About LTTS
L&T technology services limited (LTTS) is a global leader in engineering and R&D services. With 593 parents field for 53 of the global top 100 ER&D .
LTTS live and breathes engineering.
LTTS services founded in june 14, 2012
Headquarter of LTTS – Vadodara, Gujarat
Number of employees – 23,000
LTTS services is the subsidiary company of L&T
LTTS ‘s expertise in engineering design, product development, smart manufacturing and digitalization with 62 innovation and R&D design centers globally, LTTS specialist in distruptive technology space Such as 5G, 6G,
Artificial intelligence, collaborative Robots, digital factory and autonomous transport.
Engineering heritage and multi domain capabilities of LTTS
L&T technology services
01 Consulting domain and design – 45%
02 Skill Based – 55%
Other services
01 Industrial product
02 Medical devices
03 Transportation
04 process industry
In 2020
L&T Technology services was selected as consulting and professional services (CPS) provider to support Amazon Alexa voice service (AVS)
LTTS is only engineering service company out of India to be selected as a partner
Valuation/Fundamentals about LTTS
It is a mid cap company
01 Market cap. – Rs 56,788 crore
02 CMP (current market price) – Rs 5380
03 P/E – 46.52
04 Cash – Rs 615 crore
05 Debt – 0
06 Dividend yield – 0.84%
Shareholding pattern of LTTS
01 Promoter – 73.75%
02 Mutual Fund – 2.37%
03 FII – 5.63%
04 DII – 8.85%
05 Retail and others – 9.05%
LTTS listed in stock market 2016 at price Rs 860 per share.
If someone invested Rs 100,000 in LTTS. He/she gots 116 shares. Let’s find out the present value of 116 shares
l&t technology bonus history
LTTS have no bonus and stock split history since 2016
Price of one share of LTTS in 2024 is Rs 5380.
Means value of 116 shares is Rs Rs 624,080.
Means LTTS Rs 1 lakh convert Rs 6.2 lakh
Time period – 7 years
Note – Compounding is the 8th wonder of this world.
LTTS diversified business and geographical Mix.
01 Transportation – 30%
02 Industrial product – 19%
03 Telecom and HI- Tech – 23%
04 Plant Engineering – 15%
05 Medical device – 13%
By Geography
01 North America – 61%
02 Europe – 16%
03 India – 14%
04 Rest of the world – 9%
LTTS will keep growing with same pace. India is developing country. Market in india is big help the bajaj auto for grow. LTTS is will keep rewarding shareholders with bonus shares and stock dividend.