L&T Technology Services Ltd (L&T Technology), a subsidiary of Larsen & Toubro Ltd, provides digital engineering, development and consultancy services. The company offers product, manufacturing and operating engineering services in the fields of mechanical, manufacturing automation, security, software development, smart factory, wearable IOT and embedded systems. Its service offerings include software and hardware product design and development, maintenance, testing and validations, agile supply chain, integrated content management, security monitoring, industrial AI and plant engineering, among others. L&T Technology also offers i-BEMS, a building management system, nBoN, a narrow band IOT solution for smart metering, FlyBoard, a digital signage solution and others. The company serves technology, transportation, oil and gas, healthcare, media, and entertainment, semiconductors, telecommunication and plant engineering sectors. L&T Technology is headquartered in Vadodara, Gujarat, India.
Headquarters
India
Address
L&T Knowledge City, Special Economic Zone (It/Ites), West Block-Ii, Nh No. 8, Village Ankhol, Vadodara, Gujarat, 390019
Website
www.ltts.com
Telephone
91 265 6705000
No of Employees
22,131
Industry
Technology and Communications
Ticker Symbol & Exchange
LTTS (NSE)
Revenue (2022)
$1.1B
34.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
26.7%
(2022 vs 2021)
Market Cap*
$6.7B
Net Profit Margin (2022)
XYZ
-5.6%
(2022 vs 2021)
* As of and is in US$
L&T Technology Services Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| i-BEMS | Product Engineering: | UBIQWeise 2.0 |
| ubiqweise 2.0 | Mechanical Design | AiKno |
| WAGES Application | Hardware | Chest-rAi |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company secured US$100 million cyber security project from the Maharashtra State Cyber Department to build an AI, ML-driven cybersecurity and digital threat analytics centre for Maharashtra Cyber. |
| 2024 | Contracts/Agreements | In March, the company and Intel Corporation entered into a partnership to develop and deliver scalable edge-AI solutions for a range of use cases, including Cellular Vehicle-to-Everything (CV2X) applications. |
| 2024 | Contracts/Agreements | In February, the company entered into a partnership with AT&T to join AT&T’s Connected Climate Initiative. |
Competitor Comparison
| Key Parameters | L&T Technology Services Ltd | HCL Technologies Ltd | LTIMindtree Ltd | Cyient Ltd | Dynacons Systems & Solutions Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Vadodara | Noida | Mumbai | Hyderabad | Mumbai |
| State/Province | Gujarat | Uttar Pradesh | Maharashtra | Telangana | Maharashtra |
| No. of Employees | 22,131 | 221,139 | 82,471 | 12,014 | - |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| S. N. Subrahmanyan | Vice Chairman | Executive Board | 2015 | - |
| Amit Chadha | Managing Director; Chief Executive Officer | Executive Board | 2021 | - |
| Abhishek Sinha | Director; Chief Operating Officer | Executive Board | 2019 | - |
| Alind Saxena | President - Sales; Director | Executive Board | 2023 | - |
| Rajeev Gupta | Chief Financial Officer | Senior Management | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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