L&T Technology Services Limited

$ 3 331.10 -2.42 %

L&T Technology Services Limited (LTTS) operates as a leading global provider of engineering research and development (ER&D) services, with a significant presence across India, North America, Europe, and other international markets. Its Transportation division collaborates closely with original equipment manufacturers (OEMs) and prominent Tier 1 suppliers. It delivers advanced solutions for electric vehicles, sophisticated driver-assistance systems (ADAS), autonomous driving, and software-defined vehicle technologies. This expertise spans various industries including aerospace, automotive, rail, commercial vehicles, off-highway machinery, and polymers. The Industrial Products segment offers extensive product development consultancy, drawing on deep knowledge in areas such as software, electronics, connectivity, mechanical engineering, industrial networking protocols, user interface (UI) and user experience (UX) design, robust testing frameworks, and enterprise control systems. These capabilities support critical applications in automation, home and office products, energy, process control, and diverse machinery. Within Hi-Tech Communication, LTTS specializes in embedded software design and development, complemented by services for product maintenance, enhancement, and ongoing sustenance. The company also provides thorough testing, validation, system integration, and field deployment services for communication-centric solutions, catering to sectors like telecommunications, consumer electronics, semiconductors, independent software vendors (ISVs), and media and entertainment. The Plant Engineering division handles design, engineering, and project management, ensuring seamless handover operations and providing customized digital maintenance solutions. Its clients primarily come from the chemical, consumer packaged goods (CPG), and energy and utility industries. Finally, the Medical Devices segment supports OEMs with a comprehensive range of services, including concept design, embedded systems development, hardware and software engineering, mechanical engineering, application software, value analysis and engineering (VA/VE), manufacturing engineering, and crucial regulatory compliance. This covers devices across diagnostics, life sciences, surgical, cardiovascular, home healthcare, and general medical applications. Established in 2012 and headquartered in Vadodara, India, L&T Technology Services Limited functions as a key subsidiary of Larsen & Toubro Limited.

CEO: Amit Pal Singh Chadha - https://www.ltts.com

Price objectif

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Recommandation

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DCF

$ 10 420.90

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LTTS.BO vs S&P500

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Quick ratio

2.48

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

28.81

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

115.61

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

20.42 %

is generally considered excellent, indicating that the company is generating strong profits with its equity.

ROIC

14.91 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

5.23

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.09

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

39.12

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

31.43 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
3 indicates worrying financial health
Altman score
7.59 indicates good financial health and low risk of bankruptcy
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Cash / Debt

Cash Ratio
0.64 indicates that the company has a moderate ability to cover its short-term debts with its cash
Debt Ratio
0.06 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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