Table of Contents

Larsen Toubro Infotech Ltd

Updated on July 15, 2019

Stock/Share Code - LTI

Larsen & Toubro Infotech offers extensive range of IT services like application development, maintenance and outsourcing, enterprise solutions, infrastructure management services, testing, digital solutions and platform based solutions to the clients in diverse industries.

Below is the details of LTI Larsen Toubro Infotech Ltd

Market Cap	₹30,976 Cr.
Current Price	₹1,516 as on 19 Jul 19
52 Week High / Low Price	₹1,990 / ₹1,436.7
Face Value	₹1
Stock P/E	21.00
Book Value	₹271.63
Dividend Yield	1.19 %
ROCE	42.07 %
ROE	32.96 %
Sales Growth (3yrs)	13.33 %
Sector	IT - Software
Industry	Computers - Software - Medium / Small
Listed on	BSE AND NSE
Company Website	Company Website

Pros: Company is virtually debt free. Company has a good return on equity (ROE) track record: 3 Years ROE 37.16% Company has been maintaining a healthy dividend payout of 44.02%

Cons:

Larsen Toubro Infotech Ltd Price Chart

Larsen Toubro Infotech Ltd Peer Comparison in IT - Software

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Qtr Sales Var %	Sales Qtr Rs.Cr.	ROCE %
1.	L & T Infotech	₹110.5	21.00	₹30,975.82 Cr.	1.19	₹360.4 Cr.	12.24	23.91	2333.30	42.07
2.	L & T Infotech	₹110.5	20.44	₹30,975.82 Cr.	1.19	₹378.9 Cr.	30.88	24.23	2486.00	39.50
3.	L&T Technology	₹110.5	23.90	₹18,295.3 Cr.	0.90	₹191.5 Cr.	20.59	27.33	1343.10	37.86
4.	Mindtree	₹667.6	21.29	₹16,058.49 Cr.	1.12	₹198.4 Cr.	8.89	25.64	1839.40	26.55
5.	Hexaware Tech.	₹354.85	18.60	₹10,740.38 Cr.	2.35	₹138.48 Cr.	1.97	20.50	1264.02	33.16
6.	Quess Corp	₹460.3	37.00	₹9,498.95 Cr.	0.00	₹76.09 Cr.	-0.56	21.37	2294.77	11.61
7.	NIIT Tech.	₹97.6	19.36	₹8,073.3 Cr.	1.14	₹109.9 Cr.	17.45	23.25	972.20	23.58
8.	Cyient	₹483.2	12.81	₹6,168.75 Cr.	2.37	₹176.6 Cr.	51.58	9.52	1162.90	22.87

Ready to Invest?
Talk to our investment specialist

Larsen Toubro Infotech Ltd Fundamentals

Quarterly Results

Quarterly reports are issued by companies every three months. Most companies have a financial year-end of Mar. 31 and quarters that end on June 30, Sept. 30, Dec. 31 and March 31.

Standalone Figures in Rs. Crores

	Jun 2016	Sep 2016	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019
Sales	1,472	1,525	1,594	1,593	1,589	1,656	1,778	1,883	2,033	2,210	2,330	2,333
YOY Sales Growth %	15.51%	8.75%	12.49%	7.93%	7.96%	8.63%	11.58%	18.22%	27.97%	33.44%	31.06%	23.91%
Expenses	1,195	1,256	1,322	1,312	1,343	1,403	1,497	1,616	1,647	1,771	1,866	1,900
Employee Cost %	59.01%	58.43%	58.32%	57.05%	59.92%	62.6%	59.05%	58.2%	58.74%	57.55%	57.14%	57.04%
Operating Profit	277	268	272	281	246	253	282	267	387	439	464	433
OPM %	19%	18%	17%	18%	15%	15%	16%	14%	19%	20%	20%	19%
Other Income	38	45	61	54	143	137	92	153	103	118	39	69
Interest	0	0	1	1	4	4	3	4	2	1	1	1
Depreciation	25	29	30	25	23	24	24	20	22	22	22	23
Profit before tax	289	284	302	309	362	363	347	396	466	534	480	479
Tax %	21%	20%	22%	21%	21%	21%	23%	19%	25%	24%	25%	25%
Net Profit	229	228	236	245	285	287	267	321	347	405	363	360
	Notes	Notes	Notes	Notes	Notes	Notes	Notes	Notes	Notes	Notes	Notes	Notes

Profit & Loss

The profit and loss (P&L) statement is a financial statement that summarizes the revenues, costs and expenses incurred during a specified period, usually a fiscal quarter or year. The P&L statement is synonymous with the income statement. These records provide information about a company's ability or inability to generate profit" by increasing revenue, reducing costs or both. Some refer to the P&L statement as a statement of profit and loss, income statement, statement of operations, statement of financial results or income, earnings statement or expense statement.

Standalone Figures in Rs. Crores

	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	TTM
Sales	1,278	1,649	1,951	1,777	2,284	2,960	3,613	4,644	4,744	5,568	6,183	6,906	8,907
Sales Growth %	61.09%	29.06%	18.27%	-8.92%	28.53%	29.59%	22.09%	28.52%	2.16%	17.37%	11.03%	11.7%	%
Expenses	1,075	1,375	1,632	1,446	1,917	2,340	2,809	3,579	3,789	4,643	5,085	5,858	7,184
Material Cost %	0.29%	0.18%	0.29%	0.45%	0%	0%	0%	0%	0%	0%	0%	0%	%
Manufacturing Cost %	2.96%	16.32%	18.08%	9.17%	10.58%	9.29%	9.67%	10.61%	11.3%	13.49%	14.71%	15.78%	%
Employee Cost %	54.61%	50.54%	50.53%	59.64%	61.98%	59.81%	58.35%	56.97%	59.15%	60.62%	58.18%	59.87%	%
Other Cost %	26.27%	16.31%	14.78%	12.13%	11.4%	9.97%	9.71%	9.48%	9.41%	9.26%	9.35%	9.18%	%
Operating Profit	203	275	319	331	366	619	805	1,065	955	926	1,098	1,048	1,723
OPM %	16%	17%	16%	19%	16%	21%	22%	23%	20%	17%	18%	15%	19%
Other Income	3	8	25	35	71	9	17	137	88	228	198	525	329
Interest	3	3	8	3	9	36	20	30	10	6	3	14	4
Depreciation	33	37	45	48	60	57	62	68	91	103	109	91	88
Profit before tax	171	243	289	315	369	536	739	1,104	943	1,044	1,184	1,468	1,960
Tax %	11%	13%	8%	11%	15%	24%	24%	18%	18%	18%	21%	21%
Net Profit	151	211	265	281	313	405	562	902	773	856	938	1,160	1,475
EPS in Rs											54.83	67.45
Dividend Payout %	10%	7%	6%	29%	48%	63%	54%	61%	62%	70%	30%	32%

Compounded Sales Growth

10 Years:: 15.40%
5 Years:: 13.83%
3 Years:: 13.33%
TTM:: 28.97%

Compounded Profit Growth

10 Years:: 17.98%
5 Years:: 14.47%
3 Years:: 12.59%
TTM:: 27.15%

Return on Equity

10 Years:: 39.98%
5 Years:: 40.16%
3 Years:: 37.16%
Last Year:: 32.96%

Balance Sheet

A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a specific point in time, and provides a basis for computing rates of return and evaluating its capital structure. It is a financial statement that provides a snapshot of what a company owns and owes, as well as the amount invested by shareholders. It is used alongside other important financial statements such as the income statement and statement of cash flows in conducting fundamental analysis or calculating financial ratios.

Standalone Figures in Rs. Crores

	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019
Share Capital	16	16	16	16	16	16	16	16	16	17	17	17	17
Equity Capital	15.5	15.72	15.84	16.13	16.13	16.13	16.13	16.13	16.13	17	17.1	17.2	17.4
Reserves	317	523	554	943	1,100	1,012	1,217	1,452	1,909	1,947	2,960	3,701	4,696
Borrowings	153	142	156	45	238	249	207	107	218	55	0	0	0
Other Liabilities	210	298	578	452	548	708	750	935	820	993	1,382	1,475	1,513
Trade Payables	132.74	138.6	439.7	295.68	171.93	172.07	189.14	225.57	252.85	338.3	335.4	370.8	446.3
Total Liabilities	697	979	1,304	1,456	1,902	1,985	2,190	2,511	2,963	3,012	4,359	5,194	6,227
Fixed Assets	131	155	165	162	192	247	254	294	337	320	286	273	320
Gross Block	282.58	342.75	382.4	421.44	506.43	608.2	656.62	708.39	791.03	548	588.9	653.9
Accumulated Depreciation	151.42	187.53	217.62	259.59	314.77	361.04	402.45	414.13	453.78	227.6	303	381.2
CWIP	6	3	7	23	20	28	78	51	24	19	1	7	3
Investments	123	192	223	281	511	439	424	455	458	322	1,231	1,560	2,260
Other Assets	436	630	910	990	1,180	1,270	1,433	1,711	2,144	2,350	2,841	3,354	3,644
Trade receivables	279.34	348.93	416.2	360.73	466.2	626.67	723.4	849.58	1031.44	1101.1	1122.6	1327.5	1729.3
Cash Equivalents	30.5	53.81	111.54	153.97	131.28	122.94	113.59	145.54	133.43	122.2	190.6	249.8	215.4
Loans n Advances	126.46	226.76	382.29	475.31	404.25	384.62	403.29	462.75	740.78	868.7	1111.1	1476.3	213.6
Total Assets	697	979	1,304	1,456	1,902	1,985	2,190	2,511	2,963	3,012	4,359	5,194	6,227

Cash Flows

Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow.

Standalone Figures in Rs. Crores

	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018
Cash from Operating Activity	127	142	164	300	269	325	483	613	580	765	1,047	711
Profit from operations	184.11	347.96	353.85	325.78	382.63	553.87	726.5	896.56	970.25	1115.6	1332.2	1436.6
Working Capital Changes	-42.47	-186.5	-149.11	48.63	-40.08	-125.68	-39.49	-70.13	-125.48	-92	-44.3	-396.8
Taxes paid	-14.34	-19.93	-40.89	-74.51	-74.01	-103.23	-204.09	-213.34	-264.3	-258.4	-240.7	-328.9
Cash from Investing Activity	-106	-140	-90	-135	-298	-36	-91	162	-98	38	-935	-244
Fixed Assets Purchased	-50.43	-58.44	-60.21	-66.04	-90.79	-123.22	-124.48	-95.79	-111.42	-96	-61.9	-87.8
Fixed Assets Sold	0.01	0.72	0.23	5.8	5.71	2.71	5.64	15.44	2.5	14.9	4.1	3.2
Investments purchased	-56.75	-69.12	-3325.49	-45.46	0	0	0	-112.43	0	62.7	-897.8	-301.7
Investments sold	0	0	3306.19	0	61.57	79.8	24.28	0	89.94	4.6	19.4	51.6
Cash from Financing Activity	-10	22	-16	-123	6	-297	-402	-743	-495	-817	-44	-408
Proceeds from Shares	53	20.25	16.18	29.81	0	0	0	0	0	6.9	0.4	0.3
Proceeds from Borrowings	0	6.21	9.85	0	194.77	6.43	0	0	104.01	0	0	0
Repayment of Borrowings	-42.91	0	0	-67.21	0	0	-44.54	-98.46	0	0	0	0
Interest Paid	-2.97	-2.23	-8.28	-2.75	-6.29	-48.95	-53.98	-93.55	-118.18	-5.8	-3.2	-13.8
Dividends Paid	-15.01	-2.1	-31.45	-80.11	-151.58	-254.78	-303.15	-551.48	-480.53	-546.7	-161	-303.4
Net Cash Flow	11	23	58	42	-23	-8	-9	32	-12	-14	68	59

Ready to Invest?
Talk to our investment specialist

Ratios

	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018
ROCE %	44%	42%	41%	35%	32%	43%	56%	61%	51%	51%	47%	42%
Debtor Days	80	77	78	74	75	77	73	67	79	72	66	70
Inventory Turnover

Announcements & News

Recent Announcements

Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('Listing Regulations') | May 30, 2019
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation | May 24, 2019
Announcement under Regulation 30 (LODR)-Allotment | May 24, 2019
Format of Initial Disclosure to be made by an entity identified as a Large Corporate | May 21, 2019
Reg.24(A)-Annual Secretarial Compliance | May 16, 2019

Credit Ratings

Annual Reports

Financial Year 2018 | from bse
Financial Year 2017 | from bse

How to Invest in Mutual Funds SIP Online?

Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest! Get Started
Invest in Mutual Funds which invests in Larsen Toubro Infotech Ltd & Get More Returns than Bank Deposit

Disclaimer:
All efforts have been made to ensure the information provided here is accurate as per time to time filling by company to exchanges. However, no guarantees are made regarding correctness of data. Investors are advised to validate/check information with exchanges or companies website before making any investment decisions.

Shepard Technologies Pvt. Ltd : A -204, Technocity, Plot No X-4/1 & X-4/2, TTC, MIDC, Mahape, Navi Mumbai - 400710

AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153

Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund, or designing a portfolio that suits your needs.

Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.