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L&T Infotech(Larsen & Toubro Infotech), a subsidiary ofL&T (Larsen & Toubro

is a global IT services and solutions provider company based in Mumbai, India.

L&T Infotech is ranked #8 in India IT companies in 2011-2012. The company has

39 registered offices in 22 countries.It employs standards of the SoftwareEngineering Institute's (SEI) Capability Maturity Model (CMM) and is a certified

Level 5 organization.

Originally founded as L&T Information Technology Ltd (Read as L&T-IT), a

wholly owned subsidiary of Larsen & Toubro Ltd (L&T), The company changed

its name to L&T Infotech on 1 April 1997. In December 2006, L&T Infotech

acquired GDA Technologies (a privately held electronic design firm based in

California, USA) and all of its design centers in USA and India. Location ofOffices.

L&T infotech is a global IT services and solutions provider.we provide

yhe winning edge to our clients by leveraging our business-to-IT connect and

deeply committed people. Our clients include industry leaders like cheveron,

Freescale,Hitachi,Sanyo and Lafarge. They have foundin us a right size parners

who combines scale,stabilityand customer centricity.

http://en.wikipedia.org/wiki/Californiahttp://en.wikipedia.org/wiki/Californiahttp://en.wikipedia.org/wiki/USAhttp://en.wikipedia.org/wiki/USAhttp://en.wikipedia.org/wiki/USAhttp://en.wikipedia.org/wiki/California

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Highlights:

1) L&T Infotech(Larsen & Toubro Infotech), a subsidiary ofL&T (Larsen &

Toubro is a global IT services and solutions provider company based in

Mumbai, India.

2) L&T Infotech is ranked #8 in India IT companies in 2011-2012. The

company has 39 registered offices in 22 countries.

3) It employs standards of the Software Engineering Institute's (SEI) Capability

Maturity Model (CMM) and is a certified Level 5 organization.

4) Originally founded as L&T Information Technology Ltd (Read as L&T-IT),

a wholly owned subsidiary of Larsen & Toubro Ltd (L&T), The company

changed its name to L&T Infotech on 1 April 1997.

5) L&T Infotech acquired GDA Technologies (a privately held electronic

design firm based inCalifornia,USA) and all of its design centers in USA

and IndiaLocation of Offices.

http://en.wikipedia.org/wiki/Californiahttp://en.wikipedia.org/wiki/Californiahttp://en.wikipedia.org/wiki/Californiahttp://en.wikipedia.org/wiki/USAhttp://en.wikipedia.org/wiki/USAhttp://en.wikipedia.org/wiki/USAhttp://en.wikipedia.org/wiki/USAhttp://en.wikipedia.org/wiki/California

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Vital Facts:

Industry

IT service management

IT service

IT consulting

Engineering/Embedded/R&D

Founded 1997

Headquarters Mumbai, Maharashtra, India

Key peopleV K Magapu

Director

Services

IT services

IT consulting

BPO and IT solutions

Revenue US$ 650 million (2011)

Employees 16,000

Parent Larsen & Toubro

Website lntinfotech.com

http://en.wikipedia.org/wiki/IT_service_managementhttp://en.wikipedia.org/w/index.php?title=IT_service&action=edit&redlink=1http://en.wikipedia.org/wiki/IT_consultinghttp://en.wikipedia.org/w/index.php?title=Engineering/Embedded/R%26D&action=edit&redlink=1http://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/wiki/Maharashtrahttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Information_technologyhttp://en.wikipedia.org/wiki/IT_consultinghttp://en.wikipedia.org/wiki/Business_Process_Outsourcinghttp://en.wikipedia.org/wiki/Holding_companyhttp://en.wikipedia.org/wiki/Larsen_%26_Toubrohttp://en.wikipedia.org/wiki/Larsen_%26_Toubrohttp://www.lntinfotech.com/http://www.lntinfotech.com/http://en.wikipedia.org/wiki/Larsen_%26_Toubrohttp://en.wikipedia.org/wiki/Holding_companyhttp://en.wikipedia.org/wiki/Business_Process_Outsourcinghttp://en.wikipedia.org/wiki/IT_consultinghttp://en.wikipedia.org/wiki/Information_technologyhttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Maharashtrahttp://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/w/index.php?title=Engineering/Embedded/R%26D&action=edit&redlink=1http://en.wikipedia.org/wiki/IT_consultinghttp://en.wikipedia.org/w/index.php?title=IT_service&action=edit&redlink=1http://en.wikipedia.org/wiki/IT_service_management

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Corporate Profile:

L&T Infotech(Larsen & Toubro Infotech), a subsidiary ofL&T (Larsen & Toubro

is a global IT services and solutions provider company based in Mumbai, India.

L&T Infotech is ranked #8 in India IT companies in 2011-2012. The company has39 registered offices in 22 countries.It employs standards of the Software

Engineering Institute's (SEI) Capability Maturity Model (CMM) and is a certified

Level 5 organization.

Originally founded as L&T Information Technology Ltd (Read as L&T-IT), a

wholly owned subsidiary of Larsen & Toubro Ltd (L&T), The company changed

its name to L&T Infotech on 1 April 1997. In December 2006, L&T Infotech

acquired GDA Technologies (a privately held electronic design firm based in

California,USA) and all of its design centers in USA and IndiaLocation of

Offices.

L&T Infotech has its presence across the following region.

India : Mumbai (Powai), Navi Mumbai (Vashi, Airoli, Mahape), Pune

(Shivaji nagar, Hinjewadi), Bangalore/Bengaluru (Whitefield), Mysore

(Hebbal), Chennai (Manapakkam), Hyderabad(Hitech City)

USA.

Canada.

Europe : United Kingdom, Germany, Denmark, France, Sweden, Norway,

Finland.

Asia Pacific : Japan, Singapore, Korea

South Africa.

Middle East : Kuwait, United Arab Emirates, Saudi Arabia, Qatar, Oman.

Australia & New Zealand.

http://en.wikipedia.org/wiki/Californiahttp://en.wikipedia.org/wiki/Californiahttp://en.wikipedia.org/wiki/USAhttp://en.wikipedia.org/wiki/USAhttp://en.wikipedia.org/wiki/USAhttp://en.wikipedia.org/wiki/USAhttp://en.wikipedia.org/wiki/California

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Milestones:

GDA Technologies Inc.: L&T Infotech acquired GDA Technologies Inc., a

leading Electronic Design Services (EDS) and silicon intellectual property

(SIP) solution provider for the Embedded, Networking, and ConsumerElectronics Market, in December 2006.

Captive technology center of Citigroup Fund Services Canada Inc.: In

January 2011, L&T Infotech acquired the captive technology center of

Citigroup Fund Services Canada Inc.

Management team:

NAME DESIGNATION

A M Naik L&T: Chairman & Managing DirectorL&T Infotech: Chairman

Y M Deosthalee : Chairman & Managing Director, L&TInfotech: Director

V. K. Magapu Whole-time Director & President (IT,Engineering Services and CorporateInitiatives), L&T Infotech: Director

Keshab Panda L&T Technology Services: ChiefExecutive, L&T Infotech: Member ofthe Board

M. M. Chitale L&T: Independent Director, L&TInfotech

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Key Ratios:

Years 2012 2011 2010 2009 2008Debt Equity Ratio 0.27 0.33 0.29 0.37 0.53Current Ratio 1.31 1.15 1.17 1.19 1.22

Inventory TurnoverRatio

29.49 29.93 27.84 28.73 6.01

Debtors TurnoverRatio

2.94 3.41 3.72 3.48 3.89

Net ProfitMargin(%)

7.82 8.17 8.78 11.56 10.06

Return On CapitalEmployed(%)

20.02 20.66 21.95 22.49 24.14

Return On NetWorth(%)

16.85 17.66 18.11 23.95 27.99

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[8]

Mar '13Mar'12

Mar '11 Mar '10 Mar '09

Investment Valuation Ratios

Face Value 2.00 2.00 2.00 2.00

Dividend Per Share 18.50 16.50 14.50 12.50

Operating Profit Per Share (Rs) 104.11 102.59 92.63 84.42

Net Operating Profit Per Share (Rs) 989.19 868.23 721.13 612.26

Free Reserves Per Share (Rs) -- -- -- 294.74

Bonus in Equity Capital 73.07 73.43 73.86 74.67

Profitability Ratios

Operating Profit Margin(%) 10.52 11.81 12.84 13.78

Profit Before Interest And Tax Margin(%) 8.90 10.24 11.18 12.41

Gross Profit Margin(%) 9.18 10.50 11.47 12.74

Cash Profit Margin(%) 8.72 9.35 9.37 9.21

Adjusted Cash Margin(%) 8.72 9.35 9.37 9.21

Net Profit Margin(%) 7.82 8.17 8.78 11.56

Adjusted Net Profit Margin(%) 7.82 8.17 8.78 11.56

Return On Capital Employed(%) 20.02 20.66 21.95 22.49

Return On Net Worth(%) 16.85 17.66 18.11 23.95

Adjusted Return on Net Worth(%) 15.97 17.45 16.59 16.81

Return on Assets Excluding Revaluations 473.57 411.87 358.81 303.28

Return on Assets Including Revaluations 473.57 411.87 358.81 303.66

Return on Long Term Funds(%) 20.43 22.65 22.68 23.19 Liquidity And Solvency Ratios

Current Ratio 1.31 1.15 1.17 1.19

Quick Ratio 1.29 1.22 1.16 1.15

Debt Equity Ratio 0.27 0.33 0.29 0.37

Long Term Debt Equity Ratio 0.25 0.21 0.25 0.33

Debt Coverage Ratios

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Interest Cover 7.57 10.39 9.99 11.17

Total Debt to Owners Fund 0.27 0.33 0.29 0.37

Financial Charges Coverage Ratio 8.41 11.44 10.96 6.09

Financial Charges Coverage Ratio Post Tax 6.83 8.74 8.36 5.81

Management Efficiency Ratios

Inventory Turnover Ratio 29.49 29.93 27.84 28.73

Debtors Turnover Ratio 2.94 3.41 3.72 3.48

Investments Turnover Ratio 29.49 29.93 27.84 28.73

Fixed Assets Turnover Ratio 5.17 5.13 4.99 5.20

Total Assets Turnover Ratio 1.64 1.59 1.56 1.48

Asset Turnover Ratio 1.72 1.72 1.65 1.67

Average Raw Material Holding -- -- -- 32.32

Average Finished Goods Held -- -- -- 3.54

Number of Days In Working Capital 3.07 -18.21 -39.13 49.22

Profit & Loss Account Ratios

Material Cost Composition 25.04 26.58 25.52 26.01

Imported Composition of Raw Materials Consumed 42.00 38.88 49.16 54.43

Selling Distribution Cost Composition -- -- -- 0.83

Expenses as Composition of Total Sales 21.55 15.15 13.38 18.62

Cash Flow Indicator Ratios

Dividend Payout Ratio Net Profit 24.93 24.95 25.15 19.72

Dividend Payout Ratio Cash Profit 21.37 21.56 21.84 18.01

Earning Retention Ratio 73.71 74.74 72.54 71.91

Cash Earning Retention Ratio 77.64 78.21 76.43 75.25

AdjustedCash Flow Times 1.46 1.62 1.50 1.95

Mar'13

Mar '12 Mar '11 Mar '10

Earnings Per Share 79.80 72.77 65.01 72.66

Book Value 473.57 411.87 358.81 303.28

Source : Dion Global Solutions Limited