L&T Technology Services Ltd share price | About L&T Technology (2024)

₹ 4,714 -1.33%

29 Apr 4:03 p.m.

About

LTTS is an engineering services provider incorporated in 2012, offers engineering,, research and development (ER&D) and digitalization solutions to companies in the areas such as Transportation, Industrial Products, Telecom and Hi-Tech, Medical Devices and Plant
Engineering. LTTS’ customer base includes 69 Fortune 500 companies and 53 of the world’s top ER&D companies.The business also provides digital engineering advisory services.The company went public on September 23, 2016. LTTS has 296 global clients in 25+ countries.[1][2][3][4][5]

Key Points

Business Segments
The Company has five Business Segments, namely Transportation, Plant Engineering, Industrial Products, Medical Devices, and Telecom & Hi-Tech. [1]

  • Market Cap 49,859 Cr.
  • Current Price 4,714
  • High / Low 5,885 / 3,670
  • Stock P/E 38.2
  • Book Value 504
  • Dividend Yield 0.93 %
  • ROCE 32.4 %
  • ROE 25.4 %
  • Face Value 2.00

Edit ratios

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 25.0%
  • Company has been maintaining a healthy dividend payout of 39.9%

Cons

  • Stock is trading at 9.37 times its book value
  • Working capital days have increased from 61.9 days to 92.4 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
1,440 1,518 1,608 1,688 1,756 2,006 2,282 2,157 2,371 2,301 2,386 2,422 2,538
1,147 1,201 1,258 1,320 1,376 1,598 1,844 1,721 1,890 1,849 1,911 1,934 2,035
Operating Profit 293 318 349 367 380 408 437 436 480 453 476 488 503
OPM % 20% 21% 22% 22% 22% 20% 19% 20% 20% 20% 20% 20% 20%
35 44 29 37 42 41 38 74 50 48 41 62 56
Interest 12 11 11 11 10 11 11 12 11 12 13 13 13
Depreciation 54 55 53 53 53 59 59 59 57 57 68 72 75
Profit before tax 261 296 314 340 359 379 406 439 462 431 436 466 471
Tax % 25% 27% 27% 27% 27% 27% 26% 32% 26% 28% 28% 28% 28%
195 217 231 250 263 276 301 298 341 312 316 337 341
EPS in Rs 18.52 20.58 21.87 23.59 24.83 26.09 28.41 28.11 32.20 29.44 29.84 31.79 32.24
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
2,619 3,066 3,248 3,747 5,078 5,619 5,450 6,570 8,014 9,647
2,220 2,547 2,663 3,172 4,164 4,509 4,442 5,155 6,303 7,728
Operating Profit 399 519 586 576 915 1,110 1,007 1,415 1,711 1,919
OPM % 15% 17% 18% 15% 18% 20% 18% 22% 21% 20%
25 84 58 193 223 209 154 152 208 207
Interest 3 2 2 2 2 36 46 44 44 51
Depreciation 48 59 62 89 104 183 218 214 232 272
Profit before tax 372 542 579 678 1,031 1,100 897 1,309 1,644 1,804
Tax % 16% 23% 27% 25% 26% 25% 26% 27% 29% 28%
311 419 425 507 768 822 666 961 1,174 1,306
EPS in Rs 10.36 55.88 41.78 49.39 73.61 78.33 63.14 90.68 110.77 123.28
Dividend Payout % 50% 26% 29% 32% 29% 27% 35% 39% 41% 41%
Compounded Sales Growth
10 Years: %
5 Years: 14%
3 Years: 21%
TTM: 20%
Compounded Profit Growth
10 Years: %
5 Years: 11%
3 Years: 26%
TTM: 14%
Stock Price CAGR
10 Years: %
5 Years: 22%
3 Years: 21%
1 Year: 27%
Return on Equity
10 Years: %
5 Years: 25%
3 Years: 25%
Last Year: 25%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 300 300 20 20 21 21 21 21 21 21
Reserves 2 766 1,465 1,916 2,458 2,748 3,452 4,141 4,930 5,306
Preference Capital 750 0 0 0 0 0 0 0 0
219 196 102 70 70 30 480 477 454 659
1,257 681 644 696 802 1,504 1,113 1,438 1,498 2,503
Total Liabilities 1,778 1,942 2,232 2,702 3,352 4,303 5,066 6,077 6,904 8,488
569 621 614 709 780 1,174 1,282 1,283 1,294 1,613
CWIP 0 14 2 0 0 9 12 10 6 13
Investments 0 56 195 221 575 642 1,515 1,478 2,284 1,493
1,208 1,252 1,421 1,772 1,997 2,479 2,257 3,307 3,319 5,370
Total Assets 1,778 1,942 2,232 2,702 3,352 4,303 5,066 6,077 6,904 8,488

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
289 544 388 409 806 638 1,332 1,006 1,305 1,493
-667 -176 -178 -196 -509 -222 -1,005 -448 -572 -233
464 -383 -222 -132 -245 -406 -363 -498 -444 -658
Net Cash Flow 86 -15 -12 81 52 10 -36 60 290 602

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 96 86 80 94 76 90 83 94 79 82
Inventory Days
Days Payable
Cash Conversion Cycle 96 86 80 94 76 90 83 94 79 82
Working Capital Days 67 41 60 77 57 68 49 52 41 92
ROCE % 43% 41% 38% 45% 43% 27% 31% 33%

Documents

Concalls

L&T Technology Services Ltd share price | About L&T Technology (2024)

FAQs

What is the prediction for L&T Technology share price? ›

Stock price target for L&T Technology LTTS are 4576.35 on downside and 4688.8 on upside.
Tomorrow Target 14555.08
Tomorrow Target 24597.62
Tomorrow Target 34667.5333333333
Tomorrow Target 44710.07
Tomorrow Target 54779.98

What is the price target for L&T Technology Services in 2025? ›

Summary of LTTS Share Price Forecast for 2025

With favorable market conditions, the mid-year price target for L&T Technology Services Ltd could reach ₹7307. By the end of 2025, the price target for L&T Technology Services Ltd is expected to potentially reach ₹8722, considering bullish market trends.

What is the price target for L&T stock? ›

Larsen & Toubro Ltd. has an average target of 3747. The consensus estimate represents an upside of 4.25% from the last price of 3594.30. View 21 reports from 6 analysts offering long-term price targets for Larsen & Toubro Ltd..

Is it good to invest in LTTS? ›

The company's next dividend payment will be ₹17.00 per share. Last year, in total, the company distributed ₹45.00 to shareholders. Based on the last year's worth of payments, L&T Technology Services has a trailing yield of 1.0% on the current stock price of ₹4313.2.

What is the price target for L&T in 2024? ›

The current data on the share price Target for 2024 for L&T stock shows that the price is ₹3340 with a percent change of -1.45% and a net change of -49. This indicates a slight decrease in the stock price.

Why L&T technology share is falling? ›

L&T Tech reported a modest 0.2 percent YoY increase in net profit. Shares of L&T Technology Services (LTTS) fell 9.5 percent on Friday (April 26) after the IT firm forecasted a 100 basis point decline in its FY25 EBIT (earnings before interest and taxes) margin in guidance.

What is the dividend of L&T in 2024? ›

Larsen & Toubro (LT. NSE) has announced a dividend of ₹24 with an ex date of August 02, 2024 and a payment date of August 14, 2024.

What is the share price target for L&T in 2026? ›

Larsen & Toubro (L&T) Share Price Target 2024, 2025, 2026, 2027, 2028, 2030, 2032, 2035
YearLower TargetsHigher Targets
2025₹4,956.91₹5,167.72
2026₹5,564.18₹5,878.63
2027₹6,166.26₹6,665.56
2028₹6,770.72₹7,474.49
6 more rows
Mar 2, 2024

What are the future plans of L&T? ›

The company intends to build 2-3 million tonnes of green hydrogen and ammonia capacity with an investment of close to $4 billion. L&T has approached some coastal states in India to acquire 500-1,000 acres of land for hydrogen facilities, Chief Executive Officer SN Subrahmanyan said in an interview in Mumbai.

Why to invest in L&T? ›

Strong Financial Performance: L&T's financials are impressive. In the last three years, it achieved a compound annual growth rate (CAGR) of 10% in revenue and 39.3% in net profit. The return on equity (RoE) and return on capital employed (RoCE) have shown substantial improvements.

What is the share price target for L&T Finance in 2025? ›

According to analysts, LTF price target is 187.36 INR with a max estimate of 210.00 INR and a min estimate of 131.00 INR.

What is the future of Yes Bank in 2025? ›

Various financial results of Yes Bank suggest a good upward trajectory for its share price target in 2025. Its maximum and minimum range in 2025 is expected to be in between Rs 27.42 and 21.09.

What is the future price prediction for LTTS? ›

According to analysts, LTTS price target is 4427.22 INR with a max estimate of 5600.00 INR and a min estimate of 3280.00 INR. Check if this forecast comes true in a year, meanwhile watch L&T TECHNOLOGY SER stock price chart and keep track of the current situation with LTTS news and stock market news.

Is LTTS a debt free company? ›

Strong financial risk profile: The company's financial profile continues to be strongly supported by healthy cash accruals, debt free balance sheet and robust liquidity (cash surpluses of ~Rs. 2,269 crore as on September 30, 2023).

Is L&T overvalued or undervalued? ›

Compared to the current market price of 4 638 INR, L&T Technology Services Ltd is Overvalued by 21%. What is intrinsic value? L&T Technology Services Ltd's market capitalization is 490.5B INR. LTTS stock price is 4 638 INR.

Is Larsen and Toubro a good buy for long term? ›

We believe L&T is well-placed to benefit in the long run with 1) strong tender prospects, 2) better order conversion in the domestic market, 3) significant traction in hydrocarbons and 4) renewable energy orders from international markets like Saudi Arabia and expected uptick in private capex in the domestic market.

What is the future of LT stock? ›

Future Growth

Larsen & Toubro is forecast to grow earnings and revenue by 23.2% and 13.2% per annum respectively. EPS is expected to grow by 23.5% per annum. Return on equity is forecast to be 18.1% in 3 years.

What will be the share price of L and T in 2030? ›

Larsen & Toubro (L&T) Share Price Target 2024, 2025, 2026, 2027, 2028, 2030, 2032, 2035
YearLower TargetsHigher Targets
2030₹7,960.86₹8,838.69
2031₹8,569.08₹9,572.45
2032₹9,178.97₹10,308.22
2035₹11,003.63₹12,509.50
6 more rows
Mar 2, 2024

What is the price target for RVNL in 2025? ›

As per the latest market analysis, the company's stock price is projected to hit ₹567.21 per share by the conclusion of 2025.

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