L&T TECHNOLOGY SER chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 624.16
Dividend & Yield24.50₹ (0.71%)
Beta 0.54
Market capitalization 377.33B
Operating cash flow 10.06B
ESG Scores unknown

Company description

L&T Technology Services Limited provides engineering, research, and development (ER&D) services in North America, Europe, India, and internationally. Its Transportation segment offers engineering services and solutions to transportation industry that includes original equipment manufacturers (OEM) and Tier 1 suppliers in automotive, trucks and off-highway vehicles, aerospace, and rail industries. The company's Industrial Products segment helps OEM customers in building automation, home and office products, energy, process control, and machinery sectors. This segment offers product development counsel, software expertise, electronics, connectivity, mechanical engineering, industrial networking protocols, user interface/user experience, test frameworks, and enterprise control solutions. Its Telecom & Hi-Tech segment provides digital engineering services, such as the cloud, Internet of Things (IoT), artificial intelligence, data analytics, and others. The company's Plant Engineering segment provides engineering services in E/EPCM, engineering reapplication and global rollouts, plant sustenance and management, and regulatory compliance engineering, as well as to chemical, consumer packaged goods, and energy and utility sector clients. Its Medical Devices segment delivers solutions in diagnostics, patient mobility services, musculoskeletal services, life sciences, surgical services, cardiovascular, home healthcare, and general medical to medical device OEMs. L&T Technology Services Limited has a strategic partnership with Exponential-e Ltd. to jointly offer workplace transformation solutions. The company was formerly known as L&T Technology and Engineering Services Company Limited and changed its name to L&T Technology Services Limited in July 2012. The company was incorporated in 2012 and is headquartered in Vadodara, India. L&T Technology Services Limited is a subsidiary of Larsen & Toubro Limited.

Sector: Technology - Industry: Information Technology Services

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 941M 1.02B 2.17B 3.77B
Total Cashflows From Investing Activities -5.09B -2.22B -10.05B -4.48B
Net Borrowings 2M -1.06B -975M -913M
Total Cash From Financing Activities -2.45B -4.06B -3.63B -4.98B
Change To Operating Activities
Issuance Of Stock 3M 1M 1M 1M
Net Income 7.66B 8.19B 6.63B 9.57B
Change In Cash 515M 99M -408M 597M
Effect Of Exchange Rate
Total Cash From Operating Activities 8.06B 6.38B 13.27B 10.06B
Depreciation 1.04B 1.83B 2.04B 2.14B
Change To Account Receivables -1.88B -5.31B 2.07B -5.23B
Other Cashflows From Financing Activities -435M -815M -455M -437M
Change To Netincome 300M 653M 212M -200M
Capital Expenditures -901M -1.53B -771M -1.62B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 10.31B 11B 8.97B 13.09B
Net Income 7.66B 8.19B 6.63B 9.57B
Selling General Administrative 234M 286M 175M
Gross Profit 20.28B 24.09B 20.9B 29.19B
Ebit 8.39B 10.21B 8.38B 12.01B
Operating Income 8.39B 10.21B 8.38B 12.01B
Interest Expense -19M -365M -455M -437M
Income Tax Expense 2.63B 2.78B 2.31B 3.49B
Total Revenue 51.06B 57.12B 55.05B 65.7B
Cost Of Revenue 30.78B 33.03B 34.14B 36.51B
Total Other Income ExpenseNet 1.92B 795M 591M 1.09B
Net Income From Continuing Ops 7.68B 8.22B 6.67B 9.61B
Net Income Applicable To Common Shares 7.66B 8.19B 6.63B 9.57B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 8.82B 15.28B 15.9B 19.15B
Total Stockholder Equity 24.79B 27.69B 34.73B 41.62B
Other Current Liabilities 2.29B 3.38B 3.67B 9.62B
Total Assets 33.64B 43.03B 50.73B 60.91B
Common Stock 208M 209M 210M 211M
Other Current Assets 997M 948M 1.07B 5.63B
Retained Earnings 12.13B 17.34B 21.78B
Treasury Stock 1.56B -910M 1.51B 41.41B
Cash 2.05B 2.18B 1.75B 6.74B
Total Current Liabilities 8.63B 10.39B 10.98B 13.79B
Other Stockholder Equity 1.56B -910M 1.51B 41.41B
Property, Plant, and Equipment 1.44B 5.68B 6.38B 6.5B
Total Current Assets 23.72B 29.1B 35.03B 43.25B
Net Tangible Assets 18.43B 21.54B 28.17B 35.2B
Net Receivables 14.02B 18.73B 15.55B 16.96B
Accounts Payable 1.88B 1.98B 2.35B 1.72B


Insider Transactions

Here are the insider transactions of stock shares related to L&T TECHNOLOGY SER:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Ghanekar (Seema Uday)Sale at price 43.96 per share.D2022-05-25UNREPORTED400
Vaidya (Sonal)Sale at price 44.11 per share.D2022-05-25UNREPORTED1k
Ramakrishnan (P)Sale at price 44.69 per share.D2022-05-20UNREPORTED5k
Ghanekar (Seema Uday)Sale at price 48.07 per share.D2022-05-18UNREPORTED600
Ghanekar (Seema Uday)Sale at price 51.59 per share.D2022-05-04UNREPORTED500
Bhanot (Vinay)Sale at price 67.04 per share.D2022-03-31UNREPORTED1k
Gopalam (Bhanu Prasad)Sale at price 67.43 per share.D2022-03-30UNREPORTED1k
Lingwal (Rajendra K)Sale at price 66.02 per share.D2022-03-30UNREPORTED240
Ramkumar (V)Sale at price 67.48 per share.D2022-03-30UNREPORTED3.7k
Sinha (Abhishek)Sale at price 64.71 per share.D2022-03-28Wholetime Director1.6k
Vaidya (Sonal)Sale at price 64.56 per share.D2022-03-28UNREPORTED990
Panda (Keshab)Sale at price 65.68 per share.D2022-03-24Director7k
Tripathi (Atulchandra)Sale at price 63.43 per share.D2022-03-24UNREPORTED350
Chadha (Amit)Sale at price 64.40 per share.D2022-03-24Director36.6k
Padmanaban (Krishna)Sale at price 64.36 per share.D2022-03-23UNREPORTED4.2k
Panda (Keshab)Sale at price 64.88 per share.D2022-03-15Director (Non-Executive)2.17k
Padmanaban (Krishna)Sale at price 65.42 per share.D2022-03-14UNREPORTED4.2k
Ghanekar (Seema Uday)Sale at price 62.50 per share.D2022-03-14UNREPORTED2.02k
Lingwal (Rajendra K)Sale at price 59.74 per share.D2022-03-14UNREPORTED220
Vaidya (Sonal)Sale at price 61.06 per share.D2022-03-03UNREPORTED1.3k
Bodas (Nitin Padmakar)Sale at price 58.51 per share.D2022-02-22UNREPORTED2k
Lingwal (Rajendra K)Sale at price 61.12 per share.D2022-02-22UNREPORTED340
Venkatesh (T V)Sale at price 59.29 per share.D2022-02-18UNREPORTED2.2k
Venkatesh (T V)Sale at price 59.52 per share.D2022-02-16Promoter1.33k
Venkatesh (T V)Sale at price 58.74 per share.D2022-02-14UNREPORTED3.55k
Tripathi (Atulchandra)Sale at price 59.34 per share.D2022-01-28UNREPORTED290
Sen (Indrajit)Sale at price 65.06 per share.D2022-01-21UNREPORTED297
Sen (Indrajit)Sale at price 65.07 per share.D2022-01-21UNREPORTED325
Khangani (Kamlesh)Sale at price 67.38 per share.D2022-01-21UNREPORTED4.8k
Bodas (Nitin Padmakar)Other at price 0.03 per share.D2022-01-18UNREPORTED2k
Gopalam (Bhanu Prasad)Other at price 0.03 per share.D2022-01-18UNREPORTED8k
Tripathi (Atulchandra)Other at price 0.03 per share.D2022-01-18UNREPORTED1.6k
Prabhakaran (K N)Sale at price 74.87 per share.D2021-12-31UNREPORTED2k
Kumar (K Sendhil)Sale at price 74.65 per share.D2021-12-31UNREPORTED500
Kumar (K Sendhil)Sale at price 74.65 per share.D2021-12-31UNREPORTED500
Mahalingam (V)Sale at price 75.33 per share.D2021-12-30UNREPORTED400
Muralidhara (H L)Sale at price 74.57 per share.D2021-12-29UNREPORTED500
Gopalam (Bhanu Prasad)Sale at price 73.37 per share.D2021-12-28UNREPORTED2k
Prakash (Jeevan)Sale at price 73.63 per share.D2021-12-28UNREPORTED3.5k
Lingwal (Rajendra K)Sale at price 72.28 per share.D2021-12-27UNREPORTED160
Mahalingam (V)Sale at price 73.95 per share.D2021-12-27UNREPORTED204
Giri (K K)Sale at price 71.33 per share.D2021-12-24UNREPORTED500
Lingwal (Rajendra K)Sale at price 71.66 per share.D2021-12-24UNREPORTED27
Venkatesh (T V)Sale at price 71.36 per share.D2021-12-24UNREPORTED500
Chandrashekhar (N)Sale at price 70.65 per share.D2021-12-23UNREPORTED300
Giri (K K)Sale at price 70.78 per share.D2021-12-23UNREPORTED500
Lingwal (Rajendra K)Sale at price 70.32 per share.D2021-12-22UNREPORTED40
Shetty (Prabhakar)Sale at price 69.72 per share.D2021-12-22UNREPORTED4k
Prasad (Sunil)Sale at price 68.01 per share.D2021-12-21UNREPORTED500
Venkatesh (T V)Sale at price 67.69 per share.D2021-12-21UNREPORTED600
Baxi (Ankoor)Sale at price 68.04 per share.D2021-12-21UNREPORTED50

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to L&T TECHNOLOGY SER. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on L&T TECHNOLOGY SER

Here is the result of two systematic investment strategies applied to L&T TECHNOLOGY SER. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on L&T TECHNOLOGY SER

The following chart shows the equity curve of the two systematic investment strategies applied to L&T TECHNOLOGY SER:

L&T TECHNOLOGY SER automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 111.34% on the backtest period.

Performance at glance

Performance

111.34 %

Latent gain

13027.5 ₹

Invested capital

11700.7 ₹

Annualized return

26.38 %
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Momentum strategy results on L&T TECHNOLOGY SER

This is the result of two momentum investment strategies applied to L&T TECHNOLOGY SER. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on L&T TECHNOLOGY SER

The following chart shows all the entries opened by the momentum investment system on L&T TECHNOLOGY SER:

L&T TECHNOLOGY SER momentum entries
  • The first momentum investment strategy would give 129.3% of return on L&T TECHNOLOGY SER. That represents 11952.15₹ of latent gain with 9243.45₹ of employed capital.
  • The second momentum investment strategy would give 126.78% of return on L&T TECHNOLOGY SER. That represents 11849.45₹ of latent gain with 9346.15₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

129.3 %

Latent gain

11952.15 ₹

Invested capital

9243.45 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

126.78 %

Latent gain

11849.45 ₹

Invested capital

9346.15 ₹

Annualized return

33.9 %

Momentum equity curve on L&T TECHNOLOGY SER

The following chart shows the equity curve of the two momentum strategies applied to L&T TECHNOLOGY SER:

L&T TECHNOLOGY SER momentum equity

Note: the dividends potentially given by L&T TECHNOLOGY SER are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on L&T TECHNOLOGY SER

The following chart shows the employed capital evolution of the two momentum strategies on L&T TECHNOLOGY SER since the beginning:

L&T TECHNOLOGY SER

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on L&T TECHNOLOGY SER

Buy the dip entry openings on L&T TECHNOLOGY SER

L&T TECHNOLOGY SER

The performance achieved by the robo-advisor on L&T TECHNOLOGY SER is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows L&T TECHNOLOGY SER stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of L&T TECHNOLOGY SER, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to L&T TECHNOLOGY SER

The following chart shows the result of the investment strategy applied to L&T TECHNOLOGY SER:

L&T TECHNOLOGY SER

Note: the dividends potentially given by L&T TECHNOLOGY SER are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on L&T TECHNOLOGY SER

The following chart shows the employed capital evolution since the beginning of the investment strategy on L&T TECHNOLOGY SER:

L&T TECHNOLOGY SER

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on L&T TECHNOLOGY SER

In this section, I will compare the three previous investment strategies applied to L&T TECHNOLOGY SER.

Equity curve comparison on L&T TECHNOLOGY SER

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

L&T TECHNOLOGY SER investment strategy comparison

Employed capital comparison on L&T TECHNOLOGY SER

L&T TECHNOLOGY SER investment comparison

Performance comparison on L&T TECHNOLOGY SER

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 111.34% 13027.5₹ 11700.7₹ 26.38%
Momentum 1 quarter 129.3% 11952.15₹ 9243.45₹ 32.49%
Momentum 2 quarters 126.78% 11849.45₹ 9346.15₹ 33.9%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

26.38 %

Momentum 1Q

33.9 %

Momentum 2Q

33.9 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with L&T TECHNOLOGY SER:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between L&T TECHNOLOGY SER and the other stocks. There may be false positives or some missing correlated stocks. If the price of L&T TECHNOLOGY SER does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name L&T TECHNOLOGY SER
Country India
City Vadodara
Address West Block-II
Phone
Website www.ltts.com
FullTime employees 20861
Industry Information Technology Services
Sector Technology
Exchange XNSE
Ticker LTTS.XNSE
Market

L&T TECHNOLOGY SER ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown