Thread by @ParveenBhansali

#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

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

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.

#LTTS🌏 says this is forward looking one of the biggest acquisition with lot of capabilities

#LTTS🌏 saying there is no working capital issues with this acquisition whereas some of the research houses had pointed opposite.

#LTTS saying acquisition is aimed to improve their footprint in telecom 5G domain
2yrs ago they acquired Orchestra Technologies wch was in d same area but dat provided LTTS d middle part, LTTS hv the OEM part n now SCW brings scale in d architecting part dat other Cos do not have

#LTTS🌏 they see it as ability to turn this around n give way what LTTS n their client looking for to be it as a sweet acquisition

There is a innovative culture at their parent L&T not only to integrate things but with speed n this acquisition is in line with that.

#LTTS🌏says Dividends should not get hit ahead and they will continue to look at further acquisitions.

@Finstor85 ji please correct if anything I am not able to make out properly. Thanks in Advance.