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L&T Technology Services Ltd

(LTTS)

₹4828.55.21%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

L&T Technology Services Ltd Analyst Rating

based on 28 analysts

SELL

17.86%

Buy

14.29%

Hold

67.86%

Sell

Based on 28 analysts offering long term price targets for L&T Technology Services Ltd. An average target of ₹5104.93

Source: S&P Global Market Intelligence

L&T Technology Services Ltd Share analysis

L&T Technology Services Ltd price forecast by 28 analysts

Upside of0.21%

High

₹6500

Target

₹5104.93

Low

₹3460

L&T Technology Services Ltd target price ₹5104.93, a slight upside of 0.21% compared to current price of ₹4828.5. According to 28 analysts rating.

Source: S&P Global Market Intelligence

L&T Technology Services Ltd Performance

  • Day's Low

    Day's High

    ₹4,812.05
    Day's Price Range
    ₹5,180
  • 52 Week's Low

    52 Week's High

    ₹4,200
    52-Week Price Range
    ₹6,000
1 Month Return-1.39 %
3 Month Return-7.22 %
1 Year Return-0.87 %
Previous Close₹5,094.05
Open₹5,180.00
Volume2.63L
Upper Circuit-
Lower Circuit-
Market Cap₹54,773.48Cr

L&T Technology Services Ltd Key Statistics

P/E Ratio41.11
PEG Ratio9.58
Market Cap₹54,773.48 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
SELL₹54,773.48 Cr49.34%0.56₹1,306 Cr₹9,647 Cr
BUY₹25,537.66 Cr104.62%0.50₹297 Cr₹1,842 Cr
SELL₹45,034.28 Cr149.12%0.55NANA
BUY₹63,324.86 Cr102.35%0.57₹835 Cr₹9,179 Cr
HOLD₹1,02,054.48 Cr377.98%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: ₹4828.50 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹54,773.48Cr as of today
Revenue: ₹2,572.90Cr as on September 2024 (Q3 24)
Net Profit: ₹320.00Cr as on September 2024 (Q3 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 Secures $50 Million Deal - 05 Dec, 2024

    L&T Technology Services has secured a $50 million multi-year deal with a global network solutions firm to provide product integration services in North America, enhancing support for advanced networking solutions.
  • L&T Technology Services Secures $50 Million Deal - 04 Dec, 2024

    L&T Technology Services has announced a $50 million multi-year agreement with a global network solutions firm to provide product integration services in North America. This partnership aims to leverage AI and automation for seamless deployment, addressing current market demands and preparing for future 5G advancements.
  • LTTS Shows Bullish Momentum with Breakout - 27 Nov, 2024

    L&T Technology Services Ltd (LTTS) has experienced a breakout above Rs5424, supported by increased trading volumes, suggesting a bullish trend with a target of Rs5800.
  • LTTS Shows Bullish Potential with Key Resistance Levels - 25 Nov, 2024

    L&T Technology Services (LTTS) has formed a Bullish Engulfing pattern, indicating potential upward momentum. Sustaining above Rs 5,500 may lead to further gains towards Rs 5,800 or Rs 6,000. However, failure to maintain this level could result in a pullback to Rs 5,255.
  • L&T Technology Services Partners for Smart City Development - 18 Nov, 2024

    L&T Technology Services has formed a strategic collaboration with the Colorado Smart Cities Alliance to drive innovation in smart city projects, focusing on transportation, infrastructure, and energy management.
  • CII Mysuru Annual HR Conclave Scheduled - 14 Nov, 2024

    The CII Mysuru Zone is organizing the Annual HR Conclave 2024 on November 15 at L&T Technology Services Ltd., focusing on new HR mandates and employee engagement.
  • L&T Technology Services Acquires Intelliswift for Growth - 12 Nov, 2024

    L&T Technology Services has announced the acquisition of California-based Intelliswift for $110 million, aiming to enhance its software product development and AI capabilities. This strategic move is expected to deepen market reach and strengthen partnerships with major technology firms.
  • L&T Technology Services Acquires Intelliswift for Growth - 11 Nov, 2024

    L&T Technology Services has signed a definitive agreement to acquire Intelliswift for $110 million, aiming to enhance its software product development and AI capabilities, while expanding its market reach in retail and fintech.

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

    MF Holding Up

    img

    Mutual Funds have increased holdings from 3.61% to 4.32% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 313.6 Cr → 319.6 Cr (in ₹), with an average increase of 1.9% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 2.52K Cr → 2.63K Cr (in ₹), with an average increase of 4.3% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Rail Vikas Nigam Ltd has given 148.8% return, outperforming this stock by 148.8%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 73.69% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Rail Vikas Nigam Ltd has given 1271.7% return, outperforming this stock by 1269.2%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, LTTS stock has moved down by -4.6%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 8.54% to 8.01% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 4.46% to 4.35% in Sep 2024 quarter

News

Cipla's Big Bet on Diabetes Care with Inhalable Insulin

Cipla, Indias third largest drug maker by market share, is taking an audacious bet on this enormous unmet medical need. Recently, the company announced that it has received the government approval to sell Afrezza, an insulin that can be inhaled from the mouth.21 Dec, 2024 01:08 AM

Cipla Faces Over ₹1 Crore Penalty by GST Authority

Pharma major Cipla Ltd on Friday (December 20, 2024) said a fine of over ₹1 crore has been imposed on the company by GST authority for alleged inadmissible credit claim. The company has received an order dated December 18, 2024 passed by the GST authority, imposing a penalty of ₹1,11,94,324 under applicable provisions of the Central Goods and Services Tax Act, 2017, Cipla said in a regulatory filing. The order has been passed by GST Authority on the contention that the company has availed inadmissible TRAN-1 credit. The GST Authority has ordered for recovery of the same along with applicable interest and penalty, it added. Cipla said based on assessment of facts and prevailing law, it is of the view that the penalty levied is arbitrary and unjustified. The company will file necessary appeals with the appellate authority in this regard. There is no material impact on the companys financials or operations due to the said order, it added.20 Dec, 2024 09:51 PM

Large Cap Fund Revival: Aditya Birla Sun Life Frontline Equity Fund

The fund has managed to zero in on the winners and increased weightage of those firms in the portfolio. So, ICICI Bank, HCL Technologies, Mahindra & Mahindra, Tata Motors, Sun Pharma and Cipla were preferred a bit more over others in the portfolio.20 Dec, 2024 09:18 PM
View More

L&T Technology Services Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹2,386.50Cr (-)₹2,421.80Cr (↑1.48%)₹2,537.50Cr (↑4.78%)₹2,461.90Cr (↓2.98%)₹2,572.90Cr (↑4.51%)
Net Income₹315.90Cr (-)₹336.80Cr (↑6.62%)₹341.40Cr (↑1.37%)₹313.90Cr (↓8.06%)₹320.00Cr (↑1.94%)
Net Profit Margin13.24% (-)13.91% (↑5.06%)13.45% (↓3.31%)12.75% (↓5.20%)12.44% (↓2.43%)
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

₹21,050.60

-2.41 (-520.7%)

BSE IT Sector

₹43,608.13

-2.51 (-1123.25%)

S&P BSE Quality

₹1,783.85

-1.83 (-33.34%)

BSE 200

₹10,905.86

-1.89 (-210.17%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

BSE Mid-Cap

₹46,226.50

-2.43 (-1152.75%)

NIFTY IT

₹43,771.05

-2.63 (-1183.1%)

S&P BSE 250 LargeMidCap

₹10,353.28

-1.89 (-199.23%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

S&P BSE 400 MidSmallCap

₹12,101.72

-2.24 (-276.79%)

Nifty LargeMidcap 250

₹15,666.00

-2.09 (-334.75%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE 150 MidCap

₹15,862.89

-2.35 (-381.58%)

Nifty MidSmallcap 400

₹19,899.40

-2.27 (-461.95%)

L&T Technology Services Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.69%
-0.01
Foreign Institutions
4.35%
-2.59
Mutual Funds
4.32%
19.68
Retail Investors
8.01%
-6.25
Others
9.64%
-0.58

L&T Technology Services Ltd Key Indicators

Details20202021202220232024
Return On Equity %31.2522.5925.0928.1827.19
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

L&T Technology Services Ltd Valuation

L&T Technology Services Ltd in the last 5 years

  • Overview

  • Trends

Lowest (13.16x)

March 23, 2020

Today (41.11x)

December 19, 2024

Industry (41.76x)

December 19, 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 1.33% since last year same period to ₹319.60Cr in the Q2 2024-2025. On a quarterly growth basis, L&T Technology Services Ltd has generated 1.91% jump in its net profits since last 3-months.

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

    In the quarter ending September 2024, L&T Technology Services Ltd has declared dividend of ₹17 - translating a dividend yield of 1.39%.

    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 ₹4828.5

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 ₹5180.
  • Today’s lowest price of L&T Technology Services Ltd is ₹4812.05.

PE Ratio of L&T Technology Services Ltd is 41.11

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 2.63L.

Today’s market capitalisation of L&T Technology Services Ltd(LTTS) is ₹54773.48Cr.

L&T Technology Services Ltd(LTTSPrice
52 Week High
₹6000
52 Week Low
₹4200

L&T Technology Services Ltd(LTTS) share price is ₹4828.5. It is down -19.53% from its 52 Week High price of ₹6000

L&T Technology Services Ltd(LTTS) share price is ₹4828.5. It is up 14.96% from its 52 Week Low price of ₹4200

L&T Technology Services Ltd(LTTSReturns
1 Day Returns
-265.55%
1 Month Returns
-1.39%
3 Month Returns
-7.22%
1 Year Returns
-0.87%