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L&T Technology Services Ltd share Price Today

Company details

5,167.55
5,230.00
3,921.60
5,873.35
6M Return -3.19%
1Y Return 31.20%
Mkt Cap.(Cr) 55,179.77
Volume 120,576
Div Yield 0.96%
OI
-
OI Chg %
-
Volume 120,576

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IT Consulting & Software company L&T Technology Services announced Q1FY25 results:

Financial Highlights:

  • Revenue at Rs 24,619 million; growth of 7% YoY
  • USD Revenue at USD 295 million; growth of 6% YoY in constant currency
  • EBIT margin at 15.6%
  • Net profit at Rs 3,136 million; growth of 0.8% YoY 

Amit Chadha, CEO & Managing Director, L&T Technology Services, said: “We are making good progress with our ‘Go Deeper to Scale’ strategy and the simplification of our organization structure into three main segments. Mobility grew by 6% sequentially driven by our differentiated presence across EV, SDV and connected car technology that helped us win one USD 30 Million deal and two USD 15 Million deals during the quarter. In Hi-Tech and Sustainability, our new strategy is driving a significant increase in the pipeline and large deal discussions that makes us confident of a pickup in growth momentum.

In AI, we are accelerating our investments and innovation focus leading to a total of 61 patents being filed so far. We are starting to win AI led deals on the back of our solutions in in Gen AI across Asset Health, software development and digital assistants.

With phase one of our reorganization and related investments in technology and leadership complete, we are reassured of our performance for the rest of the year and reaffirm our aspirations to reach USD 1.5 Billion in annualized revenues.”

Result PDF

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L&T Technology Services Ltd shares SWOT Analysis

Strengths (8)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
  • Company with No Debt

Weakness (0)

Data not found

Opportunity (1)

  • RSI indicating price strength

Threats (4)

  • Promoter decreasing their shareholding
  • Companies with growing costs YoY for long term projects
  • High PE (PE > 40)

Resistance and support

R1 5,240.2
R2 5,266.3
R3 5,302.6
Pivot

5,203.87

S1 5,177.7
S2 5,141.4
S3 5,115.3
EMA SMA
5,021.5
4,947.2
4,955.6
4,864.4
5,035.7
4,831.6
5,001.9
4,983.1
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
ISHARES CORE MSCI TOTAL INTERNATIONAL STOCK ETF Block Purchase 2022-05-04 3943.8 49150 BSE
ISHARES CORE TOTAL INTERNATIONAL STOCK MAURITIUS CO Block Sell 2022-05-04 3943.8 49150 BSE
GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY PORTFOLIO Block Purchase 2021-09-16 4573.2 412348 BSE
Name Category Shares
LARSEN AND TOUBRO LIMITED PROMOTER 73.69%

FINANCIALS

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Operating Profit
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L&T Technology Services Ltd Stocks COMPARISON

Financials( in Cr) L&T Technology Services Ltd Tata Consultancy Services Ltd Infosys Ltd HCL Technologies Ltd Wipro Ltd
Price 5,214.05 4,387.85 1,878.90 1,635.35 524.80
% Change 0.32 1.51 2.96 3.01 3.54
Mcap Cr 55,179.77 1,587,562.74 780,124.54 443,779.21 274,479.01
Revenue TTM Cr 9,647.30 240,893.00 153,670.00 109,913.00 89,760.30
Net Profit TTM Cr 1,306.30 46,099.00 26,248.00 15,710.00 11,112.10
PE TTM 42.34 33.36 29.26 27.00 24.57
1 Year Return 31.20 29.09 40.78 47.12 31.07
ROCE 34.01 62.85 44.74 28.63 16.38
ROE 26.76 51.04 37.12 23.51 14.60
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 5,327.10 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 3,555.27 41,445.87
LAST 3M 81,242.17 56,953.52
LAST 6M 176,360.83 56,552.99
LAST 12M 304,497.96 86,223.40
L&T Technology Services Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Jul 24, 2024 l NSE Announcement

L&T Technology Services partners with SymphonyAI

Jul 23, 2024 l BSE Announcement

Date Action Type Ratio
Jun 14, 2024 Dividend 1650
Oct 27, 2023 Dividend 850
Jul 07, 2023 Dividend 1500

L&T Technology Services Ltd Information

Stock PE (TTM)
42.34
Promoter Holding
73.69%
Book Value
503.364
ROCE
34.01%
ROE
26.76%
Description
  • L&T Technology Services (LTTS) is an engineering services company with a market capitalization of INR 40,173.80 Crores as of 18th August ‘2021. On 14th June ‘2021, this company was incorporated as L&T Technology and Engineering Services Company Limited as a public limited company. Further, it had been changed to L&T Technology Services Limited to more appropriately describe its business and obtain it in line with the company’s main objects. The Bombay Stock Exchange (BSE) and National Stock Exchange have assigned the number 540115 and scrip code LTTS. As of 16th August ‘2021, L&T Technology Services (LTTS) is trading at INR 3,675.05.

    L&T Technology Services Limited provides engineering, research, and development (ER&D) services, including product design, analysis, prototyping and testing, embedded system design, manufacturing engineering, plant, and construction engineering, asset information management, and engineering process support. The company has 50 locations in India where business activity is undertaken. It also has 31 international locations for carrying on business activity. As of 31st March 2021, the company has 40,527 employees, out of which 3,149 are women employees. There are approx. 320,299 contractual employees in the company. In 2020, L&T Technology Services (LTTS) had been conferred with Business Standard Social Excellence Award 2019, FICCI Corporate Social Responsibility Award, etc. L&T is one among the first few organizations in India to voluntarily set targets aligned with the company’s 5-year Strategic Plan LAKSHYA 2021. LTTS lives and breathes engineering with 719 patents filed for 57 of the Global Top 100 ER&D spenders.

    As of 30th June ‘2021, the company has a total of 10.50 Crores shares outstanding. For the quarter ended 30th June ‘2021, the company has reported a Consolidated Total Revenue of INR 1562 Crores, up 5.90 % from last quarter’s Total Income of INR 1440 Crores. In addition, the company has reported net profit after tax of INR 217 Crores for the quarter ended 30th June ‘2021 from INR 195 Crores of last quarter, which shows an increment of 11.28%. L&T Technology Services Limited's stock closed at 3675.05 on 16th August ‘2021 (NSE) and has returned 131.86% (approx.) in the last 12 months.

Registered Address

L&T House N M Marg, Ballard Estate, Mumbai, Maharashtra, 400001

Tel : 91-22-67525656
Email : investor:ltts.com
Website : http://www.LTTS.com
Registrar

KFin Techologies Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 540115
NSE Code : LTTS
Book Closure Date (Month) :
BSE Group : A
ISIN : INE010V01017

FAQ’s on L&T Technology Services Ltd Shares

You can buy L&T Technology Services Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy L&T Technology Services Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jul 26, 2024 03:56 PM the closing price of L&T Technology Services Ltd was Rs.5,214.05.

The latest PE ratio of L&T Technology Services Ltd as of Jul 26, 2024 03:56 PM is 42.34

The latest PB ratio of L&T Technology Services Ltd as of Jul 26, 2024 03:56 PM is 0.10

The 52-week high of L&T Technology Services Ltd share price is Rs. 5,873.35 while the 52-week low is Rs. 3,921.60

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jul 26, 2024 03:56 PM, the market cap of L&T Technology Services Ltd stood at Rs. 55,179.77 Cr.

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