LTI L&T Infotech

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LTI
Larsen & Toubro Infotech (LTI), a subsidiary of Larsen & Toubro, is a global IT solutions & services company based in Mumbai, India.

Industry Verticals:
BFS
Insurance
Manufacturing
Energy & Utilities
CPG, Retail & Pharma
High-Tech, Media & Entertainment

Strengths:
Strong brand value in the Larsen and Turbo group and trusted, this can be huge positives to win the deals.
Track record in execution in Digital and Latest tech.

Opportunities:
Can win more deals and increase the portfolio.
Can scale up to Infy/TCS

Weakness:
Heavy dependence on US Dollar. Dollar depreciation can hurt margins.
IT industry is dependent on Global economy, any macro changes will put pressure on top line.

Threats:
Margin erosion, Visa regulation changes and increase in costs.

Stock is trading at trailing PE 24.34
Dividend yield is 1.26%.

recent result: Huge tailwinds currently.

Disclosure: Invested 5% of PF, may add further

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