L&T Technology Services

Market Cap (₹ Cr.)

₹59,959

52 Week High

6,000.00

Book Value

₹503

52 Week Low

4,111.00

PE Ratio

45.91

PB Ratio

11.26

PE for Sector

41.15

PB for Sector

10.10

ROE

24.43 %

ROCE

82.13 %

Dividend Yield

0.88 %

EPS

₹123.42

Industry

IT - Software

Sector

Computers - Software - Large

Investment Returns

In Long Term

In Short Term

1 Year

0.00%

2 Years

0.00%

3 Years

0.00%

4 Years

0.00%

5 Years

0.00%

Growth Rate

Revenue Growth

9.27 %

Net Income Growth

7.39 %

Cash Flow Change

13.69 %

ROE

-10.58 %

ROCE

-13.58 %

EBITDA Margin (Avg.)

-0.93 %

Financial Results

Quarterly Financials	Jun 2015	Sept 2015	Dec 2015	Mar 2016	Jun 2016	Sept 2016	Dec 2016	Mar 2017	Jun 2017	Sept 2017	Dec 2017	Mar 2018	Jun 2018	Sept 2018	Dec 2018	Mar 2019	Jun 2019	Sept 2019	Dec 2019	Mar 2020	Jun 2020	Sept 2020	Dec 2020	Mar 2021	Jun 2021	Sept 2021	Dec 2021	Mar 2022	Jun 2022	Sept 2022	Dec 2022	Mar 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	Jun 2024
Revenue	690	758	766	762	788	803	796	780	807	886	950	1,051	1,099	1,240	1,251	1,274	1,300	1,343	1,363	1,387	1,199	1,284	1,316	1,340	1,418	1,477	1,543	1,590	1,823	2,091	1,996	2,202	2,092	2,178	2,212	2,401	2,310
Expenses	572	603	583	603	609	627	626	647	651	709	767	828	886	964	985	1,012	988	1,026	1,051	1,086	993	991	1,008	1,033	1,078	1,116	1,157	1,203	1,402	1,645	1,518	1,702	1,615	1,680	1,693	1,861	1,801
EBITDA	119	155	183	159	179	176	170	133	156	177	183	223	212	275	266	262	313	318	312	301	206	293	308	306	339	361	386	387	421	446	478	500	477	498	519	540	509
Operating Profit %	15 %	18 %	21 %	20 %	20 %	21 %	20 %	17 %	16 %	16 %	16 %	15 %	17 %	19 %	19 %	18 %	21 %	21 %	20 %	18 %	16 %	18 %	20 %	21 %	21 %	23 %	23 %	22 %	21 %	20 %	21 %	21 %	21 %	21 %	21 %	21 %	20 %
Depreciation	11	13	14	17	17	14	14	13	13	13	13	18	19	20	19	16	36	37	40	41	42	45	44	43	46	45	46	45	51	51	52	51	51	62	65	68	66
Interest	0	0	1	0	0	0	0	0	0	0	0	0	0	0	0	0	9	9	9	9	11	11	10	12	10	10	10	10	10	9	11	10	11	11	13	13	13
Profit Before Tax	107	142	168	142	162	162	156	119	143	163	170	205	193	255	247	246	269	272	264	251	153	237	254	251	283	306	330	332	360	386	415	439	414	425	441	459	430
Tax	18	40	37	28	42	44	39	26	39	46	51	57	49	65	66	61	71	69	65	60	40	58	64	61	75	80	87	90	96	106	118	113	115	118	118	112	119
Net Profit	89	102	131	114	119	119	118	93	104	118	120	148	144	190	181	185	198	203	198	191	114	179	190	191	209	225	243	242	264	286	281	323	300	308	321	329	313
EPS in ₹	2.97	10.61	4.37	12.20	12.26	11.67	11.58	9.16	10.22	11.53	11.72	14.48	14.08	18.43	17.39	17.80	19.03	19.51	19.02	18.26	10.89	17.11	18.10	18.17	19.86	21.41	23.05	22.93	24.88	27.07	26.60	30.55	28.36	29.18	30.36	31.15	29.55

Show % Change

Above figures are in Rs. Crores

Balance Sheet

Balance Sheet	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	1,714	1,850	2,070	2,593	3,226	4,082	4,820	5,708	7,772	8,005
Fixed Assets	524	560	559	553	565	960	1,020	1,014	1,067	1,390
Current Assets	1,088	1,133	1,440	1,811	2,272	2,780	3,314	4,020	6,015	5,790
Capital Work in Progress	0	14	2	0	0	9	12	10	7	13
Investments	0	62	199	323	752	765	1,701	1,647	2,439	1,646
Other Assets	1,190	1,214	1,310	1,717	1,908	2,348	2,088	3,037	4,259	4,957
Total Liabilities	658	761	539	628	790	1,462	1,480	1,727	3,567	2,954
Current Liabilities	613	761	539	626	784	981	1,011	1,225	3,161	2,374
Non Current Liabilities	45	0	0	2	6	481	469	502	406	580
Total Equity	1,057	1,089	1,532	1,965	2,436	2,620	3,340	3,982	4,204	5,051
Reserve & Surplus	7	789	1,511	1,945	2,415	2,599	3,319	3,961	4,183	5,030
Share Capital	1,050	300	20	21	21	21	21	21	21	21

Show % Change

Above figures are in Rs. Crores

Cash Flow

Cash Flow	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Cash Flow	83	-31	-15	76	48	7	-51	35	272	463
Investing Activities	-607	-154	-177	-166	-489	-280	-965	-389	-560	-231
Operating Activities	289	525	402	340	740	664	1,267	899	1,267	1,341
Financing Activities	401	-402	-240	-98	-202	-377	-354	-476	-434	-647

Show % Change

Above figures are in Rs. Crores

Share Holding

% Holding	Mar 2021	Jun 2021	Sept 2021	Dec 2021	Mar 2022	Jun 2022	Sept 2022	Dec 2022	Mar 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	Jun 2024
Promoter	74.24 %	74.23 %	74.15 %	73.93 %	73.90 %	73.88 %	73.87 %	73.85 %	73.85 %	73.80 %	73.77 %	73.75 %	73.74 %	73.69 %
FIIs	9.06 %	8.92 %	9.50 %	9.23 %	7.14 %	6.34 %	6.04 %	7.22 %	6.69 %	5.31 %	5.90 %	5.63 %	5.51 %	4.46 %
DIIs	6.36 %	6.67 %	6.13 %	5.43 %	5.20 %	4.09 %	7.99 %	7.92 %	8.64 %	10.61 %	11.01 %	11.57 %	12.33 %	13.31 %
Government	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %
Public / Retail	10.34 %	10.17 %	10.21 %	11.41 %	13.76 %	15.69 %	12.10 %	11.01 %	10.83 %	10.28 %	9.32 %	9.05 %	8.41 %	8.54 %

Show % Change

Peer Comparison Compare Peers on Screener

Competitors	LTP	Market Cap (₹ Cr.)	P/E Ratio	Revenue (₹ Cr.)	YoY Revenue Growth %	Net Profit (₹ Cr.)	YoY Profit Growth %	RSI
Tata Consultancy Services	4,287.95	16,29,460.00	34.24	2,45,315.00	7.17	46,099	8.86	40.63
Infosys	1,891.95	8,10,768.94	30.42	1,58,381.00	5.96	26,248	7.22	49.81
HCL Technologies	1,729.80	4,91,906.06	29.95	1,11,408.00	8.36	15,710	20.62	54.55
Wipro	531.60	2,88,581.03	25.81	92,391.10	-0.40	11,112	5.22	55.01
LTI Mindtree	6,360.55	1,91,123.47	41.87	36,218.90	7.35	4,585	-1.49	68.44
Tech Mahindra	1,596.15	1,61,551.77	64.19	52,912.40	-2.47	2,397	22.91	50.16
Persistent Systems	5,246.30	82,832.09	70.73	9,949.61	18.15	1,093	33.94	54.70
Mphasis	2,974.70	60,115.55	38.45	13,496.32	-3.32	1,555	2.14	49.01
L&T Technology Services	5,486.00	59,959.08	45.91	9,854.60	9.27	1,306	0.58	47.61