L&t Technology Services Ltd. · NSE:LTTS
L&t Technology Services — Investor Presentation (April 2025)
27 slides from L&t Technology Services's investor presentation, April 2025
Slide 1: Investor Presentation
Purposeful. Agile. INVESTOR Innovation. PRESENTATION April 2025 www.LTTS.com 1
Slide 2: Disclaimer
Disclaimer This presentation is issued by L&T Technology Services Limited (the “Company”) for general information purposes only, without regard to specific objectives, suitability, financial situations and needs of any particular person. This presentation does not constitute or form part of any offe
Slide 3: This is L&T Technology Services
This is L&T Technology Services 421 Global Clients 1,502 57 Patents Of Global 100 R&D Spenders as clients 108 90%+ R&D Innovation Labs Repeat Business 24,250+ $1.4 Bn Employees Q4FY25 Annualized Revenue LTTS listed on NSE & BSE #1 Pure Play Engg Services^ Rated by Zinnov, ISG & Everest Since 2016 |
Slide 4: We are an end-end engineering partner for our Clients
We are an end-end engineering partner for our Clients Testing and Manufacturing certification support Inject innovation Improve quality & reliability Design & Product development launch support Optimize cost of development Product Product conceptualization maintenance Accelerate Solutions time-to-ma
Slide 5: Our Playing Field
Our Playing Field ER&D Addressable Market: India as a Destination is Sold Global ER&D Spend $2.5T – $3.3T Global ER&D Spend $1.5T – $1.8T ER&D Sourcing Global ER&D Spend $600B – $770B $577B ER&D Sourcing 17-22% $210B – $280B CAGR ER&D Sourcing 16% $55B India Sourcing Share CAGR $130B – $180B India S
Slide 6: Propelled by the Changing Technology Landscape
Propelled by the Changing Technology Landscape h for Manufacturing Responsi Tec bly Embedded Intelligence in AI enabled Robots Industrial Equipment Te Clean Tech Alternate Fuels ch T ha tA Us Software Defined cc Plant Digital Twin ele Machines s Green Hydrogen ove 6G rat Next Gen Motors Green Facili
Slide 7: Growth Themes Across Segments
Growth Themes Across Segments Segment Growth Drivers/Themes Cross Segment Themes Automotive SW Defined Mobility Electrification Smart Cockpits MOBILITY Trucks & Off-Highway Logistics Automation Asset Utilization Urbanization & Infra Al/ Gen Al investment Aero & Rail Urban Air Mobility AI for Air Tra
Slide 8: Our "Go Deeper to Scale" Strategy…
Our “Go Deeper to Scale” Strategy… www.LTTS.com 8
Slide 9: Drives Our Aspiration…LTTS 3.0
Drives Our Aspiration…LTTS 3.0 Medium Term Outlook Top 5 Global ER&D 01 Services Company Revenue $2 B 02 3 Billion-dollar segments Revenue 03 Technology Partner of Choice $1,259 M Revenue $737 M 04 2500+ Patents Values Driven, Inclusive, 05 Client Centric Organization FY21 FY25 www.LTTS.com 9
Slide 10: How Will We Get There…
How Will We Get There… GROWTH VECTORS 01 02 03 04 05 Create Billion-dollar Enhance Client Nurture Experience to Grow Co-Create Value Invest in Technologies Segments “Engineers at ” Relationships Through Large Deals Ahead of the Curve for Inclusive Growth Offerings in Digital, Standardize on the Clie
Slide 11: What Sets us Apart
What Sets us Apart Our Key Differentiators Engineering Multi State-of-art Translating Marquee DNA Domain Research Innovation to Customer Expertise & Test Labs Engineering Base www.LTTS.com 11
Slide 12: GEA: Building Cross-Domain Engineers at Scale
Our World Class Talent GEA: Building Cross-Domain Engineers at Scale 24,250+ GENESIS • Capacity to hire and train 2-3K EMPLOYEES ENGINEERING 3-month training for University graduates plus freshers per year THE CHANGE NOTCH UP • 80% of workforce upskilled or cross- skilled annually Upskilling & cross
Slide 13: Creating Customer Value Via Crosspoll!nnovation
Creating Customer Value Via Crosspoll!nnovation By bringing transformative ideas from other industries, LTTS’ Innovations helped us reduce lead time to market. 5G TCU Testing from our Hi-Tech Annotation Technology from Segment for a Transportation Transportation being used for Customer Imaging Medic
Slide 14: Powered by Large Deals Engine
Powered by Large Deals Engine Higher Addressable Improve Win Ratio Pipeline and Deal Size Market • Shortening technology cycles • Track record of large deal • 2X growth in pipeline and need for faster speed-to- execution in ER&D • Higher $50M plus deals in the market and optimal cost • End to end ca
Slide 15: #1 Pure-Play Engineering Services Provider for three consecutive years
Has Led Us To Where We Are #1 Pure-Play Engineering Services Provider for three consecutive years ^ Digital Engineering Aerospace Among Top 5 ESPs Among Top 5 ER&D players ADAS Auto Among Top 3 ESPs Among Top 4 in competency Leading Edge Leading Edge Digital Thread Medical in Emerging Among Top 3 ES
Slide 16: Mobility
Mobility Industry Verticals: Auto Off-Highway Aero Electrification & AV & Connected Software & AI for Planning & Tech Trends Cyber Security Decision Making xEV Mobility Connectivity Software Defined Vehicle (SDV) Hybrids & Electrification Vehicle Engineering Body Powertrain Avionics Onboard Offboard
Slide 17: Sustainability
Sustainability Industrial Machinery & Electric, Power & Industry Verticals: Building Tech. Utilities FMCG Oil & Gas NPD & Product Robotics & Grid Process & Carbon Capture & Tech Trends Electrification Sustenance Automation Digitalization Circular Economy Plant Twins Process Industrial Projects E
Slide 18: Tech
Tech Consumer & Smart Software & Industry Verticals: Medical Semcon Media Telecom World Platforms Microfluidics, Control systems Immersive-reality Cyber Network Tech Trends HPC MEMS & Robotics Technologies security Automatio Medical Tech n Device Digital Silicon Device Engineering Health Engineering
Slide 19: Diversified Business Mix
Diversified Business Mix By Vertical Onsite vs. Offshore Split 29% 29% Mobility Onsite 44% Tech 56% Offshore Sustainability 42% By Geography Fixed Price vs. T&M 7% North America Europe 40% 24% 52% Fixed Price 60% India T&M 17% Rest of the world All Figures Based on Q4FY25 www.LTTS.com 19
Slide 20: Diversified Customer Base
Diversified Customer Base Top Clients Contribution Scale-up of million dollar clients 60% % of Revenue (LTM) # Customer 49% Revenue FY22 FY23* FY24 FY25 50% (USD Mn) 39% 30 Million + 2 1 5 6 40% 30% 26% 20 Million + 6 11 12 11 20% 10 Million + 22 28 35 32 10% 5 Million+ 48 57 58 59 0% Top 10 Top 20
Slide 21: Performance Highlights
Performance Highlights FY20 FY21 FY22 FY23* FY24 Parameters FY25 Revenue from Operations (USD 786 737 880 1,089 1,164 1,259 mn) 56,191 54,497 65,697 88,155 96,473 Revenue from Operations (INR mn) 106,701 16.5% 14.5% 18.3% 17.3% 17.1% EBIT Margin 14.9% 8,186 6,633 9,570 12,121 13,037 Net Income (INR
Slide 22: Financial Performance – Q4 FY25
Financial Performance – Q4 FY25 Amount in ₹ million Income Statement 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, Gene
Slide 23: Financial Performance – Q4 FY25
Financial Performance – Q4 FY25 Amount in ₹ million Amount in ₹ million Balance Sheet FY24 FY25 Cash Flow Summary FY24 FY25 Assets Net cash provided by operating 14,928 14,811 Property and equipment 10,009 9,063 activities Intangible Assets and Goodwill 6,248 13,667 Capex -2,419 -1,018 Accounts Rece
Slide 24: Leveraging Production Digital Twins: Factories of the Future
Leveraging Production Digital Twins: Factories of the Future THE CHALLENGE The client is a global manufacturer renowned for enabling deep design for complete life cycles across their products. They wanted to identify potential bottlenecks in their production facilities, streamline resource allocatio
Slide 25: Streamlining Healthcare Journeys: Data-enabled, Digital Surgery Platform
Streamlining Healthcare Journeys: Data-enabled, Digital Surgery Platform THE CHALLENGE The client, one of America’s largest healthcare conglomerates, sought an end-to-end IoT solution which enabled a seamless, interconnected network that enables surgeons in their workflow and patients on their healt
Slide 26: Elevating Marine Experiences: Real-time Visibility and Safety
Elevating Marine Experiences: Real-time Visibility and Safety THE CHALLENGE The client sought a transformative solution to connect marine engines to the cloud, improving visibility, predictive maintenance, and performance insights for an enhanced boating experience. They aimed to provide real-time m
Slide 27: Global Locations and Contact
Edison, New Jersey USA HQ London, United Kingdom Toronto, Canada Europe HQ Engineering Design Center Gothenburg, Sweden Rockford, Illinois Digital Engineering Center Aerospace & Defense Engineering Germany Design Center • Munich FMCG Industries • Augsburg Automotive CoE Krakow, Poland Santa Clara, C
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