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14 Jul 2025 |
L&T Technology
|
Consensus Share Price Target
|
4410.50 |
4583.84 |
- |
3.93 |
hold
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15 Jul 2021
|
L&T Technology
|
Prabhudas Lilladhar
|
4410.50
|
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3404.60
(29.55%)
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Buy
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Raised revenue growth guidance to 15-17% YoY USD from 13-15%, We had already baked in 17.2% YoY USD growth for FY22. LTTS reported strong growth of +4.2% QoQ USD (Ple: 3.7%, Cons:2.7%), despite covid led supply side challenges. Growth was broad-based with four out five segments growing 4%-8% QoQ, led by industrial products (+7.8% QoQ USD). Consistent improvement in EBIT margin for four consecutive...
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15 Jul 2021
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L&T Technology
|
Motilal Oswal
|
4410.50
|
|
3461.25
(27.43%)
|
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Buy
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LTTS reported a 4.3% QoQ CC growth in 1QFY22, above our estimate of 2.8%. Industrial Products/Transportation (+7.8%/+4.3% QoQ) spearheaded this growth. EBIT margin improved by 70bp QoQ, despite a wage hike during...
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03 May 2021
|
L&T Technology
|
Motilal Oswal
|
4410.50
|
3130.00
|
2521.40
(74.92%)
|
Target met |
Buy
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LTTS reported 3.8% QoQ CC growth in 4QFY21, missing our estimate by 150bp. While segments like Plant Engineering (+9.9% QoQ, large deal ramp up) and Transportation (+6.6% QoQ) did well, Telecom and Hi-Tech and Medical Devices were flat QoQ. EBIT margin improved 140bp QoQ, benefiting from better utilization and offshore mix. The company continues to do well on the deal front, adding six large deals (over USD10m), with two deals with a TCV of over USD25m. The management expressed its confidence on the deal pipeline, which has a...
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02 Mar 2021
|
L&T Technology
|
Prabhudas Lilladhar
|
4410.50
|
3057.00
|
2715.25
(62.43%)
|
Target met |
Buy
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21 Jan 2021
|
L&T Technology
|
Prabhudas Lilladhar
|
4410.50
|
3057.00
|
2401.95
(83.62%)
|
Target met |
Buy
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151bps QoQ at 15.2% in Q2 slightly higher than our estimates of 14.7% by 52bps. Management expects margins to further improve in Q4 led by margin levers (utilization, offshore mix, pyramid, attrition) and higher growth in Telecom & Hi-tech segment. Guidance came in line with our estimates of 6.5% (Ple: 6% decline) revenue decline for FY21E. We had released a detailed report in December on ER&D; sector, where we have mention how ER&D; spends will pick up in coming quarters. link Management mentioned that ER&D; spends remains strong across all...
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23 Oct 2020
|
L&T Technology
|
Arihant Capital
|
4410.50
|
1872.00
|
1733.95
(154.36%)
|
Target met |
Hold
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20 Oct 2020
|
L&T Technology
|
Prabhudas Lilladhar
|
4410.50
|
|
1733.95
(154.36%)
|
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20 Oct 2020
|
L&T Technology
|
Sharekhan
|
4410.50
|
2030.00
|
1733.95
(154.36%)
|
Target met |
Buy
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17 Jul 2020
|
L&T Technology
|
Prabhudas Lilladhar
|
4410.50
|
1362.00
|
1399.40
(215.17%)
|
Target met |
Hold
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LTTS reported revenue de-growth of -12.5% QoQ USD 3% above our estimates (Ple:10% QoQ, Cons: 12%). Weak revenue growth was on account of steep decline of 22.8% QoQ in transportation vertical & 24.5% decline in...
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17 May 2020
|
L&T Technology
|
Prabhudas Lilladhar
|
4410.50
|
1020.00
|
1160.00
(280.22%)
|
|
Hold
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LTTS reported revenue de-growth of -2.0% QoQ USD 3% below our estimates (Ple:1% QoQ, Cons: 1.2%). Weak revenue growth was on account of steep decline of 8.8% QoQ in plant & engineering. Vertical was impacted by project closures in O&G; segment & we believe this vertical will take longer to revive. Reported EBIT margin at 15.2% was down 160 bps QoQ (Ple/Cons: 17.2%), while adjusted for one-off (contribution to PM CARES fund) was 16.5% (-30 bps QoQ). Margin was impacted by lower revenue but aided by strong currency tailwinds. We expect FY21 margin to be impacted by lower revenue....
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