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.
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.
#LTTS is largest pureplay ER&D firm from India and they have it in them to make it to the top five global ER&D technology companies
#LTTS currently in top 10 global ER&D firms have set a plan to get to the global top five firms.
#LTTS 🌏 in fact is a specialist in disruptive technology such as 5G, artificial intelligence, collaborative robots, digital factory and autonomous robots.
With more than 70 labs across the world, very few companies can match the scale
#LTTS🌏 mission is to be the engineering partner of choice by enabling innovation with world class technology, processes and people, delivering inclusive growth for all stakeholders.
Given that demand for ER&D services globally is rising phenomenally, #LTTS🌍 is confident of sustaining the strong growth rate beyond FY23 too. In fact, it aims to reach an annual $1.5 billion run-rate by FY25, which is a phenomenal growth run-rate.
#LTTS🌍 has constantly built and upgraded new labs.
The firm has 89 innovation labs across the world in India, Europe and US.
On the 5G front, #LTTS🌍 has established three labs in Bengaluru, Mysuru and Dallas, US.
Co is also looking to set up another 5G lab in Munich.
#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.
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.
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.
#CleanScience is a Highly innovative company with professional mindset, capacity expansion and non-patent approach, Massive cashflows generation and Power of Competitive Advantage.
#CleanScience will be the first company to develop HALS series (Hindered Amine Light Stabilizers) in India.
HALS has a global market size of $1 Billion and CAGR growth of 12%.
HALS are basically used to stabilize/protect the color, surface, gloss retention, UV protection, Dust protection, enhance self life etc for huge varities of products that we see and use in our day to day life.
Existing Products Supplies:
▪ Fuel Cell Products
▪ SOFC Hot boxes - Use methane to generate power
Under Development n Manufacturing:
▪ #MTAR is developing the following products in collaboration with Bloom to expand its product portfolio in clean energy sector:
▪ Hydrogen boxes- Use Hydrogen to generate power
▪ Electrolyzers - generate green hydrogen from water that shall be used in power units to generate power with zero carbon emissions
▪ Establishment of sheet metal vertical at Adibatla unit to cater to Bloom Energy and other customers