L&T Technology Services | www.LTTS.com Disclaimer This - PowerPoint PPT Presentation

L&T Technology Services | www.LTTS.com

Disclaimer This presentation is issued by L&T Technology Services Limited (the “ Company ”) for general information purposes only, without regard to specific objectives, suitability, financial situations and needs of any particular person. This presentation does not constitute or form part of any offer or invitation or inducement to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of the Company, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contract or commitment therefor. No person is authorized to give any information or to make any representation not contained in or inconsistent with this presentation and if given or made, such information or representation must not be relied upon as having been authorized by any person. This presentation may include statements which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position, expenditures, and financial results, are forward looking statements. Forward looking statements are based on certain assumptions and expectations of future events. This presentation should not be relied upon as a recommendation or forecast by the Company. Please note that the past performance of the Company is not, and should not be considered as, indicative of future results. The Company cannot guarantee that these assumptions and expectations are accurate or will be realised. The actual results, performance or achievements, could thus differ materially from those projected in any such forward-looking statements. The Company does not undertake to revise any forward-looking statement that may be made from time to time by or on behalf of the Company. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward looking statements. This presentation may not be copied or disseminated, in whole or in part, and in any manner or for any purpose. No person is authorized to give any information or to make any representation not contained in or inconsistent with this presentation and if given or made, such information or representation must not be relied upon as having been authorized by any person. Failure to comply with this restriction may constitute a violation of applicable laws. The information contained in these materials has not been independently verified. None of the Company, its Directors, Promoter or affiliates, nor any of its or their respective employees, advisers or representatives or any other person accepts any responsibility or liability whatsoever, whether arising in tort, contract or otherwise, for any errors, omissions or inaccuracies in such information or opinions or for any loss, cost or damage suffered or incurred howsoever arising, directlyor indirectly, from any use of this document or its contents or otherwise in connection with this document, and makes no representation or warranty, express or implied, for the contents of this document including its accuracy, fairness, completeness or verification or for any other statement made or purported to be made by any of them, or on behalf of them, and nothing in this presentation shall be relied upon as a promise or representation in this respect, whether as to the past or the future. The information and opinions contained in this presentation are current, and if not stated otherwise, as of the date of this presentation. The Company undertakes no obligation to update or revise any information or the opinions expressed in this presentation as a result of new information, future events or otherwise. Any opinions or information expressed in this presentation are subject to change without notice. L&T Technology Services | www.LTTS.com 1

L&T Technology Services – At a glance Global Leader: Pure Play Engineering Services Company 265 Global Clients $ 723 MN 472 Patents FY19 Rev 90% $ 199 MN Repeat Business Q3 FY20 Rev 16,700+ 16.8% Employees Q3 FY20 EBIT margin 50 28 Innovation Sales Offices Labs L&T Technology Services | www.LTTS.com 2

Our Engineering heritage and multi- domain capabilities… Medical Devices Industrial Products Consulting, 45% Domain & Design Telecom, Consumer Transportation Electronics, Semiconductors Skill Based 55% Process Industry L&T Technology Services | www.LTTS.com 3

…supported by best in class infrastructure SMART MANUFACTURING IoTLAB INNOVATION LAB TEAR DOWN LAB LAB POWER ELECTRONICS LAB WIRELESS LAB IMAGING LAB L&T Technology Services | www.LTTS.com 4

…allows us to be the end -end engineering partner for our clients Testing and Manufacturing Inject Innovation Certification Support Improve Quality & Reliability Design & Product Development Maintenance Optimize Cost of Development Product Product Conceptualization Launch Support Accelerate Time-to-Market So l u t i o n s a c r o s s P D L C L&T Technology Services | www.LTTS.com 5

LTTS Evolution… DO IT TRANSFORM BUSINESS IMPROVE BUSINESS DO IT CHEAPER DO IT BETTER DIFFERENTLY Discrete business Consolidation and Building capabilities Org and operational ENGINEERING units working in building synergy through investments re-structuring THE CHANGE silos 15% 49% 27% 25% 60% 40% 51% 85% 73% 75% 30%+ Embedded Digital Engineering Mechanical Revenues 45% Consulting, Overall Addressable India Addressed Domain & Design Market 5.5% Market 12.3% CAGR 17-21 CAGR 17-21 Significant Overall Addressable Market Addressed Market India 55% increase despite Skill Based ESP growing at 10-13% annually Pre-2009 2009 Phase 1 2012 Phase 2 2015 Phase 3 2017 Phase 4 2021 L&T Technology Services | www.LTTS.com L&T Technology Services | www.LTTS.com 6 6 6

Customer requires partners with… 1 AGILITY, ENGINEERING AND DOMAIN EXPERTISE TO DRIVE CLIENTS TRANSFORMATIONAL Innovation, Platforms and Solutions Hi-Tech REQUIREMENTS Medical Plant Engineering Transportation Industrial Products 35% Workforce 65% Workforce Embedded Horizontals Application Engineering Mechanical Digital Manufacturing Services Client Servicing Innovation, Platforms and Solutions CTO Org L&T Technology Services | www.LTTS.com L&T Technology Services | www.LTTS.com 7 7 7

Customer requires partners with… 2 Leaders Other Positions No Positions MULTI-VERTICAL AND MULTI-DOMAIN CAPABILITIES ENABLING TO LEVERAGE ADJACENCIES… Vertical Rankings Horizontal Rankings Plant Consumer Auto Off-highway Aero Medical Telecom Semicon Industrial Chemicals O&G FMCG IoT IIOT Embedded Engineering Electronics LTTS 15 14 TCS 11 HCL 11 Wipro 9 Altran 4 Quest 3 Cyient 0 EPAM L&T Technology Services | www.LTTS.com L&T Technology Services | www.LTTS.com 8 8 8

Customer requires partners with… 3 MEDICAL ▪ Real-time Remote Monitoring …READY 2 DEPLOY SOLUTIONS ▪ 3D Printing TRANSPORTATION ▪ AI in Medical Imaging (R2DS) TO SPEED UP THEIR ▪ Digital Cockpit GTM… ▪ Additive Manufacturing ▪ Autonomous Car Middleware ▪ Active Safety ENABLING DIGITAL ▪ EV/ Hybrid ▪ V2X PLATFORMS TELECOM & HI-TECH 5G : Enabling Next-Gen Connectivity ▪ 5G and IoT chipset module ▪ ASIC - Frontend, PD Augmented Reality/Virtual Reality ▪ Smart Homes & Gateways ▪ Next-Gen Media Streaming Cognitive Computing ▪ Embedded AI in chips ▪ OTT Solution, App Frameworks (AI/Engineering Analytics/DL/ML/NLP) Vision Based Computing (Image Processing) INDUSTRIAL PRODUCTS Security/Blockchain PLANT ENGINEERING ▪ Building management ▪ Plant control mobility solution Sensor Fusion ▪ Digital Twin ▪ Digital Factory ▪ Energy Storage/Management ▪ Integrated manufacturing & supply ▪ Industrial IoT chain ▪ Condition based monitoring ▪ Plant energy management solutions L&T Technology Services | www.LTTS.com L&T Technology Services | www.LTTS.com 9 9 9

ER&D: New Technology spend accounting for ~40% All numbers in $Bn Legacy spend New Technology Spend Auto Con. Elect. Telcom Plant 2018 2022 2018 2022 2018 2022 2018 2022 Old 126 146 Old 47 32 Old 63 77 Old 65 72 1580 New 21 41 New 28 59 New 12 21 New 9 21 1228 1058 568 293 159 Semcon Aero Med. Dev. Storage 1012 935 899 2018 2022 2018 2022 2018 2022 2018 2022 Old 57 76 Old 48 52 Old 35 44 Old 30 31 New 10 15 New 2 3 New 11 19 New 6 10 2013 2018 2022E L&T Technology Services | www.LTTS.com 10 Source: Zinnov , March 2019