LTTS
Internet Software & ServicesL&T Technology Services Limited
It was incorporated as L&T Technology and Engineering Services Company Limited as of June 14, 2012, at Mumbai as a public limited company under the Companies Act, 1956. It also received the certificate of commencement of business on June 20, 2012. Subsequently, the company name was changed to L&T Technology Services Limited according to a special resolution passed by shareholders during the EGM held on July 19, 2012. As the engineering services business of the Company is sub-set of technology services, the company name was changed to L&T Technology Services Limited to a much more appropriate title describing the business in line with the company’s main objects. According to the name change, a fresh certificate of incorporation was being issued to the Company by the RoC as of July 25, 2012. Also, as of the date of this Red Herring Prospectus, it has about seven shareholders including six individuals who hold Equity Shares jointly with the Promoter as nominees.
2013: The incorporation of the company took place.
2014: It also acquired the PES Business (except the unit in Germany) from LTIL.
It acquired the unit of PES Business in Germany from L&T Infotech GmbH.
It acquired the engineering services division of Dell, India.
It acquired the engineering services division of Dell, USA through the wholly-owned subsidiary, LTTS LLC.
- Trades at a P/E of 41.5, with a return on equity (ROE) of 26.4%.
- LTTS is trading above 2 of 5 of its key moving averages (10/20/50/100/200-DMA) — a bearish technical setup.
- Year-to-date it is down 18.57%, and down 21.61% over the past year.
- At ₹3,530.60 it sits about 30% of the way up its 52-week range (₹3,010.00–₹4,726.00).
- Offers a dividend yield of 0.98%.
- Market capitalisation stands at ₹37,351 Cr.
Shareholding data syncs daily.
| Year | Revenue | Net Profit | EPS | NPM |
|---|---|---|---|---|
| Mar 2023 | ₹7,108 Cr | ₹1,110 Cr | ₹105.14 | 15.62% |
| Mar 2022 | ₹5,874 Cr | ₹918 Cr | ₹87.04 | 15.63% |
| Mar 2021 | ₹5,450 Cr | ₹663 Cr | ₹63.14 | 12.17% |
| Mar 2021 | ₹5,450 Cr | ₹663 Cr | ₹63.14 | 12.17% |
| Mar 2020 | ₹5,619 Cr | ₹819 Cr | ₹78.33 | 14.58% |
| Mar 2020 | ₹5,619 Cr | ₹819 Cr | ₹78.33 | 14.58% |
| Mar 2019 | ₹5,078 Cr | ₹766 Cr | ₹73.62 | 15.08% |
| Mar 2019 | ₹5,078 Cr | ₹766 Cr | ₹73.62 | 15.08% |
| Mar 2018 | ₹3,747 Cr | ₹506 Cr | ₹49.37 | 13.5% |
| Mar 2017 | ₹3,248 Cr | ₹425 Cr | ₹41.86 | 13.08% |
| Mar 2016 | ₹3,066 Cr | ₹419 Cr | ₹55.88 | 13.67% |
| Mar 2015 | ₹2,619 Cr | ₹311 Cr | ₹7.06 | 11.87% |
| Date | Client | Type | Qty | Price |
|---|---|---|---|---|
| 16 Sept 2021 | GOLDMAN SACHS ASSET MANAGEMENT LLC A/C GOLDMAN SACHS INDIA FUND LIMITED | SALE | 4,12,348 | ₹4,573.20 |
| 16 Sept 2021 | GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY PORTFOLIO | PURCHASE | 4,12,348 | ₹4,573.20 |
| 07 Jul 2021 | SEI TRUST COMPANY AS TRUSTEE OBO WASATCH EMERGING MARKETS SMALL CAP CIT | PURCHASE | 48,632 | ₹2,901.30 |
| 07 Jul 2021 | WASATCH ADVISORS INC. A/C WASATCH EMERGING MARKETS SMALL CAP CIT | SALE | 48,632 | ₹2,901.30 |
Fundamentals, financials & technicals sourced from niftytrader.in, cached and refreshed periodically.