L&t Technology Services Ltd. · NSE:LTTS
L&t Technology Services — Q4 FY25 Earnings Presentation
17 slides from L&t Technology Services's earnings presentation, Apr 24, 2025
Slide 1: Exchange filing cover letter
L&T Technology Services Limited A.M. Naik Tower,6th Floor, L&T Campus, Gate No.3, Jogeshwari-Vikhroli Link Road, Powai, Mumbai-400072. www.ltts.com April 24, 2025 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra-Kurla Complex Phiroze Jeejeebhoy Towers, Bandra (East), Mumba
Slide 2: L&T Technology Services reports 12.4% QoQ growth in Q4FY25
L&T Technology Services reports 12.4% QoQ growth in Q4FY25 Highest ever large deal bookings in Q4 FY25 Revenue of ₹ 10,670 crore, up 10.6 % Proposed Final Dividend of ₹ 38 per share Mumbai, April 24, 2025: L&T Technology Services Limited (BSE: 540115, NSE: LTTS), India’s leading pure-play engineerin
Slide 3: Highlights and Recognitions
Highlights and Recognitions: • Recognized by Etihad Rail at the Global Rail Innovation Awards for its Innovative Way to Detect Visible Rail Defects in Real-Time. • Awarded the Golden Peacock Innovation Management Award 2024, for leadership in cutting-edge innovation initiatives for global businesses
Slide 4: Fourth Quarter FY25 Results Investor Release
ENGINEERING THE CHANGE L&T TECHNOLOGY SERVICES LIMITED FOURTH QUARTER | FY25 RESULTS Investor Release | Mumbai, India, April 24, 2025
Slide 5: Safe Harbour Statement
SAFE HARBOUR STATEMENT Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve number of risks, and uncertainties that could cause our actual results to differ materially from those in such forward-looking statements. L&T Technology Ser
Slide 6: Financial Highlights
FINANCIAL HIGHLIGHTS Q4 FY25 • Revenue of ₹29,824 million for the quarter; growth of 12.4% QoQ and 17.5% YoY • Revenue of $345.1 million for the quarter; a growth of 10.7% QoQ and 13.1% YoY; in constant currency, a growth of 10.5% QoQ and 14.2% YoY • EBIT of ₹3,939 million for the quarter; EBIT marg
Slide 7: Message from the CEO & Managing Director
MESSAGE FROM THE CEO & MANAGING DIRECTOR We continued our industry leading QoQ growth momentum with a third straight quarter of sequential growth of 10.7% and delivered 8.9% revenue growth in cc in FY25 despite a challenging environment. The growth was driven by superior client engagements and new-g
Slide 8: Performance Highlights: Key Deal Wins
PERFORMANCE HIGHLIGHTS KEY DEAL WINS LTTS closed several multi-million dollar projects from global customers across segments. The major wins are listed below: • LTTS has been awarded a multi-year, $80+ million deal with a US-based manufacturer of industrial products and solutions to accelerate the c
Slide 9: Financial Performance
FINANCIAL PERFORMANCE INCOME STATEMENT (CONSOLIDATED) Amount in ₹ million Q4 FY24 Q3 FY25 Q4 FY25 QoQ YoY FY24 FY25 YoY Revenue 25,375 26,530 29,824 12.4% 17.5% 96,473 106,701 10.6% Cost of sales 18,050 18,849 21,540 68,467 75,982 Gross Profit 7,325 7,681 8,284 7.8% 13.1% 28,005 30,719 9.7% Selling,
Slide 10: Other Income
Amount in ₹ million OTHER INCOME Q4 FY24 Q3 FY25 Q4 FY25 FY24 FY25 Income from investments, net 369 385 301 1,318 1,391 Foreign exchange gains/(loss) 143 -112 21 502 243 Others -84 -93 12 -256 -99 Total 428 180 334 1,564 1,535 PAGE 7 L&T TECHNOLOGY SERVICES | Q4 FY 25 - QUARTERLY RESULT
Slide 11: Balance Sheet and Cash Flow Summary
Amount in ₹ million BALANCE SHEET (CONSOLIDATED) FY24 FY25 Assets Property and equipment 10,009 9,063 Intangible Assets and Goodwill 6,248 13,667 Accounts Receivable 28,277 29,165 Unbilled Revenues 4,280 5,953 Investments 14,927 13,096 Cash and Cash equivalents 13,905 15,658 Other current assets 2,9
Slide 12: Operational Performance
OPERATIONAL PERFORMANCE QoQ YoY In Constant Currency Q4 FY24 Q3 FY25 Q4 FY25 Growth Growth QoQ Growth YoY Growth Revenue (USD Mn) 305.1 311.9 345.1 10.7% 13.1% 10.5% 14.2% YoY In Constant Currency FY24 FY25 Growth YoY Growth Revenue (USD Mn) 1,163.9 1,258.9 8.2% 8.9% REVENUE SHARE BY SEGMENT Q4 FY24
Slide 13: Revenue Mix, Project Type and Client Profile
REVENUE MIX Q4 FY24 Q3 FY25 Q4 FY25 FY24 FY25 Onsite 41.3% 41.4% 44.2% 40.9% 42.2% Offshore 58.7% 58.6% 55.8% 59.1% 57.8% REVENUE BY PROJECT TYPE Q4 FY24 Q3 FY25 Q4 FY25 FY24 FY25 Fixed Price 39.5% 41.2% 39.9% 37.4% 38.9% Time and Material Contract 60.5% 58.8% 60.1% 62.6% 61.1% CLIENT PROFILE Q4 FY2
Slide 14: Client Contribution, Employee Statistics, Exchange Rate
CLIENT CONTRIBUTION TO REVENUE Q4 FY24 Q3 FY25 Q4 FY25 Top 5 Clients 15.4% 15.2% 15.1% Top 10 Clients 26.4% 26.8% 25.8% Top 20 Clients 40.6% 39.9% 39.4% Client contribution is based on LTM (Last Twelve Months) revenue EMPLOYEE STATISTICS Q4 FY24 Q3 FY25 Q4 FY25 Total Headcount 23,812 23,465 24,258 B
Slide 15: Industry Recognitions
INDUSTRY RECOGNITIONS • Recognized by Etihad Rail at the Global Rail Innovation Awards for its Innovative Way to Detect Visible Rail Defects in Real-Time. • Awarded the Golden Peacock Innovation Management Award 2024, for leadership in cutting-edge innovation initiatives for global businesses. • LTT
Slide 16: Patents, Corporate Social Responsibility, Other Highlights
PATENTS At the end of Q4FY25, the patents portfolio of L&T Technology Services stood at 1,502, out of which 929 are co-authored with its customers and the rest are filed by LTTS. CORPORATE SOCIAL RESPONSIBILITY OTHER HIGHLIGHTS Estrellas 2024 LTTS recently held its annual employee awards ceremony, d
Slide 17: About L&T Technology Services
ABOUT L&T TECHNOLOGY SERVICES L&T Technology Services (LTTS) is a global leader in engineering and technology services. A listed subsidiary of Larsen & Toubro (L&T), we offer design, development, testing, and sustenance services across products and processes. Purposeful. Agile. Innovation. is how we
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