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NSE:LTTS

L&T TECHNOLOGY SER. LTD.

Information Technology › IT - Services·NIFTY 500NIFTY LARGEMIDCAP 250NIFTY MIDCAP 150NIFTY MIDSMALLCAP 400+5
₹4,091.50
at close · 28 Oct 2026
▼ 73.50 (-1.76%)

Latest filings

  1. LTTS wins five-year Nokia engineering and R&D contract · Compliance
  2. Q2 FY27 earnings call: profit rises and operating margin reaches 16.3 percent · Investor Communications
  3. Newspaper publication of September 2026 quarterly and half-year results · Compliance
All filings ↓
Ask Nexa about L&T TECHNOLOGY SER. LTD.

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Provides engineering research and development (ER&D) and digital engineering services to global enterprises, reporting ₹10,995.9 crore in FY26 revenue across three segments. Sustainability (34.8% of segment revenue) serves process industries such as oil & gas and plant engineering; Tech (33.3%) covers telecom, hi-tech and embedded software; Mobility (31.9%) covers automotive, aerospace, rail, trucks and off-highway. People are the principal input — employee cost is 58.7% of revenue and other operating expenses 23.7%, while materials are zero and capex is 1.7% of revenue. The firm is embedding AI into its engineering platforms, with partnerships with Anthropic/Claude and Databricks, a 100-engineer forward-deployment team, and platforms such as AgenticIQ, PlxAI, Ainfonix, AiNexus and AiTest. Q1 FY27 revenue was ₹2,940 crore with an EBIT margin of 15.7%. Cash and investments stood at ₹3,531 crore as of March 2026 with no debt, and management has stated a 13–15% revenue CAGR and 16–17% EBIT margin aspiration over five years.

Revenue mix · reported segments
Sustainability34.8%
Tech33.3%
Mobility31.9%
Operating scale
Q1 FY27 revenue
$310 millionQ1 FY27
Large deal TCV wins
$855 million (+40% YoY)FY26
AI patents
244Q1 FY27
Total patent portfolio
1,757Q1 FY27
Fortune 500 clients
69FY26
Sustainability segment EBIT margin
29.1%Q1 FY27
Who pays it
Global enterprise clients across 69 Fortune 500 companies
Biggest cost
Employees (people cost is 58.7% of revenue)
Kind of business
Asset-light, people-driven engineering services with no materials cost
Where it sits
Indian ER&D services provider; industry estimated to grow at ~8% CAGR per Zinnov
Market Cap
₹43,370 Cr
P / E (TTM)
32.9×
EV / EBITDA
19.1×
Div Yield
1.37%
Growth
15.1%▲
Revenue 5y CAGR
PAT +14.0% · EBITDA +12.4%
Quality
28.7%▲
ROCE (5y median)
ROE 23.0% (5y median) · margin 19.0%
Leverage
0.00·
Debt / Equity · low
Net cash ₹1,650 Cr
Revenue FY21→FY26
2.0×▲
Margin −0.6 pts
₹5,450 Cr → ₹10,996 Cr
Cash conversion
1.13×▲
Operating cash ÷ profit · 5 yrs
₹6,740 Cr on ₹5,986 Cr
Moves on a normal day
1.26%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 87 IT Enabled Services peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#55/76
P/B#62/70
ROCE#13/86
ROE#9/70
Debt / Equity#1/70
EBITDA margin#23/69
Revenue growth#54/67
Profit growth#35/64

Scorecard

Measured from the filed financials, judged against its IT Enabled Services peers · as of FY26 — not investment advice

Strengths
Revenue compounding 15% a year over 5 years
Profit compounding 14% a year over 5 years
Returns on capital 28.7% (5-year median)
#13 of 86 in IT Enabled Services on the latest reported figures
No borrowings on the balance sheet
lower than 74% of its 70 IT Enabled Services peers
Over 5 years it reported ₹5,986 Cr of profit and ₹6,740 Cr of operating cash — 1.13×
Profit is converting into cash
Pays out 46% of profit as dividend
Concerns
Nothing flagged in the filed numbers.

Charts

How has the market priced it — with filings on the timeline?

LTTS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from L&T TECHNOLOGY SER. LTD.'s filed financials and exchange disclosures

What does L&T TECHNOLOGY SER. LTD. do?

L&T TECHNOLOGY SER. LTD. is a IT - Services company listed on NSE and BSE, trading under the symbol LTTS.

Is L&T TECHNOLOGY SER. LTD. profitable?

Yes. Over the trailing twelve months L&T TECHNOLOGY SER. LTD. reported a net profit of ₹1,322 Cr on revenue of ₹11,701 Cr.

Does L&T TECHNOLOGY SER. LTD. pay a dividend?

Yes. The dividend yield is 1.37% at the current price. It paid out 46% of its profit as dividend in FY26.

Is L&T TECHNOLOGY SER. LTD. debt-free?

Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹1,650 Cr of cash.

Is L&T TECHNOLOGY SER. LTD. expensive compared with its peers?

On trailing P/E, L&T TECHNOLOGY SER. LTD. ranks 55 of 76 in IT Enabled Services — cheaper than 28% of them, against an industry median of 17.9×. This is a position, not a valuation judgement.

How much does the L&T TECHNOLOGY SER. LTD. share price move in a day?

On a typical session L&T TECHNOLOGY SER. LTD. moves 1.26% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track L&T TECHNOLOGY SER. LTD.'s announcements?

Every NSE and BSE filing by L&T TECHNOLOGY SER. LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.