services Completes CWIP Certification Program for Widevine DRM solutions
  • L&T Technology Services partners with Zodiac Systems for Advanced Set-Top Box Solutions
  • United Technologies selects L&T Technology Services as a strategic partner for Collins Aerospace
  • L&T Technology Services establishes its presence in Hi-Tech campus, Eindhoven to enhance customer centricity in the Netherlands
  • L&T Technology Services and Kudelski Group Join Forces to Deliver Simple and Secure Industrial and Automotive IoT Solutions
  • LTTS unveils Factory D.0 - its one-stop solution for factories of the future

2020

  • L&T Technology Services Selected to Support Tenneco DRiV Ride Performance Division
  • L&T Technology Services expands collaboration with Microsoft to offer eco-friendly solutions for workplace transformation
  • L&T Technology Services Joins SRT Alliance and Is Recognized as SRT Ready Partner
  • LTTS Launches Industry4.NOW to Help Global Manufacturers Scale Their Digital Initiatives
  • L&T Technology Services joins Qualcomm Smart Cities Accelerator Program to provide Smart City solutions to OEMs and System Integrators

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+4.03%
1 Week
-2.30%
1 Month
-14.26%
3 Month
-21.93%
6 Month
-34.58%
1 Year
+27.12%
2 Year
+207.52%
5 Year
+362.67%
10 Year

Ratios View Details

7 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 102.98 135.42 48.00 30.36 35.51 31.77 21.58
Return on Capital Employed (%) 29.55 43.04 40.81 37.85 45.36 42.51 30.06
Return on Assets (%) 17.50 22.34 20.39 20.77 25.49 21.57 14.27

Balance Sheet View Details

Particulars 8 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 1,052 1,066 1,486 1,936 2,479 2,769 3,473 4,163
Non Curr. Liab. -30 -106 -32 -23 7 458 485 522
Curr. Liab. 755 1,010 747 764 863 1,039 1,098 1,379
Minority Int. -1 0 0 3 7 10 14
Equity & Liab. 1,778 1,969 2,199 2,678 3,352 4,272 5,066 6,077
Non Curr. Assets 642 671 760 817 980 1,362 1,564 1,752
Curr. Assets 1,136 1,298 1,440 1,861 2,372 2,910 3,503 4,325
Misc. Exp. not W/O
Total Assets 1,778 1,969 2,199 2,678 3,352 4,272 5,066 6,077

Profit Loss View Details

Particulars 8 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Net Sales 2,619 3,066 3,248 3,747 5,078 5,619 5,450 6,570
Other Income 25 85 79 206 223 211 194 152
Total Income 2,644 3,151 3,328 3,953 5,301 5,830 5,644 6,722
Total Expenditure -2,220 -2,547 -2,684 -3,184 -4,164 -4,511 -4,483 -5,155
PBIDT 424 604 644 769 1,138 1,320 1,161 1,567
Interest -3 -3 -2 -2 -2 -37 -46 -44
Depreciation -48 -59 -63 -89 -104 -183 -218 -214
Taxation -61 -124 -154 -171 -263 -278 -231 -349
Exceptional Items
PAT 311 419 425 507 768 822 667 961
Minority Interest 0 1 0 -1 -3 -4 -3 -4
Share Associate
Other Related Items
Consolidated Net Profit 311 419 425 506 766 819 663 957
Adjusted EPS 34 56 42 49 74 78 63 91

Cash Flow View Details

Particulars 6 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 528 388 409 806 638 1,327
Cash Fr. Inv. -176 -178 -196 -509 -222 -1,005
Cash Fr. Finan. -383 -222 -132 -245 -406 -363
Net Change -32 -12 81 52 10 -41
Cash & Cash Eqvt 83 71 152 203 213 173

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 74.62 74.60 74.36 74.27 74.24 74.23 74.15 73.93 73.90
Public 25.38 25.40 25.64 25.73 25.76 25.77 25.85 26.07 26.10
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 25 May 2022
Compliances-Reg.24(A)-Annual Secretarial Compliance
Pursuant to SEBI Circular CIR/CFD/CMD1/27/2019 dated February 8 2019 we are submitting herewith the Annual Secretarial Compliance Report 2021-22.Please take the same on record.
Thu, 12 May 2022
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1 Name of Company L&T Technology Services Ltd
2 CIN NO. L72900MH2012PLC232169
3 Report filed for FY 2021-2022
Details of the Current block (all figures in Rs crore):
4 2 - year block period (Specify financial years)* NIL
5 Incremental borrowing done in FY (T)(a) 0.00
6 Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a) 0.00
7 Actual borrowing done through debt securities in FY (T)(c) 0.00
8 Shortfall in the borrowing through debt securities if any for FY (T - 1) carried forward to FY (T) (d) NA
8Quantum of (d) which has been met from (c)(e)* NIL
9 Shortfall if any in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative write nil}* NIL


Details of penalty to be paid if any in respect to previous block (all figures in Rs crore):
2 - year Block period (Specify financial years)NIL
Amount of fine to be paid for the block if applicable Fine = 0.2% of {(d) - (e)}#0.00



Name of the Company Secretary :-Prajakta Powle
Designation :-Company Secretary and Compliance Officer
Name of the Chief Financial Officer :- Rajeev Gupta
Designation : -Chief Financial Officer

Date: 12/05/2022
Thu, 05 May 2022
Submission To The Exchange Pursuant To Regulation 23(9) Of The SEBI (Listing Obligation And Disclosure Requirement) Regulations 2015
Pursuant to Regulation 23(9) of the SEBI (Listing Obligation and Disclosure Requirement) Regulations 2015 we attach herewith the disclosure of related party transactions for the half year ended March 31 2022.

Technical Scans View Details

Fri, 27 May 2022
Opening at Low Opening at Low
Closing Above Previous High Closing Above Previous High
High Decrease 1 Month High Decrease 1 Month
High Decrease 3 Months High Decrease 3 Months
High Decrease 6 Months High Decrease 6 Months

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Tata Consultancy Services Ltd. 1,193,655.74 3,262.20 +1.0%
Infosys Ltd. 614,644.50 1,460.85 +2.6%
HCL Technologies Ltd. 272,424.84 1,003.90 +2.3%
Wipro Ltd. 255,995.31 466.95 +3.0%
Tech Mahindra Ltd. 109,229.06 1,123.55 +4.1%
Larsen & Toubro Infotech Ltd. 70,125.18 4,000.15 +3.4%
FSN E-Commerce Ventures Ltd. 64,103.04 1,351.80 -0.9%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Tata Consultancy Services Ltd. Consolidated 2022-03 31.14 3,262.20 +1.0%
Infosys Ltd. Consolidated 2022-03 27.80 1,460.85 +2.6%
HCL Technologies Ltd. Consolidated 2022-03 20.18 1,003.90 +2.3%
Wipro Ltd. Consolidated 2022-03 20.95 466.95 +3.0%
Tech Mahindra Ltd. Consolidated 2022-03 19.62 1,123.55 +4.1%
Larsen & Toubro Infotech Ltd. Consolidated 2022-03 30.53 4,000.15 +3.4%
FSN E-Commerce Ventures Ltd. Consolidated 2021-03 0.00 1,351.80 -0.9%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Tata Consultancy Services Ltd. Consolidated 2022-03 13.46 3,262.20 +1.0%
Infosys Ltd. Consolidated 2022-03 8.22 1,460.85 +2.6%
HCL Technologies Ltd. Consolidated 2022-03 4.40 1,003.90 +2.3%
Wipro Ltd. Consolidated 2022-03 3.92 466.95 +3.0%
Tech Mahindra Ltd. Consolidated 2022-03 4.06 1,123.55 +4.1%
Larsen & Toubro Infotech Ltd. Consolidated 2022-03 7.95 4,000.15 +3.4%
FSN E-Commerce Ventures Ltd. Consolidated 2021-03 10.68 1,351.80 -0.9%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Tata Consultancy Services Ltd. Consolidated 2022-03 0.00 3,262.20 +1.0%
Infosys Ltd. Consolidated 2022-03 0.00 1,460.85 +2.6%
HCL Technologies Ltd. Consolidated 2021-03 0.07 1,003.90 +2.3%
Wipro Ltd. Consolidated 2022-03 0.23 466.95 +3.0%
Tech Mahindra Ltd. Consolidated 2021-03 0.07 1,123.55 +4.1%
Larsen & Toubro Infotech Ltd. Consolidated 2021-03 0.01 4,000.15 +3.4%
FSN E-Commerce Ventures Ltd. Consolidated 2021-03 0.39 1,351.80 -0.9%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Tata Consultancy Services Ltd. Consolidated 2022-03 44.13 3,262.20 +1.0%
Infosys Ltd. Consolidated 2022-03 29.39 1,460.85 +2.6%
HCL Technologies Ltd. Consolidated 2021-03 20.09 1,003.90 +2.3%
Wipro Ltd. Consolidated 2022-03 20.40 466.95 +3.0%
Tech Mahindra Ltd. Consolidated 2021-03 19.01 1,123.55 +4.1%
Larsen & Toubro Infotech Ltd. Consolidated 2021-03 30.79 4,000.15 +3.4%
FSN E-Commerce Ventures Ltd. Consolidated 2021-03 15.56 1,351.80 -0.9%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Tata Consultancy Services Ltd. Consolidated 2022-03 44.13 3,262.20 +1.0%
Infosys Ltd. Consolidated 2022-03 29.39 1,460.85 +2.6%
HCL Technologies Ltd. Consolidated 2021-03 20.09 1,003.90 +2.3%
Wipro Ltd. Consolidated 2022-03 20.40 466.95 +3.0%
Tech Mahindra Ltd. Consolidated 2021-03 19.01 1,123.55 +4.1%
Larsen & Toubro Infotech Ltd. Consolidated 2021-03 30.79 4,000.15 +3.4%
FSN E-Commerce Ventures Ltd. Consolidated 2021-03 15.56 1,351.80 -0.9%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Tata Consultancy Services Ltd. Consolidated 2022-03 191,754.00 3,262.20 +1.0%
Infosys Ltd. Consolidated 2022-03 121,641.00 1,460.85 +2.6%
HCL Technologies Ltd. Consolidated 2021-03 75,379.00 1,003.90 +2.3%
Wipro Ltd. Consolidated 2022-03 79,312.00 466.95 +3.0%
Tech Mahindra Ltd. Consolidated 2021-03 37,855.10 1,123.55 +4.1%
Larsen & Toubro Infotech Ltd. Consolidated 2021-03 12,369.80 4,000.15 +3.4%
FSN E-Commerce Ventures Ltd. Consolidated 2021-03 2,440.89 1,351.80 -0.9%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Tata Consultancy Services Ltd. Consolidated 2022-03 38,449.00 3,262.20 +1.0%
Infosys Ltd. Consolidated 2022-03 22,146.00 1,460.85 +2.6%
HCL Technologies Ltd. Consolidated 2021-03 11,169.00 1,003.90 +2.3%
Wipro Ltd. Consolidated 2022-03 12,227.20 466.95 +3.0%
Tech Mahindra Ltd. Consolidated 2021-03 4,351.80 1,123.55 +4.1%
Larsen & Toubro Infotech Ltd. Consolidated 2021-03 1,938.20 4,000.15 +3.4%
FSN E-Commerce Ventures Ltd. Consolidated 2021-03 61.65 1,351.80 -0.9%