L&T Know-how Providers Ltd, integrated within the 12 months 2012, is a Mid Cap firm with a market cap of Rs 27301.41 Crore, working in IT Software program sector.
L&T Know-how Providers’ key Merchandise/Income Segments embody Service (Engineering) for the 12 months ending 31-Mar-2020.
Motilal Oswal mentioned, whereas L&T Know-how Providers has delivered largely flat progress over FY19-21 (1 per cent income CAGR) as a consequence of Covid-19 and ramp down at key purchasers (partly as a consequence of exterior points), Motilal Oswal expects a powerful progress rebound (17 per cent CAGR over FY21-23E).
After a pointy 200 bps dip in margin in FY21, as a result of Covid-led influence, the corporate needs to be greater than capable of get well margin over the subsequent two years on favorable working leverage, resulting in 29 per cent earnings CAGR over FY21-23E.
Motilal Oswal’s goal worth of Rs 3,130 per share implies 30x FY23E EPS. It anticipates improved trade spends in comparison with the earlier 5 years.
For the quarter ended 31-03-2021, the corporate has reported a Consolidated Whole Earnings of Rs 1475.10 Crore, up 1.77 per cent from final quarter’s Whole Earnings of Rs 1449.50 Crore and down 2.18 per cent from final 12 months similar quarter’s Whole Earnings of Rs 1508 Crore. Firm has reported a web revenue after tax of Rs 195.30 Crore within the newest quarter.