L&T Infotech Analyst Meet - High-Quality Growth With Predictable Margins: Prabhudas Lilladher
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Prabhudas Lilladher Report
We attended Larsen and Toubro Ltd.’s analyst day held on Dec 09, 2021. The company's senior management outlined their strategy to sustain track record of consistent revenue growth and be in leader’s growth quadrant by-
scaling up tech capabilities (data, cloud and digital),
mining existing strategic clients,
investing in new high potential verticals and markets, and
building sales and marketing teams.
Management mentioned that demand continues to be strong across all verticals, markets and service lines. New large deal pipeline is at $2.07 billion, 9% YoY growth (versus 60% YoY last year) indicates demand shifting towards medium-sized short cycle deals driven by discretionary spends as clients are using technology for revenue maximisation and faster go-to-market.
In a strong demand environment constrained by availability of digitally skilled talent, L&T Infotech is focused on building talent at scale.
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