Discover and read the best of Twitter Threads about #ltts
Most recents (22)
L&T Technology Services
#LTTS
Let's discuss result in a nutshell👇.
2023 earnings: Revenues and Earnings Per Share are in line with the analyst expectations.
Year 2023 results 👇.
EPS: ₹111 (up from ₹90.91 in FY 2022).
Revenue: ₹82.2b (up 26% from FY 2022).
(1/n)
#LTTS
Let's discuss result in a nutshell👇.
2023 earnings: Revenues and Earnings Per Share are in line with the analyst expectations.
Year 2023 results 👇.
EPS: ₹111 (up from ₹90.91 in FY 2022).
Revenue: ₹82.2b (up 26% from FY 2022).
(1/n)
#LTTS
2023
Net income: ₹11.7b (up 22% from FY 2022).
Profit margin: 14% (in line with FY 2022).
Revenue is forecast to grow 13% p.a. on average during the next 3 years, in contrast to the 15% growth forecast for the Professional Services Industry of India.
(2/n)
2023
Net income: ₹11.7b (up 22% from FY 2022).
Profit margin: 14% (in line with FY 2022).
Revenue is forecast to grow 13% p.a. on average during the next 3 years, in contrast to the 15% growth forecast for the Professional Services Industry of India.
(2/n)
Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth!
#LTTS is up by 8% on news of the result.
(3/n)
#LTTS is up by 8% on news of the result.
(3/n)
#LTTS🌏 is a long-term compounder as engineering services growth is less volatile now wth d digital transformation trend supporting growth across industries
LTTS’s scale is superior to most of its global peers in engineering services, wch allows it to invest in many new areas
LTTS’s scale is superior to most of its global peers in engineering services, wch allows it to invest in many new areas
#LTTS🌏 is able to cross-pollinate its capabilities across industry verticals n this creates more cross-selling opportunities n higher differentiation compared wth peers
LTTS also present in broader set of verticals as comprd to Indian engg. services peers Cyient,KPIT & Elxsi
LTTS also present in broader set of verticals as comprd to Indian engg. services peers Cyient,KPIT & Elxsi
At the current price, #LTTS🌏 trading at 25 times its FY24 earnings
#LTTS🌏 is eying 'big boys' club in terms of revenue from engineering services and related segments in coming years with its biggest acquisition #SWC since its inception.
#LTTS🌏 set for a leapfrog jump in network engineering segment.
#LTTS🌏 set for a leapfrog jump in network engineering segment.
MD & CEO, #LTTS🌏 said the acquisition is both margin and EPS accretive n will help the engineering services firm achieve $1.5 billion revenue by FY25.
He said: IT firms such as TCS, Infosys, Tech Mahindra n Wipro do $300 to $500 million of business annually in network engineering segment. With this acquisition, #LTTS🌏will hv opportunity to enter into big boys' club as SWC comes up wth deep expertise n assets in d said segment
#LTTS🌏 aspires to hit $2 billion in annual revenues by FY26, post its acquisition of Smart World and Communication.
#LTTS🌏 will also focus on developing full-stack technology offerings in next gen communications, smart spaces and cybersecurity, even as it expects to double the revenue of the combined Smart World and Communication (SWC) business to $400 million in the next three years.
#LTTS🌏 CEO & MD Amit Chadha:
“From the revenue standpoint, we are at a run rate of $1 billion and SWC’s business will be about $140 million. This puts us in line to achieve $1.5 billion by FY25, and $2 billion shortly thereafter,”
“From the revenue standpoint, we are at a run rate of $1 billion and SWC’s business will be about $140 million. This puts us in line to achieve $1.5 billion by FY25, and $2 billion shortly thereafter,”
#LTTS🌏 on recent SWC acquisition:
Strong Demand 4 Electrification, Energy transition,5G rollout n cyber security across their clients in US n Europe,parts of Asia
There is demand 4 service net models 4 efficient campuses,cities,utilities mobility,public safety n cyber security
Strong Demand 4 Electrification, Energy transition,5G rollout n cyber security across their clients in US n Europe,parts of Asia
There is demand 4 service net models 4 efficient campuses,cities,utilities mobility,public safety n cyber security
Rationale LTTS management saying has been taken to go ahead and acquire SWC business:
1.6 trillion dollars of engineering spent in FY21 was laid by manuf. 51% for manufacturing cos is expected by FY25 to 2.3 trillion dollars with 58% coming from HiTech & services
1.6 trillion dollars of engineering spent in FY21 was laid by manuf. 51% for manufacturing cos is expected by FY25 to 2.3 trillion dollars with 58% coming from HiTech & services
In the medium term which is 2 to 3 yrs this acquisition will be both Margin n EPS accretive but in the immediate term which is one year there could be little bit of dilution.
In the medium term #LTTS🌏 management reaffirming their guidance of being margin accretive.
In the medium term #LTTS🌏 management reaffirming their guidance of being margin accretive.
#LTTS🌍 to acquire L&T’s Smart World & Communication Business
SWC has a strong expertise in communication wth network design, planning, implementtn n mgmt of Netwrk Operations Cntr, Opertnl Supp System, Datacenters, Cloud/pvt 5G network at more than 25K locations across India
SWC has a strong expertise in communication wth network design, planning, implementtn n mgmt of Netwrk Operations Cntr, Opertnl Supp System, Datacenters, Cloud/pvt 5G network at more than 25K locations across India
SWC has an employee base of over 700 engineers from diversified technology domains and has crossed an annual revenue of INR 1,000 Crores.
This acquisition will pave way for SWC’s offerings to reach the global market leveraging LTTS🌍 global footprint.
This acquisition will pave way for SWC’s offerings to reach the global market leveraging LTTS🌍 global footprint.
SWC cater to d demands in smart cities, smart utilities, n digital infrastructure.
Over d yrs, it has touched 150+ million urban lives, running 25+ smart city operation centers, connecting 2 million assets and
business applications encompassing the areas
Contd....
Over d yrs, it has touched 150+ million urban lives, running 25+ smart city operation centers, connecting 2 million assets and
business applications encompassing the areas
Contd....
#LTIM
LTI Mindtree merger creates a strong challenger in the Indian IT space with a $4.1 billion revenue run-rate as the combined entity has significant revenue synergies owing to the complementary nature of clients and service offerings.
LTI Mindtree merger creates a strong challenger in the Indian IT space with a $4.1 billion revenue run-rate as the combined entity has significant revenue synergies owing to the complementary nature of clients and service offerings.
LTI can benefit from Mindtree's strength in d experience layer of digital n addressing CMO budgets while d latter can benefit from d former’s strength in packaged applications
Overlap among key clients is minimal ensuring no turf wars.
Overlap among key clients is minimal ensuring no turf wars.
The LTI Mindtree merger would definitely be a new cylinder in the engine room here.
This could lead to the country’s next large-scale IT Services player.
This could lead to the country’s next large-scale IT Services player.
#LTTS🌍 saying:
Witnessing robust customer demand for digital manufacturing services with multiple programs being initiated around Industry 4.0 n digital twins, enabling them to deliver quick ROI to their industrial products n plant engineering customers.
Witnessing robust customer demand for digital manufacturing services with multiple programs being initiated around Industry 4.0 n digital twins, enabling them to deliver quick ROI to their industrial products n plant engineering customers.
Deal pipeline continues to remain robust n r in middle of several advanced stage discussions wth global customers across key geographies
#LTTS🌍 Europe deal wins r expected to double this fiscal. Their differentiated offerings will help them stay ahead of competitors in d space
#LTTS🌍 Europe deal wins r expected to double this fiscal. Their differentiated offerings will help them stay ahead of competitors in d space
#LTTS🌍 undertaking deep investments across its six big bets, helping develop state-of-the-art infrastructure across its global locations.
#LTTS🌏 revenues has grown at a CAGR of 10.9% in the last five years whereas #TataElxsi revenues has grown at a CAGR of 8.1% during the same period. Increased demand for digitisation has been driving #LTTS🌍 revenue growth.
#TataElxsi and #LTTS🌍 are among the niche leading engineering, research and development (ER&D) services providers in the world.
Both are fighting to grab maximum market share.
Both are fighting to grab maximum market share.
Outsourced ER&D penetration in most of 🌍LTTS’s verticals is still in the low to mid-teens, implying significant scope for an increase in outsourcing.
We hv conducted a survey in our groups asking members to suggest 1 stock which they r willing to hold for next 10-15 yrs
Based on d maximum votes received v hv compiled a list of top 25 stocks wch not only can stand rock solid but can handle market volatility in any ☔situation
Based on d maximum votes received v hv compiled a list of top 25 stocks wch not only can stand rock solid but can handle market volatility in any ☔situation
Top 5 stocks in order of highest no of votes 👇👇
Idea for conducting this survey is to help people identify stocks which can create tremendous big returns over a longer time frame
📊MAJOR IT STOCKS AND HIGH LEVEL DETAILS
A Thread 🧵
A Thread 🧵
📊TATA CONSULTANCY (#TCS)
💥Fundamentals: very good
💥Valuation: Expensive
💥Q1 FY23 result:
🏷Net Sales up 4.28% QoQ, Up 16.18% YoY
🏷Net profit down 4.51% QoQ, Up 5.22% YoY
💥Attrition Rate: 19.7%
💥Technicals: Slightly Bearish.
💥Below 50 day, 200 day moving average
💥Fundamentals: very good
💥Valuation: Expensive
💥Q1 FY23 result:
🏷Net Sales up 4.28% QoQ, Up 16.18% YoY
🏷Net profit down 4.51% QoQ, Up 5.22% YoY
💥Attrition Rate: 19.7%
💥Technicals: Slightly Bearish.
💥Below 50 day, 200 day moving average
📊INFOSYS LTD (#INFOSYS)
💥Fundamentals: very good
💥Valuation: Expensive
💥Q1 FY23 result:
🏷Net Sales up 6.8% QoQ, Up 23.57% YoY
🏷Net profit down 5.73% QoQ, Up 3.18% YoY
💥Attrition Rate: 28.4%
💥Technicals: Slightly Bearish.
💥Below 50 day, 200 day moving average
💥Fundamentals: very good
💥Valuation: Expensive
💥Q1 FY23 result:
🏷Net Sales up 6.8% QoQ, Up 23.57% YoY
🏷Net profit down 5.73% QoQ, Up 3.18% YoY
💥Attrition Rate: 28.4%
💥Technicals: Slightly Bearish.
💥Below 50 day, 200 day moving average
Large deal momentum has become a regular feature at #LTTS.
The Airbus deal win came due to the fact that #LTTS is one of the best ER&D firms in the Indian subcontinent.
#LTTS receives such accolades these days coz it has developed strong domain knowledge in ER&D.
The Airbus deal win came due to the fact that #LTTS is one of the best ER&D firms in the Indian subcontinent.
#LTTS receives such accolades these days coz it has developed strong domain knowledge in ER&D.
Given the pickup in large deal wins especially in EACV segment in FY22 and an all-time large deal pipeline, #LTTS FY23 dollar revenue growth guidance of 13.5-15.5 per cent Y-o-Y appears to be conservative.
Share analysis article: socinvest.app/post/l-t-techn…
Share analysis video:
#LTTS management on Co's performance visibility ahead after Q3:
Company continue to see double-digit growth in the next 3-5 years on the rising penetration of ER&D services n higher spending on digital engineering.
Digital Engineering revenues were 56% in Q3 versus 55% in Q2.
Company continue to see double-digit growth in the next 3-5 years on the rising penetration of ER&D services n higher spending on digital engineering.
Digital Engineering revenues were 56% in Q3 versus 55% in Q2.
Deal pipeline continues to see healthy addition and the demand outlook in US and Europe remains strong.
#LTTS will continue to invest in their six big bets which will allow them to participate significantly in customers transformation journey and win large deals.
#LTTS will continue to invest in their six big bets which will allow them to participate significantly in customers transformation journey and win large deals.
Client profile, which indicates number of Million dollar plus accounts has shown a sequential improvement in USD30 mn & USD10 mn plus categories. The client profile numbers hv seen an improvement over d past few qtrs n this trend will continue in d coming quarters as per mgmt.
#LTTS Q3 Highlights:
Won a USD45 mn deal along with
two other deals greater than $10 million.
Won two significant empanelments-
the first with one of the world's largest technology companies and the second with a global aircraft manufacturer.
Won a USD45 mn deal along with
two other deals greater than $10 million.
Won two significant empanelments-
the first with one of the world's largest technology companies and the second with a global aircraft manufacturer.
These empanelments mark the strengthening of #LTTS relationship with the customer as the co become their preferred partner.
There is potential of $50 mn revenues in each
empanelment over the next few years.
There is potential of $50 mn revenues in each
empanelment over the next few years.
Engagement in high-end research projects aimed at expanding electrification to the Heavy Equipment and Aero segments.
So the next co we are going to look at is Mindtree. It is now an L&T group co & L&T is already sitting on a hefty gain since taking it over. The #mindtree business positioning still gives you Mr. Soota's touch.
* Industries & Domains
Mindtree operates into many industries & domains but they have broadly categorized industries into 4 segments.
- RCPG
- BFSI
- Travel & Health
- Communication & Media
Very clear segmentation but this has happened after L&T took it over.
Mindtree operates into many industries & domains but they have broadly categorized industries into 4 segments.
- RCPG
- BFSI
- Travel & Health
- Communication & Media
Very clear segmentation but this has happened after L&T took it over.
* Services
4 Service Lines
- Customer Success
- Data & Intelligence
- Cloud
- Enterprise
Once again, very clear segmentation of services. No overload of information & not trying to convey that they do everything.
4 Service Lines
- Customer Success
- Data & Intelligence
- Cloud
- Enterprise
Once again, very clear segmentation of services. No overload of information & not trying to convey that they do everything.
Monthly updates for all 3 portfolios for the month of Nov- 2021:
No recommendations, just sharing my journey!!
#MostlyMomentum #stockmarkets #StockMarket #stocks #investing #trading
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No recommendations, just sharing my journey!!
#MostlyMomentum #stockmarkets #StockMarket #stocks #investing #trading
⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️
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#MOSTLYMOMENTUM- FLEXI CAP (DAILY RECONSTITUTION) MONTHLY UPDATE: NOV-21
Starting NAV (12-03-2021): 100.00
Current NAV (30-11-2021): 150.49
Compounded Annualised Returns: 90.23%
Annualised Standard Deviation (Based on daily closing): 24.76%
Maximum Drawdown: -12.80%
#MOSTLYMOMENTUM- FLEXI CAP (DAILY RECONSTITUTION) MONTHLY UPDATE: NOV-21
Starting NAV (12-03-2021): 100.00
Current NAV (30-11-2021): 150.49
Compounded Annualised Returns: 90.23%
Annualised Standard Deviation (Based on daily closing): 24.76%
Maximum Drawdown: -12.80%
Trailing Returns:
Since Inception:
#MostlyMomentum (Daily Reconstitution) Portfolio: 50.49%
#NIFTY100: 12.99%
#NIFTYMidcap100: 22.42%
#NIFTYSmallcap100: 26.32%
Since Inception:
#MostlyMomentum (Daily Reconstitution) Portfolio: 50.49%
#NIFTY100: 12.99%
#NIFTYMidcap100: 22.42%
#NIFTYSmallcap100: 26.32%
“Last Diwali to this Diwali: Summary of Momentum Investments/ Trades taken (#MostlyMomentum)!!”:
Introduction of my journey so far:
I started my #StockMarket journey Jul- 2016:
•During 2016-17, as a typical new investor, started with TV Tips, and IPOs,
Introduction of my journey so far:
I started my #StockMarket journey Jul- 2016:
•During 2016-17, as a typical new investor, started with TV Tips, and IPOs,
this (IPOs) helped in a way, best #DMART has still been the best of IPOs I applied for, got allotment, and kept for couple of months and captured fastest 282% of my #StockMarket journey.
• During 2017-18, decided not to go after TV Tips,
• During 2017-18, decided not to go after TV Tips,
and started doing something on my own including a little Option “BUYING” 12, lost some funds in Option Buying, but gained a lot of experience regarding not to so something you don’t know. Alongside this, also started exploring cash market strategies of buying what is going up and
A lot of you requested me to post a thread on #LTTS. I did not find time, neither had motivation to do since it is a complex business to cover via something like Twitter thread or even a newsletter. Here I am posting only some abridged views.
I hold Both #LTI & #LTTS from IPO. I am an ex-LT/LTI so have a bit of sneak peak into company as well. Last 2+ years have been terribly bad for LTTS. Not because they did something wrong, but because of external factors.
ER&D space is a bit different than traditional IT. The revenue realization cycles are longer. Contracts are stickier but hard to come by as well. Unlike IT, ER&D is close to sectoral automation at frontline. IT plays role via software, but ER&D is much close to real automation
In next series of tweets, I will try to present a few key highlights on Indian Tech companies. Often I hear that people want to invest in US cuz India does not offer many product companies. It is mere illusion! Let's see where we go with this series
India started as IT outsourcing hub, grew in size, made lives of many. Remained predominantly services provider. It still is, but it is transforming too. Indian IT is no longer pure services provider.
IT companies usually build reusable software components that can be wrapped to make an accelerator - something that can accelerate a functionality implemented for a new customer. All major IT companies used to have high regards for accelerator building in the past.
The COVID has brought unsurmountable change the way businesses carry their operations. "Business continuity" which only a training material earlier, now has become a reality. How does this change consumption & digitization?
The frontside, regular IT/Tech was first to experience the boom due to increased demand of tech scalability, adoption of cloud solutions, and WFA (work from anywhere) initiative. Banks/FMCG/Retail/Pharma were first to adopt tech
There are some Post-COVID beneficiaries such as auto/infra/Mfg./industrial/transport etc. These industries got hit worst as they were relatively behind on the tech & automation adoption.
