L&T Technology Services Profile
Key Indicators
- Authorised Capital ₹ 1,057.06 Cr
- Paid Up Capital ₹ 21.17 Cr
- Company Age 12 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.00 Cr
- Satisfied Charges ₹ 125.00 Cr
- Revenue Growth 21.34%
- Profit Growth 20.89%
- Ebitda 20.79%
- Net Worth 17.74%
- Total Assets 13.15%
About L&T Technology Services
L&T Technology Services Limited (LTSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 June 2012 and has a history of 12 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540115 and on the National Stock Exchange(NSE) under LTTS.
The Corporate was formerly known as L&T Technology And Engineering Services Company Limited. The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1,057.06 Cr and a paid-up capital of Rs 21.17 Cr.
The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹125.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at L&T Technology Services Limited India are Rajeev Gupta as CFO and Prasad Shanbhag as Company Secretary. Narayanan Kumar, Luis Miranda, Sudip Banerjee, and Eight other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Information Technology
What products or services does L&T Technology Services Limited offer?
L&T Technology Services Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant, Legal Drafting & Litigation Services, Dispute Resolution Service, Indoor Lights & Lighting Accessories, LED Lights, IT, Networking & Automation Solution, IT Solutions, Product Engineering and Prototyping, Product Engineering Service.
Who are the key members and board of directors at L&T Technology Services?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Chadha  | Managing Director | 01-Feb-2015 | Current |
Rajeev Gupta  | CFO | 20-Jul-2020 | Current |
| Prasad Shanbhag | Company Secretary | 09-May-2024 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sudip Banerjee | Director | 21-Jan-2016 | Current |
| Narayanan Kumar | Director | 15-Jul-2016 | Current |
| Luis Miranda | Director | 19-Oct-2021 | Current |
| Abhishek | Whole-Time Director | 18-Oct-2019 | Current |
| Keshab Panda | Director | 14-Jun-2012 | Current |
| Alind Saxena | Whole-Time Director | 26-Apr-2023 | Current |
Financial Performance of L&T Technology Services.
L&T Technology Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.34% increase. The company also saw a substantial improvement in profitability, with a 20.89% increase in profit. The company's net worth Soared by an impressive increase of 17.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of L&T Technology Services?
In 2023, L&T Technology Services had a promoter holding of 73.85% and a public holding of 26.16%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Manipal Health Enterprises Private LimitedNarayanan Kumar is a mutual person
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Navin Fluorine International LimitedApurva Purohit is a mutual person
Charges (Loans)
Open Charges
₹5.00 Cr
Satisfied Charges
₹125.00 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Oct 2023 | The Hongkong And Shanghai Banking Corporation Limited | ₹5.00 Cr | Open |
| 27 Aug 2014 | Idbi Bank Limited | ₹25.00 Cr | Satisfied |
| 10 Jul 2014 | Icici Bank | ₹25.00 Cr | Satisfied |
| 25 Apr 2014 | The Hongkong And Shanghai Banking Corporation Limited | ₹25.00 Cr | Satisfied |
| 24 Mar 2014 | Citi Bank N.A. | ₹50.00 Cr | Satisfied |
How Many Employees Work at L&T Technology Services?
Unlock and access historical data on people associated with L&T Technology Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of L&T Technology Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped L&T Technology Services's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on L&T Technology Services
Recent activity within the organization
- Annual General Meeting
L&T Technology Services Limited last Annual general meeting of members was held on 26 Jun 2024 as per latest MCA records.
- Director Appointment
Prasad Vishnu Shanbhag was appointed as a Company Secretary was appointed as a Company Secretary on 09 May 2024 & has been associated with this company since 9 months 23 days .
- Balance Sheet
L&T Technology Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 5.00 Cr with Charge ID 100823406 was registered on 27 Oct 2023.
- Director Appointment
Alind Saxena was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 26 Apr 2023 & has been associated with this company since 1 year 10 months .
- Director Appointment
Aruna Sundararajan was appointed as a Director was appointed as a Director on 26 Apr 2023 & has been associated with this company since 1 year 10 months .
Recent News, Updates & Announcement
- L&T Technology Services bags Rs 800 crore cybersecurity programme in Maharashtra.
New Delhi, March 15: L&T Technology Services Limited (LTTS) on Friday announced that it has won a first-of-its-kind cybersecurity programme in India worth around $100 million (about Rs 800 crore) from the Maharashtra state cyber department..
Frequently asked questions
What is the Incorporation or founding date of L&T Technology Services Limited?
L&T Technology Services Limited was incorporated on 14 Jun 2012.
What is authorized share capital and paid-up capital of L&T Technology Services Limited?
The authorized share capital of L&T Technology Services Limited is ₹ 1,057.06 Cr and paid-up capital is ₹ 21.17 Cr.
Who are the current board members & directors of L&T Technology Services Limited?
Currently 13 directors are associated with L&T Technology Services Limited.
- Narayanan Kumar
- Luis Miranda
- Sudip Banerjee
- Keshab Panda
- Amit Chadha
- Abhishek
- Alind Saxena
- Rajeev Trilokinath Gupta
- Prasad Vishnu Shanbhag
- Aruna Sundararajan
- Sekharipuram Narayanan Subrahmanyan
- Chandrasekaran Ramakrishnan
- Apurva Purohit
What is the registered address of L&T Technology Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of L&T Technology Services Limited is L T House, N.M.Marg Ballard Estate India, Mumbai, Maharashtra, 400001.
What is the corporate identification number (CIN) and company number of L&T Technology Services Limited?
The corporate identification number (CIN) of L&T Technology Services Limited is L72900MH2012PLC232169 and the company number is 232169 as per Ministry of Corporate Affairs (MCA).
Is L&T Technology Services Limited registered with any stock exchange in India?
Yes, L&T Technology Services Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): LTTS.
What is the official website of L&T Technology Services Limited?
The Official website of L&T Technology Services Limited is https://www.lnttechservices.com
What has been the recent revenue trend for L&T Technology Services Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for L&T Technology Services Limited has risen by 21.34%.
What change has been observed in the net worth of L&T Technology Services Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of L&T Technology Services Limited has experienced an upsurge of 17.74%.
What are the total open charges for L&T Technology Services Limited?
As per the financial statements for fiscal Year 2023, The total open charges for L&T Technology Services Limited amount to ₹ 5.00 Cr.
When was the last Balance Sheet of L&T Technology Services Limited filed with the ROC?
The most recent Balance Sheet for L&T Technology Services Limited was filed with the ROC on 31 Mar 2024.
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