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L&T Technology Services Limited

L&T Technology Services Limited

NSE: LTTS
Information Technology ServicesTechnologyLARGE CAPMCap ₹39.41k Cr
₹3,714.60₹27.80 (+0.75%)

Market Closed • NSE

Market cap₹39.41k Cr
Enterprise value₹36.60k Cr
P/E TTM30.27
Forward P/E22.73
P/B6.08
EPS TTM₹122.73
Forward EPS₹163.44
ROCE26.70%
D/E8.91
Dividend yield0.02%
Face value₹2.00
52W high₹4,726.00
52W low₹3,010.00
Price chart(1Y)
1Y Return:+10.85% (+₹363.50)
H: ₹3,785L: ₹3,030
1W+12.26%
1M+11.74%
3M+12.35%
6M+7.68%
1Y-10.59%
Today at a glance

Day range

₹3,650.00₹3,785.00

52 week range

₹3,010.00₹4,726.00
Volume87.1K1.15x 20D avg
Free float50.00%+15.20% volume

L&T Technology Services Limited closed at INR3714.60 (+0.75%) on volume 1.15x its 20-day average, trading 21.4% below its 52-week high.

Technical analysis
RSI (14)71.6Overbought
MACDBULLISHBullish (Above signal)
ATR (14)₹117.82High
SMA 20₹3,315.08BULLISH
SMA 50₹3,425.32BULLISH
SMA 100₹3,390.92BULLISH
SMA 200₹3,499.38BULLISH
CPR bottom₹3,653.90
Pivot₹3,664.87
CPR top₹3,675.83
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +7.2% QoQ

2026-05-22

DIVIDEND Announced

Dividend - Rs 40 Per Share

2025-10-27

DIVIDEND Announced

Interim Dividend - Rs 18 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹578.5 Cr₹39.41k Cr1.47%≤ 33%PASS
Non-halal income ratio₹107.3 Cr₹11.00k Cr0.98%≤ 5%PASS
Illiquid assets ratio₹8.84k Cr₹10.49k Cr84.27%≥ 20%PASS
Receivables ratio–₹10.49k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E30.2723.00
Forward P/E22.73—
P/B6.083.80
EV/EBITDA—18.00
PEG—2.20
Earnings yield3.304.30
Growth & profitability
RevenuePAT
FY25PAT margin 11.90%
FY26PAT margin 11.60%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+1.00%
Revenue CAGR 5Y+2.70%
PAT CAGR 3Y+0.30%
PAT CAGR 5Y+0.20%
Operating margin15.69%
Net margin11.68%
Financial health & cash flow
Net debt–Moderate
Interest coverage24.80xEBIT / interest
CFO / PAT1.14x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹1.46k Cr
Capital expenditure–
Free cash flow₹1.27k Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall75/100
Valuation50/100
Profitability80/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 26.7%

Low Debt Profile: Debt-to-Equity is comfortable at 0.09x

High Cash Flow Conversion: CFO/PAT averaged 1.14x over last 3 years

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Information Technology Services.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

80%53%27%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
18.50%Institutional holding
7.93%Public holding
5Periods available
0.00%Promoter pledged
2.45LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
22 May 2026Dividend₹40.00 / share—22 May 2026
27 Oct 2025Dividend₹18.00 / share—27 Oct 2025
06 Jun 2025Dividend₹38.00 / share—06 Jun 2025
25 Oct 2024Dividend₹17.00 / share—25 Oct 2024
14 Jun 2024Dividend₹33.00 / share—14 Jun 2024
27 Oct 2023Dividend₹17.00 / share—27 Oct 2023
07 Jul 2023Dividend₹30.00 / share—07 Jul 2023
28 Oct 2022Dividend₹15.00 / share—27 Oct 2022
—Dividend₹15.00 / share—07 Jul 2022
27 Jan 2022Dividend₹10.00 / share—25 Jan 2022
27 Oct 2021Dividend₹10.00 / share—26 Oct 2021
—Dividend₹14.50 / share—08 Jul 2021
27 Oct 2020Dividend₹7.50 / share—26 Oct 2020
—Dividend₹13.50 / share—08 Jul 2020
31 Oct 2019Dividend₹7.50 / share—30 Oct 2019
—Dividend₹13.50 / share—11 Jul 2019
02 Nov 2018Dividend₹7.50 / share—01 Nov 2018
—Dividend₹12.00 / share—13 Aug 2018
15 Nov 2017Dividend₹4.00 / share—14 Nov 2017
—Dividend₹4.00 / share—14 Aug 2017
22 Nov 2016Dividend₹3.00 / share—21 Nov 2016
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)41.87%-13.45% latest vs average
Highest delivery63.65%on 18 Sept
Average volume (20D)75.6KTrading-session average
Conviction trendWeakening-13.45% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Tata Consultancy Services Limited
Tata Consultancy Services LimitedTCS
Open analysis
₹8.92L17.282.04%₹72,275.00₹13,420.00+13.93%+4.69%
Infosys Limited
Infosys LimitedINFY
Open analysis
₹4.70L15.824.50%₹48,211.00₹7,775.00+14.03%+12.29%
HCL Technologies Limited
HCL Technologies LimitedHCLTECH
Open analysis
₹3.73L20.423.53%₹34,579.00₹4,626.00+13.94%+20.34%
Wipro Limited
Wipro LimitedWIPRO
Open analysis
₹1.82L14.494.60%₹24,236.30₹3,501.80+7.70%-1.90%
Tech Mahindra Limited
Tech Mahindra LimitedTECHM
Open analysis
₹1.59L28.773.09%₹15,712.00₹1,486.00+17.68%+31.62%
LTM Limited
LTM LimitedLTM
Open analysis
₹1.30L24.901.77%₹11,608.00₹1,469.00+17.96%+17.05%
LG ELECTRONICS INDIA LTD
LG ELECTRONICS INDIA LTDLGEINDIA
Open analysis
₹1.17L63.960.00%₹7,233.35₹652.86——
One97 Communications Limited
One97 Communications LimitedPAYTM
Open analysis
₹1.08L169.180.00%₹2,264.00₹184.00+18.41%+134.07%
About L&T Technology Services Limited
L&T Technology Services Limited

Incorporated in 2012, L&T Technology Services is an engineering and technology services company, a subsidiary of Larsen & Toubro, providing design, development, testing, and maintenance services across products and processes. [1]

IndiaTechnology

Questions investors ask
Is L&T Technology Services Limited Shariah compliant?

L&T Technology Services Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (1.47%) complies with AAOIFI threshold (≤ 33%).

What is L&T Technology Services Limited's current valuation relative to peers?

L&T Technology Services Limited trades at a P/E of 30.3x compared to the sector median of 23x, and a Price-to-Book of 6.1x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.09x. Interest coverage is 24.8x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 2.7% while net profit growth averaged 0.2%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.