Operates a rural-focused technology platform across three segments — agri supply chain, financial inclusion & digital services, and a newly set-up diagnostics & healthcare line. The largest stream, Agri Supply Chain & Technologies, contributed ₹60.69 crore, or 58.4% of FY26 segment revenue, selling digital services, procurement tools and agri inputs to farmers and farmer producer organisations (FPOs). Financial Inclusion & Digital Services brought in ₹40.72 crore (39.2% share), offering onboarding, fintech access and digital marketplaces to rural populations reached through 5,000-plus villages and nearly 4 crore farmers on its SMART platform. Diagnostics & Healthcare is a new segment built around molecular diagnostic kits, medical devices and IVD solutions, anchored by a ₹7.50 crore (2.06%) investment in Huwel Lifesciences and an international sales appointment to expand into Asia, Africa and Europe. Materials and procurement dominate the cost stack at ₹89.23 crore (85.8% of revenue), with employee costs at 5.7% and other opex at 3.8%. Recent MoUs include a freeze-drying facility with the Government of Tripura (around 1,300 direct and indirect jobs), a biochar fertiliser tie-up with ProClime Services, and an FPO digital transformation partnership with Intellecap. A Singapore branch commenced operations in March 2025 to support overseas expansion. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Agri Supply Chain & Technologies (58%), Financial Inclusion & Digital Services (39%), Others (3%), Diagnostics & Healthcare (0%). Asset-light digital services platform with a heavy procurement/materials cost base, exposed to rural-agri and early-stage diagnostics execution.
| ₹ crore · consolidated | FY20 | FY21 | FY22 | FY23 | FY26 |
|---|---|---|---|---|---|
| Revenue | 68 | 63 | 66 | 53 | 104 |
| EBITDA (ex other income) | 7 | 6 | 6 | 462 | 5 |
| margin % | 10.1 | 9.4 | 8.6 | 877.2 | 4.6 |
| Owners' profit | 0 | (49) | (50) | 0 | 0 |
| EPS, as reported (₹) | (6.85) | (16.75) | (11.30) | 13.54 | 0.08 |
| ROE % · ROCE % | (34.6) · 3.7 | (52.5) · 2.0 | (75.7) · 2.3 | 78.1 · 61.1 | 17.4 · 13.1 |
| Debt / equity (x) | 2.23 | 3.82 | 5.79 | 0.00 | 0.26 |
| Cash from operations | — | 27 | 4 | (3) | 1 |
| Capex | — | 0 | (0) | (0) | (2) |
| ₹ crore | Q3 FY22 | Q4 FY22 | Q1 FY23 | Q2 FY23 | Q3 FY23 | Q4 FY23 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16 | 18 | 15 | 14 | 11 | 12 | 34 | 12 |
| Profit before tax | (13) | (12) | (13) | (13) | (1) | 459 | 3 | 1 |
| Net profit | (12) | (12) | (14) | (13) | (1) | 440 | 2 | 1 |
| EPS (₹) | (3.42) | (1.72) | 0.92 | (3.79) | 0.33 | 14.44 | 0.07 | 0.03 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Financial Inclusion & Digital Services | 11 | 32.3 |
| Agri Supply Chain & Technologies | 23 | 66.5 |
| Others | 0 | 1.1 |
| Total, before eliminations | 34 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| L&T TECHNOLOGY SER. LTD. | 35,510 | 26.9 | 5.47 | 16.3 | 19.7 | 21.1 | 15.1 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 5 Sept 2026 · Newspaper publication of 34th AGM notice for shareholders | compliance | minimal | — | — |
| 4 Sept 2026 · 34th AGM on 30 Sep 2026; Book Closure from 24 Sep; E-voting cut-off 23 Sep | board shareholder meetings | low | — | — |
| 4 Sept 2026 · AGM on Sept 30, 2026; QIP of Rs 150 Cr and Ampivo share-swap on agenda | board shareholder meetings | low | — | — |
| 3 Sept 2026 · Board okays Rs150 Cr QIP, share-swap for 43.44% Ampivo, new auditor, AGM Sep 30 | board shareholder meetings | medium | — | — |
| 3 Sept 2026 · NSE seeks clarification on quarterly results compliance | compliance | medium | — | — |
| 31 Aug 2026 · Board meeting Sept 3: QIP fundraise, preferential issue, Ampivo acquisition | board shareholder meetings | low | — | — |
| 12 Aug 2026 · Avio Smart Market Stack sets up Philippines healthcare step-down subsidiary | strategic transactions | medium | — | — |
| 12 Aug 2026 · Q1 FY27 results: revenue up 35%, net profit Rs 150L vs Rs 45L, MD re-appointed | results | high | — | — |
| 7 Aug 2026 · Board meeting on Aug 12 to consider Q1FY27 results and MD re-appointment | results | low | — | — |
| 30 Jul 2026 · Filing of RTA certificate under SEBI Regulation 74(5) for Q1 FY27 | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| 19.6 |
| TATA TECHNOLOGIES LIMITED | 31,087 | 55.8 | 7.92 | 33.8 | 13.9 | 14.3 | — | 18.3 |
| INVENTURUS KNOWLEDGE SO L | 29,665 | 38.0 | 10.59 | 27.0 | 25.8 | 27.7 | — | 33.6 |
| NETWEB TECH INDIA LTD | 28,723 | 109.9 | 39.71 | — | 28.5 | 37.5 | — | 15.7 |
| AFFLE 3I LIMITED | 22,105 | 46.2 | 6.05 | 30.4 | 12.5 | 15.2 | 39.3 | 25.8 |
| SAGILITY LIMITED | 21,150 | 21.3 | 2.19 | 12.0 | 9.6 | 11.6 | — | 22.3 |
| BLACK BOX LIMITED | 14,299 | 61.3 | 11.11 | 28.4 | 16.9 | 9.5 | 6.2 | 8.4 |
| E2E NETWORKS LIMITED | 12,632 | 287.1 | — | — | — | — | — | 82.5 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 0.5 | 18.9 | 1 of 78 | 100% |
| P/B | 6.2 | 2.2 | 60 of 70 | 15% |
| ROCE | 12.9 | 9.7 | 33 of 87 | 63% |
| ROE | 17.4 | 9.4 | 14 of 72 | 82% |
| Debt / Equity | 0.3 | 0.0 | 60 of 72 | 17% |
| EBITDA margin | 13.2 | 13.0 | 34 of 69 | 52% |
| Revenue growth | (12.8) | 20.8 | 58 of 67 | 14% |
| Profit growth | 107.2 | 14.6 | 12 of 64 | 83% |
| Market cap | 211 | 309 | 48 of 87 | 45% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
