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Larsen & Toubro Infotech

NSEI:LTI
Snowflake Description

Flawless balance sheet with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LTI
NSEI
₹286B
Market Cap
  1. Home
  2. IN
  3. Software
Company description

Larsen & Toubro Infotech Limited, a technology consulting and digital solutions company, provides information technology (IT) services and solutions in India. The last earnings update was 94 days ago. More info.


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LTI Share Price and Events
7 Day Returns
2.8%
NSEI:LTI
2.6%
IN IT
0.8%
IN Market
1 Year Returns
8.8%
NSEI:LTI
19.3%
IN IT
-0.7%
IN Market
LTI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Larsen & Toubro Infotech (LTI) 2.8% 0.4% -6.2% 8.8% - -
IN IT 2.6% 4.6% 8.5% 19.3% 49.1% 80.2%
IN Market 0.8% 2.8% 5.9% -0.7% 41.2% 72.5%
1 Year Return vs Industry and Market
  • LTI underperformed the IT industry which returned 19.3% over the past year.
  • LTI outperformed the Market in India which returned -0.7% over the past year.
Price Volatility
LTI
Industry
5yr Volatility vs Market

LTI Value

 Is Larsen & Toubro Infotech undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Larsen & Toubro Infotech to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Larsen & Toubro Infotech.

NSEI:LTI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 19 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 16.5%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:LTI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
IT Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.054 (1 + (1- 35%) (0%))
1.036
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.04
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.036 * 8.6%)
16.46%

Discounted Cash Flow Calculation for NSEI:LTI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Larsen & Toubro Infotech is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NSEI:LTI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 16.46%)
2019 9,893.38 Analyst x8 8,494.82
2020 13,513.55 Analyst x11 9,962.97
2021 15,226.36 Analyst x11 9,638.86
2022 16,842.51 Est @ 10.61% 9,154.74
2023 18,475.38 Est @ 9.69% 8,622.68
2024 20,147.66 Est @ 9.05% 8,073.90
2025 21,880.56 Est @ 8.6% 7,528.82
2026 23,693.52 Est @ 8.29% 7,000.16
2027 25,604.40 Est @ 8.06% 6,495.35
2028 27,629.84 Est @ 7.91% 6,018.33
Present value of next 10 years cash flows ₹80,990.63
NSEI:LTI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹27,629.84 × (1 + 7.55%) ÷ (16.46% – 7.55%)
₹333,376.88
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹333,376.88 ÷ (1 + 16.46%)10
₹72,616.16
NSEI:LTI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹80,990.63 + ₹72,616.16
₹153,606.79
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹153,606.79 / 173.51
₹885.29
NSEI:LTI Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹885.29
Current discount Discount to share price of ₹1,667.55
= -1 x (₹1,667.55 - ₹885.29) / ₹885.29
-88.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Larsen & Toubro Infotech is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Larsen & Toubro Infotech's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Larsen & Toubro Infotech's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:LTI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹82.62
NSEI:LTI Share Price ** NSEI (2019-04-22) in INR ₹1667.55
India IT Industry PE Ratio Median Figure of 84 Publicly-Listed IT Companies 16.19x
India Market PE Ratio Median Figure of 2,738 Publicly-Listed Companies 16.33x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Larsen & Toubro Infotech.

NSEI:LTI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NSEI:LTI Share Price ÷ EPS (both in INR)

= 1667.55 ÷ 82.62

20.18x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Larsen & Toubro Infotech is overvalued based on earnings compared to the IN IT industry average.
  • Larsen & Toubro Infotech is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Larsen & Toubro Infotech's expected growth come at a high price?
Raw Data
NSEI:LTI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 20.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts
12.2%per year
India IT Industry PEG Ratio Median Figure of 21 Publicly-Listed IT Companies 1.32x
India Market PEG Ratio Median Figure of 585 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

NSEI:LTI PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 20.18x ÷ 12.2%

1.66x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Larsen & Toubro Infotech is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Larsen & Toubro Infotech's assets?
Raw Data
NSEI:LTI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹253.53
NSEI:LTI Share Price * NSEI (2019-04-22) in INR ₹1667.55
India IT Industry PB Ratio Median Figure of 108 Publicly-Listed IT Companies 1.36x
India Market PB Ratio Median Figure of 3,628 Publicly-Listed Companies 1.11x
NSEI:LTI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEI:LTI Share Price ÷ Book Value per Share (both in INR)

= 1667.55 ÷ 253.53

6.58x

* Primary Listing of Larsen & Toubro Infotech.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Larsen & Toubro Infotech is overvalued based on assets compared to the IN IT industry average.
X
Value checks
We assess Larsen & Toubro Infotech's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Larsen & Toubro Infotech has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

LTI Future Performance

 How is Larsen & Toubro Infotech expected to perform in the next 1 to 3 years based on estimates from 19 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
12.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Larsen & Toubro Infotech expected to grow at an attractive rate?
  • Larsen & Toubro Infotech's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Larsen & Toubro Infotech's earnings growth is positive but not above the India market average.
  • Larsen & Toubro Infotech's revenue growth is expected to exceed the India market average.
Annual Growth Rates Comparison
Raw Data
NSEI:LTI Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:LTI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts 12.2%
NSEI:LTI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 19 Analysts 14.7%
India IT Industry Earnings Growth Rate Market Cap Weighted Average 9.5%
India IT Industry Revenue Growth Rate Market Cap Weighted Average 9.4%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:LTI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:LTI Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 125,930 18,662 19,201 14
2020-03-31 110,384 16,903 16,957 16
2019-03-31 94,989 13,773 15,207 18
NSEI:LTI Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 89,610 12,537 14,264
2018-09-30 83,719 11,388 13,336
2018-06-30 77,915 8,122 12,061
2018-03-31 73,065 8,438 11,120
2017-12-31 69,825 10,769
2017-09-30 67,654 10,422
2017-06-30 66,166 12,937 10,021
2017-03-31 65,009 11,696 9,707
2016-12-31 63,823 10,305
2016-09-30 62,026 10,069
2016-06-30 60,689 9,834
2016-03-31 58,464 8,585 8,363

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Larsen & Toubro Infotech's earnings are expected to grow by 12.2% yearly, however this is not considered high growth (20% yearly).
  • Larsen & Toubro Infotech's revenue is expected to grow by 14.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:LTI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below

All data from Larsen & Toubro Infotech Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:LTI Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 108.91 113.70 104.20 13.00
2020-03-31 96.92 104.00 88.10 17.00
2019-03-31 87.16 89.00 85.80 17.00
NSEI:LTI Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 82.62
2018-09-30 77.49
2018-06-30 70.28
2018-03-31 64.93
2017-12-31 63.04
2017-09-30 61.09
2017-06-30 58.84
2017-03-31 57.06
2016-12-31 60.66
2016-09-30 59.87
2016-06-30 59.21
2016-03-31 51.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Larsen & Toubro Infotech is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Larsen & Toubro Infotech's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Larsen & Toubro Infotech has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

LTI Past Performance

  How has Larsen & Toubro Infotech performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Larsen & Toubro Infotech's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Larsen & Toubro Infotech's year on year earnings growth rate has been positive over the past 5 years.
  • Larsen & Toubro Infotech's 1-year earnings growth exceeds its 5-year average (32.5% vs 13.8%)
  • Larsen & Toubro Infotech's earnings growth has exceeded the IN IT industry average in the past year (32.5% vs 24.5%).
Earnings and Revenue History
Larsen & Toubro Infotech's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Larsen & Toubro Infotech Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:LTI Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 89,610.00 14,264.00 1,978.00
2018-09-30 83,719.00 13,336.00 1,978.00
2018-06-30 77,915.00 12,061.00
2018-03-31 73,065.00 11,120.00 1,978.00
2017-12-31 69,825.00 10,769.00 6,090.00
2017-09-30 67,654.00 10,422.00 6,090.00
2017-06-30 66,166.00 10,021.00 6,090.00
2017-03-31 65,009.00 9,707.00 1,810.00
2016-12-31 63,822.60 10,304.77 5,471.38
2016-09-30 62,025.60 10,068.77 5,471.38
2016-06-30 60,688.60 9,833.77 5,471.38
2016-03-31 58,464.00 8,363.00 5,741.00
2015-12-31 55,863.50 9,046.01 5,564.83
2015-03-31 49,680.94 7,598.15 5,125.33
2014-03-31 45,351.64 6,597.71 4,815.63
2013-03-31 34,278.57 5,099.83 4,031.07

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Larsen & Toubro Infotech has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Larsen & Toubro Infotech used its assets more efficiently than the IN IT industry average last year based on Return on Assets.
  • Larsen & Toubro Infotech's use of capital has not improved over the past 3 years (Return on Capital Employed).
X
Past performance checks
We assess Larsen & Toubro Infotech's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Larsen & Toubro Infotech has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

LTI Health

 How is Larsen & Toubro Infotech's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Larsen & Toubro Infotech's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Larsen & Toubro Infotech is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Larsen & Toubro Infotech's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Larsen & Toubro Infotech's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Larsen & Toubro Infotech has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Larsen & Toubro Infotech Company Filings, last reported 3 months ago.

NSEI:LTI Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 43,873.00 0.00 21,735.00
2018-09-30 40,098.00 0.00 17,634.00
2018-06-30 40,785.00 0.00 17,860.00
2018-03-31 38,611.00 0.00 16,201.00
2017-12-31 36,629.00 0.00 17,959.00
2017-09-30 34,848.00 0.00 15,381.00
2017-06-30 34,190.00 0.00 17,724.00
2017-03-31 31,451.00 0.00 13,110.00
2016-12-31 25,684.00 74.00 7,897.00
2016-09-30 25,684.00 74.00 7,897.00
2016-06-30 20,232.02 544.76 2,618.06
2016-03-31 21,250.00 546.00 2,445.00
2015-12-31 21,141.79 491.82 4,704.07
2015-03-31 20,267.36 2,175.26 3,171.15
2014-03-31 16,104.91 1,100.13 3,336.49
2013-03-31 13,389.20 2,336.41 1,827.66
  • Larsen & Toubro Infotech has no debt.
  • Larsen & Toubro Infotech has no debt compared to 5 years ago when it was 9.1%.
  • Larsen & Toubro Infotech has no debt, it does not need to be covered by operating cash flow.
  • Larsen & Toubro Infotech has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Larsen & Toubro Infotech's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Larsen & Toubro Infotech has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

LTI Dividends

 What is Larsen & Toubro Infotech's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.29%
Current annual income from Larsen & Toubro Infotech dividends. Estimated to be 2.53% next year.
If you bought ₹2,000 of Larsen & Toubro Infotech shares you are expected to receive ₹26 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Larsen & Toubro Infotech's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.5%).
  • Larsen & Toubro Infotech's dividend is below the markets top 25% of dividend payers in India (1.92%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:LTI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below
India IT Industry Average Dividend Yield Market Cap Weighted Average of 40 Stocks 1.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:LTI Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 44.44 14.00
2020-03-31 39.74 13.00
2019-03-31 33.54 13.00
NSEI:LTI Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-07-27 21.500 1.246
2018-05-23 21.500 1.263
2017-11-06 17.700 1.444
2017-07-27 16.550 2.123
2017-01-23 13.700 1.857
2016-11-09 13.700 2.091
2016-07-25 32.650 5.045

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Larsen & Toubro Infotech has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Larsen & Toubro Infotech has only been paying a dividend for 3 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Larsen & Toubro Infotech's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.4x coverage).
X
Income/ dividend checks
We assess Larsen & Toubro Infotech's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Larsen & Toubro Infotech afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Larsen & Toubro Infotech has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

LTI Management

 What is the CEO of Larsen & Toubro Infotech's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sanjay Jalona
COMPENSATION ₹139,680,000
AGE 49
TENURE AS CEO 3.7 years
CEO Bio

Mr. Sanjay Jalona has been the Chief Executive Officer and Managing Director at Larsen & Toubro Infotech Limited since August 10, 2015. Mr. Jalona served as Global Head of High-Tech & Manufacturing & Engineering Services and Executive Vice President at Infosys Ltd. until July 22, 2015. He is an Executive Director at Larsen & Toubro Infotech Limited. Mr. Jalona was responsible for defining and implementing strategy, setting vision and managing overall operations for these businesses. He led one of the fastest growing segments of Infosys, responsible for over 20 percent of its business. Mr. Jalona served as Head of US Operations for The Hi-Tech and Manufacturing Industry at Infosys BPO Limited from January 2013 to July 22, 2015 and also served as its Vice President. He served as a Senior Vice President of Manufacturing at Infosys Ltd. since September 12, 2013. He served as Global Head of Manufacturing & Engineering Services and Senior Vice President at Infosys Ltd. Mr. Jalona served as Regional Head of Manufacturing for North America at Infosys Ltd. until September 2013. He held senior positions in client-facing and delivery roles across US, Europe and India. Mr. Jalona has over 20 years of experience in the industry across diverse functions and roles with Indian and international IT organizations. He serves on the Industry Advisory Board of the Tauber Institute for Global Operations at the University of Michigan. He is a regular speaker at industry conferences such as the Oracle OpenWorld (OOW) and Microsoft Global Hi-Tech Summit. He is also a member of the task force for Manufacturing for Growth Initiative by the World Economic Forum. Mr. Jalona recognized among the Best CEOs in the Institutional Investor 2018 rankings for listed IT Services companies in Asia. Mr. Jalona was chosen as Exemplary CEO of the Year 2017 by BW Businessworld. He holds a Bachelor’s degree in Engineering from Birla Institute of Technology and Science (BITS), Pilani, India.

CEO Compensation
  • Sanjay's compensation has increased by more than 20% in the past year.
  • Sanjay's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Larsen & Toubro Infotech management team in years:

3.1
Average Tenure
49
Average Age
  • The tenure for the Larsen & Toubro Infotech management team is about average.
Management Team

Sanjay Jalona

TITLE
CEO, MD & Director
COMPENSATION
₹140M
AGE
49
TENURE
3.7 yrs

Ashok Sonthalia

TITLE
CFO & Chief IR Officer
COMPENSATION
₹21M
AGE
50
TENURE
3.7 yrs

Manoj Koul

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹5M
TENURE
1.7 yrs

Sudhir Chaturvedi

TITLE
President of Sales & Whole-Time Director
COMPENSATION
₹98M
AGE
48
TENURE
2.6 yrs

Siddharth Bohra

TITLE
Chief Business Officer of Tech
TENURE
3.6 yrs

Nachiket Deshpande

TITLE
Chief Operating Officer
TENURE
0.3 yrs

Nitin Mohta

TITLE
Head of Investor Relations

Peeyush Dubey

TITLE
Chief Marketing Officer

Ajay Tripathi

TITLE
Chief Human Resources Officer

Anil Vazirani

TITLE
Chief Business Officer of Insurance Americas
Board of Directors Tenure

Average tenure and age of the Larsen & Toubro Infotech board of directors in years:

3.6
Average Tenure
58
Average Age
  • The tenure for the Larsen & Toubro Infotech board of directors is about average.
Board of Directors

Anilkumar Naik

TITLE
Non-Executive Chairman
COMPENSATION
₹13M
AGE
76
TENURE
15.3 yrs

Sanjay Jalona

TITLE
CEO, MD & Director
COMPENSATION
₹140M
AGE
49
TENURE
3.7 yrs

S. Subrahmanyan

TITLE
Non-Executive Vice Chairman
AGE
58
TENURE
1.9 yrs

Sudhir Chaturvedi

TITLE
President of Sales & Whole-Time Director
COMPENSATION
₹98M
AGE
48
TENURE
2.4 yrs

Sam Desai

TITLE
Independent Director
COMPENSATION
₹5M
AGE
72
TENURE
12.3 yrs

Mukund Chitale

TITLE
Independent Director
COMPENSATION
₹2M
AGE
69
TENURE
7.5 yrs

Vedika Bhandarkar

TITLE
Independent Director
COMPENSATION
₹2M
AGE
51
TENURE
4.1 yrs

Sudip Banerjee

TITLE
Non-Executive Independent Director
COMPENSATION
₹1M
AGE
58
TENURE
1.9 yrs

Ramamurthi Raman

TITLE
Non-Executive Director
AGE
60
TENURE
3.5 yrs

Arjun Gupta

TITLE
Independent Director
COMPENSATION
₹2M
AGE
54
TENURE
3.5 yrs
Who owns this company?
Recent Insider Trading
  • Larsen & Toubro Infotech insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
03. Apr 19 Sell Sarbajit Deb Individual 05. Feb 19 29. Mar 19 -950 ₹1,765.20 ₹-1,648,711
01. Apr 19 Sell Ganesh Narayanan Individual 27. Mar 19 28. Mar 19 -2,450 ₹1,681.59 ₹-4,119,900
01. Apr 19 Sell Arvnd Ankalikar Individual 29. Mar 19 29. Mar 19 -750 ₹1,705.86 ₹-1,279,395
26. Mar 19 Sell Prashant Gunaji Individual 25. Mar 19 25. Mar 19 -2,500 ₹1,635.09 ₹-4,087,737
26. Mar 19 Sell Ganesh Narayanan Individual 22. Mar 19 25. Mar 19 -2,550 ₹1,655.11 ₹-4,220,537
26. Mar 19 Sell Pradip Puntambekar Individual 22. Mar 19 22. Mar 19 -1,000 ₹1,661.00 ₹-1,661,000
25. Mar 19 Sell Pradip Puntambekar Individual 20. Mar 19 20. Mar 19 -1,000 ₹1,640.00 ₹-1,640,000
21. Mar 19 Sell Rajeev Adenkar Individual 13. Mar 19 13. Mar 19 -4,000 ₹1,641.69 ₹-6,566,744
20. Mar 19 Sell Babita Singh Individual 31. Jan 19 31. Jan 19 -3,000 ₹1,745.74 ₹-5,237,225
26. Feb 19 Sell Parasuraman Ramanathan Individual 22. Feb 19 22. Feb 19 -1,000 ₹1,713.85 ₹-1,713,855
28. Feb 19 Sell Makarand Deolalkar Individual 27. Feb 19 27. Feb 19 -1,000 ₹1,725.00 ₹-1,725,000
22. Feb 19 Sell Ashok Sonthalia Individual 19. Feb 19 20. Feb 19 -800 ₹1,750.00 ₹-1,400,000
12. Feb 19 Sell Rajesh Gharpure Individual 06. Feb 19 06. Feb 19 -6,000 ₹1,843.02 ₹-11,058,099
07. Feb 19 Sell Makarand Deolalkar Individual 05. Feb 19 05. Feb 19 -1,000 ₹1,824.07 ₹-1,824,075
31. Jan 19 Sell Prashant Gunaji Individual 30. Jan 19 30. Jan 19 -800 ₹1,706.34 ₹-1,365,073
28. Jan 19 Sell Babita Singh Individual 24. Jan 19 24. Jan 19 -8,332 ₹1,747.32 ₹-14,558,634
24. Jan 19 Sell Makarand Deolalkar Individual 22. Jan 19 23. Jan 19 -730 ₹1,800.00 ₹-1,314,000
11. Jan 19 Sell Parveez Shaikh Individual 03. Jan 19 10. Jan 19 -1,500 ₹1,782.27 ₹-2,673,400
11. Jan 19 Sell Makarand Deolalkar Individual 09. Jan 19 09. Jan 19 -3,000 ₹1,747.43 ₹-5,242,279
21. Dec 18 Sell Raju Patil Individual 14. Dec 18 14. Dec 18 -1,000 ₹1,794.30 ₹-1,794,302
18. Dec 18 Sell Babita Singh Individual 13. Dec 18 13. Dec 18 -3,000 ₹1,692.90 ₹-5,078,700
14. Dec 18 Sell Dinesh Yawale Individual 12. Dec 18 12. Dec 18 -1,200 ₹1,588.58 ₹-1,906,294
13. Oct 18 Sell Rajesh Gharpure Individual 10. Oct 18 10. Oct 18 -4,000 ₹1,770.18 ₹-7,080,720
04. Oct 18 Sell Harsh Naidu Individual 01. Oct 18 01. Oct 18 -5,000 ₹1,919.27 ₹-9,596,344
03. Oct 18 Sell Anil Vazirani Individual 01. Oct 18 01. Oct 18 -3,000 ₹1,912.99 ₹-5,738,956
03. Oct 18 Sell Vineet Moroney Individual 01. Oct 18 01. Oct 18 -1,000 ₹1,915.00 ₹-1,915,000
25. Sep 18 Sell Kedar Gadgil Individual 11. Sep 18 24. Sep 18 -4,225 ₹1,927.91 ₹-7,837,929
25. Sep 18 Sell Prashant Gunaji Individual 24. Sep 18 24. Sep 18 -800 ₹1,861.59 ₹-1,489,271
25. Sep 18 Sell Harsh Naidu Individual 24. Sep 18 24. Sep 18 -2,000 ₹1,900.50 ₹-3,801,000
12. Sep 18 Sell Kedar Gadgil Individual 23. Aug 18 10. Sep 18 -650 ₹1,882.50 ₹-1,223,625
11. Sep 18 Sell Sujay Sen Individual 07. Sep 18 07. Sep 18 -6,000 ₹1,939.17 ₹-11,635,000
10. Sep 18 Sell Anil Vazirani Individual 07. Sep 18 07. Sep 18 -2,000 ₹1,917.84 ₹-3,835,687
10. Sep 18 Sell Bakul Virani Individual 11. Jul 18 07. Sep 18 -600 ₹1,887.70 ₹-1,132,620
05. Sep 18 Sell Rana Beteille Individual 04. Sep 18 04. Sep 18 -1,000 ₹1,875.00 ₹-1,875,000
05. Sep 18 Sell Anil Vazirani Individual 04. Sep 18 04. Sep 18 -4,255 ₹1,866.63 ₹-7,942,500
31. Aug 18 Sell Krutank Vaidya Individual 30. Aug 18 30. Aug 18 -3,920 ₹1,802.15 ₹-7,064,440
30. Aug 18 Sell Rajesh Gharpure Individual 27. Aug 18 27. Aug 18 -1,000 ₹1,887.72 ₹-1,887,719
31. Aug 18 Sell Sunil Sangamnerkar Individual 23. Jul 18 29. Aug 18 -2,100 ₹1,818.10 ₹-3,818,000
31. Aug 18 Sell Anish Shah Individual 10. Jul 18 29. Aug 18 -600 ₹1,821.21 ₹-1,092,725
29. Aug 18 Sell Anil Vazirani Individual 28. Aug 18 28. Aug 18 -745 ₹1,865.03 ₹-1,389,447
27. Aug 18 Sell Uday Gharpure Individual 23. Aug 18 23. Aug 18 -3,000 ₹1,872.00 ₹-5,616,000
22. Aug 18 Sell Girish Dhoot Individual 01. Jul 18 20. Aug 18 -597 ₹1,824.23 ₹-1,089,068
22. Aug 18 Sell Pankaj Chothani Individual 01. Jul 18 20. Aug 18 -580 ₹1,769.64 ₹-1,026,394
22. Aug 18 Sell Sanjay Jalona Individual 16. Aug 18 21. Aug 18 -35,000 ₹1,905.40 ₹-64,974,003
14. Aug 18 Sell Sandeep Mishra Individual 10. Jul 18 11. Jul 18 -700 ₹1,729.90 ₹-1,210,927
01. Aug 18 Sell Parasuraman Ramanathan Individual 27. Jul 18 27. Jul 18 -4,500 ₹1,834.11 ₹-8,253,496
19. Jul 18 Sell Rajeev Adenkar Individual 13. Jul 18 13. Jul 18 -3,000 ₹1,850.00 ₹-5,550,000
19. Jul 18 Sell Nilesh Deshmukh Individual 08. Jun 18 29. Jun 18 -1,300 ₹1,684.22 ₹-2,189,487
16. Jul 18 Sell Shankar Borkar Individual 11. Jul 18 11. Jul 18 -1,000 ₹1,765.55 ₹-1,765,546
11. Jul 18 Sell Rajesh Save Individual 05. Jul 18 10. Jul 18 -11,069 ₹1,718.00 ₹-18,669,364
09. Jul 18 Sell Parveez Shaikh Individual 06. Jul 18 06. Jul 18 -1,000 ₹1,650.00 ₹-1,650,000
05. Jul 18 Sell Rajesh Save Individual 03. Jul 18 03. Jul 18 -800 ₹1,640.92 ₹-1,312,740
03. Jul 18 Sell Sandeep Mishra Individual 22. Jun 18 29. Jun 18 -600 ₹1,679.24 ₹-1,007,544
02. Jul 18 Sell Kaushik Sarkar Individual 23. Apr 18 23. Apr 18 -5,000 ₹1,519.61 ₹-7,598,028
22. Jun 18 Sell Jayanta Kar Individual 02. Apr 18 04. Jun 18 -1,000 ₹1,575.00 ₹-1,575,000
18. Jun 18 Sell Vineet Moroney Individual 15. Jun 18 15. Jun 18 -1,000 ₹1,700.00 ₹-1,700,000
18. Jun 18 Sell Makarand Deolalkar Individual 15. Jun 18 15. Jun 18 -3,000 ₹1,675.00 ₹-5,025,000
05. Jun 18 Sell Rajen Shah Individual 30. May 18 01. Jun 18 -1,000 ₹1,710.67 ₹-1,710,675
01. Jun 18 Sell Anish Shah Individual 23. Apr 18 31. May 18 -700 ₹1,677.14 ₹-1,174,000
28. May 18 Sell Rajen Shah Individual 23. May 18 25. May 18 -1,697 ₹1,671.83 ₹-2,837,101
09. May 18 Sell Sourav Mitra Individual 02. May 18 03. May 18 -2,800 ₹1,497.39 ₹-4,192,705
03. May 18 Sell Sudhir Shenoi Individual 24. Apr 18 24. Apr 18 -1,000 ₹1,540.03 ₹-1,540,032
26. Apr 18 Sell Jignesh Jariwala Individual 23. Apr 18 23. Apr 18 -2,000 ₹1,522.49 ₹-3,044,973
26. Apr 18 Sell Shankar Borkar Individual 25. Apr 18 25. Apr 18 -1,000 ₹1,542.00 ₹-1,541,996
30. Apr 18 Sell Pankaj Chothani Individual 02. Apr 18 30. Apr 18 -650 ₹1,543.11 ₹-1,003,022
25. Apr 18 Sell Pradip Puntambekar Individual 23. Apr 18 23. Apr 18 -2,000 ₹1,470.30 ₹-2,940,593
25. Apr 18 Sell Larsen & Toubro Limited Company 24. Apr 18 24. Apr 18 -98,410 ₹1,544.89 ₹-152,032,903
24. Apr 18 Sell Sujay Sen Individual 24. Apr 18 24. Apr 18 -1,000 ₹1,550.00 ₹-1,550,000
24. Apr 18 Sell Makarand Deolalkar Individual 20. Apr 18 23. Apr 18 -950 ₹1,453.95 ₹-1,381,255
24. Apr 18 Sell Larsen & Toubro Limited Company 23. Apr 18 23. Apr 18 -309,409 ₹1,526.92 ₹-472,443,932
X
Management checks
We assess Larsen & Toubro Infotech's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Larsen & Toubro Infotech has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

LTI News

Simply Wall St News

Shareholders Are Loving Larsen & Toubro Infotech Limited's (NSE:LTI) 1.3% Yield

Dividend paying stocks like Larsen & Toubro Infotech Limited (NSE:LTI) tend to be popular with investors, and for good reason - some research shows that a significant amount of all stock market returns come from reinvested dividends.. … Yet sometimes, investors buy a stock for its dividend and lose money because the share price falls by more than they earned in dividend payments.. … With only a three-year payment history, and a 1.3% yield, investors probably think Larsen & Toubro Infotech is not much of a dividend stock.

Simply Wall St -

Is Larsen & Toubro Infotech Limited (NSE:LTI) A Financially Strong Company?

Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as Larsen & Toubro Infotech Limited (NSE:LTI), with a market cap of ₹288b, often get neglected by retail investors. … While they are less talked about as an investment category, mid-cap risk-adjusted returns have generally been better than more commonly focused stocks that fall into the small- or large-cap categories. … View our latest analysis for Larsen & Toubro Infotech

Simply Wall St -

Do Directors Own Larsen & Toubro Infotech Limited (NSE:LTI) Shares?

Every investor in Larsen & Toubro Infotech Limited (NSE:LTI) should be aware of the most powerful shareholder groups. … With a market capitalization of ₹283b, Larsen & Toubro Infotech is rather large. … View our latest analysis for Larsen & Toubro Infotech

Simply Wall St -

Should We Worry About Larsen & Toubro Infotech Limited's (NSE:LTI) P/E Ratio?

Larsen & Toubro Infotech has a price to earnings ratio of 20.71, based on the last twelve months. … How Do I Calculate Larsen & Toubro Infotech's Price To Earnings Ratio … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Can You Imagine How Larsen & Toubro Infotech's Shareholders Feel About The 16% Share Price Increase?

For example, the Larsen & Toubro Infotech Limited (NSE:LTI) share price is up 16% in the last year, clearly besting than the market return of around -7.8%. … We'll need to follow Larsen & Toubro Infotech for a while to get a better sense of its share price trend, since it hasn't been listed for particularly long. … So it seems like the market has cooled on Larsen & Toubro Infotech, despite the growth.

Simply Wall St -

Why You Should Care About Larsen & Toubro Infotech Limited’s (NSE:LTI) Cash Levels

Two important questions to ask before you buy Larsen & Toubro Infotech Limited (NSE:LTI) is, how it makes money and how it spends its cash. … I will take you through Larsen & Toubro Infotech’s cash flow health and the risk-return concept based on the stock’s cash flow yield, using the most recent financial data. … Free cash flow (FCF) is the amount of cash Larsen & Toubro Infotech has left after it pays off its expenses, including its net capital expenditures, which is what the company needs to spend each year to maintain or grow its business operations.

Simply Wall St -

These Factors Make Larsen & Toubro Infotech Limited (NSE:LTI) An Interesting Investment

I've been keeping an eye on Larsen & Toubro Infotech Limited (NSE:LTI) because I'm attracted to its fundamentals. … is a company with great financial health as well as a. … For those interested in digger a bit deeper into my commentary,

Simply Wall St -

Does Larsen & Toubro Infotech Limited's (NSE:LTI) Past Performance Indicate A Stronger Future?

Understanding how Larsen & Toubro Infotech Limited (NSE:LTI) is performing as a company requires looking at more than just a years' earnings. … Today I will run you through a basic sense check to gain perspective on how Larsen & Toubro Infotech is doing by comparing its latest earnings with its long-term trend as well as the performance of its it industry peers. … See our latest analysis for Larsen & Toubro Infotech?

Simply Wall St -

Can Larsen & Toubro Infotech Limited's (NSE:LTI) ROE Continue To Surpass The Industry Average?

To keep the lesson grounded in practicality, we'll use ROE to better understand Larsen & Toubro Infotech Limited (NSE:LTI). … Our data shows Larsen & Toubro Infotech has a return on equity of 33% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Larsen & Toubro Infotech Limited (NSE:LTI) Earns A Nice Return On Capital Employed

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … What is Return On Capital Employed (ROCE)? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

LTI Company Info

Description

Larsen & Toubro Infotech Limited, a technology consulting and digital solutions company, provides information technology (IT) services and solutions in India. It also exports IT professional services primarily t North America, Europe, South Africa, the Middle East, Japan, Australia, and Singapore. The company operates through Banking, Financial Services & Insurance; Manufacturing; Energy & Utilities; High-Tech, Media & Entertainment; and CPG, Retail, Pharma & Others segments. It offers application development services, maintenance and outsourcing services, enterprise solutions, infrastructure management services, testing solutions, digital solutions, and platform based solutions. It serves customers in banking and finance, insurance, oil and gas, utilities, consumer packaged goods, retail, logistics, Hi Tech, pharmaceuticals, healthcare, media and entertainment, process manufacturing, automotive and aerospace, industrial manufacturing, and engineering and construction industries. The company was formerly known as L&T Information Technology Limited and changed its name to Larsen & Toubro Infotech Limited in June 2001. Larsen & Toubro Infotech Limited was incorporated in 1996 and is headquartered in Mumbai, India. Larsen & Toubro Infotech Limited is a subsidiary of Larsen & Toubro Limited.

Details
Name: Larsen & Toubro Infotech Limited
LTI
Exchange: NSEI
Founded: 1996
₹286,326,340,616
173,510,084
Website: http://www.lntinfotech.com
Address: Larsen & Toubro Infotech Limited
Technology Tower 1,
Gate No. 5,
Mumbai,
Maharashtra, 400072,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEI LTI Equity Shares National Stock Exchange of India IN INR 21. Jul 2016
BSE 540005 Equity Shares Mumbai Stock Exchange IN INR 21. Jul 2016
Number of employees
Current staff
Staff numbers
27,513
Larsen & Toubro Infotech employees.
Industry
IT Consulting and Other Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 13:03
End of day share price update: 2019/04/22 00:00
Last estimates confirmation: 2019/04/11
Last earnings filing: 2019/01/18
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.