L&T Technology Services Limited (NSE: LTTS)

L&T Technology Services Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	11,193	11,221	5,346	2,347	1,751	2,179
Short-Term Investments	15,468	8,798	10,596	12,734	3,674	1,164
Trading Asset Securities	-	6,816	12,041	5,576	12,049	5,204
Cash & Short-Term Investments	26,661	26,835	27,983	20,657	17,474	8,547
Cash Growth	26.39%	-4.10%	35.46%	18.22%	104.45%	9.59%
Accounts Receivable	23,089	32,620	32,775	19,587	14,781	17,326
Other Receivables	-	564	405	338	763	1,387
Receivables	23,089	33,194	33,931	20,256	15,549	18,726
Inventory	65	33	16	-	-	-
Prepaid Expenses	-	1,336	1,084	933	931	881
Other Current Assets	14,742	905	755	1,405	1,072	948
Total Current Assets	64,557	62,303	63,769	43,251	35,026	29,102
Property, Plant & Equipment	9,753	10,009	6,692	6,496	6,379	5,676
Long-Term Investments	1,825	1,991	1,752	861	-	310
Goodwill	6,043	6,035	6,010	5,881	5,827	5,460
Other Intangible Assets	182	213	393	549	737	686
Long-Term Deferred Tax Assets	15	54	138	138	67	311
Other Long-Term Assets	4,096	4,280	3,222	3,734	2,693	1,488
Total Assets	86,471	84,885	81,976	60,910	50,729	43,033
Accounts Payable	14,101	14,117	12,369	3,934	2,352	1,975
Accrued Expenses	1,652	4,014	5,513	4,810	4,172	4,036
Short-Term Debt	-	-	-	-	-	303
Current Portion of Leases	1,353	1,393	811	495	790	693
Current Income Taxes Payable	701	617	1,165	841	471	328
Current Unearned Revenue	-	2,250	2,606	747	555	512
Other Current Liabilities	6,249	2,980	10,637	2,906	2,642	2,541
Total Current Liabilities	24,056	25,371	33,101	13,733	10,982	10,388
Long-Term Leases	5,089	5,195	3,731	4,276	4,015	3,268
Long-Term Deferred Tax Liabilities	718	745	397	809	578	-
Other Long-Term Liabilities	199	13	165	274	322	1,622
Total Liabilities	30,062	31,407	37,447	19,148	15,897	15,278
Common Stock	212	212	211	211	210	209
Additional Paid-In Capital	-	11,872	11,462	11,396	11,229	11,043
Retained Earnings	-	44,737	36,667	27,713	21,777	17,344
Comprehensive Income & Other	55,984	-3,550	-3,991	2,305	1,515	-910
Total Common Equity	56,196	53,271	44,349	41,625	34,731	27,686
Minority Interest	213	207	180	137	101	69
Shareholders' Equity	56,409	53,478	44,529	41,762	34,832	27,755
Total Liabilities & Equity	86,471	84,885	81,976	60,910	50,729	43,033
Total Debt	6,442	6,588	4,542	4,771	4,805	4,264
Net Cash (Debt)	20,219	20,247	23,441	15,886	12,669	4,283
Net Cash Growth	29.70%	-13.63%	47.56%	25.39%	195.80%	-39.65%
Net Cash Per Share	190.68	191.03	221.39	150.61	120.14	40.65
Filing Date Shares Outstanding	105.83	105.75	105.61	105.53	105.05	104.51
Total Common Shares Outstanding	105.83	105.75	105.61	105.53	105.05	104.51
Working Capital	40,501	36,932	30,668	29,518	24,044	18,714
Book Value Per Share	531.01	503.73	419.94	394.43	330.63	264.91
Tangible Book Value	49,971	47,023	37,946	35,195	28,167	21,540
Tangible Book Value Per Share	472.19	444.65	359.31	333.50	268.14	206.10
Machinery	-	6,725	6,031	4,700	3,892	3,465
Construction In Progress	-	131	65	99	119	87
Leasehold Improvements	-	1,277	597	532	457	408

Source: S&P Capital IQ. Standard template. Financial Sources.