L&T TECHNOLOGY SERVICES | TECH MAHINDRA | L&T TECHNOLOGY SERVICES/ TECH MAHINDRA |
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P/E (TTM) | x | 41.4 | 50.5 | 82.1% | View Chart |
P/BV | x | 10.4 | 6.3 | 164.7% | View Chart |
Dividend Yield | % | 1.0 | 2.4 | 41.4% |
L&T TECHNOLOGY SERVICES TECH MAHINDRA |
EQUITY SHARE DATA | |||||
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L&T TECHNOLOGY SERVICES Mar-24 |
TECH MAHINDRA Mar-24 |
L&T TECHNOLOGY SERVICES/ TECH MAHINDRA |
5-Yr Chart Click to enlarge
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High | Rs | 5,675 | 1,416 | 400.8% | |
Low | Rs | 3,308 | 983 | 336.6% | |
Sales per share (Unadj.) | Rs | 913.5 | 589.2 | 155.0% | |
Earnings per share (Unadj.) | Rs | 123.7 | 27.2 | 455.4% | |
Cash flow per share (Unadj.) | Rs | 149.4 | 47.7 | 312.9% | |
Dividends per share (Unadj.) | Rs | 50.00 | 40.00 | 125.0% | |
Avg Dividend yield | % | 1.1 | 3.3 | 33.4% | |
Book value per share (Unadj.) | Rs | 495.3 | 298.7 | 165.8% | |
Shares outstanding (eoy) | m | 105.61 | 882.52 | 12.0% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Price / Sales ratio | x | 4.9 | 2.0 | 241.5% | |
Avg P/E ratio | x | 36.3 | 44.2 | 82.2% | |
P/CF ratio (eoy) | x | 30.1 | 25.1 | 119.7% | |
Price / Book Value ratio | x | 9.1 | 4.0 | 225.9% | |
Dividend payout | % | 40.4 | 147.3 | 27.4% | |
Avg Mkt Cap | Rs m | 474,352 | 1,058,564 | 44.8% | |
No. of employees | `000 | NA | NA | - | |
Total wages/salary | Rs m | 49,298 | 291,283 | 16.9% | |
Avg. sales/employee | Rs Th | 0 | 0 | - | |
Avg. wages/employee | Rs Th | 0 | 0 | - | |
Avg. net profit/employee | Rs Th | 0 | 0 | - |
INCOME DATA | |||||
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Net Sales | Rs m | 96,473 | 519,955 | 18.6% | |
Other income | Rs m | 2,188 | 9,590 | 22.8% | |
Total revenues | Rs m | 98,661 | 529,545 | 18.6% | |
Gross profit | Rs m | 19,075 | 44,747 | 42.6% | |
Depreciation | Rs m | 2,716 | 18,171 | 14.9% | |
Interest | Rs m | 509 | 3,922 | 13.0% | |
Profit before tax | Rs m | 18,038 | 32,244 | 55.9% | |
Minority Interest | Rs m | 0 | 0 | - | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Tax | Rs m | 4,975 | 8,276 | 60.1% | |
Profit after tax | Rs m | 13,063 | 23,968 | 54.5% | |
Gross profit margin | % | 19.8 | 8.6 | 229.8% | |
Effective tax rate | % | 27.6 | 25.7 | 107.5% | |
Net profit margin | % | 13.5 | 4.6 | 293.7% |
BALANCE SHEET DATA | |||||
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Current assets | Rs m | 62,303 | 234,253 | 26.6% | |
Current liabilities | Rs m | 25,371 | 126,166 | 20.1% | |
Net working cap to sales | % | 38.3 | 20.8 | 184.2% | |
Current ratio | x | 2.5 | 1.9 | 132.3% | |
Inventory Days | Days | 73 | 51 | 141.8% | |
Debtors Days | Days | 82 | 80 | 103.1% | |
Net fixed assets | Rs m | 22,528 | 185,587 | 12.1% | |
Share capital | Rs m | 212 | 4,413 | 4.8% | |
"Free" reserves | Rs m | 52,098 | 259,236 | 20.1% | |
Net worth | Rs m | 52,310 | 263,649 | 19.8% | |
Long term debt | Rs m | 0 | 1,025 | 0.0% | |
Total assets | Rs m | 84,831 | 419,840 | 20.2% | |
Interest coverage | x | 36.4 | 9.2 | 395.2% | |
Debt to equity ratio | x | 0 | 0 | 0.0% | |
Sales to assets ratio | x | 1.1 | 1.2 | 91.8% | |
Return on assets | % | 16.0 | 6.6 | 240.8% | |
Return on equity | % | 25.0 | 9.1 | 274.7% | |
Return on capital | % | 35.5 | 13.7 | 259.5% | |
Exports to sales | % | 0 | 0 | - | |
Imports to sales | % | 0 | 0 | - | |
Exports (fob) | Rs m | NA | NA | - | |
Imports (cif) | Rs m | NA | NA | - | |
Fx inflow | Rs m | 70,864 | 393,604 | 18.0% | |
Fx outflow | Rs m | 36,044 | 259,975 | 13.9% | |
Net fx | Rs m | 34,820 | 133,629 | 26.1% |
CASH FLOW | |||||
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From Operations | Rs m | 14,928 | 63,764 | 23.4% | |
From Investments | Rs m | -2,333 | -13,137 | 17.8% | |
From Financial Activity | Rs m | -6,579 | -47,672 | 13.8% | |
Net Cashflow | Rs m | 6,016 | 2,908 | 206.9% |
Indian Promoters | % | 73.7 | 35.0 | 210.5% | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 18.1 | 54.7 | 33.0% | |
FIIs | % | 4.4 | 23.7 | 18.4% | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 26.3 | 65.0 | 40.5% | |
Shareholders | 236,000 | 774,997 | 30.5% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare L&T TECHNOLOGY SERVICES With: INFOSYS TCS WIPRO HCL TECHNOLOGIES LTIMINDTREE
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
Period | L&T TECHNOLOGY SERVICES | Tech Mahindra | S&P BSE IT |
---|---|---|---|
1-Day | 0.50% | 2.28% | 0.73% |
1-Month | -2.36% | -0.11% | -1.05% |
1-Year | 13.34% | 40.24% | 25.32% |
3-Year CAGR | -1.34% | 3.36% | 6.12% |
5-Year CAGR | 29.31% | 17.36% | 22.21% |
* Compound Annual Growth Rate
Here are more details on the L&T TECHNOLOGY SERVICES share price and the Tech Mahindra share price.
Moving on to shareholding structures...
The promoters of L&T TECHNOLOGY SERVICES hold a 73.7% stake in the company. In case of Tech Mahindra the stake stands at 35.0%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of L&T TECHNOLOGY SERVICES and the shareholding pattern of Tech Mahindra.
Finally, a word on dividends...
In the most recent financial year, L&T TECHNOLOGY SERVICES paid a dividend of Rs 50.0 per share. This amounted to a Dividend Payout ratio of 40.4%.
Tech Mahindra paid Rs 40.0, and its dividend payout ratio stood at 147.3%.
You may visit here to review the dividend history of L&T TECHNOLOGY SERVICES, and the dividend history of Tech Mahindra.
For a sector overview, read our software sector report.
On Tuesday, Indian share markets traded on a positive note throughout the session and ended marginally higher.