L&T Technology Services Limited Share Price and Company Fundamentals
Last traded: Today at 6:59 AM
L&T Technology Services Limited operates as an engineering research and development services company in India, North America, Europe, and internationally. The Transportation segment partners with OEMs and tier 1 suppliers to offer electric vehicle, advanced driver assistance systems, autonomous driving, and software defined vehicle solutions to aerospace, automotive, rail, commercial vehicles, off-highway, and polymer industries. The Industrial Products segment provides product development counsel, leveraging expertise spanning software, electronics, connectivity, mechanical engineering, industrial networking protocols, user interface and user experience, test frameworks, and enterprise control solutions for automation, home and office products, energy, process control, and machinery applications. The Hi-Tech Communication segments embedded software design and development; offers product maintenance, enhancement, and sustenance services; and testing and validation services, as well as system integration and field implantation services for communication and related solutions including telecom, consumer electronics, semiconductors, independent software vendors, and media and entertainment industries. The Plant engineering segment provides designing, engineering, project management, handover operations, and delivery and custom digital maintenance solutions to chemical, consumer packaged goods, and energy and utility sector clients. The Medical devices segment offers concept design, embedded systems, hardware and software, mechanical engineering services, application software, value analysis and value engineering, manufacturing engineering, and regulatory compliance solutions in diagnostic, life sciences, surgical, cardiovascular, home healthcare, general medical, and other devices to medical device OEMs. The company was incorporated in 2012 and is based in Vadodara, India. L&T Technology Services Limited operates as a subsidiary of Larsen & Toubro Limited.
Key Metrics
PE ratio
36.22
PB ratio
8.84
Dividend yield
1.11%
Beta
0.48
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Information Technology Services / Technology |
|---|---|
| Website | https://www.ltts.com |
| Mailing address | West Block-II L&T Knowledge City (IT/ITES) SEZ NH No. 8, Village Ankhol Vadodara 390019 India |
| Phone / Fax | 91 26 5670 5001 / 91 26 5670 5955 |
Dividends
Dividend yield
1.11%
Dividend amount
₹50.00
Payout ratio
38.21%
5Y Avg. yield
0.96%
L&T Technology Services Limited paid ₹50.00 dividend and the ex-dividend date was 27 Oct 2023.The dividend payout ratio is 38.21%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.LTTS dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
LTTS's forward dividend amount is ₹34 and the forward dividend yield is 0.76%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of May 2024, following are the company executives and directors listed on L&T Technology Services Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Anilkumar Manibhai Naik | Founder Chairman | 81 | 12.38M |
| Mr. Amit Pal Singh Chadha | CEO, MD & Whole Time Director | 51 | 73.4M |
| Mr. Rajeev Gupta | Chief Financial Officer | 49 | |
| Mr. Abhishek Sinha | Whole Time Director & COO | 50 | 16.13M |
| Mr. Pinku Pappan | Head of Investor Relations and M&A | ||
| Ms. Nandini P. Nair | Global General Counsel | ||
| Mr. Prasad Shanbhag | Company Secretary & Compliance Officer | ||
| Mr. Samir Bagga | Chief Marketing Officer | ||
| Mr. Alind Saxena | President of Sales & Whole Time Director | 53 | |
| Shailendra J. Shrivastava | Global Delivery Head Transportation |
Profitability and management effectiveness
Profit margin
13.51%
Operating margin
16.88%
Return on assets
13.37%
Return on equity
25.32%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of L&T Technology Services Limited is and its enterprise value is .
The LTTS's stocks Beta value is 0.48 making it 52% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
L&T Technology Services Limited (NSE:LTTS) Frequently Asked Questions
1. What is L&T Technology Services Limited's Stock Symbol?
L&T Technology Services Limited trades on NSE under the ticker symbol "LTTS".
2. What is L&T Technology Services Limited's stock price today?
One share of LTTS stock can currently be purchased for approximately ₹4464.05.
3. How can I contact L&T Technology Services Limited?
L&T Technology Services Limited's mailing address is West Block-II L&T Knowledge City (IT/ITES) SEZ NH No. 8, Village Ankhol Vadodara 390019 India. The company can be reached via phone at 91 26 5670 5001.
4. What is L&T Technology Services Limited's official website?
The official website of L&T Technology Services Limited is https://www.ltts.com.